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)
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Health Care organizations in Massachusetts.
| Position | Total |
|---|---|
President & CEO 10th to 25th percentile | $40k $43k |
SVP and Chief Financial Officer 10th to 25th percentile | $36k $39k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 14 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Covenant Health Investment Trust equaled 4% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 4%
from 2023
From $39k in 2023 to $40k in 2024.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 4% from 2023 to 2024.
- Chief Financial Officer pay fell 6% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Covenant Health Investment Trust
What does the Chief Executive Officer of Covenant Health Investment Trust earn?
In 2024, the Chief Executive Officer of Covenant Health Investment Trust received $40,164 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Health Care organizations in Massachusetts, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Covenant Health Investment Trust compare with similar nonprofits?
Compared with the same role at Health Care organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at Covenant Health Investment Trust falls between the 10th and 25th percentiles. In 2024, the highest total compensation at Covenant Health Investment Trust equaled 4% of the organization's total expenses. The median for health care organizations is 4%.
What are Covenant Health Investment Trust's revenue and expenses?
In 2024, Covenant Health Investment Trust reported $10.5M in total revenue and $939k in total expenses on its IRS Form 990.
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