Totals
- Total revenue
- $3,212,722
- Total expenses
- $961,594
- Contributions and grants received
- $993,234
- Grants paid
- $449,343
- Program services expenses (Part IX)
- $449,343
- Management and general expenses
- $512,251
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $449,343
Program services were 46.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
BETHANY CHARLTON
PRESIDENT/CEO
- Total calculated
- $1,510,638
- From this org
- $0
- From related orgs
- $812,741
- Other
- $697,897
- Hours/week
- 4 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $769,241 related
- Bonus
- $0 + $43,500 related
- Other
- $0
- Deferred
- $0 + $639,037 related
- Nontaxable benefits
- $0 + $58,860 related
- Filer's total
- $0 + $1,510,638 related
-
KEVIN ALBOSTA
VP/CFO
- Total calculated
- $940,556
- From this org
- $0
- From related orgs
- $551,926
- Other
- $388,630
- Hours/week
- 4 + 55 related
Schedule J breakdown matched by us
- Base
- $0 + $517,486 related
- Bonus
- $0 + $34,440 related
- Other
- $0
- Deferred
- $0 + $355,957 related
- Nontaxable benefits
- $0 + $32,673 related
- Filer's total
- $0 + $940,556 related
-
AMY BUBEN
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
JANE HAGEN
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
RICHARD J GARBER JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
DONALD J CARLYON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
LYLE G DAVIS JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
BRENT GAERTNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
BJ HUMPHREYS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
MOLLY SAPUTO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
JOHN W SHELTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
KATHI SPENCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 4
-
CAROL COTTRELL
FOUNDATION DIRECTOR
- Total calculated
- $173,810
- From this org
- $167,157
- From related orgs
- $0
- Other
- $6,653
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,629
- Bonus
- $4,528
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,653
- Filer's total
- $173,810
-
EDWARD BRUFF
FORMER PRESIDENT
- Total calculated
- $724,063
- From this org
- $0
- From related orgs
- $684,329
- Other
- $39,734
- Hours/week
- 4 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $153,387 related
- Bonus
- $0
- Other
- $0 + $530,942 related
- Deferred
- $0 + $38,053 related
- Nontaxable benefits
- $0 + $1,681 related
- Filer's total
- $0 + $724,063 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- COVENANT MEDICAL CENTER, A RELATED ORGANIZATION, USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
- PART I, LINE 4B
- THE ORGANIZATION MAINTAINS A NONQUALIFIED SUPPLEMENTAL EXECUTIVE PLAN (SERP) FOR CERTAIN OF ITS EXECUTIVES. THE SERP HAS BEEN ESTABLISHED FOR THESE EXECUTIVES BY THE ORGANIZATION, FOLLOWING APPROPRIATE BOARD LEVEL REVIEW IN A MANNER INTENDED TO COMPLY WITH THE REBUTTABLE PRESUMPTION OF REASONABLENESS PROVISION UNDER IRC SECTION 4958. SOME OF THE INDIVIDUALS LISTED IN PART VII RECEIVED A TAXABLE SERP PAYMENT IN FY23. ALL PAYMENTS WERE INCLUDED AS TAXABLE INCOME.
- PART I, LINE 7
- THE FILING ORGANIZATION RELIED ON COVENANT MEDICAL CENTER'S, A RELATED ORGANIZATION, METHODS FOR ESTABLISHING THE BONUSES OF THE FILING ORGANIZATION'S OFFICERS: THE BONUSES PAID TO ANY OFFICER LISTED IN SCHEDULE J PART II CAN BE DETERMINED BASED ON WHETHER FOUR ORGANIZATION SUCCESS SHARING TARGETS ARE MET; PATIENT SATISFACTION SCORES, QUALITY METRICS, EMPLOYEE ENGAGEMENT SCORES AND FINANCIAL PERFORMACE BASED ON A CUSTOM OPERATING MARGIN.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · HEALTHCARE · MI
-
501(C)(3) · HEALTHCARE · MI · controlled entity
Directly controlled by COVENANT HEALTHCARE SYSTEM
-
VISITING NURSE ASSOCIATION OF SAGINAW
501(C)(3) · HOME CARE · MI · controlled entity
Directly controlled by COVENANT HEALTHCARE SYSTEM
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411359349302591
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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