Wellmont Health System
83% goes to programs $0 to raise $100
Wellmont Health System is a 501(c)(3) organization based in Johnson City, Tennessee, registered in 1996, with $856,912,729 in FY2023 revenue. CharityIndex grades it A, and it directs about 83% of spending to programs.
311 Princeton Rd Ste 1, Johnson City, TN, 37601 EIN 62-1636465 Since 1996
Revenue (FY2023)
$856.9M
▲ 2.0% vs prior year
Health median: $840K
Expenses (FY2023)
$827.3M
Net assets
$306.7M
Employees
4,015
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating83% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Wellmont Health System: 83% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wellmont Health System: 4 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Wellmont Health System: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wellmont Health System: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Honor those we serve by delivering the best possible care.
Contact & location
- Address
- 311 Princeton Rd Ste 1, Johnson City, TN, 37601
- City
- Johnson City
- State
- Tennessee
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $675.5M (FY2013) to $856.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $162.9MNet assets $306.7M
Operating margin
3.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$469.6M
Total liabilities
$162.9M
Net assets
$306.7M
Salaries & benefits
$302.9M
37% of expenses
Board members
4
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $856,912,729▲2.0% | $827,340,861▲1.7% | $306,698,477▲11.3% | $469,564,946▲6.2% | 990 |
| 2022 | $840,443,933▼0.6% | $813,767,456▲2.0% | $275,495,811▲19.2% | $442,212,331▲1.0% | 990 |
| 2021 | $845,523,767▲4.7% | $797,824,334▲11.5% | $231,049,632▲19.5% | $438,048,848▼8.2% | 990 |
| 2020 | $807,505,610▲21.9% | $715,518,651▲14.1% | $193,384,697 | $476,937,664▲12.1% | 990 |
| 2019 | $662,198,822▼7.2% | $627,121,314▼3.4% | $193,404,473▲220% | $425,394,041▼2.2% | 990 |
| 2018 | $713,563,018▼0.2% | $649,188,184▼8.7% | $60,391,920▼88.9% | $434,840,245▼57.7% | 990 |
| 2017 | $714,777,117▼5.9% | $711,427,553▲5.9% | $542,089,831▼0.8% | $1,026,995,312▼6.9% | 990 |
| 2016 | $759,556,763▲9.0% | $671,723,027▲3.7% | $546,734,784▲15.5% | $1,103,175,235▲2.9% | 990 |
| 2015 | $696,722,122▲0.4% | $647,644,119▲0.8% | $473,281,848▼3.0% | $1,072,564,209▼3.2% | 990 |
| 2014 | $694,174,240▲2.8% | $642,747,399▼1.6% | $487,684,124▼3.2% | $1,107,547,852▼2.6% | 990 |
| 2013 | $675,472,034 | $653,391,732▼1.8% | $503,690,512▲12.6% | $1,136,872,750▲7.6% | 990 |
| 2012 | — | $665,223,181▼1.5% | $447,193,746▲15.7% | $1,056,851,839▲7.1% | 990 |
| 2011 | — | $675,290,008▲5.1% | $386,402,662▲6.5% | $987,213,169▲5.1% | 990 |
| 2010 | — | $642,643,499▲9.3% | $362,715,552▲22.2% | $939,337,117▲3.6% | 990 |
| 2009 | — | $588,055,012 | $296,851,218 | $906,473,724 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Chad Couch — $670,212 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Chad Couch | Pres/ceo Ne Mkt | 45 | $670,212 |
| James Price Md | Physician | 40 | $524,878 |
| Christopher Yeary Md | Physician | 40 | $503,814 |
| Rebecca Beck | Ceo Hvmc | 45 | $478,955 |
| John Morehead Md | Physician | 40 | $425,074 |
| Elie Nader Md | Physician | 40 | $420,525 |
| Brian Newberry Md | Physician | 40 | $364,935 |
| Bobbie Murphy | Regional Cno | 45 | $325,674 |
| Chris Miller | Coo Brmc | 45 | $312,807 |
| Robert Kennedy | Coo Hvmc | 45 | $269,410 |
| Alan Levine Bh Presceo | Director/chair | 1 | — |
| Andrew Wampler Bh Gen Cnsl | Former Officer | 1 | — |
| Dale Clark Ceo Scch | Former Ceo Wise County | 0 | — |
| Eric Deaton Bh Evpcoo | Director | 1 | — |
| John Jeter | Ceo Brmc/jmh | 23 | — |
| Julie Bennett Clogovnc Offcr | Director/secretary | 1 | — |
| Lisa Smithgall | Former Key Employee/cne | 0 | — |
| Lynn Krutak End June 2024 | Bh Evp/cfo | 1 | — |
| Marvin Eichorn Bh Evpcao | Director | 1 | — |
| Robert Bender | Cfo Brmc | 36 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Bristol Anesthesia Services PC | Anesthesiology Svcs | $4,532,640 |
| East Tennessee State University | Med Supp/gen Acad Svcs | $2,332,582 |
| Aya Healthcare Inc | Healthcare Staffing Svcs | $2,056,916 |
| Medical Solutions LLC | Healthcare Staffing Svcs | $1,872,745 |
| Trustaff Travel Nurses LLC | Healthcare Staffing Svcs | $1,778,369 |
Grants received · $127K total
2 grants to Wellmont Health System totaling $127K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Patient Access Network Foundation | Patient assistance | 2015 | $91,185 |
| Patient Access Network Foundation | Patient assistance | 2014 | $36,115 |
Grants made · $1.4M in FY2023
18 grants totaling $1.4M in FY2023 — showing the 15 largest. All grants made by Wellmont Health System →
| Recipient | Purpose | Amount |
|---|---|---|
| Milligan University | Sponsor health sciences simulation lab | $972,950 |
| Southwest Virginia Higher Education Center Foundation | Swva regional simulation lab for nursing & allied health | $100,000 |
| Southwest Virginia Comm College Fndtn | Swva diagnostic medical sonography program | $54,648 |
| Zoll Medical Corporation | Purchase monitors donated to local ems providers | $44,643 |
| Second Harvest Food Bank of Northeast Tennessee Inc | Program support | $25,000 |
| Rector & Visitors of the University of Virginia | Athletics program | $24,996 |
| Josie King Foundation Inc | Patient safety tools education | $20,000 |
| Virginia Breast Cancer Foundation | Program support | $20,000 |
| Emory & Henry University | Program support-college of nursing | $16,882 |
| Netvets Group | Program sponsor-veterans support | $15,000 |
| Bristol Tennessee City Schools | Sponsor power of play 5k | $10,000 |
| Kingsport Chamber Foundation | Program support-healthy kingsport | $10,000 |
| Barter Foundation Incorporated State Theatre of Virginia | Program support | $9,550 |
| Crossroads Medical Mission | Healthcare for underinsured & uninsured | $9,400 |
| Healing Hands Health Center Inc | Program support | $8,350 |
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Compare Wellmont Health System
Frequently asked questions
- Is Wellmont Health System a legitimate nonprofit?
- Yes. Wellmont Health System is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1636465, based in Johnson City, Tennessee.
- What is Wellmont Health System's EIN?
- Wellmont Health System's Employer Identification Number (EIN) is 62-1636465.
- How much revenue does Wellmont Health System report?
- Wellmont Health System reported $856,912,729 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Wellmont Health System's spending goes to programs?
- Wellmont Health System spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wellmont Health System have?
- CharityIndex grades Wellmont Health System A, based on program efficiency and fundraising cost.
- How much does Wellmont Health System's highest-paid employee make?
- The highest reported compensation on Wellmont Health System's latest Form 990 is $670,212, paid to Chad Couch (Pres/ceo Ne Mkt).
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Data for Wellmont Health System (EIN 62-1636465) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.