To support the advancement in knowledge and practice of medicine, surgery, nursing, and all other subjects related to healthcare.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.8M
+12.8% YoY
Annual Giving
$48K
+81.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$48K
+81.0% YoY
About Valley Health Systems Inc
Based on IRS filings
Valley Health Systems Inc is a nonprofit organization focused on Health, based in HOLYOKE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.8M in total assets. In 2024, it awarded 1 grants totaling $48K. Net investment income was $652K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,821,869 | $11,370,864 | $10,691,393 |
| Revenue | $5,285,539 | $4,391,441 | $4,406,890 |
| Expenses | $4,989,721 | $5,102,934 | $4,463,641 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $652,353 | $401,891 | $347,764 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeff Hayden | Director | 0.5 | — |
| Matthew Mainville | Director | 0.5 | — |
| Marge Mantoni | Director | 0.5 | — |
| Mary Jo Maydew | Director | 0.5 | — |
| Idelia Smith | Director | 0.5 | — |
| Michael Sullivan | Director | 0.5 | — |
| Eileen O'Leary Sullivan | Chair | 1 | — |
| Donald Graham | Vice Chair | 0.5 | — |
| Garry Bombardier MD | Director | 0.5 | — |
| Spiridon E Hatiras | President & CEO, Clerk | 2.5 | $920,224 |
| Dean Vitarisi | Treasurer & CFO | 2.5 | $351,730 |
| Carl Cameron | VP, Operations | 40 | $478,507 |
| Beverly Fein | VP, Chief HR Officer | 40 | $263,904 |
| Avadhoot S Gokhale | VP, Quality/CQO | 40 | $315,072 |
| Marcel Moniz | VP, Ambulatory Operations | 40 | $204,916 |
| Richard T O'Connor | Director of Legal Affairs | 40 | $183,138 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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