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Filing year 2024

Covenant Health

Knoxville, Tennessee·EIN 62-1646734·NTEE E210 · Health Care·501(c)(3)
Total revenue
$235.7M
Total assets
$2B
Total expenses
$203M
Reported officers
37
Mission

Covenant Health supports its member hospitals and other organizations (see Schedule A) serve the community by improving the quality of life through better health, regardless of a patient's ability to pay.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 30 reported individuals · Filing year 2024

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

President & CEO
Above 90th percentile
$3.2M
$3.4M
Base
$1.6M
Bonus
$1.1M
Other
$223k
Benefits
$27k
Evp-hosp Ops
Key Employee
Above 90th percentilevs Health Care peers nationwide
$1.1M
$1.2M
Base
$611k
Bonus
$252k
Other
$113k
Benefits
$36k
General Counsel
Key Employee
Above 90th percentilevs Health Care peers nationwide
$999k
$1.1M
Base
$569k
Bonus
$223k
Other
$83k
Benefits
$22k
Evp/cfo
Officer (Unspecified)
$967k
$1M
Base
$698k
Bonus
$139k
Other
$25k
Benefits
$33k
EVP - Physician Enterprises
Executive Vice President
75th to 90th percentilevs Health Care peers nationwide
$786k
$834k
Base
$487k
Bonus
$152k
Other
$56k
Benefits
$32k
SVP - Chief Medical Officer
Senior Vice President
75th to 90th percentilevs Health Care peers nationwide
$730k
$774k
Base
$475k
Bonus
$148k
Other
$62k
Benefits
$32k
President/cao - Fort Sanders Reg
Highest Compensated Employee
75th to 90th percentile
$696k
$739k
Base
$470k
Bonus
$95k
Other
$95k
Benefits
$24k
SVP - Human Resources
Senior Vice President
75th to 90th percentilevs Health Care peers nationwide
$667k
$707k
Base
$419k
Bonus
$133k
Other
$77k
Benefits
$24k
SVP - Chief Development Officer
Above 90th percentilevs Health Care peers nationwide
$651k
$690k
Base
$400k
Bonus
$130k
Other
$65k
Benefits
$2k
President/cao - Parkwest
Highest Compensated Employee
75th to 90th percentile
$613k
$650k
Base
$411k
Bonus
$95k
Other
$56k
Benefits
$37k
SVP - Chief Information Officer
Chief Information Officer
75th to 90th percentilevs Health Care peers nationwide
$592k
$628k
Base
$380k
Bonus
$90k
Other
$77k
Benefits
$33k
President/cao - Morristown-hamblen
Highest Compensated Employee
75th to 90th percentile
$591k
$626k
Base
$387k
Bonus
$110k
Other
$67k
Benefits
$13k
President/cao - Methodist MED Ctr
Highest Compensated Employee
75th to 90th percentile
$575k
$610k
Base
$381k
Bonus
$85k
Other
$64k
Benefits
$32k
SVP - Chief Nursing Officer
Senior Vice President
Median to 75th percentilevs Health Care peers nationwide
$568k
$602k
Base
$363k
Bonus
$95k
Other
$71k
Benefits
$25k
Fmr SVP - Finance (through May 2024)
Senior Vice President
Median to 75th percentilevs Health Care peers nationwide
$480k
$509k
Base
$94k
Bonus
$195k
Other
$169k
Benefits
$8k
Chief Compliance Officer
Officer (Unspecified)
$443k
$470k
Base
$260k
Bonus
$85k
Other
$52k
Benefits
$34k
Medical Director Physician
Highest Compensated Employee
Median to 75th percentile
$412k
$437k
Base
$338k
Bonus
$50k
Other
$1k
Benefits
$2k
Director - Internal Audit
Director (Operational)
Median to 75th percentilevs Health Care peers nationwide
$157k
$167k
Base
$115k
Bonus
Other
$3k
Benefits
$32k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$1k
$1k
Director
Board Member
Below 10th percentile
$964
$1k
Director/chair
Officer (Unspecified)
$935
$992
Director
Board Member
Below 10th percentile
$881
$934
Director
Board Member
Below 10th percentile
$844
$895
Director
Board Member
Below 10th percentile
$807
$856
Director
Board Member
Below 10th percentile
$675
$716
Director
Board Member
Below 10th percentile
$657
$697
Director
Board Member
Below 10th percentile
$648
$687

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 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 Health equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
2%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2023

From $3.1M in 2023 to $3.2M in 2024.

$3.1M
2023
$3.2M
2024
In today's dollarsEst.
Up 1% in real terms$3.4M to $3.4M

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 14%.

$3.1M in 2023 to $3.2M in 2024.
  • Key Employee pay rose 4% from 2023 to 2024.
  • Executive Vice President pay rose 65% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Covenant Health

What does the Chief Executive Officer of Covenant Health earn?

In 2024, the Chief Executive Officer of Covenant Health received $3,242,830 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Tennessee: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Covenant Health compare with similar nonprofits?

Compared with the same role at Health Care organizations in Tennessee, the 2024 pay of the Chief Executive Officer at Covenant Health falls in the top 10%. In 2024, the highest total compensation at Covenant Health equaled 2% of the organization's total expenses. The median for health care organizations is 4%.

What are Covenant Health's revenue and expenses?

In 2024, Covenant Health reported $235.7M in total revenue and $203M in total expenses on its IRS Form 990.

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