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Covenant Village of the Great Lakes

2520 Lake Michigan NWDR, Grand Rapids, MI 49504 · CCN 235614
Skilled Nursing Operator: Covenant Living (15 sites) Nonprofit
Annual revenue
$5.0M
EBITDAR margin
-11.9%
Occupancy
83%
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Margins and the multi-year financial trend, cost structure, operating detail, CMS quality scores, and side-by-side benchmarking against local skilled nursing peers — plus screening across every provider.
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Revenue trend

FY20 $4.4MFY21 $4.2MFY22 $4.6MFY23 $4.8MFY24 $5.0M

How it compares

Covenant Village of the Great Lakes reports $5.0M in annual revenue — 58% below the Michigan skilled nursing median of $11.7M (across 375 rated providers).

Its ebitdar margin of -11.9% runs 14.6 pts below the state median (2.7%).

CMS quality ratings

Overall rating4/5
Staffing4/5
Health inspection4/5

Full comp set & historical detail

374 comparable Skilled Nursing providers · year-by-year financials · cost structure · distributions

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