Civic Intelligence

Masswest Services Inc.

990 • Fiscal year 2023 • EIN 22-2515964

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 08, 2024

575 Beech StreetHolyoke, MA 01040-2223

(413) 534-2567

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.09x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

1208.29x

Higher debt load relative to revenue than 100% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

1st percentile

-197371%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

100th percentile

$980,821

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 5769535.3% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

54th percentile

3.3%

Faster asset growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

467%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$218,083

Up $6,988 (+3.3%) from 2022

Net Assets

Down

$197,542

Down $13,553 (-6.4%) from 2022

Liabilities

Up

$20,541

Up $20,541 from 2022

Revenue

Up

$17

Up $14 (+467%) from 2022

Expenses

Up

$33,570

Up $4,509 (+16%) from 2022

Net Income

Down

-$33,553

Down $4,495 (-15%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $309,988Liabilities 2011: $244,457Net Assets 2011: $65,5312011Assets 2012: $296,819Liabilities 2012: $232,293Net Assets 2012: $64,5262012Assets 2013: $285,100Liabilities 2013: $200,720Net Assets 2013: $84,3802013Assets 2014: $290,554Liabilities 2014: $182,940Net Assets 2014: $107,6142014Assets 2015: $290,242Liabilities 2015: $136,331Net Assets 2015: $153,9112015Assets 2016: $171,126Liabilities 2016: $65,261Net Assets 2016: $105,8652016Assets 2017: $123,834Liabilities 2017: $31,476Net Assets 2017: $92,3582017Assets 2018: $118,802Liabilities 2018: $14,046Net Assets 2018: $104,7562018Assets 2019: $117,541Liabilities 2019: $3,608Net Assets 2019: $113,9332019Assets 2020: $111,844Liabilities 2020: $1,295Net Assets 2020: $110,5492020Assets 2021: $103,903Liabilities 2021: $632Net Assets 2021: $103,2712021Assets 2022: $211,095Liabilities 2022: $0Net Assets 2022: $211,0952022Assets 2023: $218,083Liabilities 2023: $20,541Net Assets 2023: $197,5422023Assets 2024: $185,089Liabilities 2024: $1,428Net Assets 2024: $183,6612024

Highlighted filing

2023

Assets$218,083
Liabilities$20,541
Net Assets$197,542

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$50K$0-$50K-$100KRevenue 2011: -$2,096Expenses 2011: $43,831Net Income 2011: -$45,9272011Revenue 2012: -$1,573Expenses 2012: $41,974Net Income 2012: -$43,5472012Revenue 2013: $3Expenses 2013: $40,149Net Income 2013: -$40,1462013Revenue 2014: $1,823Expenses 2014: $48,589Net Income 2014: -$46,7662014Revenue 2015: $4Expenses 2015: $42,647Net Income 2015: -$42,6432015Revenue 2016: -$68,708Expenses 2016: $29,338Net Income 2016: -$98,0462016Revenue 2017: $4Expenses 2017: $28,511Net Income 2017: -$28,5072017Revenue 2018: $2Expenses 2018: $27,604Net Income 2018: -$27,6022018Revenue 2019: $2Expenses 2019: $24,825Net Income 2019: -$24,8232019Revenue 2020: $1Expenses 2020: $23,385Net Income 2020: -$23,3842020Revenue 2021: $0Expenses 2021: $24,278Net Income 2021: -$24,2782021Revenue 2022: $3Expenses 2022: $29,061Net Income 2022: -$29,0582022Revenue 2023: $17Expenses 2023: $33,570Net Income 2023: -$33,5532023Revenue 2024: $104Expenses 2024: $33,985Net Income 2024: -$33,8812024

Highlighted filing

2023

Revenue$17
Expenses$33,570
Net Income-$33,553
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 8, 2024
Return Version
2022v5.0
Gross Receipts
$17
Mission and Program Overview

Mission

To provide support to related medical service organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$209,555$196,827▼ $12,728
Savings and Temporary Cash Investments$1,540$21,256▲ $19,716
Total Assets$211,095$218,083▲ $6,988
Liabilities
Other Liabilities$0$20,541▲ $20,541
Total Liabilities$0$20,541▲ $20,541
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$211,095$197,542▼ $13,553
Total Net Assets Fund Balance$211,095$197,542▼ $13,553
Total Liabilities and Net Assets / Fund Balance$211,095$218,083▲ $6,988

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$171,827$83,258$255,085
Land$25,000-$25,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Spiridon E HatirasPresident & CEO, Clerk
Carl CameronDirector
Garry Bombardier MDDirector
Kartik Viswanathan MDDirector
Marcel MonizDirector
Dean VitarisiTreasurer & CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$17
Other Revenue
$0
Change in Net Assets
$-33,553

Audited Revenue Reconciliation

Revenue per Audited Statements
$17
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$17
Total Revenue per Form 990
$17
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,570
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$12,900--$12,900
Depreciation Depletion$12,728--$12,728
Fees for Services Management-$7,641-$7,641
Office Expenses-$301-$301
Total Functional Expenses$25,628$7,942$0$33,570

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$33,570
Total Expenses per Audited Statements$33,570
Total Expenses per Form 990$33,570
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Dues to affiliates$20,541
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Certain officers and directors of MassWest Services, Inc. are employed by a related tax-exempt organization which has common officers and/or directors. By virtue of this arrangement, certain individuals listed in Form 990, Part VII have a business relationship with one another.

Form 990, Part VI, Section A, line 6

The sole member of the Organization is Valley Health Systems, Inc.

Form 990, Part VI, Section A, line 7A

The president and treasurer of MassWest Services, Inc. are appointed by the president of Valley Health Systems, Inc. pursuant to a management services agreement with the Organization. Appointment of the president of the Organization is submitted to its board of directors for approval. The clerk of the Organization is elected by its board of directors. Valley Health Systems, Inc. elects the remaining members of the governing body of the Organization. Valley Health Systems, Inc. also has the power to remove any member of the governing body, with or without cause, at any time by giving written notice to such governing body member.

Form 990, Part VI, Section A, line 7B

Significant decisions of the governing body of MassWest Services, Inc. are subject to the approval of Valley Health Systems, Inc. as specified in the Organization's bylaws.

Form 990, Part VI, Section A, line 8B

There are no committees with the authority to act on behalf of the governing body of the Organization.

Form 990, Part VI, Section B, line 11B

A copy of MassWest Systems, Inc.'s Form 990 was provided to each voting member of the governing body prior to its filing with the Internal Revenue Service. The Form 990 was prepared with the assistance of an independent public accounting firm and thoroughly reviewed by the Senior Vice President of Finance and CFO and key financial staff of the Hospital prior to distibuting it to the governing body for review.

Form 990, Part VI, Section B, line 12C

The conflict of interest policy of MassWest Systems, Inc. (MWS) is monitored and enforced as part of the Valley Health Systems, Inc. System and is reviewed annually by the System's conflict of interest committee. MWS board members and officers complete and sign a conflict of interest questionnaire annually. All signed questionnaires are then submitted to MWS and to Valley Health Systems, Inc. (parent) for review and monitoring.

Form 990, Part VI, Section B, line 15

The compensation committee of the Valley Health System, Inc. utilizes a market compensation survey to recommend to the Board the approval of its determination of the appropriate compensation of the Chief Executive Officer. During that process, the Committee also reviews the compensation levels of other senior management and key employees of the System. These individuals are not members of the compensation committee and do not participate in this process. The CEO, as a member of the Board of VHS, does not participate in the approval process of that officer's compensation.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy, and financial statements of Valley Health Systems and Affiliates, which includes supplemental information of the filing entity, are available to the public upon request at the Organization's administrative office at 575 Beech Street, Holyoke, MA.

Filing and Contact Details

Filer

Filer Name
MassWest Services Inc
EIN
22-2515964
Phone
4135342567
Address
575 Beech Street, Holyoke, MA 01040-2223

Signing Officer

Name
Dean Vitarisi
Title
Treasurer & CFO
Phone
4135342567
Signed
2024-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Spiridon E Hatiras
Formed
1984
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Baker Newman & Noyes
Address
PO Box 507, Portland, ME 04112
Preparer
Connor Smart
Phone
2078792100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Equity Transfers from Affiliates 1,868,000. Equity Transfers to Affiliates -1,848,000.

Form 990, Part XII, Line 2C:

The audit process has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

The Organization and the member organizations are exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board (FASB), assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Estimated interest and penalties, if applicable, related to uncertain tax positions are included as a component of income tax expense. The Organization has evaluated the position taken on its filed tax returns. The Organization has concluded no uncertain income tax positions exist at September 30, 2023. The Organization's tax years from 2021 through 2023 are open and subject to examination.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Organization supports its supported organizations by owning and operating non-profit medical clinics affiliated with Valley Health Systems, Inc. and Holyoke Medical Center, Inc. to provide pediatric and family medicine services and other medical services to patients of Holyoke Medical Center and to residents of Holyoke Medical Center's service area. Additionally, the Organization treats Medicare and Medicaid patients and provides charity care to patients in accordance with its charity care policy. The Organization also participates in the educational programs of Holyoke Medical Center for its staff and for the community serviced by Holyoke Medical Center. Furthermore, the Organization engages generally in any activity which may lawfully be carried on by an organization which is organized under Chapter 180 of the General Laws of the Commonwealth of Massachusetts, as now in force or hereafter amended, and which is not inconsistent with the Organization's qualifications described in 501(c)(3) of the Internal Revenue Code as now in force or hereafter amended. During fiscal year September 30, 2023, the organization made an equity transfer to its supported organization, Western Mass Physician Associates, Inc. This amount approximates the amount of monetary support provided with respect to the above described support activities. Additionally, as MassWest Services' sole exempt purpose is to assist its related, supported organizations in the accomplishment of their charitable goals, all other administrative and operating expenses incurred by the MassWest Services have been disclosed on this Schedule A, Part I, Line 12, Column (vi) as other non-monetary support, as such costs, while paid by this filing Organization, are incurred to either directly or indirectly benefit the supported organizations.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1One organization listed on Schedule A, Part I, Line 12(g), Western Mass Physician Associates, Inc., is not listed by name in MassWest Services, Inc.'s (MWS) governing documents as a supported organization. However, Western Mass Physician Associates, Inc., by virtue of being a wholly-owned subsidiary of Valley Health Systems, Inc., represents a designated class of supported organzations that is mentioned in MWS's governing documents. Accordingly, MWS's bylaws stipulate its purpose is to: - Establish, own and operate non-profit medical clinics affiliated with Valley Health Systems, Inc. and Holyoke Medical Center, Inc.(HMC) to provide pediatric and family medicine and other medical services to patients of HMC and to residents of HMC's service area. - To treat Medicare and Medicaid patients and to provide charity care to patients in accordance with the charity care policy of the Corporation. - To participate in the educational programs of HMC for its staff and for the community served by HMC. To engage generally in any activity which may lawfully be carried on by an organization which is organized under Chapter 80 of the General Laws of the Commonwealth of Massachusetts, as now in force or hereafter amended, and which is not inconsistent with the corporation's qualification as an organization described in Section 501(c)(3) of the Internal Revenue Code as now in force or hereafter amended.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2For the fiscal year covered by this Form 990, control of MassWest Services, Inc. and its supported organizations were vested in the same persons that control by virtue of multiple shared board members and the same executive leadership. Furthermore, Valley Health Systems, Inc. (VHS) serves as the sole corporate member of the Organization and Holyoke Medical Center. MassWest Services, Inc. is the sole-corporate member of its other supported affiliated organization, Western Mass Physicians Associates, Inc. Pursuant to the Organization's bylaws the president and treasurer of MassWest Services, Inc. are appointed by the president of Valley Health Systems, Inc. pursuant to a management services agreement with the Organization. Appointment of the president of the Organization is submitted to its board of directors for approval. The clerk of the Organization is elected by its board of directors. Valley Health Systems, Inc. elects the remaining members of the governing body of the Organization. Valley Health Systems, Inc. also has the power to remove any member of the governing body, with or without cause, at any time by giving written notice to such governing body member.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 12g, Column v & Column vi:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section A, Line 1:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Part IV, Section C, Line 1:
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt033570
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0222520073
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1042103583
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2043202198
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd23
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt233570
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt21848000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Holyoke Medical Center
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Valley Health Systems
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2Western Mass Physician Assoc
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01848000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0171827
IRS990ScheduleD/BuildingsGrp/DepreciationAmt083258
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0255085
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt033570
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt025000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt025000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020541
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Dues to affiliates
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt017
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization and the member organizations are exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board (FASB), assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Estimated interest and penalties, if applicable, related to uncertain tax positions are included as a component of income tax expense. The Organization has evaluated the position taken on its filed tax returns. The Organization has concluded no uncertain income tax positions exist at September 30, 2023. The Organization's tax years from 2021 through 2023 are open and subject to examination.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0196827
IRS990ScheduleD/TotalExpensesPerForm990Amt033570
IRS990ScheduleD/TotalLiabilityAmt020541
IRS990ScheduleD/TotalRevenuePerForm990Amt017
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt017
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt033570
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0907453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1470369
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2338495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3338192
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4230276
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5180714
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt051770
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt129019
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt22900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt42274
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt52029
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021598
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt118160
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt225091
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt325084
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt412328
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt513802
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Spiridon E Hatiras
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Carl Cameron
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Kartik Viswanathan MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Dean Vitarisi
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4Garry Bombardier MD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5Marcel Moniz
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO, Clerk
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Treasurer & CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0980821
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1517548
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2366486
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3363276
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt4244878
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt5196545
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The compensation for the Organization's CEO was established by a related organization, Valley Health Systems, Inc. That organization established the CEO's compensation by using a compensation committee and a compensation study. The compensation was also approved by the System's compensation committee.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1Holyoke Medical Center adopted a 457(f) non-qualified deferred compensation plan that became effective as of July 1, 2017. The Plan allows for eligible individuals and employees of the Medical Center to receive benefits under the Plan until the attainment of age 65. Non-elective contributions made for a Plan participant are tracked and will vest separately based on anniversaries of participants' employment. Each contribution will be 0% vested until the participant reaches the end of their second year of employment after each contribution. Each contribution will become 100% vested as of the last day of the 2nd year of a participant's employment, if the participant is still employed on that date. Only eligible employees are participants in the plan, and the plan does not allow for employee elective deferrals or employer matches. For the 2022 Tax Year, the following listed individuals received 457(f) contributions under the plan: Spiros Hatiras, $48,870; amd Carl Cameron, $28,000.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 4b
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Certain officers and directors of MassWest Services, Inc. are employed by a related tax-exempt organization which has common officers and/or directors. By virtue of this arrangement, certain individuals listed in Form 990, Part VII have a business relationship with one another.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The sole member of the Organization is Valley Health Systems, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The president and treasurer of MassWest Services, Inc. are appointed by the president of Valley Health Systems, Inc. pursuant to a management services agreement with the Organization. Appointment of the president of the Organization is submitted to its board of directors for approval. The clerk of the Organization is elected by its board of directors. Valley Health Systems, Inc. elects the remaining members of the governing body of the Organization. Valley Health Systems, Inc. also has the power to remove any member of the governing body, with or without cause, at any time by giving written notice to such governing body member.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Significant decisions of the governing body of MassWest Services, Inc. are subject to the approval of Valley Health Systems, Inc. as specified in the Organization's bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4There are no committees with the authority to act on behalf of the governing body of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A copy of MassWest Systems, Inc.'s Form 990 was provided to each voting member of the governing body prior to its filing with the Internal Revenue Service. The Form 990 was prepared with the assistance of an independent public accounting firm and thoroughly reviewed by the Senior Vice President of Finance and CFO and key financial staff of the Hospital prior to distibuting it to the governing body for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The conflict of interest policy of MassWest Systems, Inc. (MWS) is monitored and enforced as part of the Valley Health Systems, Inc. System and is reviewed annually by the System's conflict of interest committee. MWS board members and officers complete and sign a conflict of interest questionnaire annually. All signed questionnaires are then submitted to MWS and to Valley Health Systems, Inc. (parent) for review and monitoring.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The compensation committee of the Valley Health System, Inc. utilizes a market compensation survey to recommend to the Board the approval of its determination of the appropriate compensation of the Chief Executive Officer. During that process, the Committee also reviews the compensation levels of other senior management and key employees of the System. These individuals are not members of the compensation committee and do not participate in this process. The CEO, as a member of the Board of VHS, does not participate in the approval process of that officer's compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The governing documents, conflict of interest policy, and financial statements of Valley Health Systems and Affiliates, which includes supplemental information of the filing entity, are available to the public upon request at the Organization's administrative office at 575 Beech Street, Holyoke, MA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Equity Transfers from Affiliates 1,868,000. Equity Transfers to Affiliates -1,848,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10The audit process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.85$0.01$1.84$0.00$0.34$0.34
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.21$1.98$0.00$0.34$0.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.00$2.11$0.00$0.29$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.01$1.03$0.00$0.24$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.01$1.11$0.00$0.23$0.23
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.04$1.14$0.00$0.25$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.14$1.05$0.00$0.28$0.28
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.31$0.92$0.00$0.29$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$0.65$1.06$0.69$0.29$0.98
2015Detailed filing. Detailed filing data is available for this year.$2.90$1.36$1.54$0.00$0.43$0.43
2014Detailed filing. Detailed filing data is available for this year.$2.91$1.83$1.08$0.02$0.49$0.47
2013Summary only. Only limited summary data is available for this year.$2.85$2.01$0.84$0.00$0.40$0.40
2012Summary only. Only limited summary data is available for this year.$2.97$2.32$0.65$0.02$0.42$0.44
2011Summary only. Only limited summary data is available for this year.$3.10$2.44$0.66$0.02$0.44$0.46