2014-11-11T08:33:05-06:00 2013-12-31 562344058 GOSPODAREK & DREHER CPA PA 4101 LAKE BOONE TRL STE 215 RALEIGH NC 27607 990 2013-01-01 202818389 THE CYPRESS OF RALEIGH CLUB INC CYPR 9195188936 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 MARK ANDREWS PRESIDENT 9195188936 2014-10-24 DOUG DREHER P00543597 9195109399 2014-11-11 2013 2015-11-30 17:44:51Z MARK ANDREWS 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 11992107 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. 6 6 330 0 0 9903011 10049048 7182 -30298 33209 9910193 10051959 0 0 5579590 6150501 0 0 3682526 3726800 9262116 9877301 648077 174658 3532638 3600691 1530022 896855 2002616 2703836 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 4020407 5434971 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. 1227293 1467321 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. 2508900 3146756 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. 7756600 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 39 0 330 true false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true false false X MELISSA HOGAN 9195188936 8801 CYPRESS LAKES DRIVE RALEIGH NC 27615 DOUGLAS VINSEL DIRECTOR 0.25 X 0 0 0 JOE STEVEN CLINE DIRECTOR 0.25 X 0 0 0 JOHN R MITTERLING DIRECTOR 0.25 X 0 0 0 JONATHAN COOK SECRETARY/TR 40.00 X 77000 0 0 MARK ANDREWS PRESIDENT 15.00 X 0 0 0 MICHAEL SANDMAN VICE PRESIDE 4.00 X 0 0 0 77000 false false false CYPRESS OF RALEIGH LLC 7201 CREEDMOOR RD RALEIGH NC 27613 MANAGEMENT SERV 1158889 LIFE CARE SERVICES LLC CAPITAL SQUARE DESMOINES IA 503092334 MANAGEMENT COMP 1016098 HERITAGE HEALTHCARE 536 OLD HOWELL RD GREENVILLE SC 29615 THERAPY SERVICE 195596 3 MEMBER FEES 623000 5434971 5434971 HEALTH CENTER 623000 3146756 3146756 HOME HEALTH 623000 1467321 1467321 10049048 4240 4240 1905610 1940148 -34538 -34538 -34538 MISCELLANEOUS INCOME 41990 41990 OTHER INCOME 232 232 WORKING CAPITAL -9013 -9013 33209 10051959 10051959 5075268 4756476 318792 26535 23451 3084 557167 498706 58461 491531 447680 43851 1334613 1334613 8217 8217 27183 27183 83924 73366 10558 3881 3881 25884 15504 10380 29960 29960 41490 41490 FOOD EXPENSES 861441 861441 SUPPLIES 218310 200225 18085 OTHER MEDICAL EXPENSES 200019 200019 MEDICAL SUPPLIES 118703 118703 773175 527188 245987 9877301 7756600 2120701 0 687000 571510 410085 474103 62251 56501 103479 116152 394739 104395 155256 290344 2049191 2028347 65376 63734 3532638 3600691 603270 170989 11810 4347 914942 721519 1530022 896855 X 112616 768836 1890000 1935000 2002616 2703836 3532638 3600691 174658 -31091 557653 X false true X true false 24670 11685 12985 370069 92710 277359 290344 ACCRUED PAID TIME OFF (PTO) 215229 ACCRUED - OTHER 189976 ACCRUED PAYROLL 121257 ACCRUED INTEREST - OTHER 108646 FICA - WITHHELD 23973 SUTA -NORTH CAROLINA 14948 FEDERAL W/H 14523 FUTA 13518 ACCRUED INTEREST - BONDS 8055 STATE W/H - NORTH CAROLINA 6622 401K/403B CONTRIBUTION - PLAN 1 4301 GARNISHMENT - CHILD SUPPORT 428 LIFE INSURANCE W/H 286 GARNISHMENT - CREDITOR 174 401K/403B LOAN 90 DUE TO HOMEOWNERS DUE TO AFFILIATE REFUNDS DUE PRIOR HOMEOWNERS GARNISHMENT - IRS -150 ACCRUED INTEREST - OTHER -357 721519 10065868 -31091 45000 13909 10051959 10051959 9877301 9877301 9877301 SCHEDULE D, PAGE 4, PART XI, LINE 2D RESERVE DEPOSITS 45,000 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 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 RESERVE DEPOSITS 45,000 FORM 990, PART XI, LINE 9 ALLOCATION OF EQUITY FROM ASSOCIATION 1,481,652 ASSETS TRANSFERRED TO ASSOCIATION 963,797 TAX ADJUSTMENT TO GAIN/LOSS 4,970 MISCELLANEOUS 232