Public Charity

COVENANT MINISTRIES OF BENEVOLENCE

COVENANT MINISTRIES OF BENEVOLENCE, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $13.7M in revenue, $4.2M in expenses, $66.4M in total assets. IRS filings disclose 89 grants awarded by this foundation, totaling roughly $4.1M.

EIN: 363486813 CHICAGO, IL Latest filing: 2025
Total Revenue$13.7M
Total Expenses$4.2M
Total Assets$66.4M
Grants Given89
Grant Total$4.1M
Filing Years2021–2025

Mission

OUR MISSION IS TO EXPRESS THE LIFE GIVING AND SUSTAINING MINISTRY OF JESUS CHRIST THROUGH THE DEVELOPMENT, ADVANCEMENT AND GOVERNANCE OF MISSION DRIVEN ORGANIZATIONS SERVING PEOPLE WHO ARE SICK, DISABLED, AGING, POOR OR VULNERABLE.

Where $100 goes at Covenant Ministries of Benevolence

How Covenant Ministries of Benevolence divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$76
Covenant Ministries of Benevolence (cmb) provides administrative management services for several affiliates which fall under the IRS guidelines as non-profit organizations, exempt under section 501(c)(3)
All program spending
Share on LinkedIn Share on Facebook
Add this to your website

Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to Covenant Ministries of Benevolence

Sometimes funds new orgs 22% of recent recipients were first-time grantees (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

EVANGELICAL COVENANT CHURCH
CHICAGO, IL · 2024
SPONSORSHIPS
$90,000
CROMWELL, CT · 2024
SPONSORSHIPS
$9,000
LIBERTYVILLE, IL · 2023
GENERAL ASSISTANCE
$250,000
TURLOCK, CA · 2023
GRANTS FOR SENIORS
$100,000
MODESTO, CA · 2023
GRANTS FOR SENIORS
$100,000

Showing up to 5 of 89 total records — full history available with membership.

Officers & Directors

DIRECTOR/VICE CHAIR Arthur B Derooy
DIRECTOR Ben Moore
DIRECTOR Bill Clark
DIRECTOR/CHAIR Curt Anderson
DIRECTOR/EX-OFFICIO Cyndi Hoffman
CAMPUS EXECUTIVE DIRECTOR Dana Norton

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$2,444,324 35 grants
General Support
$870,565 16 grants
Fundraising & Sponsorship
$712,625 35 grants
Housing & Homelessness
$67,500 2 grants
Unspecified
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $13.7M $4.2M $66.4M
2024 $6.3M $5.1M $59.7M
2023 $5.8M $4.6M $53.9M
2022 $6.3M $4.9M $52.4M
2021 $7.0M $4.2M $60.9M

Between 2021 and 2025, reported annual revenue grew from $7.0M to $13.7M (+94%), with total assets most recently reported at $66.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CT, IL, MI, MN, VA, and 1 other state.

CACTILMIMNVAWI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for COVENANT MINISTRIES OF BENEVOLENCE

Complete financials, all 89 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time