NonprofitsCovenant Health Inc

Health Care

Covenant Health Inc

ANDOVER, MA

Total revenue

$77.5M

Total expenses

$76.7M

Net assets

$142.8M

Grants received

$761K

7 grants

EIN

222484505

Tax year

2024

Mission

Covenant Health is a Catholic health care system sponsoring hospitals, nursing homes, assisted living residences, and other health and elder services throughout New England. The Organization is committed to the health of the individuals and communities it serves, and the Organization strives to offer a continuum of high quality care. Please see the Organization's website for the 2020 Covenant Health Corporate Report.

Financials

FY 2024

Revenue

Contributions & grants$51K
Program service revenue$77.4M
Investment income$109K
Other revenue
Total revenue$77.5M

Expenses

Grants paid$25K
Salaries & benefits$25.6M
Fundraising
Other expenses$51.1M
Total expenses$76.7M
Total assets$381.5M
Net assets$142.8M

People

26 listed

NameRoleCompensation

Stephen Grubbs

President & CEO

Board

$1.2M

40 hrs/wk

Stephen Forney

SVP and Chief Financial Officer

Board

$818K

40 hrs/wk

Kenneth E Arnold

Vice Chair (end 6/2024)

Board

2 hrs/wk

Ralph Jenkins

Director; Vice Chair (start 6/2024)

Board

2 hrs/wk

Kathy Connerton JD MBA

Treasurer

Board

2 hrs/wk

Gino J Pazzaglini

Director

Board

2 hrs/wk

Sr Catherine O'Connor

Director

Board

2 hrs/wk

Cherie Noe MD

Director (end 2/2024)

Board

2 hrs/wk

Thomas Mortimer

Director

Board

2 hrs/wk

Catherine P Lovecchio PhD RN

Director

Board

2 hrs/wk

Robert A Clark

Director

Board

2 hrs/wk

Bruce Bonnell MD MPH

Director

Board

2 hrs/wk

Mark W Anthoine Sr

Director

Board

2 hrs/wk

Louise Trottier

Director

Board

2 hrs/wk

Lesley Adkinson E PhD RN

Director

Board

2 hrs/wk

John Oliverio

Chair

Board

2 hrs/wk

John Newman

SVP General Counsel

Staff

$815K

40 hrs/wk

Douglas Waite

SVP and Chief Medical Officer

Staff

$637K

40 hrs/wk

Mary Prybylo

SVP & President SJH Bangor

Staff

$536K

0

John Jurczyk

SVP & President SJH Nashua

Staff

$476K

0

John Emerson

SVP Integrated Medical Group

Staff

$430K

40 hrs/wk

Ivan Ip

System VP & Chief Med Info Officer

Staff

$372K

40 hrs/wk

James Coffey

CH SVP; President, CH Foundation

Staff

$301K

1 hrs/wk

Eric Hardy

SVP & President PAC Finance

Staff

$297K

40 hrs/wk

Anup Myneni

Deputy General Counsel

Staff

$290K

0

Paige Hagerstorm

System Assistant VP Employee Experience

Staff

$290K

0

Independent contractors

Ensemble RCM LLC

Management and consulting services

$45.1M

Premier Healthcare Solutions

Healthcare analytics and consulting

$11.5M

Good Help Connections LLC

Telecommunications and IT solutions

$10.1M

Microsoft

IT service and support

$3.0M

3M Health Information Systems

IT service and support

$1.0M

Grants received

Showing 7 of 7

FromAmountPurposeYear
$39K
Supplyview
2023
$37K
Supplyview
2022
$37K
Supplyview
2021
$238K
Supplyview; Strengthening Capacity for Emergency TeleCare at Covenant Health Acute Hospitals
2020
$238K
Supplyview; Labor Productivity Benchmarking
2019
$166K
Supplyview; Acute Revenue Cycle Intergration & Consolidation
2017

Funded by

$761K from 2 funders · 7 grants · 2017–2023

Yankee Alliance Inc

$755K · 6 grants · 2017–2023

Details

EIN222484505
NTEE codeE30B
Subsection03
Ruling date1946-03
Formed1983
Employees163
Volunteers16
COVENANT HEALTH INC — Mission, Financials & Grants Received | Grantivo