Civic Intelligence

Covenant Neighborhoods Inc

EIN 56-2528573 • 501(c)3 • Houston, TX

Profile

The organization creates strong and stable communities by developing workforce homes, increasing neighborhood amenities, and building family assets.

PO Box 130858Houston, TX 77219

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.80x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

10.49x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

7th percentile

-37%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

35th percentile

$208,014

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

21st percentile

-2.7%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

144%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$25,704,633

Down $717,091 (-2.7%) from 2023

Liabilities

Up

$20,564,333

Up $7,300 (+0.0%) from 2023

Net Assets

Down

$5,140,300

Down $724,391 (-12%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin7th percentile

Revenue

Up

$1,960,688

Up $1,156,221 (+144%) from 2023

Expenses

Up

$2,685,079

Up $2,111,478 (+368%) from 2023

Net Income

Down

-$724,391

Down $955,257 (-414%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $2,844,344Liabilities 2010: $58,471Net Assets 2010: $2,785,8732010Assets 2011: $2,747,772Liabilities 2011: $72,522Net Assets 2011: $2,675,2502011Assets 2012: $2,863,537Liabilities 2012: $99,722Net Assets 2012: $2,763,8152012Assets 2013: $3,207,278Liabilities 2013: $352,027Net Assets 2013: $2,855,2512013Assets 2014: $3,130,300Liabilities 2014: $351,671Net Assets 2014: $2,778,6292014Assets 2015: $3,220,740Liabilities 2015: $351,671Net Assets 2015: $2,869,0692015Assets 2016: $3,170,619Liabilities 2016: $253,471Net Assets 2016: $2,917,1482016Assets 2017: $3,298,990Liabilities 2017: $377,715Net Assets 2017: $2,921,2752017Assets 2018: $2,995,196Liabilities 2018: $13,334Net Assets 2018: $2,981,8622018Assets 2019: $3,480,547Liabilities 2019: $13,334Net Assets 2019: $3,467,2132019Assets 2020: $10,735,252Liabilities 2020: $7,389,071Net Assets 2020: $3,346,1812020Assets 2021: $18,180,419Liabilities 2021: $13,050,065Net Assets 2021: $5,130,3542021Assets 2022: $18,695,239Liabilities 2022: $13,061,414Net Assets 2022: $5,633,8252022Assets 2023: $26,421,724Liabilities 2023: $20,557,033Net Assets 2023: $5,864,6912023Assets 2024: $25,704,633Liabilities 2024: $20,564,333Net Assets 2024: $5,140,3002024

Highlighted filing

2024

Assets$25,704,633
Liabilities$20,564,333
Net Assets$5,140,300
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $216,328Expenses 2010: $235,692Net Income 2010: -$19,3642010Revenue 2011: $92,005Expenses 2011: $202,628Net Income 2011: -$110,6232011Revenue 2012: $91,610Expenses 2012: $3,045Net Income 2012: $88,5652012Revenue 2013: $93,935Expenses 2013: $2,499Net Income 2013: $91,4362013Revenue 2014: $161,472Expenses 2014: $238,094Net Income 2014: -$76,6222014Revenue 2015: $90,465Expenses 2015: $25Net Income 2015: $90,4402015Revenue 2016: $90,465Expenses 2016: $42,386Net Income 2016: $48,0792016Revenue 2017: $145,255Expenses 2017: $141,128Net Income 2017: $4,1272017Revenue 2018: $177,822Expenses 2018: $117,235Net Income 2018: $60,5872018Revenue 2019: $625,146Expenses 2019: $139,795Net Income 2019: $485,3512019Revenue 2020: $279,109Expenses 2020: $400,141Net Income 2020: -$121,0322020Revenue 2021: $2,323,147Expenses 2021: $538,974Net Income 2021: $1,784,1732021Revenue 2022: $980,586Expenses 2022: $477,115Net Income 2022: $503,4712022Revenue 2023: $804,467Expenses 2023: $573,601Net Income 2023: $230,8662023Revenue 2024: $1,960,688Expenses 2024: $2,685,079Net Income 2024: -$724,3912024

Highlighted filing

2024

Revenue$1,960,688
Expenses$2,685,079
Net Income-$724,391
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,704,633
Liabilities
$20,564,333
Net assets
$5,140,300
Revenue
$1,960,688
Expenses
$2,685,079
Net income
-$724,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$25.7$20.6$5.14$1.96$2.69$0.72
2023Detailed filing. Detailed filing data is available for this year.$26.4$20.6$5.86$0.80$0.57$0.23
2022Detailed filing. Detailed filing data is available for this year.$18.7$13.1$5.63$0.98$0.48$0.50
2021Detailed filing. Detailed filing data is available for this year.$18.2$13.1$5.13$2.32$0.54$1.78
2020Detailed filing. Detailed filing data is available for this year.$10.7$7.39$3.35$0.28$0.40$0.12
2019Detailed filing. Detailed filing data is available for this year.$3.48$0.01$3.47$0.63$0.14$0.49
2018Detailed filing. Detailed filing data is available for this year.$3.00$0.01$2.98$0.18$0.12$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.30$0.38$2.92$0.15$0.14$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.17$0.25$2.92$0.09$0.04$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.22$0.35$2.87$0.09$0.00$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.13$0.35$2.78$0.16$0.24$0.08
2013Summary only. Only limited summary data is available for this year.$3.21$0.35$2.86$0.09$0.00$0.09
2012Summary only. Only limited summary data is available for this year.$2.86$0.10$2.76$0.09$0.00$0.09
2011Summary only. Only limited summary data is available for this year.$2.75$0.07$2.68$0.09$0.20$0.11
2010Summary only. Only limited summary data is available for this year.$2.84$0.06$2.79$0.22$0.24$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Dec 18, 2025
Return Version
2024v5.2
Gross Receipts
$1,960,688
Mission and Program Overview

Mission

The organization creates strong and stable communities by developing workforce homes, increasing neighborhood amenities, and building family assets.

Covenant Neighborhoods fosters strong and stable communities by developing affordable homes, building family assets, increasing amenity access, and mentoring practitioners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$14,500,000$14,500,000→ $0
Land, Buildings, and Equipment, Net$6,901,256$6,447,087▼ $454,169
Cash and Non-Interest-Bearing Accounts$1,619,996$1,752,464▲ $132,468
Accounts Receivable$1,074,010$1,096,272▲ $22,262
Savings and Temporary Cash Investments$1,143,626$564,528▼ $579,098
Prepaid Expenses and Deferred Charges$192,719$213,168▲ $20,449
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$26,421,724$25,704,633▼ $717,091
Other Assets Total$990,117$1,131,114▲ $140,997
Liabilities
Other Liabilities$16,540,348$16,633,318▲ $92,970
Mortgage Notes Payable Secured by Investment Property$3,976,711$3,883,704▼ $93,007
Accounts Payable and Accrued Expenses$32,652$36,783▲ $4,131
Deferred Revenue$7,322$10,528▲ $3,206
Total Liabilities$20,557,033$20,564,333▲ $7,300
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,014,691$3,309,986▼ $704,705
Net Assets With Donor Restrictions$1,850,000$1,830,314▼ $19,686
Total Net Assets Fund Balance$5,864,691$5,140,300▼ $724,391
Total Liabilities and Net Assets / Fund Balance$26,421,724$25,704,633▼ $717,091

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,944,378$7,432,362$12,376,740
Leasehold Improvements$2,067$1,639,067$1,641,134
Land$1,500,642-$1,500,642
Other Land Buildings-$1,167,837$1,167,837
Equipment-$1,403$1,403
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephan FairfieldExecutive DirecPT$178,373$29,641$208,014

Board Members and Trustees

NameTitle
Marlon MitchellChairman
Gerald McintoshSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,887,695
Investment Income
$72,993
Other Revenue
$0
Change in Net Assets
$-724,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,459,056
Salaries, Compensation, and Employee Benefits$220,023
Total Fundraising Expense$11,001
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$454,169--$454,169
Insurance$352,043$104-$352,147
Other Expenses$198,232--$198,232
Interest$184,886--$184,886
Current Officers, Directors, Trustees, and Key Employees$139,131$30,323$8,919$178,373
Other Employee Benefits$23,120$5,039$1,482$29,641
Occupancy$28,280--$28,280
Office Expenses$21,184--$21,184
Fees for Services Accounting$18,498--$18,498
Fees for Services Legal$16,589--$16,589
Payroll Taxes$9,367$2,042$600$12,009
Conferences and Meetings$11,261--$11,261
Grants to Domestic Orgs$6,000--$6,000
Total Functional Expenses$2,636,570$37,508$11,001$2,685,079
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sponsor Loan-City of Houston$14,500,000
Due to related parties$789,097
Home Loan$576,608
Accrued Interest - Home$510,699
accrued property taxes$187,166
Security Deposit Liability$57,485
Accrued Interst Expense$12,263
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is reviewed annually by the President and Trustees prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Officers, directors, trustees and key employees are required to submit immediately for review any actions that could potentially pose as a conflict of interest. Such interest are reviewed annually for any changes.”

Form 990, Part VI, Section B, Line 15A

“Compensation is determined and approved by the Board of Directors on an annual basis.”

Form 990, Part VI, Section C, Line 19

“Documents are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Covenant Neighborhoods Inc
EIN
56-2528573
Phone
7132231864
Address
PO BOX 130858, HOUSTON, TX 77219

Signing Officer

Name
Stephan Fairfield
Title
President
Signed
2025-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephan Fairfield
Formed
2003
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
2
Employees
1

Preparer

Firm
M Group Llp
Address
515 W SOUTHLAKE BLVD Ste 150, SOUTHLAKE, TX 76092
Preparer
Michael C Martin
Phone
8178651360
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24A

“Multifamily program expenses:property staff 219,536property staff benefits 41,966advertising & marketing 26,569bad debt 9,669compliance fees 7,720leasing office expenses 75,960property management fees 93,826utilities 219,571operating & maintenance 377,725entity expenses 101,268 ___________total multifamily expenses $ 1,173,810 =============”

Raw XML AppendixShowing 400 of 510 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0In 2024 we restored roofs and general habitability for 28 low-income families impacted by Hurricane Beryl; provided asset management services for 613 affordable homes for seniors, working families, homeless women and children, and youth aging out of foster care; and operated a 193 senior affordable rental home community in Kingwood with free lift-equipped transportation, fitness and recreational amenities, and a 120 affordable rental home community for working families in downtown Houston with fitness and recreational amenities. Community expenses total $5,031,896 in 2024.
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IRS990/OccupancyGrp/TotalAmt028280
IRS990/OfficeExpensesGrp/ProgramServicesAmt021184
IRS990/OfficeExpensesGrp/TotalAmt021184
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0990117
IRS990/OtherAssetsTotalGrp/EOYAmt01131114
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01482
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05039
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023120
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029641
IRS990/OtherExpensesGrp/Desc0MULTIFAMILY SEE SCH O
IRS990/OtherExpensesGrp/Desc1Taxes
IRS990/OtherExpensesGrp/ProgramServicesAmt01173810
IRS990/OtherExpensesGrp/ProgramServicesAmt1198232
IRS990/OtherExpensesGrp/TotalAmt01173810
IRS990/OtherExpensesGrp/TotalAmt1198232
IRS990/OtherLiabilitiesGrp/BOYAmt016540348
IRS990/OtherLiabilitiesGrp/EOYAmt016633318
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt014500000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt014500000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0600
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02042
IRS990/PayrollTaxesGrp/ProgramServicesAmt09367
IRS990/PayrollTaxesGrp/TotalAmt012009
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0192719
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0213168
IRS990/PrincipalOfficerNm0STEPHAN FAIRFIELD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0Other income
IRS990/ProgramServiceRevenueGrp/Desc1Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04719
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11882976
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04719
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11882976
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0246000
IRS990/PYInvestmentIncomeAmt0132319
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt039032
IRS990/PYProgramServiceRevenueAmt0672148
IRS990/PYRevenuesLessExpensesAmt0230866
IRS990/PYSalariesCompEmpBnftPaidAmt0288569
IRS990/PYTotalExpensesAmt0573601
IRS990/PYTotalRevenueAmt0804467
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-724391
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01887695
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01143626
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0564528
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt072993
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0132319
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0818
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0206130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01887695
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0672148
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0979768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02323147
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0279109
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06141867
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt072993
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0132319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0818
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0206130
IRS990ScheduleA/InvestmentIncomeCYPct00.03250
IRS990ScheduleA/InvestmentIncomePYPct00.02660
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96750
IRS990ScheduleA/PublicSupportPY509Pct00.97340
IRS990ScheduleA/PublicSupportTotal509Amt06141867
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01887695
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0672148
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0979768
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02323147
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0279109
IRS990ScheduleA/Total509Grp/TotalAmt06141867
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01960688
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0804467
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0980586
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02323147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0279109
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06347997
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04944378
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07432362
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012376740
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01403
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01403
IRS990ScheduleD/LandGrp/BookValueAmt01500642
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01500642
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02067
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01639067
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01641134
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01167837
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01167837
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0510699
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2187166
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3789097
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4576608
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt557485
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt614500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest - Home
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTERST EXPENSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2accrued property taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Due to related parties
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Home Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6Sponsor Loan-City of Houston
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06447087
IRS990ScheduleD/TotalLiabilityAmt016633318
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0178373
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt024090
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05551
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0STEPHAN FAIRFIELD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Direc
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0208014
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed annually by the President and Trustees prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers, directors, trustees and key employees are required to submit immediately for review any actions that could potentially pose as a conflict of interest. Such interest are reviewed annually for any changes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is determined and approved by the Board of Directors on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MULTIFAMILY PROGRAM EXPENSES:PROPERTY STAFF 219,536PROPERTY STAFF BENEFITS 41,966ADVERTISING & MARKETING 26,569BAD DEBT 9,669COMPLIANCE FEES 7,720LEASING OFFICE EXPENSES 75,960PROPERTY MANAGEMENT FEES 93,826UTILITIES 219,571OPERATING & MAINTENANCE 377,725ENTITY EXPENSES 101,268 ___________TOTAL MULTIFAMILY EXPENSES $ 1,173,810 =============
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24A
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0COVENANT NEIGHBORHOODS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1COVENANT NEIGHBORHOODS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2COVENANT NEIGHBORHOODS INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0COVENANT MEADOWS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt12222 CLEBURNE DEVELOPMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt23103 MCKINNEY DEVELOPMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2AFFORDABLE HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03300 LYONS AV
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt13300 LYONS AV
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt23300 LYONS AVE STE 203
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd2TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd077020
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd177020
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd277020
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0COV NEIGHBORHOODS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00.51000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING

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