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Wellmont Health System

JOHNSON CITY, TN EIN: 62-1636465 Website

Wellmont Health System is a 501(c)(3) nonprofit healthcare organization established in 1996 and based in Johnson City, Tennessee. The organization operates hospital facilities and serves as a premier provider of healthcare services for Northeast Tennessee and Southwest Virginia. The system is also known by several facility names, including Bristol Regional Medical Center, Mountain View Regional Medical Center, Holston Valley Medical Center, Norton Community Hospital, Hancock County Hospital, and Lonesome Pine Hospital.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$469.6M

+6.2% YoY

Annual Giving

$1.3M

+42.7% YoY

Grant Count

16

-20.0% YoY

Avg Grant Size

$84K

+78.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Wellmont Health System's stated purpose is to "honor those we serve by delivering the best possible care." The organization is dedicated to improving the health of the 29-county Appalachian Highlands region through comprehensive healthcare and wellness services.

The organization's primary focus area is community health systems, with a particular emphasis on healthcare delivery and related health services in rural and underserved Appalachian communities.

Grantmaking

Wellmont Health System makes grants to support healthcare education and community health initiatives. Recent grants include:

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Geographic Focus

Where this funder awards grants

Wellmont Health System funds nationally, with particular emphasis on the 29-county Appalachian Highlands region spanning Northeast Tennessee and Southwest Virginia.

Grant Distribution by State

7states

Cities

AbingdonBaltimoreBig Stone GapBlacksburgBlountvilleBrentwoodBristolCharlottsvilleCoeburnEmoryGrayGreenevilleHenricoIndianapolisJohnson CityKingsportKnoxvilleLimestoneMarionMilligan College

Financial History

Multi-year comparison from IRS filings

As of June 2024:

  • Total Revenue: $857 million
  • Total Expenses: $827 million
  • Total Assets: $470 million
  • Total Liabilities: $163 million
  • Number of Employees: 4,015

As of June 2023:

  • Assets: $442.2 million (ledger value)
  • Income: $842.4 million

The organization maintains a strong financial position and is ranked 1,987 among the top U.S. foundations by assets and 25th among Tennessee foundations by assets.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$236M$471M$707M$943M20202021202220232024
Metric202420232022
Total Assets$469,564,946$442,212,331$438,048,848
Revenue$856,912,729$840,443,933$845,523,767
Expenses$827,340,861$813,767,456$797,824,334
Qualifying Distributions
Net Investment Income$1,366,593$382,294$1,497,464
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$8M$11M16 grants202013 grants202127 grants202220 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Milligan University$973KSouthwest Va Higher Educ…$100KSouthwest Virginia Comm …$55KZoll Medical Corporation$45KSecond Harvest Food Bank$25KUniversity of Virginia a…$25KJosie King Foundation$20KVirginia Breast Cancer F…$20KEmory & Henry College$17KNetvets Group$15K

Grant Size Distribution

92 grants across all recorded years

73<$50K9$50–100K5$100–250K$250–500K2$500K–1M2$1–5M1$5M+

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

Chad CouchPres/CEO NE Mkt$670KJames Price MDPhysician$525KChristopher Yeary MDPhysician$504KRebecca BeckCEO HVMC$479KJohn Morehead MDPhysician$425KElie Nader MDPhysician$421KBrian Newberry MDPhysician$365KBobbie MurphyRegional CNO$326KChris MillerCOO BRMC$313KRobert KennedyCOO HVMC$269K

From 2024 filing

NameTitleHoursCompensation
Alan Levine BH PresCEODirector/Chair1
Marvin Eichorn BH EVPCAODirector1
Eric Deaton BH EVPCOODirector1
Julie Bennett CLOGovnc OffcrDirector/Secretary1
Lynn Krutak end June 2024BH EVP/CFO1
Shane Hilton begin Jan 2024BH EVP/CFO1
Chris MillerCOO BRMC45$312,807
Robert KennedyCOO HVMC45$269,410
Chad CouchPres/CEO NE Mkt45$670,212
Shannon ShowalterCEO Wise County24
Rebecca BeckCEO HVMC45$478,955
Robert BenderCFO BRMC36
Stephen Sawyer end Dec 2023CFO23
Bobbie MurphyRegional CNO45$325,674
John JeterCEO BRMC/JMH23
James Price MDPhysician40$524,878
Christopher Yeary MDPhysician40$503,814
Elie Nader MDPhysician40$420,525
John Morehead MDPhysician40$425,074
Brian Newberry MDPhysician40$364,935
Andrew Wampler BH Gen CnslFormer Officer1
Tim BelisleFormer Officer
Dale Clark CEO SCCHFormer CEO Wise County
Lisa SmithgallFormer Key Employee/CNE

Recent News & Activity

Recent developments and announcements

Recent grant activity demonstrates the organization's commitment to healthcare workforce development and community support. The organization has made significant investments in simulation lab infrastructure for nursing and allied health education, supporting workforce development in the region. Additionally, the organization has received external funding support, including a $20,000 grant from the Easterseals Foundation for Greene County initiatives.

Healing Hands Health Receives $13,500 Hope Grant from Wellspring Foundation\

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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