RiverWoods Receives Upgrade to A- Fitch Rating

Landing in Top 2% NationallyRiverWoods at Exeter Upgraded to A- Rating

The national agency, Fitch Ratings, released their independent report on RiverWoods’ financial picture, and upgraded the community to A- status, which puts RiverWoods in the top 2% of Continuing Care Retirement Communities (CCRCs) nationwide.

Of the 1900 Continuing Care Retirement Communities in the U.S., the majority of which are non-profit, only 7 % are rated by professional financial rating firms. The reason for a community to undergo the grueling process of having their financial books rated by an outside agency is to establish their financial strength in relation to others on a national stage. This, in turn, helps the community gain more preferable borrowing rates from lending organizations.

Another advantage of having your debt rated is that an independent evaluation of the community’s financial picture provides an outside third party assessment.. Few CCRCs invite this type of evaluation and RiverWoods is the only CCRC in New Hampshire to achieve an A- rating.

2014 President & Chairman's Letter

President and Chairman's Letter - By Justine Vogel and Bruce Mast - RiverWoods at ExeterThe following letter was published in the 2014 RiverWoods Annual Report. Current and past RiverWoods Annual Reports and Financial Statements can be found by clicking here.

When we reflect on our 20th anniversary, it feels like we are at a new starting line, 20 years into a very long-term journey. RiverWoods was established to create and nurture community for seniors for the rest of their lives, and we make that long-term commitment every day. That being the case, 20 years is a big deal and a drop in the bucket all at the same time.

More than 30 years ago, our founders sat around a kitchen table and envisioned an option that didn’t exist in southern New Hampshire. What was critical to them was creating community and providing peace of mind for seniors – knowing that an option that reduced some of the burdens that go along with aging would allow people to live richer, fuller lives. They thought and talked and researched and persevered for 10 years – and from their work came a community that over the last 20 years has grown to be three campuses serving 620 residents and employing 478 staff. The RiverWoods community was their dream and in the words of co-founder Maryanna Hatch “It is better than I ever imagined.”

RiverWoods at Exeter CCRC Receives Top National Accreditation

Non-Profit NH Retirement Community in top 3% of Continuing Care Communities Nationwide.

ACCREDITED-CCRC-RiverWoods-Exeter-New-HampshireExeter, NH (June 19, 2014) – This week, RiverWoods announced their re-accreditation and placement in the top three percent nationally of Continuing Care Retirement Communities in the country, according to the national accrediting body for Continuing Care Retirement Communities, CARF-CCAC.  The news was released in RiverWoods’ recent Five Year Term of Accreditation report, which summarized the results of a multi-day on-site survey, conducted by an outside team of surveyors.

RiverWoods, which is celebrating its’ 20th anniversary this year, was one of the youngest CCRCs to achieve accreditation in 1998, just four years after opening the community’s first campus, The Woods. RiverWoods has been reaccredited every 5 years since that date. 

"Comfort, companionship, compassion in continuing care at RiverWoods CCRC"

IN THE NEWS img0023

RiverWoods: Retirement community keeps residents active until the time comes to transition to assisted living and end-of-life care.

RiverWoods at Exeter founders - GroundbreakingBy GRETYL MACALASTER, Union Leader Correspondent

(this story appeared in the Union Leader on 11/25/2013)

Exeter, NH — It has been 20 years since the vision of a handful of area residents became the reality that is RiverWoods Continuing Care Retirement Community (CCRC).

The vision was to provide a dignified way for people to retire, before they became inactive, and to provide continuing care through the end of their lives without burgeoning costs as their needs enhanced.

"There was a need locally, and that need was based on providing people a better way to be 75," RiverWoods Executive Director Justine Vogel said.

CCRCs Break Down Walls to Partner with Financial Planners

Retirement communities and financial planners: historically the two have not gone hand in hand. But a push for working together, rather than separately when planning for long term care—and paying for it—could work to break down the walls that have existed in the past.

RiverWoods joining forces with local organic farm

By Melissa Proulx, Exeter Newsletter / SeacoastOnline

EXETER — Two local businesses have recently come together to pursue a unified goal of promoting a healthier lifestyle and a sense of community.

For the past month, RiverWoods at Exeter, a non-profit retirement community, has begun working with Stout Oak Farm in Brentwood, using their certified organic crops in the kitchens of all three of their campuses.

'Yarn bombing' brings smiles in Exeter

By JASON SCHREIBER, Union Leader Correspondent
(click to view article on Union Leader website)

 April 30, 2013 - EXETER, NH - The graffiti knitting hanging on trees, signs and other places has brought smiles to the faces of downtown visitors and will soon seek to lift spirits in Newtown, Conn.

Volunteers from Womenade of Greater Squamscott will gather today to remove the colorful street art that has brightened up Water Street for the past month.

Weston Awarded Boston Post Cane

(click here to read this article at seacoastonline.com)

When it comes to aging well, centenarians like Jo Weston, a 101 year RiverWoods resident, are the subject of much intrigue and scholarly study. While many seek the secrets to the proverbial Fountain of Youth-- one thing is certain. Jo Weston is doing something right. In fact, those of us who know Mrs. Weston think she's doing MANY things right. A resident at RiverWoods Continuing Care Retirement Community (CCRC) since 2005, Mrs. Weston always warms the hearts of fellow residents and staff with her smile, sense of humor and positive outlook on life.

Justine Vogel, RiverWoods President and CEO wins 2013 Outstanding Women in Business Award

RiverWoods Retirement Community President and CEO Justine Vogel wins Outstanding Women in Business Award

Outstanding Leadership Matters

 

The strength of a great community is undoubtedly linked to key factors including resident satisfaction, financial strength and leadership at all levels. On February 12th, RiverWoods President and CEO, Justine Vogel, was presented the 2013 Outstanding Women in Business Award from New Hampshire Business Review.
Vogel was selected not only for her professional accomplishments and outstanding leadership, but also for the example she sets as a role model. She was nominated by business and community leaders across the state, as well as her two daughters. In the video of Vogel's acceptance speech (see below), she describes her strong commitment to the Mission of RiverWoods, and pays tribute to the residents and staff who make RiverWoods such a great community. (CLICK TO READ FULL ARTICLE)

VIDEO: Justine Vogel's Acceptance Speech

RiverWoods CEO Honored with Outstanding Women in Business Award

Justine Vogel, President and CEO of RiverWoods Retirement Community in Exeter, has been named one of the state’s Outstanding Women in Business by New Hampshire Business Review (NHBR). The award celebrates women who have risen to the heights of their chosen industry and who give back to the communities in which they work. Vogel accepted the award on February 12th at a ceremony presented by NHBR and Centrix Bank .