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Nonprofit · EIN 85-0663195

COVENANT HEALTHSHARE INC

Tax-exempt · ATLANTA, GA 30303

Financials

$2.4M$2.5M2022$2.3M$1.5M2023$15.2M$12.8M2024
Revenue Expenses · by fiscal year end
Financials of COVENANT HEALTHSHARE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$15,158,797$12,843,699$2,315,098$3,222,372$40,009$3,182,363
December 31, 2023990$2,250,266$1,508,955$741,311$867,232$0$867,232
December 31, 2022990$2,374,129$2,488,527-$114,398$125,921$0$125,921
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$15,158,797
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$481,044
Other salaries and wages
$14,811
Salaries, compensation and benefits (total)
$525,357
Professional fundraising fees
$0
Legal fees
$205,778
Accounting fees
$9,691
Occupancy
$270
Travel
$28,399
Program services (functional)
$12,628,230
Management and general (functional)
$215,469

Balance sheet and other

Total assets, start of year
$867,232
Total assets, end of year
$3,222,372
Total liabilities, end of year
$40,009
Net assets, end of year
$3,182,363
Land, buildings and equipment
$37,428
Net assets without donor restrictions
$3,182,363
Gross receipts
$15,158,797
Employees
3
Volunteers
0
Year formed
2020
State of legal domicile
GA

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.

NameTitleHours / weekCompensationOther / benefits
WAYNE MARTIN JRDIRECTOR, PRESIDENT & CEO
Trustee or director, Officer
2$304,221$14,811
BISHOP ARTHUR MOSLEYBOARD SECRETARY
Trustee or director, Officer
2$124,615$1,638
CHRISTA FREEMANCFO
Trustee or director
2$52,208$819
BERNARD TOKARZDIRECTOR, TREASURER & CFO
Trustee or director, Officer
2$0$0
DR ROOSEVELT ALLENDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WAYNE MARTIN JRDIRECTOR, PRESIDENT & CEO
Trustee or director, Officer
2$0
BISHOP ARTHUR MOSLEYDIRECTOR, BOARD CHAIRMAN &
Trustee or director, Officer
2$0
BERNARD TOKARZDIRECTOR, TREASURER & CFO
Trustee or director, Officer
2$0
CHRISTA FREEMANBOARD DIRECTOR
Trustee or director
2$0
DR ROOSEVELT ALLENBOARD DIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2022: 5 people
NameTitleHours / weekCompensation
WAYNE MARTIN JRDIRECTOR, PRESIDENT & CEO
Trustee or director, Officer
2$0
BISHOP ARTHUR MOSLEYDIRECTOR, BOARD CHAIRMAN &
Trustee or director, Officer
2$0
BERNARD TOKARZDIRECTOR, TREASURER & CFO
Trustee or director, Officer
2$0
CHRISTA FREEMANBOARD DIRECTOR
Trustee or director
2$0
DR ROOSEVELT ALLENBOARD DIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
100 PEACHTREE ST NW, ATLANTA, GA 30303-1906
In care of
% ANNE B COMPTON-BROWN ESQ
Principal officer (990 for 2024)
WAYNE MARTIN JR, 100 PEACHTREE ST NW 2020, ATLANTA, GA 30303
Signed the 990
WAYNE MARTIN JR, PRESIDENT & CEO
Phone
(855) 539-1552
Return prepared by
MARSHALL JONES

Mission

TO GLORIFY GOD THROUGH THE FACILITATION OF SHARING MEMBERS' MEDICAL NEEDS, PROVIDE SUPPORT AND PRAYER IN MEMBERS' TIME OF BURDEN, PREACH AND EMPOWER THE WORD OF GOD, AND ENCOURAGE A HEALTHY LIFESTYLE FOR CHRIST.

990 for the year ended December 31, 2024

Program accomplishments

  • CREATE A COMMUNITY OF CHRISTIANS THAT AID ONE ANOTHER'S BURDENS AND EMPOWER THE WORD OF GOD GLOBALLY. OUR FOUNDATION IS BUILT ON THE RICH LEGACY OF THE CHURCH OF GOD IN CHRIST, INC. (COGIC), A CHRISTIAN ORGANIZATION IN THE HOLINESS-PENTECOSTAL TRADITION. COGIC IS THE LARGEST PENTECOSTAL DENOMINATION IN THE UNITED STATES, WITH CONGREGATIONS IN ALL 50 STATES AND IN OVER 100 COUNTRIES AROUND THE WORLD.
    Expenses $12,628,230 · revenue $15,158,797

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-0663195
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$3,222,372
Income (IRS master file)
$15,158,797

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$15,158,797$12,843,699$3,222,372IRS
990December 2023$2,250,266$1,508,955$867,232XML
990December 2022$2,374,129$2,488,527$125,921XML
990December 2021–––IRS
990December 2020–––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 85-0663195).

Questions about COVENANT HEALTHSHARE INC

What is the EIN of COVENANT HEALTHSHARE INC?
The employer identification number (EIN) of COVENANT HEALTHSHARE INC is 85-0663195.
Is COVENANT HEALTHSHARE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to COVENANT HEALTHSHARE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COVENANT HEALTHSHARE 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 HEALTHSHARE 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 HEALTHSHARE 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 HEALTHSHARE INC?
The 990 for the year ended December 31, 2024 names WAYNE MARTIN JR.
Who are the officers and directors of COVENANT HEALTHSHARE INC?
The 990 for the year ended December 31, 2024 lists 5 people; 3 received compensation from the organization, the highest $304,221 (WAYNE MARTIN JR, DIRECTOR, PRESIDENT & CEO).
How much revenue does COVENANT HEALTHSHARE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $15,158,797, expenses of $12,843,699 and total assets of $3,222,372 at year end.

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