Overview
What is Covenant Living Of Cromwell Inc?
Covenant Living of Cromwell Inc, located in Cromwell, Connecticut, is a nonprofit organization with a mission to care for senior adults. As part of the Evangelical Covenant Church, they celebrate the gift of life in a Christian community, following the Great Commandment to love and serve God and others, as taught by Jesus Christ. With 319 employees, they provided services to 271 residents, occupying 211 apartments, for a total of 97,961 resident days in the fiscal year ending September 30, 2022.
Official website here: www.covliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating
Covenant Living Of Cromwell Inc has achieved an 80% score on Charity Navigator, reflecting a strong performance in accountability and finance. This rating is derived solely from a comprehensive evaluation of its financial practices, indicating that the organization adheres to sound financial management principles.
The nonprofit boasts a robust governance structure, with a significant 88% of its board members being independent. Additionally, it has demonstrated effective oversight through a well-functioning audit and finance committee, as well as an absence of material diversion of assets, which enhances its credibility. The organization also maintains transparency with policies in place for conflict of interest, whistleblower protection, and document retention.
While the organization has a strong program expense ratio of 69.03%, indicating a good portion of its funds are being utilized effectively for its programs, it is essential for potential donors to consider the overall impact of its services as part of their decision-making. The organization would benefit from continuous improvement and communication about its program outcomes to further bolster its reputation and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Living Of Cromwell Inc legitimate?
Covenant Living Of Cromwell Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Living Of Cromwell Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $241,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,132,122
For more financial information, click here
Official website here: www.covliving.org
What is the mission statement of Covenant Living Of Cromwell Inc?
Covenant Living of Cromwell Inc, as a ministry of the Evangelical Covenant Church, is dedicated to celebrating the gift of life in a Christian community. They believe in following the Great Commandment to love and serve God and others, as taught by Jesus Christ. Their mission is rooted in caring for senior adults, providing them with a loving and supportive environment. According to their latest report, they served a total of 271 residents, occupying 211 apartments, in the year ended September 30, 2022. These residents benefited from a combined total of 97,961 resident days of care.
Official website here: www.covliving.org
Who is the CEO of Covenant Living Of Cromwell Inc?
Terri Cunliffe is the Principal Officer of Covenant Living Of Cromwell Inc. The CEO's salary of Covenant Living Of Cromwell Inc is $0 and their total compensation is $760,468.
Official website here: www.covliving.org
What is the revenue of Covenant Living Of Cromwell Inc?
Covenant Living Of Cromwell Inc's revenue in 2022 was $25,543,810.
Official website here: www.covliving.org
Who are the executives of Covenant Living Of Cromwell Inc and what are their salaries?
The average compensation at Covenant Living Of Cromwell Inc during 2022 was $29,385. There are 319 employees and 43 volunteers at Covenant Living Of Cromwell Inc.
Here are 33 key members and their salaries (Covenant Living Of Cromwell Inc's CEO's salary is $0 and their total compensation is $760,468):
- Compensation: $0
- Related: $716,837
- Other: $43,631
- Compensation: $0
- Related: $127,532
- Other: $97,677
- Compensation: $0
- Related: $198,247
- Other: $41,623
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $387,363
- Other: $116,243
- Compensation: $0
- Related: $324,380
- Other: $77,262
- Compensation: $0
- Related: $312,458
- Other: $65,934
- Compensation: $0
- Related: $312,536
- Other: $50,684
- Compensation: $0
- Related: $79,457
- Other: $11,021
- Compensation: $193,487
- Related: $0
- Other: $19,470
- Compensation: $0
- Related: $178,492
- Other: $22,345
- Compensation: $113,159
- Related: $0
- Other: $44,511
- Compensation: $142,959
- Related: $0
- Other: $15,795
- Compensation: $116,251
- Related: $0
- Other: $17,333
- Compensation: $102,774
- Related: $0
- Other: $12,503
- Compensation: $110,072
- Related: $0
- Other: $3,301
- Compensation: $0
- Related: $198,613
- Other: $29,124
Official website here: www.covliving.org
Where can I find the form 990 for Covenant Living Of Cromwell Inc?
Covenant Living Of Cromwell Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covliving.org
Learn more at the official website: www.covliving.org
Mission Statement of Covenant Living Of Cromwell Inc
Covenant Living of Cromwell Inc, a ministry of the Evangelical Covenant Church, is dedicated to caring for senior adults. Rooted in their Christian faith, they celebrate the gift of life and follow the great commandment to love and serve God and one another as taught by Jesus Christ. Through their residential living services, they provided care for 271 residents, accommodated in 211 apartments, for a total of 97,961 resident days in the year ended September 30, 2022. By offering a loving and nurturing community, they ensure that their senior residents are well-supported and cherished. Their mission is not just about providing shelter, but fostering a Christian environment where every individual is valued and respected. Covenant Living of Cromwell Inc's commitment to their residents goes beyond the physical needs, as they strive to meet their emotional and spiritual requirements as well. In this way, they create a warm and welcoming atmosphere, allowing their residents to thrive in their golden years.
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Impact
October, 2024
Covenant Living Of Cromwell Inc significantly impacts the community by providing essential services and support for senior adults. By offering residential living, they accommodate 271 residents across 211 apartments as of September 30, 2022. Their commitment to caring for seniors is evident in the impressive total of 97,961 resident days for the fiscal year, ensuring continuous support and engagement for their residents.
In addition to basic housing, Covenant Living fosters a sense of community rooted in its Christian values, emphasizing love and service as taught by Jesus Christ. This mission not only enhances the quality of life for seniors but also creates a nurturing environment where individuals can thrive, connect, and celebrate life together in a supportive community.
This information is meant to be a general summary of Covenant Living Of Cromwell Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,028,708
- Program Service Revenue: $22,995,526
- Gross Receipts: $25,571,549
Assets and Liabilities:
- Total Assets: $98,827,520
- Total Liabilities: $101,323,513
- Net Assets: -$2,495,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROUTINE SERVICES
Revenue
$15,995,324
ENTRANCE FEE
Revenue
$3,142,539
MEDICARE/MEDICAID
Revenue
$2,497,829
ANCILLARY
Revenue
$1,222,069
MEALS
Revenue
$137,765
Organization Details
Founding Year
1962
Phone
(860) 635-2690Principal Officer
Terri Cunliffe
Main Address
52 MISSIONARY ROAD, CROMWELL, CT, 06416
Website
www.covliving.orgNTEE Category
Code: P750 - Human services
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