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