How You Profit from Our Nonprofit Status.
What's the driving force behind a senior community?
For-profit communities must generate profits for shareholders. Nonprofit communities such as The White Sands of La Jolla are driven by their mission: to provide the highest quality of life for seniors. So all income after expenses goes back into their communities: increasing staff, improving facilities and services, and enhancing satisfaction for residents, their families and the people who serve them.
Nonprofit organizations also get important tax benefits that help hold down costs for the community. To keep their 501c(3) status, they must meet stringent regulations for financial stewardship and stability. It all adds up to greater value and security for residents.
Higher value by design.
As a result, nonprofit communities tend to be a better value. They can provide more attentive health care because they can staff for it. Nonprofits have a reputation for forward thinking, since they use resources to create innovative programs.
Nonprofits “tailor their housing, health care and community services to meet individual needs, not profit goals,” says The American Association of Homes and Services for the Aging (AAHSA). “They are committed to providing healthy, affordable, ethical aging services.”
Our parent organization, Southern California Presbyterian Homes, is one of America’s largest nonprofit providers of senior living communities. So you can feel confident that your dollars are working hard, with one objective: to serve your community better.
