LCS
LCS is a Des Moines-based senior living management services provider operating across 130+ U.S. communities serving 40,000+ residents, offering management, development, group purchasing, and real estate investment services to mission-driven senior living operators.
- Company typePrivate
- Founded1970
- HeadquartersDes Moines, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What LCS does
LCS Community Operations is a Des Moines, Iowa-based senior living management services provider that partners with more than 130 not-for-profit and mission-driven senior living communities across the United States, serving over 40,000 residents. Founded around 1970 and now employing 501–1,000 staff, the company is the 4th largest operator of life plan and rental senior living communities and the largest not-for-profit senior living operator in the country. Its service portfolio spans four modules: Management Services (covering day-to-day operations, finance, health services, HR, marketing and sales, compliance, risk management, strategic planning, technology, and data science), Development Services (master planning, new construction, and community redevelopment), Group Purchasing (a supplier network for member communities), and Real Estate Investment Services. LCS generates revenue primarily through managed-services fees charged to community owners under partnership contracts, supplemented by professional-services revenue from development projects and recurring revenue from the group purchasing program.
LCS has held the #1 ranking in J.D. Power's U.S. Senior Living Satisfaction Study for independent living for seven consecutive years through 2025, scoring 831 against a segment average of 753, and is the most awarded independent senior living brand in the study's history. The company's technology stack centers on data science and analytics platforms that operationalize sales, marketing, staffing, and clinical care decisions across the managed portfolio. Recent strategic activity in 2026 includes multiple multi-million-dollar expansion projects at partner communities (Croasdaile Village, StoneRidge, Greenwood Village South) and the launch of cross-operator data science initiatives. The go-to-market motion is enterprise field sales: LCS engages directly with senior living community boards, owners, and operators through business development teams, with pricing negotiated through partnership agreements rather than published rate cards.
LCS firmographics
Firmographics- Name
- LCS
- Legal name
- LCS
- Website
- https://lcsnet.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- LCS is a Des Moines-based senior living management services provider operating across 130+ U.S. communities serving 40,000+ residents, offering management, development, group purchasing, and real estate investment services to mission-driven senior living operators.
- Ownership category
- akta.pro rank
LCS industry classification
Industry- Product category
- Senior Living Management Services
- NAICS
- Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Nursing and Residential Care Facilities (623)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Services-Management Services (8741), Services-Nursing & Personal Care Facilities (8050)
- akta.pro primary industry
- Senior Living Property Management (BPAJAGAI)
- akta.pro secondary industries
- Specialty CCRCs (e.g., Memory-Care-Focused, Veteran-Focused) (HLADAEAK), Care Navigation & Service Coordination (Medical, Social, Community) (HSABAIAB)
Keywords
Where LCS is headquartered
LocationHeadquarters
- HQ city
- Des Moines
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
LCS business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Management Services Fees: LCS generates revenue through expert management services fees from senior living communities under management, providing day-to-day operations, finance, health services, HR, marketing and sales, compliance, risk management, strategic planning, technology, and data science support.
- Development Services: Revenue from new development and redevelopment projects for senior living communities, including master planning, new project construction, and community redevelopment services.
- Group Purchasing: Revenue generated through group purchasing services providing savings and efficiency through a trusted supplier network for member senior living communities.
- Real Estate Investment Services: Revenue from real estate investment services supporting senior living community ownership and development.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
LCS product offering
Product offeringCore offering
LCS is a private, not-for-profit senior living management company headquartered in Des Moines, Iowa, that provides comprehensive management, development, consulting, group purchasing, and real estate investment services to senior living communities across the United States. The company operates as the 4th largest operator of life plan and rental senior living communities and is the largest not-for-profit senior living operator in the US, serving 130+ senior living communities.
Product overview
LCS Community Operations is a comprehensive senior living management platform offering three core service modules: Management Services (covering operations, compliance, risk, finance, health services, technology, HR, marketing, and food & beverage), Development Services (master planning, new construction, and redevelopment), and Group Purchasing (supplier network and vendor partnerships). The company serves more than 130 senior living communities across the nation, managing over 40,000 residents, positioning itself as the 4th largest operator of life plan and rental senior living communities and the largest not-for-profit senior living operator in the country.
Differentiator
Problem solved
Functional benefit
Products and services
- Management Services
- Development Services
- Group Purchasing
- Real Estate Investment
Quantifiable outcome
- Reduced staff turnover through data science initiatives
- +2 more outcomes
Companies that use LCS
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles1 record
LCS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
LCS partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Cottage Grove PlacecoreLCS serves as the management company for Cottage Grove Place, a senior living community. Under LCS management, Cottage Grove Place achieved first place in resident satisfaction among independent senior living communities for seven consecutive years in J.D. Power's annual study.
- StoneRidge Senior LivingcoreLCS partnered with StoneRidge Senior Living, a community in southeastern Connecticut home to over 300 residents and 220 employees. LCS demonstrated creativity and dedication to elevate resident experiences, resulting in a published case study demonstrating operational excellence.
- Croasdaile VillageminorLCS Development and Croasdaile Village began an $82M expansion project in June 2026. The expansion will introduce 58 new independent living residences and enhanced community amenities.
- Greenwood Village SouthminorLCS Development celebrated topping out milestone for Greenwood Village South expansion adding 42 new independent living apartments and 27,000 square feet of new space.
Scale indicators7 records
Recent moves9 records
Expansion highlights4 records
LCS competitors and assessment
Company assessmentDirect peers
- Atria Senior Living: Atria is one of the largest U.S. senior living operators, managing a large portfolio of independent living, assisted living, and memory care communities. It is a direct competitor to LCS in providing operational management services to senior living communities.
- Sunrise Senior Living: Sunrise Senior Living operates a national portfolio of senior living communities offering assisted living, memory care, and independent living. Its full-service operating model closely parallels LCS's community management and development offerings.
- Five Star Senior Living: Five Star Senior Living operates independent living, assisted living, and memory care communities across the U.S. It is comparable to LCS as a senior living operator serving similar resident profiles and customer types.
- Senior Lifestyle: Senior Lifestyle is a senior living management and development company that operates independent living, assisted living, and memory care communities. Its full-service platform and B2B management services model closely mirror LCS's offerings.
- Sonida Senior Living: Sonida Senior Living operates senior living communities across the U.S. and is mentioned in LCS's history as a data science partner. It is a comparable operator of senior living communities competing for similar resident and partner relationships.
- Ascent Living Communities: Ascent Living Communities operates senior living communities and is mentioned in LCS's history as a data science partner. It is comparable to LCS as a senior living operator with similar service lines.
- Trustwell Living: Trustwell Living is a senior living management company that operates senior living communities. It is mentioned in LCS's history as a data science partner and is comparable as a B2B senior living operator.
- Holiday Retirement: Holiday Retirement is one of the largest operators of independent senior living communities in the U.S. It is a direct competitor to LCS in managing and operating senior living communities for older adults.
Broad incumbents
- Brookdale Senior Living: Brookdale is the largest U.S. senior living operator with a national footprint across IL, AL, memory care, and skilled nursing. As a publicly traded incumbent, it competes with LCS in both operations and management services for senior living communities.
Regional players
- Vi (formerly Classic Residence by Hyatt): Vi is a luxury senior living operator with CCRCs, mentioned on LCS's website as 'LCS and Vi.' It is comparable to LCS's life plan community management services, particularly in the premium CCRC segment.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
LCS social profiles
Digital presenceLCS financial estimates
Financial estimateRevenue estimate
Valuation estimate
LCS leadership team
Management profileNumber of profiles
Profiles5 records
LCS funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LCS M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LCS
What does LCS do?
LCS is a private, not-for-profit senior living management company headquartered in Des Moines, Iowa, that provides comprehensive management, development, consulting, group purchasing, and real estate investment services to senior living communities across the United States. The company operates as the 4th largest operator of life plan and rental senior living communities and is the largest not-for-profit senior living operator in the US, serving 130+ senior living communities.
Is LCS a public or private company?
LCS is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was LCS founded?
LCS was founded in 1970. It employs 501 to 1,000 people.
Where is LCS based?
LCS is headquartered in Des Moines, United States, in the North America region.
How does LCS make money?
Four revenue lines are on record. Management Services Fees are the primary driver. The others are development Services, group Purchasing and real Estate Investment Services.
Who are LCS's main competitors?
Direct peers on record are Atria Senior Living, Sunrise Senior Living, Five Star Senior Living, Senior Lifestyle, Sonida Senior Living, Ascent Living Communities, Trustwell Living and Holiday Retirement. Brookdale Senior Living is listed as a broad incumbent. Vi (formerly Classic Residence by Hyatt) is listed as a regional player.
Does LCS have an API?
No public API is recorded for LCS.
What industry is LCS in?
LCS's product category is Senior Living Management Services. Its primary akta.pro industry code is BPAJAGAI, Senior Living Property Management, with a secondary code of HLADAEAK, Specialty CCRCs (e.g., Memory-Care-Focused, Veteran-Focused). Its NAICS code is 6233 and its SIC code is 6531.