IRS 990 Nonprofit Profile

Health New England INC

Overview

Health New England is committed to improving the health and lives of the people in the communities we serve. Health New England is proud to announce **_The Where Health Matters Grant Program._ The Where Health Matters Grant Guidelines _The Where Health Matters Grant_ program provides local nonprofit organizations with a one-time grant up to $50,000 to advance health equity in healthcare over a one-year period. Only proposals for programs focusing on improving health or health care related needs are eligible for funding. Programs are required to address **health equity** **and include community collaboration.** The expectation is that in addition to improving conditions around the HNE focus area, the proposed program will improve health outcomes.

Health New England is a Springfield-based regional not-for-profit health plan serving members across central and western Massachusetts and parts of Connecticut, with Medicare Advantage and Medicaid coverage in surrounding areas. It was incorporated as a health maintenance organization (HMO) and, today, operates as a wholly-owned subsidiary of Baystate Health, offering health care plans in commercial, Medicaid, and Medicare markets. In addition, Health New England partners with local organizations through community programs and grantmaking—such as the Where Health Matters Grant Program—which provides one-time grants up to $50,000 to advance health equity in healthcare over a one-year period, with an emphasis on health equity and community collaboration.

Sector
Health
Faith identity / affiliation
Unknown
Official website
https://WWW.HEALTHNEWENGLAND.ORG
Public contact
Local: (413) 787-4004; Toll-free: (800) 310-2835 · {'value': None, 'evidence': [], 'confidence': 0.1}

Health EquityCommunity Benefits GrantsHealth Improvement

Programs and Current Appeals

  • Health Equity Mini Grant

    Western Massachusetts · United States

Places of Operation

Public sources identify operations or appeals in 3 places.

Massachusetts And Parts Of Connecticut (western Ma Counties)ConnecticutBerkshire, Franklin, Hampden, Hampshire Counties (western Massachusetts)

Impact, Reports and Updates

Recent official updates

Official Sources and Evidence

This profile summarizes 1 official source pages and 51 evidence items alongside IRS Form 990 data.

Financials

Filing year
2024
Total revenue
$995.6M
Total expenses
$975.2M
Total assets
$294.1M
Program expenses
$882.3M
Administration
$92.9M
Fundraising
$0
Program share of expenses
90%
EIN
42864973
Sector
Health
Location
Springfield, MA

Leadership and Compensation

Peter Banko Start 6124 - Chair/dir, Pres & CEO Bh
$1.7M
Mark A Keroack MD Term 531 - Chair/dir, Pres & CEO Bh
$1.6M
Richard Swift - Chief Executive Officer
$1.5M
Raymond Mccarthy - Director, SVP CFO Treas Bh
$1.3M
Lisa M Cohen - VP & Chief Financial Officer
$853K
Kate Mcintosh - Chief Medical Officer
$789K
Casey J Hossa - Chief Information Officer
$685K
Susan O Connor - VP & General Counsel
$577K
Shawn E Thamert - VP Of Sales & Chief Growth Officer
$451K
Tyler Hutchison - Chief Actuary, Sr. Dir, Healthcare Econ
$421K

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
7
Independent members
5

Grants

Grants to U.S. organizations and individuals
$447K

WWW.HEALTHNEWENGLAND.ORG

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Financial data on this page is sourced from IRS Form 990 filings.