NonprofitsCovenant Woods

Health Care

Covenant Woods

MECHANICSVILLE, VA

Total revenue

$38.8M

Total expenses

$39.2M

Net assets

$2.6M

Grants received

$451K

19 grants

EIN

540524902

Tax year

2024

Mission

Not-for-profit continuing care retirement community.

Financials

FY 2024

Revenue

Contributions & grants$197K
Program service revenue$35.6M
Investment income$1.2M
Other revenue$1.8M
Total revenue$38.8M

Expenses

Grants paid$545K
Salaries & benefits$18.9M
Fundraising$170K
Other expenses$19.7M
Total expenses$39.2M
Total assets$151.7M
Net assets$2.6M

People

23 listed

NameRoleCompensation

DR THOMAS WRIGHT

PRESIDENT/CEO

Board

$382K

40 hrs/wk

ERIK MAURITSEN

CFO (UNTIL 04/26/24)

Board

$175K

40 hrs/wk

JUANITA PARKS

CHIEF FINANCIAL OFFICER

Board

$86K

40 hrs/wk

NATALIE KENT

BOARD MEMBER

Board

1 hrs/wk

NATHAN KOTTKAMP

BOARD MEMBER

Board

1 hrs/wk

JOE O'CONNOR

BOARD MEMBER

Board

1 hrs/wk

KYLE RUSSELL

CHAIRMAN

Board

1 hrs/wk

MARIE PISECKI

BOARD MEMBER

Board

1 hrs/wk

MICHELE SATTERLUND

BOARD MEMBER

Board

1 hrs/wk

JENNIFER GENTRY

BOARD MEMBER (UNTIL 04/18/24)

Board

1 hrs/wk

LINDA PEARSON

BOARD MEMBER

Board

1 hrs/wk

RICHARD ADAMS

VICE CHAIR

Board

1 hrs/wk

ROGER BOWERS

SECRETARY

Board

1 hrs/wk

KELSEY BEAULIEU

BOARD MEMBER

Board

1 hrs/wk

EDWARD CLINGMAN

BOARD MEMBER

Board

1 hrs/wk

MARJORIE COOKE

BOARD MEMBER

Board

1 hrs/wk

RICHARD GIBBONS

BOARD MEMBER

Board

1 hrs/wk

CHARLES GRAVES

BOARD MEMBER

Board

1 hrs/wk

SARAH THOMPSON

CORPORATE CONTROLLER

Staff

$180K

40 hrs/wk

EMILY ENDERT

DIRECTOR OF HR

Staff

$164K

40 hrs/wk

MICHAEL SCHEFF

DIRECTOR OF DINING

Staff

$161K

40 hrs/wk

CARRIE DAVIS

ADMINISTRATOR

Staff

$160K

40 hrs/wk

HAU VONG

DIRECTOR OF IT

Staff

$158K

40 hrs/wk

Independent contractors

PFG - PERFORMANCE FOODSERVICE VIRGINIA

FOOD FOR CAMPUS RESTAURANTS

$1.3M

PREMIER STRUCTURES LLC

CONSTRUCTION

$615K

DMA FLOORS INC

FLOORING

$394K

LOVE & COMPANY INC

MRKTNG & ADVRTSNG CONSULTNG SRVCS

$371K

STATUS SOLUTIONS LLC

SECURITY & MASS SOFTWARE & HARDWARE

$343K

Grants received

Showing 19 of 19

FromAmountPurposeYear
$53K
UNRESTRICTED GENERAL
2024
$14K
UNRESTRICTED GENERAL
2024
$53K
UNRESTRICTED GENERAL
2023
$13K
UNRESTRICTED GENERAL
2023
$9K
HEALTH AND WELLNESS
2023
$6K
For grant recipient's exempt purposes
2023
$500
PROVIDE FUNDS
2023
$69K
UNRESTRICTED GENERAL
2022
$20K
UNRESTRICTED GENERAL
2022
$500
PROVIDE FUNDS
2022
$64K
UNRESTRICTED GENERAL
2021
$20K
UNRESTRICTED GENERAL
2021
$500
PROVIDE FUNDS
2021
$58K
UNRESTRICTED GENERAL
2020
$10K
UNRESTRICTED GENERAL
2020
$500
PROVIDE FUNDS
2020
$14K
UNRESTRICTED GENERAL
2018
$500
PROVIDE FUNDS
2018

Funded by

$451K from 6 funders · 19 grants · 2018–2024

Tr Uw Clinton L Williams

$296K · 5 grants · 2020–2024

G W Tiller Tw

$90K · 6 grants · 2018–2024

The Community Foundation Inc

$9K · 1 grant · 2023

The Huntly Foundation

$3K · 5 grants · 2018–2023

Details

EIN540524902
NTEE codeE91
Subsection03
Ruling date1942-10
Formed1901
Employees481
Volunteers232
COVENANT WOODS — Mission, Financials & Grants Received | Grantivo