Overview
What is Covenant Community Development Corp?
Covenant Community Development Corp, operating as the Covenant Impact Center, is a nonprofit organization situated in Fort Wayne, Indiana. Its primary objective is to support the community, providing resources for life skills development, literacy, and health and safety. The Covenant Impact Center aims to assist individuals and families in becoming self-sufficient. During 2022, various programs were initiated, such as the Supportively Impacting Parents (SIP) program, which offered parenting strategies and support to 8 families, and the English Language Learner (ELL) program, which helped 72 students improve their English skills, with 39 of them successfully passing the test they had previously failed. Additionally, the Be the Edge program aimed to connect teenagers in the Allen County Juvenile Center with resources and support. The organization's mission is to empower the community to be healthy, safe, educated, and equipped to achieve their life goals. The Covenant Impact Center employs 15 individuals.
Official website here: www.covenantimpact.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
Covenant Community Development Corp has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization scored 96% overall, with notable strengths in governance and financial practices, including 100% independent board members and a program expense ratio of 88.70%. These indicators suggest that the majority of its resources are directed towards its programs rather than administrative costs.
The nonprofit demonstrates excellent financial health, maintaining a low liabilities to assets ratio of 2.58%, which indicates a solid financial foundation. Additionally, it has implemented comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention, all of which further reinforce its transparency and ethical practices.
While the overall assessment is highly favorable, users may benefit from more detailed information about specific programs and their impacts to better understand how the organization is achieving its mission. Nonetheless, Covenant Community Development Corp stands out as a well-managed and responsible nonprofit committed to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Community Development Corp legitimate?
Covenant Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Community Development Corp 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: $90,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,173
For more financial information, click here
Official website here: www.covenantimpact.org
What is the mission statement of Covenant Community Development Corp?
The Covenant Community Development Corp's mission is to establish a thriving center that provides assistance and encouragement to community members and their families, empowering them to lead healthy, safe, educated, and goal-oriented lives. The organization serves the community, offering resources in life skills, literacy development, and health and safety. It provides support to individuals who strive to become self-sufficient, such as through the SIP program that provides parenting strategies and support to mothers. Additionally, the ELL program offers English language courses to help learners improve their English skills, and the Be the Edge program provides contact information and support to teenagers in a juvenile detention center.
Official website here: www.covenantimpact.org
Who is the CEO of Covenant Community Development Corp?
Luther Whitfield is the Executive Di of Covenant Community Development Corp.
Official website here: www.covenantimpact.org
What is the revenue of Covenant Community Development Corp?
Covenant Community Development Corp's revenue in 2022 was $911,933.
Official website here: www.covenantimpact.org
Who are the executives of Covenant Community Development Corp and what are their salaries?
The average compensation at Covenant Community Development Corp during 2022 was $21,348. There are 15 employees and 200 volunteers at Covenant Community Development Corp.
Here are 8 key members and their salaries:
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Official website here: www.covenantimpact.org
Where can I find the form 990 for Covenant Community Development Corp?
Covenant Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covenantimpact.org
Learn more at the official website: www.covenantimpact.org
Mission Statement of Covenant Community Development Corp
Covenant Community Development Corp, with its Impact Center, aims to serve as a thriving hub that brings help and hope to the community. The organization's mission is to empower community members and their families, enabling them to lead healthy, safe, educated, and self-sufficient lives, thereby achieving their life's goals. The Impact Center offers a wide range of services, including life skills development, literacy courses, and resources related to health and safety. It serves as a support system for individuals striving to stand on their own feet, providing daycare services to cater to their needs.
The Covenant Impact Center is particularly committed to helping families in distress. For instance, in 2022, the Supportively Impacting Parents (SIP) program, which educates mothers on parenting strategies and offers encouragement, support, and friendship, conducted 16 sessions, benefiting eight families. Similarly, the English Language Learner (ELL) program, which offers English as a second language courses, held 31 class sessions, assisting 72 students, with 39 of them successfully passing the test they had previously failed. Furthermore, the Be the Edge program, which provides contact information to teenagers in the Allen County Juvenile Center, made 12 visits to the detention center and interacted with 25 teenagers.
In summary, Covenant Community Development Corp's Impact Center is a beacon of hope and support for the community, providing essential services and resources to empower individuals and families to lead fulfilling, self-sufficient lives.
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Impact
July, 2024
Covenant Community Development Corp's impact is deeply felt in Fort Wayne, IN. The Covenant Impact Center serves as a vital hub for the community, offering life skills training, literacy development, and health and safety resources. Specifically, in 2022, the Supportively Impacting Parents (SIP) program provided parenting strategies and support to 8 families through 16 sessions. The English Language Learner (ELL) program helped 72 students improve their English skills, with 39 students passing tests they had previously failed. Additionally, the Be the Edge program made significant impact by reaching out to 25 teenagers in the Allen County Juvenile Center through 12 visits. This organization is actively working towards empowering community members and their families to lead healthy, safe, and successful lives.
This information is meant to be a general summary of Covenant Community Development Corp. 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: $5,848
- Program Service Revenue: $67,925
- Gross Receipts: $933,951
Assets and Liabilities:
- Total Assets: $381,888
- Total Liabilities: $9,878
- Net Assets: $372,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAYCARE
Revenue
$67,925
Organization Details
Founding Year
2015
Phone
(260) 441-0001Principal Officer
Luther Whitfield
Main Address
3420 EAST PAULDING ROAD, FORT WAYNE, IN, 46816
Website
www.covenantimpact.orgNTEE Category
Code: O30 - Youth development
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