COVE BEHAVIORAL HEALTH INC Charity Report

Public IRS 990 nonprofit record

COVE BEHAVIORAL HEALTH INC

EIN 59-1514993 · Mental Health & Crisis Intervention (F22O)

What they do

COVE BEHAVIORAL HEALTH SUPPORTS OUR COMMUNITYS OVERALL WELLNESS BY PROVIDING ACCESSIBLE and COMPASSIONATE BEHAVIORAL HEALTH CARE. COVE BEHAVIORAL HEALTH is COMMITTED to EXCELLENCE IN BEHAVIORAL HEALTH CARE and to BUILDING A SHARED VISION of HOPE for A HEALTHIER COMMUNITY. AS A LARGE COMMUNITY BASED PROVIDER of BEHAVIORAL HEALTH SERVICES, COVE SERVES OVER 35,000 PERSONS ANNUALLY THROUGH AWARD WINNING BEHAVIORAL HEALTH PREVENTION, INTERVENTION, and TREATMENT PROGRAMS. COVE is ACCREDITED BY THE NATIONALLY RECOGNIZED COMMISSION ON ACCREDITATION of REHABILITATION FACILITIES (CARF). WE ARE COMMITTED to BEING AN INCLUSIVE ORGANIZATION WHERE PEOPLE ARE TREATED FAIRLY and RECOGNIZED for THEIR INDIVIDUALITY.EFFECTIVE JULY 1, 2025 (SUBSEQUENT to YEAR END), COVE COMPLETED A MERGER WITH GRACEPOINT HEALTHCARE ("GRACEPOINT"). UNDER THE TERMS of THE MERGER AGREEMENT, COVE and ITS TWO WHOLLY-OWNED SUBSIDIARIES WERE CONSOLIDATED INTO GRACEPOINT and ALL THE ORGANIZATIONS ASSETS, LIABILITIES, and NET AS

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.70 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 leaders27 people are listed in the latest report.

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

Money made simple

87.87%of revenue went to mission work84.7% of expenses · Program services

0.97%of revenue went to fundraising0.9% of expenses

$103.80spent for every $100 of revenueSpending was higher than revenue this year.

14.95%of revenue went to management and office costs14.4% of expenses

$1.04in assets for every $1 spent this yearSome assets cannot be spent right away.

81.2%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.

Worth asking: Expenses exceeded revenue by $832,411 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $315,852 for DEANNA S OBREGON (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$21,922,575

Mission workProgram services$19,263,22987.87% of revenue84.7% of expenses

ManagementOffice and general costs$3,278,14514.95% of revenue14.4% of expenses

FundraisingAsking for donations$213,6120.97% of revenue0.9% of expenses

Total expenses$22,754,986103.80% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 84.7% mission · 14.4% management · 0.9% fundraisingTotal expenses: 103.80% of revenue

2023Expense mix: 83.1% mission · 16.3% management · 0.6% fundraisingTotal expenses: 97.48% of revenue

2022Expense mix: 80.0% mission · 19.7% management · 0.2% fundraisingTotal expenses: 92.51% of revenue

2021Expense mix: 81.2% mission · 18.8% management · 0.0% fundraisingTotal expenses: 92.77% of revenue

2020Expense mix: 81.8% mission · 18.2% management · 0.0% fundraisingTotal expenses: 84.06% of revenue

2019Expense mix: 78.5% mission · 21.5% management · 0.0% fundraisingTotal expenses: 105.07% of revenue

2018Expense mix: 79.8% mission · 20.2% management · 0.0% fundraisingTotal expenses: 99.91% of revenue

2017Expense mix: 82.6% mission · 17.4% management · 0.0% fundraisingTotal expenses: 96.94% of revenue

Money in and money out

Revenue$21,922,575

Expenses$22,754,986

Annual shortfall $832,411 Expenses were higher than revenue 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)$19,263,229 · 84.7% of expenses

Management and office costs$3,278,145 · 14.4% of expenses

Fundraising$213,612 · 0.9% of expenses

See all reported dollar amounts

Revenue$21,922,575

Expenses$22,754,986

Assets$23,576,999

Income$22,011,821

Contributions$17,807,507

Mission work (program services)$19,263,229

Fundraising$213,612

Management and general$3,278,145

Stocks and bonds$2,356,949

Accounting fees$42,070

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

DEANNA S OBREGONCEO · 40 hrs/week $315,852Base $276,402 · Other $39,450

VENKATESWARLU MUVVAMEDICAL DIRECTOR · 40 hrs/week $315,209Base $296,561 · Other $18,648

BRYAN DANZIPHYSICIAN · 40 hrs/week $308,538Base $277,582 · Other $30,956

ALEXANDER SINUPHYSICIAN · 40 hrs/week $263,151Base $248,077 · Other $15,074

ANTOINETTE HAGLEYCCO · 40 hrs/week $195,104Base $169,231 · Other $25,873

JANE DAWSONAPRN · 40 hrs/week $181,263Base $146,415 · Other $34,848

JANET RAMOSCLINICAL OP ADMIN · 40 hrs/week $124,865Base $107,391 · Other $17,474

MICHAEL NEUMANNFORMER CFO · 40 hrs/week $102,697Base $102,500 · Other $197

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 (27)

DEANNA S OBREGONCEO

VENKATESWARLU MUVVAMEDICAL DIRECTOR

BRYAN DANZIPHYSICIAN

ALEXANDER SINUPHYSICIAN

ANTOINETTE HAGLEYCCO

JANE DAWSONAPRN

JANET RAMOSCLINICAL OP ADMIN

MICHAEL NEUMANNFORMER CFO

ROLANDO SANCHEZMEMBER

ROBERT WILLIAMSSECRETARY

ROB PARISEAUPRESIDENT

PETER BARRETTMEMBER

KATIE GLASERMEMBER

SULAMAN HEMANIMEMBER

JENNIFER DURHAM2ND VICE PRES.

TAMMI RATTRAYPAST PRESIDENT

HIRAM HAMPTONMEMBER

HOLLY HILLSMEMBER

H TYSON LYKES IIIMEMBER

GUY SAMUELMEMBER

GINNY MCGUCKENMEMBER

FRANK LOSAT1ST VICE PRES.

EARL HORTONTREASURER

DONNA TURNERMEMBER

CHARLES SANSONEMEMBER

BRAD JOHNSONMEMBER

ANDREA WHITEMEMBER

About this charity

Recognized since: January 1976
Location: 4422 E COLUMBUS DR, TAMPA, FL 33605-3233
County: Hillsborough
In care of: % DACCO
Primary officer: Deanna S Obregon, CEO

How to reach them

WebsiteVisit the charity’s website Emailsivif@dacco.org Phone(813) 384-4000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BARTON GONZALEZ & MYERS PA
NTEE classification: Mental Health & Crisis Intervention (F22O)
IRS tax category: Other Grantmaking and Giving Services