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Filing year 2024

COVENANT ACO INC

Renton, Washington·EIN 61-1573313·NTEE E20 · Health Care·501(c)(3)
Total revenue
$7k
Total assets
$6.6M
Total expenses
$7k
Reported officers
26
Mission

AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Executive compensation

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Washington.

CEO
Median to 75th percentile
$206k
$219k
Board Member
Median to 75th percentile
$69k
$74k
Board Member
25th percentile to median
$49k
$53k
Board Member - Thru 12/31/24
Board Member
25th percentile to median
$48k
$52k
Board Member
25th percentile to median
$46k
$49k
Board Member
25th percentile to median
$45k
$48k
Board Member
25th percentile to median
$43k
$46k
Board Member
25th percentile to median
$38k
$40k
Board Member - Thru 12/31/24
Board Member
25th percentile to median
$33k
$35k
Board Member/chair
Officer (Unspecified)
$31k
$33k
Board Member
25th percentile to median
$29k
$31k
Board Member
25th percentile to median
$24k
$26k
Board Member - Thru 7/24
Board Member
25th percentile to median
$22k
$24k
Board Member - Thru 12/31/24
Board Member
25th percentile to median
$20k
$22k
Secr./associate Counsel
Officer (Unspecified)
$15k
$16k
Frmr Off. - VP Senior Corp Counsel
Senior Vice President
Below 10th percentilevs Health Care peers nationwide
$14k
$15k
Board Mbr/vice Chair - Thru 12/31/24
Board Chair
10th to 25th percentilevs Health Care peers nationwide
$13k
$14k
Board Member
10th to 25th percentile
$10k
$10k
CFO
Below 10th percentile
$6k
$6k
Board Member - Thru 12/31/24
Board Member
Below 10th percentile
$2k
$3k
Board Member
Below 10th percentile
$1k
$1k
Former CEO
Former Officer/director/trustee
Below 10th percentile
$623
$665

Teal figures restate each filed amount in 2026 dollars.

Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at COVENANT ACO INC equaled 3,119% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
3,119%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 1%
from 2023

From $203k in 2023 to $206k in 2024.

$203k
2023
$206k
2024
In today's dollarsEst.
Down 3% in real terms$225k to $219k

Estimated with Seattle-Tacoma-Bellevue, WA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue fell 99%.

$203k in 2023 to $206k in 2024.
  • Board Member pay fell 32% from 2023 to 2024.
  • Senior Vice President pay fell 87% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

COVENANT ACO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$487k
$487k
2023
$7k
$7k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Washington

Comparable health care organizations in Washington pay their highest-earning executive a median of $137,221.

25th percentile
$61k
Median
$137,221
75th percentile
$393k
90th percentile
$945k

These are health care sector-wide figures, not this organization's reported pay. Based on 315 organizations across 315 filings (2020 – 2024).

See full Health Care pay data for Washington
FAQ

Common questions about COVENANT ACO INC

What does the Chief Executive Officer of COVENANT ACO INC earn?

In 2024, the Chief Executive Officer of COVENANT ACO INC received $205,579 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Washington, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COVENANT ACO INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Washington, the 2024 pay of the Chief Executive Officer at COVENANT ACO INC falls between the median and the 75th percentile. In 2024, the highest total compensation at COVENANT ACO INC equaled 3,119% of the organization's total expenses. The median for health care organizations is 4%.

What are COVENANT ACO INC's revenue and expenses?

In 2024, COVENANT ACO INC reported $7k in total revenue and $7k in total expenses on its IRS Form 990.

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