Covenant HealthCare CEO salary and executive pay
Covenant HealthCare paid its CEO, Bethany Charlton, $1,907,478 for the fiscal year ending June 2025. That is up $460,678 (31.8%) from the fiscal year ending June 2024. Total revenue on that return was $915,996,052, up 10.3% from $830,573,569 for the fiscal year ending June 2024. Covenant HealthCare ranks 17th of 36 hospitals on this site by CEO pay. Covenant HealthCare has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025.
Last updated from IRS e-file data. EIN 38-3369438, Saginaw, MI.
CEO, fiscal year ending June 2025
$1,907,478
Highest-paid person, fiscal year ending June 2025
$2,263,761Bakri KaakehPHYSICIAN
- Total revenue
- $915,996,052
- CEO pay vs. peers
- Higher than 50%
Source: Form 990, fiscal year ending June 2025, IRS object ID 202621349349309817.View the filing
Peers: the 34 other hospitals on this site. Ranked 18th of 35 by top pay as a share of revenue. Pay is 0.21% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
Highest-paid people on the latest return
On the latest return, 11 people were paid more than $500,000, 7 of them more than $1 million.
| Name and title | Total |
|---|---|
| Bakri KaakehPHYSICIAN | $2,263,761 |
| Kevin AlbostaVICE PRESIDENT | $2,242,171 |
| Bethany Charlton CEO PRESIDENT | $1,907,478 |
| George MalliarasPHYSICIAN | $1,789,387 |
| Mark ZakiPHYSICIAN | $1,760,873 |
Also paid on the latest return: James Fugazzi (PHYSICIAN), $1,659,557; Hossam Mustafa (PHYSICIAN), $1,476,757; Kevin Birchmeier (VICE PRESIDENT), $870,468; Matthew Deibel (VICE PRESIDENT), $732,152; Patrice Lanczak (VICE PRESIDENT), $610,622; David Nall (VICE PRESIDENT), $542,167; Michael Fiore MD (BOARD MEMBER/PHYSICIAN), $455,843; Dr Iris Marteja (FORMER VICE PRESIDENT), $441,248; Dr Michael Sullivan (FORMER VICE PRESIDENT), $426,791; Frank Fear (VICE PRESIDENT), $421,551; Adam Tompa (VICE PRESIDENT), $359,143; Jackie Tinnin (VICE PRESIDENT), $314,948.
Also listed in Part VII of the latest return, with no pay reported: James Milroy (CHAIRMAN), Dwight McNally (VICE CHAIRMAN), John Shelton (SECRETARY), Jonathan Gardey (TREASURER), Ellen Crane (BOARD MEMBER), Patrick Curry (BOARD MEMBER), Craig Goslin (BOARD MEMBER), Tim Hausbeck (BOARD MEMBER), Renee Johnston (BOARD MEMBER), Herb Spence (BOARD MEMBER).
CEO pay by year
Each row is the CEO on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Jun 2025 | Bethany Charlton CEO PRESIDENT | $1,907,478 | $915,996,052 | Filing |
| Jun 2024 | Bethany Charlton CEO PRESIDENT | $1,446,800 | $830,573,569 | Filing |
| Jun 2023 | Beth Charlton CEO PRESIDENT | $1,510,638 | $793,294,499 | Filing |
| Jun 2022 | Edward Bruff CEO PRESIDENT | $1,810,647 | $787,096,091 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending June 2025.
Source: Form 990, fiscal year ending June 2025, IRS object ID 202621349349309817.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Bakri KaakehPHYSICIAN | $2,241,571 | $22,190 | $1,847,683 | $393,888 | $0 | $0 | $22,190 | $2,263,761 |
| Kevin AlbostaVICE PRESIDENT | $1,930,923 | $311,248 | $586,257 | $123,571 | $1,221,095 | $276,149 | $35,099 | $2,242,171 |
| Bethany CharltonPRESIDENT | $1,039,656 | $867,822 | $861,457 | $178,199 | $0 | $806,880 | $60,942 | $1,907,478 |
| George MalliarasPHYSICIAN | $1,781,002 | $8,385 | $1,732,854 | $48,148 | $0 | $0 | $8,385 | $1,789,387 |
| Mark ZakiPHYSICIAN | $1,752,338 | $8,535 | $1,497,788 | $254,550 | $0 | $0 | $8,535 | $1,760,873 |
These figures come from Covenant HealthCare's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How Covenant HealthCare compares
Ranked 17th of 36 hospitals by CEO pay.
- Previous in this ranking: 16th, Union Health, $1,928,000
- Next in this ranking: 18th, Pikeville Medical Center, $1,738,038
Closest in revenue among the hospitals on this site:
Phoebe Putney Memorial Hospital$977,242 (CEO), fiscal year ending Jul 2025
Community Hospital of the Monterey Peninsula$2,566,012 (CEO), fiscal year ending Dec 2024
Adventist HealthCare$1,408,653 (CEO), fiscal year ending Dec 2024
South Shore Health$1,671,392 (CEO), fiscal year ending Sep 2025
Virginia Mason Medical Center$5,754,859 (CEO), fiscal year ending Jun 2025
Common questions
Bethany Charlton (PRESIDENT) was paid $1,907,478 for the fiscal year ending June 2025: $1,039,656 from Covenant HealthCare and $867,822 in other compensation (Part VII columns D and F).
The highest-paid person on the latest return was Bakri Kaakeh (PHYSICIAN), at $2,263,761. That is $356,283 more than the CEO, Bethany Charlton.
Covenant HealthCare paid its CEO, Bethany Charlton, $1,907,478 for the fiscal year ending June 2025. That is up $460,678 (31.8%) from the fiscal year ending June 2024. The earliest return on record is for the fiscal year ending June 2022, when the CEO was Edward Bruff, paid $1,810,647. By fiscal year end: June 2022, $1,810,647 (Edward Bruff); June 2023, $1,510,638 (Beth Charlton); June 2024, $1,446,800 (Bethany Charlton); June 2025, $1,907,478.
Covenant HealthCare's return for the fiscal year ending June 2025 reports total expenses of $921,889,564 and total revenue of $915,996,052 (Part I, lines 18 and 12), so expenses exceeded revenue by $5,893,512. Expenses were $806,102,876 for the fiscal year ending June 2024, so they rose 14.4%. The CEO's pay of $1,907,478 equals 0.21% of expenses, our calculation.
From the 4 Form 990 returns Covenant HealthCare filed with the IRS for fiscal years ending 2022 to 2025. The latest full-year return was filed on May 14, 2026. Schedule J of the fiscal year ending June 2025 return breaks down pay for all 5 people in the pay breakdown above.