Holyoke Health Center Inc
- Assets
- $41.5m
- Revenue
- $68.6m
- Investments
- $2.0m
- Employees
- 448
- Location
- Holyoke, MA
- Founding
- 04/1972
- Data as of
- 06/2022
- EIN
- 04-2492730
Organization Overview
Holyoke Health Center Inc is located in Holyoke, MA. The organization was established in 1972. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 06/2022, Holyoke Health Center Inc employed 448 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holyoke Health Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Holyoke Health Center Inc generated $68.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $56.8m during the year ending 06/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Holyoke Health Center Inc has awarded 16 individual grants totaling $3,828,940. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOLYOKE HEALTH CENTER INC. PROVIDES CLINICAL MEDICAL, DENTAL, AND RELATED SERVICES TO INDIVIDUALS IN THE SURROUNDING COMMUNITY.
Describe the Organization's Program Activity:
HOLYOKE HEALTH CENTER INC. HAS AN ON-SITE FULL SERVICE PHARMACY AND IS COMMITTED TO HELPING ITS PATIENTS GET THE MEDICATIONS THEY NEED. THE ORGANIZATION IS ABLE TO PURCHASE PRESCRIPTION MEDICATIONS AT A DISCOUNT THROUGH SPECIAL FUNDING FROM THE FEDERAL GOVERNMENT AND USE THESE SAVINGS TO SUPPORT A VARIETY OF PATIENT AND PRESCRIPTION PROGRAMS. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.
HOLYOKE HEALTH CENTER INC. PROVIDES PRIMARY AND PREVENTIVE MEDICAL CARE FOR ADULTS AND CHILDREN. NON-EMERGENCY, SAME DAY MEDICAL CARE IS AVAILABLE, AND PATIENTS HAVE ON-SITE ACCESS TO PHARMACY ASSISTANCE, MENTAL HEALTH SERVICES, AND A FULL-SERVICE LABORATORY. SPECIALIZED PROGRAMS FOR PATIENTS WITH ASTHMA, DIABETES, HIV/AIDS, AND OTHER CHRONIC ILLNESSES ARE ALSO AVAILABLE. THE ORGANIZATION WORKS CLOSELY WITH AREA SPECIALISTS TO ADDRESS ALL PATIENTS' MEDICAL NEEDS AND MAKES REFERRALS TO AREA HOSPITALS WHEN NECESSARY.
HOLYOKE HEALTH CENTER INC. PROVIDES DENTAL CARE SERVICES TO PATIENT OF ALL AGES, REGARDLESS OF INSURANCE STATUS. SERVICES AVAILABLE INCLUDE CLEANINGS, FLUORIDE, SEALANTS, EXTRACTIONS, FILLINGS, ROOT CANALS, AND ORAL SURGERY. THE ORGANIZATION ALSO OFFERS PATIENT EDUCATION SERVICES AND MAKES REFERRALS FOR ADDITIONAL SERVICES WHEN NECESSARY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ana Serrenho Orthodontist | 37.5 | $308,001 | |
Jay Breines CEO | Officer | 37.5 | $293,258 |
Alejandro Esparza Perez Cmo | Officer | 37.5 | $286,515 |
Thevenin Carl-Henry Beauzile Provider | 37.5 | $232,576 | |
Elias Name Provider | 37.5 | $230,309 | |
Monica Liao Chang Provider | 37.5 | $224,555 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Community Care Cooperative Ehr Conversion | 6/29/22 | $784,645 |
Behavior Health Network Behavioral Health Se | 6/29/22 | $449,721 |
Baystate Medical Center Medical Services | 6/29/22 | $384,625 |
Osis Software Support | 6/29/22 | $349,816 |
Kleeburg Mechanical Hvac Service | 6/29/22 | $185,952 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,055,184 |
| All other contributions, gifts, grants, and similar amounts not included above | $997,724 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,052,908 |
| Total Program Service Revenue | $51,257,372 |
| Investment income | $3,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $174,327 |
| Net Gain/Loss on Asset Sales | $9,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $68,572,566 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $507,030 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,074,236 |
| Compensation of current officers, directors, key employees. | $597,672 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,189,027 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,138,995 |
| Payroll taxes | $1,978,622 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $71,359 |
| Fees for services: Accounting | $130,683 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,996,664 |
| Advertising and promotion | $69,760 |
| Office expenses | $1,564,628 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $676,583 |
| Travel | $58,075 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $173,265 |
| Interest | $296,745 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,114,731 |
| Insurance | $124,325 |
| All other expenses | $0 |
| Total functional expenses | $56,787,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,889,307 |
| Savings and temporary cash investments | $3,407,542 |
| Pledges and grants receivable | $3,248,673 |
| Accounts receivable, net | $2,744,880 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $839,998 |
| Prepaid expenses and deferred charges | $511,140 |
| Net Land, buildings, and equipment | $15,194,297 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,959,920 |
| Investments—program-related | $0 |
| Intangible assets | $120,000 |
| Other assets | $2,534,277 |
| Total assets | $41,450,034 |
| Accounts payable and accrued expenses | $6,377,907 |
| Grants payable | $0 |
| Deferred revenue | $120,833 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $9,546,725 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,998,942 |
| Total liabilities | $18,044,407 |
| Net assets without donor restrictions | $22,963,641 |
| Net assets with donor restrictions | $441,986 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $41,450,034 |
Grants Awarded
Over the last fiscal year, Holyoke Health Center Inc has awarded $499,530 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CARING HEALTH CENTER PURPOSE: OUTPATIENT SERVICES | $121,589 |
BAYSTATE HEALTH INC PURPOSE: OUTPATIENT SERVICES | $377,941 |