Nonprofit · EIN 54-1549760
COVENANT PLACE INC
Tax-exempt · SMITHFIELD, VA 23430
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $368,039 | $352,844 | $15,195 | $587,170 | $1,657,968 | -$1,070,798 |
| December 31, 2024 | 990 | $342,607 | $323,369 | $19,238 | $575,268 | $1,661,262 | -$1,085,994 |
| December 31, 2023 | 990 | $328,918 | $338,366 | -$9,448 | $553,883 | $1,659,115 | -$1,105,232 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $205,519
- of which government grants
- $205,519
- Program service revenue
- $145,837
- Investment income
- $12,660
- Other revenue
- $4,023
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,669
- Occupancy
- $198,451
- Travel
- $564
- Depreciation
- $7,048
- Program services (functional)
- $207,842
- Management and general (functional)
- $145,002
Balance sheet and other
- Total assets, start of year
- $575,268
- Total assets, end of year
- $587,170
- Total liabilities, end of year
- $1,657,968
- Net assets, end of year
- -$1,070,798
- Land, buildings and equipment
- $200,508
- Net assets without donor restrictions
- -$1,070,798
- Gross receipts
- $368,039
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1993
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA P WIGGINS | PRESIDENT Trustee or director, Officer | 20 | $0 |
| DEA E CHARLES WOODSON | VICE PRESIDENT Trustee or director, Officer | 20 | $0 |
| PHYLLIS WHITE | MEMBER Trustee or director | 20 | $0 |
| LOIS GWALTNEY | MEMBER Trustee or director | 20 | $0 |
| MARJORIE WOODARD | MEMBER Trustee or director | 20 | $0 |
| ELLEN RUSH | MEMBER Trustee or director | 20 | $0 |
| ADRIAN FOSTER | MEMBER Trustee or director | 20 | $0 |
| REV JAMES HARRISON | MEMBER Trustee or director | 20 | $0 |
| HAZEL EDWARDS | MEMBER Trustee or director | 20 | $0 |
| LENORE JENKINS | MEMBER Trustee or director | 20 | $0 |
| REV BARBARA PARKER | MEMBER Trustee or director | 20 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA P WIGGINS | PRESIDENT Trustee or director, Officer | 20 | $0 |
| DEA E CHARLES WOODSON | VICE PRESIDENT Trustee or director, Officer | 20 | $0 |
| PHYLLIS WHITE | MEMBER Trustee or director | 20 | $0 |
| LOIS GWALTNEY | MEMBER Trustee or director | 20 | $0 |
| MARJORIE WOODARD | MEMBER Trustee or director | 20 | $0 |
| ELLEN RUSH | MEMBER Trustee or director | 20 | $0 |
| ADRIAN FOSTER | MEMBER Trustee or director | 20 | $0 |
| REV JAMES HARRISON | MEMBER Trustee or director | 20 | $0 |
| HAZEL EDWARDS | MEMBER Trustee or director | 20 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEA MILTON WORTHINGON | MEMBER Trustee or director, Officer | 20 | $0 |
| BARBARA P WIGGINS | PRESIDENT Trustee or director, Officer | 20 | $0 |
| HAZEL EDWARDS | MEMBER Trustee or director | 20 | $0 |
| REV JAMES HARRISON | MEMBER Trustee or director | 20 | $0 |
| DEA E CHARLES WOODSON | MEMBER Trustee or director | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 517 MAIN ST, SMITHFIELD, VA 23430-1330
- Principal officer (990 for 2025)
- BARBARA P WIGGINS, 517 W MAIN STREET, SMITHFIELD, VA 23430
- Signed the 990
- BARBARA P WIGGINS, PRESIDENT
- Phone
- (336) 765-0424
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
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.
Program accomplishments
- 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.Expenses $207,842 · revenue $145,837
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1549760
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $587,170
- Income (IRS master file)
- $368,039
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $368,039 | $352,844 | $587,170 | XML |
| 990 | December 2024 | $342,607 | $323,369 | $575,268 | XML |
| 990 | December 2023 | $328,918 | $338,366 | $553,883 | XML |
| 990 | December 2022 | $340,118 | $329,963 | $561,790 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1549760).
Questions about COVENANT PLACE INC
- What is the EIN of COVENANT PLACE INC?
- The employer identification number (EIN) of COVENANT PLACE INC is 54-1549760.
- Is COVENANT PLACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to COVENANT PLACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COVENANT PLACE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COVENANT PLACE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COVENANT PLACE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of COVENANT PLACE INC?
- The 990 for the year ended December 31, 2025 names BARBARA P WIGGINS.
- Who are the officers and directors of COVENANT PLACE INC?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does COVENANT PLACE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $368,039, expenses of $352,844 and total assets of $587,170 at year end.
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