Bhs Management Services Inc
- Assets
- $13.9m
- Revenue
- $69.1m
- Investments
- $0.0
- Employees
- 434
- Location
- Pittsfield, MA
- Founding
- 02/1989
- Data as of
- 09/2020
- EIN
- 22-2755258
Organization Overview
Bhs Management Services Inc is located in Pittsfield, MA. The organization was established in 1989. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 09/2021, Bhs Management Services Inc employed 434 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bhs Management Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2020, Bhs Management Services Inc generated $69.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $69.1m during the year ending 09/2020. While expenses have increased by 3.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE HEALTH & WELLNESS OF OUR COMMUNITY IN A WELCOMING, INCLUSIVE & PERSONALIZED ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
BHS MANAGEMENT SERVICES PROVIDES MANAGEMENT SERVICES AT COST TO NOT FOR PROFIT CORPORATIONS INCLUDING CONTROLLED AFFILIATES OF BERKSHIRE HEALTH SYSTEMS, INC. THIS COORDINATED EFFORT PROVIDES FINANCIAL ACCOUNTING AND ADMINISTRATIVE SERVICES WHICH ALLOWS THE SYSTEM TO OPERATE MORE EFFICIENTLY, REACT MORE QUICKLY AND PERFORM IN AN INTEGRATED MANNER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Phelps President | OfficerTrustee | 10 | $969,716 |
Darlene M Rodowicz Treasurer | Officer | 0.5 | $646,027 |
John F Rogers VP General Counsel | 10 | $591,223 | |
James Lederer Jr Chief Medical Officer | 10 | $550,030 | |
William C Jones Jr President/treasurer Ltc | Officer | 54 | $533,746 |
William Young Chief Information Officer | Officer | 1 | $378,544 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
It Savvy Software Maintenance | 9/29/21 | $1,755,160 |
Proper Connecions Llc Software Maintenance | 9/29/21 | $1,709,490 |
Medical Information Technology Software Maintenance | 9/29/21 | $1,236,254 |
Cain Hibbard And Myers Legal Services | 9/29/21 | $854,654 |
Encore Exchange Company Software Maintenance | 9/29/21 | $641,239 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,134,374 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,821,393 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,517,525 |
| Pension plan accruals and contributions | $1,531,119 |
| Other employee benefits | $4,824,256 |
| Payroll taxes | $2,155,066 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,399,993 |
| Fees for services: Accounting | $1,109,644 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,701,591 |
| Advertising and promotion | $1,856,891 |
| Office expenses | $2,710,445 |
| Information technology | $15,228,364 |
| Royalties | $0 |
| Occupancy | $1,247,703 |
| Travel | $154,852 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,098 |
| Insurance | $20,108 |
| All other expenses | $0 |
| Total functional expenses | $69,134,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,654 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,529,035 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,335,707 |
| Total assets | $13,878,058 |
| Accounts payable and accrued expenses | $8,136,260 |
| Grants payable | $0 |
| Deferred revenue | $67,904 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,673,894 |
| Total liabilities | $13,878,058 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clny Alliance Inc Westbury, NY | $6,584,050 | $105,064,561 |
Metropolitan Jewish Health System Inc Brooklyn, NY | $32,845,157 | $60,897,961 |
Bhs Management Services Inc Pittsfield, MA | $13,878,058 | $69,134,374 |
Capital Area Health Consortium Inc Farmington, CT | $8,150,693 | $60,880,369 |
Royal Charter Properties Inc New York, NY | $137,963,781 | $43,558,448 |
Msmc Residential Realty Llc New York, NY | $105,712,939 | $27,441,000 |
Network Recovery Services Inc New York, NY | $9,165,578 | $32,013,322 |
Bhcare Inc North Haven, CT | $6,550,561 | $27,847,123 |
Riverspring Services Corp Riverdale, NY | $5,653,690 | $21,974,474 |
North Shore-Lij Alliance Inc Westbury, NY | $6,390,042 | $18,631,414 |
St Josephs Health Center Properties Inc Syracuse, NY | $53,413,758 | $12,721,851 |
Foundation For Healthy Communities Concord, NH | $1,947,762 | $12,126,255 |