Massachusetts · Ranked 221 of 1033 by CEO pay.
Baystate Medical Center
Peter D Banko, Trustee/President & CEO - Bh. Fiscal year ending 2025-09.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Most of the reported compensation ($1,514,715 of $1,747,717) came from a related organization (Part VII column E) and was reported on this filing.
Also listed with a chief executive title in the same filings: Mark A Keroack MD, Former Trustee/President & CEO - Bh, $1,587,700. Where a chief executive retired during the year, the filing reports the final-year payout.
§1The filing
- Total revenue
- $2,233,242,532
- Total expenses
- $2,101,062,402
- Net assets
- $1,141,447,186
- Employees
- 14,213
- Hospitals covered
- 4 facilities across 4 filings
- Charity care, net
- $15,909,228
- Bad debt
- $14,875,063
- Medicare surplus (shortfall), as filed
- $23,767,760
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $1,514,715
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $233,002
- CEO total compensation (D+E+F)
- $1,747,717 to Peter D Banko
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Baystate Medical Center, EIN 04-2790311, fiscal year ending 2025-09, as published by the IRS. CEO identification: ceo title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($14.9M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Baystate Medical Center Inc | 04-2790311 | 2025-09 | $1.9B | $12.7M | 0.71% | 990 |
| Baystate Franklin Medical Center | 04-2103575 | 2025-09 | $146.4M | $1.1M | 0.80% | 990 |
| Baystate Wing Hospital Corporation | 22-2519813 | 2025-09 | $100.0M | $1.2M | 1.21% | 990 |
| Baystate Noble Hospital Corporation | 22-2537423 | 2025-09 | $86.1M | $901,694 | 1.10% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
§Share
