IT IS THE MISSION OF COVENANT WOODS, A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, TO PROVIDE OUR RESIDENTS WITH EXCEPTIONAL CARE, QUALITY OF LIFE, AND SECURITY AND COMFORT IN KEEPING WITH THE BENEVOLENT VISION OF OUR METHODIST AND PRESBYTERIAN FOUNDERS IN 1883.
Executive compensation, broken down
Form 990 · Schedule J · 8 reported individuals · Filing year 2023
- Base
- $372k
- Bonus
- —
- Other
- —
- Benefits
- $30k
- Base
- $258k
- Bonus
- $20k
- Other
- —
- Benefits
- $21k
- Base
- $211k
- Bonus
- —
- Other
- $14k
- Benefits
- —
- Base
- $158k
- Bonus
- —
- Other
- $26k
- Benefits
- $10k
- Base
- $150k
- Bonus
- $7k
- Other
- —
- Benefits
- $21k
- Base
- $154k
- Bonus
- —
- Other
- —
- Benefits
- $10k
- Base
- $144k
- Bonus
- $4k
- Other
- —
- Benefits
- $10k
- Base
- $143k
- Bonus
- $5k
- Other
- —
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $372k | — | — | $30k | $419k $458k |
Chief Financial Officer | $258k | $20k | — | $21k | $315k $344k |
Ex Director Home Health (until 12/23) key employee | $211k | — | $14k | — | $238k $260k |
Dir Business Develop (until 12/23) highest compensated employee | $158k | — | $26k | $10k | $198k $216k |
Director of HR highest compensated employee | $150k | $7k | — | $21k | $189k $206k |
IT Director (until 12/23) chief information officer | $154k | — | — | $10k | $172k $188k |
Director of Dining highest compensated employee | $144k | $4k | — | $10k | $167k $182k |
Administrator highest compensated employee | $143k | $5k | — | $10k | $166k $182k |
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 15 unpaid individuals.
Held steady
from 2022
From $416k in 2022 to $419k in 2023.
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.
Revenue and expenses over time
COVENANT WOODS reported revenue and expenses across 2 filing years.
What Health Care executives earn in Virginia
Comparable health care organizations in Virginia pay their highest-earning executive a median of $102,486.
These are health care sector-wide figures, not this organization's reported pay. Based on 92 organizations across 92 filings (2021 – 2023).
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