Health New England & Subsidiaries
Revenue
$995.6m
year to 31 December 2024
Expenses
$975.2m
year to 31 December 2024
Total assets
$294.1m
$212.7m liabilities
Net assets
$81.5m
assets less liabilities
Directors and trustees
10
5.1y av
Staff
463
employees, year to 31 December 2024
Left since last filing
3
30% of the board
Officers and senior staff
34
named in Part VII
Health New England & Subsidiaries' network
10 people4 organisationsi10 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (4) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI; we list 10 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Mark A Keroack MD Term 531 Chair | Chair/Dir, Pres & CEO Bh | 2024 | 2 yrs |
| Peter Banko Start 6124 Chair | Chair/Dir, Pres & CEO Bh | 2024 | 2 yrs |
| Harriet A Deverry (also filed as Harriet Deverry) | Director (Term 12/31/24) | 2022 | 4 yrs |
| Kathleen Oestreich | Director | 2022 | 4 yrs |
| PIA D Flanagan ESQ (also filed as PIA Flanagan) | Director | 2022 | 4 yrs |
| Raymond McCarthy | Director, SVP CFO Treas Bh | 2020 | 6 yrs |
| Richard Beauchamp Steele (also filed as Richard B Steele, Richard Steele) | Director | 2018 | 8 yrs |
| Tania Marie Barber (also filed as Tania Barber, Tania M Barber, Tania Barber) | Director (Term 2/1/24) | 2018 | 8 yrs |
| William Randall Webber (also filed as William R Webber, William Webber, William Webber) | Director | 2019 | 7 yrs |
| Wyndolyn Bell MD | Director | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
34 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Andrew Colby | SR. Dir. Pharmacy Services | since 2018 |
| Brenda Hukel | Director of Human Resources | since 2018 |
| Casey J Hossa | Chief Information Officer | since 2022 |
| Catherine Ashley Allen | VP of Sales & Marketing | since 2018 |
| Dennis Chalke | SVP CFO Treas Bh (Left 03/2020) | 2020 |
| Eric Harlow | Sr. Sales Executive | since 2019 |
| Gary Tereso | Director of Pharmacy Services | since 2022 |
| IRA Klein | Chief Medical Officer (Through 9/2020) | 2020 |
| Jacqueline Spain | Medical Director | since 2018 |
| Jacqueline Spain Termed 2723 | Medical Director | 2022 |
| Jason RIO | Sr. Dir. Revenue Assur. & Risk Mgmt | since 2018 |
| Jody Gross | VP Ops & Govt Ops (Term 4/8/2023) | since 2018 |
| Judith Michele Danek | Dir. Office of Pres. & Gov't Relations | since 2018 |
| Kate H McIntosh MD | VP & Chief Medical Officer | since 2022 |
| Keith M Ledoux | VP Commercial, LOB & Sales | since 2019 |
| Kenneth Bernard | VP of Information Technology | since 2018 |
| Laurie Doran | VP Network Mgmt & Corp Strategy | 2023 |
| Laurie Gianturco | VP & Chief Medical Officer | since 2018 |
| Lisa M Cohen | VP & Chief Financial Officer | since 2022 |
| Marion A McGowan PHD | Exec. VP & Chief Operating Office BHS | since 2019 |
| Michael Gauvin | Director Product Development | since 2022 |
| Michael J Faso | Interim CFO | 2020 |
| Michelle Sears | Director of Financial Services | 2018 |
| Maura C McCaffrey End 71818 | President & CEO | 2018 |
| Richard Swift | Chief Executive Officer | 2024 |
| Rebecca Starr | Medical Director | 2018 |
| Sean Noone | Sr. Director, Chief of Operations | since 2023 |
| Shawn E Thamert | VP of Sales & Chief Growth Officer | 2024 |
| Steven Sigal | Vice President/CFO | since 2018 |
| Susan O Connor | VP & General Counsel | 2024 |
| Susan Silver O'Connor | General Counsel | since 2018 |
| Timothy Chrystal | Dir. of New & Existing Business Sales | since 2019 |
| Tyler Hutchison | Chief Actuary, Sr. Dir, Healthcare Econ | since 2022 |
| Vinil Devabhaktuni | Chief Technology Officer | 2020 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Richard Swift | Chief Executive Officer | 39 | $1.1m | $452k | |
| Lisa M Cohen | VP & Chief Financial Officer | 40 | $601k | $252k | |
| Kate McIntosh | Chief Medical Officer | 40 | $571k | $218k | |
| Casey J Hossa | Chief Information Officer | 40 | $490k | $195k | |
| Susan O Connor | VP & General Counsel | 40 | $416k | $161k | |
| Jason Rio | Sr. Dir. Revenue Assur. & Risk Mgmt | 40 | $331k | $87k | |
| Tyler Hutchison | Chief Actuary, Sr. Dir, Healthcare Econ | 40 | $330k | $90k | |
| Shawn E Thamert | VP of Sales & Chief Growth Officer | 40 | $310k | $142k | |
| Timothy Chrystal | Dir. of Sales & Account Mgmt | 40 | $304k | $54k | |
| Sean Noone | Sr. Director, Chief of Operations | 40 | $304k | $95k | |
| Michael Gauvin | Dir. Program DVP. & Market Intel | 40 | $297k | $51k | |
| Gary Tereso | Director of Pharmacy Services | 40 | $290k | $65k | |
| Judith Danek | Dir Office of Pres & Gov Relations | 40 | $211k | $50k | |
| Michael Faso | Former Interim CFO | 0 | $203k | ||
| Mark A Keroack MD Term 531 | Chair/Dir, Pres & CEO Bh | 1 | $0 | $1.6m | $33k |
| Peter Banko Start 6124 | Chair/Dir, Pres & CEO Bh | 1 | $0 | $1.5m | $233k |
| William Webber | Director | 1 | $0 | ||
| Kathleen Oestreich | Director | 1 | $0 | ||
| Pia Flanagan | Director | 1 | $0 | ||
| Richard Beauchamp Steele | Director | 1 | $0 | ||
| Wyndolyn Bell MD | Director | 1 | $0 | ||
| Harriet Deverry | Director (Term 12/31/24) | 1 | $0 | ||
| Tania Barber | Director (Term 2/1/24) | 1 | $0 | ||
| Raymond McCarthy | Director, SVP CFO Treas Bh | 1 | $0 | $1.3m | $56k |
About
- Legal name
- Health New England & Subsidiaries
- EIN
- 042864973
- Address
- 1 Monarch Pl Ste 1500, Springfield, MA, 01144-4035
- State
- Massachusetts
- Mission
- (as filed on the Form 990)
- Activity (NTEE)
- E310 Health care
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Health Care
- Size band
- 9 (IRS master file code)
- Formed
- 2013
- Principal officer
- Peter Banko (as named on the Form 990)
- IRS ruling date
- 1 November 2015
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Related organisations (Schedule R)
RelatedIMPROVE HEALTH OF PEOPLE IN THE COMMUNITYBaystate Health IncRelatedACUTE CARE TEACHING HOSPITALBaystate Medical Center IncRelatedHOME HEALTH AND HOSPICE CAREVisiting Nurse Assn and Hospice of Western New England IncRelatedFUNDRAISINGBaystate Health Foundation Inc
Longest observed on the filings
≥8years on the filingsRichard Beauchamp Steele
≥8years on the filingsTania Marie Barber
≥7years on the filingsWilliam Randall Webber
≥6years on the filingsRaymond McCarthy
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $294.1m
- Total liabilities
- $212.7m
- Net assets or fund balances
- $81.5m
- Contributions and grants received
- $0
- Program service revenue
- $981.9m
- Grants and similar paid out
- $447k
- Employees
- 463
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $995.6m | $975.2m | $20.4m |
As filed on the IRS Form 990. US dollars.
Grants paid
10 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| The Care Center | Awards in alignment of health new england's mission | $50k |
| Community Legal Aid Inc | Awards in alignment of health new england's mission | $50k |
| Planned Parenthood League of Massachusetts | Awards in alignment of health new england's mission | $50k |
| Stone Soup Cafe | Awards in alignment of health new england's mission | $50k |
| Third Sector New England Inc | Awards in alignment of health new england's mission | $50k |
| Wellspring Cooperative Corporation | Awards in alignment of health new england's mission | $50k |
| United Way of Pioneer Valley | Awards in alignment of health new england's mission | $20k |
| Partners for A Healthier Community Inc | Awards in alignment of health new england's mission | $20k |
| Berkshire Nursing Families (BNF) | Awards in alignment of health new england's mission | $10k |
| Volunteers in Medicine Berkshires Inc | Awards in alignment of health new england's mission | $10k |