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Filing year 2023

COVENANT VILLAGE INC

Gastonia, North Carolina·EIN 56-1210103·NTEE P75Z · Human Services·501(c)(3)
Total revenue
$17.2M
Total assets
$32.4M
Total expenses
$17.6M
Reported officers
19
Mission

OWNS AND OPERATES A CONTINUING CARE RETIREMENT COMMUNITY AND PROVIDES NURSING CARE, ASSISTED LIVING, AND SERVICES FOR THE INDEPENDENT ELDERLY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Human Services organizations in North Carolina.

CEO
Above 90th percentile
$331k
$361k
Base
$211k
Bonus
$81k
Other
$2k
Benefits
$30k
Health Center Administrato
Highest Compensated Employee
Median to 75th percentile
$177k
$193k
Base
$151k
Bonus
$4k
Other
Benefits
$17k
Senior Director of Marketi
Highest Compensated Employee
Median to 75th percentile
$161k
$175k
Base
$134k
Bonus
$5k
Other
Benefits
$18k
Senior Director of Human R
Highest Compensated Employee
25th percentile to median
$137k
$150k
Director of Nursing, RN
Highest Compensated Employee
25th percentile to median
$131k
$143k
Sr. Director, Property Ser
Highest Compensated Employee
25th percentile to median
$128k
$139k
Senior Director of Finance
Median to 75th percentile
$128k
$139k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Human Services

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at COVENANT VILLAGE INC equaled 2% of the organization's total expenses. The median for human services organizations is 8%.

This organization (2023)
2%
Sector median
8%
Middle half of sector
3% to 17%

Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 26%
from 2022

From $264k in 2022 to $331k in 2023.

$264k
2022
$331k
2023
In today's dollarsEst.
Up 20% in real terms$301k to $361k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 26% from 2022 to 2023, while revenue rose 20%.

$264k in 2022 to $331k in 2023.
  • Highest Compensated Employee pay held roughly steady from 2022 to 2023.
  • Chief Financial Officer pay fell 1% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about COVENANT VILLAGE INC

What does the Chief Executive Officer of COVENANT VILLAGE INC earn?

In 2023, the Chief Executive Officer of COVENANT VILLAGE INC received $330,981 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Human Services organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COVENANT VILLAGE INC compare with similar nonprofits?

Compared with the same role at Human Services organizations in North Carolina, the 2023 pay of the Chief Executive Officer at COVENANT VILLAGE INC falls in the top 10%. In 2023, the highest total compensation at COVENANT VILLAGE INC equaled 2% of the organization's total expenses. The median for human services organizations is 8%.

What are COVENANT VILLAGE INC's revenue and expenses?

In 2023, COVENANT VILLAGE INC reported $17.2M in total revenue and $17.6M in total expenses on its IRS Form 990.

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