2025-08-14T06:45:04-05:00 2024-09-30 331498605 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-10-01 363486813 COVENANT MINISTRIES OF BENEVOLENCE COVE 7739891610 4055 W PETERSON AVE 106 CHICAGO IL 60646 SCOTT HANSON VP OF FINANCE 7739891610 2025-08-08 1 1 SAMANTHA L BECKER P01344887 3122071040 2025-08-08 2023 2025-03-06 01:10:19Z SCOTT HANSON 4055 W PETERSON AVE 106 CHICAGO IL 60646 6293110 0 2650 X WWW.CMB.ORG X 1986 IL TO SUPPORT ORGANIZATIONS SERVING THE SICK, DISABLED, AGING, POOR AND VULNERABLE. 18 15 12 19 279712 250723 738050 872368 2778721 3159448 1819501 1818301 426162 442993 5762434 6293110 842018 1032144 0 0 1261832 1464589 0 0 0 2510602 2603675 4614452 5100408 1147982 1192702 53871214 59745617 6380033 5633927 47491181 54111690 X 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. 0 0 3487528 1032144 3602441 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). THE SERVICES PROVIDED TO THESE ORGANIZATIONS ASSISTS THEM IN CARRYING OUT THEIR MISSIONS OR EXEMPT FUNCTIONS. THE AFFILIATES FOR WHICH COVENANT MINISTRIES OF BENEVOLENCE PROVIDES THESE SERVICES INCLUDE THE FOLLOWING ORGANIZATIONS:- EMC HEALTH, INC. FEIN 94-2281314;- COVENANT INITIATIVES FOR CARE, INC. FEIN 27-1841721;- COVENANT ENABLING RESIDENCES OF ILLINOIS FEIN 36-3731196; - COVENANT ENABLING RESIDENCES OF MICHIGAN, INC. FEIN 38-3495889; - COVENANT ENABLING RESIDENCES OF MINNESOTA FEIN 41-1879965; - COVENANT ENABLING RESIDENCES OF FLORIDA, INC. FEIN 59-3399402; - ADELBROOK, INC. FEIN 06-0646920; - COVENANT CHILDREN'S HOME AND FAMILY SERVICES FEIN 36-2167043; - COVENANT LIVING COMMUNITIES, INC. FEIN 36-3478388 AND ITS AFFILIATES: - COVENANT LIVING OF GOLDEN VALLEY, INC. FEIN 41-0841150; - COVENANT LIVING OF FLORIDA, INC. FEIN 52-1115870; - COVENANT HOME ILLINOIS FEIN 36-2643638; - COVENANT HEALTHCARE CENTERS FEIN 52-1115873; - COVENANT LIVING AT THE HOLMSTAD FEIN 36-2835154; - COVENANT HOME OF CHICAGO FEIN 36-3095932; - COVENANT LIVING OF CROMWELL, INC. FEIN 13-1740015; - COVENANT LIVING WEST FEIN 95-3472345; - COVENANT LIVING OF COLORADO, INC. FEIN 84-1084331; - COVENANT LIVING OF THE GREAT LAKES FEIN 38-3244636; - COVENANT LIVING AT WINDSOR PARK FEIN 36-3385581; - COVENANT LIVING SERVICES FEIN 27-2480652; - COVENANT LIVING OF GENEVA FEIN 84-3227613; - TULSA HILLS COMMUNITY, INC. FEIN 84-2854729; - THREE CROWNS PARK FEIN: 36-2030089; - THREE CROWNS FOUNDATION FEIN: 20-1060468; - COVENANT LIVING OF KEENE FEIN: 87-3525712; - COVENANT LIVING AT SHANNONDALE FEIN: 62-0698709 3487528 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 14 0 1 12 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X SCOTT HANSON 7739891610 C/O CMB 4055 W PETERSON AVE STE 106 CHICAGO IL 60646 SCOTT HANSON SVP OF FINANCE 40.00 0.10 X X 206506 0 33913 TODD SLECHTA EX-OFFICIO/PRESIDENT OF CMB & CIC 40.00 2.30 X X 305126 0 59996 TAMMY SWANSON-DRAHEIM DIRECTOR/EX-OFFICIO/ECC PRES 0.10 42.30 X X 0 108641 105500 MARY PALMER DIRECTOR/CHAIR 0.10 2.30 X X 0 0 0 CURT ANDERSON DIRECTOR/VICE CHAIR 0.10 0.00 X X 0 0 0 DARRYL JOHNSON DIRECTOR/SECRETARY 0.10 0.00 X X 0 0 0 ARTHUR B DEROOY DIRECTOR/TREASURER 0.10 2.30 X X 0 0 0 HILARY APPLEQUIST DIRECTOR - PART YEAR 0.10 0.00 X 0 0 0 BILL CLARK DIRECTOR 0.10 0.00 X 0 0 0 WILL DAVIDSON DIRECTOR/EX-OFFICIO 0.10 0.00 X 0 0 0 SCOTT DENNIS DIRECTOR/EX-OFFICIO - PART YEAR 0.10 0.00 X 0 0 0 TRACY HILTS DIRECTOR 0.10 0.00 X 0 0 0 CYNDI HOFFMAN DIRECTOR/EX-OFFICIO 0.10 40.00 X 0 0 0 BEN MOORE DIRECTOR 0.10 0.00 X 0 0 0 TRAVIS NORDSTROM DIRECTOR 0.10 0.00 X 0 0 0 SUSAN C POSTON DIRECTOR 0.10 0.00 X 0 0 0 KAREN RYDELL DIRECTOR - PART YEAR 0.10 0.00 X 0 0 0 LINDA SCHOONOVER DIRECTOR - PART YEAR 0.10 0.00 X 0 0 0 KECIA STROOT DIRECTOR 0.10 0.00 X 0 0 0 SEMMEAL THOMAS DIRECTOR 0.10 0.00 X 0 0 0 TIFFINE WATTS DIRECTOR 0.10 0.00 X 0 0 0 GREG YEE DIRECTOR/EX-OFFICIO 0.10 0.00 X 0 0 0 LINDA STUHMER ASST. SEC., SVP AND GENERAL COUNSEL 40.00 0.00 X 0 402543 66876 MARIT JOHNSON AWES ASSISTANT SECRETARY 40.00 0.00 X 113344 0 29230 KATIE PAGANI ASSISTANT SECRETARY 40.00 0.00 X 83194 0 2493 DAVID BOGGS EXECUTIVE DIRECTOR 40.00 0.00 X 126999 0 16471 RON ANDERSON ACCOUNTING MANAGER 40.00 0.00 X 128930 0 27884 DANA NORTON CAMPUS EXECUTIVE DIRECTOR 40.00 0.00 X 109123 0 0 1073222 511184 342363 6 0 1 0 0 872368 872368 MANAGEMENT SERVICES 561000 3159448 3159448 3159448 1013069 279712 733357 805232 0 805232 805232 805232 PENSION FUND REVENUE 561000 425000 425000 OTHER INCOME 561000 17993 17993 442993 6293110 3602441 279712 1538589 1032144 1032144 849009 849009 484244 484244 -1974 -1974 73043 73043 60267 23831 36436 1754500 1754500 211423 211423 1305 1305 112036 112036 660 660 8202 8202 16875 16875 76330 76330 13406 13406 69206 69206 1728 1502 226 134595 134595 CLOSING COSTS 137681 137681 UBI TAX EXPENSE 40000 40000 RENTAL EXPENSE 15866 15866 OTHER DEPT EXPENSES 9862 9862 5100408 3487528 1612880 0 1681671 386427 551703 674306 72229 92180 1762703 2283659 1230877 435356 801544 795521 24014890 26432269 21224383 25284215 3762091 3797040 53871214 59745617 7817 36573 6372216 5597354 6380033 5633927 X 3562949 3662452 43928232 50449238 47491181 54111690 53871214 59745617 X 1192702 6899807 -1472000 X 0 0 0 X X 1 EVANGELICAL COVENANT CHURCH 362167730 1 1 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 PART IV, SECTION A, LINE 6: REFER TO SCHEDULE I FOR GRANTS MADE TO OTHER ORGANIZATIONS WHICH FURTHER THE MISSION OF THIS ORGANIZATION. PART IV, SECTION B, LINE 2: CMB PROVIDES SUPPORT TO THE AFFILIATES AS LISTED ON THE FORM 990, PART III, LINE 4A (AND CONTINUED ON SCHEDULE O) WHICH FURTHER THE MISSION OF THIS ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 795000 795000 117070 117070 0 318807 318286 521 795521 MORTGAGES 268369 F DOMESTIC EQUITY 11667056 F INTERNATIONAL EQUITY 7683712 F HEDGE FUNDS & DERIVATIVES 4742273 F PRIVATE EQUITY 922805 F 25284215 OTHER INVESTMENTS 2154223 SELF INSURANCE RESERVE - WORKERS COMPENSATION 1642817 3797040 OTHER CURRENT LIABILITIES 1037123 RELATED COMPANY PAYABLE 4560231 5597354 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS N/A 31480632 0 0 0 0 0 0 31480632 0 31480632 1 0 1 1 1 0 SCHEDULE F, PART IV: COVENANT MINISTRIES OF BENEVOLENCE IS THE CUSTODIAN OF POOLED INVESTMENTS. THE AMOUNTS REPORTED ON SCHEDULE F IS THE GROSS AMOUNT WHICH IS EVENTUALLY ALLOCATED TO OTHER RELATED TAX-EXEMPT ENTITIES. AS A RESULT, THE AMOUNT OF FOREIGN INVESMENTS REPORTED ON SCHEDULE F IS GREATER THAN THE AMOUNT REPORTED ON 990, PART X, LINE 12. 1 COVENANT HOME SERVICES 125 N BROADWAY SUITE 1A 1B TURLOCK CA 95380 260744025 501(C)(3) 89000 0 N/A N/A GRANTS FOR SENIORS SWEDISH HOSPITAL FOUNDATION 5145 N CALIFORNIA AVENUE CHICAGO IL 60625 205055155 501(C)(3) 10000 0 N/A N/A BENEFIT GALA/FUNDRAISING ADELBROOK INC 60 HICKSVILLE ROAD CROMWELL CT 06416 060646920 501(C)(3) 7000 0 N/A N/A SPONSORSHIPS CENTER FOR HUMAN SERVICES 2000 WEST BRIGGSMORE AVE SUITE 1 MODESTO CA 95350 941725620 501(C)(3) 20000 0 N/A N/A GRANTS FOR SENIORS COMMUNITY HOSPICE INC 4368 SPYRES WAY MODESTO CA 95356 942638213 501(C)(3) 50000 0 N/A N/A GRANTS FOR SENIORS UNITED SAMARITANS FOUNDATION 220 S BROADWAY TURLOCK CA 95380 770393321 501(C)(3) 100000 0 N/A N/A GRANTS FOR SENIORS COVENANT LIVING OF TURLOCK (BRANDEL MANOR) 2125 N OLIVE AVENUE TURLOCK CA 95382 953472345 501(C)(3) 50000 0 N/A N/A GRANTS FOR SENIORS COVENANT ENABLING RESIDENCES OF ILLINOIS 15841 TERRACE DRIVE OAK FOREST IL 60452 363731196 501(C)(3) 13825 0 N/A N/A GENERAL ASSISTANCE LOVE STANISLAUS COUNTY INC 909 14TH STREET MODESTO CA 95354 471989572 501(C)(3) 100000 0 N/A N/A GRANTS FOR SENIORS THE ALLIANCE FOR COMMUNITY WELLNESS DBA LA FAMILIA 24301 SOUTHLAND DRIVE 300 HAYWARD CA 94545 942297155 501(C)(3) 100000 0 N/A N/A GRANTS FOR SENIORS COMMUNITY HOSPICE FOUNDATION 4368 SPYRES WAY MODESTO CA 95356 770562224 501(C)(3) 72000 0 N/A N/A GRANTS FOR SENIORS THE SALVATION ARMY TURLOCK CORPS 893 LANDER AVENUE TURLOCK CA 95380 941156347 501(C)(3) 65000 0 N/A N/A GRANTS FOR SENIORS NORTH PARK UNIVERSITY 3225 FOSTER AVENUE CHICAGO IL 60625 361557840 501(C)(3) 7500 0 N/A N/A SPONSORSHIPS TRANSFORM CAPITAL LLC 31110 N REIGATE LANE LIBERTYVILLE IL 60048 853613051 501(C)(3) 250000 0 N/A N/A GENERAL ASSISTANCE 14 0 PART I, LINE 2: GRANTS AND DONATION REQUESTS AND PROPOSALS ARE BROUGHT TO COVENANT MINISTRIES OF BENEVOLENCE (CMB) MANAGEMENT BY THE AFFILIATE'S BOARDS AND SENIOR MANAGEMENT. THE MANAGEMENT THEN BRINGS REQUESTS AND PROPOSALS DEEMED APPROPRIATE TO THE CMB BOARD FOR APPROVAL. A CHECK GOES OUT TO THE AFFILIATE AFTER THE APPROVAL FROM THE BOARD OF BENEVOLENCE IS RECEIVED. X X X X 0 1 0 0 0 0 0 1 0 LINDA STUHMER ASST. SEC., SVP AND GENERAL COUNSEL 0 269482 0 31879 0 101182 0 9900 0 56976 0 469419 0 0 TODD SLECHTA EX-OFFICIO/PRESIDENT OF CMB & CIC 266345 0 0 0 38781 0 35136 0 26493 0 366755 0 4369 0 SCOTT HANSON SVP OF FINANCE 159076 0 26779 0 20651 0 20470 0 13443 0 240419 0 4548 0 TAMMY SWANSON-DRAHEIM DIRECTOR/EX-OFFICIO/ECC PRES 0 108641 0 0 0 0 0 27500 0 78000 0 214141 0 0 RON ANDERSON ACCOUNTING MANAGER 97206 0 12462 0 19262 0 4147 0 23897 0 156974 0 0 0 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. THE REVIEW AND APPROVAL PROCESS IS DESIGNED TO SATISFY AND QUALIFY FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS UNDER THE INTERNAL REVENUE CODE SECTION 4958. 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 EXECUTIVE COMPENSATION COMMITTEE OF CMB'S BOARD ("COMMITTEE") 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 COMMITTEE HAS DETERMINED THAT TOTAL COMPENSATION FOR EACH SUCH EXECUTIVE IS REASONABLE. THE FOLLOWING ARE PARTICIPANTS IN THE PLAN: SCOTT HANSON TODD SLECHTA LINDA STUHMER IN 2023, THESE INDIVIDUALS VESTED IN THE PLAN IN THE FOLLOWING AMOUNTS: TODD SLECHTA - $4,369 LINDA STUHMER - $35,067 IN 2023, SCOTT HANSON RECEIVED DISTRIBUTIONS OF $4,548 FROM THE PLAN. PART I, LINE 7 THE COMMITTEE FOLLOWS A PRESCRIBED METHOD FOR CALCULATING INCENTIVE COMPENSATION AWARDS. 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 OR ON FACTORS THAT WILL ASSURE THAT FINAL INCENTIVE COMPENSATION AWARDS ARE IN THE BEST INTEREST OF THE ORGANIZATION AND APPROPRIATELY REFLECT THE PERFORMANCE OF THE ORGANIZATION. REFER TO ADDITIONAL INFORMATION ON THE COMMITTEE INCLUDED IN SCHEDULE O. PART II, COLUMN B (II): BONUS AND INCENTIVE COMPENSATION - CERTAIN KEY PERSONS EMPLOYED BY CMB ARE ELIGIBLE FOR INCENTIVE COMPENSATION AS DETERMINED BY THE EXECUTIVE COMPENSATION COMMITTEE. INCENTIVES RELATED TO THE ACHIEVEMENT OF TARGETS FOR THE TWELVE-MONTHS ENDED 9/30/23 WERE PAID OUT IN 2023. PART II, COLUMN D: NONTAXABLE BENEFITS INCLUDE HEALTH INSURANCE PREMIUMS PAID BY THE EMPLOYER AND EMPLOYEE. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER IS EVANGELICAL COVENANT CHURCH (ECC). FORM 990, PART VI, SECTION A, LINE 7A APPOINTED DELEGATES OF THE EVANGELICAL COVENANT CHURCH ELECT THE BOARD OF DIRECTORS IN ADDITION TO THOSE WHO SERVE AS EX-OFFICIO. FORM 990, PART VI, SECTION A, LINE 7B BYLAWS INCLUDE RESERVED POWERS TO THE [INDIVIDUAL] MEMBERS SUCH AS 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 11B MANAGEMENT REVIEW: THE DRAFT FORM 990 WAS REVIEWED BY MULTIPLE LEVELS OF MANAGEMENT INCLUDING THE PRESIDENT OF CMB AND THE EXECUTIVE VICE PRESIDENT OF FINANCE. BOARD REVIEW: PRIOR TO FILING, KEY PROVISIONS OF THE FORM WERE DISCUSSED WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AND THE FINAL FORM 990 WAS PROVIDED TO EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C COVENANT MINISTRIES OF BENEVOLENCE (CMB) HAS TWO CONFLICT OF INTEREST POLICIES. ONE IS A GENERAL CONFLICT OF INTEREST POLICY FOR THE BOARD MEMBERS AND THE OTHER IS THE COMPENSATION CONFLICT OF INTEREST POLICY WHICH IS COMPLETED BY THE EXECUTIVE/COMPENSATION COMMITTEE MEMBERS. ANNUALLY, CONFLICTS OF INTEREST ARE REVIEWED WITH THE BOARD MEMBERS OR THE EXECUTIVE/COMPENSATION COMMITTEE MEMBERS. THEY INDIVIDUALLY DECLARE IF A CONFLICT EXISTS OR NOT. EACH MEMBER THEN SIGNS AN ACKNOWLEDGMENT FORM. 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 CMB'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 CMB'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 CMB'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 CMB'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) COMPENSATION SURVEY OR STUDY; 3) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST BY CONTACTING 773-989-1610. FORM 990, PART XI, LINE 9: WITHDRAWAL FROM ENDOWMENT -1,472,000. EVANGELICAL COVENANT CHURCH 8303 WEST HIGGINS ROAD CHICAGO IL 60631 362167730 CHURCH IL 501(C)(3) LINE 1 N/A 0 COVENANT LIVING COMMUNITIES AND SERVICES 5700 OLD ORCHARD RD SKOKIE IL 60077 363478388 MANAGEMENT/SUPPORT SERVICES IL 501(C)(3) LINE 12B, II COVENANT MINISTRIES OF BENEVOLENCE 1 COVENANT LIVING OF GOLDEN VALLEY 5800 ST CROIX AVE MINNEAPOLIS MN 55422 410841150 CONTINUING CARE RETIREMENT COMMUNITY MN 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT HEALTH CARE CENTERS INC 2155 PFINGSTEN ROAD NORTHBROOK IL 60062 521115873 CONTINUING CARE RETIREMENT COMMUNITY IL 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT HOME 2625 TECHNY ROAD NORTHBROOK IL 60062 362643638 CONTINUING CARE RETIREMENT COMMUNITY IL 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING OF CROMWELL INC 52 MISSIONARY ROAD CROMWELL CT 06416 131740015 CONTINUING CARE RETIREMENT COMMUNITY CT 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT HOME OF CHICAGO 2720 W FOSTER AVE CHICAGO IL 60625 363095932 ASSISTED LIVING FACILITY IL 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT HOME SERVICES 5700 OLD ORCHARD RD SKOKIE IL 60077 260744025 HOME HEALTH SERVICES IL 501(C)(3) LINE 10 COVENANT LIVING SERVICES INC 1 COVENANT HOUSING CORPORATION 5700 OLD ORCHARD RD SKOKIE IL 60077 364484624 MANAGEMENT/SUPPORT SERVICES IL 501(C)(3) LINE 12B, II COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING OF BIXBY INC 5700 OLD ORCHARD RD SKOKIE IL 60077 320419173 CONTINUING CARE RETIREMENT COMMUNITY IL 501(C)(3) LINE 10 COVENANT LIVING SERVICES INC 1 COVENANT LIVING OF THE GREAT LAKES 2520 LAKE MICHIGAN DRIVE NW GRAND RAPIDS MI 49504 383244636 CONTINUING CARE RETIREMENT COMMUNITY MI 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING WEST 2550 TREASURE DRIVE SANTA BARBARA CA 93105 953472345 CONTINUING CARE RETIREMENT COMMUNITY CA 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING SERVICES 5700 OLD ORCHARD RD SKOKIE IL 60077 272480652 MANAGEMENT/SUPPORT SERVICES IL 501(C)(3) LINE 12B, II COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING OF COLORADO 9153 YARROW STREET WESTMINSTER CO 80021 841084331 CONTINUING CARE RETIREMENT COMMUNITY CO 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING OF FLORIDA INC 9215 W BROWARD BLVD PLANTATION FL 33324 521115870 CONTINUING CARE RETIREMENT COMMUNITY FL 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING AT THE HOLMSTAD 700 W FABYAN PARKWAY BATAVIA IL 60510 362835154 CONTINUING CARE RETIREMENT COMMUNITY IL 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING AT WINDSOR PARK 124 WINDSOR PARK DRIVE CAROL STREAM IL 60188 363385581 CONTINUING CARE RETIREMENT COMMUNITY IL 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT LIVING OF GENEVA 5700 OLD ORCHARD RD SKOKIE IL 60077 843227613 RENTAL SENIOR HOUSING IL 501(C)(3) LINE 10 COVENANT LIVING SERVICES INC 1 TULSA HILLS COMMUNITY INC 5700 OLD ORCHARD RD SKOKIE IL 60077 842854729 CONTINUING CARE RETIREMENT COMMUNITY IL 501(C)(3) LINE 10 COVENANT LIVING SERVICES INC 1 EMC HEALTH INC 2881 GEER ROAD SUITE A TURLOCK CA 95382 942281314 MANAGEMENT/SUPPORT SERVICES CA 501(C)(3) LINE 12B, II COVENANT MINISTRIES OF BENEVOLENCE 1 COVENANT CARE CENTER 9201 WEST BROWARD BLVD PLANTATION FL 33324 591948940 CONTINUING CARE RETIREMENT COMMUNITY FL 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT PALMS OF MIAMI 9201 WEST BROWARD BLVD PLANTATION FL 33324 590653300 CONTINUING CARE RETIREMENT COMMUNITY FL 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 COVENANT RETIREMENT COMMUNITIES OF MINNESOTA INC 5825 SAINT CROIX AVENUE MINNEAPOLIS MN 55422 411506900 CONTINUING CARE RETIREMENT COMMUNITY MN 501(C)(3) LINE 10 COVENANT LIVING COMMUNITIES AND SERVICES 1 CRC FOUNDATION 5700 OLD ORCHARD RD STE 100 SKOKIE FL 60077 300763748 FUNDRAISING FL 501(C)(3) LINE 7 COVENANT LIVING COMMUNITIES AND SERVICES 1 THREE CROWNS FOUNDATION 2323 MCDANIEL AVENUE EVANSTON IL 60201 201060468 FOUNDATION IL 501(C)(3) LINE 12B, II COVENANT LIVING SERVICES INC 1 THREE CROWNS PARK 2323 MCDANIEL AVENUE EVANSTON IL 60201 362030089 RETIREMENT LIVING COMMUNITY IL 501(C)(3) LINE 10 THREE CROWNS FOUNDATION 1 COVENANT LIVING OF KEENE 5700 OLD ORCHARD RD SKOKIE IL 60077 873525712 RETIREMENT LIVING COMMUNITY IL 501(C)(3) LINE 10 COVENANT LIVING SERVICES INC 1 COVENANT INITIATIVES FOR CARE 4055 W PETERSON AVE SUITE 106 CHICAGO IL 60646 271841721 MANAGEMENT/SUPPORT SERVICES IL 501(C)(3) LINE 12B, II COVENANT MINISTRIES OF BENEVOLENCE 1 COVENANT LIVING AT SHANNONDALE 801 VANOSDALE RD KNOXVILLE TN 37909 620698709 CONTINUING CARE RETIREMENT COMMUNITY TN 501(C)(3) LINE 10 COVENANT LIVING SERVICES INC 1 COVENANT ENABLING RESIDENCES OF ILLINOIS INC 15841 TERRACE DRIVE OAK FOREST IL 60452 363731196 HOMES FOR INTELLECTUAL AND DEVELOPMENTALLY DISABLED ADULTS IL 501(C)(3) LINE 7 COVENANT INITIATIVES FOR CARE 1 COVENANT ENABLING RESIDENCES OF MICHIGAN INC 862 FOREST PARK ROAD MUSKEGON MI 49441 383495889 HOMES FOR INTELLECTUAL AND DEVELOPMENTALLY DISABLED ADULTS MI 501(C)(3) LINE 1 COVENANT INITIATIVES FOR CARE 1 COVENANT ENABLING RESIDENCES OF MINNESOTA INC 322 N 60TH AVE WEST DULUTH MN 55807 411879965 HOMES FOR INTELLECTUAL AND DEVELOPMENTALLY DISABLED ADULTS MN 501(C)(3) LINE 1 COVENANT INITIATIVES FOR CARE 1 COVENANT ENABLING RESIDENCES OF FLORIDA INC 4055 W PETERSON AVE SUITE 106 CHICAGO IL 60646 593399402 HOMES FOR INTELLECTUAL AND DEVELOPMENTALLY DISABLED ADULTS IL 501(C)(3) LINE 1 COVENANT INITIATIVES FOR CARE 1 ADELBROOK INC 60 HICKSVILLE ROAD CROMWELL CT 06416 060646920 BEHAVIORAL AND DEVELOPMENT SERVICES FOR CHILDREN AND YOUNG ADULTS CT 501(C)(3) LINE 1 COVENANT INITIATIVES FOR CARE 1 COVENANT CHILDREN'S HOME AND FAMILY SERVICES 4055 W PETERSON AVE SUITE 106 CHICAGO IL 60646 362167043 FACILITATES VARIOUS GRANT AND SCHOLARSHIP PROGRAMS FOR STUDENTS IL 501(C)(3) LINE 1 COVENANT INITIATIVES FOR CARE 1 COVENANT TRUST COMPANY 141 W JACKSON BLVD SUITE 1850A CHICAGO IL 60604 363583163 FINANCIAL SERVICES IL N/A C 0 COVENANT INTERNATIONAL INSURANCE COMPANY LTD INNOVATION HOUSE 3RD FLOOR 46 REI HAMILTON BD INSURANCE BD N/A C 0 COVENANT LIVING HOLDINGS THREE INC 5700 OLD ORCHARD ROAD SKOKIE IL 60077 932491440 CONSULTING SERVICES IL N/A C 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 BRANDEL MANOR L 243548 ALLOCATION OF ACTUAL COST COVENANT ENABLING RESIDENCES OF MICHIGAN D 141831 ALLOCATION OF ACTUAL COST COVENANT ENABLING RESIDENCES OF MINNESOTA Q 532816 ALLOCATION OF ACTUAL COST COVENANT LIVING COMMUNITIES AND SERVICES S 225360 ALLOCATION OF ACTUAL COST COVENANT LIVING COMMUNITIES AND SERVICES R 6063497 ALLOCATION OF ACTUAL COST COVENANT LIVING COMMUNITIES AND SERVICES L 1360330 ALLOCATION OF ACTUAL COST COVENANT TRUST COMPANY S 94380 ALLOCATION OF ACTUAL COST EMC HEALTH INC L 245679 ALLOCATION OF ACTUAL COST EMC HEALTH INC R 233706 ALLOCATION OF ACTUAL COST COVENANT ABILITY NETWORK OF ILLINOIS Q 294921 ALLOCATION OF ACTUAL COST COVENANT ABILITY NETWORK OF ILLINOIS P 54083 ALLOCATION OF ACTUAL COST COVENANT HOME SERVICES B 89000 ALLOCATION OF ACTUAL COST COVENANT INITIATIVES FOR CARE INC M 262500 ALLOCATION OF ACTUAL COST