Skip to content
Nonprofiteer
← COVENANT ENABLING RESIDENCES OF MICHIGAN INC

Form 990 for tax year 2024

Filed by COVENANT ENABLING RESIDENCES OF MICHIGAN INC.

Totals

Total revenue
$1,363,661
Total expenses
$1,325,494
Contributions and grants received
$318,334
Grants paid
$0
Program service revenue
$904,125
Investment income
$83,854
Other revenue
$57,348
Total assets, end of year
$1,947,487
Total liabilities, end of year
$542,649
Net assets or fund balances, end of year
$1,404,838
Program services expenses (Part IX)
$1,160,203
Management and general expenses
$165,291
Fundraising expenses
$0
Program service expenses (Part III)
$1,160,203

Program services were 87.5% 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.

  • 1e · Government grants (contributions)

    $199,114

  • 1f · All other contributions, gifts and grants

    $119,220

  • 2a · Program service revenue: Waiver Revenue

    total $569,972 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Room & Board

    total $329,145 · unrelated business $0 · excluded $0

  • 2c · Program service revenue: Camp & Activities

    total $5,008 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $83,854 · unrelated business $0 · excluded $83,854

  • 8a · Fundraising events: gross income

    $122,095

  • 8b · Fundraising events: direct expenses

    $64,747

  • 8c · Net income from fundraising events

    total $57,348 · unrelated business $0 · excluded $57,348

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $731,779 · program services $620,307 · management and general $111,472 · fundraising $0

  • 8 · Pension plan contributions

    total $77,274 · program services $66,952 · management and general $10,322 · fundraising $0

  • 10 · Payroll taxes

    total $61,139 · program services $52,735 · management and general $8,404 · fundraising $0

  • 11c · Fees: accounting

    total $27,327 · program services $0 · management and general $27,327 · fundraising $0

  • 12 · Advertising and promotion

    total $2,484 · program services $1,620 · management and general $864 · fundraising $0

  • 13 · Office expenses

    total $2,682 · program services $1,330 · management and general $1,352 · fundraising $0

  • 16 · Occupancy

    total $5,552 · program services $5,552 · management and general $0 · fundraising $0

  • 17 · Travel

    total $1,105 · program services $187 · management and general $918 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $2,280 · program services $2,032 · management and general $248 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $54,167 · program services $54,167 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $26,328 · program services $26,328 · management and general $0 · fundraising $0

  • 24a · Other expenses: Program Expenses

    total $30,842 · program services $30,842 · management and general $0 · fundraising $0

  • 24b · Other expenses: Furnishings and Equipment

    total $3,848 · program services $2,548 · management and general $1,300 · fundraising $0

  • 24c · Other expenses: Maintenance and Repairs

    total $33,195 · program services $33,195 · management and general $0 · fundraising $0

  • 24d · Other expenses: Utilities

    total $27,065 · program services $27,065 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $238,427 · program services $235,343 · management and general $3,084 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $92,285 · end of year $217,801

  • 2 · Savings and temporary cash investments

    beginning of year $164,334 · end of year $224,892

  • 4 · Accounts receivable

    beginning of year $83,023 · end of year $74,442

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,656 · end of year $4,596

  • 10a · Land, buildings and equipment: cost or other basis

    $2,203,456

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,045,374

  • 10c · Land, buildings and equipment, net

    beginning of year $1,212,249 · end of year $1,158,082

  • 15 · Other assets

    beginning of year $0 · end of year $267,674

  • 17 · Accounts payable and accrued expenses

    beginning of year $151,226 · end of year $263,607

  • 19 · Deferred revenue

    beginning of year $9,572 · end of year $10,096

  • 25 · Other liabilities

    beginning of year $34,078 · end of year $268,946

  • 27 · Net assets without donor restrictions

    beginning of year $1,316,671 · end of year $1,354,838

  • 28 · Net assets with donor restrictions

    beginning of year $50,000 · end of year $50,000

Mission and programs · 2024

Mission

Extending dignity to every individual by optimizing independence and encouraging health and hope through community.

  • Provide high-quality living opportunities for adults.

    Expenses $1,160,203

As filed on the 2024 return.

Listed in Part VII

  • David Boggs

    Assisstant Secretary

    Total calculated
    $170,242
    From this org
    $0
    From related orgs
    $139,232
    Other
    $31,010
    Hours/week
    40

  • Tracy Christenson

    Controller

    Total calculated
    $134,361
    From this org
    $0
    From related orgs
    $115,798
    Other
    $18,563
    Hours/week
    40

  • Ricky Larman

    Executive Director

    Total calculated
    $62,573
    From this org
    $62,573
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202513179349304956

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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