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Filing year 2024

COVENANT MEDICAL GROUP

Renton, Washington·EIN 75-2743883·NTEE E310 · Health Care·501(c)(3)
Total revenue
$223.2M
Total assets
$138.3M
Total expenses
$222.8M
Reported officers
21
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, broken down

Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2024

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

Physician
Highest Compensated Employee
Above 90th percentile
$1.7M
$1.8M
Base
$1.5M
Bonus
$12k
Other
$83k
Benefits
$17k
Physician
Highest Compensated Employee
Above 90th percentile
$1.6M
$1.7M
Base
$1.5M
Bonus
$10k
Other
$25k
Benefits
$11k
Physician
Highest Compensated Employee
Above 90th percentile
$1.6M
$1.7M
Base
$1.4M
Bonus
$5k
Other
$86k
Benefits
$16k
Physician
Highest Compensated Employee
Above 90th percentile
$1.5M
$1.6M
Base
$1.4M
Bonus
$2k
Other
$28k
Benefits
$11k
Physician
Highest Compensated Employee
75th to 90th percentile
$1.4M
$1.5M
Base
$1.3M
Bonus
Other
$43k
Benefits
$5k
Board Member/vice Chair
Board Chair
Above 90th percentilevs Health Care peers nationwide
$1.2M
$1.3M
Base
$1M
Bonus
$4k
Other
$57k
Benefits
$18k
Board Member
Above 90th percentile
$1.1M
$1.1M
Base
$905k
Bonus
$3k
Other
$83k
Benefits
$6k
Board Member
Above 90th percentile
$1.1M
$1.1M
Base
$984k
Bonus
$6k
Other
$15k
Benefits
$17k
Board Member
Above 90th percentile
$932k
$994k
Base
$837k
Bonus
$5k
Other
$41k
Benefits
$17k
Board Member
Above 90th percentile
$911k
$971k
Base
$801k
Bonus
Other
$49k
Benefits
$1k
Board Member/cmo
Officer (Unspecified)
$870k
$928k
Base
$732k
Bonus
$4k
Other
$58k
Benefits
$20k
Board Member
Above 90th percentile
$764k
$815k
Base
$637k
Bonus
$1k
Other
$65k
Benefits
$14k
Board Member
Above 90th percentile
$744k
$794k
Base
$550k
Bonus
Other
$133k
Benefits
$12k
Board Member
Above 90th percentile
$700k
$746k
Base
$578k
Bonus
$18k
Other
$43k
Benefits
$18k
Board Member
Above 90th percentile
$699k
$745k
Base
$598k
Bonus
Other
$37k
Benefits
$16k
Board Member/chair
Board Member
Above 90th percentile
$676k
$721k
Base
$566k
Bonus
$5k
Other
$59k
Benefits
$310
Cmg CEO
Above 90th percentile
$636k
$679k
Base
$365k
Bonus
$166k
Other
$31k
Benefits
$13k
Board Member
Above 90th percentile
$526k
$561k
Base
$463k
Bonus
$3k
Other
$38k
Benefits
$782
Board Member
75th to 90th percentile
$355k
$379k
Base
$291k
Bonus
$3k
Other
$15k
Benefits
$18k
Secretary (part Year)
Secretary (Operational)
10th to 25th percentilevs Health Care peers nationwide
$15k
$16k
Board Member/cfo (part Year)
Officer (Unspecified)
$11k
$12k

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.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at COVENANT MEDICAL GROUP equaled 0.8% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.8%
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.

Down 11%
from 2023

From $1.9M in 2023 to $1.7M in 2024.

$1.9M
2023
$1.7M
2024
In today's dollarsEst.
Down 14% in real terms$2.1M to $1.8M

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

Highest Compensated Employee pay fell 11% from 2023 to 2024, while revenue rose 19%.

$1.9M in 2023 to $1.7M in 2024.
  • Board Chair pay rose 81% from 2023 to 2024.
  • Board Member pay fell 3% 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 MEDICAL GROUP

What does the Highest Compensated Employee of COVENANT MEDICAL GROUP earn?

In 2024, the Highest Compensated Employee of COVENANT MEDICAL GROUP received $1,709,220 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in Washington: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at COVENANT MEDICAL GROUP compare with similar nonprofits?

Compared with the same role at Health Care organizations in Washington, the 2024 pay of the Highest Compensated Employee at COVENANT MEDICAL GROUP falls in the top 10%. In 2024, the highest total compensation at COVENANT MEDICAL GROUP equaled 0.8% of the organization's total expenses. The median for health care organizations is 4%.

What are COVENANT MEDICAL GROUP's revenue and expenses?

In 2024, COVENANT MEDICAL GROUP reported $223.2M in total revenue and $222.8M in total expenses on its IRS Form 990.

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