2015-11-13T16:57:31-06:00 2014-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 4000 INDIANAPOLIS IN 46204 990 2014-01-01 136171197 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI % STEPHEN HARVEY ICAH 6466054002 ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 STEPHEN HARVEY SENIOR VP & CFO 2127313413 2015-11-11 ANGELA M MOORE P00244342 3176817000 2014 2016-03-07 17:11:31Z STEPHEN HARVEY One Gustave L Levy Place New York NY 10029 1750938982 false X http://WWW.ICAHN.MSSM.EDU X 1964 NY The School commits to dramatically advancing the art and science of medical care through an atmosphere of intense collaborative learning, social concern, and scholarly inquiry. 51 49 10061 550 201942 156611 173606651 443648186 1350922320 1182718603 35467354 23525040 88014733 99151048 1648011058 1749042877 8755856 4326107 0 0 1150124616 1248481511 0 0 8165330 470593955 517239680 1629474427 1770047298 18536631 -21004421 2280446792 2308487928 1156422729 1189999147 1124024063 1118488781 X SEE SCHEDULE O false false 932270450 0 882590167 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PROVIDES BASIC AND TERTIARY PHYSICIANS SERVICES TO PATIENTS ON AN ONGOING BASIS. 303997067 440674 74103914 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI CONDUCTS RESEARCH IN THE AREAS OF BIOLOGICAL, SOCIAL AND PHYSICAL SCIENCES. FUNDAMENTAL AND APPLIED RESEARCH IS PRIMARILY ENTERED IN GEOGRAPHIC PROXIMITY TO CLINICAL FACILITIES. 283879094 3885433 234795485 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI IS RESPONSIBLE FOR THE CERTIFICATION OF PHYSICIANS AT THE UNDERGRADUATE, GRADUATE AND POST-GRADUATE LEVELS AS WELL AS THE CERTIFICATION OF BIOMEDICAL SCIENTISTS AT THE GRADUATE LEVEL. 1520146611 true true false true false false false false false true true true false true true false false true true false true false true false true false false false true true true true false false false false true false false true false true true false false true true true true false false true 1783 0 true 10061 true true true false false false false true true false false false false X 51 49 true false true false true true true true true false false true true true true true true true true false NY X STEPHEN HARVEY 6466054002 150 E 42ND STREET 9TH FLOOR New York NY 10017 X peter w may Chairman of board of trustees 2.0 14.0 X X 0 0 0 frederick A klingenstein honorary chairman/trustee 1.0 1.0 X X 0 0 0 donald j gogel senior vice chairman/trustee 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 robert e rubin senior vice chairman/trustee 2.0 14.0 X X 0 0 0 james w crystal vice chairman/trustee 2.0 14.0 X X 0 0 0 glenn dubin vice chairman/trustee 2.0 14.0 X X 0 0 0 joel s ehrenkranz vice chairman/trustee 2.0 14.0 X X 0 0 0 ellen katz vice chairMAN/trustee 2.0 14.0 X X 0 0 0 henry r kravis vice chairman/trustee 2.0 14.0 X X 0 0 0 john a levin vice chairman/trustee 2.0 14.0 X X 0 0 0 eric mindich vice chairman/trustee 2.0 14.0 X X 0 0 0 Andrew m saul vice chairman/trustee 2.0 15.0 X X 0 0 0 thomas w strauss vice chairman/trustee 2.0 14.0 X X 0 0 0 thomas r block trustee 1.0 1.0 X 0 0 0 christopher w brody Trustee 1.0 1.0 X 0 0 0 charles r bronfman Trustee 1.0 0.0 X 0 0 0 jean c crystal Trustee 1.0 0.0 X 0 0 0 steven g einhorn Trustee 1.0 0.0 X 0 0 0 blaine v fogg SEC/VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 richard a friedman VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 arne glimcher Trustee 1.0 0.0 X 0 0 0 george j grumbach jr trustee 1.0 1.0 X 0 0 0 carl c icahn trustee 1.0 0.0 X 0 0 0 lewis p jones trustee 1.0 0.0 X 0 0 0 patricia s levinson trustee 1.0 5.0 X 0 0 0 bernard w nussbaum trustee 1.0 6.0 X 0 0 0 judith O rubin trustee 1.0 6.0 X 0 0 0 stephen l schwartz trustee 1.0 0.0 X 0 0 0 daniel h stern trustee 1.0 0.0 X 0 0 0 michael j urfirer trustee 1.0 0.0 X 0 0 0 robert friedman trustee 1.0 1.0 X 0 0 0 robin neustein trustee 1.0 0.0 X 0 0 0 eric m ruttenberg trustee 1.0 1.0 X 0 0 0 RICHARD RAVITCH VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 Gail GoldenIcahn trustee 1.0 0.0 X 0 0 0 BOBBIE ABRAMS TRUSTEE 1.0 4.0 X 0 0 0 LEON D BLACK TRUSTEE 1.0 0.0 X 0 0 0 EVA ANDERSSON DUBIN MD TRUSTEE 1.0 1.0 X 0 0 0 JAMES E FLYNN TRUSTEE 1.0 6.0 X 0 0 0 JEROME GOLDSTEIN TRUSTEE 1.0 4.0 X 0 0 0 RICHARD A GOLDSTEIN TRUSTEE 1.0 5.0 X 0 0 0 STEVE HOCHBERG SENIOR VICE CHAIRMAN/TRUSTEE 2.0 17.5 X X 0 0 0 MORTON P HYMAN trustee (ending 11/17/14) 1.0 6.0 X 0 0 0 BRAD KARP TRUSTEE 1.0 1.0 X 0 0 0 JAMES KEMPNER TRUSTEE 1.0 5.0 X 0 0 0 EUGENE MERCY JR TRUSTEE 1.0 6.0 X 0 0 0 ALICE NETTER TRUSTEE 1.0 5.0 X 0 0 0 LEWIS C PELL TRUSTEE 1.0 4.0 X 0 0 0 JOEL I PICKET VICE CHAIRMAN/TRUSTEE 2.0 14.0 X X 0 0 0 WILLIAM H WRIGHT II TRUSTEE 1.0 5.0 X 0 0 0 DR JEFFREY T LAITMAN Trustee (resigned april 2014) 1.0 0.0 X 0 0 0 CLIFFORD H GOLDSMITH TRUSTEE (ENDING 6/2014) 1.0 1.0 X 0 0 0 DAVID S GOTTESMAN trustee 1.0 0.0 X 0 0 0 marc lasry trustee (resigned feb 2014) 1.0 0.0 X 0 0 0 andrew leibowitz md trustee (resigned jan 2014) 1.0 0.0 X 0 0 0 Kenneth L Davis MD Chief Executive Officer 15.0 42.0 X 1093827 2992190 60393 Dennis Charney MD 1 DEAN 44.0 13.5 X 1402494 350623 43405 donald t scanlon EVP, FINANCE/CHIEF CORP. SRVCS 15.0 47.0 X 496975 1359489 54230 jeffrey silberstein EVP, CHIEF OPERATING OFFICER 15.0 41.5 X 293041 801620 54296 stephen harvey SVP, CHIEF FINANCIAL OFFICER 55.0 2.0 X 711964 0 70964 mark kostegan fahp SVP, CHIEF DEVELOPMENT OFFICER 31.0 26.5 X 561707 429308 45277 jane maksoud SVP, CHIEF HUMAN RESOURCES OFF 19.0 37.5 X 279961 546613 54304 JAMES S TISCH senior vice chairman 2.0 15.0 X 0 0 0 frank cino SVP, Chief Risk Officer 10.0 46.5 X 106770 460552 47981 margaret pastuszko EVP, CHIEF INTEGRATION OFFICER 16.0 42.0 X 270163 677779 50726 KUMAR CHATANI SVP, CHIEF INFORMATION OFFICER 8.0 48.5 X 118487 671427 43771 JEREMY BOAL MD EVP, SYSTEM CMO 0.5 57.5 X 0 1205808 53792 BETH ESSIG ESQ EVP, GENERAL COUNSEL 15.0 44.5 X 252314 690212 39409 ARTHUR KLEIN MD EVP, PRES OF HEALTH NETWORK 0.5 57.5 X 0 1694957 39020 LEONARD ACHAN SVP, CHIEF MARKETING OFFICER 6.0 52.0 X 65404 577075 47957 MARK NAPP MD SVP, CHIEF MEDICAL AFFAIRS OFF 0.5 56.0 X 0 709374 54496 MICHAEL SCHAFFER SVP, COO OF FPA 28.0 27.0 X 245683 245683 29694 KENNETH HOLDEN SVP, CHIEF FACILITIES OFFICER 11.0 48.0 X 98570 394283 55589 SCOTT PITTMAN SVP, CHIEF INVESTMENTS OFFICER 53.0 3.5 X 1067420 0 52382 BARBARA MURPHY CHAIRMAN, DEPT OF MEDICINE 55.0 0.0 X 936930 0 47691 Samin Sharma MD PROFESSOR 55.0 0.0 X 4666800 0 40870 Andrew Hecht MD CHIEF 55.0 0.0 X 9870914 0 45988 SHEERAZ QURESHI MD ASSOCIATE PROFESSOR 55.0 0.0 X 6135420 0 39486 DAVID ADAMS MD 1 CHAIRMAN 55.0 1.0 X 5110790 0 46064 arthur jenkins iii md ASSOCIATE PROFESSOR 55.0 0.0 X 5366915 0 47803 michael macdonald 2 former officer 27.5 28.0 X 479475 479475 12164 elana abraham 23 former officer 0.5 55.0 X 0 254428 47468 jessica moise2 former officer 55.0 0.0 X 175546 0 33347 john morrison 124 former officer 55.0 0.0 X 476076 0 48562 jasmin moshirpur md2 former officer 55.0 0.0 X 544477 0 70597 david muller md24 former officer 55.0 0.0 X 441546 0 45095 hugh sampson md2 former officer 55.0 0.0 X 497395 0 37915 phyllis schnepf2 former officer 55.0 0.0 X 362387 0 42430 Douglas Jabs MD 2 former officer 55.0 0.5 X 718782 0 46322 philip landrigan 24 former officer 55.0 0.0 X 449471 0 57777 CONNIE C KLEPPER2 former officer 16.0 39.5 X 56482 141700 32441 MARK CALLAHAN MD 2 FORMER OFFICER 33.0 24.0 X 401054 267370 35561 ROBERT DESNICK 24 former officer 55.0 0.0 X 235821 0 62148 jane whitney former officer 37.0 18.5 X 204099 102034 35207 44195160 15052000 1772622 3012 true true false PST SERVICES PO BOX 742526 ATLANTA GA 30374 BILLING SERVICES 6136656 ILLUMINA INC 12864 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 Genomics Testing 4633050 HEALTHSMART CARE MANAGEMENT PO BOX 842088 DALLAS TX 75284 Management 2893528 ISIS INNOVATION LTD EWERT HOUSE PLACE OXFORD ENGLAND UK OX2 7SG Consultants 2121338 NEW YORK TIMES DIGITAL PO BOX 7777 PHILADELPHIA PA 19175 Publishing 2048055 181 6478286 47004193 169923 389995784 4713629 443648186 PATIENT CARE/LAB SERVICES 621500 671358058 671358058 FEDERAL CONTRACTS 541700 42168746 42168746 NYC HEALTH AND HOSP. CORP. 621400 211232109 211232109 MOUNT SINAI HOSPITAL CARTS 561000 197120958 197120958 PRIVATE CONTRACTS 541700 31935168 31935168 28903564 28903564 1182718603 7435833 177942 7257891 43405 43405 46045700 46045700 7441665 7441665 0 7441665 7441665 16045802 16045802 16045802 16045802 704944 6478286 1896105 -1191161 -1191161 0 0 MASTERS PROGRAM TUITION & RELATED FEES 900099 6917504 6917504 8 EAST 102ND STREET MANAGER LLC 525990 3094236 3094236 PARKING GARAGE 611710 2450640 2450640 34392464 1853459 24000 32515005 46854844 1749042877 1191489566 201942 113703183 0 4272307 4272307 53800 53800 0 8368196 984621 6541484 842091 0 1052959240 979941635 68656984 4360621 33719646 30799319 2714508 205819 111122544 102922618 7545467 654459 42311885 37626356 4340998 344531 32697249 29347367 3078756 271126 5542823 5540208 2615 2886501 2886501 438 438 0 2428415 2428415 7212985 5667844 1535780 9361 2902336 2270430 631906 53074331 51886473 946628 241230 12823619 1927382 10817998 78239 17000173 17000173 82425440 55036467 26617278 771695 2963983 2682103 259970 21910 0 12195323 11685320 479052 30951 29885624 103827 29781797 0 80604827 45539099 35051352 14376 27840379 26929549 910830 SUBCONTRACTS PASS-THROUGH 55471041 55471041 MEDICAL SUPPLIES 21663053 17898028 3765025 TELECOMMUNICATIONS 6345581 1855683 4475217 14681 PERIODICALS & PUBLISHING 5541715 1390553 3855967 295195 55733844 53854351 1873063 6430 1770047298 1520146611 241735357 8165330 8385575 7679611 66989129 45599671 133695375 125802289 69867315 77516996 1500000 1500000 0 0 75214757 81782497 0 0 8442450 5605270 1625371550 668353997 949648414 957017553 222659340 0 582797617 822036643 5106575 1762950 0 0 156140245 182184448 2280446792 2308487928 78418422 73990640 0 0 57032168 65633806 621535579 603978960 0 0 0 0 25547059 23014984 0 0 373889501 423380757 1156422729 1189999147 X 393290875 394437984 352237102 329917579 378496086 394133218 1124024063 1118488781 2280446792 2308487928 X -21004421 18563375 -3094236 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 438 438 false PART II-B, LINE 1I - OTHER ACTIVIES ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PAYS DUES TO, A SECTION 501(C)4 ORGANIZATION, CLINICAL RESARCH FORUM, INC. APPROXIMATELY 4.98% OF THE DUES PAID IN 2014 WERE USED TOWARD LOBBYING ACTIVITIES. 612958108 11727999 29204522 3885433 26340332 0 623664864 531670431 16307076 90095177 3353876 21760700 0 612958108 476445598 19459396 57234168 3169636 18299095 0 531670431 480789605 14869779 -1660557 3292010 14261219 0 476445598 443518160 13411561 46135971 3258759 19017328 0 480789605 0.22000 0.60000 0.18000 false true true 11011897 11011897 1039554918 245211787 794343131 171990684 171990684 333592072 251151526 82440546 69221979 69221979 957017553 0 OTHER ASSETS 10687127 DUE FROM NYCH&H CORP. 4968218 INSURANCE CLAIMS 145658400 DUE FROM MRO 20870703 182184448 0 ACCRUED INTEREST PAYABLE 15199349 FEDERAL LOAN CAPITAL ADVANCES 4746766 EMPLOYEE RELOCATION LOANS 54815877 POST RETIREMENT HLTH BENF OBLI 13491888 DUE TO RELATED ORGS NET 152085614 INSURANCE CLAIMS 145658400 457B PLAN 37382863 423380757 PART V, LINE 4 ENDOWED FUNDS: THE ENDOWED FUNDS' INTENDED USE IS TO GENERATE INCOME TO SUPPORT THE SCHOOL OF MEDICINE'S PROGRAM SERVICE FUNCTIONS AND OPERATIONS IN ACCORDANCE WITH THE MOUNT SINAI MEDICAL CENTER POOLED INVESTMENT POLICY. true true true true true true true false false false false false false false false true false true Part I, Line 3 INCLUDED IN THE STUDENT HANDBOOK WHICH IS DISTRIBUTED AND REVIEWED AT GRADUATION. ALSO IN THE SCHOOL CATALOGS. East Asia and the Pacific Program Services CLINICAL 56809 Europe (Including Iceland and Greenland) Program Services CLINICAL 399439 North America Program Services CLINICAL 16635 South America Grants INDIV. ASSISTANCE 17000 Middle East and North Africa Grants INDIV. ASSISTANCE 750 Europe (Including Iceland and Greenland) Grants INDIV. ASSISTANCE 33550 North America Grants INDIV. ASSISTANCE 1000 East Asia and the Pacific Grants INDIV. ASSISTANCE 1500 526683 526683 HONORARIUM ISRAEL Middle East and North Africa 1 750 CHECK HONORARIUM AUSTRALIA East Asia and the Pacific 1 1500 CHECK HONORARIUMS EUROPE Europe (Including Iceland and Greenland) 8 18000 CHECK HONORARIUMS NA North America 2 1000 CHECK STIPENDS EUROPE Europe (Including Iceland and Greenland) 19 15550 CHECK STIPEND SA South America 1 17000 CHECK true false false true true false SCHEDULE F, PARTS I & IV PLEASE NOTE THAT THE INVESTMENT ACTIVITIES LISTED IN PART I ARE ALLOCATED TO AGREE TO THE AUDITED FINANCIAL STATEMENTS REPORTING AS POOLED INVESTMENTS WHILE PART IV REPORTS ON FOREIGN FILINGS FILED BY THE RESPECTIVE ORGANIZATION. CRYSTAL PARTY 2803750 2534350 269400 338500 122654 1500 313813 DUBIN HTH GAL 2171771 1967446 204325 18600 196997 5185 222991 8 2207709 1976490 231219 158804 206956 40273 269832 7183230 6478286 704944 515904 526607 46958 806636 1896105 -1191161 true SCHOLARSHIPS 232 3885433 OTHER N/A HONORARIUMS 133 161465 STIPENDS 150 225409 Part I, Line 2 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AWARDS SCHOLARSHIPS AS EITHER NEED-BASED OR MERIT-BASED AWARDS. TO AWARD OR ADMINISTER NEED-BASED SCHOLARSHIPS, THE DIRECTOR OF FINANCIAL AID FOLLOWS FEDERAL GUIDELINES STARTING WITH THE EVALUATION OF EACH STUDENT FOR "NEED" BASED ON FAFSA & NEED-ACCESS REPORTS. MERIT-BASED SCHOLARSHIPS ARE AWARDED BY COMMITTEES ESTABLISHED BY THE DEAN OF THE SCHOOL. ONCE AWARDEES ARE CHOSEN, THE SCHOLARSHIPS ARE AWARDED THROUGH THE DIRECTOR OF FINANCIAL AID. ELIGIBILITY FOR EACH ACADEMIC YEAR (SATISFACTORY ACADEMIC PROGRESS AND CURRENT ENROLLMENT) IS VERIFIED BY THE DIRECTOR PRIOR TO INITIAL DISBURSEMENT OF ANNUAL SCHOLARSHIPS AND ELIGIBILITY IS VERIFIED AGAIN FOR THE JANUARY TERM BEFORE SECOND TERM DISBURSEMENTS ARE MADE. X X X X true false false false false false false false false Kenneth L Davis MD Chief Executive Officer 642480 1757520 0 0 451347 1234670 6960 19040 9207 25186 1109994 3036416 0 0 Dennis Charney MD 1 DEAN 600000 150000 520000 130000 282494 70623 20800 5200 13924 3481 1437218 359304 0 0 michael macdonald 2 former officer 449067 449067 11885 11885 18523 18523 3873 3873 2209 2209 485557 485557 0 0 donald t scanlon EVP, FINANCE/CHIEF CORP. SRVCS 212018 579982 254315 695685 30642 83822 6960 19040 7557 20673 511492 1399202 0 0 jeffrey silberstein EVP, CHIEF OPERATING OFFICER 183107 500893 87003 237998 22931 62729 6960 19040 7575 20721 307576 841381 0 0 stephen harvey SVP, CHIEF FINANCIAL OFFICER 456000 0 206000 0 49964 0 26000 0 44964 0 782928 0 0 0 mark kostegan fahp SVP, CHIEF DEVELOPMENT OFFICER 382590 292410 97784 74735 81333 62163 14737 11263 10926 8351 587370 448922 0 0 jane maksoud SVP, CHIEF HUMAN RESOURCES OFF 172060 335940 84675 165325 23226 45348 8806 17194 9587 18717 298354 582524 0 0 elana abraham 23 former officer 0 242535 0 10000 0 1893 0 20532 0 26936 0 301896 0 0 jessica moise2 former officer 165500 0 8539 0 1507 0 16550 0 16797 0 208893 0 0 0 john morrison 124 former officer 212097 0 50000 0 213979 0 21209 0 27353 0 524638 0 0 0 jasmin moshirpur md2 former officer 347699 0 2590 0 194188 0 25500 0 45097 0 615074 0 0 0 david muller md24 former officer 212097 0 100000 0 129449 0 21209 0 23886 0 486641 0 0 0 hugh sampson md2 former officer 199982 0 100000 0 197413 0 19998 0 17917 0 535310 0 0 0 phyllis schnepf2 former officer 262042 0 75000 0 25345 0 26000 0 16430 0 404817 0 0 0 Douglas Jabs MD 2 former officer 212097 0 0 0 506685 0 21209 0 25113 0 765104 0 0 0 Samin Sharma MD PROFESSOR 212532 0 175000 0 4279268 0 21253 0 19617 0 4707670 0 0 0 Andrew Hecht MD CHIEF 159562 0 0 0 9711352 0 15956 0 30032 0 9916902 0 0 0 frank cino SVP, Chief Risk Officer 72457 312543 29171 125829 5142 22180 3915 16885 5115 22066 115800 499503 0 0 jane whitney former officer 199800 99885 0 0 4299 2149 11177 5588 12295 6147 227571 113769 0 0 margaret pastuszko EVP, CHIEF INTEGRATION OFFICER 127680 320320 137699 345454 4784 12005 5928 14872 8529 21397 284620 714048 0 0 philip landrigan 24 former officer 212097 0 50000 0 187374 0 21209 0 36568 0 507248 0 0 0 CONNIE C KLEPPER2 former officer 56065 140653 0 0 417 1047 4653 11675 4592 11521 65727 164896 0 0 KUMAR CHATANI SVP, CHIEF INFORMATION OFFICER 67500 382500 26250 148750 24737 140177 3900 22100 2666 15105 125053 708632 0 0 SHEERAZ QURESHI MD ASSOCIATE PROFESSOR 139616 0 0 0 5995804 0 13961 0 25525 0 6174906 0 0 0 MARK CALLAHAN MD 2 FORMER OFFICER 380400 253600 0 0 20654 13770 15600 10400 5737 3824 422391 281594 0 0 DAVID ADAMS MD 1 CHAIRMAN 212097 0 268333 0 4630360 0 21209 0 24855 0 5156854 0 0 0 ROBERT DESNICK 24 former officer 199983 0 0 0 35838 0 19998 0 42150 0 297969 0 0 0 JEREMY BOAL MD EVP, SYSTEM CMO 0 774996 0 305000 0 125812 0 26000 0 27792 0 1259600 0 0 BETH ESSIG ESQ EVP, GENERAL COUNSEL 178020 486979 70941 194060 3353 9173 5847 15993 4703 12866 262864 719071 0 0 ARTHUR KLEIN MD EVP, PRES OF HEALTH NETWORK 0 850000 0 550000 0 294957 0 26000 0 13020 0 1733977 0 0 LEONARD ACHAN SVP, CHIEF MARKETING OFFICER 31762 280238 30540 269460 3102 27377 2117 18683 2765 24392 70286 620150 0 0 MARK NAPP MD SVP, CHIEF MEDICAL AFFAIRS OFF 0 600000 0 104233 0 5141 0 25000 0 29496 0 763870 0 0 MICHAEL SCHAFFER SVP, COO OF FPA 200000 200000 41200 41200 4483 4483 10400 10400 4447 4447 260530 260530 0 0 KENNETH HOLDEN SVP, CHIEF FACILITIES OFFICER 80939 323758 15759 63036 1872 7489 4368 17472 6750 26999 109688 438754 0 0 SCOTT PITTMAN SVP, CHIEF INVESTMENTS OFFICER 591666 0 454780 0 20974 0 26000 0 26382 0 1119802 0 0 0 BARBARA MURPHY CHAIRMAN, DEPT OF MEDICINE 216904 0 150000 0 570026 0 21690 0 26001 0 984621 0 0 0 arthur jenkins iii md ASSOCIATE PROFESSOR 179943 0 0 0 5186972 0 17994 0 29809 0 5414718 0 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) Employee has an outstanding loan reflected in Schedule L, Part II of Icahn School of Medicine at Mount Sinai Form 990. (2) Compensation is attributed to current services as a Non-Officer. (3) Compensation and benefits are funded from The Mount Sinai Hospital, BETH ISRAEL MEDICAL CENTER, AND ST. LUKE'S-ROOSEVELT HOSPITAL CENTER. (4) Compensation, benefits and hours reflect total amounts for services performed for this position and all other responsibilities. Note: In determining the five highest paid employees of Icahn School of Medicine at Mount Sinai, royalty payments received by employees of Icahn School of Medicine at Mount Sinai in connection with inventions have not been taken into account. SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS MICHAEL MACDONALD $825,070 JANE WHITNEY $100,906 A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000923 6499055E2 2010-11-16 103555357 REFUND 3/2/1994 BONDS false false false B DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000923 649905RV0 2009-11-05 365504331 CONSTRUCTION OF NEW BUILDING false false false C DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000923 649903VG3 2007-09-27 125878626 CONSTRUCTION, REFUND 6/7/00 BONDS false false false D DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000923 64983UVZ0 2003-09-24 67374538 REFUND 8/15/91 BONDS false false false A 26415000 0 103566283 0 0 0 1518634 0 0 0 102047649 0 2010 true false true true B 0 0 367745472 29682164 52927234 0 4266417 0 0 277714915 3154742 0 2012 false false true true C 5550000 0 127320519 9198730 2625921 0 1393905 1553000 0 97441776 15107187 0 2010 true false true true D 55805000 0 67387167 6743031 0 0 974546 2171000 0 0 57498590 0 2003 true false true true A 0 B false false true true true true 0.00009 0.00009 false false false false C false false true true true true 0.00128 0.00128 false false false false D 0 A false true false false 0 false 0 true false B false true false false 0 false 0 true false C false true false false 0 false 0 true false D false true false false 0 false 0 true false A false B false C false D false SCHEDULE K - SUPPLEMENTAL INFORMATION BOND A: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $10,926. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND B: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $2,241,141. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 2C: THE REBATE COMPUTATION SHOWING THAT NO REBATE WAS DUE FOR THIS BOND WAS LAST PERFORMED ON 12/31/2014. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND C: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $1,441,893. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 2C: THE REBATE COMPUTATION SHOWING THAT NO REBATE WAS DUE FOR THIS BOND WAS LAST PERFORMED ON 12/31/2012. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND D: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $12,629. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART IV, LINE 2C: THE REBATE COMPUTATION SHOWING THAT NO REBATE WAS DUE FOR THIS BOND WAS LAST PERFORMED ON 12/31/2013. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND E: PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000923 111111111 2012-12-20 27609791 TELP-FINANCE RESEARCH AND CLINICAL false false false A 0 0 27609791 0 0 0 129958 0 0 23430102 0 4049731 2015 false false false true A false false true true true true 0.00411 0.00411 false false false false A false true false false 0 false 0 false false A false DAVID ADAMS OFFICER mortgage X 1000000 1000000 false true true DENNIS CHARNEY OFFICER mortgage X 500000 500000 false true true 1500000 GARY B DAVIS FAMILY MEMBER OF OFFICER 166305 SEE PART V false ELISSA G FRIEDMAN FAMILY MEMBER OF TRUSTEE 76502 SEE PART V false MARGARET RUTTENBERG FAMILY MEMBER OF TRUSTEE 64285 SEE PART V false KAREN KOSTEGAN FAMILY MEMBER OF OFFICER 63607 SEE PART V false BENJAMIN LAITMAN FAMILY MEMBER OF TRUSTEE 34921 SEE PART V false ALEX CHARNEY FAMILY MEMBER OF OFFICER 20763 SEE PART V false SUBSTANTIAL CONTRIBUTOR- SCH B 588 SUBSTANTIAL CONTRIBUTOR 7410862 CONSTRUCTION false SUBSTANTIAL CONTRIBUTOR- SCH B 820 SUBSTANTIAL CONTRIBUTOR 127639 Architecture false SUBSTANTIAL CONTRIBUTOR-SCH B 1156 SUBSTANTIAL CONTRIBUTOR 243246 PHARMACEUTICALS false SUBSTANTIAL CONTRIBUTOR- SCH B 504 SUBSTANTIAL CONTRIBUTOR 265369 STAFFING SERVICES false SUBSTANTIAL CONTRIBUTOR- SCH B 66 SUBSTANTIAL CONTRIBUTOR 682236 RESEARCH PRODUCTS/SERVICES false SUBSTANTIAL CONTRIBUTOR- SCH B 465 SUBSTANTIAL CONTRIBUTOR 9562838 RESEARCH PRODUCTS/SERVICES false Schedule L, Part IV, Column D BUSINESS TRANSACTIONS INVOLVING INTERESTED PARTIES: NAME OF INTERESTED PERSON: GARY B. DAVIS OFFICER KENNETH DAVIS HAS A FAMILY RELATIONSHIP WITH GARY B. DAVIS WHO IS EMPLOYED BY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. NAME OF INTERESTED PERSON: ELISSA G. FRIEDMAN TRUSTEE ROBERT FRIEDMAN HAS A FAMILY RELATIONSHIP WITH ELISSA G. FRIEDMAN WHO IS EMPLOYED BY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. NAME OF INTERESTED PERSON: MARGARET RUTTENBERG TRUSTEE ERIC RUTTENBERG HAS A FAMILY RELATIONSHIP WITH MARGARET RUTTENBERG WHO IS EMPLOYED BY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. NAME OF INTERESTED PERSON: KAREN KOSTEGAN OFFICER MARK KOSTEGAN HAS A FAMILY RELATIONSHIP WITH KAREN KOSTEGAN WHO IS EMPLOYED BY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. NAME OF INTERESTED PERSON: BENJAMIN LAITMAN TRUSTEE JEFFREY LAITMAN, RESIGNED APRIL 2014, HAS A FAMILY RELATIONSHIP WITH BENJAMIN LAITMAN WHO IS A STUDENT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. NAME OF INTERESTED PERSON: ALEX CHARNEY OFFICER DENNIS CHARNEY HAS A FAMILY RELATIONSHIP WITH ALEX CHARNEY WHO IS EMPLOYEED BY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. X 6 111000 RESALE VALUE X 7485 RESALE VALUE X 10443 RESALE VALUE X 91 4276786 RESALE VALUE X 2 3200 RESALE VALUE X COSMETICS 4 53200 resale value X DINING & ENTERTAINMENT 44 40353 resale value X ELECTRONICS 2 1647 resale value X FLOWER 1 350 resale value X GIFT BASKET 11 36618 resale value X GIFT CERTIFICATE 13 4285 resale value X FURNITURE 5 49668 resale value X JEWLERY 4 19855 resale value X WATER FILTRATION SYSTEM 1 2040 resale value X SPORTS TICKETS 4 10900 RESALE VALUE X STATIONARY 1 100 RESALE VALUE X WINE 2 2250 RESALE VALUE X VACATION 14 60418 RESALE VALUE X ACCESSORIES 1 23031 RESALE VALUE 1 false true true SCHEDULE M, PART I, LINE 9 * 11,250 SHARES OF PROCTER & GAMBLE VALUED AT $1,019,817 * 500,000 SHARES OF MORGAN STANLEY GLOBAL MTN NT SER F VALUED AT $574,304 * 2,200 SHARES OF PROCTOR & GAMBLE VALUED AT $204,822 * 15,500 SHARES OF NORDION VALUED AT $199,636 * 658 SHARES OF IBM VALUED AT $103,618 * 411 SHARES OF PRECISION CASTPARTS VALUED AT $101,230 * 1,840 SHARES OF CBS CORP VALUED AT $100,614 * 1,575 SHARES OF VF CORP NPV VALUED AT $99,895 * 4,000 SHARES OF INTERXION VALUED AT $99,238 * 2,590 SHARES OF FIRST EAGLE FUND-FEAFX VALUED AT $99,793 * 1,800 SHARES OF CROWN HOLDINGS VALUED AT $82,969 * 814 SHARES OF TARGET VALUED AT $60,333 * SHARES OF 1,916.446 SHARES OF PUTNAM VOYAGER FUND VALUED AT $58,638 * 207 SHARES OF PRECISION CASTPARTS VALUED AT $50,935 * 850 SHARES OF CBS VALUED AT $56,571 * 675 SHARES OF FACEBOOK VALUED AT $51,045 * 965 SHARES OF CBS CORP VALUED AT $51,166 * 760 SHARES OF CBS CORPORATION CL B VALUED AT $50,082 * 838 SHARES OF CBS CORP. VALUED AT $50,925 * 927 SHARES OF CBS CORP VALUED AT $51,166 * 795 SHARES OF CBS CORPORATION CL B VALUED AT $49,095 * 262 SHARES OF INTERNATIONAL BUSINESS MACHINES CORP. VALUED AT $49,477 * 242 SHARES OF MCKESSON CORP VALUED AT $49,246 * 290 SHARES OF GOLDMAN SACHS VALUED AT $48,704 * 716 SHARES OF CBS CORP. VALUED AT $38,277 * 245 SHARES OF IDEXX LABS VALUED AT $36,339 * 480 SHARES OF JPMORGAN CHASE VALUED AT $30,039 * 660 SHARES OF NIELSEN VALUED AT $29,725 * 183 SHARES OF MOHAWK INDUSTRIES VALUED AT $27,843 * 1,027 SHARES OF GENERAL ELECTRIC VALUED AT $26,047 * 424 SHARES OF JPMORGAN CHASE VALUED AT $25,992 * 500 SHARES OF NUCOR VALUED AT $25,228 * 342 SHARES OF INTERMUNE VALUED AT $25,091 * 245 SHARES OF NEXTERA VALUED AT $24,777 * 240 SHARES OF JOHNSON & JOHNSON VALUED AT $23,806 * 410 SHARES OF CBS CORPORATION CL B VALUED AT $24,901 * 500 SHARES OF LIBERTY BROADBAND VALUED AT $24,681 * 238 SHARES OF ASML HOLDING NV VALUED AT $21,609 * 275 SHARES OF VIACOM VALUED AT $20,695 * 177 SHARES OF UNITED TECH VALUED AT $19,909 * 593 SHARES OF INTEL CORP VALUED AT $19,520 * 763 SHARES OF JPMORGAN TAX AWARE EQUITY FUND INSTITUTIONAL JPDEX VALUED AT $20,069 * 202 SHARES OF WALT DISNEY VALUED AT $17,049 * 125 SHARES OF VANGUARD MID-CAP VALUED AT $15,450 * 100 SHARES OF IBM VALUED AT $15,248 * 148 SHARES OF APPLE VALUED AT $15,127 * 824 SHARES OF IVWIX-IVA WORLDWIDE FUND CLASS I- VALUED AT $15,087 * 312 SHARES OF WORLD FUEL SERVICES VALUED AT $14,220 * 93 SHARES OF VALEANT PHARMACEUTICALS VALUED AT $13,455 * 143 SHARES OF MAGELLAN MIDSTEAM VALUED AT $12,079 * 75 SHARES OF VALEANT PHARMECEUTICALS INT'L VALUED AT $10,527 * 90 SHARES OF VANGUARD SMALL-CAP VALUED AT $10,375 * 500 SHARES OF NIC INC. VALUED AT $9,960 * 340 SHARES OF GRIFFIN LAND & NURSERIES VALUED AT $10,180 * 200 SHARES OF CBS CORPORATION CL B VALUED AT $10,346 * 16 SHARES OF WHITE MOUNTAINS INSURANCE VALUED AT $10,069 * 235 SHARES OF SIX FLAGS VALUED AT $10,059 * 95 SHARES OF TARGA RESOURCES VALUED AT $9,987 * 1,200 SHARES OF UNIVERSAL AMERICAN CORP VALUED AT $9,752 * 100 SHARES OF KINDER MORGAN ENERGY VALUED AT $9,251 * 56 SHARES OF ADVANCE AUTO PARTS VALUED AT $8,190 * 50 SHARES OF TIME WARNER CABLE VALUED AT $7,256 * 70 SHARES OF HOME DEPOT VALUED AT $6,915 * 20 SHARES OF SPDR VALUED AT $5,106 * 79 SHARES OF ABBVIE, INC. VALUED AT $5,092 * 60 SHARES OF DIRECTV VALUED AT $5,092 * 90 SHARES OF CBS CORPORATION CL B VALUED AT $5,036 * 57 SHARES OF COCA COLA FEMSA VALUED AT $4,922 * 157 SHARES OF MFS INTERNATIONAL VALUE VALUED AT $4,762 * 80 SHARES OF ALTRIA GROUP VALUED AT $3,932 * 50 SHARES OF FISERV VALUED AT $3,452 * 30 SHARES OF MOODY'S CORP. VALUED AT $2,835 * 100 SHARES OF YANDEZ VALUED AT $2,143 * 13 SHARES OF IBM VALUED AT $2,017 * 20 SHARES OF EXXON MOBIL VALUED AT $1,877 * 45 SHARES OF ABBOTT LAB VALUED AT $1,892 * 4 SHARES OF BLACKROCK VALUED AT $1,223 * 8 SHARES OF SIGMA ALDRICH VALUED AT $1,043 * 10 SHARES OF JOHNSON & JOHNSON VALUED AT $992 * 20 SHARES OF GENERAL MILLS VALUED AT $1,002 * 8 SHARES OF PRAXAIR VALUED AT $946 * 16 SHARES OF WALGREEN CO VALUED AT $952 * 19 SHARES OF AMPHENOL VALUED AT $947 * 15 SHARES OF MICRON TECHNOLOGY VALUED AT $511 * 478 SHARES OF ZOETIS VALUED AT $15,527 * 500 SHARES OF STERICYCLE VALUED AT $58,672 * 100 SHARES OF METTLER-TOLEDO VALUED AT $24,625 * 100 SHARES OF LILLY CO. VALUED AT $5,826 * 440 SHARES OF FRANKLIN RESOURCES VALUED AT $24,918 * 100 SHARES OF COSTCO VALUED AT $11,451 * 100 SHARES OF AMGEN VALUED AT $11,544 SCHEDULE M, PART I, LINE 32B NON-CASH DONATIONS ARE RESOLD THROUGH OUTSIDE AUCTION HOUSES. PART I, LINE 5 NUMBER OF EMPLOYEES All employees of The Mount Sinai Hospital and The 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's tax identification number is 23,734. IN ADDITION TO UTILIZING THE COMMON PAYMASTER SYSTEM, the school MAINTAINS A PAYROLL OF ITS OWN PERTAINING TO OUT OF STATE OPERATIONS. THE TOTAL NUMBER OF EMPLOYEES REPORTED UNDER THE school'S TAX IDENTIFICATION NUMBER IS 15 INDIVIDUALS. The number of direct School employees is 10,061. PART III, LINE 1 ORGANIZATION MISSION STATEMENT ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI COMMITS TO THE ADVANCEMENT OF THE ART AND SCIENCE OF MEDICINE THROUGH CLINICAL EXCELLENCE. THIS CENTRAL MISSION CONSISTS OF QUALITY PATIENT CARE AND TEACHING CONDUCTED IN AN ATMOSPHERE OF SOCIAL CONCERN AND SCHOLARLY INQUIRY INTO THE NATURE, CAUSATION, PREVENTION AND TREATMENT OF HUMAN DISEASE. PART VI, SECTION A, LINE 2 FAMILY/BUSINESS RELATIONSHIPS *TRUSTEES GLENN DUBIN AND ERIC RUTTENBERG HAVE A BUSINESS RELATIONSHIP. *TRUSTEES JAMES FLYNN AND STEVE HOCHBERG HAVE A BUSINESS RELATIONSHIP. *TRUSTEES DONALD GOGEL AND HENRY KRAVIS HAVE A BUSINESS RELATIONSHIP. *TRUSTEES MICHAEL GROSS AND STEVE HOCHBERG HAVE A BUSINESS RELATIONSHIP. *TRUSTEES JAMES CRYSTAL AND JEAN CRYSTAL HAVE A FAMILY RELATIONSHIP. *TRUSTEES JUDITH RUBIN AND THE HON. ROBERT E. RUBIN HAVE A FAMILY RELATIONSHIP. *TRUSTEES GLENN DUBIN AND EVA ANDERSSON DUBIN HAVE A FAMILY RELATIONSHIP. *TRUSTEES CARL ICAHN AND GAIL GOLDEN-ICAHN HAVE A FAMILY RELATIONSHIP. PART VI, SECTION A, LINE 4 The Bylaws of Icahn School of Medicine at Mount Sinai 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 Monitoring & enforcing compliance with the 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. PART VI, SECTION B, LINES 15A & 15B 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 and 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 VII, LINE 2 Employees who received more than $100,000 in compensation Direct School employees who receive more than $100,000 total 3,011. This excludes employees of the other entities for which the Hospital operates as the paymaster as described in the Schedule O explanation for IRS Form 990, Core Form Part I, Line 5. PART XI, LINE 9 THE $ 3,094,236 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. MOUNT SINAI CARE LLC 1 GUSTAVE LEVY PLACE BOX 1061 NEW YORK NY 10029 454492275 ACCT CARE ORG NY 3964162 0 ISMMS 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 true 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 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 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 false true true false false false false true true false false true true true true true false true THE MOUNT SINAI HOSPITAL c 36196704 COST THE MOUNT SINAI HOSPITAL d 2604752 COST THE MOUNT SINAI HOSPITAL j 7441665 COST THE MOUNT SINAI HOSPITAL n 12683208 COST THE MOUNT SINAI HOSPITAL o 27961342 COST THE MOUNT SINAI HOSPITAL p 1057739000 COST THE MOUNT SINAI HOSPITAL q 206082585 COST THE MOUNT SINAI MEDICAL CENTER INC I 3257351 cost THE MOUNT SINAI MEDICAL CENTER INC s 506180 COST VALENTIN FUSTER MT SINAI FND SCI HLTH c 1015081 cost THE MOUNT SINAI HOSPITAL s 506180 cost THE MOUNT SINAI HOSPITAL i 3257351 COST MOUNT SINAI CHILDREN'S CENTER FOUNDATION inc c 3022820 COST MOUNT SINAI CHILDREN'S CENTER FOUNDATION inc o 195074 cost new york eye and ear infirmary q 263801 cost MITRAL FOUNDATION O 192969 COST MOUNT SINAI BETH ISRAEL q 4351829 COST MOUNT SINAI ST LUKE'S-ROOSEVELT q 3892838 COST MITRAL FOUNDATION C 198867 COST THE MOUNT SINAI MEDICAL CENTER INC i 714163014 fmv THE MOUNT SINAI MEDICAL CENTER INC i 3208595 fmv THE MOUNT SINAI MEDICAL CENTER INC i 1245190 fmv THE MOUNT SINAI HOSPITAL c 3964162 cost THE MOUNT SINAI HOSPITAL c 654012 cost MSMC RESIDENTIAL REALTY LLC c 501338 cost MSMC REALTY CORPORATION c 438848 cost PART II, LINE 5, 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 6, 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 1, 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.