Holyoke Health Center Inc
- Assets
- $37.0m
- Revenue
- $55.2m
- Investments
- $2.0m
- Employees
- 431
- Location
- Holyoke, MA
- Founding
- 04/1972
- Data as of
- 06/2021
- 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 06/2021, Holyoke Health Center Inc employed 431 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 06/2021, Holyoke Health Center Inc generated $55.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $50.6m during the year ending 06/2021. While expenses have increased by 4.2% per year over the past 6 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 18 individual grants totaling $4,161,060. 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
2021
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alejandro Esparza-Perez Chief Medical Officer | Officer | 37.5 | $295,029 |
Jay Breines CEO | Officer | 37.5 | $263,011 |
Ana Serrenho Orthodontist | 37.5 | $262,422 | |
Rosa Pelaez-Shelton Dentist | 37.5 | $227,069 | |
Thevenin Carl-Henry Beauzile Doctor | 37.5 | $216,285 | |
Benjamin Betancourt-Torres Doctor | 37.5 | $213,729 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Five Star Corp Construction | 6/29/21 | $409,238 |
Vitality Dental Lab | 6/29/21 | $166,438 |
Bkd Cpas And Advisors | 6/29/21 | $140,238 |
Presidio Digital Platforms | 6/29/21 | $126,458 |
Scribe America Transcription Svcs | 6/29/21 | $121,528 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,231,979 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,501,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,733,775 |
| Total Program Service Revenue | $42,299,653 |
| Investment income | $5,442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $131,058 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $55,169,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $501,532 |
| 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. | $1,068,467 |
| Compensation of current officers, directors, key employees. | $574,317 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,240,318 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,142,674 |
| Payroll taxes | $1,661,573 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $82,990 |
| Fees for services: Accounting | $154,504 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,056,037 |
| Advertising and promotion | $63,076 |
| Office expenses | $1,363,495 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $203,824 |
| Travel | $12,513 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113,703 |
| Interest | $391,340 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,038,854 |
| Insurance | $112,152 |
| All other expenses | $0 |
| Total functional expenses | $50,578,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,037,975 |
| Savings and temporary cash investments | $3,204,427 |
| Pledges and grants receivable | $2,486,027 |
| Accounts receivable, net | $2,862,933 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $697,706 |
| Prepaid expenses and deferred charges | $282,452 |
| Net Land, buildings, and equipment | $14,845,918 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,959,920 |
| Investments—program-related | $0 |
| Intangible assets | $120,000 |
| Other assets | $1,545,190 |
| Total assets | $37,042,548 |
| Accounts payable and accrued expenses | $6,156,478 |
| Grants payable | $0 |
| Deferred revenue | $2,290,836 |
| 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 | $14,975,284 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,998,942 |
| Total liabilities | $25,421,540 |
| Net assets without donor restrictions | $11,325,394 |
| Net assets with donor restrictions | $295,614 |
| 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 | $37,042,548 |
Grants Awarded
Over the last fiscal year, Holyoke Health Center Inc has awarded $501,532 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Springfield, MA PURPOSE: OUTPATIENT SERVICES | $401,996 |
Springfield, MA PURPOSE: OUTPATIENT SERVICES | $99,536 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Holyoke Health Center Inc has recieved totaling $952,186.
| Awarding Organization | Amount |
|---|---|
Community Care Cooperative Inc Boston, MA PURPOSE: DSRIP - ACO MODEL MANAGEMENT | $917,330 |
Massdevelopment Hefa Trust Boston, MA PURPOSE: NEW PARKING LOT PROVIDING FREE PATIENT PARKING, ACCESSIBLE TO HOLYOKE HEALTH CENTER AND ITS NEW BUILDING HOUSING VISION SERVICES AND A COVID-19 WALK-IN CENTER IN DOWNTOWN HOLYOKE. | $27,966 |
Upstream Usa Inc Boston, MA PURPOSE: Reproductive Health Program Training | $6,890 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Finger Lakes Performing Provider System Inc Rochester, NY | $41,997,931 | $67,997,644 |
Holyoke Health Center Inc Holyoke, MA | $37,042,548 | $55,169,928 |
Depaul Adult Care Communties Inc Rochester, NY | $12,844,666 | $48,377,747 |
Federation Of Organizations For The New York State Mentally Disabled West Babylon, NY | $34,800,632 | $51,638,775 |
Long Island Jewish Medical Center At Home Pharmacy Inc Westbury, NY | $5,530,043 | $43,997,615 |
Western New York Independent Living Inc Buffalo, NY | $29,215,885 | $46,881,599 |
Mcauley-Seton Home Care Inc Buffalo, NY | $77,262,995 | $46,063,677 |
Community Catalyst Inc Boston, MA | $56,345,662 | $63,488,267 |
Best Choice Home Health Care Inc Flushing, NY | $12,215,789 | $31,841,732 |
Promedica Indemnity Insurance Corporation Burlington, VT | $137,586,435 | $28,459,378 |
1199seiu Labor Management Initiatives Inc New York, NY | $9,531,850 | $18,632,453 |
Northwest Community Health Care Pascoag, RI | $20,226,768 | $25,758,175 |