The Chapel Hill Residential Retirement Center, Inc. d/b/a Carol Woods

About The Chapel Hill Residential Retirement Center, Inc. d/b/a Carol Woods

Carol Woods is a nonprofit continuing care retirement community in Chapel Hill, NC, located on 120 wooded acres. It empowers independent seniors to live with purpose through natural beauty, lifelong learning, and an inclusive environment. Residents actively shape community life, connect with cultural and educational resources in the Triangle area, and age with intention.

Products & Services

Independent Living:Offers comfort, privacy, and connection in a walkable community with apartments, cottages, duplexes, and townhomes on a 120-acre wooded campus, designed for ease and independence.

Health & Well-being:Provides programs like aquatic classes, nature walks, fitness programs, discussion groups, and spiritual reflection to support body, mind, and spirit.

Supportive Services:A full continuum of care on campus, including personalized care as needs change, with trusted caregivers in familiar surroundings.

Assisted Living:Help with daily tasks like dressing, bathing, and medication in private accommodations.

Skilled Nursing:Around-the-clock care from licensed staff in small, home-like clusters with private rooms.

Cognitive Care:Support for memory changes in familiar, residential campus settings.

Rehab:Physical, occupational, and speech therapy for short-term rehabilitation and recovery.

Specialties

Continuing Care Retirement Community (CCRC) Independent Living Assisted Living Skilled Nursing Cognitive Care Rehabilitation Services Health and Well-being Programs

Funding History

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#	Type	Amount Fields	Date Fields	Investors
1	RT: Series 2025 Bonds T: - FT: Series 2025 Bonds	A: 34000000 MR: - FA: $34,000,000 FAN: 34000000	D: 2025-10-30 FD: 2025-10-30	1 investors

Series 2025 Bonds Latest

2025-10-30

$34.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

M

Marianne Ratcliffe

President & CEO

T

Tommy Best

Vice President of Campus Operations

N

Nikki Cooper

Vice President of Risk and Compliance

T

Tracy Biesecker

Chief Financial Officer

L

Liz Tomajko

Vice President of Human Resources

J

Jen Wilson

Vice President of Aging and Well-Being

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