Carpenters Home Estates Inc

Carpenter's home estates, inc. Operates a 49-unit assisted living facility with a licensed occupancy of 52 residents. The facility holds an extended congregate care license to allow for the provision of nursing services to the residents. This specialty license enables the facility to expand the number and types of services provided to the residents with the intent of allowing them to "age in place." this license and staffing pattern, which includes 24-hour-a-day nursing coverage, permits the residents to age with dignity and postpones their transfer to skilled nursing, which has a higher cost than assisted living. In 2024, 90% of the residents served in the assisted living facility were receiving lifecare benefits. Through their resident agreement, these residents receive a guarantee for the provision of services and support regardless of their ability to pay, as long as they have not disposed of their assets at less than fair market value. In the estates' 39-year history, no resident has ever been asked to leave due to their inability to meet their financial obligations to the organization.

Carpenter's home estates, inc. ("the estates") operates a 72-bed skilled nursing facility and participates in the medicare and medicaid programs. In 2024, 40% of the total patient days serviced in the nursing home were receiving lifecare benefits. Through their resident agreement, these residents receive a guarantee for the provision of services regardless of their ability to pay, as long as they have not disposed of their assets at less than fair market value. In addition, the estates demonstrate commitment to the service and support of the indigent elderly population of the local community. In 2024, 21% of the total patient days in the skilled nursing component were for care provided to residents covered by the medicaid program. In the estates' 39-year history, no resident has ever been asked to leave due to their inability to meet their financial obligations to the organization.