It all began with a gift.
Clark-Lindsey Village owes its beginnings to generous gifts from Ethel Clark and Maud Lindsey. These visionary women set the foundation for this impressive retirement community with separate bequests.
The assets from the trust established by these sisters were enough to acquire land and pay for a few of the early planning expenses. Ground was broken on March 20, 1977. The first residents occupied their apartments in October 1978.
Clark-Lindsey Village was a revolutionary concept in Urbana-Champaign at the time. Its reputation as the premier retirement community continues today, as does the tradition of contributions from residents and friends.
Those gifts enhance the quality of life for residents today as well as set the foundation for secure and comfortable living for generations of residents to come.
As a not-for-profit, our focus is on mission
When considering a move to a retirement community, is there really a difference between a not-for-profit organization and a for-profit business? Like 81% of today’s Life Plan Communities, sometimes referred to as Continuing Care Retirement Communities (CCRCs), Clark-Lindsey is a nonprofit organization, which gives us a leading edge on other living communities in our surrounding area. Being a not-for-profit allows Clark-Lindsey to exemplify our mission statement. Our goal is to support our core value of having a meaningful life throughout our multi-dimensional program that focuses on the mind, spirit, and body. Achieving this goal allows us to overcome ageism and ableism. Like many other Life Plan Communities, we offer residents the assurance of knowing they have lifelong access to living arrangements and services should they outlive their financial resources.
Although all businesses including not-for-profits, are expected to generate returns on investment, nonprofits aren’t seeking financial returns for owners or shareholders. Profits from our organization go right back into the Clark-Lindsey community, continuing to build on our tradition of providing exceptional services and living environments that offers opportunities to grow at whatever stage of their life journey. The main focus of Clark-Lindsey is to use our funds to help support the mission of our continuation of care for Clark-Lindsey residents and share our expertise with the greater community we serve.
The bottom line at Clark-Lindsey is resident satisfaction.
Central to Clark-Lindsey’s success is our board of directors, who are committed to the innovation and continuous improvement of our campus which is home to some 200 residents. Clark-Lindsey is overseen by a volunteer board of directors, representing a wide range of expertise, including engineers, accountants, business professionals in the health industry, and attorneys. Their talents ensure the quality services and management of our organization.
Our nonprofit status allows us to accept tax-deductible contributions. Those contributions support improvements in programs and facilities providing direct benefit to Clark-Lindsey residents and to the Champaign County area. And while we are exempt from income and capital gains taxes, we do pay real estate taxes that in turn invest in our schools, our parks and our community.
Gifts from donors support our amenities and services. They also contribute to expansion, allowing us to grow to meet the needs of our current and future residents.
Not only does being tax exempt allow more money to be given back to our organization, but it allows us to do more for our community. Clark-Lindsey has been serving the local community for decades and this passion is shared by our employees and residents. Employees and residents participate in and lead Clark-Lindsey programs that allow our organization to give back to the surrounding communities. Examples of these programs include Ethel and Maud’s table, CLVolunteers, our intern program, and clinical nursing opportunities.
If you would like to make a contribution, give a memorial gift, or learn more about the legacy program at Clark-Lindsey, please call 217-344-2144 and ask for the Fund Development office or email us at firstname.lastname@example.org.