Skip to content
ProPublica Donate
ProPublica Donate

Wood Valley Swim & Racquet Club Inc

  • Raleigh, NC
  • Tax-exempt since Dec. 1982
  • EIN: 56-1271031

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$309k (2024)

Expenses
$386k (2024)

Total Assets
$545k (2024)

Total Liabilities
$183k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$308,959
Expenses
$386,386
Net Income
-$77,427
Net Assets
$361,325
Notable Sources of Revenue Percent of Total Revenue
Contributions $239,603
77.6%
Program Services $60,855
19.7%
Investment Income $37
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $8,464
2.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $544,555
Total Liabilities $183,230
Net Assets $361,325
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $26,454
Compensation
Key Employees and Officers Compensation Related Other
Mike Bertics (President) $0 $0 $0
James Newton (Vice President) $0 $0 $0
K Read Gentry (Treasurer) $0 $0 $0
Megan Delong (Secretary) $0 $0 $0
Kristie Deak (Youth Sports Director) $0 $0 $0
Rob Caiola (Facilities Director) $0 $0 $0
Craig Wooster (Facilities Director) $0 $0 $0
Lauren Mielke (Social Director) $0 $0 $0
Matt Kinlaw (Sponsorships Director) $0 $0 $0
Christine Carr (Membership Director) $0 $0 $0
Rosemarie Wilson (Membership Director) $0 $0 $0
David Evans (Rentals Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$309,745
Expenses
$294,663
Net Income
$15,082
Net Assets
$439,251
Notable Sources of Revenue Percent of Total Revenue
Contributions $221,969
71.7%
Program Services $72,196
23.3%
Investment Income $45
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $6,420
2.1%
Sales of Assets $0
Net Inventory Sales $9,115
2.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $647,569
Total Liabilities $208,318
Net Assets $439,251
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $29,545
Compensation
Key Employees and Officers Compensation Related Other
Michael Bertics (President) $0 $0 $0
Tracy Brunk (Vice Preside) $0 $0 $0
Carol Gillespie (Pres. (Thru) $0 $0 $0
Terry Hurley (Director) $0 $0 $0
Kristen Klecha (Director) $0 $0 $0
Lauren Mielke (Secretary) $0 $0 $0
Heidi Roeser (Director) $0 $0 $0
Alison Sculley (Treasurer) $0 $0 $0
Craig Wooster (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$315,842
Expenses
$272,760
Net Income
$43,082
Net Assets
$420,440
Notable Sources of Revenue Percent of Total Revenue
Contributions $247,210
78.3%
Program Services $56,597
17.9%
Investment Income $24
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $4,625
1.5%
Sales of Assets $0
Net Inventory Sales $7,386
2.3%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $648,075
Total Liabilities $227,635
Net Assets $420,440
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $25,585
Compensation
Key Employees and Officers Compensation Related Other
Michael Bertics (Director) $0 $0 $0
Tracy Brunk (Director) $0 $0 $0
Carol Gillespie (President) $0 $0 $0
Terry Hurley (Director) $0 $0 $0
Kristen Klecha (Director) $0 $0 $0
Jill Mcelya (Vice Preside) $0 $0 $0
Lauren Mielke (Secretary) $0 $0 $0
Joe Pasquale (Treasurer) $0 $0 $0
Heidi Roeser (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 19, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$286,148
Expenses
$232,042
Net Income
$54,106
Net Assets
$368,458
Notable Sources of Revenue Percent of Total Revenue
Contributions $171,565
60.0%
Program Services $88,208
30.8%
Investment Income $27
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $3,301
1.2%
Other Revenue $23,047
8.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $610,815
Total Liabilities $242,357
Net Assets $368,458
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $58,305
Compensation
Key Employees and Officers Compensation Related Other
Tracy Brunk (Director) $0 $0 $0
Kevin Cresimore (Treasurer) $0 $0 $0
Carol Gillespie (Director) $0 $0 $0
Kristen Klecha (Director) $0 $0 $0
Jill Mcelya (Vice Preside) $0 $0 $0
Lauren Mielke (Secretary) $0 $0 $0
Joe Pasquale (President) $0 $0 $0
Heidi Roeser (Director) $0 $0 $0
Kevin Scott (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$139,681
Expenses
$169,949
Net Income
-$30,268
Net Assets
$299,987
Notable Sources of Revenue Percent of Total Revenue
Contributions $114,985
82.3%
Program Services $24,623
17.6%
Investment Income $73
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $565,007
Total Liabilities $265,020
Net Assets $299,987
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $14,482
Compensation
Key Employees and Officers Compensation Related Other
Tracy Brunk (Vice Preside) $0 $0 $0
Heather Clark (Director) $0 $0 $0
Carol Gillespie (Director) $0 $0 $0
Brian Lusk (President) $0 $0 $0
Jill Mcelya (Director) $0 $0 $0
Lauren Mielke (Secretary) $0 $0 $0
Joe Pasquale (Director) $0 $0 $0
Kevin Scott (Director) $0 $0 $0
Rich Wessell (Treasurer) $0 $0 $0
Jean Yardley (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 24, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$205,779
Expenses
$221,160
Net Income
-$15,381
Net Assets
$323,735
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $205,621
99.9%
Investment Income $158
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $20,694
9.4%
Assets/Debt
Total Assets $596,932
Total Liabilities $273,197
Net Assets $323,735
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $3,596
Compensation
Key Employees and Officers Compensation Related Other
Brian Lusk (President/Se) $0 $0 $0
Lawrence Sarmiere (Vice Preside) $0 $0 $0
Rich Wessell (Treasurer) $0 $0 $0
Tracy Brunk (Director) $0 $0 $0
Heather Clark (Director) $0 $0 $0
Carol Gillespie (Director) $0 $0 $0
Jean Yardley (Director) $0 $0 $0
Judy Gallagher (Director) $0 $0 $0
Kevin Scott (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 26, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$231,912
Expenses
$222,302
Net Income
$9,610
Net Assets
$328,636
Notable Sources of Revenue Percent of Total Revenue
Contributions $26
0.0%
Program Services $208,257
89.8%
Investment Income $118
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,511
10.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $20,370
9.2%
Assets/Debt
Total Assets $616,032
Total Liabilities $287,396
Net Assets $328,636
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $9,670
Compensation
Key Employees and Officers Compensation Related Other
Brian Lusk (President) $0 $0 $0
Lawrence Sarmiere (Vice Preside) $0 $0 $0
Tracy Brunk (Secretary) $0 $0 $0
Rich Wessell (Treasurer) $0 $0 $0
Heather Clark (Director) $0 $0 $0
Carol Gillespie (Director) $0 $0 $0
Jean Yardley (Director) $0 $0 $0
Judy Gallagher (Director) $0 $0 $0
Kevin Scott (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 19, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$226,519
Expenses
$221,798
Net Income
$4,721
Net Assets
$307,086
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $226,450
100.0%
Investment Income $69
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $20,360
9.2%
Assets/Debt
Total Assets $608,083
Total Liabilities $300,997
Net Assets $307,086
Club or Co-Op Income
Initiation Fees & Contributions $10,125
Income From Public Use of Club Facilities $10,555
Compensation
Key Employees and Officers Compensation Related Other
Brian Lusk (President) $0 $0 $0
Lawrence Sarmiere (Vice Preside) $0 $0 $0
Paul Wilson (Secretary) $0 $0 $0
Rich Wessell (Treasurer) $0 $0 $0
William Keever (Director) $0 $0 $0
Carol Gillespie (Director) $0 $0 $0
Pat Gagan (Director) $0 $0 $0
Rob Miller (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 9, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$211,114
Expenses
$228,126
Net Income
-$17,012
Net Assets
$292,240
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,204
1.0%
Program Services $203,214
96.3%
Investment Income $52
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,644
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $21,092
9.2%
Assets/Debt
Total Assets $605,821
Total Liabilities $313,581
Net Assets $292,240
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $4,100

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$300,960
Expenses
$215,969
Net Income
$84,991
Net Assets
$301,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,776
1.9%
Program Services $295,006
98.0%
Investment Income $88
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $90
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $18,064
8.4%
Assets/Debt
Total Assets $629,609
Total Liabilities $327,952
Net Assets $301,657
Club or Co-Op Income
Initiation Fees & Contributions $5,260
Income From Public Use of Club Facilities $2,200

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$207,124
Expenses
$218,169
Net Income
-$11,045
Net Assets
$211,241
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $206,632
99.8%
Investment Income $657
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$165
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $17,673
8.1%
Assets/Debt
Total Assets $552,104
Total Liabilities $340,863
Net Assets $211,241
Club or Co-Op Income
Initiation Fees & Contributions $5,325
Income From Public Use of Club Facilities $60

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$222,029
Expenses
$227,269
Net Income
-$5,240
Net Assets
$216,961
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $221,914
99.9%
Investment Income $115
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $17,156
7.5%
Assets/Debt
Total Assets $570,033
Total Liabilities $353,072
Net Assets $216,961
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $204

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$201,947
Expenses
$242,280
Net Income
-$40,333
Net Assets
$187,189
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $201,799
99.9%
Investment Income $148
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $15,609
6.4%
Assets/Debt
Total Assets $552,206
Total Liabilities $365,017
Net Assets $187,189
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$209,672
Expenses
$233,956
Net Income
-$24,284
Net Assets
$218,622
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $209,434
99.9%
Investment Income $238
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $16,540
7.1%
Assets/Debt
Total Assets $528,203
Total Liabilities $309,581
Net Assets $218,622
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $1,105

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us

About Nonprofit Explorer

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated