Covenant Homecare is located in Knoxville, TN. The organization was established in 1997. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2023, Covenant Homecare employed 254 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covenant Homecare is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Covenant Homecare generated $22.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $23.3m during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COVENANT HOMECARE PROVIDES HOME CARE SERVICES TO HELP PATIENTS MAINTAIN THEIR INDEPENDENCE AND STAY AT HOME. IT IS A MEMBER OF COVENANT HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVENANT HOMECARE PROVIDES SERVICES AND TREATMENT FOR PATIENTS WHO NEED TO RECEIVE CARE IN A HOME ENVIRONMENT. SERVICES CONSIST OF NURSING, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH THERAPY, SOCIAL SERVICES AND CARE GIVEN BY CERTIFIED NURSING ASSISTANTS. PATIENTS INCLUDE THOSE COVERED BY MEDICARE, TENNCARE AND COMMERCIAL INSURANCE, AS WELL AS SELF-PAY PATIENTS. NO PATIENT IS DENIED CARE BECAUSE OF AN INABILITY TO PAY. APPLICATIONS FOR FINANCIAL ASSISTANCE ARE PROVIDED TO PATIENTS WHO NEED THEM, AND FINANCIAL COUNSELORS ARE AVAILABLE TO ASSIST WITH THE APPLICATION PROCESS. COVENANT HOMECARE SERVES A 17-COUNTY REGION IN EAST TENNESSEE. COVENANT HOMECARE SERVED 5,497 PATIENTS IN 2023 IN THE COURSE OF 83,345 PATIENT VISITS.KARM TRANSITIONAL CARE WAS CREATED THROUGH A PARTNERSHIP BETWEEN COVENANT HOMECARE AND KNOX AREA RESCUE MINISTRIES TO PROVIDE A SAFE PLACE FOR INDIVIDUALS EXPERIENCING HOMELESSNESS TO CONTINUE HEALING AFTER A HOSPITAL STAY. THE GOAL IS TO IMPROVE PATIENT OUTCOMES THROUGH SUPERVISED CONTINUITY OF CARE, ULTIMATELY REDUCING THE PATIENT'S RISK OF DEVELOPING SUBSEQUENT ILLNESSES OR INFECTIONS REQUIRING ADDITIONAL HOSPITAL TREATMENT. FUNDED BY THE FORT SANDERS FOUNDATION, THIS SERVICE HELPS FULFILL COVENANT HEALTH'S MISSION OF IMPROVING THE QUALITY OF LIFE THROUGH BETTER HEALTH IN THE COMMUNITIES WE SERVE. COVENANT HOMECARE TREATED 35 PATIENTS IN 2023. COVENANT HOMECARE PROVIDES HOSPICE SERVICES WHICH PROVIDE PATIENT CARE AND FAMILY SUPPORT IN THE HOME ENVIRONMENT DURING THE PATIENT'S END STAGES OF LIFE. SERVICES ARE PROVIDED TO PATIENTS WHOSE PHYSICIANS HAVE DIAGNOSED THEM WITH A TERMINAL DISEASE THAT IS EXPECTED TO RESULT IN DEATH WITHIN SIX MONTHS OF BEING TAKEN UNDER CARE. THE OBJECTIVE IS TO ALLOW THESE PATIENTS TO DIE AT HOME WITH DIGNITY. SERVICES ARE PROVIDED IN THE HOME CONSIST OF NURSING CARE, THERAPY, SPIRITUAL SERVICES AND SOCIAL SERVICES. SERVICES ARE PROVIDED TO PATIENTS COVERED BY MEDICARE, TENNCARE AND COMMERCIAL INSURANCE, AS WELL AS SELF-PAY PATIENTS. NO PATIENT IS DENIED CARE DUE TO AN INABILITY TO PAY. APPLICATIONS FOR FINANCIAL ASSISTANCE ARE PROVIDED TO PATIENTS IF NEEDED, AND FINANCIAL COUNSELORS ARE AVAILABLE TO ASSIST WITH THE APPLICATION PROCESS. COVENANT HOMECARE SERVED 1,250 HOSPICE PATIENTS AND MADE 20,151 VISITS IN 2023.COVENANT HOMECARE AND HOSPICE IS PROUD TO BE A LEVEL 5 PARTNER OF WE HONOR VETERANS. THIS PROGRAM OF THE NATIONAL HOSPICE AND PALLIATIVE CARE ORGANIZATION (NHPCO), IN COLLABORATION WITH THE DEPARTMENT OF VETERANS AFFAIRS (VA), INVITES HOSPICES, STATE HOSPICE ORGANIZATIONS, HOSPICE-VETERAN PARTNERSHIPS AND VA FACILITIES TO JOIN A PIONEERING INITIATIVE FOCUSED ON RESPECTFUL INQUIRY, COMPASSIONATE LISTENING AND GRATEFUL ACKNOWLEDGMENT. BY RECOGNIZING THE UNIQUE NEEDS OF AMERICA'S VETERANS AND THEIR FAMILIES, COMMUNITY PROVIDERS, IN PARTNERSHIP WITH VA STAFF, LEARN HOW TO ACCOMPANY AND GUIDE THEM THROUGH THEIR LIFE STORIES TOWARD A MORE PEACEFUL ENDING.PALLIATIVE CARE IS A MEDICAL SPECIALTY FOCUSING ON THE MANAGEMENT OF SYMPTOMS IN PATIENTS WITH ACUTE, CHRONIC, OR LIFE THREATENING ILLNESS, REGARDLESS OF THE DIAGNOSIS. THESE SYMPTOMS MIGHT INCLUDE, BUT ARE NOT LIMITED TO, PAIN, NAUSEA, SHORTNESS OF BREATH, FLUID RETENTION, ETC. PALLIATIVE CARE STRIVES TO HELP PATIENTS BETTER UNDERSTAND THEIR TREATMENT OPTIONS AND CUSTOMIZES TREATMENTS TO MEET INDIVIDUAL NEEDS. THE GOAL IS TO PROMOTE THE HIGHEST QUALITY OF LIFE FOR PATIENTS AND THEIR FAMILIES. PALLIATIVE CARE CAN BE DELIVERED ANY TIME DURING A PATIENT'S ILLNESS, INCLUDING WHILE RECEIVING HOSPITAL CARE, AND CAN BE PROVIDED IN CONJUNCTION WITH ALL OTHER MEDICAL TREATMENTS. THE PALLIATIVE CARE TEAM PROVIDED 8,430 VISITS IN 2023. COVENANT HEALTH COVENANT HOMECARE IS A MEMBER OF COVENANT HEALTH. COVENANT HEALTH IS A COMMUNITY-OWNED, CLINICALLY INTEGRATED HEALTHCARE ENTERPRISE DEDICATED TO BEING THE REGION'S PREMIER HEALTHCAR NETWORK THROUGH SERVICE, COMMUNITY AND INNOVATION. OUR MISSION IS TO IMPROVE THE QUALITY OF LIFE IN OUR REGION THROUGH BETTER HEALTH. ESTABLISHED IN 1996 BY THE CONSOLIDATION OF FORT SANDERS HEALTH SYSTEM, KNOXVILLE, TENNESSEE, AND MMC HEALTHCARE SYSTEM IN OAK RIDGE, COVENANT HEALTH IS GOVERNED BY A VOLUNTARY BOARD OF DIRECTORS COMPRISED OF COMMUNITY LEADERS AND MEDICAL PROFESSIONALS. WITH MORE THAN 11,000 EMPLOYEES, AFFILIATED PHYSICIANS AND VOLUNTEERS, COVENANT HEALTH IS THE KNOXVILLE AREA'S LARGEST EMPLOYER AND HAS BEEN NAMED A BEST EMPLOYER MULTIPLE TIMES BY FORBES. COVENANT HEALTH INCLUDES NINE ACUTE CARE HOSPITALS IN EAST TENNESSEE: FORT SANDERS REGIONAL MEDICAL CENTER AND PARKWEST MEDICAL CENTER IN KNOXVILLE, METHODIST MEDICAL CENTER OF OAK RIDGE, FORT LOUDOUN MEDICAL CENTER IN LENOIR CITY, LECONTE MEDICAL CENTER IN SEVIERVILLE, MORRISTOWN-HAMBLEN HEALTHCARE SYSTEM IN MORRISTOWN, ROANE MEDICAL CENTER IN HARRIMAN, CLAIBORNE MEDICAL CENTER IN TAZEWELL AND CUMBERLAND MEDICAL CENTER IN CROSSVILLE. IT ALSO INCLUDES PENINSULA, A DIVISION OF PARKWEST MEDICAL CENTER, A BEHAVIORAL HEALTH HOSPITAL IN BLOUNT COUNTY, TENNESSEE. THE HEALTH SYSTEM ALSO INCLUDES COVENANT MEDICAL GROUP, WHICH INCLUDES MORE THAN 200 PHYSICIANS AND ADVANCED PRACTICE CLINICIANS IN OFFICE LOCATIONS THROUGHOUT EAST TENNESSEE.AFFILIATED ORGANIZATIONS INCLUDE THOMPSON CANCER SURVIVAL CENTER, THOMPSON ONCOLOGY GROUP, FORTRESS CORPORATION AND SUBSIDIARIES, COVENANT HOMECARE, AND FORT SANDERS PERINATAL CENTER. PHILANTHROPIC ORGANIZATIONS INCLUDE FORT SANDERS FOUNDATION AND THE THOMPSON CANCER SURVIVAL CENTER FOUNDATION IN KNOXVILLE, METHODIST MEDICAL CENTER FOUNDATION IN OAK RIDGE, DR. ROBERT F. THOMAS FOUNDATION IN SEVIERVILLE, AND MORRISTOWN-HAMBLEN HOSPITAL FOUNDATION IN MORRISTOWN. FUNDS RAISED BY THE FOUNDATIONS PROVIDE SERVICES, EQUIPMENT AND OTHER RESOURCES FOR EXCELLENCE IN PATIENT CARE.COVENANT HOMECARE, AS A MEMBER OF THE COVENANT HEALTH SYSTEM, BENEFITS FROM THE COLLABORATION AMONG ALL AFFILIATED ORGANIZATIONS TO PROMOTE QUALITY IMPROVEMENT, PATIENT SAFETY AND EFFICIENT DELIVERY OF CARE FOR THE COMMUNITIES SERVED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald Boyd Director | Trustee | 0 | $0 |
Willard Campbell MD Director | Trustee | 0 | $0 |
Michael Casey MD Director | Trustee | 0 | $0 |
Ronni Chandler Fmr Director (through June 2023) | Trustee | 0 | $0 |
Mitchell Dickson MD Director | Trustee | 0 | $0 |
Stephanie Flood Director | Trustee | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Homecare Homebase Llc Software Maintenance | 12/30/23 | $248,516 |
West Hills Health And Rehab Hospice Respite Care | 12/30/23 | $140,332 |
Beverly Park Place Health And Rehab Nursing Home Services | 12/30/23 | $132,241 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $315,119 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $350 |
Total Revenue from Contributions, Gifts, Grants & Similar | $315,119 |
Total Program Service Revenue | $22,464,549 |
Investment income | $21,304 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $22,800,972 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $350 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $342,245 |
Compensation of current officers, directors, key employees. | $342,245 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $14,035,340 |
Pension plan accruals and contributions | $578,184 |
Other employee benefits | $1,817,405 |
Payroll taxes | $1,009,987 |
Fees for services: Management | $1,024,644 |
Fees for services: Legal | $22 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,146,471 |
Advertising and promotion | $14,143 |
Office expenses | $312,151 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $152,733 |
Travel | $1,019,402 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $16,094 |
Interest | $15,515 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $303,541 |
Insurance | $18,955 |
All other expenses | $59,417 |
Total functional expenses | $23,265,532 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$25,525 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,007,981 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $46,620 |
Prepaid expenses and deferred charges | $29,159 |
Net Land, buildings, and equipment | $646,504 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $708,505 |
Total assets | $3,413,244 |
Accounts payable and accrued expenses | $3,223,212 |
Grants payable | $0 |
Deferred revenue | $913,333 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,266,432 |
Total liabilities | $5,402,977 |
Net assets without donor restrictions | -$1,989,733 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $3,413,244 |