Company Profile: Campbell-Stone North Apartments, Inc.
Background
Established in 1980, Campbell-Stone North Apartments, Inc. is a non-profit organization dedicated to providing affordable housing and supportive services to senior adults in Atlanta, Georgia. As a 501(c)(3) entity, it operates under the sponsorship of the Christian Church (Disciples of Christ) in Georgia. The organization's mission is to offer underserved seniors safe, affordable, and quality living environments, fostering a community that enhances quality of life, encourages personal growth, and promotes mutual respect.
Key Strategic Focus
Campbell-Stone North Apartments focuses on delivering affordable senior housing solutions, emphasizing:
- Core Objectives: Providing low to moderate-income housing and congregate services to elderly individuals aged 62 and older, as well as those who are mobility impaired.
- Specialization: Offering independent living apartments with supportive services tailored to the needs of senior residents.
- Technologies Utilized: While specific technological platforms are not detailed, the organization maintains a commitment to quality and service excellence.
- Primary Markets: Serving the senior adult population in Atlanta, Georgia, particularly in the Buckhead and Sandy Springs neighborhoods.
Financials and Funding
In the fiscal year ending June 2023, Campbell-Stone North Apartments reported:
- Total Revenues: $4,173,687
- Total Expenses: $3,787,612
- Net Assets: $5,943,188
The revenue composition includes:
- Contributions: $2,247,401 (53.8%)
- Program Services: $1,865,962 (44.7%)
- Investment Income: $17,937 (0.4%)
- Other Revenue: $42,387 (1.0%)
The organization has received grants from foundations and other nonprofits, such as an unrestricted grant of $17,225 from Network for Good.
Pipeline Development
As a non-profit housing provider, Campbell-Stone North Apartments does not engage in a traditional product development pipeline. Instead, the organization focuses on maintaining and enhancing its existing facilities to meet the evolving needs of its residents. Notably, in 2007, the Buckhead location underwent a $12 million renovation, remodeling 342 residential apartments to ensure a safe and comfortable living environment for seniors.
Technological Platform and Innovation
While specific technological platforms are not detailed, Campbell-Stone North Apartments emphasizes:
- Proprietary Technologies: The organization does not publicly disclose proprietary technologies.
- Scientific Methods: There is no specific information available regarding the use of scientific methods or AI-driven capabilities.
Leadership Team
The leadership team at Campbell-Stone North Apartments includes:
- Maria Manahan: Chief Executive Officer
- George Tucker: Administrator
- Todd Barcroft: Comptroller
- Rev. Betty Brewer-Calvert: Director of Chaplain Ministries
- William Dennis: Director of Occupancy
- Elizabeth Vanderburg: Director of Community Engagement
- Michelle Griffin: Director of Social Services
- Mandrill Hale: Director of Maintenance Operations
- Breon Robinson: Resident Enrichment Coordinator
- Irina McPeak: Service Coordinator
- Shawn Rice: Service Coordinator
- Clinton Mayo: Service Coordinator
- Abigail Saltzman: Accounting Coordinator
- Jan Orial: Reception Desk Coordinator
Many staff members have been with the organization for over a decade, fostering a family-like atmosphere among residents and staff.
Competitor Profile
- Market Insights and Dynamics: The senior housing market in Atlanta is competitive, with a growing demand for affordable and quality living options for seniors.
- Competitor Analysis: Key competitors include other senior living communities in the Atlanta area, such as Saint Anne's Terrace and Wheat Street Tower. These organizations offer similar services and amenities, contributing to a dynamic competitive landscape.
Strategic Collaborations and Partnerships
Campbell-Stone North Apartments collaborates with various foundations and nonprofit organizations to secure funding and support for its mission. For instance, it has received grants from organizations like Network for Good, which contribute to its operational and programmatic expenses.
Operational Insights
Strategic considerations include maintaining a competitive edge through facility enhancements, such as the significant renovation completed in 2007, and fostering strong community relationships to attract and retain residents. The organization's non-profit status and focus on affordability position it uniquely in the market, appealing to seniors seeking quality housing without the profit-driven motives of for-profit entities.
Strategic Opportunities and Future Directions
Future opportunities may involve expanding services to meet the diverse needs of the senior population, exploring additional funding avenues to support growth, and enhancing technological capabilities to improve operational efficiency and resident satisfaction.
