Continuing Care Retirement Communities

Health Care and Social Assistance › Nursing and Residential Care Facilities › Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly

SBA Size Standard

$34M average annual receipts

Revenue-Based Verify at SBA.gov →

NAICS Code Hierarchy

Sector

Health Care and Social Assistance

623

Subsector

Nursing and Residential Care Facilities

6233

Industry Group

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly

623311

National Industry (This Code)

Continuing Care Retirement Communities

Official NAICS Description

Source: U.S. Census Bureau 2022 NAICS

📘 Source: U.S. Census Bureau — 2022 NAICS Manual

This U.S. industry comprises establishments primarily engaged in providing a range of residential and personal care services with on-site nursing care facilities for (1) the elderly and other persons who are unable to fully care for themselves and/or (2) the elderly and other persons who do not desire to live independently. Individuals live in a variety of residential settings with meals, housekeeping, social, leisure, and other services available to assist residents in daily living. Assisted living facilities with on-site nursing care facilities are included in this industry.

✓ Small Business Eligibility at a Glance

Based on SBA Table of Small Business Size Standards (2024)

Size Standard

$34M average annual receipts

Measurement Period

3-year average

Standard Type

Revenue-Based

Applies To

All contracts under NAICS 623311

Set-Aside Programs

8(a), WOSB, HUBZone, SDVOSB

Certification Required

No (self-certify in SAM.gov)

Size standards are set by the SBA and reviewed periodically. Always verify at SBA.gov before bidding.

Cross-References

The following activities are classified elsewhere in the NAICS system:

→Establishments primarily engaged in providing inpatient nursing and rehabilitative services are classified in Industry 623110, Nursing Care Facilities (Skilled Nursing Facilities);

→Assisted living facilities without nursing care are classified in U.S. Industry 623312, Assisted Living Facilities for the Elderly; and

→Apartment or condominium complexes where people live independently in rented housing units are classified in Industry 531110, Lessors of Residential Buildings and Dwellings.

How to Use NAICS 623311 in SAM.gov

NAICS code 623311 — Continuing Care Retirement Communities — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $34M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 623311.

Frequently Asked Questions

What is NAICS code 623311?

NAICS code 623311 is 'Continuing Care Retirement Communities', classified under the Health Care and Social Assistance sector (NAICS 62). This U.S. industry comprises establishments primarily engaged in providing a range of residential and personal care services with on-site nursing care facilities for (1) the elderly and other persons

What is the SBA small business size standard for NAICS code 623311?

The SBA defines a small business under NAICS code 623311 (Continuing Care Retirement Communities) as one with $34M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 623311 in SAM.gov?

To register NAICS code 623311 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 623311 (Continuing Care Retirement Communities) to your NAICS code list. You may designate one code as your Primary NAICS code.