Capital and Financing
Capital is one of the most critical issues facing CCRCs. Check here often for information on availability of capital and news on recent financings in the field of aging services.
We've featured some articles below, but be sure to check out all of our CCRC capital and financing content.
In this first article of a three-part series, BKD addresses common mistakes related to complacency in the budgeting process. When preparing your organization’s finances, you should pay special attention to one-time items, incremental and historical budgeting, and the hockey stick effect.
IRS actions against nonprofit organizations are on the rise, and one of the areas getting plenty of attention is unrelated business income (UBI). In this eight-minute video Rob Nowak, a principal with CliftonLarsonAllen, discusses UBI gray areas and how organizations can ensure compliance with regulations.
Outsourcing your organization’s accounting functions can ensure tax compliance, provide key industry insight, and facilitate growth. According to CliftonLarsonAllen, outsourcing may lead to cost savings, revenue gains, access to specialized skills, mitigation of risk, and capacity management.
Sinai Residences of Boca Raton commenced site work on the area’s newest planned Life
Care Retirement Community. When completed in the fall of 2015, Sinai Residences will host over 500 residents in 237 independent living residences, 48 assisted living apartments, 24 memory care suites and 60 in private skilled nursing suites.
The repositioning of a Texas CCRC includes new apartments as well as a new health care center that offers state-of-the-art assisted living, memory support and skilled nursing and rehab.