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Baystate Health Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042105941 ✦ Springfield, MA ✦ Designated as a 501(c)(3)

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Overview

What is Baystate Health Inc?

Baystate Health Inc, headquartered in Springfield, Massachusetts, is a leading integrated healthcare delivery system. Its mission is to enhance the health of local communities with compassion and quality. The organization supports various strategic initiatives, research and education, and community health development activities, primarily funded by Baystate Health Inc's board-designated funds. Notably, Baystate Medical Center, the largest hospital in the system, offers tertiary care and serves as a trauma center in the region. Other facilities within Baystate Health Inc include Baystate Franklin Medical Center, Baystate Wing Hospital Corporation, Baystate Total Home Care, Baystate Noble Hospital, Baystate Medical Practices, Visiting Nurse Association and Hospice of Western New England, Health New England, and Baystate Administrative Services. Each of these entities contributes to the organization's goal of improving health care in the community.


Official website here: www.baystatehealth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 87% - Three-Star out of Four Star Rating

Baystate Health Inc has received a Three-Star rating from Charity Navigator, reflecting its strong financial health and accountability. The organization boasts an impressive Accountability & Finance Score of 87, with notable strengths in its independent board membership and comprehensive financial oversight practices. The organization adheres to important governance policies, including conflict of interest and whistleblower policies, which are well-documented and in place.

However, user feedback from platforms like Great Nonprofits presents a contrasting view. A volunteer expressed dissatisfaction with the organization’s management, criticizing the CEO’s high salary alongside staff layoffs and service cuts. This highlights potential concerns regarding the prioritization of operational efficiency over the quality of healthcare services provided, suggesting a disconnect between financial performance and community impact.

Overall, while Baystate Health Inc demonstrates strong governance and financial practices, user reviews signal important areas for improvement, particularly in how organizational decisions affect service quality and staff morale. These insights may be valuable for potential donors and community members engaging with the nonprofit.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Baystate Health Inc legitimate?

Baystate Health Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baystate Health Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $444,654

For more financial information, click here


Official website here: www.baystatehealth.org

What is the mission statement of Baystate Health Inc?

Baystate Health Inc's mission is centered around improving the health of communities every day, emphasizing quality and compassion. The organization supports various initiatives, including research and education, and provides funding for community health, development, and outreach activities. The primary recipient of these funds is usually a designated entity within the Baystate Health system. Baystate Health includes several facilities such as hospitals and medical practices, each dedicated to providing healthcare services to their respective communities. One of its subsidiaries, the Visiting Nurse Association and Hospice of Western New England, focuses on home health care, delivering high-quality services primarily within the home setting. Baystate Health Foundation is another subsidiary, raising funds for healthcare-related activities to support the organization and its tax-exempt, not-for-profit affiliates.


Official website here: www.baystatehealth.org

Who is the CEO of Baystate Health Inc?

Raymond Mccarthy is the President, Ceo & Trustee of Baystate Health Inc. The CEO's salary of Baystate Health Inc is $0 and their total compensation is $2,343,812.


Official website here: www.baystatehealth.org

What is the revenue of Baystate Health Inc?

Baystate Health Inc's revenue in 2022 was $11,532,257.


Official website here: www.baystatehealth.org

Who are the executives of Baystate Health Inc and what are their salaries?

There 19 volunteers at Baystate Health Inc.


Here are 25 key members and their salaries (Baystate Health Inc's CEO's salary is $0 and their total compensation is $2,343,812):


Mark A Keroack Md (President, Ceo & Trustee)
  • Compensation: $0
  • Related: $2,310,853
  • Other: $32,959
Kevin P Moriarty Md (Trustee/Chief Ped Surgery)
  • Compensation: $723,929
  • Related: $0
  • Other: $40,494
Akinyele K Lovelace Do (Trustee/ Per Diem Internist)
  • Compensation: $63,420
  • Related: $0
  • Other: $951
Sara Rourke Md (Trustee (As Of 1/1/2022))
  • Compensation: $7,025
  • Related: $0
  • Other: $105
Robert J Bacon (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claudia R Coplein Do (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen W Holmes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise R Jordan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward J Noonan (Trustee (Thru 12/31/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Cardona (Trustee (As Of 1/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory L Braden Md (Trustee (Thru 12/31/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Harriet A Deverry (Vice Chair/ Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irene Rodriguez Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Phaneuf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John F Maybury (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen B Scoble (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria P Goncalves (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul C Picknelly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul R Murphy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bossie (Trustee (As Of 1/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth H Constantine (Trustee (As Of 2/8/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
William R Webber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Mccarthy (Svp, Finance, Cfo & Treasurer)
  • Compensation: $0
  • Related: $1,045,794
  • Other: $26,405
Kristin R Delaney (Clerk)
  • Compensation: $0
  • Related: $168,920
  • Other: $42,432
Nancy Remillard (Assistant Clerk)
  • Compensation: $0
  • Related: $60,157
  • Other: $12,044


Official website here: www.baystatehealth.org

Where can I find the form 990 for Baystate Health Inc?

Baystate Health Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.baystatehealth.org

Learn more at the official website: www.baystatehealth.org

Mission Statement of Baystate Health Inc

Baystate Health Inc, a renowned nonprofit organization, is committed to improving the health of the communities it serves every day, demonstrating a strong sense of compassion and quality in its approach. The mission of this organization is to enhance the well-being of the people it serves, striving for excellence in every aspect of its operations. Baystate Health Inc supports various initiatives, including funding for research and education, community health development, and outreach activities. It plays a significant role in promoting health and wellness in the communities it serves. The organization's efforts are primarily funded through Baystate Health Inc board-designated funds.

Beyond its mission statement, Baystate Health Inc operates several healthcare facilities, each providing essential services to its respective communities. Baystate Medical Center, the largest hospital in the Baystate Health System, serves as a tertiary care referral medical center and Level I trauma center in the region. It offers an extensive range of services, including neonatal and pediatric intensive care units, making it a vital resource for the community. Other facilities under Baystate Health Inc's umbrella include Baystate Franklin Medical Center, Baystate Wing Hospital Corporation, Baystate Total Home Care, Baystate Noble Hospital, Baystate Medical Practices, Visiting Nurse Association and Hospice of Western New England, Health New England, Baystate Administrative Services, Baystate Health Foundation, Ingraham Corporation, and Baystate Health Insurance Company, each playing a unique role in delivering comprehensive healthcare services.

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Impact




July, 2024

Baystate Health Inc's impact is significant in improving the health of the people in its communities every day with quality and compassion. Through its integrated health care delivery system, Baystate Health provides funding for strategic initiatives, research and education programs, and community health development and outreach activities.

Baystate Health includes several hospitals such as Baystate Medical Center, the largest in the system and a tertiary care referral medical center with specialized care units. Additionally, Baystate Franklin Medical Center, Baystate Wing Hospital Corporation, and Baystate Noble Hospital provide acute care services to their specific regions.

The organization also supports Baystate Total Home Care, Baystate Medical Practices, Visiting Nurse Association and Hospice of Western New England, Health New England, and other subsidiaries dedicated to providing comprehensive healthcare services to the community. Baystate Health's impact extends beyond hospital walls, reaching individuals in their homes with high-quality care.

Overall, Baystate Health Inc plays a crucial role in promoting health and well-being, supporting research and education, and enhancing the quality of life for individuals in its service areas.




This information is meant to be a general summary of Baystate Health Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,532,257 (2022)
Expenses
$22,070,018 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,830,171
  • Program Service Revenue: -$10,066,885
  • Gross Receipts: $36,455,975

Assets and Liabilities:

  • Total Assets: $247,749,996
  • Total Liabilities: $140,696,104
  • Net Assets: $107,053,892

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PREMIER INVEST INCOME

Revenue

$2,476,994

BHIC E&P UBIT

Revenue

$748,871

MD DUES/FEES

Revenue

$566,935

CPIP ADMIN REVENUE

Revenue

$305,000

INTERCOMPANY RENT

Revenue

$300,971

Organization Details

Founding Year

1983

Principal Officer

Raymond Mccarthy

Main Address

759 CHESTNUT STREET, SPRINGFIELD, MA, 01199

NTEE Category

Code: E210 - Health

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