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Nonprofit · EIN 04-2478978

SPECTRUM HEALTH SYSTEMS INC

Tax-exempt · WESTBOROUGH, MA 01581

Financials

$110.9M$85.5M2022$123.6M$89.8M2023$124.4M$101M2024
Revenue Expenses · by fiscal year end
Financials of SPECTRUM HEALTH SYSTEMS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$124,377,396$101,049,675$23,327,721$202,756,626$18,076,383$184,680,243
June 30, 2024990$123,600,492$89,818,827$33,781,665$172,612,942$16,249,299$156,363,643
June 30, 2023990$110,947,466$85,549,196$25,398,270$134,545,623$17,557,325$116,988,298
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$32,040
Program service revenue
$120,003,286
Investment income
$4,236,339
Net gain from sales of assets
-$107,424
Other revenue
$105,731

Expenses

Grants and similar amounts paid
$592,978
Compensation of officers, directors and key employees
$3,559,489
Other salaries and wages
$57,828,502
Salaries, compensation and benefits (total)
$77,275,648
Professional fundraising fees
$0
Legal fees
$773,091
Accounting fees
$118,004
Occupancy
$6,630,762
Travel
$1,586,371
Depreciation
$2,187,653
Program services (functional)
$87,115,518
Management and general (functional)
$13,930,428
Fundraising (functional)
$3,729

Balance sheet and other

Total assets, start of year
$172,612,942
Total assets, end of year
$202,756,626
Total liabilities, end of year
$18,076,383
Net assets, end of year
$184,680,243
Land, buildings and equipment
$42,262,449
Publicly traded securities
$108,718,901
Net assets without donor restrictions
$184,198,289
Net assets with donor restrictions
$481,954
Gross receipts
$162,392,694
Employees
1,522
Volunteers
0
Year formed
1971
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KURT ISAACSONPRESIDENT/CEO
Officer
40$416,898$54,072
ROGELIO BAYOGPSYCHIATRIST
Key employee
40$353,623$24,949
JEFF BAXTERCMO
Officer
40$335,591$24,551
SHARIF NANKOEOUTPATIENT MEDICAL DIRECTO
Key employee
40$317,755$23,090
QAISER KHANPSYCHIATRIST
Key employee
40$312,815$11,526
JOSEPH ROSECFO/TREASURER
Officer
40$249,916$39,335
JOHN CHISHOLMMEDICAL DIRECTOR
Key employee
40$279,646$89
KRISTIN NOLANCHIEF BEHAVIORAL OFFICER
Officer
40$256,360$11,835
LORI BUSZKIEWICZPROGRAM PHYSICIAN
Key employee
40$225,543$18,161
STACY FLANAGANCHIEF OF HUMAN RESOURCES
Officer
40$198,494$32,761
LISA BLANCHARDCHIEF CLINICAL OFFICER
Officer
40$189,948$32,761
CYNTHIA BURACZYNSKIVP OF EXTERNAL AFFAIRS
Officer
40$153,723$36,013
JONATHAN MILLERCHIEF OF INFORMATION TECHN
Officer
40$173,660$14,199
CHRISTOPHER PETROZZICHIEF ORGANIZATIONAL DEVEL
Officer
40$98,216$18,882
CHERYL GALLANTCHAIRPERSON
Trustee or director, Officer
2$0$0
8 more people on this return
NameTitleHours / weekCompensation
VERILYN MITCHELLVICE CHAIRPERSON
Trustee or director, Officer
2$0
SUSAN SUCHOCKI-BROWNSECRETARY
Trustee or director, Officer
2$0
JEROAN ALLISONTRUSTEE
Trustee or director
2$0
JAMES CELESTINTRUSTEE
Trustee or director
2$0
BRIAN GARRITYTRUSTEE
Trustee or director
2$0
BRENDA JENKINSTRUSTEE
Trustee or director
2$0
JOHN RENNERTRUSTEE
Trustee or director
2$0
KASHIF SADDIQUITRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
KURT ISAACSONPRESIDENT/CEO
Officer
40$384,761$50,431
ROGELIO BAYOGPSYCHIATRIST
Key employee
40$345,727$20,219
JEFF BAXTERCMO
Officer
40$320,087$29,681
SHARIF NANKOEOUTPATIENT MEDICAL DIRECTO
Key employee
40$314,872$19,085
QAISER KHANPSYCHIATRIST
Key employee
40$303,837$11,109
JOSEPH ROSECFO/TREASURER
Officer
40$233,128$35,357
KRISTIN NOLANCHIEF BEHAVIORAL OFFICER
Officer
40$237,304$11,390
LORI BUSZKIEWICZPROGRAM PHYSICIAN
Key employee
40$221,058$15,105
JOHN CHISHOLMMEDICAL DIRECTOR
Key employee
40$225,343$0
CHRISTOPHER PETROZZICHIEF ORGANIZATIONAL DEVELOPEMENT OFFICER
Officer
40$184,580$33,191
STACY FLANAGANCHIEF OF HUMAN RESOURCES
Officer
40$185,467$30,785
LISA BLANCHARDCHIEF CLINICAL OFFICER
Officer
40$178,497$30,971
CYNTHIA BURACZYNSKIVP OF EXTERNAL AFFAIRS
Officer
40$151,313$32,629
JONATHAN MILLERCHIEF OF INFORMATION TECHNOLOGY
Officer
40$165,316$12,488
CHERYL GALLANTCHAIRPERSON
Trustee or director, Officer
2$0$0
VERILYN MITCHELLVICE CHAIRPERSON
Trustee or director, Officer
2$0$0
SUSAN SUCHOCKI-BROWNSECRETARY
Trustee or director, Officer
2$0$0
GARTH JOHNSONASSISTANT SECRETARY
Trustee or director, Officer
2$0$0
JEROAN ALLISONTRUSTEE
Trustee or director
2$0$0
JAMES CELESTINTRUSTEE
Trustee or director
2$0$0
DAVID FELPERTRUSTEE
Trustee or director
2$0$0
BRIAN GARRITYTRUSTEE
Trustee or director
2$0$0
BRENDA JENKINSTRUSTEE
Trustee or director
2$0$0
JOHN RENNERTRUSTEE
Trustee or director
2$0$0
KASHIF SADDIQUITRUSTEE
Trustee or director
2$0$0
THOMAS TURCO IIITRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 26 people
NameTitleHours / weekCompensationOther / benefits
KURT ISAACSONPRESIDENT/CEO
Officer
40$352,419$44,257
ROGELIO BAYOGPSYCHIATRIST
Highest-paid employee
40$342,500$5,725
JEFF BAXTERCMO
Key employee
40$309,950$17,750
SHARIF NANKOEOUTPATIENT MEDICAL DIRECTO
Highest-paid employee
40$307,212$5,183
QAISER KHANPSYCHIATRIST
Highest-paid employee
40$304,838$7,557
JOSEPH ROSECFO
Officer
40$223,345$32,628
KRISTIN NOLANCHIEF BEHAVIORAL OFFICER
Officer
40$218,630$10,837
LORI BUSZKIEWICZPROGRAM PHYSICIAN
Highest-paid employee
40$224,186$1,430
CHRISTOPHER PETROZZIVP OF CORRECTIONAL SERVICE
Key employee
40$180,068$31,076
STACY FLANAGANVP OF HR
Key employee
40$174,553$29,939
LISA BLANCHARDCHIEF CLINICAL OFFICER
Key employee
40$166,403$30,143
CYNTHIA BURACZYNSKIVP OF EXTERNAL AFFAIRS
Key employee
40$155,085$29,748
PAMELA TSINTERISMEDICAL DIRECTOR
Highest-paid employee
40$182,629$1,137
DAVID NEFUSSYSR VP OF PAYOR RELATIONS (OUTGOING)
Key employee
40$160,789$10,155
JONATHAN MILLERVP OF IT
Key employee
40$158,962$9,856
ANDREW SALMONTREASURER
Trustee or director, Officer
2$0$0
VERILYN MITCHELLVICE CHAIRPERSON
Trustee or director, Officer
2$0$0
CHERYL GALLANTCHAIRPERSON
Trustee or director, Officer
2$0$0
SUSAN SUCHOCKI-BROWNSECRETARY
Trustee or director, Officer
2$0$0
GARTH JOHNSONASSISTANT SECRETARY
Trustee or director, Officer
2$0$0
JEROAN ALLISONTRUSTEE
Trustee or director
2$0$0
JAMES CELESTINTRUSTEE
Trustee or director
2$0$0
DAVID FELPERTRUSTEE
Trustee or director
2$0$0
BRIAN GARRITYTRUSTEE
Trustee or director
2$0$0
BRENDA JENKINSTRUSTEE
Trustee or director
2$0$0
JOHN RENNERTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
149 OAK STREET STE 302, WESTBOROUGH, MA 01581-3317
Principal officer (990 for 2024)
KURT ISAACSON, 149 OAK STREET, WESTBOROUGH, MA 01581
Signed the 990
KURT ISAACSON, PRESIDENT
Phone
(508) 792-5400
Return prepared by
BOLLUS LYNCH LLP

Mission

TO PROVIDE THE HIGHEST QUALITY OF SERVICES TO INDIVIDUALS SEEKING TREATMENT FOR SUBSTANCE ABUSE AND/OR MENTAL HEALTH ISSUES. WE ASSIST OUR CLIENTS IN ACHIEVING SOBRIETY, SUSTAINING RECOVERY AND FULFILLING PERSONAL GOALS IN ORDER THAT THEY MAY LEAD HEALTHIER, MORE PRODUCTIVE LIVES.

990 for the year ended June 30, 2025

Program accomplishments

  • CORRECTION SERVICES - PROVIDES SUBSTANCE ABUSE COUNSELING WITHIN CORRECTIONS FACILITIES AND PAROLEES IN THE COMMUNITY. SERVING NEARLY 6,600 INDIVIDUALS DAILY IN 3 STATES.
    Expenses $16,808,364 · revenue $18,399,179
  • OUTPATIENT SUBSTANCE ABUSE SERVICES - PROVIDES ONGOING COUNSELING AND NARCOTICS TREATMENT SUCH AS METHADONE AND SUBOXONE, IN ADDITION TO SERVICES SUCH AS DRIVER ALCOHOL AWARENESS, BATTERER INTERVENTION, PEER RECOVERY AND DRUG FREE COUNSELING. SERVING NEARLY 2,500 INDIVIDUALS ON ANY GIVEN DAY.
    Expenses $42,929,627 · revenue $63,179,445
  • INPATIENT SUBSTANCE ABUSE SERVICES - PROVIDES SUBSTANCE ABUSE TREATMENT AND COUNSELING IN VARIOUS RESIDENTIAL AND DETOX SETTINGS. SERVING NEARLY 220 INDIVIDUALS ON ANY GIVEN DAY.
    Expenses $18,910,460 · revenue $29,332,433
  • ADOLESCENT SERVICES/COMMUNITY PARTNERSHIP SERVICES/OTHER MISCELLANEOUS
    Expenses $8,467,067 · grants $592,978 · revenue $9,197,960

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2478978
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$202,756,626
Income (IRS master file)
$162,392,694

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$124,377,396$101,049,675$202,756,626XML
990June 2024$123,600,492$89,818,827$172,612,942XML
990June 2023$110,947,466$85,549,196$134,545,623XML
990June 2022$99,816,707$81,690,090$99,799,670IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 04-2478978).

Questions about SPECTRUM HEALTH SYSTEMS INC

What is the EIN of SPECTRUM HEALTH SYSTEMS INC?
The employer identification number (EIN) of SPECTRUM HEALTH SYSTEMS INC is 04-2478978.
Is SPECTRUM HEALTH SYSTEMS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to SPECTRUM HEALTH SYSTEMS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPECTRUM HEALTH SYSTEMS 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 SPECTRUM HEALTH SYSTEMS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SPECTRUM HEALTH SYSTEMS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SPECTRUM HEALTH SYSTEMS INC?
The 990 for the year ended June 30, 2025 names KURT ISAACSON.
Who are the officers and directors of SPECTRUM HEALTH SYSTEMS INC?
The 990 for the year ended June 30, 2025 lists 23 people; 14 received compensation from the organization, the highest $416,898 (KURT ISAACSON, PRESIDENT/CEO).
How much revenue does SPECTRUM HEALTH SYSTEMS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $124,377,396, expenses of $101,049,675 and total assets of $202,756,626 at year end.

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