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COVENANT MEDICAL CENTER INC

EIN 42-1264647 WATERLOO, IA

Revenue 2024
$436,425,740
Expenses 2024
$406,563,697

Program services were 88.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
E220
Classification
1700
Street
3421 W 9TH ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of UNITED STATES CATHOLIC CONFERENCE (EIN 53-0196617). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • KURT ANDERSEN MD

    DIRECTOR AS OF 1/25; PRES CENTRAL IA

    Total calculated
    $1,931,294
    From this org
    $0
    From related orgs
    $1,685,852
    Other
    $245,442
    Hours/week
    1 + 54 related

    Schedule J breakdown matched by us

    Base
    $0 + $901,892 related
    Bonus
    $0 + $760,907 related
    Other
    $0 + $23,053 related
    Deferred
    $0 + $205,951 related
    Nontaxable benefits
    $0 + $39,491 related
    Filer's total
    $0 + $1,931,294 related

  • AHSAN MAQSOOD MD

    PHYSICIAN - CARDIOLOGY

    Total calculated
    $1,883,442
    From this org
    $1,822,907
    From related orgs
    $0
    Other
    $60,535
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,819,011
    Bonus
    $0
    Other
    $3,896
    Deferred
    $20,425
    Nontaxable benefits
    $40,110
    Filer's total
    $1,883,442

  • RICHARD NAYLOR DO

    PHYSICIAN - ORTHOPEDICS

    Total calculated
    $1,878,624
    From this org
    $1,825,436
    From related orgs
    $0
    Other
    $53,188
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,813,637
    Bonus
    $375
    Other
    $11,424
    Deferred
    $20,425
    Nontaxable benefits
    $32,763
    Filer's total
    $1,878,624

  • VICTOR MUJICA MD

    PHYSICIAN - GASTROENTEROLOGY

    Total calculated
    $1,431,149
    From this org
    $1,370,823
    From related orgs
    $0
    Other
    $60,326
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,350,804
    Bonus
    $1,425
    Other
    $18,594
    Deferred
    $20,425
    Nontaxable benefits
    $39,901
    Filer's total
    $1,431,149

  • GARY KNUDSON MD

    PHYSICIAN - ORTHOPEDICS

    Total calculated
    $1,400,043
    From this org
    $1,349,355
    From related orgs
    $0
    Other
    $50,688
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,338,399
    Bonus
    $2,175
    Other
    $8,781
    Deferred
    $20,425
    Nontaxable benefits
    $30,263
    Filer's total
    $1,400,043

  • JASON STANFORD DO

    PHYSICIAN - ORTHOPEDICS

    Total calculated
    $1,340,978
    From this org
    $1,291,625
    From related orgs
    $0
    Other
    $49,353
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,288,567
    Bonus
    $1,125
    Other
    $1,933
    Deferred
    $16,675
    Nontaxable benefits
    $32,678
    Filer's total
    $1,340,978

  • JACK DUSENBERY

    FORMER OFFICER

    Total calculated
    $728,110
    From this org
    $706,410
    From related orgs
    $0
    Other
    $21,700
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $706,410
    Deferred
    $0
    Nontaxable benefits
    $21,700
    Filer's total
    $728,110

  • MATTHEW SOJKA MD

    VP, MEDICAL AFFAIRS

    Total calculated
    $653,042
    From this org
    $80,567
    From related orgs
    $521,425
    Other
    $51,050
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $48,950 + $387,390 related
    Bonus
    $0 + $119,518 related
    Other
    $31,617 + $14,517 related
    Deferred
    $2,734 + $17,691 related
    Nontaxable benefits
    $5,021 + $25,604 related
    Filer's total
    $88,322 + $564,720 related

  • RYAN MEYER

    COO

    Total calculated
    $557,288
    From this org
    $0
    From related orgs
    $452,520
    Other
    $104,768
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $0 + $334,429 related
    Bonus
    $0 + $111,194 related
    Other
    $0 + $6,897 related
    Deferred
    $0 + $74,425 related
    Nontaxable benefits
    $0 + $30,343 related
    Filer's total
    $0 + $557,288 related

  • RACHELLE MAKINDE MD

    DIR; V CHAIR AS OF 12/24; PHYSICIAN

    Total calculated
    $544,631
    From this org
    $489,105
    From related orgs
    $0
    Other
    $55,526
    Hours/week
    47 + 3 related

    Schedule J breakdown matched by us

    Base
    $486,990
    Bonus
    $1,677
    Other
    $438
    Deferred
    $16,675
    Nontaxable benefits
    $38,851
    Filer's total
    $544,631

  • KELLY RICHARDS

    CHIEF NURSING OFFICER

    Total calculated
    $504,948
    From this org
    $58,939
    From related orgs
    $397,725
    Other
    $48,284
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $32,475 + $312,239 related
    Bonus
    $0 + $80,262 related
    Other
    $26,464 + $5,224 related
    Deferred
    $2,636 + $17,789 related
    Nontaxable benefits
    $4,822 + $23,037 related
    Filer's total
    $66,397 + $438,551 related

  • BRIAN BURNETT MD

    DIRECTOR; PHYS - FAMILY MEDICINE

    Total calculated
    $480,274
    From this org
    $418,705
    From related orgs
    $0
    Other
    $61,569
    Hours/week
    47 + 3 related

    Schedule J breakdown matched by us

    Base
    $404,437
    Bonus
    $12,500
    Other
    $1,768
    Deferred
    $20,425
    Nontaxable benefits
    $41,144
    Filer's total
    $480,274

  • TIMOTHY HUBER

    ASSISTANT TREASURER; VP OF FINANCE

    Total calculated
    $397,268
    From this org
    $340,743
    From related orgs
    $0
    Other
    $56,525
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $262,960
    Bonus
    $75,965
    Other
    $1,818
    Deferred
    $20,425
    Nontaxable benefits
    $36,100
    Filer's total
    $397,268

  • NANCY SCHAEFER

    ASSISTANT SECRETARY; EXEC ASSISTANT

    Total calculated
    $77,527
    From this org
    $72,333
    From related orgs
    $0
    Other
    $5,194
    Hours/week
    37 + 3 related

  • DAVID DEAVER

    DIRECTOR; CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3.5 related

  • SANDRA BENAK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3.5 related

  • BRYAN BURTON

    DIRECTOR AS OF 1/25

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • NANCY KERTZ

    DIRECTOR AS OF 1/25

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • ALAN KRUGER

    DIRECTOR THROUGH 12/24

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • CAROL TOUSLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $436,425,740
    Expenses
    $406,563,697
    Contributions
    $1,922,650
    Grants paid
    $269,324
  • 2023
    Revenue
    $401,603,286
    Expenses
    $375,191,522
    Contributions
    $1,107,986
    Grants paid
    $245,811
  • 2022
    Revenue
    $328,841,980
    Expenses
    $335,820,032
    Contributions
    $446,129
    Grants paid
    $1,251

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

Nonprofiteer parses the Form 990 only. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

The first 25 as filed. The return lists every one.

Declared as related by

The most recent declarers. The API serves every row.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.