Extraordinary Opportunity to Join Terwilliger Plaza’s Executive Leadership Team
Terwilliger Plaza Campus
July 2, 2024 – Portland, OR – Terwilliger Plaza announces the upcoming retirement of its Chief Financial Officer and Vice President of Finance, Judy O’Donnell. O’Donnell’s expertise in senior living organizations, both for profit and non-profit, continually demonstrated a depth of financial acuity and leadership contributing to the ongoing success and growth of Terwilliger Plaza.
As a member of the Executive Leadership Team, and a trusted advisor to the Board of Directors and Foundation Board of Directors, O’Donnell led Terwilliger Plaza through its largest bond financing and expansion in the organization’s history.
Earlier this year, Terwilliger Plaza celebrated the opening of the $160-million Parkview expansion, a 10-story building that adds 127 independent living apartment homes to the Terwilliger Plaza community, bringing the total number of resident-Members up to 550. Upon certification, Parkview is anticipated to be the largest Passive House structure on the West Coast, and the largest Passive House senior living building in the country, setting a new standard for senior living. This 370,000-square-foot high-rise concrete structure connects to the existing campus via a steel skybridge, the first of its kind within a new city policy that allows bridges for senior living communities providing an intentional connection and engagement throughout Terwilliger Plaza.
Located in Portland, OR, Terwilliger Plaza, established in 1962, is a single-site non-profit Continuing Care Retirement Community (CCRC), distinctive in its representative self-governance board structure offering a continuum of care that includes independent living, assisted living, and memory support, with 24/7 on site licensed nursing within assisted living. Terwilliger Plaza is one of only two CARF accredited CCRC’s in the state of Oregon, and the only SAGECare Platinum Credentialed CCRC in the state of Oregon.
Under Oregon CCRC rules an organization is required to have cash reserves of three months of operating expenses and one year of debt payments. Terwilliger Plaza usually exceeds that by three to four times. To earn a CARF - CCAC accreditation Terwilliger Plaza must meet over 1,200 measurements of excellence, including vital issues such as Governance and Finance. One of the drivers of success for a CARF – CCAC seal is the senior living provider’s ability to generate annual operating surpluses to provide future resident-care expenses, capital and program needs and to handle unexpected internal and external events. Terwilliger Plaza has been recognized with a CARF-CCAC accreditation since 1997.
Over the last eight years, O’Donnell has continued to strengthen and advance the financial strength and foundation of Terwilliger Plaza and its leadership position in the senior living industry. Her retirement, anticipated for April 2025, offers an extraordinary professional opportunity as Terwilliger Plaza looks to recruit its next Chief Financial Officer to join this vibrant, progressive and forward-thinking senior living community.
Over the next several months, inquiries to this position can be directed to Angela Doms, Vice President of Human Resources at 503-808-7808 or adoms@terwilligerplaza.com.