NonprofitsChalmers Center For Economic Development At Covenant College

International, Foreign Affairs & National Security

Chalmers Center For Economic Development At Covenant College

CHATTANOOGA, TN

Total revenue

$3.8M

Total expenses

$3.3M

Net assets

$641K

Grants received

$7.1M

52 grants

EIN

272341083

Tax year

2023

Mission

To help God's people rethink poverty and respond with practical Biblical principles so that all are restored to flourishing.

Programs

2 programs

West Africa Program and International Program: Training local leaders in economic development strategies in West African countries and beyond, specifically savings-led microfinance groups in local churches; developing of materials for use by high impact partners and denominational leaders.

Expenses: $512KGrants: $199K

Faith and Finances and Work Life: Developing curriculum in financial education, individual development accounts, and job preparedness for local churches and Christian noprofits, equipping them to impact low-income populations. Including the development and deployment of online curriculum for these courses.

Expenses: $430K

Financials

FY 2023

Revenue

Contributions & grants$3.3M
Program service revenue$399K
Investment income
Other revenue$35K
Total revenue$3.8M

Expenses

Grants paid$199K
Salaries & benefits$2.0M
Fundraising$634K
Other expenses$1.0M
Total expenses$3.3M
Total assets$930K
Net assets$641K

People

14 listed

NameRoleCompensation

Brian Fikkert

Founder, Ambassador, President (Part Year), Director

Board

$28K

32 hrs/wk

Kevin O'Neal

Chief Operating Officer

Board

$27K

40 hrs/wk

Collin Messer

Director

Board

1 hrs/wk

Jane Pleace

Director

Board

1 hrs/wk

Jonathan Mitchell

Director

Board

1 hrs/wk

Karen Ellis

Director (Part-Year)

Board

1 hrs/wk

Marc Antoine

Director

Board

1 hrs/wk

Robert Turner

Director

Board

1 hrs/wk

Jeff Galley

Director, Board Chair

Board

1 hrs/wk

Craig Stephenson

Secretary, Treasurer, Director

Board

1 hrs/wk

Brad Voyles

Director

Board

1 hrs/wk

Coy Buckley

President, CEO, Director

Board

40 hrs/wk

Michael Briggs

Chief Development Officer

Staff

$134K

40 hrs/wk

Rob Porter

VP of Generosity

Staff

$119K

40 hrs/wk

Independent contractors

Aaron Sebesta

IT Consulting

$118K

Grants received

Showing 52 of 52

FromAmountPurposeYear
$573K
GIVING AND GENEROSITY
2024
$106K
ORGANIZATIONAL SUPPORT
2024
$100K
COMMUNITY & HUMAN SERVICES
2024
$50K
INNOVATE LOCAL PROGRAM
2024
$10K
GENERAL FUND
2024
$10K
RESOURCES TO ALLEVIATE POVERTY
2024
$703K
For grant recipient's exempt purposes
2023
$210K
COMMUNITY & HUMAN SERVICES
2023
$66K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
RESOURCES TO ALLEVIATE POVERTY
2023
$335K
For grant recipient's exempt purposes
2022
$140K
COMMUNITY & HUMAN SERVICES
2022
$25K
FOR GENERAL OPERATING SUPPORT.
2022
$25K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2022
$10K
RESOURCES TO ALLEVIATE POVERTY
2022
$8K
SUPPORT WORK IN WEST AFRICA TO BREAK THE BONDS OF POVERTY
2022
$6K
GENERAL FUND
2022
$289K
For grant recipient's exempt purposes
2021
$289K
For grant recipient's exempt purposes
2021
$10K
DONATION TO MINISTRY
2021
$10K
RESOURCES TO ALLEVIATE POVERTY
2021
$80K
POVERTY RELIEF, EQUIPPING CHURCHES
2020
$75K
FOR A MEDIA DRIVEN PROJECT.
2020
$56K
For grant recipient's exempt purposes
2020
$50K
FOR RESTORATION AND REHABILITATION PROGRAMS
2020
$39K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2020
$25K
TO PROVIDE GENERAL SUPPORT AND GRANT FUNDS
2020
$6K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$5K
EQUIP 520 CHURCHES TO WALK ALONGSIDE 19,500 LOW INCOME PEOPLE TO BREAK THE SPIRITUAL, SOCIAL AND ECONOMIC BONDS OF POVERTY.
2020
$100K
PROGRAM SUPPORT
2019
$53K
For grant recipient's exempt purposes
2019
$49K
ministry program in West Africa
2019
$6K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2019
$106K
For grant recipient's exempt purposes
2018
$75K
PROGRAM SUPPORT
2018
$70K
ECONOMIC DEVE FOR THE POOR DONATION
2018
$31K
ministry program in West Africa
2018
$5K
GENERAL SUPPORT
2018
$82K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$70K
ECONOMIC DEVE FOR THE POOR DONATION
2017

Funded by

$7.1M from 20 funders · 52 grants · 2017–2024

Natl Christian Charitable Fdn Inc

$3.5M · 5 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$1.9M · 8 grants · 2017–2023

The Ayco Charitable Foundation

$450K · 3 grants · 2022–2024

Christian Community Foundation Of

$276K · 4 grants · 2018–2023

Chattanooga Christian Community

$237K · 4 grants · 2020–2024

Robert L & Kathrina H Maclellan Founda

$150K · 3 grants · 2020–2022

Park Cities Presbyterian Church

$140K · 2 grants · 2017–2018

Cawood Family So Inc

$80K · 1 grant · 2020

Details

EIN272341083
NTEE codeQ32
Subsection03
Ruling date2010-08
Formed2010
Employees22
Volunteers8
CHALMERS CENTER FOR ECONOMIC DEVELOPMENT AT COVENANT COLLEGE — Mission, Financials & Grants Received | Grantivo