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Illinois · Nonprofit

COVENANT LIVING COMMUNITIES AND SERVICES

COVENANT LIVING COMMUNITIES AND SERVICES (Illinois) receives grants from 7 organizations whose IRS filings report $653,895 to it, the largest being RALPH FRANZEN CHARITABLE FOUNDATION XXXXX9002 ($574,752). 3 of them have funded it in more than one year.

Revenue FY2025
$76M
Funders on record
7
Grants received
$654k
Net assets
$114M
3/7 repeat funderspeak grant-dependency 1%
01What it does

What Covenant Living Communities and Services does

Mission

(see on schedule o)

As stated on its FY2025 Form 990.

Program

  1. The number of persons residing at the continuing care retirement communities that benefited from the services we provided for the year ended september 30, 2025, were as follows: residential & catered living: there were a total of 3,780 residents, occupying 2,978 apartments at 09/30/2025. Residency for the fiscal year totaled 1,350,316 resident days. Assisted living: there were a total of 515 residents at 09/30/2025. Assisted living residency for the fiscal year totaled 175,053 resident days. Assisted living memory support: there were a total of 130 residents at 09/30/2025. Assisted living memory support residency for the fiscal year totaled 47,244 resident days. Skilled nursing: there were a total of 694 residents at 09/30/2025. Skilled care residency for the fiscal year totaled 248,246 resident days.

    $62,408,343 spentof which $17,057 as grants$42,986,031 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $62,408,343.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($45M) Expenses 100 ($27M) Net assets 100 ($40M)2018 Revenue 118 ($53M) Expenses 103 ($28M) Net assets 166 ($66M)2019 Revenue 69 ($31M) Expenses 122 ($33M) Net assets 136 ($54M)2021 Revenue 126 ($57M) Expenses 122 ($33M) Net assets 309 ($124M)2022 Revenue 97 ($44M) Expenses 154 ($41M) Net assets 208 ($83M)2023 Revenue 112 ($50M) Expenses 161 ($43M) Net assets 266 ($106M)2024 Revenue 100 ($45M) Expenses 182 ($49M) Net assets 259 ($104M)2025 Revenue 168 ($76M) Expenses 293 ($79M) Net assets 286 ($114M)
'17'18'19'21'22'23'24'25
Revenue (168)Expenses (293)Net assets (286)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $306M to $364M (+19%).

$104M
$134M
$147M
$297M
$276M
$306M
$364M
$307M
'17'18'19'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 4%. Grants only. Government contracts and fees sit inside program revenue.

0% of COVENANT LIVING COMMUNITIES AND SERVICES’s revenue is contributions — more earned-revenue than three-quarters of its peers (21% for the typical peer).

This organization
Typical peer · 3,400 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$18M
’17
$25M
’18
−$2.0M
’19
$24M
’21
$2.3M
’22
$7.2M
’23
−$3.6M
’24
−$3.2M
’25
7.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

David G Erickson

Director/ex-officio/chief executive officer

Board chair

Janet Creaney

Director/chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

'17'18'19'21'22'23'24'25
Listed3226293431323434
Joined·+8+7·+6+5+4+5
No longer listed·144·9425
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 2 funders to 3 funders, grant income rose $15k → $113k.

4 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $133k from one payer (the payer shares this organization's board, largest Covenant Ministries of Benevolence). These are real filings, and they are not money COVENANT LIVING COMMUNITIES AND SERVICES raised.

From the IRS filings of COVENANT LIVING COMMUNITIES AND SERVICES’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

COVENANT LIVING COMMUNITIES AND SERVICES leans on a few funders — its largest provides 88% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

88%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2021 100% · 2022 94% · 2023 91% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of COVENANT LIVING COMMUNITIES AND SERVICES's grant income comes from Illinois funders.

IL
WI

In-state vs out-of-state, by year

’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $59k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

COVENANT LIVING COMMUNITIES AND SERVICES holds deeper cash reserves than three-quarters of the 2,297 human services nonprofits its size.

Operating margin−4% · bottom quartile
Months of reserve7.7mo · top quartile
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 2,297 human services nonprofits $10M–$100M, FY2025

Government funding COVENANT LIVING COMMUNITIES AND SERVICES receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10 on record.

State$10
Top programs
  • REFUNDS - GENERAL $10

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like COVENANT LIVING COMMUNITIES AND SERVICES

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 19%Fundraising 1%

Governance

19
board members
79%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 33 related entities

  • Evangelical Covenant Church · exempt
  • Covenant Living of Golden Valley · exempt
  • Covenant Health Care Center Inc · exempt
  • Covenant Home · exempt
  • Covenant Living of Cromwell Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for COVENANT LIVING COMMUNITIES AND SERVICES: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COVENANT LIVING COMMUNITIES AND SERVICES?
COVENANT LIVING COMMUNITIES AND SERVICES (Illinois) receives grants from 7 organizations whose IRS filings report $653,895 to it, the largest being RALPH FRANZEN CHARITABLE FOUNDATION XXXXX9002 ($574,752). 3 of them have funded it in more than one year.
How many funders does COVENANT LIVING COMMUNITIES AND SERVICES have?
IRS filings report 7 organizations giving $653,895 in grants to COVENANT LIVING COMMUNITIES AND SERVICES, 3 of which have funded it in more than one year.
Who is the largest funder of COVENANT LIVING COMMUNITIES AND SERVICES?
RALPH FRANZEN CHARITABLE FOUNDATION XXXXX9002 is the largest funder on record, with $574,752 in grants. The full list of funders is on this page.
How can an organization like COVENANT LIVING COMMUNITIES AND SERVICES find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing