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Wellmont Health System

Foundation · Grantmaker 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.

Key facts about Wellmont Health System

EIN
62-1636465
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,347,719
Grants made (2024)
16
Average grant
$84,232
Median grant
$18,441
New grantees (estimate)
56% first-time grantees (9 of 16, 2024)
Total assets
$469,564,946
Primary geography
Tennessee (78% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Wellmont Health System funds

By grant dollars, the top recipient states for Wellmont Health System's 16 itemized 2024 grants were Tennessee (78%) and Virginia (17%). The most frequent recipient cities were Bristol, TN (3 grants), Abingdon, VA (2 grants) and Kingsport, TN (2 grants). None of its 16 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program Support" (4 grants).

Is Wellmont Health System open to new grantees?

56%

first-time grantees, 2024

In 2024, 9 of 16 grantees (56%) were first-time recipients. First grants averaged $130K; repeat grants $25K. How we count

Medians: $17K first-time, $25K repeat.

  • 38% of 2024 grantees were also funded in 2023. Method
  • Giving fell 88% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Share of all 16 itemized 2024 grant dollars.

Cities

KingsportBristolJohnson CityAbingdonGrayWiseBlacksburgBlountvilleCharlottsvilleHenricoMilligan CollegeNew YorkRichlandsRichmondBaltimoreBig Stone GapBrentwoodCoeburnEmoryGreeneville

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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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: $973KMilligan University$973KSouthwest Va Higher Education Fndtn: $100KSouthwest Va Higher EducationFndtn$100KSouthwest Virginia Comm College Fndtn: $55KSouthwest Virginia CommCollege Fndtn$55KZoll Medical Corporation: $45KZoll Medical Corporation$45KSecond Harvest Food Bank: $25KSecond Harvest Food Bank$25KUniversity of Virginia at Wise Foundation: $25KUniversity of Virginia at WiseFoundation$25KJosie King Foundation: $20KJosie King Foundation$20KVirginia Breast Cancer Fndtn: $20KVirginia Breast Cancer Fndtn$20KEmory & Henry College: $17KEmory & Henry College$17KNetvets Group: $15KNetvets 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

Among its reported 2024 grants, the largest recipients include Milligan University ($972,950), Southwest Va Higher Education Fndtn ($100,000), Southwest Virginia Comm College Fndtn ($54,648).

RecipientPurposeAmount
Milligan University Milligan College, TNSponsor health sciences simulation lab$972,950
Southwest Va Higher Education Fndtn Abingdon, VASWVA Regional Simulation Lab for Nursing & Allied Health$100,000
Southwest Virginia Comm College Fndtn Richlands, VASWVA Diagnostic Medical Sonography Program$54,648
Zoll Medical Corporation New York, NYPurchase monitors donated to local EMS providers$44,643
Second Harvest Food Bank Gray, TNProgram Support$25,000
University of Virginia at Wise Foundation Charlottsville, VAAthletics Program$24,996
Josie King Foundation Baltimore, MDPatient safety tools education$20,000
Virginia Breast Cancer Fndtn Richmond, VAProgram Support$20,000
Emory & Henry College Emory, VAProgram Support-College of Nursing$16,882
Netvets Group Kingsport, TNProgram Sponsor-veterans support$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Chad Couch — Pres/CEO NE Mkt: $670KChad CouchPres/CEO NE Mkt$670KJames Price MD — Physician: $525KJames Price MDPhysician$525KChristopher Yeary MD — Physician: $504KChristopher Yeary MDPhysician$504KRebecca Beck — CEO Hvmc: $479KRebecca BeckCEO Hvmc$479KJohn Morehead MD — Physician: $425KJohn Morehead MDPhysician$425KElie Nader MD — Physician: $421KElie Nader MDPhysician$421KBrian Newberry MD — Physician: $365KBrian Newberry MDPhysician$365KBobbie Murphy — Regional CNO: $326KBobbie MurphyRegional CNO$326KChris Miller — COO Brmc: $313KChris MillerCOO Brmc$313KRobert Kennedy — COO Hvmc: $269KRobert KennedyCOO Hvmc$269K

From 2024 IRS 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

Frequently Asked Questions

What does Wellmont Health System fund?

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.

How do I apply for a grant from Wellmont Health System?

Wellmont Health System makes grants to support healthcare education and community health initiatives. Recent grants include: • **Milligan University** - $972,950 for sponsoring a Health Sciences Simulation Lab (2024) • **Southwest Virginia Higher Education Center Foundation** - $100,000 for a Southwest Virginia Regional Simulation Lab for Nursing & Allied Health (2024) • **Second Harvest Food Bank of Northeast Tennessee** - $25,000 for program support (2024) The organization also received a $20…

Where does Wellmont Health System make grants?

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

What size grants does Wellmont Health System award?

In 2024, Wellmont Health System awarded 16 grants totaling $1.3M — an average of about $84K per grant, based on its IRS Form 990 filings.

What is Wellmont Health System's EIN?

Wellmont Health System's EIN (Employer Identification Number) is 62-1636465. IRS Form 990 filing data is available on this page for 2020–2024.

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

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