| As an
Asbury Communities
community, financial strength and stewardship are
prominent among the core values of Asbury Methodist Village. The future
of senior services will be built on innovation, compassion and
technology, but a solid financial foundation is essential to carry out
these services and support our mission. Evidence of the strength of
Asbury's communities, including Asbury Methodist Village, can
be found in its financial philosophy which supports:
- Maintaining and enhancing strong operational performance
demonstrated by establishing resident rates which fairly equate to
expenses. This results in Net Operating Margin (NOM) ratio levels
comparable to other financially successful organizations in the
industry.
- Establishing financial reserves to support our mission and provide
capital for future programs and facility renovations/expansions. These
financial reserves, and additional income they generate, establish a
solid financial base that allows Asbury Communities and Affiliates to
weather times of economic challenge.
2006 Return of Organization Exempt
from Income Tax, IRS 990
2006
Asbury Communities
Annual Report
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