Green Acres Foundation Housing For Seniors

What Green Acres Foundation Housing For Seniors does

Green Acres Foundation is a non-profit housing management body established by the Province of Alberta in 1960, operating 20+ senior housing communities across Southern Alberta in Lethbridge, Coaldale, Picture Butte, and Barons. The Foundation serves seniors through a full continuum of housing and care, ranging from income-based subsidized independent apartments (such as Abbey Road Terrace, Legion Arms, Blue Sky Manor) to partial-service and full-service lodges, Designated Supportive Living Level 3 and Level 4 communities, and specialized memory care for seniors with moderate to severe dementia. Health care services are delivered in partnership with Alberta Health Services, with AHS Home Care Case Managers assessing and referring eligible residents. The Foundation also operates short-term housing for hospital patients and family members ($75-100/night) and an intergenerational student housing program linked to the University of Lethbridge and Lethbridge Polytechnic.

The Foundation's revenue model combines income-based subsidized monthly rent, pay-as-you-go short-term housing fees, and publicly funded AHS partnership reimbursements for higher-acuity care. Physical infrastructure across the portfolio includes 24-hour on-site staffing (Health Care Aides and Licensed Practical Nurses at designated facilities), emergency call systems, fire-suppression sprinklers, and barrier-free accessible design. There are no proprietary AI or technology platforms; operations rely on standard care management systems and direct application/tour-based intake. Marketing is community-led, relying on a Squarespace-hosted website, social media (Instagram, Facebook), email newsletters, healthcare provider referrals, and community events such as the annual Charity Golf Tournament and Seniors' Week.

The organization is led by CEO Dawna Coslovi (since 1996), with a Board of Directors chaired by Lorne Hickey and including Lethbridge Mayor Blaine Hyggen. With 425+ employees, Green Acres is one of Lethbridge's top 20 employers and has been voted Best of the Best in seniors housing by Lethbridge residents for eight consecutive years through 2026. The Foundation has held CARF Canada Aspire Seal accreditation and is currently expanding into West Lethbridge (Crossings neighborhood) while rebuilding Piyami Lodge in Picture Butte with $5.8 million in government funding.

Name

Green Acres Foundation Housing For Seniors

Legal name

Green Acres Foundation

Website

https://greenacres.ab.ca

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

101–250 employees

Short description

Green Acres Foundation is a Province of Alberta-established non-profit operating 20+ affordable senior housing and care communities across Southern Alberta, offering independent living, supportive services, and memory care through an Alberta Health Services partnership.

Ownership category

akta.pro rank

Product category

Senior Housing and Care Services

NAICS

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Services for the Elderly and Persons with Disabilities (62412)

SIC

Services-Nursing & Personal Care Facilities (8050), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)

Keywords

• Senior housing services
• Affordable senior living
• Supportive housing communities
• Memory care services
• Independent senior apartments

Headquarters

HQ city

Lethbridge

HQ country

Canada

HQ region

North America

Offices22 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Monthly Residential Rent: Subsidized rent based on resident income for apartments and lodges. Month-to-month Residency & Service Agreement (lodges) or Residential Lease (apartments) with one full calendar month notice period. No damage deposits required.
2. Short-Term Housing Rental: Daily rates for short-term stays: $75/night single occupancy, $100/night double occupancy. For adult patients receiving outpatient treatment at Chinook Regional Hospital or family members of patients. Payment due upon arrival.
3. Alberta Health Services Partnership Funding: Publicly funded health and personal care supports delivered through partnership with Alberta Health Services at Designated Supportive Living Level 3 and 4 communities, providing specialized dementia care to eligible seniors.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Green Acres Foundation provides affordable housing and care services for senior citizens in Southern Alberta, operating independent apartments, lodges with partial and full services, Designated Supportive Living communities with health care services (Levels 3 and 4), and specialized Memory Care programs in partnership with Alberta Health Services. The Foundation also offers Short-Term Housing for hospital patients and families and an intergenerational Student Housing program. Rent is subsidized based on resident income across most properties.

Product overview

Green Acres Foundation operates as a non-profit housing management body established by the Province of Alberta providing affordable homes and care services for senior citizens across Southern Alberta since 1960. The organization offers a comprehensive portfolio of senior living options including: independent apartments (Abbey Road Terrace, Legion Arms, Legion Place, Legion Terrace, Piyami Manor, Sunny South Manor, Sunny South Villa, Wheatheart Manor, Blue Sky Manor, and West Lethbridge Apartments coming soon); cottages (Golden Acres Cottages); lodges with varying levels of service including Partial Services (Blue Sky Lodge, Pemmican Lodge, Garden View Lodge), Full Services (Alberta Rose Lodge, Black Rock Terrace, Heritage Lodge, Piyami Lodge, Sunny South Lodge), Health Care Services (Golden Acres Lodge, Piyami Place); and Memory Care services (Sunny South Lodge, Piyami Place). Additionally, they provide Short-Term Housing for hospital patients and Student Housing programs. All Health Care Services and Memory Care operate in partnership with Alberta Health Services as Designated Supportive Living communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Senior Apartments Portfolio Network of income-based subsidized independent apartment buildings for active seniors aged 65+ in Lethbridge, Coaldale, Picture Butte, and Barons, Alberta. Features include barrier-free accessible suites, on-site amenity spaces, and minimal on-site staffing. Rent is based on resident income.
• Golden Acres Cottages Cottage-style housing with 16 one-bedroom suites in four-plex units in north Lethbridge. Each suite has an external entrance and shared laundry access, designed for independent seniors wanting a community feel.
• Partial Services Lodges Senior lodges offering home-cooked dinner service, optional additional meals and housekeeping, 24-hour non-medical staffing, and scheduled activities. Includes Blue Sky Lodge, Pemmican Lodge, and Garden View Lodge for seniors needing some flexibility and support to continue living independently.
• Full Services Lodges Full service retirement living with home-cooked meals and snacks served daily, weekly housekeeping, 24-hour non-medical staff, medication assistance, and activities. Includes Alberta Rose Lodge, Black Rock Terrace, Heritage Lodge, Piyami Lodge, and Sunny South Lodge.
• Designated Supportive Living with Health Care Services Communities operating at Designated Supportive Living Level 3 and Level 4 in partnership with Alberta Health Services. Provides 24/7 health supports from Health Care Aides and Licensed Practical Nurses, personal care, medication management, and daily living assistance to eligible seniors assessed and referred by an AHS Home Care Case Manager.
• Memory Care Program Specialized dementia care for seniors with moderate to severe dementia and high risk of wandering. Features safe, secure units, certified dementia care staff, specialized activities, and outings. Provided at Sunny South Lodge and Piyami Place. Requires AHS Home Care Case Manager referral.
• Short-Term Housing Short-term furnished private suites with 4-piece ensuite bathrooms for adult patients from outside Lethbridge receiving outpatient treatment at Chinook Regional Hospital, or adult family members of patients. Rates are $75/night single occupancy or $100/night double occupancy.
• Student Housing Program Intergenerational affordable housing for post-secondary students located within senior communities near University of Lethbridge and Lethbridge Polytechnic. Students pay reduced rent and volunteer a minimum of one hour per week engaging with senior residents.

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Alberta Health Services (AHS)coreStrategic or Co-development PartnerGreen Acres Foundation operates Designated Supportive Living Level 3 and Level 4 communities in partnership with Alberta Health Services. AHS provides publicly funded health and personal care supports and specialized dementia care to eligible seniors. AHS Home Care Case Managers assess and refer residents to these communities.
• Age Friendly LethbridgeminorStrategic or Co-development PartnerCommunity partner working to create age-friendly communities in Lethbridge, promoting accessibility and inclusion for seniors.
• LEARN Lethbridge Elder Abuse Response NetworkminorStrategic or Co-development PartnerCommunity partner addressing elder abuse awareness and prevention in Lethbridge through collaborative network efforts.
• Westminster Elementary SchoolminorOthersFundraising partner for community events including Beef on a Bun Fundraiser. Promotes intergenerational connections between seniors and students.
• Big Brothers and Big Sisters LethbridgeminorOthersFundraising partner supporting community programs and initiatives. Promotes mentorship and senior engagement.
• Terry Fox FoundationminorOthersFundraising partner for cancer research. Green Acres Foundation participates in community fundraising events.
• Local Schools and DaycaresminorOthersCommunity partners for intergenerational programs and activities. Students from Lethbridge Polytechnic Gerontology Program complete practicum placements at facilities.
• Volunteer LethbridgecoreOthersPartnership providing volunteer opportunities at all Green Acres Foundation facilities. Manages volunteer recruitment and matching for programs including bus trips, bingo, games, movie nights, and reading programs.
• University of LethbridgeminorOthersStudent housing program allows students access to proximity of University of Lethbridge campus. Gerontology Program students complete practicum placements at Green Acres facilities.
• Lethbridge PolytechnicminorOthersGerontology Program students complete practicum placements at Green Acres facilities, providing therapeutic recreation and care support while gaining practical experience.

Scale indicators5 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Atria Retirement Canada: Canadian arm of large North American senior living operator. Comparable in service offering (independent through assisted living) but predominantly private-pay market-rate, unlike Green Acres' subsidized model.
• Sienna Senior Living: One of Canada's largest senior living operators with retirement residences and long-term care communities across multiple provinces. Comparable as a Canadian senior housing and care operator, though much larger and serving broader geographic markets.
• Revera: Major Canadian owner and operator of retirement residences and long-term care homes. Comparable as a full-continuum senior care provider operating retirement and supportive living across Canada.
• Chartwell Retirement Residences: Largest senior housing operator in Canada with retirement residences and care communities across the country. Comparable as a multi-tier senior care provider, though predominantly private-pay market-rate versus Green Acres' subsidized model.
• Sunrise Senior Living: International senior living operator offering assisted living and memory care services. Comparable in providing a continuum of senior care including memory care, though primarily U.S.-focused with a private-pay model.

Direct peers

• Christenson Communities: Alberta-based owner/operator of independent and assisted senior living communities. Directly comparable as an Alberta-focused senior housing operator with similar service tiers and resident demographic.
• CapitalCare: Alberta-based non-profit continuing care organization operating multiple long-term care and supportive living sites in the Edmonton region. Comparable as a publicly-funded Alberta non-profit senior care operator with designated supportive living programs.
• Lifestyle Retirement Communities: Western Canadian senior housing operator with multiple independent and assisted living communities. Comparable as a regional multi-site senior housing provider serving similar Western Canadian markets.
• Optima Living: Western Canadian independent and assisted living senior housing operator with properties across Alberta and British Columbia. Directly comparable as a regional multi-site senior housing provider serving similar Western Canadian markets and care levels.

Regional players

• Eldorado Retirement Communities: Owner/operator of retirement residences across Western Canada. Comparable as a regional senior housing provider, though serving British Columbia primarily rather than Alberta.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/greenacresfoundation
• LinkedInlinkedin.com/company/green-acres-foundation-housing-for-seniors

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Green Acres Foundation Housing For Seniors