Nonprofit · EIN 80-0199674
COVENANT HEALTH FOUNDATION INC
Tax-exempt · ANDOVER, MA 01810
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,419,785 | $10,963 | $3,408,822 | $32,616,272 | $0 | $32,616,272 |
| December 31, 2023 | 990 | -$554,878 | $2,340 | -$557,218 | $30,347,162 | $0 | $30,347,162 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $101,173
- Program service revenue
- $0
- Investment income
- $3,318,612
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,576
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,925
- Program services (functional)
- $7,576
- Management and general (functional)
- $3,387
Balance sheet and other
- Total assets, start of year
- $30,347,162
- Total assets, end of year
- $32,616,272
- Total liabilities, end of year
- $0
- Net assets, end of year
- $32,616,272
- Net assets without donor restrictions
- $22,911
- Net assets with donor restrictions
- $32,593,361
- Gross receipts
- $3,419,785
- Employees
- 0
- Volunteers
- 14
- Year formed
- 2008
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Stephen Grubbs | President & CEO Trustee or director, Officer | 1 | $0 | $1,235,937 | $40,164 |
| Stephen Forney | SVP and Chief Financial Officer Officer | 1 | $0 | $817,738 | $36,123 |
| James Coffey | CH SVP; President, CH Foundation Officer | 40 | $0 | $301,088 | $48,542 |
| Lesley Adkinson E PhD RN | Director Trustee or director | 2 | $0 | $0 | $0 |
| Mark W Anthoine Sr | Director Trustee or director | 2 | $0 | $0 | $0 |
| Bruce Bonnell MD MPH | Director Trustee or director | 2 | $0 | $0 | $0 |
| Robert A Clark | Director Trustee or director | 2 | $0 | $0 | $0 |
| Catherine P Lovecchio PhD RN | Director Trustee or director | 2 | $0 | $0 | $0 |
| Thomas Mortimer | Director Trustee or director | 2 | $0 | $0 | $0 |
| Cherie Noe MD | Director (end 2/2024) Trustee or director | 2 | $0 | $0 | $0 |
| Sr Catherine O'Connor | Director Trustee or director | 2 | $0 | $0 | $0 |
| Gino J Pazzaglini | Director Trustee or director | 2 | $0 | $0 | $0 |
| Louise Trottier | Director Trustee or director | 2 | $0 | $0 | $0 |
| John Oliverio | Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Kenneth E Arnold | Vice Chair (end 6/2024) Trustee or director, Officer | 2 | $0 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| 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: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Stephen Grubbs | President & CEO Trustee or director, Officer | 1 | $0 | $803,102 | $38,604 |
| Stephen Forney | SVP and Chief Financial Officer Officer | 1 | $0 | $495,159 | $38,300 |
| James Coffey | CH SVP; President, CH Foundation Officer | 40 | $0 | $276,264 | $46,726 |
| Lesley Adkinson E PhD RN | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mark W Anthoine Sr | Director Trustee or director | 1 | $0 | $0 | $0 |
| Bruce Bonnell MD MPH | Director Trustee or director | 1 | $0 | $0 | $0 |
| Aisha Barlatier-Bonny | Director (end 6/2023) Trustee or director | 1 | $0 | $0 | $0 |
| Robert A Clark | Director Trustee or director | 1 | $0 | $0 | $0 |
| Kathy Connerton JD MBA | Director Trustee or director | 1 | $0 | $0 | $0 |
| Ralph Jenkins | Director Trustee or director | 1 | $0 | $0 | $0 |
| Catherine P Lovecchio PhD RN | Director Trustee or director | 1 | $0 | $0 | $0 |
| William P Lucy | Director (end 6/2023) Trustee or director | 1 | $0 | $0 | $0 |
| Thomas Mortimer | Director Trustee or director | 1 | $0 | $0 | $0 |
| Cherie Noe MD | Director Trustee or director | 1 | $0 | $0 | $0 |
| Sr Catherine O'Connor | Director Trustee or director | 1 | $0 | $0 | $0 |
| Gino J Pazzaglini | Director Trustee or director | 1 | $0 | $0 | $0 |
| Louise Trottier | Director Trustee or director | 1 | $0 | $0 | $0 |
| John Oliverio | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Kenneth E Arnold | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 40 SHATTUCK RD STE 317, ANDOVER, MA 01810-2456
- In care of
- % COVENANT HEALTH SYSTEMS
- Mailing address (990-N for 2017)
- 100 AMES POND DRIVE STE 102, Tewksbury MA 01876
- Principal officer (990 for 2024)
- Stephen Grubbs, 40 Shattuck Road 317, Andover, MA 01810
- Principal officer (990-N for 2017)
- John Ahle, 100 AMES POND DRIVE STE 102, Tewksbury MA 01876
- Signed the 990
- Stephen Grubbs, President & CEO
- Phone
- (978) 654-6363
- Website
- www.covenanthealth.net/
- Return prepared by
- Baker Newman & Noyes
Mission
The Covenant Health Foundation provides support and grants to the other not-for-profit organizations in the Covenant Health System.
Program accomplishments
- The Covenant Health Foundation provides support and grants to the other not-for-profit in the Covenant Health System.Expenses $7,576 · grants $7,576
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
- 80-0199674
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P81)
- Assets (IRS master file)
- $32,616,272
- Income (IRS master file)
- $3,419,785
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,419,785 | $10,963 | $32,616,272 | IRS |
| 990 | December 2023 | -$554,878 | $2,340 | $30,347,162 | XML |
| 990 | December 2022 | -$178,418 | $7,115 | $25,676,535 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: John Ahle | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 80-0199674).
Questions about COVENANT HEALTH FOUNDATION INC
- What is the EIN of COVENANT HEALTH FOUNDATION INC?
- The employer identification number (EIN) of COVENANT HEALTH FOUNDATION INC is 80-0199674.
- Is COVENANT HEALTH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to COVENANT HEALTH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COVENANT HEALTH FOUNDATION 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 FOUNDATION 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 FOUNDATION 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 FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Stephen Grubbs.
- Who are the officers and directors of COVENANT HEALTH FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
- How much revenue does COVENANT HEALTH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,419,785, expenses of $10,963 and total assets of $32,616,272 at year end.
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