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Rhode Island · Nonprofit

COVENTRY HOUSING ASSOCIATES CORPORATION

COVENTRY HOUSING ASSOCIATES CORPORATION (Rhode Island) receives grants from 3 organizations whose IRS filings report $30,000 to it, the largest being BOWDOIN APARTMENTS CORPORATION ($15,000). 1 of them have funded it in more than one year.

Revenue FY2024
$150k
Funders on record
3
Grants received
$30k
Net assets
$296k
1/3 repeat funderspeak grant-dependency 48%
01What it does

What Coventry Housing Associates Corporation does

Mission

Affordable housing opportunities for the promise of community

As stated on its FY2024 Form 990.

Program

  1. Affordable housing developer, affordable housing manager, rental property owner (deed restricted properties)

    $480,450 spentof which $13,780 as grants$132,903 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $480,450.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($42k) Expenses 100 ($115k) Net assets 100 ($222k)2018 Revenue 154 ($65k) Expenses 84 ($97k) Net assets 86 ($190k)2019 Revenue 156 ($66k) Expenses 77 ($89k) Net assets 94 ($209k)2020 Revenue 153 ($64k) Expenses 109 ($125k) Net assets 75 ($166k)2021 Revenue 50 ($21k) Expenses 112 ($128k) Net assets 178 ($397k)2022 Revenue 305 ($128k) Expenses 504 ($578k) Net assets 186 ($413k)2023 Revenue 103 ($43k) Expenses 444 ($509k) Net assets 155 ($345k)2024 Revenue 357 ($150k) Expenses 432 ($495k) Net assets 133 ($296k)
'17'18'19'20'21'22'23'24
Revenue (357)Expenses (432)Net assets (133)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $553k to $2.9M (+432%).

$474k
$434k
$563k
$406k
$550k
$553k
$2.9M
$3.2M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

9% of COVENTRY HOUSING ASSOCIATES CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 8 reported years ran a deficit.

−$73k
’17
−$32k
’18
−$23k
’19
−$60k
’20
−$107k
’21
−$450k
’22
−$466k
’23
−$345k
’24
6.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Julie A Leddy

Executive director

Board chair

Maureen K Jendzejec

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed66666666
Joined·+0+0+0+2+0+0+0
No longer listed·0002000
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $20k → $5k.

From the IRS filings of COVENTRY HOUSING ASSOCIATES CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

COVENTRY HOUSING ASSOCIATES CORPORATION leans on a few funders — its largest provides 50% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

50% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COVENTRY HOUSING ASSOCIATES CORPORATION.

50%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2017 75% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

COVENTRY HOUSING ASSOCIATES CORPORATION draws 50% of its grant income from funders outside Rhode Island, across 2 states in all.

MA
RI

In-state vs out-of-state, by year

’17
’22
’23
Rhode Island out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COVENTRY HOUSING ASSOCIATES CORPORATION has grown faster than three-quarters of the 7,828 housing & shelter nonprofits its size.

Operating margin−230% · bottom quartile
Months of reserve6.3mo · above the median
Revenue growth (annualized)20% · top quartile

this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024

Organizations like COVENTRY HOUSING ASSOCIATES CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

5
board members
100%
independent
–Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

90%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

RI

Part of a family of 4 related entities

  • Coventry Housing Authority · exempt
  • Crossroads Estates LP · partnership
  • Seven Farms Inc · corp_trust
  • Coventry Meadows Devel Corp II · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for COVENTRY HOUSING ASSOCIATES CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COVENTRY HOUSING ASSOCIATES CORPORATION?
COVENTRY HOUSING ASSOCIATES CORPORATION (Rhode Island) receives grants from 3 organizations whose IRS filings report $30,000 to it, the largest being BOWDOIN APARTMENTS CORPORATION ($15,000). 1 of them have funded it in more than one year.
How many funders does COVENTRY HOUSING ASSOCIATES CORPORATION have?
IRS filings report 3 organizations giving $30,000 in grants to COVENTRY HOUSING ASSOCIATES CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of COVENTRY HOUSING ASSOCIATES CORPORATION?
BOWDOIN APARTMENTS CORPORATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like COVENTRY HOUSING ASSOCIATES CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing