COVENANT HEALTH INC Charity Report

Public IRS 990 nonprofit record

COVENANT HEALTH INC

EIN 22-2484505 · Health Care (E30B)

What they do

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 Organizations Website for The 2020 Covenant Health Corporate Report.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.08%of revenue went to mission work88.0% of expenses · Program services

$98.96spent for every $100 of revenueRevenue covered expenses this year.

11.88%of revenue went to management and office costs12.0% of expenses

$4.97in assets for every $1 spent this yearSome assets cannot be spent right away.

0.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,276,101 for STEPHEN GRUBBS (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$77,518,193

Mission workProgram services$67,505,27687.08% of revenue88.0% of expenses

ManagementOffice and general costs$9,207,83011.88% of revenue12.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$805,0871.04% of revenueShown in gray on the chart

Total expenses$76,713,10698.96% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 88.0% mission · 12.0% management · 0.0% fundraisingTotal expenses: 98.96% of revenue

2023Expense mix: 81.7% mission · 18.3% management · 0.0% fundraisingTotal expenses: 94.55% of revenue

2022Expense mix: 83.8% mission · 16.2% management · 0.0% fundraisingTotal expenses: 98.25% of revenue

2021Expense mix: 96.4% mission · 3.6% management · 0.0% fundraisingTotal expenses: 98.36% of revenue

2020Expense mix: 96.6% mission · 3.4% management · 0.0% fundraisingTotal expenses: 103.14% of revenue

2019Expense mix: 96.6% mission · 3.4% management · 0.0% fundraisingTotal expenses: 97.88% of revenue

2018Expense mix: 97.2% mission · 2.8% management · 0.0% fundraisingTotal expenses: 99.42% of revenue

2017Expense mix: 95.8% mission · 4.2% management · 0.0% fundraisingTotal expenses: 110.70% of revenue

Money in and money out

Revenue$77,518,193

Expenses$76,713,106

Annual surplus $805,087 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$67,505,276 · 88.0% of expenses

Management and office costs$9,207,830 · 12.0% of expenses

See all reported dollar amounts

Revenue$77,518,193

Expenses$76,713,106

Assets$381,488,892

Income$77,592,623

Contributions$50,653

Mission work (program services)$67,505,276

Grants given$172,192

Average grant$10,762

Management and general$9,207,830

Executive compensation (total)$4,675,033

Accounting fees$135,850

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STEPHEN GRUBBSPRESIDENT & CEO · 40 hrs/week $1,276,101Base $1,235,937 · Other $40,164

STEPHEN FORNEYSVP AND CHIEF FINANCIAL OFFICER · 40 hrs/week $853,861Base $817,738 · Other $36,123

JOHN NEWMANSVP GENERAL COUNSEL · 40 hrs/week $847,638Base $814,976 · Other $32,662

DOUGLAS WAITESVP AND CHIEF MEDICAL OFFICER · 40 hrs/week $677,160Base $636,913 · Other $40,247

MARY PRYBYLOSVP & PRESIDENT SJH BANGOR $575,948Base $536,374 · Other $39,574

JOHN JURCZYKSVP & PRESIDENT SJH NASHUA $515,974Base $476,176 · Other $39,798

JOHN EMERSONSVP INTEGRATED MEDICAL GROUP · 40 hrs/week $462,990Base $430,394 · Other $32,596

IVAN IPSYSTEM VP & CHIEF MED INFO OFFICER · 40 hrs/week $416,376Base $371,996 · Other $44,380

JAMES COFFEYCH SVP; PRESIDENT, CH FOUNDATION · 1 hrs/week $349,630Base $301,088 · Other $48,542

ERIC HARDYSVP & PRESIDENT PAC FINANCE · 40 hrs/week $328,851Base $297,084 · Other $31,767

PAIGE HAGERSTORMSYSTEM ASSISTANT VP EMPLOYEE EXPERIENCE $326,275Base $290,016 · Other $36,259

ANUP MYNENIDEPUTY GENERAL COUNSEL $304,387Base $290,377 · Other $14,010

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

STEPHEN GRUBBSPRESIDENT & CEO

STEPHEN FORNEYSVP AND CHIEF FINANCIAL OFFICER

JOHN NEWMANSVP GENERAL COUNSEL

DOUGLAS WAITESVP AND CHIEF MEDICAL OFFICER

MARY PRYBYLOSVP & PRESIDENT SJH BANGOR

JOHN JURCZYKSVP & PRESIDENT SJH NASHUA

JOHN EMERSONSVP INTEGRATED MEDICAL GROUP

IVAN IPSYSTEM VP & CHIEF MED INFO OFFICER

JAMES COFFEYCH SVP; PRESIDENT, CH FOUNDATION

ERIC HARDYSVP & PRESIDENT PAC FINANCE

PAIGE HAGERSTORMSYSTEM ASSISTANT VP EMPLOYEE EXPERIENCE

ANUP MYNENIDEPUTY GENERAL COUNSEL

KATHY CONNERTON JD MBATREASURER

SR CATHERINE OCONNORDIRECTOR

ROBERT A CLARKDIRECTOR

RALPH JENKINSDIRECTOR; VICE CHAIR (START 6/2024)

THOMAS MORTIMERDIRECTOR

MARK W ANTHOINE SRDIRECTOR

LOUISE TROTTIERDIRECTOR

LESLEY ADKINSON E PHD RNDIRECTOR

KENNETH E ARNOLDVICE CHAIR (END 6/2024)

JOHN OLIVERIOCHAIR

GINO J PAZZAGLINIDIRECTOR

CHERIE NOE MDDIRECTOR (END 2/2024)

CATHERINE P LOVECCHIO PHD RNDIRECTOR

BRUCE BONNELL MD MPHDIRECTOR

About this charity

Recognized since: January 1946
Location: 40 Shattuck Road 317, Andover, MA 01810
County: Essex
In care of: Stephen Forney
Primary officer: Stephen Forney, CFO/Treasurer

How to reach them

WebsiteVisit the charity’s website EmailCommunications@sjhhealth.com Phone(978) 654-6363

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER NEWMAN & NOYES
NTEE classification: Health Care (E30B)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes