As Galloway Ridge ends its twentieth year of operations, it continues to mature financially. Independent Living occupancy averaged over 97% for the year which, when unit turnover is considered, is full occupancy. Overall, total revenue increased by $1.2 million, or 2.9 percent, compared with the prior year. Operating expenses rose by 5.25 percent, driven by higher wage and benefit expense as well as general inflation.

Overall, a net operating surplus of $3.9 million was realized, and the accumulated net deficit was reduced by $4.3 million. $5.8 million was spent on capital improvements, with the bulk of that being used to update the interior of the healthcare building and continued renovations and improvements to the residential units.