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Baystate Medical Center Inc

SPRINGFIELD, MA EIN: 04-2790311 Website

THE MISSION OF THE ORGANIZATION IS TO IMPROVE THE HEALTH OF THE PEOPLE IN OUR COMMUNITIES EVERY DAY, WITH QUALITY AND COMPASSION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7B

+3.8% YoY

Annual Giving

$8.9M

-30.2% YoY

Grant Count

22

+633.3% YoY

Avg Grant Size

$403K

-90.5% YoY

About Baystate Medical Center Inc

Based on IRS filings

Baystate Medical Center 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 $1.7B in total assets. In 2024, it awarded 22 grants totaling $8.9M. Net investment income was $16.9M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

ChicopeeGreenfieldHolyokeNorthamptonSpringfieldTurners FallsWareWest SpringfieldWestfieldWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$499M$998M$1.5B$2.0B20202021202220232024
Metric202420232022
Total Assets$1,668,673,390$1,607,948,248$1,548,788,530
Revenue$1,815,067,023$1,753,545,483$1,716,317,740
Expenses$1,771,546,779$1,733,861,517$1,677,994,961
Qualifying Distributions
Net Investment Income$16,948,656$7,750,622$117,865,107
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6M$12M$18M$23M7 grants20201 grants20212 grants20223 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BAYSTATE HEALTH$7.8MCOMMUNITY ADOLESCENT RES…$200KTOWN OF WARE$134KWESTFIELD STATE UNIVERSITY$130KPUBLIC HEALTH INSTITUTE …$100KPUBLIC HEALTH INSTITUTE …$90KMONTAGUE CATHOLIC SOCIAL…$75KNEW NORTH CITIZENS' COUN…$46KCOMMUNITY ADOLESCENT RES…$40KTHE FOOD BANK OF WESTERN…$35K

Grant Size Distribution

35 grants across all recorded years

24<$50K2$50–100K4$100–250K$250–500K$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Baystate Health ($7,797,644), Community Adolescent Resource and Education Center Inc ($200,000), Town of Ware ($134,000).

RecipientPurposeAmount
BAYSTATE HEALTH SPRINGFIELD, MASTRATEGIC INITIATIVES$7,797,644
CHD CANCER HOUSE OF HOPE INC WEST SPRINGFIELD, MAFUNDING EXPENSES OF THE MOST WELL-ATTENDED CHH PROGRAMMING UTILIZED BY WOMEN WITH BREAST CANCER$9,000
YMCA OF GREATER SPRINGFIELD SPRINGFIELD, MAFUNDING PARTICIPATION FOR BREAST CANCER SURVIVORS IN THE LIVESTRONG PROGRAM. LIVESTRONG AT THE Y IS A 12-WEEK EXERCISE PROGRAM FOR ADULT CANCER SURVIVORS IN ANY STAGE OF THEIR SURVIVORSHIP JOURNEY. THIS PROGRAM HELPS BUILD STRENGTH, ENDURANCE, FLEXIBILITY AND BALANCE TO HELP CANCER SURVIVORS GET STRONGER, FEEL BETTER AND GET BACK TO WHERE THEY WANT TO BE. THE GROUP SETTING PROVIDES CONNECTIONS WITH OTHER CANCER SURVIVORS, WHICH CAN BE EQUALLY IMPORTANT AS THE PHYSICAL COMPONENT.$14,384
PARADISE CITY DRAGON BOAT NORTHAMPTON, MARAYS OF HOPE AWARD VIA OUR COMMUNITY GRANT PROGRAM TO SUPPORT SURVIVORS IN THE COMMUNITY$8,482
PIONEER VALLEY RIVERFRONT CLUB SPRINGFIELD, MARAYS OF HOPE AWARD VIA OUR COMMUNITY GRANT PROGRAM TO SUPPORT SURVIVORS IN THE COMMUNITY$8,762
COMMUNITY ADOLESCENT RESOURCE AND EDUCATION CENTER INC HOLYOKE, MABETTER TOGETHER COMMUNITY BENEFITS GRANT FOR CABOT STREET COLLEGE, IN PARTNERSHIP WITH GREENFIELD COMMUNITY COLLEGE, OFFERING A YEAR-ROUND SERIES OF THREE-CREDIT COLLEGE COURSES.$200,000
WESTFIELD STATE UNIVERSITY WESTFIELD, MABETTER TOGETHER COMMUNITY BENEFITS GRANT FOR HEALTHCARE CAREER NAVIGATOR INITIATIVE$130,490
PUBLIC HEALTH INSTITUTE OF WESTERN MASSACHUSETTS SPRINGFIELD, MACOMMUNITY BENEFIT GRANT TO SUPPORT 413CARES (ONLINE COMMUNITY RESOURCE DATABASE)$100,000
TOWN OF WARE WARE, MABETTER TOGETHER COMMUNITY BENEFITS GRANT FOR QUABOAG REGION ENGAGING YOUTH IN EDUCATION TO EMPLOYMENT INITIATIVE$134,000
MONTAGUE CATHOLIC SOCIAL MINISTRIES TURNERS FALLS, MABETTER TOGETHER COMMUNITY BENEFITS GRANT FOR DIRECTOR OF POLICY, ADVOCACY AND DEVELOPMENT$75,366

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KEVIN P MORIARTY MDTRUSTEE (THRU 12/31/23)/CHIE…$773KWAYNE DUKE MDTRUSTEE/ASSOCIATE PATHOLOGIST$518KPETER FRIEDMANN MDASSOC DEAN CHIEF RES OFFICER$479KPETER LINDENAUER MDASST DEAN POPULATION HEALTH$463KJASMINE J PAADAM MDCIS PHYSICIAN LEADER$351KCHRISTIAN LAGIERVP DIGITAL INNOVATION/EXEC D…$325KAARON J MICHELUCCIVP CLINICAL SUPPORT SERVICES$303KAKINYELE K LOVELACE DOTRUSTEE/PER DIEM INTERNIST$103KSARA ROURKE MDTRUSTEE/PER DIEM URGENT CARE…$31K

From 2024 filing

NameTitleHoursCompensation
MARK A KEROACK MDTRUSTEE (THRU 6/3/24)/PRESIDENT & CEO - BH1
NICOLAS JABBOUR MDTRUSTEE (AS OF 1/1/24)/CHAIR DEPT. OF SURGERY1
KEVIN P MORIARTY MDTRUSTEE (THRU 12/31/23)/CHIEF PED SURGERY1$772,803
WAYNE DUKE MDTRUSTEE/ASSOCIATE PATHOLOGIST50$517,957
AKINYELE K LOVELACE DOTRUSTEE/PER DIEM INTERNIST1$102,600
SARA ROURKE MDTRUSTEE/PER DIEM URGENT CARE PHYSICIAN1$31,250
COLLEEN W HOLMESVICE CHAIR/TRUSTEE1
HARRIET A DEVERRYCHAIR/TRUSTEE1
PETER D BANKOTRUSTEE (AS OF 6/4/24)/PRESIDENT & CEO - BH1
ANTONIO E DOS SANTOSTRUSTEE1
CLAUDIA R COPLEIN DOTRUSTEE1
DENISE R JORDANTRUSTEE1
ELIZABETH CARDONATRUSTEE (THRU 12/31/23)1
IRENE RODRIGUEZ-MARTINTRUSTEE1
JAMES R PHANEUFTRUSTEE (THRU 12/31/23)1
JULIE QUINKTRUSTEE (AS OF 1/1/24)1
LINDA THOMPSONTRUSTEE1
MADELINE LANDRAUTRUSTEE (AS OF 1/1/24)1
MARIA P GONCALVESTRUSTEE1
MARK A O'CONNELLTRUSTEE1
PAUL C PICKNELLYTRUSTEE1
PAUL R MURPHYTRUSTEE (THRU 12/31/23)1
RICHARD BOSSIETRUSTEE1
ROBERT J BACONTRUSTEE1
RUTH H CONSTANTINETRUSTEE1
WILLIAM R WEBBERTRUSTEE1
RAYMOND MCCARTHYTRUSTEE/SVP, CFO & TREASURER BH10
SAMUEL SKURATRUSTEE/PRES BMC SVP48
KRISTIN R DELANEYCLERK/DIR CORP GOVERNANCE1
NANCY REMILLARDASST. CLERK OF THE CORP1
DOUGLAS SALVADOR MDSVP/CQO BH, CMO BMC40
JOANNE MILLERVP/CHIEF NURSING OFFICER50
PETER FRIEDMANN MDASSOC DEAN CHIEF RES OFFICER50$479,261
PETER LINDENAUER MDASST DEAN POPULATION HEALTH50$463,358
JASMINE J PAADAM MDCIS PHYSICIAN LEADER50$351,046
CHRISTIAN LAGIERVP DIGITAL INNOVATION/EXEC DIR OF TECHSPRING50$324,703
AARON J MICHELUCCIVP CLINICAL SUPPORT SERVICES50$303,464
MARION MCGOWANFORMER DIRECTOR/EVP, COO-BH

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Baystate Medical Center Inc?

Baystate Medical Center Inc is a nonprofit organization focused on Health, based in SPRINGFIELD, MA. It holds $1.7B in total assets as of 2024.

How large is Baystate Medical Center Inc?

As of 2024, Baystate Medical Center Inc holds $1.7B in total assets with $1.8B in annual revenue. It awarded 22 grants totaling $8.9M in 2024.

Where does Baystate Medical Center Inc operate?

Baystate Medical Center Inc has awarded grants in Massachusetts.

What size grants does Baystate Medical Center Inc award?

In 2024, Baystate Medical Center Inc awarded 22 grants totaling $8.9M — an average of about $403K per grant, based on its IRS Form 990 filings.

What is Baystate Medical Center Inc's EIN?

Baystate Medical Center Inc's EIN (Employer Identification Number) is 04-2790311. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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