COVENANT RETIREMENT COMMUNITIES INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- COVENANT RETIREMENT COMMUNITIES INC (EIN 36-3478388)
- Tax period
- 2012-02-01 to 2013-01-31
- Filed
- 2013-12-11
- IRS object ID
- 201343459349300329
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-12-11T13:58:25-06:00 | Timestamp |
| Tax Period End Date | 2013-01-31 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-02-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363478388 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Covenant Retirement Communities Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COVE | NameControl |
| Phone | 7738782294 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5700 Old Orchard Rd | AddressLine1 |
| City | Skokie | City |
| State | IL | State |
| ZIP Code | 60077 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Elizabeth Buikema | Name |
| Title | VP of Finance/CFO | Title |
| Phone | 7738782294 | Phone |
| Date Signed | 2013-12-11 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Elizabeth Buikema | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o CRC 5700 Old Orchard Rd | AddressLine1 |
| City | Skokie | City |
| State | IL | State |
| ZIP Code | 60077 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 37233601 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 2650 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.covenantretirement.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1980 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | Care for senior adults. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 110 | TotalNbrEmployees |
| Total Nbr Volunteers | 16 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 12945 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 16894 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 19227728 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 19025018 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 7906364 | InvestmentIncomePriorYear |
| Investment Income Current Year | 16551319 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1003567 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1326901 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 28150604 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36920132 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 12550 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 7475067 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7716962 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 458138 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 58007100 | OtherExpensePriorYear |
| Other Expenses Current Year | 21453520 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 65495167 | TotalExpensesPriorYear |
| Total Expenses Current Year | 29183032 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -37344563 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7737100 | RevenuesLessExpensesCY |
| Total Assets BOY | 118898146 | TotalAssetsBOY |
| Total Assets EOY | 127258395 | TotalAssetsEOY |
| Total Liabilities BOY | 113255955 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 113395186 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5642191 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 13863209 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | As a ministry of the Evangelical Covenant Church, Covenant Retirement Communities celebrates God's gift of life in Christian community. We follow the Great Commandment to love and serve God and one another as taught by Jesus Christ. (SEE SCHEDULE O) | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 25080383 | Expense |
| Grants | 12550 | Grants |
| Revenue | 17417471 | Revenue |
| Description | The number of persons residing at the continuing care retirement communities, operated by Covenant Retirement Communities, Inc. (CRC), who benefited from the services we provided for the year ended January 31, 2013 were as follows:Residential & Catered Living: There were a total of 3,292 residents, occupying 2,518 apartments at 01/31/2013. Residency for the fiscal year totaled 1,203,607 resident days.Assisted Living: There were a total of 607 assisted living residents at 01/31/2013. Assisted living residency for the fiscal year totaled 227,805 patient days.Skilled Nursing: There were a total of 721 skilled care patients at 01/31/2013. Skilled care residency for the fiscal year totaled 263,853 patient days. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2922159 | Expense |
| Revenue | 2950666 | Revenue |
| Description | Estates of Windsor Park:The number of persons who benefited from the services we provided for the year ended January 31, 2013 were as follows:There were a total of 92 residents, occupying 61 apartments at 01/31/2013. Residency for the fiscal year totaled 33,340 resident days. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | The organization was involved in various community benefits projectswhich include the following:- Provided space usage for meetings & events for small (under 35people) groups including Illinois Future Problem Solvers, Rock of Hope Ministries Board (equivalent to $11,000)- Monetary Donations to a various organizations/events such as Evangelical Covenant Church, North Park University, Covenant Harbor and Swedish Covenant Hospital (total of $12,550) | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 28002542 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 1 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 1 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 86 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 110 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Elizabeth Buikema | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7738782294 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O CRC 5700 Old Orchard Rd | AddressLine1 |
| City | Skokie | City |
| State | IL | State |
| ZIP Code | 60077 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Jon P Aagaard MD | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Curtis B Anderson | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Rev Richard B Berry | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Pamela Christensen | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Wendell Danielson | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Rev Harvey Drake | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Mark C Eastburg | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| James Elving | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Marc E Espinosa | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Carol A Findling | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Lorene G Flewellen | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Rhoda Friesen | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Thomas F Heywood | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Donald Hodgkinson | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Jody Holt | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Cletus J Moll | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Joyce Peterson | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Walter Schiller | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Marlene Stante | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Anne Vining | ||||||||
| Director | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| David A Dwight | ||||||||
| Ex-Officio | 1.00 | 40.00 | X | 0 | 581280 | 129403 | ||
| Rick K Fisk | ||||||||
| Ex-Officio/President | 40.00 | 1.00 | X | 0 | 594265 | 61092 | X | |
| Scott MacDonald | ||||||||
| Ex-Officio | 1.00 | 1.00 | X | 0 | 0 | 0 | ||
| Gary Walter | ||||||||
| Ex-Officio | 1.00 | 40.00 | X | 0 | 157472 | 117568 | ||
| Steven P Anderson | ||||||||
| Senior VP/Asst Secretary | 40.00 | 1.00 | 29325 | 0 | 12327 | X | ||
| Elizabeth B Buikema | ||||||||
| Senior VP/CFO/Treasurer | 40.00 | 1.00 | 276556 | 0 | 62425 | X | ||
| Moraine M Byrne | ||||||||
| Senior VP/Asst Secretary | 40.00 | 1.00 | 73352 | 0 | 47422 | X | ||
| Terri S Cunliffe | ||||||||
| EVP of Oper/Asst Sec | 40.00 | 1.00 | 266398 | 0 | 87577 | X | ||
| John R Harriff | ||||||||
| Senior VP/Asst Secretary | 40.00 | 1.00 | 236007 | 0 | 10277 | X | ||
| David G Erickson | ||||||||
| VP/Asst Secretary | 40.00 | 1.00 | 210313 | 0 | 44208 | X | ||
| Kathleen Jenkins | ||||||||
| Dir Admin Srvcs/Asst Secretary | 40.00 | 1.00 | 132856 | 0 | 55436 | X | ||
| Sneha Patel | ||||||||
| Chief Information Officer | 40.00 | 1.00 | 186595 | 0 | 36298 | X | ||
| Thomas V Pluta | ||||||||
| Assoc VP of Financial Planning | 40.00 | 1.00 | 167886 | 0 | 29961 | X | ||
| Kalen Carlson | ||||||||
| Controller | 40.00 | 1.00 | 142120 | 0 | 20274 | X | ||
| Elizabeth A Malzahn | ||||||||
| Nat. Dir. - Healthcare | 40.00 | 1.00 | 142167 | 0 | 21131 | X | ||
| Robert J Wall | ||||||||
| Dir. - IT Infrastructure | 40.00 | 1.00 | 150231 | 0 | 42381 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2013806 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1333017 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 777780 | TotalOtherCompensation |
| Number Individuals GT100 K | 20 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Deloitte & Touche LLP | |||||
| PO Box 7247-6446 | Philadelphia | PA | 191706446 | Audit | 458461 |
| Erickson Papanek Peterson Rose | |||||
| 1625 Shermer Road | Northbrook | IL | 60062 | Legal Consultants | 161188 |
| MD Reynolds Consulting | |||||
| 1719 Chardonnay Lane | Brentwood | CA | 94513 | Consultants | 140000 |
| PR Newswire Association LLC | |||||
| 350 Hudson Street Suite 300 | New York | NY | 10014 | Marketing Consultants | 120052 |
| Moving Station LLC | |||||
| 100 N LaSalle Street Suite 300 | Chicago | IL | 60602 | Home Purchase Program | 118214 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| All Other Contributions | 16894 | AllOtherContributions |
| Total Contributions | 16894 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Management Fees | 561000 | 16834755 | 16834755 |
| Routine Services | 623000 | 2007405 | 2007405 |
| Entrance Fee | 623000 | 181715 | 181715 |
| Ancillary Service | 623000 | 1143 | 1143 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 19025018 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16525219 | TotalRevenueColumn |
| Exclusion | $16,525,219 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 297251 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 313469 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -16218 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -16218 | TotalRevenueColumn |
| Exclusion | -$16,218 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 26100 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 26100 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26100 | TotalRevenueColumn |
| Exclusion | $26,100 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Services to Residents | 623000 | 2374 | 2374 |
| Support Services | 623000 | 2283 | 2283 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1338462 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1338462 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1343119 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36920132 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20368137 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $16,535,101 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12550 | Total |
| Program Services | 12550 | ProgramServices |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1378029 | Total |
| Program Services | 1378029 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4661844 | Total |
| Program Services | 4416140 | ProgramServices |
| Management And General | 102621 | ManagementAndGeneral |
| Fundraising | 143083 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 526501 | Total |
| Program Services | 504569 | ProgramServices |
| Management And General | 10556 | ManagementAndGeneral |
| Fundraising | 11376 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 805689 | Total |
| Program Services | 757510 | ProgramServices |
| Management And General | 10948 | ManagementAndGeneral |
| Fundraising | 37231 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 344899 | Total |
| Program Services | 327068 | ProgramServices |
| Management And General | 7326 | ManagementAndGeneral |
| Fundraising | 10505 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69722 | Total |
| Program Services | 69722 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147469 | Total |
| Program Services | 144073 | ProgramServices |
| Management And General | 3396 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 100882 | Total |
| Program Services | 100586 | ProgramServices |
| Management And General | 296 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 510142 | Total |
| Program Services | 510142 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1880584 | Total |
| Program Services | 1832665 | ProgramServices |
| Management And General | 3900 | ManagementAndGeneral |
| Fundraising | 44019 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115765 | Total |
| Program Services | 79980 | ProgramServices |
| Fundraising | 35785 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254883 | Total |
| Program Services | 238856 | ProgramServices |
| Management And General | 14207 | ManagementAndGeneral |
| Fundraising | 1820 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3675785 | Total |
| Program Services | 3675785 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 276153 | Total |
| Program Services | 276153 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 729231 | Total |
| Program Services | 697928 | ProgramServices |
| Fundraising | 31303 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57760 | Total |
| Program Services | 55145 | ProgramServices |
| Management And General | 1730 | ManagementAndGeneral |
| Fundraising | 885 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 885090 | Total |
| Program Services | 699222 | ProgramServices |
| Management And General | 177017 | ManagementAndGeneral |
| Fundraising | 8851 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2422401 | Total |
| Program Services | 2252400 | ProgramServices |
| Management And General | 124737 | ManagementAndGeneral |
| Fundraising | 45264 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82575 | Total |
| Program Services | 82575 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Related Party Activity | 8301128 | 8193561 | 107567 |
| Admin & General | 1182980 | 1182980 | |
| Taxes | 270334 | 114404 | 155930 |
| Resident Care Services | 176327 | 176327 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 314309 | Total |
| Program Services | 224172 | ProgramServices |
| Management And General | 2121 | ManagementAndGeneral |
| Fundraising | 88016 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29183032 | Total |
| Program Services | 28002542 | ProgramServices |
| Management And General | 722352 | ManagementAndGeneral |
| Fundraising | 458138 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101 | BOY |
| EOY | 4115085 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8518778 | BOY |
| EOY | 468962 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16132 | BOY |
| EOY | 19814 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 574154 | BOY |
| EOY | 614398 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7267 | BOY |
| EOY | 7500 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2808824 | BOY |
| EOY | 3747281 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 45349837 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 11825371 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33608179 | BOY |
| EOY | 33524466 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21725557 | BOY |
| EOY | 32007451 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11498834 | BOY |
| EOY | 3201966 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40140320 | BOY |
| EOY | 49551472 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118898146 | BOY |
| EOY | 127258395 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10712550 | BOY |
| EOY | 10154029 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10852498 | BOY |
| EOY | 10121029 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23150017 | BOY |
| EOY | 37810712 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6710 | BOY |
| EOY | 414080 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68534180 | BOY |
| EOY | 54895336 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113255955 | BOY |
| EOY | 113395186 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1289848 | BOY |
| EOY | 9026948 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 344838 | BOY |
| EOY | 378714 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4007505 | BOY |
| EOY | 4457547 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5642191 | BOY |
| EOY | 13863209 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118898146 | BOY |
| EOY | 127258395 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7737100 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 483918 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type2 | X | SupportingOrg509a3Type2 |
| Certification Checkbox | X | CertificationCheckbox |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation (14 entries)
| EINEIN | Type Of OrganizationTypeOfOrganization | Listed In Governing DocListedInGoverningDoc | Supported Organization NotifiedSupportedOrganizationNotified | Organized In USOrganizedInUS | AmountAmount |
|---|---|---|---|---|---|
| Colonial Acres Home Inc | |||||
| 418041150 | 9 | 1 | 1 | 1 | $792,931 |
| Bethany Covenant Home | |||||
| 410706103 | 9 | 1 | 1 | 1 | $0 |
| Covenant Village of Florida | |||||
| 521115870 | 9 | 1 | 1 | 1 | $300,000 |
| Covenant Home Illinois | |||||
| 362643638 | 9 | 1 | 1 | 1 | $0 |
| Covenant Healthcare Centers Inc | |||||
| 521115873 | 9 | 1 | 1 | 1 | $0 |
| The Holmstad | |||||
| 362835154 | 9 | 1 | 1 | 1 | $0 |
| Covenant Home of Chicago | |||||
| 363095932 | 9 | 1 | 1 | 1 | $0 |
| Covenant Home Inc Connecticut | |||||
| 131740015 | 9 | 1 | 1 | 1 | $300,000 |
| Covenant Retirement Communities West | |||||
| 953472345 | 9 | 1 | 1 | 1 | $0 |
| Covenant Village of Colorado | |||||
| 841084331 | 9 | 1 | 1 | 1 | $0 |
| Windsor Park | |||||
| 363385581 | 9 | 1 | 1 | 1 | $0 |
| Covenant Retirement Communities of the Great Lakes Conference | |||||
| 383244636 | 9 | 1 | 1 | 1 | $0 |
| Covenant Home Services | |||||
| 260744025 | 9 | 1 | 1 | 1 | $0 |
| Covenant Retirement Services | |||||
| 272480652 | 11 | 1 | 1 | 1 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 14 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 1392931 | SumOfAmounts |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 4007505 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 463870 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -21028 | GrantsOrScholarships |
| End Of Year Balance | 4450347 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3904764 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 123480 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -20739 | GrantsOrScholarships |
| End Of Year Balance | 4007505 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3478405 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 446318 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -19959 | GrantsOrScholarships |
| End Of Year Balance | 3904764 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2752445 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 752986 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -27026 | GrantsOrScholarships |
| End Of Year Balance | 3478405 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3527337 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -729844 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 45048 | GrantsOrScholarships |
| End Of Year Balance | 2752445 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9201158 | OtherCostOrOtherBasis |
| Book Value | 9201158 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 24437158 | OtherCostOrOtherBasis |
| Depreciation | 5012396 | Depreciation |
| Book Value | 19424762 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 10498043 | OtherCostOrOtherBasis |
| Depreciation | 6760093 | Depreciation |
| Book Value | 3737950 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1213478 | OtherCostOrOtherBasis |
| Depreciation | 52882 | Depreciation |
| Book Value | 1160596 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 33524466 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Unamortized Debt & Related Expenses | 560052 |
| Other Investments | 20173765 |
| Inter-company Advance Accounts | 28817655 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 49551472 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Refundable Contract Liabilities | $2,325,188 |
| Accrued Taxes & Employee Benefits | $495,567 |
| Other Liabilities | $52,074,581 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 54895336 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part IV, Line 2b: | Part IV, line 2b: Resident Entrance Fee Account: Prospective residents pay an application fee deposit which is carried in an escrow account. At move in, the deposit is applied against the total entrance fee amount and the remainder of the money is collected and put in this account. At the end of the month the resident has moved in, all money is transferred out of the escrow account. | |
| Part V, Line 4: | The Brandel Endowment Fund is used for resident care at one of the CRC campuses. | Description of Intended Use of Endowment Funds: |
| Part X, Line 2: | A FIN 48 footnote was included in the consolidated audited financial statements of Covenant Retirement Communities, Inc. and affiliates which states: "Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Retirement Communities and recognize a tax liability if the Retirement Communities have taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. Management has analyzed the tax positions taken by the Retirement Communities and has concluded that as of January 31, 2013, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements. The Retirement communities are subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Retirement Communities believe they are no longer subject to U.S. federal, state, and local, or non-U.S. income tax examinations by tax authorities for years before 2010." | Description of Uncertain Tax Positions Under FIN 48: |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Swedish Covenant Hospital | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5145 N California Ave | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60625 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | 501(c)(3) | IRCSection |
| Amount Of Cash Grant | 5000 | AmountOfCashGrant |
| Purpose Of Grant | Benefit Gala | PurposeOfGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Grants and donation requests and proposals are brought to Covenant Retirement Communities'(CRC) management. The management then brings requests and proposals deemed appropriate to the CRC Board for approval, if significant. A check goes out after the appropriate level of approval is received. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| David A Dwight | ||||||||||||||
| Ex-Officio | 0 | 503155 | 0 | 0 | 0 | 78125 | 0 | 102125 | 0 | 27278 | 0 | 710683 | 0 | 0 |
| Rick K Fisk | ||||||||||||||
| Ex-Officio/President | 0 | 412768 | 0 | 91770 | 0 | 89727 | 0 | 38852 | 0 | 22240 | 0 | 655357 | 0 | 0 |
| Gary Walter | ||||||||||||||
| Ex-Officio | 0 | 157472 | 0 | 0 | 0 | 0 | 0 | 28402 | 0 | 89166 | 0 | 275040 | 0 | 0 |
| Elizabeth B Buikema | ||||||||||||||
| Senior VP/CFO/Treasurer | 212825 | 0 | 31980 | 0 | 31751 | 0 | 35157 | 0 | 30947 | 0 | 342660 | 0 | 0 | 0 |
| Terri S Cunliffe | ||||||||||||||
| EVP of Oper/Asst Sec | 198566 | 0 | 32000 | 0 | 35832 | 0 | 72711 | 0 | 17477 | 0 | 356586 | 0 | 0 | 0 |
| John R Harriff | ||||||||||||||
| Senior VP/Asst Secretary | 47175 | 0 | 16064 | 0 | 172768 | 0 | 632 | 0 | 12256 | 0 | 248895 | 0 | 24946 | 0 |
| David G Erickson | ||||||||||||||
| VP/Asst Secretary | 155845 | 0 | 29129 | 0 | 25339 | 0 | 23153 | 0 | 26818 | 0 | 260284 | 0 | 0 | 0 |
| Kathleen Jenkins | ||||||||||||||
| Dir Admin Srvcs/Asst Secretary | 82597 | 0 | 7500 | 0 | 42759 | 0 | 37065 | 0 | 21041 | 0 | 190962 | 0 | 11185 | 0 |
| Sneha Patel | ||||||||||||||
| Chief Information Officer | 149961 | 0 | 5000 | 0 | 31634 | 0 | 23635 | 0 | 15077 | 0 | 225307 | 0 | 14939 | 0 |
| Thomas V Pluta | ||||||||||||||
| Assoc VP of Financial Planning | 133200 | 0 | 5000 | 0 | 29686 | 0 | 22488 | 0 | 13471 | 0 | 203845 | 0 | 0 | 0 |
| Kalen Carlson | ||||||||||||||
| Controller | 112329 | 0 | 5000 | 0 | 24791 | 0 | 11945 | 0 | 11602 | 0 | 165667 | 0 | 0 | 0 |
| Elizabeth A Malzahn | ||||||||||||||
| Nat. Dir. - Healthcare | 121167 | 0 | 10000 | 0 | 11000 | 0 | 2267 | 0 | 19914 | 0 | 164348 | 0 | 0 | 0 |
| Robert J Wall | ||||||||||||||
| Dir. - IT Infrastructure | 110649 | 0 | 0 | 0 | 39582 | 0 | 34785 | 0 | 10863 | 0 | 195879 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part I, Line 1a | Part I, Line 1a: The following are available benefits and are treated as taxable compensation: - Travel for companion paid for one (1) senior-level employee. - Health club dues paid for seven (7) senior-level employees. | |
| Part I, Line 3 | Part I, Line 3: See Schedule O explanation for Form 990 Part VI Section B Line 15 for the methods used to determine CEO compensation. | |
| Part I, Lines 4a-b | Part I, Lines 4a-b: Part I, Line 4a: John R. Harriff, an officer and Senior Vice President of Covenant Retirement Communities, Inc. (CRC) until February 2012 received $132,525 severance payment from CRC. Part I, Line 4b: Executive Benefit Plan Covenant Ministries of Benevolence (CMB) provides certain supplemental retirement benefits to its officers and key employees. These benefits are provided through a nonqualified deferred compensation plan, under which a portion of the benefits being earned are subject to a "substantial risk of forfeiture." The supplemental retirement benefits are structured to provide a retention incentive that has been determined by the Compensation Committee of CMB's Board to be of substantial value to the organization. The Committee approves all retirement benefits, together with all other forms of compensation and benefits for these and other executives, in a manner intended to qualify for the rebuttable presumption of reasonableness under the intermediate sanctions rules of federal income tax law. The following listed individuals participated in the Executive Benefit Plan: David Dwight - $78,482.61 Rick Fisk - $61,269.96 Elizabeth Buikema - $24,608.58 Steven P. Anderson - $19,987.26 John R. Harriff - $11,783.44 Terri Cunliffe - $21,899.90 David Erickson - $21,270.98 Kathleen Jenkins - $10,789.45 Moraine Byrne - $18,560.00 Sneha Patel - $15,593.50 Thomas Pluta - $19,065.33 Robert Wall - $15,753.50 Kalen Carlson - $13,578.10 | |
| Part I, Line 7 | Part I, Line 7: The following applies to certain individuals listed on Part VII whose compensation is paid from related organizations: The Executive Compensation Committee (the "Committee") follows a prescribed method for calculating bonuses. The calculation is based on measurable targets determined at the beginning of the year. The Committee has the ability to adjust the dollar value of the calculated awards by up to 10%. The adjustment can be an upward or downward adjustment based on various performance factors. Refer to additional information on the Committee included in Schedule O. | |
| Part III | Part II, Column B (i): Base compensation for certain individuals may include payments from deferred compensation plans. Part II, Column B (ii): Bonus and incentive compensation - Certain key persons employed by CRC are eligible for incentive compensation as determined by the CRC Board Compensation Committee. Incentives paid in 2012 relate to the achievement of targets for the fiscal year ended 1/31/2012. Part II, Column C: Deferred compensation includes an estimate of the contribution made to an employer sponsored defined benefit pension plan. Part II, Column D: Nontaxable benefits include health insurance premiums paid by the employer and employee. | Supplemental Information |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| Illinois Finance Authority | ||||||||
| A | 861091967 | 000000000 | 2011-12-14 | 59165000 | See Part VI | 0 | 0 | 0 |
| Colorado Health Facilities Authority | ||||||||
| B | 840752932 | 196474ZS9 | 2005-08-05 | 149845454 | See Part VI | 0 | 0 | 0 |
| Colorado Health Facilities Authority | ||||||||
| C | 840752932 | 19648AZM0 | 2012-09-06 | 154966180 | See Part VI | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 640000 | 59167012 | 800459 | 6400943 | 51963598 | 2012 | 1 | 0 | 1 | 1 | ||
| B | 25335000 | 149290577 | 2429078 | 134547402 | 2009 | 0 | 0 | 1 | 1 | 12312088 | ||
| C | 154760664 | 2447778 | 6414247 | 117591400 | 1 | 0 | 0 | 1 | 14905878 | 13401361 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 1 | 1 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
| B | 0 | 0 | 1 | 1 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
| C | 0 | 0 | 1 | 1 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | 0 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 0 |
| B | 0 |
| C | 0 |
Form990 Schedule K Part VI Form990ScheduleKPartVI (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Schedule K Part IV, Arbitrage, Line 2c | Date Rebate Computation Performed | Issuer Name: Illinois Finance Authority Date the Rebate Computation was Performed: 12/31/2012 Issuer Name: Colorado Health Facilities Authority Date the Rebate Computation was Performed: 12/31/2010 |
| Part I, Row A, Column F | Description of Purpose: | Borrowings were used, along with other funds, to (1) retire $53,285,000 of other variable rate debt recorded on the balance sheets of wholly owned subsidiaries of CRC (2) to pay debt issuance costs of $800,459 and (3) to fund capital projects of $6,401,003 for certain wholly owned subsidiaries of CRC. |
| Part I, Row B, Column F | Description of Purpose: | Borrowings were used to (1) construct and equip residential living buildings for six wholly owned subsidiaries of CRC (2) to pay debt issuance costs of $2,429,078 and to fund required bond reserves. |
| Part I, Row C, Column F | Description of Purpose: | Borrowings were used, along with other funds, to (1) retire $131,220,000 of previously issued debt recorded on the balance sheets of wholly owned subsidiaries of CRC (2) to pay debt issuance costs of $2,447,778 and (3) construct and equip residential and healthcare facilities for certain wholly owned subsidiaries of CRC. |
| Part II, Line 3, Column A | Total Proceeds of Issue: | The amount in Line 3 does not equal the amount in Part I, Row A, Col E because of investment earnings on reserves. |
| Part II Line 3 Column B | Total Proceeds of Issue: | The amount in Line 3 does not equal the amount in Part I, Row B, Col E because CRC redeemed and retired $12,650,000 of the 2005 Bonds, which reduced the amount required to be held in the debt service reserve fund. The amount in excess of the reserve fund requirement was used to redeem and retire a portion of the 2005 Bonds. Additionally, investment earnings on the reserve fund were transferred to the bond sinking fund and bond interest fund to pay principal and interest on the 2005 Bonds. |
| Part II Line 3 Column C | Total Proceeds of Issue: | The amount in Line 3 does not equal the amount in Part I, Row C, Col E because of unrealized investment losses on reserves. |
| Part II Line 16 Column C | Final Allocation of Proceeds: | The final allocation of proceeds to wholly owned subsidiaries of CRC has not been made as of January 31, 2013. |
| Part III, Line 9 & Part IV. Line 7 | Written Procedures: | CRC does not have established written procedures but is in the process of developing documentation. |
| Part IV, Line 2a, Column C | Rebate: | A rebate calculation has not been completed as it is not due. |
| Part V | Procedures to Undertake Corrective Action: | CRC does not have a established written procedures regarding corrective action, but CRC has adequate practices in place to prevent a need for corrective action. CRC is working on developing written procedures. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Grant Erickson | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | See Part V | Relationship |
| Amount Of Transaction | 161188 | AmountOfTransaction |
| Description Of Transaction | See Part V | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Sch L Part IV (b) and (d) | Identifier |
| Return Reference | Business Transactions Involving Interested Persons | ReturnReference |
| Explanation | a) Name of Person: Grant Ericksonb) Relationship Between Interested Person and Organization: Familymember of David Erickson (Vice President & Assistant Secretary)c) Amount of Transaction: $161,188d) Description of Transaction: Partner in a law firm that provideslegal counsel to the organization. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Mission Statement: | Form 990 - Part III - Line 1 | As a ministry of the Evangelical Covenant Church, Covenant Retirement Communities celebrates God's gift of life in Christian community. We follow the Great Commandment to love and serve God and one another as taught by Jesus Christ. That compels us to affirm the dignity of each person and to pursue excellence and financial integrity in all that we do. As we provide a broad range of resources, services and programs to enhance individual and community wellness, we collaborate with residents and families to achieve the best possible results. While seeking to foster independence, we respond to each individual's evolving needs in order to provide the security that assures peace of mind. CRC, Inc. is organized and operated for the benefit of, and to plan and support the charitable purposes of, several continuing care retirement communities, all nonprofit organizations, consisting of residential living, assisted living facilities, and skilled nursing homes, as well as other senior services organizations and services. In addition to the program service accomplishments of each organization, Covenant Retirement Communities, Inc., provided $6,091,906 of free or discounted services to those residents unable to pay all or a portion of their charges, and who meet certain eligibility requirements. |
| Form 990, Part VI, Section A, line 6 | The members are the individual members of the Board of Benevolence. | |
| Form 990, Part VI, Section A, line 7a | The individual members of the Board of Benevolence elect the CRC Board of Directors. | |
| Form 990, Part VI, Section A, line 7b | S 2.4 of Bylaws include reserved powers to the members such as appointment of president of Covenant Retirement Communities, Inc. (CRC), changes to mission and strategic plan, approval of certain acquisitions, dispositions and financings, changes to articles and bylaws. | |
| Form 990, Part VI, Section B, line 11 | Management Review: The draft Form 990 was reviewed by multiple levels of management including the President of CRC, the Vice President of Finance/CFO and the Vice President of Legal Affairs. Board Review: Prior to filing, key provisions of the Form were discussed with the Board of Directors at the Board meeting and the final Form 990 was provided to each Board member. | |
| Form 990, Part VI, Section B, line 12c | Covenant Retirement Communities, Inc. (CRC) has an Administrative Policy on conflict of interest, identifying the parameters of a conflict of interest and the requirement to disclose any such conflict of interest. Each January, the CRC policy is distributed to CRC board members and officers. They are asked to sign acknowledging receipt of the policy and to disclose if they have any conflict of interests. If someone is absent from the meeting or fails to return the acknowledgment, there is a follow-up with the individual until the signed acknowledgment is provided. In addition to the above, a separate and more comprehensive questionnaire is sent to the board members, officers, key employees and other interested persons. The completed questionnaires are reviewed by CRC's legal counsel to determine if any actual or potential conflicts exist. If a person becomes an interested person, he or she may be considered in determining whether a quorum is present. The interested person may make a short statement relating to the transaction or arrangement in question, but shall not be present during the discussion and shall not vote on the motion addressing the actual or potential conflict. | |
| Form 990, Part VI, Section B, line 15 | CRC's Board of Directors has duly appointed an Executive Compensation Committee (the "Committee"), which is responsible for the review and approval of all compensation and benefits provided to CRC's executive management. The Committee has adopted a written Executive Compensation Philosophy Statement and an Executive Compensation Committee Charter governing the work and review process of the Committee. The Committee follows the procedures described in the Philosophy Statement and the Charter when it reviews and approves the compensation and employee benefits provided to the CRC's senior management. The Committee's review analyzes every element of compensation, including current and deferred compensation, and benefits, including qualified and non-qualified benefits. The Committee conducts its review and approval process at least annually, and approves compensation and benefits only to the extent that the Committee has concluded that the compensation and benefits constitute no more than reasonable compensation for each executive. The Committee consists entirely of disinterested members of the Board, and the Committee works with an independent compensation consultant to prepare and review in advance comprehensive data showing the compensation provided by similarly situated organizations for functionally similar positions. The Committee also prepares a timely and thorough written record of its deliberations and conclusions. As a result, the Committee's review process is designed to satisfy the procedural criteria necessary to qualify for the rebuttable presumption of reasonableness under the federal income tax law intermediate sanctions rules. The resources utilized by the compensation Committee include: 1) independent compensation consultant; 2) written employment contract; 3) compensation survey or study; 4) approval by the board or compensation committee. | |
| Form 990, Part VI, Section C, line 18 | Form 990, Part VI, Section C, Line 18: A copy of the organization's Form 990 is available upon request by contacting the CRC accounting department at 773-878-5744. | |
| Form 990, Part VI, Section C, line 19 | Form 990, Part VI, Section C, Line 19: The governing documents, conflict of interest policy and financial statements are available upon request by contacting the CRC accounting department at 773-878-5744. | |
| Related Organizations: | Form 990 - Part VII - Section A Column B | Officers and Directors devote approximately 1 hour per week to related organizations except for those individuals that are employees of these related organizations; those individuals devote approximately 40 hours to the organizations at which they are employed. |
| Changes in Net Assets or Fund Balances: | Form 990, Part XI, line 9: | Change in Temporarily Restricted Net Assets not included on Income Stmnt 33,876. Change in Permanently Restricted Net Assets not included on Income Stmnt 450,042. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Estates of Windsor Park | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5700 Old Orchard Road | AddressLine1 |
| City | Skokie | City |
| State | IL | State |
| ZIP Code | 60077 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363478388 | EIN |
| Primary Activities | Residential Senior Services | PrimaryActivities |
| Legal Domicile State | IL | LegalDomicileState |
| Total Income | 3128025 | TotalIncome |
| EOY Assets | 26654037 | EOYAssets |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Evangelical Covenant Church | |||||||||||
| 8303 West Higgins Road | Chicago | IL | 60631 | 362167730 | Church | IL | 501(c)(3) | Line 1 | N/A | 0 | |
| Swedish Covenant Faculty Group (SCFG) | |||||||||||
| 5145 North California Avenue | Chicago | IL | 60625 | 363686216 | Patient Treatment/Education | IL | 501(c)(3) | Line 11a, I | 0 | Swedish Covenant Hospital | |
| Swedish Covenant Hospital | |||||||||||
| 5145 North California Avenue | Chicago | IL | 60625 | 362179813 | Hospital | IL | 501(c)(3) | Line 3 | 0 | Covenant Ministries of Benevolence | |
| Swedish Covenant Hospital Foundation (SCHF) | |||||||||||
| 5145 North California Avenue | Chicago | IL | 60625 | 205055155 | Supporting Organization of SCH | IL | 501(c)(3) | Line 7 | 0 | Swedish Covenant Hospital | |
| SC Insurance Company | |||||||||||
| 6970 E Chauncey Lane Suite 100 | Phoenix | AZ | 85054 | 273312053 | Insurance | AZ | 501(c)(3) | Line 11a, I | 0 | Swedish Covenant Hospital | |
Form990 Schedule R Part III Form990ScheduleRPartIII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner |
|---|---|---|---|---|---|---|---|---|---|---|
| Coast Asset Management LLC | ||||||||||
| 2450 Colorado Ave Suite 100 E Tower | Santa Monica | CA | 90404 | 954763400 | Hedge Fund Investment | CA | N/A | N/A | 0 | 0 |
| Covenant Village of Portland LP | ||||||||||
| 420 NE Mason St | Portland | OR | 97211 | 364356838 | Assisted Living Community | OR | N/A | N/A | 0 | 0 |
| Swedish Covenant Surgery LLC | ||||||||||
| 5215 N California Avenue | Chicago | IL | 60625 | 272485300 | Outpatient Medical Services | IL | N/A | N/A | 0 | 0 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | CountryAddressForeign/Country | Primary ActivityPrimaryActivity | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Direct Controlling Entity NADirectControllingEntityNA | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Legal Domicile StateLegalDomicileState | Type Of EntityTypeOfEntity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Covenant International Insurance Company Ltd | ||||||||||||||
| Crawford House 50 Cedar Avenue | Hamilton | BD | Insurance | BD | N/A | 0.50000 | 0 | |||||||
| Covenant Trust Company | ||||||||||||||
| Financial Services | N/A | 0 | 5215 Old Orchard Road Suite 725 | Skokie | IL | 60077 | 363583163 | IL | C | |||||
| Swedish Covenant Management Services Inc (SCMS) | ||||||||||||||
| Physician Practice Management | N/A | 0 | 5145 North California Avenue | Chicago | IL | 60625 | 364073303 | IL | C | |||||
| Swedish Covenant Managed Care Alliance (SCMCA) | ||||||||||||||
| Physician - Hospital Organization | N/A | 0 | 2740 West Foster Avenue Suite 409 | Chicago | IL | 60625 | 364118659 | IL | C | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (36 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| Colonial Acres Home Inc | |
| P | 2087586 |
| Colonial Acres Home Inc | |
| Q | 528413 |
| Colonial Acres Home Inc | |
| B | 637208 |
| Bethany Covenant Home | |
| P | 66783 |
| Bethany Covenant Home | |
| Q | 107732 |
| Covenant Village of Florida | |
| P | 4707119 |
| Covenant Village of Florida | |
| Q | 448275 |
| Covenant Village of Florida | |
| B | 300000 |
| Windsor Park | |
| P | 4799683 |
| Windsor Park | |
| Q | 1227583 |
| Covenant Home Illinois | |
| P | 3527937 |
| Covenant Home Illinois | |
| Q | 11421 |
| The Holmstad | |
| P | 5457244 |
| The Holmstad | |
| Q | 324927 |
| Covenant Healthcare Centers | |
| P | 2806846 |
| Covenant Healthcare Centers | |
| A | 458726 |
| Covenant Home of Chicago | |
| Q | 287426 |
| Covenant Home of Chicago | |
| Q | 160868 |
| Covenanat Home Inc | |
| P | 1265928 |
| Covenanat Home Inc | |
| Q | 369722 |
| Covenanat Home Inc | |
| B | 300000 |
| Covenant Retirement Communities West | |
| P | 1372772 |
| Covenant Retirement Communities West | |
| Q | 3508465 |
| Covenant Retirement Communities of the Great Lakes Conference | |
| Q | 258833 |
| Covenant Retirement Communities of the Great Lakes Conference | |
| Q | 175345 |
| Covenant Retirement Services | |
| P | 758565 |
| Covenant Retirement Services | |
| Q | 263707 |
| Covenant Retirement Services | |
| A | 60000 |
| Covenant Housing Corporation | |
| P | 53194 |
| Covenant Home Services | |
| O | 2142897 |
| Covenant Home Services | |
| Q | 743732 |
| Covenant Ministries of Benevolence | |
| M | 2073060 |
| Covenant Ministries of Benevolence | |
| L | 80885 |
| Covenant Ministries of Benevolence | |
| Q | 98269 |
| Covenant Ministries of Benevolence | |
| P | 2503328 |
| Covenant Ministries of Benevolence | |
| S | 15080986 |