Public Charity

COVENANT WOODS

COVENANT WOODS is a nonprofit organization categorized as Public Charity based in MECHANICSVILLE, VA. Its most recent IRS filing (2025) reports revenue of $38.8M, expenses of $39.2M, total assets of $151.7M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $62K.

EIN: 540524902 MECHANICSVILLE, VA Latest filing: 2025
Total Revenue$38.8M
Total Expenses$39.2M
Total Assets$151.7M
Grant Records3
Funding Total$62K
Filing Years2021–2025

Mission

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.

Officers & Directors

ADMINISTRATOR Carrie Davis
BOARD MEMBER Charles Graves
PRESIDENT/CEO Dr Thomas Wright
BOARD MEMBER Edward Clingman
DIRECTOR OF HR Emily Endert
CFO (UNTIL 04/26/24) Erik Mauritsen

Officer compensation and complete director data available with membership.

Top Grant Purposes

SPECIAL PROJECT
$47,464 1 grant
HEALTH AND WELLNESS
$9,050 1 grant
For grant recipient's exempt purposes
$5,693 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $38.8M $39.2M $151.7M
2024 $39.1M $46.4M $149.1M
2023 $36.8M $43.6M $151.8M
2022 $38.6M $42.5M $166.9M
2021 $38.3M $39.5M $176.1M

Between 2021 and 2025, reported annual revenue held roughly steady at around $38.8M, with total assets most recently reported at $151.7M.

Interactive year-over-year charts and full filing details available with membership.

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