Three Crowns Park
- Company typePrivate
- Founded1894
- HeadquartersEvanston, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
Three Crowns Park firmographics
Firmographics- Name
- Three Crowns Park
- Legal name
- Three Crowns Park
- Website
- https://threecrownspark.org
- Company type
- Private
- Founded year
- 1894
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Three Crowns Park industry classification
Industry- Product category
- Senior Living and Continuing Care Retirement Community (CCRC) Services
- NAICS
- Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Assisted Living Facilities for the Elderly (623312), Nursing and Residential Care Facilities (623)
- SIC
- Services-Nursing & Personal Care Facilities (8050)
- akta.pro primary industry
- General Assisted Living Facilities (HLADABAA)
Keywords
Where Three Crowns Park is headquartered
LocationHeadquarters
- HQ city
- Evanston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Three Crowns Park business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Entrance Fees: One-time entrance fees with three refundability options: 90% refundable, 50% refundable, and 0% refundable (which spends down over 48 months). The entrance fee is based on apartment style selected.
- Monthly Service Fees: Recurring monthly fees based on apartment style and contract type. All services, amenities, and long-term health care are included under Type A Residency Agreements.
- Healthcare Services Revenue: Revenue from skilled nursing, assisted living, memory care, and rehabilitation services. Accepts Medicare, private pay, and some long-term care insurance plans.
- Respite Care: Temporary relief for caregivers with daily discounted rates for assisted living and skilled nursing respite stays.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | 90% Refundable Plan - Higher Entrance Fee |
| Subscription | Monthly | 50% Refundability Plan - Lower Monthly Fee |
| One time/ perpetual license | Multi-year contract | 0% Refundable Plan - Lowest Entrance Fee |
| Unit Pricing | Pay-as-you-go | Assisted Living Respite Care |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Three Crowns Park product offering
Product offeringCore offering
Three Crowns Park is a not-for-profit Life Plan (Continuing Care Retirement Community) operating a seven-acre campus in Evanston, Illinois, that delivers a full continuum of senior living and healthcare services under one roof — independent residential living, assisted living, memory care, skilled nursing, rehabilitation, and respite care — funded primarily through entrance fees and recurring monthly service fees.
Product overview
Three Crowns Park is a not-for-profit Life Plan continuing care retirement community (CCRC) offering a full continuum of senior living and healthcare services on one campus. The community provides Residential Living (independent living apartments), Assisted Living (Landstrom Manor and Colfax House for memory care), Skilled Nursing (short-term post-acute and long-term care), and Rehabilitation services. The Life Care program offers financial protection guaranteeing access to all care levels. Pioneer Place Reimagination represents a major development adding 23 modern residences to the historic campus. Additional amenities include multiple dining venues, wellness programs, and social activities designed around Seven Dimensions of Wellness.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Living (Independent Living) Maintenance-free independent living apartments with multiple floor plans, full kitchens, in-unit washer/dryer, and access to community amenities and dining venues. Designed for active seniors 62+ seeking a carefree retirement lifestyle.
- Assisted Living
- Memory Care Specialized secure care for individuals with Alzheimer's and related dementias, with person-specified programs designed to ease memory loss challenges, offered at Colfax House.
- Skilled Nursing 24-hour licensed nursing care including short-term post-acute care at Hartrey House and long-term skilled nursing services in McDaniel, Hartrey, and Elsa House households. Accepts Medicare, private pay, and some long-term care insurance.
- Rehabilitation Outpatient rehabilitation clinic offering physical, occupational, and speech therapies for recovery, post-acute rehabilitation, and the maintenance of independence.
- Respite Care Temporary relief for primary caregivers with both Assisted Living and Skilled Nursing respite options, available on a daily-rate basis with no minimum stay for assisted living respite (skilled nursing respite capped at 30 days).
- Life Care Program Financial and residency program that guarantees residents access to the full continuum of care (assisted living, memory care, skilled nursing) at predictable monthly rates for life, protecting estates from potentially high long-term care expenses.
- Dining Services Multiple on-campus dining venues including The Dragonfly (fine dining), The Bistro (casual dining), and The Prince & Frog Pub, with chef-prepared meals and sustainable local sourcing.
- Wellness & Life Enrichment Wellness programs built on Seven Dimensions of Wellness, including an aquatic center, fitness center, salon/spa, theater, fine arts studio, and library, plus organized social activities.
- Pioneer Place Reimagination Residences 23 newly reimagined independent living residences in the historic 1909 Pioneer Place building, featuring elegant finishes, private balconies, and modern amenities, blending historic architecture with modern design.
Quantifiable outcome
- Peace of mind knowing healthcare costs are covered for life through Life Care program
- +2 more outcomes
Companies that use Three Crowns Park
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles5 records
Three Crowns Park technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Three Crowns Park partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Covenant Living Communities & ServicescoreThree Crowns Park is an affiliate of Covenant Living, a faith-based organization providing senior living communities and services nationwide. Covenant Living offers delightful living options, innovative programs, and state-of-the-art supportive services across multiple states including Colorado, Florida, Minnesota, Illinois, California, Connecticut, and more. Three Crowns Park operates under the same corporate structure as other Covenant Living communities including Axelson Manor, Brandel Manor, and others.
Scale indicators4 records
Recent moves13 records
Expansion highlights5 records
Three Crowns Park competitors and assessment
Company assessmentDirect peers
- A.G. Rhodes: Non-profit operator of three CCRC campuses in metropolitan Atlanta offering independent living, assisted living, memory care, and skilled nursing. Comparable as a non-profit, faith-inspired CCRC operator of similar community-scale, though serving a different regional market.
- Presbyterian Senior Living: Non-profit faith-based organization operating multiple CCRC campuses in Pennsylvania and surrounding states, offering independent living, assisted living, memory care, skilled nursing, and rehabilitation. Highly comparable as a non-profit multi-campus CCRC operator with similar mission-driven positioning.
- CJE SeniorLife: Chicago-area non-profit senior services organization offering independent living, assisted living, memory care, skilled nursing, and community-based services. Highly comparable in mission, geographic market, and full continuum-of-care model, though anchored in a Jewish-community heritage rather than a Swedish heritage.
- Life Care Services (LCS): Largest manager of Life Plan Communities (CCRCs) in the United States, managing 140+ communities including many non-profits. Highly comparable in Life Plan/CCRC business model, with similar entrance-fee plus monthly-fee revenue structure, though LCS is a third-party management company rather than an owner-operator.
- Otterbein SeniorLife: Non-profit senior living provider in Ohio operating a network of CCRC campuses offering the full continuum of care including independent living, assisted living, memory care, skilled nursing, and rehabilitation. Closely comparable as a non-profit CCRC operator at similar scale to Three Crowns Park.
- Friendship Senior Options: Non-profit operator of Life Plan Communities in the Chicago suburbs (Friendship Village of Schaumburg and other locations) offering independent living, assisted living, memory care, and skilled nursing. Highly comparable in mission, structure, and Chicago-area market focus.
Broad incumbents
- Brookdale Senior Living: Largest U.S. senior living operator with hundreds of communities across independent living, assisted living, and memory care. Comparable in core service categories but operates nationally as a public for-profit company at a fundamentally larger scale than Three Crowns Park's single campus.
- Sunrise Senior Living: National senior living provider offering assisted living, memory care, independent living, and short-term stays. Comparable in continuum of care and premium positioning, but operates at scale across multiple U.S. states and is owned by Welltower (real estate) and Revera (operations).
- Atria Senior Living: National senior living operator with communities offering independent living, assisted living, and memory care. Comparable in service mix and amenity-rich model, but operates at substantially greater scale and is owned by private equity (Watermark Retirement Communities-style growth capital structure).
Emerging players
- Belmont Village Senior Living: Privately held senior living operator with a network of communities offering independent living, assisted living, and memory care, often co-located with hospitals. Comparable in service mix and amenity-rich positioning, though operating at larger scale and in more markets than Three Crowns Park.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Three Crowns Park social profiles
Digital presenceThree Crowns Park compliance and trust
Trust signalCompliance1 record
Three Crowns Park financial estimates
Financial estimateRevenue estimate
Valuation estimate
Three Crowns Park leadership team
Management profileNumber of profiles
Profiles1 record
Three Crowns Park funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Three Crowns Park 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 Three Crowns Park
What does Three Crowns Park do?
Three Crowns Park is a not-for-profit Life Plan (Continuing Care Retirement Community) operating a seven-acre campus in Evanston, Illinois, that delivers a full continuum of senior living and healthcare services under one roof — independent residential living, assisted living, memory care, skilled nursing, rehabilitation, and respite care — funded primarily through entrance fees and recurring monthly service fees.
Is Three Crowns Park a public or private company?
Three Crowns Park is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Three Crowns Park founded?
Three Crowns Park was founded in 1894. It employs 101 to 250 people.
Where is Three Crowns Park based?
Three Crowns Park is headquartered in Evanston, United States, in the North America region.
How does Three Crowns Park make money?
Four revenue lines are on record. Entrance Fees are the primary driver. The others are monthly Service Fees, healthcare Services Revenue and respite Care.
Who are Three Crowns Park's main competitors?
Direct peers on record are A.G. Rhodes, Presbyterian Senior Living, CJE SeniorLife, Life Care Services (LCS), Otterbein SeniorLife and Friendship Senior Options. Broad incumbents are Brookdale Senior Living, Sunrise Senior Living and Atria Senior Living. Belmont Village Senior Living is listed as an emerging player.
Does Three Crowns Park have an API?
No public API is recorded for Three Crowns Park.
What industry is Three Crowns Park in?
Three Crowns Park's product category is Senior Living and Continuing Care Retirement Community (CCRC) Services. Its primary akta.pro industry code is HLADABAA, General Assisted Living Facilities. Its NAICS code is 6233 and its SIC code is 8050.