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Is Royal Oaks Manor financially stable?

April 26, 2017financially manor Oaks Royal STABLE

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Is Royal Oaks Manor financially stable?

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Yes, Royal Oaks Manor is operated by the non-profit Southern California Presbyterian Homes, which has been serving seniors since 1955. It is important to check the financial background and stability of any retirement residence you are considering. You should request audited financial statements for the previous year’s operations, and have your attorney or other trusted financial advisor review it. Also, ask about the occupancy rate. Low occupancy is a major cause of financial stress for a CCRC or other retirement home. The administrative staff of Royal Oaks Manor is happy to share this information with prospective residents. SCPH Annual Reports are available, and Royal Oaks Manor is proud of its continually high occupancy rate.