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Filing year 2024

The Covenant Shelter of New London Inc

New London, Connecticut·EIN 06-1085545·NTEE L41Z · Housing & Shelter·501(c)(3)
Total revenue
$683k
Total assets
$708k
Total expenses
$622k
Reported officers
14
Mission

Provide temporary emergency shelter for persons displaced from their home for any reason.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Connecticut.

Ex. Dir.-former
Officer (Unspecified)
$74k
$80k
CEO
25th percentile to median
$48k
$51k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast 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 Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Covenant Shelter of New London Inc equaled 12% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
12%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter 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.

Climbed 16%
over 2 years

From $64k in 2022 to $74k in 2024.

$64k
2022
$68k
2023
$74k
2024
In today's dollarsEst.
Up 9% in real terms$74k to $80k

Estimated with BLS CPI-U for the Northeast 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 fell 25% from 2022 to 2024, while revenue rose 55%.

$64k in 2022 to $48k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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 The Covenant Shelter of New London Inc

What does the Chief Executive Officer of The Covenant Shelter of New London Inc earn?

In 2024, the Chief Executive Officer of The Covenant Shelter of New London Inc received $47,500 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Connecticut, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Covenant Shelter of New London Inc compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Connecticut, the 2024 pay of the Chief Executive Officer at The Covenant Shelter of New London Inc falls between the 25th percentile and the median. In 2024, the highest total compensation at The Covenant Shelter of New London Inc equaled 12% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are The Covenant Shelter of New London Inc's revenue and expenses?

In 2024, The Covenant Shelter of New London Inc reported $683k in total revenue and $622k in total expenses on its IRS Form 990.

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