2022-11-05T19:15:29-05:00 2021-12-31 ERNST & YOUNG US LLP 1 MANHATTAN WEST NEW YORK NY 10001 990 2021-01-01 133547502 EAST 17TH STREET PROPERTIES INC % STACEY RESK EAST 6466054217 150 EAST 42ND STREET NEW YORK NY 10017 STEPHEN HARVEY SVP, SYSTEM CFO 2126598888 2022-11-03 true STEPHEN HARVEY 999009999 Nicole M Sokolowski P01683199 2127733000 2 2021 2022-09-23 18:48:47Z STEPHEN HARVEY 150 EAST 42ND STREET NEW YORK NY 10017 590655 false X N/A X 1989 NY PROVIDES SUPPORT AND BENEFIT FOR BETH ISRAEL MEDICAL CENTER THROUGH THE OWNERSHIP OF CERTAIN REAL ESTATE PROPERTIES THAT SERVE THE MEDICAL CENTER IN ITS CHARITABLE ACTIVITIES. 5 4 0 0 0 0 0 0 589612 590655 0 0 0 0 589612 590655 0 0 0 0 70200 64867 0 0 0 1311750 1445084 1381950 1509951 -792338 -919296 32866488 31884343 598771 535922 32267717 31348421 EAST 17TH STREET PROPERTIES, INC. PROVIDES SUPPORT AND BENEFIT FOR BETH ISRAEL MEDICAL CENTER THROUGH THE OWNERSHIP OF CERTAIN REAL ESTATE PROPERTIES THAT SERVE THE MEDICAL CENTER IN ITS CHARITABLE ACTIVITIES. false false 1093995 0 590655 THE ORGANIZATION PROVIDES HOUSING TO DOCTORS, NURSES AND OTHER MEDICAL STAFF, WHO IN TURN PROVIDE SERVICES TO BETH ISRAEL MEDICAL CENTER AND ITS 501(C)(3) AFFILIATES. THE ORGANIZATION LEASES OFFICE AND CLINICAL SPACE TO BETH ISRAEL MEDICAL CENTER. 1093995 true false false false false false false false false false true false false true true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 5 4 false false false false true true true true true false false true true true true true true false false false NY X STACEY RESK 6466054224 150 EAST 42ND STREET 5TH FLOOR NEW YORK NY 10017 KENNETH DAVIS MD 1 DIRECTOR 0.5 59.5 X 0 5588625 81102 JEREMY BOAL 1 DIRECTOR 0.5 59.5 X 0 1921572 83566 BETH ESSIG 1 ASST. SECRETARY 0.5 59.5 X 0 1692779 29282 KENNETH HOLDEN 1 VICE CHAIR 0.5 59.5 X 0 820121 58190 DONALD T SCANLON FORMER OFFICER 0.0 0.0 X 0 115000 0 JEFF T BLAU DIRECTOR 1.0 18.0 X 0 0 0 MICHAEL MINIKES DIRECTOR 1.0 24.0 X 0 0 0 JOEL I PICKET DIRECTOR 1.0 18.0 X 0 0 0 RICHARD RAVITCH director 1.0 18.0 X 0 0 0 0 10138097 252140 0 true true false CROTHALL HEALTHCARE INC 13028 COLLECTION CENTER DRIVE CHICAGO IL 60693 Housekeeping/EVS 150173 ALPHA RESTORATION PAINTING INC 24-70 46TH ST QUEENS NY 11103 BUILDING RESTORATION 384535 2 0 RENTAL INCOME 531190 590655 590655 590655 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 590655 590655 0 0 0 0 0 0 0 64867 64867 0 0 0 0 0 0 0 0 0 595172 595172 0 12662 8060 4602 0 0 590894 269082 321812 0 0 0 0 0 239480 149938 89542 6876 6876 1509951 1093995 415956 0 162431 182420 0 0 0 0 4857 14724 0 0 0 0 0 0 0 0 156122 163280 9147406 8994610 392276 152796 0 0 0 0 0 0 0 0 32150802 31371123 32866488 31884343 299608 292177 0 0 0 0 0 0 0 0 0 0 0 0 0 0 299163 243745 598771 535922 X 32267717 31348421 0 0 32267717 31348421 32866488 31884343 -919296 X false true X true false X 0 0 0 0 0 0 1054233 1111297 729410 589612 590655 4075207 844 157 1001 0 0 1055077 1111454 729410 589612 590655 4076208 0 412661 389161 389414 306687 360785 1858708 412661 389161 389414 306687 360785 1858708 2217500 0 0 0 0 0 1055077 1111454 729410 589612 590655 4076208 0.54401 0.67962 0.00000 0.00000 X 222500 222500 8329395 8399932 -70537 460864 460864 134647 133814 833 152796 DUE TO/FROM AFFILIATES 31176337 TENANT SECURITY DEPOSITS 194786 31371123 0 TENANT SECURITY DEPOSITS 243745 243745 false false false false false false false false false KENNETH DAVIS MD 1 DIRECTOR 0 2400000 0 1500000 0 1688625 0 29000 0 52102 0 5669727 0 0 BETH ESSIG 1 ASST. SECRETARY 0 1200000 0 399000 0 93779 0 29000 0 282 0 1722061 0 0 KENNETH HOLDEN 1 VICE CHAIR 0 630000 0 118750 0 71371 0 29000 0 29190 0 878311 0 0 JEREMY BOAL 1 DIRECTOR 0 1024999 0 190000 0 706573 0 29000 0 54566 0 2005138 0 0 DONALD T SCANLON FORMER OFFICER 0 115000 0 0 0 0 0 0 0 0 0 115000 0 0 PART I, LINE 3 - METHODS TO ESTABLISH COMPENSATION BY RELATED ORGANIZATION THE FOLLOWING METHODS ARE USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. SUPPLEMENTAL INFORMATION COMPENSATION FOOTNOTES: OFFICERS OF THE BOARD OF TRUSTEES HOURS REFLECT SERVICE TO ALL RELATED ORGANIZATIONS OF MOUNT SINAI HEALTH SYSTEM. OTHER REPORTABLE COMPENSATION FOR OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES AS IDENTIFIED IN THE FORM 990, PART VII, AND LISTED ON SCHEDULE J MAY INCLUDE VARIOUS TYPES OF SUPPLEMENTAL WAGES. PART VII, SECTION A & SCHEDULE J COMPENSATION FOOTNOTES (1) COMPENSATION AND BENEFITS ARE FUNDED FROM THE MOUNT SINAI HOSPITAL, ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, BETH ISRAEL MEDICAL CENTER, ST. LUKE'S-ROOSEVELT HOSPITAL CENTER, AND/OR NEW YORK EYE AND EAR INFIRMARY. FORM 990, PART VI, LINE 6 - MEMBERS OF THE ORGANIZATION THE ORGANIZATION HAS A SOLE CORPORATE MEMBER, BIMC HOLDING CORPORATION, WHICH IS A NOT-FOR-PROFIT CORPORATION. FORM 990, PART VI, LINE 7A - ELECTION OF THE GOVERNING BODY THE SOLE CORPORATE MEMBER ELECTS THE GOVERNING BODY OF THE ORGANIZATION. FORM 990, PART VI, LINE 7B - DECISIONS OF THE GOVERNING BODY THE MEMBER MUST APPROVE ANY AMENDMENTS TO THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, LINE 11B - FORM 990 PROVIDED TO GOVERNING BODY The Finance Department gathered the relevant information and prepared the tax returns. The Tax department of our outside auditors, Ernst & Young (EY), participated in the preparation of, and reviewed, all tax returns. A questionnaire was circulated to all trustees, directors, officers and key employees in order to elicit the information required to be reported on the tax returns. The Trustee Conflicts of Interest Review Committee reviewed the responses provided by trustees and certain officers in the questionnaires and assessed additional pertinent facts gathered by the institution in order to evaluate the applicability of IRS reporting requirements. The Review Committee then determined the appropriate trustee (and certain officer disclosures that should be made on Form 990 based on the recommendations of the Finance Department, the General Counsel's office and the Audit and Compliance Department. These recommendations were reviewed and approved by EY. The same process as conducted by the Finance Department, the General Counsel's office, the Audit and Compliance Department and EY with respect to the questionnaires submitted by other officers and key employees. The Audit and Compliance Committee of the Board of Trustees conducted a review of the entire tax return, with the participation of EY, the Finance Department, the General Counsel's office, and the Audit and Compliance Department. The Audit Committee approved the tax returns as presented. The Audit Committee's report of its review of the tax returns and its recommendation to file the returns were presented to, and accepted by, the Executive Committee of the Board of Trustees (the "Executive Committee"). In addition to authorizing the filing of the tax returns, the Executive Committee directed that the returns, which will be filed on or before November 15, 2022, be provided to all trustees via the trustees' confidential website, and those returns were so provided before being filed. FORM 990, PART VI, LINE 12C - CONFLICT OF INTEREST POLICY Compliance with the Organization's Business Conflicts of Interest Policy (the "Policy") is required of trustees, employees, medical staff and non-employee members of institutional committees and includes an ongoing duty to disclose potential conflicts. Compliance with the Policy is monitored and enforced regularly and consistently. All disclosures with the potential for conflict are reviewed by an appropriate committee where they are carefully evaluated. When appropriate, a plan, which may involve measures including, but not limited to, recusal from participating in affected transactions, is developed to manage the potential conflict. FORM 990, PART VI, LINE 15A & 15B - Compensation policy Process for determination of compensation The Compensation, Employee Benefits and Employee Relations Committee of the Board of Trustees (the "Compensation Committee") determines the compensation for the CEO and other executives, including physician leaders, who are or may be "disqualified persons" as that term is defined in IRC Section 4958. The Compensation Committee also reviews the compensation of other senior and/or highly compensated personnel. The Compensation Committees' Operating Procedures are designed to ensure that the compensation of all such officers and key employees is reasonable (i.e. the value of services is the amount that would ordinarily be paid for like services by like enterprises under like circumstances), and with respect to "disqualified persons" to follow the specific steps outlined in the IRC regulations for establishing the rebuttable presumption of reasonableness that a transaction is not an excess benefit transaction. The Compensation Committee consists exclusively of independent trustees without any conflict of interest (as defined in the applicable IRC regulations) with regard to the compensation arrangements being reviewed or approved. The absence of any conflict of interest with respect to items on that meeting's agenda is confirmed at the beginning of each meeting of the Compensation Committee. The Compensation Committee selects and engages an independent, qualified compensation consultant which performs such valuations on a regular basis to provide appropriate comparability data. Comparability data includes, but is not limited to, compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions; the availability of similar services in Mount Sinai's geographic area; current compensation surveys compiled by independent firms; customized surveys in specific circumstances, and actual written offers from similar institutions competing for the services of the disqualified person. The sources of the comparability data used by the compensation consultant are provided to the Compensation Committee. In appropriate circumstances formal written opinions are obtained from the Compensation Consultant. With respect to "Executives" as they are defined in the policy which includes all of the institution's "disqualified persons," the Compensation Committee receives and reviews the comparability data and any analysis provided by the Compensation Consultant, as well as information provided by management, or in the case of the CEO, by the Co-Chairmen of the Board of Trustees, including information about the individual's performance, and for new employees, the individual's job description. When a written opinion is obtained from the Compensation Consultant, that written opinion is also reviewed by the Compensation Committee. After considering all of the facts, the Compensation Committee then determines the appropriate compensation in relation to the comparability data and in light of the written opinion, recommendations of the Compensation Consultant. As more fully set forth in the Compensation Committee's Operating Guidelines, the Compensation Committee also reviews the compensation arrangements for those other senior management and/or highly compensated personnel who are not "Executives." The Compensation Committee is provided details of the compensation arrangement of the individual's job and job performance, the benchmark(s) used and, in certain cases, a description of the role of the Compensation Consultant and a brief description of why the arrangement is appropriate. The Compensation Committee contemporaneously documents in written minutes the terms of the transaction that was approved and the date it was approved; the members of the Compensation Committee who were present; the discussion at the Compensation Committee meeting; the comparability data and any other information obtained and relied on; how the comparability data was obtained; and the Compensation Committee's basis for the decisions, if the approved compensation is outside the range of comparability data. These minutes are prepared before the later of the next meeting of the Compensation Committee or 60 days after the final actions of the Compensation Committee are taken with respect to the compensation decisions made. The minutes are reviewed and approved by the Compensation Committee within a reasonable time thereafter. FORM 990, PART VI, LINE 19 - DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION The organization makes its Business Conflicts of Interest Policy available on its website(www.mountsinai.org) and makes its governing documents and financial statements available upon request. FORM 990 PART IX LINE 11G DESCRIPTION:OUTSIDE BUILDING SERVICES TOTAL FEES:304500 FORM 990 PART IX LINE 11G DESCRIPTION:OUTSIDE SERVICES/CONTRACT SVCS TOTAL FEES:109138 FORM 990 PART IX LINE 11G DESCRIPTION:HOUSEKEEPING ENVIROMENTAL TOTAL FEES:150173 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER TOTAL FEES:31361 CONTINUUM HEALTH PARTNERS INC 150 EAST 42ND STREET NEW YORK NY 10017 133939476 HOLDING CO NY 501(C)(3) 12 TYPE I NA false BETH ISRAEL MEDICAL CENTER FIRST AVENUE AT 16TH STREET NEW YORK NY 10003 135564934 HOSPITAL NY 501(C)(3) 3 MSHG false BIMC HOLDING CORPORATION FIRST AVENUE AT 16TH STREET NEW YORK NY 10003 133444730 HOLDING CO NY 501(C)(3) 12 TYPE I BIMC false MOUNT SINAI AMBULATORY VENTURES INC 150 EAST 42ND STREET NEW YORK NY 10017 133838460 SURGICENTER NY 501(C)(3) 3 BIMC HOLDCO false BI NURSING HOME COMPANY 327 EAST 17TH STREET NEW YORK NY 10003 133627753 NURSING HOME NY 501(C)(3) 3 BIMC HOLDCO false LONG ISLAND COLLEGE HOSPITAL 150 EAST 42ND STREET NEW YORK NY 10017 111018985 HOSPITAL NY 501(C)(3) 3 CHP false ST LUKE'S-ROOSEVELT HOSPITAL CENTER 1111 AMSTERDAM AVENUE NEW YORK NY 10025 132997301 HOSPITAL NY 501(C)(3) 3 MSHG false AUGUSTUS & JAMES CORPORATION 150 EAST 42ND STREET NEW YORK NY 10017 133392851 REAL ESTATE NY 501(C)(3) 12 TYPE I SLR false ST LUKE'S-ROOSEVELT INSTITUTE FOR HEALTH 1111 AMSTERDAM AVENUE NEW YORK NY 10025 132914343 RESEARCH NY 501(C)(3) 4 SLR false NEW YORK EYE AND EAR INFIRMARY 310 EAST 14TH STREET NEW YORK NY 10003 135562304 HOSPITAL NY 501(C)(3) 3 MSHG false NEW YORK EYE & EAR INFIRMARY FOUNDATION 310 EAST 14TH STREET NEW YORK NY 10003 134012469 PRIVATE FDN NY 501(C)(3) PF NYEE false NYEEI HOUSING COMPANY INC 317-327 EAST 13TH STREET NEW YORK NY 10003 311696826 REAL ESTATE NY 501(C)(2) N/A NYEE false BETH ISRAEL MEDICAL CENTER FDN INC 150 EAST 42ND STREET NEW YORK NY 10017 300571387 FUNDRAISING NY 501(C)(3) 7 BIMC false ST LUKE'S-ROSEVELT HOSPITAL CENTER FDN 150 EAST 42ND STREET NEW YORK NY 10017 300571390 FUNDRAISING NY 501(C)(3) 7 SLR false MOUNT SINAI MEDICAL CENTER INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136271888 SUPPORT NY 501(C)(3) 12 TYPE II MSHS false MOUNT SINAI HOSPITAL ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 131624096 HOSPITAL NY 501(C)(3) 3 MSHG false MITRAL FOUNDATION 1190 FIFTH AVENUE NEW YORK NY 10029 800468600 RESEARCH NY 501(C)(3) 12 TYPE I ISMMS false MOUNT SINAI CHILDREN'S CENTER FND ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 223059294 SUPPORT NY 501(C)(3) 12 TYPE I ISMMS false MSMC REALTY CORPORATION ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 133852596 REAL ESTATE NY 501(C)(3) 12 TYPE I SEE PART VII false MSMC RESIDENTIAL REALTY LLC 1425 MADISON AVENUE NEW YORK NY 10029 200244426 REAL ESTATE NY 501(C)(3) 12 TYPE I SEE PART VII false MSMC RESIDENTIAL REALTY MANAGER INC 1425 MADISON AVENUE NEW YORK NY 10029 201289396 MANAGEMENT NY 501(C)(3) 12 TYPE II SEE PART VII false VALENTIN FUSTER MT SIANI FND FOR SCIENCE ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 800952088 SUPPORT NY 501(C)(3) 12 TYPE I ISMMS & MSH false MOUNT SINAI HEALTH SYSTEM INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 464248304 HOLDING CO NY 501(C)(3) 12 TYPE II NA false MOUNT SINAI HOSPITAL GROUP INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 464242915 HOLDING CO NY 501(C)(3) 12 TYPE II MSHS false ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136171197 SCHOOL NY 501(C)(3) 2 MSHS false MOUNT SINAI HEALTH PARTNERS PC 150 EAST 42ND STREET 5TH FLR NEW YORK NY 10017 812057452 HEALTHCARE NY 501 (C)(3) 10 MSH false SOUTH NASSAU COMMUNITIES HOSPITAL INC ONE HEALTHY WAY OCEANSIDE NY 11572 111352310 HOSPITAL NY 501(C)(3) 3 MSHG false MOUNT SINAI SELF INSURANCE TRUST 150 EAST 42ND STREET NEW YORK NY 10017 823994798 SUPPORT NY 501(C)(3) 12 TYPE II MSHS false EAST 98TH STREET COMMUNITY SERVICES INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 822536805 AMB SRGY CNTR NY 501(C)(3) 3 ISMMS true BACHMANN-STRAUSS DYSTONIA FOUNDATION INC 150 East 42nd Street New York NY 10017 133804248 FUNDRAISING NY 501(c)(3) 7 MSHS true CARE CONTINUUM VENTURES INC ONE GUSTAVE L LEVY PLACE New York NY 10029 863155355 support NY 501(c)(3) 12 TYPE II MSHS true GREATER METROPOLITAN IPA II 150 EAST 42ND STREET NEW YORK NY 10017 133977019 INACTIVE NY BIMCSLR C false GREATER METROPOLITAN IPA V 150 EAST 42ND STREET NEW YORK NY 10017 134141695 INACTIVE NY BIMCSLR C false MANHATTAN MANAGEMENT SERVICES 1780 BROADWAY 7TH FL NEW YORK NY 10019 133618543 MGMT SERVICES NY SLR C false SLR MANAGEMENT SERVICES 150 EAST 42ND STREET NEW YORK NY 10017 133853145 MGMT SERVICES NY SLR C false WEST CARE MEDICAL PC 150 EAST 42ND STREET NEW YORK NY 10017 133811203 INACTIVE NY SLR C false MOUNT SINAI HC VENTURES INC 150 EAST 42ND STREET NEW YORK NY 10017 460953126 HEALTH CARE M NY BIMC HOLDCO C false MOUNT SINAI GENOMICS INC 1425 MADISON AVE NEW YORK NY 10029 475349024 CLINICAL LAB DE ISMMS C false HIBER-CELL INC 850 NEW BURTON ROAD SUITE 201 DOVER DE 19904 820608182 CLINICAL LAB DE ISMMS C false AMATHUS THERAPEUTICS INC 1506 BOSTON PROVIDENCE HIGHWAY STE NORWOOD MA 02062 814373501 BIOTECH/PHARM MA ISMMS C false false false false false false false false false false true false false false true true true false true false SCHEDULE R, PART II, COLUMN (F) - MSMC REALTY CORPORATION DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, MOUNT SINAI HOSPITAL AND MSMC REALTY CORPORATION ARE ALL MEMBERS OF THIS ENTITY. SCHEDULE R, PART II, COLUMN (F) - MSMC RESIDENTIAL REALTY LLC DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, MOUNT SINAI HOSPITAL, MSMC REALTY CORPORATION AND MSMC RESIDENTIAL REALTY MANAGER, INC. ARE ALL MEMBERS OF THIS ENTITY. SCHEDULE R, PART II, COLUMN (F) - MSMC RESIDENTIAL REALTY MANAGER, INC DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, MOUNT SINAI HOSPITAL AND MSMC REALTY CORPORATION ARE ALL MEMBERS OF THIS ENTITY.