What’s the Difference: Nonprofit vs. For-Profit Communities
When searching for the right retirement community, there are a number of questions to ask and features to consider. The process can be overwhelming at times, and one of the most confusing aspects can be the distinction between nonprofit and for-profit facilities.
So really what’s the difference between the two? And does the organizational structure actually affect the daily lives of residents?
Groups with a specific affiliation, such as religious, professional or ethnic, typically own nonprofit facilities. While these communities still need to operate efficiently as businesses, they are often more mission-driven and maintain an increased focus on quality care.
For-profit facilities, on the other hand, are more the norm in the United States – with about 82 percent of retirement and skilled nursing facilities operating as private/for-profit businesses. About 40 percent of them are part of a national chain, according to the Centers for Disease Control.
For-profit facilities often have specific revenue requirements to meet with consistent pressure for higher occupancy and to streamline costs on staffing, food and activities.
The Bottom Line
These differences don’t mean that it’s always best to choose a nonprofit community over a for-profit one. Instead, it’s an important piece of the puzzle as you select a community. Make sure you interview the top administrator, the director of nursing, the activities director and aides to see if they are all on the same page for quality of care, comfort and safety of residents.
The Mission of the Christian Village at Mason
Our mission set by our parent company, the nonprofit Christian Village Communities, which also operates the Christian Village at Mt. Healthy, is to guide older adults to joyful and purposeful life experiences in a faith-filled community.
Care is the heart and soul of everything we do. We are devoted to maintaining the highest standards of expertise and service in health and wellness. We are committed to serving each person as though they were our own family; with love, compassion and excellence
November 01, 2023
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August 31, 2023