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After financial turmoil, Aldersgate partners with Asheville-based Givens Communities

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The Aldersgate retirement community in east Charlotte is entering a new partnership deal with Asheville-based Givens Communities, a nonprofit senior living organization with four campuses in western North Carolina.

The move comes after Aldersgate faced mounting financial losses, brought in a new CEO, and was placed under state supervision in 2023. Through the affiliation, Givens will assume governance and management responsibilities, while Aldersgate keeps its nonprofit status and day-to-day operations. Residents and staff are not expected to see major changes.

Founded in the mid-1940s as a retirement community for Methodist ministers, Aldersgate today is home to nearly 600 residents. Leaders from both organizations say the partnership ensures long-term stability and preserves Aldersgate’s mission in Charlotte.

Nick de la Canal is a host and reporter covering breaking news, arts and culture, and general assignment stories. His work frequently appears on air and online.