The Cedars
Elderly Care Services · Maine, United States · 201-500 Employees
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Overview
Headquarters
630 Ocean Ave # 650, Portland, Maine, 04...Phone Number
(207) 221-7000Website
www.thecedarsportland.orgRevenue
$12.8 MillionIndustry
About The Cedars
The Cedars is a nonprofit senior living organization founded in 1929 with a mission to serve the elderly through comprehensive residential and care services. Operating as a standalone, mission-driven entity rather than a subsidiary or for-profit enterprise, The Cedars leverages its nonprofit status to access favorable tax credits, exemptions, and preferred pricing on goods and services, enabling the organization to maintain stabilized monthly fees and deliver exceptional value to residents and members. The organization operates The Atrium, a residential community where prospective members secure apartments through a one-time entrance feestarting at $256,000 for one-bedroom units and $360,000 for two-bedroom apartmentswith 90 percent of the fee refundable upon departure or to heirs, paid once the apartment is reoccupied. Monthly fees, beginning at $2,520 for one-bedroom and $3,380 for two-bedroom residences, encompass the majority of apartment expenses and include one daily meal plus coRead more
SIC Code 80,805NAICS Code 62,623Show moreThe Cedars Org Chart
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The Cedars is a nonprofit senior living organization founded in 1929 with a mission to serve the elderly through comprehensive residential and care services. Operating as a standalone, mission-driven entity rather than a subsidiary or for-profit enterprise, The Cedars leverages its nonprofit status to access favorable tax credits, exemptions, and p... Read More
