ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI (EIN 13-6171197)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-13
- IRS object ID
- 201423179349304652
- Schema version
- 2013v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-13T14:00:49-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE STE 4000 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136171197 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % STEPHEN HARVEY | InCareOfNm |
| Business Name Control | ICAH | BusinessNameControlTxt |
| Phone | 2127313413 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE GUSTAVE L LEVY PLACE | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10029 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN HARVEY | PersonNm |
| Person Title | SENIOR VP & CFO | PersonTitleTxt |
| Signature | 2014-11-13 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANGELA M MOORE | PreparerPersonNm |
| PTIN | P00244342 | PTIN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STEPHEN HARVEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One Gustave L Levy Place | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10029 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,650,143,474 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://WWW.ICAHN.MSSM.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1964 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 56 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 50 | VotingMembersIndependentCnt |
| Total Employee | 9647 | TotalEmployeeCnt |
| Total Volunteers | 533 | TotalVolunteersCnt |
| Total Gross UBI | $159,639 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $120,334 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $143,059,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $173,606,651 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,285,196,533 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,350,922,320 | CYProgramServiceRevenueAmt |
| PY Investment Income | $34,781,981 | PYInvestmentIncomeAmt |
| CY Investment Income | $35,467,354 | CYInvestmentIncomeAmt |
| PY Other Revenue | $107,746,968 | PYOtherRevenueAmt |
| CY Other Revenue | $88,014,733 | CYOtherRevenueAmt |
| PY Total Revenue | $1,570,784,482 | PYTotalRevenueAmt |
| CY Total Revenue | $1,648,011,058 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,169,636 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,755,856 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,014,398,886 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,150,124,616 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,517,954 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $474,324,050 | PYOtherExpensesAmt |
| CY Other Expenses | $470,593,955 | CYOtherExpensesAmt |
| PY Total Expenses | $1,491,892,572 | PYTotalExpensesAmt |
| CY Total Expenses | $1,629,474,427 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $78,891,910 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,536,631 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,206,505,880 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,280,446,792 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,171,600,354 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,156,422,729 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,034,905,526 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,124,024,063 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $242,391,977 | ExpenseAmt |
| Grant | $8,755,856 | GrantAmt |
| Revenue | $213,201,263 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $276,161,325 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $344,146,868 | RevenueAmt |
| Desc | 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. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $866,628,718 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $801,099,993 | RevenueAmt |
| Desc | ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PROVIDES BASIC AND TERTIARY PHYSICIANS SERVICES TO PATIENTS ON AN ONGOING BASIS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $0 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $1,385,182,020 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | Yes (true) | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1585 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 9647 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 56 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 50 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN HARVEY | PersonNm |
| Phone | 2127313413 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 633 3RD AVENUE 10TH FLOOR - BOX 45 | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (97 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| peter w may | ||||||||||
| Chairman of board of trustees | 2.0 | 14.0 | Yes (X) | Yes (X) | ||||||
| frederick A klingenstein | ||||||||||
| honorary chairman/trustee | 2.0 | 10.0 | Yes (X) | Yes (X) | ||||||
| donald j gogel | ||||||||||
| senior vice chairman/trustee | 2.0 | 12.0 | Yes (X) | Yes (X) | ||||||
| michael minikes | ||||||||||
| senior vice chairman/trustee | 1.0 | 8.0 | Yes (X) | Yes (X) | ||||||
| robert e rubin | ||||||||||
| senior vice chairman/trustee | 2.0 | 10.0 | Yes (X) | Yes (X) | ||||||
| james w crystal | ||||||||||
| vice chairman/trustee | 2.0 | 10.0 | Yes (X) | Yes (X) | ||||||
| glenn dubin | ||||||||||
| vice chairman/trustee | 2.0 | 10.0 | Yes (X) | Yes (X) | ||||||
| joel s ehrenkranz | ||||||||||
| vice chairman/trustee | 2.0 | 12.0 | Yes (X) | Yes (X) | ||||||
| ellen katz | ||||||||||
| vice chairMAN/trustee | 2.0 | 12.0 | Yes (X) | Yes (X) | ||||||
| henry r kravis | ||||||||||
| vice chairman/trustee | 2.0 | 10.0 | Yes (X) | Yes (X) | ||||||
| john a levin | ||||||||||
| vice chairman/trustee | 2.0 | 12.0 | Yes (X) | Yes (X) | ||||||
| eric mindich | ||||||||||
| vice chairman/trustee | 2.0 | 12.0 | Yes (X) | Yes (X) | ||||||
| Andrew m saul | ||||||||||
| vice chairman/trustee | 2.0 | 13.0 | Yes (X) | Yes (X) | ||||||
| thomas w strauss | ||||||||||
| vice chairman/trustee | 2.0 | 12.0 | Yes (X) | Yes (X) | ||||||
| thomas r block | ||||||||||
| treasurer/trustee | 2.0 | 2.0 | Yes (X) | Yes (X) | ||||||
| christopher w brody | ||||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | |||||||
| charles r bronfman | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | |||||||
| jean c crystal | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | |||||||
| steven g einhorn | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | |||||||
| blaine v fogg | ||||||||||
| SEC/VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | Yes (X) | Yes (X) | ||||||
| richard a friedman | ||||||||||
| VICE CHAIRMAN/TRUSTEE | 2.0 | 10.0 | Yes (X) | Yes (X) | ||||||
| arne glimcher | ||||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | |||||||
| Michael s gross | ||||||||||
| Trustee (ex-officio) | 1.0 | 0.0 | Yes (X) | |||||||
| vicki gross | ||||||||||
| trustee (ex-officio) | 1.0 | 0.0 | Yes (X) | |||||||
| george j grumbach jr | ||||||||||
| trustee | 1.0 | 1.0 | Yes (X) | |||||||
| carl c icahn | ||||||||||
| trustee | 1.0 | 0.0 | Yes (X) | |||||||
| lewis p jones | ||||||||||
| trustee | 1.0 | 0.0 | Yes (X) | |||||||
| patricia s levinson | ||||||||||
| trustee | 1.0 | 5.0 | Yes (X) | |||||||
| bernard w nussbaum | ||||||||||
| trustee | 1.0 | 6.0 | Yes (X) | |||||||
| judith O rubin | ||||||||||
| trustee | 1.0 | 6.0 | Yes (X) | |||||||
| stephen l schwartz | ||||||||||
| trustee | 1.0 | 0.0 | Yes (X) | |||||||
| daniel h stern | ||||||||||
| trustee | 1.0 | 0.0 | Yes (X) | |||||||
| michael j urfirer | ||||||||||
| trustee | 1.0 | 0.0 | Yes (X) | |||||||
| robert friedman | ||||||||||
| trustee | 1.0 | 0.0 | Yes (X) | |||||||
| robin neustein | ||||||||||
| trustee | 1.0 | 0.0 | Yes (X) | |||||||
| eric m ruttenberg | ||||||||||
| trustee | 1.0 | 1.0 | Yes (X) | |||||||
| JENNIFER PRICE | ||||||||||
| trustee (ex-officio) | 1.0 | 1.0 | Yes (X) | |||||||
| RICHARD RAVITCH | ||||||||||
| VICE CHAIRMAN/TRUSTEE | 2.0 | 12.0 | Yes (X) | Yes (X) | ||||||
| Gail GoldenIcahn | ||||||||||
| trustee | 1.0 | 0.0 | Yes (X) | |||||||
| BOBBIE ABRAMS | ||||||||||
| TRUSTEE | 1.0 | 4.5 | Yes (X) | |||||||
| LEON D BLACK | ||||||||||
| TRUSTEE | 1.0 | 0.0 | Yes (X) | |||||||
| TANVIR CHOUDHRI MD | ||||||||||
| TRUSTEE (ex-officio) | 1.0 | 0.0 | Yes (X) | |||||||
| EVA ANDERSSON DUBIN MD | ||||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | |||||||
| JAMES E FLYNN | ||||||||||
| TRUSTEE | 1.0 | 6.5 | Yes (X) | |||||||
| JEROME GOLDSTEIN | ||||||||||
| TRUSTEE | 1.0 | 4.5 | Yes (X) | |||||||
| RICHARD A GOLDSTEIN | ||||||||||
| TRUSTEE | 1.0 | 5.5 | Yes (X) | |||||||
| STEVE HOCHBERG | ||||||||||
| SENIOR VICE CHAIRMAN/TRUSTEE | 2.0 | 16.5 | Yes (X) | Yes (X) | ||||||
| MORTON P HYMAN | ||||||||||
| VICE CHAIRMAN/TRUSTEE | 2.0 | 13.5 | Yes (X) | Yes (X) | ||||||
| BRAD KARP | ||||||||||
| TRUSTEE | 1.0 | 1.0 | Yes (X) | |||||||
| JAMES KEMPNER | ||||||||||
| TRUSTEE | 3.0 | 3.0 | Yes (X) | |||||||
| EUGENE MERCY JR | ||||||||||
| TRUSTEE | 1.0 | 6.5 | Yes (X) | |||||||
| ALICE NETTER | ||||||||||
| TRUSTEE | 1.0 | 5.5 | Yes (X) | |||||||
| LEWIS C PELL | ||||||||||
| TRUSTEE | 1.0 | 4.5 | Yes (X) | |||||||
| JOEL I PICKET | ||||||||||
| VICE CHAIRMAN/TRUSTEE | 2.0 | 12.5 | Yes (X) | Yes (X) | ||||||
| WILLIAM H WRIGHT II | ||||||||||
| TRUSTEE | 1.0 | 5.5 | Yes (X) | |||||||
| DR JEFFREY T LAITMAN | ||||||||||
| Trustee (Ex-Officio) | 55.0 | 0.0 | Yes (X) | $0 | $199,790 | $47,992 | ||||
| Kenneth L Davis MD | ||||||||||
| Chief Executive Officer | 17.0 | 40.0 | Yes (X) | $1,856,482 | $2,230,122 | $59,500 | ||||
| Dennis Charney MD 1 | ||||||||||
| DEAN | 44.0 | 15.0 | Yes (X) | $1,523,643 | $0 | $44,090 | ||||
| donald t scanlon | ||||||||||
| EVP, FINANCE/CHIEF CORP. SRVCS | 17.0 | 45.5 | Yes (X) | $723,742 | $870,338 | $55,432 | ||||
| jeffrey silberstein | ||||||||||
| EVP, CHIEF OPERATING OFFICER | 17.0 | 39.0 | Yes (X) | $486,542 | $584,968 | $42,090 | ||||
| stephen harvey | ||||||||||
| SVP, CHIEF FINANCIAL OFFICER | 55.0 | 4.0 | Yes (X) | $711,564 | $0 | $71,721 | ||||
| mark kostegan fahp | ||||||||||
| SVP, CHIEF DEVELOPMENT OFFICER | 33.0 | 25.0 | Yes (X) | $922,278 | $464,913 | $45,562 | ||||
| jane maksoud | ||||||||||
| SVP, CHIEF HUMAN RESOURCES | 17.0 | 39.0 | Yes (X) | $397,079 | $352,127 | $58,436 | ||||
| JAMES S TISCH | ||||||||||
| senior vice chairman | 2.0 | 12.0 | Yes (X) | |||||||
| frank cino | ||||||||||
| Senior VP, Chief Risk Officer | 10.0 | 46.0 | Yes (X) | $206,250 | $336,512 | $49,358 | ||||
| margaret pastuszko | ||||||||||
| EVP, CHIEF INTEGRATION OFFICER | 18.0 | 38.0 | Yes (X) | $426,499 | $505,619 | $53,368 | ||||
| KUMAR CHATANI | ||||||||||
| SVP, CHIEF INFORMATION OFFICER | 8.0 | 48.0 | Yes (X) | $87,048 | $678,866 | $43,010 | ||||
| MARK CALLAHAN MD | ||||||||||
| EVP, CHIEF EXEC. OFFICER FPA | 17.0 | 40.0 | Yes (X) | $397,941 | $300,489 | $33,403 | ||||
| JEREMY BOAL MD | ||||||||||
| EVP CHIEF MEDICAL OFFICER | 1.0 | 56.0 | Yes (X) | $0 | $749,581 | $14,039 | ||||
| BETH ESSIG | ||||||||||
| EVP, GENERAL COUNSEL | 17.0 | 40.5 | Yes (X) | $65,897 | $765,607 | $39,160 | ||||
| ARTHUR KLEIN MD | ||||||||||
| EVP, PRES OF HEALTH NETWORK | 1.0 | 58.0 | Yes (X) | $0 | $1,269,101 | $9,049 | ||||
| LEONARD ACHAN | ||||||||||
| SVP, CHIEF MARKETING OFFICER | 11.0 | 45.0 | Yes (X) | $177,290 | $316,693 | $49,274 | ||||
| MARC NAPP MD | ||||||||||
| SVP, CHIEF MEDICAL AFFAIRS OFF | 1.0 | 56.0 | Yes (X) | $0 | $243,124 | $14,466 | ||||
| MICHAEL SCHAFFER | ||||||||||
| SVP, COO OF FPA | 55.0 | 0.0 | Yes (X) | $488,285 | $0 | $29,341 | ||||
| jane whitney | ||||||||||
| vp & chief compliance officer | 26.0 | 30.0 | $149,850 | $162,338 | $41,618 | Yes (X) | ||||
| BARABRA MURPHY MD | ||||||||||
| CHAIRMAN DEPT. OF MEDICINE | 55.0 | 0.0 | $905,769 | $0 | $49,406 | Yes (X) | ||||
| David B Samadi MD | ||||||||||
| ASSOCIATE PROFESSOR | 55.0 | 0.0 | $9,112,692 | $0 | $23,709 | Yes (X) | ||||
| Samin Sharma MD | ||||||||||
| PROFESSOR | 55.0 | 0.0 | $4,649,792 | $0 | $47,253 | Yes (X) | ||||
| Andrew Hecht MD | ||||||||||
| CHIEF | 55.0 | 0.0 | $9,319,495 | $0 | $41,575 | Yes (X) | ||||
| SHEERAZ QURESHI MD | ||||||||||
| ASSOCIATE PROFESSOR | 55.0 | 0.0 | $6,228,992 | $0 | $39,785 | Yes (X) | ||||
| DAVID ADAMS MD1 | ||||||||||
| CHAIRMAN | 55.0 | 1.0 | $4,509,038 | $0 | $45,540 | Yes (X) | ||||
| michael macdonald2 | ||||||||||
| former officer | 28.0 | 29.0 | $481,580 | $481,580 | $58,332 | Yes (X) | ||||
| deborah Marin md2 | ||||||||||
| former officer | 17.0 | 38.0 | $135,505 | $316,180 | $38,755 | Yes (X) | ||||
| elana abraham 23 | ||||||||||
| former officer | 14.0 | 42.0 | $0 | $240,306 | $50,812 | Yes (X) | ||||
| jessica moise2 | ||||||||||
| former officer | 55.0 | 0.0 | $168,061 | $0 | $36,160 | Yes (X) | ||||
| john morrison 124 | ||||||||||
| former officer | 55.0 | 0.0 | $460,373 | $0 | $50,769 | Yes (X) | ||||
| jasmin moshirpur md2 | ||||||||||
| former officer | 55.0 | 0.0 | $536,802 | $0 | $68,908 | Yes (X) | ||||
| david muller md24 | ||||||||||
| former officer | 55.0 | 0.0 | $441,287 | $0 | $45,453 | Yes (X) | ||||
| barry stimmel md2 | ||||||||||
| former officer | 46.0 | 9.0 | $187,711 | $35,224 | $56,252 | Yes (X) | ||||
| hugh sampson md2 | ||||||||||
| former officer | 55.0 | 0.0 | $495,767 | $0 | $40,213 | Yes (X) | ||||
| maureen milici 2 | ||||||||||
| former officer | 55.0 | 0.0 | $157,781 | $0 | $0 | Yes (X) | ||||
| LYNN kasner-morgan2 | ||||||||||
| former officer | 55.0 | 0.0 | $102,104 | $0 | $8,281 | Yes (X) | ||||
| phyllis schnepf2 | ||||||||||
| former officer | 55.0 | 0.0 | $353,557 | $0 | $42,971 | Yes (X) | ||||
| Douglas Jabs MD2 | ||||||||||
| former officer | 55.0 | 1.0 | $845,256 | $0 | $48,098 | Yes (X) | ||||
| philip landrigan 24 | ||||||||||
| former officer | 55.0 | 0.0 | $450,842 | $0 | $56,145 | Yes (X) | ||||
| CONNIE C KLEPPER2 | ||||||||||
| former officer | 28.0 | 29.0 | $151,991 | $151,991 | $37,044 | Yes (X) | ||||
| ROBERT DESNICK 24 | ||||||||||
| former officer | 55.0 | 0.0 | $251,181 | $0 | $60,120 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $48,565,966 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $11,255,469 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,746,490 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2360 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MCKESSON SPECIALTY CARE | |||||
| ONE POST STREET | SAN FRANCISCO | CA | 94104 | MEDICAL | $3,874,278 |
| JACKSON LABORATORY | |||||
| 600 MAIN STREET | BAR HARBOR | MN | 04609 | LAB SERVICES | $1,379,137 |
| CHARLES RIVER LABORATORIES | |||||
| 251 BALLARDVALE STREET | WILMINGTON | MA | 01887 | LAB SERVICES | $1,167,234 |
| BRIGHAM AND WOMEN'S HOSPITAL | |||||
| 75 FRANCIS STREET | BOSTON | MA | 02115 | HOSPITAL | $928,212 |
| INSTITUTE FOR FAMILY HEALTH | |||||
| 16 EAST 16TH STREET | NEW YORK | NY | 10003 | HOSPITAL | $923,298 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 75 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $7,896,732 | FundraisingAmt |
| Related Organizations | $32,158,629 | RelatedOrganizationsAmt |
| Government Grants | $175,938 | GovernmentGrantsAmt |
| All Other Contributions | $133,375,352 | AllOtherContributionsAmt |
| Noncash Contributions | $3,994,375 | NoncashContributionsAmt |
| Total Contributions | $173,606,651 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PATIENT CARE/LAB SERVICES | 621500 | $598,068,995 | $598,068,995 |
| FEDERAL CONTRACTS | 541700 | $277,758,558 | $277,758,558 |
| NYC HEALTH AND HOSP. CORP. | 621400 | $203,030,998 | $203,030,998 |
| MOUNT SINAI HOSPITAL CARTS | 561000 | $178,370,577 | $178,370,577 |
| PRIVATE CONTRACTS | 541700 | $66,388,310 | $66,388,310 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $27,304,882 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $27,304,882 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,350,922,320 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,410,660 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $105,564 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,305,096 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,008 | TotalRevenueColumnAmt |
| Exclusion | $70,008 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,189,837 | TotalRevenueColumnAmt |
| Exclusion | $42,189,837 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,636,400 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,636,400 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,636,400 | TotalRevenueColumnAmt |
| Exclusion | $7,636,400 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,986,686 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $28,986,686 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,986,686 | TotalRevenueColumnAmt |
| Exclusion | $28,986,686 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $746,489 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $7,896,732 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $2,132,416 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,385,927 | TotalRevenueColumnAmt |
| Exclusion | -$1,385,927 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| MASTERS PROGRAM TUITION & RELATED FEES | 900099 | $5,488,322 | $5,488,322 | |
| PARKING GARAGE | 812930 | $2,951,507 | $2,951,507 | |
| MEDICAL EDUCATION | 611710 | $2,037,482 | $2,037,482 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,097,112 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $54,075 | UnrelatedBusinessRevenueAmt |
| Exclusion | $29,043,037 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $39,574,423 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,648,011,058 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,358,448,124 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $159,639 | UnrelatedBusinessRevenueAmt |
| Exclusion | $115,796,644 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,401,980 | TotalAmt |
| Program Services | $5,401,980 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,353,876 | TotalAmt |
| Program Services | $3,353,876 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,213,934 | TotalAmt |
| Program Services | $1,202,957 | ProgramServicesAmt |
| Management And General | $7,712,382 | ManagementAndGeneralAmt |
| Fundraising | $1,298,595 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $964,751,852 | TotalAmt |
| Program Services | $904,922,798 | ProgramServicesAmt |
| Management And General | $57,281,668 | ManagementAndGeneralAmt |
| Fundraising | $2,547,386 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,958,644 | TotalAmt |
| Program Services | $26,270,935 | ProgramServicesAmt |
| Management And General | $2,532,487 | ManagementAndGeneralAmt |
| Fundraising | $155,222 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,770,296 | TotalAmt |
| Program Services | $99,140,684 | ProgramServicesAmt |
| Management And General | $8,052,860 | ManagementAndGeneralAmt |
| Fundraising | $576,752 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,429,890 | TotalAmt |
| Program Services | $33,712,441 | ProgramServicesAmt |
| Management And General | $4,423,251 | ManagementAndGeneralAmt |
| Fundraising | $294,198 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,476,512 | TotalAmt |
| Program Services | $22,106,944 | ProgramServicesAmt |
| Management And General | $1,160,815 | ManagementAndGeneralAmt |
| Fundraising | $208,753 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,999,057 | TotalAmt |
| Management And General | $6,920,989 | ManagementAndGeneralAmt |
| Fundraising | $78,068 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,827,186 | TotalAmt |
| Management And General | $2,827,186 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,433,917 | TotalAmt |
| Management And General | $2,433,917 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,738,561 | TotalAmt |
| Program Services | $4,324,104 | ProgramServicesAmt |
| Management And General | $1,408,660 | ManagementAndGeneralAmt |
| Fundraising | $5,797 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,542,303 | TotalAmt |
| Program Services | $2,528,686 | ProgramServicesAmt |
| Management And General | $2,997,751 | ManagementAndGeneralAmt |
| Fundraising | $15,866 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,322,121 | TotalAmt |
| Program Services | $49,124,505 | ProgramServicesAmt |
| Management And General | $2,907,360 | ManagementAndGeneralAmt |
| Fundraising | $290,256 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,082,831 | TotalAmt |
| Program Services | $1,405,491 | ProgramServicesAmt |
| Management And General | $11,605,833 | ManagementAndGeneralAmt |
| Fundraising | $71,507 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,374,727 | TotalAmt |
| Management And General | $16,374,727 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,257,012 | TotalAmt |
| Program Services | $50,295,990 | ProgramServicesAmt |
| Management And General | $32,601,461 | ManagementAndGeneralAmt |
| Fundraising | $359,561 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,526,607 | TotalAmt |
| Program Services | $2,026,355 | ProgramServicesAmt |
| Management And General | $476,645 | ManagementAndGeneralAmt |
| Fundraising | $23,607 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,537,140 | TotalAmt |
| Program Services | $10,928,244 | ProgramServicesAmt |
| Management And General | $290,514 | ManagementAndGeneralAmt |
| Fundraising | $318,382 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,117,752 | TotalAmt |
| Program Services | $102,895 | ProgramServicesAmt |
| Management And General | $31,014,857 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,204,449 | TotalAmt |
| Program Services | $39,053,846 | ProgramServicesAmt |
| Management And General | $30,136,186 | ManagementAndGeneralAmt |
| Fundraising | $14,417 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,545,528 | TotalAmt |
| Program Services | $19,815,100 | ProgramServicesAmt |
| Management And General | $730,428 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| MEDICAL SUPPLIES | $69,613,931 | $65,924,331 | $3,689,600 | |
| TELECOMMUNICATIONS | $6,267,851 | $1,779,374 | $4,470,762 | $17,715 |
| PERIODICALS & PUBLISHING | $4,155,554 | $1,240,917 | $2,715,390 | $199,247 |
| TUITION | $3,710,394 | $2,137,629 | $1,572,765 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,860,521 | TotalAmt |
| Program Services | $38,381,938 | ProgramServicesAmt |
| Management And General | $1,435,959 | ManagementAndGeneralAmt |
| Fundraising | $42,625 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,629,474,427 | TotalAmt |
| Program Services | $1,385,182,020 | ProgramServicesAmt |
| Management And General | $237,774,453 | ManagementAndGeneralAmt |
| Fundraising | $6,517,954 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,971,068 | BOYAmt |
| EOY | $8,385,575 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $66,607,631 | BOYAmt |
| EOY | $66,989,129 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,491,656 | BOYAmt |
| EOY | $133,695,375 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,230,168 | BOYAmt |
| EOY | $69,867,315 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,700,000 | BOYAmt |
| EOY | $1,500,000 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,613,573 | BOYAmt |
| EOY | $75,214,757 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,820,355 | BOYAmt |
| EOY | $8,442,450 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,537,397,585 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $587,749,171 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $915,429,215 | BOYAmt |
| EOY | $949,648,414 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,412,180 | BOYAmt |
| EOY | $222,659,340 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $563,005,023 | BOYAmt |
| EOY | $582,797,617 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,172,364 | BOYAmt |
| EOY | $5,106,575 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,052,647 | BOYAmt |
| EOY | $156,140,245 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,206,505,880 | BOYAmt |
| EOY | $2,280,446,792 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $112,138,627 | BOYAmt |
| EOY | $110,777,323 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,550,526 | BOYAmt |
| EOY | $57,032,168 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $638,466,269 | BOYAmt |
| EOY | $621,535,579 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,469,275 | BOYAmt |
| EOY | $25,547,059 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $328,975,657 | BOYAmt |
| EOY | $341,530,600 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,171,600,354 | BOYAmt |
| EOY | $1,156,422,729 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $362,351,904 | BOYAmt |
| EOY | $393,290,875 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $310,021,866 | BOYAmt |
| EOY | $352,237,102 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $362,531,756 | BOYAmt |
| EOY | $378,496,086 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,034,905,526 | BOYAmt |
| EOY | $1,124,024,063 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,206,505,880 | BOYAmt |
| EOY | $2,280,446,792 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $18,536,631 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $70,581,906 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $531,670,431 | BeginningYearBalanceAmt |
| Contributions | $16,307,076 | ContributionsAmt |
| Investment Earnings Or Losses | $90,095,177 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,353,876 | GrantsOrScholarshipsAmt |
| Other Expenditures | $21,760,700 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $612,958,108 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $476,445,598 | BeginningYearBalanceAmt |
| Contributions | $19,459,396 | ContributionsAmt |
| Investment Earnings Or Losses | $57,234,168 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,169,636 | GrantsOrScholarshipsAmt |
| Other Expenditures | $18,299,095 | OtherExpendituresAmt |
| End Year Balance | $531,670,431 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $480,789,605 | BeginningYearBalanceAmt |
| Contributions | $14,869,779 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,660,557 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,292,010 | GrantsOrScholarshipsAmt |
| Other Expenditures | $14,261,219 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $476,445,598 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $443,518,160 | BeginningYearBalanceAmt |
| Contributions | $13,411,561 | ContributionsAmt |
| Investment Earnings Or Losses | $46,135,971 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,258,759 | GrantsOrScholarshipsAmt |
| Other Expenditures | $19,017,328 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $480,789,605 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $351,585,761 | BeginningYearBalanceAmt |
| Contributions | $10,841,359 | ContributionsAmt |
| Investment Earnings Or Losses | $101,271,703 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,177,378 | GrantsOrScholarshipsAmt |
| Other Expenditures | $17,003,285 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $443,518,160 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.23000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.59000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.18000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (true) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (true) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,011,897 | OtherCostOrOtherBasisAmt |
| Book Value | $11,011,897 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,004,370,881 | OtherCostOrOtherBasisAmt |
| Depreciation | $185,798,094 | DepreciationAmt |
| Book Value | $818,572,787 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $171,990,684 | OtherCostOrOtherBasisAmt |
| Depreciation | $171,990,684 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $298,252,015 | OtherCostOrOtherBasisAmt |
| Depreciation | $230,027,199 | DepreciationAmt |
| Book Value | $68,291,622 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,772,108 | OtherCostOrOtherBasisAmt |
| Book Value | $51,772,108 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $949,648,414 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $458,641,863 | F |
| PRIVATE EQUITY INVESTMENTS | $101,702,824 | F |
| RETIREMENT ASSETS | $32,358,901 | F |
| 8 EAST 102ND STREET | -$9,905,971 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $582,797,617 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| OTHER ASSETS | $12,133,090 |
| DUE FROM NYCH&H CORP. | $7,364,843 |
| INSURANCE CLAIMS | $130,869,600 |
| DUE FROM MRO | $5,772,712 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $156,140,245 | TotalBookValueOtherAssetsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED INTEREST PAYABLE | $15,566,674 |
| FEDERAL LOAN CAPITAL ADVANCES | $4,746,766 |
| EMPLOYEE RELOCATION LOANS | $49,667,553 |
| POST RETIREMENT HLTH BENF OBLI | $11,357,725 |
| DUE TO RELATED ORGS NET | $129,322,282 |
| INSURANCE CLAIMS | $130,869,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $341,530,600 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $1,625,425,414 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $70,581,906 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$92,826,995 | OtherRevenueAmt |
| Revenue Not Reported | -$22,245,089 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,647,670,503 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $2,433,917 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$2,093,362 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $340,555 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,648,011,058 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,593,004,243 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$2,488,267 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$2,488,267 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,595,492,510 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $2,433,917 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $31,548,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $33,981,917 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,629,474,427 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4 | FormAndLineReferenceDesc |
| Explanation | 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. PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS: REVENUE OF THE MITRAL FOUNDATION OF $217,342 THE VALENTIN FUSTER MOUNT SINAI FOUNDATION FOR HEALTH SCIENCE AND EMPOWERMENT OF $299,999, THE CHILDREN'S CENTER FOUNDATION OF $655,197 WHICH ARE INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, INVESTMENT RETURN EARNED GREATER THAN AMOUNTS ALLOCATED TO OPERATIONS OF $64,709,000, THE MOUNT SINAI HOSPITAL FUNDING OF OFFISTE PRACTICE LOSSES OF $31,548,000, ROUNDING OF $1, AND EXPENSES NETTED FROM FUNDRAISING EVENTS OF $2,257,468. PART XII, LINE 4A RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS: REVENUES OF $2,433,917 USED TO COVER INVESTMENT FEES ARE DRAWN FROM MOUNT SINAI'S INVESTMENT POOL. IT IS NOT RECORDED AS REVENUE OR EXPENSE ON THE AUDITED FINANCIAL STATEMENTS BECAUSE IT IS A COMPONENT OF TOTAL RETURN ON INVESTMENTS. PART XI, LINE 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS: DISTRIBUTIONS FROM RELATED PARTIES NOT INCLUDED AS A CONTRIBUTION IN THE AUDITED FINANCIAL STATEMENT OF $610,629 AND THE ALLOACTION OF EQUITY LOSS FROM REAL ESTATE PARTNERSHIP ACTIVITIES (8 EAST 102ND STREET MANAGER LLC (EIN # 45-2827030)) OF $8,105,971 LESS THE $5,401,980 FUNDING OF MOUNT SINAI HOSPITAL AND MOUNTSINAI MEDICAL CENTER EQUITY LOSSES. PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS: REFLECTS EXPENSES OF THE MITRAL FOUNDATION OF $311,378, THE CHILDREN'S CENTER FOUNDATION OF $955,497, THE MOUNT SINAI HOSPITAL FUNDING OF OFFISTE PRACTICE LOSSES OF $31,548,000, AND ROUNDING OF $1,000, WHICH ARE INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENT OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. ALSO ICNLUDES FUNDRAISING EXPENSES OF $2,257,468 THAT WERE NETTED FROM REVENUE PER SCHEDULE D, PART XI, LINE 2D, VARIOUS PROGRAM SERVICE AND M&G RELATED EXPENSES FUNDED BY RELATED PARTIES OF $610,629, AND THE EXPENSE OF FUNDING MOUNT SINAI HOSPITAL AND MOUNTSINAI MEDICAL CENTER EQUITY LOSSES OF $5,401,980. PART XII, LINE 4A RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS: EXPENSES OF $2,433,917 USED TO COVER INVESTMENT FEES ARE DRAWN FROM MOUNT SINAI'S INVESTMENT POOL. IT IS NOT RECORDED AS REVENUE OR EXPENSE ON THE AUDITED FINANCIAL STATEMENTS BECAUSE IT IS A COMPONENT OF TOTAL RETURN ON INVESTMENTS. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 3 | FormAndLineReferenceDesc |
| Explanation | INCLUDED IN THE STUDENT HANDBOOK WHICH IS DISTRIBUTED AND REVIEWED AT GRADUATION. ALSO IN THE SCHOOL CATALOGS. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|
| Central America and the Caribbean | Investments | $225,833,000 | |
| East Asia and the Pacific | Program Services | $201,715 | SUBCONTRACT |
| Central America and the Caribbean | Program Services | $50,779 | SUBCONTRACT |
| Middle East and North Africa | Program Services | $190,136 | SUBCONTRACT |
| Europe (Including Iceland and Greenland) | Program Services | $2,551,702 | SUBCONTRACT |
| Middle East and North Africa | Program Services | $115,994 | SUBCONTRACT |
| North America | Program Services | $388,261 | SUBCONTRACT |
| South America | Program Services | $129,402 | SUBCONTRACT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $229,460,989 | SubtotalSpentAmt |
| Total Spent | $229,460,989 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PARTS I & IV | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CRYSTAL PARTY | NameOfEvent1Amt |
| Gross Receipts Event1 | $3,323,340 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $3,048,740 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $274,600 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $345,000 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $217,990 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,560 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $200,003 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | BREAST HTH GALA | NameOfEvent2Amt |
| Gross Receipts Event2 | $2,294,326 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $2,184,326 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $110,000 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $125,616 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $125,655 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $2,445 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $150,220 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 10 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $3,025,555 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $2,663,666 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $361,889 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $109,591 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $324,572 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $65,350 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $464,414 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $8,643,221 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $7,896,732 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $746,489 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $580,207 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $668,217 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $69,355 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $814,637 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $2,132,416 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,385,927 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| THE MOUNT SINAI HOSPITAL | |||||||
| 1 GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | 131624096 | 501(C)(3) | $2,701,990 | FUNDING EQUITY LOSS |
| THE MOUNT SINAI MEDICAL CENTER | |||||||
| 1 GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | 136271888 | 501(C)(3) | $2,701,990 | FUNDING EQUITY LOSS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 215 | RecipientCnt |
| Cash Grant | $3,353,876 | CashGrantAmt |
| Valuation Method Used | OTHER | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
| PART II, LINE 1 & 2 | THESE GRANTS FUND THE HOSPITAL AND MEDICAL CENTER'S RESPECTIVE PORTION OF THE 2013 EQUITY LOSS IN RELATION TO THE 8 EAST 102ND STREET MANAGER, LLC (EIN #45-2827030) PARTNERSHIP IN WHICH THE MOUNT SINAI HOSPITAL, THE MOUNT SINAI MEDICAL CENTER, AND ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ARE MEMBERS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (41 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kenneth L Davis MD | ||||||||||||||
| Chief Executive Officer | $1,089,776 | $1,310,224 | $0 | $0 | $766,706 | $919,898 | $12,750 | $12,750 | $15,300 | $18,700 | $1,884,532 | $2,261,572 | $0 | $0 |
| Dennis Charney MD 1 | ||||||||||||||
| DEAN | $750,000 | $0 | $420,000 | $0 | $353,643 | $0 | $25,500 | $0 | $18,590 | $0 | $1,567,733 | $0 | $0 | $0 |
| michael macdonald2 | ||||||||||||||
| former officer | $290,500 | $290,500 | $71,309 | $71,309 | $119,771 | $119,771 | $10,200 | $10,200 | $18,966 | $18,966 | $510,746 | $510,746 | $0 | $0 |
| deborah Marin md2 | ||||||||||||||
| former officer | $97,500 | $227,500 | $0 | $0 | $38,005 | $88,680 | $7,650 | $17,850 | $3,976 | $9,279 | $147,131 | $343,309 | $0 | $0 |
| donald t scanlon | ||||||||||||||
| EVP, FINANCE/CHIEF CORP. SRVCS | $359,351 | $432,649 | $317,749 | $382,251 | $46,642 | $55,438 | $12,750 | $12,750 | $13,469 | $16,463 | $749,961 | $899,551 | $0 | $0 |
| jeffrey silberstein | ||||||||||||||
| EVP, CHIEF OPERATING OFFICER | $310,504 | $373,496 | $136,220 | $163,780 | $39,818 | $47,692 | $12,750 | $12,750 | $7,465 | $9,125 | $506,757 | $606,843 | $0 | $0 |
| stephen harvey | ||||||||||||||
| SVP, CHIEF FINANCIAL OFFICER | $456,000 | $0 | $206,000 | $0 | $49,564 | $0 | $25,500 | $0 | $46,221 | $0 | $783,285 | $0 | $0 | $0 |
| mark kostegan fahp | ||||||||||||||
| SVP, CHIEF DEVELOPMENT OFFICER | $332,448 | $167,552 | $513,460 | $259,059 | $76,370 | $38,302 | $17,850 | $7,650 | $13,241 | $6,821 | $953,369 | $479,384 | $0 | $0 |
| jane maksoud | ||||||||||||||
| SVP, CHIEF HUMAN RESOURCES | $269,240 | $238,760 | $92,750 | $82,250 | $35,089 | $31,117 | $13,515 | $11,985 | $17,456 | $15,480 | $428,050 | $379,592 | $0 | $0 |
| elana abraham 23 | ||||||||||||||
| former officer | $0 | $233,607 | $0 | $5,000 | $0 | $1,699 | $0 | $19,984 | $0 | $30,828 | $0 | $291,118 | $0 | $0 |
| jessica moise2 | ||||||||||||||
| former officer | $161,081 | $0 | $6,477 | $0 | $503 | $0 | $16,108 | $0 | $20,052 | $0 | $204,221 | $0 | $0 | $0 |
| john morrison 124 | ||||||||||||||
| former officer | $212,097 | $0 | $50,000 | $0 | $198,276 | $0 | $21,209 | $0 | $29,560 | $0 | $511,142 | $0 | $0 | $0 |
| jasmin moshirpur md2 | ||||||||||||||
| former officer | $346,280 | $0 | $7,400 | $0 | $183,122 | $0 | $25,500 | $0 | $43,408 | $0 | $605,710 | $0 | $0 | $0 |
| david muller md24 | ||||||||||||||
| former officer | $212,097 | $0 | $100,000 | $0 | $129,190 | $0 | $21,209 | $0 | $24,244 | $0 | $486,740 | $0 | $0 | $0 |
| barry stimmel md2 | ||||||||||||||
| former officer | $168,386 | $31,596 | $0 | $0 | $19,325 | $3,628 | $16,838 | $3,160 | $30,525 | $5,729 | $235,074 | $44,113 | $0 | $0 |
| hugh sampson md2 | ||||||||||||||
| former officer | $199,983 | $0 | $100,000 | $0 | $195,784 | $0 | $19,998 | $0 | $20,215 | $0 | $535,980 | $0 | $0 | $0 |
| maureen milici 2 | ||||||||||||||
| former officer | $117,786 | $0 | $21,000 | $0 | $18,995 | $0 | $0 | $0 | $0 | $0 | $157,781 | $0 | $0 | $0 |
| LYNN kasner-morgan2 | ||||||||||||||
| former officer | $101,274 | $0 | $0 | $0 | $830 | $0 | $0 | $0 | $8,281 | $0 | $110,385 | $0 | $0 | $0 |
| phyllis schnepf2 | ||||||||||||||
| former officer | $255,046 | $0 | $75,000 | $0 | $23,511 | $0 | $25,500 | $0 | $17,471 | $0 | $396,528 | $0 | $0 | $0 |
| Douglas Jabs MD2 | ||||||||||||||
| former officer | $212,097 | $0 | $125,000 | $0 | $508,159 | $0 | $21,209 | $0 | $26,889 | $0 | $893,354 | $0 | $0 | $0 |
| David B Samadi MD | ||||||||||||||
| ASSOCIATE PROFESSOR | $90,750 | $0 | $0 | $0 | $9,021,942 | $0 | $9,075 | $0 | $14,634 | $0 | $9,136,401 | $0 | $0 | $0 |
| Samin Sharma MD | ||||||||||||||
| PROFESSOR | $212,532 | $0 | $150,000 | $0 | $4,287,260 | $0 | $21,253 | $0 | $26,000 | $0 | $4,697,045 | $0 | $0 | $0 |
| Andrew Hecht MD | ||||||||||||||
| CHIEF | $159,562 | $0 | $0 | $0 | $9,159,933 | $0 | $15,956 | $0 | $25,619 | $0 | $9,361,070 | $0 | $0 | $0 |
| frank cino | ||||||||||||||
| Senior VP, Chief Risk Officer | $146,300 | $238,700 | $49,400 | $80,600 | $10,550 | $17,212 | $7,752 | $12,648 | $11,004 | $17,954 | $225,006 | $367,114 | $0 | $0 |
| jane whitney | ||||||||||||||
| vp & chief compliance officer | $148,320 | $160,680 | $0 | $0 | $1,530 | $1,658 | $9,792 | $10,608 | $10,185 | $11,033 | $169,827 | $183,979 | $0 | $0 |
| margaret pastuszko | ||||||||||||||
| EVP, CHIEF INTEGRATION OFFICER | $205,011 | $242,989 | $213,683 | $253,243 | $7,805 | $9,387 | $10,200 | $10,200 | $16,484 | $16,484 | $453,183 | $532,303 | $0 | $0 |
| philip landrigan 24 | ||||||||||||||
| former officer | $212,097 | $0 | $50,000 | $0 | $188,745 | $0 | $21,209 | $0 | $34,936 | $0 | $506,987 | $0 | $0 | $0 |
| CONNIE C KLEPPER2 | ||||||||||||||
| former officer | $148,279 | $148,279 | $0 | $0 | $3,712 | $3,712 | $10,200 | $10,200 | $8,322 | $8,322 | $170,513 | $170,513 | $0 | $0 |
| KUMAR CHATANI | ||||||||||||||
| SVP, CHIEF INFORMATION OFFICER | $51,113 | $398,887 | $16,996 | $133,004 | $18,939 | $146,975 | $3,315 | $22,185 | $1,926 | $15,584 | $92,289 | $716,635 | $0 | $0 |
| SHEERAZ QURESHI MD | ||||||||||||||
| ASSOCIATE PROFESSOR | $139,617 | $0 | $0 | $0 | $6,089,375 | $0 | $13,962 | $0 | $25,823 | $0 | $6,268,777 | $0 | $0 | $0 |
| BARABRA MURPHY MD | ||||||||||||||
| CHAIRMAN DEPT. OF MEDICINE | $216,904 | $0 | $168,000 | $0 | $520,865 | $0 | $21,690 | $0 | $27,716 | $0 | $955,175 | $0 | $0 | $0 |
| MARK CALLAHAN MD | ||||||||||||||
| EVP, CHIEF EXEC. OFFICER FPA | $120,923 | $91,174 | $99,721 | $75,279 | $177,297 | $134,036 | $12,725 | $8,484 | $6,951 | $5,243 | $417,617 | $314,216 | $0 | $0 |
| DAVID ADAMS MD1 | ||||||||||||||
| CHAIRMAN | $212,097 | $0 | $750,000 | $0 | $3,546,941 | $0 | $21,209 | $0 | $24,331 | $0 | $4,554,578 | $0 | $0 | $0 |
| ROBERT DESNICK 24 | ||||||||||||||
| former officer | $199,983 | $0 | $0 | $0 | $51,198 | $0 | $19,998 | $0 | $40,122 | $0 | $311,301 | $0 | $0 | $0 |
| JEREMY BOAL MD | ||||||||||||||
| EVP CHIEF MEDICAL OFFICER | $0 | $452,081 | $0 | $230,000 | $0 | $67,500 | $0 | $0 | $0 | $14,039 | $0 | $763,620 | $0 | $0 |
| BETH ESSIG | ||||||||||||||
| EVP, GENERAL COUNSEL | $65,897 | $599,103 | $0 | $141,313 | $0 | $25,191 | $0 | $21,420 | $0 | $17,740 | $65,897 | $804,767 | $0 | $0 |
| ARTHUR KLEIN MD | ||||||||||||||
| EVP, PRES OF HEALTH NETWORK | $0 | $708,333 | $0 | $550,000 | $0 | $10,768 | $0 | $0 | $0 | $9,049 | $0 | $1,278,150 | $0 | $0 |
| LEONARD ACHAN | ||||||||||||||
| SVP, CHIEF MARKETING OFFICER | $112,009 | $199,991 | $53,909 | $96,091 | $11,372 | $20,611 | $8,160 | $12,240 | $10,395 | $18,479 | $195,845 | $347,412 | $0 | $0 |
| MARC NAPP MD | ||||||||||||||
| SVP, CHIEF MEDICAL AFFAIRS OFF | $0 | $241,414 | $0 | $0 | $0 | $1,710 | $0 | $0 | $0 | $14,466 | $0 | $257,590 | $0 | $0 |
| MICHAEL SCHAFFER | ||||||||||||||
| SVP, COO OF FPA | $362,083 | $0 | $120,317 | $0 | $5,885 | $0 | $20,400 | $0 | $8,941 | $0 | $517,626 | $0 | $0 | $0 |
| DR JEFFREY T LAITMAN | ||||||||||||||
| Trustee (Ex-Officio) | $0 | $160,060 | $0 | $0 | $0 | $39,730 | $0 | $16,006 | $0 | $31,986 | $0 | $247,782 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part VII, Section A & Schedule J | Compensation Footnotes Officers of the Boards of Trustees hours reflect service to either/or, or all, The Mount Sinai Hospital, ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, The Mount Sinai Medical Center and all related entities. (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. (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 MAUREEN MILICI $157,781 LYNN KASNER-MORGAN $102,104 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| A | 146000923 | 6499055e2 | 2010-11-16 | $103,555,357 | REFUND 3/2/1994 BONDS | false | false | false |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| B | 146000923 | 649905rv0 | 2009-11-05 | $365,504,331 | CONSTRUCTION OF NEW BUILDING | false | false | false |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| C | 146000923 | 649903vg3 | 2007-09-27 | $125,878,626 | CONSTRUCTION, REFUND 6/7/00 BONDS | false | false | false |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| D | 146000923 | 64983uvz0 | 2003-09-24 | $67,374,538 | REFUND 8/15/91 BONDS | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $18,470,000 | $0 | $103,566,283 | $0 | $0 | $0 | $1,518,634 | $0 | $0 | $0 | $102,047,649 | $0 | 2010 | Yes (true) | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $367,747,785 | $29,684,477 | $52,927,234 | $0 | $4,266,417 | $0 | $0 | $277,714,915 | $3,154,742 | $0 | 2012 | false | false | Yes (true) | Yes (true) |
| C | $4,645,000 | $0 | $127,325,300 | $9,203,511 | $2,625,921 | $0 | $1,393,905 | $1,553,000 | $0 | $97,441,776 | $15,107,187 | $0 | 2010 | Yes (true) | false | Yes (true) | Yes (true) |
| D | $48,275,000 | $0 | $67,386,255 | $6,742,119 | $0 | $0 | $974,546 | $2,171,000 | $0 | $0 | $57,498,590 | $0 | 2003 | Yes (true) | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Private Bus Use By OthersPrivateBusUseByOthersPct | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Engage Bond Counsel ResearchEngageBondCounselResearchInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Total Private Business UseTotalPrivateBusinessUsePct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | |||||||||||
| B | 0 | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | false | false | false | false | |
| C | 0.00090 | false | false | Yes (true) | Yes (true) | Yes (true) | Yes (true) | false | false | false | false | 0.00090 |
| D | 0 | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | No Rebate DueNoRebateDueInd |
|---|---|---|---|---|---|---|---|---|---|
| 0 | |||||||||
| A | false | Yes (true) | false | false | false | 0 | Yes (true) | false | |
| 0 | |||||||||
| B | false | Yes (true) | false | false | false | 0 | Yes (true) | false | |
| 0 | |||||||||
| C | false | false | false | false | 0 | Yes (true) | false | Yes (true) | |
| 0 | |||||||||
| D | false | false | false | false | 0 | Yes (true) | false | Yes (true) | |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K SUPPLEMENTAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | 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 $2,243,454. 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 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 $1,446,674. 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 $11,717. 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 12/31/2012. 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 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. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DORMITORY AUTHORITY OF THE STATE OF NEW YORK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 146000923 | BondIssuerEIN |
| CUSIP | 111111111 | CUSIPNum |
| Bond Issued | 2012-12-20 | BondIssuedDt |
| Issue Price | $27,609,791 | IssuePriceAmt |
| Purpose | TELP-FINANCE RESEARCH AND CLINICAL | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $27,609,791 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $129,958 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $19,963,954 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $7,515,879 | UnspentAmt |
| Substantial Completion | 2015 | SubstantialCompletionYr |
| Current Refunding | false | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | false | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | Yes (true) | AnyResearchAgreementsInd |
| Engage Bond Counsel Research | Yes (true) | EngageBondCounselResearchInd |
| Private Bus Use By Others | 0 | PrivateBusUseByOthersPct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (3 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| DAVID ADAMS | |||||||
| OFFICER | mortgage | Yes (X) | $1,000,000 | $1,000,000 | false | Yes (true) | Yes (true) |
| BURT DRAYER | |||||||
| OFFICER | mortgage | Yes (X) | $700,000 | $0 | false | Yes (true) | Yes (true) |
| DENNIS CHARNEY | |||||||
| OFFICER | MORTGAGE | Yes (X) | $500,000 | $500,000 | false | Yes (true) | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,500,000 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (19 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| US FOODS | |||
| GOGEL & KRAVIS, TRUSTEES | $566,374 | SEE PART V | false |
| HESS CORPORATION | |||
| JOHN HESS, TRUSTEE | $25,033,645 | SEE PART V | false |
| XO COMMUNICATIONS | |||
| CARL ICAHN, TRUSTEE | $1,051,410 | SEE PART V | false |
| OCH ZIFF CAPITAL MANAGEMENT | |||
| DAVID WINDREICH, TRUSTEE | $4,695,299 | SEE PART V | false |
| AVENUE CAPITAL | |||
| GARDNER & LASRY, TRUSTEES | $361,152 | SEE PART V | false |
| THE RELATED COMPANIES | |||
| JEFF BLAU, TRUSTEES | $266,407 | SEE PART V | false |
| HENRY SCHEIN | |||
| STANLEY KOMAROFF, TRUSTEE | $3,187,183 | SEE PART V | false |
| NEUBERGER BERMAN | |||
| STANLEY KOMAROFF, TRUSTEE | $143,589 | SEE PART V | false |
| GOTHAM BUILDING SERVICES | |||
| JOEL PICKET, TRUSTEE | $118,412 | SEE PART V | false |
| DR CAROLYN SICHER | |||
| SUSAN CULLMAN, TRUSTEE | $21,192 | SEE PART V | false |
| KIMBERLY HARRISON | |||
| CLIFFORD GOLDSMITH, TRUST | $99,108 | SEE PART V | false |
| KAREN KOSTEGAN | |||
| MARK KOSTEGAN, OFFICER | $39,614 | SEE PART V | false |
| BRIAN SCANLON | |||
| DONALD SCANLON, OFFICER | $66,558 | SEE PART V | false |
| GARY B DAVIS | |||
| KENNETH DAVIS, OFFICER | $161,905 | SEE PART V | false |
| MARGARET RUTTENBERG | |||
| ERIC RUTTENBERG, TRUSTEE | $41,719 | SEE PART V | false |
| DR ALEX CHARNEY | |||
| DENNIS CHARNEY, OFFICER | $42,383 | SEE PART V | false |
| GOTHAM CONSTRUCTION | |||
| JOEL PICKET, TRUSTEE | $6,525,263 | SEE PART V | false |
| DR IRWIN GRIBETZ | |||
| JUDAH GRIBETZ, TRUSTEE | $51,992 | SEE PART V | false |
| BENJAMIN LAITMAN | |||
| Dr. Laitman, Trustee | $33,910 | SEE PART V | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part IV, Column D | FormAndLineReferenceDesc |
| Explanation | Business Transactions involving interested parties. Name of Interested Person: US Foods Mount Sinai purchases a portion of its food from US Foodservice. All such purchases are made under a group purchasing organization (GPO) arrangement that has been negotiated with US Foods. These GPO prices are available to Mount Sinai and all other members of the local healthcare association. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Mr. Gogel and Mr. Kravis are CEOs of firms that are each indirectly a greater-than-35% owner of US Foods. Neither Mr. Gogel nor Mr. Kravis were involved in decisions related to the organization's purchases from U.S. Foods. Name of Interested Person: Hess Corporation Following an objective, competitive multi-party bidding process (in which Mr. Hess was uninvolved), the organization purchased natural gas and fuel oil from Hess Corporation. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Mr. Hess is Chief Executive Officer of, and has a financial interest in, Hess Corporation and remains uninvolved in the organization's decisions related to Hess Corporation. Name of Interested Person: XO Communications Following an extensive RFP and a multi-party competitive bidding process, as well as a review by a special board committee (which did not include Mr. Icahn) of the engagement process, the organization purchased communications services from XO Communications. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Mr. Icahn is a greater-than-35% owner of XO Communications. Mr. Icahn remains uninvolved in the organization's decisions related to XO Communications. Name of Interested Person: OCH Ziff Capital Management Mr. Windreich is a Director of Och Ziff Capital Management ("Och Ziff"), which manages investment capital for the organization. Mr. Windreich has no involvement in the organization's investment decisions or its involvement with Och Ziff. The fees charged by Och Ziff to the organization are in line with industry standards and are the same as the fees charged to other investors in the same fund. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Name of Interested Person: Avenue Capital Trustee Sonia Gardner and former Trustee Marc Lasry are 100% owners of Avenue Capital, which managed investment capital for the organization in 2013. The fees charged by Avenue Capital to the organization are in line with industry standards and are the same as the fees charged to other investors in the same fund. At all relevant times, Mount Sinai monitored this relationship for cost, quality and overall performance. Neither Ms. Gardner nor Mr. Lasry was involved in the organization's decisions related to Avenue Capital. Name of Interested Person: The Related Companies Following an extensive RFP and a multi-party competitive bidding process, as well as a review by a special board committee (which did not include Mr. Blau) of the engagement process, the organization purchased consulting and management services from The Related Companies ("TRC"). Mr. Blau is a Director of the general partner of TRC. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Mr. Blau remains uninvolved in the organization's decisions regarding The Related Companies. Name of Interested Person: Henry Schein Prior to Trustee Stanley Komaroff's membership on Mount Sinai's Board of Trustees, Mount Sinai entered into a multi-year agreement to purchase medical supplies from Henry Schein ("Schein"). The decision to engage Schein was the result of a competitive bidding process and business review meetings have been held with Schein management during the term of the contract in order to monitor the cost, quality and performance of Schein. Mr. Komaroff is an officer of Schein and remains uninvolved in Mount Sinai's decisions related to Schein. Name of Interested Person: Neuberger Berman Trustee Stanley Komaroff's son is an officer of the Neuberger Berman firm, which manages investment capital for the organization. Neither Mr. Komaroff nor his son are involved with the organization's investment decisions or its involvement with Neuberger Berman. The fees charged by Neuberger Berman to the organization are in line with industry standards and are the same as the fees charged to other investors in the same fund. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Name of Interested Person: Gotham Construction Prior to Trustee Joel Picket's membership on Mount Sinai's Board of Trustees, Mount Sinai engaged subsidiary entity of the Gotham Organization, Inc. ("Gotham") to provide design and construction services to the organization. Mr. Picket is Chairman and CEO of Gotham and its subsidiary. At all relevant times, Mount Sinai monitored the performance of Gotham in order to ensure that it was satisfied with the quality and cost of those services. Mr. Picket remains uninvolved in the organization's decisions related to Gotham and its subsidiary. Name of Interested Person: Carolyn Sicher Trustee Susan Cullman's daughter is employed by the Icahn School of Medicine at Mount Sinai. Ms. Cullman has no involvement in decisions related to her daughter's employment. Name of Interested Person: Kimberly Harrison Former Trustee Clifford Goldsmith's granddaughter is employed by the Icahn School of Medicine at Mount Sinai. Mr. Goldsmith had no involvement in decisions related to his granddaughter's employment. Name of Interested Person: Irwin Gribetz Trustee Judah Gribetz's brother is employed by the Icahn School of Medicine at Mount Sinai. Mr. Gribetz has no involvement in decisions related to his brother's employment. Name of Interested Person: Karen Kostegan Officer Mark Kostegan's spouse is an employee of the Icahn School of Medicine at Mount Sinai. Mr. Kostegan has no involvement in decisions related to his wife's employment. Name of Interested Person: Brian Scanlon Officer Donald Scanlon's son is an employee of the Mount Sinai Hospital. Mr. Scanlon has no involvement in decisions related to his son's employment. Name of Interested Person: Gary B. Davis Officer Dr. Kenneth Davis' brother is an employee of the Hospital. Dr. Davis has no involvement in decisions related to his brother's employment. Name of Interested Person: Margaret Ruttenberg Trustee Eric Ruttenberg's sister-in-law is an employee of the Icahn School of Medicine at Mount Sinai. Mr. Ruttenberg has no involvement in decisions related to his sister-in-law's employment. Name of Interested Person: Dr. Alex Charney Officer Dennis Charney's son is an employee of the Mount Sinai Hospital. Dr. Charney has no involvement in decisions related to his son's employment. Name of Interested Person: BENJAMIN LAITMAN Trustee Dr. Jeffrey T. Laitmans son is an employee of the Icahn School of Medicine at Mount Sinai. Dr. Laitman has no involvement in decisions related to his sons employment. *All reported amounts reflect aggregate 2013 spending for The Mount Sinai Hospital, The Icahn School of Medicine at Mount Sinai, Mount Sinai Realty Corp, and MSMC Residential Realty. Hospital, The Icahn School of Medicine at Mount Sinai, Mount Sinai Realty Corp, and MSMC Residential Realty. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,100 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $1,653 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $21,182 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenuesTxt |
Cars And Other Vehicles CarsAndOtherVehiclesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | N/A | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 68 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,805,620 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,981 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,652 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RESALE VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (14 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | COSMETICS | 5 | $19,635 | resale value |
| Yes (X) | DINING & ENTERTAINMENT | 17 | $13,135 | resale value |
| Yes (X) | ELECTRONICS | 1 | $299 | resale value |
| Yes (X) | FLOWER | 1 | $250 | resale value |
| Yes (X) | GIFT BASKET | 14 | $2,254 | resale value |
| Yes (X) | GIFT CERTIFICATE | 27 | $28,577 | resale value |
| Yes (X) | GOLF | 1 | $500 | resale value |
| Yes (X) | JEWLERY | 8 | $10,966 | resale value |
| Yes (X) | SCIENCE KIT | 1 | $50 | resale value |
| Yes (X) | SHOW TICKETS | 11 | $2,961 | RESALE VALUE |
| Yes (X) | SPORTS EVENT | 10 | $12,534 | RESALE VALUE |
| Yes (X) | TOUR | 7 | $6,654 | RESALE VALUE |
| Yes (X) | TOYS | 1 | $75 | RESALE VALUE |
| Yes (X) | VACATION | 14 | $50,298 | RESALE VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE M, PART I, LINE 9 | 5,000 SHARES OF PORTFOLIO RECOVERY ASSOCIATES VALUED AT $290,100 10,000 SHARES OF INTERXION VALUED AT $261,200 1,000,000 SHARES OF MORGAN STANLEY GLOBAL MTN NT SER F VALUED AT $175,346 4,646 SHARES OF NIELSEN HLDG NV VALUED AT $152,668 1 SHARES OF BERKSHIRE HATHAWAY CLASS A VALUED AT $130,000 700 SHARES OF STANDARD & POORS DEPOSITARY RECEIPTS VALUED AT $128,548 800 SHARES OF BOEING VALUED AT $109,336 2,050 SHARES OF CBS VALUED AT $100,163 1,985 SHARES OF CBS VALUED AT $100,064 450 SHARES OF VISA VALUED AT $97,673 75 SHARES OF GOOGLE VALUED AT $82,094 3,618 SHARES OF CORPORATE BACK TRUST CERTIFICATES VALUED AT $78,330 700 SHARES OF HOME DEPOT VALUED AT $56,238 190 SHARES OF PRECISION CASTPARTS VALUED AT $51,030 250 SHARES OF VISA INC. VALUED AT $50,285 577 SHARES OF PHILIP MORRIS INT'L VALUED AT $50,251 914 SHARES OF GOLDMAN SACHS VALUED AT $50,000 1,105 SHARES OF CBS CORPORATION CL B VALUED AT $49,869 500 SHARES OF AMEX VALUED AT $43,555 650 SHARES OF CBS CORPORATION CL B VALUED AT $38,032 500 SHARES OF WALT DISNEY VALUED AT $36,475 150 SHARES OF VISA VALUED AT $32,747 474 SHARES OF TARGET VALUED AT $30,184 25 SHARES OF GOOGLE VALUED AT $27,792 250 SHARES OF VALEANT PHARMACEUTICALS VALUED AT $26,553 1,000 SHARES OF Chefs Warehouse VALUED AT $25,990 550 SHARES OF NUCOR CORP VALUED AT $25,669 430 SHARES OF CBS CORPORATION CL B VALUED AT $25,194 471 SHARES OF ONEOK VALUED AT $24,742 306 SHARES OF ROYAL DUTCH SHELL VALUED AT $19,872 1,250 SHARES OF NUTRISYSTEM INC. VALUED AT $23,763 279 SHARES OF AUTOMATIC DATA PROCESSING VALUED AT $22,088 326 SHARES OF EMERSON ELECTRIC VALUED AT $21,998 414 SHARES OF JPMORGAN VALUED AT $19,690 400 SHARES OF NUCOR CORP VALUED AT $19,264 581 SHARES OF MUTUAL FUND "FGFCX" VALUED AT $17,547 100 SHARES OF UNION PACIFIC VALUED AT $16,407 940 SHARES OF KNOLL INC. VALUED AT $15,952 165 SHARES OF VANGUARD MID?CAP ETF VALUED AT $15,106 169 SHARES OF EXXON MOBIL VALUED AT $14,935 130 SHARES OF CHEVRON VALUED AT $14,880 276 SHARES OF ABBVIE VALUED AT $14,156 139 SHARES OF HEINZ VALUED AT $10,069 100 SHARES OF AUTOMATIC DATA PROCESSING VALUED AT $7,789 105 SHARES OF CBS VALUED AT $5,153 112 SHARES OF WELLS FARGO VALUED AT $4,991 45 SHARES OF UNITED TECHNOLOGY VALUED AT $4,990 154 SHARES OF BANK OF NEW YORK MELLON VALUED AT $4,883 33 SHARES OF HONEYWELL VALUED AT $2,872 100 SHARES OF GENERAL ELECTRIC VALUED AT $2,789 30 SHARES OF JOHNSON & JOHNSON VALUED AT $2,752 50 SHARES OF BALCHEM CORP VALUED AT $2,667 140 SHARES OF CHICOS VALUED AT $2,589 21 SHARES OF COCA COLA FEMSA VALUED AT $2,490 13 SHARES OF PIONEER NATURAL VALUED AT $2,456 17 SHARES OF CHEVRON VALUED AT $2,078 67 SHARES OF PFIZER VALUED AT $2,033 23 SHARES OF EXXON MOBIL VALUED AT $2,027 15 SHARES OF PHILIP MORRIS INTL VALUED AT $1,374 8 SHARES OF UNION PACIFIC VALUED AT $1,246 1 SHARES OF GOOGLE VALUED AT $1,117 11 SHARES OF JOHNSON & JOHNSON VALUED AT $1,012 16 SHARES OF MAGELLAN MIDSTREAM VALUED AT $990 5 SHARES OF PRAXAIR VALUED AT $620 7 SHARES OF LYONDELLBASELL INDUSTRIES VALUED AT $542 2 SHARES OF 3M VALUED AT $240 3 SHARES OF HARRIS CORP VALUED AT $207 4 SHARES OF PFIZER VALUED AT $124 14,000 SHARES OF PG VALUED AT $1,149,742 |
| SCHEDULE M, PART I, LINE 32B | NON-CASH DONATIONS ARE RESOLD THROUGH OUTSIDE AUCTION HOUSES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1 & 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 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 tax identification number is 22,854. The number of direct School employees is 9,647. |
| PART VI, SECTION A, LINE 2 | FAMILY/BUSINESS RELATIONSHIPS Trustees Leon Black and Joshua Harris are managing partners of the same firm. Trustees James Crystal and Jean Crystal are married to each other. Trustees Carl Icahn and Gail Golden-Icahn are married to each other and Mrs. Golden-Icahn is an employee of an organization of which Mr. Icahn is a director. Trustees Edgar Cullman, Jr. and Susan Cullman are siblings. Trustee Bonnie Davis, M.D. is married to Kenneth Davis, M.D., who is President and Chief Executive Officer of the Mount Sinai Hospital. Trustee Sonia Gardner and Former Trustee Marc Lasry are siblings and are also co-owners of the same firm. Trustees Michael Gross and Vicki Panzier Gross are married to each other. Trustees Kenneth Mehlman and Marc Lipschultz are members of a firm of which Trustee Henry Kravis is co-CEO. Trustees Judith Rubin and Hon. Robert Rubin are married to each other. Trustees Peter Cohen and Thomas Strauss are officers of the same firm. Trustees Donald Gogel and Henry Kravis are CEOs of firms that are each indirectly a greater-than 35% owner of US Foods. Trustee Steven Hochberg is a member of a firm that is managed by Trustee James Flynn. Trustees Frank Bisignano, Joseph Plumeri and Henry Kravis are board members of the same firm. Trustees Joel Picket and Michael Zimmerman are board members of the same firm. Trustees Michael Gross and Steve Hochberg are board members of the same firm. |
| PART VI, SECTION A, LINE 4 | On July 22, 2013, the organization's charter was amended to authorize a new not-for-profit parent holding company to become the sole member of the organization. Effective as of September 30, 2013, the Bylaws of the organization were amended and restated to provide that Mount Sinai Health System, Inc. (the "Member") was to be the member of the organization and would have the power to appoint trustees to the organization's Board of Trustees. In addition, the bylaws of the organization were further revised to restructure the membership of its Boards of Trustees and to provide that the Board of Trustees of the organization could not amend the bylaws without the consent of the Member if such amendment removed any powers of the Member. |
| 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 tax returns were presented to the Audit and Compliance Committee of the Board of Trustees with the participation of E&Y, the Finance Department, the General Counsel's office, and the Audit and Compliance Department. The Audit Committee reviewed and 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, 2014, 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 Boards of Trustees (the "Compensation Committee") determines the compensation for the CEO and reviews and modifies or approves the CEO's recommendations for compensation for other officers and key employees, including physician leaders, who are or may be "disqualified persons" as that term is defined in IRC Section 4958. 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 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. The Compensation Committee receives and reviews the comparability data and any analysis provided by the consultant, as well as information provided by management or, in the case of the CEO, by the Chairman of the Board of Trustees, including information about the CEO's performance. For the CEO, the Committee then determines an appropriate level of total compensation in relation to the comparability data. For the other executives and key employees, the Committee also reviews the position description, the credentials of the incumbent or the candidate for the position, an incumbent's performance appraisal, and the CEO's (or Chairman of the Board's, with respect to the CEO) recommendation, in relation to the comparability data, and decides whether to approve the recommended compensation or to modify it. The Compensation Committee discusses and votes on the compensation arrangements for the CEO, CFO and other senior executive staff members in executive session. 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 during debate on the transaction that was approved and those who voted on it; the comparability data and information from management obtained and relied on, and 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 2,360. 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. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUNT SINAI CARE LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 GUSTAVE LEVY PLACE BOX 1061 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10029 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 454492275 | EIN |
| Primary Activities | ACCT CARE ORG | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| End Of Year Assets | -$2,008,832 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ISMMS | BusinessNameLine1 |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (27 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | Yes (true) |
| THE MOUNT SINAI HOSPITAL | ||||||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | 131624096 | HOSPITAL | NY | 501(C)(3) | 3 | MSHG | Yes (true) |
| MITRAL FOUNDATION | ||||||||||
| 1190 FIFTH AVENUE | NEW YORK | NY | 10029 | 800468600 | RESEARCH | NY | 501(C)(3) | 11 TYPE II | ISMMS | Yes (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 | Yes (true) |
| MSMC REALTY CORPORATION | ||||||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | 133852596 | REAL ESTATE | NY | 501(C)(3) | 11 TYPE II | SEE PART VII | Yes (true) |
| MSMC RESIDENTIAL REALTY LLC | ||||||||||
| 1425 MADISON AVENUE | NEW YORK | NY | 10029 | 200244426 | REAL ESTATE | NY | 501(C)(3) | 11 TYPE II | SEE PART VII | Yes (true) |
| MOUNT SINAI DIAG & TREATMENT CENTER | ||||||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | 450537391 | DIAG CLINIC | NY | 501(C)(3) | 3 | MSH | Yes (true) |
| MSMC RESIDENTIAL REALTY MANAGER INC | ||||||||||
| 1425 MADISON AVENUE | NEW YORK | NY | 10029 | 201289396 | MGMT | NY | 501(C)(3) | 11 TYPE II | SEE PART VII | Yes (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 II | ISMMS & MSH | Yes (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 | Yes (true) |
| CONTINUUM HEALTH PARTNERS INC | ||||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 133939476 | HOLDING CO | NY | 501(C)(3) | 11 TYPE I | NA | false |
| BIMC FOUNDATION INC | ||||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 133255377 | FUNDRAISING | DE | 501(C)(3) | 11 TYPE I | BIMC | Yes (true) |
| BIMC HOLDING CORPORATION | ||||||||||
| FIRST AVENUE AT 16TH STREET | NEW YORK | NY | 10003 | 133444730 | HOLDING CO | NY | 501(C)(3) | 11 TYPE I | BIMC | Yes (true) |
| BETH ISRAEL AMBULATORY CARE SERVICES | ||||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 133838460 | SURGICENTER | NY | 501(C)(3) | 3 | BIMC HOLDCO | Yes (true) |
| BI NURSING HOME COMPANY | ||||||||||
| 327 EAST 17TH STREET | NEW YORK | NY | 10003 | 133627753 | NURSING HOME | NY | 501(C)(3) | 3 | BIMC HOLDCO | Yes (true) |
| EAST 17TH STREET PROPERTIES INC | ||||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 133547502 | REAL ESTATE | NY | 501(C)(3) | 9 | BIMC HOLDCO | Yes (true) |
| THE LONG ISLAND COLLEGE HOSPITAL | ||||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 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 | Yes (true) |
| AUGUSTUS & JAMES CORPORATION | ||||||||||
| 555 WEST 57TH STREET | NEW YORK | NY | 10019 | 133392851 | REAL ESTATE | NY | 501(C)(3) | 11 TYPE II | SLR | Yes (true) |
| ST LUKE'S-ROOSEVELT INSTITUTE FOR HEALTH | ||||||||||
| 1111 AMSTERDAM AVENUE | NEW YORK | NY | 10025 | 132914343 | RESEARCH | NY | 501(C)(3) | 4 | SLR | Yes (true) |
| NEW YORK EYE AND EAR INFIRMARY | ||||||||||
| 310 EAST 14TH STREET | NEW YORK | NY | 10003 | 135562304 | HOSPITAL | NY | 501(C)(3) | 3 | MSHG | Yes (true) |
| NEW YORK EYE & EAR INFIRMARY FNDN | ||||||||||
| 310 EAST 14TH STREET | NEW YORK | NY | 10003 | 134012469 | PRIVATE FDN | NY | 501(C)(3) | PF | NYEE | Yes (true) |
| NYEEI HOUSING COMPANY INC | ||||||||||
| 317-327 EAST 13TH STREET | NEW YORK | NY | 10003 | 311696826 | REAL ESTATE | NY | 501(C)(2) | N/A | NYEE | Yes (true) |
| BETH ISRAEL MEDICAL CENTER FDN INC | ||||||||||
| 555 WEST 57TH STREET | NEW YORK | NY | 10019 | 300571387 | FUNDRAISING | NY | 501(C)(3) | 7 | BIMC | Yes (true) |
| ST LUKE'S-ROOSEVELT HOSPITAL CENTER FDN | ||||||||||
| 555 WEST 57TH STREET | NEW YORK | NY | 10019 | 300571390 | FUNDRAISING | NY | 501(C)(3) | 7 | SLR | Yes (true) |
| BETH ISRAEL MEDICAL CENTER | ||||||||||
| FIRST AVENUE AT 16TH STREET | NEW YORK | NY | 10003 | 135564934 | HOLDING CO | NY | 501(C)(3) | 11 TYPE I | MSHG | Yes (true) |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (6 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| GREATER METROPOLITAN IPA II | |||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 133977019 | INACTIVE | NY | BIMCSLR | c | false |
| GREATER METROPOLITAN IPA V | |||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 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 | |||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 133853145 | MGMT SERVICES | NY | SLR | c | false |
| WEST CARE MEDICAL PC | |||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 133811203 | INACTIVE | NY | SLR | c | false |
| CHP VENTURES INC | |||||||||
| 555 WEST 57TH STREET 5TH FL | NEW YORK | NY | 10019 | 460953126 | HEALTH CARE MGMT | NY | BIMC HOLDCO | c | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (true) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | Yes (true) | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | Yes (true) | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (19 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| THE MOUNT SINAI HOSPITAL | ||
| P | $985,989,852 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| Q | $189,357,043 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| G | $21,615,023 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| N | $23,942,883 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| C | $31,548,000 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| M | $12,838,294 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| J | $7,636,400 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| D | $22,128,709 | COST |
| THE MOUNT SINAI MEDICAL CENTER INC | ||
| I | $600,000 | cost |
| THE MOUNT SINAI MEDICAL CENTER INC | ||
| s | $2,701,990 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| s | $2,701,990 | COST |
| THE MOUNT SINAI HOSPITAL | ||
| i | $600,000 | COST |
| MOUNT SINAI CHILDREN'S CENTER FOUNDATION inc | ||
| c | $534,317 | COST |
| MOUNT SINAI CHILDREN'S CENTER FOUNDATION inc | ||
| o | $293,954 | cost |
| MOUNT SINAI CHILDREN'S CENTER FOUNDATION inc | ||
| i | $413,279 | cost |
| MITRAL FOUNDATION | ||
| O | $74,698 | COST |
| MOUNT SINAI BETH ISRAEL | ||
| O | $124,585 | COST |
| MOUNT SINAI ST LUKE'S-ROOSEVELT | ||
| O | $101,854 | COST |
| MITRAL FOUNDATION | ||
| C | $76,311 | COST |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
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