Skip to content
Nonprofiteer
← COVENANT MINISTRIES OF BENEVOLENCE

Form 990 for tax year 2024

Filed by COVENANT MINISTRIES OF BENEVOLENCE.

Totals

Total revenue
$13,658,596
Total expenses
$4,196,264
Contributions and grants received
$270,379
Grants paid
$281,834
Program services expenses (Part IX)
$2,752,456
Management and general expenses
$1,443,808
Fundraising expenses
$0
Program service expenses (Part III)
$2,752,456

Program services were 65.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ARTHUR B DEROOY

    DIRECTOR/VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.1
  • CURT ANDERSON

    DIRECTOR/CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related
  • KECIA STROOT

    DIRECTOR/SECRETARY

    Total calculated
    $0
    Hours/week
    0.1
  • SCOTT HANSON

    SVP OF FINANCE/ASSISTANT TREASURER

    Total calculated
    $265,499
    From this org
    $229,382
    From related orgs
    $0
    Other
    $36,117
    Hours/week
    40 + 0.1 related

    Schedule J breakdown matched by us

    Base
    $165,386
    Bonus
    $27,850
    Other
    $36,146
    Deferred
    $20,762
    Nontaxable benefits
    $15,355
    Filer's total
    $265,499
  • TAMMY SWANSON-DRAHEIM

    DIRECTOR/EX-OFFICIO/ECC PRES

    Total calculated
    $251,703
    From this org
    $0
    From related orgs
    $145,412
    Other
    $106,291
    Hours/week
    0.1 + 42.2 related

    Schedule J breakdown matched by us

    Base
    $0 + $114,912 related
    Bonus
    $0
    Other
    $0 + $30,500 related
    Deferred
    $0 + $28,291 related
    Nontaxable benefits
    $0 + $78,000 related
    Filer's total
    $0 + $251,703 related
  • TODD SLETCHA

    EX-OFFICIO/PRESIDENT OF CMB & CIC

    Total calculated
    $391,690
    From this org
    $323,746
    From related orgs
    $0
    Other
    $67,944
    Hours/week
    40 + 2.4 related

    Schedule J breakdown matched by us

    Base
    $277,415
    Bonus
    $0
    Other
    $46,331
    Deferred
    $35,568
    Nontaxable benefits
    $32,376
    Filer's total
    $391,690
  • TRAVIS NORDSTROM

    DIRECTOR/TREASURER

    Total calculated
    $0
    Hours/week
    0.1
  • BEN MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • BILL CLARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • CYNDI HOFFMAN

    DIRECTOR/EX-OFFICIO

    Total calculated
    $112,724
    From this org
    $0
    From related orgs
    $104,786
    Other
    $7,938
    Hours/week
    0.1 + 40 related
  • DARRYL JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • GREG YEE

    DIRECTOR/EX-OFFICIO - PART YEAR

    Total calculated
    $0
    Hours/week
    0.1
  • HILARY APPLEQUIST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • HOWARD BURGOYNE

    DIRECTOR/EX-OFFICIO

    Total calculated
    $0
    Hours/week
    0.1
  • KIMBERLY WRIGHT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • MARY PALMER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.3 related
  • SEMMEAL THOMAS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • SUSAN C POSTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • TIFFINE WATTS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1
  • TRACY HILTS

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    0.1
  • WILL DAVIDSON

    DIRECTOR/EX-OFFICIO

    Total calculated
    $0
    Hours/week
    0.1
  • KATIE PAGANI

    ASSISTANT SECRETARY

    Total calculated
    $88,660
    From this org
    $85,681
    From related orgs
    $0
    Other
    $2,979
    Hours/week
    40
  • LINDA STUHMER

    ASSISTANT SECRETARY, SVP AND GENERAL COUNSEL

    Total calculated
    $478,952
    From this org
    $0
    From related orgs
    $409,008
    Other
    $69,944
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $275,133 related
    Bonus
    $0 + $33,154 related
    Other
    $0 + $100,721 related
    Deferred
    $0 + $10,350 related
    Nontaxable benefits
    $0 + $59,594 related
    Filer's total
    $0 + $478,952 related
  • MARIT JOHNSON AWES

    ASSISTANT SECRETARY

    Total calculated
    $149,613
    From this org
    $115,889
    From related orgs
    $0
    Other
    $33,724
    Hours/week
    40
  • DANA NORTON

    CAMPUS EXECUTIVE DIRECTOR

    Total calculated
    $122,802
    From this org
    $120,716
    From related orgs
    $0
    Other
    $2,086
    Hours/week
    40
  • DAVID BOGGS

    EXECUTIVE DIRECTOR

    Total calculated
    $158,333
    From this org
    $139,233
    From related orgs
    $0
    Other
    $19,100
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $101,757
    Bonus
    $12,319
    Other
    $25,157
    Deferred
    $4,327
    Nontaxable benefits
    $14,773
    Filer's total
    $158,333
  • RON ANDERSON

    ACCOUNTING MANAGER

    Total calculated
    $157,996
    From this org
    $136,343
    From related orgs
    $0
    Other
    $21,653
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $103,931
    Bonus
    $12,960
    Other
    $19,452
    Deferred
    $4,323
    Nontaxable benefits
    $17,330
    Filer's total
    $157,996

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION
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.
SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
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. THE FOLLOWING ARE PARTICIPANTS IN THE PLAN: SCOTT HANSON LINDA STUHMER TODD SLECHTA IN 2024, THESE INDIVIDUALS VESTED IN THE PLAN IN THE FOLLOWING AMOUNTS: TODD SLECHTA - $13,018 SCOTT HANSON - $19,474
SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS
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.
SCHEDULE J, PART II, COLUMN (B)(II)
BONUS AND INCENTIVE COMPENSATION - CERTAIN KEY PERSONS EMPLOYED BY CMB ARE ELIGIBLE FOR INCENTIVE COMPENSATION AS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE. INCENTIVES RELATED TO ACHIEVEMENT OF TARGETS FOR THE TWELVE MONTHS ENDED 9/30/24 WERE PAID OUT IN 2024.
SCHEDULE J, PART II, COLUMN (D)
NONTAXABLE BENEFITS INCLUDE HEALTH INSURANCE PREMIUMS PAID BY THE EMPLOYER AND EMPLOYEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • EVANGELICAL COVENANT CHURCH

    501(C)(3) · CHURCH · IL

    Directly controlled by NA

  • COVENANT LIVING COMMUNITIES AND SERVICES

    501(C)(3) · MANAGEMENT/SUPPORT SERVICES · IL · controlled entity

    Directly controlled by COVENANT MINISTRIES OF BENEVOLENCE

  • COVENANT LIVING OF GOLDEN VALLEY

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · MN · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT HEALTH CARE CENTER INC

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT HOME

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING OF CROMWELL INC

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · CT · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT HOME OF CHICAGO

    501(C)(3) · ASSISTED LIVING FACILITY · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT HOME SERVICES

    501(C)(3) · HOME HEALTH SERVICES · IL · controlled entity

    Directly controlled by COVENANT LIVING SERVICES

  • COVENANT HOUSING CORPORATION

    501(C)(3) · MANAGEMENT/SUPPORT SERVICES · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING OF BIXBY INC

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · IL · controlled entity

    Directly controlled by COVENANT LIVING SERVICES

  • COVENANT LIVING OF THE GREAT LAKES

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · MI · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING WEST

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · CA · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING SERVICES

    501(C)(3) · MANAGEMENT/SUPPORT SERVICES · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING OF COLORADO

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · CO · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING OF FLORIDA INC

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · FL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING AT THE HOLMSTAD

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING AT WINDSOR PARK

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT LIVING OF GENEVA

    501(C)(3) · RENTAL SENIOR HOUSING · IL · controlled entity

    Directly controlled by COVENANT LIVING SERVICES

  • TULSA HILLS COMMUNITY INC

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • EMC HEALTH INC

    501(C)(3) · MANAGEMENT/SUPPORT SERVICES · CA · controlled entity

    Directly controlled by COVENANT MINISTRIES OF BENEVOLENCE

  • COVENANT CARE CENTER

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · FL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT PALMS OF MIAMI

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · FL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT RETIREMENT COMMUNITIES OF MINNESOTA INC

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · MN · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • CRC FOUNDATION

    501(C)(3) · FUNDRAISING · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • THREE CROWNS FOUNDATION

    501(C)(3) · FOUNDATION · IL · controlled entity

    Directly controlled by COVENANT LIVING SERVICES

  • THREE CROWNS PARK

    501(C)(3) · RETIREMENT LIVING COMMUNITY · IL · controlled entity

    Directly controlled by THREE CROWNS FOUNDATION

  • COVENANT LIVING OF KEENE

    501(C)(3) · RETIREMENT LIVING COMMUNITY · IL · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

  • COVENANT INITIATIVES FOR CARE INC

    501(C)(3) · MANAGEMENT/SUPPORT SERVICES · IL · controlled entity

    Directly controlled by COVENANT MINISTRIES OF BENEVOLENCE

  • COVENANT LIVING AT SHANNONDALE

    501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · TN · controlled entity

    Directly controlled by COVENANT LIVING SERVICES

  • COVENANT ENABLING RESIDENCES OF ILLINOIS INC

    501(C)(3) · HOMES FOR INTELLECTUAL AND DEVELOPMENTALLY DISABLED ADULTS · IL · controlled entity

    Directly controlled by COVENANT INITIATIVES FOR CARE

  • COVENANT ENABLING RESIDENCES OF MICHIGAN INC

    501(C)(3) · HOMES FOR INTELLECTUAL AND DEVELOPMENTALLY DISABLED ADULTS · MI · controlled entity

    Directly controlled by COVENANT INITIATIVES FOR CARE

  • COVENANT ENABLING RESIDENCES OF MINNESOTA INC

    501(C)(3) · HOMES FOR INTELLECTUAL AND DEVELOPMENTALLY DISABLED ADULTS · MN · controlled entity

    Directly controlled by COVENANT INITIATIVES FOR CARE

  • COVENANT ENABLING RESIDENCES OF FLORIDA INC

    501(C)(3) · HOMES FOR INTELLECTUAL AND DEVELOPMENTALLY DISABLED ADULTS · IL · controlled entity

    Directly controlled by COVENANT INITIATIVES FOR CARE

  • ADELBROOK INC

    501(C)(3) · BEHAVIORIAL AND DEVELOPMENT SERVICES FOR CHILDREN AND YOUNG ADULTS · CT · controlled entity

    Directly controlled by COVENANT INITIATIVES FOR CARE

  • COVENANT CHILDREN'S HOME AND FAMILY SERVICES

    501(C)(3) · FACILITATES VARIOUS GRANT AND SCHOLARSHIP PROGRAMS FOR STUDENTS · IL · controlled entity

    Directly controlled by COVENANT INITIATIVES FOR CARE

  • MISSION CARE COMMUNITIES INC

    501(C)(3) · CAPTIVE INSURANCE · VT · controlled entity

    Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.1
Source object
202612249349301341

The source document this was parsed from is served over the API, which is where bulk and document access live.