Overview
What is Covenant Living West?
Covenant Living West, located in Santa Barbara, California, is a nonprofit organization under the Evangelical Covenant Church. Their mission focuses on caring for senior adults, providing residential living services to 1,115 residents in 856 apartments as of September 30, 2022. With a team of 1,451 employees, they offer a Christian community where they celebrate the gift of life and follow the Great Commandment to love and serve God and each other. They provided 397,490 resident days in the fiscal year, demonstrating their commitment to senior care.
Official website here: www.covliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Covenant Living West has achieved an 88% score from Charity Navigator, indicating strong performance in accountability and finance. The organization benefits from a largely independent board, with 88% of its 16 members being independent, which enhances oversight. The financial management is robust, demonstrated by a perfect score in audit oversight and the absence of material asset diversion.
Strengths include a high program expense ratio of 76.20%, which suggests a significant portion of resources is directed towards fulfilling its mission. Additionally, the organization has established comprehensive policies related to conflicts of interest, whistleblower protections, and document retention, reflecting a commitment to transparency and good governance.
However, the liabilities to assets ratio stands at 60.57%, which may indicate a moderate level of debt relative to assets. This metric could be a point of concern for potential donors assessing the financial stability of the organization. Overall, Covenant Living West demonstrates solid operational practices while still facing challenges in its financial structure.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Living West legitimate?
Covenant Living West is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Living West 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: $1,025,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,712,465
For more financial information, click here
Official website here: www.covliving.org
What is the mission statement of Covenant Living West?
As a ministry under the Evangelical Covenant Church, Covenant Living Communities and Services expresses love and service to senior adults, embodying the Great Commandment to honor God and care for one another, inspired by Jesus Christ. The organization celebrates the gift of life within a Christian community, providing residential living services to 1,115 residents occupying 856 apartments as of September 30, 2022. In total, their services offered 397,490 resident days that year.
Official website here: www.covliving.org
Who is the CEO of Covenant Living West?
Terri S Cunliffe is the CEO of Covenant Living West The CEO's salary of Covenant Living West is $0 and their total compensation is $969,233.
Official website here: www.covliving.org
What is the revenue of Covenant Living West?
Covenant Living West's revenue in 2023 was $136,714,805.
Official website here: www.covliving.org
Who are the executives of Covenant Living West and what are their salaries?
The average compensation at Covenant Living West during 2023 was $33,060. There are 1444 employees and 188 volunteers at Covenant Living West.
Here are 37 key members and their salaries (Covenant Living West'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: $217,577
- Related: $0
- Other: $47,555
- Compensation: $0
- Related: $226,287
- Other: $31,007
- Compensation: $210,136
- Related: $0
- Other: $38,636
- Compensation: $184,907
- Related: $0
- Other: $47,984
- Compensation: $189,970
- Related: $0
- Other: $38,157
- Compensation: $191,362
- Related: $0
- Other: $34,512
- Compensation: $177,041
- Related: $0
- Other: $17,871
- Compensation: $138,513
- Related: $0
- Other: $24,144
- Compensation: $135,514
- Related: $0
- Other: $21,655
- Compensation: $145,841
- Related: $0
- Other: $5,727
- 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
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- 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
- 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
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.covliving.org
Where can I find the form 990 for Covenant Living West?
Covenant Living West'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 West
Covenant Living West, a ministry of the Evangelical Covenant Church, is dedicated to celebrating the gift of life in a Christian community. With a mission to love and serve God and one another as taught by Jesus Christ, this organization provides care for senior adults.
Residents of Covenant Living West numbered 1,115 as of September 30, 2022, occupying a total of 856 apartments. These individuals enjoyed a combined total of 397,490 resident days throughout the year. Covenant Living West offers residential living services, creating an environment where senior adults can thrive. By following the Great Commandment to love and serve, the organization goes above and beyond to ensure the well-being and happiness of its residents.
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Impact
October, 2024
Covenant Living West has made a significant impact in Santa Barbara, CA, by providing essential care and support for senior adults. As of September 30, 2022, the community served 1,115 residents across 856 apartments, reflecting a substantial commitment to meeting the needs of older adults. Over the course of the fiscal year, these residents enjoyed a total of 397,490 resident days, illustrating the vibrant and engaging environment created for them.
By fostering a Christian community rooted in love and service, Covenant Living West not only enhances the quality of life for its residents but also promotes a sense of belonging and connection. This approach encourages social interaction and emotional support among seniors, allowing them to thrive in their later years. The organization's mission to celebrate life within a faith-based framework further enriches the lives of those it serves, reinforcing its dedication to holistic care and community well-being.
This information is meant to be a general summary of Covenant Living West. 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: $8,936,272
- Program Service Revenue: $121,625,795
- Gross Receipts: $136,877,338
Assets and Liabilities:
- Total Assets: $394,707,058
- Total Liabilities: $239,091,935
- Net Assets: $155,615,123
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROUTINE SERVICES
Revenue
$63,161,373
MEDICARE/MEDICAID
Revenue
$30,959,027
ENTRANCE FEES
Revenue
$16,274,423
ANCILLARY SERVICES
Revenue
$10,399,472
MEALS
Revenue
$831,500
Organization Details
Founding Year
1975
Principal Officer
Terri Cunliffe
Website
www.covliving.orgNTEE Category
Code: P750 - Human services
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