Economic Value of a CCRC

Elevating Levels of Care, without Elevated Costs

Within CCRC’s, RiverWoods is considered a “type A” community, where residents can move between levels of care without a significant increase in fee (except a small charge for two additional meals), and without time limits in any level of care. This provides exceptional peace of mind for residents, as their future health care costs are predictable.  

Estate Preservation

Our residents enjoy asset preservation, as 90% of their first person entrance fee is returned to them or to their estate if they move or pass away, upon resale of their independent living unit.

Financial Strength

A critical aspect of making a good economic choice about senior living is finding a secure and financially sound organization, particularly in times when the economy is volatile. RiverWoods not only has a long history in the CCRC industry, but is also consistently financially strong, year after year. Our strong balance sheet enables us to weather economic storms. As an independent organization, we have grown thoughtfully, maintained strong occupancy, and have historically performed well against industry financial benchmarks.

Occupancy is a leading indicator of financial stability, and RiverWoods has had an excellent track record of high occupancy.  Within the CCRC industry, stable occupancy is considered 90%; full occupancy is 95%, and we have consistently run higher than 95%.  

Our Occupancy (a 5 Year Review):

2009 – 97.5%  
2008 – 97%
2007 – 97%
2006 - 96%
2005 – 95%*
*Occupancy lower due to the opening and fill-up of our second campus, The Ridge.

Another indicator of RiverWoods’ financial strength during a time of great global financial uncertainty.  In the fall of 2008, RiverWoods was one of only 5 not for profit CCRCs nationwide to achieve project financing. That project is the Boulders, which opened in March 2010.

Our independent Board of Trustees examines our financial performance, and this group consists of financial and accounting professionals, with varied backgrounds.  Our financial performance is also reviewed monthly with our Resident Finance Committee.

Tax Free New Hampshire

New Hampshire is a state that fiercely defends our individual rights and freedoms, and has several wonderful aspects that make living here a real financial benefit:

• No general sales tax
• No personal income tax
• No capital gains tax
• The lowest tax burden of any New England state
• One of the top 10 states in the country with the lowest taxes