The Village at Orchard Ridge
400 Clocktower Ridge Drive, Winchester, Virginia 22603
- Operator:
- The Village at Orchard Ridge, Inc. (managed by National Lutheran Communities and Services)
- Ownership:
- Nonprofit
- Affiliation:
- Lutheran (Evangelical Lutheran Church in America)
- Opened:
- 2013
- Type C (fee for service)
- Rental
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 The Village at Orchard Ridge, and a later one may have been filed since.
At a glance
Entrance fee, one person, every plan
Refund plans offered
- Traditional Declining RefundCan decline to nothing
- 50% RefundNever less than 50% of the fee
- 80% RefundNever less than 80% of the fee
Days cash on hand
Read the note on this figure
The reported 217 days cash on hand is management's figure from the disclosure narrative, not an audited ratio, and it only holds by counting outside money: a $13.96M beneficial interest in investments held by affiliate National Lutheran Home for the Aged under a debt support agreement. On its own cash and investments ($2.84M on the audited balance sheet) Orchard Ridge had about 42 days of cash operating expenses.
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.
- Rental: No entrance fee and no promise of future care.
How the contract types compare
Type C (fee for service)The filing calls it Type C contract (fee for service); we class contracts by how care is priced (our definitions).
Entrance-fee residents get priority access to assisted living, memory care and nursing but pay the then-published rates. A guaranteed refundable entrance fee balance may be applied to care at the community once other resources are depleted. Rental residents have no contractual priority access.p. 12
- Assisted living
- Then-current published rates (2025: $7,971 to $10,798 a month by unit and level)
- Nursing care
- Then-current published rates (2025 private pay: $575 a day)
- Priority for a bed
- Yes, residents come before outside admissions
| Independent living | 308 |
|---|---|
| Assisted living | 17 |
| Memory care | 18 |
| Nursing care | 20 |
Entrance fees
One-person prices as the filing lists them, by contract. A second person usually pays the extra amount shown.
Residence and Services Agreement · Type C (fee for service) (63 prices, $276,610 to $1,268,780)
| Unit | Sq ft | Refund plan | Price, one person | Second person |
|---|---|---|---|---|
| Apt - Cameo | 786 | Traditional Declining Refund | from $276,610p. 14 | $9,780 |
| Apt - Cameo | 786 | 50% Refund | from $363,410p. 14 | $13,830 |
| Apt - Cameo | 786 | 80% Refund | from $555,280p. 14 | $20,190 |
| Apt - Cortland | 790 | Traditional Declining Refund | from $287,390p. 14 | $9,780 |
| Apt - Cortland | 790 | 50% Refund | from $377,620p. 14 | $13,830 |
| Apt - Cortland | 790 | 80% Refund | from $576,720p. 14 | $20,190 |
| Apt - Wellington | 892 | Traditional Declining Refund | from $310,040p. 14 | $9,780 |
| Apt - Wellington | 892 | 50% Refund | from $407,330p. 14 | $13,830 |
| Apt - Wellington | 892 | 80% Refund | from $622,390p. 14 | $20,190 |
| Apt - Geneva | 938 | Traditional Declining Refund | from $314,020p. 14 | $9,780 |
| Apt - Geneva | 938 | 50% Refund | from $412,540p. 14 | $13,830 |
| Apt - Geneva | 938 | 80% Refund | from $630,410p. 14 | $20,190 |
| Apt - Braeburn | 949 | Traditional Declining Refund | from $327,820p. 14 | $9,780 |
| Apt - Braeburn | 949 | 50% Refund | from $430,730p. 14 | $13,830 |
| Apt - Braeburn | 949 | 80% Refund | from $658,120p. 14 | $20,190 |
| Apt - York | 1,170 | Traditional Declining Refund | from $402,590p. 14 | $9,780 |
| Apt - York | 1,170 | 50% Refund | from $528,940p. 14 | $13,830 |
| Apt - York | 1,170 | 80% Refund | from $738,940p. 14 | $20,190 |
| Apt - Winesap | 1,173 | Traditional Declining Refund | from $412,840p. 14 | $9,780 |
| Apt - Winesap | 1,173 | 50% Refund | from $542,360p. 14 | $13,830 |
| Apt - Winesap | 1,173 | 80% Refund | from $789,350p. 14 | $20,190 |
| Apt - McIntosh | 1,187 | Traditional Declining Refund | from $417,690p. 14 | $9,780 |
| Apt - McIntosh | 1,187 | 50% Refund | from $548,770p. 14 | $13,830 |
| Apt - McIntosh | 1,187 | 80% Refund | from $798,490p. 14 | $20,190 |
| Apt - McIntosh II | 1,223 | Traditional Declining Refund | from $417,690p. 14 | $9,780 |
| Apt - McIntosh II | 1,223 | 50% Refund | from $548,770p. 14 | $13,830 |
| Apt - McIntosh II | 1,223 | 80% Refund | from $798,490p. 14 | $20,190 |
| Apt - Melrose | 1,311 | Traditional Declining Refund | from $437,820p. 14 | $9,780 |
| Apt - Melrose | 1,311 | 50% Refund | from $575,220p. 14 | $13,830 |
| Apt - Melrose | 1,311 | 80% Refund | from $837,080p. 14 | $20,190 |
| Apt - Gala | 1,311 | Traditional Declining Refund | from $442,860p. 14 | $9,780 |
| Apt - Gala | 1,311 | 50% Refund | from $581,820p. 14 | $13,830 |
| Apt - Gala | 1,311 | 80% Refund | from $846,700p. 14 | $20,190 |
| Apt - Rome | 1,368 | Traditional Declining Refund | from $447,900p. 14 | $9,780 |
| Apt - Rome | 1,368 | 50% Refund | from $588,450p. 14 | $13,830 |
| Apt - Rome | 1,368 | 80% Refund | from $856,320p. 14 | $20,190 |
| Apt - Beacon | 1,497 | Traditional Declining Refund | from $585,280p. 14 | $9,780 |
| Apt - Beacon | 1,497 | 50% Refund | from $766,710p. 14 | $13,830 |
| Apt - Beacon | 1,497 | 80% Refund | from $1,170,550p. 14 | $20,190 |
| Apt - Empire | 1,502 | Traditional Declining Refund | from $489,150p. 14 | $9,780 |
| Apt - Empire | 1,502 | 50% Refund | from $632,340p. 14 | $13,830 |
| Apt - Empire | 1,502 | 80% Refund | from $935,220p. 14 | $20,190 |
| Cottage - Mulberry | 1,339 | Traditional Declining Refund | from $425,760p. 14 | $9,780 |
| Cottage - Mulberry | 1,339 | 50% Refund | from $560,410p. 14 | $13,830 |
| Cottage - Mulberry | 1,339 | 80% Refund | from $835,560p. 14 | $20,190 |
| Cottage - Dogwood | 1,355 | Traditional Declining Refund | from $468,300p. 14 | $9,780 |
| Cottage - Dogwood | 1,355 | 50% Refund | from $616,420p. 14 | $13,830 |
| Cottage - Dogwood | 1,355 | 80% Refund | from $919,120p. 14 | $20,190 |
| Cottage - Dogwood II | 1,602 | Traditional Declining Refund | from $515,730p. 14 | $9,780 |
| Cottage - Dogwood II | 1,602 | 50% Refund | from $657,000p. 14 | $13,830 |
| Cottage - Dogwood II | 1,602 | 80% Refund | from $953,230p. 14 | $20,190 |
| Cottage - Redbud | 1,533 | Traditional Declining Refund | from $498,950p. 14 | $9,780 |
| Cottage - Redbud | 1,533 | 50% Refund | from $656,770p. 14 | $13,830 |
| Cottage - Redbud | 1,533 | 80% Refund | from $979,080p. 14 | $20,190 |
| Cottage - Sycamore | 1,664 | Traditional Declining Refund | from $511,950p. 14 | $9,780 |
| Cottage - Sycamore | 1,664 | 50% Refund | from $673,870p. 14 | $13,830 |
| Cottage - Sycamore | 1,664 | 80% Refund | from $1,004,660p. 14 | $20,190 |
| Cottage - Aspen | 1,686 | Traditional Declining Refund | from $634,390p. 14 | $9,780 |
| Cottage - Aspen | 1,686 | 50% Refund | from $831,050p. 14 | $13,830 |
| Cottage - Aspen | 1,686 | 80% Refund | from $1,268,780p. 14 | $20,190 |
| Cottage - Hickory | 1,712 | Traditional Declining Refund | from $537,280p. 15 | $9,780 |
| Cottage - Hickory | 1,712 | 50% Refund | from $707,200p. 15 | $13,830 |
| Cottage - Hickory | 1,712 | 80% Refund | from $1,054,410p. 15 | $20,190 |
Monthly fees
What residents pay each month, by contract and level of care. A second person adds the amount shown.
Residence and Services Agreement · Type C (fee for service) (21 prices, $2,902 to $4,949)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Apt - Cameo | Independent living | $2,902p. 14 | $891 |
| Apt - Cortland | Independent living | $2,988p. 14 | $891 |
| Apt - Wellington | Independent living | $3,019p. 14 | $891 |
| Apt - Geneva | Independent living | $3,070p. 14 | $891 |
| Apt - Braeburn | Independent living | $3,070p. 14 | $891 |
| Apt - York | Independent living | $3,551p. 14 | $891 |
| Apt - Winesap | Independent living | $3,551p. 14 | $891 |
| Apt - McIntosh | Independent living | $3,585p. 14 | $891 |
| Apt - McIntosh II | Independent living | $3,698p. 14 | $891 |
| Apt - Melrose | Independent living | $3,752p. 14 | $891 |
| Apt - Gala | Independent living | $3,752p. 14 | $891 |
| Apt - Rome | Independent living | $3,841p. 14 | $891 |
| Apt - Beacon | Independent living | $3,925p. 14 | $891 |
| Apt - Empire | Independent living | $4,097p. 14 | $891 |
| Cottage - Mulberry | Independent living | $3,925p. 14 | $891 |
| Cottage - Dogwood | Independent living | $4,265p. 14 | $891 |
| Cottage - Dogwood II | Independent living | $4,540p. 14 | $891 |
| Cottage - Redbud | Independent living | $4,437p. 14 | $891 |
| Cottage - Sycamore | Independent living | $4,607p. 14 | $891 |
| Cottage - Aspen | Independent living | $4,778p. 14 | $891 |
| Cottage - Hickory | Independent living | $4,949p. 15 | $891 |
Rental Service Agreement · Rental (9 prices, $4,017 to $4,542)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Cl Apt Goodland (rental) | Independent living | $4,312p. 93 | $891 |
| Cl Apt Redcort (rental) | Independent living | $4,339p. 93 | $891 |
| Cl Apt Harcourt (rental) | Independent living | $4,459p. 93 | $891 |
| Pro Apt Creston (rental) | Independent living | $4,017p. 93 | $891 |
| Pro Apt Stayman (rental) | Independent living | $4,265p. 93 | $891 |
| Pro Apt Westland (rental) | Independent living | $4,283p. 93 | $891 |
| Pro Apt Westland II (rental) | Independent living | $4,283p. 93 | $891 |
| Pro Apt Liberty (rental) | Independent living | $4,538p. 93 | $891 |
| Pro Apt Parkland (rental) | Independent living | $4,542p. 93 | $891 |
Assisted Living Rates · Type C (fee for service) (9 prices, $7,971 to $10,798)
| Unit | Level of care | Per month, one person | Second person |
|---|---|---|---|
| Apt - Pippin (studio) (500 sq ft) | Assisted living | $7,971 to $9,420p. 15 | $2,644 |
| Apt - Creston (711-720 sq ft) | Assisted living | $8,840 to $10,289p. 15 | $2,644 |
| Apt - Westland (739 sq ft) | Assisted living | $9,098 to $10,547p. 15 | $2,644 |
| Apt - Goodland (763 sq ft) | Assisted living | $9,125 to $10,574p. 15 | $2,644 |
| Apt - Redcort (768 sq ft) | Assisted living | $9,151 to $10,600p. 15 | $2,644 |
| Apt - Westland II (776 sq ft) | Assisted living | $9,098 to $10,547p. 15 | $2,644 |
| Apt - Harcourt (789 sq ft) | Assisted living | $9,268 to $10,717p. 15 | $2,644 |
| Apt - Liberty (801 sq ft) | Assisted living | $9,346 to $10,795p. 15 | $2,644 |
| Apt - Parkland (807 sq ft) | Assisted living | $9,349 to $10,798p. 15 | $2,644 |
Assisted Living Memory Care Rates · Type C (fee for service) (2 prices, $9,090 to $12,006)
Fee increases, year by year
| Year | Level of care | Unit | Increase | Monthly fee, before and after |
|---|---|---|---|---|
| 2025 | Independent living | Apt - Cameo | 6.5%calculated from the dollar amounts | $2,725 to $2,902p. 93 |
| 2024 | Independent living | Apt - Cameo | 4.8%calculated from the dollar amounts | $2,601 to $2,725p. 93 |
| 2023 | Independent living | Apt - Cameo | 6.7%calculated from the dollar amounts | $2,438 to $2,601p. 93 |
| 2022 | Independent living | Apt - Cameo | 4.8%calculated from the dollar amounts | $2,326 to $2,438p. 93 |
Refunds
What comes back from the entrance fee when you leave or die, and when it is paid.
Traditional Declining Refundp. 25
A 10% administrative charge is kept, then the refund falls 5% a month for 18 months, after which nothing is refunded. Any refund is paid once the residence has been reserved by a new resident who has paid their entrance fee.
- Kept on move-in
- 10% of the fee
- Declines by
- 5% a month for 18 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
50% Refundp. 25
A 10% administrative charge is kept, then the refund falls 5% a month for 8 months and never below 50% of the entrance fee. Paid once the residence has been reserved by a new resident who has paid their entrance fee.
- Kept on move-in
- 10% of the fee
- Declines by
- 5% a month for 8 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
80% Refundp. 25
A 20% administrative charge is kept and the remaining 80% is refundable. Paid once the residence has been reserved by a new resident who has paid their entrance fee.
- Kept on move-in
- 20% of the fee
- Declines by
- Does not decline
- Never less than
- 80% 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.
- Balance sheet and ratios: The Village at Orchard Ridge, Inc.
- Ratios are interim figures, unaudited.
Days cash on hand
217 days FY2024p. 88
- Its lenders’ minimum: 125 daysp. 88
- Industry median: 321 days Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Debt service coverage
2.10x FY2024p. 88
- Its lenders’ minimum: 1.20xp. 88
- Industry median: 1.80x Ziegler median for fiscal 2022, 132 bond-financed not-for-profit entrance-fee CCRCs
Read with these figuresThe reported 217 days cash on hand is management's figure from the disclosure narrative, not an audited ratio, and it only holds by counting outside money: a $13.96M beneficial interest in investments held by affiliate National Lutheran Home for the Aged under a debt support agreement. On its own cash and investments ($2.84M on the audited balance sheet) Orchard Ridge had about 42 days of cash operating expenses.
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. 63 | FY2023p. 88 |
|---|---|---|
| Days cash on hand | 217 days | 128 days |
| Debt service coverage | 2.10x | 1.38x |
| Total assets | $145.7 million | Not disclosed |
| Total liabilities | $165.0 million | Not disclosed |
| Long-term debt | $72.9 million | Not disclosed |
| Entrance fees not yet earned (deferred revenue) | $34.6 million | Not disclosed |
| Refunds owed to residents (refundable fee liability) | $51.9 million | Not disclosed |
| Net position (assets minus liabilities) | −$19.3 million | Not disclosed |
Auditor: Baker Tilly US, LLP. Opinion: Unmodified (clean) opinionp. 63
Occupancy
Events the filing reports
Dated facts the disclosure statement states, such as bond issues, missed covenants or changes of ownership.
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
- 5 of 5
- Health inspections
- 4 of 5
- Staffing
- 5 of 5
- Quality measures
- 4 of 5
Fines recorded by CMS: 0. Health citations since 2023-10-16: 4. THE VILLAGE AT ORCHARD RIDGE on Care Compare
In brief
The Village at Orchard Ridge is a Lutheran-affiliated nonprofit retirement community in Winchester, Virginia, opened in 2013, with 308 independent living residences plus assisted living, memory care and skilled nursing. Residents choose an entrance-fee contract with fee-for-service care (2025 entrance fees from $276,610, with traditional declining, 50% or 80% refund options) or a rental apartment. Management reported 217 days cash on hand and 2.10x debt service coverage for 2024, above its 125-day and 1.20x covenants, but the days figure counts a $13.96M interest in investments held by an affiliate; on its own cash and investments it had about 42 days. It carried a $19.3M net deficit.PDF
Nearest communities in Virginia
- Shenandoah Valley Westminster-Canterbury
Winchester · 2 miles away
Entrance fee: $110,274 to $880,318
- Ashby Ponds
Ashburn · 42 miles away
Entrance fee: $274,000 to $1,417,000
- Falcons Landing
Potomac Falls · 46 miles away
Entrance fee: $22,800 to $877,600
Sources
- The Village at Orchard Ridge — Disclosure Statement (2025)Virginia State Corporation Commission, Bureau of Insurance · filed 2025, fiscal 2024 finances · 93 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.