Covenant Health Inc
Covenant Health is an innovative Catholic health organization committed to advancing the healing ministry of Jesus.
Covenant Health Inc at a glance
In short: Covenant Health Inc gave $20K across 2 grants in 2024 (avg $10K), mostly in Massachusetts. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $20,000
- -65.0% vs 2023
- Grants made (2024)
- 2
- -66.7% vs 2023
- Average grant
- $10,000
- +5.0% vs 2023
- Median grant
- $10,000
- Total assets
- $381,488,892
- +4.8% vs 2023
- Primary geography
- Massachusetts (50% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to Covenant Health Inc
Open Grants
1 open opportunity from Covenant Health Inc
Who Covenant Health Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was MI Nursing Restorative Center Inc ($10K). Together the top 2 received $20K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 14 grants of 14 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Covenant Health Inc gives
- Giving grew 296% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $3K (2020) to $80K (2022). In 2024 it made 2 grants totaling $20K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MI Nursing Restorative Center Inc Lawrence, MA | Funding for medical supplies and professional education. | $10,000 |
| St Andre Health Care Facility Biddeford, ME | Funding for medical supplies and professional education. | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $381,488,892 | $77,518,193 | $76,713,106 | $20,000 | 2 | $109,313 |
| 2023 | $364,146,367 | $78,489,788 | $74,210,597 | $57,140 | 6 | $14,770 |
| 2022 | $348,125,512 | $80,912,625 | $79,496,874 | $80,001 | 5 | $1,403,534 |
| 2021 | $339,773,281 | $73,583,328 | $72,373,910 | $5,051 | 1 | $9,191,863 |
| 2020 | $176,504,110 | $66,693,555 | $68,789,200 | $2,750 | Total only | $1,508,831 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Covenant Health Inc
Based on IRS filings
Covenant Health Inc is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
Covenant Health Inc is led by Stephen Grubbs, President & CEO on every filing since 2020; 12 of 26 officers listed in 2024 are compensated.
Officers on the 2024 filing
Stephen Grubbs
President & CEO
On filings since 2020
40 hrs/week
$883K (2020) → $1.2M (2024)
James Coffey
Ch Senior Vice President, President & Ch Foundation
Ch Senior Vice President, President & Ch Foundation → Ch Senior Vice President, President & Ch Founder, 2021
Ch Senior Vice President, President & Ch Founder → Ch Senior Vice President, President & Ch Foundation, 2022
On filings since 2020
1 hr/week
$265K (2020) → $301K (2024)
John Jurczyk
Senior Vice President & President Sjh Nashua
Senior Vice President, President & Sjh Nashua → Senior Vice President, President & Sjh Nashu, 2022
Senior Vice President, President & Sjh Nashu → Senior Vice President & President Sjh Nashua, 2023
On filings since 2020
$477K (2020) → $476K (2024)
Mary Prybylo
Senior Vice President & President Sjh Bangor
Senior Vice President, President & Sjh Bangor → Senior Vice President & President Sjh Bangor, 2023
On filings since 2020
$456K (2020) → $536K (2024)
Eric Hardy
Senior Vice President & President Pac Finance
Vice President Finance Provider Enterprise & Pac → Senior Vice President & President Pac Finance, 2024
On filings since 2023
40 hrs/week
$270K (2023) → $297K (2024)
John Oliverio
Chair
On filings since 2020
2 hrs/week
No compensation reported
Bruce Bonnell MD MPH
Director
On filings since 2020
2 hrs/week
No compensation reported
Lesley Adkinson E PhD RN
Director
On filings since 2020
2 hrs/week
No compensation reported
Louise Trottier
Director
On filings since 2020
2 hrs/week
No compensation reported
Mark W Anthoine Sr.
Director
Finance Committee Chair → Director, 2022
On filings since 2020
2 hrs/week
No compensation reported
Sr Catherine O'Connor
Director
On filings since 2020
2 hrs/week
No compensation reported
Thomas Mortimer
Director
On filings since 2020
2 hrs/week
No compensation reported
Catherine P Lovecchio PhD RN
Director
On filings since 2021
2 hrs/week
No compensation reported
Cherie Noe MD
Director
On filings since 2021
2 hrs/week
No compensation reported
Gino J Pazzaglini
Director
On filings since 2021
2 hrs/week
No compensation reported
Ralph Jenkins
Director & Vice Chair
Director → Director & Vice Chair, 2024
On filings since 2023
2 hrs/week
No compensation reported
Robert A Clark
Director
On filings since 2023
2 hrs/week
No compensation reported
Douglas Waite
Senior Vice President & Chief Medical Officer
On filings since 2020
40 hrs/week
$620K (2020) → $637K (2024)
John Emerson
Senior Vice President Integrated Medical Group
On filings since 2020
40 hrs/week
$415K (2020) → $430K (2024)
John Newman
Senior Vice President General Counsel
On filings since 2020
40 hrs/week
$446K (2020) → $815K (2024)
Stephen Forney
Senior Vice President & Chief Financial Officer
On filings since 2020
40 hrs/week
$592K (2020) → $818K (2024)
Ivan Ip
System Vice President & Chief Med Info Officer
Senior Vice President & Chief Medical Info. Officer → System Vice President & Chief Med Info Officer, 2023
On filings since 2022
40 hrs/week
$361K (2022) → $372K (2024)
Anup Myneni
Deputy General Counsel
New on the 2024 filing
$290K (2024)
Paige Hagerstorm
System Assistant Vice President Employee Experience
New on the 2024 filing
$290K (2024)
Kenneth E Arnold
Vice Chair
On filings since 2020
2 hrs/week
No compensation reported
Kathy Connerton JD MBA
Treasurer
Director → Treasurer, 2024
On filings since 2021
2 hrs/week
No compensation reported
Former officers (14)
- Former: Karen Bowling (2020–2023) — Former Senior Vice President & CIO
- Former: Richard Plamondon (2020–2023) — Vice President Finance & CFO Sjh Nashua
- Former: Steven Jorgensen (2020–2023) — Senior Vice President & President Smhs Lewiston
- Former: William P Lucy (2020–2023) — Director
- Former: Aisha Barlatier-Bonny (2021–2023) — Director
- Former: Gerard Foley (2020–2022) — Senior Vice President & President Post Acute Care
- Former: Brian Sweeney (2022) — System Physician Advisor
- Former: James F Loftus IV (2020–2021) — Director
- Former: John Isaacson (2020–2021) — Director
- Former: Katherine Bechtold (2020–2021) — Senior Vice President & Chief Nursing Officer
- Former: Thomas Kelly (2020–2021) — Director
- Former: Timothy Juergensen (2021) — Vice President & Chief Employee Experience Officer
- Former: Aisha Bonny (2020) — Director
- Former: Michael Hendrix (2020) — Vice President Finance
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $1.2M, to Stephen Grubbs (President & CEO). 12 officers or directors reported compensation on that filing.
Frequently asked questions about Covenant Health Inc
How much does Covenant Health Inc give each year?
Covenant Health Inc gave $20K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $57K across 6 grants.
How large is Covenant Health Inc?
Covenant Health Inc reported $381.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $77.5M.
What is Covenant Health Inc?
Covenant Health Inc is a public charity focused on Health, based in Andover, MA. It holds $381.5M in total assets as of 2024.
Where does Covenant Health Inc operate?
Covenant Health Inc has awarded grants in Massachusetts, Maine, New Hampshire, Pennsylvania, Rhode Island.
What is Covenant Health Inc's EIN?
Covenant Health Inc's EIN (Employer Identification Number) is 22-2484505. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 5, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Covenant Health Inc funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Covenant Health Inc's focus areas in our free grants database
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Covenant Health Inc down — hundreds of funders to go?