2015-11-13T07:20:01-06:00 2014-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 4000 INDIANAPOLIS IN 46204 990 2014-01-01 136271888 The Mount Sinai Medical Center % STEPHEN HARVEY MOUN 6466054095 One Gustave L Levy Place New York NY 10029 DONALD SCANLON EVP, SYS CFO/CCS 6466504095 2015-11-12 true ANGIE MOORE P00244342 3176817000 2014 2016-02-25 16:41:14Z Donald Scanlon ONE GUSTAVE L LEVY PLACE NEW YORK NY 100296574 3601480 false X n/a X 1967 NY THE MEDICAL CENTER SUPERVISES AND COORDINATES POLICIES AND FUND-RAISING ACTIVITIES AND ADMINISTERS INVESTMENTS FOR ENTITIES OF THE MOUNT SINAI HEALTH SYSTEM, INC. 50 49 0 0 3095300 548532 2701990 0 0 0 0 0 -2701990 3601480 3601480 0 506180 0 0 0 0 0 0 0 0 0 0 506180 0 3095300 17368190 1513614595 2404985 1498651390 14963205 14963205 X PROVIDE FUNDRAISING, SUPPORT, AND MAINTAINS POOLED INVESTMENTS FOR ENTITIES OF THE MOUNT SINAI HEALTH SYSTEM, INC. false false 506180 506180 0 THE MEDICAL CENTER IS A COMMON MEMBER OF AN INVESTMENT IN 8 EAST 102ND STREET MANAGER LLC. ALL EARNINGS REALTED TO THIS INVESTMENT ARE DISTRIBUTED TO ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI TO PROVIDE STRATEGIC SUPPORT. 0 0 0 THE MEDICAL CENTER MAINTAINS INVESTMENTS IN A POOLED INVESTMENT PORTFOLIO FOR THE BENEFIT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, MOUNT SINAI AUXILIARY BOARD, ST LUKE'S-ROOSEVELT HOSPITAL CENTER, BETH ISRAEL MEDICAL CENTER, NEW YORK EYE AND EAR INFIRMARY, AS WELL AS THE MEDICAL CENTER; COLLECTIVELY, THE MOUNT SINAI HEALTH SYSTEM. THESE PERMANENTLY RESTRICTED ASSETS ARE HELD IN PERPETUITY, BUT THE INCOME DERIVED FROM THESE ASSETS CAN BE USED OR EXPENDED, IN PART OR IN ENTIRETY, FOR EITHER SPECIFIED (GENERALLY, THE SCHOOL) OR UNSPECIFIED PURPOSES. 506180 true false false false false false false false false true false true false false true false true false false false true false false false false false false true false true false false false false false false true true false false false false false true true true false false true 0 0 0 false false false false false false false false false false X 50 49 true false true false true true true true true false false true true true true true true false false false NY X STEPHEN HARVEY 6466054002 150 E 42ND ST 9TH FLOOR new york NY 10017 ANDREW M ALPER TRUSTEE 1.0 5.0 X 0 0 0 GLENN R AUGUST TRUSTEE 1.0 1.0 X 0 0 0 JEFF T BLAU TRUSTEE 1.0 6.0 X 0 0 0 THOMAS R BLOCK TRUSTEE 1.0 1.0 X 0 0 0 ANDREW BORROK TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER W BRODY TRUSTEE 1.0 1.0 X 0 0 0 GERALD J CARDINALE TRUSTEE 1.0 0.0 X 0 0 0 JAMES W CRYSTAL VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 BONNIE M DAVIS MD TRUSTEE 1.0 0.0 X 0 0 0 JOEL S EHRENKRANZ VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 BLAINE V FOGG SEC/VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 SONIA E GARDNER TRUSTEE 1.0 0.0 X 0 0 0 DONALD J GOGEL SENIOR VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 JUDAH GRIBETZ TRUSTEE 1.0 5.0 X 0 0 0 GEORGE J GRUMBACH JR TRUSTEE 1.0 1.0 X 0 0 0 CARLA A HARRIS TRUSTEE 1.0 0.0 X 0 0 0 JOSHUA J HARRIS TRUSTEE 1.0 0.0 X 0 0 0 ELLEN KATZ VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 MICHAEL KLEIN TRUSTEE 1.0 0.0 X 0 0 0 FREDERICK KLINGENSTEIN HONORARY CHAIRMAN/TRUSTEE 1.0 1.0 X X 0 0 0 HENRY R KRAVIS VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 ERIC S LANE TRUSTEE 1.0 0.0 X 0 0 0 JOHN A LEVIN VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 MARC S LIPSCHULTZ TRUSTEE 1.0 5.0 X 0 0 0 DANIEL S LOEB TRUSTEE 1.0 0.0 X 0 0 0 PETER W MAY CHAIRMAN OF BOARD OF TRUSTEES 2.0 14.0 X X 0 0 0 MICHAEL MINIKES SNR VICE CHAIR/TREASURER/TRUST 2.0 14.0 X X 0 0 0 NEIL S MITCHELL TRUSTEE 1.0 0.0 X 0 0 0 JOSHUA NASH TRUSTEE 1.0 0.0 X 0 0 0 BERNARD W NUSSBAUM TRUSTEE 1.0 6.0 X 0 0 0 PETER R ORSZAG TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH J PLUMERI TRUSTEE 1.0 0.0 X 0 0 0 RICHARD RAVITCH VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 JUDITH O RUBIN TRUSTEE 1.0 6.0 X 0 0 0 HON ROBERT E RUBIN SENIOR VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 ERIC M RUTTENBERG TRUSTEE 1.0 1.0 X 0 0 0 ANDREW M SAUL VICE CHAIRMAN/TRUSTEE 2.0 15.0 X X 0 0 0 JOSEPH C SHENKER TRUSTEE 1.0 0.0 X 0 0 0 THOMAS W STRAUSS VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 ERIC WALDMAN TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER W WILLIAMS TRUSTEE 1.0 0.0 X 0 0 0 DAVID WINDREICH TRUSTEE 1.0 5.0 X 0 0 0 DAVID M ZASLAV TRUSTEE 1.0 0.0 X 0 0 0 JAMES S TISCH SENIOR VICE CHAIRMAN/trustee 2.0 15.0 X X 0 0 0 HOWARD MARKS TRUSTEE 1.0 0.0 X 0 0 0 KENNETH B MEHLMAN TRUSTEE 1.0 0.0 X 0 0 0 EVA ANDERSSON DUBIN MD TRUSTEE 1.0 1.0 X 0 0 0 STEVEN HOCHBERG SENIOR VICE CHAIRMAN/TRUSTEE 2.0 17.5 X X 0 0 0 BRAD KARP TRUSTEE 1.0 1.0 X 0 0 0 JO CAROLE LAUDER TRUSTEE 1.0 0.0 X 0 0 0 JENNIFER PRICE TRUSTEE (EX-OFFICIO) 1.0 1.0 X 0 0 0 CLIFFORD H GOLDSMITH TRUSTEE (ENDING 6/2014) 1.0 1.0 X 0 0 0 PETER A COHEN TRUSTEE (ENDING 4/28/2014) 1.0 0.0 X 0 0 0 HENRY CORNELL TRUSTEE (eff 9/15/2014) 1.0 0.0 X 0 0 0 MORTON P HYMAN TRUSTEE (ENDING 11/17/14) 1.0 6.0 X 0 0 0 KENNETH DAVIS MD 1 PRESIDENT/CEO 0.5 56.5 X 0 4086017 60393 DENNIS CHARNEY MD 12 PRESIDENT, ACADEMIC AFFAIRS 0.5 57.0 X 0 1753117 43405 DONALD T SCANLON 1 EVP, SYS CFO/CHIEF CORP SERV 0.5 61.5 X 0 1856464 54230 JEFFREY SILBERSTEIN 1 EVP, SYS CHIEF ADMIN OFFICER 0.5 56.0 X 0 1094660 54296 KUMAR CHATANI 1 SVP, SYS CHIEF INFORMATION OFF 0.5 56.0 X 0 789914 43771 STEPHEN HARVEY 1 SVP, FINANCE 0.5 56.5 X 0 711964 70964 MARK KOSTEGAN FAHP 1 SVP, SYS CHIEF DEVEL OFFICER 0.5 57.0 X 0 991015 45277 JANE MAKSOUD 1 SVP, SYSTEM CHIEF HR OFFICER 0.5 56.0 X 0 826574 54304 MICHAEL PASTIER 1 SVP, CHIEF FINANCIAL OFFICER 0.5 59.5 X 0 779118 68442 MARGARET PASTUSZKO 1 EVP, Chief Integration Officer 0.5 57.5 X 0 947942 50726 SCOTT PITTMAN 1 SVP, SYS CHIEF INVEST OFFICER 0.5 56.0 X 0 1067420 52382 FRANK CINO 1 SVP, System Chief Risk Officer 0.5 56.0 X 0 567322 47981 GLENN DUBIN VICE CHAIRMAN 2.0 14.0 X 0 0 0 ERIC MINDICH VICE CHAIRMAN 2.0 14.0 X 0 0 0 ARTHUR KLEIN MD 1 EVP, SYSTEM PRES HEALTH NETWRK 0.5 57.5 X 0 1694957 39020 LEONARD ACHAN 1 SVP,SYS CHIEF MRTKG/ACCESS OFF 0.5 57.5 X 0 642479 47957 BETH ESSIG ESQ 1 EVP, GENERAL COUNSEL 0.5 59.0 X 0 942527 39409 JEREMY BOAL MD 1 EVP, SYSTEM CHIEF MED OFFICER 0.5 57.5 X 0 1205808 53792 MICHAEL MCCARRY RN 1 SVP, SYS CHIEF PERP SRVC 0.5 55.5 X 0 526055 33514 MARK NAPP MD 1 SVP, SYS CHIEF MED AFFAIRS OFF 0.5 56.0 X 0 709374 54496 RICHARD A FRIEDMAN VICE CHAIRMAN 2.0 14.0 X 0 0 0 JOEL I PICKET VICE CHAIRMAN 2.0 14.0 X 0 0 0 KENNETH HOLDEN 1 SVP, SYS. CHIEF FACILITIES OFF 0.5 58.5 X 0 492854 55589 BURTON DRAYER MD 1 FORMER OFFICER 0.5 55.0 X 0 1362560 38305 DOUGLAS JABS MD 1 FORMER OFFICER 0.5 55.0 X 0 718782 46322 CONNIE C KLEPPER 1 FORMER OFFICER 0.5 55.0 X 0 198182 32441 JANE WHITNEY 1 FORMER OFFICER 0.5 55.0 X 0 306133 35207 ELANA ABRAHAM 1 FORMER OFFICER 0.5 55.0 X 0 254428 47468 MICHAEL MACDONALD 1 FORMER OFFICER 0.5 55.0 X 0 958948 12164 MARK CALLAHAN MD 1 FORMER OFFICER 0.5 56.5 X 0 668424 35561 0 26153038 1217416 0 true true false 0 0 0 0 0 0 0 0 0 0 0 0 0 8 EAST 102ND STREET MANAGER LLC 525990 3094236 3094236 8 EAST 102ND STREET MANAGER LLC TRANSFER OF EQUITY 525990 506180 506180 MISCELLANEOUS PARTNERSHIP INCOME 523000 1064 1064 3601480 3601480 3095300 506180 506180 506180 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 506180 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3288662 323325356 14079528 1186508120 0 0 0 0 0 3781119 17368190 1513614595 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2404985 1498651390 2404985 1498651390 X 0 0 0 0 14963205 14963205 14963205 14963205 17368190 1513614595 X 3095300 -3095300 X false true X true false X X X 5 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI 136171197 02 true 506180 0 THE MOUNT SINAI HOSPITAL 131624096 03 true 0 0 2 506180 true false false false false false false false false false false false false false false true 14963205 14963205 14963205 14963205 14963205 14963205 14963205 14963205 14963205 14963205 1.00000 false false HEDGE FUNDS 996585172 F PRIVATE EQUITY 189922948 F 1186508120 0 DUE TO ISMMS 1245190 DUE TO MSH 719655 SPLIT INTEREST AGREEMENT 1816274 POOLED INVESTMENTS HELD FOR ISMMS 717371609 POOLED INVESTMENTS HELD FOR MSH 703623938 POOLED INVESTMENTS HELD FOR MSA 3068355 POOLED INVESTMENTS HELD FOR SLR 28259637 POOLED INVESTMENTS HELD FOR BIMC 15766562 POOLED INVESTMENTS HELD FOR NYEE 26780170 1498651390 PART V, LINE 4 THE MEDICAL CENTER'S ENDOWMENT FUNDS' INTENDED USE IS TO GENERATE INCOME FOR THE BENEFIT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AND/OR THE MOUNT SINAI HOSPITAL PER THE MEDICAL CENTER'S MISSION. ALL INVESTMENT INCOME, EXPENDITURES, AND SIMILAR ACTIVITY RELATING THE MEDICAL CENTER'S ENDOWMENTS ARE RECORDED ON ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S BOOKS. Central America and the Caribbean Investments 538516343 538516343 538516343 true false false true false false SCHEDULE F, PARTS I & IV PLEASE NOTE THAT THE INVESTMENT ACTIVITIES LISTED IN PART I ARE ALLOCATED TO AGREE TO THE AUDITED FINANCIAL STATEMENT REPORTING AS POOLED INVESTMENTS WHILE PART IV REPORTS ON FOREIGN FILINGS FILED BY THE RESPECTIVE ORGANIZATION. true ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI 1 GUSTAVE L LEVY PLACE NEW YORK NY 10029 136171197 501(C)3 506180 COST EQUITY TRNSFR 8E 102ND ST STRATEGIC SUPPORT 1 PART I, LINE 2 THE MEDICAL CENTER'S GRANTS ARE MADE IN ACCORDANCE WITH ITS PURPOSE OF SUPPORTING THE CHARITABLE, SCIENTIFIC, RESEARCH, AND EDUCATIONAL MISSION OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. false false false false false false false false false KENNETH DAVIS MD 1 PRESIDENT/CEO 0 2400000 0 0 0 1686017 0 26000 0 34393 0 4146410 0 0 DENNIS CHARNEY MD 12 PRESIDENT, ACADEMIC AFFAIRS 0 750000 0 650000 0 353117 0 26000 0 17405 0 1796522 0 0 BURTON DRAYER MD 1 FORMER OFFICER 0 212097 0 250000 0 900463 0 21209 0 17096 0 1400865 0 0 DONALD T SCANLON 1 EVP, SYS CFO/CHIEF CORP SERV 0 792000 0 950000 0 114464 0 26000 0 28230 0 1910694 0 0 JEFFREY SILBERSTEIN 1 EVP, SYS CHIEF ADMIN OFFICER 0 684000 0 325000 0 85660 0 26000 0 28296 0 1148956 0 0 KUMAR CHATANI 1 SVP, SYS CHIEF INFORMATION OFF 0 450000 0 175000 0 164914 0 26000 0 17771 0 833685 0 0 STEPHEN HARVEY 1 SVP, FINANCE 0 456000 0 206000 0 49964 0 26000 0 44964 0 782928 0 0 DOUGLAS JABS MD 1 FORMER OFFICER 0 212097 0 0 0 506685 0 21209 0 25113 0 765104 0 0 CONNIE C KLEPPER 1 FORMER OFFICER 0 196718 0 0 0 1464 0 16328 0 16113 0 230623 0 0 MARK KOSTEGAN FAHP 1 SVP, SYS CHIEF DEVEL OFFICER 0 675000 0 172519 0 143496 0 26000 0 19277 0 1036292 0 0 JANE MAKSOUD 1 SVP, SYSTEM CHIEF HR OFFICER 0 508000 0 250000 0 68574 0 26000 0 28304 0 880878 0 0 MICHAEL PASTIER 1 SVP, CHIEF FINANCIAL OFFICER 0 508000 0 200000 0 71118 0 26000 0 42442 0 847560 0 0 MARGARET PASTUSZKO 1 EVP, Chief Integration Officer 0 448000 0 483153 0 16789 0 20800 0 29926 0 998668 0 0 SCOTT PITTMAN 1 SVP, SYS CHIEF INVEST OFFICER 0 591666 0 454780 0 20974 0 26000 0 26382 0 1119802 0 0 FRANK CINO 1 SVP, System Chief Risk Officer 0 385000 0 155000 0 27322 0 20800 0 27181 0 615303 0 0 JANE WHITNEY 1 FORMER OFFICER 0 299685 0 0 0 6448 0 16765 0 18442 0 341340 0 0 ELANA ABRAHAM 1 FORMER OFFICER 0 242535 0 10000 0 1893 0 20532 0 26936 0 301896 0 0 MICHAEL MACDONALD 1 FORMER OFFICER 0 898133 0 23770 0 37045 0 7746 0 4418 0 971112 0 0 ARTHUR KLEIN MD 1 EVP, SYSTEM PRES HEALTH NETWRK 0 850000 0 550000 0 294957 0 26000 0 13020 0 1733977 0 0 LEONARD ACHAN 1 SVP,SYS CHIEF MRTKG/ACCESS OFF 0 312000 0 300000 0 30479 0 20800 0 27157 0 690436 0 0 MARK CALLAHAN MD 1 FORMER OFFICER 0 634000 0 0 0 34424 0 26000 0 9561 0 703985 0 0 BETH ESSIG ESQ 1 EVP, GENERAL COUNSEL 0 665000 0 265000 0 12527 0 21840 0 17569 0 981936 0 0 JEREMY BOAL MD 1 EVP, SYSTEM CHIEF MED OFFICER 0 774996 0 305000 0 125812 0 26000 0 27792 0 1259600 0 0 MICHAEL MCCARRY RN 1 SVP, SYS CHIEF PERP SRVC 0 400000 0 120000 0 6055 0 20800 0 12714 0 559569 0 0 MARK NAPP MD 1 SVP, SYS CHIEF MED AFFAIRS OFF 0 600000 0 104233 0 5141 0 25000 0 29496 0 763870 0 0 KENNETH HOLDEN 1 SVP, SYS. CHIEF FACILITIES OFF 0 404697 0 78795 0 9362 0 21840 0 33749 0 548443 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. (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. (2) Employee has an outstanding loan reflected in Schedule L, Part II of Icahn School of Medicine at Mount Sinai's Form 990. SCHEDULE J, PART I, LINE 4A SEVERANCE MICHAEL MACDONALD $825,070 JANE WHITNEY $100,906 Part I, Line 5 Number of Employees All employees of The Mount Sinai Hospital and Icahn School of Medicine at Mount Sinai, including those who provide 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 Hospital tax identification number is 23,734. The Medical Center does not have any employees and receives services from employees of Icahn School of Medicine at Mount Sinai and The Mount Sinai Hospital. Part VI, SECTION A, LINE 2 Family/Business Relationships *Trustee Bonnie Davis, M.D. AND Officer Kenneth Davis, M.D., have a family relationship. *Trustees Judith Rubin and Hon. Robert Rubin have a family relationship. *Trustees Peter Cohen and Thomas Strauss have a business relationship. *Trustees Donald Gogel and Henry Kravis have a business relationship. *Trustees Marc Lipshultz and Henry Kravis have a business relationship. *Trustees Kenneth Mehlman and Henry Kravis have a business relationship. *Trustees Joseph Plumeri and Henry Kravis have a business relationship. PART VI, SECTION A, LINE 4 The Bylaws of The Mount Sinai Medical Center were amended to change the employees for which the Compensation, Employee Benefits and Employee Relations Committee (the "Compensation Committee") has responsibility to establish and fix compensation and fringe benefits from "all senior and/or highly compensated personnel" to "Executives" (defined as those individuals who are "Disqualified Persons" under Treas. Reg. 53.4598-3T and those who, post-recruitment, will be "Disqualified Persons"). The Compensation Committee retains the authority to 'review" the compensation and fringe benefits of senior and/or highly compensated personnel who are not "Executives". PART VI, SECTION A, LINE 6 Mount Sinai Health System, Inc. is the Sole Member of the organization. PART VI, SECTION A, LINE 7A The Member has the power to elect the members of the governing body of the organization. PART VI, SECTION A, LINE 7B The Member has the power to elect the members of the governing body of the organization. In addition, the Board of Trustees of the organization cannot amend the bylaws without the consent of the Member if such amendment removed any powers of the Member. PART VI, SECTION B, LINE 11B Form 990 provided to governing body The Finance Department gathered the relevant information and prepared the tax returns *Our outside auditors, Ernst & Young, 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 Counsel's office and the Audit and Compliance Department. These recommendations were reviewed and approved by E&Y. The same process was conducted by the Finance Department, the General Counsel's office, the Audit and Compliance Department and E&Y 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 E&Y, 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, 2015, 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 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. PART VI, SECTION B, LINES 15A & 15B 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 Chairman of the Boards 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. 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. PART XI, LINE 9 THIS AMOUNT CORRESPONDS TO A BOOK TAX DIFFERENCE RESULTING FROM 8 EAST 102ND STREET MANAGER LLC'S CONVERSION FROM A PARTNERSHIP TO A REAL ESTATE INVESTMENT TRUST ON 1/1/2014 AS WELL AS OTHER AMOUNTS OF UBTI FROM PARTNERSHIPS AS FOLLOWS: PARTNERSHIP NAME TAX ID # AMOUNT 8 EAST 102ND STREET MANAGER LLC (45-2827030) 3,094,236. RIVA CAPITAL PARTNERS, LP (20-2465216) 52,284. FOURTH COMPANY HOLDING LLC (13-3935925) 31,776. ABRAMS CAPITAL PARTNERS II, L.P. (04-3455023) -82,996. TOTAL INCOME / (LOSS) FROM PARTNERSHIPS 3,095,300. THE MOUNT SINAI HOSPITAL ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 131624096 HOSPITAL NY 501(C)(3) 3 MSHG true MITRAL FOUNDATION 1190 FIFTH AVENUE NEW YORK NY 10029 800468600 RESEARCH NY 501(C)(3) 11 TYPE I ISMMS true THE MOUNT SINAI CHILDREN'S CENTER FND ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 223059294 SUPPORT NY 501(C)(3) 11 TYPE II 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 I 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 I MSHS true ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136171197 SCHOOL NY 501(C)(3) 2 MSHS true 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 true AUGUSTUS & JAMES CORPORATION 150 East 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 true 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 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 150 east 42nd street NEW YORK NY 10017 460953126 HEALTH CARE MGT NY BIMC HOLDCO c false false true false false false false false false true false false true false true true true false false false ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI I 3257351 COST ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI b 506180 COST ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI I 2404874 FMV ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI I 714163014 FMV THE MOUNT SINAI HOSPITAL I 706692293 FMV ST LUKE'S-ROOSEVELT HOSPITAL CENTER I 28259637 FMV BETH ISRAEL MEDICAL CENTER I 15766562 FMV NEW YORK EYE & EAR INFIRMARY FOUNDATION I 26780170 FMV ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI I 1245190 FMV THE MOUNT SINAI HOSPITAL I 719655 FMV ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI I 803721 FMV 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.