2021-05-13T14:47:01-05:00 2020-12-31 562344058 DREHER MARTIN CPAS PA 4101 LAKE BOONE TRL STE 118 RALEIGH NC 27607 990 2020-01-01 202818389 THE CYPRESS OF RALEIGH CLUB INC CYPR 9195188936 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 MARK ANDREWS PRESIDENT 9195188936 2021-05-13 true MARK ANDREWS XXX-XX-XXXX DOUG DREHER P00543597 9195109399 2021-05-13 2020 2022-09-23 18:48:47Z MARK ANDREWS 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 37402047 false X WWW.THECYPRESSOFRALEIGH.COM X 2005 NC THE CYPRESS OF RALEIGH CLUB WAS FORMED TO SERVE AS THE MANAGEMENT ENTITY WHICH CARRIES OUT THE CONTRACTUAL AGREEMENT WITH MEMBERS OF THE CONTINUING CARE RETIREMENT COMMUNITY. THE CLUB MANAGES THE COMMONLY OWNED PROPERTY OF THE CYPRESS, INCLUDING THE CLUBHOUSE AND HEALTH CENTER, AS WELL AS THE SERVICES PROVIDED AT THE CLUBHOUSE AND HEALTH CENTER. 5 5 445 0 0 14051281 14908099 484428 483417 150000 1892028 14685709 17283544 0 0 9014823 9442061 0 0 5276310 5923811 14291133 15365872 394576 1917672 16232609 10138671 1880353 2285089 14352256 7853582 X THE CYPRESS OF RALEIGH CLUB WAS FORMED TO SERVE AS THE MANAGEMENT ENTITY WHICH CARRIES OUT THE CONTRACTUAL AGREEMENT WITH MEMBERS OF THE CONTINUING CARE RETIREMENT COMMUNITY. THE CLUB MANAGES THE COMMONLY OWNED PROPERTY OF THE CYPRESS, INCLUDING THE CLUBHOUSE AND HEALTH CENTER, AS WELL AS THE SERVICES PROVIDED AT THE CLUBHOUSE AND HEALTH CENTER. false false 6141674 8956679 THE CYPRESS OF RALEIGH CLUB IS A CONTINUING CARE RETIREMENT COMMUNITY THAT INCLUDES 319 INDEPENDENT LIVING UNITS AND A 61 BED NURSING FACILITY. SERVICES AVAILABLE TO THOSE MEMBERS IN INDEPENDENT LIVING AS A PART OF THE MONTHLY PAYMENT INCLUDE CLUB ACTIVITIES, URGENT CALL SYSTEM, MONTHLY FOOD SERVICE ALLOWANCE, PRIVATE DINING ROOM, WEEKLY FLAT LAUNDRY, WEEKLY HOUSEKEEPING, SCHEDULED MAINTENANCE OF COTTAGE OR VILLA AND COMMON AREA, GROUNDS CARE AND GARDENING, CERTAIN UTILITIES, SCHEDULED TRANSPORTATION, CAMPUS SECURITY, MAIL DELIVERY, ABSENCE CREDIT, THE ROSEWOOD HEALTH CENTER, MEMBER COMMITTEES, MONTHLY BILLING SERVICE, UNCOVERED SURFACE PARKING FOR MEMBERS AND GUESTS. ADDITIONAL SERVICES NOT INCLUDED IN MONTHLY PAYMENT ARE BEAUTY AND BARBERSHOP, COVERED PARKING AND GARAGE PARKING AND ON SITE HOME CARE AGENCY. 2303218 2291518 THE HOME CARE AGENCY PROVIDES PERSONAL SERVICES TO MEMBERS TO CONTINUE LIVING IN THEIR COTTAGE OR VILLAS. THESE SERVICES ARE PROVIDED BY NURSING STAFF AND OTHER STAFF MEMBERS. SERVICES SUCH AS BATHING, DRESSING, SHOPPING, PERSONAL LAUNDRY, ADDITIONAL HOUSEKEEPING, IN HOME CARE AND SPECIAL TRANSPORTATION WILL BE AVAILABLE TO THE MEMBERS ON A FEE FOR SERVICE BASIS. 3408260 3659902 THE CYPRESS OF RALEIGH CLUB INCLUDES THE ROSEWOOD HEALTH CENTER WHICH IS A COMBINATION FACILITY OF 57 SKILLED NURSING BEDS AND 4 ADULT CARE HOME BEDS. THE ROSEWOOD HAS PRIVATE AND SEMIPRIVATE ROOMS, A PHYSICAL THERAPY ROOM, AN ARTS AND CRAFTS THERAPY AREA, A DINING ROOM AND LOUNGES. FOR MEMBERS WHO ARE ABLE TO DO SO THE ROSEWOOD EMPHASIZES RESTORATIVE CARE AND WELLNESS FOR PURPOSES OF RETURNING THESE MEMBERS TO THEIR COTTAGES OR VILLAS. 11853152 false false false false false false false false false true false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false true 178 0 445 true false false false false false false false false X 5 5 false true false false false false false true true false false true true true true true true true false false X SHANE GABIS 9195188936 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 MARK ANDREWS PRESIDENT 15.00 X X 0 0 0 MICHAEL SANDMAN VICE PRESIDE 4.00 X X 0 0 0 JOE STEVEN CLINE DIRECTOR 0.25 X 0 0 0 JOHN R MITTERLING DIRECTOR 0.25 X 0 0 0 DAVE GOSPODAREK DIRECTOR 0.25 X 0 0 0 DAN CUTHRIELL SECRETARY/TR 40.00 X 54319 0 0 SARAH FRELICH DIR OF RESID 40.00 X 130596 0 456 JERRY HURT DIR OF FACIL 40.00 X 123156 0 6061 LESLEY OLSEN DIRECTOR OF 40.00 X 127455 0 7669 BRIAN STRAUSBAUGH DIR OF FOOD- 40.00 X 106721 0 7416 542247 21602 4 false false false LECHASE CONSTRUCTION SERVICES 324 BLACKWELL ST STE 130 DURHAM NC 27701 CONSTRUCTION 5508776 CYPRESS OF RALEIGH LLC 7201 CREEDMOOR RD RALEIGH NC 27613 MANAGEMENT SERV 1726492 LIFE CARE SERVICES LLC 400 LOCUST STREET STE 820 DES MOINES IA 503092334 MANAGEMENT COMP 1327338 THW DESIGN 2100 RIVEREDGE PKWY NW ATLANTA GA 30328 CONSULTING 1232290 DAVIS LANDSCAPE LTD 60 RUPERT RD RALEIGH NC 27603 LANDSCAPING 482249 10 MEMBER FEES 623000 8956679 8956679 HEALTH CENTER 623000 3659902 3659902 HOME HEALTH 623000 2291518 2291518 14908099 237557 237557 20353803 10560 20108969 9534 244834 1026 245860 245860 DEVELOPER CONTRIBUTION 623000 1376000 1376000 MISCELLANEOUS 623000 516028 516028 1892028 17283544 17045987 237557 54319 54319 7504542 7025544 478998 43330 39040 4290 1266821 1151659 115162 573049 532624 40425 1887121 1887121 54596 54596 28503 28503 37812 37812 271166 202306 68860 2416 2416 5324 1234 4090 8116 8116 232262 232262 64306 64306 FOOD EXPENSES 1110862 1110538 324 SUPPLIES 573187 287996 285191 OTHER MEDICAL EXPENSES 473738 473738 REPAIRS & MAINTENACE 241185 236841 4344 933217 559370 373847 15365872 11853152 3512720 0 1297648 1162109 608313 701051 119213 121890 159024 196336 2255371 773171 3242705 1482200 13326914 9876320 -2521208 -3401235 16232609 10138671 806782 604639 122121 67469 951450 1612981 1880353 2285089 X 5023940 3341644 9328316 4511938 14352256 7853582 16232609 10138671 X 1917672 679234 -9095580 X false true X true false 125780 62808 62972 1857947 556208 1301739 271644 154155 117489 1482200 ACCRUED - OTHER 892319 ACCRUED PAID TIME OFF (PTO) 439637 ACCRUED PAYROLL 99264 FICA - WITHHELD 74717 ACCRUED INTEREST - OTHER 55667 FEDERAL W/H 37617 STATE W/H - NORTH CAROLINA 15885 EMPLOYEE ACTIVITY FUND 14111 401K/403B CONTRIBUTION - PLAN 1 12429 401K/403B LOAN 1583 FUTA 1546 LIFE INSURANCE W/H 1062 SUTA -NORTH CAROLINA 605 GARNISHMENT - CHILD SUPPORT 107 GARNISHMENT - CREDITOR 58 CRITICAL INSURANCE -8 ACCIDENT INSURANCE -26 ACCRUED INTEREST - BONDS -33592 1612981 17923940 679234 679234 17244706 37812 1026 38838 17283544 15327034 -1026 -1026 15328060 37812 37812 15365872 SCHEDULE D, PAGE 4, PART XI, LINE 4B GAIN/LOSS ON SALE OF ASSETS 1,026 SCHEDULE D, PAGE 4, PART XII, LINE 2D GAIN/LOSS ON SALE OF ASSETS -1,026 FORM 990 - ORGANIZATION'S MISSION THE CYPRESS OF RALEIGH CLUB WAS FORMED TO SERVE AS THE MANAGEMENT ENTITY WHICH CARRIES OUT THE CONTRACTUAL AGREEMENT WITH MEMBERS OF THE CONTINUING CARE RETIREMENT COMMUNITY. THE CLUB MANAGES THE COMMONLY OWNED PROPERTY OF THE CYPRESS, INCLUDING THE CLUBHOUSE AND HEALTH CENTER, AS WELL AS THE SERVICES PROVIDED AT THE CLUBHOUSE AND HEALTH CENTER. FORM 990, PAGE 2, PART III, LINE 4A THE CYPRESS OF RALEIGH CLUB IS A CONTINUING CARE RETIREMENT COMMUNITY THAT INCLUDES 319 INDEPENDENT LIVING UNITS AND A 61 BED NURSING FACILITY. SERVICES AVAILABLE TO THOSE MEMBERS IN INDEPENDENT LIVING AS A PART OF THE MONTHLY PAYMENT INCLUDE CLUB ACTIVITIES, URGENT CALL SYSTEM, MONTHLY FOOD SERVICE ALLOWANCE, PRIVATE DINING ROOM, WEEKLY FLAT LAUNDRY, WEEKLY HOUSEKEEPING, SCHEDULED MAINTENANCE OF COTTAGE OR VILLA AND COMMON AREA, GROUNDS CARE AND GARDENING, CERTAIN UTILITIES, SCHEDULED TRANSPORTATION, CAMPUS SECURITY, MAIL DELIVERY, ABSENCE CREDIT, THE ROSEWOOD HEALTH CENTER, MEMBER COMMITTEES, MONTHLY BILLING SERVICE, UNCOVERED SURFACE PARKING FOR MEMBERS AND GUESTS. ADDITIONAL SERVICES NOT INCLUDED IN MONTHLY PAYMENT ARE BEAUTY AND BARBERSHOP, COVERED PARKING AND GARAGE PARKING AND ON SITE HOME CARE AGENCY. FORM 990, PAGE 6, PART VI, LINE 3 MANAGEMENT SERVICES ARE PROVIDED BY LIFE CARE SERVICES (LCS). FORM 990, PAGE 6, PART VI, LINE 11B THE SECRETARY/TREASURER WILL REVIEW THE COMPLETED 990 WITH THE OFFICER OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 12C MANAGEMENT MONITORS TRANSACTIONS AND ACTIVITIES CLOSELY. THE MANAGEMENT COMPANY PROVIDES OVERSIGHT IN DAILY ACTIVITES AND TRANSACTIONS. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET AND PAID BY THE MANAGEMENT COMPANY. A COMPARISON IS DONE TO OTHER EXECUTIVE DIRECTORS- AND ADMINISTRATORS' COMPENSATION AND A THIRD PARTY COMPANY HELPS DETERMINE ANY ADDITIONAL COST OF LIVING ADJUSTMENTS BASED ON GEOGRAPHIC LOCATION. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS WILL BE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 TRANSFERS TO OWNERS ASSOCIATION 172,717 ASSETS TRANSFERRED TO HOA -10,087,297 RESERVE DEPOSITS 819,000 TOTAL -9,095,580 THE CYPRESS OF RALEIGH OWNERS' ASSOCIATION INC 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 203309220 HOA NC N/A false false false false false false false false false false false false true true true true false false true true