COVENANT MEDICAL CENTER Charity Report

Public IRS 990 nonprofit record

COVENANT MEDICAL CENTER

EIN 82-2913146 · General Hospitals (E22)

What they do

AS EXPRESSIONS of GODS HEALING LOVE, WITNESSED THROUGH THE MINISTRY of JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR and VULNERABLE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.80 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 leaders24 people are listed in the latest report.

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

Money made simple

100.51%of revenue went to mission work93.8% of expenses · Program services

$107.15spent for every $100 of revenueSpending was higher than revenue this year.

6.63%of revenue went to management and office costs6.2% of expenses

$1.13in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%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 $40,272,144 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $481,643 for CHRIS LANCASTER (FORMER CEO - CMC). 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$563,599,324

Mission workProgram services$566,478,618100.51% of revenue93.8% of expenses

ManagementOffice and general costs$37,392,8506.63% of revenue6.2% of expenses

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

Total expenses$603,871,468107.15% 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: 93.8% mission · 6.2% management · 0.0% fundraisingTotal expenses: 107.15% of revenue

2023Expense mix: 93.9% mission · 6.1% management · 0.0% fundraisingTotal expenses: 113.39% of revenue

2022Expense mix: 92.6% mission · 7.4% management · 0.0% fundraisingTotal expenses: 114.94% of revenue

2021Expense mix: 92.6% mission · 7.4% management · 0.0% fundraisingTotal expenses: 104.45% of revenue

2020Expense mix: 94.2% mission · 5.8% management · 0.0% fundraisingTotal expenses: 115.48% of revenue

2019Expense mix: 96.0% mission · 4.0% management · 0.0% fundraisingTotal expenses: 105.82% of revenue

Money in and money out

Revenue$563,599,324

Expenses$603,871,468

Annual shortfall $40,272,144 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)$566,478,618 · 93.8% of expenses

Management and office costs$37,392,850 · 6.2% of expenses

See all reported dollar amounts

Revenue$563,599,324

Expenses$603,871,468

Assets$684,871,208

Income$565,056,460

Contributions$934,866

Mission work (program services)$566,478,618

Grants given$7,911,600

Average grant$7,911,600

Management and general$37,392,850

Stocks and bonds$169,200,103

Investing fees$769,725

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

CHRIS LANCASTERFORMER CEO - CMC $481,643

LARA JOHNSONCHIEF MEDICAL OFFICER MARKET · 50 hrs/week $390,702Base $368,901 · Other $21,801

DANIEL HRONEKCHIEF NURSING OFFICER · 50 hrs/week $307,141Base $274,342 · Other $32,799

GEORGE HARLANSENIOR CLINICAL PHARMACIST · 50 hrs/week $303,683Base $263,724 · Other $39,959

JASBINDER GILLACUTE CARE RN · 50 hrs/week $301,365Base $263,637 · Other $37,728

JIHANNE PADUAACUTE CARE RN · 50 hrs/week $267,818Base $244,825 · Other $22,993

WALTER CATHEYFRMR OFF. - NM/TX REG CE $205,579Base · Other $205,579

AMY THOMPSON MDLUBBOCK AREA MARKET/CEO · 1 hrs/week $112,684Base · Other $112,684

JENNIFER BRYANLUBBOCK AREA MARKET/CFO · 11 hrs/week $28,590Base · Other $28,590

SHELLY HOOK MDBOARD MEMBER - THRU 12/31/24 $20,787Base · Other $20,787

KATHLEEN BURRELLSECR. CHIEF GOVERNANCE OFF. $15,437Base · Other $15,437

JAMES KELLYFRMR OFF. - VP SENIOR CORP COUNSEL $13,669Base · Other $13,669

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 (24)

CHRIS LANCASTERFORMER CEO - CMC

LARA JOHNSONCHIEF MEDICAL OFFICER MARKET

DANIEL HRONEKCHIEF NURSING OFFICER

GEORGE HARLANSENIOR CLINICAL PHARMACIST

JASBINDER GILLACUTE CARE RN

JIHANNE PADUAACUTE CARE RN

WALTER CATHEYFRMR OFF. - NM/TX REG CE

AMY THOMPSON MDLUBBOCK AREA MARKET/CEO

JENNIFER BRYANLUBBOCK AREA MARKET/CFO

SHELLY HOOK MDBOARD MEMBER - THRU 12/31/24

KATHLEEN BURRELLSECR. CHIEF GOVERNANCE OFF.

JAMES KELLYFRMR OFF. - VP SENIOR CORP COUNSEL

CHETLEN CROSSNOE MDBOARD MEMBER

RICHARD PARKSFRMR OFF - TX/NM REG. CE

DAN BERMAN MDBOARD MEMBER

SYDNEY HOPPERBOARD MEMBER

SHAUN FORGERSONBOARD MEMBER

MICHELLE MCCORDBOARD MEMBER

BECKY GARZABOARD MEMBER

KEINO MCWHINNEYBOARD MEMBER

JOHN GRIGSONFRMR OFF. - TX/NM REG. CFO

CHAD WHEELERBOARD MEMBER

JESSIE MENDOZABOARD MEMBER/CHAIR

DERICK HAGGARD MDBOARD MEMBER - THRU 12/31/24

About this charity

Recognized since: January 2018
Location: 1801 LIND AVE SW ATTN TAX DEPT, RENTON, WA 98057
County: King
In care of: JENNIFER BRYAN
Primary officer: JENNIFER BRYAN, CFO

How to reach them

WebsiteVisit the charity’s website Emailgovernmentaffairs@providence.org Phone(806) 725-0000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: General Hospitals (E22)
IRS tax category: General Hospitals
Grant-giving organization: Yes