Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $334,985

• 1e · Government grants (contributions)

  $493,893

• 1f · All other contributions, gifts and grants

  $1,634,146

• 1g · Noncash contributions included above

  $62,810

• 2a · Program service revenue: NET PATIENT SVC REVENUE

  total $88,544,315 · related or exempt $88,544,315

• 2b · Program service revenue: ANCILLARY SVCS & SALES

  total $7,434,533 · related or exempt $7,434,533

• 3 · Investment income

  total $838,194 · excluded $838,194

• 6a · Gross rents

  real property $76,860

• 6b · Less rental expenses

  real property $3,102

• 6c · Rental income or loss

  real property $73,758

• 6d · Net rental income or loss

  total $73,758 · excluded $73,758

• 7a · Gross sales of assets other than inventory

  securities $2,536,823

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

  securities $318,848

• 7c · Gain or loss

  securities $2,217,975

• 7d · Net gain or loss

  total $2,217,975 · excluded $2,217,975

• 8a · Fundraising events: gross income

  $74,100

• 8a · Fundraising events: contributions included on line 1c

  $334,985

• 8b · Fundraising events: direct expenses

  $74,100

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: CAFETERIA SALES

  total $143,525 · related or exempt $143,525

• 11b · Other revenue: INCENTIVE PAYMENT

  total $57,645 · related or exempt $57,645

• 11e · Other revenue, total

  $201,170

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $265,079 · program services $257,170 · management and general $7,354 · fundraising $555

• 7 · Other salaries and wages

  total $37,433,374 · program services $36,316,638 · management and general $1,038,403 · fundraising $78,333

• 8 · Pension plan contributions

  total $1,121,542 · program services $1,077,218 · management and general $44,324

• 9 · Other employee benefits

  total $3,930,652 · program services $3,828,455 · management and general $102,197

• 10 · Payroll taxes

  total $2,247,740 · program services $2,189,299 · management and general $58,441

• 11a · Fees: management

  total $6,336,248 · management and general $6,336,248

• 11b · Fees: legal

  total $73,834 · management and general $73,834

• 11d · Fees: lobbying

  total $13,826 · program services $13,826

• 11f · Fees: investment management

  total $6,063 · management and general $6,063

• 11g · Fees: other

  total $457,326 · program services $55,588 · management and general $401,738

• 12 · Advertising and promotion

  total $96,008 · program services $47,261 · management and general $1,262 · fundraising $47,485

• 13 · Office expenses

  total $308,960 · program services $295,775 · management and general $7,896 · fundraising $5,289

• 16 · Occupancy

  total $1,249,433 · program services $1,216,948 · management and general $32,485

• 17 · Travel

  total $88,519 · program services $86,217 · management and general $2,302

• 20 · Interest

  total $23,057 · program services $22,458 · management and general $599

• 22 · Depreciation, depletion and amortization

  total $2,427,264 · program services $2,364,311 · management and general $62,953

• 23 · Insurance

  total $466,452 · program services $454,324 · management and general $12,128

• 24a · Other expenses: PATIENT RELATED SUPPLY

  total $19,731,681 · program services $19,232,985 · management and general $485,801 · fundraising $12,895

• 24b · Other expenses: BAD DEBT

  total $2,718,444 · program services $2,718,443 · management and general $0 · fundraising $1

• 24c · Other expenses: MAINTENANCE & REPAIRS

  total $1,722,044 · program services $1,320,342 · management and general $401,702

• 24d · Other expenses: MINOR EQUIPMENT

  total $972,453 · program services $959,338 · management and general $13,098 · fundraising $17

• 24e · All other expenses

  total $761,374 · program services $754,757 · management and general $4,544 · fundraising $2,073

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,807,067 · end of year $116,407

• 2 · Savings and temporary cash investments

  beginning of year $38,132 · end of year $43,890

• 4 · Accounts receivable

  beginning of year $8,808,087 · end of year $9,524,350

• 8 · Inventories for sale or use

  beginning of year $1,206,605 · end of year $1,191,005

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,872 · end of year $10,154

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

  $48,530,443

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

  $37,070,132

• 10c · Land, buildings and equipment, net

  beginning of year $12,378,281 · end of year $11,460,311

• 11 · Investments: publicly traded securities

  beginning of year $28,899,217 · end of year $31,090,681

• 12 · Investments: other securities

  beginning of year $3,910,380 · end of year $5,437,945

• 15 · Other assets

  beginning of year $30,072,390 · end of year $46,184,343

• 17 · Accounts payable and accrued expenses

  beginning of year $5,044,618 · end of year $4,431,348

• 19 · Deferred revenue

  beginning of year $849,053 · end of year $1,803,370

• 20 · Tax-exempt bond liabilities

  beginning of year $2,723,763 · end of year $2,448,800

• 25 · Other liabilities

  beginning of year $16,183,704 · end of year $11,074,850

• 27 · Net assets without donor restrictions

  beginning of year $60,392,216 · end of year $78,919,817

• 28 · Net assets with donor restrictions

  beginning of year $5,937,677 · end of year $6,380,901

The filer's explanations (Part III)

FORM 990, PART VII AND SCHEDULE J (FORM 990), PART II

SUPPLEMENTAL COMPENSATION INFORMATION IN REFERENCE TO FORM 990, PART VII AND SCHEDULE J PART II, NO COMPENSATION IS PAID BY THE FILING ENTITY TO ANY DIRECTOR (TRUSTEE) FOR HIS OR HER ROLE AS DIRECTOR (TRUSTEE). THE OFFICERS OF THE FILING ENTITY ARE COMPENSATED FOR THEIR ROLES AS OFFICERS. PHYSICIANS WHO SERVE AS DIRECTOR (TRUSTEE) ARE COMPENSATED FOR THEIR ROLES AS PHYSICIANS. COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES IS REVIEWED AND ESTABLISHED AT LEAST BIANNUALLY BY THE INDEPENDENT VOLUNTEER GOVERNING BODY OF BERKSHIRE HEALTH SYSTEMS, INC. (PARENT ORGANIZATION OF THE FILING ENTITY), BASED ON PERFORMANCE REVIEWS AND COMPARISON TO INDEPENDENTLY ESTABLISHED, REGIONALLY APPROPRIATE BENCHMARKS FOR SIMILAR POSITIONS IN SIMILARLY SIZED HEALTHCARE ORGANIZATIONS, AS VERIFIED BY INDEPENDENT, NATIONALLY RECOGNIZED COMPENSATION CONSULTANTS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS SET IN ACCORDANCE WITH GOVERNING BODY ESTABLISHED PRINCIPLES BASED ON COMPARABLE BENCHMARK IDENTIFIED BY SUCH INDEPENDENT CONSULTANTS. IN THE REPORTING YEAR, THE GOVERNING BODY TARGETED BASE COMPENSATION FOR MANAGEMENT EMPLOYEES AT THE 60TH PERCENTILE OF APPROPRIATE.

Related corporations and trusts

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

• TRI-STATE MEDICAL MANAGEMENT CORPORATION

  C · REAL ESTATE MANAGEMENT · MA · 100% owned

  Directly controlled by FAIRVIEW HOSPITAL

• BERKSHIRE FAMILY PRACTICE ACCOCIATES PC

  C · HEALTHCARE SERVICES · MA

• BERKSHIRE ORTHOPAEDIC ASSOCIATES INC

  C · HEALTHCARE SERVICES · MA

• BERKSHIRE APOTHECARY INC

  C · RETAIL PHARMACY · MA · 100% owned

  Directly controlled by BERKSHIRE MEDICAL CENTER

• BERKSHIRE EAR NOSE THROAT AND AUDIOLOGICAL ASSOCIATES PC

  C · HEALTHCARE SERVICES · MA