Nonprofit · EIN 04-3549011
BAYSTATE HEALTH FOUNDATION INC
Tax-exempt · SPRINGFIELD, MA 01199
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $11,782,962 | $9,813,512 | $1,969,450 | $195,383,128 | $4,141,454 | $191,241,674 |
| September 30, 2024 | 990 | $13,729,601 | $11,630,181 | $2,099,420 | $180,784,452 | $2,804,061 | $177,980,391 |
| September 30, 2023 | 990 | $19,230,995 | $8,489,441 | $10,741,554 | $158,241,695 | $3,469,815 | $154,771,880 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $4,152,272
- Program service revenue
- $2,000,000
- Investment income
- $5,594,300
- Net gain from sales of assets
- $3,621,907
- Net income from fundraising events
- -$115,505
- Other revenue
- $36,390
Expenses
- Grants and similar amounts paid
- $6,527,320
- Other salaries and wages
- $1,761,713
- Salaries, compensation and benefits (total)
- $2,208,603
- Professional fundraising fees
- $0
- Accounting fees
- $37,523
- Travel
- $7,097
- Program services (functional)
- $6,527,320
- Management and general (functional)
- $501,309
- Fundraising (functional)
- $2,784,883
Balance sheet and other
- Total assets, start of year
- $180,784,452
- Total assets, end of year
- $195,383,128
- Total liabilities, end of year
- $4,141,454
- Net assets, end of year
- $191,241,674
- Publicly traded securities
- $82,771,385
- Net assets without donor restrictions
- $19,085,068
- Net assets with donor restrictions
- $172,156,606
- Gross receipts
- $16,414,377
- Employees
- 26
- Volunteers
- 15
- Year formed
- 2000
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER D BANKO | TRUSTEE/PRESIDENT & CEO - BH Trustee or director, Officer | 1 | $0 | $1,514,715 | $233,002 |
| MARK A KEROACK MD | FORMER TRUSTEE/PRESIDENT & CEO - BH Former | 0 | $0 | $1,554,650 | $33,050 |
| ANDREW ARTENSTEIN MD | TRUSTEE/PRES-BMP/CPE, CAO Trustee or director | 1 | $0 | $1,357,225 | $54,013 |
| RAYMOND MCCARTHY | TRST/SVP, CFO& TREAS BH (THRU 4/25) Trustee or director, Officer | 1 | $0 | $1,279,577 | $56,058 |
| SAMUEL SKURA | TRST(THRU 12/24)/INT COO (THRU 3/25) Trustee or director | 1 | $0 | $1,134,934 | $54,739 |
| LAURIE MARTIN | TRUST/CFO & TREAS - BH (AS OF 4/25) Trustee or director, Officer | 1 | $0 | $387,373 | $55,232 |
| SCOTT BERG | TRUSTEE/VP PHILANTHROPY (THRU 11/24) Trustee or director | 50 | $0 | $306,579 | $6,504 |
| KRISTIN R DELANEY | CLERK/DIRECTOR STRATEGY Officer | 1 | $0 | $181,047 | $28,986 |
| KATHLEEN L TOBIN MARTIN | TRST (AS OF 11/24)/INT VP PHILANTRPY Trustee or director | 50 | $162,659 | $0 | $19,183 |
| LISA MORIARTY | DIRECTOR OF OPERATIONS, BHF Highest-paid employee | 50 | $137,923 | $0 | $40,884 |
| KYLIE H JOHNSON | DIRECTOR OF PLANNED GIVING Highest-paid employee | 50 | $129,197 | $0 | $37,947 |
| NANCY REMILLARD | ASST. CLERK OF THE CORP Officer | 1 | $0 | $62,538 | $14,312 |
| MAUREEN JAMES | CHAIR (AS OF 1/1/25)/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ARAM VARTANIAN | TRUSTEE (THRU 12/31/24) Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER ORSZULAK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENA M HALL | TRUSTEE Trustee or director | 1 | $0 |
| JACQUELINE RODRIQUEZ | TRUSTEE Trustee or director | 1 | $0 |
| JEFFREY A AMANTI | TRUSTEE Trustee or director | 1 | $0 |
| JOHN F MAYBURY | TRUSTEE Trustee or director | 1 | $0 |
| MADELINE LANDRAU | TRUSTEE Trustee or director | 1 | $0 |
| MARK W TEED | TRUSTEE Trustee or director | 1 | $0 |
| MICHELE MEGAS-DITOMASSI | TRUSTEE (THRU 12/31/24) Trustee or director | 1 | $0 |
| MICHELLE DWYER | TRUSTEE Trustee or director | 1 | $0 |
| PETER GREENBERG | TRUSTEE (AS OF 1/1/25) Trustee or director | 1 | $0 |
| SAMUEL HANMER | TRUSTEE Trustee or director | 1 | $0 |
| SCOTT LICHTENBERGER | TRUSTEE (AS OF 7/14/25)/COO Trustee or director | 1 | $0 |
| VINCENT J CARDILLO | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARK A KEROACK MD | TRUSTEE (THRU 6/3/24)/PRESIDENT & CEO - BH Trustee or director, Officer | 1 | $0 | $2,714,007 | $44,265 |
| ANDREW ARTENSTEIN MD | TRUSTEE/PRES-BMP/CPE, CAO Trustee or director | 1 | $0 | $1,284,349 | $44,386 |
| RAYMOND MCCARTHY | TRUSTEE/SVP, CFO & TREASURER BH Trustee or director, Officer | 1 | $0 | $1,181,243 | $29,919 |
| SAMUEL SKURA | TRUSTEE/PRES BMC SVP Trustee or director | 1 | $0 | $1,016,222 | $186,721 |
| SCOTT BERG | TRUSTEE/VP PHILANTHROPY Trustee or director | 50 | $0 | $344,660 | $20,676 |
| KRISTIN R DELANEY | CLERK/DIR CORP GOVERNANCE Officer | 1 | $0 | $176,880 | $40,432 |
| KATHLEEN L TOBIN MARTIN | DIRECTOR ANNUAL FUND & EVENTS Highest-paid employee | 50 | $148,423 | $0 | $18,426 |
| KYLIE H JOHNSON | PLANNED GIVING DIRECTOR Highest-paid employee | 50 | $123,335 | $0 | $35,995 |
| TERESA GROVE | PHILANTHROPY OFFICER Highest-paid employee | 50 | $100,294 | $0 | $23,910 |
| NANCY REMILLARD | ASST. CLERK OF THE CORP Officer | 1 | $0 | $63,112 | $13,612 |
| MARION MCGOWAN | FORMER DIRECTOR/EVP, COO-BH Former | 0 | $0 | $15,619 | $380 |
| MARK W TEED | CHAIR/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PETER D BANKO | TRUSTEE (AS OF 6/4/24)/PRESIDENT & CEO - BH Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ARAM VARTANIAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER ORSZULAK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DENA M HALL | TRUSTEE (AS OF 1/1/24) Trustee or director | 1 | $0 | $0 | $0 |
| JACQUELINE RODRIQUEZ | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES P SADOWSKY | TRUSTEE (THRU 12/31/23) Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY A AMANTI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN F MAYBURY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MADELINE LANDRAU | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MAUREEN JAMES | VICE CHAIR (AS OF 1/1/24)/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHELE MEGAS-DITOMASSI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE DWYER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| SAMUEL HANMER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN M DANE | TRUSTEE (THRU 12/31/23) Trustee or director | 1 | $0 | $0 | $0 |
| VINCENT J CARDILLO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 29 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARION MCGOWAN | TRUSTEE (THRU 12/31/22)/EVP, COO-BH Trustee or director | 1 | $0 | $3,024,136 | $61,001 |
| MARK A KEROACK MD | TRUSTEE/PRESIDENT & CEO - BH Trustee or director, Officer | 1 | $0 | $2,590,235 | $42,643 |
| ANDREW ARTENSTEIN MD | TRUSTEE/PRES-BMP/CPE, CAO Trustee or director | 1 | $0 | $1,243,342 | $38,549 |
| RAYMOND MCCARTHY | TRUSTEE/SVP, CFO & TREASURER BH Trustee or director, Officer | 1 | $0 | $1,132,360 | $27,717 |
| SCOTT BERG | TRUSTEE/VP PHILANTHROPY Trustee or director | 50 | $0 | $334,761 | $20,132 |
| SAMUEL SKURA | TRUSTEE (AS OF 4/5/23)/PRES BMC SVP Trustee or director | 1 | $0 | $290,811 | $4,592 |
| KRISTIN R DELANEY | CLERK/DIR CORP GOVERNANCE Officer | 1 | $0 | $171,356 | $48,217 |
| ALLISON GOMES | DIR, MAJOR GIFTS Highest-paid employee | 50 | $140,916 | $0 | $30,145 |
| TIMOTHY CANEY | DIR FINANCE BHF Highest-paid employee | 50 | $131,484 | $0 | $31,003 |
| KATHLEEN L TOBIN MARTIN | DIRECTOR ANNUAL FUND & EVENTS Highest-paid employee | 50 | $142,484 | $0 | $17,486 |
| KYLIE H JOHNSON | PLANNED GIVING DIRECTOR Highest-paid employee | 50 | $117,547 | $0 | $34,420 |
| NANCY REMILLARD | ASST. CLERK OF THE CORP Officer | 1 | $0 | $60,294 | $12,442 |
| ALI SALEHI | VICE CHAIR/TRUSTEE (THRU 12/31/22) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK W TEED | CHAIR/TRUSTEE Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ARAM VARTANIAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER ORSZULAK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DENA M HALL | TRUSTEE (THRU 12/31/22) Trustee or director | 1 | $0 | $0 | $0 |
| JACQUELINE RODRIQUEZ | TRUSTEE (AS OF 1/25/23) Trustee or director | 1 | $0 | $0 | $0 |
| JAMES P SADOWSKY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JEAN DELISO | TRUSTEE (THRU 12/31/22) Trustee or director | 1 | $0 | $0 | $0 |
| JEFFREY A AMANTI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN F MAYBURY | TRUSTEE (AS OF 1/25/23) Trustee or director | 1 | $0 | $0 | $0 |
| MADELINE LANDRAU | TRUSTEE (AS OF 5/21/21) Trustee or director | 1 | $0 | $0 | $0 |
| MAUREEN JAMES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MICHELE MEGAS-DITOMASSI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MICHELLE DWYER | TRUSTEE (AS OF 7/13/23) Trustee or director | 1 | $0 | $0 | $0 |
| SAMUEL HANMER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| STEVEN M DANE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| VINCENT J CARDILLO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 759 CHESTNUT ST, SPRINGFIELD, MA 01199-1001
- In care of
- % KEITH C MCLEAN SCHINAMAN
- 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 BAYSTATE HEALTH FOUNDATION IS TO INSPIRE A "CULTURE OF PHILANTHROPY AND ENCOURAGE PHILANTHROPIC RELATIONSHIPS THAT WILL SUPPORT THE MISSION AND VISION OF BAYSTATE HEALTH WHICH IS TO IMPROVE THE HEALTH OF THE PEOPLE IN OUR COMMUNITIES EVERY DAY, WITH QUALITY AND COMPASSION.
Program accomplishments
- THE PRIMARY AREAS OF SUPPORT IN 2025 INCLUDE BAYSTATE HEALTH FAMILY MEDICINE RESIDENCE PROGRAM, CANCER RESEARCH, BAYSTATE MEDICAL CENTER SURGICAL SUITES, AND OTHER PATIENT CENTERED PROGRAMS AND SERVICES RELATED TO BAYSTATE CHILDREN'S HOSPITAL, BAYSTATE WING HOSPITAL, BAYSTATE FRANKLIN MEDICAL CENTER, BAYSTATE HOME, HEALTH AND HOSPICE (F.K.A. BAYSTATE VISITING NURSES ASSOCIATION & HOSPICE OF WESTERN NEW ENGLAND, INC.)Expenses $6,527,320 · grants $6,527,320 · revenue $2,008,767
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 04-3549011
- 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
- 2001
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E11)
- Assets (IRS master file)
- $195,383,128
- Income (IRS master file)
- $16,414,377
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $11,782,962 | $9,813,512 | $195,383,128 | XML |
| 990 | September 2024 | $13,729,601 | $11,630,181 | $180,784,452 | XML |
| 990 | September 2023 | $19,230,995 | $8,489,441 | $158,241,695 | XML |
| 990 | September 2022 | $33,504,312 | $9,744,733 | $143,679,503 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 04-3549011).
Questions about BAYSTATE HEALTH FOUNDATION INC
- What is the EIN of BAYSTATE HEALTH FOUNDATION INC?
- The employer identification number (EIN) of BAYSTATE HEALTH FOUNDATION INC is 04-3549011.
- Is BAYSTATE HEALTH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to BAYSTATE HEALTH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAYSTATE HEALTH FOUNDATION 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 FOUNDATION 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 FOUNDATION 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 FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names LAURIE MARTIN.
- Who are the officers and directors of BAYSTATE HEALTH FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 27 people; 3 received compensation from the organization.
- How much revenue does BAYSTATE HEALTH FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $11,782,962, expenses of $9,813,512 and total assets of $195,383,128 at year end.
Other nonprofits in SPRINGFIELD
- BAYSTATE MEDICAL CENTER INC EIN 04-2790311 · last filed 990 for 2025
- HEALTH NEW ENGLAND & SUBSIDIARIES EIN 04-2864973 · last filed 990 for 2024
- BAYSTATE MEDICAL PRACTICES INC EIN 04-2888373 · last filed 990 for 2025
- BAYSTATE ADMINISTRATIVE SERVICES INC EIN 22-2747685 · last filed 990 for 2025
- CARING HEALTH CENTER INC EIN 04-2620040 · last filed 990 for 2025
- BAYSTATE HEALTH INC EIN 04-2105941 · last filed 990 for 2025
- TAPESTRY HEALTH SYSTEMS INC EIN 23-7303142 · last filed 990 for 2025
- HNE OF CONNECTICUT INC EIN 46-5190134 · last filed 990 for 2024