Form 990 for tax year 2024
Filed by COVENANT INITIATIVES FOR CARE INC.
What the amendment changed
Compared with the return it replaced , filed 8 August 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $558,503 changed to $940,139
- Total expenses
- $305,620 changed to $512,876
- Program service revenue
- $474,000 changed to $795,000
- Investment income
- $45,931 changed to $98,930
- Other revenue
- $38,572 changed to $46,209
- Total assets, end of year
- $5,756,433 changed to $6,729,472
- Net assets or fund balances, end of year
- $5,756,433 changed to $6,729,472
- Program services expenses
- $251,453 changed to $416,036
- Management and general expenses
- $54,167 changed to $96,840
- Program service expenses (Part III)
- $251,453 changed to $416,036
Listed only on the earlier return
- Todd SlechtaTODD SLECHTA
Listed only on the later return
- Todd SletchaTODD SLETCHA
Totals
- Total revenue
- $940,139
- Total expenses
- $512,876
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $795,000
- Investment income
- $98,930
- Other revenue
- $46,209
- Total assets, end of year
- $6,729,472
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $6,729,472
- Program services expenses (Part IX)
- $416,036
- Management and general expenses
- $96,840
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $416,036
Program services were 81.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MANAGEMENT FEES
total $330,000 · related or exempt $330,000
-
2b · Program service revenue: RENT FROM AFFLIATE
total $465,000 · related or exempt $465,000
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $106,005 · excluded $106,005
-
6a · Gross rents
real property $29,600
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $29,600 · personal property $0
-
6d · Net rental income or loss
total $29,600 · excluded $29,600
-
7b · Less cost or other basis and sales expenses
securities $7,075
-
7c · Gain or loss
securities -$7,075 · other assets $0
-
7d · Net gain or loss
total -$7,075 · excluded -$7,075
-
11a · Other revenue: INSURANCE RECOVERIES
total $16,609 · excluded $16,609
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$16,609
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $183,133 · program services $183,133
-
8 · Pension plan contributions
total $6,070 · program services $6,070
-
9 · Other employee benefits
total $30,808 · program services $30,808
-
10 · Payroll taxes
total $15,039 · program services $15,039
-
11b · Fees: legal
total $15,320 · management and general $15,320
-
11f · Fees: investment management
total $13,920 · management and general $13,920
-
11g · Fees: other
total $73,730 · program services $73,730 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $1,751 · management and general $1,751
-
13 · Office expenses
total $7,164 · program services $7,164
-
14 · Information technology
total $14,187 · management and general $14,187
-
17 · Travel
total $43,455 · management and general $43,455
-
19 · Conferences, conventions and meetings
total $8,207 · management and general $8,207
-
22 · Depreciation, depletion and amortization
total $88,320 · program services $88,320
-
23 · Insurance
total $11,772 · program services $11,772
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $75,000 · end of year $12,711
-
4 · Accounts receivable
beginning of year $0 · end of year $129,800
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$3,726,355
-
10b · Land, buildings and equipment: accumulated depreciation
$965,571
-
10c · Land, buildings and equipment, net
beginning of year $2,513,005 · end of year $2,760,784
-
11 · Investments: publicly traded securities
beginning of year $2,905,668 · end of year $3,628,684
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $262,760 · end of year $197,493
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $5,756,433 · end of year $6,729,472
Mission and programs · 2024
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.
Activities or mission (Part I)
TO SUPPORT ORGANIZATIONS SERVING THE SICK, DISABLED, AGING, POOR AND VULNERABLE.
-
CIC PROVIDES OVERARCHING GOVERNANCE, MARKETING AND SOME ADMINISTRATION FOR CIC MINISTRIES AS FOLLOWS: 1. COVENANT ABILITY NETWORK "CAN" (FORMERLY COVENANT ENABLING RESIDENCES) PROMOTES A FULFILLING LIFESTYLE FOR DEVELOPMENTALLY DISABLED ADULTS. ENABLING AN ENHANCED QUALITY OF LIFE WHETHER THAT IS LIVING INDEPENDENTLY, BEING GAINFULLY EMPLOYED OR MAKING A MEANINGFUL CONTRIBUTION TO SOCIETY - IS THE HEART OF THEIR MISSION. CAN OPERATES IN 3 STATES: ILLINOIS, MICHIGAN AND MINNESOTA. 2. COVENANT CHILDREN'S MINISTRIES "CCM" ROLE IS A GRANT MAKING AGENCY PRIMARILY TO COVENANT CHURCH RELATED PROGRAMS FOR AT-RISK YOUTH.
Expenses $416,036 · Revenue $795,000
As filed on the 2024 return.
Listed in Part VII
-
Donna EricksonDONNA ERICKSON
DIRECTOR/SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
-
Kathy BuettnerKATHY BUETTNER
DIRECTOR/VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.1 + 2.2 related
-
Phil NewPHIL NEW
DIRECTOR/CHAIR
- Total calculated
- $0
- Hours/week
- 0.1
-
Todd SletchaTODD SLETCHA
EX-OFFICIO/PRESIDENT OF CMB & CIC
- Total calculated
- $391,690
- From this org
- $0
- From related orgs
- $323,746
- Other
- $67,944
- Hours/week
- 0.1 + 42.3 related
Schedule J breakdown matched by us
- Base
- $0 + $277,415 related
- Bonus
- $0
- Other
- $0 + $46,331 related
- Deferred
- $0 + $35,568 related
- Nontaxable benefits
- $0 + $32,376 related
- Filer's total
- $0 + $391,690 related
-
Anker ChristensenANKER CHRISTENSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Barbara PersonBARBARA PERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Don OlsonDON OLSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Harold SpoonerHAROLD SPOONER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Lee CormierLEE CORMIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Mark StrombergMARK STROMBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Mary PalmerMARY PALMER
DIRECTOR/EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.1 + 2.3 related
-
Renelle NelsonRENELLE NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Rick FiskRICK FISK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Wilf BrockWILF BROCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Scott HansonSCOTT HANSON
SVP OF FINANCE/EX-OFFICIO
- Total calculated
- $265,499
- From this org
- $0
- From related orgs
- $229,382
- Other
- $36,117
- Hours/week
- 0.1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $165,386 related
- Bonus
- $0 + $27,850 related
- Other
- $0 + $36,146 related
- Deferred
- $0 + $20,762 related
- Nontaxable benefits
- $0 + $15,355 related
- Filer's total
- $0 + $265,499 related
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, and on a Form 990-PF Part VIII's — 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
- 4b · Supplemental nonqualified retirement plan
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
- EXECUTIVE BENEFIT PLAN COVENANT MINISTRIES OF BENEVOLENCE (CMB), A RELATED ORGANIZATION, 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 TODD SLECHTA IN 2024, THESE INDIVIDUALS VESTED IN THE PLAN IN THE FOLLOWING AMOUNTS: TODD SLECHTA - $13,018 SCOTT HANSON - $19,474
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
No itemized grants to organizations 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.
-
501(C)(3) · CHURCH · IL
Directly controlled by NA
-
COVENANT MINISTRIES OF BENEVOLENCE
501(C)(3) · CHURCH AFFILIATE · IL · controlled entity
Directly controlled by EVANGELICAL COVENANT CHURCH
-
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
-
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
-
501(C)(3) · ASSISTED LIVING FACILITY · IL · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES
-
501(C)(3) · HOME HEALTH SERVICES · IL · controlled entity
Directly controlled by COVENANT LIVING SERVICES
-
501(C)(3) · MANAGEMENT/SUPPORT SERVICES · IL · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES
-
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
-
501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · CA · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES
-
501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · IL · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES
-
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
-
501(C)(3) · RENTAL SENIOR HOUSING · IL · controlled entity
Directly controlled by COVENANT LIVING SERVICES
-
501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · IL · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES
-
501(C)(3) · FOUNDATION · IL · controlled entity
Directly controlled by COVENANT LIVING SERVICES
-
501(C)(3) · RETIREMENT LIVING COMMUNITY · IL · controlled entity
Directly controlled by THREE CROWNS FOUNDATION
-
501(C)(3) · RETIREMENT LIVING COMMUNITY · IL · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES
-
501(C)(3) · FUNDRAISING · FL · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES
-
COVENANT LIVING AT SHANNONDALE
501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · TN · controlled entity
Directly controlled by COVENANT LIVING SERVICES
-
501(C)(3) · MANAGEMENT/SUPPORT SERVICES · CA · controlled entity
Directly controlled by COVENANT MINISTRIES OF BENEVOLENCE
-
501(C)(3) · CONTINUING CARE RETIREMENT COMMUNITY · FL · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND SERVICES
-
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
-
501(C)(3) · CAPTIVE INSURANCE · VT · controlled entity
Directly controlled by COVENANT LIVING COMMUNITIES AND 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
-
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
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
RENTAL DEVELOPMENTAL DISABILITIES HOUSING · MN · income $610,139 · assets $6,510,441
Directly controlled by COVENANT INITIATIVE FOR CARE INC
-
NORTHERN LAKES HOLDINGS TWO LLC
HOLDING COMPANY · MN · income $0 · assets $0
Directly controlled by COVENANT INITIATIVE FOR CARE INC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
COVENANT TRUST COMPANY
C CORPORATION · FINANCIAL SERVICES · IL
Directly controlled by NA
-
COVENANT INTERNATIONAL INSURANCE COMPANY LTD
C CORPORATION · INSURANCE · BD
Directly controlled by NA
-
COVENANT LIVING HOLDINGS THREE INC
C CORPORATION · CONSULTING SERVICES · IL
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 August 2026
- IRS schema version
- 2024v5.1
- Source object
- 202622259349302762
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