Overview
What is Covenant Health System?
Covenant Health System is a renowned nonprofit organization with a presence across seven western states, employing over 750 caregivers. Their steadfast commitment to serving vulnerable populations and advocating for needed reforms in healthcare is showcased through their collaborative approach to transforming the sector. They aim to keep people healthy, make healthcare more convenient, accessible, and affordable for all, regardless of coverage or ability to pay. Through their extensive network of 51 hospitals, 1,000 clinics, and a comprehensive range of health and social services, Covenant Health reaches millions of lives, enhancing the health of the American West and setting the stage for future generations. The organization's community benefit programs and investments ensure basic health needs are met and barriers to care are removed, while their focus on equity, diversity, inclusion, and environmental stewardship strengthens local communities.
Official website here: www.providence.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Stars)
Covenant Health System has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance practices. The rating is focused solely on the organization’s Accountability & Finance score, which reflects the transparency and stewardship of resources. Key strengths include a majority of independent board members and a strong audit and oversight process, which suggest a commitment to good governance.
However, some areas for improvement are noted, particularly the lack of a whistleblower policy, which has impacted their overall score. Despite this limitation, the organization maintains a favorable liabilities to assets ratio and demonstrates a reasonable program expense ratio. Such metrics suggest that the organization is managing its finances effectively while dedicating a significant portion of its resources to its programs.
Overall, while Covenant Health System exhibits a commendable level of financial oversight and accountability, addressing the absence of certain governance policies could further enhance their operational transparency and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Covenant Health System legitimate?
Covenant Health System is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant Health System 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,364,842
For more financial information, click here
Official website here: www.providence.org
What is the mission statement of Covenant Health System?
Covenant Health System is guided by a commitment to express God's healing love, serving all, especially the poor and vulnerable. They advocate for needed reforms in healthcare and are pursuing innovative ways to transform the industry, keeping people healthy and making services more convenient, accessible, and affordable for everyone. Regardless of coverage or ability to pay, the organization is dedicated to delivering high-quality, compassionate care. With a team of over 117,000 caregivers, they serve millions of lives across various states, improving health and building a more equitable future. Through community benefit programs and high-impact investments, they work to remove barriers to care and build community resilience.
Official website here: www.providence.org
What is the revenue of Covenant Health System?
Covenant Health System's revenue in 2023 was $101,706,790.
Official website here: www.providence.org
Who are the executives of Covenant Health System and what are their salaries?
The average compensation at Covenant Health System during 2023 was $36,466. There are 723 employees and 64 volunteers at Covenant Health System.
Here are 32 key members and their salaries:
- Compensation: $0
- Related: $2,833,809
- Other: $333,262
- Compensation: $0
- Related: $1,785,594
- Other: $37,055
- Compensation: $0
- Related: $1,573,113
- Other: $208,371
- Compensation: $0
- Related: $1,442,423
- Other: $203,418
- Compensation: $0
- Related: $1,026,044
- Other: $31,533
- Compensation: $0
- Related: $880,981
- Other: $117,526
- Compensation: $964,696
- Related: $0
- Other: $0
- Compensation: $0
- Related: $704,260
- Other: $104,422
- Compensation: $0
- Related: $699,788
- Other: $75,054
- Compensation: $462,155
- Related: $0
- Other: $67,774
- Compensation: $0
- Related: $439,514
- Other: $67,941
- Compensation: $394,214
- Related: $0
- Other: $37,295
- Compensation: $400,379
- Related: $0
- Other: $14,963
- Compensation: $0
- Related: $345,925
- Other: $64,209
- Compensation: $299,090
- Related: $0
- Other: $37,279
- Compensation: $0
- Related: $162,384
- Other: $31,334
- Compensation: $0
- Related: $40,288
- Other: $3,401
- Compensation: $0
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- Other: $0
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- Other: $0
Official website here: www.providence.org
Where can I find the form 990 for Covenant Health System?
Covenant Health System's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.providence.org
Learn more at the official website: www.providence.org
Mission Statement of Covenant Health System
Covenant Health System, an expression of God's healing love, is steadfast in serving all, especially those who are poor and vulnerable. This faith-based organization is committed to advocating for vulnerable populations and needed reforms in healthcare. Through their voice, they aim to transform healthcare by keeping people healthy, making services more convenient, accessible, and affordable for all, regardless of coverage or ability to pay.
Covenant Health System's mission is to serve and touch millions of lives, enhancing the health of communities across seven states. They are a comprehensive healthcare organization, with over 117,000 caregivers serving in 51 hospitals, 1,000 clinics, and a range of health and social services. Their goals include reducing barriers to care, building community resilience, and innovating for the future. By deploying the assets of their system, they support community health improvement, strengthen local economies, and reduce their carbon footprint.
As part of their commitment to social responsibility, Covenant Health System has elevated the work of diversity, equity, inclusion (DEI), and environmental stewardship. They have restructured resources and aligned DEI strategies across the organization. Their integrated strategic and financial plan expresses their commitment to addressing social, racial, and economic disparities in the communities they serve. Covenant Health System's social responsibility framework aims to engage in community health improvement, support local economies, and reduce their carbon footprint.
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Impact
October, 2024
Covenant Health System significantly enhances community health and well-being across multiple states by providing high-quality, compassionate healthcare services to all individuals, particularly those who are poor and vulnerable. With a network that includes 51 hospitals and 1,000 clinics, Covenant Health is dedicated to removing barriers to care and increasing access to essential health services.
The organization's focus on mental and behavioral health has led to the establishment of community resource centers that expand access to counseling services, especially for low-income and uninsured populations. By integrating tele-counseling and internship programs, Covenant Health improves outreach and support in an area that has become increasingly critical post-pandemic.
In addressing housing insecurity, Covenant Health partners with local non-profits to provide funding and support for safe, affordable, stable housing solutions, notably through permanent supportive housing programs. These initiatives not only aim to alleviate homelessness but also help individuals reach educational and employment goals, fostering long-term community resilience.
Covenant Health's commitment to social responsibility encompasses environmental stewardship and diversity, equity, and inclusion initiatives, ensuring that its operational practices align with community health improvement and sustainability goals. This comprehensive approach allows Covenant Health to effectively serve the diverse needs of the populations in Texas and surrounding areas, thereby transforming healthcare delivery for the future.
This information is meant to be a general summary of Covenant Health System. 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 2023.
- Investment Income: $477,441
- Program Service Revenue: $21,356,564
- Gross Receipts: $111,758,536
Assets and Liabilities:
- Total Assets: $88,236,720
- Total Liabilities: $188,354,334
- Net Assets: -$100,117,614
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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
$14,453,073
JOINT VENTURE INCOME
Revenue
$6,896,793
OTHER PATIENT SERVICE
Revenue
$6,698
Organization Details
Founding Year
1998
Principal Officer
Walter Cathey
Website
www.providence.orgNTEE Category
Code: E210 - Health
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