Bible Students Retirement Centers

Senior Retirement Living Program, providing independent living apartments at below market cost to seniors. At the close of this fiscal period on April 30, 2022 we had 32 Residents. Program includes maintaining 28 individual apartments and town homes with full kitchens, most with laundry rooms and some with garages. Landscaped grounds including walking paths surrounding a large Main House with a chapel-meeting room, communal dining room and commercial kitchen. The Main House includes 4 upstairs guest bedrooms available for Residents' guests and or visiting distant Board Members.

Low Income Subsidy Program - Expenses consisted of rental subsidies totaling $4,322, meal subsidies of $1,233, phone subsidies of $346 and some in-home services totaling $220. This subsidy program is available to those who qualify as low income, after completing an application for financial assistance detailing their income and assets in accordance with our written policy. The application is verified and then is approved by the Board of Directors in accordance with our written policy.

Food Service Program, providing a nutritious hot meal Monday through Friday to Retirement Center Residents who choose to participate. This program bills residents at month end for the actual meals they have taken, at well below market prices. They sign up for the new week of meals after they see the menu for that week. Residents pay only about 48% of the actual food and labor costs for this meal service.

In-Home health related services Reimbursement Program. Each Resident is gifted a one-time $500 fund which may be drawn against after presenting paid receipts for in-home health related services. This program is to encourage residents to remain in their homes longer by engaging and paying directly for outside services to help them. The program provides for the resident to choose when they wish to invoke their $500 benefit as long as it has a basis in a Health Care need.