Covenant Home Illinois, Covenant Village Of Northbrook in Northbrook, Illinois (IL)

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Covenant Home Illinois, Covenant Village Of Northbrook
Employer Identification Number (EIN)362643638
Name of OrganizationCovenant Home Illinois
Secondary NameCovenant Village Of Northbrook
Address2625 Techny Road, Northbrook, IL 60062-5995
ActivitiesChurch, synagogue, etc
SubsectionReligious Organization
Ruling Date07/1975
DeductibilityContributions are deductible
FoundationChurch
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period01/2014
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$117,876,279
Amount of Income$13,779,120
Form 990 Revenue Amount$13,697,172
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Senior Continuing Care Communities


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Amount of income in 2014: $13,779,120
Covenant Home Illinois, Covenant Village Of Northbrook: 

 $13,779,120
Other organizations performing similar types of work: 

 $15,223,418

Assets in 2014: $117,876,279
This organization: 

 $117,876,279
Other organizations performing similar types of work: 

 $27,089,417

Expenses in 2014: $13,762,830
This organization: 

 $13,762,830
Other organizations performing similar types of work: 

 $13,481,543

Income to expenses ratio in 2014: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 75.1%
This organization: 

 75.1%
Other organizations performing similar types of work: 

 86.2%

Number of employees in 2014: 325
This organization: 

 325
Other organizations performing similar types of work: 

 269

Employees paid over $100,000 in 2014: 1.5%
This organization: 

 1.5%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2014: 6.0%
This organization: 

 6.0%
Other organizations performing similar types of work: 

 0.7%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?YesYesYes
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNoNo
Did the organization report an amount for land, buildings, and equipment?YesYesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other liabilities?YesYesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoYesYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?YesYesYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?YesYesYes
Did the organization report more than $15,000 of gross income from gaming activities?NoNoNo
Did the organization operate one or more hospital facilities?NoNoNo
Did the organization attach a copy of its audited financial statements?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNoNo
A family member of a current or former officer, director, trustee, or key employee?NoNoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNoNo
Was the organization related to any tax-exempt or taxable entity?YesYesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNoNo
Did the organization make any transfers to an exempt non-charitable related organization?YesYesYes
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 1096313540
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return330338325
Did the organization file all required federal employment tax returns?YesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?YesYesYes
Did the organization notify the donor of the value of the goods or services provided?YesYesYes
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$226,629$163,125$162,866
Total reportable compensation from related organizations$3,739,532$2,557,824$2,503,119
Total estimated amount of other compensation from the organization and related organizations$762,998$686,196$361,243
Total number of individuals who received more than $100,000 of reportable compensation from the organization111
Total number of independent contractors who received more than $100,000 of compensation from the organization434
Statement of Revenue
201220132014
Total revenue$10,707,119$11,647,032$13,697,172
Contributions, Gifts, Grants and Other Similar Amounts$330,191$45,029$815,453
Program Service Revenue$9,499,818$9,824,523$10,385,563
623000$5,532,164$5,905,956$6,564,070
623000$3,573,411$3,462,324$3,393,122
623000$212,123$243,605$214,447
623000$182,120$211,754$213,924
All other program service revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$210,860$902,348$1,106,679
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental loss$-54,377$-62,966$-52,597
Gross rents (Real / Personal)$16,020 / $0$14,413 / $0$20,100 / $0
Less: rental expenses (Real / Personal)$70,397 / $0$77,379 / $0$72,697 / $0
Rental income or (loss) (Real / Personal)$-54,377 / $0$-62,966 / $0$-52,597 / $0
Net gain/loss from sales of assets other than inventory$459,904$699,803$1,067,268
Gross amount from sales of assets other than inventory (Securities / Other)$459,904 / $0$699,803 / $0$1,067,268 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0$0 / $0$0 / $0
Gain or (loss) (Securities / Other)$459,904 / $0$699,803 / $0$1,067,268 / $0
Net income/loss from fundraising events$0$0$0
Gross income from fundraising events$6,973$8,521$9,251
Less: direct expenses$6,973$8,521$9,251
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$260,723$238,295$374,806
623000$138,500$157,219$167,386
623000$12,243$15,385$23,798
All other revenue$109,980$65,691$183,622
Statement of Functional Expenses
201220132014
Total functional expenses$12,636,214$12,590,857$13,762,830
Grants and other assistance to domestic organizations and domestic governments$0$0$0
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$0$195,171$196,611
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$2,555,773$2,378,263$2,595,138
Pension plan accruals and contributions$84,263$100,185$76,588
Other employee benefits$460,366$472,739$568,691
Payroll taxes$198,457$181,534$213,445
Fees for services (non-employees)
Management$11,868$12,096$19,346
Legal$104,520$61,854$12,213
Accounting$12,443$947$5,063
Lobbying$0$0$0
Professional fundraising services$0$0$0
Investment management fees$0$0$0
Other$433,652$266,367$743,940
Advertising and promotion$384,759$351,035$102,705
Office expenses$362,764$414,814$423,591
Information technology$99,534$119,882$171,060
Royalties$0$0$0
Occupancy$710,127$652,243$682,931
Travel$10,358$5,609$11,213
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$26,423$27,785$35,568
Interest$1,444,613$1,350,286$1,645,167
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$2,987,818$3,228,648$3,519,243
Insurance$128,941$134,749$132,550
Other expenses$1,071,594$1,105,144$1,353,420
Other expenses$560,996$679,860$584,060
Other expenses$544,500$585,882$527,949
Other expenses$35,500$166,463$33,871
Other expenses$406,945$99,301$108,467
Balance Sheet
201220132014
Total assets$79,578,914$80,678,784$117,876,279
Cash - non-interest-bearing$21,922$17,596$8,029
Savings and temporary cash investments$0$354,300$541,850
Pledges and grants receivable, net$227,444$69,471$190,971
Accounts receivable, net$389,698$129,956$332,721
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$945$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$75,904$35,762$41,967
Land, buildings, and equipment: cost or other basis$47,535,570$47,950,652$54,652,006
Investments - publicly traded securities$20,249,675$19,886,497$51,095,218
Investments - other securities$8,367,176$11,034,154$9,136,752
Investments - program-related$0$0$0
Intangible assets$0$0$0
Other assets$2,710,580$1,200,396$1,876,765
Total liabilities$67,497,892$69,585,550$106,902,930
Accounts payable and accrued expenses$488,983$455,559$3,012,780
Grants payable$0$0$0
Deferred revenue$14,600,860$16,392,239$17,635,875
Tax-exempt bond liabilities$29,352,438$28,720,046$61,417,678
Escrow or custodial account liability$210,398$542,200$705,650
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$22,845,213$23,475,506$24,130,947
Total net assets or fund balances$12,081,022$11,093,234$10,973,349
Unrestricted net assets$11,936,581$10,992,755$10,927,097
Temporarily restricted net assets$144,441$100,479$46,252
Permanently restricted net assets$0$0$0
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010 - 2014)
2010 - 2014 Total
Public support$49,514,513
Subtotal$49,514,513
Gifts, grants, contributions, and membership fees received$2,211,828
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$47,302,685
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$57,471,694
Public support$49,514,513
Subtotal$7,957,181
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$7,957,181
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002200520062007
Total revenue$9,352,064$8,860,244$8,597,380$9,943,157$9,319,095$9,217,226
Contributions, gifts, grants, and similar amounts received$731,121$310,022$416,279$198,722$93,583$247,299
Contributions to donor advised funds$0$0
Direct public support$731,121$310,022$416,279$198,722$93,583$247,299
Indirect public support$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0
Program service revenue including government fees and contracts$7,237,904$7,428,357$7,367,090$8,188,208$7,599,585$6,748,959
Membership dues and assessments$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0$0
Dividends and interest from securities$736,342$698,966$653,600$864,039$848,609$1,178,244
Net rental income or (loss)$25,751$24,037$26,405$21,580$22,260$21,285
Gross rents$30,780$30,765$26,405$21,580$22,260$21,285
Less: rental expenses$5,029$6,728$0$0$0$0
Other investment income$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$349,240$32,038$12,298$492,442$584,145$703,913
Gross amount from sales of assets other than inventory$349,240$32,038$12,298$492,442$584,145$703,913
Less: cost or other basis and sales expenses$0$0$0$0$0$0
Net income or (loss) from special events and activities$18,765$14,782$16,489$6,465$0$51,434
Gross revenue$29,772$25,489$29,500$9,234$0$54,794
Less: direct expenses other than fundraising expenses$11,007$10,707$13,011$2,769$0$3,360
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0
Other revenue$252,941$352,042$105,219$171,701$170,913$266,092
Total expenses$7,012,516$7,349,710$7,744,303$7,997,187$8,368,487$8,102,654
Program services$5,694,976$5,955,219$6,307,684$6,451,596$6,847,250$6,087,715
Management and general$1,083,504$1,154,203$1,183,892$1,524,414$1,483,581$2,014,939
Fundraising$0$0$0$21,177$37,656$0
Payments to affiliates$234,036$240,288$252,727$0$0$0
Net assets or fund balances at end of year$7,992,289$8,678,420$9,239,501$13,304,649$14,207,097$15,336,350
Excess or (deficit) for the year$2,339,548$1,510,534$853,077$1,945,970$950,608$1,114,572
Net assets or fund balances at beginning of year$5,938,451$7,992,289$8,678,420$11,047,796$13,304,649$14,207,097
Other changes in net assets or fund balances$-285,710$-824,403$-291,996$310,883$-48,160$14,681
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$8,102,654$6,087,715$2,014,939$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$187,608$0$187,608$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$126,974$126,974$0$0
Salaries and wages of employees not included above$1,825,553$1,434,890$390,663$0
Pension plan contributions not included above$37,725$23,772$13,953$0
Employee benefits not included above$21,293$602$20,691$0
Payroll taxes$143,989$92,331$51,658$0
Professional fundraising fees$0$0$0$0
Accounting fees$35,784$0$35,784$0
Legal fees$0$0$0$0
Supplies$186,326$163,321$23,005$0
Telephone$47,628$0$47,628$0
Postage and shipping$8,030$649$7,381$0
Occupancy$611,506$581,822$29,684$0
Equipment rental and maintenance$173,195$101,291$71,904$0
Printing and publications$80,587$0$80,587$0
Travel$10,450$1,961$8,489$0
Conferences, conventions, and meetings$22,070$839$21,231$0
Interest$400,513$380,487$20,026$0
Depreciation, depletion, etc.$1,245,117$1,182,862$62,255$0
Other expenses not covered above$2,938,306$1,995,914$942,392$0
Balance Sheets
200020012002200520062007
Total assets$28,964,386$30,982,626$32,028,454$72,205,130$72,800,153$75,428,869
Cash - non-interest-bearing$248,003$77,122$339,843$39,175$98,485$271,374
Savings and temporary cash investments$0$0$0$0$0$0
Accounts receivable less allowance for doubtful accounts$114,244$246,240$88,774$0$0$266,398
Pledges receivable less allowance for doubtful accounts$1,274,425$672,086$570,640$557,300$584,228$467,509
Grants receivable$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$14,818,961$16,534,250$15,614,834
Inventories for sale or use$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$2,687$0$0$0$0
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$274,153$274,153$274,153$274,153$921,446$921,446
Investments - other$4,000$4,000$4,000$44,232,042$41,383,574$30,023,874
Land, buildings, and equipment less accumulated depreciation$11,907,670$11,794,481$11,472,251$11,610,571$12,569,531$27,117,265
Other assets, including program-related investments$15,141,891$17,911,857$19,278,793$672,928$708,639$746,169
Total liabilities$20,972,097$22,304,206$22,788,953$58,900,481$58,593,056$60,092,519
Accounts payable and accrued expenses$514,265$853,288$600,560$1,339,539$1,332,993$3,060,160
Grants payable$0$0$0$0$0$0
Deferred revenue$16,580,753$16,905,299$16,616,953$15,853,504$14,815,469$14,988,445
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0
Tax-exempt bond liabilities$3,244,653$3,173,178$3,328,596$37,305,551$35,544,991$33,325,123
Mortgages and other notes payable$0$0$0$0$0$0
Other liabilities$632,426$1,372,441$2,242,844$4,401,887$6,899,603$8,718,791
Total liabilities and net assets/fund balances$28,964,386$30,982,626$32,028,454$72,205,130$72,800,153$75,428,869
Total net assets or fund balances$7,992,289$8,678,420$9,239,501$13,304,649$14,207,097$15,336,350
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002200520062007
Total revenue$9,352,064$8,860,244$8,597,380$0$0$0
Total revenue, gains, and other support per audited financial statements$8,965,671$8,690,556$8,556,223$0$0$0
Other expenses$-352,865$-131,312$0$0$0$0
Net unrealized gains on investments$-357,894$-138,040$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0
Other$5,029$6,728$0$0$0$0
Other revenue$33,528$38,376$41,157$0$0$0
Investment expenses$0$0$0$0$0$0
Other$33,528$38,376$41,157$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002200520062007
Total expenses$7,012,516$7,349,710$7,744,303$0$0$0
Total expenses and losses per audited financial statements$6,984,017$7,318,062$7,703,146$0$0$0
Other revenue$5,029$6,728$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0
Losses$0$0$0$0$0$0
Other$5,029$6,728$0$0$0$0
Other expenses$33,528$38,376$41,157$0$0$0
Investment expenses$0$0$0$0$0$0
Other$33,528$38,376$41,157$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$128,347$34,341$24,920
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings16
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006207
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$1,984,980$6,984,947
Program service revenue
Program service revenue 1000000$000$0$4,451,100
Program service revenue 2000000$000$0$2,074,304
Program service revenue 3000000$000$0$179,708
Program service revenue 4000000$000$0$43,847
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,178,244$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$21,285$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$703,913$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$51,434$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Section 501(c)(3) organization - Income from an activity carried on primarily for the convenience of the organization's members, students, patients, visitors, officers, or employees (hospital parking lot or museum cafeteria, for example) (section 513(a)(2))$30,104$235,988
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$80,713$12,100$2,293
$83,760$4,542$251
$74,207$8,047$166
$71,116$9,387$109
$67,556$11,639$40
Total number of other employees paid over $50,00028
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
199920002001200420052006
Total$8,451,801$9,237,820$8,589,967$9,014,444$9,994,393$9,296,835
Gifts, grants, and contributions received$458,813$749,886$324,804$287,769$205,187$93,583
Membership fees received$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$6,817,634$7,123,660$7,534,159$7,857,769$8,411,145$7,770,498
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$1,175,354$1,364,274$731,004$868,906$1,378,061$1,432,754
Net income from unrelated business activities not included above$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0
Other income$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Presence Rhc Corporation, Accounts Payable Department200 S Wacker Dr, Chicago, IL 60606-5829IL1943-03$275,926,644
2Franciscan Communities Inc11500 Theresa Dr, Lemont, IL 60439-2727IL1946-03$115,075,283
3Presbyterian Home, The Northern Trust Company3200 Grant St, Evanston, IL 60201-1903IL1940-12$109,023,378
4Covenant Retirement Communities West, Brandel Hall5700 Old Orchard Road, Skokie, IL 60077-1036IL1975-07$81,366,473
5Council For Jewish Elderly3003 W Touhy Ave, Chicago, IL 60645-2833IL1972-10$59,625,271
6Christian Homes Inc200 N Postville Dr, Lincoln, IL 62656-1978IL1967-07$58,289,711
7Evangelical Retirement Homes Of Greater Chicago Inc, Friendship Village Of Schaumburg350 W Schaumburg Road, Schaumburg, IL 60194-3464IL1975-08$56,406,123
8Lutheran Home For The Aged800 W Oakton St, Arlington Hts, IL 60004-4602IL1942-10$52,181,691
9Covenant Retirement Communities Inc, Covenant Land Company Llc5700 Old Orchard Road, Skokie, IL 60077-1036IL1975-07$44,736,737
10Plymouth Place Inc315 N Lagrange Road, Lagrange Park, IL 60526-1903IL1944-12$30,627,071
11Volunteers Of America Inc, Volunteers Of America National Serv7530 Market Place Dr, Eden Prairie, MN 55344-3636MN1963-05$20,753,966
12Village At Marymount5200 Marymount Village Dr, Garfield Hts, OH 44125-2973OH1946-03$18,251,592
13Walker Methodist Health Center Inc3737 Bryant Ave S, Minneapolis, MN 55409-1019MN1953-09$30,879,736
14Wesley Glen Inc5155 N High St, Columbus, OH 43214-1525OH1970-06$22,365,309
15Sarah A Reed Retirement Center227 W 22nd St, Erie, PA 16502-2689PA1988-07$19,597,849
16Westminster Village Inc2025 E Lincoln St, Bloomington, IL 61701-5995IL1984-03$12,444,371
17Woodstock Christian Life Services920 N Seminary Ave, Woodstock, IL 60098-2996IL1984-04$11,087,927
18Selfhelp Home Inc908 W Argyle St, Chicago, IL 60640-3806IL2000-11$8,939,633
19Beulahland Manor Corp502 Hickory St, Evansville, IL 62242IL2007-06$0
20Garden Of Gethsemane Baptist ChurchPO BOX 2113, Matteson, IL 60443-5113IL1999-02$0
Number of organizations performing similar types of work
Alaska2
Alabama3
Arkansas5
Arizona12
California48
Colorado13
Connecticut21
District of Columbia6
Delaware3
Florida45
Georgia13
Hawaii2
Iowa22
Illinois54
Indiana25
Kansas14
Kentucky10
Louisiana8
Massachusetts16
Maryland26
Maine4
Michigan20
Minnesota41
Missouri22
Montana2
North Carolina23
North Dakota2
Nebraska4
New Hampshire5
New Jersey24
New Mexico1
New York45
Ohio45
Oklahoma4
Oregon12
Pennsylvania93
Rhode Island5
South Carolina8
South Dakota8
Tennessee14
Texas21
Utah2
Virginia23
Vermont1
Washington19
Wisconsin26
West Virginia4
Wyoming1
International2
Total829
20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateEmanuel Medical Center Inc825 Delbon Ave, Turlock, CA 95382-2016CA1975-07$235,017,152
SubordinateCovenant Retirement Communities West, Brandel Hall5700 Old Orchard Road, Skokie, IL 60077-1036IL1975-07$81,366,473
SubordinateCovenant Retirement Communities Inc, Covenant Land Company Llc5700 Old Orchard Road, Skokie, IL 60077-1036IL1975-07$44,736,737
SubordinateCovenant Health Care Center Inc, Sequoia Place2125 N Olive Ave, Turlock, CA 95382-1901CA1975-07$27,314,682
SubordinateWindsor Park Manor, Torrey M Johnson Health Care Center124 Windsor Park Dr, Carol Stream, IL 60188-1986IL1975-07$20,115,663
SubordinateCovenant Home Inc Connecticut, Covenant Village Of Cromwell Assist52 Missionary Rd, Cromwell, CT 06416-2170CT1975-07$17,875,175
SubordinateCovenant Village Of Florida Inc, Covenant Village Home Care9215 W Broward Blvd, Plantation, FL 33324-2404FL1975-07$17,820,114
SubordinateColonial Acres Home Inc, Colonial Acres Health Care Center5825 Saint Croix Ave N, Minneapolis, MN 55422-4419MN1975-07$17,637,525
SubordinateCovenant Village Of Colorado Inc, Aspen Place9153 Yarrow St, Westminster, CO 80021-4561CO1975-07$16,684,486
SubordinateCovenant Retirement Communities Of The Great Lakes Conference, Covenant Village Of The Great Lakes2510 Lake Michigan Dr Nw, Grand Rapids, MI 49504-8042MI1975-07$14,545,991
SubordinateCovenant Home Illinois, Covenant Village Of Northbrook2625 Techny Road, Northbrook, IL 60062-5995IL1975-07$13,779,120
SubordinateThe Holmstad Inc, Park Manor700 W Fabyan Parkway, Batavia, IL 60510-1269IL1975-07$12,487,074
CentralEvangelical Covenant Church8303 W Higgins Rd, Chicago, IL 60631-2941IL1975-07$0
IntermediateCovenant Ministries Of Benevolence, Oregon Llc5145 N California Ave, Chicago, IL 60625-3661IL1975-07$7,660,744
SubordinateAdelbrook Inc58 Missionary Rd, Cromwell, CT 06416-2134CT1975-07$14,572,305
SubordinateCovenant Home Services, Covenant Care At Home5700 Old Orchard Rd, Skokie, IL 60077-1036IL1975-07$11,524,886
SubordinateLife Center On The Green Inc, Galter Lifecenter5157 N Francisco Ave, Chicago, IL 60625-3655IL1975-07$7,393,887
SubordinateAdelbrook Community Services Inc58 Missionary Rd, Cromwell, CT 06416-2134CT1975-07$5,286,749
SubordinateCovenant Retirement Services5700 Old Orchard Road, Skokie, IL 60077IL1975-07$4,558,840
SubordinateMidwest Covenant Home IncPO BOX 367, Stromsburg, NE 68666-0367NE1975-07$4,169,369
Number of affiliated organizations
Alaska19
Alabama2
Arkansas1
Arizona10
California153
Colorado33
Connecticut20
Florida30
Georgia7
Hawaii2
Iowa19
Idaho1
Illinois130
Indiana7
Kansas28
Kentucky5
Louisiana2
Massachusetts24
Maryland3
Maine3
Michigan58
Minnesota128
Missouri9
Mississippi1
Montana5
North Carolina7
North Dakota3
Nebraska24
New Hampshire7
New Jersey8
Nevada2
New York21
Ohio17
Oklahoma9
Oregon23
Pennsylvania19
Rhode Island5
South Carolina1
South Dakota9
Tennessee3
Texas19
Virginia6
Vermont1
Washington56
Wisconsin32
West Virginia1
Total973

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