West Point, PA (PRWEB) November 27, 2012
ACTS Retirement-Life Communities raised $80,000 at its recent 40th anniversary benefit gala, with the proceeds going toward a subsidy fund for residents who outlive their financial resources. More than 200 people attended ACTS’ first ever gala event, which featured dinner, dancing, and live and silent auctions. ACTS is the nation’s largest owner, manager and developer of continuing care retirement communities (CCRCs) with 23 communities throughout the East Coast.
“We are so pleased to have hosted a very successful fund raising event to recognize our 40th anniversary and to benefit the residents we serve,” said ACTS President and CEO Marvin Mashner. “The results we were able to achieve are a testament to the connections so many have with the ACTS organization, and our communities are a product of those who believe in our mission.”
Headquartered in suburban Philadelphia, ACTS Retirement-Life Communities, Inc. is one of the nation’s largest CCRC organizations, currently providing housing and services to approximately 8,500 seniors in eight states. ACTS communities feature independent residences for active lifestyles with multiple dining venues, housekeeping, transportation, and many social and recreational activities. Assisted living and skilled health care suites are also available on-site to meet residents' changing needs. The full range of services enables seniors to live comfortably and secure in one community. Another unique aspect of ACTS is its life care plan, which limits the cost of any future long-term care services a resident may need.
ACTS’ innovative CCRC models and service delivery philosophy have become widely embraced in the senior living field. ACTS maintains the largest number of nationally accredited communities among senior living organizations for meeting standards of excellence in financial viability, administration and resident services. ACTS’ solid financial standing is affirmed by the leading ratings agencies Standard & Poor’s and Fitch, and ACTS is one of only two not-for-profit senior living organizations to eclipse $1 billion in total assets. As a not-for-profit organization, ACTS makes it a priority to reinvest monies back into its communities for campus upgrades. Traditionally, these enhancements range at approximately $40 million annually.
The Beginning of ACTS
ACTS was organized in 1971 by a pastor and members of his nondenominational church in suburban Philadelphia who sought a new and better way of living for retired church members as guided by the Scriptures. Using their own resources and talents, this group of visionaries built the first part of what today is known as Fort Washington Estates, which welcomed its first residents in 1972. That first ACTS community was an immediate success, and plans to construct a second community began soon after. Today, ACTS has communities located throughout the eastern seaboard.
The ACTS Mission Grows
Since its inception, the ACTS organization has grown at a steady yet deliberate pace through new community development or affiliations. Currently, ACTS communities are located in the states of Pennsylvania, Delaware, Maryland, North and South Carolina, Georgia, Alabama and Florida. ACTS is not content on staying stagnant and plans to continually explore opportunities to expand its mission of serving additional seniors throughout their retirement years.
“Our faith-based principles have guided us well for 40 years. However, we believe there is still much more to accomplish,” said Mashner. “We look forward to introducing new innovations and to enhancing quality of life and care for seniors for many years to come.”