National Senior Campuses, Inc. (NSC)
National Senior Campuses, Inc. is a not–for–profit organization committed to providing affordable housing, healthcare and other related services to middle-income seniors. NSC is a “Supporting Organization” that provides governance oversight, supervision and strategic planning for numerous continuing care retirement communities across the United States.
Through its shared mission, values and business relationship with Erickson Living Management (ELM), the NSC governing entity oversees the development and operation of communities by Erickson Living. NSC provides strategic enterprise-wide governance, supporting long-term financial strength and ensuring the future of the communities. NSC’s support includes oversight of operating policies, management performance and consolidated functions such as finance, human resources, compliance, legal, and audit.
It is important to note that NSC and its Supported Organizations are independent of ELM. Their relationship with ELM is limited to agreements related to the development and management of the communities.
The Board of NSC currently consists of 15 independent directors, each of whom brings a particular expertise to the Board. To assure that NSC is responsive to its Supported Organizations that own and operate the communities, at least one of the directors serving on the Community Relations Committee of each community is also a director of NSC. This allows each Supported Organization to have representation and influence over the policies and activities of NSC.
The support provided by NSC allows the Boards of Directors of each Supported Organization to focus on the various issues that are particular to each separate community while adhering to “best practices” in governance and operations.