RIVERS EDGE ASSISTED LIVING, INC.

What RIVERS EDGE ASSISTED LIVING, INC. does

Rivers Edge Assisted Living, Inc. operates a single, 41-room assisted living facility at 11 Minnesota Ave S in Aitkin, Minnesota, serving seniors who require assistance with daily living activities, medication management, personal hygiene, and, in some cases, skilled medical or memory care. The company offers four room configurations — Studio (353 sq ft), 1 Bedroom (410 sq ft), 1 Bedroom (552 sq ft), and Suite (664 sq ft) — eight of which are premium river-view suites overlooking the Ripple River. Each room includes a private handicap-accessible bath, in-floor heating, secure lock, central air, and individual thermostat; common amenities include a beauty shop, whirlpool rooms, dining room, lounges, outdoor gardens, and river-facing grounds.

The company's underlying technology stack is intentionally light and centered on resident safety: an Emergency Response System with wearable pendant access for all residents, combined with 24-hour trained staff supervision and a resident safety monitoring system. Care delivery is supported by on-site training infrastructure — an RN delivers Home Health Aide training, all staff complete 8-hour dementia training upon hire plus annual refreshers, and medication administration training is provided internally — reducing external hiring dependency in a labor-constrained market.

Commercially, the company runs a direct-to-consumer model: families inquire via phone, email, or a website contact form, schedule in-person or virtual tours (with a YouTube virtual tour video available for remote prospects), and pay monthly subscription rates that vary by room size and service level. Three home-cooked meals daily, weekly housekeeping and laundry, local transportation to medical appointments, activities programming, and basic cable/telephone are bundled into the base rate, with add-on health services (skilled nursing visits, diabetic/insulin management, bathing assistance, medication setup, dressing changes) priced separately. Revenue is generated through private-pay residents alongside Elderly Waiver (EW) and Community Alternatives for Disabled Individuals (CADI) Medicaid waivers, expanding the addressable payer mix. The facility is family-owned and operated with no disclosed institutional ownership, no funding rounds, no M&A activity, and no partnerships; operating geographies are limited to the Midwest United States.

Name

RIVERS EDGE ASSISTED LIVING, INC.

Legal name

Rivers Edge Assisted Living, Inc.

Website

https://riversedgeassistedliving.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Rivers Edge Assisted Living, Inc. operates a single 41-room assisted living facility in Aitkin, Minnesota, providing residential care, adult day services, and respite care to seniors requiring daily living assistance, medication management, and memory care.

Ownership category

akta.pro rank

Product category

Assisted Living Services

NAICS

Assisted Living Facilities for the Elderly (623312), Services for the Elderly and Persons with Disabilities (624120), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331)

SIC

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

akta.pro primary industry

General Assisted Living Facilities (HLADABAA)

akta.pro secondary industries

Assisted Living with Enhanced Care / High-Acuity (Aging-in-Place) (HLADABAC), Assisted Living with Memory Care (Mixed Campus) (HLADABAB), Adult Day Respite Programs (Daytime Relief) (HLADAKAC)

Keywords

• Assisted living services
• Senior residential care
• Adult day services
• Memory care facility
• Respite care services

Headquarters

HQ city

Aitkin

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, Supply Chain

Revenue model

1. Assisted Living Room Rentals: Monthly rental rates for rooms and suites. Rates vary based on room size (Studio 353 SQ FT, 1 Bedroom 410-552 SQ FT, Suite 664 SQ FT) and level of services required. Three home-cooked meals per day, seven days a week, and basic services included in base rate.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Rivers Edge Assisted Living, Inc. operates a single 41-room assisted living facility in Aitkin, Minnesota, providing residential care, health services, and basic daily living support to seniors. The facility offers four room configurations (Studio, 1 Bedroom, and Suite options ranging from 353 to 664 sq ft), three home-cooked meals daily, 24-hour trained staff supervision, medication management, dementia-trained caregivers, and accepts EW and CADI Medicaid waivers. Additional offerings include Adult Day Services for daytime care and Respite Care for short-term caregiver relief.

Product overview

Rivers Edge Assisted Living and Adult Day Services operates as a single-facility assisted living community offering residential rooms and daytime care services. The core offering consists of 41 rooms across four floor plan types (Studio, 1 Bedroom, and Suite configurations ranging from 353 to 664 sq ft), complemented by Health Services (medication management, skilled nursing, personal care) and Basic Services (meals, housekeeping, transportation, activities). Adult Day Services and Respite Care are additional care options. The facility is family-owned and operated, accepting EW and CADI waivers.

Differentiator

Problem solved

Functional benefit

Products and services

• Assisted Living Rooms 41 residential rooms across four floor plan types: Studio (353 sq ft), 1 Bedroom (410 sq ft), 1 Bedroom (552 sq ft), and Suite (664 sq ft) overlooking the Ripple River. Each room includes a secure lock, private bath with handicap shower, in-floor heating, central AC, and individual thermostat. Monthly rates vary by room size and level of services required; intended for seniors requiring assistance with daily living activities.
• Adult Day Services Daytime care and supervision services for seniors who may need extra assistance during the day but are able to return home in the evenings. Provides caregiver respite, daytime supervision, and structured social activities for non-residential seniors in the Aitkin, Minnesota area.
• Health Services Skilled nursing and medical care services including medication setup and administration, diabetic/insulin management, bathing assistance, personal cares with 15-minute daily visits, skilled nursing visits, medical treatments, dressing changes, and an Emergency Response System with pendant. Delivered by 24-hour trained staff including RN-supervised caregivers with dementia training.
• Basic Services Standard daily support services bundled into the residential offering, including three home-cooked meals per day, daily snacks, weekly housekeeping, laundry services, local transportation to doctor's appointments, scheduled activities and entertainment, outdoor activities along the Ripple River, whirlpool rooms, on-campus beauty shop, church services, and a resident safety monitoring system.
• Respite Care Short-term residential care services available for families needing temporary relief from caregiving responsibilities. Provides the same room, health services, and basic services as the standard assisted living offering on a temporary basis.

Quantifiable outcome

• Staff receives 8-hour dementia training when hired and additional training after one year
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Presbyterian Homes & Services: Large Minnesota-based nonprofit operating assisted living, memory care, and independent living across MN, WI, and IA. Comparable to Rivers Edge in core assisted living offering, with stronger scale and brand recognition as a regional competitor.
• Walker Methodist: Minnesota-based senior living provider with assisted living, memory care, and skilled nursing communities throughout the Twin Cities metro and greater MN. Comparable service model and reliance on Medicaid waivers and private-pay mix.
• Cassia: Minnesota-based senior living and services operator (formerly Augustana Care + Elim Care) offering assisted living, memory care, and adult day services across MN. Direct competitor in the same geography with overlapping service lines including EW/CADI waiver acceptance.
• Ecumen: Minnesota-based nonprofit operator of assisted living, memory care, and senior housing communities across the Upper Midwest. Comparable to Rivers Edge as a multi-service assisted living provider serving rural and small-metro Minnesota markets with a mix of private-pay and Medicaid-supported residents.
• Benedictine Living Community: Minnesota-rooted Catholic nonprofit operating assisted living, memory care, and skilled nursing across the Upper Midwest. Comparable service portfolio with substantial footprint in small-town and rural Minnesota communities similar to Aitkin.

Broad incumbents

• Brookdale Senior Living: Largest U.S. senior living operator with hundreds of assisted living and memory care communities nationwide. Comparable in core service offering but operates at vastly greater scale, broader geographic footprint, and more sophisticated corporate infrastructure.
• Atria Senior Living: National assisted living and memory care operator with a large multi-state portfolio. Overlaps directly with Rivers Edge's assisted living core but competes primarily in larger metropolitan markets rather than rural Minnesota.
• Lifespace Communities: Nonprofit operator of continuing care retirement communities and assisted living across the Midwest and beyond. Comparable in mission orientation and multi-service model, though at significantly larger community scale than Rivers Edge.
• Sunrise Senior Living: Established national senior living operator known for premium assisted living and memory care. Comparable in service mix and quality orientation, though Sunrise serves substantially higher-end markets and price points than Rivers Edge.

Regional players

• St. Francis Health Services of Morris: Minnesota-based Catholic nonprofit operating assisted living, skilled nursing, and senior housing across west-central and central Minnesota. Comparable regional footprint and small-town operating model to Rivers Edge in Aitkin.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/watch?v=vjF5ff_Gfc0
• Facebookfacebook.com/Rivers-Edge-Assisted-Living-715440608561215
• LinkedInlinkedin.com/company/rivers-edge-assisted-living-inc.

Revenue estimate

Valuation estimate

Number of profiles

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 RIVERS EDGE ASSISTED LIVING, INC.