Overview
What is Covenant Living Of Colorado Inc?
Covenant Living of Colorado Inc, a nonprofit organization with 231 employees, is based in Westminster, Colorado, and is part of the Evangelical Covenant Church. With a mission rooted in loving and serving God and one another, they focus on providing care for senior adults. According to the latest report, their services benefited 287 residents living in 223 apartments as of September 30, 2022, amounting to a total of 100,035 resident days.
Official website here: www.covliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Covenant Living Of Colorado Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The overall score reflects strong governance, with 88% of board members being independent and a fully compliant audit and oversight committee. This suggests a high level of transparency and financial stewardship within the organization.
The charity's program expense ratio stands at 72.42%, which is considered favorable as it indicates a significant portion of expenditures is directed towards its mission-related programs. Additionally, the organization has established essential policies such as whistleblower and conflict of interest policies, further enhancing its accountability framework.
While the charity demonstrates strong financial practices and governance, potential donors may want to consider the overall impact of its programs and services, as the rating solely focuses on financial accountability. Nonetheless, the strong performance in governance and financial oversight positions Covenant Living Of Colorado Inc as a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Living Of Colorado Inc legitimate?
Covenant Living Of Colorado Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Living Of Colorado 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,558,633
For more financial information, click here
Official website here: www.covliving.org
What is the mission statement of Covenant Living Of Colorado Inc?
Covenant Living of Colorado Inc is a ministry of the Evangelical Covenant Church that prioritizes care for senior adults. In line with the Great Commandment to love and serve God and one another as taught by Jesus Christ, the organization celebrates the gift of life in a Christian community. Through their residential living services, they provided care for 287 residents occupying 223 apartments during the year ended September 30, 2022, totaling 100,035 resident days.
Official website here: www.covliving.org
Who is the CEO of Covenant Living Of Colorado Inc?
Terri S Cunliffe is the CEO of Covenant Living Of Colorado Inc The CEO's salary of Covenant Living Of Colorado Inc is $0 and their total compensation is $969,233.
Official website here: www.covliving.org
What is the revenue of Covenant Living Of Colorado Inc?
Covenant Living Of Colorado Inc's revenue in 2023 was $24,320,973.
Official website here: www.covliving.org
Who are the executives of Covenant Living Of Colorado Inc and what are their salaries?
The average compensation at Covenant Living Of Colorado Inc during 2023 was $35,321. There are 214 employees and 16 volunteers at Covenant Living Of Colorado Inc.
Here are 33 key members and their salaries (Covenant Living Of Colorado Inc'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: $282,825
- Other: $56,339
- Compensation: $0
- Related: $288,273
- Other: $47,925
- Compensation: $0
- Related: $224,975
- Other: $47,440
- Compensation: $0
- Related: $226,287
- Other: $31,007
- Compensation: $134,410
- Related: $0
- Other: $13,136
- Compensation: $113,635
- Related: $0
- Other: $27,152
- Compensation: $122,575
- Related: $0
- Other: $14,597
- Compensation: $115,967
- Related: $0
- Other: $9,813
- Compensation: $112,511
- Related: $0
- Other: $7,696
- 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
- Compensation: $0
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- Other: $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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- Other: $0
- 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 Colorado Inc?
Covenant Living Of Colorado Inc'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 Colorado Inc
Covenant Living of Colorado Inc, a ministry of the Evangelical Covenant Church, is dedicated to demonstrating God's gift of life through compassionate care for senior adults. Following the teachings of Jesus Christ, this organization embodies the Great Commandment to love and serve God and one another.
Covenant Living of Colorado aims to celebrate the sacredness of life by providing residential living services to a community of 287 residents, accommodated in 223 apartments, as of September 30, 2022. Their commitment to serving their residents resulted in a total of 100,035 resident days throughout the fiscal year. This nonprofit organization goes beyond offering shelter by fostering a Christian community where love and support come first.
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Impact
October, 2024
Covenant Living of Colorado Inc significantly enriches the lives of senior adults through comprehensive residential living services. By providing a supportive community, they have accommodated a total of 287 residents in 223 apartments, emphasizing a commitment to fostering an environment where seniors can thrive. In the fiscal year that ended on September 30, 2022, residents collectively enjoyed over 100,000 days of caring and supportive living. This extensive engagement highlights the organization's dedication to enhancing the quality of life for seniors, ensuring they receive the care and community interaction essential for their well-being. Rooted in a mission inspired by Christian values, Covenant Living of Colorado not only addresses the physical needs of its residents but also nurtures spiritual and emotional connections, creating a holistic approach to senior care.
This information is meant to be a general summary of Covenant Living Of Colorado 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 2023.
- Investment Income: $667,170
- Program Service Revenue: $22,640,854
- Gross Receipts: $24,324,037
Assets and Liabilities:
- Total Assets: $64,640,717
- Total Liabilities: $84,106,931
- Net Assets: -$19,466,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROUTINE SERVICES
Revenue
$15,302,044
ENTRANCE FEE
Revenue
$3,947,069
MEDICARE/MEDICAID
Revenue
$1,958,969
ANCILLARY SERVICES
Revenue
$1,344,699
MEALS
Revenue
$88,073
Organization Details
Founding Year
1988
Principal Officer
Terri Cunliffe
Website
www.covliving.orgNTEE Category
Code: P750 - Human services
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