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Executive Director - job 1 of 4

Company Description

At Spectrum Retirement Communities we believe in living without limits, in aging fearlessly, and in sharing great stories. The Spectrum Story is full of compassion, hard work, and fun. If the chapters of your life story include caring for others and a dedicated work ethic, then we need you!

Job Description

Salary: $105,000 - $120,750 Annually

The Executive Director is responsible for managing the day-to-day operations of the Community, achieving and maintaining maximum occupancy of the Community, achieving high resident/employee satisfaction, generating respect in the neighborhood for the Community, ensuring smooth operation of the Community and reaching the projected budget objectives for the company.

In this position, your main responsibilities will include:

  • Ensure positive resident, family, and employee relations by responding promptly and appropriately to their needs, requests, concerns, and suggestions.
  • Perform marketing and sales activities including public relations efforts, prospective resident follow-up, and direct sales monitoring to ensure positive occupancy percentages.
  • Recruit, hire, train, motivate, and educate staff in all departments.
  • Operate the Community in a manner that will ensure company profitability by exceeding all community budget and census guidelines as set by the company.
  • Perform administrative duties including month-end reports. Timely and accurate completion of all daily, weekly, and monthly billings, and accounting and bookkeeping requirements (i.e., residents, A/R, A/P, payroll, collections, etc.)
  • Comply with all state and federal laws and regulations and all company rules regarding the operation of the Community.
  • Have a basic understanding and knowledge of Fair Housing Rules/Laws.

Qualifications

To be successful in this position, we believe that you need the following experiences, strengths, and skills:

  • Minimum of high school diploma. Bachelor’s degree preferred.
  • Assisted Living Administrator Certification/License a plus.
  • Must have at least seven years of experience in senior living or multifamily residential with three years’ experience in leadership role.
  • Must comply with all State and Federal mandated training and/or certification programs for the position of Executive Director.
  • Current state specific driver’s license and appropriate driving record.

Additional Information

If you join Spectrum as a full-time team member, your story will include eligibility for medical insurance, dental insurance, vision insurance, life insurance, and other voluntary insurance options. All part-time and full-time team members are eligible to participate in our 401(k), for paid time off, holiday pay, and discounts through Perk Spot.

Spectrum Retirement Communities strongly encourage all team members to be fully vaccinated against COVID-19, however, the vaccine is not a requirement to work with us.

Spectrum Retirement, LLC and all affiliates are Equal Opportunity Employers. We do not discriminate against employees or applicants on the basis of race, color, national origin, gender, sex, sexual orientation, pregnancy, gender identity or expression, disability, religion, age, genetic information, veteran status, or any other characteristic protected by federal, state or local law.

Spectrum Retirement, LLC also participates in the E-verify program through the Department of Homeland Security and the Social Security Administration.

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Average salary estimate

$112875 / YEARLY (est.)
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$105000K
$120750K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Executive Director , Spectrum Retirement Communities, LLC

Spectrum Retirement Communities is seeking an enthusiastic Executive Director who can truly embody our philosophy of living without limits and aging fearlessly. Located at 6021 S Liverpool St, Centennial, CO, this pivotal role comes with a competitive salary ranging from $105,000 to $120,750 annually. As the Executive Director, you’ll be the heartbeat of our community, overseeing day-to-day operations and ensuring we achieve maximum occupancy and high resident satisfaction. Your responsibilities will be multifaceted—from nurturing relationships with residents and their families to leading a dedicated team of staff members. You will be involved in marketing and public relations efforts to keep our community thriving, while also taking charge of recruitment, training, and staff motivation. Your administrative skills will shine as you handle essential tasks like financial reporting, billing, and compliance with state and federal regulations. Here at Spectrum, we believe every story counts, and your leadership will help us to create a positive narrative for all who enter our community. Bringing at least seven years of experience in senior living or multifamily residential is essential, with three years in a leadership role being a must. If you’re someone who leads with compassion, has a knack for exceeding operational goals, and values a caring community, we want to hear your story! Join us and grow with Spectrum Retirement Communities where care, fun and hard work intertwine in a meaningful way.

Frequently Asked Questions (FAQs) for Executive Director Role at Spectrum Retirement Communities, LLC
What are the main responsibilities of an Executive Director at Spectrum Retirement Communities?

As an Executive Director at Spectrum Retirement Communities, your main responsibilities will include managing daily operations, ensuring high resident and employee satisfaction, performing marketing and sales activities to maintain occupancy levels, and recruiting and training staff. Additionally, you will handle administrative tasks such as financial reporting and ensuring compliance with regulations.

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What qualifications are required for the Executive Director position at Spectrum Retirement Communities?

To be successful as an Executive Director at Spectrum Retirement Communities, candidates typically need a high school diploma, although a bachelor's degree is preferred. A minimum of seven years of experience in senior living or multifamily residential settings, along with three years in a leadership role, is required. Certification as an Assisted Living Administrator is a plus.

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How does Spectrum Retirement Communities support its Executive Director in achieving budget objectives?

Spectrum Retirement Communities supports its Executive Director by providing a framework for reaching projected budget objectives through effective operational strategies. This includes exceeding community budget guidelines, ensuring profitability, and providing administrative support to accomplish financial tasks accurately and timely.

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What professional experience is preferred for the Executive Director role at Spectrum Retirement Communities?

For the Executive Director role at Spectrum Retirement Communities, it is preferred that candidates have a minimum of seven years of experience in senior living or multifamily residential management. Achieving a successful background in leadership within these sectors is crucial for fulfilling the demands of the position.

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What employee benefits do Executive Directors receive at Spectrum Retirement Communities?

Executive Directors at Spectrum Retirement Communities enjoy a comprehensive benefits package, including eligibility for medical, dental, and vision insurance, life insurance, a 401(k) plan, paid time off, holiday pay, and discounts through various programs, all aimed at supporting their well-being and work-life balance.

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Common Interview Questions for Executive Director
Can you describe your experience in managing a senior living community as an Executive Director?

In your answer, focus on specific examples from your past roles that demonstrate your ability to manage operations, engage with residents, and lead a team effectively. Highlight measurable achievements such as occupancy rates and employee satisfaction metrics.

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How do you handle conflicts between staff and residents?

Demonstrate your conflict resolution skills by discussing a situation where you successfully mediated a disagreement. Explain your approach to ensuring open communication and taking the needs of both parties into account.

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What strategies would you employ to boost community occupancy levels?

Discuss a combination of marketing, networking, and relationship-building strategies you have used in the past. Offer specifics about public relations efforts, community events, and feedback loops from current residents to identify what resonates with potential new residents.

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How do you ensure compliance with state and federal regulations in a senior living facility?

Share your process for staying informed about regulatory changes and your proactive approach to training staff on compliance issues. Mention any systems you’ve implemented for documentation and inspections.

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What leadership style do you believe is most effective as an Executive Director?

Discuss the importance of adaptive leadership styles and how you balance authoritative and supportive approaches. Provide examples of situations where different leadership styles were necessary and how those led to positive outcomes.

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How do you approach staff recruitment and training?

Explain the importance of hiring a team that embodies the community's values and culture. Detail your methods for assessing qualifications and providing effective training that prepares the staff to excel in their roles.

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What feedback mechanism do you employ to assess resident satisfaction?

Talk about the tools you’ve used for gathering feedback, such as surveys, suggestion boxes, or regular meetings. Explain how you analyze that data to make improvements in community operations.

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Can you describe a time when you had to manage a crisis situation?

Effectively narrate a crisis you handled, detailing the actions you took to resolve the issue while prioritizing the safety and well-being of residents and staff. Highlight your ability to remain calm and decisive.

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How do you maintain positive relationships with the families of residents?

Share strategies you’ve implemented to keep families informed and engaged with community life, including regular updates, open-door policies, and inclusivity in events and activities.

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What methods do you use to ensure community profitability?

Provide insight into budget management practices and how you analyze financial reports. Discuss your previous experience in achieving profit goals and any strategies you used to streamline operations and cut costs.

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Founded in 2003, Spectrum Retirement Communities, LLC is a management company of senior living communities. Spectrum offers Independent, Assisted, and Memory Care living communities. Spectrum Retirement Communities, LLC is headquartered out of Den...

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DATE POSTED
April 13, 2025

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