CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE

As filed

Subsection

03

NTEE code

Q32

Classification

1000

Street

1500 CHESTNUT ST STE 106

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• FOUNDATIONAL PRINCIPLES AND INNOVATION - THROUGH BOOKS, ONLINE COURSES, SPEAKING ENGAGEMENTS, AND THE AMBASSADORS PROGRAM, THE CHALMERS FRAMEWORK EQUIPS CHURCHES, CHRISTIAN NONPROFITS, AND INDIVIDUAL CHRISTIANS TO UNDERSTAND AND ADDRESS THE ROOT CAUSES OF MATERIAL POVERTY. THROUGH INNOVATION, CHRISTIAN LEADERS ARE EQUIPPED TO DEVELOP POVERTY ALLEVIATION MINISTRY THAT FOSTER REAL CHANGE.

  Expenses $1,391,381 · Revenue $99,234

• FAITH AND FINANCES AND WORK LIFE: DEVELOPING CURRICULUM IN FINANCIAL EDUCATION, INDIVIDUAL DEVELOPMENT ACCOUNTS, AND JOB PREPAREDNESS FOR LOCAL CHURCHES AND CHRISTIAN NOPROFITS, EQUIPPING THEM TO IMPACT LOW-INCOME POPULATIONS. INCLUDING THE DEVELOPMENT AND DEPLOYMENT OF ONLINE CURRICULUM FOR THESE COURSES.

  Expenses $451,308 · Revenue $152,911

• WEST AFRICA PROGRAM AND INTERNATIONAL PROGRAM: TRAINING LOCAL LEADERS IN ECONOMIC DEVELOPMENT STRATEGIES IN WEST AFRICAN COUNTRIES AND BEYOND, SPECIFICALLY SAVINGS-LED MICROFINANCE GROUPS IN LOCAL CHURCHES; DEVELOPING OF MATERIALS FOR USE BY HIGH IMPACT PARTNERS AND DENOMINATIONAL LEADERS.

  Expenses $437,281 · Grants $193,242 · Revenue $20,865

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $4,097,011

  Expenses

  $3,449,655

  Contributions

  $3,790,470

  Grants paid

  $193,242

• 2023

  Revenue

  $3,773,966

  Expenses

  $3,264,508

  Contributions

  $3,339,640

  Grants paid

  $198,535

• 2022

  Revenue

  $2,658,963

  Expenses

  $3,101,276

  Contributions

  $2,310,766

  Grants paid

  $183,353

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,540,039

  Expenses

  $2,943,575

  Assets (EOY)

  $698,141

• 2020 · 990

  Revenue

  $2,299,914

  Expenses

  $2,708,859

  Assets (EOY)

  $1,151,964

• 2019 · 990

  Revenue

  $2,448,957

  Expenses

  $2,719,708

  Assets (EOY)

  $1,603,127

• 2018 · 990

  Revenue

  $2,919,539

  Expenses

  $2,299,971

  Assets (EOY)

  $1,849,997

• 2017 · 990

  Revenue

  $2,389,049

  Expenses

  $1,967,781

  Assets (EOY)

  $1,121,906

• 2016 · 990

  Revenue

  $1,950,529

  Expenses

  $2,487,398

  Assets (EOY)

  $688,603

• 2015 · 990

  Revenue

  $2,476,354

  Expenses

  $2,245,071

  Assets (EOY)

  $1,301,428

• 2014 · 990

  Revenue

  $1,997,761

  Expenses

  $1,896,003

  Assets (EOY)

  $1,361,685

• 2013 · 990

  Revenue

  $1,578,413

  Expenses

  $1,604,591

  Assets (EOY)

  $1,281,037

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,476,125

  Assets (EOY)

  $1,311,782

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• NATIONAL CHRISTIAN CHARITABLE FOUNDATION

  $911,300

  2023 · POVERTY

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $702,590

  2023 · For grant recipient's exempt purposes

• NATIONAL CHRISTIAN CHARITABLE FOUNDATION

  $667,050

  2022 · POVERTY

• NATIONAL CHRISTIAN CHARITABLE FOUNDATION

  $573,050

  2024 · GIVING AND GENEROSITY

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $430,600

  2024 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $335,000

  2022 · For grant recipient's exempt purposes

• THE AYCO CHARITABLE FOUNDATION

  $210,000

  2023 · COMMUNITY & HUMAN SERVICES

• THE AYCO CHARITABLE FOUNDATION

  $140,000

  2022 · COMMUNITY & HUMAN SERVICES

• CHATTANOOGA CHRISTIAN COMMUNITY FOUNDATION

  $106,440

  2024 · ORGANIZATIONAL SUPPORT

• THE AYCO CHARITABLE FOUNDATION

  $100,000

  2024 · COMMUNITY & HUMAN SERVICES

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files