Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $58,337

• 2a · Program service revenue: AFFILIATE SUPPORT

  total $173,393,977 · related or exempt $173,148,858 · unrelated business $245,119

• 3 · Investment income

  total $553,709 · excluded $553,709

• 7a · Gross sales of assets other than inventory

  securities $100,000

• 7b · Less cost or other basis and sales expenses

  securities $109,212

• 7c · Gain or loss

  securities -$9,212

• 7d · Net gain or loss

  total -$9,212 · excluded -$9,212

• 11a · Other revenue: WORKERS FOR REHAB

  total $1,330,468 · related or exempt $1,330,468

• 11b · Other revenue: PARTNERS FOR A HEALTH

  total $1,282,790 · related or exempt $1,282,790

• 11c · Other revenue: BAYCARE HEALTH PARTNER

  total $181,331 · unrelated business $181,331

• 11d · All other revenue

  total $21,733 · related or exempt $21,733

• 11e · Other revenue, total

  $2,816,322

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $10,551,430 · program services $9,049,362 · management and general $1,502,068

• 6 · Compensation of disqualified persons

  total $1,018,095 · program services $873,162 · management and general $144,933

• 7 · Other salaries and wages

  total $60,672,767 · program services $52,035,588 · management and general $8,637,179

• 8 · Pension plan contributions

  total $7,142,579 · program services $6,125,784 · management and general $1,016,795

• 9 · Other employee benefits

  total $5,123,546 · program services $4,394,174 · management and general $729,372

• 10 · Payroll taxes

  total $4,663,269 · program services $3,999,421 · management and general $663,848

• 11b · Fees: legal

  total $2,121,431 · management and general $2,121,431

• 11c · Fees: accounting

  total $34,500 · management and general $34,500

• 11g · Fees: other

  total $8,246,270 · program services $7,072,358 · management and general $1,173,912

• 12 · Advertising and promotion

  total $1,644,249 · program services $1,410,179 · management and general $234,070

• 13 · Office expenses

  total $343,217 · program services $294,358 · management and general $48,859

• 14 · Information technology

  total $64,634,462 · program services $55,433,308 · management and general $9,201,154

• 16 · Occupancy

  total $2,920,362 · program services $2,504,629 · management and general $415,733

• 17 · Travel

  total $190,486 · program services $163,369 · management and general $27,117

• 19 · Conferences, conventions and meetings

  total $721,894 · program services $619,127 · management and general $102,767

• 22 · Depreciation, depletion and amortization

  total $42,458 · program services $36,414 · management and general $6,044

• 23 · Insurance

  total $137,358 · program services $117,804 · management and general $19,554

• 24a · Other expenses: EQUIP. REPAIRS/SUPPLIES

  total $5,713,125 · program services $4,899,823 · management and general $813,302

• 24b · Other expenses: WORKERS COMP SERVICES

  total $1,032,205 · program services $885,264 · management and general $146,941

• 24c · Other expenses: DUES & MEMBERSHIP

  total $775,289 · program services $664,921 · management and general $110,368

• 24d · Other expenses: FEES, ACCRED, LICENSING

  total $486,338 · program services $417,104 · management and general $69,234

• 24e · All other expenses

  total $1,528,649 · program services $1,311,032 · management and general $217,617

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $10,364,406 · end of year $10,355,959

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $1,900,408 · end of year $2,075,530

• 8 · Inventories for sale or use

  beginning of year $848,663 · end of year $854,081

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,903,316 · end of year $11,991,833

• 10a · Land, buildings and equipment: cost or other basis

  $5,680,354

• 10b · Land, buildings and equipment: accumulated depreciation

  $5,613,930

• 10c · Land, buildings and equipment, net

  beginning of year $109,007 · end of year $66,424

• 15 · Other assets

  beginning of year $19,463,763 · end of year $19,276,933

• 17 · Accounts payable and accrued expenses

  beginning of year $41,924,624 · end of year $48,665,876

• 25 · Other liabilities

  beginning of year $31,687,946 · end of year $28,083,670

• 27 · Net assets without donor restrictions

  beginning of year -$30,023,007 · end of year -$32,128,786

The filer's explanations (Part III)

PART I, LINE 1A

TAX GROSS UP/ DISCRETIONARY SPENDING ACCOUNT - A FEW KEY EMPLOYEES WERE PROVIDED WITH REIMBURSEMENT FOR FINANCIAL, TAX AND ESTATE PLANNING, AND RELOCATION EXPENSES REQUIRING A TAX GROSS UP. THESE ITEMS WERE TREATED AS TAXABLE COMPENSATION AS APPROPRIATE IN ACCORDANCE WITH BAYSTATE'S WRITTEN POLICIES WHICH REQUIRE COMPLIANCE WITH THE IRS'S ACCOUNTABLE PLAN RULES.

PART I, LINE 3

THE COMPENSATION OF THE PRESIDENT IS REVIEWED AND DETERMINED ANNUALLY BY THE HUMAN RESOURCES COMMITTEE OF BAYSTATE HEALTH, INC. (THE PARENT ORGANIZATION OF THE HEALTH CARE SYSTEM TO WHICH THE FILING ORGANIZATION BELONGS). THE INDIVIDUALS RESPONSIBLE FOR DELIBERATING THE COMPENSATION ARRANGEMENT FOR THE PRESIDENT WOULD BE THOSE INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AND WOULD BE CONSIDERED INDEPENDENT FOR COMPENSATION DELIBERATION PURPOSES. THE COMPENSATION OF THE PRESIDENT IS ESTABLISHED BASED ON INFORMATION PROVIDED BY INDEPENDENT THIRD PARTY CONSULTANTS FOR REASONABLENESS AND APPROPRIATE COMPARABILITY DATA. THE COMPENSATION IS THEN ESTABLISHED, REVIEWED AND APPROVED BY THE DULY AUTHORIZED HUMAN RESOURCES COMMITTEE OF BAYSTATE HEALTH, INC. AND ALL SUCH DELIBERATIONS AND DECISIONS ARE DOCUMENTED CONTEMPORANEOUSLY.

PART I, LINE 4A:

A SEVERANCE AGREEMENT WAS IN PLACE BETWEEN BAYSTATE ADMINISTRATIVE SERVICES, INC. (BAS) AND KEY EXECUTIVES STATING THAT UNDER CERTAIN CIRCUMSTANCES THE EXECUTIVE WOULD RECEIVE COMPENSATION. MARION MCGOWAN RECEIVED $1,790,420 FROM BAS IN 2022. TEJAS GANDHI RECEIVED $445,058 FROM BAS IN 2022.

PART I, LINE 4B:

JANE ALBERT - TOTAL SUPPLEMENTAL RETIREMENT OF $35,235 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $31,035 EARNED AND PAID IN 2022 AND $4,200 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. ANDREW ARTENSTEIN, MD TOTAL SUPPLEMENTAL RETIREMENT OF $181,932 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $177,732 EARNED AND PAID IN 2022 AND $4,200 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. TINA BASCH - SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. RONALD P. BRYANT - SUPPLEMENTAL RETIREMENT OF $14,818 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $10,618 EARNED AND PAID IN 2022 AND $4,200 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. KEVIN CONWAY - SUPPLEMENTAL RETIREMENT OF $47,216 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. HOWARD S. GOLDBERG, MD - SUPPLEMENTAL RETIREMENT OF $7,596 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2022. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. MARK A. KEROACK, MD - SUPPLEMENTAL RETIREMENT OF $382,689 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $378,489 EARNED AND PAID IN 2022 AND $4,200 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. BETTY K. LARUE - SUPPLEMENTAL RETIREMENT OF $14,740 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $10,540 EARNED AND PAID IN 2022 AND $4,200 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. RAYMOND MCCARTHY - SUPPLEMENTAL RETIREMENT OF $175,124 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $170,924 EARNED AND PAID IN 2022 AND $4,200 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. MARION MCGOWAN SUPPLEMENTAL RETIREMENT OF $35,509 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2022. KRISTIN MORALES-LEMIEUX - SUPPLEMENTAL RETIREMENT OF $186,622 IS INCLUDED IN COLUMN B THIS AMOUNT CONSISTS OF $102,252 EARNED AND PAID IN 2022 AND $84,370 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. VANESSA L. SMITH - SUPPLEMENTAL RETIREMENT OF $114,375 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2022. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. DOUGLAS SALVADOR, MD - SUPPLEMENTAL RETIREMENT OF $115,942 IS INCLUDED IN COLUMN B. THIS AMOUNT CONSISTS OF $111,742 EARNED AND PAID IN 2022 AND $4,200 THAT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS FORMS 990 AND THAT IS CURRENTLY REPORTED AS TAXABLE INCOME. THE AMOUNT IS LISTED IN COLUMN F IN ACCORDANCE WITH REPORTING REQUIREMENTS. SUPPLEMENTAL RETIREMENT OF $4,575 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022. JOEL L. VENGCO - SUPPLEMENTAL RETIREMENT OF $3,318 IS INCLUDED IN COLUMN B. THIS AMOUNT WAS EARNED AND PAID IN 2022. SUPPLEMENTAL RETIREMENT OF $1,833 IS INCLUDED IN COLUMN C. THIS AMOUNT WAS EARNED IN 2022.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• HNE ADVISORY SERVICES INC

  C · ADMINISTRATIVE SERVICES · MA

• HNE INSURANCE SERVICES INC

  C · ANCILLIARY INSURANCE · MA

• INGRAHAM CORPORATION

  C · HEALTH CARE AND OTHER BUSINESS ACTIVITIES · MA

• HNE HOLDING CORPORATION

  C · HOLDING SHARES IN SUBSIDIARY CORPORATIONS · MA

• HNE INSURANCE COMPANY INC

  C · HEALTH INS SVCS FOR MASS MEDICARE SUPPLEMENT MEMBERS · MA

• BAYSTATE HEALTH INSURANCE COMPANY LTD

  C · OFFSHORE CAPTIVE INSURANCE · CJ