Community Health Foundation of Western Massachusetts Inc

EIN: 222568962 501(c)(3) Human Services

Holyoke, MA

Total Revenue
$8,441
Total Expenses
N/A
Total Assets
$1,418,329
Net Assets
$1,418,329
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MA
Principal Officer
Spiridon E Hatiras
Phone
4135345691
Tax Period
2023-10-01 to 2024-09-30

Community Health Foundation of Western Massachusetts Inc, founded in 1984, is a micro nonprofit in the Human Services sector that reported $8K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring.

Mission

The mission of the Community Health Foundation is to undertake activities which are for the sole benefit of Holyoke Visiting Nurse Association, Inc. and its affiliated corporations. Specifically, the Community Health Foundation shall: raise and invest funds for the benefit of Holyoke Visiting Nurse Association, Inc. and its affiliates; coordinate the multi-corporate system and the long range strategic planning for the corporations; support the growth and development of its corporate subsidiaries by whatever means deemed necessary; and act as the Member of each of its subsidiary corporations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,418
Program Service Revenue $0
Investment Income $23
Other Revenue $0
TOTAL REVENUE $8,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $8,441 $13,910 -0.4%
Expenses N/A $35 -1.0%
Net Income N/A $13,875 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
3
Employees
N/A
Volunteers
3

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,636,856
Total Directors
6
$1,920,187
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carl Cameron Director 1.00
Director
$0 $44,757 $523,264
Spiridon E Hatiras President & Clerk 1.00
Officer Director
$0 $76,706 $996,930
Dean Vitarisi Treasurer/CFO 1.00
Officer Director
$0 $48,263 $399,993
Bryarly Lehmann Director 1.00
Director
$0 $0 $0
Jon Lumbra Director 1.00
Director
$0 $0 $0
Eileen O'Leary-Sullivan Chairperson 1.00
Officer Director
$0 $0 $0
Brad Borbidge CPA Delegated Exec. & Finance 1.00
Officer
$0 $0 $68,900
April Bartley Executive Director 40.00
Officer
$0 $9,024 $171,033
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $8,441 No data $1,418,329 No data
2023 $13,910 $35 $1,409,888 $13,875
2022 $7,529 $35 $1,396,013 $7,494
2021 $17,992 $5 $1,388,519 $17,987
2020 $21,735 $51 $1,370,532 $21,684
2019 $18,890 $110 $1,348,848 $18,780
2018 $15,521 $31 $1,330,068 $15,490
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