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Covenant Woods

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 540524902 ✦ Mechanicsville, VA ✦ Designated as a 501(c)(3)

Overview

What is Covenant Woods?

Covenant Woods, established in Mechanicsville, Virginia, in 1883, is a not-for-profit continuing care retirement community encompassing independent living units, assisted living, and nursing beds. The organization, which operates on a 90-acre campus, aims to provide exceptional care, ensuring quality of life and security for its residents. With approximately 545 employees, Covenant Woods offers a comprehensive continuum of care, featuring maintenance-free living, interior and exterior upkeep, and housekeeping. The community's extensive wellness program includes walking trails, outdoor activity spaces, and various social and educational opportunities. Residents can enjoy numerous resources, such as dining venues, a fitness center, indoor saltwater pool, game rooms, art studio, gardening areas, workshops, and a paved walking trail surrounding a stocked pond. Covenant Woods also provides transportation services, 24-hour security, a personal emergency alert system, and access to therapy and clinic services. The mission of Covenant Woods is to offer a benevolent living environment for its residents, in line with the founding vision of its Methodist and Presbyterian origins.


Official website here: www.covenantwoods.com

Is Covenant Woods legitimate?

Covenant Woods is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Woods 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,490,553

For more financial information, click here


Official website here: www.covenantwoods.com

What is the mission statement of Covenant Woods?

Covenant Woods, a not-for-profit continuing care retirement community, is dedicated to providing exceptional care, enhancing quality of life, and ensuring security and comfort for its residents. Established with a benevolent vision by its Methodist and Presbyterian founders in 1883, the organization offers an extensive continuum of care and active lifestyles. With a mission to maintain a broad wellness program, Covenant Woods facilitates various activities such as walking trails, outdoor spaces, musical performances, lectures, and social gatherings. The community provides maintenance-free living with interior and exterior maintenance, lawn care, snow removal, and housekeeping. Numerous resources are available to residents, including various dining venue choices, a fitness center, therapy and clinic services, transportation, 24-hour security, and a personal emergency alert system. Covenant Woods' commitment is to improve the lives of its residents, offering them a secure and comfortable environment.


Official website here: www.covenantwoods.com

Who is the CEO of Covenant Woods?

Erik Mauritsen is the Chair of Covenant Woods. The CEO's salary of Covenant Woods is $150,211 and their total compensation is $152,804.


Official website here: www.covenantwoods.com

What is the revenue of Covenant Woods?

Covenant Woods's revenue in 2022 was $38,635,107.


Official website here: www.covenantwoods.com

Who are the executives of Covenant Woods and what are their salaries?

The average compensation at Covenant Woods during 2022 was $28,423. There are 545 employees and 175 volunteers at Covenant Woods.

Here are 24 key members and their salaries (Covenant Woods's CEO's salary is $150,211 and their total compensation is $152,804):

    John Dwyer (Former Ceo)
  • Compensation: $384,226
  • Related: $0
  • Other: $17,911

    • Erik Mauritsen (Cfo)
  • Compensation: $273,761
  • Related: $0
  • Other: $20,224

    • Emily Robinson Endert (Director Of Hr)
  • Compensation: $151,863
  • Related: $0
  • Other: $18,412

    • Carrie Davis (Administrator)
  • Compensation: $154,431
  • Related: $0
  • Other: $10,948

    • Michael Scheff (Director Of Dining)
  • Compensation: $150,507
  • Related: $0
  • Other: $10,052

    • Tom Diehl (Director Of It)
  • Compensation: $147,879
  • Related: $0
  • Other: $10,223

    • Thom Wright (Ceo (As Of August, 2021))
  • Compensation: $150,211
  • Related: $0
  • Other: $2,593

    • Sarah Thompson (Corporate Controller)
  • Compensation: $132,699
  • Related: $0
  • Other: $8,985

    • Brandon Armor (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Cook (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David W Fuller (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Ball (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Bowers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Clingman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Gibbons (Resident'S Council Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Graves (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Hill (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Kent (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelsey Mansmann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe O'Connor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Pearson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Satterlund (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Smith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thelma Watson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.covenantwoods.com

    Where can I find the form 990 for Covenant Woods?

    The Covenant Woods’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.covenantwoods.com

    Learn more at the official website: www.covenantwoods.com

    Mission Statement of Covenant Woods

    Covenant Woods, a renowned not-for-profit continuing care retirement community, is dedicated to providing its residents with exceptional care, quality of life, and a sense of security and comfort. Following the benevolent vision of its Methodist and Presbyterian founders in 1883, this community aims to create an environment where seniors can live out their golden years with active lifestyles, personal freedom, and financial and physical security.

    Covenant Woods is more than just a place to live; it's a comprehensive community that offers an extensive continuum of care. The community consists of 231 independent living units, 60 assisted living units, and 62 licensed nursing beds. The mission to care for its residents goes beyond the mere provision of shelter. It encompasses offering maintenance-free living with interior and exterior maintenance, lawn care, and snow removal all included. Additionally, residents have access to numerous resources such as four dining venue choices, a fitness center and indoor saltwater swimming pool, game and event spaces, billiards room, art studio, gardening areas, woodworking and pottery shops, and a paved walking trail surrounding a stocked pond.

    The exceptional care provided at Covenant Woods goes beyond the physical aspects. The community offers transportation services, 24-hour security, a personal emergency alert system, therapy, and clinic services. The caring and compassionate team at Covenant Woods ensures that its residents have access to all the resources they need to live comfortably and securely. With a strong commitment to their mission, Covenant Woods strives to create a vibrant and engaging community where seniors can truly thrive.

    Impact

    This information is meant to be a general summary of Covenant Woods. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Covenant Woods, a not-for-profit continuing care retirement community in Mechanicsville, VA, has a significant impact on the lives of its residents. It provides a range of services and amenities aimed at enhancing the quality of life for seniors, including maintenance-free living, wellness programs, dining options, fitness facilities, and various recreational activities.

    Covenant Woods also offers security and peace of mind to its residents through 24-hour security services, emergency alert systems, therapy services, and clinic facilities. Additionally, the community fosters a sense of belonging and social connection through events, classes, and gatherings.

    Overall, Covenant Woods plays a crucial role in supporting the well-being and happiness of senior citizens by providing a safe and enriching environment where they can enjoy active lifestyles and personalized care.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,623,600
  • Program Service Revenue: $31,318,239
  • Gross Receipts: $38,821,586

    • Assets and Liabilities:
  • Total Assets: $166,902,923
  • Total Liabilities: $145,319,966
  • Net Assets: $21,582,957
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RESIDENTIAL SERVICES

    Revenue

    $15,875,961

    HEALTHCARE SERVICES

    Revenue

    $11,417,048

    HOME HEALTH SERVICES

    Revenue

    $4,025,230

    Organization Details

    Founding Year

    1901

    Principal Officer

    Erik Mauritsen

    Main Address

    7090 COVENANT WOODS DRIVE, MECHANICSVILLE, VA, 23111

    NTEE Category

    Code: E91 - Health

    If you are a representative of Covenant Woods and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.