Ashby Ponds
21170 Ashby Ponds Boulevard, Ashburn, Virginia 20147
- Operator:
- Ashby Ponds, Inc. (managed by Erickson Senior Living, LLC)
- Ownership:
- Mixed nonprofit and for-profit
- Affiliation:
- Not disclosed in the 2024 filing
- Opened:
- 2008
Provider Ashby Ponds, Inc. is a non-stock 501(c)(3) whose sole member is the nonprofit National Senior Communities, Inc.; the land and buildings are owned by Redwood-ERC Ashburn, LLC and the community is managed by Erickson Senior Living, LLC, both for-profit Erickson subsidiaries (p2-3, p6). Entrance fees are loaned by Ashby Ponds to the Landowner (p8).
- Type C (fee for service)
Figures from the 2024 disclosure statement (fiscal 2023 finances), filed with the Virginia State Corporation Commission, Bureau of Insurance.PDF The finances describe fiscal 2023; this is the newest statement we have for Ashby Ponds, and a later one may have been filed since.
At a glance
Entrance fee, one person, every plan
Monthly fee, independent living
Refund plans offered
- 90% Refund AmountNever less than 90% of the fee
Days cash on hand
Independent living occupancy
Nursing care, CMS overall rating
What care costs later
How each contract prices assisted living and nursing if you need them. The contract type decides most of what a long stay costs.
- Type C (fee for service): Care is charged at market rates when you need it.
How the contract types compare
Type C (fee for service)
Residents who move to assisted living, memory care or nursing pay that level's monthly package or daily rate; there is no life-care discount. If those units are full, the Medical Director arranges services in the resident's apartment or a transfer to an off-site facility.p. 104
- Assisted living
- 2025 base fee from $6,863 (studio) to from $12,149 (two bedroom) per month, plus a care package of $1,131-$11,299 per month; memory care base from $8,463 plus packages up to $8,992.
- Nursing care
- 2025 daily rate $503 semi-private, $568 private.
| Independent living | 1,407 |
|---|---|
| Assisted living | 56 |
| Memory care | 36 |
| Nursing care | 44 |
Entrance fees
One-person prices as the filing lists them, by contract. A second person usually pays the extra amount shown.
Monthly fees
What residents pay each month, by contract and level of care. A second person adds the amount shown.
Residence and Care Agreement · Type C (fee for service) (7 prices, $2,988 to $12,149)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| One Bedroom | Independent living | $2,988 to $4,121p. 102 | $1,325 |
| Two Bedroom | Independent living | $3,344 to $5,004p. 102 | $1,325 |
| Assisted Living Studio Suites (base fee) | Assisted living | from $6,863p. 102 | $2,477 |
| Assisted Living One Bedroom (base fee) | Assisted living | from $9,376p. 102 | $2,477 |
| Assisted Living Two Bedroom (base fee) | Assisted living | from $12,149p. 102 | $2,477 |
| Memory Care Companion Suite with Private Bedroom (base fee) | Memory care | from $8,818p. 103 | Not listed |
| Memory Care Studio Suite (base fee) | Memory care | from $8,463p. 103 | Not listed |
Fee increases, year by year
| Year | Level of care | Unit | Increase | Monthly fee, before and after |
|---|---|---|---|---|
| 2025 | Independent living | One Bedroom (low end of range) | 4.5%calculated from the dollar amounts | $2,860 to $2,988p. 108 |
| 2025 | Independent living | One Bedroom (high end of range) | 4.5%calculated from the dollar amounts | $3,944 to $4,121p. 108 |
| 2025 | Independent living | Two Bedroom (low end of range) | 4.5%calculated from the dollar amounts | $3,200 to $3,344p. 108 |
| 2025 | Independent living | Two Bedroom (high end of range) | 4.5%calculated from the dollar amounts | $4,789 to $5,004p. 108 |
| 2025 | Independent living | Double occupancy fee | 4.5%calculated from the dollar amounts | $1,268 to $1,325p. 108 |
| 2024 | Independent living | One Bedroom (low end of range) | 6.4%calculated from the dollar amounts | $2,687 to $2,860p. 108 |
| 2024 | Independent living | One Bedroom (high end of range) | 6%calculated from the dollar amounts | $3,721 to $3,944p. 108 |
| 2024 | Independent living | Two Bedroom (low end of range) | 6.3%calculated from the dollar amounts | $3,011 to $3,200p. 108 |
| 2024 | Independent living | Two Bedroom (high end of range) | 5.8%calculated from the dollar amounts | $4,526 to $4,789p. 108 |
| 2024 | Independent living | Double occupancy fee | 4.9%calculated from the dollar amounts | $1,209 to $1,268p. 108 |
| 2023 | Independent living | One Bedroom (low end of range) | 7.5%calculated from the dollar amounts | $2,500 to $2,687p. 108 |
| 2023 | Independent living | One Bedroom (high end of range) | 7.5%calculated from the dollar amounts | $3,462 to $3,721p. 108 |
| 2023 | Independent living | Two Bedroom (low end of range) | 7.5%calculated from the dollar amounts | $2,801 to $3,011p. 108 |
| 2023 | Independent living | Two Bedroom (high end of range) | 7.5%calculated from the dollar amounts | $4,211 to $4,526p. 108 |
| 2023 | Independent living | Double occupancy fee | 7.5%calculated from the dollar amounts | $1,125 to $1,209p. 108 |
| 2022 | Independent living | One Bedroom (low end of range) | 5%calculated from the dollar amounts | $2,381 to $2,500p. 108 |
| 2022 | Independent living | One Bedroom (high end of range) | 5%calculated from the dollar amounts | $3,297 to $3,462p. 108 |
| 2022 | Independent living | Two Bedroom (low end of range) | 5%calculated from the dollar amounts | $2,668 to $2,801p. 108 |
| 2022 | Independent living | Two Bedroom (high end of range) | 5%calculated from the dollar amounts | $4,011 to $4,211p. 108 |
| 2022 | Independent living | Double occupancy fee | 4.8%calculated from the dollar amounts | $1,073 to $1,125p. 108 |
| 2021 | Independent living | One Bedroom (low end of range) | 3.7%calculated from the dollar amounts | $2,295 to $2,381p. 108 |
| 2021 | Independent living | One Bedroom (high end of range) | 3.7%calculated from the dollar amounts | $3,178 to $3,297p. 108 |
| 2021 | Independent living | Two Bedroom (low end of range) | 3.7%calculated from the dollar amounts | $2,573 to $2,668p. 108 |
| 2021 | Independent living | Two Bedroom (high end of range) | 3.7%calculated from the dollar amounts | $3,867 to $4,011p. 108 |
| 2021 | Independent living | Double occupancy fee | 3.7%calculated from the dollar amounts | $1,035 to $1,073p. 108 |
Refunds
What comes back from the entrance fee when you leave or die, and when it is paid.
90% Refund Amountp. 25
10% of the entrance fee is a non-refundable Community Fee; the other 90% is refunded unless it was spent down for your care. It is paid within 60 days of your turn in a sequential refund queue, and only once a Refund Account funded by new residents' entrance fees holds enough to pay it in full; no maximum wait is stated.
- Kept on move-in
- 10% of the fee
- Declines by
- Does not decline
- Never less than
- 90% of the fee
- Longest wait
- No limit stated
- Paid
- In turn, from a fund of new residents' entrance fees
Refund calculator
Estimated refund: $246,600 (90% of the fee)
When it is paid: in turn, from a fund of new residents' entrance fees. This applies the plan terms as recorded from the filing, counting a part month as a whole one. The signed contract governs, and charges you owe or care paid for from the fee can be deducted first.
How entrance-fee refunds work, and why the payment date matters
Finances
Whether the organisation behind the community has the cash and income to keep its promises for decades.
- Balance sheet and ratios: Ashby Ponds, Inc.
- Days cash on hand was calculated by us from the audited statements using the standard formula. The formula
Days cash on hand
137 days FY2023p. 114
- Its lenders’ minimum: Not disclosed in the 2024 filing
- Industry median: 321 days Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Debt service coverage
Not disclosed in the 2024 filing
- Its lenders’ minimum: Not disclosed in the 2024 filing
- Industry median: 1.80x Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
How to read these figures: what each one measures and why a lender’s minimum is a floor, not a target.
Balance sheet and trend
| Fiscal year | FY2023p. 114 | FY2022p. 114 |
|---|---|---|
| Days cash on hand | 137 days | Not disclosed |
| Total assets | $613.6 million | $579.9 million |
| Total liabilities | $701.6 million | $657.5 million |
| Long-term debt | Not disclosed | Not disclosed |
| Entrance fees not yet earned (deferred revenue) | Not disclosed | Not disclosed |
| Refunds owed to residents (refundable fee liability) | $14.1 million | $15.6 million |
| Entrance-fee liabilities, not split in the filing | $672.5 million | $624.0 million |
| Net position (assets minus liabilities) | −$88.0 million | −$77.6 million |
Auditor: PricewaterhouseCoopers LLP. Opinion: Unmodified (clean) opinionp. 114
Occupancy
| Level of care | 2023p. 192 |
|---|---|
| Independent living | 97.4% |
| Assisted living | 100% |
| Memory care | 97.2% |
| Nursing care | 97.7% |
Events the filing reports
Dated facts the disclosure statement states, such as bond issues, missed covenants or changes of ownership.
- 2024-06 The FY2023 audit report (dated June 5, 2024) states the 2022 financial statements were restated to correct the accounting for certain lease-related arrangements; the opinion was not modified.p. 112
Nursing care on campus
From CMS Care Compare, data as of 2026-09-01. These are the federal government’s ratings of the nursing center, not ours.
- Overall
- 4 of 5
- Health inspections
- 3 of 5
- Staffing
- 5 of 5
- Quality measures
- 4 of 5
Fines recorded by CMS: 3 totalling $6,293. Health citations since 2023-10-16: 7. ASHBY PONDS INC on Care Compare
In brief
Ashby Ponds is a community on about 123 acres in Ashburn that opened in 2008, run by the nonprofit Ashby Ponds, Inc. and managed by Erickson Senior Living, with 1,407 independent living, 56 assisted living, 36 memory care and 44 nursing units in 2023. 2025 entrance fees run from $274,000 to $1,417,000, 90% refundable once the refund account has money from new residents' entrance fees, and residents pay fee-for-service rates if they need care. Ashby Ponds, Inc. reported a 2023 operating loss of $12.5 million and net assets of -$88.0 million.PDF
Nearest communities in Virginia
- Falcons Landing
Potomac Falls · 4 miles away
Entrance fee: $22,800 to $877,600
- The Woodlands
Fairfax · 14 miles away
Entrance fee: $346,000 to $765,000
- The Mather
Tysons · 15 miles away
Entrance fee: $698,500 to $4,783,800
Sources
- Ashby Ponds — Disclosure Statement (December 2024)Virginia State Corporation Commission, Bureau of Insurance · filed 2024, fiscal 2023 finances · 192 pages · retrieved 2026-10-15
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