Acts Retirement-Life Communities

File:ACTS Retirement-Life Communities logo.jpg

ACTS logo

ACTS Retirement-Life Communities

Company type	Private
Industry	Health care
Headquarters	West Point, Pennsylvania, U.S.
Key people	Marvin Mashner, CPA (President & CEO)
Revenue	$300 million and assets nearing $1 billion USD (2011)
Website	www.actsretirement.org

ACTS Retirement-Life Communities (ACTS), based out of West Point, Pennsylvania, is one of the largest not-for-profit owner, operator and developer of continuing care retirement communities (CCRCs) in the United States. ACTS life care communities provide independent living residences for people age 62 and above, with guaranteed access to assisted living and skilled nursing care services, usually on the same campus. ACTS takes its name from the Acts of the Apostles of the Christian Bible. ACTS is incorporated in Pennsylvania and is designated a 501(c)3 charity.

History

ACTS began in the early 1970s, when a suburban Philadelphia pastor and members of the Church of the Open Door, a nondenominational church, sought a new and better way of living for the retired church members. Fulfilling instruction of the Scriptures, their idea was to provide a fulfilling and meaningful independent living lifestyle with a quality skilled heath care environment that would be available if ever needed. Using their own resources, this group built the first part of what today is known as Fort Washington Estates, which opened in 1972.

In 2010, ACTS concluded a partnership with Peninsula United Methodist Homes (PUMH) and Heron Point of Chestertown, and assumed management and operation of four communities in Delaware and Maryland .

Locations.

Alabama

• Magnolia Trace, Huntsville

Delaware

• Methodist Country House, Greenville;
• Methodist Manor House, Seadord ;
• Cokesbury Village in Hockessin.

Florida

• Azalea Trace, Pensacola;
• Edgewater Pointe Estates, Boca Raton;
• Indian River Estates East, Vero Beach;
• Indian River Estates West, Vero Beach
• St. Andrews Estates North, Boca Raton
• St. Andrews Estates South, Boca Raton

Georgia

• Lanier Village Estates, Gainesville

Maryland

• Heron Point, Chestertown

North Carolina

• Plantation Estates, Matthews;
• Tryon Estates, Columbus

South Carolina

• Park Pointe Village, Rock Hill

Pennsylvania

• Brittany Pointe Estates, Lansdale;
• Fort Washington Estates, Fort Washington, Pennsylvania;
• Granite Farms Estates, Media;
• Gwynedd Estates, Ambler;
• Lima Estates, Media;
• Normandy Farms Estates, Blue Bell;
• Southampton Estates (originally called Open Door Estates), Southampton;
• Spring House Estates, Lower Gwynedd

External links

• Official website
• Definition of a Skilled Nursing Facility
• Fitch Rates ACTS Retirement-Life Communities Obligated Group (PA) Ser 2012 Revs 'A-'; Outlook Stable
• [www.actsretirement.org/Carbide/Download.aspx?AssetID=clUSKNOT27Y%3d 2011 Financial report -PDF]