Roaring Gap Club INC

Not tax-deductible

Roaring Gap, NC501(c)(7)Since 1969Mutual / membership EIN 56-0939382Revenue $11.8M in FY2025Latest return filed Aug 18, 2026

On file with the IRSroaringgap.com2663 Roaring Gap Club Drive, 28668-0000 · Roaring Gap, NCTax-exempt since Jun 1972

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The Club provides its members with Club facilities and activities, including golf, tennis, swimming, exercise, hiking, dining and social events.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Run by 12 volunteers and 219 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $874K a year · 9% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$1.1M
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.8M
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.8M
+13% vs prior year
Spent
$11.0M
Net assets
$18.3M
By yearFY2020–FY2025
Revenue
$11.8M
FY2025▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.4M
FY2021$8.0M
FY2022$9.5M
FY2023$10.5M
FY2024$10.4M
FY2025$11.8M
Expenses
$11.0M
FY2025▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.8M
FY2021$7.5M
FY2022$9.3M
FY2023$10.1M
FY2024$10.6M
FY2025$11.0M
Net assets
$18.3M
FY2025▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$16.8M
FY2021$17.2M
FY2022$17.3M
FY2023$17.7M
FY2024$17.5M
FY2025$18.3M

From the FY2025 Form 990 (year ending October 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

19 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
General Manager
$259,510Pt VII · Sec A
Golf Superintendent
$168,083Pt VII · Sec A
Tennis Pro
$142,545Pt VII · Sec A
$131,635Pt VII · Sec A
Assistant General Manager
$128,807Pt VII · Sec A
$118,603Pt VII · Sec A
Controller
$106,080Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jill Philmon$259,510$236,149$141,602———
Steve Plummer——$132,226$217,515$212,459$168,459
Erik Guinther$168,083$159,803$151,111$147,070$125,650$118,535
Jarrod Liston$142,545$137,531$143,877———
Petar Peros$131,635$121,653————
Josh Baskey$128,807$126,417————
David Wohrle————$118,640$114,408
William Glenn$118,603$104,853—$108,727——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Roaring Gap Club INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers social and recreational activities for its members.

Questions for Roaring Gap Club INC

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3 programs · in their own filed words · FY2024
01

Operation of a clubhouse, dining room, and lounge for the benefit of its members

Pt IX · col B
02

Operation of tennis courts and pool for the benefit of its members.

Pt IX · col B
03

Operation of a golf course for the benefit of its members.

Pt IX · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$11.8M
Ln 12
Fees for servicesLn 2g$10.4M
Investment incomeLn 3$787K
Other incomeLn 4–11$632K
Money outPt IX
$11.0M
Ln 25
Owns and owesPt X
$18.3M
net assets · Ln 32
Cash and savingsLn 1–2$917K
Total assetsLn 16$21.1M
LiabilitiesLn 26$2.8M
PeoplePt VI, VII
19
listed · VII A
PaidVII A7
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$10.4M
Investment incomeLn 3$787K
Other incomeLn 4–11$632K
Gains on assetsLn 7$766K
Total revenueLn 12$11.8M
Assets in detailPt X, end of year
CashLn 1$917K
Cash and savings togetherLn 1–2$917K
Land, buildings, equipmentLn 10c$18.1M
Other assetsLn 15$225K
Total assetsLn 16$21.1M
LiabilitiesLn 26$2.8M
Net assetsLn 32$18.3M
OperationsPt I, VI
EmployeesI 5219
VolunteersI 612
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$65K$917K
Land, buildings, equipmentLn 10c$18.9M$18.1M
Total assetsLn 16$21.2M$21.1M
LiabilitiesLn 26$3.7M$2.8M
Net assetsLn 32$17.5M$18.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$378K
Other salaries and wagesLn 7$4.0M
Pension plan contributionsLn 8$27K
Other employee benefitsLn 9$409K
Payroll taxesLn 10$397K
Other fees for servicesLn 11g$363K
Office expensesLn 13$207K
OccupancyLn 16$621K
InterestLn 20$58K
Depreciation, depletion and amortizationLn 22$1.6M
InsuranceLn 23$358K
Other expenses (24a–d)Ln 24$2.0M
All other expensesLn 24e$523K
Total functional expensesLn 25$11.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Aug 18, 2026 $11.8M$11.0M$809K$18.3M 990 PDF
FY2024Filed with the IRS Sep 10, 2025 $10.4M$10.6M−$211K$17.5M 990 PDF
FY2023Filed with the IRS Aug 14, 2024 $10.5M$10.1M$393K$17.7M 990 PDF
FY2022Filed with the IRS Aug 31, 2023 $9.5M$9.3M$187K$17.3M 990 PDF
FY2021Filed with the IRS Sep 14, 2022 $8.0M$7.5M$426K$17.2M 990 PDF
FY2020Filed with the IRS Sep 13, 2021 $9.4M$5.8M$3.6M$16.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $11,771,893 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $9,844,437$10,352,664
I-10 Investment incomePrior year $11,962$787,309
I-11 Other revenuePrior year $550,894$631,920
I-12 Total revenuePrior year $10,407,293$11,771,893
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,891,651$5,196,815
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,727,084$5,765,687
I-18 Total expensesPrior year $10,618,735$10,962,502
I-19 Revenue less expensesPrior year −$211,442$809,391
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $11,771,893 across 6 lines filed
Lines not itemized here account for $348,581 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,891,288 · Unrelated business $112,795$10,004,083
VIII-3 Investment incomeUnrelated business $6,319 · Excluded from tax $14,763$21,082
VIII-6 Net rental income or lossRelated to mission $293,862 · Unrelated business $66,118$359,980
VIII-7 Net gain or loss on sales of assetsExcluded from tax $766,227$766,227
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $271,940$271,940
VIII-12 Total revenueRelated to mission $10,533,731 · Unrelated business $457,172 · Excluded from tax $780,990$11,771,893
Part IX · Statement of functional expenses $10,962,502 across 13 lines filed
IX-5 Pay of current officers, directors and key staff$378,331
IX-7 Other salaries and wages$3,985,259
IX-8 Pension plan contributions$27,482
IX-9 Other employee benefits$408,917
IX-10 Payroll taxes$396,826
IX-11g Other fees for services$363,064
IX-13 Office expenses$206,578
IX-16 Occupancy$621,367
IX-20 Interest$58,201
IX-22 Depreciation, depletion and amortization$1,633,880
IX-23 Insurance$357,821
IX-24 Other expenses (24a–d)$2,001,364
IX-24e All other expenses$523,412
IX-25 Total functional expenses$10,962,502
Part X · Balance sheet $21,113,098 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $64,519$917,132
X-4 Accounts receivableStart of year $1,369,067$1,222,384
X-8 Inventories for sale or useStart of year $252,174$317,271
X-9 Prepaid expenses and deferred chargesStart of year $213,168$287,795
X-10c Land, buildings and equipment, netStart of year $18,928,991$18,143,998
X-15 Other assetsStart of year $372,581$224,518
X-16 Total assetsStart of year $21,200,500$21,113,098
X-17 Accounts payable and accrued expensesStart of year $550,455$593,004
X-19 Deferred revenueStart of year $9,150$0
X-25 Other liabilitiesStart of year $495,370$324,729
X-26 Total liabilitiesStart of year $3,711,734$2,814,941
X-27 Net assets without donor restrictionsStart of year $17,452,065$18,261,456
X-28 Net assets with donor restrictionsStart of year $36,701$36,701
X-32 Total net assets or fund balancesStart of year $17,488,766$18,298,157
X-33 Total liabilities and net assetsStart of year $21,200,500$21,113,098
Part XI · Reconciliation of net assets $18,298,157 net assets at year end
XI-1 Total revenue$11,771,893
XI-2 Total expenses$10,962,502
XI-3 Revenue less expenses$809,391
XI-4 Net assets at start of year$17,488,766
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$18,298,157

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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