EIN 62-1646734

Covenant Health of East Tennessee

IRS 501(c) type
501(c)(3)
Num. employees
1,410
Year formed
1996
Most recent tax filings
2022-12-01
Description
Covenant Health is a community-owned, not-for-profit health system committed to improving the health and quality of life in East Tennessee.
Also known as...
Covenant Health
Total revenues
$220,269,899
2022
Total expenses
$180,206,350
2022
Total assets
$1,741,953,217
2022
Num. employees
1,410
2022

Program areas at Covenant Health of East Tennessee

Covenant Health is a comprehensive, community-owned health system dedicated to improving the health of the people it serves. Established in 1996 by the consolidation of Fort Sanders Health System, Knoxville, Tennessee, and MMC HealthCare System in Oak Ridge, Covenant Health is governed by a voluntary board of directors comprised of community leaders and medical professionals. With more than 11,000 employees, affiliated physicians and volunteers, Covenant Health is the Knoxville area's largest employer and has been named a Best Employer by Forbes. Covenant Health includes nine acute care hospitals in East Tennessee; Methodist Medical Center of Oak Ridge, Fort Sanders Regional Medical Center and Parkwest Medical Center in Knoxville, Fort Loudoun Medical Center in Lenoir City, LeConte Medical Center in Sevierville, Morristown-Hamblen Healthcare System in Morristown, Roane Medical Center in Harriman, Claiborne Medical Center in Tazewell and Cumberland Medical Center in Crossville. It also includes Peninsula, a division of Parkwest Medical Center, a behavioral health hospital in Blount County, Tennessee. The health system also includes Covenant Medical Group, which includes more than 200 physicians and advanced practice clinicians in office locations throughout East Tennessee.Affiliated organizations include Thompson Cancer Survival Center, Thompson Oncology Group, Fortress Corporation and Subsidiaries, Covenant HomeCare, and Fort Sanders Perinatal Center. Philanthropic organizations include Fort Sanders Foundation and the Thompson Cancer Survival Center Foundation in Knoxville, Methodist Medical Center Foundation in Oak Ridge, Dr. Robert F. Thomas Foundation in Sevierville, and Morristown-Hamblen Hospital Foundation in Morristown. Funds raised by the foundations provide services, equipment and other resources for excellence in patient care.SERVICECovenant Health's various system-level divisions operationally support and facilitate the health system's not-for-profit mission of improving the region's quality of life through better health. These divisions include information technology, business office and health information management, along with system-wide departments such as human resources, learning and leadership development, and others.

Grants made by Covenant Health of East Tennessee

GranteeGrant descriptionAmount
Knox Education FoundationGeneral Support for the Great Schools Partnership$100,000
United Way of Greater Knoxville (UWGK)Support for Interfaith Health Clinic$60,000
Knoxville Track and Field ClubSponsorship of Fundraiser Marathon$50,000
...and 9 more grants made

Who funds Covenant Health of East Tennessee

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
New England Telehealth ConsortiumTelecommunications$78,797

Personnel at Covenant Health of East Tennessee

NameTitleCompensation
Jim VandersteegPresident and Chief Executive Officer
Ben DevoreVice President , Clinical Operations
Catherine BunchChief Financial Officer
Jackie HounshellVice President and Chief Financial Officer
Joseph C DolanExecutive Vice President and Chief Financial Officer
...and 37 more key personnel

Financials for Covenant Health of East Tennessee

RevenuesFYE 12/2022
Total grants, contributions, etc.$242,395
Program services$150,160,776
Investment income and dividends$69,347,534
Tax-exempt bond proceeds$93,732
Royalty revenue$0
Net rental income$47,767
Net gain from sale of non-inventory assets$320,079
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$57,616
Miscellaneous revenues$0
Total revenues$220,269,899

Form 990s for Covenant Health of East Tennessee

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-10990View PDF
2020-122021-11-08990View PDF
2019-122021-02-26990View PDF
2018-122020-01-03990View PDF
...and 9 more Form 990s
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Updated personnel
Identified 4 new personnel
December 23, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Used new vendors
Identified 17 new vendors, including , , , , , , , , , , , , , , , , and
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
HealthDiseases and disorders
Characteristics
Political advocacyLobbyingState / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1420 Centerpoint Blvd Bldg C
Knoxville, TN 37932
Metro area
Knoxville, TN
County
Knox County, TN
Website URL
covenanthealth.com/ 
Phone
(865) 374-1000
Facebook page
CovenantHealthEastTennessee 
Twitter profile
@covenanthealth 
IRS details
EIN
62-1646734
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E21: Community Health Systems
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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