To provide diverse medical care to meet the heatlh care needs of the 14 counties in east central Michigan we serve.
Key facts about Covenant Medical Center Inc
In short: Covenant Medical Center Inc gave $35.0M across 1 grant in 2025 (avg $35.0M), mostly in Michigan. Source: 2025 IRS Form 990.
- EIN
- 38-3369438
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $34,972,530
- Grants made (2025)
- 1
- Average grant
- $34,972,530
- Median grant
- $34,972,530
- Total assets
- $901,046,200
- Primary geography
- Michigan (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$901.0M
+3.9% YoY
Annual Giving
$35.0M
Grant Count
1
Avg Grant Size
$35.0M
About Covenant Medical Center Inc
Based on IRS filings
Covenant Medical Center Inc is a public charity focused on Health, based in Saginaw, MI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $901.0M in total assets. In 2025, it awarded 1 grant totaling $35.0M. Net investment income was $25.8M.
Focus Areas
Ready to take the next step with Covenant Medical Center Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 1 grant totaling $35.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was CMU College of Medicine ($35.0M).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was $5M or more: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CMU College of Medicine Saginaw, MI | Support | $34,972,530 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $901,046,200 | $867,284,470 | $811,272,319 |
| Revenue | $915,996,052 | $830,573,569 | $793,294,499 |
| Expenses | $921,889,564 | $806,102,876 | $777,451,585 |
| Net Investment Income | $25,803,244 | $15,516,690 | $43,604,344 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS May 12, 2020)
Leadership & Key People
Officers and directors from IRS filings
Covenant Medical Center Inc is led by Bethany Charlton, President on every filing since 2024; 17 of 27 officers listed in 2025 are compensated.
Officers on the 2025 filing
Bethany Charlton
President
On filings since 2024
54 hrs/week
$850K (2024) → $1M (2025)
James R. Milroy
Chairman
Treasurer → Vice Chairman, 2020
Vice Chairman → Chairman, 2021
On filings since 2019
4 hrs/week
No compensation reported
David Nall
Vice President
On filings since 2019
50 hrs/week
$254K (2019) → $354K (2025)
Iris Marteja
Former Vice President
Vice President → Former Vice President, 2025
On filings since 2019
50 hrs/week
$405K (2019) → $426K (2025)
James Fugazzi
Physician
On filings since 2019
40 hrs/week
$787K (2019) → $1.6M (2025)
Kevin Albosta
Vice President
On filings since 2019
55 hrs/week
$460K (2019) → $1.9M (2025)
Kevin Birchmeier
Vice President
On filings since 2019
50 hrs/week
$309K (2019) → $581K (2025)
Michael Sullivan
Former Vice President
Vice President → Former Vice President, 2025
On filings since 2019
50 hrs/week
$452K (2019) → $393K (2025)
Mark Zaki
Physician
On filings since 2020
40 hrs/week
$880K (2020) → $1.8M (2025)
Bakri Kaakeh
Physician
On filings since 2021
40 hrs/week
$994K (2021) → $2.2M (2025)
Michael Fiore MD
Board Member & Physician
Board Member → Board Member & Physician, 2023
On filings since 2021
50 hrs/week
$474K (2023) → $456K (2025)
Patrice Lanczak
Vice President
On filings since 2021
50 hrs/week
$229K (2021) → $597K (2025)
Frank Fear
Vice President
On filings since 2022
50 hrs/week
$280K (2022) → $387K (2025)
Jackie Tinnin
Vice President
On filings since 2022
50 hrs/week
$207K (2022) → $282K (2025)
Adam Tompa
Vice President
On filings since 2023
50 hrs/week
$225K (2023) → $330K (2025)
George Malliaras
Physician
On filings since 2024
40 hrs/week
$1.6M (2024) → $1.8M (2025)
Matthew Deibel
Vice President
On filings since 2024
50 hrs/week
$77K (2024) → $700K (2025)
Hossam Mustafa
Physician
New on the 2025 filing
40 hrs/week
$1.5M (2025)
Dwight McNally
Vice Chairman
Secretary → Vice Chairman, 2021
On filings since 2019
4 hrs/week
No compensation reported
John Shelton
Secretary
Board Member → Secretary, 2021
On filings since 2019
4 hrs/week
No compensation reported
Jonathan Gardey
Treasurer
Board Member → Treasurer, 2021
On filings since 2019
4 hrs/week
No compensation reported
Renee Johnston
Board Member
On filings since 2019
4 hrs/week
No compensation reported
Craig Goslin
Board Member
On filings since 2020
4 hrs/week
No compensation reported
Ellen Crane
Board Member
On filings since 2021
4 hrs/week
No compensation reported
Herb Spence
Board Member
On filings since 2021
4 hrs/week
No compensation reported
Tim Hausbeck
Board Member
On filings since 2021
4 hrs/week
No compensation reported
Patrick Curry
Board Member
On filings since 2023
4 hrs/week
No compensation reported
Former officers (27)
- Former: Frank Schinco (2019–2024) — Physician
- Former: Amy Buben - Part Year (2024) — Board Member
- Former: Mark Basset - Part Year (2024) — Board Member
- Former: Asad Mehboob (2019–2023) — Physician
- Former: Beth Charlton (2019–2023) — President
- Former: Binu Malhotra (2019–2023) — Physician
- Former: Edward Bruff (2019–2023) — Former President
- Former: Ginny Latty (2019–2023) — Vice President
- Former: Adam Cote (2020–2023) — Physician
- Former: Mark Bassett (2020–2023) — Board Member
- Former: Amy Buben (2023) — Board Member
- Former: Erich Richter (2023) — Physician
- Former: David Meyer (2019–2022) — Board Member
- Former: John Johnson MD (2019–2022) — Board Member
- Former: Gene Pickleman (2021) — Chairman -
- Former: Culli Damuth (2019–2020) — Board Member
- Former: Daniel George (2019–2020) — Vice President
- Former: Gene Pickelman (2019–2020) — Chairman
- Former: Herbert A. Spence III (2019–2020) — Board Member
- Former: Lawrence Sims (2019–2020) — Chairman
- Former: Michael Schultz (2019–2020) — Officer
- Former: Timothy A. Hausbeck (2019–2020) — Board Member
- Former: Jon Gardey (2020) — Treasurer
- Former: Colleen Linehan (2019) — Physician
- Former: Greggory Lubben (2019) — Board Member
- Former: John Kosanovich (2019) — Vice President
- Former: Tim Wenzel (2019) — Former Vice President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $2.2M, to Bakri Kaakeh (Physician). 17 officers or directors reported compensation on that filing.
Frequently asked questions about Covenant Medical Center Inc
How much does Covenant Medical Center Inc give each year?
Covenant Medical Center Inc gave $35.0M across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Covenant Medical Center Inc?
Covenant Medical Center Inc reported $901.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $916.0M.
What is Covenant Medical Center Inc?
Covenant Medical Center Inc is a public charity focused on Health, based in Saginaw, MI. It holds $901.0M in total assets as of 2025.
Where does Covenant Medical Center Inc operate?
Covenant Medical Center Inc has awarded grants in Michigan.
What is Covenant Medical Center Inc's EIN?
Covenant Medical Center Inc's EIN (Employer Identification Number) is 38-3369438. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Covenant Medical Center Inc by hand.
Explore Open Grants
Browse active grant opportunities in Covenant Medical Center Inc's focus areas in our free grants database
Similar Funders
Similar funders in Michigan
WK Kellogg Foundation
Battle Creek, MI
The W.K. Kellogg Foundation funds community-led work focused on children’s health and education, good food, family economic security, racial equity and equitable opportunity. It gives across the United States, with long-term commitments in Michigan, Mississippi, New Mexico and New Orleans, and also funds in parts of Mexico and Haiti; its 2024 median grant was $100,000. It accepts proposals at any time through its website and does not limit giving to preselected organizations.
Assets
$481.0M
Grants
1,818
Total Given
$303.9M
Community Foundation for Southeast Michigan
Detroit, MI
The Community Foundation for Southeast Michigan funds nonprofits and community initiatives in economic opportunity, health equity, youth and education, arts and culture, and public space and environment across southeast Michigan. Its 2024 median grant was $25,000, though awards varied widely; it uses a two-stage Community Grants process, with selected applicants invited to submit a full application.
Assets
$1.2B
Grants
938
Total Given
$105.1M
Charles Stewart Mott Foundation
Flint, MI
The Charles Stewart Mott Foundation funds nonprofits working in civil society, youth engagement, environmental sustainability, and Flint-area community development, in Flint and communities around the world. Its 2024 grants had a median of $55,000, though awards ranged widely; it does not accept unsolicited funding requests and supports preselected organizations.
Assets
$3.8B
Grants
834
Total Given
$166.4M
The Kresge Foundation
Troy, MI
The Kresge Foundation funds nonprofits working to expand equity and opportunity in U.S. cities, across arts and culture, education, environment, health, human services and community development, with particular focus on Detroit, Memphis, New Orleans and Fresno. Its 2024 grants ranged from $150 to $5 million, with a median of $140,000; it most often invites applicants, though some programs issue open calls, and its Social Investment Practice does not accept unsolicited proposals.
Assets
$4.0B
Grants
800
Total Given
$170.0M
Feeding America West Michigan
Kentwood, MI
Feeding America West Michigan funds hunger-relief organizations and food-distribution programs, including food pantries, meal sites, and summer and mobile food programs, in West Michigan and Michigan’s Upper Peninsula (40 counties). Its 2025 grants ranged from $5,028 to $2,280,020, with a median of $40,417. It invites eligible organizations to begin a partner review, which it says is not a formal application.
Assets
$35.8M
Grants
527
Total Given
$44.7M
DTE Energy Foundation
Detroit, MI
DTE Energy Foundation funds community transformation, human needs, economic development, education, employment, and environmental initiatives, primarily in Michigan. Its 2024 grants had a median of about $10,000, though amounts ranged from $100 to $1.2 million. Its general application process is invitation-only, but it has offered open calls for specific Michigan programs.
Assets
$129.1M
Grants
442
Total Given
$15.8M
The Skillman Foundation
Detroit, MI
The Skillman Foundation funds Detroit organizations working on education systems change, youth development, and community services that support Detroit youth. Its 2024 grants had a median of $10,000 and ranged from $50 to $500,000; it generally proactively invites partnership applications, though it welcomes connections from organizations and currently accepts applications to its $2,500–$10,000 President’s Discretionary Fund.
Assets
$418.5M
Grants
416
Total Given
$17.8M
The Ralph C Wilson Jr Foundation
Detroit, MI
The Ralph C. Wilson, Jr. Foundation funds active lifestyles, preparation for success, caregiver support, entrepreneurship and economic development, and nonprofit-sector innovation in Southeast Michigan and Western New York. Its 2024 median grant was $100,000, though awards vary widely. It accepts applications year-round through an initial Letter of Inquiry; selected organizations are invited to submit a full proposal.
Assets
$896.5M
Grants
413
Total Given
$141.2M
Grand Rapids Community Foundation
Grand Rapids, MI
Grand Rapids Community Foundation funds nonprofits and eligible public or fiduciary-sponsored organizations working in education, health, neighborhoods, arts and culture, economic prosperity, and the environment, with an emphasis on equity and reducing barriers. Its 2025 grants ranged from $5,065 to $2.36 million, with a median of $23,000, and primarily serve Kent County and West Michigan; eligible applicants can submit an online pre-application for projects fitting its priorities.
Assets
$483.6M
Grants
377
Total Given
$22.0M
United Way for Southeastern Michigan
Detroit, MI
United Way for Southeastern Michigan funds basic needs, youth opportunity, family financial stability, and racial-equity work, primarily across Macomb, Oakland, Washtenaw, and Wayne counties. Its 2025 grants had a median of $50,000, though amounts varied widely; listed opportunities include specific funds, but the profile does not state a general policy on unsolicited requests.
Assets
$59.9M
Grants
360
Total Given
$81.1M
Flint and Genesee Group Foundation
Flint, MI
The Flint and Genesee Group Foundation supports educational, charitable, youth, and economic-development activities focused on Flint and Genesee County, Michigan. A 2021 recipient received $15,000, but filings show no grants in 2022–2024, so a typical giving level is unclear. The available information does not say whether it accepts unsolicited requests.
Assets
$183.6M
Grants
304
Total Given
$4.5M
Consumers Energy Foundation
Jackson, MI
Consumers Energy Foundation funds Michigan projects focused on basic needs, education and workforce readiness, environmental protection, economic development, neighborhood revitalization, and arts and culture, mainly in Lower Peninsula communities served by Consumers Energy. Its 2024 grants ranged from $100 to $500,000, with a median of $5,000; its 2026 Community Impact program offers up to $20,000 per project. The profile does not state whether it accepts unsolicited requests.
Assets
$67.1M
Grants
296
Total Given
$7.5M
More Funders in Michigan
Covenant Medical Center Inc down — hundreds of funders to go?