Myron Stratton Home
Myron Stratton Home is a Colorado Springs-based nonprofit providing affordable independent living, Medicaid-certified assisted living, and rent-free campus space for partner nonprofits serving low-income seniors and vulnerable populations in El Paso and Teller counties.
- Company typePrivate
- Founded1902
- HeadquartersColorado Springs, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Myron Stratton Home does
Myron Stratton Home is a Colorado Springs-based nonprofit 501(c)(3) organization operating continuously since 1913 under the endowment and mission established by the will of Cripple Creek gold magnate Winfield Scott Stratton. The organization serves low-income seniors age 62+ and other vulnerable populations in El Paso and Teller counties through a portfolio of programs on its 555 Gold Pass Heights campus. Core operations include independent living (cottages and apartments serving 135 residents), assisted living at Winfield House (a 30-bed Medicaid-certified facility licensed by the Colorado Department of Public Health and Environment), and a Housing Subsidy Program launched in 2021 that has helped 90 seniors remain in their homes while on the waitlist. The newest capacity, Chamberlin Hall, opened phase one in 2025 with 50+ income-restricted apartments and is slated for a 35-unit phase two in spring 2026.
The organization's second operating arm is philanthropic grantmaking. Twice yearly, the Myron Stratton Foundation awards grants to 501(c)(3) nonprofits serving poor elderly, poor children and families, and sick or infirm populations, with $967,000 disbursed to 34 agencies in 2025 and over $10 million distributed to more than 100 organizations cumulatively. Grant applications are managed through the GrantInterface platform with eligibility self-assessment.
The third arm is the Stratton Consortium, formed in 2006, which has invested $8 million to convert 72,000 sq ft of former orphanage buildings into rent-free space for four named nonprofit partners: Partners in Housing, Peak Vista Community Health Centers, TESSA, and Lutheran Family Services. These partners collectively served over 16,700 individuals in 2024, and the imputed value of free rent provided exceeds $10.4 million over the consortium's 19-year history. The organization's revenue mechanics consist of means-tested resident fees (HUD very-low-income-equivalent thresholds), Colorado Medicaid reimbursements for assisted living, endowment investment returns, and a small base of donations; pricing is intentionally income-restricted rather than market-clearing, consistent with the founder's charitable mandate.
Myron Stratton Home firmographics
Firmographics- Name
- Myron Stratton Home
- Legal name
- Myron Stratton Home
- Website
- https://myronstratton.org
- Company type
- Private
- Founded year
- 1902
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Myron Stratton Home is a Colorado Springs-based nonprofit providing affordable independent living, Medicaid-certified assisted living, and rent-free campus space for partner nonprofits serving low-income seniors and vulnerable populations in El Paso and Teller counties.
- Ownership category
- akta.pro rank
Myron Stratton Home industry classification
Industry- Product category
- Senior Living Services
- NAICS
- Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Assisted Living Facilities for the Elderly (623312), Services for the Elderly and Persons with Disabilities (624120)
- SIC
- Services-Nursing & Personal Care Facilities (8050), Services-Social Services (8300)
- akta.pro primary industry
- Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)
- akta.pro secondary industries
- Affordable / Low-Income Assisted Living (Medicaid Waiver Focused) (HLADABAE), Large Campus / Multi-Building Assisted Living Communities (HLADABAG)
Keywords
Where Myron Stratton Home is headquartered
LocationHeadquarters
- HQ city
- Colorado Springs
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Myron Stratton Home business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others, Marketing or Sales
Revenue model
- Senior Living Services: Provides independent and assisted living housing for low-income seniors age 62+. Revenue comes from resident fees based on income limits and Medicaid certifications.
- Grants Program: Awards grants twice yearly to 501(c)(3) nonprofit organizations serving poor elderly, poor children and families, and sick/infirm populations in El Paso and Teller counties. Has awarded over $10 million to over 100 organizations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Independent Living - Income-Qualified Seniors |
| Subscription | Monthly | Assisted Living - Medicaid Certified |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Myron Stratton Home product offering
Product offeringCore offering
Myron Stratton Home is a nonprofit charitable foundation that operates affordable senior housing (independent living cottages and apartments, plus Medicaid-certified assisted living at Winfield House) for low-income persons age 62+ and awards grants twice yearly to 501(c)(3) organizations serving poor elderly, poor children and families, and sick/infirm populations in El Paso and Teller Counties, Colorado. It also runs the Stratton Consortium, providing 72,000 square feet of rent-free campus space to community partner agencies serving vulnerable populations.
Product overview
Myron Stratton Home is a senior living nonprofit organization offering a portfolio of housing and support services for low-income seniors and vulnerable populations in Colorado. The core offerings include: Independent Living (cottages and apartments for seniors 62+), Assisted Living at Winfield House (Medicaid-certified facility for seniors needing daily assistance), and Grants Program (philanthropic funding to 501(c)(3) organizations). The organization also operates the Stratton Consortium (collaborative campus space sharing with four partner agencies), Housing Subsidy Program (rent assistance for waiting list applicants), and Chamberlin Hall (new apartment building opened 2025). Total senior housing capacity is 165 residents, with Winfield House serving 30 Medicaid-eligible seniors and independent living serving 135 seniors.
Differentiator
Problem solved
Functional benefit
Products and services
- Independent Living Housing for older persons aged 62+ with limited income, offering one- and two-bedroom cottages and apartments with paid utilities, transportation to medical appointments and shopping, an activity program, and optional cafeteria meal plan and laundry services.
- Assisted Living (Winfield House) Medicaid-certified assisted living facility providing medication management, personal care assistance, meals with alternate selections, housekeeping, laundry, transportation, and activity programs in private, air-conditioned rooms for individuals enrolled in the Colorado Medicaid Program.
- Grants Program Foundation grants awarded twice yearly to 501(c)(3) nonprofit organizations serving poor elderly, poor children and families, and sick/infirm individuals in El Paso and Teller Counties, Colorado. Applications are submitted via the GrantInterface portal, with cycles opening April 1 and October 1 and deadlines June 1 and December 1.
- Stratton Consortium Collaborative partnership program providing rent-free campus space (72,000 square feet) to community partner organizations including Partners in Housing, Peak Vista Community Health Centers, TESSA, and Lutheran Family Services to serve vulnerable populations.
- Housing Subsidy Program Cash subsidy program for individuals on the independent living waiting list to assist with current housing costs; 90 seniors have received rent assistance to remain in their own homes since launch.
- Chamberlin Hall Independent Living Apartments New income-restricted independent living apartment building that welcomed over 50 aging adults at phase one opening in 2025, with phase two adding 35 more units in 2026.
Quantifiable outcome
- 165 seniors served annually across assisted and independent living facilities
- +3 more outcomes
Companies that use Myron Stratton Home
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
Myron Stratton Home technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Myron Stratton Home partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- Imagery EnlightenedminorVideo production company that produced the Chamberlin Hall Groundbreaking to Grand Opening video in Fall 2025.
- KEPHARTminorArchitecture firm that produced a video in April 2023 about the Myron Stratton Home building project and new independent living apartments construction.
- Partners in HousingcoreProvides homeless families with children the opportunity for self-sufficiency. Located on Stratton campus utilizing renovated orphanage space as part of the Stratton Consortium formed in 2006. Serves poor single parents with children in need or crisis and working toward self-sufficiency.
- Peak Vista Community Health CenterscoreNonprofit health center dedicated to medical and dental services for the uninsured and underinsured in the Pikes Peak region. Located on Stratton campus as part of the Stratton Consortium formed in 2006. Provided services to over 16,700 individuals in 2024.
- TESSAcoreDedicated to issues of domestic violence and sexual assault in El Paso and Teller Counties in Colorado. Located on Stratton campus as part of the Stratton Consortium formed in 2006, helping fulfill Winfield Scott Stratton's legacy of caring for those less fortunate.
- Lutheran Family ServicescoreProvides services and supplies necessary for refugee families to become self-sufficient and integrate into their new communities. Located on Stratton campus as part of the Stratton Consortium formed in 2006.
Scale indicators7 records
Recent moves9 records
Expansion highlights3 records
Myron Stratton Home competitors and assessment
Company assessmentDirect peers
- National Church Residences: National nonprofit affordable senior housing and services provider operating independent living, assisted living, and memory care across 25+ states. Directly comparable to Myron Stratton Home as a mission-driven, faith-rooted nonprofit serving low- and moderate-income seniors with a similar mix of housing, supportive services, and community partnerships.
- Volunteers of America: National nonprofit that operates affordable senior housing, assisted living, and supportive services for low-income seniors and vulnerable populations. Comparable to Myron Stratton Home on mission (serving poor elderly and at-risk groups), funding model (mix of earned fees and philanthropic grants), and multi-site service delivery.
- Benedictine Living Communities: Catholic-sponsored nonprofit operating independent living, assisted living, and skilled nursing communities across the Upper Midwest. Directly comparable to Myron Stratton Home as a nonprofit, mission-driven senior housing provider with a focus on serving older adults regardless of ability to pay and a similar governance/board structure.
- Presbyterian Senior Living: Nonprofit faith-based operator of retirement communities, assisted living, and personal care across Pennsylvania, New York, Maryland, and Delaware. Comparable to Myron Stratton Home on nonprofit status, mixed residential care levels, and an endowment/philanthropy-supported operating model serving older adults.
- Good Samaritan Society: One of the largest U.S. faith-based nonprofit senior care operators, providing housing, assisted living, and skilled nursing across hundreds of locations. Comparable to Myron Stratton Home as a values-driven nonprofit serving seniors across an income spectrum, with a similarly long operating history and emphasis on community-rooted care.
Broad incumbents
- Atria Senior Living: Major national senior living operator with independent living, assisted living, and memory care communities across 200+ locations. Comparable to Myron Stratton Home on offering a continuum of senior housing and care services, though Atria is a private-pay for-profit incumbent focused on higher-acuity and market-rate residents.
- Brookdale Senior Living: Largest U.S. operator of senior living communities, offering independent living, assisted living, and memory care across 700+ communities. Comparable to Myron Stratton Home as a senior housing provider offering the same continuum of care levels, though it serves as a broad for-profit incumbent versus Myron Stratton's nonprofit, affordable-only positioning.
- Sunrise Senior Living: Established national senior living operator with independent living, assisted living, memory care, and skilled nursing communities. Comparable to Myron Stratton Home on assisted living and personal care service delivery to seniors, but operates at national scale in the private-pay segment rather than serving Medicaid-eligible seniors.
Regional players
- Pikes Peak Area Agency on Aging: Local Area Agency on Aging serving El Paso, Park, and Teller counties with senior services, case management, and caregiver support. Comparable to Myron Stratton Home as a Colorado Springs-area senior-serving organization and a likely referral and coordination partner for the same low-income senior population.
- Christian Living Communities: Denver-based nonprofit operating independent living, assisted living, memory care, and skilled nursing in Colorado. Directly comparable to Myron Stratton Home on Colorado geography, nonprofit senior housing model, and faith-inspired mission, though it operates in a different sub-region of the state.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Myron Stratton Home social profiles
Digital presenceMyron Stratton Home compliance and trust
Trust signalCompliance4 records
Myron Stratton Home financial estimates
Financial estimateRevenue estimate
Valuation estimate
Myron Stratton Home leadership team
Management profileNumber of profiles
Profiles10 records
Myron Stratton Home funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Myron Stratton Home M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Myron Stratton Home
What does Myron Stratton Home do?
Myron Stratton Home is a nonprofit charitable foundation that operates affordable senior housing (independent living cottages and apartments, plus Medicaid-certified assisted living at Winfield House) for low-income persons age 62+ and awards grants twice yearly to 501(c)(3) organizations serving poor elderly, poor children and families, and sick/infirm populations in El Paso and Teller Counties, Colorado. It also runs the Stratton Consortium, providing 72,000 square feet of rent-free campus space to community partner agencies serving vulnerable populations.
Is Myron Stratton Home a public or private company?
Myron Stratton Home is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Myron Stratton Home founded?
Myron Stratton Home was founded in 1902. It employs 11 to 50 people.
Where is Myron Stratton Home based?
Myron Stratton Home is headquartered in Colorado Springs, United States, in the North America region.
How does Myron Stratton Home make money?
Two revenue lines are on record. Senior Living Services are the primary driver. The others are grants Program.
Who are Myron Stratton Home's main competitors?
Direct peers on record are National Church Residences, Volunteers of America, Benedictine Living Communities, Presbyterian Senior Living and Good Samaritan Society. Broad incumbents are Atria Senior Living, Brookdale Senior Living and Sunrise Senior Living. Regional players are Pikes Peak Area Agency on Aging and Christian Living Communities.
Does Myron Stratton Home have an API?
No public API is recorded for Myron Stratton Home.
What industry is Myron Stratton Home in?
Myron Stratton Home's product category is Senior Living Services. Its primary akta.pro industry code is HLADAAAB, Affordable/Subsidized Independent Living (HUD/LIHTC) Communities, with a secondary code of HLADABAE, Affordable / Low-Income Assisted Living (Medicaid Waiver Focused). Its NAICS code is 62331 and its SIC code is 8050.