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ORANJ

The Organization of Residents Associations of New Jersey

The Organization of Residents Associations of New Jersey

Publications

ORANJ Leaf single-topic publications

Finance Committee Guidebook

In the summer of 2007, ORANJ published a Finance Committee Guidebook for residents of CCRCs who are serving on Finance Committees, as well as other interested Residents, to help them achieve a basic understanding of their CCRC’s financial position and performance as reflected in its financial statements and other key documents. The Guide was updated in 2010. It provides information to answer fundamental questions such as:

  • What is needed for a CCRC in order to have long-term financial stability?
  • How do you dig useful financial information out of a CCRC’s financial statements?
  • What are a resident’s financial rights and protections under the law?

Download a complete copy of the Guidebook (pdf).

This publication by the New Jersey Department of Community Affairs has been updated.
Continuing Care Retirement Communities, a .pdf document, revised in January 2018 by the New Jersey Department of Community Affairs, includes a list of CCRCs on page 36. The url still says 2011, but it’s a 2018 revision. www.nj.gov/dca/divisions/codes/publications/pdf_ccrc/ccrc2011.pdf

CARF has a useful 2016 publication, Consumer Guide to Understanding Financial Performance and Reporting in CCRCs.