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Covenant Place Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 431365901 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Covenant Place Foundation?

Covenant Place Foundation, located in St. Louis, Missouri, is a nonprofit organization dedicated to supporting the well-being of seniors. Their mission is to foster a vibrant, engaging community for older adults, enabling them to live independently with dignity. The foundation offers various programs and services, including catered evening meals (even kosher options upon request), subsidized housekeeping, exercise classes, health and wellness programs, subsidized senior meals, a food pantry, lifelong learning opportunities, and assistance accessing government programs and services. They also provide on-site annual flu and pneumonia immunizations, a free online computer lab, a lending library, entertainment, and initiatives to promote socialization and decrease isolation. Additionally, they offer a meal program for residents and community seniors, which includes weekly night meals and a suggested donation for elders 60+, while those under 60 pay the full cost.


Official website here: www.covenantplacestl.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89%, Three-Star out of Four Star Rating

Covenant Place Foundation has achieved an 89% score, indicating a strong level of accountability and financial health. The rating is based solely on the Accountability & Finance beacon, highlighting the organization's commitment to transparency and sound financial practices. An important aspect of their performance includes having a fully independent board, which is a positive indicator of governance.

The foundation has received perfect scores in several key areas, such as material diversion of assets, conflict of interest policy, and whistleblower policy, reflecting a robust ethical framework. Their website is listed on their tax form, which also contributes to their positive rating. Additionally, they maintain thorough documentation of board meeting minutes, reinforcing their accountability to stakeholders.

One area where the organization could improve is their program expense ratio, which is at 65.34%. While this is a decent figure, it suggests that a greater percentage of their expenses could be directed toward program services rather than administrative costs. Nonetheless, their overall strong performance in governance and financial accountability positions them favorably among nonprofits.


This AI summary has been generated from information found on Charity Navigator.

Is Covenant Place Foundation legitimate?

Covenant Place Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Place Foundation 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: $113,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,717

For more financial information, click here


Official website here: www.covenantplacestl.org

What is the mission statement of Covenant Place Foundation?

The Covenant Place Foundation's mission is to establish a vibrant and engaging community for seniors. By providing caring and supportive services, the foundation aims to help seniors living in Covenant Place Apartments and the wider community live independently with dignity. The services offered by the foundation promote overall health, psychological, and social well-being, enabling older adults to age successfully in place. Some of the programs funded and delivered by the foundation include catered evening meals, subsidized housekeeping, exercise classes, health and wellness programs, subsidized senior meals, a food pantry, lifelong learning opportunities, Vial of Life medicine and emergency contact records, assistance accessing government programs, on-site annual flu and pneumonia immunizations, a free online computer lab, a free lending library, and entertainment and programs to promote socialization and decrease isolation.


Official website here: www.covenantplacestl.org

Who is the CEO of Covenant Place Foundation?

Joan Denison is the President And Ceo of Covenant Place Foundation. The CEO's salary of Covenant Place Foundation is $0 and their total compensation is $242,812.


Official website here: www.covenantplacestl.org

What is the revenue of Covenant Place Foundation?

Covenant Place Foundation's revenue in 2022 was $466,457.


Official website here: www.covenantplacestl.org

Who are the executives of Covenant Place Foundation and what are their salaries?

There 15 volunteers at Covenant Place Foundation.


Here are 18 key members and their salaries (Covenant Place Foundation's CEO's salary is $0 and their total compensation is $242,812):


Joan Denison (President And Ceo)
  • Compensation: $0
  • Related: $227,988
  • Other: $14,824
Jennifer Schmitz (Chief Operating Officer (Thru 11/22))
  • Compensation: $0
  • Related: $128,214
  • Other: $5,205
Nancy Hawk (Chief Financial Officer)
  • Compensation: $0
  • Related: $96,460
  • Other: $10,759
Howard Rosen (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Newman (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Spiegelglass (Vice Chair Building Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Alport (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Mirowitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Corson (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Cahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Greenbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christi Johnaningmeyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Rafael (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Rubenstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Solomon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Zinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.covenantplacestl.org

Where can I find the form 990 for Covenant Place Foundation?

Covenant Place Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.covenantplacestl.org

Learn more at the official website: www.covenantplacestl.org

Mission Statement of Covenant Place Foundation

Covenant Place Foundation, in its mission, strives to create a vibrant and engaging community for seniors. This nonprofit organization's primary goal is to assist the residents of Covenant Place Apartments and seniors in the broader community to live independently and with dignity. The supportive services provided by Covenant Place Foundation aim to promote the health, psychological, and social well-being of older adults, enabling them to successfully age in place.

The foundation offers a range of ongoing programs that are funded and/or delivered through Covenant Place Foundation. These include catered evening meals, subsidized housekeeping, exercise classes, health and wellness programs, subsidized senior meals, a food pantry, lifetime learning opportunities, Vial of Life medication and emergency contact records, assistance accessing government programs and services, on-site annual flu and pneumonia immunizations, a free online computer lab, a free lending library, and entertainment and programs to promote socialization and decrease isolation.

In summary, Covenant Place Foundation is dedicated to providing caring support services that enhance the quality of life for seniors, helping them to maintain their independence and dignity in their later years. Through various programs, the foundation aims to promote well-being, offer essential resources, and foster a sense of community among older adults.

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Impact




July, 2024

Covenant Place Foundation's impact is significant in providing caring support services to seniors in St. Louis, MO. The foundation runs the Aging Ahead meal program, offering weeknight meals, including kosher options if requested, for residents and community seniors. This initiative not only ensures seniors have access to nutritious meals but also fosters socialization among participants. Additionally, the foundation's programs promote health, psychological well-being, and social engagement, helping older adults live independently and with dignity. Through services like subsidized housekeeping, health and wellness programs, food pantry access, and flu vaccinations, Covenant Place Foundation plays a crucial role in supporting seniors' overall well-being and successful aging.




This information is meant to be a general summary of Covenant Place Foundation. 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.

Revenue
$466,457 (2022)
Expenses
$329,141 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19,035
  • Program Service Revenue: $37,697
  • Gross Receipts: $3,322,665

Assets and Liabilities:

  • Total Assets: $3,947,088
  • Total Liabilities: $2,060,235
  • Net Assets: $1,886,853

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOMEMAKER PROGRAM FEES

Revenue

$36,983

TRANSPORTATION INCOME

Revenue

$714

Organization Details

Founding Year

1985

Principal Officer

Joan Denison

Main Address

8 MILLSTONE CAMPUS SUITE 2000, ST LOUIS, MO, 63146

NTEE Category

Code: P81Z - Human services

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