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

View the entire original 990 at ProPublica ↗

Organization
MOUNT SINAI MEDICAL CENTER FOUNDATION INC (EIN 59-1711400)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-11-15
IRS object ID
201223209349302497
Schema version
2011v1.2
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)
Timestamp2012-11-15T11:50:56-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN861065772EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1DELOITTE TAX LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1201 E KENNEDY BLVD STE 1200AddressLine1
CityTAMPACity
StateFLState
ZIP Code33602ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN591711400EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MOUNT SINAI MEDICAL CENTER FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMOUNNameControl
Phone3056742777Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line14300 ALTON ROADAddressLine1
CityMIAMI BEACHCity
StateFLState
ZIP Code33140ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameALEXANDER MENDEZName
TitleCEOTitle
Phone3056742777Phone
Date Signed2012-11-14DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSTEVEN ROVNERName
PTINP00648526PTIN
Phone8132738355Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonSTEVEN D SONENREICHNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line14300 ALTON ROADAddressLine1
CityMIAMI BEACHCity
StateFLState
ZIP Code33140ZIPCode
FieldValueIRS element (for citing)
Gross Receipts33164428GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteMSMCFOUNDATION.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1976YearFormation
State Legal DomicileFLStateLegalDomicile
Activity Or Mission DescriptionTO RAISE FUNDS TO SUPPORT MOUNT SINAI MEDICAL CENTER OF FLORIDA, INC., A NOT-FOR-PROFIT ACUTE CARE TEACHING AND RESEARCH FACILITY.ActivityOrMissionDescription
Nbr Voting Members Governing Body79NbrVotingMembersGoverningBody
Nbr Independent Voting Members73NbrIndependentVotingMembers
Total Nbr Employees17TotalNbrEmployees
Total Nbr Volunteers1TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year13342938ContributionsGrantsPriorYear
Contributions Grants Current Year13391862ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year2358697InvestmentIncomePriorYear
Investment Income Current Year632144InvestmentIncomeCurrentYear
Other Revenue Prior Year-185155OtherRevenuePriorYear
Other Revenue Current Year-172449OtherRevenueCurrentYear
Total Revenue Prior Year15516480TotalRevenuePriorYear
Total Revenue Current Year13851557TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year11900835GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY3147343GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year1661010SalariesEtcPriorYear
Salaries Etc Current Year1655910SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year553981TotalFundrsngExpCurrentYear
Other Expense Prior Year3359594OtherExpensePriorYear
Other Expenses Current Year3323407OtherExpensesCurrentYear
Total Expenses Prior Year16921439TotalExpensesPriorYear
Total Expenses Current Year8126660TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-1404959RevenuesLessExpensesPriorYear
Revenues Less Expenses CY5724897RevenuesLessExpensesCY
Total Assets BOY88490285TotalAssetsBOY
Total Assets EOY92799895TotalAssetsEOY
Total Liabilities BOY769082TotalLiabilitiesBOY
Total Liabilities EOY656103TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY87721203NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY92143792NetAssetsOrFundBalancesEOY
Mission DescriptionTO RAISE FUNDS TO SUPPORT MOUNT SINAI MEDICAL CENTER OF FLORIDA, INC., A NOT-FOR-PROFIT ACUTE CARE TEACHING AND RESEARCH FACILITY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense6519666Expense
Revenue13391862Revenue
DescriptionTHE FOUNDATION RAISES FUNDS FOR MOUNT SINAI MEDICAL CENTER, A 501(C)(3) ORGANIZATION, FOR CAPITAL AND NON-CAPITAL PURPOSES.Description
Total Program Service Expense6519666TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member1BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10969NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees17NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Excess Business Holdings0ExcessBusinessHoldings
Taxable Distributions0TaxableDistributions
Distribution To Donor0DistributionToDonor
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members79NbrVotingGoverningBodyMembers
Number Independent Voting Members73NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1CAMILLE LEWISBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3056742030TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line14300 ALTON ROADAddressLine1
CityMIAMI BEACHCity
StateFLState
ZIP Code33140ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIXInfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (81 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
JAYNE ABESS
DIRECTOR0.50X000
MATTHEW ADLER
DIRECTOR0.50X000
MICHAEL M ADLER
DIRECTOR0.50X000
RONALD ALBERT JR
DIRECTOR0.50X000
MATAN BEN-AVIV
DIRECTOR0.50X000
JONATHAN BELOFF
VICE PRESIDENT/DIRECTOR0.50X000X
DONNA K BLOOM
DIRECTOR0.50X000
STEPHEN BOUCHER
DIRECTOR0.50X000
JC CAREY
DIRECTOR0.50X000
PAUL B CHAPLIN MD
DIRECTOR2.00X000
WAYNE E CHAPLIN
DIRECTOR0.50X000
SONYA CHOEFF
DIRECTOR0.50X000
CHARLES CITRIN
DIRECTOR0.50X000
STANLEY COHEN
TREASURER/DIRECTOR0.50X000X
STEVE COHEN
DIRECTOR0.50X000
CEDRIK DENAIN
DIRECTOR0.50X000
NORMAN S EDELCUP
SECRETARY/DIRECTOR0.50X000X
ROBERT FINVARB
DIRECTOR0.50X000
RANDI FREEDMAN
DIRECTOR0.50X000
JONATHAN FRYD
DIRECTOR0.50X000
MARTIN J GELB
DIRECTOR0.50X000
GARY R GERSON
DIRECTOR0.50X000
DALIA GLOTTMANN
DIRECTOR0.50X000
PETER S GOLD
DIRECTOR0.50X000
BARTON S GOLDBERG
DIRECTOR0.50X000
MICHAEL S GOLDBERG
DIRECTOR0.50X000
BARRY L GOLDIN
DIRECTOR0.50X000
JERROLD GOODMAN
DIRECTOR0.50X000
MARK H HILDEBRANDT
PRESIDENT/DIRECTOR1.00X000X
ANDREW R HIRSCHL DDS
VICE PRESIDENT/DIRECTOR0.50X000X
SHEILA HOLLO
DIRECTOR0.50X000
JUDITH HYDE
DIRECTOR0.50X000
RONI JACOBSON
DIRECTOR0.50X000
ALAN S KAPLAN DMD
DIRECTOR0.50X000
JON KIDD
DIRECTOR0.50X000
ELLIOT KRASNOW
DIRECTOR0.50X000
RICHARD L KRELSTEIN
DIRECTOR0.50X000
IRA B LAMPERT
DIRECTOR0.50X000
MATTHEW LAZENBY
DIRECTOR0.50X000
LINDA LEHRMAN
DIRECTOR0.50X000
ALAN A LIPS
DIRECTOR0.50X000
DAVE LORENZO
DIRECTOR0.50X000
MICHAEL LOVE
DIRECTOR0.50X000
JACQUELINE J MANSFIELD
DIRECTOR0.50X000
ISABEL MAY
DIRECTOR0.50X000
LAURANS A MENDELSON
DIRECTOR0.50X000
LISA MILLER EISENBERG
DIRECTOR0.50X000
MICHAEL MILBERG
EXECUTIVE DIRECTOR40.00X343316047728X
WILLIAM E MULTACK
DIRECTOR0.50X000
JEFFREY E NEWMAN
DIRECTOR0.50X000
LYNNE NORKIN
DIRECTOR0.50X000
BRUCE OROSZ
DIRECTOR0.50X000
JAY PARKER
VICE PRESIDENT/DIRECTOR0.50X000X
SIDNEY PERTNOY
DIRECTOR0.50X000
ALAN G RANDOLPH
DIRECTOR0.50X000
CAROLEE REIBER
DIRECTOR0.50X000
MARK J REVITZ
VICE PRESIDENT/DIRECTOR0.50X000X
STEPHEN L RIEMER
DIRECTOR0.50X000
FRED M ROSENBLOOM MD
DIRECTOR0.50X000
MARK E ROUSSO
DIRECTOR0.50X000
MELISSA RUBIN
DIRECTOR0.50X000
CANDACE RUSKIN
DIRECTOR0.50X000
MERCEDES SAEWITZ
DIRECTOR0.50X000
CAROLE R SAMET
DIRECTOR0.50X000
HARRY SENDZISCHEW MD
DIRECTOR0.50X0206100
MICHAEL SHAFIR
DIRECTOR0.50X000
RONALD W SHANE MD
DIRECTOR0.50X000
MICHAEL A SILVER
DIRECTOR0.50X000
STEVEN D SONENREICH
DIRECTOR0.50X01094146311798
LESTA S STACOM
DIRECTOR0.50X000
JASON STARKMAN
DIRECTOR0.50X000
MORTON STEELE
DIRECTOR0.50X000
SENATOR PAUL B STEINBERG
DIRECTOR0.50X000
ROBERT A STONE
DIRECTOR0.50X000
DAVID SUGARMAN
DIRECTOR0.50X000
ARTHUR S UNGER
DIRECTOR0.50X000
JOSHUA WALLACK
DIRECTOR0.50X000
MICHAEL S WEINBERG
DIRECTOR0.50X000
LEONARD A WIEN JR
DIRECTOR0.50X000
LINDA ZILBER
VICE PRESIDENT/DIRECTOR0.50X000X
BATIA SEPIN
VIP SERVICES40.00140117046775X
FieldValueIRS element (for citing)
Total Reportable Comp From Org483433TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs1114756TotalReportableCompFrmRltdOrgs
Total Other Compensation406301TotalOtherCompensation
Number Individuals GT100 K2NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
FOUNTAINEBLEAU FLORIDA HOTEL LLC
4441 COLLINS AVENUEMIAMI BEACHFL33140EVENT HOSTING120516
BLACKBAUD
2000 DANIEL ISLAND DRIVECHARLESTONSC294927541FUNDRAISING DATABASE MGMT118522
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K
All Other Contributions13391862AllOtherContributions
Noncash Contributions65193NoncashContributions
Total Contributions13391862TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column911920TotalRevenueColumn
Exclusion$911,920ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities18696941Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities18976717Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities-279776Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-279776TotalRevenueColumn
Exclusion-$279,776ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events163705GrossIncomeFundraisingEvents
Fundraising Direct Expenses336154FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-172449TotalRevenueColumn
Exclusion-$172,449ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column13851557TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$459,695ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total3087343Total
Program Services3087343ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total60000Total
Program Services60000ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total483433Total
Program Services63170ProgramServices
Management And General420263ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total917445Total
Program Services584736ProgramServices
Fundraising332709Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total255032Total
Program Services112107ProgramServices
Management And General88201ManagementAndGeneral
Fundraising54724Fundraising

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total-15242Total
Management And General-15242ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total35100Total
Management And General35100ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total42980Total
Program Services15580ProgramServices
Management And General21490ManagementAndGeneral
Fundraising5910Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total72107Total
Program Services26139ProgramServices
Management And General36053ManagementAndGeneral
Fundraising9915Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total146711Total
Management And General146711ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
BAD DEBT EXPENSE23166282316628
FOOD & ENTERTAINMENT29406613459810929650172
CONSULTING AGREEMENTS27871410103413935738323
DECORATIONS5612856128

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total96215Total
Program Services18331ProgramServices
Management And General71784ManagementAndGeneral
Fundraising6100Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total8126660Total
Program Services6519666ProgramServices
Management And General1053013ManagementAndGeneral
Fundraising553981Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY4683853BOY
EOY5711817EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY29377748BOY
EOY28577663EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY13315023BOY
EOY18764329EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY111045BOY
EOY14453EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY40787125BOY
EOY39503387EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY31206BOY
EOY31206EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY184285BOY
EOY197040EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY88490285BOY
EOY92799895EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY769082BOY
EOY656103EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY769082BOY
EOY656103EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY6194423BOY
EOY7705012EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY75856562BOY
EOY78768562EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY5670218BOY
EOY5670218EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY87721203BOY
EOY92143792EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY88490285BOY
EOY92799895EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses5724897ReconcilationRevenueExpenses
Reconcilation Other Changes-1302308ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years17712714CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years18816374CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years15569724CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year15535269CurrentTaxYearMinus1Year
Current Tax Year20564329CurrentTaxYear
Total88198410Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years17712714CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years18816374CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years15569724CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year15535269CurrentTaxYearMinus1Year
Current Tax Year20564329CurrentTaxYear
Total88198410Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total14964630AmountsSubstContributorsTotal
Public Support Total17073233780PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years2994777CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1186686CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1365416CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1042858CurrentTaxYearMinus1Year
Current Tax Year911920CurrentTaxYear
Total7501657Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years220545CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years314628CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years139565CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year216180CurrentTaxYearMinus1Year
Current Tax Year163705CurrentTaxYear
Total1054623Total
FieldValueIRS element (for citing)
Total Support96754690TotalSupport
Public Support Pertcentage1700.75690PublicSupportPertcentage170
Public Support Pertcent Prior Year0.85010PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170
General ExplanationSCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: FUNDRAISING REVENUESGeneralExplanation

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance34821000BeginningOfYearBalance
Contributions588000Contributions
Investment Earnings Or Losses484000InvestmentEarningsOrLosses
Other Expenditures3914000OtherExpenditures
Administrative Expenses587000AdministrativeExpenses
End Of Year Balance31392000EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance33102000BeginningOfYearBalance
Contributions4128000Contributions
Investment Earnings Or Losses500000InvestmentEarningsOrLosses
Other Expenditures1326000OtherExpenditures
Administrative Expenses1583000AdministrativeExpenses
End Of Year Balance34821000EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance29939000BeginningOfYearBalance
Contributions4076000Contributions
Investment Earnings Or Losses571000InvestmentEarningsOrLosses
Other Expenditures893000OtherExpenditures
Administrative Expenses591000AdministrativeExpenses
End Of Year Balance33102000EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

FieldValueIRS element (for citing)
Beginning Of Year Balance33324000BeginningOfYearBalance
Contributions281000Contributions
Investment Earnings Or Losses563000InvestmentEarningsOrLosses
Other Expenditures3693000OtherExpenditures
Administrative Expenses536000AdministrativeExpenses
End Of Year Balance29939000EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.00000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.18060PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.81940TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings
Total Revenue13851557TotalRevenue
Total Expenses8126660TotalExpenses
Excess Or Deficit For Year5724897ExcessOrDeficitForYear
Net Unrealized GL On Investments-1302308NetUnrealizedGLOnInvestments
Total Adjustments-1302308TotalAdjustments
Excess Or Deficit Per FS4422589ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt12885403TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-1302308NetUnrealizedGainsInvestments
Revenue Not Rptd F990-1302308RevenueNotRptdF990
Revenue Subtotal14187711RevenueSubtotal
Other Revenues Not Included-336154OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt-336154RevenueNotRptdOnFinStmt
Total Revenue Per Form99013851557TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt8462814TotExpensesEtcAuditedFinclStmt
Other Expenses Included336154OtherExpensesIncluded
Expenses Not Rptd F990336154ExpensesNotRptdF990
Expenses Subtotal8126660ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form9908126660TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:PART V, LINE 4:PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 50 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT CONSISTS OF DONOR-RESTRICTED FUNDS THAT HAVE BEEN LIMITED BY DONORS TO SPECIFIC TIME PERIOD OR PURPOSE. AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE ENDOWMENT NET ASSET COMPOSITION BY FUND TYPE AS OF DECEMBER 31, 2011, IS COMPRISED OF THE FOLLOWING: TEMPORARILY RESTRICTED PERMANENTLY RESTRICTED ALZHEIMER'S PROGRAM 4,892,000 0 MELANOMA RESEARCH 4,286,000 0 CANCER LIFELINE 1,535,000 0 CANCER RESEARCH 2,393,000 0 OTHER PROGRAMS 12,616,000 5,670,000 ------------ ----------- TOTAL FUNDS 25,722,000 5,670,000
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X:PART X, LINE 2: THE FOOTNOTE TO THE AUDITED FINANCIAL STATEMENTS FOR MOUNT SINAI MEDICAL CENTER OF FLORIDA, INC. AND SUBSIDIARIES REGARDING FIN48 READS AS FOLLOWS: THE MEDICAL CENTER FOLLOWS THE PROVISIONS OF ASC 740-15-2, ASC 740 INCOME TAXES, AND HAS DETERMINED THAT AS OF DECEMBER 31 2011 AND 2010, THE MEDICAL CENTER HAD NO MATERIAL UNRECOGNIZED TAX BENEFITS. THE MEDICAL CENTER DOES NOT EXPECT THAT UNRECOGNIZED TAX BENEFITS WILL MATERIALLY INCREASE WITHIN THE NEXT TWELVE MONTHS. IN THE EVENT THE MEDICAL CENTER WERE TO RECOGNIZE INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IT WOULD BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS AS INCOME TAX EXPENSE. TAX YEARS FROM 2007 THROUGH 2010 ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES, RESPECTIVELY. THERE ARE NO INCOME TAX EXAMINATIONS CURRENTLY IN PROCESS.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SPECIAL EVENTS EXPENSE -336,154.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:SPECIAL EVENTS EXPENSE 336,154.

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1FOUNDERS BALLNameOfEvent1
Gross Receipts Event1158080GrossReceiptsEvent1
Gross Revenue Event1158080GrossRevenueEvent1
Food And Beverage Event1183132FoodAndBeverageEvent1
Entertainment Event148000EntertainmentEvent1
Other Direct Expenses Event177400OtherDirectExpensesEvent1
Name Of Event2NETWORKERSNameOfEvent2
Gross Receipts Event22555GrossReceiptsEvent2
Gross Revenue Event22555GrossRevenueEvent2
Food And Beverage Event23689FoodAndBeverageEvent2
Total Number Of Other Events2TotalNumberOfOtherEvents
Gross Receipts Other Events3070GrossReceiptsOtherEvents
Gross Revenue Other Events3070GrossRevenueOtherEvents
Food And Beverage Other Events15293FoodAndBeverageOtherEvents
Entertainment Other Events5723EntertainmentOtherEvents
Other Direct Expenses Other Events2917OtherDirectExpensesOtherEvents
Gross Receipts Total163705GrossReceiptsTotal
Gross Revenue Total Events163705GrossRevenueTotalEvents
Food And Beverage Total Events202114FoodAndBeverageTotalEvents
Entertainment Total Events53723EntertainmentTotalEvents
Other Direct Expenses Total Events80317OtherDirectExpensesTotalEvents
Direct Expense Summary Events336154DirectExpenseSummaryEvents
Net Income Summary-172449NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1MOUNT SINAI MEDICAL CENTERBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line14300 ALTON ROADAddressLine1
CityMIAMI BEACHCity
StateFLState
ZIP Code33140ZIPCode
FieldValueIRS element (for citing)
EIN Of Recipient590624424EINOfRecipient
IRC Section501(C)(3)IRCSection
Amount Of Cash Grant3087343AmountOfCashGrant
Method Of ValuationFAIR MARKET VALUEMethodOfValuation
Description Of Non Cash AssistanceN/ADescriptionOfNonCashAssistance
Purpose Of GrantGENERAL SUPPORTPurposeOfGrant
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants1TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPS FOR STUDENTS ATTENDING SCHOOLTypeOfGrant
Number Of Recipients30NumberOfRecipients
Amount Of Cash Grant60000AmountOfCashGrant
Method Of ValuationFAIR MARKET VALUEMethodOfValuation
Description Of Non Cash AssistanceN/ADescriptionOfNonCashAssistance

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: MOUNT SINAI MEDICAL CENTER OR FLORIDA FOUNDATION TRANSFERS A PORTION OF THE CONTRIBUTIONS RECEIVED FROM THE YOUNG PRESIDENTS CLUB TO MSMC OF FLORIDA FOR PROGRAM SERVICES AND TO SPECIFIC INDIVIDUALS IN THE FORM OF SCHOLARSHIPS TO PROVIDE FINANCIAL ASSISTANCE TO THE CHILDREN OF MSMC EMPLOYEES. THE YOUNG PRESIDENTS CLUB BOARD ELECTS EACH YEAR TO DONATE THE FUNDS AND SEE TO IT THAT ALL TRANSFERS ARE USED FOR PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM THE INTENDED USE.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan1SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (3 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
MICHAEL MILBERG
25673308497501608045850018780391044000
STEVEN D SONENREICH
0671639039267902982802892140225840140594400
BATIA SEPIN
1362460003871040805059700186892000

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

Return ReferenceReturnReferenceExplanationExplanation
PART I, LINE 3PART I, LINE 3: THE ORGANIZATION RELIED ON THE METHODS OF ESTABLISHING COMPENSATION FOR THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR EMPLOYED BY MOUNT SINAI MEDICAL CENTER OF FLORIDA, INC. (EIN: 59-0624424). MOUNT SINAI MEDICAL CENTER USES THE FOLLOWING METHODS TO ESTABLISH SUCH COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4BPART I, LINE 4B: STEVEN D. SONENREICH, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF MSMC AND MEMBER OF MSMC FOUNDATION BOARD OF DIRECTORS, PARTICIPATES IN AN IRC SEC 457(F) PLAN. THE PAYMENT IN 2011 WAS $ 243,364.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

FieldValueIRS element (for citing)
Name PersonDR STEPHEN UNGERNamePerson
FieldValueIRS element (for citing)
RelationshipSEE PART VRelationship
Amount Of Transaction63829AmountOfTransaction
Description Of TransactionCOMPENSATIONDescriptionOfTransaction
Sharing Of Revenues0SharingOfRevenues

Form990 Schedule L Part V Form990ScheduleLPartV

FieldValueIRS element (for citing)
IdentifierPART IV, COLUMN BIdentifier
Return ReferenceRELATIONSHIP BETWEEN INTERESTED PERSON AND THE ORGANIZATIONReturnReference
ExplanationDR. STEPHEN UNGER: FAMILY MEMBER OF ARTHUR UNGER, A DIRECTOR OF MSMC FOUNDATION.Explanation

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F99015193NoncashContribsRptdF990
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenues

Food Inventory FoodInventory

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F99050000NoncashContribsRptdF990
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts1ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 2TRUSTEES MICHAEL ADLER AND MATTHEW ADLER HAVE A FAMILY RELATIONSHIP. TRUSTEES WAYNE CHAPLIN AND PAUL CHAPLIN HAVE A BUSINESS RELATIONSHIP. TRUSTEES PAUL CHAPLIN AND WAYNE CHAPLIN HAVE A BUSINESS RELATIONSHIP. TRUSTEES WAYNE CHAPLIN, PAUL CHAPLIN, AND SHEILA HOLLO HAVE A FAMILY RELATIONSHIP. TRUSTEES MARTIN GELB AND SONIA CHOEFF HAVE A FAMILY RELATIONSHIP. TRUSTEES MARK H. HILDEBRANDT AND LAURANS A. MENDELSON HAVE A BUSINESS RELATIONSHIP. TRUSTEES CANDACE RUSKIN AND WILLIAM MULTACK HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11THE PROCESS FOR REVIEW OF THE FORM 990 BY MEMBERS OF THE GOVERNING BODY AND MANAGEMENT IS AS FOLLOWS: THE MEMBERS OF THE GOVERNING BODY, MANAGEMENT, AND THE INDEPENDENT TAX CONSULTANTS HAVE MET AND REVIEWED IN DETAIL THE COMPLETED FORM 990. THE FOLLOWING MEMBERS OF THE GOVERNING BODY PERFORMED THE REVIEW ALONG WITH EXECUTIVE MANAGEMENT COMPOSED OF THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER, AND INDEPENDENT TAX CONSULTANTS: CHAIRMAN OF THE BOARD VICE-CHAIRMAN OF THE BOARD CHAIRMAN, FINANCE COMMITTEE CHAIRMAN, COMPLIANCE COMMITTEE CHAIRMAN, INVESTMENT COMMITTEE PRESIDENT, FOUNDATION CHAIRMAN, AUDIT COMMITTEE
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY: MOUNT SINAI MEDICAL CENTER FOUNDATION, INC. (THE "MEDICAL CENTER") FORMALLY IMPLEMENTED A WRITTEN CONFLICT OF INTEREST POLICY (THE "POLICY") ON MARCH 2006 TO PROTECT THE MEDICAL CENTER AND ENSURE THAT THE DELIBERATIONS AND DECISIONS MADE ON BEHALF OF THE MEDICAL CENTER ARE MADE IN THE BEST INTEREST OF THE MEDICAL CENTER. THE TERM "CONFLICT OF INTEREST" AS DEFINED BY THIS POLICY REFERS TO SITUATIONS IN WHICH FINANCIAL OR OTHER PERSONAL CONSIDERATIONS MAY COMPROMISE, OR HAVE THE APPEARANCE OF COMPROMISING, THE JUDGMENT OF SOMEONE CHARGED WITH THE RESPONSIBILITY TO ACT ON BEHALF OF THE MEDICAL CENTER. THIS POLICY IS REVIEWED PERIODICALLY BUT NOT LESS THAN ONCE A YEAR BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES TO BETTER MEET ITS OBJECTIVES. IT IS INTENDED TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE LAWS GOVERNING CONFLICTS OF INTEREST IN NONPROFIT AND CHARITABLE ORGANIZATIONS. PERSONS COVERED UNDER THIS POLICY INCLUDE: (1) ANY CURRENT OR FORMER TRUSTEE, OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS FOR THE MEDICAL CENTER; (2) MEMBERS OF MANAGEMENT AND ANY EMPLOYEE OF THE MEDICAL CENTER WHO: A) RECEIVES COMPENSATION FROM THE MEDICAL CENTER IN EXCESS OF $150,000 ANNUALLY, WHETHER AS A FULL- OR PART-TIME EMPLOYEE, INDEPENDENT CONTRACTOR, OR OTHERWISE, AND, B) HAS RESPONSIBILITIES, POWER OF INFLUENCE OVER AN ACTIVITY OF THE MEDICAL CENTER SIMILAR TO THAT OF AN OFFICER OR TRUSTEE AND WHICH REPRESENTS MORE THAN 10% OF THE ACTIVITIES, ASSETS, INCOME OR EXPENSES OF THE MEDICAL CENTER, AND C) IS ONE OF THE TWENTY EMPLOYEES WITH THE HIGHEST COMPENSATION FROM THE MEDICAL CENTER. (3) ANY PERSON(S) WHO SERVE AS A MEMBER OF THE MEDICAL CENTER'S MEDICAL STAFF AS A CHAIRPERSON OF A DEPARTMENT, CHIEF OF A CLINICAL SERVICE, OR MEMBER OF THE MEDICAL EXECUTIVE COMMITTEE. MONITORING AND COMPLIANCE: AN IMPORTANT STEP IN MONITORING AND ENFORCING COMPLIANCE WITH A CONFLICT OF INTEREST POLICY INCLUDES MANAGEMENT'S EDUCATION EFFORTS TO MAKE INTERESTED PERSONS AWARE OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. TO THAT END, MANAGEMENT HAS INCLUDED IN ITS CODE OF CONDUCT (THE "CODE") A SECTION ON CONFLICTS OF INTEREST WHICH HAS TO BE SIGNED AND RETURNED BY EVERY INTERESTED PERSON TO ACKNOWLEDGE AND ATTEST THAT THEY READ THE CODE INCLUDING THE CONFLICT OF INTEREST SECTION. ANNUALLY, INTEREST PERSONS ALSO RECEIVE A REFRESHER TRAINING SESSION ON ETHICS AND CONFLICTS OF INTEREST. IN ADDITION, THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS CREATED A SUBCOMMITTEE ON CONFLICTS OF INTEREST ("CONFLICTS COMMITTEE") TO ADMINISTER AND MONITOR COMPLIANCE WITH THIS POLICY. THE CONFLICTS COMMITTEE REQUIRES A STATEMENT FROM EACH INTERESTED PERSON NOT LESS FREQUENTLY THAN ONCE A YEAR SETTING FORTH ALL BUSINESS AND OTHER AFFILIATIONS THAT RELATE IN ANY WAY TO THE BUSINESS AND OTHER ACTIVITIES OF THE MEDICAL CENTER. INTERNAL AUDIT COMPILES AND SUMMARIZES ALL THE DISCLOSURES RECEIVED FROM INTERESTED PERSONS TO FACILITATE THEIR REVIEW BY THE CONFLICTS COMMITTEE. THE CONFLICTS COMMITTEE INDIVIDUALLY DISCUSSES EACH DISCLOSURE TO EVALUATE WHETHER A CONFLICT OF INTEREST EXISTS AND DETERMINES THE APPROPRIATE COURSE OF ACTION TO TAKE. NEITHER THE BOARD NOR ANY COMMITTEE OF THE BOARD SHALL VOTE UPON ANY PROPOSED TRANSACTION OR ARRANGEMENT IN CONNECTION WITH A POTENTIAL CONFLICT OF INTEREST UNTIL SUCH TIME AS THE CONFLICTS COMMITTEE HAS DETERMINED WHETHER A CONFLICT OF INTEREST EXISTS. WHERE THE CONFLICTS COMMITTEE HAS CONCLUDED THAT A CONFLICT OF INTEREST EXISTS, THE CHAIRMAN OF THE CONFLICTS COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTEREST PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO A PROPOSED TRANSACTION, CONTRACT, OR ARRANGEMENT. IF THE CONFLICTS COMMITTEE DETERMINES THAT THE MEDICAL CENTER CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THEN THE MEDICAL CENTER SHALL NOT ENTER INTO THE TRANSACTION THAT INVOLVES THE CONFLICT OF INTEREST. IF A TRANSACTION OR ARRANGEMENT MORE ADVANTAGEOUS IS NOT REASONABLY ATTAINABLE UNDER THE CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THEN THE BOARD OR COMMITTEE, AS APPLICABLE, SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE MEDICAL CENTER'S BEST INTEREST AND WHETHER IT IS FAIR AND REASONABLE TO THE MEDICAL CENTER, AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FAILURE BY AN INTEREST PERSON TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST UNDER THE CONFLICT OF INTEREST POLICY IS CONSIDERED A SERIOUS MATTER AND MAY CONSTITUTE "CAUSE" FOR REMOVAL OR TERMINATION OF A TRUSTEE, OFFICER, OR THE TERMINATION OF ANY CONTRACTUAL OR EMPLOYMENT RELATIONSHIP THE MEDICAL CENTER MAY HAVE WITH AN INTERESTED PERSON OR OTHER PARTY.
FORM 990, PART VI, SECTION B, LINE 15ON AN ANNUAL BASIS, THE MOUNT SINAI MEDICAL CENTER COMPENSATION COMMITTEE CONTRACTS WITH AN INDEPENDENT CONSULTANT TO PREPARE AN OPINION REGARDING THE REASONABLENESS AND COMPARABILITY OF THE TOTAL COMPENSATION PROVIDED TO ITS SENIOR OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE INFORMS THE INDEPENDENT CONSULTANT THAT THE INDEPENDENT CONSULTANT'S OPINION WILL BE PART OF THE COMMITTEE'S PROCEDURE FOR ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS DESCRIBED IN THE INCOME TAX REGULATIONS. THE INDEPENDENT CONSULTANT'S DETERMINATION OF REASONABLENESS IS MADE AFTER A THOROUGH REVIEW OF ALL THE ELEMENTS OF THE TOTAL COMPENSATION COMPRISED OF: CASH COMPENSATION, HEALTH AND WELFARE BENEFITS, RETIREMENT BENEFITS, EXECUTIVE BENEFITS AND PERQUISITES, AND OTHER ELEMENTS OF COMPENSATION INCLUDING SEVERANCE ARRANGEMENTS. THE OPINION EXPRESSED BY THE INDEPENDENT CONSULTANT IS THEN PRESENTED TO THE MSMC COMPENSATION COMMITTEE IN A REPORT FORM FOR THEIR REVIEW.
FORM 990, PART VI, SECTION C, LINE 19FORM 990, PART VI, SECTION C, LINE 19: POLICY FOR ANNUAL INFORMATION REQUEST: DOCUMENTS THAT ARE REQUIRED TO BE OPEN FOR PUBLIC INSPECTION ARE MADE AVAILABLE UPON REQUEST.
PART VII, SECTION A, LINE 1, COLUMN BTHE OFFICERS LISTED ON PART VII, SECTION A, LINE 1(A), COLUMN B DEVOTED THEIR TIME TO THE ORGANIZATION AND RELATED ORGANIZATION AS FOLLOWS: MT SINAI MT SINAI MT SINAI MT SINAI MED CTR MED CTR MED CTR MEDICAL OF FL OF FL INSURANCE OFFICE FDN TRUST BLDG, II MICHAEL ADLER 1.0 0.5 0.0 0.0 PAUL CHAPLIN MD 1.0 2.0 0.0 0.0 WAYNE CHAPLIN 1.0 0.5 0.0 0.0 STANLEY COHEN 1.0 0.5 0.0 0.0 MARK HILDEBRANDT 1.0 1.0 0.0 0.0 IRA LAMPERT 1.0 0.5 0.0 0.0 LAURANS MENDELSON 1.0 0.5 0.0 0.0 SIDNEY PERTNOY 1.0 0.5 0.0 0.0 MARK REVITZ 1.0 0.5 0.0 0.0 HARRY SENDZISCHEW 1.0 0.5 0.0 0.0 STEVEN D. SONENREICH 40.0 0.5 0.5 0.5 ROBERT STONE 1.0 0.5 0.0 0.0 LEONARD WIEN 1.0 0.5 0.0 0.0AVERAGE HOURS PER WEEK
FORM 990, PART XI, LINE 5:NET UNREALIZED LOSSES ON INVESTMENTS: -1,302,308.CHANGES IN NET ASSETS OR FUND BALANCES:

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNAControlled OrgControlledOrg
MOUNT SINAI MEDICAL CENTER OF FLORIDA
4300 ALTON ROADMIAMI BEACHFL33140590624424HOSPITALFL501(C)(3)3N/A0
MSMC INSURANCE TRUST
4300 ALTON ROADMIAMI BEACHFL33140591830065TRUSTFL501(C)(3)11 BN/A0
MSMC OFFICE BUILDING II
4300 ALTON ROADMIAMI BEACHFL33140205737392TITLE LEASEFL501(C)(2)N/AN/A0

Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateDirect Controlling Entity NADirectControllingEntityNAType Of EntityTypeOfEntityAddress Line1AddressForeign/AddressLine1CountryAddressForeign/CountryPostal CodeAddressForeign/PostalCodeLegal Domicile Foreign CountryLegalDomicileForeignCountry
RIGHT CHOICE MANAGEMENT SERVICES INC
4300 ALTON ROADMIAMI BEACHFL33140650728277MGMT SERVICESFLN/AC
MT SINAI MED CTR OF FL GUARANTEE CORP
INSURANCEN/ACPO BOX 1051CJKY1-1102CJ
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg