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Record #:
44070
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Abstract:
Aldersgate originally began as The Methodist Home in 1945 to serve retired preachers and widows. Viewed for many years as an upscale facility, critical financial problems in November 2022 forced the organization to discontinue a major expansion project. A correction plan is currently underway through the North Carolina Department of Insurance. The retirement complex includes Mecklenburg County's oldest home built in 1774.
Source:
Business North Carolina
(NoCar HF 5001 B8x), Vol. 44 Issue 2, February 2024,
p40-45, il
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