Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: CENTRALIZED SVC FEES &

  total $65,408,886 · related or exempt $65,408,886

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $3,273,464 · program services $3,273,464

• 7 · Other salaries and wages

  total $23,719,619 · program services $23,719,619

• 8 · Pension plan contributions

  total $1,185,634 · program services $1,185,634

• 9 · Other employee benefits

  total $4,398,682 · program services $4,398,682

• 10 · Payroll taxes

  total $1,821,313 · program services $1,821,313

• 11a · Fees: management

  total $489 · program services $489

• 11b · Fees: legal

  total $1,218,811 · program services $1,218,811

• 11c · Fees: accounting

  total $656,121 · program services $656,121

• 11g · Fees: other

  total $2,809,678 · program services $2,809,678

• 12 · Advertising and promotion

  total $2,253,021 · program services $2,253,021

• 13 · Office expenses

  total $1,844,008 · program services $1,844,008

• 14 · Information technology

  total $19,536,084 · program services $19,536,084

• 16 · Occupancy

  total $950,240 · program services $950,240

• 17 · Travel

  total $136,011 · program services $136,011

• 23 · Insurance

  total -$68,588 · program services -$68,588

• 24a · Other expenses: EMPLOYEE RECRUITMENT

  total $1,193,152 · program services $1,193,152

• 24b · Other expenses: HR CONSULTING

  total $220,985 · program services $220,985

• 24c · Other expenses: LICENSES & DUES

  total $213,547 · program services $213,547

• 24d · Other expenses: EDUCATION SERVICES

  total $46,615 · program services $46,615

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $29,601 · end of year $81,156

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,764,721 · end of year $2,543,489

• 15 · Other assets

  beginning of year $10,820,615 · end of year $13,332,735

• 17 · Accounts payable and accrued expenses

  beginning of year $6,460,894 · end of year $7,311,142

• 19 · Deferred revenue

  beginning of year $37,000 · end of year $75,845

• 25 · Other liabilities

  beginning of year $7,117,043 · end of year $8,570,393

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

FORM 990, PART VIII AND SCHEDULE J, PART II

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 COMPANSATED FOR THEIR ROLES AS PHYSICIANS. COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES IS REVIEWED AND ESTABLISHED AT LEAST BIANNAUALLY 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 BENCHMARKS IDENTIFIED BY SUCH INDEPENDENT CONSULTANTS. IN THE REPORTING YEAR, THE GOVERNING BODY TARGETED BASE COMPENSATION FOR MANAGEMENT EMPLOYEES AT THE 50TH PERCENTILE OF APPROPRIATE BENCHMARKS.IN CALENDAR YEAR 2023, THE COMPENSATION FOR THE CEO WAS AT THE 40TH PERCENTILE FOR BASE PAY.

Related corporations and trusts

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

• TRI-STATE MEDICAL MANAGEMENT CORP

  C · REAL ESTATE MANAGEMENT · MA · 100% owned

  Directly controlled by FAIRVIEW HOSPITAL

• BERKSHIRE ORTHOPAEDIC ASSOCIATES INC

  C · HEALTH SERVICES · MA

• BERKSHIRE FAMILY PRACTICE ASSOCIATES PC

  C · HEALTH SERVICES · MA

• BERKSHIRE APOTHECARY INC

  C · RETAIL PHARMACY · MA · 100% owned

  Directly controlled by BERKSHIRE MEDICAL CENTER INC

• BERKSHIRE EAR NOSE THROAT AND AUDIOLOGICAL ASSOCIATES PC

  C · HEALTH SERVICES · MA