Patriots Colony
6000 Patriots Colony Drive, Williamsburg, Virginia 23188
- Operator:
- Patriots Colony, Inc. (sole member: Riverside Healthcare Association, Inc., d/b/a Riverside Health)
- Ownership:
- Nonprofit
- Affiliation:
- Military/federal service: residency for retired or former uniformed-services officers, retired GS-7+ federal civilians and equivalents, and their spouses/widows(ers) (p27).
- Opened:
- 1996
Patriots Colony, Inc. is a 501(c)(3) nonstock corporation whose sole member is Riverside Healthcare Association; Riverside holds title to the 90+ acre site and Patriots Colony owns the buildings. Riverside has no responsibility for Patriots Colony's financial or contractual obligations (p4-5).
- Type B (modified)
- Type C (fee for service)
Figures from the 2025 disclosure statement (fiscal 2024 finances), filed with the Virginia State Corporation Commission, Bureau of Insurance.PDF The finances describe fiscal 2024; this is the newest statement we have for Patriots Colony, and a later one may have been filed since.
At a glance
Monthly fee, independent living
$3,242 to $7,920p. 42
Refund plans offered
- Plan 0 (Declining Refund)Can decline to nothing
- Plan 50Never less than 50% of the fee
- Plan 95Never less than 95% of the fee
Days cash on hand
987 (FY2024, calculated by us)p. 204Lenders' minimum not disclosed.Figures for Patriots Colony, Inc.
Read the note on this figure
Computed from Patriots Colony's column in Riverside Health's audited consolidating schedules: cash $14K + investments $73.5M over cash operating expenses ($31.8M less $4.7M depreciation). Excludes $25.6M due from affiliates. The disclosure narrative (p29) cites an $85M investment balance, which the schedule does not show.
Independent living occupancy
97% (2024)p. 40
Nursing care, CMS overall rating
4 of 5CMS data as of 2026-09-01
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 B (modified): A set number of care days is included, or care is charged at a stated discount.
- Type C (fee for service): Care is charged at market rates when you need it.
How the contract types compare
Type B (modified)The filing calls it LifeCare; we class contracts by how care is priced (our definitions).
LifeCare residents get up to 10 temporary days of assisted living or nursing care at no charge over the life of the agreement. On a permanent move to the Health Center they give up their residence and pay a single published Resident Health Care Rate ($4,520 or $5,179 a month in 2025, by fee choice) instead of public rates; the contract lets that rate change.p. 92
- Assisted living
- Resident Health Care Rate: $4,520/month (Choice 1) or $5,179/month (Choice 2) for a private assisted living or memory care suite, 2025
- Nursing care
- Same Resident Health Care Rate for a semi-private nursing room; private room differential $42/day
- Care days included
- 10
- Priority for a bed
- Yes, residents come before outside admissions
Type C (fee for service)The filing calls it Residence and Services; we class contracts by how care is priced (our definitions).
Residence and Services residents pay the public rate for any temporary or permanent Health Center stay, with guaranteed priority over non-residents.p. 26
- Assisted living
- Current published public rate
- Nursing care
- Current published public rate
- Priority for a bed
- Yes, residents come before outside admissions
| Independent living | 242 |
|---|---|
| Assisted living | 66 |
| Memory care | Not disclosed in the 2025 filing |
| Nursing care | 60 |
Entrance fees
One-person prices as the filing lists them, by contract. A second person usually pays the extra amount shown.
LifeCare Agreement · Type B (modified) (36 prices, $223,655 to $912,827)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Apartments A — 1 BR/1 Bath (Choice 1) | 897 | Plan 0 (Declining Refund) | from $272,744p. 42 | $50,236 |
| Apartments A — 1 BR/1 Bath (Choice 2) | 897 | Plan 0 (Declining Refund) | from $223,655p. 42 | $50,236 |
| Apartments B — 1 BR/1 Bath (Deluxe) (Choice 1) | 964 | Plan 0 (Declining Refund) | from $313,750p. 42 | $50,236 |
| Apartments B — 1 BR/1 Bath (Deluxe) (Choice 2) | 964 | Plan 0 (Declining Refund) | from $257,110p. 42 | $50,236 |
| Apartments D — 2 BR/2 Bath (Choice 1) | 1,244 | Plan 0 (Declining Refund) | from $391,758p. 42 | $50,236 |
| Apartments D — 2 BR/2 Bath (Choice 2) | 1,244 | Plan 0 (Declining Refund) | from $332,948p. 42 | $50,236 |
| Apartments E — 2 BR/2 Bath (Deluxe) (Choice 1) | 1,312 | Plan 0 (Declining Refund) | from $423,468p. 42 | $50,236 |
| Apartments E — 2 BR/2 Bath (Deluxe) (Choice 2) | 1,312 | Plan 0 (Declining Refund) | from $356,539p. 42 | $50,236 |
| Apartments G — 2 BR/2 Bath/Study (Choice 1) | 1,505 | Plan 0 (Declining Refund) | from $499,137p. 42 | $50,236 |
| Apartments G — 2 BR/2 Bath/Study (Choice 2) | 1,505 | Plan 0 (Declining Refund) | from $409,060p. 42 | $50,236 |
| Apartments I & J — 2 BR/2 Bath/Study (Deluxe) (Choice 1) | 1,815 | Plan 0 (Declining Refund) | from $561,673p. 42 | $50,236 |
| Apartments I & J — 2 BR/2 Bath/Study (Deluxe) (Choice 2) | 1,815 | Plan 0 (Declining Refund) | from $460,547p. 42 | $50,236 |
| Villas C-1 — 1 BR/1 Bath/Sunroom (Choice 1) | 1,125 | Plan 0 (Declining Refund) | from $372,379p. 42 | $50,236 |
| Villas C-1 — 1 BR/1 Bath/Sunroom (Choice 2) | 1,125 | Plan 0 (Declining Refund) | from $308,328p. 42 | $50,236 |
| Villas F — 2 BR/2 Bath/Screen Porch (Choice 1) | 1,361 | Plan 0 (Declining Refund) | from $510,143p. 42 | $50,236 |
| Villas F — 2 BR/2 Bath/Screen Porch (Choice 2) | 1,361 | Plan 0 (Declining Refund) | from $418,448p. 42 | $50,236 |
| Villas F-1 — 2 BR/2 Bath/Sunroom (Choice 1) | 1,549 | Plan 0 (Declining Refund) | from $545,589p. 42 | $50,236 |
| Villas F-1 — 2 BR/2 Bath/Sunroom (Choice 2) | 1,549 | Plan 0 (Declining Refund) | from $450,621p. 42 | $50,236 |
| Villas K/L — 2 BR/2 Bath/Screen Porch (Choice 1) | 1,707 | Plan 0 (Declining Refund) | from $625,579p. 42 | $50,236 |
| Villas K/L — 2 BR/2 Bath/Screen Porch (Choice 2) | 1,707 | Plan 0 (Declining Refund) | from $513,046p. 42 | $50,236 |
| Villas K/L-1 — 2 BR/2 Bath/Study/Sunroom (Choice 1) | 1,895 | Plan 0 (Declining Refund) | from $654,989p. 42 | $50,236 |
| Villas K/L-1 — 2 BR/2 Bath/Study/Sunroom (Choice 2) | 1,895 | Plan 0 (Declining Refund) | from $539,940p. 42 | $50,236 |
| Presidents Pavilion Yorktown — 1 BR/2 Bath/Den (Choice 1) | 1,460 | Plan 0 (Declining Refund) | from $531,582p. 42 | $50,236 |
| Presidents Pavilion Yorktown — 1 BR/2 Bath/Den (Choice 2) | 1,460 | Plan 0 (Declining Refund) | from $435,897p. 42 | $50,236 |
| Presidents Pavilion Jamestown — 2 BR/2 Bath/Den (Choice 1) | 1,610 | Plan 0 (Declining Refund) | from $581,054p. 42 | $50,236 |
| Presidents Pavilion Jamestown — 2 BR/2 Bath/Den (Choice 2) | 1,610 | Plan 0 (Declining Refund) | from $476,466p. 42 | $50,236 |
| Presidents Pavilion Williamsburg — 2 BR/2 Bath/Den (Deluxe) (Choice 1) | 1,870 | Plan 0 (Declining Refund) | from $697,565p. 42 | $50,236 |
| Presidents Pavilion Williamsburg — 2 BR/2 Bath/Den (Deluxe) (Choice 2) | 1,870 | Plan 0 (Declining Refund) | from $572,003p. 42 | $50,236 |
| Greenspring Homes GS-1 — Base Plan/Finished 2nd Floor Rm (Choice 1) | 2,212 | Plan 0 (Declining Refund) | from $798,083p. 42 | $50,236 |
| Greenspring Homes GS-1 — Base Plan/Finished 2nd Floor Rm (Choice 2) | 2,212 | Plan 0 (Declining Refund) | from $664,970p. 42 | $50,236 |
| Greenspring Homes GS-2 — Base Plan/SR/Finished 2nd Floor Rm (Choice 1) | 2,382 | Plan 0 (Declining Refund) | from $823,578p. 42 | $50,236 |
| Greenspring Homes GS-2 — Base Plan/SR/Finished 2nd Floor Rm (Choice 2) | 2,382 | Plan 0 (Declining Refund) | from $685,890p. 42 | $50,236 |
| Greenspring Homes GS-3 — Base Plan/SR/Finished 2nd Floor Rm/Bath (Choice 1) | 2,462 | Plan 0 (Declining Refund) | from $838,749p. 42 | $50,236 |
| Greenspring Homes GS-3 — Base Plan/SR/Finished 2nd Floor Rm/Bath (Choice 2) | 2,462 | Plan 0 (Declining Refund) | from $698,331p. 42 | $50,236 |
| Greenspring Homes GS-4 — Base Plan/SR/Finished 2nd Floor (Choice 1) | 2,850 | Plan 0 (Declining Refund) | from $912,827p. 42 | $50,236 |
| Greenspring Homes GS-4 — Base Plan/SR/Finished 2nd Floor (Choice 2) | 2,850 | Plan 0 (Declining Refund) | from $759,070p. 42 | $50,236 |
Residence and Services Agreement · Type C (fee for service) (36 prices, $177,629 to $724,977)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Apartments A — 1 BR/1 Bath (Choice 1) | 897 | Plan 0 (Declining Refund) | from $216,616p. 43 | $7,132 |
| Apartments A — 1 BR/1 Bath (Choice 2) | 897 | Plan 0 (Declining Refund) | from $177,629p. 43 | $7,132 |
| Apartments B — 1 BR/1 Bath (Deluxe) (Choice 1) | 964 | Plan 0 (Declining Refund) | from $249,180p. 43 | $7,132 |
| Apartments B — 1 BR/1 Bath (Deluxe) (Choice 2) | 964 | Plan 0 (Declining Refund) | from $204,201p. 43 | $7,132 |
| Apartments D — 2 BR/2 Bath (Choice 1) | 1,244 | Plan 0 (Declining Refund) | from $322,558p. 43 | $7,132 |
| Apartments D — 2 BR/2 Bath (Choice 2) | 1,244 | Plan 0 (Declining Refund) | from $245,728p. 43 | $7,132 |
| Apartments E — 2 BR/2 Bath (Deluxe) (Choice 1) | 1,312 | Plan 0 (Declining Refund) | from $345,572p. 43 | $7,132 |
| Apartments E — 2 BR/2 Bath (Deluxe) (Choice 2) | 1,312 | Plan 0 (Declining Refund) | from $283,169p. 43 | $7,132 |
| Apartments G — 2 BR/2 Bath/Study (Choice 1) | 1,505 | Plan 0 (Declining Refund) | from $396,417p. 43 | $7,132 |
| Apartments G — 2 BR/2 Bath/Study (Choice 2) | 1,505 | Plan 0 (Declining Refund) | from $324,881p. 43 | $7,132 |
| Apartments I & J — 2 BR/2 Bath/Study (Deluxe) (Choice 1) | 1,815 | Plan 0 (Declining Refund) | from $446,090p. 43 | $7,132 |
| Apartments I & J — 2 BR/2 Bath/Study (Deluxe) (Choice 2) | 1,815 | Plan 0 (Declining Refund) | from $365,772p. 43 | $7,132 |
| Villas C-1 — 1 BR/1 Bath/Sunroom (Choice 1) | 1,125 | Plan 0 (Declining Refund) | from $299,108p. 43 | $7,132 |
| Villas C-1 — 1 BR/1 Bath/Sunroom (Choice 2) | 1,125 | Plan 0 (Declining Refund) | from $248,235p. 43 | $7,132 |
| Villas F — 2 BR/2 Bath/Screen Porch (Choice 1) | 1,361 | Plan 0 (Declining Refund) | from $405,157p. 43 | $7,132 |
| Villas F — 2 BR/2 Bath/Screen Porch (Choice 2) | 1,361 | Plan 0 (Declining Refund) | from $332,332p. 43 | $7,132 |
| Villas F-1 — 2 BR/2 Bath/Sunroom (Choice 1) | 1,549 | Plan 0 (Declining Refund) | from $436,651p. 43 | $7,132 |
| Villas F-1 — 2 BR/2 Bath/Sunroom (Choice 2) | 1,549 | Plan 0 (Declining Refund) | from $361,083p. 43 | $7,132 |
| Villas K/L — 2 BR/2 Bath/Screen Porch (Choice 1) | 1,707 | Plan 0 (Declining Refund) | from $496,840p. 43 | $7,132 |
| Villas K/L — 2 BR/2 Bath/Screen Porch (Choice 2) | 1,707 | Plan 0 (Declining Refund) | from $407,461p. 43 | $7,132 |
| Villas K/L-1 — 2 BR/2 Bath/Study/Sunroom (Choice 1) | 1,895 | Plan 0 (Declining Refund) | from $523,368p. 43 | $7,132 |
| Villas K/L-1 — 2 BR/2 Bath/Study/Sunroom (Choice 2) | 1,895 | Plan 0 (Declining Refund) | from $431,998p. 43 | $7,132 |
| Presidents Pavilion Yorktown — 1 BR/2 Bath/Den (Choice 1) | 1,460 | Plan 0 (Declining Refund) | from $422,183p. 43 | $7,132 |
| Presidents Pavilion Yorktown — 1 BR/2 Bath/Den (Choice 2) | 1,460 | Plan 0 (Declining Refund) | from $346,189p. 43 | $7,132 |
| Presidents Pavilion Jamestown — 2 BR/2 Bath/Den (Choice 1) | 1,610 | Plan 0 (Declining Refund) | from $465,031p. 43 | $7,132 |
| Presidents Pavilion Jamestown — 2 BR/2 Bath/Den (Choice 2) | 1,610 | Plan 0 (Declining Refund) | from $381,327p. 43 | $7,132 |
| Presidents Pavilion Williamsburg — 2 BR/2 Bath/Den (Deluxe) (Choice 1) | 1,870 | Plan 0 (Declining Refund) | from $557,390p. 43 | $7,132 |
| Presidents Pavilion Williamsburg — 2 BR/2 Bath/Den (Deluxe) (Choice 2) | 1,870 | Plan 0 (Declining Refund) | from $457,060p. 43 | $7,132 |
| Greenspring Homes GS-1 — Base Plan/Finished 2nd Floor Rm (Choice 1) | 2,212 | Plan 0 (Declining Refund) | from $633,841p. 43 | $7,132 |
| Greenspring Homes GS-1 — Base Plan/Finished 2nd Floor Rm (Choice 2) | 2,212 | Plan 0 (Declining Refund) | from $528,125p. 43 | $7,132 |
| Greenspring Homes GS-2 — Base Plan/SR/Finished 2nd Floor Rm (Choice 1) | 2,382 | Plan 0 (Declining Refund) | from $654,095p. 43 | $7,132 |
| Greenspring Homes GS-2 — Base Plan/SR/Finished 2nd Floor Rm (Choice 2) | 2,382 | Plan 0 (Declining Refund) | from $544,742p. 43 | $7,132 |
| Greenspring Homes GS-3 — Base Plan/SR/Finished 2nd Floor Rm/Bath (Choice 1) | 2,462 | Plan 0 (Declining Refund) | from $666,145p. 43 | $7,132 |
| Greenspring Homes GS-3 — Base Plan/SR/Finished 2nd Floor Rm/Bath (Choice 2) | 2,462 | Plan 0 (Declining Refund) | from $554,622p. 43 | $7,132 |
| Greenspring Homes GS-4 — Base Plan/SR/Finished 2nd Floor (Choice 1) | 2,850 | Plan 0 (Declining Refund) | from $724,977p. 43 | $7,132 |
| Greenspring Homes GS-4 — Base Plan/SR/Finished 2nd Floor (Choice 2) | 2,850 | Plan 0 (Declining Refund) | from $602,858p. 43 | $7,132 |
Monthly fees
What residents pay each month, by contract and level of care. A second person adds the amount shown.
LifeCare Agreement · Type B (modified) (42 prices, $3,242 to $7,920)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Apartments A — 1 BR/1 Bath (Choice 1) | Independent living | from $3,242p. 42 | $1,407 |
| Apartments A — 1 BR/1 Bath (Choice 2) | Independent living | from $3,899p. 42 | $1,407 |
| Apartments B — 1 BR/1 Bath (Deluxe) (Choice 1) | Independent living | from $3,368p. 42 | $1,407 |
| Apartments B — 1 BR/1 Bath (Deluxe) (Choice 2) | Independent living | from $4,030p. 42 | $1,407 |
| Apartments D — 2 BR/2 Bath (Choice 1) | Independent living | from $4,028p. 42 | $1,407 |
| Apartments D — 2 BR/2 Bath (Choice 2) | Independent living | from $4,674p. 42 | $1,407 |
| Apartments E — 2 BR/2 Bath (Deluxe) (Choice 1) | Independent living | from $4,181p. 42 | $1,407 |
| Apartments E — 2 BR/2 Bath (Deluxe) (Choice 2) | Independent living | from $4,836p. 42 | $1,407 |
| Apartments G — 2 BR/2 Bath/Study (Choice 1) | Independent living | from $4,604p. 42 | $1,407 |
| Apartments G — 2 BR/2 Bath/Study (Choice 2) | Independent living | from $5,250p. 42 | $1,407 |
| Apartments I & J — 2 BR/2 Bath/Study (Deluxe) (Choice 1) | Independent living | from $4,886p. 42 | $1,407 |
| Apartments I & J — 2 BR/2 Bath/Study (Deluxe) (Choice 2) | Independent living | from $5,539p. 42 | $1,407 |
| Villas C-1 — 1 BR/1 Bath/Sunroom (Choice 1) | Independent living | from $3,626p. 42 | $1,407 |
| Villas C-1 — 1 BR/1 Bath/Sunroom (Choice 2) | Independent living | from $4,311p. 42 | $1,407 |
| Villas F — 2 BR/2 Bath/Screen Porch (Choice 1) | Independent living | from $4,388p. 42 | $1,407 |
| Villas F — 2 BR/2 Bath/Screen Porch (Choice 2) | Independent living | from $5,043p. 42 | $1,407 |
| Villas F-1 — 2 BR/2 Bath/Sunroom (Choice 1) | Independent living | from $4,569p. 42 | $1,407 |
| Villas F-1 — 2 BR/2 Bath/Sunroom (Choice 2) | Independent living | from $5,249p. 42 | $1,407 |
| Villas K/L — 2 BR/2 Bath/Screen Porch (Choice 1) | Independent living | from $5,099p. 42 | $1,407 |
| Villas K/L — 2 BR/2 Bath/Screen Porch (Choice 2) | Independent living | from $5,740p. 42 | $1,407 |
| Villas K/L-1 — 2 BR/2 Bath/Study/Sunroom (Choice 1) | Independent living | from $5,275p. 42 | $1,407 |
| Villas K/L-1 — 2 BR/2 Bath/Study/Sunroom (Choice 2) | Independent living | from $5,949p. 42 | $1,407 |
| Presidents Pavilion Yorktown — 1 BR/2 Bath/Den (Choice 1) | Independent living | from $4,903p. 42 | $1,407 |
| Presidents Pavilion Yorktown — 1 BR/2 Bath/Den (Choice 2) | Independent living | from $5,495p. 42 | $1,407 |
| Presidents Pavilion Jamestown — 2 BR/2 Bath/Den (Choice 1) | Independent living | from $5,256p. 42 | $1,407 |
| Presidents Pavilion Jamestown — 2 BR/2 Bath/Den (Choice 2) | Independent living | from $5,884p. 42 | $1,407 |
| Presidents Pavilion Williamsburg — 2 BR/2 Bath/Den (Deluxe) (Choice 1) | Independent living | from $5,620p. 42 | $1,407 |
| Presidents Pavilion Williamsburg — 2 BR/2 Bath/Den (Deluxe) (Choice 2) | Independent living | from $6,297p. 42 | $1,407 |
| Greenspring Homes GS-1 — Base Plan/Finished 2nd Floor Rm (Choice 1) | Independent living | from $6,184p. 42 | $1,407 |
| Greenspring Homes GS-1 — Base Plan/Finished 2nd Floor Rm (Choice 2) | Independent living | from $6,931p. 42 | $1,407 |
| Greenspring Homes GS-2 — Base Plan/SR/Finished 2nd Floor Rm (Choice 1) | Independent living | from $6,424p. 42 | $1,407 |
| Greenspring Homes GS-2 — Base Plan/SR/Finished 2nd Floor Rm (Choice 2) | Independent living | from $7,197p. 42 | $1,407 |
| Greenspring Homes GS-3 — Base Plan/SR/Finished 2nd Floor Rm/Bath (Choice 1) | Independent living | from $6,533p. 42 | $1,407 |
| Greenspring Homes GS-3 — Base Plan/SR/Finished 2nd Floor Rm/Bath (Choice 2) | Independent living | from $7,321p. 42 | $1,407 |
| Greenspring Homes GS-4 — Base Plan/SR/Finished 2nd Floor (Choice 1) | Independent living | from $7,062p. 42 | $1,407 |
| Greenspring Homes GS-4 — Base Plan/SR/Finished 2nd Floor (Choice 2) | Independent living | from $7,920p. 42 | $1,407 |
| Resident Health Care Rate (Choice 1); private AL/memory suite or semi-private nursing room | Assisted living | from $4,520p. 42 | Not listed |
| Resident Health Care Rate (Choice 1); private AL/memory suite or semi-private nursing room | Memory care | from $4,520p. 42 | Not listed |
| Resident Health Care Rate (Choice 1); private AL/memory suite or semi-private nursing room | Nursing care | from $4,520p. 42 | Not listed |
| Resident Health Care Rate (Choice 2); private AL/memory suite or semi-private nursing room | Assisted living | from $5,179p. 42 | Not listed |
| Resident Health Care Rate (Choice 2); private AL/memory suite or semi-private nursing room | Memory care | from $5,179p. 42 | Not listed |
| Resident Health Care Rate (Choice 2); private AL/memory suite or semi-private nursing room | Nursing care | from $5,179p. 42 | Not listed |
Residence and Services Agreement · Type C (fee for service) (36 prices, $3,242 to $7,920)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Apartments A — 1 BR/1 Bath (Choice 1) | Independent living | from $3,242p. 43 | $1,407 |
| Apartments A — 1 BR/1 Bath (Choice 2) | Independent living | from $3,899p. 43 | $1,407 |
| Apartments B — 1 BR/1 Bath (Deluxe) (Choice 1) | Independent living | from $3,368p. 43 | $1,407 |
| Apartments B — 1 BR/1 Bath (Deluxe) (Choice 2) | Independent living | from $4,030p. 43 | $1,407 |
| Apartments D — 2 BR/2 Bath (Choice 1) | Independent living | from $4,028p. 43 | $1,407 |
| Apartments D — 2 BR/2 Bath (Choice 2) | Independent living | from $4,674p. 43 | $1,407 |
| Apartments E — 2 BR/2 Bath (Deluxe) (Choice 1) | Independent living | from $4,181p. 43 | $1,407 |
| Apartments E — 2 BR/2 Bath (Deluxe) (Choice 2) | Independent living | from $4,836p. 43 | $1,407 |
| Apartments G — 2 BR/2 Bath/Study (Choice 1) | Independent living | from $4,604p. 43 | $1,407 |
| Apartments G — 2 BR/2 Bath/Study (Choice 2) | Independent living | from $5,250p. 43 | $1,407 |
| Apartments I & J — 2 BR/2 Bath/Study (Deluxe) (Choice 1) | Independent living | from $4,886p. 43 | $1,407 |
| Apartments I & J — 2 BR/2 Bath/Study (Deluxe) (Choice 2) | Independent living | from $5,539p. 43 | $1,407 |
| Villas C-1 — 1 BR/1 Bath/Sunroom (Choice 1) | Independent living | from $3,626p. 43 | $1,407 |
| Villas C-1 — 1 BR/1 Bath/Sunroom (Choice 2) | Independent living | from $4,311p. 43 | $1,407 |
| Villas F — 2 BR/2 Bath/Screen Porch (Choice 1) | Independent living | from $4,388p. 43 | $1,407 |
| Villas F — 2 BR/2 Bath/Screen Porch (Choice 2) | Independent living | from $5,043p. 43 | $1,407 |
| Villas F-1 — 2 BR/2 Bath/Sunroom (Choice 1) | Independent living | from $4,569p. 43 | $1,407 |
| Villas F-1 — 2 BR/2 Bath/Sunroom (Choice 2) | Independent living | from $5,249p. 43 | $1,407 |
| Villas K/L — 2 BR/2 Bath/Screen Porch (Choice 1) | Independent living | from $5,099p. 43 | $1,407 |
| Villas K/L — 2 BR/2 Bath/Screen Porch (Choice 2) | Independent living | from $5,740p. 43 | $1,407 |
| Villas K/L-1 — 2 BR/2 Bath/Study/Sunroom (Choice 1) | Independent living | from $5,275p. 43 | $1,407 |
| Villas K/L-1 — 2 BR/2 Bath/Study/Sunroom (Choice 2) | Independent living | from $5,949p. 43 | $1,407 |
| Presidents Pavilion Yorktown — 1 BR/2 Bath/Den (Choice 1) | Independent living | from $4,903p. 43 | $1,407 |
| Presidents Pavilion Yorktown — 1 BR/2 Bath/Den (Choice 2) | Independent living | from $5,495p. 43 | $1,407 |
| Presidents Pavilion Jamestown — 2 BR/2 Bath/Den (Choice 1) | Independent living | from $5,256p. 43 | $1,407 |
| Presidents Pavilion Jamestown — 2 BR/2 Bath/Den (Choice 2) | Independent living | from $5,884p. 43 | $1,407 |
| Presidents Pavilion Williamsburg — 2 BR/2 Bath/Den (Deluxe) (Choice 1) | Independent living | from $5,620p. 43 | $1,407 |
| Presidents Pavilion Williamsburg — 2 BR/2 Bath/Den (Deluxe) (Choice 2) | Independent living | from $6,297p. 43 | $1,407 |
| Greenspring Homes GS-1 — Base Plan/Finished 2nd Floor Rm (Choice 1) | Independent living | from $6,184p. 43 | $1,407 |
| Greenspring Homes GS-1 — Base Plan/Finished 2nd Floor Rm (Choice 2) | Independent living | from $6,931p. 43 | $1,407 |
| Greenspring Homes GS-2 — Base Plan/SR/Finished 2nd Floor Rm (Choice 1) | Independent living | from $6,424p. 43 | $1,407 |
| Greenspring Homes GS-2 — Base Plan/SR/Finished 2nd Floor Rm (Choice 2) | Independent living | from $7,197p. 43 | $1,407 |
| Greenspring Homes GS-3 — Base Plan/SR/Finished 2nd Floor Rm/Bath (Choice 1) | Independent living | from $6,533p. 43 | $1,407 |
| Greenspring Homes GS-3 — Base Plan/SR/Finished 2nd Floor Rm/Bath (Choice 2) | Independent living | from $7,321p. 43 | $1,407 |
| Greenspring Homes GS-4 — Base Plan/SR/Finished 2nd Floor (Choice 1) | Independent living | from $7,062p. 43 | $1,407 |
| Greenspring Homes GS-4 — Base Plan/SR/Finished 2nd Floor (Choice 2) | Independent living | from $7,920p. 43 | $1,407 |
Fee increases, year by year
| Year | Level of care | Unit | Increase | Monthly fee, before and after |
|---|---|---|---|---|
| 2025 | Independent living | All units | 4.5% | Percent onlyp. 28 |
| 2024 | Independent living | All units | 5% | Percent onlyp. 28 |
| 2023 | Independent living | All units | 6% | Percent onlyp. 28 |
| 2022 | Independent living | All units | 3% | Percent onlyp. 28 |
| 2021 | Independent living | All units | 2.25% | Percent onlyp. 28 |
| 2020 | Independent living | All units | 2.75% | Percent onlyp. 28 |
| 2019 | Independent living | All units | 3.8% | Percent onlyp. 28 |
Refunds
What comes back from the entrance fee when you leave or die, and when it is paid.
Plan 0 (Declining Refund)p. 69
The published base price. Refund falls 2% a month from the first month of occupancy and reaches zero after 50 months. Refunds are paid within 60 business days after the residence is vacated and re-occupied by a new resident.
- Kept on move-in
- 0% of the fee
- Declines by
- 2% a month for 50 months
- Never less than
- Nothing: it can decline to zero
- Longest wait
- No limit stated
- Paid
- When your unit is re-occupied and the new resident has paid
Plan 50p. 70
Costs Plan 0 plus 35% (ages 55-80) or plus 75% (ages 81-85); not offered at 86+. Refund falls 2% a month for 25 months and then stays at 50%, paid after the residence is re-occupied.
- Kept on move-in
- 0% of the fee
- Declines by
- 2% a month for 25 months
- Never less than
- 50% of the fee
- Longest wait
- No limit stated
- Paid
- When your unit is re-occupied and the new resident has paid
Plan 95p. 70
Costs Plan 0 plus 75% (ages 55-80) or plus 150% (ages 81-85); not offered at 86+. After the first month, 95% of the entrance fee is refunded regardless of length of stay, paid after the residence is re-occupied.
- Kept on move-in
- 5% of the fee
- Declines by
- Does not decline
- Never less than
- 95% of the fee
- Longest wait
- No limit stated
- Paid
- When your unit is re-occupied and the new resident has paid
Refund calculator
Estimated refund: $0 (0% of the fee)
When it is paid: when your unit is re-occupied and the new resident has paid. 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.
- Patriots Colony is part of Riverside Health (Riverside Healthcare Association, Inc. and subsidiaries).
- Balance sheet: Patriots Colony, Inc. (column in Riverside Health consolidating schedules).
- Ratios: Patriots Colony, Inc.
- Days cash on hand was calculated by us from the audited statements using the standard formula. The formula
Days cash on hand
987 days FY2024p. 204
- Its lenders’ minimum: Not disclosed in the 2025 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 2025 filing
- Its lenders’ minimum: Not disclosed in the 2025 filing
- Industry median: 1.80x Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Read with these figuresComputed from Patriots Colony's column in Riverside Health's audited consolidating schedules: cash $14K + investments $73.5M over cash operating expenses ($31.8M less $4.7M depreciation). Excludes $25.6M due from affiliates. The disclosure narrative (p29) cites an $85M investment balance, which the schedule does not show.
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 | FY2024p. 204 | FY2023p. 40 |
|---|---|---|
| Days cash on hand | 987 days | Not disclosed |
| Operating margin | 6.4% | Not disclosed |
| Total assets | $147.1 million | $141.2 million |
| Total liabilities | $52.5 million | $51.6 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) | Not disclosed | Not disclosed |
| Entrance-fee liabilities, not split in the filing | $44.0 million | Not disclosed |
| Net position (assets minus liabilities) | $94.5 million | $89.3 million |
Auditor: KPMG LLP. Opinion: Unmodified (clean) opinionp. 204
Occupancy
| Level of care | 2024p. 40 |
|---|---|
| Independent living | 97% |
| Assisted living | 95% |
| Memory care | Not disclosed |
| Nursing care | 87% |
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
- 4 of 5
- Staffing
- 1 of 5
- Quality measures
- 5 of 5
Fines recorded by CMS: 0. Health citations since 2023-10-16: 2. RIVERSIDE LIFELONG HEALTH & REHABILITATION PATRI on Care Compare
In brief
Patriots Colony in Williamsburg, Virginia, is a nonprofit community owned by Riverside Health for retired uniformed-services officers, federal civilians and their spouses, with 242 independent living residences, 66 assisted living and memory care beds and a 60-bed nursing home. 2025 entrance fees under the declining-refund plan ranged from $177,629 to $912,827, with 50% and 95% refund plans priced higher, and LifeCare residents get 10 lifetime days of care at no charge and then pay a single published Resident Health Care Rate for assisted living or nursing. Patriots Colony reported an operating income of $2.2 million on $34.0 million of revenue in 2024.PDF
Nearest communities in Virginia
- Williamsburg Landing
Williamsburg · 5 miles away
Entrance fee: $48,067 to $1,054,547
- Warwick Forest
Newport News · 18 miles away
Entrance fee: $148,328 to $377,659
- Sanders
Gloucester · 19 miles away
Entrance fee: None: rental
Sources
- Patriots Colony — 2025 Disclosure StatementVirginia State Corporation Commission, Bureau of Insurance · filed 2025, fiscal 2024 finances · 207 pages · retrieved 2026-10-15
Each page tab above opens this PDF at the page the figure came from. Spotted a figure that does not match its page? Tell us and it is checked against the filing.