Baystate Health Inc logo

Baystate Health Inc

Foundation · Grantmaker Springfield, MA EIN: 04-2105941 Website

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

1state

Share of all 5 itemized 2024 grant dollars.

Cities

SpringfieldWalthamWestfieldBoston

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K5 grants20205 grants20213 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Public Health Institute of Western Massachusetts: $250KPublic Health Institute ofWestern Massachusetts$250KBaystate Health Foundation Inc: $65KBaystate Health Foundation Inc$65KMassachusetts Health Policy Forum: $30KMassachusetts Health PolicyForum$30KPhysician Health Services Inc: $15KPhysician Health Services Inc$15KBaystate Medical Center Inc: $15KBaystate Medical Center Inc$15K

Grant Size Distribution

22 grants across all recorded years

12<$50K4$50–100K1$100–250K5$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
PUBLIC HEALTH INSTITUTE OF WESTERN MASSACHUSETTS Springfield, MATO 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, MATO SUPPORT THE HEALTH SCIENCES LIBRARY$65,000
MASSACHUSETTS HEALTH POLICY FORUM Waltham, MATO 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, MATO 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, MATO PROMOTE POLICIES, PRACTICES, AND PROGRAMS THAT SUPPORT WOMEN'S ORGANIZATIONAL ADVANCEMENT AT BAYSTATE.$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M20202021202220232024
Metric202420232022
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

  1. 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

Kevin P Moriarty MD — Trustee (Thru 12/31/23)/Chief Ped Surgery: $773KKevin P Moriarty MDTrustee (Thru 12/31/23)/Chief…$773KAkinyele K Lovelace Do — Trustee/Per Diem Internist: $103KAkinyele K Lovelace DoTrustee/Per Diem Internist$103KSara Rourke MD — Trustee/Per Diem Urgent Care Physician: $31KSara Rourke MDTrustee/Per Diem Urgent Care…$31K

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.

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