The Davis Community

The Davis Community

Nonprofit senior housing and care campus

Overview

The Davis Community runs a 54-acre nonprofit senior-living campus in Wilmington, offering independent living, assisted living, memory care, skilled nursing, and short-term rehabilitation. Independent living is provided on the The Cottages and The Residences, while skilled nursing uses a household model with small, dedicated care teams; rehabilitation is available at a Rehabilitation & Wellness Pavilion, and The Promenade public wellness center adds dining, a spa, events, and a gym with a warm saltwater pool. It differentiates itself through a full continuum of care on one campus, a household-based nursing approach, Medicare/Medicaid certification, and a public wellness venue that expands community engagement and revenue. The goal is to provide comprehensive, continuous care for aging adults while actively engaging the surrounding community.

About The Davis Community

Simplify's Rating
Why The Davis Community is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Social Impact

Real Estate

Healthcare

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Wilmington, North Carolina

Founded

1963

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Simplify's Take

What believers are saying

  • The Davis Community hosted a 2026 retirement fair and concert series, proving active community pull.
  • The 2023 expansion added 141 residences and 32 cottages, expanding higher-margin independent living inventory.
  • The Promenade reached 1,200 members in year one, validating off-campus revenue beyond resident fees.

What critics are saying

  • 2024 revenues were $35.5 million against $39 million expenses, creating a $3.5 million deficit.
  • Public events and open-campus programming depend on sustained local demand, not guaranteed occupancy.
  • Aging-campus competitors like Novant Scotts Hill Hospital deepen regional choice for wealthier seniors.

What makes The Davis Community unique

  • The Promenade opened June 2023, adding public wellness, dining, spa, and events.
  • The campus spans 54 acres with independent living, assisted living, memory care, and skilled nursing.
  • Its household-model skilled nursing and Medicare-Medicaid certification distinguish it from standard retirement campuses.

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Benefits

Free Membership to our gym and indoor pool

Shift differential

Work-life Balance

Competitive Wages

CNA Test Reimbursement

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