Covenant Living at Shannondale
Covenant Living at Shannondale reported $19.2 million in revenue and $32.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $74.38 went to program services, $25.62 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.2% of the total. The highest compensation it reported for one person was $1,177,166 (FORMER DIRECTOR AND CLCS PRESIDENT/CEO - THRU 05/24). 6 people received more than $100,000 in reportable compensation. Revenue fell 43% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $33MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $19M- Contributions & grants (non-government)$0.18 $33,985
- Program service revenue$99.03 $19M
- Other revenue$0.79 $152K
Investment income was negative: −$36,918. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 74.4% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 25.6% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.2% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,177,166 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.61% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 6 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -6.4 | 6.9 |
| Independent voting board members Part VI 1a–1b | 15 of 19 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseResidential living: the number of persons who benefited from the services we provided for the year ended september 30, 2025 were as follows: there were a total of 427 residents, occupying 316 apartments at 09/30/2025. Residency for the fiscal year totaled 153,323 resident days
Skilled nursing: the number of persons who benefited from the services we provided for the year ended september 30, 2025 were as follows: there were a total of 42 skilled care residents at 09/30/2025. Skilled and long term residency for the fiscal year end totaled 13,817 resident days
Assisted living: the number of persons who benefited from the services we provided for the year ended september 30, 2025 were as follows: there were a total of 63 assisted living residents at 09/30/2025. Assisted living residency for the fiscal year totaled 24,428 resident days
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER DIRECTOR AND CLCS PRESIDENT/CEO - THRU 05/24 Former, 0.0 hrs/week | $0 | $941,279 | $235,887 | $1,177,166 |
| DIRECTOR/EX-OFFICIO/CHIEF EXECUTIVE OFFICER Director/trustee, officer, 1.0 hrs/week | $0 | $661,650 | $149,211 | $810,861 |
| CHIEF FINANCIAL OFFICER/TREASURER/ASSISTANT SEC Officer, 1.0 hrs/week | $0 | $585,593 | $108,168 | $693,761 |
| FORMER OFFICER/CURENT CHIEF INFORMATION AND TECHNOLOGY OFFICER Key employee, 2.0 hrs/week | $0 | $495,439 | $74,300 | $569,739 |
| CHIEF HUMAN RESOURCES OFFICER - PART YEAR Key employee, 1.0 hrs/week | $0 | $394,651 | $61,258 | $455,909 |
| GENERAL COUNSEL/ASSISTANT SECRETARY Officer, 1.0 hrs/week | $0 | $327,540 | $81,213 | $408,753 |
| DIRECTOR/EX-OFFICIO/CMB PRESIDENT Director/trustee, 0.1 hrs/week | $0 | $323,746 | $67,944 | $391,690 |
| INTERIM CHIEF HUMAN RESOURCES OFFICER Key employee, 1.0 hrs/week | $0 | $288,527 | $63,598 | $352,125 |
6 people received more than $100,000 in reportable compensation from Covenant Living at Shannondale (Part VII, line 2).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b19 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5426
- Volunteers Part I, line 6127
Correct a figure or respond
Every number above is copied from Covenant Living at Shannondale's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Covenant Living at Shannondale, you can publish a response that is linked from this page.
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Of every $100 Covenant Living at Shannondale spent in FY2025, $74.38 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Covenant Living at Shannondale's spending goes to programs?
In the fiscal year ending September 30, 2025, Covenant Living at Shannondale reported that 74.4% of its $32.6 million in expenses went to program services, 25.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Covenant Living at Shannondale pay its top executive?
The largest total compensation Covenant Living at Shannondale reported for one person in the fiscal year ending September 30, 2025 was $1,177,166, for the role of FORMER DIRECTOR AND CLCS PRESIDENT/CEO - THRU 05/24 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Covenant Living at Shannondale get its money?
Of $19.2 million in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants and 99.2% from program service revenue (Form 990, Part VIII).
Is Covenant Living at Shannondale a registered charity?
The IRS lists EIN 62-0698709 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632199349300928 · read the filing
- FY2024 (9 mo.): Form 990 for the 9-month short period ending September 30, 2024, object 202502119349301515 · read the filing
- 2023: Form 990 for calendar year 2023, object 202433169349302013 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323179349309012 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349312987 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123159349305282 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003109349301465 · read the filing
All filings for EIN 62-0698709: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.