Overview
What is Covenant Living Of The Great Lakes?
Covenant Living of the Great Lakes is a faith-based nonprofit organization located in Grand Rapids, Michigan, employing 321 people. With a mission rooted in Christian community, they celebrate the gift of life and follow the Great Commandment to love and serve. Their primary focus is caring for senior adults, providing residential services to 235 residents occupying 178 apartments as of September 30, 2022. The organization offered a total of 84,488 resident days worth of care during that fiscal year.
Official website here: www.covliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
Covenant Living Of The Great Lakes has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. With a score of 78%, the organization shows a commendable commitment to transparency and effective governance, indicated by its high percentage of independent board members and robust financial oversight measures.
The nonprofit excels in various governance aspects, including having no material diversion of assets and maintaining well-documented policies related to conflict of interest and whistleblower protections. Additionally, its program expense ratio of 67.61% suggests that a significant portion of its resources is directed toward program services, which is a positive indicator of its operational focus.
However, while the organization demonstrates strong financial practices, the rating leaves room for improvement in maximizing its program expense ratio further, which could enhance its overall impact. Overall, Covenant Living Of The Great Lakes reflects a reliable nonprofit with solid governing practices and a focus on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Living Of The Great Lakes legitimate?
Covenant Living Of The Great Lakes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Living Of The Great Lakes 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: $46,492
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,744,353
For more financial information, click here
Official website here: www.covliving.org
What is the mission statement of Covenant Living Of The Great Lakes?
Covenant Living of the Great Lakes, as part of the Evangelical Covenant Church, prioritizes caring for senior adults as an expression of God's gift of life within a Christian community. Adhering to the Great Commandment to love and serve God and one another, this organization seeks to create an environment that embodies the teachings of Jesus Christ. Their mission goes beyond just providing services, focusing on nurturing a community where love and care are at the forefront. With a commitment to serving 235 residents in the previous fiscal year, they offered 84,488 resident days, demonstrating their dedication to providing a meaningful living experience.
Official website here: www.covliving.org
Who is the CEO of Covenant Living Of The Great Lakes?
Terri S Cunliffe is the CEO of Covenant Living Of The Great Lakes The CEO's salary of Covenant Living Of The Great Lakes is $0 and their total compensation is $969,233.
Official website here: www.covliving.org
What is the revenue of Covenant Living Of The Great Lakes?
Covenant Living Of The Great Lakes's revenue in 2023 was $18,707,460.
Official website here: www.covliving.org
Who are the executives of Covenant Living Of The Great Lakes and what are their salaries?
The average compensation at Covenant Living Of The Great Lakes during 2023 was $17,032. There are 340 employees and 46 volunteers at Covenant Living Of The Great Lakes.
Here are 33 key members and their salaries (Covenant Living Of The Great Lakes's CEO's salary is $0 and their total compensation is $969,233):
- Compensation: $0
- Related: $934,218
- Other: $35,015
- Compensation: $0
- Related: $410,044
- Other: $82,847
- Compensation: $0
- Related: $388,258
- Other: $103,279
- Compensation: $0
- Related: $414,211
- Other: $57,438
- Compensation: $0
- Related: $348,336
- Other: $49,634
- Compensation: $0
- Related: $288,273
- Other: $47,925
- Compensation: $0
- Related: $257,250
- Other: $30,739
- Compensation: $0
- Related: $224,975
- Other: $47,440
- Compensation: $0
- Related: $226,287
- Other: $31,007
- Compensation: $170,733
- Related: $0
- Other: $31,026
- Compensation: $145,279
- Related: $0
- Other: $17,488
- Compensation: $117,011
- Related: $0
- Other: $23,701
- Compensation: $110,421
- Related: $0
- Other: $28,370
- Compensation: $106,386
- Related: $0
- Other: $9,046
- Compensation: $0
- Related: $62,214
- Other: $45,946
- Compensation: $0
- Related: $92,734
- Other: $5,579
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.covliving.org
Where can I find the form 990 for Covenant Living Of The Great Lakes?
Covenant Living Of The Great Lakes's most recent form 990 was submitted in 2023 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 The Great Lakes
Covenant Living of the Great Lakes is a faith-based organization rooted in the Evangelical Covenant Church. Dedicated to caring for senior adults, it celebrates the gift of life and upholds the teachings of Jesus Christ by loving and serving God and one another. As a ministry, Covenant Living Communities and Services is committed to following the Great Commandment.
The mission of Covenant Living of the Great Lakes unfolds through a residential living program, benefiting 235 residents who occupied 178 apartments as of September 30, 2022. These individuals enjoyed a total of 84,488 resident days within the organization's community. By providing a supportive and caring environment, Covenant Living of the Great Lakes nurtures its residents, allowing them to thrive and maintain their independence. The organization's dedication to its mission is reflected in the lives it touches.
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Impact
October, 2024
Covenant Living of the Great Lakes significantly enhances the lives of senior adults in Grand Rapids, Michigan, by providing a nurturing residential environment. With a commitment to fostering a Christian community, it supports 235 residents across 178 apartments, offering a total of 84,488 resident days of care and companionship within the fiscal year ending September 30, 2022.
The organization focuses on the holistic well-being of its seniors, ensuring they receive not just housing but also emotional and spiritual support. Residents benefit from a community that emphasizes love and service, reflecting values taught by Jesus Christ. This approach cultivates a sense of belonging and purpose, which is crucial for the well-being of seniors.
Through its programs and services, Covenant Living of the Great Lakes positively impacts the lives of its residents, enabling them to thrive in their later years while surrounded by a supportive community.
This information is meant to be a general summary of Covenant Living Of The Great Lakes. 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 2023.
- Investment Income: $389,089
- Program Service Revenue: $16,923,178
- Gross Receipts: $18,707,651
Assets and Liabilities:
- Total Assets: $47,357,813
- Total Liabilities: $89,564,893
- Net Assets: -$42,207,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROUTINE SERVICES
Revenue
$11,645,479
ENTRANCE FEE
Revenue
$2,730,127
ANCILLARY SERVICES
Revenue
$1,654,358
MEDICARE/MEDICAID
Revenue
$783,648
MEALS
Revenue
$109,566
Organization Details
Founding Year
1995
Principal Officer
Terri Cunliffe
Website
www.covliving.orgNTEE Category
Code: L22Z - Housing
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