| | Business Summary | | Alterra
Healthcare
Corporation
is
a
national
assisted-living
company,
operating
assisted-living
residences
and
providing
assisted-living
services
in
28
states.
As
of
December
31,
2000
and
1999,
the
Company
operated
or
managed
474
and
450
residences,
with
aggregate
capacity
of
approximately
22,100
and
20,700
residents,
respectively.
The
Company
offers
a
full
range
of
assisted-living
services
based
upon
individual
resident
needs.
These
services
include
frail-elderly
services,
Alzheimer's-dementia
services
and
access
to
special
medical
services.
The
Company's
residences
operate
under
several
brand
names,
including
Clare
Bridge
and
Clare
Bridge
Cottage,
representing
the
primary
freestanding,
dementia
care
models;
Wynwood,
representing
the
upper-income,
frail-elderly
model;
Sterling
House,
representing
the
moderately
priced
frail-elderly
model,
and
Villas,
representing
the
independent
living
model. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Alterra
Healthcare
Corp.
is
a
national
assisted
living
company
that
operated
or
managed
474
residences
with
an
aggregate
capacity
of
22,100
as
of
12/1/00.
For
the
six
months
ended
6/01,
revenues
rose
17%
to
$255.2
million.
Net
loss
before
extraordinary
item
totalled
$229.9
million,
up
from
$26.9
million.
Revenues
reflect
the
addition
of
newly
constructed
residences
and
acquired
residences.
Higher
loss
reflects
increased
losses
on
the
disposal
of
assets. | | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Jerry Tubergen, 46
Chairman | -- | Steven Vick, 41
Pres,
COO, Director | $274K | William Lasky, 45
Vice
Chairman | 443K | G. Faye Godwin, 59
Exec.
VP | 215K | Mark Ohlendorf, 40
Sr.
VP, CFO, Treasurer | 222K | | Dollar amounts are as of 31-Dec-1999 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/a/ali.gif)