Nonprofit · EIN 22-2484505
COVENANT HEALTH INC
Tax-exempt · ANDOVER, MA 01810
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $77,518,193 | $76,713,106 | $805,087 | $381,488,892 | $238,640,425 | $142,848,467 |
| December 31, 2023 | 990 | $78,489,788 | $74,210,597 | $4,279,191 | $364,146,367 | $256,471,167 | $107,675,200 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $50,653
- Program service revenue
- $77,358,227
- Investment income
- $109,313
- Net gain from sales of assets
- -$7,887
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $25,000
- Compensation of officers, directors and key employees
- $4,883,756
- Other salaries and wages
- $12,365,620
- Salaries, compensation and benefits (total)
- $25,571,866
- Professional fundraising fees
- $0
- Legal fees
- $124,752
- Accounting fees
- $135,850
- Occupancy
- $32,731
- Travel
- $300,648
- Depreciation
- $8,121,312
- Program services (functional)
- $67,505,276
- Management and general (functional)
- $9,207,830
Balance sheet and other
- Total assets, start of year
- $364,146,367
- Total assets, end of year
- $381,488,892
- Total liabilities, end of year
- $238,640,425
- Net assets, end of year
- $142,848,467
- Land, buildings and equipment
- $46,907,625
- Net assets without donor restrictions
- $141,219,860
- Net assets with donor restrictions
- $1,628,607
- Gross unrelated business income
- $16,901
- Gross receipts
- $77,592,623
- Employees
- 163
- Volunteers
- 16
- Year formed
- 1983
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stephen Grubbs | President & CEO Trustee or director, Officer | 40 | $1,235,937 | $40,164 |
| Stephen Forney | SVP and Chief Financial Officer Officer | 40 | $817,738 | $36,123 |
| John Newman | SVP General Counsel Key employee | 40 | $814,976 | $32,662 |
| Douglas Waite | SVP and Chief Medical Officer Key employee | 40 | $636,913 | $40,247 |
| Mary Prybylo | SVP & President SJH Bangor Highest-paid employee | 0 | $536,374 | $39,574 |
| John Jurczyk | SVP & President SJH Nashua Highest-paid employee | 0 | $476,176 | $39,798 |
| John Emerson | SVP Integrated Medical Group Key employee | 40 | $430,394 | $32,596 |
| Ivan Ip | System VP & Chief Med Info Officer Key employee | 40 | $371,996 | $44,380 |
| James Coffey | CH SVP; President, CH Foundation Key employee | 1 | $301,088 | $48,542 |
| Eric Hardy | SVP & President PAC Finance Highest-paid employee | 40 | $297,084 | $31,767 |
| Paige Hagerstorm | System Assistant VP Employee Experience Highest-paid employee | 0 | $290,016 | $36,259 |
| Anup Myneni | Deputy General Counsel Highest-paid employee | 0 | $290,377 | $14,010 |
| Lesley Adkinson E PhD RN | Director Trustee or director | 2 | $0 | $0 |
| Mark W Anthoine Sr | Director Trustee or director | 2 | $0 | $0 |
| Bruce Bonnell MD MPH | Director Trustee or director | 2 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert A Clark | Director Trustee or director | 2 | $0 |
| Catherine P Lovecchio PhD RN | Director Trustee or director | 2 | $0 |
| Thomas Mortimer | Director Trustee or director | 2 | $0 |
| Cherie Noe MD | Director (end 2/2024) Trustee or director | 2 | $0 |
| Sr Catherine O'Connor | Director Trustee or director | 2 | $0 |
| Gino J Pazzaglini | Director Trustee or director | 2 | $0 |
| Louise Trottier | Director Trustee or director | 2 | $0 |
| John Oliverio | Chair Trustee or director, Officer | 2 | $0 |
| Kenneth E Arnold | Vice Chair (end 6/2024) Trustee or director, Officer | 2 | $0 |
| Ralph Jenkins | Director; Vice Chair (start 6/2024) Trustee or director, Officer | 2 | $0 |
| Kathy Connerton JD MBA | Treasurer Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stephen Grubbs | President & CEO Trustee or director, Officer | 40 | $803,102 | $38,604 |
| John Jurczyk | SVP & President SJH Nashua Highest-paid employee | 0 | $760,347 | $38,184 |
| Steven Jorgensen | SVP & President SMHS Lewiston Highest-paid employee | 0 | $772,789 | $22,615 |
| Douglas Waite | SVP and Chief Medical Officer Key employee | 40 | $496,578 | $41,103 |
| Stephen Forney | SVP and Chief Financial Officer Officer | 40 | $495,159 | $38,300 |
| John Newman | SVP General Counsel Key employee | 40 | $466,023 | $32,340 |
| Mary Prybylo | SVP & President SJH Bangor Highest-paid employee | 0 | $408,701 | $40,615 |
| John Emerson | SVP Integrated Medical Group Key employee | 40 | $410,808 | $31,679 |
| Ivan Ip | System VP & Chief Med Info Officer Key employee | 40 | $366,705 | $42,340 |
| Richard Plamondon | VP Finance/CFO SJH Nashua (end 6/23) Highest-paid employee | 0 | $331,044 | $18,116 |
| James Coffey | CH SVP; President, CH Foundation Key employee | 1 | $276,264 | $46,726 |
| Eric Hardy | VP Finance Provider Enterprise/PAC Highest-paid employee | 40 | $269,720 | $29,591 |
| Karen Bowling | Former SVP & CIO Former | 0 | $279,507 | $9,041 |
| Lesley Adkinson E PhD RN | Director Trustee or director | 2 | $0 | $0 |
| Mark W Anthoine Sr | Director Trustee or director | 2 | $0 | $0 |
| Bruce Bonnell MD MPH | Director Trustee or director | 2 | $0 | $0 |
| Aisha Barlatier-Bonny | Director (end 6/2023) Trustee or director | 2 | $0 | $0 |
| Robert A Clark | Director Trustee or director | 2 | $0 | $0 |
| Kathy Connerton JD MBA | Director Trustee or director | 2 | $0 | $0 |
| Ralph Jenkins | Director Trustee or director | 2 | $0 | $0 |
| Catherine P Lovecchio PhD RN | Director Trustee or director | 2 | $0 | $0 |
| William P Lucy | Director (end 6/2023) Trustee or director | 2 | $0 | $0 |
| Thomas Mortimer | Director Trustee or director | 2 | $0 | $0 |
| Cherie Noe MD | Director Trustee or director | 2 | $0 | $0 |
| Sr Catherine O'Connor | Director Trustee or director | 2 | $0 | $0 |
| Gino J Pazzaglini | Director Trustee or director | 2 | $0 | $0 |
| Louise Trottier | Director Trustee or director | 2 | $0 | $0 |
| John Oliverio | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Kenneth E Arnold | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 40 SHATTUCK RD STE 317, ANDOVER, MA 01810-2456
- Principal officer (990 for 2024)
- Stephen Grubbs, 40 Shattuck Road 317, Andover, MA 01810
- Signed the 990
- Stephen Forney, CFO/Treasurer
- Phone
- (978) 654-6363
- Website
- covenanthealth.net
- Return prepared by
- Baker Newman & Noyes
Mission
Covenant Health is an innovative Catholic health organization committed to advancing the healing ministry of Jesus.
Program accomplishments
- Sponsoring and operating a Catholic health care system consisting of hospitals, nursing homes, assisted living residences, and other health and elder services, as well as furthering the delivery of health and human services consistent with the teachings and law of the Roman Catholic Church.Expenses $67,505,276 · grants $25,000 · revenue $77,358,227
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2484505
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Exempt since
- 1946
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E30B)
- Group exemption
- 0928: UNITED STATES CATHOLIC CONFERENCE
- Assets (IRS master file)
- $381,488,892
- Income (IRS master file)
- $77,592,623
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $77,518,193 | $76,713,106 | $381,488,892 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $78,489,788 | $74,210,597 | $364,146,367 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $80,912,625 | $79,496,874 | $348,125,512 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2484505).
Questions about COVENANT HEALTH INC
- What is the EIN of COVENANT HEALTH INC?
- The employer identification number (EIN) of COVENANT HEALTH INC is 22-2484505.
- Is COVENANT HEALTH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Which annual return does COVENANT HEALTH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COVENANT HEALTH INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COVENANT HEALTH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COVENANT HEALTH INC?
- The 990 for the year ended December 31, 2024 names Stephen Grubbs.
- Who are the officers and directors of COVENANT HEALTH INC?
- The 990 for the year ended December 31, 2024 lists 26 people; 12 received compensation from the organization, the highest $1,235,937 (Stephen Grubbs, President & CEO).
- How much revenue does COVENANT HEALTH INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $77,518,193, expenses of $76,713,106 and total assets of $381,488,892 at year end.
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