2018-08-08T14:30:26-04:00 2017-12-31 562344058 DREHER MARTIN CPAS PA 4101 LAKE BOONE TRL STE 215 RALEIGH NC 27607 990 2017-01-01 202818389 THE CYPRESS OF RALEIGH CLUB INC CYPR 9195188936 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 MARK ANDREWS PRESIDENT 9195188936 2018-08-06 true DOUG DREHER P00543597 9195109399 2018-08-08 2017 2022-09-23 18:48:47Z MARK ANDREWS 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 16439619 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 5 358 0 0 10496853 10952656 -260631 521573 0 10236222 11474229 0 0 6579200 6949658 0 0 3882813 4194549 10462013 11144207 -225791 330022 9093281 9489020 1287834 1412385 7805447 8076635 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 4456663 6023176 THE CYPRESS OF RALEIGH CLUB IS A CONTINUING CARE RETIREMENT COMMUNITY THAT INCLUDES 205 INDEPENDENT LIVING UNITS AND A 40 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. 1419277 1413419 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. 3017975 3516061 THE CYPRESS OF RALEIGH CLUB INCLUDES THE ROSEWOOD HEALTH CENTER WHICH IS A COMBINATION FACILITY OF 36 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. 8893915 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 false false false true 58 0 358 true 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 X 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 SHANE GABIS SECRETARY/TR 40.00 X 0 0 0 LESLEY OLSEN DIRECTOR OF 40.00 X 103483 0 6715 103483 6715 1 false false false CYPRESS OF RALEIGH LLC 7201 CREEDMOOR RD RALEIGH NC 27613 MANAGEMENT SERV 1261745 LIFE CARE SERVICES LLC 400 LOCUST STREET STE 820 DES MOINES IA 503092334 MANAGEMENT COMP 947668 HERITAGE HEALTHCARE 536 OLD HOWELL RD GREENVILLE SC 29615 THERAPY SERVICE 309534 MCKENNA CONSTRUCTION 2000 BEAR CAT WAY STE 106 MORRISVILLE NC 27560 CONSTRUCTION 240594 GREEN VEIW PARTNERS 5909 TRIANGLE DR RALEIGH NC 27617 LANDSCAPE 215640 6 MEMBER FEES 623000 6023176 6023176 HEALTH CENTER 623000 3516061 3516061 HOME HEALTH 623000 1413419 1413419 10952656 134965 134965 5351998 4965390 386608 386608 386608 11474229 10952656 521573 5709784 5288750 421034 29456 29063 393 787397 713826 73571 423021 408228 14793 1416101 1416101 2746 2746 29044 29044 111931 105825 6106 1211 599 612 31011 27350 3661 99160 99160 122749 122749 49668 49668 FOOD EXPENSES 874290 874290 OTHER MEDICAL EXPENSES 436491 436491 SUPPLIES 200323 200323 UTILITIES 131735 131735 688089 554686 133403 11144207 8893915 2250292 0 371524 95896 489876 688583 80931 92229 163313 226137 1086490 404359 716431 682131 7618616 8812673 -347410 -1108629 9093281 9489020 403086 210964 106467 365227 778281 836194 1287834 1412385 X 5690447 5957635 2115000 2119000 7805447 8076635 9093281 9489020 330022 403384 -462218 X false true X true false 129380 26934 102446 776068 265816 510252 181042 111609 69433 682131 ACCRUED PAID TIME OFF (PTO) 297495 ACCRUED PAYROLL 258823 ACCRUED INTEREST - OTHER 99160 ACCRUED - OTHER 69998 ACCRUED INTEREST - OTHER 30897 FEDERAL W/H 27386 FICA - WITHHELD 19307 STATE W/H - NORTH CAROLINA 9321 EMPLOYEE ACTIVITY FUND 7679 401K/403B CONTRIBUTION - PLAN 1 5596 ACCRUED INTEREST - BONDS 4744 FUTA 2453 SUTA -NORTH CAROLINA 1876 LIFE INSURANCE W/H 1182 401K/403B LOAN 873 GARNISHMENT - CREDITOR 181 ACCRUED PAYROLL - CLEARING -777 836194 11877613 403384 403384 11474229 11474229 11144207 11144207 11144207 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 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 36,677 ASSETS TRANSFERRED TO HOA -502,895 RESERVE DEPOSITS 4,000 TOTAL -462,218