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Holyoke Medical Center INC

Public charity990-T FY2023
Other · HOLYOKE, MA · EIN 22-2520073

About

Our Mission at Holyoke Medical Center is to improve the health of all people in our community. We do that with honesty, respect and dignity for our patients, visitors and staff. We do that through expert and compassionate care, education and knowledge sharing, community partnerships, fostering innovation and growth and by inspiring hope in all we touch. We do that by being good stewards of our resources and providing efficient and cost effective care to all.

Donations are tax-deductible
Category
Other
Employees
2,078
Volunteers
64

Financial Snapshot

FY ending 2024-09-30
Revenue
$266.1M
Expenses
$264.7M
Assets
$129.3M
Liabilities
$89.9M

Financial history

$266.1M$133.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $266.1M · Avg: $198.8M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$79K
Grants Given
$56K
HOLYOKE MEDICAL CENTER INC
Your actions

Address

575 Beech ST
Holyoke, MA, 01040-222

Governance

Voting board members13
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %27.0%
Endowment held by related orgYes
Public records
ProPublica Nonprofit Explorer
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