| Business Summary | | ARV
Assisted
Living,
Inc.
is
one
of
the
largest
operators
of
licensed
assisted
living
communities
(ALCs)
in
the
United
States.
The
Company
is
a
fully
integrated
provider
of
assisted
living
accommodations
and
services
that
operates,
acquires
and
develops
ALCs.
The
Company
has
been
involved
in
the
senior
housing
business
for
more
than
20
years.
The
Company's
operating
objective
is
to
provide
high
quality,
personalized
assisted
living
services
to
senior
residents
in
a
cost-effective
manner,
while
maintaining
residents'
independence,
dignity
and
quality
of
life.
The
Company's
ALCs
offer
a
combination
of
housing,
personalized
support
services
and
health
care
in
a
non-institutional
setting.
They
are
designed
to
respond
to
the
individual
needs
of
elderly
residents
who
require
assistance
with
certain
activities
of
daily
living,
but
who
do
not
require
the
intensive
nursing
care
provided
in
a
skilled
nursing
facility. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ARV
Assisted
Living
is
a
fully
integrated
provider
of
assisted
living
accommodations
and
services
which
operates,
acquires
and
develops
assisted
living
communities.
For
the
six
months
ended
6/01,
revenues
increased
2%
to
$71.3
million.
Net
income
before
extraordinary
item
totalled
$912
thousand,
vs.
a
loss
of
$5.1
million.
Results
reflect
the
increase
in
nursing
facility
revenue,
along
with
the
inclusion
of
$2.9
million
in
gains
on
the
sale
of
assets. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Douglas Pasquale, 46 Chairman,
CEO | $576K | Abdo Khoury, 52 Pres,
CFO, Sec. | 379K | Michelle Alarcon, 42 Sr.
VP-human resources | 71K | Robertson Chandler, 45 Sr.
VP, Operations | 193K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|