NewCourtland

What NewCourtland does

NewCourtland is a Philadelphia-based not-for-profit organization (founded circa 1875, formerly known as Presbyterian) that delivers an integrated portfolio of affordable housing, healthcare, and supportive services to low-income seniors, medically complex individuals experiencing homelessness, and other underserved populations. The operating footprint comprises 600+ affordable housing units across 10 senior housing properties (Apartments at Allegheny, Burholme, Clearfield, Cliveden, Germantown, Henry Avenue, Manor Glen, Meadow House, plus Cottages at Germantown for dementia caregivers), a 173-unit inclusive housing development (Tower at Henry Avenue), 180 skilled nursing and rehabilitation beds (Germantown Home), and three Philadelphia Senior Centers. Wraparound programs include Housing with Supportive Services (housing-first model with 83% housing retention), Services On-Site (SOS), Spiritual Support, Best Day of My Life So Far, and Caregiving NOW.

Revenue is generated through four streams: income-capped affordable housing rents (capped at 30% of resident income), skilled nursing and rehab fees (likely Medicaid/Medicare reimbursed at the 180-bed Germantown Home), philanthropic donations (e.g., $175,000 TD Charitable grant in 2024) and government grants ($411,975 from Pennsylvania Housing Finance Agency in 2023), and community-based service fees supporting 2,000+ daily residents. Go-to-market is direct-to-consumer via on-site service delivery at owned facilities, augmented by referrals from a network of 20+ community, healthcare, university, and financial partners including the Philadelphia Housing Authority and University of Pennsylvania School of Nursing.

Leadership is headed by CEO and President Joseph (Joe) Duffey, with a board including Dr. Mary D. Naylor (Board Secretary, transitional care pioneer), Steve Mullin (Board Treasurer, Econsult Solutions), and Dr. Cornelius D. Pitts (Pharmaceutical Care Program). Senior team includes CFO Michael DeMarco, MBA, NHA, VP Healthcare Services Pam Howard, RN, and VP Utilization Management Paul Funaro. The organization employs 101-250 staff, was recognized with the Philadelphia Business Journal first-place ESG Development award (2025), and operates exclusively within Philadelphia with no disclosed geographic expansion plans beyond the metro.

Name

NewCourtland

Legal name

NewCourtland

Website

https://newcourtland.org

Company type

Private

Founded year

1875

Operating status

Operating

Headcount range

101–250 employees

Short description

NewCourtland is a Philadelphia-based not-for-profit network operating 600+ affordable senior housing units, three senior centers, and a 180-bed nursing and rehabilitation facility, serving low-income seniors, medically complex homeless individuals, and other underserved populations through integrated housing, healthcare, and supportive services.

Ownership category

akta.pro rank

Product category

Affordable Senior Housing & Healthcare Services

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Nursing Care Facilities (Skilled Nursing Facilities) (623110), Services for the Elderly and Persons with Disabilities (62412)

SIC

Services-Skilled Nursing Care Facilities (8051), Services-Nursing & Personal Care Facilities (8050), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)

akta.pro secondary industries

Community-Based Senior Centers with Adult Day Services (HLADAIAJ), Residential Hospice / Hospice House (Facility-Based) (HLADAHAC), Senior Living Property Management (BPAJAGAI), Elder Services & Aging Support (BPAGAEAF)

Keywords

• Affordable senior housing
• Skilled nursing care
• Supportive housing services
• Senior community programs
• Nonprofit healthcare services

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Affordable Housing Rent: NewCourtland operates over 600 affordable housing units where rent is capped at 30% of residents' monthly income, with some project-based units available at 30% of monthly income. Income-based rents provide sustainable occupancy while ensuring affordability for seniors and low-income individuals.
2. Nursing and Rehabilitation Services: Germantown Home operates as a 180-bed nursing and rehab facility providing skilled nursing care, hospice care, short-term and long-term care, and memory care services. Revenue is generated through resident care fees and potentially Medicaid/Medicare reimbursement.
3. Donations and Philanthropic Support: As a not-for-profit organization, NewCourtland receives donations through its website (givebutter.com/thetower_donations) and likely from foundations and individual donors supporting its health equity mission.
4. Community-Based Services: Delivers community-based services to over 2,000 Philadelphia residents daily through senior centers and outreach programs. Revenue streams may include government grants and service fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

NewCourtland is a not-for-profit organization that owns and operates over 600 affordable housing units for seniors across multiple Philadelphia apartment properties, three senior centers, and a 180-bed nursing and rehabilitation facility (Germantown Home). It provides supportive services, skilled nursing care, memory care, hospice, and community-based programs targeting low-income seniors aged 62+, adults aged 55+, and medically complex individuals experiencing homelessness, with rents capped at 30% of resident monthly income.

Product overview

NewCourtland is a not-for-profit organization providing a coordinated ecosystem of healthcare, housing, and social services for Philadelphia seniors and underserved populations. The organization operates a portfolio of over 600 affordable housing units across 10 apartment communities (Apartments at Allegheny, Burholme, Clearfield, Cliveden, Germantown, Henry Avenue, Manor Glen, Meadow House, and Cottages at Germantown), three Philadelphia Senior Centers, and Germantown Home (a 180-bed nursing and rehabilitation facility). Additional services include Housing with Supportive Services for homeless individuals, The Tower at Henry Avenue (inclusive housing), and the Community Homeownership Program. Support programs include the Services On-Site (SOS) Program, Spiritual Support Program, Best Day of My Life So Far Program, and Caregiving NOW initiative. The organization delivers community-based services to over 2,000 Philadelphia residents daily and reaches more than 8,000 disadvantaged individuals through its programs.

Differentiator

Problem solved

Functional benefit

Brands

• Tower at Henry Avenue: Inclusive housing model featuring apartments for low- and moderate-income households, individuals with disabilities, and market-rate units. Located at 3232 Henry Avenue in Philadelphia's East Falls neighborhood.
• Apartments at Clearfield
• Germantown Home
• Philadelphia Senior Centers

Products and services

• Apartments at Allegheny One-bedroom apartments designed for independent seniors aged 62 and older in North Philadelphia, offering supportive services and affordable living options.
• Apartments at Burholme One- and two-bedroom apartments for seniors aged 62 and older in Northeast Philadelphia, offering full amenities and supportive services.
• Apartments at Clearfield 48 one-bedroom apartments for independent seniors aged 62 and older seeking supportive services, located in North Philadelphia.
• Apartments at Cliveden One-bedroom apartments for seniors aged 62 and older on a campus in Northwest Philadelphia, providing safe, affordable, and independent living options.
• Apartments at Germantown 60 one-bedroom apartments for seniors aged 62 and older on a 13.5-acre campus in Northwest Philadelphia.
• Apartments at Henry Avenue 75 one-bedroom and efficiency apartments for seniors aged 62 and older in Northwest Philadelphia with access to supportive services.
• Apartments at Manor Glen 50 one-bedroom apartments for seniors aged 62 and older in Northeast Philadelphia, offering affordable independent living with supportive services.
• Apartments at Meadow House 50 one-bedroom apartments for seniors aged 62 and older in Northeast Philadelphia, providing affordable, independent living with supportive services.
• Cottages at Germantown Two-bedroom cottages providing a secure home environment for individuals with dementia, with a loved one as primary caregiver.
• Germantown Home Nursing and Rehab A 180-bed nursing and rehabilitation facility providing skilled nursing care, hospice care, short- and long-term care, memory care, and rehabilitation services on a 13.5-acre campus in Northwest Philadelphia.
• Philadelphia Senior Centers Three senior center locations serving adults age 55 and older across Philadelphia, offering activities, community resources, and the Services On-Site (SOS) Program for health and supportive services.
• Housing with Supportive Services A housing-first program targeting homeless individuals who are medically complex, providing integrated health, housing, and social services through a team including nurse navigators, property managers, and social workers.
• The Tower at Henry Avenue 173-unit inclusive housing development featuring apartments for low- and moderate-income households, individuals with disabilities (via Inglis partnership), and market-rate units in the East Falls neighborhood of Philadelphia.
• Community Homeownership Program A housing concept addressing health and housing needs through duplex, triplex, or quadruplex properties, providing a path to homeownership for middle-income individuals and seniors while generating affordable rental units.
• Services On-Site (SOS) Program Service Coordinators available at housing properties and senior centers to help seniors access community resources including transportation, healthcare, social activities, nutritional support, and mental health counseling.
• Spiritual Support Program Chaplain services supporting residents' unique spiritual, emotional, and cultural needs across NewCourtland facilities.
• Best Day of My Life So Far Program Program addressing social isolation by enabling older adults to share their life stories, fostering human connection across generational and social divides.
• Caregiving NOW A two-year initiative designed to reshape the caregiving landscape, enhancing the well-being of all caregivers.

Quantifiable outcome

• 83% of Housing with Supportive Services residents maintain stable housing and experience fewer health and social crises
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• Allegheny West FoundationcoreStrategic or Co-development Partner · 2 June 2026Key development partner for the Apartments at Clearfield project. The Allegheny West Foundation (AWF) Food Program was established during COVID-19 to provide vital food support to 2,000 individuals. Ron Hinton serves as Executive Director. Partnership includes community investment and neighborhood development initiatives.
• University of Pennsylvania School of NursingcoreStrategic or Co-development PartnerResearch partnership through the NewCourtland Center for Transitions and Health. Collaborates on healthcare innovations and the Caregiving NOW initiative designed to reshape the caregiving landscape.
• IngliscoreStrategic or Co-development PartnerPartnership at Tower at Henry Avenue for 20 ADA-accessible units. Inglis is a community organization serving individuals with disabilities, ensuring inclusive housing design and responsiveness to individual needs.
• InnovAgecoreStrategic or Co-development PartnerInnovAge LIFE program provides supportive services access at Apartments at Allegheny, offering comprehensive care and services to seniors.
• Miriam Medical ClinicsminorStrategic or Co-development PartnerCommunity health partner providing pharmaceutical care and medical services. Dr. Cornelius D. Pitts is a founding director and directs the Pharmaceutical Care Program.
• Holy Family UniversityminorStrategic or Co-development PartnerEducational institution partner for community programs and potential workforce development initiatives.
• McDonald Building CompanycoreImplementation/ SI/ Consulting PartnerConstruction partner for development projects including the Apartments at Clearfield grand opening. Paul McDonald participated in project celebrations.
• Blackney Hayes ArchitectsminorImplementation/ SI/ Consulting PartnerArchitecture firm partner for housing development design projects.
• CBP ArchitectsminorImplementation/ SI/ Consulting PartnerArchitecture partner for various development and renovation projects.
• Axis Construction ManagementminorImplementation/ SI/ Consulting PartnerConstruction management partner for development projects.
• LRK Inc.minorImplementation/ SI/ Consulting PartnerArchitecture and design firm partner for housing development.
• MIM PartnersminorImplementation/ SI/ Consulting PartnerDevelopment partner for housing projects.
• Economy League of Greater PhiladelphiaminorStrategic or Co-development PartnerPolicy and economic development organization partner for community initiatives.
• Philadelphia Housing AuthoritycoreStrategic or Co-development PartnerKelvin Jeremiah serves as President and CEO. Key public-sector partner for housing development and community investment initiatives.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Acts Retirement-Life Communities: One of the largest non-profit CCRC operators in the U.S., offering independent living, assisted living, skilled nursing, and home health across multiple states. Directly comparable to NewCourtland's integrated housing + health + community services model for seniors.
• National Church Residences: Non-profit provider of affordable senior housing, assisted living, memory care, and supportive services. Comparable mission-driven affordable housing and services operator with a similar integrated service mix.
• Genesis HealthCare: One of the largest skilled nursing and rehabilitation operators in the U.S., with a similar footprint in PA. Directly comparable to Germantown Home's 180-bed SNF/rehab business, with comparable reimbursement and labor dynamics.
• HumanGood: Non-profit operator of affordable and market-rate senior housing, assisted living, memory care, and skilled nursing across multiple states. Directly comparable integrated senior services operator with similar mission focus.
• Volunteers of America National Services: Non-profit operator of senior housing, assisted living, skilled nursing, and supportive housing programs including housing for homeless and at-risk populations. Comparable to NewCourtland's Housing with Supportive Services and senior services mix.

Regional players

• Presbyterian Senior Living: Pennsylvania-headquartered non-profit operating CCRCs, affordable senior housing, and personal care across PA and neighboring states. Highly comparable regionally — same geography, same non-profit operating model, same target demographic.

Broad incumbents

• Brookdale Senior Living: Largest U.S. senior living operator with a broad portfolio spanning independent living, assisted living, memory care, and skilled nursing nationally. Comparable as a broader incumbent in the same service categories, though focused on market-rate rather than affordable.
• Sunrise Senior Living: National senior living operator offering assisted living, memory care, independent living, and hospice. Comparable broad-incumbent operating model across senior housing and care categories, though predominantly market-rate.

Others

• Inglis: Philadelphia-based non-profit serving people with disabilities through accessible housing and supportive services; already a partner at Tower at Henry Avenue. Comparable on the inclusive / disability-services housing model NewCourtland has adopted.
• Philadelphia Housing Authority: Public-sector housing provider and key NewCourtland partner (Kelvin Jeremiah serves as PHA President and CEO). Comparable as a major Philadelphia affordable housing provider and counterparty in the local low-income housing ecosystem.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/NewCourtland
• LinkedInlinkedin.com/company/newcourtland
• Instagraminstagram.com/newcourtland1
• Xx.com/newcourtland

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NewCourtland