nonprofit logo

The Cypress Of Charlotte Club Inc

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

EIN: 562103741 ✦ Charlotte, NC ✦ Designated as a 501(c)(4)

Overview

What is The Cypress Of Charlotte Club Inc?

The Cypress of Charlotte Club Inc, a North Carolina-based nonprofit corporation, is dedicated to providing housing and healthcare services for elderly residents. With 554 employees, they operate a continuing care retirement community in Charlotte, ensuring that elderly members can maintain a comfortable living experience with peace of mind. The organization, founded as a not-for-profit mutual benefit corporation, focuses on both physical and mental well-being by offering assisted living and healthcare, guaranteeing financial security for its residents, and keeping operational costs low. Their mission is to enhance the lives of their members by delivering exceptional services in an upscale environment.


Official website here: www.thecypressofcharlotte.com

Is The Cypress Of Charlotte Club Inc legitimate?

The Cypress Of Charlotte Club Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Cypress Of Charlotte 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: $10,193,676

For more financial information, click here


Official website here: www.thecypressofcharlotte.com

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

The Cypress of Charlotte Club Inc is a not-for-profit corporation dedicated to providing housing and healthcare services for elderly residents. Established under the laws of North Carolina, the organization operates as a mutual benefit corporation, committed to maintaining affordable housing and ensuring financial security for its residents. The mission of The Cypress of Charlotte Club is to enhance the lives of its members by delivering exceptional services in an upscale environment, focusing on their physical and mental well-being. Residents of the community's 310 privately-owned residential units receive assisted living services, including healthcare, to ensure their overall wellness. The organization strives to provide peace of mind and operate the facility at its lowest feasible and acceptable cost.


Official website here: www.thecypressofcharlotte.com

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

Marc Puntereri is the President of The Cypress Of Charlotte Club Inc.


Official website here: www.thecypressofcharlotte.com

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

The Cypress Of Charlotte Club Inc's revenue in 2022 was $25,107,943.


Official website here: www.thecypressofcharlotte.com

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

The average compensation at The Cypress Of Charlotte Club Inc during 2022 was $18,400. There are 554 employees and 10 volunteers at The Cypress Of Charlotte Club Inc.

Here are 12 key members and their salaries:

    Zaneida Chambliss (Director Of Nursing)
  • Compensation: $146,792
  • Related: $0
  • Other: $14,142

    • Jessica Haynes (Director Of Human Resources)
  • Compensation: $130,375
  • Related: $0
  • Other: $20,371

    • Kelly Simon (Director Of Home Care)
  • Compensation: $120,893
  • Related: $0
  • Other: $22,223

    • Ann Heintel (Director Of Finance)
  • Compensation: $126,005
  • Related: $0
  • Other: $12,963

    • Harry Kaiser (Director Of Facility Services)
  • Compensation: $116,817
  • Related: $0
  • Other: $14,142

    • Gustines Evaristo (Director Of Food And Beverage)
  • Compensation: $109,697
  • Related: $0
  • Other: $14,438

    • Marc Puntereri (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James P Coleman (Vice President & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael J Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Robert Higgins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Fish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marty Jensen (Exec Dir/Treasurer/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thecypressofcharlotte.com

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

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


    Official website here: www.thecypressofcharlotte.com

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

    Mission Statement of The Cypress Of Charlotte Club Inc

    The Cypress of Charlotte Club, a distinguished not-for-profit organization, exists solely to cater to the needs of the elderly community. Established under the laws of North Carolina, this mutual benefit corporation is dedicated to providing housing and healthcare services for its residents, ensuring their physical and mental well-being. The organization takes pride in offering a level of financial security that allows residents to remain in the community even if they exhaust their funds.

    At its core, The Cypress of Charlotte Club is focused on enhancing the lives of its members through exceptional service. This upscale retirement community is committed to delivering peace of mind in a sophisticated environment. Within the community, 310 privately owned residential units house elderly residents, who receive assisted living services tailored to their unique requirements. The organization's healthcare offerings encompass both physical and mental well-being, making it a preferred choice for the elderly seeking a nurturing and supportive environment.

    Impact

    This information is meant to be a general summary of The Cypress Of Charlotte 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 Charlotte Club Inc has had a significant impact on the lives of elderly residents in the Charlotte area. By providing housing for seniors in a supportive and caring environment, the organization ensures that residents receive the necessary healthcare for both their physical and mental well-being. Additionally, the Cypress of Charlotte Club offers financial security policies that allow residents to remain in the community even if they run out of funds.

    Overall, the Cypress of Charlotte Club Inc plays a crucial role in enhancing the quality of life for elderly residents by providing them with a continuum of care and a sense of community in a comfortable and upscale setting.





    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: $5,009
  • Program Service Revenue: $20,635,027
  • Gross Receipts: $25,107,943

    • Assets and Liabilities:
  • Total Assets: $9,961,254
  • Total Liabilities: $13,962,814
  • Net Assets: -$4,001,560
  • Programs

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

    MEMBER FEES

    Revenue

    $11,891,872

    HEALTH CENTER SERVICES

    Revenue

    $5,097,070

    HOME HEALTH SERVICES

    Revenue

    $3,646,085

    Organization Details

    Founding Year

    1998

    Principal Officer

    Marc Puntereri

    Main Address

    3442 CYPRESS CLUB DR, CHARLOTTE, NC, 28210

    NTEE Category

    Code: L22 - Housing

    If you are a representative of The Cypress Of Charlotte 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.