NEW COVENANT COMMUNITY DEVELOPMENT

CHICAGO, IL, 60608-1647 (773) 826-1356 Est. 2012 EIN 80-0797774

S32— Community Improvement Form 990 501(c)(3)

Mission

TO ESTABLISH COMMUNITY STABILITY THOUGH ENTREPRENEURIAL ECONOMIC DEVELOPMENT. WE ACCOMPLISH THIS THROUGH CLASSES, WORKSHOPS, AND ONE ON ONE BUSINESS COACHING.

Financials

Total Revenue

$1,266,671

Total Expenses

$771,317

Net Assets

$1,374,099

7 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

21.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 83.3%

Expenses ↓ 2.0%

Revenue Sources

Contributions 98.5% Investment 0.8% Other 1.0%

Expense Breakdown

Program 71.6% Management 28.4%

Officers & Key Employees (8)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (25)

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Filing History (4 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$1,266,671 ↑	$771,317	$1,374,099
2023 Form 990	$691,128 ↓	$787,169	$878,745
2022 Form 990	$1,064,357 ↓	$792,662	$1,978,068
2020 Form 990	$1,202,095	$463,538	$874,365