MOUNT SINAI MEDICAL CENTER INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MOUNT SINAI MEDICAL CENTER INC (EIN 13-6271888)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-14
- IRS object ID
- 201343189349302574
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-14T09:51:59-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136271888 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Mount Sinai Medical Center | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % STEPHEN HARVEY | InCareOfName |
| Name Control | MOUN | NameControl |
| Phone | 2127313413 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN HARVEY | Name |
| Title | SENIOR VP | Title |
| Date Signed | 2013-11-13 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3176817000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEPHEN HARVEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE GUSTAVE L LEVY PLACE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100296574 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 0 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | n/a | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1967 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE MEDICAL CENTER SUPERVISES AND COORDINATES POLICIES AND FUND-RAISING ACTIVITIES FOR THE MOUNT SINAI HOSPITAL AND ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 46 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 38 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | -1019495 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1019495 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | -1019495 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 0 | TotalRevenuePriorYear |
| Total Revenue Current Year | -1019495 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 0 | OtherExpensePriorYear |
| Other Expenses Current Year | 0 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 0 | TotalExpensesPriorYear |
| Total Expenses Current Year | 0 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 0 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1019495 | RevenuesLessExpensesCY |
| Total Assets BOY | 17006095 | TotalAssetsBOY |
| Total Assets EOY | 16796132 | TotalAssetsEOY |
| Total Liabilities BOY | 2042890 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1832927 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14963205 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14963205 | NetAssetsOrFundBalancesEOY |
| Mission Description | PROVIDE FUNDRAISING AND SUPPORT TO THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AND THE MOUNT SINAI HOSPITAL. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 0 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | THE MEDICAL CENTER MAINTAINS INVESTMENTS IN A POOLED INVESTMENT PORTFOLIO FOR THE BENEFIT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, MOUNT SINAI AUXILIARY BOARD, 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 Program Service Expense | 0 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 46 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 38 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | STEPHEN HARVEY | NamePerson |
| Telephone Number | 2127313413 | TelephoneNumber |
Address US AddressUS
| 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 |
Form990 Part VII Section A Form990PartVIISectionA (70 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|---|
| ANDREW M ALPER | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| GLENN R AUGUST | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| JEFF T BLAU | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| THOMAS R BLOCK | |||||||
| TREASURER/TRUSTEE | 1.0 | 4.0 | X | 0 | 0 | 0 | X |
| ANDREW BORROK | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| CHRISTOPHER W BRODY | |||||||
| TRUSTEE | 1.0 | 2.0 | X | 0 | 0 | 0 | |
| GERALD J CARDINALE | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| JAMES W CRYSTAL | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| DR BONNIE M DAVIS | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| JOEL S EHRENKRANZ | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| BLAINE V FOGG | |||||||
| TRUSTEE | 1.0 | 5.0 | X | 0 | 0 | 0 | |
| SONIA E GARDNER | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| DONALD J GOGEL | |||||||
| SENIOR VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | X | |
| CLIFFORD H GOLDSMITH | |||||||
| TRUSTEE | 1.0 | 7.0 | X | 0 | 0 | 0 | |
| JUDAH GRIBETZ | |||||||
| TRUSTEE | 1.0 | 2.0 | X | 0 | 0 | 0 | |
| GEORGE J GRUMBACH JR | |||||||
| TRUSTEE | 1.0 | 2.0 | X | 0 | 0 | 0 | |
| CARLA HARRIS | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| JOSHUA J HARRIS | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| ANDREW D HEINEMAN | |||||||
| TRUSTEE | 1.0 | 4.0 | X | 0 | 0 | 0 | |
| GAIL GOLDEN ICAHN | |||||||
| TRUSTEE | 1.0 | 2.0 | X | 0 | 0 | 0 | |
| ELLEN KATZ | |||||||
| VICE CHAIR/SECRETARY/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| MICHAEL KLEIN | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| FREDERICK KLINGENSTEIN | |||||||
| HONORARY CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| HENRY R KRAVIS | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| ERIC S LANE | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| JOHN A LEVIN | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| MARC S LIPSCHULTZ | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| DANIEL S LOEB | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| PETER W MAY | |||||||
| CHAIRMAN OF BOARD OF TRUSTEES | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| MICHAEL MINIKES | |||||||
| SENIOR VICE CHAIRMAN/TRUSTEE | 1.0 | 10.0 | X | 0 | 0 | 0 | X |
| NEIL S MITCHELL | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| JOSHUA NASH | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| BERNARD W NUSSBAUM | |||||||
| TRUSTEE | 1.0 | 4.0 | X | 0 | 0 | 0 | |
| PETER R ORSZAG | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| JOSEPH J PLUMERI | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| RICHARD RAVITCH | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| JUDITH O RUBIN | |||||||
| TRUSTEE | 1.0 | 4.0 | X | 0 | 0 | 0 | |
| HON ROBERT E RUBIN | |||||||
| SENIOR VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| ERIC M RUTTENBERG | |||||||
| TRUSTEE | 1.0 | 4.0 | X | 0 | 0 | 0 | |
| ANDREW M SAUL | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| JOSEPH C SHENKER | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| THOMAS W STRAUSS | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | X | 0 | 0 | 0 | X |
| ERIC WALDMAN | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| CHRISTOPHER J WILLIAMS | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| DAVID WINDREICH | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| DAVID M ZASLAV | |||||||
| TRUSTEE | 2.0 | 0.0 | X | 0 | 0 | 0 | |
| KENNETH DAVIS MD 1 | |||||||
| PRESIDENT/CEO | 1.0 | 54.0 | 0 | 3199822 | 57450 | X | |
| DENNIS CHARNEY MD12 | |||||||
| EXEC. VP, ACADEMIC AFFAIRS | 1.0 | 54.0 | 0 | 1483812 | 41835 | X | |
| BURTON DRAYER MD12 | |||||||
| EXECUTIVE VP FOR RISK | 1.0 | 54.0 | 0 | 1338924 | 37957 | X | |
| WAYNE KEATHLEY 1 | |||||||
| EXEC. VP, BUSINESS DEVELOPMENT | 1.0 | 54.0 | 0 | 1343848 | 50120 | X | |
| DONALD T SCANLON 1 | |||||||
| EXECUTIVE VP/CFO | 1.0 | 54.0 | 0 | 1572064 | 52084 | X | |
| JEFFREY SILBERSTEIN 1 | |||||||
| EXEC VP, ADMIN AFFAIRS/CAO | 1.0 | 54.0 | 0 | 1028294 | 41572 | X | |
| KUMAR CHATANI 1 | |||||||
| SENIOR VP, IT & CIO | 1.0 | 54.0 | 0 | 869324 | 24547 | X | |
| STEPHEN HARVEY 1 | |||||||
| SENIOR VP | 1.0 | 54.0 | 0 | 707935 | 69424 | X | |
| DOUGLAS JABS MD 1 | |||||||
| SENIOR VP/CEO, FPA | 1.0 | 54.0 | 0 | 864186 | 45591 | X | |
| CONNIE C KLEPPER 1 | |||||||
| SENIOR VP, BUS DEV & MGD CARE | 1.0 | 54.0 | 0 | 705112 | 40926 | X | |
| MARK KOSTEGAN FAHP 1 | |||||||
| SENIOR VP, DEVELOPMENT | 1.0 | 54.0 | 0 | 827340 | 43526 | X | |
| JANE MAKSOUD 1 | |||||||
| SENIOR VP, HR & LABOR RELATION | 1.0 | 54.0 | 0 | 734564 | 57157 | X | |
| IRA S NASH MD 1 | |||||||
| SENIOR VP, RESIGNED 6/4/12 | 1.0 | 54.0 | 0 | 228585 | 30092 | X | |
| MICHAEL PASTIER 1 | |||||||
| SENIOR VP | 1.0 | 54.0 | 0 | 710347 | 65411 | X | |
| MARGARET PASTUSZKO 1 | |||||||
| SENIOR VP, STRATEGIC PLANNING | 1.0 | 54.0 | 0 | 664698 | 49668 | X | |
| SCOTT PITTMAN 1 | |||||||
| SENIOR VP/CIO | 1.0 | 54.0 | 0 | 570604 | 50371 | X | |
| FRANK CINO MS CPA 1 | |||||||
| VP/CHIEF AUDIT EXECUTIVE | 1.0 | 54.0 | 0 | 447158 | 46018 | X | |
| JANE WHITNEY 1 | |||||||
| VP/CCO | 1.0 | 54.0 | 0 | 351480 | 39807 | X | |
| ELANA ABRAHAM 1 | |||||||
| CORPORATE TREASURER | 1.0 | 54.0 | 0 | 242660 | 49393 | X | |
| MICHAEL MACDONALDESQ 1 | |||||||
| EXECUTIVE VP/GENERAL COUNSEL | 1.0 | 54.0 | 0 | 961554 | 61658 | X | |
| ALFRED R STERN | |||||||
| HONORARY CHAIRMAN/TRUSTEE | 1.0 | 8.0 | 0 | 0 | 0 | X | |
| JAMES S TISCH | |||||||
| SENIOR VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | 0 | 0 | 0 | X | |
| GLENN DUBIN | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | 0 | 0 | 0 | X | |
| ERIC MINDICH | |||||||
| VICE CHAIRMAN/TRUSTEE | 1.0 | 8.0 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 18852311 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 954607 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | 8 EAST 102ND STREET MANAGER LLC | Description |
| Business Code | 525990 | BusinessCode |
| Total Revenue Column | -1019495 | TotalRevenueColumn |
| Unrelated Business Revenue | -1019495 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -1019495 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1019495 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -1019495 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14712977 | BOY |
| EOY | 1798433 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2293118 | BOY |
| EOY | 14997699 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17006095 | BOY |
| EOY | 16796132 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2042890 | BOY |
| EOY | 1832927 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2042890 | BOY |
| EOY | 1832927 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14963205 | BOY |
| EOY | 14963205 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14963205 | BOY |
| EOY | 14963205 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17006095 | BOY |
| EOY | 16796132 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1019495 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1019495 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type2 | X | SupportingOrg509a3Type2 |
| Certification Checkbox | X | CertificationCheckbox |
| Written IRS Determination | X | WrittenIRSDetermination |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation (2 entries)
| EINEIN | Type Of OrganizationTypeOfOrganization | Listed In Governing DocListedInGoverningDoc | AmountAmount |
|---|---|---|---|
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | |||
| 136171197 | 02 | true | $0 |
| THE MOUNT SINAI HOSPITAL | |||
| 131624096 | 03 | true | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 2 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 0 | SumOfAmounts |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14963205 | BeginningOfYearBalance |
| End Of Year Balance | 14963205 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14963205 | BeginningOfYearBalance |
| End Of Year Balance | 14963205 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14963205 | BeginningOfYearBalance |
| End Of Year Balance | 14963205 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14963205 | BeginningOfYearBalance |
| End Of Year Balance | 14963205 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14693205 | BeginningOfYearBalance |
| End Of Year Balance | 14693205 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Land | Land | |
| Buildings | Buildings | |
| Leasehold Improvements | LeaseholdImprovements | |
| Equipment | Equipment | |
| Other Land Buildings | OtherLandBuildings | |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGE FUNDS | 12054283 | F |
| PRIVATE EQUITY | 2943416 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 14997699 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO ISMMS | Description |
| Amount | $1,832,927 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1832927 | TotalOfAmounts |
| Other Revenues Not Included | -1019495 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -1019495 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | -1019495 | TotalRevenuePerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART V, LINE 4 | Identifier |
| Explanation | THE MEDICAL CENTER'S ENDOWMENT FUNDS' INTENDED USE IS TO GENERATE INCOME FOR THE BENEFIT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AND/OR THE MOUNT SINAI HOSPITAL PER THE MEDICAL CENTER'S MISSION. PART XI, LINE 4B LOSS FROM 8 EAST 102ND STREET MANAGER LLC $1,019,495 | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean | Region |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConducted |
| Total Expenditures | 7752000 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 7752000 | SubtotalAmountSpent |
| Total Amount Spent | 7752000 | TotalAmountSpent |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE F, PARTS I & IV | Identifier |
| Explanation | PLEASE NOTE THAT THE INVESTMENT ACTIVITIES LISTED IN PART I ARE ALLOCATED TO AGREE TO THE AUDITED FINANCIAL STATEMENT REPORTING AS POOLED INVESTMENTS WHILE PART IV REPORTS ON FOREIGN FILINGS FILED BY THE RESPECTIVE ORGANIZATION. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (20 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KENNETH DAVIS MD 1 | ||||||||||||||
| PRESIDENT/CEO | 0 | 1471000 | 0 | 1500000 | 0 | 228822 | 0 | 25000 | 0 | 32450 | 0 | 3257272 | 0 | 0 |
| DENNIS CHARNEY MD12 | ||||||||||||||
| EXEC. VP, ACADEMIC AFFAIRS | 0 | 725000 | 0 | 408722 | 0 | 350090 | 0 | 25000 | 0 | 16835 | 0 | 1525647 | 0 | 0 |
| BURTON DRAYER MD12 | ||||||||||||||
| EXECUTIVE VP FOR RISK | 0 | 212097 | 0 | 250000 | 0 | 876827 | 0 | 21210 | 0 | 16747 | 0 | 1376881 | 0 | 0 |
| WAYNE KEATHLEY 1 | ||||||||||||||
| EXEC. VP, BUSINESS DEVELOPMENT | 0 | 806000 | 0 | 400000 | 0 | 137848 | 0 | 25000 | 0 | 25120 | 0 | 1393968 | 0 | 0 |
| DONALD T SCANLON 1 | ||||||||||||||
| EXECUTIVE VP/CFO | 0 | 792000 | 0 | 650000 | 0 | 130064 | 0 | 25000 | 0 | 27084 | 0 | 1624148 | 0 | 0 |
| JEFFREY SILBERSTEIN 1 | ||||||||||||||
| EXEC VP, ADMIN AFFAIRS/CAO | 0 | 684000 | 0 | 256738 | 0 | 87556 | 0 | 25000 | 0 | 16572 | 0 | 1069866 | 0 | 0 |
| KUMAR CHATANI 1 | ||||||||||||||
| SENIOR VP, IT & CIO | 0 | 450000 | 0 | 270417 | 0 | 148907 | 0 | 7500 | 0 | 17047 | 0 | 893871 | 0 | 0 |
| STEPHEN HARVEY 1 | ||||||||||||||
| SENIOR VP | 0 | 456000 | 0 | 200000 | 0 | 51935 | 0 | 25000 | 0 | 44424 | 0 | 777359 | 0 | 0 |
| DOUGLAS JABS MD 1 | ||||||||||||||
| SENIOR VP/CEO, FPA | 0 | 212097 | 0 | 154361 | 0 | 497728 | 0 | 21210 | 0 | 24381 | 0 | 909777 | 0 | 0 |
| CONNIE C KLEPPER 1 | ||||||||||||||
| SENIOR VP, BUS DEV & MGD CARE | 0 | 426000 | 0 | 242734 | 0 | 36378 | 0 | 20000 | 0 | 20926 | 0 | 746038 | 0 | 0 |
| MARK KOSTEGAN FAHP 1 | ||||||||||||||
| SENIOR VP, DEVELOPMENT | 0 | 500000 | 0 | 210019 | 0 | 117321 | 0 | 25000 | 0 | 18526 | 0 | 870866 | 0 | 0 |
| JANE MAKSOUD 1 | ||||||||||||||
| SENIOR VP, HR & LABOR RELATION | 0 | 508000 | 0 | 160000 | 0 | 66564 | 0 | 25000 | 0 | 32157 | 0 | 791721 | 0 | 0 |
| IRA S NASH MD 1 | ||||||||||||||
| SENIOR VP, RESIGNED 6/4/12 | 0 | 169743 | 0 | 0 | 0 | 58842 | 0 | 18618 | 0 | 11474 | 0 | 258677 | 0 | 0 |
| MICHAEL PASTIER 1 | ||||||||||||||
| SENIOR VP | 0 | 508000 | 0 | 145698 | 0 | 56649 | 0 | 25000 | 0 | 40411 | 0 | 775758 | 0 | 0 |
| MARGARET PASTUSZKO 1 | ||||||||||||||
| SENIOR VP, STRATEGIC PLANNING | 0 | 433750 | 0 | 230000 | 0 | 948 | 0 | 20000 | 0 | 29668 | 0 | 714366 | 0 | 0 |
| SCOTT PITTMAN 1 | ||||||||||||||
| SENIOR VP/CIO | 0 | 550000 | 0 | 0 | 0 | 20604 | 0 | 25000 | 0 | 25371 | 0 | 620975 | 0 | 0 |
| FRANK CINO MS CPA 1 | ||||||||||||||
| VP/CHIEF AUDIT EXECUTIVE | 0 | 325500 | 0 | 97000 | 0 | 24658 | 0 | 20000 | 0 | 26018 | 0 | 493176 | 0 | 0 |
| JANE WHITNEY 1 | ||||||||||||||
| VP/CCO | 0 | 309000 | 0 | 37594 | 0 | 4886 | 0 | 20000 | 0 | 19807 | 0 | 391287 | 0 | 0 |
| ELANA ABRAHAM 1 | ||||||||||||||
| CORPORATE TREASURER | 0 | 233248 | 0 | 7500 | 0 | 1912 | 0 | 19934 | 0 | 29459 | 0 | 292053 | 0 | 0 |
| MICHAEL MACDONALDESQ 1 | ||||||||||||||
| EXECUTIVE VP/GENERAL COUNSEL | 0 | 581000 | 0 | 142618 | 0 | 237936 | 0 | 20000 | 0 | 41658 | 0 | 1023212 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part VII, Section A & Schedule J | Identifier |
| Return Reference | Compensation Footnotes | ReturnReference |
| Explanation | Officer 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, Inc. and all related entities. (1) Compensation and benefits are funded from The Mount Sinai Hospital and/or Icahn School of Medicine at Mount Sinai. (2) Employee has an outstanding loan reflected in Schedule L, Part II of Icahn School of Medicine at Mount Sinai's Form 990. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (15 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| HESS CORPORATION | |||
| JOHN HESS, TRUSTEE | 20525024 | SEE Part V | false |
| XO COMMUNICATIONS | |||
| CARL ICAHN, TRUSTEE | 865613 | SEE Part V | false |
| DR CAROLYN SICHER | |||
| SUSAN CULLMAN, TRUSTEE | 28928 | SEE Part V | false |
| DR ELISSA GRETZ FRIEDMAN | |||
| Robert Friedman, trustee | 15058 | SEE Part V | false |
| DR IRWIN GRIBETZ | |||
| Judah Gribetz, trustee | 72720 | SEE Part V | false |
| KIMBERLY HARRISON | |||
| CLIFFORD GOLDSMITH TRUST | 106119 | SEE Part V | false |
| US FOODS | |||
| GOGEL & KRAVIS TRUSTEES | 826420 | SEE Part V | false |
| OCH ZIFF CAPITAL MANAGEMENT | |||
| DAVID WINDREICH, TRUSTEE | 3392610 | SEE Part V | false |
| KAREN KOSTEGAN | |||
| MARK KOSTEGAN, OFFICER | 41519 | SEE Part V | false |
| ETHYLIN WANE JABS | |||
| DOUGLAS JABS, officer | 190464 | SEE Part V | false |
| BRIAN SCANLON | |||
| DONALD SCANLON, officer | 53981 | SEE Part V | false |
| GARY B DAVIS | |||
| DR. KENNETH DAVIS,OFFICER | 147725 | SEE Part V | false |
| AVENUE CAPITAL | |||
| GARDNER & LARSKY,TRUSTEES | 230295 | SEE PART V | false |
| RELATED MANAGEMENT COMPANY LP | |||
| JEFF BLAU, TRUSTEE | 2029382 | SEE PART V | false |
| MARGARET RUTTENBERG | |||
| ERIC RUTTENBERG, TRUSTEE | 23773 | SEE PART V | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE L, PART IV, COLUMN D | Identifier |
| Return Reference | BUSINESS TRANSACTIONS INVOLVING INTERESTED PARTIES | ReturnReference |
| Explanation | 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. 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. 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: 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 EMPLOYMENT. NAME OF INTERESTED PERSON: ELISSA GRETZ FRIEDMAN: TRUSTEE ROBERT FRIEDMAN'S WIFE IS EMPLOYED BY THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. FRIEDMAN HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS WIFE'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: KIMBERLY HARRISON: TRUSTEE CLIFFORD GOLDSMITH'S GRANDDAUGHTER IS EMPLOYED BY THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. GOLDSMITH HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS GRANDDAUGHTER'S EMPLOYMENT. NAME OF INTERESTED PERSON: US FOODS: MOUNT SINAI PURCHASES A PORTION OF ITS FOOD FROM US FOODS. 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. MR. GOGEL AND MR. KRAVIS ARE CEOS OF FIRMS THAT ARE 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: 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: 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: ETHYLIN WANE JABS: KEY EMPLOYEE DOUGLAS JABS' SPOUSE IS AN EMPLOYEE OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. MR. JABS 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'S BROTHER IS AN EMPLOYEE OF THE HOSPITAL. DR. DAVIS HAS NO INVOLVEMENT IN DECISIONS RELATED TO HIS BROTHER'S EMPLOYMENT. NAME OF INTERESTED PERSON: AVENUE CAPITAL: TRUSTEES SONIA GARDNER AND MARC LASRY ARE 100% OWNERS OF AVENUE CAPITAL WHICH MANAGED INVESTMENT CAPITAL FOR THE ORGANIZATION DURING CALENDAR YEAR 2012. 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. NEITHER MS. GARDNER NOR MR. LASRY WERE INVOLVED IN THE ORGANIZATION'S DECISIONS RELATED TO AVENUE CAPITAL. NAME OF INTERESTED PERSON: RELATED MANAGEMENT COMPANY, L.P.: 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 RELATED MANAGEMENT COMPANY, L.P. ("RMC"). MR. BLAU IS A DIRECTOR OF RMC. MR. BLAU REMAINS UNINVOLVED IN THE ORGANIZATION'S DECISIONS REGARDING RELATED MANAGEMENT COMPANY, L.P. 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. *ALL REPORTED AMOUNTS REFLECT AGGREGATE 2012 SPENDING FOR THE MOUNT SINAI HOSPITAL, ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI MEDICAL CENTER, INC., AND ALL RELATED ENTITIES AND ORGANIZATIONS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SUPPLEMENTAL INFORMATION | SCHEDULE O | PART I, LINE 5 NUMBER OF EMPLOYEES ALL EMPLOYEES OF THE MOUNT SINAI HOSPITAL AND ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, INCLUDING THOSE WHO PROVIDE SERVICES AT ELMHURST HOSPITAL CENTER AND QUEENS HOSPITAL CENTER, UTILIZE A COMMON PAYMASTER UNDER THE HOSPITAL'S TAX IDENTIFICATION NUMBER. THE TOTAL NUMBER OF EMPLOYEES REPORTED UNDER THE HOSPITAL TAX IDENTIFICATION NUMBER IS 21,829. THE MEDICAL CENTER DOES NOT HAVE ANY EMPLOYEES AND RECEIVES SERVICES FROM EMPLOYEES OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AND THE MOUNT SINAI HOSPITAL. PART VI, SECTION A, LINE 2 FAMILY/BUSINESS RELATIONSHIPS 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 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. TRUSTEES DONALD GOGEL AND HENRY KRAVIS ARE CEO'S OF FIRMS THAT ARE EACH INDIRECTLY A GREATER-THAN 35% OWNER OF US FOODS. PART VI, SECTION B, LINE 11A FORM 990 CHANGES TO GOVERNING DOCUMENTS THE SCHOOL'S NAME CHANGE WAS OFFICIALLY APPROVED BY THE UNIVERSITY OF THE STATE OF NEW YORK EDUCATION DEPARTMENT'S BOARD OF REGENTS AT THEIR MEETING OF DECEMBER 11, 2012. THE AMENDED CHARTER REFELECTING THE NAME CHANGE OF MOUNT SINAI SCHOOL OF MEDICINE TO ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI WAS SENT TO THE IRS AND PROCESSED AND APPROVED BY THE FEDERAL GOVERNMENT AS OF AUGUST 2, 2013. PART VI, SECTION B, LINE 11B FORM 990 PROVIDED TO GOVERNING BODY THE FINANCE DEPARTMENT GATHERED THE RELEVANT INFORMATION AND PREPARED THE TAX RETURNS * OUR OUTSIDE AUDITORS, ERNST & YOUNG, PARTICIPATED IN THE PREPARATION OF, AND REVIEWED, ALL TAX RETURNS. * A QUESTIONNAIRE WAS CIRCULATED TO ALL TRUSTEES (I.E., DIRECTORS), OFFICERS AND KEY EMPLOYEES IN ORDER TO ELICIT THE INFORMATION REQUIRED TO BE REPORTED ON THE TAX RETURNS. * THE TRUSTEE CONFLICTS OF INTEREST REVIEW COMMITTEE REVIEWED THE RESPONSES PROVIDED BY TRUSTEES AND CERTAIN OFFICERS IN THE QUESTIONNAIRES AND ASSESSED ADDITIONAL PERTINENT FACTS GATHERED BY THE INSTITUTION IN ORDER TO EVALUATE THE APPLICABILITY OF IRS REPORTING REQUIREMENTS. THE REVIEW COMMITTEE THEN DETERMINED THE APPROPRIATE TRUSTEE (AND CERTAIN OFFICER) DISCLOSURES THAT SHOULD BE MADE ON FORM 990 BASED ON THE RECOMMENDATIONS OF THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE AND THE AUDIT AND COMPLIANCE DEPARTMENT. THESE RECOMMENDATIONS WERE REVIEWED AND APPROVED BY E&Y. THE SAME PROCESS WAS CONDUCTED BY THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, THE AUDIT AND COMPLIANCE DEPARTMENT AND E&Y WITH RESPECT TO THE QUESTIONNAIRES SUBMITTED BY OTHER OFFICERS AND KEY EMPLOYEES * THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTED A REVIEW OF THE ENTIRE TAX RETURN, WITH THE PARTICIPATION OF E&Y, THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, AND THE AUDIT AND COMPLIANCE DEPARTMENT. THE AUDIT COMMITTEE APPROVED THE TAX RETURNS AS PRESENTED. * THE AUDIT COMMITTEE'S REPORT OF ITS REVIEW OF THE TAX RETURNS AND ITS RECOMMENDATION TO FILE THE RETURNS WERE PRESENTED TO, AND ACCEPTED BY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES (THE "EXECUTIVE COMMITTEE"). * IN ADDITION TO AUTHORIZING THE FILING OF THE TAX RETURNS, THE EXECUTIVE COMMITTEE DIRECTED THAT THE RETURNS, WHICH WILL BE FILED ON OR BEFORE NOVEMBER 15, 2013, 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. |
| SUPPLEMENTAL INFORMATION | SCHEDULE 0 | PART VI, SECTION B, LINE 15A & 15 B 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 XI, LINE 9 RECONCILIATION OF NET ASSETS OR FUND BALANCES 8 EAST 102ND STREET MANAGER LLC $1,019,495 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | ||||||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | 136171197 | SCHOOL | NY | 501 (C)(3) | 2 | NA | false |
| THE MOUNT SINAI HOSPITAL | ||||||||||
| ONE GUSTAVE L LEVY PLACE | NEW YORK | NY | 10029 | 131624096 | HOSPITAL | NY | 501 (C)(3) | 3 | NA | false |
| Mitral Foundation | ||||||||||
| 1190 fifth avenue | new york | NY | 10029 | 800468600 | research | NY | 501 (C)(3) | 11 type I | ISMMS | true |
| the children's center foundation | ||||||||||
| one gustave l levy place | new york | NY | 10029 | 223059294 | support | NY | 501 (C)(3) | 11 type I | ISMMS | true |
| msmc realty corporation | ||||||||||
| one gustave l levy place | new york | NY | 10029 | 133852596 | real estate | NY | 501 (C)(3) | 11 type I | see part vii | true |
| msmc residential realty llc | ||||||||||
| 1425 madison avenue | new york | NY | 10029 | 200244426 | real estate | NY | 501 (C)(3) | 11 type I | see part vii | true |
| mt sinai diagnostic & treatment center | ||||||||||
| one gustave l levy place | new york | NY | 10029 | 450537391 | diag clinic | NY | 501 (C)(3) | 3 | MSH | true |
| msmc residential realty manager inc | ||||||||||
| 1425 madison avenue | new york | NY | 10029 | 201289396 | Real Est Mgmt | NY | 501 (C)(3) | 11 type I | see part vii | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | R | TransactionType |
| Amount Involved | 1990573 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part ii, line 5, column f | Identifier |
| Return Reference | direct controlling entity | ReturnReference |
| Explanation | ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, 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 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, 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 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, AND THE MSMC REALTY CORP ARE ALL MEMBERS OF THIS ENTITY. | Explanation |
Comments