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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Covenant Health Foundation Inc

Covenant Health Foundation Inc

Fiscal year ending 2024. Filed on November 5, 2025.

40 Shattuck Road 317
Andover, Massachusetts 01810

Covenant Health Foundation Inc (EIN: 80-0199674) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Covenant Health Foundation Inc, a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $826,531. The highest compensated employee at Covenant Health Foundation Inc is Stephen Grubbs with fiscal year 2024 compensation of $1,276,101.

Revenue, expenses, and employee compensation

Revenue

$3,419,785

Expenses

$10,963

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Stephen Grubbs
President and Chief Executive Officer
$1,276,101
$0 $1,235,937 $40,164
Stephen Forney
Senior Vice President and Chief Financial Officer
$853,861
$0 $817,738 $36,123
James Coffey
CH SVP; President, CH Foundation
$349,630
$0 $301,088 $48,542

Benchmark Employee Compensation

Non-Employee Board Members

Bruce Bonnell, M.D., Mph
Director
Catherine P Lovecchio, Ph.D., Rn
Director
Cherie Noe, M.D.
Director (End 2/2024)
Gino J Pazzaglini
Director
John Oliverio
Chair
Kathy Connerton, Jd, Mba
Treasurer
Kenneth E Arnold
Vice Chair (End 6/2024)
Lesley Adkinson E, Ph.D., Rn
Director
Louise Trottier
Director
Mark W Anthoine Sr
Director
Ralph Jenkins
Director; Vice Chair (Start 6/2024)
Robert A Clark
Director

Mission Statement

The Covenant Health Foundation provides support and grants to the other not-for-profit organizations in the Covenant Health System.

Revisions to this organization profile

November 5, 2025:
2024 Covenant Health Foundation Inc 990 filed
November 7, 2024:
2023 Covenant Health Foundation Inc 990 filed
November 13, 2023:
2022 Covenant Health Foundation Inc 990 filed

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