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Alternative Living Group Inc history
Alternative Living Group Inc company history timeline
In August 1988, ALG received a $25,000 award from OPWDD in the form of a stipend that enabled ALG’s Executive Director to participate in OPWDD’s Minority Professional Development Institute.
Because it promoted a better understanding between children who have disabilities and those who do not, ALG’s Hamilton Hill after-school respite program was awarded the prestigious J.C. Penney’s 1989 Outstanding Volunteers of the Year.
In September 1990, ALG received approval from OPWDD and from the Town Board of the Town of Colonie to open its first community residence at 1085 Watervliet Shaker Road in Colonie.
By 1990, United States Census figures put the number of people in the nation aged 65 and over at 31 million.
The company's revenue was still relatively small, estimated at under $5 million for 1994.
The company ran less than 20 facilities in 1995, but by the next year it operated 62 residences in nine states.
Fresh with new cash, Alternative Living moved to build new facilities and to buy up others. It purchased Heartland Retirement Services Inc. in early 1996, and acquired New Crossings International Corp. a few months later.
In 1997 Alternative Living agreed to merge with a Kansas-based assisted living company called Sterling House Corp.
The residences Alterra had operated prior to 1998 were profitable, and the company made plans to sell off homes that were not doing well.
The company posted a third quarter loss of $16.7 million in November 2000, its fourth consecutive quarter in the red.
In another interview, with Contemporary Long Term Care for March 2001, Vick also said, "The reason no one likes nursing homes is because they're all the same.
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Alternative Living Group Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Mission Road | 1947 | $50.0M | 180 | 1 |
| Southwinds | 1983 | $10.0M | 75 | - |
| Choices For Community Living | 2003 | $5.0M | 10 | - |
| Association Of Behavior Consultants Inc | 1979 | $560,000 | 50 | - |
| Georgia Community Support and Solutions, Inc. | - | $50.0M | 75 | - |
| The Tungland | - | $130.0M | 2,310 | - |
| Developmental Enterprises | 1971 | $9.8M | 150 | - |
| The Arc Madison Cortland | 1954 | $10.0M | 750 | 21 |
| Optimae LifeServices | 1986 | $2.6M | 396 | - |
| THE ARC NORTHWEST INDIANA | 1953 | $12.8M | 396 | - |
Alternative Living Group Inc history FAQs
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Alternative Living Group Inc may also be known as or be related to ALTERNATIVE LIVING GROUP INC, Alternative Living Group, Alternative Living Group Inc and THE ALTERNATIVE LIVING GROUP INC.