Overview
What is Baystate Administrative Services Inc?
Baystate Administrative Services Inc, located at 759 Chestnut Street, Springfield, Massachusetts, serves as a vital support system for Baystate Health and its affiliates. With a team of 611 employees, they offer comprehensive management and administrative services, enhancing the functionality of the healthcare delivery system. Their extensive scope of work includes strategic planning, human resources, risk management programs, marketing, financial services, and benefit plans administration for all healthcare system employees. Dedicated to improving community health with quality and compassion, Baystate Administrative Services Inc plays a crucial role in the daily betterment of people's lives.
Official website here: www.baystatehealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Baystate Administrative Services Inc has received a two-star rating from Charity Navigator, indicating a need for improvement. With an overall score of 66%, the organization shows strengths in financial accountability and program expense ratio, reflecting a significant commitment to its mission-driven activities. However, the lack of independent board members is a notable concern, as this can impact the organization's governance and transparency.
The organization demonstrates good practices in audit and oversight with full marks in financial statements and conflict of interest policies. Additionally, it has a documented whistleblower policy and maintains records of board meeting minutes. These elements indicate a structured approach to governance, even though transparency could be further enhanced by posting its tax forms online.
On the downside, the liabilities to assets ratio is concerning at 157.19%, suggesting potential financial instability. Overall, while Baystate Administrative Services Inc excels in certain areas and maintains a solid program expense ratio, it must address its governance structure and financial management practices to improve its standing and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Baystate Administrative Services Inc legitimate?
Baystate Administrative Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baystate Administrative Services 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: $10,551,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,672,767
For more financial information, click here
Official website here: www.baystatehealth.org
What is the mission statement of Baystate Administrative Services Inc?
Baystate Administrative Services Inc is dedicated to enhancing the health and well-being of communities every day. Through their mission, they aim to deliver quality and compassionate services to support the healthcare system in achieving this goal. Their role is integral to the healthcare delivery system, providing essential management and administrative support to Baystate Health and its affiliates. Services offered include strategic planning, human resources, risk management programs, marketing, financial services, and benefit plans administration for all healthcare system employees.
Official website here: www.baystatehealth.org
Who is the CEO of Baystate Administrative Services Inc?
Mark A Keroack Md is the CEO of Baystate Administrative Services Inc The CEO's salary of Baystate Administrative Services Inc is $2,590,235 and their total compensation is $2,632,878.
Official website here: www.baystatehealth.org
What is the revenue of Baystate Administrative Services Inc?
Baystate Administrative Services Inc's revenue in 2023 was $176,813,133.
Official website here: www.baystatehealth.org
Who are the executives of Baystate Administrative Services Inc and what are their salaries?
The average compensation at Baystate Administrative Services Inc during 2023 was $108,739. There are 655 employees at Baystate Administrative Services Inc.
Here are 17 key members and their salaries (Baystate Administrative Services Inc's CEO's salary is $2,590,235 and their total compensation is $2,632,878):
- Compensation: $3,024,136
- Related: $0
- Other: $61,001
- Compensation: $2,590,235
- Related: $0
- Other: $42,643
- Compensation: $1,243,342
- Related: $0
- Other: $38,549
- Compensation: $1,132,360
- Related: $0
- Other: $27,717
- Compensation: $807,143
- Related: $0
- Other: $35,806
- Compensation: $791,800
- Related: $0
- Other: $43,492
- Compensation: $171,356
- Related: $0
- Other: $48,217
- Compensation: $60,294
- Related: $0
- Other: $12,442
- Compensation: $365,492
- Related: $0
- Other: $55,402
- Compensation: $809,522
- Related: $0
- Other: $50,714
- Compensation: $617,217
- Related: $0
- Other: $46,111
- Compensation: $539,761
- Related: $0
- Other: $64,834
- Compensation: $438,331
- Related: $0
- Other: $43,885
- Compensation: $419,930
- Related: $0
- Other: $49,052
- Compensation: $418,391
- Related: $0
- Other: $38,346
- Compensation: $103,097
- Related: $0
- Other: $7,402
- Compensation: $445,058
- Related: $0
- Other: $5,800
Official website here: www.baystatehealth.org
Where can I find the form 990 for Baystate Administrative Services Inc?
Baystate Administrative Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.baystatehealth.org
Learn more at the official website: www.baystatehealth.org
Mission Statement of Baystate Administrative Services Inc
Baystate Administrative Services, a key player in the healthcare sector, is dedicated to enhancing the health and wellbeing of communities daily with a commitment to quality and compassion. The organization's primary role is to offer vital management and administrative support to Baystate Health and its affiliates. This essential function is an integral component of the healthcare delivery system, encompassing strategic planning, human resources, risk management, marketing, financial services, and benefit plans administration for all healthcare system employees. By providing these services, Baystate Administrative Services ensures the smooth operation and efficiency of the healthcare system, ultimately contributing to improved health outcomes for the people it serves.
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Impact
October, 2024
Baystate Administrative Services Inc plays a crucial role in enhancing community health by providing essential management and administrative support to Baystate Health and its affiliates. By coordinating strategic planning, human resources, risk management, marketing, and financial services, the organization ensures that healthcare delivery runs smoothly and efficiently.
The impact of Baystate Administrative Services can be seen in its commitment to improving community health, as it focuses on quality and compassion in every aspect of its operations. The services provided are fundamental in strengthening the overall healthcare system, enabling healthcare professionals to deliver better patient care. For instance, effective human resources and risk management systems contribute to a healthier work environment for employees, which in turn reflects positively on patient interactions.
Furthermore, through its financial services and benefit plans administration, the organization enhances the well-being of health system employees, ensuring they have access to necessary resources and support. This approach not only fosters a healthier workforce but also improves the quality of care patients receive.
Overall, Baystate Administrative Services Inc significantly impacts the health and well-being of individuals in the community through its comprehensive support and dedication to high-quality healthcare delivery.
This information is meant to be a general summary of Baystate Administrative Services 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $553,709
- Program Service Revenue: $173,393,977
- Gross Receipts: $176,922,345
Assets and Liabilities:
- Total Assets: $43,589,563
- Total Liabilities: $73,612,570
- Net Assets: -$30,023,007
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATE SUPPORT
Revenue
$173,393,977
Organization Details
Founding Year
1986
Principal Officer
Raymond Mccarthy
Website
www.baystatehealth.orgNTEE Category
Code: E210 - Health
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