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Lakeview Village Inc

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Nonprofit Overview

Causes: Human Services, Seniors, Supportive Housing for Older Adults

Mission: Lakeview village, inc. Is a continuing care retirement community (ccrc) which offers type a lifecare contracts to its residents. Additionally, lakeview focuses on whole-person wellness and person-centered care.

Programs: Lakeview village, inc. Is a continuing care retirement community which has 550 living units plus 120 bed long term care snf, 52 bed short term rehab snf, and 26 bed assisted living. Aside from the living and care facilities, the ccrc provides activities to assist in maintaining the residents' spirtual and mental well-being. Lakeview's 120-bed health center and 52-bed short-term rehab snf are medicare and medicaid certified and take admissions from both inside and outside of the lakeview community. The mission of lakeview village is to enhance the life of seniors through offering high quality care, programs and amenities in all levels of care on their campus. The organization provides care and services to residents who can no longer afford the full cost of their care through no fault of their own. This may be due to loss of a spouse's pension, extraordinary medical costs, or other circumstances. When assistance is requested, a confidential review of the resident's assets and income are compared to their monthly expenses (including lakeview fees and personal expenses) and the amount of assistance is determined by management. Because the organization does not pursue collection of amounts determined to qualify for financial assistance, they are not reported as revenue. The charity care lakeview provides enables residents to remain on campus and receive services that would otherwise be provided by the greater community. In this way, lakeview partners with the community to assure residents' needs are met without burdening the wider community with additional costs for those services. Additionally, residents and employees provide community benefit through volunteerism and support of numerous community activities. The organization has estimated its direct and indirect costs of providing charity care under its financial assistance policy. In order to estimate the cost or providing such care, management has used actual costs and operational projections. Using this methodology, the organization has estimated the costs foregone for services and supplies furnished under the organization's financial assistance policy aggregated approximately $293,000 and $324,000 for the years ended december 31, 2017 and 2016, respectively.

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