Covia Communities is located in Glendale, CA. The organization was established in 1966. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 03/2022, Covia Communities employed 1,440 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covia Communities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Covia Communities generated $275.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $144.2m during the year ending 03/2022. While expenses have increased by 1.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COVIA COMMUNITIES PROVIDES HOUSING AND OTHER SUPPORTIVE SERVICES TO SENIORS OF ALL ECONOMIC MEANS.
Describe the Organization's Program Activity:
COVIA COMMUNITIES (CC) IS A PIONEERING LEADER IN SENIOR CARE RETIREMENT LIVING SINCE 1965. CC HAS BUILT, OPENED, AND OPERATES FIVE CONTINUING CARE COMMUNITIES ON A NONPROFIT AND NON DENOMINATIONAL BASIS WHICH ARE LICENSED BY THE STATE OF CALIFORNIA. THE COMMUNITIES OFFER ITS RESIDENTS SECURITY AND PEACE OF MIND WHICH INCLUDES: (1) THE PROMISE OF CARE FOR THE REMAINDER OF THE RESIDENT'S LIFE; (2) INDEPENDENT LIVING WITH A WIDE RANGE OF RESIDENT SERVICES; (3) ALL LEVELS OF CARE ON SITE, INCLUDING SKILLED NURSING CARE AND PHYSICIAN'S VISITS; AND THE OPPORTUNITY TO CONTINUE LIVING IN THE COMMUNITY EVEN IF THE RESIDENT HAS EXHAUSTED THEIR FINANCIAL RESOURCES THROUGH NO FAULT OF THEIR OWN.
FOR MORE THAN 50 YEARS, COVIA HAS BEEN A LEADING NONPROFIT PROVIDER OF HOUSING AND SERVICES FOR OLDER ADULTS IN THE BAY AREA. OUR MISSION IS TO PROMOTE POSITIVE AGING BY CULTIVATING HEALTHY AND ENGAGED COMMUNITIES WITH A CONTINUUM OF INNOVATIVE SERVICES THAT ACTIVELY SUPPORT THE WHOLE PERSON. IN ADDITION TO PROVIDING HOUSING THROUGH OUR 13 COMMUNITIES, 8 OF WHICH ARE AFFORDABLE COMMUNITIES, COVIA SERVES MORE THAN 18,000 OLDER ADULTS THROUGH OUR COMMUNITY SERVICES DIVISION'S INNOVATIVE PROGRAMS, INCLUDING: (1) HOME MATCH SHARED HOUSING PROVIDES ECONOMIC STABILITY AND ENHANCED WELLBEING FOR OLDER ADULT HOME PROVIDERS WHO OFFER ROOMS IN THEIR HOMES IN EXCHANGE FOR ADDITIONAL INCOME, HELP AROUND THE HOUSE IN RETURN FOR LOWER RENTS, AND/OR COMPANIONSHIP. CURRENTLY AVAILABLE IN MARIN COUNTY, SAN FRANCISCO (SF), CONTRA COSTA COUNTY, AND ALAMEDA COUNTY (FREMONT). (2) WELL CONNECTED OFFERS MORE THAN 80 WEEKLY ACTIVITIES, CLASSES AND SUPPORT GROUPS THROUGH FREE TELEPHONE CONFERENCE AND VIDEO CALLS IN ENGLISH AND SPANISH. (3) SOCIAL CALL (SC) IS A FRIENDLY VISITING PROGRAM THAT BEGAN IN SF IN 2009. SC MAKES THOUGHTFUL AND PRECISE MATCHES BETWEEN COMMUNITY VOLUNTEERS AND OLDER ADULTS 1:1 FOR WEEKLY SOCIAL VISITS, IN-PERSON OR BY PHONE. PHONE VISITS ANYWHERE IN THE US, INPERSON VISITS IN SF, ALAMEDA, MARIN & SONOMA COUNTIES. SC KNOWS OLDER AGE IS A TIME OF CREATIVE GROWTH AND WE WANT VOLUNTEERS (OFTEN MUCH YOUNGER) AND PARTICIPANTS TO FIND EQUITY AND MEANINGFUL CONNECTION DURING THEIR VISITS, WITH THE ULTIMATE GOAL OF REDUCING LONELINESS. (4) MARKET DAY: 24 WEEKLY MARKETS ARE LOCATED AT SENIOR CENTERS, AFFORDABLE SENIOR HOUSING COMMUNITIES, COMMUNITY CENTERS, AND FAITH-BASED ORGANIZATIONS ACROSS CALIFORNIA THAT PROVIDE FRESH FRUIT AND VEGETABLES AT WHOLESALE PRICES ALONG WITH VOLUNTEER OPPORTUNITIES AND A SOCIAL GATHERING. (5) SENIOR RESOURCES PROVIDES INFORMATION AND REFERRAL ASSISTANCE AND EMERGENCY FUNDING IN SEVEN COUNTIES. EMERGENCY FUNDS ARE DESIGNED TO BE DISBURSED ON A ONE-TIME BASIS, TO PROVIDE SAFETY NET FUNDING FOR EXPENSES SUCH AS: RENT, UTILITIES, CAR REPAIR, HOUSEHOLD REPAIRS, MEDICAL/DENTAL EXPENSES ETC. THREE COUNTIES HAVE ADDITIONAL UNIQUE PROGRAMS TAILORED TO THE SPECIFIC NEEDS OF EACH COUNTY, THAT IS, ROTARY HOME TEAM IN CONTRA COSTA COUNTY AND PANTRY OF HOME IN ALAMEDA COUNTY. (6) CREATIVE SPARK IS A NEW PROGRAM INSPIRED BY RUTH'S TABLE AT BETHANY CENTER IN SAN FRANCISCO WHICH IS FOUNDED ON CREATIVE AGING PRINCIPLES OF CULTURE SHIFT, BE WELL, GROW, AND CONNECT. CREATIVE SPARK INTENDS TO PACKAGE THE SUCCESS AND IMPACT OF RUTH'S TABLE, AND BRING IT TO A LARGER COMMUNITY, OTHER RESIDENCES, AGING SERVICES, AND OLDER ADULTS THROUGH STAFF TRAINING AND CONSULTATION, CREATIVE AGING CURRICULUM, ART KITS, AND VIRTUAL CLASSES WITH OLDER ADULTS.
COVIA COMMUNITIES PROVIDES FINANCIAL ASSISTANCE TO OVER 45 RESIDENTS IN ITS CONTINUING CARE RETIREMENT COMMUNITIES WHO HAVE EXHAUSTED THEIR FUNDS AND CAN NO LONGER AFFORD TO PAY THEIR MONTHLY SERVICE FEES. THESE RESIDENTS RECEIVE PARTIAL OR FULL CREDITS OF THEIR MONTHLY FEES DEPENDING ON THEIR FINANCIAL NEED. IN SOME INSTANCES, THEY ALSO RECEIVE A STIPEND SO THAT THEY CAN PAY FOR THEIR MEDICATIONS OR HEALTH CARE EXPENSES NOT OTHERWISE COVERED BY INSURANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tracy Powell VP Of Outreach Programs | Officer | 40 | $348,271 |
Christopher Ichien VP Of Life Plan Operations | Officer | 38 | $321,974 |
Christopher Dana VP Of It | Officer | 33 | $258,563 |
Prabhjot K Brinton VP Of Hr | Officer | 35 | $249,057 |
Diana Jamison Treasurer, CFO | Officer | 12 | $244,960 |
Jonathan Casey VP Finance Affordable Housing | Officer | 5 | $241,151 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Tc Castle Construction Inc Construction Svcs | 3/30/22 | $2,436,463 |
Nelson T Lewis Construction Co I Construction Svcs | 3/30/22 | $1,399,262 |
Ag Construction Construction Svcs | 3/30/22 | $4,610,127 |
R E Smith Builder Construction Svcs | 3/30/22 | $234,232 |
City Building Inc Construction Svcs | 3/30/22 | $1,344,157 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $134,591,309 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $134,591,309 |
Total Program Service Revenue | $134,963,967 |
Investment income | $4,502,569 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$254,966 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $275,832,129 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,809,411 |
Grants and other assistance to domestic individuals. | $68,900 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $3,676,936 |
Compensation of current officers, directors, key employees. | $2,588,139 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $45,983,266 |
Pension plan accruals and contributions | $2,244,024 |
Other employee benefits | $6,535,491 |
Payroll taxes | $3,771,852 |
Fees for services: Management | $1,828,659 |
Fees for services: Legal | $219,981 |
Fees for services: Accounting | $221,229 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $692,745 |
Fees for services: Other | $9,579,941 |
Advertising and promotion | $1,160,282 |
Office expenses | $1,012,593 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,933,058 |
Travel | $193,648 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $87,497 |
Interest | $5,109,027 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $32,900,097 |
Insurance | $2,690,854 |
All other expenses | $686,193 |
Total functional expenses | $144,169,290 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $0 |
Over the last fiscal year, Covia Communities has awarded $895,177 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Glendale, CA PURPOSE: SUPPORT FOR ESCF | $880,177 |
San Francisco, CA PURPOSE: support for services of escsf's programs | $15,000 |
Over the last fiscal year, we have identified 1 grants that Covia Communities has recieved totaling $110,000.
Awarding Organization | Amount |
---|---|
Leonard & Beryl Buck Foundation Las Vegas, NV PURPOSE: SUPPORT HOME MATCH MARIN | $110,000 |
Organization Name | Assets | Revenue |
---|---|---|
Humangood Norcal Duarte, CA | $678,945,998 | $194,536,667 |
Covia Communities Glendale, CA | $0 | $275,832,129 |
Covenant Retirement Communities West Santa Barbara, CA | $414,845,282 | $122,340,145 |
Humangood Socal Duarte, CA | $306,047,961 | $119,573,837 |
Sequoia Living Inc San Francisco, CA | $412,512,571 | $125,018,618 |
Jewish Home San Francisco, CA | $286,369,109 | $101,598,879 |
Community Eldercare Of San Diego San Diego, CA | $76,291,474 | $103,929,835 |
Center For Elders Independence Oakland, CA | $163,334,060 | $110,881,645 |
Masonic Homes Of California San Francisco, CA | $1,081,181,439 | $41,944,438 |
Motion Picture And Television Fund Woodland Hills, CA | $117,551,107 | $62,254,849 |
Institute On Aging San Francisco, CA | $58,432,886 | $66,846,262 |
Grancell Village Of The Los Angeles Jewish Home For The Aging Reseda, CA | $74,699,459 | $60,276,801 |