Mission
THE CYPRESS OF CHARLOTTE, CHARLOTTE'S PREMIER CONTINUING CARE RETIREMENT COMMUNITY, IS COMMITTED TO ENHANCING THE LIVES OF OUR MEMBERS BY PROVIDING EXCEPTIONAL SERVICE AND PEACE OF MIND IN AN UPSCALE ENVIRONMENT.
Public Charity
The Cypress of Charlotte Club Inc
The Cypress of Charlotte Club Inc is a Public Charity headquartered in Charlotte, NC. Financial data from the 2024 filing: $26.0M revenue, $25.0M expenses, $7.6M total assets.
EIN: 562103741
Charlotte, NC
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2024
Total Revenue$26.0M
Total Expenses$25.0M
Total Assets$7.6M
Grant Records0
Filing Years2019–2024
Where $100 goes at The Cypress of Charlotte Club Inc
How The Cypress of Charlotte Club Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$83
Programs
the work itself
$17
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $83 for programs
$83
The Cypress of Charlotte Club provides services to elderly residents living in 310 privately owned residential units
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director
Dr Robert Higgins
Director of Food and Beverage
Evaristo Gustines
VP and Treasurer
James P Coleman
Director of HR
Jessica Haynes
Director of Home Care
Kelly Simon
President
Marc Puntereri
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $26.0M | $25.0M | $7.6M |
| 2023 | $23.4M | $23.3M | $7.6M |
| 2022 | $25.1M | $21.2M | $10.0M |
| 2020 | $19.0M | $19.0M | $4.8M |
| 2019 | $19.3M | $18.7M | $5.7M |
Between 2019 and 2024, reported annual revenue grew from $19.3M to $26.0M (+35%), with total assets most recently reported at $7.6M.
Interactive year-over-year charts and full filing details available with membership.