Texas · Not ranked: see note below.
Covenant Health System
, chief executive. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Not in the ranking because the chief executive could not be identified from the filing with confidence. The figures below are shown as filed.
Also listed with a chief executive title in the same filings: Joel Gilbertson, Division Chief Exec - Central, $2,829,815; Walter Cathey, President/CEO, $1,481,609. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $113,759,127
- Total expenses
- $115,571,834
- Net assets
- −$224,076,812
- Employees
- 635
- Hospitals covered
- 1 facilities across 1 filing
- Charity care, net
- $8,656
- Bad debt
- Medicare surplus (shortfall), as filed
- ($8,992,463)
- CEO pay
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Covenant Health System, EIN 75-2765566, fiscal year ending 2024-12, as published by the IRS. CEO identification: manual excluded.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt () and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
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