Covenant Place Foundation

Nonprofit profile at a glance

EIN
431365901
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
St Louis, MO, USA
Phone
3144321610
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Senior Centers

Official website

Reported finances

Revenue
$466,331
Expenses
$511,875
Assets
$3,979,966
Liabilities
$1,360,734

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • JOAN DENISON (PRESIDENT AND CEO)

Highest reported compensation

  • JOAN DENISON (PRESIDENT AND CEO): $295,014 total reported compensation
  • NANCY HAWK (CHIEF FINANCIAL OFFICER): $146,164 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Covenant place foundation (cpf) creates a vibrant, engaging community for seniors and helps residents of covenant place apartments and seniors in the greater community live independently and with dignity. The caring, supportive services provided through cpf promote health, psychological and social well-being, and help older adults to successfully age in place. Some of the ongoing programs funded and/or delivered through covenant place foundation include: catered evening meals (including kosher if requested), subsidized housekeeping, exercise classes, health and wellness programs, subsidized senior meals, food pantry, life-long learning opportunities, vial of life medicine/emergency contact records, assistance accessing government programs/services, on-site annual flu & pneumonia immunizations, free online computer lab, free lending library, entertainment and programs to promote socialization and decrease isolation.

What it reported doing in 2025

Transportation services include support for a passenger van and a 14-passenger wheelchair accessible shuttle bus to provide grocery and general shopping transportation and recreational trips.supportive programs and activities are offered to residents and community seniors, including numerous health, wellness, educational, and social programs and activities. Programs are designed to improve mental and physical health and decrease loneliness and isolation. Social services are provided to assist limited income elderly residents with referrals to supportive services and government programs, understanding of housing compliance regulations, and access to programs, activities, and enjoyment of life at covenant place. Translation services are also provided to non-english speaking residents.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 64% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 71
  • Accountability: 91
  • Sustainability: 39
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72.5%; rating input score 72
  • Program expense ratio: 60.7%; rating input score 61
  • Fundraising efficiency: $9.43 raised per $1 spent on fundraising; rating input score 36; 36th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -9.8%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 7.78; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 6.3%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: -7.5% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: 5.9% per year; rating input score 100; 52nd percentile among comparable filings
  • Asset growth: 2.9% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: 72.5% of revenue deployed · 60.7% of spending went to programs
  • Governance: 18 of 18 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $311K in reported program spending
  • Leadership: top reported pay $295K · 20 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 9 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 36/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.