Covenant Health System
As expressions of god's healing love, witnessed through the ministry of jesus, we are steadfast in serving all, especially those who are poor and vulnerable.
Covenant Health System at a glance
- Total assets
- $199,139,169
- -20.8% vs 2023
- Revenue (2024)
- $113,759,127
- +11.9% vs 2023
- Net investment income (2024)
- $4,039,587
- +274.7% vs 2023
- Expenses (2024)
- $115,571,834
- +23.3% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Covenant Health System funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $1–5M range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $100K (2019) to $1.7M (2023). In 2023 it made 1 grant totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Covenant Health System Foundation Lubbock, TX | Opperational Support | $1,712,777 |
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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 | $199,139,169 | $113,759,127 | $115,571,834 | — | — | $4,039,587 |
| 2023 | $251,526,995 | $101,706,790 | $93,736,511 | $1,712,777 | 1 | $1,078,163 |
| 2022 | $88,236,720 | $124,698,924 | $115,856,089 | — | — | $-1,075,225 |
| 2021 | $235,112,275 | $106,469,001 | $98,316,333 | — | — | $1,204,301 |
| 2020 | $156,000,960 | $94,073,918 | $85,973,403 | — | — | $893,814 |
| 2019 | $143,533,032 | $89,452,397 | $85,386,826 | $100,000 | 1 | $895,999 |
About Covenant Health System
Based on IRS filings
Covenant Health System is a public charity focused on Health, based in Renton, WA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $199.1M in total assets. Net investment income was $4.0M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Covenant Health System is led by Walter Cathey, President & CEO since 2024 (on filings since 2019); 5 of 28 officers listed in 2024 are compensated.
Officers on the 2024 filing
Walter Cathey
President & CEO
Chief Executive & Covenant → Reg Ce - West Tx & Eastern Nm, 2021
Reg Ce - West Tx & Eastern Nm → President & CEO, 2024
On filings since 2019
27 hrs/week
$54K (2019) → $0 (2024)
Joel Gilbertson
Division Chief Executive - Central
On filings since 2022
16 hrs/week
No compensation reported
Wesley Wells
Executive Director Pharmacy
New on the 2024 filing
50 hrs/week
$243K (2024)
Travis Funk
Board Member & Chair
Board Member → Board Member & Vice Chair, 2022
Board Member & Vice Chair → Board Member & Chair, 2023
On filings since 2019
1 hr/week
No compensation reported
Dyana Kerr
Regional CFO
Former CFO & Service Area Cov → Frmr Ke - Hobbs CFO, 2021
Frmr Ke - Hobbs CFO → Regional CFO, 2023
On filings since 2019
55 hrs/week
$320K (2019) → $0 (2024)
John Grigson
Frmr Officer - Tx & Nm Reg. CFO
Regional Chief Financial Officer → Regional CFO -, 2023
Regional CFO - → Frmr Officer - Tx & Nm Reg. CFO, 2024
On filings since 2019
$718K (2019) → $0 (2024)
Steven Beck
Chief Administrative Officer
Chief Administrator Officer-Lb → CAO Chp, 2021
CAO Chp → Chief Administrative Officer, 2023
On filings since 2019
50 hrs/week
$444K (2019) → $361K (2024)
David Shaw
Vice President Nm Hospital Administrator
On filings since 2020
50 hrs/week
$307K (2020) → $408K (2024)
Lindy Lauderdale
Chief Administrative Officer
CAO - Chp → Chief Administrative Officer, 2023
On filings since 2021
50 hrs/week
$280K (2021) → $291K (2024)
Sammy Deeb MD
Board Member
On filings since 2021
0.5 hrs/week
$31K (2022) → $0 (2024)
Bruce White
Vice President Regional Rural Administrator
On filings since 2023
49.5 hrs/week
$462K (2023) → $441K (2024)
James Kelly
Frmr Officer - Vice President Senior Corp Counsel
Secretary & Chief Governance Officer → Secretary & Chief Gov Off.-, 2021
Secretary & Chief Gov Off.- → Frmr Officer - Vice President Senior Corp Counsel, 2022
On filings since 2019
No compensation reported
Kerry Hendershot MD
Board Member
Board Member & Committee V Chair → Board Member, 2021
On filings since 2019
0.5 hrs/week
No compensation reported
Kim Turner
Board Member & Vice Chair
Board Member → Board Member & Vice Chair, 2023
On filings since 2019
1 hr/week
No compensation reported
Richard Parks
Frmr Officer - Tx & Nm Reg. Ce
Frmr Officer - Executive Advisor → Frmr Officer Executive Advisor, 2023
Frmr Officer Executive Advisor → Frmr Officer - Tx & Nm Reg. Ce, 2024
On filings since 2019
No compensation reported
Sister Marian Schubert Csj
Board Member
Board Member, Committee Chair & Board Member → Board Member, 2021
On filings since 2019
0.5 hrs/week
No compensation reported
David Weaver
Board Member
On filings since 2020
0.5 hrs/week
No compensation reported
Lindsay Cooper
Board Member
On filings since 2021
0.5 hrs/week
No compensation reported
Christopher Snead
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
Melissa Damm
Division CFO - Central
On filings since 2022
13.8 hrs/week
No compensation reported
Scott O'Brien
Frmr Ke - Ce Eastern Wa
Division COO - Central → Frmr Ke - Ce Eastern Wa, 2024
On filings since 2022
No compensation reported
Troy Tucker
Board Member
On filings since 2022
0.5 hrs/week
No compensation reported
David Quintanilla
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Gabe Vitela
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Jorge Ramirez
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Joshua Hill MD
Board Member
On filings since 2023
0.5 hrs/week
No compensation reported
Kathleen Burrell
Secr. Chief Governance Officer
On filings since 2023
49.5 hrs/week
No compensation reported
Sydney Hopper
Board Member
New on the 2024 filing
0.5 hrs/week
No compensation reported
Former officers (28)
- Former: Brian Bruening MD (2019–2023) — Board Member
- Former: Christine Shaver (2019–2023) — Frmr Ke - Vice President Chief Hr - Covhs
- Former: Craig Rhyne MD (2019–2023) — Regional Chief Medical Officer
- Former: Lindzi Timberlake (2021–2023) — Secretary & Chief Gov. Officer -
- Former: Phebe Ellis-Roach (2021–2023) — Board Member
- Former: Brian Nicholson MD (2019–2022) — Board Member
- Former: Jim Gilbreath (2019–2022) — Board Member
- Former: Karen Baggerly (2019–2022) — Frmr Vice President Chief Nursing Executive
- Former: Kelly McDaniel (2019–2022) — Executive Director & Support Svcs -
- Former: Robert Salem MD (2019–2022) — Executive Medical Director -
- Former: Robert Turner (2019–2022) — Vice President Mission Integration -
- Former: Lara Johnson MD (2020–2022) — Board Member
- Former: Tapan Nath (2021–2022) — Board Member
- Former: David Bayouth (2019–2021) — Board Member
- Former: Eddie McBride (2019–2021) — Board Member -
- Former: Jessie Mendoza (2019–2021) — Board Member
- Former: Keith Mann (2019–2021) — Board Member
- Former: Brian Schroeder MD (2019–2020) — CMO & Cmc
- Former: Christy McClendon (2019–2020) — Board Member -
- Former: David Gray DO (2019–2020) — Board Member -
- Former: Karen Worley (2019–2020) — Board Member & Committee V Chair
- Former: Mike Cunningham (2019–2020) — Board Member & Committee V Chair
- Former: Robert King MD (2019–2020) — Board Member & Chief of Staff Cmc
- Former: Val Cochran (2019–2020) — Board Member & Committee V Chair
- Former: Jim Brunjes (2019) — Board Member
- Former: Paul Arrington (2019) — Reg Vice President - Strategic Svcs - Sw
- Former: Sharon Prather (2019) — Former Chief Governance Officer
- Former: Sister Marian Schubert (2019) — Board Member
Data from IRS Form 990 filings, 2019–2024. "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 $441K, to Bruce White (VP Regional Rural Administrator). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Covenant Health System
How large is Covenant Health System?
Covenant Health System reported $199.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $113.8M.
What is Covenant Health System?
Covenant Health System is a public charity focused on Health, based in Renton, WA. It holds $199.1M in total assets as of 2024.
Where does Covenant Health System operate?
Covenant Health System has awarded grants in Texas.
What is Covenant Health System's EIN?
Covenant Health System's EIN (Employer Identification Number) is 75-2765566. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS November 13, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Covenant Health System's focus areas in our free grants database
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Covenant Health System down — hundreds of funders to go?