As an Asbury Communities organization, financial strength and stewardship are prominent among the core values of Springhill. 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 its related organizations, including Springhill, 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.

	2007 Asbury Communities Annual Report
	Asbury Communities, Inc. Consolidated Financial Statements for the year ending December 31, 2007
	Please note the “2007 IRS Form 990 - Return of Organization Exempt From Income Tax” (i.e. Asbury’s tax return) has not been filed with the IRS yet.  We will have that 2007 tax return posted once it is filed which we anticipate will be sometime around November.
	Return of Organization Exempt from Income Tax, IRS 990 2006-ForestView Health Care Center, Inc. 2006-Asbury Atlantic, Inc.

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