Baystate Noble Hospital Corporation
Baystate Noble Hospital: Financial Stability Amidst Revenue Fluctuations
EIN: 222537423 · Westfield, MA · NTEE: E220 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $88.9M |
| Total Expenses | $81.0M |
| Program Spending | 85% |
| Net Assets | $25.2M |
| Transparency Score | 75/100 |
Is Baystate Noble Hospital Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Baystate Noble Hospital Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Baystate Noble Hospital Corporation
Baystate Noble Hospital Corporation (EIN: 222537423) is a nonprofit organization based in Westfield, MA, classified under NTEE code E220. The organization reported total revenue of $88.9M and total assets of $44.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baystate Noble Hospital Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baystate Noble Hospital Corporation is a major nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84.8M |
| Total Expenses | $81.0M |
| Surplus / Deficit | +$3.8M |
| Total Assets | $42.8M |
| Total Liabilities | $17.6M |
| Net Assets | $25.2M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 41.2% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Baystate Noble Hospital Corporation reported a surplus of $3.8M with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 41.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Baystate Noble Hospital Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.5% | -1.3% | +8.0% |
| 2022 | +9.7% | +19.4% | -28.7% |
| 2021 | +26.4% | +7.0% | +4.2% |
| 2020 | -1.6% | +6.8% | +10.0% |
| 2019 | -3.0% | +6.0% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Baystate Noble Hospital Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Baystate Noble Hospital Corporation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.2%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific salary data from the filings, which is not provided in the given dataset.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Baystate Noble Hospital Corporation's IRS 990 filings:
- Lack of detailed executive compensation information in the provided data.
- Consistent operating losses in several years (e.g., 202209: revenue $75,370,439 vs. expenses $82,053,665).
Strengths
The following positive indicators were identified for Baystate Noble Hospital Corporation:
- Significant asset growth from $39,647,250 in 2022 to $42,811,777 in 2023.
- Strong revenue growth from $54,386,743 in 2020 to $84,758,266 in 2023, indicating increasing operational scale.
- Maintained a positive asset base despite periods of operating losses.
Frequently Asked Questions about Baystate Noble Hospital Corporation
Is Baystate Noble Hospital Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Baystate Noble Hospital Corporation (EIN: 222537423) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Baystate Noble Hospital Corporation spend its money?
Baystate Noble Hospital Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Baystate Noble Hospital Corporation tax-deductible?
Baystate Noble Hospital Corporation is registered as a tax-exempt nonprofit (EIN: 222537423). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Baystate Noble Hospital Corporation's spending goes to programs?
Baystate Noble Hospital Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Baystate Noble Hospital Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Baystate Noble Hospital Corporation is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Baystate Noble Hospital Corporation located?
Baystate Noble Hospital Corporation is headquartered in Westfield, Massachusetts and files with the IRS under EIN 222537423. It is classified under NTEE code E220.
How many years of IRS 990 filings does Baystate Noble Hospital Corporation have?
Baystate Noble Hospital Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $88.9M in total revenue.
What does Baystate Noble Hospital Corporation do?
Baystate Noble Hospital Corporation is a nonprofit organization in the Health Care sector, located in Westfield, Massachusetts. It is classified under NTEE code E220.
How much revenue does Baystate Noble Hospital Corporation have?
Baystate Noble Hospital Corporation reported total revenue of $88,944,474. Based on 13 IRS 990 filings on record.
What are Baystate Noble Hospital Corporation's total assets?
Baystate Noble Hospital Corporation holds total assets of $44,205,788 as reported in IRS 990 filings.
Where is Baystate Noble Hospital Corporation located?
Baystate Noble Hospital Corporation is based in Westfield, Massachusetts.
What is Baystate Noble Hospital Corporation's EIN?
Baystate Noble Hospital Corporation's Employer Identification Number (EIN) is 222537423. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Baystate Noble Hospital Corporation?
Baystate Noble Hospital Corporation is classified under NTEE code E220 (Health Care).
Is Baystate Noble Hospital Corporation a registered 501(c)(3)?
Yes, Baystate Noble Hospital Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222537423.
Does Baystate Noble Hospital Corporation file IRS Form 990?
Yes, Baystate Noble Hospital Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Baystate Noble Hospital Corporation's revenue in 2023?
In the 202309 filing period, Baystate Noble Hospital Corporation reported total revenue of $84,758,266, total expenses of $80,972,738, and net assets of $42,811,777.
Is Baystate Noble Hospital Corporation's revenue growing or declining?
Baystate Noble Hospital Corporation's revenue is growing. Revenue went from $75,370,439 (202209) to $84,758,266 (202309), a +12.5% change. Based on 13 filings on record.
What is Baystate Noble Hospital Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Baystate Noble Hospital Corporation covers tax period 202309. It shows revenue of $84,758,266, expenses of $80,972,738, total assets of $42,811,777, and liabilities of $17,622,705.
How much does Baystate Noble Hospital Corporation spend on programs vs administration?
Based on IRS 990 analysis, Baystate Noble Hospital Corporation allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Baystate Noble Hospital Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Baystate Noble Hospital Corporation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Baystate Noble Hospital Corporation?
The following concerns were identified: Lack of detailed executive compensation information in the provided data.. Consistent operating losses in several years (e.g., 202209: revenue $75,370,439 vs. expenses $82,053,665).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Baystate Noble Hospital Corporation's strengths?
Positive indicators for Baystate Noble Hospital Corporation include: Significant asset growth from $39,647,250 in 2022 to $42,811,777 in 2023.. Strong revenue growth from $54,386,743 in 2020 to $84,758,266 in 2023, indicating increasing operational scale.. Maintained a positive asset base despite periods of operating losses.. These findings are derived from AI analysis of the organization's financial filings.
How does Baystate Noble Hospital Corporation compensate executives?
Executive compensation cannot be assessed without specific salary data from the filings, which is not provided in the given dataset. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the hospital manage to increase its assets despite recurring operational deficits in certain years?
The hospital likely relies on non-operating income, such as investment gains, donations, or capital contributions, to bolster its asset base even when operating expenses exceed operating revenues, as seen in 2022 where expenses were $82,053,665 against revenues of $75,370,439.
What factors contributed to the substantial revenue increase from $54,386,743 in 2020 to $84,758,266 in 2023?
The significant revenue increase could be attributed to several factors including increased patient volume post-pandemic, expansion of services, higher reimbursement rates, or successful fundraising initiatives. The jump from $54,386,743 in 2020 to $84,758,266 in 2023 represents a substantial recovery and growth period.
Filing History
IRS 990 filing history for Baystate Noble Hospital Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Baystate Noble Hospital Corporation's revenue has grown by 59.4%, moving from $53.2M to $84.8M. Total assets increased by 102.7% over the same period, from $21.1M to $42.8M. Total functional expenses rose by 48.2%, from $54.6M to $81.0M. In its most recent filing year (2023), Baystate Noble Hospital Corporation reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $17.6M in liabilities against $42.8M in assets (debt-to-asset ratio: 41.2%), resulting in net assets of $25.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84.8M | $81.0M | $42.8M | $17.6M | — | View 990 |
| 2022 | $75.4M | $82.1M | $39.6M | $18.9M | — | — |
| 2021 | $68.7M | $68.7M | $55.6M | $24.8M | — | View 990 |
| 2020 | $54.4M | $64.2M | $53.3M | $28.2M | — | — |
| 2019 | $55.3M | $60.1M | $48.5M | $33.8M | — | View 990 |
| 2018 | $57.0M | $56.7M | $41.0M | $24.2M | — | View 990 |
| 2017 | $56.5M | $57.0M | $58.2M | $51.3M | — | View 990 |
| 2016 | $61.3M | $57.9M | $31.5M | $29.2M | — | View 990 |
| 2015 | $58.9M | $58.2M | $29.6M | $27.8M | — | View 990 |
| 2014 | $57.0M | $55.5M | $26.1M | $29.1M | — | View 990 |
| 2013 | $55.2M | $54.3M | $25.6M | $27.5M | — | View 990 |
| 2012 | $54.7M | $53.0M | $24.3M | $37.3M | — | View 990 |
| 2011 | $53.2M | $54.6M | $21.1M | $34.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84.8M, expenses of $81.0M, and assets of $42.8M (revenue +12.5% year-over-year).
- 2022: Revenue of $75.4M, expenses of $82.1M, and assets of $39.6M (revenue +9.7% year-over-year).
- 2021: Revenue of $68.7M, expenses of $68.7M, and assets of $55.6M (revenue +26.4% year-over-year).
- 2020: Revenue of $54.4M, expenses of $64.2M, and assets of $53.3M (revenue -1.6% year-over-year).
- 2019: Revenue of $55.3M, expenses of $60.1M, and assets of $48.5M (revenue -3.0% year-over-year).
- 2018: Revenue of $57.0M, expenses of $56.7M, and assets of $41.0M (revenue +0.8% year-over-year).
- 2017: Revenue of $56.5M, expenses of $57.0M, and assets of $58.2M (revenue -7.8% year-over-year).
- 2016: Revenue of $61.3M, expenses of $57.9M, and assets of $31.5M (revenue +4.1% year-over-year).
- 2015: Revenue of $58.9M, expenses of $58.2M, and assets of $29.6M (revenue +3.3% year-over-year).
- 2014: Revenue of $57.0M, expenses of $55.5M, and assets of $26.1M (revenue +3.4% year-over-year).
- 2013: Revenue of $55.2M, expenses of $54.3M, and assets of $25.6M (revenue +0.8% year-over-year).
- 2012: Revenue of $54.7M, expenses of $53.0M, and assets of $24.3M (revenue +2.9% year-over-year).
- 2011: Revenue of $53.2M, expenses of $54.6M, and assets of $21.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baystate Noble Hospital Corporation:
Data Sources and Methodology
This transparency report for Baystate Noble Hospital Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.