2016-11-07T17:11:17-06:00 2015-12-31 ERNST & YOUNG US LLP 5 TIME SQUARE NEW YORK NY 10036 990 2015-01-01 800468600 Mitral Foundation % STEPHEN HARVEY MITR 6466054002 1190 fifth avenue new york NY 10029 STEPHEN HARVEY TREASURER 6466054002 2016-11-07 true LAURA KIELCZEWSKI P00244342 2127733000 2015 2017-02-10 21:41:12Z stephen harvey 150 E 42ND STREET new york NY 10017 186603 false X http://www.mitralfoundation.org X 2009 NY THE MITRAL FOUNDATION IS A SUPPORTING ORGANIZATION WITH THE PURPOSE TO SUPPORT THE MITRAL VALVE REPAIR REFERENCE CENTER AT THE MOUNT SINAI HOSPITAL. 5 2 0 0 0 255058 178377 104428 8226 0 0 0 0 359486 186603 198867 277749 0 0 192969 302592 0 0 0 140154 372884 531990 953225 -172504 -766622 1020494 253872 0 0 1020494 253872 THE MITRAL FOUNDATION IS A SUPPORTING ORGANIZATION WITH THE PURPOSE TO SUPPORT THE MITRAL VALVE REPAIR REFERENCE CENTER AT THE MOUNT SINAI HOSPITAL. false false 946072 277749 8226 Mitral Foundation is dedicated to advancing the understanding of mitral valve disease and support the Mitral Valve Repair Reference Center. 946072 true true false false false false false false false false false false false true false false false true false false false false false false false false false true false true false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false X 5 2 false false false false false true false true true false false true true true true true true false false false NY X STEPHEN HARVEY 6466054002 150 EAST 42ND STREET - 9TH FLOOR NEW YORK NY 10017 DAVID H ADAMS MD 2 PRESIDENT 0.5 55.0 X X 0 5538714 49442 DENNIS CHARNEY MD2 VICE PRESIDENT 0.5 58.5 X X 0 1792440 45727 JURGEN A FRIEDRICH CHAIRMAN/DIRECTOR 1.0 0.0 X X 0 0 0 FREDERICK SLAGLE SECRETARY 1.0 0.0 X X 0 0 0 VALENTIN FUSTER MD VICE PRESIDENT 0.5 58.0 X X 0 1167467 53010 MARK KOSTEGAN FAHP VICE PRESIDENT FOR DEVELOPMENT 0.5 57.0 X 0 990809 48457 STEPHEN HARVEY TREASURER 0.5 55.5 X 0 656580 71517 FREDERICK R CUMMINGS JR ASSISTANT SECRETARY 1.0 0.0 X 0 0 0 0 10146010 268153 0 false true false NONE 0 178377 5051 178377 WORKSHOP SERVICES 611710 8226 8226 8226 0 0 0 0 0 0 0 0 0 0 0 186603 8226 277749 277749 0 0 0 0 0 238616 238616 13026 13026 32226 32226 18724 18724 19838 19838 2233 2233 4920 4920 0 0 0 0 68921 68921 6305 6305 1195 1195 0 231527 231527 35780 35780 0 2165 2165 0 0 0 0 953225 946072 7153 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1020494 253872 1020494 253872 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 1020494 253872 0 0 1020494 253872 1020494 253872 -766622 X false true X true false X X X 2 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI 136171197 2 true 277749 0 THE MOUNT SINAI HOSPITAL 131624096 3 true 0 0 2 277749 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE FROM ISMMS 253872 253872 true ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE L LEVY PL NEW YORK NY 10029 136171197 501(C)(3) 277749 CAPITAL PROJECTS 1 Part I, Line 2 Grant is made to a related tax exempt organization and monitoring is not required because funds are used to further exempt purpose. false false false false false false false false false DAVID H ADAMS MD 2 PRESIDENT 0 212097 0 729991 0 4596626 0 21209 0 28233 0 5588156 0 0 DENNIS CHARNEY MD2 VICE PRESIDENT 0 1000000 0 400000 0 392440 0 26500 0 19227 0 1838167 0 0 MARK KOSTEGAN FAHP VICE PRESIDENT FOR DEVELOPMENT 0 675000 0 172519 0 143290 0 26500 0 21957 0 1039266 0 0 STEPHEN HARVEY TREASURER 0 456000 0 139668 0 60912 0 26500 0 45017 0 728097 0 0 VALENTIN FUSTER MD VICE PRESIDENT 0 212097 0 101700 0 853670 0 21209 0 31801 0 1220477 0 0 Part VII, Section A & Schedule J Compensation Footnotes OFFICERS OF THE BOARDS OF TRUSTEES HOURS REFLECT SERVICE TO ALL RELATED ORGANIZATIONS OF MOUNT SINAI HEALTH SYSTEM, INC. (2) Employee has an outstanding loan reflected in Schedule L, Part II of Icahn School of Medicine at Mount Sinai's Form 990. PART I, LINE 5 NUMBER OF EMPLOYEES Employees of The Mount Sinai Hospital and The Icahn School of Medicine at Mount Sinai, including employees providing services at Elmhurst Hospital Center and Queens Hospital Center, utilize a common paymaster under the Hospital's tax identification number. The total number of employees reported under The Mount Sinai Hospital's tax identification number with the common paymaster system is 25,249 individuals. In addition, The Mount Sinai Hospital operates payroll for some related entities, including the Mitral Foundation, as well as shared employee expense. All salaries are allocated back to the separate entities and reported as if paid directly by them. PART VI, LINE 7A Persons with authority to elect members of the governing body Icahn School of Medicine at Mount Sinai has the power to appoint four (4) of the seven (7) members of the board of directors of the organization. Jurgen A. Friedrich has the authority to appoint the remaining three (3) members of the board of directors of the organization. PART VI, SECTION B, 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 (i.e., 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 Counsels office and the Audit and Compliance Department. These recommendations were reviewed and approved by EY. The same process was conducted by the Finance Department, the General Counsels 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 Counsels office, and the Audit and Compliance Department. The Audit Committee approved the tax returns as presented. * The Audit Committees 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, 2016, be provided to all trustees via the trustees confidential website, and those returns were so provided before being filed. PART VI, SECTION B, LINE 12C MONITORING & ENFORCING COMPLIANCE WITH THE POLICY Compliance with the Organizations 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. PART VI, SECTION B, QUESTIONS 12-14 The boards of the Mount Sinai Medical Center, Icahn School of Medicine at Mount Sinai and The Mount Sinai Hospital have adopted all policies referred to in form 990, Part VI, Section B questions 12 to 14, which would apply to all owned/controlled entities, including Mitral Foundation. PART VI, SECTION C, LINE 19 Governing documents, conflict of interest policy available to the public 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. THE MOUNT SINAI MEDICAL CENTER INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136271888 SUPPORT NY 501(C)(3) 11 TYPE II MSHS false THE MOUNT SINAI HOSPITAL ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 131624096 HOSPITAL NY 501(C)(3) 3 MSHG false THE MOUNT SINAI CHILDREN'S CENTER FND ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 223059294 SUPPORT NY 501(C)(3) 11 TYPE I ISMMS true MSMC REALTY CORPORATION ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 133852596 REAL ESTATE NY 501(C)(3) 11 TYPE I SEE PART VII true MSMC RESIDENTIAL REALTY LLC 1425 MADISON AVENUE NEW YORK NY 10029 200244426 REAL ESTATE NY 501(C)(3) 11 TYPE I SEE PART VII true MOUNT SINAI DIAG & TREATMENT CENTER ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 450537391 DIAG CLINIC NY 501(C)(3) 3 MSH true MSMC RESIDENTIAL REALTY MANAGER INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 201289396 MGMT NY 501(C)(3) 11 TYPE II SEE PART VII true VALENTIN FUSTER MT SINAI FND SCI HLTH ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 800952088 SUPPORT NY 501(C)(3) 11 TYPE I ISMMS & MSH true MOUNT SINAI HEALTH SYSTEM INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 464248304 HOLDING CO NY 501(C)(3) 11 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) 11 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 CONTINUUM HEALTH PARTNERS INC 150 East 42nd Street NEW YORK NY 10017 133939476 HOLDING CO NY 501(C)(3) 11 TYPE I NA false BIMC HOLDING CORPORATION FIRST AVENUE AT 16TH STREET NEW YORK NY 10003 133444730 HOLDING CO NY 501(C)(3) 11 TYPE I BIMC true BETH ISRAEL AMBULATORY CARE SERVICES 150 East 42nd Street NEW YORK NY 10017 133838460 SURGICENTER NY 501(C)(3) 3 BIMC HOLDCO true BI NURSING HOME COMPANY 327 EAST 17TH STREET NEW YORK NY 10003 133627753 NURSING HOME NY 501(C)(3) 3 BIMC HOLDCO true EAST 17TH STREET PROPERTIES INC 150 East 42nd Street NEW YORK NY 10017 133547502 REAL ESTATE NY 501(C)(3) 9 BIMC HOLDCO true THE 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 E 42nd Street NEW YORK NY 10017 133392851 REAL ESTATE NY 501(C)(3) 11 TYPE II SLR true ST LUKE'S-ROOSEVELT INSTITUTE FOR HEALTH 1111 AMSTERDAM AVENUE NEW YORK NY 10025 132914343 RESEARCH NY 501(C)(3) 4 SLR true 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 FNDN 310 EAST 14TH STREET NEW YORK NY 10003 134012469 PRIVATE FDN NY 501(C)(3) PF NYEE true NYEEI HOUSING COMPANY INC 317-327 EAST 13TH STREET NEW YORK NY 10003 311696826 REAL ESTATE NY 501(C)(2) N/A NYEE true BETH ISRAEL MEDICAL CENTER FDN INC 150 East 42nd Street NEW YORK NY 10017 300571387 FUNDRAISING NY 501(C)(3) 7 BIMC true ST LUKE'S-ROOSEVELT HOSPITAL CENTER FDN 150 East 42nd Street NEW YORK NY 10017 300571390 FUNDRAISING NY 501(C)(3) 7 SLR true BETH ISRAEL MEDICAL CENTER FIRST AVENUE AT 16TH STREET NEW YORK NY 10003 135564934 Hospital NY 501(C)(3) 3 MSHG false 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 CHP VENTURES INC 150 East 42nd Street NEW YORK NY 10017 460953126 HEALTH CARE MGMT NY BIMC HOLDCO C false MOUNT SINAI GENOMICS INC 1425 MADISON AVE NEW YORK NY 10029 475349024 CLINICAL LAB DE ISMMS C false false true false false false false false false false false false false true true true false false false false ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI B 277749 COST ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI O 302592 COST PART II, LINE 4, COLUMN F - MSMC REALTY CORPORATION DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL AND MOUNT SINAI MEDICAL CENTER ARE ALL MEMBERS OF THIS ENTITY. PART II, LINE 5, COLUMN F - MSMC RESIDENTIAL REALTY LLC DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, THE MSMC REALTY CORPORATION AND THE MSMC RESIDENTIAL REALTY MANAGER, INC. ARE ALL MEMBERS OF THIS ENTITY. PART II, LINE 7, COLUMN F - MSMC RESIDENTIAL REALTY MANAGER, INC DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL AND THE MSMC REALTY CORPORATION ARE ALL MEMBERS OF THIS ENTITY.