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Filing year 2023

Holyoke Medical Center Inc

Holyoke, Massachusetts·EIN 22-2520073·NTEE E220 · Health Care·501(c)(3)
Total revenue
$266.1M
Total assets
$129.3M
Total expenses
$264.7M
Reported officers
22
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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Massachusetts.

Orthopedic Surgeon
Highest Compensated Employee
Above 90th percentile
$976k
$1.1M
Base
$950k
Bonus
Other
Benefits
$22k
Pulmonologist
Highest Compensated Employee
Above 90th percentile
$966k
$1.1M
Base
$963k
Bonus
Other
Benefits
$3k
Urologist
Highest Compensated Employee
75th to 90th percentile
$948k
$1.1M
Base
$923k
Bonus
Other
Benefits
$22k
Obstetrician/gynecologist
Highest Compensated Employee
75th to 90th percentile
$872k
$974k
Base
$847k
Bonus
Other
Benefits
$22k
Cardiologist
Highest Compensated Employee
75th to 90th percentile
$824k
$920k
Base
$799k
Bonus
Other
Benefits
$22k
Director/medical Director
Board Member
Median to 75th percentile
$415k
$464k
Base
$374k
Bonus
Other
Benefits
$15k
Director/general Surgeon
Board Member
Median to 75th percentile
$381k
$425k
Base
$361k
Bonus
Other
Benefits
$17k
President & Ceo, Clerk
25th percentile to median
$77k
$86k
Treasurer & CFO
25th percentile to median
$48k
$54k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Holyoke Medical Center Inc equaled 0.4% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.4%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 15%
from 2022

From $1.2M in 2022 to $976k in 2023.

$1.2M
2022
$976k
2023
In today's dollarsEst.
Down 18% in real terms$1.3M to $1.1M

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 15% from 2022 to 2023, while revenue rose 8%.

$1.2M in 2022 to $976k in 2023.
  • Board Member pay fell 14% from 2022 to 2023.
  • Chief Executive Officer pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Holyoke Medical Center Inc

What does the Highest Compensated Employee of Holyoke Medical Center Inc earn?

In 2023, the Highest Compensated Employee of Holyoke Medical Center Inc received $975,704 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Holyoke Medical Center Inc compare with similar nonprofits?

Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Highest Compensated Employee at Holyoke Medical Center Inc falls in the top 10%. In 2023, the highest total compensation at Holyoke Medical Center Inc equaled 0.4% of the organization's total expenses. The median for health care organizations is 4%.

What are Holyoke Medical Center Inc's revenue and expenses?

In 2023, Holyoke Medical Center Inc reported $266.1M in total revenue and $264.7M in total expenses on its IRS Form 990.

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