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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 2020. Filed on November 15, 2021.

1801 Lind Ave SW Attn Tax Dept
Renton, Washington 98057

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 2020 IRS Form 990 filing, Covenant Health System, a 501(c)(3) charitable organization, reported compensation for 17 out of 671 total employees. Among the employees shown here, the average compensation is $612,584. The highest compensated employee at Covenant Health System is Richard Parks with fiscal year 2020 compensation of $1,724,737.

Revenue, expenses, and employee compensation

Revenue

$94,073,918

Expenses

$85,973,403

Employee compensation

$31,378,515
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Richard Parks
REG CE - WEST Tx/Eastern NM
$1,724,737
$0 $1,453,002 $271,735
Craig Rhyne, M.D.
Former REG Chief Medical Officer
$1,241,295
$1,050,430 No related comp$190,865
John Grigson
Regional Chief Financial Officer
$787,870
$699,225 No related comp$88,645
Walter Cathey
Chief Executive, Covenant
$749,045
$635,313 No related comp$113,732
Brian Nicholson, M.D.
Board Member
$711,651
$0 $678,042 $33,609
Kerry Hendershot, M.D.
Board Member/Committee V Chair
$589,504
$0 $559,065 $30,439
Karen Baggerly
Former Vice President Chief Nursing EXEC
$559,851
$507,547 No related comp$52,304
James Kelly
Secretary/Chief Governance Officer
$536,259
$0 $444,840 $91,419
Brian Schroeder, M.D.
CMO, CMC
$510,152
$471,619 No related comp$38,533
Robert Salem, M.D.
EXEC Medical Director
$439,525
$410,420 No related comp$29,105
Steven Beck
Chief Admin Officer-Lb
$415,334
$376,694 No related comp$38,640
David Shaw
Vice President NM Hospital Administrator
$389,197
$306,844 No related comp$82,353

Benchmark Employee Compensation

Non-Employee Board Members

Brian Bruening, M.D.
Board Member/Board VICE Chair
Christy McClendon
Board Member - THRU 1/20
David Bayouth
Board Member/Committee Chair
David Weaver
Board Member (Part-Year)
Eddie McBride
Board Member/Committee V Chair
Jessie Mendoza
Board Member/Committee V Chair
Jim Gilbreath
Board Member/Board Chair
Karen Worley
Board Member/Committee V Chair
Keith Mann
Board Member
Kim Turner
Board Member
Lara Johnson, M.D.
BD Mbr/Chief of Staff (Part Year)
Mike Cunningham
Board Member/Committee V Chair

Contractors

Cass Information Systems Inc.
IT
$2,678,479
Global Sourcing Group
Consulting
$2,026,745
Lone Star Dirt and Paving
Construction
$1,714,315
Stryker Communications
IT
$1,422,529
Polsinelli PC
Legal
$1,145,279

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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