COVENANT LIVING
Charitable organizationSupportive health care·150 - 10130 112 ST NW · EDMONTON, AB · T5K 2K4·BN 861897049RR0001·website ↗
Last reported: F2024 filing · period ending 2024-03-31
What it does — in its own words
Ongoing programs
We operate seniors independent living facilities.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Cents to cause
T1 · computed (open data)77¢
Per its F2024 T3010, 77¢ of each dollar spent went to programs.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)23%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)2.2 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$7.8M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)0%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-03-31 | $5.2M | — | — | — |
| 2020-03-31 | $6.0M | 77¢ | 23% | 2.3 yr |
| 2021-03-31 | $6.1M | 75¢ | 25% | 2.3 yr |
| 2022-03-31 | $6.7M | 74¢ | 26% | 2.4 yr |
| 2023-03-31 | $6.9M | 0¢ | 24% | 671.3 yr |
| 2024-03-31 | $7.8M | 77¢ | 23% | 2.2 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
13 directors reported · 13 of 13at arm's length
- Smith, Richard WEx-Officioarm's length
- Stelmach, EdBoard Chairarm's length
- Heid, Lucille (Mary Corita) MDirectorarm's length
- Gilbertson, RonaldDirectorarm's length
- Yuzwa, GregDirectorarm's length
- Spelliscy, TimothyDirectorarm's length
- Fong, AngelaDirectorarm's length
- MacDonald, ElanDirectorarm's length
- Anctil-Michalyshyn, CaroleBoard Memberarm's length
- Cullum, StuartBoard Memberarm's length
Show all 13 directors
- Shandro, TylerBoard Memberarm's length
- Dugas, WendyBoard Memberarm's length
- Germann, KarlBoard Memberarm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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