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Massachusetts · Nonprofit

Holyoke Medical Center Inc

Holyoke Medical Center Inc (Massachusetts) receives grants from 7 organizations whose IRS filings report $180,305 to it, the largest being BOSTON MEDICAL CENTER CORPORATION ($95,377). 2 of them have funded it in more than one year.

Revenue FY2025
$306M
Funders on record
7
Grants received
$180k
Net assets
$61M
2/7 repeat funderspeak grant-dependency 0%
01What it does

What Holyoke Medical Center Inc does

Mission

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.

As stated on its FY2025 Form 990.

Program

  1. Holyoke Medical Center, Inc. (HMC) strives to serve the health needs of their medical service community in a high quality and efficient manner. To this end, HMC shall: (1) provide compassionate care to all of whom it serves with a commitment to developing cultural diversity and competencies in our programs and workforce so that we may better serve our patients; (2) identify and serve those needs which are prevalent and substantial in the community as a whole, or within major population groups, and which can be adequately met by the provision of basic primary and secondary health care services; (3) provide information, education, and expertise to our community in order to promote the general health of its citizens; (4) provide an environment of excellence and growth in which health care professionals can use their skills and abilities to the fullest extent possible; (5) provide competitive wages and benefits, as well as safe and dignified working conditions, for all employees; (6) ensure financial responsibility in the operation of the medical center in order to guarantee the future viability of our mission; (7) provide a formal, public, and ongoing program of community benefits,…

    $277,572,713 spentof which $46,810 as grants$301,563,176 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $277,572,713.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($158M) Expenses 100 ($154M) Net assets -102 ($-10702925)2018 Revenue 108 ($171M) Expenses 107 ($165M) Net assets -9 ($-907995)2019 Revenue 116 ($183M) Expenses 115 ($178M) Net assets -156 ($-16414038)2020 Revenue 125 ($198M) Expenses 117 ($180M) Net assets -103 ($-10819550)2021 Revenue 127 ($201M) Expenses 127 ($196M) Net assets 100 ($11M)2022 Revenue 139 ($220M) Expenses 142 ($219M) Net assets 320 ($34M)2023 Revenue 155 ($246M) Expenses 161 ($249M) Net assets 387 ($41M)2024 Revenue 168 ($266M) Expenses 172 ($265M) Net assets 375 ($39M)2025 Revenue 193 ($306M) Expenses 209 ($321M) Net assets 582 ($61M)
'17'18'19'20'21'22'23'24'25
Revenue (193)Expenses (209)Net assets (582)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $91M to $108M (+20%).

$87M
$87M
$91M
$108M
$113M
$114M
$124M
$129M
$145M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 0% · 2019 0% · 2020 12% · 2021 9% · 2022 6% · 2023 6% · 2024 3% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of Holyoke Medical Center Inc’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$4.3M
’17
$5.8M
’18
$5.2M
’19
$18M
’20
$5.6M
’21
$1.1M
’22
−$3.1M
’23
$1.5M
’24
−$15M
’25
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Spiridon E Hatiras

President & CEO, Clerk

Board chair

Tricia Koss

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed202123212219192220
Joined·+2+7+1+2+2+2+4+3
No longer listed·15315215
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $8k → $5k.

2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 28% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $360k from one payer (the payer shares this organization's board, largest Valley Health Systems Inc). These are real filings, and they are not money Holyoke Medical Center Inc raised.

From the IRS filings of Holyoke Medical Center Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Holyoke Medical Center Inc leans on a few funders — its largest provides 53% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

94% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Holyoke Medical Center Inc.

53%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 99% · 2021 52% · 2022 99% · 2023 95% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

96% of Holyoke Medical Center Inc's grant income comes from Massachusetts funders.

MA
FL

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $51k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Holyoke Medical Center Inc is better cushioned than half of the 1,241 health nonprofits its size.

Operating margin−5% · bottom quartile
Months of reserve0.6mo · above the median
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025

Government funding Holyoke Medical Center Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $328.9M on record — $623k federal, $328.3M state.

Federal$623k
grants $0contracts $623k
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Defense$623k
State$328.3M
17
18
19
20
21
22
23
24
25
By state
  • MA$328.3M
  • FL$14

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Holyoke Medical Center Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

14
board members
64%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 8 related entities

  • Community Health Foundation of Western Mass Inc · exempt
  • H-C Management Services Inc · exempt
  • Holyoke Visiting Nurse Association Inc · exempt
  • MassWest Services Inc · exempt
  • River Valley Counseling Center Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Holyoke Medical Center Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Holyoke Medical Center Inc?
Holyoke Medical Center Inc (Massachusetts) receives grants from 7 organizations whose IRS filings report $180,305 to it, the largest being BOSTON MEDICAL CENTER CORPORATION ($95,377). 2 of them have funded it in more than one year.
How many funders does Holyoke Medical Center Inc have?
IRS filings report 7 organizations giving $180,305 in grants to Holyoke Medical Center Inc, 2 of which have funded it in more than one year.
Who is the largest funder of Holyoke Medical Center Inc?
BOSTON MEDICAL CENTER CORPORATION is the largest funder on record, with $95,377 in grants. The full list of funders is on this page.
How can an organization like Holyoke Medical Center Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing