The mission of the organization is to improve the health of the people in our communities every day, with quality and compassion.
Key facts about Baystate Health Inc
In short: Baystate Health Inc gave $375K across 5 grants in 2024 (avg $75K), mostly in Massachusetts. Source: 2024 IRS Form 990 filing.
- EIN
- 04-2105941
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $375,000
- Grants made (2024)
- 5
- Average grant
- $75,000
- Median grant
- $30,000
- Total assets
- $260,600,991
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$260.6M
-18.8% YoY
Annual Giving
$375K
+4.2% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$75K
-16.7% YoY
How Baystate Health Inc gives
- Giving held roughly steady from 2021 to 2024 (−13%). Method
From the foundation's IRS Form 990 filings. Methodology.
About Baystate Health Inc
Based on IRS filings
Baystate Health Inc is a nonprofit organization focused on Health, based in Springfield, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $260.6M in total assets. In 2024, it awarded 5 grants totaling $375K. Net investment income was $8.0M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PUBLIC HEALTH INSTITUTE OF WESTERN MASSACHUSETTS Springfield, MA | TO ASSIST THE PUBLIC HEALTH INSTITUTE, FORMERLY PARTNERS FOR A HEALTHIER COMMUNITY, IN NARROWING THE GAP IN HEALTH DISPARITIES FOR SOME OF SPRINGFIELD'S MOST VULNERABLE CITIZENS, TO BE A SOURCE OF SUPPORT FOR BUILDING CIVIC LEADERS, CREATING STRATEGIES FOR CHANGE AND PROMOTING POLICY ACTIONS TO CREATE HEALTHIER COMMUNITIES. | $250,000 |
| BAYSTATE HEALTH FOUNDATION INC Springfield, MA | TO SUPPORT THE HEALTH SCIENCES LIBRARY | $65,000 |
| MASSACHUSETTS HEALTH POLICY FORUM Waltham, MA | TO IMPROVE HEALTH AND THE HEALTH CARE SYSTEM IN THE COMMONWEALTH OF MA BY CONVENING FORUMS AND PRESENTING THE HIGHEST QUALITY RESEARCH TO LEGISLATORS, STAKEHOLDERS AND THE PUBLIC. | $30,000 |
| PHYSICIAN HEALTH SERVICES INC Waltham, MA | TO ADDRESS ISSUES OF PHYSICIAN HEALTH, INCLUDING STRESS, BURNOUT, WORK / LIFE BALANCE AND A VARIETY OF PHYSICAL AND BEHAVIORAL HEALTH CONCERNS. | $15,000 |
| BAYSTATE MEDICAL CENTER INC Springfield, MA | TO PROMOTE POLICIES, PRACTICES, AND PROGRAMS THAT SUPPORT WOMEN'S ORGANIZATIONAL ADVANCEMENT AT BAYSTATE. | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $260,600,991 | $320,977,322 | $247,749,996 |
| Revenue | $27,341,162 | $28,034,230 | $11,532,257 |
| Expenses | $22,646,097 | $25,788,744 | $22,070,018 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,020,597 | $4,652,405 | $6,830,171 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Baystate Health Inc is led by Mark A. Keroack MD, Trustee, President & CEO - Bh since 2023 (on filings since 2020); 3 of 28 officers listed in 2024 are compensated.
Officers on the 2024 filing
Mark A. Keroack MD
Trustee, President & CEO - Bh
President, CEO & Trustee → Trustee, President & CEO - Bh, 2023
On filings since 2020
35 hrs/week
No compensation reported
Peter D. Banko
Trustee, President & CEO - Bh
New on the 2024 filing
35 hrs/week
No compensation reported
Harriet A. Deverry
Chair & Trustee
Trustee → Vice Chair & Trustee, 2021
Vice Chair & Trustee → Chair & Trustee, 2023
On filings since 2020
2 hrs/week
No compensation reported
Nicolas Jabbour MD
Trustee & Chair Dept. of Surgery
New on the 2024 filing
1 hr/week
No compensation reported
Akinyele K. Lovelace DO
Trustee & Per Diem Internist
Trustee → Trustee & Per Diem Internist, 2021
On filings since 2020
1 hr/week
$56K (2021) → $103K (2024)
Kevin P. Moriarty MD
Trustee & Chief Ped Surgery
On filings since 2020
1 hr/week
$666K (2020) → $773K (2024)
Sara Rourke MD
Trustee & Per Diem Urgent Care Physician
Trustee → Trustee & Per Diem Urgent Care Physcn, 2023
Trustee & Per Diem Urgent Care Physcn → Trustee & Per Diem Urgent Care Physician, 2024
On filings since 2022
1 hr/week
$7K (2022) → $31K (2024)
Claudia R. Coplein DO
Trustee
On filings since 2020
1 hr/week
No compensation reported
Colleen W. Holmes
Vice Chair & Trustee
Trustee → Vice Chair & Trustee, 2023
On filings since 2020
2 hrs/week
No compensation reported
Denise R. Jordan
Trustee
On filings since 2020
1 hr/week
No compensation reported
James R. Phaneuf
Trustee
On filings since 2020
1 hr/week
No compensation reported
Kristin R. Delaney
Clerk & Director Corp Governance
Clerk → Clerk & Director Corp Governance, 2023
On filings since 2020
34 hrs/week
No compensation reported
Maria P. Goncalves
Trustee
On filings since 2020
1 hr/week
No compensation reported
Paul C. Picknelly
Trustee
On filings since 2020
1 hr/week
No compensation reported
Paul R. Murphy
Trustee
On filings since 2020
1 hr/week
No compensation reported
Raymond McCarthy
Trustee, Senior Vice President, CFO & Treasurer Bh
Senior Vice President, Finance, CFO & Treasurer → Trustee, Senior Vice President, CFO & Treasurer Bh, 2023
On filings since 2020
10 hrs/week
No compensation reported
Robert J. Bacon
Trustee
Vice Chair → Chair, 2021
Chair → Trustee, 2023
On filings since 2020
1 hr/week
No compensation reported
William R. Webber
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Cardona
Trustee
On filings since 2022
1 hr/week
No compensation reported
Richard Bossie
Trustee
On filings since 2022
1 hr/week
No compensation reported
Ruth H. Constantine
Trustee
On filings since 2022
1 hr/week
No compensation reported
Antonio E. Dos Santos
Trustee
On filings since 2023
1 hr/week
No compensation reported
Irene Rodriguez-Martin
Trustee
On filings since 2023
1 hr/week
No compensation reported
Linda Thompson
Trustee
On filings since 2023
1 hr/week
No compensation reported
Mark A. O'Connell
Trustee
On filings since 2023
1 hr/week
No compensation reported
Julie Quink
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Madeline Landrau
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Nancy Remillard
Assistant Clerk of the Corporate
Assistant Clerk → Assistant Clerk of the Corporate, 2023
On filings since 2020
1 hr/week
No compensation reported
Former officers (10)
- Former: John F. Maybury (2020–2023) — Trustee
- Former: Kathleen B. Scoble (2020–2023) — Trustee
- Former: Edward J. Noonan (2020–2022) — Trustee
- Former: Gregory L. Braden MD (2020–2022) — Trustee
- Former: Irene Rodriguez Martin (2020–2022) — Trustee
- Former: Adrian J Levsky (2020–2021) — Trustee
- Former: Anne M Paradis (2020–2021) — Trustee
- Former: Dennis W Chalke (2020–2021) — Former Treasurer
- Former: Hector F Toledo (2020–2021) — Trustee
- Former: Melissa D Cragg (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
Frequently asked questions about Baystate Health Inc
How much does Baystate Health Inc give each year?
Baystate Health Inc gave $375K across 5 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $360K across 4 grants.
What is Baystate Health Inc's typical grant size?
Baystate Health Inc's median grant in 2024 was $30,000, and its average grant was $75,000, across 5 grants on its 2024 IRS Form 990 filing.
Where does Baystate Health Inc give grants?
Baystate Health Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Springfield, MA (3 grants) and Waltham, MA (2 grants).
Does Baystate Health Inc give general operating support?
Not in 2024: none of the 5 grants with a stated purpose on Baystate Health Inc's 2024 IRS Form 990 filing were described as general or operating support.
Who are Baystate Health Inc's largest grantees?
Baystate Health Inc's largest 2024 grantees include Public Health Institute of Western Massachusetts ($250,000), Baystate Health Foundation Inc ($65,000) and Massachusetts Health Policy Forum ($30,000), according to its 2024 IRS Form 990 filing. Together they received 92% of its itemized 2024 grant dollars.
How large is Baystate Health Inc?
Baystate Health Inc reported $260.6M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $27.3M.
What is Baystate Health Inc?
Baystate Health Inc is a nonprofit organization focused on Health, based in Springfield, MA. It holds $260.6M in total assets as of 2024.
What is Baystate Health Inc's EIN?
Baystate Health Inc's EIN (Employer Identification Number) is 04-2105941. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Baystate Health Inc by hand.
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