As an Asbury
community, financial strength and stewardship are
prominent among the core values of Bethany 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 the Asbury
communities including Bethany
Village, can be found in its financial philosophy which supports:
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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.
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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 the Asbury communities to weather
times of economic challenge.
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