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COVENANT INTERNATIONAL FOUNDATION
NEW YORK, NY · EIN 133124706 · Form 990 · FY2024 · NTEE L41Z · Housing & Shelter · Micro (<$100K)
revenue
$33K
expenses
$64K
net assets
$860K
employees
0
volunteers
3
program ratio
0%
mission · from form 990

COVENANT INTERNATIONAL FOUNDATION WAS INCORPORATED TO ACQUIRE TITLE TO REAL PROPERTY AND MAKE THE SAME AVAILABLE ON REASONABLE TERMS AT NOT MORE THAN INCIDENTAL PROFIT TO CHARITABLE ORGANIZATIONS OPERATING AND MAINTAINING INSTITUTIONS FOR THE CARE AND MAINTENANCE OF DESTITUTE, DELINQUENT, ABANDONED, NEGLECTED, DEPENDENT, NOMADIC AND SEMI-NOMADIC YOUTH AND PERSONS IN NEED OF SUPERVISION.

profile · synthesized from sources

Covenant International Foundation was incorporated to acquire real property and make it available on reasonable terms to charitable organizations that operate institutions for destitute, neglected, and dependent youth and individuals in need of supervision. The foundation functions as a real estate holding entity to support other nonprofits in the housing and shelter sector. It operates in New York and serves organizations providing care to at-risk populations.

named programs · 1 · from sources

What they call their work

Real Property Acquisition and Leasing
Acquires title to real property and leases it to qualified charitable organizations operating shelters and care institutions for at-risk youth and dependent persons
activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Acquiring real property and providing it to charities serving vulnerable youth
      Acquires title to real property and makes it available on reasonable terms to charitable organizations that serve vulnerable youth and persons in need of supervision.
financials · form 990 · fy2024
revenue
Total revenue$33K
Contributions & grants$33K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$64K
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$860K
Cash$0
Investments$0
Liabilities$0
Net assets$860K
Liquid reserves0.0 mo
4 years on record · 2021–2024 · YoY revenue -51.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
WILLIAM BEDROSSIAN PRESIDENT & CEO 1 $536K
JOHN DUCOFF SECRETARY 1 $459K
PAMELA KOURNETAS TREASURER 1 $424K
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.