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Covenant Health

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621646734 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

Overview

What is Covenant Health?

Covenant Health is a community-owned health system based in Knoxville, Tennessee, with over 11,000 employees, affiliated physicians, and volunteers. Established in 1996 through the consolidation of two local healthcare systems, Covenant Health is governed by a board of community leaders and medical professionals. It operates nine acute care hospitals and includes Covenant Medical Group, with over 200 physicians and advanced practice clinicians. Covenant Health's mission is to enhance the region's quality of life by providing better health services, regardless of a patient's ability to pay. Affiliated organizations include cancer centers, foundations, and other healthcare entities. Their system-level divisions support the organization's mission by facilitating operations in information technology, business office management, and human resources, among others.


Official website here: www.covenanthealth.com/

Is Covenant Health legitimate?

Covenant Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Health submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $10,960,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,542,487

For more financial information, click here


Official website here: www.covenanthealth.com/

What is the mission statement of Covenant Health?

Covenant Health is a community-owned health system dedicated to enhancing the health and wellbeing of the people it serves. Established in 1996, the organization brings together various hospitals and healthcare organizations under its umbrella to support their mission of improving community health regardless of a patient's ability to pay. With a extensive team of employees, affiliated physicians, and volunteers, Covenant Health operates numerous hospitals and healthcare facilities. Their mission is backed by various divisions and departments, such as information technology, business office, and human resources, that facilitate the not-for-profit organization's operations. Covenant Health's dedication to community health extends beyond medical care, as it also includes philanthropic organizations that help raise funds for health-related services, equipment, and resources.


Official website here: www.covenanthealth.com/

Who is the CEO of Covenant Health?

James D Vandersteeg is the President & Ceo of Covenant Health. The CEO's salary of Covenant Health is $2,346,646 and their total compensation is $2,662,703.


Official website here: www.covenanthealth.com/

What is the revenue of Covenant Health?

Covenant Health's revenue in 2022 was $220,269,899.


Official website here: www.covenanthealth.com/

Who are the executives of Covenant Health and what are their salaries?

The average compensation at Covenant Health during 2022 was $55,676. There are 1,410 employees and 22 volunteers at Covenant Health.

Here are 42 key members and their salaries (Covenant Health's CEO's salary is $2,346,646 and their total compensation is $2,662,703):

    James D Vandersteeg (President & Ceo) [Trustee/Director]
  • Compensation: $2,346,646
  • Related: $0
  • Other: $316,057

    • John T Geppi (Evp/Cfo)
  • Compensation: $1,099,851
  • Related: $0
  • Other: $33,916

    • Michael R Belbeck Jr (Evp-Hosp Ops/Interim Pres & Cao-Pwmc)
  • Compensation: $898,340
  • Related: $0
  • Other: $88,783

    • Lucas D Johnson Sr (Evp - Physician Enterprise)
  • Compensation: $835,157
  • Related: $0
  • Other: $31,825

    • M Douglas Campbell Jr (General Counsel)
  • Compensation: $770,403
  • Related: $0
  • Other: $69,788

    • Keith N Altshuler (President/Cao - Fort Sanders Reg)
  • Compensation: $653,393
  • Related: $0
  • Other: $34,275

    • Mark W Browne Md (Svp - Chief Medical Officer)
  • Compensation: $607,755
  • Related: $0
  • Other: $41,785

    • Debra A Welch (Svp - Human Resources)
  • Compensation: $553,822
  • Related: $0
  • Other: $33,243

    • Jeremy H Biggs (President/Cao - Methodist Med Ctr)
  • Compensation: $533,789
  • Related: $0
  • Other: $41,284

    • William M Ward (Svp - Chief Information Officer)
  • Compensation: $529,114
  • Related: $0
  • Other: $44,879

    • Debra R Honey (Svp - Chief Nursing Officer)
  • Compensation: $498,870
  • Related: $0
  • Other: $22,406

    • Amanda G Halford Md (Svp - Chief Med Informatic Officer)
  • Compensation: $475,922
  • Related: $0
  • Other: $40,674

    • Neil A Heatherly (Fmr Pres/Cao - Parkwest)
  • Compensation: $480,721
  • Related: $0
  • Other: $24,684

    • Gordon E Lintz (President/Cao - Morristown-Hamblen)
  • Compensation: $481,299
  • Related: $0
  • Other: $23,477

    • Teresa A Giles (Svp - Finance)
  • Compensation: $437,289
  • Related: $0
  • Other: $41,917

    • David V Bunch (Fmr Pres/Cao - Cmc(Through Aug 2022))
  • Compensation: $436,865
  • Related: $0
  • Other: $23,935

    • William C Clabough (Svp - Business Development)
  • Compensation: $442,049
  • Related: $0
  • Other: $13,499

    • Kathleen F Zitzman (Chief Compliance Officer)
  • Compensation: $369,567
  • Related: $0
  • Other: $42,454

    • Philip V Schmidt (Director - Internal Audit)
  • Compensation: $103,159
  • Related: $0
  • Other: $34,402

    • Barry J Lindeman (Fmr Dir. Int. Aud.(Through Aug 2022))
  • Compensation: $102,781
  • Related: $0
  • Other: $18,876

    • Donald Hickman (Director)
  • Compensation: $1,538
  • Related: $0
  • Other: $0

    • Jorge Sanabria (Director)
  • Compensation: $1,485
  • Related: $0
  • Other: $0

    • Edgar Gray (Director)
  • Compensation: $1,432
  • Related: $0
  • Other: $0

    • Cosby Stone (Director)
  • Compensation: $1,408
  • Related: $0
  • Other: $0

    • William Seale (Director)
  • Compensation: $1,251
  • Related: $0
  • Other: $0

    • Dave Miller (Director)
  • Compensation: $1,208
  • Related: $0
  • Other: $0

    • James Tramontana Md (Director)
  • Compensation: $1,208
  • Related: $0
  • Other: $0

    • Janice Mckinley (Director)
  • Compensation: $1,097
  • Related: $0
  • Other: $0

    • King Purnell (Director/Chair)
  • Compensation: $1,050
  • Related: $0
  • Other: $0

    • Joe Sutter (Director)
  • Compensation: $979
  • Related: $0
  • Other: $0

    • Timothy Matthews (Director)
  • Compensation: $906
  • Related: $0
  • Other: $0

    • Leslye Hartsell (Director)
  • Compensation: $889
  • Related: $0
  • Other: $0

    • Stephanie Flood (Director)
  • Compensation: $849
  • Related: $0
  • Other: $0

    • Mitchell Dickson Md (Director)
  • Compensation: $268
  • Related: $0
  • Other: $0

    • James Gibson (Director)
  • Compensation: $74
  • Related: $0
  • Other: $0

    • Gerald Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Willard Campbell Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Casey Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronni Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alvin Nance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Ogle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.covenanthealth.com/

    Where can I find the form 990 for Covenant Health?

    The Covenant Health’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.covenanthealth.com/

    Learn more at the official website: www.covenanthealth.com/

    Mission Statement of Covenant Health

    Covenant Health, a community-owned health care system headquartered in East Tennessee, is dedicated to enhancing the well-being of the people it serves. Established in 1996 through the consolidation of Fort Sanders Health System and MMC HealthCare System, this not-for-profit organization is spearheaded by a board of directors consisting of community leaders and medical professionals. With over 11,000 employees, affiliated physicians, and volunteers, Covenant Health ranks as the largest employer in the Knoxville area.

    Covenant Health's mission revolves around providing quality health care services to the community, irrespective of a patient's ability to pay. This comprehensive health system encompasses nine acute care hospitals spread across East Tennessee, as well as various divisions and affiliated organizations. These entities collaborate to support and facilitate the mission of enhancing the region's overall quality of life through better health.

    The health system includes a vast array of services, such as cancer treatment through Thompson Cancer Survival Center and Thompson Oncology Group, behavioral health care at Peninsula, home health care with Covenant HomeCare, and perinatal care at Fort Sanders Perinatal Center. Furthermore, Covenant Health houses several philanthropic organizations like Fort Sanders Foundation and Thompson Cancer Survival Center Foundation, which raise funds for patient care services, equipment, and resources.

    Covenant Health's operational divisions, like information technology, business office, and health information management, work in unison to support the mission of this community-focused organization. Additionally, system-wide departments, such as human resources, learning and leadership development, and others, play a crucial role in strengthening the organization's commitment to improving the health and well-being of those it serves.

    Impact

    This information is meant to be a general summary of Covenant Health. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Covenant Health, as the largest employer in the Knoxville area with over 11,000 employees, plays a significant role in the community by providing essential healthcare services. Its network of nine acute care hospitals, behavioral health facilities, medical group practices, and charitable foundations work together to improve the health and well-being of the people it serves. Through its comprehensive and community-owned health system, Covenant Health is dedicated to enhancing the quality of life in East Tennessee by ensuring access to high-quality healthcare services, regardless of a patient's ability to pay.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $69,761,345
  • Program Service Revenue: $150,160,776
  • Gross Receipts: $224,946,121

    • Assets and Liabilities:
  • Total Assets: $1,741,953,217
  • Total Liabilities: $1,153,941,621
  • Net Assets: $588,011,596
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Management Fees

    Revenue

    $148,702,027

    Telephone Services

    Revenue

    $613,046

    Health Information Admin

    Revenue

    $524,673

    Other Program Services

    Revenue

    $315,807

    Transcription Fees

    Revenue

    $5,223

    Organization Details

    Founding Year

    1996

    Principal Officer

    James D Vandersteeg

    Main Address

    1420 Centerpoint Blvd Bldg C, Knoxville, TN, 379321960

    NTEE Category

    Code: E21 - Health

    If you are a representative of Covenant Health and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.