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 tax deductible.
Heare 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:
- Compensation: $139,321
- Related: $0
- Other: $12,714
- Compensation: $129,856
- Related: $0
- Other: $9,020
- Compensation: $120,808
- Related: $0
- Other: $12,316
- Compensation: $117,054
- Related: $0
- Other: $12,537
- Compensation: $107,320
- Related: $0
- Other: $18,546
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- 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 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.
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Impact
October, 2024
The Cypress Of Raleigh Club Inc plays a crucial role in enhancing the quality of life for its residents by managing essential services and facilities within the Continuing Care Retirement Community. By overseeing the clubhouse and health center, the club ensures that members have access to a range of activities, amenities, and healthcare services tailored to their needs.
This management entity fosters a vibrant community spirit through organized club activities, social gatherings, and recreational opportunities, contributing to residents' social engagement and overall well-being. The variety of services available—including weeklies for laundry and housekeeping, scheduled maintenance, and transportation—allows residents to focus on their lifestyle and personal interests, enhancing their independence.
Moreover, the club’s commitment to security and maintenance ensures a safe and well-kept environment, supporting peace of mind for both residents and their families. The Cypress Of Raleigh Club Inc effectively embodies a holistic approach to senior living, prioritizing not just care but also recreational opportunities that enrich the lives of its members.
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.
Financials
This financial information is from Propublica.
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
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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
Phone
(919) 518-8936Principal Officer
Mark Andrews
Main Address
8801 CYPRESS LAKES DRIVE, RALEIGH, NC, 27615
Website
www.thecypressofraleigh.comNTEE Category
Code: N99 - Recreation
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