2011-11-12T11:22:02-06:00 2010-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 2600 INDIANAPOLIS IN 46204 990 2010-01-01 800468600 Mitral Foundation MITR 2127313413 1190 fifth avenue new york NY 10029 STEPHEN HARVEY 2011-11-11 5163360100 2010 2016-02-24 21:20:13Z stephen harvey one gustave l levy place new york NY 10029 529432 false X http://www.mitralfoundation.org/ X 2009 NY The mitral Foundation is a supporting organization with the purpose to support the Mitral Valve Repair Reference Center at The Mount Sinai hospital. 9 3 0 0 0 0 600000 528959 0 0 0 473 0 0 600000 529432 50870 65432 0 0 0 0 0 0 0 0 125 50870 65557 549130 463875 549130 1013005 0 0 549130 1013005 THE MITRAL FOUNDATION IS A SUPPORTING ORGANIZATION WITH THE PURPOSE TO SUPPORT THE MITRAL VALVE REPAIR REFERENCE CENTER AT THE MOUNT SINAI HOSPITAL. false false 65432 65432 0 Mitral Foundation is dedicated to advancing the understanding of mitral valve disease and support the Mitral Valve Repair Reference Center. 65432 true true false false false false false false false false false false true false false false true false false false false false false false false false true false true false false false false false false false false false false false false false true true true true false true 0 0 true 0 false false false false false false false false false false false X 9 3 false false false false false false false true true false false true true true true true true false false false NY X STEPHEN HARVEY 2127313413 ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 X David Adams MD 12 1.0 X 0 2757365 34760 Dennis Charney 12 1.0 X 0 1196729 38755 Valentin Fuster MD 1 1.0 X 0 934269 41613 Wayne Keathley 1 1.0 X 0 1198864 47510 Stephen Harvey 1 1.0 X 0 670062 67326 Mark Kostegan fahp 1 1.0 X 0 793180 40572 Jurgen Friedrich 1.0 X 0 0 0 Stanley Schlesinger Esq 1.0 X 0 0 0 Frederick Cummings Esq 1.0 X 0 0 0 0 7550469 270536 0 false true false 0 528959 528959 0 473 473 0 0 0 0 0 0 0 529432 473 65432 65432 0 0 0 0 0 0 0 0 0 0 0 125 125 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 65557 65432 0 0 549130 1013005 549130 1013005 0 0 X 549130 1013005 549130 1013005 549130 1013005 X 463875 X false true true X false X X X X false false false MOUNT SINAI SCHOOL OF MEDICINE 136171197 02 true 65432 MOUNT SINAI HOSPITAL 131624096 03 true 0 2 65432 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE FROM MSSM 1013005 1013005 529432 65557 463875 463875 529432 529432 529432 65557 65557 65557 true MOUNT SINAI SCHOOL OF MEDICINE ONE GUSTAVE L LEVY PL NEW YORK NY 10029 136171197 501(C)(3) 65432 FMV FUNDING CAPITAL PROJECTS 1 0 Part I, Line 2 Grant is made to a related tax exempt organization and monitoring is not required because funds are used to further exempt purpose. false false false false false false false false false David Adams MD 12 0 209008 0 500000 0 2048357 0 20901 0 13859 0 2792125 0 0 Dennis Charney 12 0 600000 0 279000 0 317729 0 24500 0 14255 0 1235484 0 0 Valentin Fuster MD 1 0 212097 0 150000 0 572172 0 21210 0 20403 0 975882 0 0 Wayne Keathley 1 0 694000 0 400000 0 104864 0 24500 0 23010 0 1246374 0 0 Stephen Harvey 1 0 456000 0 162750 0 51312 0 24500 0 42826 0 737388 0 0 Mark Kostegan fahp 1 0 500000 0 175000 0 118180 0 24500 0 16072 0 833752 0 0 Part VII, Section A & Schedule J Compensation Footnotes (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. Supplemental Information Part I, Line 5 NUMBER OF EMPLOYEES MOUNT SINAI HOSPITAL OPERATES ALL PAYROLLS FOR RELATED ENTITIES AND ALL SALARIES ARE ALLOCATED BACK TO THE SEPARATE ENTITIES AND REPORTED AS IF PAID DIRECTLY BY THEM. THE HOSPITAL, MOUNT SINAI SCHOOL OF MEDICINE, ELMHURST HOSPITAL CENTER AND QUEENS HOSPITAL CENTER UTILIZE A COMMON PAYMASTER UNDER THE HOSPITAL'S TAX IDENTIFICATION NUMBER, WHICH ON A COMBINED BASIS COVERS 20,541 INDIVIDUALS. MITRAL FOUNDATION DOES NOT HAVE ANY EMPLOYEES AND RECEIVES SERVICES FROM EMPLOYEES OF MOUNT SINAI SCHOOL of MEDICINE AND the MOUNT SINAI HOSPITAL. PART VI, SECTION B, LINE 11B FORM 990 PROVIDED TO GOVERNING BODY THE FINANCE DEPARTMENT OF MOUNT SINAI GATHERED THE RELEVANT INFORMATION AND PREPARED THE TAX RETURNS WITH GREAT CARE. *OUR OUTSIDE AUDITORS, ERNST & YOUNG, PARTICIPATED IN THE PREPARATION OF, AND HAS REVIEWED, ALL TAX RETURNS. *A QUESTIONNAIRE WAS CIRCULATED TO ALL TRUSTEES IN ORDER TO ELICIT THE TRUSTEE INFORMATION REQUIRED TO BE REPORTED ON THE TAX RETURNS. *the finance department, the general counsel's OFFICE, THE COMPLIANCE DEPARTMENT AND E&Y REVIEWED THE RESPONSES PROVIDED BY TRUSTEES IN THE QUESTIONNAIRES AND ASSESSED ADDITIONAL PERTINENT FACTS GATHERED BY THE INSTITUTION IN ORDER TO EVALUATE THE APPLICABILITY OF IRS REPORTING REQUIREMENTS. THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, AND THE COMPLIANCE DEPARTMENT THEn recommended the APPROPRIATE TRUSTEE DISCLOSURES THAT SHOULD BE MADE ON FORM 990. THESE RECOMMENDATIONS WERE REVIEWED AND APPROVED BY E&Y. *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 COMMITTEE APPROVED THE TAX RETURNS AS PRESENTED. *THE AUDIT AND COMPLIANCE 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, 2011, BE PROVIDED TO ALL TRUSTEES VIA THE TRUSTEES' CONFIDENTIAL WEBSITE, AND THOSE RETURNS WERE SO PROVIDED BEFORE BEING FILED. PART VI, SECTION B, LINE 12C MONITORING & ENFORCING COMPLIANCE WITH THE POLICY COMPLIANCE WITH THE ORGANIZATION'S BUSINESS CONFLICTS OF INTEREST POLICY (THE "POLICY") IS REQUIRED OF TRUSTEES, EMPLOYEES, MEDICAL STAFF AND NON-EMPLOYEE MEMBERS OF INSTITUTIONAL COMMITTEES AND INCLUDES AN ONGOING DUTY TO DISCLOSE POTENTIAL CONFLICTS. COMPLIANCE WITH THE POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ALL DISCLOSURES WITH THE POTENTIAL FOR CONFLICT ARE REVIEWED BY AN APPROPRIATE COMMITTEE WHERE THEY ARE CAREFULLY EVALUATED. WHEN APPROPRIATE, A PLAN, WHICH MAY INVOLVE MEASURES INCLUDING, BUT NOT LIMITED TO, RECUSAL FROM PARTICIPATING IN AFFECTED TRANSACTIONS, IS DEVELOPED TO MANAGE THE POTENTIAL CONFLICT. PART VI, SECTION B, QUESTIONS 12-14 THE BOARDS OF MSMC, MSSM AND MSH HAVE ADOPTED ALL POLICIES REFERRED TO IN FORM 990, PART VI, SECTION B QUESTIONS 12 TO 14, WHICH COVER ALL OWNED/CONTROLLED ENTITIES, INCLUDING THE MITRAL FOUNDATION. PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC THE ORGANIZATION MAKES IT'S business CONFLICTs OF INTEREST POLICY AVAILABLE ON ITS WEBSITE (WWW.MOUNTSINAI.ORG) AND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Part VII, SEction A Devoted Hours to Related Organization *Dennis S. Charney, MD - 1 hour with MSMC, 55 hours with MSSM, *Wayne Keathley - 1 hour with MSMC, 55 hours with MSH *Stephen Harvey, 1 hour with MSMC, 55 hours with MSSM, 1 hour with MSMC Realty Corp., 1 hour with MSMC Residential Realty *Mark Kostegan, FAHP - 1 hours with MSMC, 16.5 hours with MSH, 38.5 hours with MSSM *David Adams, MD - 55 Hours with MSSM Mount Sinai School of Medicine One Gustave L Levy Place new york NY 10029 136171197 school NY 501(C)(3) 2 na the Mount sinai hospital one gustave l levy place new york NY 10029 131624096 hospital NY 501(C)(3) 3 na THE MOUNT SINAI CHILDREN'S CENTER FND one gustave l levy place NEW YORK NY 10029 223059294 SUPPORT NY 501(c)(3) 11 TYPE 1 mssm MOUNT SINAI MEDICAL CENTER one gustave l levy place NEW YORK NY 10029 136271888 SUPPORT NY 501(c)(3) 11 TYPE 1 NA MSMC REALTY CORPORATION one gustave l levy place NEW YORK NY 10029 133852596 REAL ESTATE NY 501(c)(3) 11 TYPE 1 SEE PART VII MSMC RESIDENTIAL REALTY LLC 1425 MADISON AVENUE NEW YORK NY 10029 200244426 REAL ESTATE NM 501(c)(3) 11 TYPE 1 SEE PART VII MOUNT SINAI DIAGNOSTIC & TREATMENT CTR one gustave l levy place NEW YORK NY 10029 450537391 DIAG CLINIC NY 501(c)(3) 3 msh MSMC RESIDENTIAL REALTY MGMT 1425 MADISON AVENUE NEW YORK NY 10029 201289396 MANAGEMENT NY 501(c)(3) 11 TYPE 1 SEE PART VII false true false false false false false false false false false false false true false false false false Mount Sinai School of Medicine b 65432 PART II, LINE 5, COLUMN F DIRECT CONTROLLING ENTITY THE MOUNT SINAI SCHOOL OF MEDICINE, THE MOUNT SINAI HOSPITAL, AND THE MOUNT SINAI MEDICAL CENTER ARE 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 CORPORATION, AND THE MSMC RESIDENTIAL REALTY MANAGER LLC 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, AND THE MSMC REALTY CORPORATION ARE ALL MEMBERS OF THIS ENTITY.