Fraiser

What Fraiser does

Frasier is a nonprofit Life Plan Community (continuing care retirement community) located on a 20-acre campus at 350 Ponca Place in Boulder, Colorado, founded in 1960 on land donated by Elmer and Mayme Frasier. The organization serves nearly 500 older adults across a full continuum of care, including independent living in The Peaks and The Prairies buildings, assisted living and memory support in The Meadows, skilled nursing and rehabilitation in The Summit Care Center (Medicare 5-Star rated), and the Meadows Day Program for adults with dementia. Supporting amenities include a state-of-the-art Wellness Center with warm-water therapy pool and specialized fitness classes, three distinct dining venues (Mayme's Market, North Fork Dining, South Fork Dining), and a permanent history exhibition called Heritage Hall that opened in January 2026.

The business model combines large one-time entry/membership fees (ranging from $457,633 to $1,005,860 depending on residence type) with recurring monthly service fees of $6,886 to $7,761, alongside all-inclusive pricing in assisted living and memory support with no community fees. Revenue is supplemented by philanthropy to the 501(c)(3) entity (Tax ID #84-0503809) and healthcare service revenue from higher-acuity care levels. Frasier accesses tax-exempt capital markets through the Colorado Health Facilities Authority, most recently closing a $44.14 million Series 2025A Bond in November 2025 for refinancing and expansion, and carries a Fitch BBB/Stable rating.

The go-to-market is community-led and referral-driven: a waitlist exceeding 800 prospective residents, partnerships with Boulder Community Health, intergenerational programming with University of Colorado Boulder, arts collaborations with the Boulder Museum of Contemporary Art, and resident-led community grantmaking via the Seniors for Seniors program. The organization employs 300+ team members across nursing, dining, facilities, wellness, and administration, is governed by a Board of Directors, and is a member of the Novare consortium of forward-thinking Life Plan Communities. CEO Christie Hinrichs, appointed in September 2023, currently serves as Chair of the LeadingAge Board of Directors.

Name

Fraiser

Legal name

Frasier

Website

https://frasiermeadows.org

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

251–500 employees

Short description

Frasier is a nonprofit Life Plan Community on a 20-acre campus in Boulder, Colorado, serving nearly 500 older adults across independent living, assisted living, memory support, skilled nursing, and adult day programs through a continuum-of-care model funded primarily by entry fees and recurring monthly service revenue.

Ownership category

akta.pro rank

Product category

Senior Living Services (Life Plan Community)

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Assisted Living Facilities for the Elderly (623312), Nursing Care Facilities (Skilled Nursing Facilities) (62311), Nursing and Residential Care Facilities (623)

SIC

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

akta.pro industry

PRIMARYHLADAKAB

Facility-Based Respite (Assisted Living/SNF/Memory Care Short Stays)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Respite Care Services (Short-Term Elder Care)

SECONDARYHLADAIAG

Respite-Focused Adult Day Programs (Caregiver Relief)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Adult Day Health Care & Senior Day Care

SECONDARYHLADAKAG

Dementia/Alzheimer’s Respite Care (Specialized)

Healthcare & Life Sciences/Elder Care & Long-Term Care/Respite Care Services (Short-Term Elder Care)

SECONDARYHSABAIAD

Chronic Care & Complex Care Management

Home & Personal Services/Elder Care & In-Home Care Services/Care Coordination & Geriatric Care Management

Keywords

• Senior living community
• Life plan community
• Assisted living services
• Memory support care
• Skilled nursing care

Headquarters

HQ city

Boulder

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Independent Living Membership Fees: One-time entry/membership fees ranging from $457,633 to $1,005,860 depending on apartment type, plus monthly service fees from $6,886 to $7,761. Second person fees additional. Membership confers access to campus facilities, services, and priority admission to higher levels of care.
2. Philanthropy and Donations: Tax-deductible donations to the 501(c)(3) nonprofit organization supporting community programs, facility enhancements, and resident assistance funds. Tax ID #84-0503809.
3. Healthcare Services Revenue: Revenue from assisted living, memory support, skilled nursing, and day program services provided to residents requiring higher levels of care. The Meadows offers all-inclusive pricing with no community fees.
4. Bond Financing: Series 2025A Bonds issued through Colorado Health Facilities Authority for refinancing and expansion projects. Ziegler served as the specialty investment bank for the $44,140,000 financing.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Frasier is a nonprofit Life Plan Community operating on a 20-acre campus in Boulder, Colorado, providing a full continuum of senior living and care services. Core offerings include Independent Living residences (The Peaks and The Prairies), The Meadows Assisted Living with 19 apartments, Memory Support for dementia care, The Summit Care Center for skilled nursing, and The Meadows Day Program for adult day services. Supporting amenities include a state-of-the-art Wellness Center with therapy pool, three dining venues, and extensive activities and community programming. Residents can transition seamlessly between care levels as their needs change.

Product overview

Frasier is a Life Plan Community offering a full continuum of senior living and care services. The community operates through multiple distinct living options including Independent Living (The Peaks and The Prairies buildings), The Meadows Assisted Living with 19 apartments, Memory Support services for dementia care, The Summit Care Center for skilled nursing, and The Meadows Day Program for adult day services. Supporting amenities include a state-of-the-art Wellness Center with therapy pool and fitness classes, three dining venues (Mayme's Market, North Fork Dining, and South Fork Dining), Heritage Hall history exhibit, and virtual tour capabilities. The community is currently planning a new expansion called The Vistas. Residents can transition seamlessly between care levels as their needs change, all within the 20-acre Boulder campus.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living Spacious, modern apartments in The Peaks and The Prairies buildings with panoramic Flatiron views, offering active senior living with services, amenities, and priority access to higher levels of care. Entry fees range from $457,633 to $1,005,860 and monthly service fees range from $6,886 to $7,761 depending on apartment type.
• The Meadows Assisted Living Assisted living community with 19 custom apartments providing 24/7 care, medication management, dining assistance, and tailored care plans for residents needing support with daily activities. All-inclusive monthly pricing with no community fee.
• Memory Support Secure memory support residence within The Meadows with 19 apartments (studios to one-bedrooms) offering person-centered dementia care, validation therapy, and therapeutic activities for individuals with Alzheimer's or other forms of dementia. All-inclusive monthly pricing.
• The Summit Care Center (Skilled Nursing) Around-the-clock skilled nursing care with registered nurses, licensed practical nurses, and certified nursing assistants providing compassionate long-term and short-stay rehabilitation care. Holds a 5-Star Medicare rating.
• The Meadows Day Program Adult day services for individuals with Alzheimer's or dementia, offering social activities, cognitive stimulation, health services, and respite for caregivers from 9am-4pm daily. Half- and full-day arrangements available.
• Wellness Center State-of-the-art wellness facility featuring strength training, cardio, warm-water therapy pool, lap pool, acupuncture, full-service salon, massage therapy, and diverse fitness classes including specialized programs for Parkinson's, balance, yoga, meditation.
• Dining Services Multiple dining venues including Mayme's Market (coffee bistro), North Fork Dining (breakfast/lunch), and South Fork Dining (upscale dinner), featuring local seasonal ingredients and all-inclusive meal plans.
• Virtual Tour Immersive digital experience enabling prospective residents and families to explore Frasier's 20-acre campus, residences, amenities, and community spaces remotely.

Quantifiable outcome

• 5-star Medicare rating for The Summit Care Center skilled nursing facility
• +4 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, minor and major.

• LeadingAgecoreStrategic or Co-development Partner · 1 January 2026National association representing over 5,400 nonprofit aging services providers. CEO Christie Hinrichs serves as Board Chair starting January 2026. Frasier has been represented on LeadingAge Board of Directors since 2015. Partnership provides advocacy, education, research, and collaboration to strengthen aging services field.
• Seniors for Seniors (S4S) Grant Program RecipientsminorGTM or Marketing Partner · 1 June 2025$99,500 in grants awarded to five local organizations: Boulder Housing Partners ($36,000), Presbyterian Manor ($17,000), Sister Carmen Community Center ($18,000), TRU PACE ($18,500), and Harvest of Hope ($15,000). Frasier residents lead the grant process through the Seniors for Seniors program, addressing food insecurity, housing instability, and healthcare access for underserved seniors.
• Boulder Museum of Contemporary Art (BMoCA)majorStrategic or Co-development PartnerPartnership for Heritage Hall, Frasier's permanent history exhibition celebrating 65 years of community legacy. Collaboration included close work with BMoCA's Exhibition Designer Megan Adams, Art in Public Places Program Manager at CU Boulder, and Public Program Assistant at Longmont Museum. Also partnered for the Art for the Ocean: A Coral Collective project featuring hand-crocheted coral reef installation.
• Kutandara StudiomajorStrategic or Co-development PartnerMusic education partner providing instruction for Frasier's Vakuru Marimba Band. Executive Director Amy Stewart McIntosh and Board Member Kari Armstrong serve as instructors. Band performed at 2025 LeadingAge Annual Meeting in Boston. The partnership launched campus-wide musical movement with two dedicated music studios supported by $200,000+ in resident and donor contributions.
• NovarecoreStrategic or Co-development PartnerNovare is a consortium of forward-thinking, single-site and small system Life Plan Community providers founded in 2012. Frasier is a member, collaborating with communities from Hawaii to Connecticut and Montana to Florida to share best practices, operating philosophies, and financial models to advance senior living.
• Mountain View United Methodist ChurchmajorStrategic or Co-development PartnerLong-time neighbors with shared history. Frasier and MVUMC are working together on The Vistas expansion project, extending onto a portion of the church property. Underground parking proposed to serve both Frasier residents and MVUMC congregation.
• Boulder Community HealthcoreStrategic or Co-development PartnerMajor healthcare system partnership. Board member Jackie Attlesey-Pries serves as VP of Operations and Chief Nursing at Boulder Community Health. Strategic relationship for healthcare referrals and continuum of care coordination.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Presbyterian Manors of Mid-America: Faith-based, nonprofit operator of 16 senior living communities across Kansas, Missouri, and Texas offering independent living, assisted living, memory care, and skilled nursing; directly comparable nonprofit CCRC operating model.
• Kendal Corporation: A nonprofit consortium of 14 Life Plan Communities across nine states; directly comparable to Frasier as a multi-site CCRC operator, and Frasier's Chief Growth Officer previously served as Kendal's CMO.
• Goodwin House: Nonprofit Life Plan Community operator in the Mid-Atlantic with independent living, assisted living, memory support, and skilled nursing; comparable model and Frasier's CGO previously led marketing and served as president at Goodwin House.
• Tabitha Healthcare: Nebraska-based nonprofit senior living and healthcare provider offering the full continuum of care; closely comparable nonprofit CCRC model and former employer of Frasier's current CEO.

Broad incumbents

• Erickson Senior Living: Large for-profit operator of multiple continuing care retirement communities across the U.S.; comparable Life Plan Community model and customer base but at significantly larger scale and geographic breadth than Frasier.
• Life Care Services: One of the largest managers of senior living communities in the U.S., including CCRCs; comparable service offering and target resident base, with broader portfolio and third-party management footprint.
• Brookdale Senior Living: Largest U.S. senior living operator with broad assisted living, memory care, and independent living portfolio; comparable resident segments and service lines but for-profit and operating at much greater scale and geography.
• Sunrise Senior Living: National for-profit operator focused on assisted living and memory care with a strong clinical reputation; overlaps with Frasier's assisted living and memory support offerings but lacks Frasier's integrated IL/SNF continuum on a single campus.

Others

• Boulder Community Health: Major Boulder-area health system with strategic partnership overlap (board member, referral channel); not a competing senior living provider but a key clinical partner for Frasier's skilled nursing and rehabilitation services.
• Novare (Senior Living Consortium): Consortium of forward-thinking, single-site and small system Life Plan Communities that Frasier belongs to; serves as a peer benchmarking and best-practice network rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/frasiermeadows
• YouTubevimeo.com/showcase/11040402
• Facebookfacebook.com/FrasierMeadows
• LinkedInlinkedin.com/company/frasier-lpc
• Instagraminstagram.com/frasierlpc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

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 Fraiser