Valley Health Systems Inc
To support the advancement in knowledge and practice of medicine, surgery, nursing, and all other subjects related to healthcare.
Valley Health Systems Inc at a glance
In short: Valley Health Systems Inc gave $27K across 1 grant in 2025 (avg $27K), mostly in Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $26,965
- -43.9% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $26,965
- -43.9% vs 2024
- Median grant
- $26,965
- Total assets
- $7,935,319
- -38.1% vs 2024
- Primary geography
- Massachusetts (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Valley Health Systems Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Holyoke Medical Center ($27K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Valley Health Systems Inc gives
- Giving fell 51% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $27K (2023) to $204K (2021). In 2025 it made 1 grant totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Holyoke Medical Center Holyoke, MA | Funding for hospital and healthcare services. | $26,965 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $7,935,319 | $4,645,605 | $6,567,189 | $26,965 | 1 | $223,160 |
| 2024 | $12,821,869 | $5,285,539 | $4,989,721 | $48,027 | 1 | $652,353 |
| 2023 | $11,370,864 | $4,391,441 | $5,102,934 | $26,535 | 1 | $401,891 |
| 2022 | $10,691,393 | $4,406,890 | $4,463,641 | $54,610 | 1 | $347,764 |
| 2021 | $11,549,744 | $5,011,526 | $5,055,095 | $204,126 | 1 | $368,425 |
| 2020 | $10,435,859 | $4,755,926 | $4,158,783 | — | — | $220,992 |
| 2019 | $10,884,397 | $4,754,879 | $5,081,283 | — | — | $279,492 |
About Valley Health Systems Inc
Based on IRS filings
Valley Health Systems Inc is a public charity focused on Health, based in Holyoke, MA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $7.9M in total assets. In 2025, it awarded 1 grant totaling $27K. Net investment income was $223K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Valley Health Systems Inc is led by Spiridon E Hatiras, President, CEO & Clerk on every filing since 2019; 7 of 16 officers listed in 2025 are compensated.
Officers on the 2025 filing
Spiridon E Hatiras
President, CEO & Clerk
On filings since 2019
2.5 hrs/week
$759K (2019) → $906K (2025)
Eileen O'Leary Sullivan
Chair
Director → Vice Chair, 2020
Vice Chair → Chair, 2024
On filings since 2019
1 hr/week
No compensation reported
Richard T O'Connor
Director of Legal Affairs
Director Legal Affairs → Director of Legal Affairs, 2022
On filings since 2019
40 hrs/week
$142K (2019) → $187K (2025)
Garry Bombardier MD
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Idelia Smith
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Jeff Hayden
Director
Vice Chair → Chair, 2020
Chair → Director, 2024
On filings since 2019
0.5 hrs/week
No compensation reported
Michael Sullivan
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Mary Jo Maydew
Director
On filings since 2022
0.5 hrs/week
No compensation reported
Marge Mantoni
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Matthew Mainville
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Avadhoot S Gokhale
Vice President, Quality & Cqo
On filings since 2019
40 hrs/week
$197K (2019) → $327K (2025)
Beverly Fein
Vice President & Chief Hr Officer
On filings since 2019
40 hrs/week
$189K (2019) → $293K (2025)
Carl Cameron
Vice President & Operations
On filings since 2019
40 hrs/week
$360K (2019) → $500K (2025)
Dean Vitarisi
Treasurer & CFO
On filings since 2021
2.5 hrs/week
$280K (2022) → $381K (2025)
Marcel Moniz
Vice President & Ambulatory Operations
On filings since 2023
40 hrs/week
$181K (2023) → $211K (2025)
Donald Graham
Vice Chair
Director → Vice Chair, 2024
On filings since 2019
0.5 hrs/week
No compensation reported
Former officers (9)
- Former: Joseph Peters (2019–2022) — Director
- Former: Phillip Candito (2019–2022) — Former Vice President Business Development
- Former: Abigail Williams (2022) — Director of Corporate Compliance
- Former: Martin Schoenemann CPA (2019–2021) — Director
- Former: Michael J Koziol (2019–2021) — Treasurer & CFO
- Former: Jennifer Fischer (2020–2021) — Vice President & Chief Experience Officer
- Former: Marc Joyce (2019–2020) — Director
- Former: Anthony Soto (2019) — Director
- Former: Doris Ransford (2019) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $906K, to Spiridon E Hatiras (President & CEO, Clerk). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Valley Health Systems Inc
How much does Valley Health Systems Inc give each year?
Valley Health Systems Inc gave $27K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $48K across 1 grant.
How large is Valley Health Systems Inc?
Valley Health Systems Inc reported $7.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.6M.
What is Valley Health Systems Inc?
Valley Health Systems Inc is a public charity focused on Health, based in Holyoke, MA. It holds $7.9M in total assets as of 2025.
Where does Valley Health Systems Inc operate?
Valley Health Systems Inc has awarded grants in Massachusetts.
What is Valley Health Systems Inc's EIN?
Valley Health Systems Inc's EIN (Employer Identification Number) is 04-2103583. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Valley Health Systems Inc funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Valley Health Systems Inc's focus areas in our free grants database
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Funders with grantees in common, and similar funders in Massachusetts
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