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Fort Sanders Regional Medical Center

Also known as Covenant Health Fort Sanders Regional

Knoxville, TN · EIN 62-0528340 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Fort Sanders Regional Medical Center reported $423.2 million in revenue and $435.1 million in expenses for calendar year 2024. Of every $100 it spent, $98.18 went to program services, $1.82 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.8% of the total. The highest compensation it reported for one person was $3,242,830 (President & CEO). 143 people received more than $100,000 in reportable compensation. Revenue rose 31% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $435M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $423M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
98.2%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
1.8%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$3,242,830$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.75%1.34%
People paid over $100,000
Part VII, line 2
14327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.96.6
Independent voting board members
Part VI 1a–1b
19 of 2088.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$427M expenses · 100.0% of program spending · grants $61,403 · revenue $418M

Fort Sanders Regional Medical Center ("Fort Sanders Regional") traces its beginnings to May 1919, when a group of physicians received a charter from the State of Tennessee for a new hospital to be built on the site of the Civil War Battle of Fort Sanders. Fort Sanders Regional has grown throughout its 100+ year history to include 45 medical specialties. The hospital has 444 acute care beds and 24 beds in the Fort Sanders Transitional Care Unit. SERVICEThe hospital is known for excellence in stroke care, neurosciences, cardiology, surgery, oncology, orthopedics, obstetrics, bariatrics, and…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO
Director/trustee, officer, 0.00 hrs/week
$0$2,880,556$362,274$3,242,830
EVP/CFO
Officer, 0.00 hrs/week
$0$861,693$105,608$967,301
President & CAO
Officer, 44.00 hrs/week
$0$659,599$36,837$696,436
CRNA
Highest compensated employee, 50.00 hrs/week
$395,807$0$30,596$426,403
VP - Chief Nursing Officer
Key employee, 50.00 hrs/week
$287,378$0$41,160$328,538
CRNA
Highest compensated employee, 50.00 hrs/week
$300,022$0$20,666$320,688
CRNA
Highest compensated employee, 50.00 hrs/week
$267,520$0$30,865$298,385
CRNA
Highest compensated employee, 50.00 hrs/week
$281,498$0$10,256$291,754

143 people received more than $100,000 in reportable compensation from Fort Sanders Regional Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $827K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800M201920202021202220232024$423M$435M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$423M$435M98.2%$213M$3,242,830
2023 ⓘ$399M$412M97.5%$231M$3,115,259
2022 ⓘ$378M$396M97.3%$230M$2,662,703
2021 ⓘ$362M$358M97.8%$230M$2,333,514
2020 ⓘ$339M$334M97.4%$180M$2,170,110
2019 ⓘ$324M$319M97.7%$175M$2,006,148

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b20 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 52,446
  • Volunteers Part I, line 6558

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Medically Home Group Inc
Patient Home Care
$2,885,603
Newstat PLLC
Leased Medical Providers
$2,156,712
AMN Locum Tenens Inc
Physician Services
$1,822,631
Linen King LLC
Linen Services
$1,748,541
Medic Regional Blood Center
Blood Process Fees
$1,475,273

Individuals listed as contractors are left out. 65 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Fort Sanders Regional Medical Center totaling $17 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Fort Sanders Regional Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Fort Sanders Regional Medical Center, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Tennessee

Questions people ask

How much of Fort Sanders Regional Medical Center's spending goes to programs?

In calendar year 2024, Fort Sanders Regional Medical Center reported that 98.2% of its $435.1 million in expenses went to program services, 1.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Fort Sanders Regional Medical Center pay its top executive?

The largest total compensation Fort Sanders Regional Medical Center reported for one person in calendar year 2024 was $3,242,830, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Fort Sanders Regional Medical Center get its money?

Of $423.2 million in revenue in calendar year 2024, 0.1% came from contributions and grants (including 0.0% from government grants) and 98.8% from program service revenue (Form 990, Part VIII).

Is Fort Sanders Regional Medical Center a registered charity?

The IRS lists EIN 62-0528340 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533159349303428 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443189349304659 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323179349305442 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213149349303671 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123129349303907 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043179349304514 · read the filing

All filings for EIN 62-0528340: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.