Covenant Living of Colorado
Covenant Living of Colorado reported $27.8 million in revenue and $26.2 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $72.92 went to program services, $26.44 to management and general costs and $0.64 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.5% of the total. The highest compensation it reported for one person was $1,177,166 (FORMER DIRECTOR AND CLCS PRESIDENT/CEO - THRU 05/24). 9 people received more than $100,000 in reportable compensation. Revenue rose 20% between FY2020 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 $26MFor 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 $28MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 72.9% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 26.4% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.6% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.49 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.2% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 91.5% | 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) | 4.49% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 9 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -5.8 | 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 311 residents occupying 233 apartments at 09/30/2025. Residency for the fiscal year totaled 111,140 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 53 skilled and long term residents at 09/30/2025. Skilled and long term residency for the fiscal year totaled 19,491 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 38 assisted living residents at 09/30/2025. Assisted living residency for the fiscal year totaled 13,641 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 Former, 0.0 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 |
| ASSOCIATE VICE PRESIDENT, OPERATIONS Key employee, 1.0 hrs/week | $0 | $322,709 | $50,065 | $372,774 |
9 people received more than $100,000 in reportable compensation from Covenant Living of Colorado (Part VII, line 2). Compensation of current officers, directors and key employees totaled $290K (Part IX, line 5).
6 years of filings
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 5262
- Volunteers Part I, line 647
Private foundation grants it received
1 private foundation reported grants to Covenant Living of Colorado totaling $223 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Covenant Living of Colorado'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 of Colorado, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Covenant Living of Colorado spent in FY2025, $72.92 went to programs. The full breakdown, from its IRS Form 990:
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All human services charities · Largest charities in Colorado
Questions people ask
How much of Covenant Living of Colorado's spending goes to programs?
In the fiscal year ending September 30, 2025, Covenant Living of Colorado reported that 72.9% of its $26.2 million in expenses went to program services, 26.4% to management and general and 0.6% to fundraising (Form 990, Part IX).
How much does Covenant Living of Colorado pay its top executive?
The largest total compensation Covenant Living of Colorado 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 of Colorado get its money?
Of $27.8 million in revenue in the fiscal year ending September 30, 2025, 1.2% came from contributions and grants and 91.5% from program service revenue (Form 990, Part VIII).
Is Covenant Living of Colorado a registered charity?
The IRS lists EIN 84-1084331 as a 501(c)(3) organization (church), 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 202622199349300437 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202522119349301652 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422139349300127 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302229349302120 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242239349302209 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122179349301907 · read the filing
All filings for EIN 84-1084331: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.