VOR CLUB CORPORATION DBA RAINTREE COUNTRY CLUB

EIN: 562101396 Recreation & Sports

CHARLOTTE, NC

Total Revenue
$8,936,806
Total Expenses
$9,988,056
Total Assets
$14,516,257
Net Assets
$4,649,705
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NC
Principal Officer
LAURA SULLIVAN
Phone
7045428150
Tax Period
2024-04-01 to 2025-03-31

VOR CLUB CORPORATION DBA RAINTREE COUNTRY CLUB, founded in 1999, is a community nonprofit in the Recreation & Sports sector that reported $8.9M in total revenue in fiscal year 2024. Expenses of $10.0M exceeded revenue, resulting in a 12% operating deficit.

Mission

PRIATE CLUB THAT OFFERS RECREATIONAL FACILITIES AND SOCIAL ACTIVITIES FOR ITS MEMBERS AND THEIR GUESTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,574,639
Investment Income $1,901
Other Revenue $1,360,266
TOTAL REVENUE $8,936,806

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,057,778
Fundraising Expenses $0
Other Expenses $4,930,278
TOTAL EXPENSES $9,988,056

Year-over-Year Comparison

2024 2023 Change
Revenue $8,936,806 $8,787,422 +0.0%
Expenses $9,988,056 $9,575,157 +0.0%
Net Income $-1,051,250 $-787,735 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
16
Employees
261
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$342,697
Total Directors
16
$0
Key Employees
1
$171,200
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY HERRING PRESIDENT 2.00
Officer Director
$0 $0 $0
LAURA SULLIVAN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
THOM GOEKEN TREASURER 2.00
Officer Director
$0 $0 $0
KATIE EGGERS SECRETARY 2.00
Officer Director
$0 $0 $0
MATT ARNOLD BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTEN BERNARD BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE HALL BOARD MEMBER 1.00
Director
$0 $0 $0
ZACH HALL BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES JONES BOARD MEMBER 1.00
Director
$0 $0 $0
BEN LAW BOARD MEMBER 1.00
Director
$0 $0 $0
KIM MARKS BOARD MEMBER 1.00
Director
$0 $0 $0
SHANE MCKIERNAN BOARD MEMBER 1.00
Director
$0 $0 $0
CRYSTAL ROWE BOARD MEMBER 1.00
Director
$0 $0 $0
VICKY SHANNON BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN WINTERS BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD WOODCOCK BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA RODGERS CONTROLLER 40.00
Officer
$89,077 $35,041 $124,118
TONY TREVINO GENERAL MANAGER 50.00
Officer
$105,779 $19,853 $125,632
SHANNON ARCHER FMR GENERAL MANAGER 50.00
Officer
$75,938 $17,009 $92,947
BRAD FELLRATH COURSE SUPERINTENDENT 50.00
Key Emp
$159,859 $11,341 $171,200
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $8,936,806 $9,988,056 $14,516,257 $-1,051,250
2024 $8,787,422 $9,575,157 $13,359,293 $-787,735
2023 $8,117,368 $8,190,835 $9,312,006 $-73,467
2022 $7,496,900 $6,891,755 $8,365,754 $605,145
2021 $5,610,497 $4,985,529 $6,831,556 $624,968
2020 $6,273,294 $6,140,848 $5,294,921 $132,446
2019 $6,298,544 $6,236,340 $4,297,655 $62,204
2018 $5,844,367 $6,042,071 $4,318,090 $-197,704
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