COVENANT HEALTH AND COMMUNITY SERVICES INC

EIN: 465132177 501(c)(3) Health Care

PENSACOLA, FL

Total Revenue
$24,269,922
Total Expenses
$29,468,394
Total Assets
$33,133,771
Net Assets
$-14,385,988
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Principal Officer
JEFF MISLEVY
Phone
8504332155
Tax Period
2022-01-01 to 2022-12-31

COVENANT HEALTH AND COMMUNITY SERVICES INC, founded in 2014, is a mid-sized nonprofit in the Health Care sector that reported $24.3M in total revenue in fiscal year 2022. Expenses of $29.5M exceeded revenue, resulting in a 21% operating deficit.

Mission

COVENANT HEALTH AND COMMUNITY SERVICES, INC. WAS FORMED TO ACT AS THE PARENT (SEE SCHEDULE O) (CONTINUATION FROM PART I, LINE 1) CORPORATION OF COVENANT HOSPICE AND ITS AFFILIATES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $5,410,226
Program Service Revenue $18,668,454
Investment Income $353
Other Revenue $190,889
TOTAL REVENUE $24,269,922

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,222,614
Fundraising Expenses $0
Program Expenses $15,282,588
Other Expenses $-754,220
TOTAL EXPENSES $29,468,394

Year-over-Year Comparison

2022 2021 Change
Revenue $24,269,922 $23,118,935 +0.0%
Expenses $29,468,394 $29,573,603 0.0%
Net Income $-5,198,472 $-6,454,668 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
9
Employees
132
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$2,014,840
Total Directors
10
$906,028
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF MISLEVY PRESIDENT/CEO 4.00
Officer Director
$885,168 $20,860 $906,028
RODNEY GUTTMANN CHAIRMAN 4.00
Officer Director
$0 $0 $0
TOM OWENS PAST CHAIR 4.00
Officer Director
$0 $0 $0
BRETT PARRA SECRETARY 4.00
Officer Director
$0 $0 $0
KENT SKOLROOD TREASURER 4.00
Officer Director
$0 $0 $0
DICK APPLEYARD BOARD MEMBER 4.00
Director
$0 $0 $0
JAMES JAMIE CAMPBELL BOARD MEMBER 4.00
Director
$0 $0 $0
MILLER CALDWELL BOARD MEMBER 4.00
Director
$0 $0 $0
PETER JENNINGS BOARD MEMBER 4.00
Director
$0 $0 $0
STEVE SARROS BOARD MEMBER 4.00
Director
$0 $0 $0
KRISTEN MCGEHEE COO 4.00
Officer
$252,920 $18,290 $271,210
ODIN BERG CSO 4.00
Officer
$431,257 $2,496 $433,753
ROLAND CLENEAY CFO 4.00
Officer
$383,130 $20,719 $403,849
BRIAN TIEMAN CPO 40.00
Highest
$207,620 $10,827 $218,447
CHRISTIAN DEJESUS ASSOCIATE VP OF REV. 40.00
Highest
$372,174 $102 $372,276
STEVEN DONCHEY CMO, SENIOR VP 40.00
Highest
$307,322 $0 $307,322
AARON WEST VP ADVANCEMENT 40.00
Highest
$312,367 $16,600 $328,967
CHRISTINE PERRY ASSOCIATE VP OF HOME HEALTH 40.00
Highest
$258,440 $1,319 $259,759
TODD FISHER COO 4.00
$250,434 $149 $250,583
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 No data No data No data No data
2022 $24,269,922 $29,468,394 $33,133,771 $-5,198,472
2021 $23,118,935 $29,573,603 $26,538,010 $-6,454,668
2020 $20,352,069 $21,914,170 $22,995,823 $-1,562,101
2019 $14,087,058 $16,279,276 $13,133,550 $-2,192,218
2018 $14,054,053 $12,607,897 $14,781,036 $1,446,156
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