Overview
What is Covenant Homecare?
Covenant Homecare is a member of the Covenant Health system, dedicated to delivering healthcare services in a home environment. With a workforce of 245 employees, they offer nursing, therapy, social services, and care by certified nursing assistants to patients with various coverages, including Medicare, TennCare, commercial insurance, and self-pay. Financial assistance is available for those in need. In partnership with Knox Area Rescue Ministries, they operate KARM Transitional Care, a safe place for homeless individuals after a hospital stay. Additionally, Covenant Homecare provides hospice services and palliative care, focusing on managing symptoms and improving quality of life for patients facing acute, chronic, or life-threatening illnesses. The organization's mission aligns with Covenant Health's commitment to enhancing community health through better care.
Official website here: www.covenanthealth.com/homecare-hospice
What are the reviews and ratings of this charity?
Charity Navigator rates Covenant Homecare with an 81%, earning it a Three-Star out of Four Star rating. This score reflects a strong emphasis on accountability and finance, indicating a solid management of resources and transparency in operations. The rating is based entirely on the organization’s accountability and finance metrics, highlighting the charity's commitment to maintaining high standards in these areas.
Covenant Homecare demonstrates notable strengths, including a fully independent board comprising 95% independent members and a large board size of 22 members. The organization also scores perfectly in critical areas like financial oversight, material diversion of assets, and policy listings, which showcases its commitment to governance and ethical practices. The high program expense ratio of 86.33% indicates that a significant portion of funds is directed towards programs rather than administrative costs, reflecting effective resource allocation.
Despite its strengths, the Three-Star rating suggests there may be areas for improvement to reach higher tiers of recognition. While the accountability and finance score is commendable, potential donors and stakeholders may look for further information on program effectiveness and impact to fully assess the organization's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Homecare legitimate?
Covenant Homecare is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Homecare submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $336,380
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,127,685
For more financial information, click here
Official website here: www.covenanthealth.com/homecare-hospice
What is the mission statement of Covenant Homecare?
Covenant HomeCare is dedicated to delivering quality home healthcare services, in line with Covenant Health's mission to enhance community wellbeing by improving lives through better health. They cater to patients requiring nursing, therapy, and social services in their homes, regardless of their ability to pay. Financial assistance applications are available for those in need, and financial counselors offer assistance during the application process. In 2022, Covenant HomeCare cared for 5,960 patients through 83,622 visits. Their commitment extends to serving homeless individuals post-hospitalization, aiming to improve patient outcomes and reduce hospital readmissions. Additionally, they provide hospice services, allowing patients to die with dignity at home, and palliative care, personalizing treatments to meet individual needs and improve overall quality of life.
Official website here: www.covenanthealth.com/homecare-hospice
Who is the CEO of Covenant Homecare?
James D Vandersteeg is the President & Ceo of Covenant Homecare. The CEO's salary of Covenant Homecare is $0 and their total compensation is $2,662,703.
Official website here: www.covenanthealth.com/homecare-hospice
What is the revenue of Covenant Homecare?
Covenant Homecare's revenue in 2022 was $20,781,294.
Official website here: www.covenanthealth.com/homecare-hospice
Who are the executives of Covenant Homecare and what are their salaries?
The average compensation at Covenant Homecare during 2022 was $54,955. There are 245 employees and 31 volunteers at Covenant Homecare.
Here are 31 key members and their salaries (Covenant Homecare's CEO's salary is $0 and their total compensation is $2,662,703):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $268
- Other: $0
- Compensation: $0
- Related: $849
- Other: $0
- Compensation: $0
- Related: $74
- Other: $0
- Compensation: $0
- Related: $1,432
- Other: $0
- Compensation: $0
- Related: $889
- Other: $0
- Compensation: $0
- Related: $1,538
- Other: $0
- Compensation: $0
- Related: $906
- Other: $0
- Compensation: $0
- Related: $1,097
- Other: $0
- Compensation: $0
- Related: $1,208
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,050
- Other: $0
- Compensation: $0
- Related: $1,485
- Other: $0
- Compensation: $0
- Related: $1,251
- Other: $0
- Compensation: $0
- Related: $1,408
- Other: $0
- Compensation: $0
- Related: $979
- Other: $0
- Compensation: $0
- Related: $1,208
- Other: $0
- Compensation: $0
- Related: $2,346,646
- Other: $316,057
- Compensation: $0
- Related: $1,099,851
- Other: $33,916
- Compensation: $297,249
- Related: $0
- Other: $39,131
- Compensation: $0
- Related: $151,146
- Other: $27,392
- Compensation: $105,690
- Related: $0
- Other: $28,542
- Compensation: $103,969
- Related: $0
- Other: $15,533
- Compensation: $104,681
- Related: $0
- Other: $34,990
- Compensation: $109,849
- Related: $0
- Other: $14,895
- Compensation: $103,873
- Related: $0
- Other: $34,056
Official website here: www.covenanthealth.com/homecare-hospice
Where can I find the form 990 for Covenant Homecare?
Covenant Homecare's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.covenanthealth.com/homecare-hospice
Learn more at the official website: www.covenanthealth.com/homecare-hospice
Mission Statement of Covenant Homecare
Covenant Homecare, a dedicated home care service provider, is committed to enhancing the lives of patients by enabling them to maintain their independence and stay at home. Aligned with Covenant Health's mission to serve the community by improving overall health and wellbeing, Covenant Homecare offers quality healthcare to patients, irrespective of their ability to pay.
The organization takes pride in providing essential services and treatments to individuals in a home environment. These services encompass nursing care, physical therapy, occupational therapy, speech therapy, social services, and care from certified nursing assistants. Patients under Covenant Homecare's care include those covered by Medicare, TennCare, commercial insurance, and self-pay patients. No patient is denied care based on their financial situation. Applications for financial assistance are offered, and financial counselors are available to help with the application process.
In 2022, Covenant Homecare served 5,919 patients in a total of 83,580 patient visits. The organization's dedication to caring for those in need extends beyond basic home care services. Covenant Homecare established KARM Transitional Care, a partnership between the organization and Knox Area Rescue Ministries, to provide a safe place for homeless individuals to continue healing after a hospital stay. This service aims to improve patient outcomes by offering supervised continuity of care and reducing the risk of subsequent illnesses or infections.
Furthermore, Covenant Homecare offers hospice services, which allow patients to receive care and support in the comfort of their own homes during the end stages of life. This compassionate care includes nursing care, therapy, spiritual services, and social services for patients whose physicians have diagnosed them with a terminal disease. As with all of its services, Covenant Homecare does not deny care to those who cannot pay.
Covenant Homecare's mission is guided by its membership within the larger Covenant Health system. This comprehensive, community-owned health system is dedicated to enhancing the health and wellbeing of the people it serves through better health. With a diverse range of services and affiliated organizations, Covenant Health strives to collaborate and promote quality improvement, patient safety, and efficient delivery of care for the communities it serves.
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Impact
October, 2024
Covenant HomeCare plays a vital role in enhancing the quality of life for patients in the Knoxville area by providing essential home care services tailored to individual needs. With a wide range of offerings, including nursing, physical therapy, occupational therapy, speech therapy, and social services, Covenant HomeCare ensures that patients can maintain their independence and comfort within their own homes.
In 2022, the organization served 5,919 patients through 83,580 visits, reflecting its commitment to accessible, high-quality healthcare. Notably, Covenant HomeCare operates with a philosophy of inclusivity, providing care regardless of a patient's financial situation, thus ensuring no patient is denied essential services due to an inability to pay. This commitment extends to financial assistance options and dedicated counselors to help patients navigate the application process.
Additionally, the KARM Transitional Care program showcases Covenant HomeCare's commitment to vulnerable populations. This initiative supports homeless individuals transitioning from hospital care to ongoing recovery, significantly improving patient outcomes and continuity of care. In 2022, 40 individuals benefited from this specialized program.
Covenant HomeCare also addresses the critical needs of patients facing terminal illnesses through its hospice services, allowing them to receive compassionate care in their homes during their final stages of life. In 2022, the organization provided hospice care to 982 patients, emphasizing dignity and family support.
Furthermore, the Palliative Care team offered personalized treatment plans focused on symptom management, ensuring that patients with serious illnesses can achieve the best possible quality of life. The team's 7,409 visits in 2022 highlight the extensive support provided in navigating complex health challenges.
Overall, Covenant HomeCare significantly impacts the health and wellbeing of its community, embodying a patient-centered approach that brings healthcare directly into the home, ultimately fostering independence and improving health outcomes for diverse populations.
This information is meant to be a general summary of Covenant Homecare. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$14,986
- Program Service Revenue: $19,900,171
- Gross Receipts: $20,787,520
Assets and Liabilities:
- Total Assets: $2,738,390
- Total Liabilities: $5,420,659
- Net Assets: -$2,682,269
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Revenue
Revenue
$19,823,445
Rental Income - Exempt Affiliate
Revenue
$76,726
Organization Details
Founding Year
1995
Phone
(865) 374-3140Principal Officer
James D Vandersteeg
Main Address
1420 Centerpoint Blvd Bldg C, Knoxville, TN, 379321960
NTEE Category
Code: E92Z - Health
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