THE MATHER

What THE MATHER does

The Mather is a luxury Life Plan Community (also known as a Continuing Care Retirement Community / CCRC) located at 425 Davis Street in Evanston, Illinois, serving independent-living adults aged 62 and better. The community provides 830 to over 2,000-square-foot independent living apartments in one- and two-bedroom layouts, plus an on-site continuum of care through The Mather Life Centre — including assisted living, memory support, Medicare-certified skilled nursing, rehabilitation, and hospice services. The Mather is operated by Mather, a nondenominational not-for-profit organization founded in 1941 by Alonzo Mather and headquartered at 1560 Sherman Avenue, Evanston. The broader Mather organization serves approximately 170,000 people through three areas: award-winning residences, programs that keep people connected, and the Mather Institute research arm.

The revenue model is a hybrid of large one-time entrance fees and recurring monthly fees. Entrance fees start at $734,900 (effective January 1, 2026), are 90% refundable with a guaranteed refund within 150 days, and scale with apartment size and floor location. Monthly fees cover utilities, housekeeping, maintenance, landscaping, a Culinary Club Plan, and long-term care protection under either the Life Care Plan (unlimited on-site care at near-stable monthly rates) or the 90-Day Plan (90 days of care included, daily rates thereafter). À la carte revenue supplements base fees through personal fitness training, Cotton Spa services, specialty classes, catering, additional housekeeping, special repairs, and guest meals. Differentiated amenities include six distinct restaurant concepts (31, Alonzo's, Patent's Place, Burnham's, The Georgian Lounge, and Props & Generations), the 10,000+ square-foot Cotton Spa & Fitness Center with a 20-meter heated saline lap pool, the ContinuWell whole-person wellness program developed with Mather Institute research, and the Repriorment lifestyle philosophy. The building has achieved LEED Gold certification and a Walk Score of 96.

The Mather employs a direct, relationship-driven go-to-market model: prospective residents and families reach the community by phone, downloadable guide request, website inquiry, or scheduled tour. Marketing emphasizes wellness, dining, and lifestyle freedom through website content, daily #AgeWell social media tips on Facebook, email newsletters, and earned media coverage that includes consecutive Newsweek America's Best Life Plan Communities rankings (2024, 2025, 2026 — fourth in Illinois for 2026) and U.S. News & World Report Best Nursing Homes recognition for The Mather Life Centre (2024, 2025, 2026). CEO & President Mary Leary has led the organization since 2002 and founded Novare, a national consortium of Life Plan Community providers. A partnership with The Plaza Companies grants Mather residents reciprocal guest-suite access at Splendido at Rancho Vistoso, a Mather-operated Life Plan Community in Tucson, Arizona, extending the geographic utility of the brand without an Evanston construction requirement.

Name

THE MATHER

Legal name

Mather

Website

https://thematherevanston.com

Company type

Private

Founded year

1941

Operating status

Operating

Headcount range

1–10 employees

Short description

The Mather is a luxury not-for-profit Life Plan Community in Evanston, Illinois, serving adults aged 62 and better with independent living apartments, on-site assisted living, memory support, skilled nursing, and rehabilitation, operated by the Mather organization founded in 1941.

Ownership category

akta.pro rank

Product category

Senior Living / Continuing Care Retirement Community

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Assisted Living Facilities for the Elderly (623312), Nursing and Residential Care Facilities (623)

SIC

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

akta.pro primary industry

Assisted Living with Memory Care (Mixed Campus) (HLADABAB)

akta.pro secondary industries

Luxury/Resort-Style Independent Living Communities (HLADAAAC), Memory Care Units within Assisted Living Communities (HLADACAB), Memory Care Units within Skilled Nursing Facilities (SNF/Nursing Homes) (HLADACAC)

Keywords

• Senior living services
• Continuing care retirement
• Life plan community
• Assisted living care
• Luxury independent living

Headquarters

HQ city

Evanston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Entrance Fees: One-time entrance fees for apartment homes, based on size and location. Entrance Fee is 90% refundable with a guaranteed refund within a maximum of 150 days. Prices start at $734,900.
2. Monthly Fees: Recurring monthly fees covering utilities, housekeeping, day-to-day home maintenance, landscaping, Culinary Club Plan selection, and long-term life care protection. Also includes Life Care or 90-Day Plan options.
3. À la carte Services: Optional paid services including personal fitness training, signature spa and salon services, specialty classes/programs/trips, catering, additional housekeeping, special-request repairs, and guest meals.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

The Mather is a luxury Life Plan Community (Continuing Care Retirement Community) in Evanston, Illinois, providing independent living apartment homes, on-site assisted living, memory support, skilled nursing, and rehabilitation services to seniors aged 62 and better. Residents pay an entrance fee plus recurring monthly fees covering housing, dining, housekeeping, maintenance, wellness programming, and access to a continuum of long-term care. The community also operates multiple restaurant concepts, a 10,000+ sq ft spa and fitness center, and proprietary wellness programs (ContinuWell and Repriorment).

Product overview

The Mather is a Life Plan Community offering luxury senior living for those 62 and better. The core product is independent living through spacious apartment homes (ranging from 830 to over 2,000+ square feet with various floor plans). These independent living apartments serve as the primary offering, with complementary sub-products including: The Mather Life Centre (on-site health center for assisted living, memory support, and skilled nursing); a multi-venue Dining Program with six distinct restaurants; Cotton Spa & Fitness Center (10,000+ sq ft facility with pool and wellness amenities); ContinuWell Wellness Programs based on the Person-Centric Wellness Model; and two long-term care protection options (Life Care Plan and 90-Day Plan). The Mather is operated by Mather, with research support from Mather Institute.

Differentiator

Problem solved

Functional benefit

Brands

• 31: Elegant and refined restaurant offering signature dining experience with seasonal menus, curated pairings, and notable wine program.
• Alonzo's
• Patent's Place
• Burnham's
• The Georgian Lounge
• Props & Generations
• ContinuWell
• Repriorment
• Cotton Spa

Products and services

• The Mather Life Plan Community

Quantifiable outcome

• Walkability score of 96 out of 100 (Walker's Paradise)
• +2 more outcomes

Named customers2 records

Segments2 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

Partnerships

One partnership is on record.

• The Plaza CompaniesminorStrategic or Co-development PartnerThe Plaza Companies co-owns Splendido at Rancho Vistoso in Tucson, Arizona with Mather. This partnership allows Mather residents access to guest suites at Splendido, a Mather-operated Life Plan Community. This cross-community access enhances the lifestyle offerings for residents of both communities.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Splendido at Rancho Vistoso: Luxury Life Plan Community in Tucson, AZ co-owned by Mather and The Plaza Companies, operated by Mather. Directly comparable to The Mather as a Mather-operated CCRC with independent living, assisted living, memory care, and skilled nursing on a single resort-style campus.
• Erickson Senior Living: Operates a portfolio of large-scale Continuing Care Retirement Communities across the US targeting active adults 62+ with independent living and a full continuum of on-site care. One of the most direct large-scale CCRC peers to The Mather in business model, resident profile, and integrated care delivery.
• Presbyterian Homes & Services: Nonprofit faith-based operator of senior living communities including Life Plan Communities across the upper Midwest with independent living, assisted living, memory care, and skilled nursing. Closely comparable to The Mather as a nonprofit, mission-driven CCRC operator serving affluent 62+ residents with full care continuum.
• Juniper Communities: Operates a portfolio of senior living communities with a strong focus on wellness programming, independent living, assisted living, and memory care in upscale settings. Comparable to The Mather in boutique luxury positioning, wellness-driven programming (Connect4Life model), and integrated care approach.
• Five Star Senior Living: Operates senior living communities nationwide including independent living, assisted living, and memory care, with a growing emphasis on wellness and lifestyle programming. Comparable to The Mather in senior living service model and amenity-driven communities, though Five Star operates across many locations rather than as a single luxury CCRC.
• WesleyLife: Nonprofit faith-affiliated operator of Life Plan Communities and senior services across Iowa, offering independent living, assisted living, memory care, and skilled nursing with a strong wellness philosophy. Closely comparable to The Mather as a nonprofit CCRC operator with research-informed wellness programming and a single-campus luxury positioning.
• Life Care Services: Third-party management company for a large national portfolio of Life Plan Communities / CCRCs, including luxury and continuing-care campuses. Highly comparable to The Mather in terms of CCRC operating model, resident contract structure (entrance + monthly fees), and care continuum, even though LCS manages rather than owns.

Broad incumbents

• Atria Senior Living: Operates a broad national portfolio of senior living communities with a focus on upscale independent living, assisted living, and memory care. Comparable to The Mather in luxury resident targeting and amenity-rich operating model, but operates as a for-profit across many communities rather than as a single nonprofit CCRC.
• Brookdale Senior Living: Largest US senior living operator with a broad portfolio of independent living, assisted living, memory care, and continuing care communities. Comparable to The Mather in care continuum and senior-living services, but operates at much greater scale across primarily for-profit communities rather than a single luxury CCRC.
• Sunrise Senior Living: Large national senior living operator offering independent living, assisted living, memory care, and skilled nursing across hundreds of communities. Comparable in care continuum and senior-focused services, though more mid-market and less CCRC-structured than The Mather's Life Plan Community model.

Market position

Strengths5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PLNofv2pw1HLKV6V7jFMU6GNtn8wEnrHzY
• Facebookfacebook.com/TheMatherEvanston
• LinkedInlinkedin.com/company/the-mather

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 THE MATHER