WAKE ROBIN CORPORATION
Programs
Life Plan Community for Older Adults
WAKE ROBIN HAS ONE PRIMARY PROGRAM SERVICE, TO ESTABLISH AND OWN A SUSTAINABLE AND DYNAMIC LIFE PLAN COMMUNITY (ALSO KNOWN AS A CONTINUING CARE RETIREMENT COMMUNITY) FOR OLDER ADULTS THAT HONORS BOTH MUTUAL SUPPORT AND INDEPENDENCE AND ADDRESSES THE HEALTH AND WELLNESS OF EACH RESIDENT. WAKE ROBIN EMBODIES A "RESIDENT DRIVEN" COMMUNITY LIFE, IN WHICH RESIDNTS CAN BE AS ENGAGED AS THEY WANT TO BE BOTH WITHIN AND OUTSIDE OF WAKE ROBIN. WAKE ROBIN PROVIDES RESIDENTS WITH HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, SECURITY AND OTHER ANCILLARY SERVICES TO THE SENIOR RESIDENTS. WAKE ROBIN IS COMMITTED TO LIVING OUR CORE VALUES OF COMMUNITY, BALANCE, DIFFERENCE, ENVIRONMENTAL STEWARDSHIP, AND HUMOR. CONTINUED ON SCHEDULE O.THE SINGLE SITE COMMUNITY OFFERS 250 INDEPENDENT LIVING HOMES AND 98 HOMES IN THE LINDEN HEALTH CENTER (41 RESIDENTIAL CARE HOMES, 39 SKILLED NURSING HOMES AND 18 MEMORY CARE). AT DECEMBER 31, 2022, THE COMMUNITY HOUSED APPROXIMATELY 322 RESIDENTS IN INDEPENDENT HOMES AND 78 RESIDENTS IN THE HEALTH CENTER. WAKE ROBIN ALSO PROVIDES BENEVOLENCE ASSISTANCE FOR ITS RESIDENTS WHO, THROUGH NO FAULT OF THEIR OWN, HAVE EXHAUSTED THEIR FINANCIAL RESOURCES. WAKE ROBIN WAS FINANCIALLY IMPACTED BY COVID-19. EXPENSES INCREASED AND RESIDENT ACTIVITY DECREASED. CERTAIN REVENUE STREAMS WERE NEGATIVELY IMPACTED, AND ADDITIONAL COSTS WERE SPENT FOR DISEASE CONTROL, PERSONAL PROTECTIVE EQUIPMENT, CLEANING SUPPLIES AND WORKFORCE WAGES. FUNDING MADE AVAILABLE THROUGH THE CARES ACT AND CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS) WAS UTILIZED FOR ELIGIBLE EXPENDITURES.GeographiesNot indicatedDatesJan 1, 2022 – Dec 31, 2022Source990No causes providedNo populations provided–$29.9M
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