Covenant Health is an innovative Catholic health organization committed to advancing the healing ministry of Jesus.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$381.5M
+4.8% YoY
Annual Giving
$20K
-65.0% YoY
Grant Count
2
-66.7% YoY
Avg Grant Size
$10K
+5.0% YoY
About Covenant Health Inc
Based on IRS filings
Covenant Health Inc is a nonprofit organization focused on Health, based in ANDOVER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $381.5M in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $109K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $381,488,892 | $364,146,367 | $348,125,512 |
| Revenue | $77,518,193 | $78,489,788 | $80,912,625 |
| Expenses | $76,713,106 | $74,210,597 | $79,496,874 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $109,313 | $14,770 | $1,403,534 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Open Grants
1 open opportunity from Covenant Health Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Stephen Grubbs | President & CEO | 40 | $1,235,937 |
| Lesley Adkinson E PhD RN | Director | 2 | — |
| Mark W Anthoine Sr | Director | 2 | — |
| Bruce Bonnell MD MPH | Director | 2 | — |
| Robert A Clark | Director | 2 | — |
| Catherine P Lovecchio PhD RN | Director | 2 | — |
| Thomas Mortimer | Director | 2 | — |
| Cherie Noe MD | Director (end 2/2024) | 2 | — |
| Sr Catherine O'Connor | Director | 2 | — |
| Gino J Pazzaglini | Director | 2 | — |
| Louise Trottier | Director | 2 | — |
| John Oliverio | Chair | 2 | — |
| Kenneth E Arnold | Vice Chair (end 6/2024) | 2 | — |
| Ralph Jenkins | Director; Vice Chair (start 6/2024) | 2 | — |
| Kathy Connerton JD MBA | Treasurer | 2 | — |
| Stephen Forney | SVP and Chief Financial Officer | 40 | $817,738 |
| Douglas Waite | SVP and Chief Medical Officer | 40 | $636,913 |
| John Newman | SVP General Counsel | 40 | $814,976 |
| John Emerson | SVP Integrated Medical Group | 40 | $430,394 |
| James Coffey | CH SVP; President, CH Foundation | 1 | $301,088 |
| Ivan Ip | System VP & Chief Med Info Officer | 40 | $371,996 |
| Anup Myneni | Deputy General Counsel | — | $290,377 |
| John Jurczyk | SVP & President SJH Nashua | — | $476,176 |
| Mary Prybylo | SVP & President SJH Bangor | — | $536,374 |
| Paige Hagerstorm | System Assistant VP Employee Experience | — | $290,016 |
| Eric Hardy | SVP & President PAC Finance | 40 | $297,084 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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