Overview
What is Covenant Place Of Sumter Inc?
Covenant Place of Sumter Inc is a nonprofit organization situated in Sumter, South Carolina, with the address at 5 Broad Street. The mission of this organization is to offer top-notch housing, essential services, and healthcare, maintaining an atmosphere that upholds the values of freedom, dignity, independence, and security for the entire community. With a team of 146 employees, Covenant Place of Sumter Inc is committed to enhancing the lives of those they serve.
Official website here: www.covenantplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Covenant Place of Sumter Inc has received a Three-Star rating from Charity Navigator, reflecting its solid performance in the Accountability & Finance category. The organization's score is particularly commendable due to its high level of accountability, with 100% of board members being independent and no material diversion of assets reported.
Strengths highlighted include a robust program expense ratio of 90.13%, indicating that a significant portion of its funds is directed toward its programs. Additionally, the organization has established sound policies and practices, such as conflict of interest and whistleblower policies, which contribute to its transparency and governance.
While the rating is favorable, there are no specific limitations noted in the available data. Overall, Covenant Place of Sumter Inc demonstrates a strong commitment to responsible financial management and accountability within its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Place Of Sumter Inc legitimate?
Covenant Place Of Sumter Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Place Of Sumter 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: $441,913
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,251,233
For more financial information, click here
Official website here: www.covenantplace.org
What is the mission statement of Covenant Place Of Sumter Inc?
Covenant Place of Sumter Inc is committed to delivering a superior living experience for the entire community. They prioritize the provision of high-quality housing, supportive services, and healthcare. The organization fosters an environment that upholds freedom, dignity, independence, and security for all its residents. By focusing on these core aspects, Covenant Place of Sumter Inc aims to ensure a sense of well-being and peace of mind for every individual. Their services extend beyond the basics, working to create a community where residents can thrive and feel safe.
Official website here: www.covenantplace.org
Who is the CEO of Covenant Place Of Sumter Inc?
Barry Reynolds is the Executive Dir. of Covenant Place Of Sumter Inc.
Official website here: www.covenantplace.org
What is the revenue of Covenant Place Of Sumter Inc?
Covenant Place Of Sumter Inc's revenue in 2022 was $18,042,285.
Official website here: www.covenantplace.org
Who are the executives of Covenant Place Of Sumter Inc and what are their salaries?
The average compensation at Covenant Place Of Sumter Inc during 2022 was $18,446. There are 146 employees and 1 volunteer at Covenant Place Of Sumter Inc.
Here are 14 key members and their salaries:
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Official website here: www.covenantplace.org
Where can I find the form 990 for Covenant Place Of Sumter Inc?
Covenant Place Of Sumter Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covenantplace.org
Learn more at the official website: www.covenantplace.org
Mission Statement of Covenant Place Of Sumter Inc
Covenant Place of Sumter, a dedicated nonprofit organization, is committed to providing high-quality housing, supportive services, and healthcare. The organization strives to create an environment that fosters freedom, dignity, independence, and security for the entire community it serves.
Established with a clear mission, Covenant Place of Sumter works diligently to ensure that every individual within its care is able to live with a sense of self-worth and autonomy. Through its provision of high-quality housing, the organization offers a stable foundation for those in need, allowing them to focus on improving other areas of their lives.
Moreover, supportive services are an integral part of Covenant Place of Sumter's mission. These services are designed to meet the unique needs of each individual, providing essential resources and assistance. The organization's healthcare offerings contribute significantly to the overall well-being of the community, ensuring access to vital medical care and fostering improved health outcomes.
In fostering an environment of freedom, dignity, independence, and security, Covenant Place of Sumter goes beyond the mere provision of resources. By offering a safe and nurturing space, the organization allows its residents to rebuild their lives with confidence and determination, ultimately empowering them to take control of their own futures.
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Impact
October, 2024
Covenant Place of Sumter Inc has a significant impact on the community by providing high-quality housing, supportive services, and healthcare. It fosters an environment that prioritizes freedom, dignity, independence, and security for individuals and families in Sumter, SC. By addressing the needs of the community, it enhances the quality of life for its residents, ensuring they have access to essential resources and support. This commitment to creating a secure and dignified living environment contributes to the overall well-being and empowerment of the entire community. Its holistic approach helps individuals maintain their autonomy while receiving the assistance they may need, making it a vital resource in the region.
This information is meant to be a general summary of Covenant Place Of Sumter 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: $13,439,836
- Program Service Revenue: $3,960,052
- Gross Receipts: $23,103,639
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Services
Revenue
$3,960,052
Organization Details
Founding Year
1993
Phone
(803) 469-7007Principal Officer
Barry Reynolds
Main Address
5 Broad Street, Sumter, SC, 29150
Website
www.covenantplace.orgNTEE Category
Code: P750 - Human services
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