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Health New England Inc

SPRINGFIELD, MA EIN: 04-2864973 Website

SEE SCHEDULE O

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$294.1M

-0.5% YoY

Annual Giving

$360K

-6.0% YoY

Grant Count

10

-41.2% YoY

Avg Grant Size

$36K

+59.8% YoY

About Health New England Inc

Based on IRS filings

Health New England 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 $294.1M in total assets. In 2024, it awarded 10 grants totaling $360K. Net investment income was $11.6M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AdamsAmherstBaltimoreBarreBostonChicopeeFlorenceGreat BarringtonGreenfeildGreenfieldHatfieldHolyokeHuntingtonIndian OrchardN AmherstNorthamptonNorthhamptonOrangePittsfieldS

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$280M$559M$839M$1.1B20202021202220232024
Metric202420232022
Total Assets$294,149,482$295,692,088$292,952,185
Revenue$995,624,746$990,780,932$930,545,645
Expenses$975,203,492$1,016,731,021$923,558,117
Qualifying Distributions
Net Investment Income$11,593,630$8,194,460$3,426,145
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$124K$248K$372K$497K15 grants202016 grants202114 grants202217 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE CARE CENTER$50KCOMMUNITY LEGAL AID INC$50KPLANNED PARENTHOOD LEAGU…$50KSTONE SOUP CAFE$50KTHIRD SECTOR NEW ENGLAND…$50KWELLSPRING COOPERATIVE C…$50KUNITED WAY OF PIONEER VA…$20KPARTNERS FOR A HEALTHIER…$20KBERKSHIRE NURSING FAMILI…$10KVOLUNTEERS IN MEDICINE B…$10K

Grant Size Distribution

72 grants across all recorded years

46<$50K23$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RICHARD SWIFTCHIEF EXECUTIVE OFFICER$1.1MLISA M COHENVP & CHIEF FINANCIAL OFFICER$601KKATE MCINTOSHCHIEF MEDICAL OFFICER$571KCASEY J HOSSACHIEF INFORMATION OFFICER$490KSUSAN O CONNORVP & GENERAL COUNSEL$416KJASON RIOSR. DIR. REVENUE ASSUR. & RI…$331KTYLER HUTCHISONCHIEF ACTUARY, SR. DIR, HEAL…$330KSHAWN E THAMERTVP OF SALES & CHIEF GROWTH O…$310KTIMOTHY CHRYSTALDIR. OF SALES & ACCOUNT MGMT$304KSEAN NOONESR. DIRECTOR, CHIEF OF OPERA…$304KMICHAEL GAUVINDIR. PROGRAM DVP. & MARKET I…$297KGARY TERESODIRECTOR OF PHARMACY SERVICES$290KJUDITH DANEKDIR OFFICE OF PRES & GOV REL…$211KMICHAEL FASOFORMER INTERIM CFO$203K

From 2024 filing

NameTitleHoursCompensation
MARK A KEROACK MD TERM 531CHAIR/DIR, PRES & CEO BH1
PETER BANKO START 6124CHAIR/DIR, PRES & CEO BH1
WILLIAM WEBBERDIRECTOR1
KATHLEEN OESTREICHDIRECTOR1
PIA FLANAGANDIRECTOR1
RICHARD BEAUCHAMP STEELEDIRECTOR1
WYNDOLYN BELL MDDIRECTOR1
HARRIET DEVERRYDIRECTOR (TERM 12/31/24)1
TANIA BARBERDIRECTOR (TERM 2/1/24)1
RAYMOND MCCARTHYDIRECTOR, SVP CFO TREAS BH1
RICHARD SWIFTCHIEF EXECUTIVE OFFICER39$1,058,502
CASEY J HOSSACHIEF INFORMATION OFFICER40$490,024
KATE MCINTOSHCHIEF MEDICAL OFFICER40$570,936
JUDITH DANEKDIR OFFICE OF PRES & GOV RELATIONS40$210,647
JASON RIOSR. DIR. REVENUE ASSUR. & RISK MGMT40$331,478
LISA M COHENVP & CHIEF FINANCIAL OFFICER40$600,777
SUSAN O CONNORVP & GENERAL COUNSEL40$415,734
SHAWN E THAMERTVP OF SALES & CHIEF GROWTH OFFICER40$309,505
TYLER HUTCHISONCHIEF ACTUARY, SR. DIR, HEALTHCARE ECON40$330,434
TIMOTHY CHRYSTALDIR. OF SALES & ACCOUNT MGMT40$303,706
MICHAEL GAUVINDIR. PROGRAM DVP. & MARKET INTEL40$296,757
GARY TERESODIRECTOR OF PHARMACY SERVICES40$290,112
SEAN NOONESR. DIRECTOR, CHIEF OF OPERATIONS40$303,516
MICHAEL FASOFORMER INTERIM CFO$202,538

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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