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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 Health Care Covenant Health System

Covenant Health System

Fiscal year ending 2016. Filed on May 14, 2017.

3615 19th Street
Lubbock, Texas 79410

Covenant Health System (EIN: 75-2765566), also known as Covenant Health, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Covenant Health System, a 501(c)(3) charitable organization, reported compensation for 24 out of 4,485 total employees. Among the employees shown here, the average compensation is $559,062. The highest compensated employee at Covenant Health System is Darrin Montalvo with fiscal year 2016 compensation of $1,644,980.

Revenue, expenses, and employee compensation

Revenue

$717,681,259

Expenses

$650,258,291

Employee compensation

$215,238,478
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Darrin Montalvo
Board Member
$1,644,980
$0 $1,586,275 $58,705
Richard Parks
Executive Vice President W TX E Nm/Bd Mbr/President
$1,189,802
$0 $1,161,939 $27,863
Troy Thibodeaux
Former Chief Executive Officer
$1,005,776
$0 $995,109 $10,667
Craig Rhyne, M.D.
Chief Medical Officer
$922,001
$882,270 No related comp$39,731
John Grigson
Senior Vice President and Chief Financial Officer
$708,880
$679,504 No related comp$29,376
Robert Salem, M.D.
Senior Vice President Medical Director, Emeritus
$613,822
$572,679 No related comp$41,143
Steve McCamy
CMG President (FMR KEY Emply)
$605,923
$0 $591,224 $14,699
Michael O'Neill, M.D.
Board Member
$563,298
$0 $533,568 $29,730
Larry Warmoth, M.D.
Board Member
$524,970
$0 $497,668 $27,302
Michael Robertson, M.D.
Board Member (Part-Year)
$513,852
$0 $487,934 $25,918
Lawrence Martinelli
Chief Med Informatics Officer
$496,570
$474,543 No related comp$22,027
Walter Cathey
CHS CEO
$492,486
$452,431 No related comp$40,055

Benchmark Employee Compensation

Non-Employee Board Members

Teb Thames, M.D.
Board Member
$6,000
$6,000 No related compNo other comp
Brian Bruening, M.D.
Board Mbr/Committee V Chair
$1,400
$0 $1,400 No other comp
Christy McClendon
Board Member
No compensation reported
Brent Hoffman
Board Member (Part-Year)
No compensation reported
Rosalinda R Jimenez
Board Mbr/Committee V Chair
No compensation reported
Karen Worley
Board Mbr/Committee V Chair
No compensation reported
Val Cochran
Board Mbr/Committee V Chair
No compensation reported
Sister Sharon Becker Csj
Board Member/Committe Chair
No compensation reported
John Hamilton
Board Chair/Committee Chair
No compensation reported
Juan Sanchez Munoz, Ph.D.
Board Member (Part-Year)
No compensation reported
David Bayouth
Board Member
No compensation reported
Keith Mann
Board Mbr/Committee V Chair
No compensation reported

Contractors

Northstar Anesthesia PA
Anesthesia
$7,743,585
United Blood Services
Blood
$2,949,072
Texas Tech University Health Sciences Ce
Residency Program
$2,197,465
Polsinelli PC
Consulting
$1,332,978
Quest Diagnostics
Lab
$1,212,213

Mission Statement

SEE SCHEDULE O.AS EXPRESSIONS OF GOD'S HEALING LOVE, WITNESSED THROUGH THE MINISTRY OF JESUS, WE ARE STEADFAST IN SERVING ALL, ESPECIALLY THOSE WHO ARE POOR AND VULNERABLE.

Revisions to this organization profile

November 6, 2025:
2024 Covenant Health System 990 filed
November 12, 2024:
2023 Covenant Health System 990 filed
November 15, 2023:
2022 Covenant Health System 990 filed

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