COVENANT HEALTH INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- COVENANT HEALTH INC (EIN 22-2484505)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-05
- IRS object ID
- 202513099349303291
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-05T15:40:49-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 010494526 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman & Noyes | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 650 Elm Street Suite 302 | AddressLine1Txt |
| City | Manchester | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222484505 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Covenant Health Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COVE | BusinessNameControlTxt |
| Phone | 9786546363 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 Shattuck Road 317 | AddressLine1Txt |
| City | Andover | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01810 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Stephen Forney | PersonNm |
| Person Title | CFO/Treasurer | PersonTitleTxt |
| Phone | 9786546363 | PhoneNum |
| Signature | 2025-10-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Connor Smart | PreparerPersonNm |
| PTIN | P02285543 | PTIN |
| Phone | 6036262200 | PhoneNum |
| Preparation | 2025-10-23 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Stephen Grubbs | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 Shattuck Road 317 | AddressLine1Txt |
| City | Andover | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01810 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $77,592,623 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | covenanthealth.net | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 163 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $16,901 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $13,579 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $201,361 | PYContributionsGrantsAmt |
| CY Contributions Grants | $50,653 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $73,787,814 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $77,358,227 | CYProgramServiceRevenueAmt |
| PY Investment Income | $14,770 | PYInvestmentIncomeAmt |
| CY Investment Income | $109,313 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,485,843 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $78,489,788 | PYTotalRevenueAmt |
| CY Total Revenue | $77,518,193 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $72,141 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $25,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $19,508,874 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $25,571,866 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $54,629,582 | PYOtherExpensesAmt |
| CY Other Expenses | $51,116,240 | CYOtherExpensesAmt |
| PY Total Expenses | $74,210,597 | PYTotalExpensesAmt |
| CY Total Expenses | $76,713,106 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,279,191 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $805,087 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $364,146,367 | TotalAssetsBOYAmt |
| Total Assets EOY | $381,488,892 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $256,471,167 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $238,640,425 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $107,675,200 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $142,848,467 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Covenant Health is an innovative Catholic health organization committed to advancing the healing ministry of Jesus. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $67,505,276 | ExpenseAmt |
| Grant | $25,000 | GrantAmt |
| Revenue | $77,358,227 | RevenueAmt |
| Desc | Sponsoring and operating a Catholic health care system consisting of hospitals, nursing homes, assisted living residences, and other health and elder services, as well as furthering the delivery of health and human services consistent with the teachings and law of the Roman Catholic Church. | Desc |
| Total Program Service Expenses | $67,505,276 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 67 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 163 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Stephen Grubbs Chief Executive Officer | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9786546363 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 Shattuck Road 317 | AddressLine1Txt |
| City | Andover | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01810 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Stephen Grubbs | |||||||||
| President & CEO | 40.00 | 5.50 | Yes (X) | Yes (X) | $1,235,937 | $0 | $40,164 | ||
| Lesley Adkinson E PhD RN | |||||||||
| Director | 2.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| Mark W Anthoine Sr | |||||||||
| Director | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Bruce Bonnell MD MPH | |||||||||
| Director | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Robert A Clark | |||||||||
| Director | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Catherine P Lovecchio PhD RN | |||||||||
| Director | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Thomas Mortimer | |||||||||
| Director | 2.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| Cherie Noe MD | |||||||||
| Director (end 2/2024) | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Sr Catherine O'Connor | |||||||||
| Director | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Gino J Pazzaglini | |||||||||
| Director | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| Louise Trottier | |||||||||
| Director | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| John Oliverio | |||||||||
| Chair | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Kenneth E Arnold | |||||||||
| Vice Chair (end 6/2024) | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Ralph Jenkins | |||||||||
| Director; Vice Chair (start 6/2024) | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Kathy Connerton JD MBA | |||||||||
| Treasurer | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Stephen Forney | |||||||||
| SVP and Chief Financial Officer | 40.00 | 1.60 | Yes (X) | $817,738 | $0 | $36,123 | |||
| Douglas Waite | |||||||||
| SVP and Chief Medical Officer | 40.00 | 0.00 | $636,913 | $0 | $40,247 | Yes (X) | |||
| John Newman | |||||||||
| SVP General Counsel | 40.00 | 1.00 | $814,976 | $0 | $32,662 | Yes (X) | |||
| John Emerson | |||||||||
| SVP Integrated Medical Group | 40.00 | 0.00 | $430,394 | $0 | $32,596 | Yes (X) | |||
| James Coffey | |||||||||
| CH SVP; President, CH Foundation | 1.00 | 40.00 | $301,088 | $0 | $48,542 | Yes (X) | |||
| Ivan Ip | |||||||||
| System VP & Chief Med Info Officer | 40.00 | 0.00 | $371,996 | $0 | $44,380 | Yes (X) | |||
| Anup Myneni | |||||||||
| Deputy General Counsel | 0.00 | 40.00 | $290,377 | $0 | $14,010 | Yes (X) | |||
| John Jurczyk | |||||||||
| SVP & President SJH Nashua | 0.00 | 40.00 | $476,176 | $0 | $39,798 | Yes (X) | |||
| Mary Prybylo | |||||||||
| SVP & President SJH Bangor | 0.00 | 40.00 | $536,374 | $0 | $39,574 | Yes (X) | |||
| Paige Hagerstorm | |||||||||
| System Assistant VP Employee Experience | 0.00 | 40.00 | $290,016 | $0 | $36,259 | Yes (X) | |||
| Eric Hardy | |||||||||
| SVP & President PAC Finance | 40.00 | 0.00 | $297,084 | $0 | $31,767 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,499,069 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $436,122 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 56 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Ensemble RCM LLC | |||||
| PO Box 639076 | Cincinnati | OH | 45263 | Management and consulting services | $45,084,383 |
| Premier Healthcare Solutions | |||||
| 5882 Collections Cntr Dr | Chicago | IL | 60693 | Healthcare analytics and consulting | $11,507,129 |
| Good Help Connections LLC | |||||
| 1701 Mercy Health Place | Cincinnati | OH | 45237 | Telecommunications and IT solutions | $10,135,838 |
| Microsoft | |||||
| PO Box 842103 | Dallas | TX | 75284 | IT service and support | $3,015,780 |
| 3M Health Information Systems | |||||
| PO Box 844394 | Dallas | TX | 75284 | IT service and support | $1,009,072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 44 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $50,653 | AllOtherContributionsAmt |
| Total Contributions | $50,653 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Membership and other fees | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $77,358,227 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,358,227 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $77,358,227 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $117,200 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $16,901 | UnrelatedBusinessRevenueAmt |
| Exclusion | $100,299 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $66,543 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $74,430 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$7,887 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$7,887 | TotalRevenueColumnAmt |
| Exclusion | -$7,887 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,518,193 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $77,358,227 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $16,901 | UnrelatedBusinessRevenueAmt |
| Exclusion | $92,412 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,000 | TotalAmt |
| Program Services | $25,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,883,756 | TotalAmt |
| Program Services | $4,676,768 | ProgramServicesAmt |
| Management And General | $206,988 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,365,620 | TotalAmt |
| Program Services | $11,829,123 | ProgramServicesAmt |
| Management And General | $536,497 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,169 | TotalAmt |
| Program Services | $312,961 | ProgramServicesAmt |
| Management And General | $8,208 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,816,118 | TotalAmt |
| Program Services | $6,641,931 | ProgramServicesAmt |
| Management And General | $174,187 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,185,203 | TotalAmt |
| Program Services | $1,133,782 | ProgramServicesAmt |
| Management And General | $51,421 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,209,231 | TotalAmt |
| Management And General | $1,209,231 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,752 | TotalAmt |
| Management And General | $124,752 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,850 | TotalAmt |
| Management And General | $135,850 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,579 | TotalAmt |
| Management And General | $240,579 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,489,797 | TotalAmt |
| Program Services | $14,288,273 | ProgramServicesAmt |
| Management And General | $5,201,524 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,436 | TotalAmt |
| Program Services | $174,024 | ProgramServicesAmt |
| Management And General | $13,412 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,832 | TotalAmt |
| Program Services | $221,742 | ProgramServicesAmt |
| Management And General | $17,090 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,762,210 | TotalAmt |
| Program Services | $15,562,771 | ProgramServicesAmt |
| Management And General | $1,199,439 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,731 | TotalAmt |
| Program Services | $30,389 | ProgramServicesAmt |
| Management And General | $2,342 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,648 | TotalAmt |
| Program Services | $279,135 | ProgramServicesAmt |
| Management And General | $21,513 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,328,061 | TotalAmt |
| Program Services | $3,328,061 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,121,312 | TotalAmt |
| Program Services | $8,121,312 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,518 | TotalAmt |
| Program Services | $70,114 | ProgramServicesAmt |
| Management And General | $5,404 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Recruitment/relations | $830,022 | $770,629 | $59,393 |
| Dietary supplies | $37,911 | $37,911 | |
| Provider tax | $1,350 | $1,350 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,713,106 | TotalAmt |
| Program Services | $67,505,276 | ProgramServicesAmt |
| Management And General | $9,207,830 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,625,221 | BOYAmt |
| EOY | $4,076,960 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,131,834 | BOYAmt |
| EOY | $1,144,808 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,477,778 | BOYAmt |
| EOY | $4,159,485 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,320,793 | BOYAmt |
| EOY | $5,457,834 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $93,835,792 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $46,928,167 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,651,064 | BOYAmt |
| EOY | $46,907,625 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,783,751 | BOYAmt |
| EOY | $39,251,483 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $547,042 | BOYAmt |
| EOY | $453,926 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $257,608,884 | BOYAmt |
| EOY | $280,036,771 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,146,367 | BOYAmt |
| EOY | $381,488,892 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,591,216 | BOYAmt |
| EOY | $17,958,364 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,186,524 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $218,046,238 | BOYAmt |
| EOY | $218,335,808 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,647,189 | BOYAmt |
| EOY | $2,346,253 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,471,167 | BOYAmt |
| EOY | $238,640,425 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,144,512 | BOYAmt |
| EOY | $141,219,860 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,530,688 | BOYAmt |
| EOY | $1,628,607 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,675,200 | BOYAmt |
| EOY | $142,848,467 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,146,367 | BOYAmt |
| EOY | $381,488,892 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $805,087 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,609,819 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $30,758,361 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $38,830 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $230,583 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $138,942 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $201,361 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,653 | CurrentTaxYearAmt |
| Total | $660,369 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $65,145,894 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,089,882 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $79,370,149 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $73,787,814 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $77,358,227 | CurrentTaxYearAmt |
| Total | $365,751,966 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $65,184,724 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,320,465 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $79,509,091 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $73,989,175 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $77,408,880 | CurrentTaxYearAmt |
| Total | $366,412,335 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $15,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,322 | CurrentTaxYearAmt |
| Total | $56,322 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,000 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $15,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,322 | CurrentTaxYearAmt |
| Total | $56,322 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $366,356,013 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,469,423 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $439,444 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $371,593 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $47,711 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $100,299 | CurrentTaxYearAmt |
| Total | $2,428,470 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $39,408 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,519 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,863 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,331 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,901 | CurrentTaxYearAmt |
| Total | $89,022 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,508,831 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $450,963 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $382,456 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $58,042 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $117,200 | CurrentTaxYearAmt |
| Total | $2,517,492 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $16,901 | CurrentTaxYearAmt |
| Total | $16,901 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $4,485,843 | CurrentTaxYearMinus1YearAmt |
| Total | $4,485,843 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $66,693,555 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $70,771,428 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $79,891,547 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $78,533,060 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $77,542,981 | CurrentTaxYearAmt |
| Total | $373,432,571 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98100 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98060 | PublicSupportPY509Pct |
| Investment Income CY | 0.00670 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00710 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part III, Line 12, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | Gain on debt extinguishment - 2023 Amount: $ 4,485,843. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | Yes (1) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $106,595 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $240,579 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $347,174 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B, Line 1: | FormAndLineReferenceDesc |
| Explanation | Covenant Health Inc. was a member of the following organizations and associations throughout the tax year: - Catholic Health Association of the United States, - New Hampshire Hospital Association, and - The American Hospital Association. Based on Covenant Health's historic relationship with these Associations, it is possible that a portion of the dues paid to these Associations in 2024 were used for lobbying on behalf of Covenant Health and the other member-organizations in furtherance of their exempt purposes. Therefore, dues paid by Covenant Health Inc. to these associations in this tax year, as well as the portion estimated to have been available for lobbying expenditures, were as follows: American Hospital Association - Total Dues Paid: $209,157 - Lobbying Percentage: 39% - Estimated Portion Available for Lobbying: $81,571 Catholic Health Association - Total Dues Paid: $146,074 - Lobbying Percentage: 4% - Estimated Portion Available for Lobbying: $5,843 New Hampshire Health Association - Total Dues Paid: $100,951 - Lobbying Percentage: 19% - Estimated Portion Available for Lobbying: $19,181 Total Disclosed on this Schedule C, Part II-B, Line 1-f: $106,595. In addition to these memberships, Covenant Health Inc. engaged certain professional services and law firms to provide legal consulting, advocacy, and advisory services. In the course of providing these services, these firms may have assisted Covenant Health Inc. in advocating on matters of public interest that are specifically related to its own and its related organizations' exempt, charitable purposes. The firms engaged, the amounts paid for these services, and the portion of fees estimated to have been used for lobbying purposes during this tax year were as follows: Bernstein, Shur, Sawyer & Nelson, PA: - Total Fees Paid: $44,150 - Lobbying Percentage: 100% - Estimated Portion Available for Lobbying: $44,150 Kozak & Gayer, PA: - Total Fees Paid: $103,057 - Lobbying Percentage: 100% - Estimated Portion Available for Lobbying: $103,057 Norman Hanson & De Troy, LLC: - Total Fees Paid: $64,259 - Lobbying Percentage: 100% - Estimated Portion Available for Lobbying: $64,259 Nixon Peabody, LLP: - Total Fees Paid: $727,817 - Lobbying Percentage: 4% - Estimated Portion Available for Lobbying: $29,113 Total Professional Fees Estimated as Available for Lobbying: $240,579 | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,530,688 | BeginningYearBalanceAmt |
| Contributions | $50,653 | ContributionsAmt |
| Investment Earnings Or Losses | $113,809 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $66,543 | OtherExpendituresAmt |
| End Year Balance | $1,628,607 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,979,401 | BeginningYearBalanceAmt |
| Contributions | $200,861 | ContributionsAmt |
| Investment Earnings Or Losses | -$5,559,124 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $90,450 | OtherExpendituresAmt |
| End Year Balance | $1,530,688 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $258,136 | BeginningYearBalanceAmt |
| Contributions | $6,820,030 | ContributionsAmt |
| Investment Earnings Or Losses | -$98,765 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $6,979,401 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $292,574 | BeginningYearBalanceAmt |
| Contributions | $200,327 | ContributionsAmt |
| Investment Earnings Or Losses | $10,613 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $245,378 | OtherExpendituresAmt |
| End Year Balance | $258,136 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $326,059 | BeginningYearBalanceAmt |
| Contributions | $1,650 | ContributionsAmt |
| Investment Earnings Or Losses | $14,457 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $49,592 | OtherExpendituresAmt |
| End Year Balance | $292,574 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.92580 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.07420 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $90,406 | OtherCostOrOtherBasisAmt |
| Depreciation | $56,138 | DepreciationAmt |
| Book Value | $34,268 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $93,109,546 | OtherCostOrOtherBasisAmt |
| Depreciation | $46,872,029 | DepreciationAmt |
| Book Value | $46,237,517 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $635,840 | OtherCostOrOtherBasisAmt |
| Book Value | $635,840 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $46,907,625 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Investment in Covenant Health Investment Trust | $3,944,476 | F |
| Investment in Covenant Health Insurance LTD | $35,302,007 | F |
| Investment in Yankee Alliance | $5,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $39,251,483 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Due from affiliates | $278,508,171 |
| Security deposits | $20,800 |
| Beneficial interest in trust endowments | $1,507,800 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $280,036,771 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Due to affiliates | $92,328 |
| Operating lease liabilities | $453,925 |
| General reserves | $1,800,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,346,253 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4: | The Organization's endowment funds are to be used to assist the needy through education and/or projects for the poor, as determined by the Vice President of Missions and approved by the President of Covenant Health. In its 2022 tax year, the Organization received the endowment funds and beneficial interests in trust-assets previously held by Youville Life Care (a/k/a Youville Hospital); Covenant Health has been determined to be the current rightful legacy beneficiary of these endowments. Accordingly, these funds have been included within Covenant Health's restricted net assets and have also been reported on this Schedule D as permanent endowments. These funds are to be used in furtherance of the provision of health services, including acute care, nursing homes, and home health services. |
| Part X, Line 2: | Covenant and its member organizations are considered not-for-profit corporations as described in Section 501(c)(3) of the Internal Revenue Code and are exempt from federal income taxes on related income pursuant to Section 501(a) of the Code, except as noted below. St. Joseph Hospital Corporate Services, Inc., a wholly-owned subsidiary of Nashua, is a for-profit organization, which is subject to federal and state income taxes. St. Joseph Hospital Corporate Services, Inc. has net operating loss (NOL) carryforwards for tax purposes. The NOLs are not anticipated to be utilized so the amounts have been fully offset with a reserve. CHIL, a wholly-owned subsidiary, is domiciled in the Cayman Islands. No income taxes are levied in the Cayman Islands and CHIL has been granted an exemption for any taxes that might be introduced. Accordingly, no provision for income taxes has been made in the accompanying financial statements. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board, assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. The System has evaluated the position taken on its filed tax returns. The System has concluded no uncertain income tax positions exist at December 31, 2024. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Central America and the Caribbean - Cayman Islands | 0 | 0 | Service payments into Cayman Islands-based insurance company. | $13,530,220 |
| Central America and the Caribbean - Cayman Islands | 0 | 0 | End-of-year value of 100% owned Cayman Island-based insurance company. | $35,302,007 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $48,832,227 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $48,832,227 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990, Schedule F, Part IV, Lines 1 and 3 | FormAndLineReferenceDesc |
| Explanation | Covenant Health Inc. holds a 100% ownership interest in an insurance company established as a Cayman Island-based corporation. Accordingly, Covenant Health considers its holdings, transactions, and relationship with the insurance company at least annually to ensure that all appropriate foreign reporting returns, such as Forms 926 and 5471, are completely prepared and filed in a timely manner and in accordance with IRS regulations. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| MI Nursing Restorative Center Inc | ||||||||
| 172 Lawrence Street | Lawrence | MA | 01841 | 042104851 | 501(c)(3) | $10,000 | $0 | Funding for medical supplies and professional education. |
| St Andre Health Care Facility | ||||||||
| 407 Pool Street | Biddeford | ME | 04005 | 010342399 | 501(c)(3) | $10,000 | $0 | Funding for medical supplies and professional education. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | During the year covered by this Form 990, Covenant Health, Inc. awarded grants in excess of $5,000 to its affiliated organizations. As Covenant Health, Inc. is the sole member and effective parent of the recipient Organizations, Covenant Health is able to exercise control, substantiation, and record-keeping over any use of the funds granted. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stephen Grubbs | ||||||||||||||
| President & CEO | $805,455 | $0 | $400,000 | $0 | $30,482 | $0 | $10,350 | $0 | $29,814 | $0 | $1,276,101 | $0 | $0 | $0 |
| Stephen Forney | ||||||||||||||
| SVP and Chief Financial Officer | $511,279 | $0 | $300,000 | $0 | $6,459 | $0 | $0 | $0 | $36,123 | $0 | $853,861 | $0 | $0 | $0 |
| John Newman | ||||||||||||||
| SVP General Counsel | $477,735 | $0 | $300,000 | $0 | $37,241 | $0 | $10,350 | $0 | $22,312 | $0 | $847,638 | $0 | $0 | $0 |
| Douglas Waite | ||||||||||||||
| SVP and Chief Medical Officer | $507,090 | $0 | $120,000 | $0 | $9,823 | $0 | $5,555 | $0 | $34,692 | $0 | $677,160 | $0 | $0 | $0 |
| Mary Prybylo | ||||||||||||||
| SVP & President SJH Bangor | $403,833 | $0 | $122,823 | $0 | $9,718 | $0 | $10,350 | $0 | $29,224 | $0 | $575,948 | $0 | $0 | $0 |
| John Jurczyk | ||||||||||||||
| SVP & President SJH Nashua | $467,125 | $0 | $0 | $0 | $9,051 | $0 | $10,350 | $0 | $29,448 | $0 | $515,974 | $0 | $0 | $0 |
| John Emerson | ||||||||||||||
| SVP Integrated Medical Group | $420,570 | $0 | $0 | $0 | $9,824 | $0 | $6,368 | $0 | $26,228 | $0 | $462,990 | $0 | $0 | $0 |
| Ivan Ip | ||||||||||||||
| System VP & Chief Med Info Officer | $371,059 | $0 | $0 | $0 | $937 | $0 | $8,937 | $0 | $35,443 | $0 | $416,376 | $0 | $0 | $0 |
| James Coffey | ||||||||||||||
| CH SVP; President, CH Foundation | $274,344 | $0 | $0 | $0 | $26,744 | $0 | $8,484 | $0 | $40,058 | $0 | $349,630 | $0 | $0 | $0 |
| Eric Hardy | ||||||||||||||
| SVP & President PAC Finance | $295,970 | $0 | $0 | $0 | $1,114 | $0 | $9,053 | $0 | $22,714 | $0 | $328,851 | $0 | $0 | $0 |
| Paige Hagerstorm | ||||||||||||||
| System Assistant VP Employee Experie | $289,301 | $0 | $0 | $0 | $715 | $0 | $8,650 | $0 | $27,609 | $0 | $326,275 | $0 | $0 | $0 |
| Anup Myneni | ||||||||||||||
| Deputy General Counsel | $277,922 | $0 | $0 | $0 | $12,455 | $0 | $2,779 | $0 | $11,231 | $0 | $304,387 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3 | Every two-to-three years the Compensation Committee of the Covenant Health Board of Directors engages an external consultant to provide competitive market data from various survey sources, which is then used to develop recommendations for changes to the compensation program. Since 2003, the Compensation Committee has engaged a human resources consultant to conduct this analysis. Objectives of the analysis are to assess the compositeness of the total cash compensation levels of the senior leadership team, develop market based competitive salary ranges for all executive positions, and ensure that the annual incentive opportunities, if there are any, are competitive and reasonable. |
| Part I, Line 7 | A Compensation Committee recommends the variable pay award that may be issued to qualifying employees and officers. The payment of the award is discretionary and is subject to meeting the pre-determined goals of the Organization. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NHHEFA (St Joseph Nashua) | ||||||||
| A | 020279866 | 64461XGW9 | 2023-03-14 | $50,806,057 | Refund a portion of outstanding notes | 0 | 0 | 0 |
| NHHEFA (St Joseph Bangor & SMRMC) | ||||||||
| B | 010314384 | 56042R8P0 | 2023-03-14 | $30,324,129 | Refund a portion of outstanding notes | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|
| A | $50,806,057 | $847,464 | $49,958,593 | 2023 | 0 | Yes (1) | Yes (1) | Yes (1) |
| B | $30,324,129 | $556,953 | $29,767,176 | 2023 | 0 | Yes (1) | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 7a | The directors of the Organization are elected by the members of Covenant Health, a public juridic person of pontifical right under the laws of the Roman Catholic Church (the "CHS Public Juridic Person"). |
| Form 990, Part VI, Section A, line 7b | Any change in the written statements of philosophy or mission of the organization must be approved by the Covenant Health Public Juridic Person before such change becomes effective. |
| Form 990, Part VI, Section B, line 11b | The Form 990 is provided to the governing body for their review and approval prior to filing. |
| Form 990, Part VI, Section B, line 12c | This process is the responsibility of the Compliance Officer. A conflict of interest disclosure form is submitted to all leadership, board members, board committee members, employed physicians, medical directors and certain employees in key positions annually to be completed. Reminders are sent to all persons of interest to ensure that all conflict of interest disclosure forms are completed and collected. |
| Form 990, Part VI, Section B, line 15 | Every two-to-three years the Compensation Committee of the Covenant Health Board of Directors engages an external consultant to provide competitive market data from various survey sources, which is then used to develop recommendations for changes to the compensation program. Since 2003, the Compensation Committee has engaged a human resources consultant to conduct this analysis. Objectives of the analysis are to assess the compositeness of the total cash compensation levels of the senior leadership team, develop market based competitive salary ranges for all executive positions, and ensure that the annual incentive opportunities, if there are any, are competitive and reasonable. Form 990, Part VI, Section B, line 16b: Although written policies were not in place as of the end of the year covered by this tax return requiring the Organization to evaluate its participation in joint venture arrangements under applicable federal law to ensure that the Organization's exempt status is protected, the Organization performed due diligence with respect to its joint venture arrangements to safeguard the Organization's exempt status. |
| Form 990, Part VI, Section C, line 19 | The Organization's Form 990, governing documents, conflict of interest policy, and financial statements are made available to the public upon request. The Organization's Form 990 is also made available at the following web address: https://covenanthealth.net/financials/ |
| Form 990, Part IX, line 11g | Admin and office support: Program service expenses 14,288,273. Management and general expenses 1,101,212. Fundraising expenses 0. Total expenses 15,389,485. Management and profesional consulting: Program service expenses 0. Management and general expenses 4,100,312. Fundraising expenses 0. Total expenses 4,100,312. |
| Form 990, Part XI, line 9: | Transfers to affiliates (net) 30,758,361. |
| Form 990, Part XII, Line 2c: | The audit process has not changed from the previous year. |
| Form 990-Statement Pursuant to Regulation Section 1.351-3(a): | This statement is pursuant to regulation section 1.351-3(a) by Covenant Health, Inc. (EIN 22-2484505), a significant transferor. On various dates during 2024, Covenant Health, Inc. (EIN 22-2484505) transferred the following property to Covenant Health Insurance LTD (EIN 04-3360127), a Cayman Islands-based foreign corporation: Cash-fair market value and adjusted tax basis equal to $13,530,220. No private letter ruling was received in connection with the Section 351 exchange. Additionally, Covenant Health has prepared a filed a 2025 Form 926 to report the transaction in greater detail. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (37 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Alternative Health Services | ||||||||||
| 360 Broadway | Bangor | ME | 04402 | 010422885 | Home health and hospice | ME | 501(c)(3) | Line 10 | St Joseph Healthcare Foundation | Yes (1) |
| Bangor Nursing & Rehabilitation Center | ||||||||||
| 103 Texas Avenue | Bangor | ME | 04401 | 010538534 | Nursing home and restorative facility | ME | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| CHS of Waltham Inc dba Maristhill Nursing & Rehab Center | ||||||||||
| 66 Newton Street | Waltham | MA | 02453 | 043333609 | Nursing home and restorative facility | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| CHS of Worcester Inc dba St Mary Care Center | ||||||||||
| 39 Queen Street | Worcester | MA | 01610 | 043419625 | Nursing home and restorative facility | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| Community Clinical Services | ||||||||||
| PO Box 7291 | Lewiston | ME | 04243 | 010409788 | Physician practice | ME | 501(c)(3) | Line 10 | St Mary's Health System | Yes (1) |
| Covenant Health Foundation Inc | ||||||||||
| 40 Shattuck Road Suite 317 | Andover | MA | 01810 | 800199674 | Charitable foundation | MA | 501(c)(3) | Line 12a, I | Covenant Health Inc | Yes (1) |
| Covenant Health Investment Trust | ||||||||||
| 40 Shattuck Road Suite 317 | Andover | MA | 01810 | 046835128 | Investment trust | MA | 501(c)(3) | Line 12a, I | Covenant Health Inc | Yes (1) |
| Fanny Allen Corporation Inc | ||||||||||
| 40 Shattuck Road Suite 317 | Andover | MA | 01810 | 222495808 | Charitable foundation | VT | 501(c)(3) | Line 12a, I | Covenant Health Inc | Yes (1) |
| Fanny Allen Holdings Inc | ||||||||||
| 40 Shattuck Road Suite 317 | Andover | MA | 01810 | 030181052 | Real estate holding company | VT | 501(c)(3) | Line 12a, I | Covenant Health Inc | Yes (1) |
| Helping Hands of St Marguerite Inc | ||||||||||
| 799 Concord Avenue | Cambridge | MA | 02138 | 800199674 | Private home-care health services | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| M & J Company | ||||||||||
| 360 Broadway | Bangor | ME | 04402 | 222480150 | Lease holding company | ME | 501(c)(2) | St Joseph Healthcare Foundation | Yes (1) | |
| Mary Immaculate Guild Inc | ||||||||||
| 172 Lawrence Street | Lawrence | MA | 01841 | 463073987 | Supporting grants and donations | MA | 501(c)(3) | Line 12a, I | Covenant Health Inc | Yes (1) |
| MI Adult Day Health Care Center Inc | ||||||||||
| 189 Maple Street | Lawrence | MA | 01841 | 042921888 | Adult day care services | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| MI Management Inc | ||||||||||
| 172 Lawrence Street | Lawrence | MA | 01841 | 042857794 | Assisted living services | MA | 501(c)(3) | Line 12a, I | Covenant Health Inc | Yes (1) |
| MI Nursing Restorative Center Inc | ||||||||||
| 172 Lawrence Street | Lawrence | MA | 01841 | 042104851 | Nursing home and restorative facility | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| MI Residential Community Inc | ||||||||||
| 189 Maple Street | Lawrence | MA | 01841 | 042647207 | HUD low income housing | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| MI Transportation Inc | ||||||||||
| 189 Maple Street | Lawrence | MA | 01841 | 042921889 | Elderly transportation services | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| Mount St Rita Health Centre | ||||||||||
| 15 Sumner Brown Road | Cumberland | RI | 02864 | 050342330 | Nursing home | RI | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| Neighborhood Housing Initiative | ||||||||||
| PO Box 7291 | Lewiston | ME | 04243 | 010539730 | Affordable housing services | ME | 501(c)(3) | Line 10 | St Mary's Health System | Yes (1) |
| Penacook Place Inc | ||||||||||
| 150 Water Street | Haverhill | MA | 01830 | 237090088 | Nursing home | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| Souhegan Nursing Association | ||||||||||
| 24 North River Road | Milford | NH | 03055 | 020222795 | Home health and hospice | NH | 501(c)(3) | Line 10 | St Joseph Hospital of Nashua NH Inc | Yes (1) |
| St Joseph Ambulatory Care Inc | ||||||||||
| 360 Broadway | Bangor | ME | 04402 | 222480373 | Physician practice | ME | 501(c)(3) | Line 3 | St Joseph Healthcare Foundation | Yes (1) |
| St Andre Health Care | ||||||||||
| 407 Pool Street | Biddeford | ME | 04005 | 010342399 | Nursing home and restorative facility | ME | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| St Joseph Healthcare Foundation | ||||||||||
| 360 Broadway | Bangor | ME | 04402 | 222480149 | Healthcare foundation | ME | 501(c)(3) | Line 7 | Covenant Health Inc | Yes (1) |
| St Joseph Hospital | ||||||||||
| 360 Broadway | Bangor | ME | 04402 | 010212435 | Hospital and health care facility | ME | 501(c)(3) | Line 3 | St Joseph Healthcare Foundation | Yes (1) |
| St Joseph Manor Health Care | ||||||||||
| 215 Thatcher Street | Brockton | MA | 02302 | 042565937 | Nursing home and restorative facility | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| St Joseph's Hospital of Nashua NH Inc | ||||||||||
| 172 Kinsley Street | Nashua | NH | 03061 | 020222215 | Hospital and health care facility | NH | 501(c)(3) | Line 3 | Covenant Health Inc | Yes (1) |
| St Mary's D'Youville Pavilion | ||||||||||
| PO Box 7291 | Lewiston | ME | 04243 | 010211558 | Nursing home and restorative facility | ME | 501(c)(3) | Line 10 | St Mary's Health System | Yes (1) |
| St Mary's Health system | ||||||||||
| PO Box 7291 | Lewiston | ME | 04243 | 222504349 | Hospital and health care facility | ME | 501(c)(3) | Line 12a, I | Covenant Health Inc | Yes (1) |
| St Mary's Regional Medical Center | ||||||||||
| PO Box 7291 | Lewiston | ME | 04243 | 010211551 | Hospital and health care facility | ME | 501(c)(3) | Line 3 | St Mary's Health System | Yes (1) |
| St Mary's Residences | ||||||||||
| PO Box 7291 | Lewiston | ME | 04243 | 222504356 | Low income housing | ME | 501(c)(3) | Line 10 | St Mary's Health System | Yes (1) |
| St Mary's Villa Nursing Home Inc | ||||||||||
| 675 St Marys Villa Road | Moscow | PA | 18444 | 232057177 | Nursing home and restorative facility | PA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| The Surgicenter at St Joseph Hospital Inc | ||||||||||
| 172 Kinsley Street | Nashua | NH | 03061 | 020222215 | Healthcare and surgery center | NH | 501(c)(3) | Line 10 | St Joseph Hospital of Nashua NH Inc | Yes (1) |
| Youville Hospital and Rehabilitation Center Inc | ||||||||||
| 1575 Cambridge Street | Cambridge | MA | 02138 | 043239563 | Hospital and health care facility | MA | 501(c)(3) | Line 10 | Youville Lifecare Inc | Yes (1) |
| Youville House Inc | ||||||||||
| 1573 Cambridge Street | Cambridge | MA | 02138 | 043239593 | Assisted living services | MA | 501(c)(3) | Line 10 | Youville Lifecare Inc | Yes (1) |
| Youville Lifecare Inc | ||||||||||
| 1575 Cambridge Street | Cambridge | MA | 02138 | 042103582 | Hospital and health care facility | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
| Youville Place | ||||||||||
| 10 Pelham Road | Lexington | MA | 02421 | 043297834 | Assisted living services | MA | 501(c)(3) | Line 10 | Covenant Health Inc | Yes (1) |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Campus Holding | ||||||||||||||||||
| PO box 7291 | Lewiston | ME | 04240 | 010406049 | Holding company | ME | N/A | C | Yes (1) | |||||||||
| Covenant Health Insurance LTD | ||||||||||||||||||
| 043360127 | Self-insurance company | C | Yes (1) | PO Box 69 | Grand Cayman | CJ | KY1-1102 | CJ | Covenant Health Inc | $2,420,571 | $64,973,444 | 1.00000 | ||||||
| GNM Corporation | ||||||||||||||||||
| 172 Kinsley Street | Nashua | NH | 03060 | 020400550 | Real estate holding company | NH | N/A | C | 0 | |||||||||
| SJ Physicians Services | ||||||||||||||||||
| 172 Kinsley Street | Nashua | NH | 03060 | 020522234 | Physician practice | NH | N/A | C | 0 | |||||||||
| St Joseph Corporate Services Inc | ||||||||||||||||||
| 172 Kinsley Street | Nashua | NH | 03060 | 020405197 | Holding company | NH | N/A | C | Yes (1) | |||||||||
| Strauss Incorporated | ||||||||||||||||||
| 360 Broadway | Bangor | ME | 04402 | 010391369 | Repairs and transcriptions | ME | N/A | C | Yes (1) | |||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (17 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Bangor Nursing and Rehab Center | ||
| L | $307,779 | Actual per book |
| CHS of Waltham Inc | ||
| L | $512,420 | Actual per book |
| CHS of Worcester Inc | ||
| L | $514,965 | Actual per book |
| M & J Company | ||
| L | $32,000 | Actual per book |
| MI Management INc | ||
| L | $297,249 | Actual per book |
| MI Nursing Restorative Center Inc | ||
| L | $709,915 | Actual per book |
| MI Residential Community Inc | ||
| L | $261,210 | Actual per book |
| Mount St Rita Health Centre | ||
| L | $358,694 | Actual per book |
| Penacook Place | ||
| L | $359,091 | Actual per book |
| St Andre Health Care Center | ||
| L | $396,510 | Actual per book |
| St Joseph Hospital of Bangor | ||
| L | $30,224,384 | Actual per book |
| St Joseph Hospital of Nashua | ||
| L | $21,059,918 | Actual per book |
| St Joseph Manor Health Care | ||
| L | $514,966 | Actual per book |
| St Mary's Regional Medical Center | ||
| L | $39,558,109 | Actual per book |
| St Mary's Villa Nursing Home Inc | ||
| L | $83,105 | Actual per book |
| Youville House Inc | ||
| L | $280,934 | Actual per book |
| Youville Place Inc | ||
| L | $280,812 | Actual per book |
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