Dual income streams, diversified risk

Traditional senior care facilities rely on a single revenue source. KinHearth generates revenue from two separate, stable markets — each with strong demand and limited local supply.

Revenue Stream Unit Pricing Capacity Annual Revenue
Assisted Living
Private rooms, 24/7 care
$6,500/mo per resident 40 beds $3.12M
Daycare & Pre-K
Infants through age 5
$1,400/mo per child 60 children $1.01M
Supplementary
Respite care, adult day programs, events
Varies As available $180K
Total at Full Occupancy $4.31M
$6,500
Monthly assisted living fee
Alaska median: $6,315/mo (Genworth 2024)
$1,400
Monthly childcare fee
Anchorage average: $1,200-1,600/mo
$4.31M
Annual revenue at capacity
Before operating expenses

Profitable at <50% occupancy

West Virginia University's research on intergenerational care facilities found that dual-revenue models achieve break-even at significantly lower occupancy than traditional single-program facilities.

The Dual-Revenue Advantage

Traditional assisted living facilities need 75-85% occupancy to break even. By combining two revenue-generating programs under one roof, KinHearth shares fixed costs (building, utilities, admin, kitchen) across both wings — dramatically lowering the break-even threshold.

<50% Break-even occupancy
(WVU research)
75-85% Traditional facility
break-even
30-40% Shared cost savings
vs. separate buildings

Shared Infrastructure Savings

A single building with two wings shares HVAC, plumbing, electrical, kitchen facilities, laundry, administrative offices, parking, and exterior maintenance. Conservative estimates put shared infrastructure savings at 30-40% compared to operating two separate facilities.

The common room — the heart of the intergenerational model — is also the facility's greatest operational efficiency. One space serves both programs, requiring no additional construction beyond what either wing would need independently.

Operating Cost Structure

Expense CategoryAnnual Est.
Staff (nursing, childcare, admin)$1.9M
Facility operations$420K
Food service$310K
Insurance & compliance$180K
Programming & supplies$90K
Total operating costs$2.9M

Year-by-year growth path

Conservative projections assuming gradual ramp-up. Assisted living fills slower (6-12 month waitlists are common in Alaska); daycare fills faster due to extreme local demand.

Metric Year 1 Year 2 Year 3 Year 5
Assisted Living Occupancy 45% 65% 80% 92%
Daycare Enrollment 70% 85% 95% 100%
Total Revenue $2.3M $3.2M $3.9M $4.3M
Operating Costs $2.5M $2.8M $2.9M $3.1M
Net Operating Income ($200K) $400K $1.0M $1.2M
18 mo
Projected time to break-even
Daycare revenue stabilizes first
$1.0M
Year 3 net operating income
At 80% AL / 95% daycare
25%
Mature operating margin
Year 3+, consistent with peers

Demand is not a question — supply is

Both assisted living and childcare in Alaska face severe supply shortages. KinHearth enters a market where demand already exceeds capacity.

1 in 4
Alaska children have no childcare access
Alaska ranks among the worst states for childcare availability. Parents in Anchorage face 6-12 month waitlists. In rural areas, formal childcare simply doesn't exist.
Alaska Childcare Policy Research Partnership
12,000+
Alaskans aged 65+ needing care by 2030
Alaska's senior population is growing faster than national average. The state has fewer assisted living beds per capita than any comparable state.
Alaska Commission on Aging
$87K
Average annual cost of nursing home care in Alaska
Alaska has the highest long-term care costs in the nation. Assisted living at $6,500/mo is a significantly more affordable alternative for families.
Genworth Cost of Care Survey 2024
0
Intergenerational facilities in Alaska
Despite 105+ shared-site programs operating successfully across the Lower 48, zero exist in Alaska. KinHearth would be the first.
Generations United, 2024

A $8-12M investment in community infrastructure

Construction costs for a 25,000-35,000 sq ft facility in Anchorage, including both wings, common areas, outdoor space, and specialized medical/childcare infrastructure.

Funding Strategy

KinHearth is positioned to access multiple funding streams beyond traditional financing — including New Markets Tax Credits, USDA Community Facilities grants, Alaska Native corporation investment programs, and state childcare infrastructure funds.

NMTC New Markets Tax Credits
for underserved areas
USDA Community Facilities
Direct Loans & Grants
ANC Alaska Native Corp
investment programs

Phase 1: Pre-Development (Months 1-6)

Site selection, feasibility study, community engagement with Alaska Native corporations and tribal organizations. Secure letters of support and initial funding commitments.

Phase 2: Design & Permitting (Months 6-14)

Architectural design with dual-wing layout, licensing compliance for both assisted living and childcare. State and local permitting. Construction bid process.

Phase 3: Construction (Months 14-26)

Ground-up construction of the facility. Phased approach allows early occupancy of the daycare wing while assisted living wing completes final fit-out.

Phase 4: Operations Launch (Month 26+)

Staff hiring and training. Daycare opens first (faster fill rate). Assisted living begins accepting residents. Full intergenerational programming launches within 90 days of both wings operating.

Ready to see why Alaska is the right market?

State-specific data on elder care gaps, childcare deserts, and Alaska Native corporation investment alignment.