Health New England Inc
Health New England Inc. is a public charity based in Springfield, Massachusetts, and a regional not-for-profit health plan serving members in central and western Massachusetts and parts of Connecticut. It is a wholly owned subsidiary of Baystate Health. Its community giving supports local organizations and initiatives intended to improve health and quality of life in the communities it serves.
Health New England Inc at a glance
In short: Health New England Inc gave $360K across 10 grants in 2024 (avg $36K), mostly in Massachusetts. 20% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $360,000
- -6.0% vs 2023
- Grants made (2024)
- 10
- -41.2% vs 2023
- Average grant
- $36,000
- +59.8% vs 2023
- Median grant
- $50,000
- Total assets
- $294,149,482
- -0.5% vs 2023
- New grantees (estimate)
- 20% first-time grantees (2 of 10, 2024; small sample)
- Primary geography
- Massachusetts (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Health New England Inc
- How to Apply
-
The website describes the Health Equity Mini Grant and sponsorship request processes. Sponsorship requests must use the online request form and include a current, signed W-9. The Health Equity Mini Grant requires an organization to be a registered 501(c)(3) nonprofit and to serve communities in the listed service area.
- Contact
Mailing address: One Monarch Place 1500, Springfield, MA 01144-1500
Phone: (413) 787-4000
Website: https://healthnewengland.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Health New England Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Care Center ($50K). Together the top 10 received $360K.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was under $50K: 46 grants of 72 (64%).
Geographic Focus
Where this funder awards grants
Health New England’s website identifies its service area as including Berkshire, Franklin, Hampden, Hampshire and Worcester counties in Massachusetts, as well as parts of Connecticut for some members. Its Health Equity Mini Grant criteria specify the five Massachusetts counties. All grant dollars reported for filing year 2024 went to recipients in Massachusetts.
Grant Distribution by State
Share of 2024 grant dollars across all 10 itemized grants.
States
Cities
Is Health New England Inc open to new grantees?
20%
first-time grantees, 2024
In 2024, 2 of 10 grantees (20%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $50K; repeat grants $33K. How we count
Medians: $50K first-time, $35K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $341K (2020) to $497K (2021). In 2024 it made 10 grants totaling $360K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Care Center Holyoke, MA | Awards in Alignment of Health New England's Mission | $50,000 |
| Community Legal Aid Inc Worcester, MA | Awards in Alignment of Health New England's Mission | $50,000 |
| Planned Parenthood League of Massachusetts Boston, MA | Awards in Alignment of Health New England's Mission | $50,000 |
| Stone Soup Cafe Greenfield, MA | Awards in Alignment of Health New England's Mission | $50,000 |
| Third Sector New England Inc Boston, MA | Awards in Alignment of Health New England's Mission | $50,000 |
| Wellspring Cooperative Corporation Springfield, MA | Awards in Alignment of Health New England's Mission | $50,000 |
| United Way of Pioneer Valley Springfield, MA | Awards in Alignment of Health New England's Mission | $20,000 |
| Partners for a Healthier Community Inc Springfield, MA | Awards in Alignment of Health New England's Mission | $20,000 |
| Berkshire Nursing Families (BNF) Adams, MA | Awards in Alignment of Health New England's Mission | $10,000 |
| Volunteers in Medicine Berkshires Inc Great Barrington, MA | Awards in Alignment of Health New England's Mission | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $294,149,482 | $995,624,746 | $975,203,492 | $360,000 | 10 | $11,593,630 |
| 2023 | $295,692,088 | $990,780,932 | $1,016,731,021 | $383,050 | 17 | $8,194,460 |
| 2022 | $292,952,185 | $930,545,645 | $923,558,117 | $486,500 | 14 | $3,426,145 |
| 2021 | $263,944,212 | $871,340,973 | $882,663,336 | $496,500 | 16 | $14,618,649 |
| 2020 | $254,172,988 | $777,982,397 | $761,123,391 | $341,035 | 15 | $3,804,860 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
Health New England states that its mission is to improve the health and lives of people in the communities it serves. Its website describes a Health Equity Mini Grant program for nonprofit organizations addressing health or health care-related needs and at least one social determinant of health, such as housing, education, employment, transportation, access to healthy foods, social isolation, institutional racism, violence or trauma. The website lists Berkshire, Franklin, Hampden, Hampshire and Worcester counties as the eligible service area for that program.
The 2024 filing says that, in 2024 and 2023, Health New England prioritized organizations supporting chronic conditions, mental health and substance use disorder, and infant and perinatal/maternal health. Its community-benefit strategy is based on its 2022 Community Health Needs Assessment.
Grantees’ own descriptions illustrate the range of organizations funded. Third Sector New England says it strengthens organizations working toward a just and equitable society. Stone Soup Cafe describes itself as a pay-what-you-can community café. Community Legal Aid says it provides legal assistance to improve the lives of low-income and elderly people. Wellspring Cooperative says it works with historically underserved communities in the Greater Springfield region to build a cooperative, equitable, democratic and sustainable economy. Partners for a Healthier Community says it works to build healthier and more equitable communities through community engagement, partnerships, research, evaluation and policy advocacy.
Grantmaking
In filing year 2024, Health New England reported 10 grants totaling $360,000. Grant amounts ranged from $10,000 to $50,000, with a median of $50,000. The largest awards were $50,000 each to The Care Center, Community Legal Aid, Planned Parenthood League of Massachusetts, Stone Soup Cafe, Third Sector New England and Wellspring Cooperative. Other reported awards included $20,000 each to United Way of Pioneer Valley and Partners for a Healthier Community, and $10,000 each to Berkshire Nursing Families and Volunteers in Medicine Berkshires.
The funder’s website describes a Health Equity Mini Grant of up to $10,000 per organization, with $185,000 committed to the program. It also describes a sponsorship program for local organizations and events, with stated criteria including a Western Massachusetts location, funds raised remaining in the region, and a health benefit for Western Massachusetts residents. The website requires sponsorship requests to be submitted through its online request form and says a current, signed W-9 must be included. It lists exclusions including grants to individuals, capital campaigns, endowments, clinical research, political causes, and direct delivery of reimbursable health care services.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark A. Keroack, MD, and Peter Banko as chair/directors and presidents and CEOs; Raymond McCarthy as director and senior vice president, chief financial officer and treasurer; and William Webber, Kathleen Oestreich, Pia Flanagan, Richard Beauchamp Steele, Wyndolyn Bell, Harriet DeVerry and Tania Barber as directors.
Health New England Inc is led by Richard Swift, Chief Executive Officer since 2024 (on filings since 2020); 13 of 22 officers listed in 2024 are compensated.
Officers on the 2024 filing
Richard Swift
Chief Executive Officer
President & CEO → Chief Executive Officer, 2024
On filings since 2020
39 hrs/week
$191K (2020) → $1.1M (2024)
Peter Banko Start
Chair, Director, President & CEO Bh
New on the 2024 filing
1 hr/week
No compensation reported
Judith Michele Danek
Director Office of President & Gov Relations
Director Office of Govt Relation → Director Office of President & Govt Relations, 2023
Director Office of President & Govt Relations → Director Office of President & Gov Relations, 2024
On filings since 2020
40 hrs/week
$166K (2020) → $211K (2024)
Jason Rio
Senior Director Revenue Assur. & Risk Management
Senior Director Revenue A & R → Senior Director Revenue Assur. & Risk Management, 2023
On filings since 2020
40 hrs/week
$288K (2020) → $331K (2024)
Timothy Chrystal
Director of Sales & Account Management
Director of New & Existing Sales → Director of Sales & Acct Management, 2023
Director of Sales & Acct Management → Director of Sales & Account Management, 2024
On filings since 2020
40 hrs/week
$274K (2020) → $304K (2024)
Gary Tereso
Director of Pharmacy Services
Director of Pharmacy → Director of Pharmacy Services, 2024
On filings since 2022
40 hrs/week
$238K (2022) → $290K (2024)
Michael Gauvin
Director Program Dvp. & Market Intel
Director Product Development → Director Program Dvp. & Market Intel., 2023
Director Program Dvp. & Market Intel. → Director Program Dvp. & Market Intel, 2024
On filings since 2022
40 hrs/week
$225K (2022) → $297K (2024)
Tyler Hutchison
Chief Actuary, Senior Director & Healthcare Econ
Chief Actuary → Chief Actuary, Senior Director & Healthcare Econ, 2024
On filings since 2022
40 hrs/week
$261K (2022) → $330K (2024)
Sean Noone
Senior Director & Chief of Operations
Senior Director Chief of Operations → Senior Director & Chief of Operations, 2024
On filings since 2023
40 hrs/week
$285K (2023) → $304K (2024)
Raymond McCarthy
Director & Senior Vice President CFO Treasurer Bh
Senior Vice President CFO Treasurer Bh → Treasurer, Director & Senior Vice President CFO Bh, 2023
Treasurer, Director & Senior Vice President CFO Bh → Director & Senior Vice President CFO Treasurer Bh, 2024
On filings since 2020
1 hr/week
No compensation reported
Richard Beauchamp Steele
Director
On filings since 2020
1 hr/week
No compensation reported
Tania Marie Barber
Director
On filings since 2020
1 hr/week
No compensation reported
William Randall Webber
Director
On filings since 2020
1 hr/week
No compensation reported
Harriet A. Deverry
Director
On filings since 2021
1 hr/week
No compensation reported
Kathleen Oestreich
Director
On filings since 2022
1 hr/week
No compensation reported
Pia D. Flanagan Esq.
Director
On filings since 2022
1 hr/week
No compensation reported
Wyndolyn Bell MD
Director
On filings since 2022
1 hr/week
No compensation reported
Susan O. Connor
Vice President & General Counsel
Director & General Counsel → General Counsel, 2022
General Counsel → Vice President & General Counsel, 2024
On filings since 2020
40 hrs/week
$349K (2020) → $416K (2024)
Casey J. Hossa
Chief Information Officer
On filings since 2021
40 hrs/week
$70K (2021) → $490K (2024)
Kate H. McIntosh MD
Chief Medical Officer
Vice President & Chief Medical Officer → Chief Medical Officer, 2024
On filings since 2021
40 hrs/week
$94K (2021) → $571K (2024)
Lisa M. Cohen
Vice President & Chief Financial Officer
Chief Financial Officer → Vice President & Chief Financial Officer, 2024
On filings since 2021
40 hrs/week
$179K (2021) → $601K (2024)
Shawn E. Thamert
Vice President of Sales & Chief Growth Officer
New on the 2024 filing
40 hrs/week
$310K (2024)
Former officers (32)
- Former: Mark A. Keroack MD (2020–2024) — Chair, Director, President & CEO Bh · Filing note: Term ended 531
- Former: Michael J. Faso (2020–2024) — Former Interim CFO · Filing note: Ended June 2021
- Former: Jody Gross (2020–2023) — Vice President Ops & Govt Ops
- Former: Keith M. Ledoux (2020–2023) — Vice President Committee Lob & Sales
- Former: Laurie Doran (2023) — Vice President Network Management & Corp Strategy
- Former: Richard Allen Segool MD (2020–2022) — Vice Chair & Director
- Former: Andrea Piatt (2022) — Director
- Former: Carol Campbell Termed (2022) — Director
- Former: Jacqueline Spain Termed (2022) — Medical Director
- Former: Marion A. McGowan Termed (2022) — Director, Executive Vice President & COO - Bh
- Former: Amy Jamrog (2020–2021) — Director
- Former: Andrew Colby (2020–2021) — Senior Director Pharmacy Services
- Former: Carol Fusia Campbell (2020–2021) — Director
- Former: Ira Klein (2020–2021) — Chief Medical Officer
- Former: Jacqueline Spain (2020–2021) — Medical Director
- Former: James Francis Conlon (2020–2021) — Director
- Former: Kenneth Bernard (2020–2021) — Vice President Information Technology
- Former: Marion Anne McGowan PhD (2020–2021) — Executive Vice President & COO - Bh
- Former: Thomas J. Brown III (2020–2021) — Former Interim CFO
- Former: Vinil Devabhaktuni (2020–2021) — Chief Technology Officer
- Former: Richard Shuman Md Termed (2021) — Director
- Former: Robert J. Bacon Termed (2021) — Director
- Former: Vishal Tiwari (2021) — Senior Medical Director of Medical Mgmnt
- Former: Dennis Chalke (2020) — Senior Vice President CFO Treasurer Bh
- Former: Eric Harlow (2020) — Senior Sales Executive
- Former: Howard G. Trietsch MD (2020) — Director
- Former: Joel A. Feinman PhD (2020) — Director
- Former: Laurie Gianturco (2020) — Vice President & Chief Medical Officer
- Former: Michelle Sears (2020) — Former CFO & Director Finance Services
- Former: Richard A. Shuman MD (2020) — Director
- Former: Robert J. Bacon (2020) — Director
- Former: Steven Sigal (2020) — Vice President & CFO
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
The highest reported compensation on the 2024 filing was $1.1M, to Richard Swift (Chief Executive Officer). 14 officers or directors reported compensation on that filing.
Frequently asked questions about Health New England Inc
How much does Health New England Inc give each year?
Health New England Inc gave $360K across 10 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $383K across 17 grants.
What is Health New England Inc's typical grant size?
Health New England Inc's median grant in 2024 was $50,000, and its average grant was $36,000, across 10 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Health New England Inc that year got $50K on average.
Where does Health New England Inc give grants?
Health New England Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Springfield, MA (3 grants) and Boston, MA (2 grants).
Does Health New England Inc give general operating support?
Not in 2024: none of the 10 grants with a stated purpose on Health New England Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Awards in Alignment of Health New England's Mission" (10 grants).
Who are Health New England Inc's largest grantees?
Health New England Inc's largest 2024 grantees include The Care Center ($50,000), Community Legal Aid Inc ($50,000) and Planned Parenthood League of Massachusetts ($50,000), according to its 2024 IRS Form 990. Together they received 42% of its itemized 2024 grant dollars.
How large is Health New England Inc?
Health New England Inc reported $294.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $995.6M.
What does Health New England Inc fund?
Health New England states that its mission is to improve the health and lives of people in the communities it serves. See mission & focus areas ↑
How do I apply for a grant from Health New England Inc?
The website describes the Health Equity Mini Grant and sponsorship request processes. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Health New England Inc's EIN?
Health New England Inc's EIN (Employer Identification Number) is 04-2864973. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 13, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Health New England Inc's focus areas in our free grants database
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Funders that support many of the same organizations
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Cite this profile
Grantable. (2026). Health New England Inc funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/health-new-england-inc-morg_91114b5a85a74ca8af7d7209a8e40772
BibTeX
@misc{grantable_042864973_2026,
author = {{Grantable}},
title = {{Health New England Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/health-new-england-inc-morg_91114b5a85a74ca8af7d7209a8e40772},
note = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Health New England Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Health New England Inc down — hundreds of funders to go?