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Filing year 2023

COVENANT MINISTRIES OF BENEVOLENCE

Chicago, Illinois·EIN 36-3486813·NTEE Z99Z · Unknown·3
Total revenue
$6.3M
Total assets
$59.7M
Total expenses
$5.1M
Reported officers
28
Mission

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.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2023

Ex-officio/president of Cmb & Cic
$365k
$404k
Base
$266k
Bonus
Other
$39k
Benefits
$26k
SVP of Finance
senior vice president
$240k
$266k
Base
$159k
Bonus
$27k
Other
$21k
Benefits
$13k
Accounting Manager
highest compensated employee
$157k
$174k
Base
$97k
Bonus
$12k
Other
$19k
Benefits
$24k
Executive Director
$143k
$159k
Assistant Secretary
secretary (operational)
$143k
$158k
Campus Executive Director
$109k
$121k
Director/ex-officio/ecc Pres
officer (unspecified)
$106k
$117k
Assistant Secretary
secretary (operational)
$86k
$95k
Asst. Sec., SVP and General Counsel
senior vice president
$67k
$74k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Browse compensation in organizationPage.redesign.benchmarkBuilder.ntee.Z

Up 9%
from 2022

From $336k in 2022 to $365k in 2023.

$336k
2022
$365k
2023
In today's dollarsEst.
Up 5% in real terms$385k to $404k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

COVENANT MINISTRIES OF BENEVOLENCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.8M
$4.6M
2022
$6.3M
$5.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What organizationPage.redesign.benchmarkBuilder.ntee.Z executives earn

Comparable organizationpage.redesign.benchmarkbuilder.ntee.z organizations nationwide pay their highest-earning executive a median of $68,938.

25th percentile
$25k
Median
$68,938
75th percentile
$137k
90th percentile
$262k

These are organizationpage.redesign.benchmarkbuilder.ntee.z sector-wide figures, not this organization's reported pay. Based on 499 organizations across 499 filings (2021 – 2023).

See full organizationPage.redesign.benchmarkBuilder.ntee.Z compensation data
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