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COVENANT HEALTH

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Public IRS 990 nonprofit record

COVENANT HEALTH

EIN 62-1646734 · Health Care (E210)

What they do

Covenant Health Supports Its Member Hospitals and Other Organizations (see Schedule A) Serve The Community By Improving The Quality of Life Through Better Health, Regardless of A Patients Ability to Pay.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $87.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.56%of revenue went to mission work87.7% of expenses · Program services
0.23%of revenue went to fundraising0.3% of expenses
$86.14spent for every $100 of revenueRevenue covered expenses this year.
10.35%of revenue went to management and office costs12.0% of expenses
$9.64in assets for every $1 spent this yearSome assets cannot be spent right away.
0.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,242,830 for JAMES D VANDERSTEEG (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$235,666,950
Mission workProgram services$178,069,43775.56% of revenue87.7% of expenses
ManagementOffice and general costs$24,385,77310.35% of revenue12.0% of expenses
FundraisingAsking for donations$549,5900.23% of revenue0.3% of expenses
Revenue left after expensesReported annual surplus$32,662,15013.86% of revenueShown in gray on the chart
Total expenses$203,004,80086.14% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 87.7% mission · 12.0% management · 0.3% fundraisingTotal expenses: 86.14% of revenue
2023Expense mix: 89.2% mission · 10.6% management · 0.2% fundraisingTotal expenses: 92.42% of revenue
2022Expense mix: 90.3% mission · 9.5% management · 0.2% fundraisingTotal expenses: 81.81% of revenue
2021Expense mix: 91.2% mission · 8.6% management · 0.2% fundraisingTotal expenses: 86.61% of revenue
2020Expense mix: 92.4% mission · 7.4% management · 0.2% fundraisingTotal expenses: 86.09% of revenue
2019Expense mix: 91.7% mission · 8.1% management · 0.2% fundraisingTotal expenses: 59.15% of revenue
2018Expense mix: 93.2% mission · 6.6% management · 0.2% fundraisingTotal expenses: 86.12% of revenue
2017Expense mix: 88.7% mission · 11.3% management · 0.0% fundraisingTotal expenses: 69.94% of revenue

Money in and money out

Revenue$235,666,950
Expenses$203,004,800
Annual surplus $32,662,150 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$178,069,437 · 87.7% of expenses
Management and office costs$24,385,773 · 12.0% of expenses
Fundraising$549,590 · 0.3% of expenses
See all reported dollar amounts
Revenue$235,666,950
Expenses$203,004,800
Assets$1,956,038,753
Income$240,319,299
Contributions$300,000
Mission work (program services)$178,069,437
Fundraising$549,590
Grants given$3,886,783
Average grant$22,863
Management and general$24,385,773
Executive compensation (total)$9,429,415
Stocks and bonds$1,697,884,152
Accounting fees$341,624
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JAMES D VANDERSTEEGPRESIDENT & CEO · 50 hrs/week $3,242,830Base $2,880,556 · Other $362,274
MICHAEL R BELBECK JREVP-HOSP OPS · 50 hrs/week $1,089,298Base $976,075 · Other $113,223
M DOUGLAS CAMPBELL JRGENERAL COUNSEL · 50 hrs/week $998,930Base $874,804 · Other $124,126
JOSEPH C DOLANEVP/CFO · 50 hrs/week $967,301Base $861,693 · Other $105,608
JON-DAVID DEESONEVP - PHYSICIAN ENTERPRISES · 50 hrs/week $785,938Base $693,902 · Other $92,036
AMANDA G HALFORD MDSVP - CHIEF MEDICAL OFFICER · 50 hrs/week $729,797Base $685,012 · Other $44,785
KEITH N ALTSHULERPRESIDENT/CAO - FORT SANDERS REG $696,436Base $659,599 · Other $36,837
DEBRA A WELCHSVP - HUMAN RESOURCES · 50 hrs/week $666,509Base $629,172 · Other $37,337
WILLIAM C CLABOUGHSVP - CHIEF DEVELOPMENT OFFICER · 50 hrs/week $650,660Base $595,648 · Other $55,012
DEVAN C JOHNSONPRESIDENT/CAO - PARKWEST $612,541Base $562,166 · Other $50,375
WILLIAM M WARDSVP - CHIEF INFORMATION OFFICER · 50 hrs/week $592,266Base $546,146 · Other $46,120
GORDON E LINTZPRESIDENT/CAO - MORRISTOWN-HAMBLEN $590,525Base $564,436 · Other $26,089

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

JAMES D VANDERSTEEGPRESIDENT & CEO

MICHAEL R BELBECK JREVP-HOSP OPS

M DOUGLAS CAMPBELL JRGENERAL COUNSEL

JOSEPH C DOLANEVP/CFO

JON-DAVID DEESONEVP - PHYSICIAN ENTERPRISES

AMANDA G HALFORD MDSVP - CHIEF MEDICAL OFFICER

KEITH N ALTSHULERPRESIDENT/CAO - FORT SANDERS REG

DEBRA A WELCHSVP - HUMAN RESOURCES

WILLIAM C CLABOUGHSVP - CHIEF DEVELOPMENT OFFICER

DEVAN C JOHNSONPRESIDENT/CAO - PARKWEST

WILLIAM M WARDSVP - CHIEF INFORMATION OFFICER

GORDON E LINTZPRESIDENT/CAO - MORRISTOWN-HAMBLEN

JEREMY H BIGGSPRESIDENT/CAO - METHODIST MED CTR

DEBRA R HONEYSVP - CHIEF NURSING OFFICER

TERESA A GILESFMR SVP - FINANCE (THROUGH MAY 2024)

KATHLEEN F ZITZMANCHIEF COMPLIANCE OFFICER

WESLEY C HALFORD MDMEDICAL DIRECTOR PHYSICIAN

PHILIP V SCHMIDTDIRECTOR - INTERNAL AUDIT

LESLYE HARTSELLDIRECTOR

COSBY STONEDIRECTOR

JAMES TRAMONTANA MDDIRECTOR

WILLIAM SEALEDIRECTOR

STEPHANIE FLOODDIRECTOR

KING PURNELLDIRECTOR/CHAIR

JOE SUTTERDIRECTOR

EDGAR GRAYDIRECTOR

JORGE SANABRIADIRECTOR

DONALD HICKMANDIRECTOR

TIMOTHY MATTHEWSDIRECTOR

ALVIN NANCEDIRECTOR

LINDA OGLEDIRECTOR

MITCHELL DICKSON MDDIRECTOR

BILL MYERSDIRECTOR

JAMES GIBSONDIRECTOR

CLETUS MCMAHON MDDIRECTOR

DAVE MILLERDIRECTOR

JANICE MCKINLEYDIRECTOR

About this charity

Recognized since
January 1996
Location
1420 CENTERPOINT BLVD BLDG C, KNOXVILLE, TN 37932-1960
County
Knox
In care of
% AMY DELONG TAX DEPARTMENT
Primary officer
Joseph C Dolan, EVP/CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
NTEE classification
Health Care (E210)
IRS tax category
General Medical and Surgical Hospitals
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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