What is Covenant Medical Center's total revenue?

Covenant Medical Center reported total revenue of $510.1M for tax year 2023 on its IRS Form 990, against $578.5M in total expenses and $6.7M in net income.

What are Covenant Medical Center's total assets?

Covenant Medical Center reported total assets of $894.6M and net assets of $259.6M on its FY2023 IRS Form 990.

Where can I find Covenant Medical Center's IRS Form 990?

Covenant Medical Center files IRS Form 990 annually under EIN 82-2913146. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 82-2913146

Covenant Medical Center

Lubbock, TX 79410-1203 · Tax year 2023

NTEE E22Original filing PDF →

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$510.1M

Total revenue

$578.5M

Total expenses

$6.7M

Net income

1.3%

Operating margin

Financial summary

Total revenue: $510.1M
Contributions + grants: $164K
Program service revenue: $477.8M
Total expenses: $578.5M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: $6.7M
Total assets: $894.6M
Total liabilities: $635.0M
Net assets: $259.6M

Peer comparison

Compared to 41 organizations with NTEE E22 in TX

Avg revenue (peers)

$404.9M

This org:$510.1M

Avg net income (peers)

$1.2M

This org:$6.7M

Avg top exec comp (peers)

$425K

This org (highest):$482K

Executive compensation (FY2024)

24 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
CHRIS LANCASTER	FORMER CEO - CMC	0	—	$482K
LARA JOHNSON	CHIEF MEDICAL OFFICER MARKET	50	$351K	$391K
DANIEL HRONEK	CHIEF NURSING OFFICER	50	$248K	$307K
GEORGE HARLAN	SENIOR CLINICAL PHARMACIST	50	$254K	$304K
JASBINDER GILL	ACUTE CARE RN	50	$263K	$301K
JIHANNE PADUA	ACUTE CARE RN	50	$236K	$268K
CHETLEN CROSSNOE MD	BOARD MEMBER	0.5	—	—
JENNIFER BRYAN	LUBBOCK AREA MARKET/CFO	11	—	—
KATHLEEN BURRELL	SECR. CHIEF GOVERNANCE OFF.	0.5	—	—
DERICK HAGGARD MD	BOARD MEMBER - THRU 12/31/24	0.5	—	—
CHAD WHEELER	BOARD MEMBER	0.5	—	—
BECKY GARZA	BOARD MEMBER	0.5	—	—
DAN BERMAN MD	BOARD MEMBER	0.5	—	—
JESSIE MENDOZA	BOARD MEMBER/CHAIR	1	—	—
KEINO MCWHINNEY	BOARD MEMBER	0.5	—	—
MICHELLE MCCORD	BOARD MEMBER	0.5	—	—
SHAUN FORGERSON	BOARD MEMBER	0.5	—	—
WALTER CATHEY	FRMR OFF. - NM/TX REG CE	0	—	—
SYDNEY HOPPER	BOARD MEMBER	0.5	—	—
AMY THOMPSON MD	LUBBOCK AREA MARKET/CEO	1	—	—
SHELLY HOOK MD	BOARD MEMBER - THRU 12/31/24	0.5	—	—
JOHN GRIGSON	FRMR OFF. - TX/NM REG. CFO	0	—	—
JAMES KELLY	FRMR OFF. - VP SENIOR CORP COUNSEL	0	—	—
RICHARD PARKS	FRMR OFF - TX/NM REG. CE	0	—	—

6-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$510.1M	$578.5M	$6.7M	$894.6M
2022	$444.9M	$511.3M	$4.8M	$971.1M
2021	$506.1M	$528.7M	$13.0M	$710.3M
2020	$442.7M	$511.2M	$6.7M	$570.5M
2019	$479.6M	$507.5M	$2.9M	$769.8M

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