A Legacy of Quality and Stewardship
Asbury Methodist Village has earned its reputation as a leader of senior living in Montgomery County, Maryland, through nearly a century of service to older adults. The people who live at Asbury Methodist Village are doers, committed to living with purpose. That is why redefining the expectations of aging is at the core of everything we do.
Residents of this community follow the same inspiration as those who work here – to discover unique ways to celebrate life, engage in the community and explore new services to redefine exceptional senior living. Our not-for-profit status ensures that we put residents first. As part of Asbury Communities, we gain financial strength, a commitment to outstanding and innovative services, and a strategic vision for the future.
Financial Strength
Asbury Methodist Village enjoys the financial security and benefits of being part of the 14th largest not-for-profit retirement system in the United States, which holds Financial Strength and Stewardship as an Asbury Core Value.
Asbury Methodist Village strengthens its fiscal health by:
- Requiring an annual audit to review the system’s consolidated annual statements. See our Audited Consolidated Financial Statements and IRS Form 990 below.
- Seeking annual review from Fitch Ratings to assess financial performance. Asbury Methodist Village is among a small percentage of CCRCs whose bonds hold an investment-grade bond rating, currently BBB Stable.
Accreditation
Staying true to our Methodist roots and faith-based values, Asbury Methodist Village is proud to hold EAGLE accreditation from the Methodist Ministries Network. EAGLE stands for Educational Assessment Leading toward Excellence and places high priority on communities that reflect Mission- and purpose-driven values in the culture.
Asbury Methodist Village is proud to hold Platinum-level certification through SAGECare, which fosters welcoming cultures for lesbian, gay, and transgender people with its partner organizations. We were the first continuing care retirement community Maryland to pursue and receive this this recognition.
Benevolent Care
Our Mission and faith-based heritage is reflected in our Benevolent Care program. Eligible residents who outlive their financial resources through no fault of their own will be able to apply for assistance with monthly fees, food, medical care, medications and health insurance. Participation in this program is strictly confidential.
Our Governing Body and Operations
As part of the Asbury system, Asbury Methodist Village is overseen by a volunteer Board of Directors charged with continuing the success of the community. Asbury Methodist Village in Gaithersburg, MD., Asbury Solomons, Bethany Village and Springhill are owned and operated by Asbury Atlantic, Inc., which is the provider and legal entity responsible for providing services to the residents of this community.
Day-to-day operations of Asbury Methodist Village are managed by the community’s executive director and leadership team. They are supported by Asbury Communities, Inc., which is the 501(c)(3) sole member providing Asbury Atlantic and other entities in the Asbury system with support with strategic guidance and clinical, compliance, communications, finance, human resources, IT and marketing services.
Residents are valued members of this community, bringing a wealth of experience, varied backgrounds, and new ideas to our campus. The Coordinating Council of Asbury Village (CCAV) provides residents and the Asbury Methodist Village administration a regular platform for addressing priorities and concerns. The meetings are attended by the Officers of CCAV, members of the resident-run Partnership Advisory Committees and Resident Councils, and Asbury Methodist Village leadership. All residents are encouraged to attend.
Powered by Passion
Part of what makes our reputation special at Asbury Methodist Village is the residents who call the community home. By developing a strong connection to the community and their neighbors, residents continue to put their passions and talents to use both on and off campus. Experience the power of passion for yourself by learning more today.
File Downloads
2023 Asbury Methodist Village Disclosure Statement
2022 Asbury Methodist Village Disclosure Statement
2023 Asbury Atlantic Audited Financial Statement
2022 Asbury Atlantic Audited Financial Statement