Mission
Covenant equips aspirational working families to thrive and secure intergenerational resilience by acquiring affordable homes, accessing quality education, managing risk, and building savings for life.
Public Charity
COVENANT COMMUNITY CAPITAL CORPORATION
COVENANT COMMUNITY CAPITAL CORPORATION, of HOUSTON, TX, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.6M in revenue, $2.7M in expenses, $7.9M in total assets. 31 publicly reported grants to this organization, totaling roughly $5.7M, appear in IRS filings.
EIN: 760573676
HOUSTON, TX
Urban & Community Economic Development
NTEE: S31
Latest filing: 2024
Total Revenue$2.6M
Total Expenses$2.7M
Total Assets$7.9M
Grant Records31
Funding Total$5.7M
Filing Years2019–2024
Where $100 goes at Covenant Community Capital Corporation
How Covenant Community Capital Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$96
Programs
the work itself
$2
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $96 for programs
$55
Affordable Family Townhome Rentals In 2010 PNC Bank approached Covenant to do a workout on a distressed 128-unit 2002 rental community in Baytown known as Townhomes of Bay…
$24
Family Asset Building through financial education, coaching, savings prizes, savings matches and 0% loans that equip aspirational working families to secure economic mobility and intergenerational resilience by acquiring…
$15
Community Asset Building through financing and development expertise to create home and job opportunities for low-income families
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Disaster - Beryl
$492,000
Financial Stability
$266,200
PUBLIC BENEFIT
$14,500
Financial Stability
$289,844
Supportive Housing Project
$240,000
Showing up to 5 of 31 total records — full history available with membership.
Officers & Directors
Director
Eugene Lee
Chairman
Gloria Sanderson
Secretary
John Cochran
Director
Karen Becerra
Director
Shad Bogany
President & CEO
Stephan Fairfield
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.6M | $2.7M | $7.9M |
| 2023 | $2.3M | $2.4M | $8.3M |
| 2022 | $2.1M | $2.4M | $9.2M |
| 2020 | $3.3M | $4.1M | $9.4M |
| 2019 | $3.5M | $3.8M | $10.3M |
Between 2019 and 2024, reported annual revenue declined from $3.5M to $2.6M (-24%), with total assets most recently reported at $7.9M.
Interactive year-over-year charts and full filing details available with membership.