COVENANT MINISTRIES OF BENEVOLENCE: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- COVENANT MINISTRIES OF BENEVOLENCE (EIN 36-3486813)
- Tax period
- 2015-02-01 to 2016-01-31
- Filed
- 2016-12-14
- IRS object ID
- 201623499349301082
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-12-14T16:14:38-06:00 | ReturnTs |
| Tax Period End | 2016-01-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-02-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363486813 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Covenant Ministries of Benevolence | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COVE | BusinessNameControlTxt |
| Phone | 7739891610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5145 N California Ave | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60625 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Lawrence Anderson | PersonNm |
| Person Title | Executive VP | PersonTitleTxt |
| Phone | 7739891610 | PhoneNum |
| Signature | 2016-12-14 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Lawrence Anderson | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5145 N California Ave | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60625 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,485,090 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Group Exemption | 2650 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.covenantbenevolence.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | To support organizations serving the sick, disabled, aging, poor and vulnerable. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 22 | TotalEmployeeCnt |
| Total Volunteers | 12 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$11,795 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $294,732 | PYContributionsGrantsAmt |
| CY Contributions Grants | $295,775 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,223,294 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,660,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | $191,238 | PYInvestmentIncomeAmt |
| CY Investment Income | $174,931 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,913,130 | PYOtherRevenueAmt |
| CY Other Revenue | $1,354,384 | CYOtherRevenueAmt |
| PY Total Revenue | $8,622,394 | PYTotalRevenueAmt |
| CY Total Revenue | $7,485,090 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $166,157 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $167,200 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,952,548 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,507,018 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,062,370 | PYOtherExpensesAmt |
| CY Other Expenses | $1,964,269 | CYOtherExpensesAmt |
| PY Total Expenses | $9,181,075 | PYTotalExpensesAmt |
| CY Total Expenses | $7,638,487 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$558,681 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$153,397 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $31,964,478 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,400,097 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $14,241,426 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,342,250 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $17,723,052 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $16,057,847 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Our mission is to express the life giving and sustaining ministry of Jesus Christ through the development, advancement and governance of mission driven organizations serving people who are sick, disabled, aging, poor or vulnerable. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,299,148 | ExpenseAmt |
| Grant | $167,200 | GrantAmt |
| Revenue | $7,014,384 | RevenueAmt |
| Desc | Covenant Ministries of Benevolence (CMB) provides administrative management services for several affiliates which fall under the IRS guidelines as non-profit organizations, exempt under section 501(c)(3). The services provided to these organizations assists them in carrying out their missions or exempt functions. The affiliates for which Covenant Ministries of Benevolence provides these services include the following organizations:- Swedish Covenant Hospital FEIN 36-2179813; - LifeCenter on the Green, Inc. FEIN 36-3513941; - EMC Health, Inc. FEIN 94-2281314;- Covenant Initiatives for Care, Inc. FEIN 27-1841721;- Covenant Enabling Residences of Illinois FEIN 36-3731196; - Covenant Enabling Residences of Michigan, Inc. FEIN 38-3495889; - Covenant Enabling Residences of Minnesota FEIN 41-1879965; - Covenant Enabling Residences of Florida, Inc. FEIN 59-3399402; - Children's Home of Cromwell, Conn., Inc. FEIN 06-0646920; - Covenant Children's Home and Family Services FEIN 36-2167043; - Covenant Retirement Communities, Inc. FEIN 36-3478388 and its affiliates: - Colonial Acres Home, Inc. FEIN 41-0841150; - Covenant Village of Florida, Inc. FEIN 52-1115870; - Covenant Home Illinois FEIN 36-2643638; - Covenant Healthcare Center, Inc. FEIN 52-1115873; - The Holmstad, Inc. FEIN 36-2835154; - Covenant Home of Chicago FEIN 36-3095932; - Covenant Home, Inc. Connecticut FEIN 13-1740015; - Covenant Retirement Communities West FEIN 95-3472345; - Covenant Village of Colorado, Inc. FEIN 84-1084331; - Covenant Village of the Great Lakes FEIN 38-3244636; - Windsor Park FEIN 36-3385581. - Covenant Retirement Services FEIN 27-2480652 | Desc |
| Total Program Service Expenses | $7,299,148 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (1) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 12 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 22 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | BD | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lawrence Anderson | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7739891610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O CMB 5145 N California Ave | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60625 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Robert H Anderson | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Ed Carey | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Lisa Caridine | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Janet Creaney | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| David Danielson | ||||||||
| Ex-Officio/Vice Chair | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jacqueline A de la Chapelle | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Arthur B DeRooy | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Wayne W Hansen | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert Jackson | ||||||||
| Director/Treasurer | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| David Y Kim | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Garth McGrath | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark L Mohrweis | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Richard P Nelson | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Roger Oxendale | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Mary Palmer | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Linda Solie | ||||||||
| Director/Secretary | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Clarke Tungseth | ||||||||
| Director | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Jennifer Larson | ||||||||
| Director/Chair | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| David A Dwight | ||||||||
| Ex-Officio/President | 40.00 | 1.00 | Yes (X) | $1,846,302 | $0 | $29,812 | Yes (X) | |
| Gary Walter | ||||||||
| Ex-Officio | 1.00 | 40.00 | Yes (X) | $0 | $151,696 | $109,618 | ||
| Harold Spooner | ||||||||
| EVP Outreach Ministries | 20.00 | 20.00 | $0 | $222,986 | $28,562 | Yes (X) | ||
| Lawrence P Anderson | ||||||||
| EVP Finance/Asst Treasurer | 40.00 | 0.00 | $793,788 | $0 | $29,242 | Yes (X) | ||
| David Erickson | ||||||||
| VP Legal/Asst Secretary | 2.00 | 40.00 | $0 | $285,049 | $52,820 | Yes (X) | ||
| Marit Awes | ||||||||
| Assistant Secretary | 40.00 | 0.00 | $69,952 | $0 | $1,731 | Yes (X) | ||
| Rick K Fisk | ||||||||
| CRC President | 1.00 | 40.00 | $1,037,707 | $0 | $19,210 | Yes (X) | ||
| Mark Newton | ||||||||
| SCH President | 1.00 | 40.00 | $1,382,938 | $0 | $7,950 | Yes (X) | ||
| John R Sigsbury | ||||||||
| EMC President | 1.00 | 40.00 | $148,532 | $0 | $0 | Yes (X) | ||
| Terri Cunliffe | ||||||||
| CRC President | 1.00 | 40.00 | $248,355 | $233,682 | $73,683 | Yes (X) | ||
| Linda Stuhmer | ||||||||
| EMCH President | 1.00 | 40.00 | $269,565 | $0 | $73,977 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,797,139 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $893,413 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $426,605 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Jeffrey Slocum & Associates Inc | |||||
| 43 Main Street SE | Minneapolis | MN | 55414 | Consulting | $279,415 |
| McDermott Will & Emery LLP | |||||
| 227 W Monroe St | Chicago | IL | 60606 | Consulting | $123,509 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $295,775 | AllOtherContributionsAmt |
| Total Contributions | $295,775 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Management Services | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $5,660,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,660,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,660,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,783 | TotalRevenueColumnAmt |
| Exclusion | $27,783 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $147,148 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $147,148 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $147,148 | TotalRevenueColumnAmt |
| Exclusion | $147,148 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Related Party Transfer | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $700,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $700,000 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $654,384 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $654,384 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,354,384 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,485,090 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,014,384 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $174,931 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,200 | TotalAmt |
| Program Services | $167,200 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,382,854 | TotalAmt |
| Program Services | $1,382,854 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,066,289 | TotalAmt |
| Program Services | $2,066,289 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,987 | TotalAmt |
| Program Services | $234,987 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,724,506 | TotalAmt |
| Program Services | $1,724,506 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,382 | TotalAmt |
| Program Services | $98,382 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,333,332 | TotalAmt |
| Program Services | $1,333,332 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,339 | TotalAmt |
| Management And General | $11,339 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,163 | TotalAmt |
| Management And General | $91,163 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,355 | TotalAmt |
| Program Services | $34,355 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,633 | TotalAmt |
| Program Services | $31,633 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,406 | TotalAmt |
| Management And General | $14,406 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $128,856 | TotalAmt |
| Management And General | $128,856 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,114 | TotalAmt |
| Management And General | $37,114 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,282 | TotalAmt |
| Program Services | $77,071 | ProgramServicesAmt |
| Management And General | $3,211 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,150 | TotalAmt |
| Program Services | $89,424 | ProgramServicesAmt |
| Management And General | $3,726 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,021 | TotalAmt |
| Management And General | $35,021 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Admin & General | Desc |
| Total | $6,846 | TotalAmt |
| Management And General | $6,846 | ManagementAndGeneralAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,772 | TotalAmt |
| Program Services | $59,115 | ProgramServicesAmt |
| Management And General | $7,657 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,638,487 | TotalAmt |
| Program Services | $7,299,148 | ProgramServicesAmt |
| Management And General | $339,339 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $690,761 | BOYAmt |
| EOY | $578,292 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,484,543 | BOYAmt |
| EOY | $2,438,663 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,352 | BOYAmt |
| EOY | $116,012 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,758,008 | BOYAmt |
| EOY | $1,926,949 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,080 | BOYAmt |
| EOY | $31,277 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,230,876 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $168,829 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,155,197 | BOYAmt |
| EOY | $1,062,047 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,727,902 | BOYAmt |
| EOY | $11,962,297 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,396,296 | BOYAmt |
| EOY | $3,706,868 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,622,339 | BOYAmt |
| EOY | $2,577,692 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,964,478 | BOYAmt |
| EOY | $24,400,097 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $662,915 | BOYAmt |
| EOY | $974,010 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,578,511 | BOYAmt |
| EOY | $7,368,240 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,241,426 | BOYAmt |
| EOY | $8,342,250 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,644,700 | BOYAmt |
| EOY | $15,941,835 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,352 | BOYAmt |
| EOY | $116,012 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,723,052 | BOYAmt |
| EOY | $16,057,847 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,964,478 | BOYAmt |
| EOY | $24,400,097 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$153,397 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,511,808 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Evangelical Covenant Church | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362167730 | EIN |
| Organization Type | 1 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $1,467,956 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $1,467,956 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | Yes (1) | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | Yes (1) | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Section A, Line 6 | Refer to Schedule I for grants made to other organizations. |
| Part IV, Section B, Line 2 | CMB provides support to the affliates as listed on the Form 990, Part III, Line 4a (and continued on Schedule O). |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $795,000 | OtherCostOrOtherBasisAmt |
| Book Value | $795,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $117,070 | OtherCostOrOtherBasisAmt |
| Depreciation | $74,711 | DepreciationAmt |
| Book Value | $42,359 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $318,806 | OtherCostOrOtherBasisAmt |
| Depreciation | $94,118 | DepreciationAmt |
| Book Value | $224,688 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,062,047 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Mortgages | $64,377 | F |
| Domestic Equity | $1,023,650 | F |
| International Equity | $795,884 | F |
| Hedge Funds & Derivatives | $1,063,892 | F |
| Private Equity | $471,717 | F |
| Mixed Bonds | $287,348 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,706,868 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Self Insurance Reserve - Workers Compensation | $283,932 |
| Other Investments | $2,293,760 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $2,577,692 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Other Current Liabilities | $3,820,087 |
| Other Long Term Liabilities | $664,910 |
| Related Company Payable | $2,883,243 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,368,240 | TotalLiabilityAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| Emanuel Medical Center | ||||||
| 825 Delbon Ave | Turlock | CA | 95382 | 501(c)(3) | $10,000 | Benefit Gala |
| Swedish Covenant Foundation | ||||||
| 5145 N California Ave | Chicago | IL | 60625 | 501(c)(3) | $100,000 | Pledge - Women's Health and SCH Gala |
| North Park University | ||||||
| NPU - 3225 Foster Ave | Chicago | IL | 60625 | 501(c)(3) | $12,500 | Sponsorships |
| Covenant Harbor Bible Camp | ||||||
| 1724 Main Street | Lake Geneva | WI | 53147 | 501(c)(3) | $10,000 | Sponsorships |
| Evangelical Covenant Church | ||||||
| 8303 W Higgins Road | Chicago | IL | 60631 | 501(c)(3) | $12,500 | Sponsorships for different ministries |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Grants and donation requests and proposals are brought to Covenant Ministries of Benevolence(CMB)management by the affiliate's boards and senior management. The management then brings requests and proposals deemed appropriate to the CMB Board for approval. A check goes out to the affliate after the approval from the Board of Benevolence is received. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| David A Dwight | ||||||||||||||
| Ex-Officio/President | $497,736 | $0 | $0 | $0 | $1,348,566 | $0 | $7,950 | $0 | $31,135 | $0 | $1,885,387 | $0 | $0 | $0 |
| Gary Walter | ||||||||||||||
| Ex-Officio | $0 | $151,696 | $0 | $0 | $0 | $0 | $0 | $22,754 | $0 | $86,864 | $0 | $261,314 | $0 | $0 |
| Harold Spooner | ||||||||||||||
| EVP Outreach Ministries | $0 | $171,147 | $0 | $8,000 | $0 | $43,839 | $0 | $7,271 | $0 | $26,589 | $0 | $256,846 | $0 | $0 |
| Lawrence P Anderson | ||||||||||||||
| EVP Finance/Asst Treasurer | $384,425 | $0 | $173,962 | $0 | $235,401 | $0 | $7,950 | $0 | $29,354 | $0 | $831,092 | $0 | $0 | $0 |
| David Erickson | ||||||||||||||
| VP Legal/Asst Secretary | $0 | $193,687 | $0 | $41,895 | $0 | $49,467 | $0 | $25,505 | $0 | $31,019 | $0 | $341,573 | $0 | $0 |
| Rick K Fisk | ||||||||||||||
| CRC President | $461,683 | $0 | $222,540 | $0 | $353,484 | $0 | $7,950 | $0 | $18,993 | $0 | $1,064,650 | $0 | $0 | $0 |
| Mark Newton | ||||||||||||||
| SCH President | $596,536 | $0 | $157,080 | $0 | $629,322 | $0 | $7,950 | $0 | $9,730 | $0 | $1,400,618 | $0 | $0 | $0 |
| Terri Cunliffe | ||||||||||||||
| CRC President | $232,440 | $108,724 | $0 | $77,220 | $15,915 | $47,738 | $27,694 | $26,597 | $12,558 | $9,476 | $288,607 | $269,755 | $0 | $0 |
| Linda Stuhmer | ||||||||||||||
| EMCH President | $214,754 | $0 | $0 | $0 | $54,811 | $0 | $35,000 | $0 | $39,623 | $0 | $344,188 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The following modest benefits were treated as taxable compensation and were determined by the Executive Compensation Committee (of CMB's Board) to be reasonable: - Travel for companions paid for two (2) senior-level employees. - Tax and financial planning services paid for one (1) senior-level employee. - Health club dues paid for one (1) senior-level employee. |
| Part I, Line 3 | See Schedule O explanation for Form 990 Part VI Section B Line 15 for the methods used to determine CEO compensation. The review and approval process is designed to satisfy and qualify for the rebuttable presumption of reasonableness under the Internal Revenue Code Section 4958. |
| Part I, Line 4b | Executive Benefit Plan Covenant Ministries of Benevolence (CMB) provides certain supplemental retirement benefits to its officers and key employees. These benefits are provided through a nonqualified deferred compensation plan, under which a portion of the benefits being earned are subject to a "substantial risk of forfeiture." The supplemental retirement benefits are structured to provide a retention incentive that has been determined by the Executive Compensation Committee of CMB's Board ("Committee") to be of substantial value to the organization. The Committee approves all retirement benefits, together with all other forms of compensation and benefits for these and other executives, in a manner intended to qualify for the rebuttable presumption of reasonableness under the intermediate sanctions rules of federal income tax law. The Committee has determined that total compensation for each such executive is reasonable. Contributions were made to the deferred compensation plan for the following participants: Lawrence Anderson - $60,332 David Dwight - $65,253 David Erickson - $24,737 Rick Fisk - $56,068 Terri Cunliffe - $45,986 Mark Newton - $75,395 Harold Spooner - $21,560 The compensation amounts reported for certain individuals in Part II, columns (B)(i) through (iii), include amounts earned over many years of employment under a supplemental nonqualified retirement plan. These amounts were at risk, and would have been forfeited if the reported individual had not satisfied a substantial service requirement. These amounts would be paid out over an individual's years of retirement, like a traditional pension plan benefit, but special laws for tax-exempt organizations require that the entire value be reported, taxed and paid out at one time. The individuals who earned these amounts over many years of service, and the amounts that were paid out in the reported year, are as follows: Rick Fisk - $248,729 David Dwight - $1,215,769 Lawrence Anderson - $107,573 Mark Newton - $473,529 John Sigsbury - $148,532 |
| Part I, Line 7 | The Committee follows a prescribed method for calculating incentive compensation awards. The calculation is based on measurable targets determined at the beginning of the year. The Committee has the ability to adjust the dollar value of the calculated awards by up to 10%. The adjustment can be an upward or downward adjustment based on various performance factors or on factors that will assure that final incentive compensation awards are in the best interest of the organization and appropriately reflect the performance of the organization. Refer to additional information on the Committee included in Schedule O. |
| Part II, Column B (ii): | Bonus and incentive compensation - Certain key persons employed by CMB are eligible for incentive compensation as determined by the Committee. Incentives paid in 2015 relate to the achievement of targets for the fiscal year ended 1/31/2015. |
| Part II, Column D: | Nontaxable benefits include health insurance premiums paid by the employer and employee. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 Part IV - Line 12 & Part XII - Line 2a-d | CMB does not receive an independent audit. CMB's financial statements are included in a consolidated compilation report prepared by independent accountants. CMB's information is consolidated with other related parties' financial information for the compilation report. |
| Form 990, Part VI, Section A, line 6 | The sole member is Evangelical Covenant Church (ECC). |
| Form 990, Part VI, Section A, line 7a | Appointed delegates of the Evangelical Covenant Church elect the Board of Directors in addition to those who serve as Ex-Officio. |
| Form 990, Part VI, Section A, line 7b | Bylaws include reserved powers to the [individual] members such as the election of the president of Covenant Ministries of Benevolence(CMB), changes to mission and strategic plan, approval of certain acquisitions, dispositions and financings, changes to articles and bylaws. |
| Form 990, Part VI, Section B, line 11 | Management Review: The draft Form 990 was reviewed by multiple levels of management including the President of CMB and the Executive Vice President of Finance Board Review: Prior to filing, key provisions of the Form were discussed with the Executive Committee of the Board of Directors and the final Form 990 was provided to each Board member. |
| Form 990, Part VI, Section B, line 12c | Covenant Ministries of Benevolence (CMB) has two conflict of interest policies. One is a general conflict of interest policy for the board members and the other is the compensation conflict of interest policy which is completed by the Executive/Compensation Committee members. Annually, conflicts of interest are reviewed with the board members or the Executive/Compensation Committee members. They individually declare if a conflict exists or not. Each member then signs an acknowledgment form. In addition to the above, a separate and more comprehensive questionnaire is sent to the board members, officers, key employees and other interested persons. The completed questionnaires are reviewed by CMB's legal counsel to determine if any actual or potential conflicts exist. If a person becomes an interested person, he or she may be considered in determining whether a quorum is present. The interested person may make a short statement relating to the transaction or arrangement in question, but shall not be present during the discussion and shall not vote on the motion addressing the actual or potential conflict. |
| Form 990, Part VI, Section B, line 15 | CMB's Board of Directors has duly appointed an Executive Compensation Committee (the "Committee"), which is responsible for the review and approval of all compensation and benefits provided to CMB's executive management. The Committee has adopted a written Executive Compensation Philosophy Statement and an Executive Compensation Committee Charter governing the work and review process of the Committee. The Committee follows the procedures described in the Philosophy Statement and the Charter when it reviews and approves the compensation and employee benefits provided to the CMB's senior management. The Committee's review analyzes every element of compensation, including current and deferred compensation, and benefits, including qualified and non-qualified benefits. The Committee conducts its review and approval process at least annually, and approves compensation and benefits only to the extent that the Committee has concluded that the compensation and benefits constitute no more than reasonable compensation for each executive. The Committee consists entirely of disinterested members of the Board, and the Committee works with an independent compensation consultant to prepare and review in advance comprehensive data showing the compensation provided by similarly situated organizations for functionally similar positions. The Committee also prepares a timely and thorough written record of its deliberations and conclusions. As a result, the Committee's review process is designed to satisfy the procedural criteria necessary to qualify for the rebuttable presumption of reasonableness under the federal income tax law intermediate sanctions rules. The resources utilized by the compensation Committee include: 1) independent compensation consultant; 2) written employment contract; 3) compensation survey or study; 4) approval by the board or compensation committee. |
| Form 990, Part VI, Section C, line 18 | A copy of the organization's Form 990 and Form 990-T are available upon request by contacting 773-989-1610. |
| Form 990, Part VI, Section C, line 19 | The governing documents, conflict of interest policy and financial statements are available upon request by contacting 773-989-1610. |
| Form 990 - Part VII - Section A Column B | Officers and Directors devote approximately 1 hour per week to related organizations except for those individuals that are employees of these related organizations; those individuals devote approximately 40 hours to the organizations at which they are employed. |
| Form 990, Part XI, line 9: | Change in Temporarily Restricted Net Assets not included on Income Stmnt 37,659. Change in Unrestricted Net Assets not included on Income Stmnt -1,549,467. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Evangelical Covenant Church | |||||||||||
| 8303 West Higgins Road | Chicago | IL | 60631 | 362167730 | Church | IL | 501(c)(3) | Line 1 | N/A | Yes (1) | |
| Swedish Covenant Faculty Group (SCFG) | |||||||||||
| 5145 North California Avenue | Chicago | IL | 60625 | 363686216 | Patient Treatment/Education | IL | 501(c)(3) | Line 11a, I | 0 | Swedish Covenant Hospital | |
| Swedish Covenant Hospital | |||||||||||
| 5145 North California Avenue | Chicago | IL | 60625 | 362179813 | Hospital | IL | 501(c)(3) | Line 3 | Yes (1) | Covenant Ministries of Benevolence | |
| Swedish Covenant Hospital Foundation (SCHF) | |||||||||||
| 5145 North California Avenue | Chicago | IL | 60625 | 205055155 | Support of Swedish Covenant Hospital | IL | 501(c)(3) | Line 7 | 0 | Swedish Covenant Hospital | |
| SC Insurance Company | |||||||||||
| 6970 E Chauncey Lane Suite 100 | Phoenix | AZ | 85054 | 273312053 | Insurance | AZ | 501(c)(3) | Line 11a, I | 0 | Swedish Covenant Hospital | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Covenant Village of Portland LP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 NE Mason St | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97211 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364356838 | EIN |
| Primary Activities | Assisted Living Community | PrimaryActivitiesTxt |
| Legal Domicile State | OR | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Predominant Income Type | N/A | PredominantIncomeTypeTxt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | 0 | GeneralOrManagingPartnerInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Covenant International Insurance Company Ltd | |||||||||||||||
| Crawford House 50 Cedar Avenue | Hamilton | BD | Insurance | BD | Covenant Ministries of Benevolence | C | 0.50000 | 0 | |||||||
| Covenant Trust Company | |||||||||||||||
| Financial Services | C | 0 | 8303 West Higgins Road 6th Floor | Chicago | IL | 60631 | 363583163 | IL | N/A | ||||||
| Swedish Covenant Management Services Inc (SCMS) | |||||||||||||||
| Physician Practice Management | C | 0 | 5145 North California Avenue | Chicago | IL | 60625 | 364073303 | IL | N/A | ||||||
| Swedish Covenant Managed Care Alliance (SCMCA) | |||||||||||||||
| Physician - Hospital Organization | C | 0 | 2740 West Foster Avenue Suite 409 | Chicago | IL | 60625 | 364118659 | IL | N/A | ||||||
| St Francis Health Care Ltd | |||||||||||||||
| Independent Group of Physicians | C | 0 | 2740 West Foster Avenue Suite 002 | Chicago | IL | 60625 | 363208131 | IL | N/A | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (19 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| Adelbrook Inc | |
| L | $100,000 |
| Adelbrook Inc | |
| Q | $60,000 |
| Brandel Manor | |
| L | $300,000 |
| Covenant Children's Home and Family Services | |
| R | $332,810 |
| Covenant Enabling Residences of Illinois | |
| Q | $1,459,794 |
| Covenant Enabling Residences of Minnesota | |
| Q | $200,205 |
| Covenant Enabling Residences of Michigan | |
| Q | $392,959 |
| Covenant Retirement Communities Inc | |
| L | $2,200,000 |
| Covenant Retirement Communities Inc | |
| M | $73,890 |
| Covenant Retirement Communities Inc | |
| Q | $99,155 |
| Covenant Retirement Communities Inc | |
| R | $12,336,882 |
| Covenant Trust Company | |
| S | $170,106 |
| EMC Health Inc | |
| L | $310,328 |
| EMC Health Inc | |
| Q | $788,615 |
| Evangelical Covenant Church | |
| M | $1,467,956 |
| Swedish Covenant Foundation | |
| B | $100,000 |
| Swedish Covenant Hospital | |
| L | $2,391,221 |
| Swedish Covenant Hospital | |
| Q | $1,358,831 |
| Swedish Covenant Hospital | |
| R | $317,687 |
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