NonprofitsValley Health Systems Inc

Health Care

Valley Health Systems Inc

HOLYOKE, MA

Total revenue

$5.3M

Total expenses

$5.0M

Net assets

$12.0M

Grants received

$793K

22 grants

EIN

042103583

Tax year

2023

Mission

To support the advancement in knowledge and practice of medicine, surgery, nursing, and all other subjects related to healthcare.

Financials

FY 2023

Revenue

Contributions & grants$201K
Program service revenue$4.5M
Investment income$652K
Other revenue
Total revenue$5.3M

Expenses

Grants paid$48K
Salaries & benefits$4.4M
Fundraising$99K
Other expenses$504K
Total expenses$5.0M
Total assets$12.8M
Net assets$12.0M

People

16 listed

NameRoleCompensation

Spiridon E Hatiras

President & CEO, Clerk

Board

$920K

2.5 hrs/wk

Dean Vitarisi

Treasurer & CFO

Board

$352K

2.5 hrs/wk

Donald Graham

Vice Chair

Board

0.5 hrs/wk

Jeff Hayden

Director

Board

0.5 hrs/wk

Garry Bombardier MD

Director

Board

0.5 hrs/wk

Matthew Mainville

Director

Board

0.5 hrs/wk

Marge Mantoni

Director

Board

0.5 hrs/wk

Mary Jo Maydew

Director

Board

0.5 hrs/wk

Idelia Smith

Director

Board

0.5 hrs/wk

Michael Sullivan

Director

Board

0.5 hrs/wk

Eileen O'Leary Sullivan

Chair

Board

1 hrs/wk

Carl Cameron

VP, Operations

Staff

$479K

40 hrs/wk

Avadhoot S Gokhale

VP, Quality/CQO

Staff

$315K

40 hrs/wk

Beverly Fein

VP, Chief HR Officer

Staff

$264K

40 hrs/wk

Marcel Moniz

VP, Ambulatory Operations

Staff

$205K

40 hrs/wk

Richard T O'Connor

Director of Legal Affairs

Staff

$183K

40 hrs/wk

Independent contractors

Fidelity Investments

Investment Advisory Services

$165K

Grants received

Showing 22 of 22

FromAmountPurposeYear
$95K
UNRESTRICTED GENERAL
2024
$27K
UNRESTRICTED GENERAL
2024
$70K
UNRESTRICTED GENERAL
2023
$20K
UNRESTRICTED GENERAL
2023
$14K
UNRESTRICTED GENERAL
2023
$108K
UNRESTRICTED GENERAL
2022
$31K
UNRESTRICTED GENERAL
2022
$11K
UNRESTRICTED GENERAL
2022
$95K
UNRESTRICTED GENERAL
2021
$27K
UNRESTRICTED GENERAL
2021
$19K
UNRESTRICTED GENERAL
2021
$95K
UNRESTRICTED GENERAL
2020
$27K
UNRESTRICTED GENERAL
2020
$14K
UNRESTRICTED GENERAL
2020
$21K
UNRESTRICTED GENERAL
2019
$14K
UNRESTRICTED GENERAL
2019
$5K
CAMPAIGN FOR HOLYOKE MEDICAL CENTER
2019
$25K
UNRESTRICTED GENERAL
2018
$20K
GENERAL HEALTH
2017

Funded by

$793K from 6 funders · 22 grants · 2017–2024

William Skinner Tua-Holyoke Hosp

$463K · 5 grants · 2020–2024

Arthur E Sheldon Family Trust

$178K · 7 grants · 2018–2024

Lucy A Cooledge Tua

$71K · 5 grants · 2019–2023

Peoplesbank Charitable Foundation Inc

$50K · 2 grants · 2020–2021

Community Foundation Of Western

$25K · 2 grants · 2017–2019

Chicopee Savings Bank Charitable

$7K · 1 grant · 2020

Details

EIN042103583
NTEE codeE120
Subsection03
Ruling date1986-03
Formed1984
Employees18
Volunteers8
VALLEY HEALTH SYSTEMS INC — Mission, Financials & Grants Received | Grantivo