Morristown-Hamblen Hospital Association
Also known as Covenant Health Morristown-Hamblen
Morristown-Hamblen Hospital Association reported $161.2 million in revenue and $139.5 million in expenses for calendar year 2024. Of every $100 it spent, $96.99 went to program services, $3.01 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: 99.7% of the total. The highest compensation it reported for one person was $3,242,830 (President & CEO). 35 people received more than $100,000 in reportable compensation. Revenue rose 40% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $140MFor 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 $161MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 97.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.0% | 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 | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.7% | 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) | 2.32% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 35 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.4 | 6.6 |
| Independent voting board members Part VI 1a–1b | 19 of 20 | 88.9% |
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 expenseFounded in 1895, Morristown-Hamblen Healthcare System ("Morristown-Hamblen") is a 167-bed facility that has provided more than 100 years of care to its community. The hospital serves an eight-county region in the Lakeway Area of East Tennessee. SERVICEMorristown-Hamblen's key areas of service include: the Heart, Lung, and Vascular Center; Women's Center; Breast Center; Morristown Regional Cancer Center; Outpatient Surgery Center, Emergency Department and Critical Care Unit. Morristown-Hamblen received its third consecutive "A" Hospital Safety Score from The Leapfrog Group in Fall 2024. In…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| 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, 35.00 hrs/week | $0 | $564,436 | $26,089 | $590,525 |
| Medical Physicist Highest compensated employee, 50.00 hrs/week | $204,934 | $0 | $38,290 | $243,224 |
| VP - Financial Services Officer, 35.00 hrs/week | $198,501 | $0 | $28,623 | $227,124 |
| VP - Chief Nursing Officer Key employee, 50.00 hrs/week | $175,567 | $0 | $37,314 | $212,881 |
| CT Tech Highest compensated employee, 50.00 hrs/week | $152,110 | $0 | $30,341 | $182,451 |
| Clinical Nurse Highest compensated employee, 50.00 hrs/week | $151,705 | $0 | $24,050 | $175,755 |
35 people received more than $100,000 in reportable compensation from Morristown-Hamblen Hospital Association (Part VII, line 2). Compensation of current officers, directors and key employees totaled $440K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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 51,044
- Volunteers Part I, line 634
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| The Christman Company Contractor Services | $1,358,495 |
| Sodexo Inc and Affiliates Housekeeping Services | $1,197,527 |
| Siemens Medical Solutions USA Annual Service Contracts | $1,129,209 |
| Newstat PLLC Leased medical providers | $687,958 |
Individuals listed as contractors are left out. 26 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Morristown-Hamblen Hospital Association totaling $800 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 Morristown-Hamblen Hospital Association's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Morristown-Hamblen Hospital Association, you can publish a response that is linked from this page.
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Of every $100 Morristown-Hamblen Hospital Association spent in 2024, $96.99 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Thorek Memorial HospitalChicago, IL · revenue $161M · programs 84.7% · FY2025
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- Brighton MarineBrighton, MA · revenue $162M · programs 93.3% · FY2025
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Questions people ask
How much of Morristown-Hamblen Hospital Association's spending goes to programs?
In calendar year 2024, Morristown-Hamblen Hospital Association reported that 97.0% of its $139.5 million in expenses went to program services, 3.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Morristown-Hamblen Hospital Association pay its top executive?
The largest total compensation Morristown-Hamblen Hospital Association 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 Morristown-Hamblen Hospital Association get its money?
Of $161.2 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).
Is Morristown-Hamblen Hospital Association a registered charity?
The IRS lists EIN 62-0545814 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 202543169349301714 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413189349305556 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333179349311043 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243149349302974 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143129349303964 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013179349304181 · read the filing
All filings for EIN 62-0545814: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.