Mission
(SEE SCHEDULE O)
Public Charity
COVENANT LIVING AT SHANNONDALE
COVENANT LIVING AT SHANNONDALE is a Public Charity headquartered in KNOXVILLE, TN. Financial data from the 2025 filing: $19.2M revenue, $32.6M expenses, $110.6M total assets.
EIN: 620698709
KNOXVILLE, TN
Supportive Housing for Older Adults
NTEE: P75
Latest filing: 2025
Total Revenue$19.2M
Total Expenses$32.6M
Total Assets$110.6M
Grant Records0
Filing Years2020–2025
Where $100 goes at Covenant Living at Shannondale
How Covenant Living at Shannondale divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$83
Programs
the work itself
$17
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $83 for programs
$49
Residential living
$17
Skilled nursing
$17
Assisted living
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Allan Anderson
DIRECTOR
Al Lopus
DIRECTOR - PART YEAR
Andrew Vanover
HEALTHCARE ADMINISTRATOR
Benjamin Steifel
GENERAL COUNSEL/ASSISTANT SECRETARY
Cory Kallheim
DIRECTOR
Craig Swanson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $19.2M | $32.6M | $110.6M |
| 2024 | $22.1M | $34.8M | $115.3M |
| 2023 | $28.9M | $41.0M | $95.9M |
| 2022 | $31.8M | $40.6M | $97.1M |
| 2020 | $31.1M | $36.8M | $95.9M |
Between 2020 and 2025, reported annual revenue declined from $31.1M to $19.2M (-38%), with total assets most recently reported at $110.6M.
Interactive year-over-year charts and full filing details available with membership.