Covenant Health Inc

ANDOVER, MA EIN: 22-2484505 Website

Covenant Health is an innovative Catholic health organization committed to advancing the healing ministry of Jesus.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$381.5M

+4.8% YoY

Annual Giving

$20K

-65.0% YoY

Grant Count

2

-66.7% YoY

Avg Grant Size

$10K

+5.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22M$45M$67M$89M20202021202220232024
Metric202420232022
Total Assets$381,488,892$364,146,367$348,125,512
Revenue$77,518,193$78,489,788$80,912,625
Expenses$76,713,106$74,210,597$79,496,874
Qualifying Distributions
Net Investment Income$109,313$14,770$1,403,534
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants20201 grants20215 grants20226 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

MI Nursing Restorative C…$10KSt Andre Health Care Fac…$10K

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Covenant Health Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Stephen GrubbsPresident & CEO$1.2MStephen ForneySVP and Chief Financial Offi…$818KJohn NewmanSVP General Counsel$815KDouglas WaiteSVP and Chief Medical Officer$637KMary PrybyloSVP & President SJH Bangor$536KJohn JurczykSVP & President SJH Nashua$476KJohn EmersonSVP Integrated Medical Group$430KIvan IpSystem VP & Chief Med Info O…$372KJames CoffeyCH SVP; President, CH Founda…$301KEric HardySVP & President PAC Finance$297KAnup MyneniDeputy General Counsel$290KPaige HagerstormSystem Assistant VP Employee…$290K

From 2024 filing

NameTitleHoursCompensation
Stephen GrubbsPresident & CEO40$1,235,937
Lesley Adkinson E PhD RNDirector2
Mark W Anthoine SrDirector2
Bruce Bonnell MD MPHDirector2
Robert A ClarkDirector2
Catherine P Lovecchio PhD RNDirector2
Thomas MortimerDirector2
Cherie Noe MDDirector (end 2/2024)2
Sr Catherine O'ConnorDirector2
Gino J PazzagliniDirector2
Louise TrottierDirector2
John OliverioChair2
Kenneth E ArnoldVice Chair (end 6/2024)2
Ralph JenkinsDirector; Vice Chair (start 6/2024)2
Kathy Connerton JD MBATreasurer2
Stephen ForneySVP and Chief Financial Officer40$817,738
Douglas WaiteSVP and Chief Medical Officer40$636,913
John NewmanSVP General Counsel40$814,976
John EmersonSVP Integrated Medical Group40$430,394
James CoffeyCH SVP; President, CH Foundation1$301,088
Ivan IpSystem VP & Chief Med Info Officer40$371,996
Anup MyneniDeputy General Counsel$290,377
John JurczykSVP & President SJH Nashua$476,176
Mary PrybyloSVP & President SJH Bangor$536,374
Paige HagerstormSystem Assistant VP Employee Experience$290,016
Eric HardySVP & President PAC Finance40$297,084

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

BangorBiddefordBrocktonCumberlandElmhurst TownshipLawrenceLewistonNashuaWalthamWorcester

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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