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Nonprofiteer
← COVENANT LIVING OF GENEVA

Form 990 for tax year 2024

Filed by COVENANT LIVING OF GENEVA.

Totals

Total revenue
$1,638,649
Total expenses
$1,211,697
Contributions and grants received
$425
Grants paid
$0
Program service revenue
$1,673,315
Investment income
-$46,793
Other revenue
$11,702
Total assets, end of year
$6,453,319
Total liabilities, end of year
$7,397,176
Net assets or fund balances, end of year
-$943,857
Program services expenses (Part IX)
$653,578
Management and general expenses
$558,119
Fundraising expenses
$0
Program service expenses (Part III)
$653,578

Program services were 53.9% 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.

  • 1f · All other contributions, gifts and grants

    $425

  • 2a · Program service revenue: ROUTINE SERVICE

    total $1,673,315 · related or exempt $1,673,315

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    other assets $0

  • 7b · Less cost or other basis and sales expenses

    other assets $46,793

  • 7c · Gain or loss

    securities $0 · other assets -$46,793

  • 7d · Net gain or loss

    total -$46,793 · excluded -$46,793

  • 11a · Other revenue: SUPPORT SERVICES

    total $11,702 · related or exempt $11,702

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $11,702

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $161,294 · program services $56,405 · management and general $104,889

  • 8 · Pension plan contributions

    total $3,815 · program services $1,700 · management and general $2,115

  • 9 · Other employee benefits

    total $47,171 · program services $14,773 · management and general $32,398

  • 10 · Payroll taxes

    total $10,675 · program services $3,752 · management and general $6,923

  • 11a · Fees: management

    total $49,246 · management and general $49,246

  • 11b · Fees: legal

    total $495 · management and general $495

  • 11c · Fees: accounting

    total $577 · management and general $577

  • 11g · Fees: other

    total $94,277 · program services $90,073 · management and general $4,204 · fundraising $0

  • 12 · Advertising and promotion

    total $1,411 · management and general $1,411

  • 13 · Office expenses

    total $23,237 · program services $19,400 · management and general $3,837

  • 16 · Occupancy

    total $239,648 · program services $102,646 · management and general $137,002

  • 20 · Interest

    total $181,383 · program services $97,836 · management and general $83,547

  • 22 · Depreciation, depletion and amortization

    total $281,859 · program services $152,032 · management and general $129,827

  • 23 · Insurance

    total $41,197 · program services $41,197

  • 24a · Other expenses: MAINTENANCE FOR RESIDENTS

    total $42,755 · program services $42,755

  • 24b · Other expenses: DINING SERVICES

    total $16,238 · program services $16,238

  • 24c · Other expenses: LICENSES AND PERMITS

    total $353 · management and general $353

  • 24d · Other expenses: TALENT ACQUISITION

    total $269 · management and general $269

  • 24e · All other expenses

    total $15,797 · program services $14,771 · management and general $1,026 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $99,753 · end of year $100,327

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,626 · end of year $400

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

    $9,513,830

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

    $3,161,238

  • 10c · Land, buildings and equipment, net

    beginning of year $5,629,952 · end of year $6,352,592

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $37,264 · end of year $40,979

  • 20 · Tax-exempt bond liabilities

    beginning of year -$2,665

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $4,381,000 · end of year $4,671,206

  • 25 · Other liabilities

    beginning of year $2,566,223 · end of year $2,684,991

  • 27 · Net assets without donor restrictions

    beginning of year -$1,250,491 · end of year -$943,857

Mission and programs · 2024

Mission

AS A MINISTRY OF THE EVANGELICAL COVENANT CHURCH, COVENANT LIVING OF GENEVA CELEBRATES GOD'S GIFT OF LIFE IN CHRISTIAN COMMUNITY. WE FOLLOW THE GREAT COMMANDMENT TO LOVE AND SERVE GOD AND ONE ANOTHER AS TAUGHT BY JESUS CHRIST. THAT COMPELS US TO AFFIRM THE DIGNITY OF EACH PERSON AND TO PURSUE EXCELLENCE AND FINANCIAL INTEGRITY IN ALL THAT WE DO. AS WE PROVIDE A BROAD RANGE OF RESOURCES, SERVICES AND PROGRAMS TO ENHANCE INDIVIDUAL AND COMMUNITY WELLNESS, WE COLLABORATE WITH RESIDENTS AND FAMILIES TO ACHIEVE THE BEST POSSIBLE RESULTS. WHILE SEEKING TO FOSTER INDEPENDENCE, WE RESPOND TO EACH INDIVIDUAL'S EVOLVING NEEDS IN ORDER TO PROVIDE THE SECURITY THAT ASSURES PEACE OF MIND. IN LIVING OUT THE MISSION, THE COMMUNITY PROVIDES RESIDENTIAL LIVING. SUCH SERVICES ARE GUIDED BY A SERIES OF VALUES AND GOALS ADDRESSING RESIDENT NEEDS, PRIVACY, SAFETY AND DIGNITY, INCLUDING APPROPRIATE ACCESS TO SERVICES.

Activities or mission (Part I)

CARE FOR SENIOR ADULTS.

  • GENEVA PLACE: THE NUMBER OF PERSONS WHO BENEFITED FROM THE SERVICES WE PROVIDED FOR THE YEAR ENDED SEPTEMBER 30, 2025 WERE AS FOLLOWS: THERE WERE A TOTAL OF 58 RESIDENTS OCCUPYING 50 APARTMENTS AT 9/30/2025. RESIDENCY FOR THE FISCAL YEAR TOTALED 18,833 RESIDENT DAYS.

    Expenses $653,578 · Revenue $1,685,017

As filed on the 2024 return.

Listed in Part VII

  • DAVID G ERICKSON

    DIRECTOR/EX-OFFICIO/CHIEF EXECUTIVE OFFICER

    Total calculated
    $810,861
    From this org
    $0
    From related orgs
    $661,650
    Other
    $149,211
    Hours/week
    1 + 61 related

    Schedule J breakdown matched by us

    Base
    $0 + $459,033 related
    Bonus
    $0 + $96,942 related
    Other
    $0 + $105,675 related
    Deferred
    $0 + $98,100 related
    Nontaxable benefits
    $0 + $51,111 related
    Filer's total
    $0 + $810,861 related

  • JANET CREANEY

    DIRECTOR/CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related

  • JANET GOELZ HOFFMAN

    DIRECTOR/VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related

  • JENNIFER MEANS

    DIRECTOR/SECRETARY

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • AL LOPUS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • ALLAN ANDERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • ANDREW VANOVER

    DIRECTOR - PART YEAR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • CRAIG SWANSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • CURT ANDERSON

    DIRECTOR/EX-OFFICIO

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related

  • JOHN FREDRICKSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • KATHY BUETTNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related

  • KURT KINCANON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • LORENE FLEWELLEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.2 related

  • MARY PALMER

    DIRECTOR/EX-OFFICIO - PART YEAR

    Total calculated
    $0
    Hours/week
    0.1 + 2.3 related

  • MATHEW MANLOVE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • PAMELA CHRISTENSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • RICK SHEPARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • ROBERT MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • SARAH BENTLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related

  • 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

    DIRECTOR/EX-OFFICIO/CMB PRESIDENT

    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

  • CORY KALLHEIM

    GENERAL COUNSEL/ASSISTANT SECRETARY

    Total calculated
    $408,753
    From this org
    $0
    From related orgs
    $327,540
    Other
    $81,213
    Hours/week
    1 + 61 related

    Schedule J breakdown matched by us

    Base
    $0 + $255,110 related
    Bonus
    $0 + $48,075 related
    Other
    $0 + $24,355 related
    Deferred
    $0 + $37,044 related
    Nontaxable benefits
    $0 + $44,169 related
    Filer's total
    $0 + $408,753 related

  • EMILY WARNYGORA

    CHIEF OF STAFF/ASST. SECRETARY

    Total calculated
    $115,211
    From this org
    $0
    From related orgs
    $101,477
    Other
    $13,734
    Hours/week
    1 + 61 related

  • JEAN E JUSTIE

    CHIEF FINANCIAL OFFICER/TREASURER/ASSISTANT SEC

    Total calculated
    $693,761
    From this org
    $0
    From related orgs
    $585,593
    Other
    $108,168
    Hours/week
    1 + 61 related

    Schedule J breakdown matched by us

    Base
    $0 + $342,178 related
    Bonus
    $0 + $150,383 related
    Other
    $0 + $93,032 related
    Deferred
    $0 + $54,841 related
    Nontaxable benefits
    $0 + $53,327 related
    Filer's total
    $0 + $693,761 related

  • HILDE SAGER

    ASSOCIATE VICE PRESIDENT, OPERATIONS

    Total calculated
    $448,761
    From this org
    $0
    From related orgs
    $406,513
    Other
    $42,248
    Hours/week
    1 + 47 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,297 related
    Bonus
    $0 + $71,102 related
    Other
    $0 + $133,114 related
    Deferred
    $0 + $9,848 related
    Nontaxable benefits
    $0 + $32,400 related
    Filer's total
    $0 + $448,761 related

  • JULIO MACIAS

    EXECUTIVE DIRECTOR

    Total calculated
    $275,846
    From this org
    $0
    From related orgs
    $238,010
    Other
    $37,836
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $158,990 related
    Bonus
    $0 + $37,858 related
    Other
    $0 + $41,162 related
    Deferred
    $0 + $23,062 related
    Nontaxable benefits
    $0 + $14,774 related
    Filer's total
    $0 + $275,846 related

  • ROBERTA NEVERS

    INTERIM CHIEF HUMAN RESOURCES OFFICER

    Total calculated
    $352,125
    From this org
    $0
    From related orgs
    $288,527
    Other
    $63,598
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $184,300 related
    Bonus
    $0 + $41,415 related
    Other
    $0 + $62,812 related
    Deferred
    $0 + $31,153 related
    Nontaxable benefits
    $0 + $32,445 related
    Filer's total
    $0 + $352,125 related

  • TANDERIA BROWN

    CHIEF HUMAN RESOURCES OFFICER - PART YEAR

    Total calculated
    $455,909
    From this org
    $0
    From related orgs
    $394,651
    Other
    $61,258
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $247,389 related
    Bonus
    $0 + $99,854 related
    Other
    $0 + $47,408 related
    Deferred
    $0 + $32,398 related
    Nontaxable benefits
    $0 + $28,860 related
    Filer's total
    $0 + $455,909 related

  • JAY PRINCE

    FORMER SVP/COMMUNITY OPERATIONS/ASST. SECRETARY

    Total calculated
    $187,933
    From this org
    $0
    From related orgs
    $183,058
    Other
    $4,875
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $84,974 related
    Bonus
    $0
    Other
    $0 + $98,084 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $4,875 related
    Filer's total
    $0 + $187,933 related

  • TERRI S CUNLIFFE

    FORMER DIRECTOR AND CLCS PRESIDENT/CEO - THRU 05/24

    Total calculated
    $1,177,166
    From this org
    $0
    From related orgs
    $941,279
    Other
    $235,887
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $260,945 related
    Bonus
    $0 + $343,678 related
    Other
    $0 + $336,656 related
    Deferred
    $0 + $220,397 related
    Nontaxable benefits
    $0 + $15,490 related
    Filer's total
    $0 + $1,177,166 related

  • WILLIAM RABE

    FORMER OFFICER/CURENT CHIEF INFORMATION AND TECHNOLOGY OFFICER

    Total calculated
    $569,739
    From this org
    $0
    From related orgs
    $495,439
    Other
    $74,300
    Hours/week
    0 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $290,639 related
    Bonus
    $0 + $101,942 related
    Other
    $0 + $102,858 related
    Deferred
    $0 + $48,843 related
    Nontaxable benefits
    $0 + $25,457 related
    Filer's total
    $0 + $569,739 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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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 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 4A SEVERANCE OR CHANGE-OF-CONTROL PAYMENT
JAY PRINCE RECEIVED SEVERANCE IN THE AMOUNT OF $70,017.
SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT 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 SANCTION'S RULES OF FEDERAL INCOME TAX LAW. THE FOLLOWING ARE PARTICIPANTS IN THE PLAN: TANDERIA BROWN HILDE SAGER DAVID ERICKSON JEAN JUSTIE TERRI CUNLIFFE TODD SLECHTA WILLIAM RABE CORY KALLHEIM JAY PRINCE ROBERTA NEVERS JULIO MACIAS IN 2024, THESE INDIVIDUALS VESTED IN THE PLAN IN THE FOLLOWING AMOUNTS: TERRI CUNLIFFE - $70,201 DAVID ERICKSON - $49,490 WILLIAM RABE - $34,258 HILDE SAGER - $91,614 TODD SLECHTA - $13,018 JEAN JUSTIE - $13,839 IN 2024, THESE INDIVIDUALS RECEIVED DISTRIBUTIONS FROM THE PLAN IN THE FOLLOWING AMOUNTS: DAVID ERICKSON - $30,843 TERRI CUNLIFFE - $595,808
SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS
THE FOLLOWING APPLIES TO CERTAIN INDIVIDUALS LISTED ON PART VII WHOSE COMPENSATION IS PAID FROM RELATED ORGANIZATIONS: THE EXECUTIVE COMPENSATION COMMITTEE (OF CMB'S BOARD) 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 INFORMAITON ON THE COMMITTEE INCLUDED IN SCHEDULE O.
SCHEDULE J, PART II, COLUMN (B)(II)
BONUS AND INCENTIVE COMPENSATION - CERTAIN KEY PERSONS EMPLOYED BY COVENANT LIVING AND CMB ARE ELIGIBLE FOR INCENTIVE COMPENSATION AS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE OF EITHER THE COVENANT LIVING OR CMB'S BOARD BASED ON WHERE THESE INDIVIDUALS ARE EMPLOYED. INCENTIVES RELATED TO THE ACHIEVEMENT OF TARGETS FOR THE TWELVE MONTHS ENDED 9/30/23 WERE PAID OUT IN 2024 FOR CLCS AND RELATED ENTITIES. INCENTIVES RELATED TO CMB'S 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

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.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • COVENANT INTERNATIONAL INSURANCE COMPANY LTD

    C CORPORATION · INSURANCE · BD

    Directly controlled by NA

  • COVENANT TRUST COMPANY

    C CORPORATION · FINANCIAL SERVICES · IL

    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
IRS schema version
2024v5.1
Source object
202642199349301404

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