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 Financial strength and stewardship are prominent among the Core
Values of Asbury Communities, and are especially important in the role the Asbury
Foundation plays in supporting the Asbury system of communities.
The future of senior
services will be built on innovation, compassion and technology, but a solid
financial foundation is required to carry out these services and support our
mission.
Evidence of the strength of the Asbury Foundation can be found in
a system-wide financial philosophy that 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 system of communities to weather times
of economic challenge.
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