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The Cypress Of Raleigh Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202818389 ✦ Raleigh, NC ✦ Designated as a 501(c)(4)

Overview

What is The Cypress Of Raleigh Club Inc?

The Cypress of Raleigh Club Inc, located in Raleigh, North Carolina, is a continuing care retirement community that offers both independent living units and a nursing facility, totaling 319 and 61 beds, respectively. As part of the monthly payment for independent living members, various services are included, such as access to club activities, an urgent call system, food allowance, use of a private dining room, weekly flat laundry and housekeeping, scheduled maintenance, grounds care, certain utilities, transportation, campus security, mail delivery, absence credit, member committees, monthly billing service, and uncovered surface parking. However, additional services like beauty and barbershop, covered and garage parking, and on-site home care agency are not included in the monthly payment. The Cypress of Raleigh Club manages the commonly owned property, including the clubhouse and health center, and oversees the provision of services at these facilities.


Official website here: www.thecypressofraleigh.com

Is The Cypress Of Raleigh Club Inc legitimate?

The Cypress Of Raleigh Club Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Cypress Of Raleigh Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,393,287

For more financial information, click here


Official website here: www.thecypressofraleigh.com

What is the mission statement of The Cypress Of Raleigh Club Inc?

The Cypress of Raleigh Club Inc serves as the management entity for a continuing care retirement community, overseeing the contractual agreements with its members. This club manages the commonly owned property, including the clubhouse and health center, as well as the services provided at these facilities. With 319 independent living units and a 61-bed nursing facility, members enjoy various amenities such as club activities, an urgent call system, food service allowance, private dining, weekly laundry, housekeeping, maintenance, and transportation, among others. Additional services like beauty and barbershop, covered parking, and home care agency are available at an extra cost. The mission of The Cypress of Raleigh Club Inc is to effectively manage the continuing care retirement community, ensuring the best possible living experience for its members.


Official website here: www.thecypressofraleigh.com

Who is the CEO of The Cypress Of Raleigh Club Inc?

Mark Andrews is the Director Of of The Cypress Of Raleigh Club Inc.


Official website here: www.thecypressofraleigh.com

What is the revenue of The Cypress Of Raleigh Club Inc?

The Cypress Of Raleigh Club Inc's revenue in 2022 was $19,452,580.


Official website here: www.thecypressofraleigh.com

Who are the executives of The Cypress Of Raleigh Club Inc and what are their salaries?

The average compensation at The Cypress Of Raleigh Club Inc during 2022 was $20,064. There are 518 employees at The Cypress Of Raleigh Club Inc.

Here are 13 key members and their salaries:

    Lesley Olsen (Director Of)
  • Compensation: $139,321
  • Related: $0
  • Other: $12,714

    • Jerry Hurt (Dir Of Facil)
  • Compensation: $129,856
  • Related: $0
  • Other: $9,020

    • Pauline Sardo (Dir Of Finan)
  • Compensation: $120,808
  • Related: $0
  • Other: $12,316

    • Meredith Williams (Rn Case Work)
  • Compensation: $117,054
  • Related: $0
  • Other: $12,537

    • Katherine Ward (Dir Of Navig)
  • Compensation: $107,320
  • Related: $0
  • Other: $18,546

    • Mark Andrews (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Steven Cline (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Gospodarek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Huggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John R Mitterling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Sandman (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Cuthriell (Sec/Treas Th)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Ford (Sec/Treas 12)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thecypressofraleigh.com

    Where can I find the form 990 for The Cypress Of Raleigh Club Inc?

    The The Cypress Of Raleigh Club Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thecypressofraleigh.com

    Learn more at the official website: www.thecypressofraleigh.com

    Mission Statement of The Cypress Of Raleigh Club Inc

    The Cypress of Raleigh Club, a renowned management entity, is dedicated to fulfilling the contractual agreements with its members in a continuing care retirement community. This organization plays a vital role in overseeing the common property of the Cypress, which encompasses the clubhouse and health center, as well as managing the services offered at these facilities.

    Established to serve as the backbone of the Cypress community, The Cypress of Raleigh Club ensures the smooth operation of various facilities and services. Its primary responsibility lies in managing the communally owned property, which includes the maintenance of the clubhouse and health center. Furthermore, the club is in charge of providing a range of services to its members residing in independent living units. These services include access to club activities, an urgent call system, monthly food service allowance, private dining room, weekly flat laundry, weekly housekeeping, scheduled maintenance, grounds care and gardening, certain utilities, scheduled transportation, campus security, mail delivery, absence credit, member committees, and monthly billing service.

    Additionally, The Cypress of Raleigh Club offers additional services beyond the monthly payment to its members. These extra services include access to a beauty and barbershop, covered and garage parking, and an on-site home care agency. By offering a comprehensive range of services, The Cypress of Raleigh Club strives to create a vibrant and engaging living experience for its members, allowing them to enjoy their retirement years to the fullest.

    Impact

    This information is meant to be a general summary of The Cypress Of Raleigh Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Cypress Of Raleigh Club Inc manages a continuing care retirement community that provides a wide range of services and amenities to its members. This includes independent living units, a nursing facility, club activities, urgent call system, food service allowance, dining options, laundry, housekeeping, maintenance, grounds care, transportation, security, mail delivery, billing services, and more. Additional services like beauty and barbershop, parking, and home care agency are also available. The impact of The Cypress Of Raleigh Club Inc is evident in the comprehensive support and care it offers to its members, allowing them to enjoy a fulfilling and comfortable retirement lifestyle.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $634,827
  • Program Service Revenue: $18,600,696
  • Gross Receipts: $28,630,412

    • Assets and Liabilities:
  • Total Assets: $5,770,297
  • Total Liabilities: $2,550,244
  • Net Assets: $3,220,053
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBER FEES

    Revenue

    $11,154,706

    HEALTH CENTER

    Revenue

    $5,222,875

    HOME HEALTH

    Revenue

    $2,223,115

    Organization Details

    Founding Year

    2005

    Principal Officer

    Mark Andrews

    Main Address

    8801 CYPRESS LAKES DRIVE, RALEIGH, NC, 27615

    NTEE Category

    Code: N99 - Recreation

    If you are a representative of The Cypress Of Raleigh Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.