SRI Management

What SRI Management does

SRI Management is a privately held senior living management company headquartered in Tallahassee, Florida, founded in 2000 by current CEO Don W. Bishop. The company manages approximately 59 senior living communities across 17 U.S. states, supported by 3,940+ employees across community operations and corporate functions, including clinical services, sales, HR, IT, and accounting layers organized under a sister services entity, SR Companies.

The operating model is a hybrid management-services and affiliated-brand structure. SRI delivers four care levels — Independent Living, Assisted Living, Enhanced Assisted Living (a proprietary concept for early-stage dementia), and Memory Care — through directly managed communities and two affiliated brand channels: Impact Senior Living and Midsouth Senior Management. Three registered signature programs anchor the differentiated offering: HEARTFUL Care® (clinical and emergency-response framework), ARTFUL Dining® (restaurant-style dining experience), and ZESTFUL Activities® (engagement programming). Technology is largely off-the-shelf — EHR/EMR systems, Caremerge for family engagement, Paycom for HR/payroll, Microsoft 365 for productivity — with a single AI integration (SafelyYou fall detection) deployed at one community. Pricing is all-inclusive and billed monthly with month-to-month flexibility and a 30-day satisfaction guarantee.

Revenue is generated primarily through management fees paid by property owners and developers (notably Sage Development Group) and through affiliated-brand operations. Distribution is direct and relationship-driven: Divisional Directors of Sales and a Senior VP of Sales run community-level sales; new communities are acquired via developer partnerships and affiliated-brand roll-ups. The customer base spans two ends — enterprise B2B counterparties (property owners, developers, affiliated-brand partners) on the contracting side and a long-tail of mid-market senior residents and their families on the payer side. The company has no institutional capital, no disclosed funding rounds, and operates independently under founder ownership.

Name

SRI Management

Legal name

SRI Management

Website

https://srimgt.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

501–1,000 employees

Short description

SRI Management is a privately held, founder-owned senior living management company operating approximately 59 Independent Living, Assisted Living, Enhanced Assisted Living, and Memory Care communities across 17 U.S. states under the HEARTFUL Care, ARTFUL Dining, and ZESTFUL Activities signature programs.

Ownership category

akta.pro rank

Product category

Senior Living Management

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Assisted Living Facilities for the Elderly (623312), Continuing Care Retirement Communities (623311), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Assisted Living with Enhanced Care / High-Acuity (Aging-in-Place) (HLADABAC)

akta.pro secondary industries

Memory Care Units within Assisted Living Communities (HLADACAB), Luxury/Resort-Style Independent Living Communities (HLADAAAC), Senior Living Property Management (BPAJAGAI)

Keywords

• Senior living management
• Assisted living services
• Memory care services
• Independent living communities
• Senior housing management

Headquarters

HQ city

Tallahassee

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Senior Living Community Management Fees: SRI Management manages senior living communities for property owners and developers, earning management fees. The company provides operational management, accounting, HR functions, marketing consultation, and sales support to communities throughout the United States.
2. Heart-2-Heart Acts of Kindness Fund: Since January 2019, SRI Management returns 1% of its management fee each month to each community's Heart-2-Heart Acts of Kindness Fund, managed locally by communities to support individuals, not-for-profit groups, church groups, or organizations in need.
3. Affiliated Brand Operations: SRI Management supports affiliated brands including Impact Senior Living and Midsouth Senior Management with operational support, strategic direction, and infrastructure for consistent high-quality performance.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

SRI Management operates and manages senior living communities offering Independent Living, Assisted Living, Enhanced Assisted Living, and Memory Care services across 17 U.S. states. The company delivers operational management, accounting, HR functions, marketing consultation, and sales support to communities owned by property developers and investors. Three proprietary signature programs (HEARTFUL Care, ARTFUL Dining, ZESTFUL Activities) differentiate the resident experience across all care levels.

Product overview

SRI Management is a senior living management company that operates a portfolio of nearly 60 senior living communities across the southeastern and midwestern United States. The company's service offering consists of four primary care levels—Independent Living, Assisted Living, Enhanced Assisted Living, and Memory Care—delivered through multiple branded community lines and affiliated companies. Core operations are supported by three signature programs: HEARTFUL Care (clinical and emergency response), ARTFUL Dining (restaurant-style dining experience), and ZESTFUL Activities (engagement programming). The company operates both directly branded communities (including The Landing, The Glen, Westhill, Seagrass Village, Sunflower Springs, The Colonnade, and Heron brands) and through affiliated management partnerships with Impact Senior Living and Midsouth Senior Management, which provide operational infrastructure and strategic support.

Differentiator

Problem solved

Functional benefit

Brands

• HEARTFUL Care: Comprehensive care program offering wellness programs, managed care, emergency response systems, and 24/7 staff availability for assisted living and memory care residents.
• ARTFUL Dining
• ZESTFUL Activities

Products and services

• Independent Living Resort-style living service for active seniors featuring villas and apartments with fitness centers, salons, bars and bistros, wellness seminars, and live entertainment in communities located near shopping, restaurants, and medical providers.

Quantifiable outcome

• 30-day satisfaction guarantee refund of community deposit and rent for dissatisfied new residents
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Compassion InternationalminorOthers · 1 January 2019Highly transparent non-profit partnership for international giving. Compassion International's mission is to provide critical assistance for children such as disaster relief, nutrition support, and medical needs.
• Midsouth Senior ManagementcoreStrategic or Co-development PartnerStrategic partnership where SRI Management provides accounting, human resource functions expertise, marketing consultation, and sales support to Midsouth Senior Management communities. Midsouth Senior Management expanded into Illinois, Michigan, and Ohio with four new communities in July 2026.
• Sage Development GroupcoreStrategic or Co-development PartnerIndustry-leading developer renowned for bespoke design, custom construction, and flexible finance capabilities. Projects completed or in development throughout southeast and mid-Atlantic regions, creating stunning senior housing that is environmentally responsible, financially healthy, and energy efficient.
• SR CompaniescoreStrategic or Co-development PartnerSister company leading many day-to-day functions such as marketing, market research, HR policy and benefits, communications, information technology, and administration.
• Florida Senior Living AssociationcoreOthersProfessional association where Marisa Strain serves as education committee chair. SRI Management actively participates in FSLA conferences, leadership development programs (Leadership FSLA), and recognition awards including the Emily Adkins Bright Star Award.
• Florida Senior Living InstituteminorOthersLeadership development program through Leadership FSLA for professionals serving in assisted living, memory care, and independent living communities. Taylor Maya and Jasmin Dickson graduated from this program in July 2026.

Scale indicators5 records

Recent moves12 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sri-management-llc
• Xx.com/sri_mgt_alerts
• Facebookfacebook.com/srimgtllc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 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 SRI Management