Most people make it a priority to support charities and nonprofit organizations during their lives. They usually do this through making donations or volunteering in order to carry out the organization’s mission. Most nonprofits help provide essential services or goods to people who need them. But did you know some nonprofits are also committed to providing living arrangements for seniors? In this article, we’ll explain the advantages of nonprofit senior living.
What Are the Advantages of Not-for-Profit Retirement Communities?
- Price – One of the advantages of nonprofit senior living communities is that they can be more affordable than their for-profit counterparts. Nearly 80% of all senior living communities are for profit. Because of this, their primary concern is with making as much money as possible, which often leads to increased prices for residents, limited amenities and offerings, cost cutting, and more.
- Level of Care – With for-profit communities focused on increasing profits, they also don’t always provide the same level of care as nonprofit communities do. Often, for-profit communities hire less qualified nurses and staff members, and have a high turnover rate. On the other hand, nonprofit senior living communities provide residents with the necessary care they need and focus on hiring qualified individuals who care about the work they do.
- Growth and Improvement – Unlike for-profit communities, nonprofit senior living communities put all of the money they generate back into the community to grow and improve the services they provide their residents. They don’t make any profit from the rent or fees they charge. Instead, the organizations are invested in the residents they serve, so it is always a priority to make any improvements and use their money to provide the highest quality of care.
- Community – While many for-profit communities feel like living in an apartment complex with strangers, nonprofit senior living communities provide a true sense of community. This is because nonprofit communities often make it a priority to give residents the opportunities to meet and bond with fellow residents. This can be through scheduled activities, planned trips outside of the community, playing sports, exercise classes, enjoying onsite amenities, and more. It’s not only important that residents get the care they need; they should also feel as if they belong to something bigger than themselves and are at home within the community.
At Celebrate Senior Living, we are committed to celebrating the moments, victories, and memories that will last a lifetime for our residents and their loved ones. We are a Midwest-based foundation that serves Illinois and Indiana residents by offering Independent Living, Assisted Living, Memory Care, and Skilled Nursing living options. We also provide three delicious, healthy meals a day to ensure our residents get the nutrients they need!
If you or a loved one are interested in senior living options, schedule a tour with us today! You can also learn more by exploring our communities, which include South Holland, Niles, and Fort Wayne, or by contacting us with any other questions!
