Profit vs nonprofit - does it matter?

Nonprofit retirement communities have one distinct advantage over for-profit communities: nonprofit lifecare communities like Piper Shores reinvest earnings directly in the community to improve the services for residents. On the other hand, at for-profit communities some percentage of earnings is paid out to shareholders in the form of distributions or dividends.



A Maine NonProfit Lifecare Retirement Community
© 2006. Piper Shores. All Rights Reserved. (toll free) 888.333.8711 (local) 207.883.8700
15 Piper Road, Scarborough, Maine 04074