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Nonprofit · EIN 04-2105941

BAYSTATE HEALTH INC

Tax-exempt · SPRINGFIELD, MA 01199

Financials

$28M$25.8M2022$27.3M$22.6M2023$18.3M$22.3M2024
Revenue Expenses · by fiscal year end
Financials of BAYSTATE HEALTH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$18,313,920$22,257,136-$3,943,216$276,364,606$166,363,121$110,001,485
September 30, 2024990$27,341,162$22,646,097$4,695,065$260,600,991$147,154,405$113,446,586
September 30, 2023990$28,034,230$25,788,744$2,245,486$320,977,322$224,068,372$96,908,950
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$3,432,208
Program service revenue
$10,335,572
Investment income
$3,934,803
Net gain from sales of assets
$897,229
Other revenue
$611,337

Expenses

Grants and similar amounts paid
$178,486
Other salaries and wages
$307,000
Salaries, compensation and benefits (total)
$307,000
Professional fundraising fees
$0
Legal fees
$3,341,849
Accounting fees
$67,642
Occupancy
$868
Travel
$13,175
Depreciation
$17,360
Program services (functional)
$15,750,096
Management and general (functional)
$6,507,040

Balance sheet and other

Total assets, start of year
$260,600,991
Total assets, end of year
$276,364,606
Total liabilities, end of year
$166,363,121
Net assets, end of year
$110,001,485
Land, buildings and equipment
$215,361
Publicly traded securities
$21,188,052
Net assets without donor restrictions
$65,518,209
Net assets with donor restrictions
$44,483,276
Gross unrelated business income
$3,135,703
Gross receipts
$20,092,408
Employees
0
Volunteers
17
Year formed
1983
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER D BANKOTRUSTEE/PRESIDENT & CEO - BH
Trustee or director, Officer
35$0$1,514,715$233,002
MARK A KEROACK MDFORMER TRUSTEE/PRESIDENT & CEO - BH
Former
0$0$1,554,650$33,050
RAYMOND MCCARTHYSVP, CFO & TREAS BH (THRU 4/22/25)
Officer
10$0$1,279,577$56,058
NICOLAS JABBOUR MDTRUSTEE/CHAIR DEPT. OF SURGERY
Trustee or director
1$1,055,742$0$61,744
LAURIE MARTINCFO & TREASURER - BH (AS OF 4/22/25)
Officer
10$0$387,373$55,232
KRISTIN R DELANEYCLERK/DIRECTOR STRATEGY
Officer
34$0$181,047$28,986
AKINYELE K LOVELACE DOVICE CHAIR (AS OF 1/1/25)/TTEE/PER DIEM INTERNIST
Trustee or director
1$92,520$0$1,388
NANCY REMILLARDASST. CLERK OF THE CORP
Officer
1$0$62,538$14,312
SARA ROURKE MDTTEE/PER DIEM URGENT CARE PHYSICIAN
Trustee or director
1$31,125$0$467
COLLEEN W HOLMES VICE CHAIR(TO 1/1/25)/CHAIR (AS OF 1/1/25)/TTEE
Trustee or director, Officer
2$0$0$0
ANTONIO E DOS SANTOSTRUSTEE
Trustee or director
1$0$0$0
CLAUDIA R COPLEIN DOTRUSTEE
Trustee or director
1$0$0$0
DENISE R JORDANTRUSTEE
Trustee or director
1$0$0$0
HARRIET A DEVERRYTRUSTEE, CHAIR (THRU 1/1/25)
Trustee or director
2$0$0$0
IRENE RODRIGUEZ-MARTINTRUSTEE
Trustee or director
1$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
JULIE QUINKTRUSTEE
Trustee or director
1$0
KEITH NESBITTTRUSTEE (AS OF 1/1/25)
Trustee or director
1$0
LINDA THOMPSONTRUSTEE
Trustee or director
1$0
MADELINE LANDRAUTRUSTEE
Trustee or director
1$0
MARIA P GONCALVESTRUSTEE
Trustee or director
1$0
MARK A O'CONNELLTRUSTEE
Trustee or director
1$0
PAUL C PICKNELLYTRUSTEE
Trustee or director
1$0
RICHARD BOSSIETRUSTEE
Trustee or director
1$0
ROBERT J BACONTRUSTEE (THRU 12/31/24)
Trustee or director
1$0
RUTH H CONSTANTINETRUSTEE
Trustee or director
1$0
WILLIAM R WEBBERTRUSTEE
Trustee or director
1$0
990 for the year ended September 30, 2024: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK A KEROACK MDTRUSTEE (THRU 6/3/24)/PRESIDENT & CEO - BH
Trustee or director, Officer
35$0$2,714,007$44,265
RAYMOND MCCARTHYTRUSTEE/SVP, CFO & TREASURER BH
Officer
10$0$1,181,243$29,919
NICOLAS JABBOUR MDTRUSTEE (AS OF 1/1/24)/CHAIR DEPT. OF SURGERY
Trustee or director
1$0$1,026,932$56,490
KEVIN P MORIARTY MDTRUSTEE (THRU 12/31/23)/CHIEF PED SURGERY
Trustee or director
1$772,803$0$54,493
KRISTIN R DELANEYCLERK/DIR CORP GOVERNANCE
Officer
34$0$176,880$40,432
AKINYELE K LOVELACE DOTRUSTEE/PER DIEM INTERNIST
Trustee or director
1$102,600$0$4,617
NANCY REMILLARDASST. CLERK OF THE CORP
Officer
1$0$63,112$13,612
SARA ROURKE MDTRUSTEE/PER DIEM URGENT CARE PHYSICIAN
Trustee or director
1$31,250$0$1,719
COLLEEN W HOLMESVICE CHAIR/TRUSTEE
Trustee or director, Officer
2$0$0$0
HARRIET A DEVERRYCHAIR/TRUSTEE
Trustee or director, Officer
2$0$0$0
PETER D BANKOTRUSTEE (AS OF 6/4/24)/PRESIDENT & CEO - BH
Trustee or director, Officer
35$0$0$0
ANTONIO E DOS SANTOSTRUSTEE
Trustee or director
1$0$0$0
CLAUDIA R COPLEIN DOTRUSTEE
Trustee or director
1$0$0$0
DENISE R JORDANTRUSTEE
Trustee or director
1$0$0$0
ELIZABETH CARDONATRUSTEE (THRU 12/31/23)
Trustee or director
1$0$0$0
IRENE RODRIGUEZ-MARTINTRUSTEE
Trustee or director
1$0$0$0
JAMES R PHANEUFTRUSTEE (THRU 12/31/23)
Trustee or director
1$0$0$0
JULIE QUINKTRUSTEE (AS OF 1/1/24)
Trustee or director
1$0$0$0
LINDA THOMPSONTRUSTEE
Trustee or director
1$0$0$0
MADELINE LANDRAUTRUSTEE (AS OF 1/1/24)
Trustee or director
1$0$0$0
MARIA P GONCALVESTRUSTEE
Trustee or director
1$0$0$0
MARK A O'CONNELLTRUSTEE
Trustee or director
1$0$0$0
PAUL C PICKNELLYTRUSTEE
Trustee or director
1$0$0$0
PAUL R MURPHYTRUSTEE (THRU 12/31/23)
Trustee or director
1$0$0$0
RICHARD BOSSIETRUSTEE
Trustee or director
1$0$0$0
ROBERT J BACONTRUSTEE
Trustee or director
1$0$0$0
RUTH H CONSTANTINETRUSTEE
Trustee or director
1$0$0$0
WILLIAM R WEBBERTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 26 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK A KEROACK MDTRUSTEE/PRESIDENT & CEO - BH
Trustee or director, Officer
35$0$2,590,235$42,643
RAYMOND MCCARTHYTRUSTEE/SVP, CFO & TREASURER BH
Officer
10$0$1,132,360$27,717
KEVIN P MORIARTY MDTRUSTEE/CHIEF PED SURGERY
Trustee or director
1$751,828$0$41,983
KRISTIN R DELANEYCLERK/DIR CORP GOVERNANCE
Officer
34$0$171,356$48,217
NANCY REMILLARDASST. CLERK OF THE CORP
Officer
1$0$60,294$12,442
AKINYELE K LOVELACE DOTRUSTEE/PER DIEM INTERNIST
Trustee or director
1$66,500$0$779
SARA ROURKE MDTRUSTEE/PER DIEM URGENT CARE PHYSCN
Trustee or director
1$12,555$0$188
COLLEEN W HOLMESVICE CHAIR (AS OF 1/1/23)/TRUSTEE
Trustee or director, Officer
2$0$0$0
HARRIET A DEVERRYCHAIR (AS OF 1/1/23)/ TRUSTEE
Trustee or director, Officer
2$0$0$0
ANTONIO E DOS SANTOSTRUSTEE (AS OF 1/1/23)
Trustee or director
1$0$0$0
CLAUDIA R COPLEIN DOTRUSTEE
Trustee or director
1$0$0$0
DENISE R JORDANTRUSTEE
Trustee or director
1$0$0$0
ELIZABETH CARDONATRUSTEE
Trustee or director
1$0$0$0
IRENE RODRIGUEZ-MARTINTRUSTEE
Trustee or director
1$0$0$0
JAMES R PHANEUFTRUSTEE
Trustee or director
1$0$0$0
JOHN F MAYBURYTRUSTEE (THRU 12/31/22)
Trustee or director
1$0$0$0
KATHLEEN B SCOBLETRUSTEE (THRU 12/31/22)
Trustee or director
1$0$0$0
LINDA THOMPSONTRUSTEE (AS OF 1/1/23)
Trustee or director
1$0$0$0
MARIA P GONCALVESTRUSTEE
Trustee or director
1$0$0$0
MARK A O'CONNELLTRUSTEE (AS OF 1/1/23)
Trustee or director
1$0$0$0
PAUL C PICKNELLYTRUSTEE
Trustee or director
1$0$0$0
PAUL R MURPHYTRUSTEE
Trustee or director
1$0$0$0
RICHARD BOSSIETRUSTEE
Trustee or director
1$0$0$0
ROBERT J BACONTRUSTEE
Trustee or director
1$0$0$0
RUTH H CONSTANTINETRUSTEE
Trustee or director
1$0$0$0
WILLIAM R WEBBERTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
759 CHESTNUT ST, SPRINGFIELD, MA 01199-1001
Principal officer (990 for 2024)
LAURIE MARTIN, 759 CHESTNUT STREET, SPRINGFIELD, MA 01199
Signed the 990
LAURIE MARTIN, CFO & TREASURER
Phone
(413) 794-0000
Return prepared by
DELOITTE TAX LLP

Mission

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

990 for the year ended September 30, 2025

Program accomplishments

  • BAYSTATE HEALTH, INC. (BAYSTATE HEALTH OR BH) BASED IN SPRINGFIELD, MASSACHUSETTS IS THE PARENT CORPORATION OF AN INTEGRATED HEALTH CARE DELIVERY SYSTEM WITH THE MISSION "TO IMPROVE THE HEALTH OF THE PEOPLE IN OUR COMMUNITY EVERY DAY, WITH QUALITY AND COMPASSION." BH PROVIDES FUNDING FOR STRATEGIC INITIATIVES, AS NECESSARY, FUNDING FOR RESEARCH & EDUCATION INITIATIVES AND SUPPORT OF COMMUNITY HEALTH, DEVELOPMENT, AND OUTREACH ACTIVITIES, MOSTLY FUNDED BY BH BOARD-DESIGNATED FUNDS. PUBLIC HEALTH INSTITUTE OF WESTERN MASSACHUSETTS, FORMERLY PARTNERS FOR A HEALTHIER COMMUNITY, IS THE PRIMARY RECIPIENT OF BH SUPPORT. (SEE SCHEDULE O) BAYSTATE HEALTH CURRENTLY INCLUDES THE FOLLOWING: BAYSTATE MEDICAL CENTER (BMC), LOCATED IN SPRINGFIELD, MASSACHUSETTS, IS THE LARGEST OF THE FOUR HOSPITALS IN THE BAYSTATE HEALTH SYSTEM. BMC, THE LEADING HEALTH FACILITY IN WESTERN MASSACHUSETTS, IS THE ONLY TERTIARY CARE REFERRAL MEDICAL CENTER AND LEVEL I TRAUMA CENTER IN THE REGION. IT IS ALSO HOME TO WESTERN NEW ENGLAND'S ONLY NEONATAL AND PEDIATRIC INTENSIVE CARE UNITS. BMC IS A 716-BED, TAX EXEMPT, NOT-FOR-PROFIT, ACADEMIC TEACHING HOSPITAL. BAYSTATE FRANKLIN MEDICAL CENTER (BFMC), LOCATED IN GREENFIELD, MASSACHUSETTS, IS A 89-BED, TAX EXEMPT, NOT-FOR-PROFIT, ACUTE CARE COMMUNITY HOSPITAL. BFMC SERVES THE NORTHERN TIER OF NORTHWESTERN MASSACHUSETTS AND SOUTHERN VERMONT. BAYSTATE WING HOSPITAL CORPORATION (BWH), LOCATED IN PALMER, MASSACHUSETTS, IS A 46-BED, TAX-EXEMPT, NOT-FOR-PROFIT, ACUTE CARE COMMUNITY HOSPITAL. BAYSTATE TOTAL HOME CARE, INC. (BTHC), LOCATED IN SPRINGFIELD, MASSACHUSETTS, IS A TAX EXEMPT, NOT-FOR-PROFIT CORPORATION ORGANIZED TO BENEFIT, SUPPORT AND FURTHER THE CHARITABLE ACTIVITIES OF BMC. BAYSTATE NOBLE HOSPITAL, INC. (BNH), LOCATED IN WESTFIELD, MASSACHUSETTS, IS A 85-BED TAX-EXEMPT, NOT-FOR-PROFIT ACUTE CARE COMMUNITY HOSPITAL. BNH PROVIDES INPATIENT, OUTPATIENT AND EMERGENCY CARE SERVICES FOR RESIDENTS IN THE GREATER WESTFIELD COMMUNITY. BAYSTATE MEDICAL PRACTICES, INC. (BMP) IS A MULTI-SPECIALTY ACADEMIC GROUP PRACTICE ESTABLISHED AS A TAX EXEMPT, NOT-FOR-PROFIT ORGANIZATION TO SUPPORT THE EDUCATIONAL AND RESEARCH PROGRAMS OF BAYSTATE HEALTH AS WELL AS NUMEROUS COMMUNITY PRIMARY CARE AND OUTREACH SERVICES. VISITING NURSE ASSOCIATION AND HOSPICE OF WESTERN NEW ENGLAND, INC. (BVNAH) IS A TAX EXEMPT, NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES COMPREHENSIVE HOME HEALTH CARE COMMITTED TO PROVIDING THE HIGHEST QUALITY CARE TO PATIENTS AND FAMILIES, PRIMARILY IN THE HOME SETTING. BVNAH MEETS INDIVIDUAL NEEDS BY BRINGING EXPERIENCED NURSES, REHABILITATION THERAPISTS, SOCIAL WORKERS, AND HOME CARE AIDES TO PATIENTS' HOMES. HEALTH NEW ENGLAND, INC. (HNE) IS A TAX EXEMPT, NOT-FOR-PROFIT HEALTH MAINTENANCE ORGANIZATION. IT IS LOCATED IN SPRINGFIELD, MASSACHUSETTS. HNE'S SERVICE AREA IN MASSACHUSETTS INCLUDES FRANKLIN, BERKSHIRE, HAMPDEN AND HAMPSHIRE COUNTIES AND PART OF WORCESTER COUNTY. HNE ALSO SERVES HARTFORD, LITCHFIELD AND TOLLAND COUNTIES IN CONNECTICUT. BAYSTATE ADMINISTRATIVE SERVICES, INC. (BAS) IS A TAX EXEMPT, NOT-FOR-PROFIT CORPORATION THAT PROVIDES MANAGEMENT SUPPORT FOR THE BH SUBSIDIARIES, INCLUDING HUMAN RESOURCES, MARKETING, STRATEGIC PLANNING, INFORMATION SERVICES AND FINANCIAL SERVICES. BAYSTATE HEALTH FOUNDATION, INC. (BHF) IS A TAX EXEMPT, CHARITABLE ORGANIZATION ESTABLISHED FOR THE PURPOSE OF FUND-RAISING FOR HEALTHCARE RELATED ACTIVITIES, IN SUPPORT, AND FOR THE BENEFIT, OF BH AND THOSE SUBSIDIARIES OF BH THAT ARE TAX EXEMPT, NOT-FOR-PROFIT CORPORATIONS, AND TO HOLD ENDOWMENT, CHARITABLE DONATIONS, AND OTHER FUNDS FOR THEIR BENEFIT. INGRAHAM CORPORATION (IC) IS A FOR-PROFIT, TAXABLE CORPORATION WHOSE MAIN PURPOSE IS FACILITY SUPPORT SERVICES. BAYSTATE HEALTH INSURANCE COMPANY, LTD. (BHIC) IS A CAPTIVE INSURANCE COMPANY ORGANIZED AND LICENSED IN THE CAYMAN ISLANDS, BRITISH WEST INDIES. BHIC PROVIDES PROFESSIONAL LIABILITY AND OTHER INSURANCE COVERAGE TO BH AND ITS CORPORATE AFFILIATES AND THEIR EMPLOYEES. BHIC ALSO OFFERS MALPRACTICE INSURANCE TO MEMBERS OF BH'S MEDICAL STAFF WHO MEET CRITERIA FOR PARTICIPATION.
    Expenses $15,750,096 · grants $178,486 · revenue $10,335,572

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
04-2105941
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E210)
Assets (IRS master file)
$276,364,606
Income (IRS master file)
$20,092,408

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$18,313,920$22,257,136$276,364,606XML
990-TSeptember 2025–––IRS
990September 2024$27,341,162$22,646,097$260,600,991XML
990-TSeptember 2024–––IRS
990September 2023$28,034,230$25,788,744$320,977,322XML
990-TSeptember 2023–––IRS
990September 2022$11,532,257$22,070,018$247,749,996IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2105941).

Questions about BAYSTATE HEALTH INC

What is the EIN of BAYSTATE HEALTH INC?
The employer identification number (EIN) of BAYSTATE HEALTH INC is 04-2105941.
Is BAYSTATE HEALTH INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to BAYSTATE HEALTH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BAYSTATE HEALTH INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BAYSTATE HEALTH INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BAYSTATE HEALTH INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of BAYSTATE HEALTH INC?
The 990 for the year ended September 30, 2025 names LAURIE MARTIN.
Who are the officers and directors of BAYSTATE HEALTH INC?
The 990 for the year ended September 30, 2025 lists 26 people; 3 received compensation from the organization.
How much revenue does BAYSTATE HEALTH INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $18,313,920, expenses of $22,257,136 and total assets of $276,364,606 at year end.

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