About BayWoods
Mission Statement
The mission of the BayWoods Cooperative Housing Corporation (BCHC), a Maryland for-profit housing cooperative corporation, is to provide senior adults an opportunity
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Equity Through Cooperative Ownership
BayWoods is a Maryland cooperative housing corporation (co-op) under which each BayWoods shareholder is entitled to lease a particular BayWoods residence.
Accordingly, BayWoods offers its shareholders an equity position in all the assets of the co-op, including the land, residential buildings, three-story clubhouse, state-of-the-art healthcare center, covered parking garage, putting green, and the fishing and crabbing pier.
Key Benefits of BayWoods' Co-op Ownership
The equity position offered by BayWoods provides its shareholders with home ownership advantages (with none of the maintenance headaches) such as:
Tax Advantages: Based on your proportionate share of BayWoods stock ownership, a portion of the Community’s property tax and mortgage interest may be included as itemized deductions on your individual federal and Maryland income tax returns.
Estate Advantage: Your purchase of BayWoods stock constitutes an asset which may appreciate, whereas typical entrance fees in non co-op CCRC's cannot appreciate. Many of our shareholders have seen significant appreciation in the value of their BayWoods stock.
Management Decisions Advantage: As a shareholder, you are represented by the four shareholder-elected Directors of the seven-member BayWoods Board of Directors.
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Vienna Laurendi / Executive Director
Gary Smith / Chief Financial Officer
Donn Rudiger / Director Hospitality and Environmental Services
Jocelyn Graham / Director of Health & Wellness
John Gorman / Director of Maintenance, and Security
Kassie Foundos / Director of Marketing
Becky Crosby / Director of Resident Services
Donna Parker / Director of Human Resources and Executive Assistant
Donna Walsh, RN / Wellness Nurse
FAQs
What do CCRC’s offer in the way of activities and amenities?
In a CCRC like Baywoods, residents will enjoy the privacy of their apartments and many participate in cultural, educational, social, religious and entertainment activities. They will have access to a library, game room, walking paths, fully equipped wellness center, heated indoor swimming pool and spa, auditorium, and more as listed on the amenities page.
What conveniences are offered in a CCRC like Baywoods?
The CCRC environment is designed to relieve residents of everyday worries. Conveniences will include restaurant-style dining in two dining rooms, flat linen service, regular housekeeping, scheduled transportation, on-site banking, a beauty and barber shop, postal services, and so on. By offering freedom and independence, Baywoods provides an unmatched opportunity to secure a highly desirable way of life.
Can I afford to live in a Continuing Care Retirement Community?
It's important to remember that the monthly service fees cover housing, utilities (except telephone), dining, maintenance, and stated services and amenities. And perhaps most importantly, it provides the peace of mind that long-range planning gives. It's a good idea to total your current monthly expenses and compare them with the CCRC you are considering. BayWoods pricing starts at the mid $400Ks.
Employment Opportunities
If you are interested in career opportunities, please call the Director of Human Resources at 410-268-9222 or email your resume to hr@baywoodsofannapolis.com.
Contact Information
If you would you like to know more about BayWoods, please contact Kassie Foundos, Director of Marketing kfoundos@baywoodsofannapolis.comhr@baywoodsofannapolis.com
Phone numbers
410-268-9222
800-507-9985
Mailing address
BayWoods of Annapolis
7101 Bay Front Drive
Annapolis, MD 21403
Directions to BayWoods of Annapolis.
Rt 50 to Aris T. Allen Blvd (Rt. 665). Aris T. Allen becomes Forest Drive East. Follow Forest Drive East to Edgewood Road (Giant Food on your left). Left on Edgewood Road and follow one mile to BayWoods on your right, opposite Port of Annapolis Marina.
