Nonpartisan civic infrastructure
AllCiv·Legis1
·

Covenant Woods

Public charity990-T FY2023
Other · MECHANICSVILLE, VA · EIN 54-0524902

About

It is the mission of covenant woods, a not-for-profit continuing care retirement community, to provide our residents with exceptional care, quality of life, and security and comfort in keeping with the benevolent vision of our methodist and presbyterian founders in 1883.

Donations are tax-deductible
Category
Other
Employees
455
Volunteers
211

Financial Snapshot

FY ending 2024-03-31
Revenue
$39.1M
Expenses
$46.4M
Assets
$149.1M
Liabilities
$146.7M

Financial history

$46.4M$23.2M$0
1718192021222324
RevenueExpenses
Latest FY2024: $39.1M · Avg: $32.4M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$376
Grants Given
$434K
COVENANT WOODS
Your actions

Address

7090 Covenant Woods DR
Mechanicsville, VA, 23111-702

Governance

Voting board members14
Independent members14
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.