Overview
What is Covenant Home Of Chicago?
Covenant Home of Chicago is a nonprofit organization, rooted in the Evangelical Covenant Church, dedicated to caring for senior adults. Situated in Chicago, Illinois, their primary mission is to provide assisted living services, ensuring the comfort and wellbeing of 44 residents as of September 30, 2022. The organization's activities amounted to 14,738 resident days within the same fiscal year. With a team of 38 employees, Covenant Home of Chicago embodies a commitment to love and serve their residents as per Christ's teachings, fostering a sense of community and celebrating life in a Christian environment.
Official website here: www.covliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Covenant Home of Chicago has achieved an 80% rating from Charity Navigator, indicating a solid level of accountability and financial management. The overall score reflects a strong focus on financial practices, showcasing an effective governance structure with 88% of board members being independent. The organization has also demonstrated compliance with essential policies like conflict of interest and whistleblower protections.
The financial health of Covenant Home is further emphasized by a program expense ratio of approximately 68.86%, which suggests that a significant portion of their funds is directed towards their mission. Additionally, they maintain strict oversight through their audit and oversight committee, ensuring transparency and accountability in their operations.
Despite these strengths, the rating is based solely on the Accountability & Finance score, leaving out other potential areas of evaluation such as impact or effectiveness of programs. While the financials are strong, stakeholders may seek further information on the organization's overall program outcomes and community impact to get a complete picture of its performance.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Home Of Chicago legitimate?
Covenant Home Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Home Of Chicago submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,421,508
For more financial information, click here
Official website here: www.covliving.org
What is the mission statement of Covenant Home Of Chicago?
Covenant Home of Chicago, as a ministry of the Evangelical Covenant Church, follows the teachings of Jesus Christ in caring for senior adults. Their mission, rooted in the Great Commandment, is to celebrate the gift of life and express love and service towards God and others. As a part of Covenant Living Communities and Services, they strive to serve their residents in an assisted living setting, providing care that totals over 14,000 resident days annually. Their mission is grounded in their Christian values, with the ultimate goal of loving and serving their senior adult community.
Official website here: www.covliving.org
Who is the CEO of Covenant Home Of Chicago?
Terri S Cunliffe is the Director/Clcs President/Ceo of Covenant Home Of Chicago. The CEO's salary of Covenant Home Of Chicago is $0 and their total compensation is $760,468.
Official website here: www.covliving.org
What is the revenue of Covenant Home Of Chicago?
Covenant Home Of Chicago's revenue in 2022 was $2,673,849.
Official website here: www.covliving.org
Who are the executives of Covenant Home Of Chicago and what are their salaries?
The average compensation at Covenant Home Of Chicago during 2022 was $37,408. There are 38 employees and 23 volunteers at Covenant Home Of Chicago.
Here are 27 key members and their salaries (Covenant Home Of Chicago's CEO's salary is $0 and their total compensation is $760,468):
- Compensation: $0
- Related: $716,837
- Other: $43,631
- Compensation: $0
- Related: $198,247
- Other: $41,623
- Compensation: $0
- Related: $127,532
- Other: $97,677
- Compensation: $0
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- Other: $0
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- Compensation: $0
- Related: $387,363
- Other: $116,243
- Compensation: $0
- Related: $324,380
- Other: $77,262
- Compensation: $0
- Related: $312,458
- Other: $65,934
- Compensation: $0
- Related: $312,536
- Other: $50,684
- Compensation: $0
- Related: $79,457
- Other: $11,021
- Compensation: $0
- Related: $287,696
- Other: $31,330
- Compensation: $0
- Related: $198,613
- Other: $29,124
Official website here: www.covliving.org
Where can I find the form 990 for Covenant Home Of Chicago?
Covenant Home Of Chicago's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covliving.org
Learn more at the official website: www.covliving.org
Mission Statement of Covenant Home Of Chicago
Covenant Home of Chicago, as a ministry of the Evangelical Covenant Church, is dedicated to celebrating the gift of life in a Christian community. Following the teachings of Jesus Christ, they strive to fulfill the Great Commandment by loving and serving both God and their residents. Their mission is rooted in caring for senior adults, providing them with assisted living services.
At Covenant Home of Chicago, they offer assisted living services to a total of 44 residents as of September 30, 2022. Their commitment to their residents is evident in the 14,738 resident days they provided during that fiscal year. The organization's mission is driven by their belief in the value of every life and their dedication to serving their senior residents with love and care.
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Impact
October, 2024
Covenant Home of Chicago significantly impacts the lives of senior adults through compassionate care and a supportive community environment. Providing assisted living services, it supported a total of 44 residents as of September 30, 2022, facilitating a staggering 14,738 resident days over the fiscal year. This dedication to service reflects a mission that emphasizes love and community, rooted in the teachings of the Evangelical Covenant Church. By fostering a nurturing atmosphere, Covenant Home not only attends to the physical needs of its residents but also promotes their emotional and spiritual well-being, enriching their quality of life. The organization's commitment to care exemplifies a holistic approach to senior living, ensuring that each individual feels valued and cared for within a vibrant community.
This information is meant to be a general summary of Covenant Home Of Chicago. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $169,127
- Program Service Revenue: $2,418,930
- Gross Receipts: $2,673,849
Assets and Liabilities:
- Total Assets: $9,366,682
- Total Liabilities: $6,847,479
- Net Assets: $2,519,203
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROUTINE SERVICES
Revenue
$1,803,253
MEDICARE/MEDICAID
Revenue
$606,251
ANCILLARY SERVICES
Revenue
$8,877
MEALS
Revenue
$549
Organization Details
Founding Year
1980
Phone
(773) 506-6900Principal Officer
Terri S Cunliffe
Main Address
2720 W FOSTER AVE, CHICAGO, IL, 606253510
Website
www.covliving.orgNTEE Category
Code: E91Z - Health
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