Friends Fellowship Community

What Friends Fellowship Community does

Friends Fellowship Community, Inc. (FFC) is a not-for-profit continuing care retirement community (CCRC) established in 1958 and opened to its first residents on February 6, 1965, on a 125-acre campus at 2030 Chester Boulevard, Richmond, Indiana. Founded in the Quaker tradition, FFC is the only CCRC in Wayne County and provides a full continuum of care across four service lines: Independent Living (including Independent Housing and Independent Living Apartments), Assisted Living, The Courtyards (a dedicated Alzheimer's and dementia memory care unit), and a Health Care Center for skilled nursing and rehabilitation. The community also offers a Life Care Program, a contractual lifetime care arrangement that guarantees residents access to the full continuum of services regardless of their financial status, supported by an endowment fund.

FFC's revenue model combines one-time entrance fees (amortized over 24 months with declining refund provisions) with recurring monthly care fees that cover accommodation, meals, housekeeping, maintenance, utilities, transportation, and 24-hour emergency call systems. Healthcare and skilled nursing services are provided in-house and billed within the Life Care contract or separately depending on care level. The organization employs a three-person dedicated sales team (Director of Sales, Sales Counselor, and Sales Associate & Grants Coordinator) executing a sales-led GTM motion reinforced by recurring community events such as monthly Walk-In Wednesdays, an annual Senior Volunteer Expo, health fairs, and Alzheimer's awareness fundraisers. Pricing is quote-based and not publicly disclosed, with individualized financial assessments required for admission.

The company is governed by a Board of Trustees that meets quarterly, with annual audits performed by Crowe LLP. The workforce is estimated at 70+ employees based on the 2025 Employee Awards Banquet recognitions, spanning clinical, dining, housekeeping, maintenance, activities, and administrative functions across the single Richmond campus. FFC serves approximately 150 residents in meal service and has remained continuously operational for 60 years as of 2024, with no disclosed plans for geographic or multi-site expansion.

Name

Friends Fellowship Community

Legal name

Friends Fellowship Community, Inc.

Website

https://ffcinc.org

Company type

Private

Founded year

1958

Operating status

Operating

Headcount range

101–250 employees

Short description

Friends Fellowship Community is a not-for-profit continuing care retirement community in Richmond, Indiana, offering a full continuum of senior living services — independent living, assisted living, memory care, and skilled nursing — to approximately 150 residents on a 125-acre campus.

Ownership category

akta.pro rank

Product category

Continuing Care Retirement Community (Senior Living Services)

NAICS

Continuing Care Retirement Communities (623311), Nursing and Residential Care Facilities (623)

SIC

Services-Skilled Nursing Care Facilities (8051), Services-Nursing & Personal Care Facilities (8050)

akta.pro industry

PRIMARYHLADAEAA

Life Plan / Entrance-Fee CCRCs

Healthcare & Life Sciences/Elder Care & Long-Term Care/Continuing Care Retirement Communities (CCRC)

SECONDARYHLADAEAE

Single-Site CCRCs

Healthcare & Life Sciences/Elder Care & Long-Term Care/Continuing Care Retirement Communities (CCRC)

SECONDARYHLADAEAC

Nonprofit / Faith-Based CCRCs

Healthcare & Life Sciences/Elder Care & Long-Term Care/Continuing Care Retirement Communities (CCRC)

SECONDARYHLADACAD

Continuing Care Retirement Communities (CCRC) with Memory Care

Healthcare & Life Sciences/Elder Care & Long-Term Care/Memory Care (Dementia/Alzheimer’s) Communities

Keywords

• Senior living services
• Continuing care retirement
• Memory care services
• Assisted living community
• Independent living housing

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others, Marketing or Sales

Revenue model

1. Entrance Fees: Residents pay a one-time entrance fee upon joining the Life Care program, which guarantees their place in the community. The entry fee is amortized over the first 24 months of residency, with at least a partial refund available during that period. After two years, no refundable portion remains. The fee is based on the size and style of residence chosen and whether one or two occupants occupy the unit.
2. Monthly Care Fees: Residents pay recurring monthly fees that cover living costs, meals, housekeeping, maintenance, snow removal, laundry, 24-hour emergency call systems, utilities, and scheduled transportation. Monthly fees vary based on residence style and the array of services provided.
3. Healthcare and Skilled Nursing Services: As a CCRC, FFC generates revenue from in-house healthcare services including skilled nursing, memory care (The Courtyards), assisted living, and rehabilitation services. These services are covered within the Life Care contract or billed separately depending on the resident's care level.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Friends Fellowship Community operates a single-site Continuing Care Retirement Community (CCRC) on a 125-acre campus in Richmond, Indiana. It provides a full continuum of senior living services across four care levels: Independent Living, Assisted Living, Memory Care (The Courtyards), and Skilled Nursing (Health Care Center). Residents typically enter through a Life Care contract with a one-time entrance fee plus recurring monthly fees covering housing, meals, utilities, housekeeping, transportation, and 24/7 emergency call systems.

Product overview

Friends Fellowship Community operates as a single-site continuing care retirement community (CCRC) offering an integrated portfolio of senior living products spanning four distinct care levels: Independent Living for active seniors seeking maintenance-free accommodations; Assisted Living for those requiring daily living support; The Courtyards Memory Care for Alzheimer's and dementia patients; and a Health Care Center providing skilled nursing services. The community also offers a Life Care Program—an optional contractual arrangement guaranteeing lifetime access to the full continuum of services. Residents can transition between care levels within the same community as their needs evolve, eliminating the need to relocate to different facilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living Self-contained residential units (apartments and Independent Housing) for active older adults who can live independently. Includes maintenance-free living, dining services, housekeeping, snow removal, lawn care, utilities, scheduled transportation, 24-hour emergency call systems, and access to social activities. Pet-friendly policy applies to Independent Housing since 2016.
• Assisted Living Long-term residential care for individuals who need help with everyday activities such as bathing, dressing, washing, and medication management. Provided in a safe community environment that maintains an active residential lifestyle with personalized support.
• The Courtyards (Memory Care)

Quantifiable outcome

• People living in a retirement community are physically and mentally healthier than people living alone.
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered minor.

• Richmond Art Museum (RAM)minorStrategic or Co-development Partner · 1 January 2026FFC was part of the Richmond Art Museum's new Foster Fellowship program, which brought Indianapolis-based artist Kate Orr to the community for a week of creativity and connection, including a paint-along with FFC residents.
• 16 Local Community Organizations (Senior Volunteer Expo)minorStrategic or Co-development Partner · 1 April 2025FFC's 2nd Annual Senior Volunteer Expo featured 16 local organizations including Abilities Richmond, Achieva Resources, Boys & Girls Clubs of Wayne County, Civic Hall Performing Arts Center, Cope Environmental Center, Hayes Arboretum, Help the Animals, Levi & Catharine Coffin State Historic Site, LifeStream Services, Model T Museum, Old National Road Welcome Center, Opening Minds through Art, Reid Health Volunteer Services, Richmond Parks and Recreation, Richmond Senior Recreation Center, and Wayne County COAD.
• American Red CrossminorStrategic or Co-development Partner · 1 January 2025FFC partnered with the American Red Cross to host a blood drive on January 24, 2025, collecting 22 units of blood potentially saving 72 lives. A summer blood drive was also planned for July 2025. The Red Cross plays a crucial role in disaster relief and supplies 40% of the nation's blood.
• Green Tree PlasticsminorStrategic or Co-development Partner · 1 October 2024Green Tree Plastics in Evansville, Indiana processed 650 pounds of plastic collected by FFC residents and staff, converting it into three recycled plastic benches for the FFC campus. The partnership diverted plastic from landfills and created new community amenities.
• Wetzel AutominorStrategic or Co-development PartnerWetzel Auto generously loaned a truck to FFC resident Judy Peacock for the trip to Evansville to deliver 650 pounds of recycled plastic to Green Tree Plastics.
• Meijer & CVS (Chester Boulevard)minorStrategic or Co-development PartnerMeijer and CVS pharmacies on Chester Boulevard made generous donations of medication lids to support the plastic recycling initiative that FFC resident Judy Peacock led to create recycled benches.
• Medi-Trek TransportationminorStrategic or Co-development PartnerMedi-Trek Transportation owner Rob Baughman provided transportation to FFC resident Anna Lou Arnett to visit her late husband's gravesite in Winchester, Indiana as part of her 100th birthday celebration.
• Richmond Community Food PantryminorStrategic or Co-development PartnerFFC's Photos with Santa events encourage canned food donations to benefit the Richmond Community Food Pantry. Proceeds and donations from the event were delivered to the food pantry.
• Gateway Hunger Relief CenterminorStrategic or Co-development PartnerFFC's Easter Bunny photo event collected 76 canned goods which were donated to Gateway Hunger Relief Center to support local food security.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Life Care Services: One of the largest CCRC management companies in the United States, managing or owning over 140 Life Plan communities nationwide. Comparable as a broad incumbent that competes for the same Life Plan CCRC model and may expand into FFC's geographic territory.
• Atria Senior Living: A large for-profit senior living operator with communities across the Midwest offering independent living, assisted living, and memory care. Comparable as a broad incumbent providing similar services to senior residents in the broader Indiana/Ohio regional market.
• Sunrise Senior Living: A large senior living operator known for assisted living and memory care services with a national footprint. Comparable as a broad incumbent offering the same continuum-of-care services in Midwest markets.
• Trilogy Health Services: A large for-profit senior living operator headquartered in Louisville, Kentucky with a significant Indiana footprint offering assisted living, memory care, and skilled nursing across multiple campuses. Comparable as a senior-living incumbent competing for similar East Central Indiana resident pools, but at greater scale and with capital-markets access.
• Brookdale Senior Living: The largest senior living operator in the United States with communities spanning independent living, assisted living, memory care, and skilled nursing. Comparable as a broad incumbent that competes for similar senior-living customer demand in Indiana and neighboring states.

Direct peers

• Westminster Village Muncie: A non-profit CCRC in Muncie, Indiana delivering independent living, assisted living, memory care, and skilled nursing under a Life Care-style contract. Comparable as another Indiana-based single-site CCRC serving East Central Indiana seniors with a similar product mix.
• Peabody Retirement Community: A non-profit continuing care retirement community in North Manchester, Indiana offering independent living, assisted living, memory care, and skilled nursing. Direct comparable in terms of single-site, non-profit, full-continuum CCRC operating in a rural Indiana community similar to Richmond.
• Heritage Pointe of Warren: A single-site, faith-based, non-profit continuing care retirement community in Warren, Indiana offering independent living, assisted living, memory care, and skilled nursing on one campus — closely mirroring FFC's structure, ownership model, and continuum-of-care approach in a similar small Indiana market.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/FriendsFellowshipCommunity

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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 Friends Fellowship Community