King's Bridge Retirement Center, Inc. Market Research Report

Background

Overview

King's Bridge Retirement Center, Inc. is a non-profit senior living community located in Northeast Atlanta, Georgia. Established in 1985, the center offers a range of services, including independent living, assisted living, and memory care, all within a homelike atmosphere. The facility spans 220,000 square feet over seven floors and accommodates approximately 224 residents. The mission of King's Bridge is to provide high-quality housing with a community environment and homelike atmosphere for senior adults.

Mission and Vision

The center's mission is to offer a nurturing environment where residents can live independently or with assistance, ensuring they can age in place with dignity. The vision is to create a vibrant community that emphasizes personalized care and a strong sense of belonging among residents.

Primary Area of Focus

King's Bridge focuses on providing comprehensive senior care services, including independent living, assisted living, and memory care, tailored to meet the diverse needs of its residents.

Industry Significance

As a non-profit organization, King's Bridge reinvests its revenues into community improvements, maintaining a reputation for superior service and a commitment to enhancing the quality of life for seniors.

Key Strategic Focus

Core Objectives

Deliver personalized care that allows residents to live independently or with assistance.

Maintain a homelike atmosphere that fosters a strong sense of community.

Continuously improve facilities and services to meet the evolving needs of residents.

Specific Areas of Specialization

Independent living support.

Assisted living services.

Memory care programs.

Key Technologies Utilized

While specific technologies are not detailed, the center emphasizes the use of modern facilities and services to enhance resident care and comfort.

Primary Markets or Conditions Targeted

King's Bridge primarily serves seniors in the Atlanta area, focusing on those seeking independent living, assisted living, and memory care services.

Financials and Funding

Funding History

As a non-profit organization, King's Bridge is funded through resident fees, contributions, and other revenue streams.

Total Funds Raised

In the fiscal year ending September 2024, the center reported total revenues of $11,454,443.

Notable Investors

As a non-profit entity, King's Bridge does not have traditional investors but relies on community support and resident fees.

Intended Utilization of Capital

The center reinvests its revenues into community improvements, including facility upgrades and enhanced resident services.

Pipeline Development

Specific details regarding pipeline development are not available. However, the center is committed to continuous improvement and adaptation to meet the needs of its residents.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not detailed, the center focuses on maintaining modern facilities and services to enhance resident care.

Significant Scientific Methods

The center employs evidence-based practices in senior care, ensuring that services are aligned with current standards and best practices.

Leadership Team

Executive Profiles

Kevin Shaw: Executive Director since January 2018. Under his leadership, the center has focused on enhancing resident care and community engagement.

Carolyn Davis: Director of Operations, responsible for overseeing daily operations and ensuring the smooth functioning of the center.

Brandy Robinson: Director of Marketing, tasked with promoting the center's services and engaging with the community.

Randy Black: Business Manager, overseeing financial operations and resource management.

Competitor Profile

Market Insights and Dynamics

The senior living industry in Atlanta is competitive, with numerous facilities offering a range of services. King's Bridge differentiates itself through its non-profit status, reinvestment into community improvements, and a strong emphasis on personalized care.

Competitor Analysis

Specific competitors are not detailed in the available information. However, the center's unique value proposition positions it favorably in the market.

Strategic Collaborations and Partnerships

While specific collaborations are not detailed, the center engages with the community and stakeholders to enhance its services and offerings.

Operational Insights

King's Bridge's non-profit model allows it to focus on resident care and community well-being without the pressures of generating profits for shareholders. This approach fosters a culture of service and dedication among staff and residents.

Strategic Opportunities and Future Directions

The center continues to explore opportunities for growth and improvement, including expanding services, enhancing facilities, and strengthening community partnerships to better serve its residents.