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 2024 filing shows $6.3M in revenue, $5.1M in expenses, $59.7M in total assets. IRS filings disclose 87 grants awarded by this foundation, totaling roughly $4.0M.

EIN: 363486813 CHICAGO, IL Latest filing: 2024
Total Revenue$6.3M
Total Expenses$5.1M
Total Assets$59.7M
Grants Given87
Grant Total$4.0M
Filing Years2020–2024

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.

Officers & Directors

DIRECTOR/TREASURER Arthur B Derooy
DIRECTOR Ben Moore
DIRECTOR Bill Clark
DIRECTOR/VICE 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

GRANTS FOR SENIORS
$2,444,324 35 grants
GENERAL ASSISTANCE
$858,065 14 grants
SPONSORSHIPS
$382,473 18 grants
OUTREACH PROGRAM FOR THE HOMELESS
$50,000 1 grant
BENEFIT GALA/FUNDRAISING
$30,000 3 grants

Financial Trends

Year Revenue Expenses Assets
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
2020 $23.6M $5.9M $55.5M

Between 2020 and 2024, reported annual revenue declined from $23.6M to $6.3M (-73%), with total assets most recently reported at $59.7M.

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.

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