As an Asbury
community, financial strength and stewardship are
prominent among the core values of Epworth Manor. 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, including Epworth
Manor 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 the Asbury communities to weather times of economic challenge.
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