Covenant Home Illinois
- Assets
- $166.5m
- Revenue
- $20.0m
- Investments
- $31.6m
- Employees
- 398
- Location
- Northbrook, IL
- Founding
- 07/1975
- Data as of
- 09/2021
- EIN
- 36-2643638
Organization Overview
Covenant Home Illinois is located in Northbrook, IL. The organization was established in 1975. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 09/2021, Covenant Home Illinois employed 398 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Covenant Home Illinois is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Covenant Home Illinois generated $20.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $18.7m during the year ending 09/2021. While expenses have increased by 1.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CARE FOR SENIOR ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL LIVING:THE NUMBER OF PERSONS WHO BENEFITED FROM THE SERVICES WE PROVIDED FOR THE YEAR ENDED SEPTEMBER 30, 2021 WERE AS FOLLOWS:THERE WERE A TOTAL OF 391 RESIDENTS, OCCUPYING 307 APARTMENTS AT 09/30/21. RESIDENCY FOR THE FISCAL YEAR TOTALED 140,924 RESIDENT DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hilde Sager Executive Director | Officer | 40 | $202,989 |
Michelle Pardun Associate Executive Director | 40 | $152,554 | |
Amy Lane Director Of Nursing | 40 | $130,647 | |
Kathryn Berg Healthcare Administrator | 40 | $128,522 | |
Kevin Mcdonell Director Of Facilities Management | 40 | $124,848 | |
Aurelia Roberts Nursing Supervisor, Rn | 40 | $104,003 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Healthpro Rehabilitation Therapy | 9/29/21 | $626,108 |
Incredible Builders Inc Construction | 9/29/21 | $594,247 |
Balanced Environments Inc Ground Maintenance | 9/29/21 | $470,926 |
Sodexo Inc & Affiliates Dining Services | 9/29/21 | $431,990 |
Landhaus Builders & Developers Construction | 9/29/21 | $365,830 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,753 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,753 |
| Total Program Service Revenue | $16,872,790 |
| Investment income | $781,190 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,940 |
| Net Gain/Loss on Asset Sales | $1,767,082 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,986,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $252,500 |
| Compensation of current officers, directors, key employees. | $252,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,354,847 |
| Pension plan accruals and contributions | $104,010 |
| Other employee benefits | $580,912 |
| Payroll taxes | $318,592 |
| Fees for services: Management | $33,921 |
| Fees for services: Legal | $34,590 |
| Fees for services: Accounting | $5,078 |
| Fees for services: Lobbying | $1,303 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $620,758 |
| Advertising and promotion | $171,227 |
| Office expenses | $492,828 |
| Information technology | $518,316 |
| Royalties | $0 |
| Occupancy | $856,379 |
| Travel | $1,233 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,734 |
| Interest | $767,323 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,418,299 |
| Insurance | $199,240 |
| All other expenses | $32,099 |
| Total functional expenses | $18,745,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,310 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $150,257 |
| Accounts receivable, net | $1,865,312 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,052 |
| Net Land, buildings, and equipment | $63,509,079 |
| Investments—publicly traded securities | $68,668,895 |
| Investments—other securities | $31,647,432 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $610,868 |
| Total assets | $166,475,205 |
| Accounts payable and accrued expenses | $318,213 |
| Grants payable | $0 |
| Deferred revenue | $30,541,799 |
| Tax-exempt bond liabilities | $77,877,013 |
| Escrow or custodial account liability | $170,350 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $37,743,928 |
| Total liabilities | $146,651,303 |
| Net assets without donor restrictions | $19,788,256 |
| Net assets with donor restrictions | $35,646 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $166,475,205 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Covenant Home Illinois has recieved totaling $125.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Home For The Aged Arlington Heights, IL | $131,494,614 | $46,009,976 |
Masonic Homes Of Kentucky Inc Masonic Home, KY | $92,700,057 | $43,584,418 |
Lindengrove Inc Brookfield, WI | $53,159,981 | $37,652,858 |
Friendship Village Of West County Chesterfield, MO | $195,171,509 | $29,494,334 |
Benevolent Corporation Cedar Community West Bend, WI | $115,395,812 | $41,115,280 |
Lutheran Homes Inc Fort Wayne, IN | $58,928,684 | $39,157,951 |
Greencroft Goshen Inc Goshen, IN | $95,333,983 | $41,677,361 |
The Mather Evanston Evanston, IL | $197,036,841 | $28,903,935 |
Covenant Health Care Center Inc Northbrook, IL | $80,834,072 | $35,580,141 |
Plymouth Place Inc Lagrange Park, IL | $140,283,826 | $32,345,507 |
Covenant Living Communities And Services Skokie, IL | $297,389,461 | $56,944,036 |
Baptist Convalescent Center Inc Erlanger, KY | $70,429,855 | $32,396,386 |