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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

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

RecipientPurposeAmount
Barter Theatre Abingdon, VAProgram Support$9,550
Bristol Tennessee City Schools Bristol, TNSponsor Power of Play 5K$10,000
Crossroads Medical Mission Bristol, VAHealthcare for underinsured & uninsured$9,400
Emory & Henry College Emory, VAProgram Support-College of Nursing$16,882
Healing Hands Health Center Bristol, TNProgram Support$8,350
Josie King Foundation Baltimore, MDPatient safety tools education$20,000
Kingsport Chamber Foundation Kingsport, TNProgram Support-Healthy Kingsport$10,000
Milligan University Milligan College, TNSponsor health sciences simulation lab$972,950
Netvets Group Kingsport, TNProgram Sponsor-veterans support$15,000
Second Harvest Food Bank Gray, TNProgram Support$25,000

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

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.

Explore Open Grants

Browse active grant opportunities in Wellmont Health System's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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