Civic Intelligence

New Covenant Community Development Corporation

990EZ • Fiscal year 2015 • EIN 80-0797774

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 01, 2016

1111 S Homan AveChicago, IL 60624

(773) 639-5979

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$303,623

Down $98,751 (-25%) from 2014

Net Assets

Down

$292,123

Down $99,724 (-25%) from 2014

Liabilities

Up

$11,500

Up $973 (+9.2%) from 2014

Revenue And Expenses

Revenue

Up

$93,853

Up $22,097 (+31%) from 2014

Expenses

Up

$193,579

Up $31,580 (+19%) from 2014

Net Income

Down

-$99,726

Down $9,483 (-11%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2013: $485,046Liabilities 2013: $2,955Net Assets 2013: $482,0912013Assets 2014: $402,374Liabilities 2014: $10,527Net Assets 2014: $391,8472014Assets 2015: $303,623Liabilities 2015: $11,500Net Assets 2015: $292,1232015Assets 2016: $213,964Liabilities 2016: $11,500Net Assets 2016: $202,4642016Assets 2017: $108,122Liabilities 2017: $02017Assets 2018: $85,115Liabilities 2018: $7,9082018Assets 2019: $135,808Liabilities 2019: $0Net Assets 2019: $135,8082019Assets 2020: $877,184Liabilities 2020: $2,819Net Assets 2020: $874,3652020Assets 2021: $1,571,797Liabilities 2021: $3,687Net Assets 2021: $1,568,1102021Assets 2022: $4,909,167Liabilities 2022: $2,931,099Net Assets 2022: $1,978,0682022Assets 2023: $1,018,904Liabilities 2023: $140,159Net Assets 2023: $878,7452023Assets 2024: $1,389,423Liabilities 2024: $15,324Net Assets 2024: $1,374,0992024

Highlighted filing

2015

Assets$303,623
Liabilities$11,500
Net Assets$292,123

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $11,303Expenses 2013: $91,552Net Income 2013: -$80,2492013Revenue 2014: $71,756Expenses 2014: $161,999Net Income 2014: -$90,2432014Revenue 2015: $93,853Expenses 2015: $193,579Net Income 2015: -$99,7262015Revenue 2016: $122,455Expenses 2016: $212,094Net Income 2016: -$89,6392016Revenue 2017: $124,318Expenses 2017: $155,504Net Income 2017: -$31,1862017Revenue 2018: $147,490Expenses 2018: $164,973Net Income 2018: -$17,4832018Revenue 2019: $317,980Expenses 2019: $210,149Net Income 2019: $107,8312019Revenue 2020: $1,202,095Expenses 2020: $463,538Net Income 2020: $738,5572020Revenue 2021: $1,893,496Expenses 2021: $1,199,751Net Income 2021: $693,7452021Revenue 2022: $1,064,357Expenses 2022: $792,662Net Income 2022: $271,6952022Revenue 2023: $691,128Expenses 2023: $787,169Net Income 2023: -$96,0412023Revenue 2024: $1,266,671Expenses 2024: $771,317Net Income 2024: $495,3542024

Highlighted filing

2015

Revenue$93,853
Expenses$193,579
Net Income-$99,726
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 1, 2016
Return Version
2015v2.1
Gross Receipts
$93,853
Mission and Program Overview

Mission

To establish community stability though entrepreneurial economic development. We accomplish this through classes, workshops, and one on one business coaching.

The mission of new covenant cdc is to empower individuals and families through educational programs and job readiness/creation initiatives that will promote financial stability. The vision of new covenant cdc is to create a replicable sustainable economic development model to provide affordable home ownership opportunities and programs for low income and underserved minority residents.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HOLDS WORKSHOPS SEVERAL TIMES PER MONTH RELATED TO ENTREPRENEURSHIP AND JOB READINESS TRAINING. ADDITIONALLY, THE ORGANIZATION ISSUES ENTREPRENEUR GRADUATION CERTIFICATES TO CANDIDATES THAT SUCCESSFULLY COMPLETE ITS ENTREPRENEURSHIP PROGRAM.-$183,320
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR DENNIS DEERExecutive DiPT$30,000-$30,000
RODNEY BROWNAssistantPT$25,000-$25,000
MARK FERGUSONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
New Covenant Community Development
EIN
80-0797774
Phone
7736395979
Address
1111 S HOMAN AVE, CHICAGO, IL 60624

Signing Officer

Name
Dr Dennis Deer
Title
Executive Director
Phone
7736395979
Signed
2016-02-01
Discuss with paid preparer
Yes

Preparer

Firm
Hedgemancpa LLC
Address
715 LAKE ST STE 416, OAK PARK, IL 60301-1413
Preparer
John Hedgeman
Phone
8009158857
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 400 media 330 office supplies 2,280 telephone, telecommunications 1,674 meals 1,256 travel 3,646 conference, convention 3,415 memberships, chambers, et 300 survey 300 donation 275 programs awards/cert 120 miscellaneous 61 business license 49 non-investment depreciation 3,795 total 17,901

Form 990-ez, Part I, Line 20

Adjustment from py reporting 0

Form 990-ez, Part II, Line 24

Computer equip and soft 14,421 20,117 furniture 3,998 0 other office equip 1,698 0 less accumulated depreciation 0 3,795 security deposit - rent 2,298 2,298 earnest money 1,000 1,000 receivables due from officers 43,903 3,015 total 67,318 22,635

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 10,525 11,500

Form 990-ez, Part III

The mission of new covenant cdc is to empower individuals and families through educational programs and job readiness/creation initiatives that will promote financial stability. The vision of new covenant cdc is to create a replicable sustainable economic development model to provide affordable home ownership opportunities and programs for low income and underserved minority residents.

Form 990-ez, Part III, Line 28

The organization holds workshops several times per month related to entrepreneurship and job readiness training. Additionally, the organization issues entrepreneur graduation certificates to candidates that successfully complete its entrepreneurship program.

Raw XML Appendix156 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DENNIS DEER
IRS990EZ/BooksInCareOfDetail/PhoneNum07736395979
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01111 S HOMAN AVE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt01111 S HOMAN AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060624
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0335056
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0280988
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt093811
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-99726
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04042
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0402374
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0303623
IRS990EZ/GrossReceiptsAmt093853
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt042
IRS990EZ/LoansToFromOfficersAmt03015
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0391849
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0292123
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0391849
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0292123
IRS990EZ/OccupancyRentUtltsAndMaintAmt09796
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt030000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt225000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR DENNIS DEER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARK FERGUSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RODNEY BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2ASSISTANT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt067318
IRS990EZ/OtherAssetsTotalDetail/EOYAmt022635
IRS990EZ/OtherExpensesTotalAmt017901
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF NEW COVENANT CDC IS TO EMPOWER INDIVIDUALS AND FAMILIES THROUGH EDUCATIONAL PROGRAMS AND JOB READINESS/CREATION INITIATIVES THAT WILL PROMOTE FINANCIAL STABILITY. THE VISION OF NEW COVENANT CDC IS TO CREATE A REPLICABLE SUSTAINABLE ECONOMIC DEVELOPMENT MODEL TO PROVIDE AFFORDABLE HOME OWNERSHIP OPPORTUNITIES AND PROGRAMS FOR LOW INCOME AND UNDERSERVED MINORITY RESIDENTS.
IRS990EZ/PrintingPublicationsPostageAmt093
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HOLDS WORKSHOPS SEVERAL TIMES PER MONTH RELATED TO ENTREPRENEURSHIP AND JOB READINESS TRAINING. ADDITIONALLY, THE ORGANIZATION ISSUES ENTREPRENEUR GRADUATION CERTIFICATES TO CANDIDATES THAT SUCCESSFULLY COMPLETE ITS ENTREPRENEURSHIP PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0183320
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0161747
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010525
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0193579
IRS990EZ/TotalProgramServiceExpensesAmt0183320
IRS990EZ/TotalRevenueAmt093853
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.NEW-COVENANTCDC.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt093811
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt071598
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011184
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0609241
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0785834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0158
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0119
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0319
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0786153
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt093853
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt071756
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt011303
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0609241
IRS990ScheduleA/Total509Grp/TotalAmt0786153
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt093853
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt071756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt011303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0609241
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0786153
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt03015
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0DEER REHABILITATION SERVICES INC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt060000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0SAME OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt03015
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 400 MEDIA 330 OFFICE SUPPLIES 2,280 TELEPHONE, TELECOMMUNICATIONS 1,674 MEALS 1,256 TRAVEL 3,646 CONFERENCE, CONVENTION 3,415 MEMBERSHIPS, CHAMBERS, ET 300 SURVEY 300 DONATION 275 PROGRAMS AWARDS/CERT 120 MISCELLANEOUS 61 BUSINESS LICENSE 49 NON-INVESTMENT DEPRECIATION 3,795 TOTAL 17,901
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADJUSTMENT FROM PY REPORTING 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPUTER EQUIP AND SOFT 14,421 20,117 FURNITURE 3,998 0 OTHER OFFICE EQUIP 1,698 0 LESS ACCUMULATED DEPRECIATION 0 3,795 SECURITY DEPOSIT - RENT 2,298 2,298 EARNEST MONEY 1,000 1,000 RECEIVABLES DUE FROM OFFICERS 43,903 3,015 TOTAL 67,318 22,635
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 10,525 11,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MISSION OF NEW COVENANT CDC IS TO EMPOWER INDIVIDUALS AND FAMILIES THROUGH EDUCATIONAL PROGRAMS AND JOB READINESS/CREATION INITIATIVES THAT WILL PROMOTE FINANCIAL STABILITY. THE VISION OF NEW COVENANT CDC IS TO CREATE A REPLICABLE SUSTAINABLE ECONOMIC DEVELOPMENT MODEL TO PROVIDE AFFORDABLE HOME OWNERSHIP OPPORTUNITIES AND PROGRAMS FOR LOW INCOME AND UNDERSERVED MINORITY RESIDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HOLDS WORKSHOPS SEVERAL TIMES PER MONTH RELATED TO ENTREPRENEURSHIP AND JOB READINESS TRAINING. ADDITIONALLY, THE ORGANIZATION ISSUES ENTREPRENEUR GRADUATION CERTIFICATES TO CANDIDATES THAT SUCCESSFULLY COMPLETE ITS ENTREPRENEURSHIP PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR DENNIS DEER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07736395979
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW COVENANT COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0NEWC
ReturnHeader/Filer/EIN0800797774
ReturnHeader/Filer/PhoneNum07736395979
ReturnHeader/Filer/USAddress/AddressLine1Txt01111 S HOMAN AVE
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060624
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0331194603
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HEDGEMANCPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0715 LAKE ST STE 416
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK PARK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0603011413
ReturnHeader/PreparerPersonGrp/PhoneNum08009158857
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN HEDGEMAN
ReturnHeader/ReturnTs02016-03-29T13:45:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings