COVENANT HEALTH INVESTMENT TRUST

Reduce your risk when donating: see where the money actually goes.

Cite this

Plain text COVENANT HEALTH INVESTMENT TRUST. furp.org, nonprofit organization profile, tax years 2010–2024. https://furp.org/org/covenant-health-investment-trust-046835128. Retrieved 2026-11-05.

APA furp.org. (n.d.). COVENANT HEALTH INVESTMENT TRUST [Nonprofit organization profile; tax years 2010–2024]. Retrieved November 5, 2026, from https://furp.org/org/covenant-health-investment-trust-046835128

MLA “COVENANT HEALTH INVESTMENT TRUST.” furp.org, tax years 2010–2024, https://furp.org/org/covenant-health-investment-trust-046835128. Accessed 5 Nov. 2026.

Retrieved 2026-11-05; covers tax years 2010–2024. Data: furp.org, CC BY 4.0.

2024 · Form 990 · revenue $10.5M · expenses $939K · assets $260.2M

Also known as: Providentia Prima Trust
EIN: 04-6835128
Address: 40 SHATTUCK RD STE 317, ANDOVER, MA 01810-2456
Website: covenantheath.net
NTEE code: E12 Fund Raising and/or Fund Distribution (Health Care) published (IRS Business Master File, as E120)
Exempt type: 501(c)(3): charitable, religious, educational, scientific or literary (association)
Ruling date: March 1946 (when the IRS recognized its exemption)
IRS status: Exempt (unconditional) (IRS Business Master File) IRS data ↗
Tax-deductible donations: Yes, according to the Business Master File
Foundation status: Supporting organization, 509(a)(3)
Cross-check: ProPublica Nonprofit Explorer

Mission

Covenant Health Investment Trust (formerly Providentia Prima Trust) was established to hold and manage pooled investments of various organizations exempt from Federal income tax under Section 501(c)(3)

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

6 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.

Name	Latest title	Years	Latest year pay	Total pay from here	Organizations
Stephen Grubbs	President & CEO	2018-2024	$1,276,101	$4,835,388	15
Stephen Forney	SVP and Chief Financial Officer	2019-2024	$853,861	$2,713,212	5
John Ahle (former)	TREASURER/SECRETARY TO 9/2018	2010-2018	$506,877	$4,778,327	5
Richard J Plamondon (former)	Vice Chair	2010-2019	$342,253	$3,458,216	1
Carolyn Kasabian (former)	TRUSTEE THRU 5/16	2010-2016	$274,549	$2,042,577	8
Paul Ercolini (former)	TRUSTEE	2010-2013	$205,461	$744,474	9

Officers and directors, no compensation reported

28 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.

Name	Latest title	Years	Hrs/wk (latest)	Compensation	Organizations
Louise Trottier	Director	2021-2024	2	$0 reported	7
Ralph Jenkins	Director; Vice Chair (start 6/2024)	2023-2024	2	$0 reported	6
Lesley Adkinson E PhD RN	Director	2021-2024	2	$0 reported	3
Mark W Anthoine Sr	Director	2021-2024	2	$0 reported	3
Bruce Bonnell MD MPH	Director	2021-2024	2	$0 reported	3
Robert A Clark	Director	2023-2024	2	$0 reported	3
Catherine P Lovecchio PhD RN	Director	2021-2024	2	$0 reported	3
Thomas Mortimer	Director	2021-2024	2	$0 reported	3
Cherie Noe MD	Director (end 2/2024)	2021-2024	2	$0 reported	3
Sr Catherine O'Connor	Director	2012-2024	2	$0 reported	3
Gino J Pazzaglini	Director	2021-2024	2	$0 reported	3
John Oliverio	Chair	2021-2024	2	$0 reported	3
Kenneth E Arnold	Vice Chair (end 6/2024)	2021-2024	2	$0 reported	4
Kathy Connerton JD MBA	Treasurer	2021-2024	2	$0 reported	3
Aisha Barlatier-Bonny (former)	Director (end 6/2023)	2021-2023	1	$0 reported	4
William P Lucy (former)	Director (end 6/2023)	2021-2023	1	$0 reported	3
John Isaacson (former)	Director (end 6/2021)	2021	1	$0 reported	8
James F Loftus IV (former)	Director (end 6/2021)	2021	1	$0 reported	4
Thomas Kelly (former)	Director (end 6/2021)	2021	1	$0 reported	3
Paul Arenburg (former)	Trustee	2015-2019	1	$0 reported	2
Kevin Halloran (former)	Trustee	2010-2019	1	$0 reported	8
Rosemarie A Connolly CPA (former)	Trustee	2014-2019	1	$0 reported	8
William Adams (former)	Trustee	2010-2019	1	$0 reported	1
William Demaso (former)	Trustee	2012-2019	1	$0 reported	3
Chris Klapinsky (former)	Trustee	2019	1	$0 reported	1
Asher Watson (former)	Trustee	2019	1	$0 reported	1
Donald M DeHart (former)	Chair	2010-2019	3	$0 reported	1
Sr Catherine O'Connor To 1216 (former)	TRUSTEE	2016	1	$0 reported	1

People by year

2024 · 16 people listed · 2 paid, $2.1M · 0 employees · 14 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
Stephen Grubbs	President & CEO	1	$0	$1,235,937	$40,164	$1,276,101	15
Stephen Forney	SVP and Chief Financial Officer	1	$0	$817,738	$36,123	$853,861	5
Lesley Adkinson E PhD RN	Director	2	$0	$0	$0	$0	3
Mark W Anthoine Sr	Director	2	$0	$0	$0	$0	3
Bruce Bonnell MD MPH	Director	2	$0	$0	$0	$0	3
Robert A Clark	Director	2	$0	$0	$0	$0	3
Catherine P Lovecchio PhD RN	Director	2	$0	$0	$0	$0	3
Thomas Mortimer	Director	2	$0	$0	$0	$0	3
Cherie Noe MD	Director (end 2/2024)	2	$0	$0	$0	$0	3
Sr Catherine O'Connor	Director	2	$0	$0	$0	$0	3
Gino J Pazzaglini	Director	2	$0	$0	$0	$0	3
Louise Trottier	Director	2	$0	$0	$0	$0	7
John Oliverio	Chair	2	$0	$0	$0	$0	3
Kenneth E Arnold	Vice Chair (end 6/2024)	2	$0	$0	$0	$0	4
Ralph Jenkins	Director; Vice Chair (start 6/2024)	2	$0	$0	$0	$0	6
Kathy Connerton JD MBA	Treasurer	2	$0	$0	$0	$0	3

2023 · 18 people listed · 2 paid, $1.4M · 0 employees · 16 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
Stephen Grubbs	President & CEO	1	$0	$803,102	$38,604	$841,706	15
Stephen Forney	SVP and Chief Financial Officer	1	$0	$495,159	$38,300	$533,459	5
Lesley Adkinson E PhD RN	Director	1	$0	$0	$0	$0	3
Mark W Anthoine Sr	Director	1	$0	$0	$0	$0	3
Bruce Bonnell MD MPH	Director	1	$0	$0	$0	$0	3
Aisha Barlatier-Bonny	Director (end 6/2023)	1	$0	$0	$0	$0	4
Robert A Clark	Director	1	$0	$0	$0	$0	3
Kathy Connerton JD MBA	Director	1	$0	$0	$0	$0	3
Ralph Jenkins	Director	1	$0	$0	$0	$0	6
Catherine P Lovecchio PhD RN	Director	1	$0	$0	$0	$0	3
William P Lucy	Director (end 6/2023)	1	$0	$0	$0	$0	3
Thomas Mortimer	Director	1	$0	$0	$0	$0	3
Cherie Noe MD	Director	1	$0	$0	$0	$0	3
Sr Catherine O'Connor	Director	1	$0	$0	$0	$0	3
Gino J Pazzaglini	Director	1	$0	$0	$0	$0	3
Louise Trottier	Director	1	$0	$0	$0	$0	7
John Oliverio	Chair	1	$0	$0	$0	$0	3
Kenneth E Arnold	Vice Chair	1	$0	$0	$0	$0	4

2022 · 16 people listed · 2 paid, $1.4M · 0 employees · 14 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
Stephen Grubbs	President & CEO	1	$0	$853,102	$37,161	$890,263	15
Stephen Forney	SVP and Chief Financial Officer	1	$0	$512,632	$43,368	$556,000	5
Lesley Adkinson E PhD RN	Director	1	$0	$0	$0	$0	3
Mark W Anthoine Sr	Director	1	$0	$0	$0	$0	3
Bruce Bonnell MD MPH	Director	1	$0	$0	$0	$0	3
Aisha Barlatier-Bonny	Director	1	$0	$0	$0	$0	4
Kathy Connerton JD MBA	Director	1	$0	$0	$0	$0	3
Catherine P Lovecchio PhD RN	Director	1	$0	$0	$0	$0	3
William P Lucy	Director	1	$0	$0	$0	$0	3
Thomas Mortimer	Director	1	$0	$0	$0	$0	3
Cherie Noe MD	Director	1	$0	$0	$0	$0	3
Sr Catherine O'Connor	Director	1	$0	$0	$0	$0	3
Gino J Pazzaglini	Director	1	$0	$0	$0	$0	3
Louise Trottier	Director	1	$0	$0	$0	$0	7
John Oliverio	Chair	1	$0	$0	$0	$0	3
Kenneth E Arnold	Vice Chair	1	$0	$0	$0	$0	4

2021 · 19 people listed · 2 paid, $1.6M · 0 employees · 17 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
Stephen Grubbs	President & CEO	1	$0	$909,317	$36,190	$945,507	15
Stephen W Forney	Treasurer & CFO	1	$0	$568,230	$39,353	$607,583	5
Lesley Adkinson E PhD RN	Director	1	$0	$0	$0	$0	3
Bruce Bonnell MD MPH	Director	1	$0	$0	$0	$0	3
Aisha Barlatier-Bonny	Director	1	$0	$0	$0	$0	4
Kathy Connerton JD MBA	Director	1	$0	$0	$0	$0	3
John Isaacson	Director (end 6/2021)	1	$0	$0	$0	$0	8
Thomas Kelly	Director (end 6/2021)	1	$0	$0	$0	$0	3
James F Loftus IV	Director (end 6/2021)	1	$0	$0	$0	$0	4
Catherine P Lovecchio PhD RN	Director	1	$0	$0	$0	$0	3
William P Lucy	Director	1	$0	$0	$0	$0	3
Thomas Mortimer	Director	1	$0	$0	$0	$0	3
Cherie Noe MD	Director	1	$0	$0	$0	$0	3
Sr Catherine O'Connor	Director	1	$0	$0	$0	$0	3
Gino J Pazzaglini	Director	1	$0	$0	$0	$0	3
Louise Trottier	Director	1	$0	$0	$0	$0	7
John Oliverio	Chair	1	$0	$0	$0	$0	3
Kenneth E Arnold	Vice Chair	1	$0	$0	$0	$0	4
Mark W Anthoine Sr	Finance Committee Chair	1	$0	$0	$0	$0	3

2019 · 11 people listed · 3 paid, $1.2M · 0 employees · 8 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
Stephen Grubbs	Trustee	1	$0	$712,592	$31,007	$743,599	15
Richard J Plamondon	Vice Chair	1	$0	$316,112	$26,141	$342,253	1
Stephen W Forney	Treasurer	1	$0	$155,201	$7,108	$162,309	5
William Adams	Trustee	1	$0	$0	$0	$0	1
Paul Arenburg	Trustee	1	$0	$0	$0	$0	2
Rosemarie Connolly	Trustee	1	$0	$0	$0	$0	8
William Demaso	Trustee	1	$0	$0	$0	$0	3
Kevin Halloran	Trustee	1	$0	$0	$0	$0	8
Chris Klapinsky	Trustee	1	$0	$0	$0	$0	1
Asher Watson	Trustee	1	$0	$0	$0	$0	1
Donald M DeHart	Chair	3	$0	$0	$0	$0	1

2018 · 9 people listed · 3 paid, $979K · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY TO 9/2018	1	$0	$487,361	$19,516	$506,877	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$308,444	$25,066	$333,510	1
STEPHEN GRUBBS	TREASURER/SECRETARY FROM 9/2018	1	$0	$131,501	$6,711	$138,212	15
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8
WILLIAM DEMASO	TRUSTEE	1	$0	$0	$0	$0	3
ROSEMARIE CONNOLLY	TRUSTEE	1	$0	$0	$0	$0	8
PAUL ARENBURG	TRUSTEE	1	$0	$0	$0	$0	2

2017 · 8 people listed · 2 paid, $811K · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY	1	$0	$380,055	$41,656	$421,711	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$358,610	$31,078	$389,688	1
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8
WILLIAM DEMASO	TRUSTEE	1	$0	$0	$0	$0	3
ROSEMARIE CONNOLLY	TRUSTEE	1	$0	$0	$0	$0	8
PAUL ARENBURG	TRUSTEE	1	$0	$0	$0	$0	2

2016 · 10 people listed · 3 paid, $1.4M · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY	1	$0	$738,263	$36,019	$774,282	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$326,752	$32,428	$359,180	1
CAROLYN KASABIAN	TRUSTEE THRU 5/16	1	$0	$262,121	$12,428	$274,549	8
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8
WILLIAM DEMASO	TRUSTEE	1	$0	$0	$0	$0	3
SR CATHERINE O'CONNOR TO 1216	TRUSTEE	1	$0	$0	$0	$0	1
ROSEMARIE CONNOLLY	TRUSTEE	1	$0	$0	$0	$0	8
PAUL ARENBURG	TRUSTEE	1	$0	$0	$0	$0	2

2015 · 10 people listed · 3 paid, $1.2M · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY	1	$0	$408,243	$105,644	$513,887	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$322,529	$30,575	$353,104	1
CAROLYN KASABIAN	TRUSTEE	1	$0	$274,848	$23,417	$298,265	8
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8
WILLIAM DEMASO	TRUSTEE	1	$0	$0	$0	$0	3
SR CATHERINE O'CONNOR	TRUSTEE	1	$0	$0	$0	$0	3
ROSEMARIE CONNOLLY	TRUSTEE	1	$0	$0	$0	$0	8
PAUL ARENBURG	TRUSTEE	1	$0	$0	$0	$0	2

2014 · 9 people listed · 3 paid, $1.1M · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY	1	$0	$396,146	$102,749	$498,895	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$318,003	$32,550	$350,553	1
CAROLYN KASABIAN	TRUSTEE	1	$0	$265,360	$25,817	$291,177	8
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8
WILLIAM DEMASO	TRUSTEE	1	$0	$0	$0	$0	3
SR CATHERINE O'CONNOR	TRUSTEE	1	$0	$0	$0	$0	3
ROSEMARIE CONNOLLY	TRUSTEE	1	$0	$0	$0	$0	8

2013 · 9 people listed · 4 paid, $1.3M · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY	1	$0	$382,416	$101,750	$484,166	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$300,185	$31,339	$331,524	1
CAROLYN KASABIAN	TRUSTEE	1	$0	$278,831	$23,871	$302,702	8
PAUL ERCOLINI	TRUSTEE	1	$0	$172,756	$32,705	$205,461	9
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8
WILLIAM DEMASO	TRUSTEE	1	$0	$0	$0	$0	3
SR CATHERINE O'CONNOR	TRUSTEE	1	$0	$0	$0	$0	3

2012 · 9 people listed · 4 paid, $1.5M · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY	1	$0	$491,296	$161,726	$653,022	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$286,455	$49,899	$336,354	1
CAROLYN KASABIAN	TRUSTEE	1	$0	$254,744	$26,328	$281,072	8
PAUL ERCOLINI	TRUSTEE	1	$0	$164,149	$32,910	$197,059	9
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8
WILLIAM DEMASO	TRUSTEE	1	$0	$0	$0	$0	3
SR CATHERINE O'CONNOR	TRUSTEE	1	$0	$0	$0	$0	3

2011 · 7 people listed · 4 paid, $1.3M · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY	1	$0	$357,922	$165,006	$522,928	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$286,815	$44,999	$331,814	1
CAROLYN KASABIAN	TRUSTEE	1	$0	$269,457	$32,372	$301,829	8
PAUL ERCOLINI	TRUSTEE	1	$0	$148,097	$33,036	$181,133	9
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8

2010 · 7 people listed · 4 paid, $1.2M · 0 employees · 0 volunteers

Name	Title	Hrs/wk	From org	From related	Other	Total	Orgs
JOHN AHLE	TREASURER/SECRETARY	1	$0	$359,936	$42,623	$402,559	5
RICHARD J PLAMONDON	VICE PRESIDENT	1	$0	$290,414	$39,822	$330,236	1
CAROLYN KASABIAN	TRUSTEE	1	$0	$263,895	$29,088	$292,983	8
PAUL ERCOLINI	TRUSTEE	1	$0	$138,471	$22,350	$160,821	9
DONALD M DEHART	CHAIR/PRESIDENT	3	$0	$0	$0	$0	1
WILLIAM ADAMS	TRUSTEE	1	$0	$0	$0	$0	1
KEVIN HALLORAN	TRUSTEE	1	$0	$0	$0	$0	8

Highest-paid independent contractors

2024 · 1 contractor · $939K

Name	Location	Service	Paid
US Bank	St Paul, MN	Investment management	$938,821

2019 · 2 contractors · $433K

Name	Location	Service	Paid
NEPC LLC	Boston, MA	Investment advisory	$229,213
Silchester International Investors	New York, NY	Investment management	$203,321

2018 · 3 contractors · $590K

Name	Location	Service	Paid
NEPC LLC	BOSTON, MA	INVESTMENT ADVISOR	$229,156
SILCHESTER INTERNATIONAL INVESTORS	NEW YORK, NY	INVESTMENT MANAGER	$195,332
IRONBRIDGE CAPITAL MANAGEMENT LP	OAKBROOK TERRACE, IL	INVESTMENT MANAGER	$165,953

2017 · 3 contractors · $535K

Name	Location	Service	Paid
NEPC LLC	BOSTON, MA	INVESTMENT ADVISOR	$224,089
SILCHESTER INTERNATIONAL INVESTORS	NEW YORK, NY	INVESTMENT MANAGER	$185,474
IRONBRIDGE CAPITAL MANAGEMENT LP	OAKBROOK TERRACE, IL	INVESTMENT MANAGER	$125,917

2016 · 3 contractors · $440K

Name	Location	Service	Paid
NEPC LLC	BOSTON, MA	INVESTMENT ADVISOR	$166,704
SILCHESTER INTERNATIONAL INVESTORS	NEW YORK, NY	INVESTMENT MANAGER	$153,058
IRONBRIDGE CAPITAL MANAGEMENT LP	OAKBROOK TERRACE, IL	INVESTMENT MANAGER	$120,471

2015 · 4 contractors · $546K

Name	Location	Service	Paid
NEPC LLC	BOSTON, MA	INVESTMENT ADVISOR	$161,566
SILCHESTER INTERNATIONAL INVESTORS	NEW YORK, NY	INVESTMENT MANAGER	$156,539
IRONBRIDGE CAPITAL MANAGEMENT LP	OAKBROOK TERRACE, IL	INVESTMENT MANAGER	$119,226
STATE STREET BANK & TRUST	BOSTON, MA	CUSTODIAN FEES	$108,824

2014 · 5 contractors · $655K

Name	Location	Service	Paid
NEPC LLC	BOSTON, MA	INVESTMENT MANAGER	$159,632
SILCHESTER INTERNATIONAL INVESTORS	NEW YORK, NY	INVESTMENT MANAGER	$152,179
STATE STREET BANK & TRUST	BOSTON, MA	CUSTODIAN FEES	$127,884
IRONBRIDGE CAPITAL MANAGEMENT LP	OAKBROOK TERRACE, IL	INVESTMENT MANAGER	$110,650
OAKBRIDGE INVESTMENTS LLC	LISLE, IL	INVESTMENT MANAGER	$105,000

2013 · 4 contractors · $514K

Name	Service	Paid
SILCHESTER INTERNATIONAL INVESTORS	INVESTMENT MANAGER	$146,746
NEPC LLC	INVESTMENT MANAGER	$142,900
STATE STREET BANK & TRUST	CUSTODIAN FEES	$116,226
IRONBRIDGE CAPITAL MANAGEMENT LP	INVESTMENT MANAGER	$108,488

2012 · 4 contractors · $490K

Name	Location	Service	Paid
STATE STREET BANK & TRUST	BOSTON, MA	CUSTODIAN FEES	$131,949
SILCHESTER INTERNATIONAL INVESTORS	NEW YORK, NY	INVESTMENT MANAGER	$130,310
NEPC LLC	CAMBRIDGE, MA	INVESTMENT MANAGER	$124,259
IRONBRIDGE CAPITAL MANAGEMENT LP	OAKBROOK TERRACE, IL	INVESTMENT MANAGER	$103,326

2011 · 4 contractors · $452K

Name	Location	Service	Paid
SILCHESTER INTERNATIONAL INVESTORS	NEW YORK, NY	INVESTMENT MANAGER	$126,048
STATE STREET BANK & TRUST	BOSTON, MA	CUSTODIAN FEES	$112,672
IRONBRIDGE CAPITAL MANAGEMENT LP	OAKBROOK TERRACE, IL	INVESTMENT MANAGER	$111,737
OAKBROOK INVESTMENTS LLC	LISLE, IL	INVESTMENT MANAGER	$101,975

2010 · 2 contractors · $213K

Name	Location	Service	Paid
SILCHESTER INTERNATIONAL INVESTORS	NEW YORK, NY	INVESTMENT MANAGER	$111,874
WELLINGTON TRUST COMPANY	NEWARK, NJ	INVESTMENT MANAGER	$100,675

Who gave

Contributor names are not public for this form type.

Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

Revenue	Expenses	Assets	Net assets	Contributions	Program revenue	Officer pay	Employees	Volunteers
2024 · Form 990 period ending 2024-12-31 · view filing · original 990 ↗
$10,513,988	$938,821	$260,230,079	$260,230,079	$0	$0	$0	0	14
2023 · Form 990 period ending 2023-12-31 · view filing · original 990 ↗
-$4,632,096	$1,079,411	$265,170,840	$265,170,840	$0	$0	$0	0	16
2022 · Form 990 period ending 2022-12-31 · view filing · original 990 ↗
-$914,895	$0	$244,447,441	$244,447,441	$0	$0	$0	0	14
2021 · Form 990 period ending 2021-12-31 · view filing · original 990 ↗
$68,215,808	$0	$352,819,682	$352,819,682	$0	$0	$0	0	17
2019 · Form 990 period ending 2019-12-31 · view filing · original 990 ↗
$20,875,840	$694,840	$269,001,472	$268,812,635	$0	$0	$0	0	8
2018 · Form 990 period ending 2018-12-31 · view filing · original 990 ↗
$9,895,750	$772,064	$223,818,120	$223,650,645	$0	$0	$0	0	0
2017 · Form 990 period ending 2017-12-31 · view filing · original 990 ↗
$6,497,552	$748,224	$296,055,490	$295,890,724	$0	$0	$0	0	0
2016 · Form 990 period ending 2016-12-31 · view filing · original 990 ↗
$5,538,253	$700,464	$239,803,223	$239,630,673	$0	$0	$0	0	0
2015 · Form 990 period ending 2015-12-31 · view filing · original 990 ↗
$10,343,213	$838,319	$238,250,753	$238,007,071	$0	$0	$0	0	0
2014 · Form 990 period ending 2014-12-31 · view filing · original 990 ↗
$13,388,378	$870,581	$248,792,972	$245,521,586	$0	$0	$0	0	0
2013 · Form 990 period ending 2013-12-31 · view filing · original 990 ↗
$12,418,420	$818,648	$232,932,602	$229,981,037	$0	$0	$0	0	0
2012 · Form 990 period ending 2012-12-31 · view filing · original 990 ↗
$9,501,273	$851,295	$179,178,125	$176,539,250	$0	$0	$0	0	0
2011 · Form 990 period ending 2011-12-31 · view filing · original 990 ↗
$6,917,669	$793,693	$147,469,529	$145,295,564	$0	$0	$0	0	0
2010 · Form 990 period ending 2010-12-31 · view filing · original 990 ↗
$3,861,998	$700,050	$129,137,949	$128,992,181	$0	$0	$0	0	0

Connected to

Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.

COVENANT HEALTH INC Andover, MA · 16 people in common (Bruce Bonnell MD MPH, Catherine P Lovecchio PhD RN, Cherie Noe MD) · related organization (Schedule R)
COVENANT HEALTH FOUNDATION INC Andover, MA · 16 people in common (Bruce Bonnell MD MPH, Catherine P Lovecchio PhD RN, Cherie Noe MD)
ST JOSEPH HOSPITAL OF NASHUA NH Nashua, NH · 3 people in common (Louise Trottier, Ralph Jenkins, Stephen Grubbs)
FANNY ALLEN HOSPITAL HOTEL DIEU Andover, MA · 2 people in common (Stephen Forney, Stephen Grubbs)
FANNY ALLEN CORPORATION Andover, MA · 2 people in common (Stephen Forney, Stephen Grubbs) · related organization (Schedule R)
ST JOSEPH HOSPITAL Nashua, NH · 1 person in common (Stephen Grubbs) · related organization (Schedule R)
ST MARYS REGIONAL MEDICAL CENTER Lewiston, ME · 1 person in common (Stephen Grubbs)
HUNTINGTON AT NASHUA Nashua, NH · 1 person in common (Louise Trottier)
HUNT COMMUNITY Nashua, NH · 1 person in common (Louise Trottier)
MOUNT ST RITA HEALTH CENTRE Cumberland, RI · 1 person in common (Kenneth E Arnold) · related organization (Schedule R)
ALTERNATIVE HEALTH SERVICES OF ST JOSEPH INC Nashua, NH · 1 person in common (Stephen Grubbs)
ST JOSEPH HEALTHCARE FOUNDATION Bangor, ME · 1 person in common (Stephen Grubbs) · related organization (Schedule R)
ST MARYS HEALTH SYSTEM Nashua, NH · 1 person in common (Stephen Grubbs) · related organization (Schedule R)
SILVERSTONE BY HUNT Nashua, NH · 1 person in common (Louise Trottier)
ST MARYS RESIDENCE Lewiston, ME · 1 person in common (Stephen Grubbs) · related organization (Schedule R)
ST JOSEPH AMBULATORY CARE INC Nashua, NH · 1 person in common (Stephen Grubbs) · related organization (Schedule R)
M&J COMPANY Bangor, ME · 1 person in common (Stephen Grubbs) · related organization (Schedule R)
YANKEE ALLIANCE INC Andover, MA · 1 person in common (Stephen Grubbs)
PENNICHUCK WATER WORKS INC EMPLOYEE BENEFIT PLAN TR LOCAL 2936 USOFA Nashua, NH · 1 person in common (Ralph Jenkins)
PENNICHUCK WATER WORKS INC EMPLOYEE BENEFIT PLAN NON UNION EMPLOY TR Nashua, NH · 1 person in common (Ralph Jenkins)

Funders of this organization

Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).

Nearby + Similar BETA

Organizations like this one: what they do and who they are linked to

Organizations like this one

Same category: NTEE code and revenue

Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)

Organization	State	NTEE	Latest revenue	Latest expenses	Top-paid title	Top pay	Why similar
ALLIANCE HEALTH INC	MA	E12	$5,371,874	$2,487,089	PRESIDENT & CLERK & CEO	$600,345	Same NTEE code E12, revenue within 2x, same state
POINT32HEALTH FOUNDATION INC	MA	E12	$19,273,925	$11,077,136	DIRECTOR (END 9/24)	$4,574,652	Same NTEE code E12, revenue within 2x, same state
DOYLESTOWN HEALTH FOUNDATION	PA	E12	$11,229,605	$1,692,255	EX-OFFICIO, PRESIDENT & CEO	$1,594,700	Same NTEE code E12, revenue within 2x
COMMUNITY HEALTH FOUNDATION INC	GA	E12	$6,041,713	$123,628,548	DIRECTOR/PRE	$891,809	Same NTEE code E12, revenue within 2x
ARKANSAS FAMILY HEALTH FOUNDATION	AR	E12	$10,938,664	$9,315,153	DIRECTOR	$207,178	Same NTEE code E12, revenue within 2x
MASONIC FAMILY HEALTH FOUNDATION	IL	E12	$6,335,041	$5,368,340	Executive Director, Director	$66,702	Same NTEE code E12, revenue within 2x
FLOYD-POLK HEALTHCARE FOUNDATION INC	GA	E12	$17,345,626	$3,055,588	SECRETARY	$2,070,494	Same NTEE code E12, revenue within 2x
UPPER CHESAPEAKE HEALTH FOUNDATION INC	MD	E12	$10,054,715	$5,496,504	PRESIDENT/CEO, UMUCHS	$851,824	Same NTEE code E12, revenue within 2x
YORK HEALTH FOUNDATION	PA	E12	$6,389,789	$5,242,887	PRESIDENT & CEO - WELLSPAN HEALTH	$3,176,598	Same NTEE code E12, revenue within 2x
HERITAGE COMMUNITY INITIATIVES	PA	E12	$6,724,044	$6,020,306	PRESIDENT/CEO	$196,394	Same NTEE code E12, revenue within 2x
COMMONWEALTH HEALTH FOUNDATION	KY	E12	$5,651,862	$2,004,289	PRESIDENT / CEO	$1,486,205	Same NTEE code E12, revenue within 2x
JEFFERSON HEALTH CORPORATION	PA	E12	$15,208,391	$5,572,940	PRESIDENT & CEO	$1,934,413	Same NTEE code E12, revenue within 2x
EPHRAIM MCDOWELL HEALTH INC	KY	E12	$11,724,250	$8,748,196	PRESIDENT & CEO	$978,052	Same NTEE code E12, revenue within 2x
SHELBY COUNTY COMMUNITY HEALTH FOUNDATION	AL	E12	$6,026,763	$3,759,244	PRESIDENT	$0	Same NTEE code E12, revenue within 2x
SOUTHWESTERN VERMONT HEALTH CARE FOUNDATION INC	VT	E12	$5,954,934	$1,867,254	PRESIDENT/CEO SVHC	$806,849	Same NTEE code E12, revenue within 2x
CHI HEALTH FOUNDATION	AZ	E12	$5,478,329	$4,860,379	MARKET CFO	$346,543	Same NTEE code E12, revenue within 2x
UTAH PARTNERS FOR HEALTH	UT	E12	$6,814,653	$7,291,788	CEO	$102,523	Same NTEE code E12, revenue within 2x
RETT SYNDROME RESEARCH TRUST INC	CT	E12	$8,678,380	$8,239,349	CHIEF EXECUTIVE OFFICER	$220,000	Same NTEE code E12, revenue within 2x
NORTON HEALTHCARE FOUNDATION INC	KY	E12	$14,814,328	$11,462,640	President & CEO	$4,115,838	Same NTEE code E12, revenue within 2x
MENTAL HEALTH INNOVATION FOUNDATION	NE	E12	$16,169,090	$154,284	CAPITAL CAMPAIGN EXECUTIVE	$0	Same NTEE code E12, revenue within 2x
FINGER LAKES HEALTH FOUNDATION INC	NY	E12	$15,908,700	$2,462,269	DIRECTOR	$1,097,539	Same NTEE code E12, revenue within 2x
CHRISTUS HEALTH STRATEGIC GROWTH	TX	E12	$6,927,718	$2,599	CHAIR/PRESIDENT	$14,656,684	Same NTEE code E12, revenue within 2x
METROPOLITAN JEWISH HEALTH SYSTEM FOUNDATION	NY	E12	$9,931,677	$4,497,990	CEO, PRESIDENT	$1,655,965	Same NTEE code E12, revenue within 2x
CATHOLIC FOUNDATION OF INTERMOUNTAIN HEALTH INC	CO	E12	$5,742,539	$2,113,099	TRUSTEE (PARTIAL)	$1,505,097	Same NTEE code E12, revenue within 2x
MAINHEALTH SERVICES	ME	E12	$19,103,467	$8,770,647	CEO and President, MH	$2,618,396	Same NTEE code E12, revenue within 2x

Who funds organizations like this

Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).

Grantor	Type	Total given	Grants	Organizations funded	Years	Which ones
DENVER FOUNDATION	DAF sponsor	$46,598,865	24	1	2010–2024	CATHOLIC FOUNDATION OF INTERMOUNTAIN HEALTH INC
FIDELITY INVESTMENTS CHARITABLE GIFT FUND	DAF sponsor	$24,107,941	280	50	2016–2024	ANDREW MCDONOUGH B POSITIVE FOUNDATION; ADVENTHEALTH FOUNDATION INC; SOUTHWESTERN VERMONT HEALTH CARE FOUNDATION INC; RETT SYNDROME RESEARCH TRUST INC and 46 more
DONOR ADVISED CHARITABLE GIVING	DAF sponsor	$18,284,572	225	49	2014–2024	MENTAL HEALTH INNOVATION FOUNDATION; BALLAD HEALTH FOUNDATION; JOE DIMAGGIO CHILDRENS HOSPITAL FOUNDATION INC; PRISMA HEALTH MIDLANDS FOUNDATION and 45 more
NATIONAL PHILANTHROPIC TR	DAF sponsor	$11,507,747	95	24	2014–2024	BALLAD HEALTH FOUNDATION; MOHAWK VALLEY HEALTH SYSTEM FOUNDATION; ADVENTHEALTH FOUNDATION INC; SANFORD HEALTH FOUNDATION MARSHFIELD CLINIC INC and 20 more
THE CHICAGO COMMUNITY TRUST	DAF sponsor	$10,281,820	14	8	2017–2024	DAKOTA MEDICAL FOUNDATION; NEW HANOVER REGIONAL MEDICAL CENTER FOUNDATION INC; MULTICARE FOUNDATIONS; SPARROW FOUNDATION and 4 more
SHERWOOD FOUNDATION	Private foundation	$10,026,473	2	1	2023–2024	MENTAL HEALTH INNOVATION FOUNDATION
KOUM FAMILY FOUNDATION	Private foundation	$9,900,000	5	1	2018–2024	ISRAEL HEALTHCARE FOUNDATION
THE CLEVELAND FOUNDATION	DAF sponsor	$7,264,950	15	2	2010–2024	METROHEALTH FOUNDATION INC; ANDREW MCDONOUGH B POSITIVE FOUNDATION
VANGUARD CHARITABLE ENDOWMENT PROGRAM	DAF sponsor	$6,989,523	73	23	2020–2024	SOUTHWESTERN VERMONT HEALTH CARE FOUNDATION INC; BUONICONTI FUND TO CURE PARALYSIS INC; AVOW FOUNDATION INC; RETT SYNDROME RESEARCH TRUST INC and 19 more
W K KELLOGG FOUNDATION	Private foundation	$6,810,000	18	1	2009–2024	JACKSON MEDICAL MALL FOUNDATION
FRANK DIMINO FAMILY FOUNDATION	Private foundation	$6,500,000	4	1	2021–2024	JOE DIMAGGIO CHILDRENS HOSPITAL FOUNDATION INC
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC	DAF sponsor	$6,494,000	31	11	2017–2024	CAPITAL LINK INC; SKY HIGH FOR KIDS INC; ADVENTHEALTH FOUNDATION INC; DAKOTA MEDICAL FOUNDATION and 7 more
COMMUNITY FOUNDATION OF NORTH TEXAS	DAF sponsor	$6,264,417	90	2	2010–2024	ALL SAINTS HEALTH FOUNDATION; SKY HIGH FOR KIDS INC
WALTER SCOTT FAMILY FOUNDATION	Private foundation	$6,014,500	1	1	2023–2023	MENTAL HEALTH INNOVATION FOUNDATION
AMERICAN ENDOWMENT FOUNDATION	DAF sponsor	$5,978,596	77	25	2016–2024	MENTAL HEALTH INNOVATION FOUNDATION; MULTICARE FOUNDATIONS; HEARTLAND FOUNDATION; BALLAD HEALTH FOUNDATION and 21 more

The full list · all similar organizations

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990 · $938,821 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$938,821	-	$938,821	-	100.0%
Total		$938,821				100%

View the filing

2023 · Form 990 · $1,079,411 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$1,079,411	-	$1,079,411	-	100.0%
Total		$1,079,411				100%

View the filing

2019 · Form 990 · $694,840 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$571,130	-	$571,130	-	82.2%
Other (as described)	Administration expenses	$60,000	-	$60,000	-	8.6%
Fees: accounting		$35,395	-	$35,395	-	5.1%
Office expenses		$28,315	-	$28,315	-	4.1%
Total		$694,840				100%

View the filing

2018 · Form 990 · $772,064 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$648,323	-	$648,323	-	84.0%
Other (as described)	ADMINISTRATION EXPENSE	$60,000	-	$60,000	-	7.8%
Fees: accounting		$35,000	-	$35,000	-	4.5%
Other (as described)	MISCELLANEOUS EXPENSES	$28,741	-	$28,741	-	3.7%
Total		$772,064				100%

View the filing

2017 · Form 990 · $748,224 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$626,964	-	$626,964	-	83.8%
Other (as described)	ADMINISTRATION EXPENSE	$60,000	-	$60,000	-	8.0%
Fees: accounting		$35,000	-	$35,000	-	4.7%
Other (as described)	MISCELLANEOUS EXPENSES	$26,260	-	$26,260	-	3.5%
Total		$748,224				100%

View the filing

2016 · Form 990 · $700,464 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$584,056	-	$584,056	-	83.4%
Other (as described)	ADMINISTRATION EXPENSE	$60,000	-	$60,000	-	8.6%
Fees: accounting		$30,000	-	$30,000	-	4.3%
Other (as described)	MISCELLANEOUS EXPENSES	$26,408	-	$26,408	-	3.8%
Total		$700,464				100%

View the filing

2015 · Form 990 · $838,319 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$721,392	-	$721,392	-	86.1%
Other (as described)	ADMINISTRATION EXPENSE	$60,000	-	$60,000	-	7.2%
Fees: accounting		$30,000	-	$30,000	-	3.6%
Other (as described)	MISCELLANEOUS EXPENSES	$26,927	-	$26,927	-	3.2%
Total		$838,319				100%

View the filing

2014 · Form 990 · $870,581 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$752,536	-	$752,536	-	86.4%
Other (as described)	ADMINISTRATION EXPENSE	$60,000	-	$60,000	-	6.9%
Fees: accounting		$30,124	-	$30,124	-	3.5%
Other (as described)	MISCELLANEOUS EXPENSES	$27,921	-	$27,921	-	3.2%
Total		$870,581				100%

View the filing

2013 · Form 990 · $818,648 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$710,053	-	$710,053	-	86.7%
Other (as described)	ADMINISTRATION EXPENSE	$50,000	-	$50,000	-	6.1%
Fees: accounting		$35,193	-	$35,193	-	4.3%
Other (as described)	MISCELLANEOUS EXPENSES	$23,402	-	$23,402	-	2.9%
Total		$818,648				100%

View the filing

2012 · Form 990 · $851,295 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$753,998	-	$753,998	-	88.6%
Other (as described)	ADMINISTRATION EXPENSE	$40,000	-	$40,000	-	4.7%
Fees: accounting		$35,000	-	$35,000	-	4.1%
Other (as described)	MISCELLANEOUS EXPENSES	$22,297	-	$22,297	-	2.6%
Total		$851,295				100%

View the filing

2011 · Form 990 · $793,693 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$701,258	-	$701,258	-	88.4%
Other (as described)	ADMINISTRATION EXPENSE	$40,000	-	$40,000	-	5.0%
Fees: accounting		$33,653	-	$33,653	-	4.2%
Other (as described)	MISCELLANEOUS EXPENSES	$18,782	-	$18,782	-	2.4%
Total		$793,693				100%

View the filing

2010 · Form 990 · $700,050 spent · pay $0 · grants $0 · events $0

Line	As described	Total	Program	Management	Fundraising	Share
Fees: investment management		$621,190	-	$621,190	-	88.7%
Other (as described)	ADMINISTRATION EXPENSE	$40,000	-	$40,000	-	5.7%
Fees: accounting		$27,298	-	$27,298	-	3.9%
Other (as described)	MISCELLANEOUS EXPENSES	$11,562	-	$11,562	-	1.7%
Total		$700,050				100%

View the filing

COVENANT HEALTH INVESTMENT TRUST

Mission

People paid by the organization

Officers and directors, no compensation reported

People by year

Highest-paid independent contractors

Who gave

Finances

Connected to

Funders of this organization

Nearby + Similar BETA

Same category: NTEE code and revenue

Who funds organizations like this

Where the money went

Comments