The Not-For-Profit Advantage - RiverWoods Exeter Retirement Community

RiverWoods Exeter Retirement Community

The Not-For-Profit Advantage

The Largest Family of CCRCs in New Hampshire

What began with the founding of RiverWoods Exeter in 1994, RiverWoods Group has earned a reputation as a smart and strong family of not-for-profit communities. The organization continues to grow thoughtfully and maintain strong occupancy while consistently outperforming industry benchmarks. In 2016, RiverWoods Manchester became an affiliate, and our newest affiliate, RiverWoods Durham, opened in 2019. Each of these additions building upon the tradition of the RiverWoods Group’s reputation for providing award-winning senior living.

As a not-for-profit, our focus remains on improving the quality of life for adults rather than shareholder value. We remain mission-driven — to bring this way of life to as many people as possible — with a long-term view toward the future. We are dedicated to ensuring long-term sustainability — our goal is to be around in perpetuity, continuing to serve more and in a broader way rather than chasing the next market trend.

RiverWoods Exeter Maintains “A-“ Fitch Rating

In spite of one of the most challenging years in the history of our industry, RiverWoods Exeter once again maintains our “A-“ Fitch rating.

Only 2% of CCRCs nationwide have been able to achieve the same financial rating.

Read the Full Press Release

What is the RiverWoods Group? An Overview

The RiverWoods Group Advantage

  • Founded by New Hampshire residents
  • Nationally accredited by CCAC-CARF
  • Not-for-profit charitable organization
  • A- Fitch credit rating (top 2% of CCRC’s nationwide in terms of financial strength)
  • Long history of financial stability
  • Largest family of CCRCs in New Hampshire
  • Sustainable, three-legged stool: Residents, Board, and Staff
  • Residents hold voting seats on the Board of Trustees
  • Estate preservation – 90% refundable entrance fee
  • Exclusively private rooms in all of levels of health care
  • Predictable and discounted health care fees
  • No significant increase in cost for Assisted Living, Memory Support, or Nursing Care
  • Non-smoking, pet-friendly campus

Financial Strength

A critical aspect of making a good economic choice about senior living is finding a secure and financially sound organization. RiverWoods not only has a long history in the CCRC industry but is also consistently financially strong, year after year. Our strong balance sheet enables us to weather economic storms. As an independent organization, we have grown thoughtfully, maintained strong occupancy, and have historically performed well against industry financial benchmarks.

View our Philosophy of Financial Budgeting & Performance.

A Road Map for Evaluating a CCRC

The RiverWoods Group Chief Financial Officer, Kevin Goyette, wrote the following white paper to help people better understand the audited financial statements below.

A Road Map for Evaluating a Continuing Care Retirement Community