MOUNT SINAI MEDICAL CENTER INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
MOUNT SINAI MEDICAL CENTER INC (EIN 13-6271888)
Tax period
2011-01-01 to 2011-12-31
Filed
2013-01-30
IRS object ID
201300309349300770
Schema version
2011v1.5
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-01-30T15:35:02-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1111 MONUMENT CIRCLE STE 2600AddressLine1
CityINDIANAPOLISCity
StateINState
ZIP Code46204ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN136271888EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1The Mount Sinai Medical CenterBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% STEPHEN HARVEYInCareOfName
Name ControlMOUNNameControl
Phone2127313413Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Gustave L Levy PlaceAddressLine1
CityNew YorkCity
StateNYState
ZIP Code10029ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSTEPHEN HARVEYName
TitleSENIOR VPTitle
Date Signed2013-01-30DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
Phone3176817000Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonSTEPHEN HARVEYNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1ONE GUSTAVE L LEVY PLACEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100296574ZIPCode
FieldValueIRS element (for citing)
Gross Receipts0GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Siten/aWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1967YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTHE MEDICAL CENTER SUPERVISES AND COORDINATES POLICIES AND FUND-RAISING ACTIVITIES FOR THE MOUNT SINAI HOSPITAL AND MOUNT SINAI SCHOOL OF MEDICINE.ActivityOrMissionDescription
Nbr Voting Members Governing Body47NbrVotingMembersGoverningBody
Nbr Independent Voting Members43NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year0TotalRevenuePriorYear
Total Revenue Current Year0TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year0OtherExpensePriorYear
Other Expenses Current Year0OtherExpensesCurrentYear
Total Expenses Prior Year0TotalExpensesPriorYear
Total Expenses Current Year0TotalExpensesCurrentYear
Revenues Less Expenses Prior Year0RevenuesLessExpensesPriorYear
Revenues Less Expenses CY0RevenuesLessExpensesCY
Total Assets BOY17098264TotalAssetsBOY
Total Assets EOY17006095TotalAssetsEOY
Total Liabilities BOY2135059TotalLiabilitiesBOY
Total Liabilities EOY2042890TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY14963205NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY14963205NetAssetsOrFundBalancesEOY
Mission DescriptionPROVIDE FUNDRAISING AND SUPPORT TO THE MOUNT SINAI SCHOOL OF MEDICINE AND THE MOUNT SINAI HOSPITAL.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense0Expense
Grants0Grants
Revenue0Revenue
DescriptionTHE MEDICAL CENTER MAINTAINS INVESTMENTS IN A POOLED INVESTMENT PORTFOLIO FOR THE BENEFIT OF MOUNT SINAI SCHOOL OF MEDICINE, THE MOUNT SINAI HOSPITAL, MOUNT SINAI AUXILIARY BOARD, AS WELL AS THE MEDICAL CENTER. THESE PERMANENTLY RESTRICTED ASSETS ARE HELD IN PERPETUITY, BUT THE INCOME DERIVED FROM THESE ASSETS CAN BE USED OR EXPENDED, IN PART OR IN ENTIRETY, FOR EITHER SPECIFIED (GENERALLY, THE SCHOOL) OR UNSPECIFIED PURPOSES.Description
Total Of Other Program Service Exp0TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt0TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev0TotalOfOtherProgramServiceRev
Total Program Service Expense0TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquipfalseReportLandBldgEquip
Report Invest Oth SecuritiestrueReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationtrueBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MembertrueBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshptrueOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntitytrueRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members47NbrVotingGoverningBodyMembers
Number Independent Voting Members43NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonSTEPHEN HARVEYNamePerson
Telephone Number2127313413TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1633 3RD AVENUE 10TH FLOOR - BOX 45AddressLine1
Citynew yorkCity
StateNYState
ZIP Code10017ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIXInfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (69 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
PETER W MAY
Chairman of board of trustees10.0XX
FREDERICK A KLINGENSTEIN
honorary chairman/trustee10.0XX
ALFRED R STERN
honorary chairman/trustee10.0XX
DONALD J GOGEL
senior vice chairman/trustee10.0XX
MICHAEL MINIKES
senior vice chairman/trustee10.0XX
ROBERT E RUBIN
senior vice chairman/trustee10.0XX
JAMES S TISCH
senior vice chairman/trustee10.0XX
JAMES W CRYSTAL
vice chairman/trustee10.0XX
GLENN DUBIN
vice chairman/TRUSTEE10.0XX
JOEL S EHRENKRANZ
vice chairman/trustee10.0XX
ELLEN KATZ
vice chair/SECRETARY/trustee10.0XX
HENRY R KRAVIS
vice chairman/trustee10.0XX
JOHN A LEVIN
vice chairman/trustee10.0XX
ERIC MINDICH
vice chairman/trustee10.0XX
ANDREW M SAUL
vice chairman/trustee10.0XX
THOMAS W STRAUSS
vice chairman/trustee10.0XX
EDGAR M CULLMAN deceased 82811
honorary vice chairman/trustee10.0XX
Thomas r block
treasurer/trustee10.0XX
ANDREW M ALPER
TRUSTEE5.0X
CHRISTOPHER W BRODY
TRUSTEE5.0X
dr BONNIE M DAVIS
TRUSTEE5.0X
BLAINE V FOGG
TRUSTEE5.0X
CLIFFORD H GOLDSMITH
TRUSTEE5.0X
JUDAH GRIBETZ
TRUSTEE5.0X
GEORGE J GRUMBACH jr
TRUSTEE5.0X
CARLA HARRIS
TRUSTEE5.0X
JOSHUA J HARRIS
TRUSTEE5.0X
ANDREW D HEINEMAN
trustee5.0X
JOHN D HOWARD
TRUSTEE5.0X
MICHAEL KLEIN
TRUSTEE5.0X
JOSHUA NASH
TRUSTEE5.0X
BERNARD W NUSSBAUM
TRUSTEE5.0X
JUDITH O RUBIN
TRUSTEE5.0X
ERIC M RUTTENBERG
TRUSTEE5.0X
joseph j plumeri
trustee5.0X
DAVID WINDREICH
TRUSTEE5.0X
eric waldman
TRUSTEE5.0X
christopher j williams
trustee5.0X
jeff t blau
trustee5.0X
sonia e gardner
trustee5.0X
eric s lane
trustee5.0X
marc s lipschultz
trustee5.0X
joseph c shenker
trustee5.0X
david m zaslav
trustee5.0X
richard Ravitch
Vice Chairman/Trustee10.0XX
Glenn R August
trustee5.0X
Andrew Borrok
trustee5.0X
Peter R Orszag
trustee5.0X
KENNETH L DAVIS MD 1
PRESIDENT/CEO1.0X0255604454270
DENNIS CHARNEY MD12
EXECUTIVE VP, ACADEMIC AFFAIRS1.0X0120016939815
BURTON DRAYER MD12
EXECUTIVE VP FOR RISK1.0X0100591736596
WAYNE KEATHLEY 1
EXECUTIVE VP, BUSINESS DEVELOP1.0X0123444546452
MICHAEL MACDONALD 1
EXECUTIVE VP/GENERAL COUNSEL1.0X090833056824
DONALD T SCANLON 1
EXECUTIVE VP/CFO1.0X0129270049636
JEFFREY SILBERSTEIN 1
EXEC VP, ADMIN AFFAIRS/CAO1.0X095785041270
STEPHEN HARVEY 1
SENIOR VP1.0X067083968426
MARK KOSTEGAN FAHP 1
SENIOR VP,DEVELOPMENT1.0X082746642420
JANE MAKSOUD 1
SENIOR VP, HR & LABOR RELATION1.0X068357955550
IRA S NASH MD 1
SENIOR VP1.0X054605446073
JACK NELSON 1
SENIOR VP/CIO1.0X055963021265
MICHAEL PASTIER 1
SENIOR VP1.0X062131660452
douglas jabs mD1
SENIOR VP/ceo1.0X088214943516
ELANA ABRAHAM 1
CORPORATE TREASURER1.0X022844048763
Scott pittman 1
senior vp/cio1.0X084051549235
frank cino ms 1
vp/chief audit executive1.0X034438045217
margaret pastuszko 1
vp, business planning1.0X060261847488
jane whitney 1
vp/cco1.0X033269837534
KUMAR CHATANI 1
SENIOR VP, IT & CIO1.0X02645282450
Connie C Klepper 1
SENIOR VP, BUS DEV & MGR CARE1.0X062125228656
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs17180919TotalReportableCompFrmRltdOrgs
Total Other Compensation921908TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Total Contributions0TotalContributions
Total Program Service Revenue0TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total0Total

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total0Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total0Total

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total0Total

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total0Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total0Total

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total0Total

Travel Travel

FieldValueIRS element (for citing)
Total0Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total0Total

Insurance Insurance

FieldValueIRS element (for citing)
Total0Total

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Total Joint Costs TotalJointCosts

FieldValueIRS element (for citing)
Total0Total
Program Services0ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY0BOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY15049805BOY
EOY14712977EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY2048459BOY
EOY2293118EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY17098264BOY
EOY17006095EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY2135059BOY
EOY2042890EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY2135059BOY
EOY2042890EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY14963205BOY
EOY14963205EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY14963205BOY
EOY14963205EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY17098264BOY
EOY17006095EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses0ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type2XSupportingOrg509a3Type2
Certification CheckboxXCertificationCheckbox
Written IRS DeterminationXWrittenIRSDetermination
Contrib By Controlling IndividualfalseContribByControllingIndividual
Contribution By Related PartyfalseContributionByRelatedParty
Contrib By35 Controlled EntityfalseContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation (2 entries)

EINEINType Of OrganizationTypeOfOrganizationListed In Governing DocListedInGoverningDocAmountAmount
MOUNT SINAI SCHOOL OF MEDICINE
13617119702true$0
THE MOUNT SINAI HOSPITAL
13162409603true$0
FieldValueIRS element (for citing)
Total Number Of Supported Orgs2TotalNumberOfSupportedOrgs
Sum Of Amounts0SumOfAmounts

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance14963205BeginningOfYearBalance
End Of Year Balance14963205EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance14963205BeginningOfYearBalance
End Of Year Balance14963205EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance14963205BeginningOfYearBalance
End Of Year Balance14963205EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance14693205BeginningOfYearBalance
End Of Year Balance14693205EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.00000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance1.00000PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.00000TermEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements
EquipmentEquipment
Other Land BuildingsOtherLandBuildings
Financial DerivativesFinancialDerivatives
Closely Held Equity InterestsCloselyHeldEquityInterests

Other Securities OtherSecurities

FieldValueIRS element (for citing)
DescriptionPRIVATE EQUITYDescription
Book Value2293118BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities2293118TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO MOUNT SINAI SCHOOL MEDDescription
Amount$2,042,890Amount
FieldValueIRS element (for citing)
Total Of Amounts2042890TotalOfAmounts
Total Revenue0TotalRevenue
Total Expenses0TotalExpenses
Excess Or Deficit For Year0ExcessOrDeficitForYear
Excess Or Deficit Per FS0ExcessOrDeficitPerFS

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierPart V Line 4Identifier
ExplanationTHE ENDOWMENT FUNDS INTENDED USE IS TO GENERATE INCOME FOR THE BENEFIT OF MOUNT SINAI SCHOOL OF MEDICINE, THE MOUNT SINAI HOSPITAL, MOUNT SINAI AUXILIARY BOARD, AS WELL AS THE MEDICAL CENTER.Explanation

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionCentral America and the CaribbeanRegion
Number Of Offices0NumberOfOffices
Number Of Employees0NumberOfEmployees
Type Of Activities ConductedInvestmentsTypeOfActivitiesConducted
Total Expenditures7670000TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Number Of Offices0SubtotalNumberOfOffices
Subtotal Number Of Employees0SubtotalNumberOfEmployees
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Subtotal Amount Spent7670000SubtotalAmountSpent
Total Amount Spent7670000TotalAmountSpent
Transfer To Foreign CorpfalseTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorpfalseOwnForeignCorp
Passive Foreign Invest CofalsePassiveForeignInvestCo
Foreign PartnershipfalseForeignPartnership
Boycott CountriesfalseBoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

FieldValueIRS element (for citing)
IdentifierSCHEDULE F, PARTS I & IVIdentifier
ExplanationPLEASE NOTE THAT THE INVESTMENT ACTIVITIES LISTED IN PART I ARE ALLOCATED TO AGREE TO THE AUDITED FINANCIAL STATEMENT REPORTING AS POOLED INVESTMENTS WHILE PART IV REPORTS ON FOREIGN FILINGS FILED BY THE RESPECTIVE ORGANIZATION.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (21 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
KENNETH L DAVIS MD 1
010450000126035002506940245000297700261031400
DENNIS CHARNEY MD12
0600000028007803200910245000153150123998400
BURTON DRAYER MD12
02120970007938200212100153860104251300
WAYNE KEATHLEY 1
0694000042011601203290245000219520128089700
MICHAEL MACDONALD 1
05810000900000237330019600037224096515400
DONALD T SCANLON 1
061200006068340738660245000251360134233600
JEFFREY SILBERSTEIN 1
06240000256738077112024500016770099912000
STEPHEN HARVEY 1
04560000163379051460024500043926073926500
MARK KOSTEGAN FAHP 1
050000002100190117447024500017920086988600
JANE MAKSOUD 1
04610000163379059200024500031050073912900
IRA S NASH MD 1
0400000046467099587024500021573059212700
JACK NELSON 1
0333333040000018629705555015710058089500
MICHAEL PASTIER 1
04210000163379036937019600040852068176800
douglas jabs mD1
021209701591350510917021210022306092566500
ELANA ABRAHAM 1
02268410001599019499029264027720300
Scott pittman 1
05500000270000020515024500024735088975000
frank cino ms 1
024833309335902688019600025617038959700
margaret pastuszko 1
03910000198198013420019600027888065010600
jane whitney 1
024166708455406477019334018200037023200
KUMAR CHATANI 1
08538501540830250600002450026697800
Connie C Klepper 1
0346834024273403168401960009056064990800

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierPart VII, Section A & Schedule JIdentifier
Return ReferenceCompensation FootnotesReturnReference
ExplanationOfficer of the Boards of Trustees hours reflect service to either/or, or all, The Mount Sinai Hospital, Mount Sinai School of Medicine, The Mount Sinai Medical Center, Inc. and all related entities. (1) Compensation and benefits are funded from The Mount Sinai Hospital and/or Mount Sinai School of Medicine. (2) Employee has an outstanding loan reflected in Schedule L, Part II of Mount Sinai School of Medicine's Form 990.Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (14 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
HESS CORPORATION
JOHN HESS, TRUSTEE15522255SEE Part Vfalse
XO COMMUNICATIONS
CARL ICAHN, TRUSTEE796435SEE Part Vfalse
OCH ZIFF CAPITAL MANAGEMENT
DAVID WINDRECH, TRUSTEE1057095SEE Part Vfalse
DR ELISSA GRETZ FRIEDMAN
Robert Friedman, trustee71943SEE Part Vfalse
DR IRWIN GRIBETZ
Judah Gribetz, trustee72459SEE Part Vfalse
DR CAROLYN SICHER
SUSAN CULLMAN/EDGAR, TRST82311SEE Part Vfalse
KIMBERLY HARRISON
CLIFFORD GOLDSMITH,TRUSTE105307SEE Part Vfalse
US FOODSERVICE
DONALD GOGEL, TRUSTEE130435SEE Part Vfalse
KAREN KOSTEGAN
MARK KOSTEGAN, OFFICER63300SEE Part Vfalse
ETHYLIN WANE JABS
DOUGLAS JABS, officer212576SEE Part Vfalse
FRANCESCO RAMIREZ
MARGARET PASTUSZKO,office254802SEE Part Vfalse
BRIAN SCANLON
DONALD SCANLON, officer51772SEE Part Vfalse
ASAF RABINOVITZ
JOSEPH SHENKER, TRUSTEE30804SEE PART Vfalse
GARY B DAVIS
DR. KENNETH DAVIS,OFFICER29218SEE PART Vfalse

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
IdentifierSCHEDULE L, PART IV, COLUMN DIdentifier
Return ReferenceBUSINESS TRANSACTIONS INVOLVING INTERESTED PARTIESReturnReference
ExplanationNAME OF INTERESTED PERSON: US FOODSERVICE 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 FOODSERVICE. THESE GPO PRICES ARE AVAILABLE TO MOUNT SINAI AND ALL OTHER MEMBERS OF THE LOCAL HEALTHCARE ASSOCIATION. MR. GOGEL IS THE CEO OF A FIRM THAT IS INDIRECTLY A GREATER-THAN-35% OWNER OF US FOODSERVICE. NAME OF INTERESTED PERSON: HESS CORPORATION FOLLOWING AN OBJECTIVE, COMPETITIVE MULTI-PARTY BIDDING PROCESS, THE ORGANIZATION PURCHASED NATURAL GAS AND FUEL OIL FROM HESS CORPORATION. MR. HESS IS CHAIRMAN OF THE BOARD AND CHIEF EXECUTIVE OFFICER OF, AND HAS A FINANCIAL INTEREST IN, HESS CORPORATION. NAME OF INTERESTED PERSON: XO COMMUNICATION 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. MR. ICAHN IS A GREATER-THAN-35% OWNER OF 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. NAME OF INTERESTED PERSON: DR. CAROLYN SICHER TRUSTEE SUSAN CULLMAN'S DAUGHTER (WHO IS ALSO TRUSTEE EDGAR CULLMAN, SR.'S GRANDDAUGHTER) IS EMPLOYED BY MOUNT SINAI SCHOOL OF MEDICINE. NEITHER MS. CULLMAN NOR MR. CULLMAN HAS ANY INVOLVEMENT IN DECISIONS RELATED TO HER EMPLOYMENT. NAME OF INTERESTED PERSON: DR. ELISSA GRETZ FRIEDMAN TRUSTEE ROBERT FRIEDMAN'S WIFE IS EMPLOYED BY MOUNT SINAI SCHOOL OF MEDICINE. MR. FRIEDMAN HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS WIFE'S EMPLOYMENT. NAME OF INTERESTED PERSON: KIMBERLY HARRISON TRUSTEE CLIFFORD GOLDSMITH'S GRANDDAUGHTER IS EMPLOYED BY MOUNT SINAI SCHOOL OF MEDICINE. MR. GOLDSMITH HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS GRANDDAUGHTER'S EMPLOYMENT. NAME OF INTERESTED PERSON: DR. IRWIN GRIBETZ TRUSTEE JUDAH GRIBETZ'S BROTHER IS EMPLOYED BY MOUNT SINAI SCHOOL OF MEDICINE. 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 SCHOOL OF MEDICINE. 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 HOSPITAL. MR. SCANLON HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS SON'S EMPLOYMENT. NAME OF INTERESTED PERSON: ETHYLIN WANE JABS OFFICER DOUGLAS JABS' SPOUSE IS AN EMPLOYEE OF THE SCHOOL OF MEDICINE. MR. JABS HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS WIFE'S EMPLOYMENT. NAME OF INTERESTED PERSON: FRANCESCO RAMIREZ OFFICER MARGARET PASTUSZKO'S SPOUSE IS AN EMPLOYEE OF THE SCHOOL OF MEDICINE. MRS. PASTUSZKO HAS NO INVOLVEMENT IN DECISIONS RELATED TO HER HUSBAND'S EMPLOYMENT. NAME OF INTERESTED PERSON: ASAF RABINOVITZ TRUSTEE JOSEPH SHENKER'S SON-IN-LAW IS EMPLOYED BY MOUNT SINAI SCHOOL OF MEDICINE. MR. SHENKER HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS SON-IN-LAW'S EMPLOYMENT. NAME OF INTERESTED PERSON: Gary B. Davis Officer Dr. Kenneth Davis's brother is an employee of the Hospital. Dr. Davis has no involvement in decisions related to his brother's employment. *ALL REPORTED AMOUNTS REFLECT AGGREGATE 2011 SPENDING FOR THE MOUNT SINAI HOSPITAL, MOUNT SINAI SCHOOL OF MEDICINE OF NEW YORK UNIVERSITY, AND ALL RELATED ENTITIES AND ORGANIZATIONS.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
FORM 990, PART I, LINE 5NUMBER OF EMPLOYEESALL EMPLOYEES OF THE HOSPITAL AND MOUNT SINAI SCHOOL OF MEDICINE, 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 21,220. THE MEDICAL CENTER DOES NOT HAVE ANY EMPLOYEES AND RECEIVES SERVICES FROM EMPLOYEES OF THE MOUNT SINAI SCHOOL AND OF MEDICINE AND THE MOUNT SINAI HOSPITAL.
FORM 990, PART VI, SECTION A, LINE 2FAMILY/BUSINESS RELATIONSHIPSTRUSTEES LEON BLACK AND JOSHUA HARRIS ARE MANAGING PARTNERS OF THE SAME FIRM. TRUSTEES JAMES CRYSTAL AND JEAN CRYSTAL ARE MARRIED TO EACH OTHER. TRUSTEES EDGAR CULLMAN, JR. AND SUSAN CULLMAN ARE SIBLINGS. TRUSTEE EDGAR CULLMAN, SR. (DECEASED) WAS THE FATHER OF TRUSTEES SUSAN CULLMAN AND EDGAR CULLMAN, JR. TRUSTEES EDGAR CULLMAN, SR. AND EDGAR CULLMAN, JR. BOTH HAD OWNERSHIP INTERESTS IN THE SAME FIRM. TRUSTEE BONNIE DAVIS, M.D. IS MARRIED TO KENNETH DAVIS, M.D., WHO IS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE MOUNT SINAI MEDICAL CENTER. TRUSTEES SONIA GARDNER AND MARC LASRY ARE SIBLINGS AND ARE ALSO CO-OWNERS OF THE SAME FIRM. TRUSTEES MICHAEL GROSS AND VICKI GROSS ARE MARRIED TO EACH OTHER. TRUSTEE MARC LIPSCHULTZ IS A MEMBER 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 TOM STRAUSS ARE OFFICERS OF THE SAME FIRM. OF THE SAME FIRM.
FORM 990, PART VI, SECTION B, LINE 11AFORM 990 PROVIDED TO GOVERNING BODYTHE 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 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 COMPLIANCE DEPARTMENT AND E&Y WITH RESPECT TO THE QUESTIONNAIRES SUBMITTED BY OTHER OFFICERS AND KEY EMPLOYEES *THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTED A REVIEW OF THE ENTIRE TAX RETURN, WITH THE PARTICIPATION OF E&Y, THE FINANCE DEPARTMENT, AND THE GENERAL COUNSEL'S OFFICE. THE AUDIT COMMITTEE APPROVED THE TAX RETURNS AS PRESENTED. *THE AUDIT COMMITTEE'S REPORT OF ITS REVIEW OF THE TAX RETURNS AND ITS RECOMMENDATION TO FILE THE RETURNS WERE PRESENTED TO, AND ACCEPTED BY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES (THE "EXECUTIVE COMMITTEE"). *IN ADDITION TO AUTHORIZING THE FILING OF THE TAX RETURNS, THE EXECUTIVE COMMITTEE DIRECTED THAT THE RETURNS, WHICH WILL BE FILED ON OR BEFORE NOVEMBER 15, 2012, BE PROVIDED TO ALL TRUSTEES VIA THE TRUSTEES' CONFIDENTIAL WEBSITE, AND THOSE RETURNS WERE SO PROVIDED BEFORE BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12CMONITORING & ENFORCING COMPLIANCE WITH THE POLICYCOMPLIANCE WITH THE ORGANIZATION'S BUSINESS CONFLICTS OF INTEREST POLICY (THE "POLICY") IS REQUIRED OF TRUSTEES, EMPLOYEES, MEDICAL STAFF AND NON-EMPLOYEE MEMBERS OF INSTITUTIONAL COMMITTEES AND INCLUDES AN ONGOING DUTY TO DISCLOSE POTENTIAL CONFLICTS. COMPLIANCE WITH THE POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ALL DISCLOSURES WITH THE POTENTIAL FOR CONFLICT ARE REVIEWED BY AN APPROPRIATE COMMITTEE WHERE THEY ARE CAREFULLY EVALUATED. WHEN APPROPRIATE, A PLAN, WHICH MAY INVOLVE MEASURES INCLUDING, BUT NOT LIMITED TO, RECUSAL FROM PARTICIPATING IN AFFECTED TRANSACTIONS, IS DEVELOPED TO MANAGE THE POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINES 15A & 15 BPROCESS FOR DETERMINATION OF COMPENSATIONTHE 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 PRESUMPTION OF REASONABLENESS. 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 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 THE GEOGRAPHIC AREA; CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE DISQUALIFIED PERSON. THE COMPENSATION COMMITTEE REVIEWS AND EVALUATES THE COMPARABILITY DATA AND ANY ANALYSIS PROVIDED BY THE CONSULTANT AND DECIDES WHETHER TO RELY ON THE DATA PROVIDED. 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, AND THE CEO'S 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 EXECUTIVE STAFF IN EXECUTIVE SESSION (I.E. WITHOUT STAFF PRESENT). THE COMPENSATION COMMITTEE CONTEMPORANEOUSLY DOCUMENTS IN WRITTEN MINUTES ITS DECISIONS, THE PROCESS USED IN REACHING THE DECISIONS, THE COMPARABILITY DATA RELIED ON IN MAKING THE DECISIONS, AND THE COMPENSATION COMMITTEE'S RATIONALE FOR THE DECISIONS (WHEN ONE IS CALLED FOR).
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLICTHE ORGANIZATION MAKES ITS BUSINESS CONFLICTS OF INTEREST POLICY AVAILABLE ON ITS WEBSITE (WWW.MOUNTSINAI.ORG) AND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
FORM 990, PART VII, SECTION AAVERAGE HOURS DEVOTED TO RELATED ORGANIZATIONS*BURTON P. DRAYER, M.D. - 5 HOURS WITH MSH AND 55 HOURS WITH MSSM *DENNIS S. CHARNEY, M.D. - 55 HOURS WITH MSSM and 1 hour with mitral foundation. *DOUGLAS JABS, M.D. - 55 HOURS WITH MSSM *DONALD T. SCANLON - 27.5 HOURS WITH MSH, 27.5 HOURS WITH MSSM, 1 HOUR WITH MSMC REALTY, AND 1 HOUR WITH MSMC RESIDENTIAL REALTY *ELANA ABRAHAM - 41 HOURS WITH MSH AND 14 HOURS WITH MSSM *FRANK CINO - 20.9 HOURS WITH MSSM AND 34.1 HOURS WITH MSH *IRA NASH, M.D. - 55 HOURS WITH MSH *JACK NELSON - 47.8 HOURS WITH MSH AND 7.2 HOURS WITH MSSM *JANE MAKSOUD - 25.9 HOURS WITH MSH AND 29.1 HOURS WITH MSSM *JANE WHITNEY - 26.4 HOURS WITH MSSM AND 28.6 HOURS WITH MSH *JEFF SILBERSTEIN, MBA - 27.5 HOURS WITH MSH AND 27.5 HOURS WITH MSSM *KENNETH L. DAVIS, M.D. - 27.5 HOURS WITH MSH, 27.5 HOURS WITH MSSM, AND 1 HOUR WITH MSMC REALTY *MARGARET PASTUSZKO - 27.5 HOURS WITH MSSM AND 27.5 HOURS WITH MSH *MARK KOSTEGAN, FAHP - 16.5 HOURS WITH MSH, 38.5 HOURS WITH MSSM and 1 hour with mitral foundation. *MICHAEL MACDONALD - 27.5 HOURS WITH MSH AND 27.5 HOURS WITH MSSM *MICHAEL PASTIER - 55 HOURS WITH MSH, 5 HOURS WITH MSDTC, AND 1 HOUR WITH MSMC RESIDENTIAL REALTY *STEPHEN HARVEY - 55 HOURS WITH MSSM, 1 HOUR WITH MSMC REALTY, 1 HOUR WITH RESIDENTIAL REALTY and 1 hour with mitral foundation. *WAYNE KEATHLEY - 55 HOURS WITH MSH AND 1 HOUR WITH MITRAL FOUNDATION *SCOTT PITTMAN - 55 HOURS WITH MSSM *Connie C. Klepper - 27.5 HOURS WITH MSH, 27.5 HOURS WITH MSSM *Kumar Chatani - 47.8 HOURS WITH MSH AND 7.2 HOURS WITH MSSM

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (8 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled OrgControlledOrg
MOUNT SINAI SCHOOL OF MEDICINE
ONE GUSTAVE L LEVY PLACENEW YORKNY10029136171197SCHOOLNY501(C)(3)2NAfalse
THE MOUNT SINAI HOSPITAL
ONE GUSTAVE L LEVY PLACENEW YORKNY10029131624096HOSPITALNY501(C)(3)3NAfalse
Mitral Foundation
1190 fifth avenuenew yorkNY10029800468600researchNY501(C)(3)11 type IMSSMtrue
the children's center foundation
one gustave l levy placenew yorkNY10029223059294supportNY501(C)(3)11 type IMSSMtrue
msmc realty corp
one gustave l levy placenew yorkNY10029133852596real estateNY501(C)(3)11 type Isee part viitrue
msmc residential realty llc
1425 madison avenuenew yorkNY10029200244426real estateNY501(C)(3)11 type Isee part viitrue
mT sinai diagnostic & treatment centeR
one gustave l levy placenew yorkNY10029450537391diag clinicNY501(C)(3)3MSHtrue
msmc residential realty mgmt
1425 madison avenuenew yorkNY10029201289396managementNY501(C)(3)11 type Isee part viitrue
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Form990 Schedule R Part VII Form990ScheduleRPartVII

FieldValueIRS element (for citing)
IdentifierPart ii, line 5, column fIdentifier
Return Referencedirect controlling entityReturnReference
Explanationthe mount sinai school of medicine, the mount sinai hospital, and the mount sinai medical center are all members of this entity. Part ii, line 6, column f direct controlling entity the mount sinai school of medicine, the mount sinai hospital, the msmc realty corp, and the msmc residential realty manager llc are all members of this entity. Part ii, line 8, column f direct controlling entity the mount sinai school of medicine, the mount sinai hospital, and the msmc realty corp are all members of this entity.Explanation

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