Holyoke Health Center Inc

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

EIN: 042492730 ✦ Holyoke, MA ✦ Designated as a 501(c)(3)

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Overview

What is Holyoke Health Center Inc?

Holyoke Health Center Inc, located at 230 Maple Street in Holyoke, Massachusetts (01040), is a nonprofit organization dedicated to enhancing the health of its local community. The center offers clinical medical, dental, and related services and is home to a full-service pharmacy. Holyoke Health Center Inc can purchase prescription medications at discounted rates through special federal funding and uses these savings to support various patient and prescription programs. The mission of this organization is to provide quality healthcare and foster comprehensive community-based programs aimed at creating a healthier community. The organization employs 448 individuals.


Official website here: www.hhcinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Holyoke Health Center Inc has received a Four-Star rating from Charity Navigator, reflecting an impressive score of 96%. This high rating is primarily derived from its strong performance in Accountability & Finance metrics, which indicates a commitment to transparency and responsible financial management. The charity scored exceptionally well in various accountability metrics, including having a fully independent board and robust financial oversight.

The organization boasts a fully independent board with eight members, as well as an appropriate board size, which contributes to its effective governance. Furthermore, the absence of material asset diversions and the presence of comprehensive policies regarding conflicts of interest and whistleblowing highlight its dedication to ethical practices. Financially, the charity maintains a strong program expense ratio of 76.92%, ensuring that a significant portion of its funds are directed towards its mission.

While Holyoke Health Center Inc shows remarkable strengths in governance and financial practices, the summary does not mention any specific areas for improvement. Overall, the organization appears to be a well-managed nonprofit with a solid foundation of accountability and financial health.


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

Is Holyoke Health Center Inc legitimate?

Holyoke Health Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holyoke Health Center 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: $1,074,236
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,189,027

For more financial information, click here


Official website here: www.hhcinc.org

What is the mission statement of Holyoke Health Center Inc?

The Holyoke Health Center is dedicated to enhancing the health of its patients by delivering top-quality healthcare and supporting community-based programs. The organization goes beyond medical and dental services, offering a full-service pharmacy that helps patients obtain necessary medications at discounted rates. These savings are utilised to fund various patient and prescription programs. The mission of the Holyoke Health Center is to foster a healthy community by providing comprehensive healthcare services and initiatives.


Official website here: www.hhcinc.org

Who is the CEO of Holyoke Health Center Inc?

Alejandro Esparza Perez is the Orthodontist of Holyoke Health Center Inc. The CEO's salary of Holyoke Health Center Inc is $293,258 and their total compensation is $297,805.


Official website here: www.hhcinc.org

What is the revenue of Holyoke Health Center Inc?

Holyoke Health Center Inc's revenue in 2022 was $68,572,566.


Official website here: www.hhcinc.org

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

The average compensation at Holyoke Health Center Inc during 2022 was $58,623. There are 448 employees and 10 volunteers at Holyoke Health Center Inc.


Here are 20 key members and their salaries (Holyoke Health Center Inc's CEO's salary is $293,258 and their total compensation is $297,805):


Ana Serrenho (Orthodontist)
  • Compensation: $308,001
  • Related: $0
  • Other: $10,903
Jay Breines (Ceo)
  • Compensation: $293,258
  • Related: $0
  • Other: $4,547
Alejandro Esparza Perez (Cmo)
  • Compensation: $286,515
  • Related: $0
  • Other: $9,510
Thevenin Carl-Henry Beauzile (Provider)
  • Compensation: $232,576
  • Related: $0
  • Other: $12,241
Elias Name (Provider)
  • Compensation: $230,309
  • Related: $0
  • Other: $12,241
Monica Liao Chang (Provider)
  • Compensation: $224,555
  • Related: $0
  • Other: $10,903
Maria Barciona (Provider)
  • Compensation: $219,549
  • Related: $0
  • Other: $9,510
Lori Lewicki (Cpo)
  • Compensation: $175,992
  • Related: $0
  • Other: $4,547
Marlo Connor (Coo End 04/22)
  • Compensation: $155,168
  • Related: $0
  • Other: $0
Regina Bok (Cfo)
  • Compensation: $140,152
  • Related: $0
  • Other: $4,547
Benjamin Cartagena (Chair; Vice-Chair Beg 01/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Lozano (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Urbina (Board Member; Chair Beg 01/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Montalvo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Swinney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Bowler (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Pagan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Moriarty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafael Rodriguez (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Macgrath (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hhcinc.org

Where can I find the form 990 for Holyoke Health Center Inc?

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


Official website here: www.hhcinc.org

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

Mission Statement of Holyoke Health Center Inc

Holyoke Health Center Inc, a dedicated nonprofit organization, is committed to enhancing the health of its patients by delivering top-notch healthcare services and supporting comprehensive community programs. The mission of this center is geared towards creating a healthy community.

The heart of Holyoke Health Center Inc's operations lies in providing clinical medical, dental, and related services to individuals in the surrounding area. By doing so, the organization aims to address the healthcare needs of its community members directly. In addition to its clinical offerings, the center boasts an on-site full-service pharmacy, enabling it to help patients obtain the medications they require. Holyoke Health Center Inc is able to purchase prescription medications at a discount due to special funding from the federal government. These savings are then channeled into various patient and prescription programs, further enhancing the organization's ability to support its patient base.

Holyoke Health Center Inc goes beyond merely providing healthcare services. It is deeply invested in the wellbeing of its patients and the community at large. To that end, the center supports a variety of programs designed to foster a healthy community. These initiatives aim to improve access to healthcare, address social determinants of health, and promote overall health and wellness. By combining excellent healthcare services with community-based programs, Holyoke Health Center Inc is making a significant impact on the health of its patients and the community they serve.

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Impact




October, 2024

Holyoke Health Center Inc significantly enhances the well-being of individuals in the Holyoke community through its comprehensive clinical medical and dental services. By offering these services, the center ensures that critical healthcare needs are met for local residents, fostering a healthier population.

The facility features an on-site full-service pharmacy, which plays a vital role in patient care. Its ability to purchase prescription medications at a discounted rate, thanks to special federal funding, allows the center to provide vital medications to patients at lower costs. This financial relief enables many individuals who might otherwise struggle to afford their prescriptions to receive the medications necessary for their health.

Moreover, Holyoke Health Center Inc is dedicated to not only treating immediate health concerns but also to supporting a variety of patient and prescription programs. This holistic approach contributes to the overall health of the community by addressing both medical needs and broader health-related issues. Through its commitment to quality healthcare and community-based programs, the center creates a healthier, more resilient community in Holyoke, Massachusetts.




This information is meant to be a general summary of Holyoke Health Center 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
$68,572,566 (2022)
Expenses
$56,787,946 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,884
  • Program Service Revenue: $51,257,372
  • Gross Receipts: $68,572,566

Assets and Liabilities:

  • Total Assets: $41,450,034
  • Total Liabilities: $18,044,407
  • Net Assets: $23,405,627

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Programs

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

NET PATIENT SERVICE REVENUE

Revenue

$21,559,376

PHARMACY REVENUE

Revenue

$27,382,508

DSRIP / EHR INCENTIVE REVENUE

Revenue

$991,581

COST POOL SAVINGS

Revenue

$468,242

OTHER REVENUE

Revenue

$855,665

Organization Details

Founding Year

1971

Principal Officer

Alejandro Esparza Perez

Main Address

230 MAPLE STREET, HOLYOKE, MA, 01040

NTEE Category

Code: E30 - Health

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