Overview

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Est.

2005

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Cypress of Raleigh Club Inc, established with EIN 20-2818389, operates in North Carolina, focusing on community recreation, sports, and health services for members of a continuing care retirement community. With an operating budget of $23.7 million and total revenue of $24 million for the 2025 filing year, the organization manages commonly owned properties, including a clubhouse and health center, to enhance the quality of life for its members. The organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.thecypressofraleigh.com.

Mission Statement

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.
Revenues
$24M
Expenses
$23.7M
Net Income:
+$354.7K
Assets
$9.9M
Liabilities
$2.9M
Net Assets:
+$7M
Operating Budget
$23.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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T
Tom Ford
Board Member
M
Mark Andrews
Board Member
J
Jack Hogge
Board Member

Frequently Asked Questions

What is THE CYPRESS OF RALEIGH CLUB INC’s budget?
In 2025, THE CYPRESS OF RALEIGH CLUB INC reported an annual operating budget of around $23.7 million. More detailed financial information is available to registered users.
What causes does THE CYPRESS OF RALEIGH CLUB INC support?
THE CYPRESS OF RALEIGH CLUB INC supports work in Health, Sports and recreation, and Community recreation.
Where does THE CYPRESS OF RALEIGH CLUB INC operate?
THE CYPRESS OF RALEIGH CLUB INC is headquartered in Raleigh, NC.