EIN 54-1549760

Covenant Place

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1993
Most recent tax filings
2023-12-01
Description
The not for profit corporation was organized to own and operate a 40 unit apartment community in smithfield, va known as Covenant Place apartments. It was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreements, which govern the operation of the community, with the federal housing administration section of hud. A project rental assistance contract (prac) provides rent assistance for low income families (or persons), while hud pays the balance of the rent.
Total revenues
$328,918
2023
Total expenses
$338,366
2023
Total assets
$553,883
2023
Num. employees
0
2023

Program areas at Covenant Place

The not for profit corporation was organized to own and operate a 40 unit apartment community in smithfield, va known as Covenant Place apartments. It was organized pursuant to section 202 of the national housing act as amended and has entered into the standard fha regulatory agreements, which govern the operation of the community, with the federal housing administration section of hud. A project rental assistance contract (prac) provides rent assistance for low income families (or persons), while hud pays the balance of the rent.

Personnel at Covenant Place

NameTitleCompensation
Milton WorthingtonPresident$0
Laura GrimesAccounting Manager
Barbara P WigginsPresident$0
Dea Milton WorthingonMember$0
Dea Roland DixonSecretary$0
...and 1 more key personnel

Financials for Covenant Place

RevenuesFYE 12/2023
Total grants, contributions, etc.$176,165
Program services$150,904
Investment income and dividends$35
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,814
Total revenues$328,918

Form 990s for Covenant Place

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-22990View PDF
2022-122023-05-12990View PDF
2021-122022-06-14990View PDF
2020-122021-10-07990View PDF
2019-122020-11-25990View PDF
...and 10 more Form 990s
Data update history
November 28, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 4, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 22, 2022
Updated personnel
Identified 4 new personnel
Nonprofit Types
Housing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
517 W Main St
Smithfield, VA 23430
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Isle of Wight County, VA
Phone
(336) 765-0424
IRS details
EIN
54-1549760
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1993
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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