David E. Phelps

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Pittsfield, MA - David E. Phelps is President & CEO of Berkshire Health Systems and Berkshire Health Care Systems.

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David E. Phelps is President & CEO of Berkshire Health Systems and Berkshire Health Care Systems.

Picture posted by Raymond Ovac on Nov 30 '11

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HellerCarbonCapN TradeLLC

Mclean, VA

#1 Dec 8, 2011
"Not Bad Work If You Can Get It"
By Dan Valenti,
Editor, PlanetValenti .com
FRIDAY, DEC. 2, 2011
According to (IRS) Form 990,(Berkshire Health Systems, Inc.) President David Phelps, takes a 'reportable compensation from related organizations' of $529,983. He also receives an 'Estimated amount of other compensation from the organization and related organizations' of $38,266. As treasurer, Darlene Rodowicz takes $323,664 and $35,298 from these two sources.
On p. 7 of the filing, where these amounts are listed, there is an entry for 'Average hours [of work] per week.' The document lists that Phelps and Rodowicz work 1.00 hours a week for their money. Assuming that they take no vacation and work 52 weeks (or 52 hours a year1), Phelps and Rodowicz give new meaning to the expression 'hard-earned.' They must be the hardest working people in Show Biz, now that the late, great James Brown has moved to heaven.
Elsewhere, Phelps appears to work a little harder. On Form 990, Schedule J, pages 23 and 24, Rodowicz’s filing reveals the following compensations for the BHS President:
BHS AFFILIATE — COMPENSATION FOR DAVID PHELPS
* Berkshire Medical Center,$293,922 paid to Phelps
* Fairview Hospital,$39,190
* Berkshire Faculty Services,$97,974
* Berkshire Indemnity Company,$19,595
* Berkshire Healthcare Systems,$29,396
* Bourne Management Systems, Greenfield Management Systems, New Bedford Management Systems, Northampton Management Systems, East Longmeadow Management Systems, Danvers Management Systems, Peabody Management Systems, South Yarmouth Management Systems, Berkshire Pennsylvania Inc., and Xenia East Management Systems —$2,351 apiece
* Willowood of Great Barrington,$4,702
* Willowood of North Adams and Willowood of Williamstown —$3,527 apiece
* Hillcreast Extended Cared Services,$8,230
* Berkshire Retirement Community,$11,757
* Berkshire Extended Care Services,$8,230
* Integri Nurse,$3,527
* Integriscript,$3,527
* Hospice Care in the Berkshires,$11,757
* Pittsfield Management Systems,$5,878
That’s not bad work if you can get it.
All things being equal, there’s nothing wrong or unethical about any of this. America is the land of the free and the home of the warriors of opportunity. We did for capitalism what China is doing for Socialism. We put it on the map as the economic force of difference.
The point is, of course, that BHS has mushroomed from simple, little Pittsfield General Hospital into a vast empire ruled by David Phelps. The empire has a de facto monopoly with respect to healthcare and medical services in Berkshire County. The company has enormous political power and influence simply because of its size and because of Phelps’ political connections. This combination, with a few secret ingredients, added to a carefully adjusted mix, can produce nitroglycerin. <<<<<
HellerCarbonCapN TradeLLC

Mclean, VA

#2 Dec 8, 2011
SEE:
planetvalenti .com/2011/12/anatomy-of-a-non- profits-tax-filing-or-why-the- heck-does-berkshire-health-sys tems-have-financial-holdings-i n-the-tax-haven-cayman-islands /
HellerCarbonCapN TradeLLC

Mclean, VA

#3 Dec 8, 2011
Or try this link:
tinyurl .com/6u29sdo
HellerCarbonCapN TradeLLC

Mclean, VA

#4 Dec 11, 2011
Still no response to any of Dan Valenti's excellent questions from anyone affiliated with Berkshire Health Systems.
Which, of all BHS assets in Berkshire County, are sheltered in Cayman Islands?
Curiouser and curiouser.
Perry Mason

Albany, NY

#5 Dec 11, 2011
HellerCarbonCapNTradeLLC wrote:
Still no response to any of Dan Valenti's excellent questions from anyone affiliated with Berkshire Health Systems.
Which, of all BHS assets in Berkshire County, are sheltered in Cayman Islands?
Curiouser and curiouser.
as their legal counsel I have told them to keep their big traps shut...we need to put the genie back in the bottle before the golden goose is slayed

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