MOUNT SINAI MEDICAL CENTER FOUNDATION INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MOUNT SINAI MEDICAL CENTER FOUNDATION INC (EIN 59-1711400)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201143199349310454
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-15T17:57:16-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 E KENNEDY BLVD STE 1200 | AddressLine1 |
| City | TAMPA | City |
| State | FL | State |
| ZIP Code | 33602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591711400 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUNT SINAI MEDICAL CENTER FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MOUN | NameControl |
| Phone | 3056742777 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4300 ALTON ROAD | AddressLine1 |
| City | MIAMI BEACH | City |
| State | FL | State |
| ZIP Code | 33140 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALEXANDER MENDEZ | Name |
| Title | CEO | Title |
| Phone | 3056742777 | Phone |
| Date Signed | 2011-11-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN ROVNER | Name |
| Phone | 8132738355 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEVEN D SONENREICH | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4300 ALTON ROAD | AddressLine1 |
| City | MIAMI BEACH | City |
| State | FL | State |
| ZIP Code | 33140 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 54782533 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | MSMCFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1976 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | TO 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 Body | 82 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 77 | NbrIndependentVotingMembers |
| Total Nbr Employees | 17 | TotalNbrEmployees |
| Total Nbr Volunteers | 1 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 15569725 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 13342938 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -516570 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2358697 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -130785 | OtherRevenuePriorYear |
| Other Revenue Current Year | -185155 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14922370 | TotalRevenuePriorYear |
| Total Revenue Current Year | 15516480 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 11613039 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11900835 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1573521 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1661010 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 558610 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3793110 | OtherExpensePriorYear |
| Other Expenses Current Year | 3359594 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16979670 | TotalExpensesPriorYear |
| Total Expenses Current Year | 16921439 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2057300 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1404959 | RevenuesLessExpensesCY |
| Total Assets BOY | 89947523 | TotalAssetsBOY |
| Total Assets EOY | 88490285 | TotalAssetsEOY |
| Total Liabilities BOY | 686115 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 769082 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 89261408 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 87721203 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO 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 Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 15004996 | Expense |
| Revenue | 15516480 | Revenue |
| Description | THE FOUNDATION RAISES FUNDS FOR MOUNT SINAI MEDICAL CENTER, A 501(C)(3) ORGANIZATION, FOR CAPITAL AND NON-CAPITAL PURPOSES. | Description |
| Total Program Service Expense | 15004996 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 45 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 17 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 1 | NonDeductibleContributions |
| Non Deductible Disclosure | 1 | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 82 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 77 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMILLE LEWIS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3056742030 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4300 ALTON ROAD | AddressLine1 |
| City | MIAMI BEACH | City |
| State | FL | State |
| ZIP Code | 33140 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (83 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| JAYNE ABESS | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LEONARD ABESS | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MICHAEL M ADLER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| RONALD ALBERT JR | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JONATHAN BELOFF | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LAURIE BLACH MD | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| DONNA BLOOM | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| STEVEN BOUCHER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| PAUL B CHAPLIN MD | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| WAYNE CHAPLIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| SONYA GELB CHOEFF | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| CHARLES CITRIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| STANLEY COHEN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| STEVE COHEN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| CEDRIK DENAIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ETHEL BLUM DUBLIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| NORMAN EDELCUP | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ROBERT FINVARB | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| RANDI FREEDMAN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MARTIN J GELB | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| GARY R GERSON | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| DALIA GLOTTMANN | |||||||
| ASST. SECRETARY/DIRECTOR | 0.50 | X | 0 | 0 | 0 | X | |
| PETER GOLD | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| BARTON S GOLDBERG | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MICHAEL S GOLDBERG | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| BARRY GOLDIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JERROLD GOODMAN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MARK H HILDEBRANDT | |||||||
| PRESIDENT/DIRECTOR | 2.00 | X | 0 | 0 | 0 | X | |
| ANDREW R HIRSCHL DDS | |||||||
| VICE PRESIDENT/DIRECTOR | 0.50 | X | 0 | 0 | 0 | X | |
| SHEILA HOLLO | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| SANFORD B HORWITZ | |||||||
| SECRETARY/DIRECTOR | 0.50 | X | 0 | 0 | 0 | X | |
| JUDITH HYDE | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| RONI JACOBSON | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ALAN S KAPLAN DMD | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JON KIDD | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ELLIOT KRASNOW | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| R LEE KRELSTEIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| IRA B LAMPERT | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LINDA LEHRMAN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ALAN LIPS | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JASON LOEB | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| DAVE LORENZO | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MICHAEL LOVE | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JACQUELINE J MANSFIELD | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ISABEL MAY | |||||||
| VICE PRESIDENT/DIRECTOR | 0.50 | X | 0 | 0 | 0 | X | |
| LAURANS A MENDELSON | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LAUREN MERAN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MICHAEL MILBERG | |||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 331333 | 0 | 46711 | X | |
| WILLIAM MULTACK | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| SEYMOUR NASH | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JEFFREY E NEWMAN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LYNNE NORKIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| BRUCE OROSZ | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JAY PARKER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| SIDNEY PERTNOY | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ALAN RANDOLPH | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| CAROLEE REIBER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MARK J REVITZ | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| STEPHEN RIEMER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| FRED ROSENBLOOM MD | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MARK ROUSSO | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MELISSA RUBIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| CANDACE RUSKIN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MERCEDES SAEWITZ | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| CAROLE R SAMET | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| HARRY SENDZISCHEW MD | |||||||
| DIRECTOR | 0.50 | X | 0 | 30240 | 0 | ||
| MICHAEL SHAFIR | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| RONALD W SHANE MD | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| EDWARD SHAPIRO | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MICHAEL A SILVER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| GEORGE SIMON | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LESTA SUMMERFIELD STACOM | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| JASON STARKMAN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MORTON STEELE | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| SENATOR PAUL B STEINBERG | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ROBERT A STONE | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| DAVID SUGARMAN | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| ARTHUR S UNGER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| MICHAEL WEINBERG | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LEONARD A WIEN JR | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| FLORENCE WISE | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| LINDA ZILBER | |||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | ||
| BATIA SEPIN | |||||||
| VIP SERVICES | 40.00 | 121362 | 0 | 39358 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 452695 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 30240 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 86069 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| BLACKBAUD | |||||
| 2000 DANIEL ISLAND DRIVE | CHARLESTON | SC | 294927541 | FUNDRAISING DATABASE MGMT | 154137 |
| FOUNTAINEBLEU FLORIDA HOTEL LLC | |||||
| 4441 COLLINS AVENUE | MIAMI BEACH | FL | 33140 | EVENT HOSTING | 143426 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 2920 | FundraisingEvents |
| All Other Contributions | 13340018 | AllOtherContributions |
| Noncash Contributions | 110016 | NoncashContributions |
| Total Contributions | 13342938 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1042858 | TotalRevenueColumn |
| Exclusion | $1,042,858 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 40180557 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 38864718 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1315839 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1315839 | TotalRevenueColumn |
| Exclusion | $1,315,839 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 216180 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 2920 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 401335 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -185155 | TotalRevenueColumn |
| Exclusion | -$185,155 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15516480 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,173,542 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11840835 | Total |
| Program Services | 11840835 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60000 | Total |
| Program Services | 60000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 452695 | Total |
| Program Services | 33341 | ProgramServices |
| Management And General | 419354 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 945150 | Total |
| Program Services | 613162 | ProgramServices |
| Fundraising | 331988 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263165 | Total |
| Program Services | 116033 | ProgramServices |
| Management And General | 90311 | ManagementAndGeneral |
| Fundraising | 56821 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22464 | Total |
| Management And General | 22464 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118600 | Total |
| Management And General | 118600 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45820 | Total |
| Program Services | 16610 | ProgramServices |
| Management And General | 22910 | ManagementAndGeneral |
| Fundraising | 6300 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36354 | Total |
| Program Services | 13178 | ProgramServices |
| Management And General | 18177 | ManagementAndGeneral |
| Fundraising | 4999 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160232 | Total |
| Management And General | 160232 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BAD DEBT EXPENSE | 2258378 | 2258378 | ||
| FOOD & ENTERTAINMENT | 333681 | 174129 | 86771 | 72781 |
| CONSULTING AGREEMENTS | 249846 | 90569 | 124923 | 34354 |
| PLAQUES | 55761 | 44609 | 11152 | |
| INVITATIONS | 28160 | 22528 | 5632 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50298 | Total |
| Program Services | -278376 | ProgramServices |
| Management And General | 294091 | ManagementAndGeneral |
| Fundraising | 34583 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16921439 | Total |
| Program Services | 15004996 | ProgramServices |
| Management And General | 1357833 | ManagementAndGeneral |
| Fundraising | 558610 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4400936 | BOY |
| EOY | 4683853 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26071844 | BOY |
| EOY | 29377748 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12929118 | BOY |
| EOY | 13315023 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111045 | BOY |
| EOY | 111045 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46381180 | BOY |
| EOY | 40787125 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31206 | BOY |
| EOY | 31206 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22194 | BOY |
| EOY | 184285 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89947523 | BOY |
| EOY | 88490285 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 686115 | BOY |
| EOY | 769082 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 686115 | BOY |
| EOY | 769082 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8509628 | BOY |
| EOY | 6194423 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75081562 | BOY |
| EOY | 75856562 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5670218 | BOY |
| EOY | 5670218 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89261408 | BOY |
| EOY | 87721203 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 89947523 | BOY |
| EOY | 88490285 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1404959 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -135246 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 16128207 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 17712714 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 18816374 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15569724 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15535269 | CurrentTaxYear |
| Total | 83762288 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 16128207 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 17712714 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 18816374 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 15569724 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15535269 | CurrentTaxYear |
| Total | 83762288 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 4044682 | AmountsSubstContributorsTotal |
| Public Support Total170 | 79717606 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2165228 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2994777 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1186686 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1365416 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1042858 | CurrentTaxYear |
| Total | 8754965 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 368710 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 220545 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 314628 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 139565 | CurrentTaxYearMinus1Year |
| Current Tax Year | 216180 | CurrentTaxYear |
| Total | 1259628 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 93776881 | TotalSupport |
| Public Support Pertcentage170 | 0.85010 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.75590 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUES | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Total Revenue | 15516480 | TotalRevenue |
| Total Expenses | 16921439 | TotalExpenses |
| Excess Or Deficit For Year | -1404959 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -135246 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -135246 | TotalAdjustments |
| Excess Or Deficit Per FS | -1540205 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 15782569 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -135246 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -135246 | RevenueNotRptdF990 |
| Revenue Subtotal | 15917815 | RevenueSubtotal |
| Investment Expenses Not Included | -401335 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -401335 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 15516480 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 17322774 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 17322774 | ExpensesSubtotal |
| Investment Expenses Not Included2 | -401335 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | -401335 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 16921439 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | 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 2010 AND 2009, 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 2006 THROUGH 2009 ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES, RESPECTIVELY. THERE ARE NO INCOME TAX EXAMINATIONS CURRENTLY IN PROCESS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | FOUNDERS BALL | NameOfEvent1 |
| Gross Receipts Event1 | 203820 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 2920 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 200900 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 147361 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 62374 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 139762 | OtherDirectExpensesEvent1 |
| Name Of Event2 | TLC LUNCHEON | NameOfEvent2 |
| Gross Receipts Event2 | 5000 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 5000 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 120 | FoodAndBeverageEvent2 |
| Total Number Of Other Events | 4 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 10280 | GrossReceiptsOtherEvents |
| Gross Revenue Other Events | 10280 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 32828 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 4894 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 13996 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 219100 | GrossReceiptsTotal |
| Charitable Contributions Total | 2920 | CharitableContributionsTotal |
| Gross Revenue Total Events | 216180 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 180309 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 67268 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 153758 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 401335 | DirectExpenseSummaryEvents |
| Net Income Summary | -185155 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUNT SINAI MEDICAL CENTER | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4300 ALTON ROAD | AddressLine1 |
| City | MIAMI BEACH | City |
| State | FL | State |
| ZIP Code | 33140 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 590624424 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 11840835 | AmountOfCashGrant |
| Method Of Valuation | FIAR MARKET VALUE | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
| Purpose Of Grant | GENERAL SUPPORT | PurposeOfGrant |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS FOR STUDENTS ATTENDING SCHOOL | TypeOfGrant |
| Number Of Recipients | 30 | NumberOfRecipients |
| Amount Of Cash Grant | 60000 | AmountOfCashGrant |
| Method Of Valuation | FAIR MARKET VALUE | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL MILBERG | |||||||||||||
| 244750 | 0 | 84975 | 0 | 1608 | 0 | 45850 | 0 | 861 | 0 | 378044 | 0 | 0 | 0 |
| BATIA SEPIN | |||||||||||||
| 117491 | 0 | 0 | 0 | 3871 | 0 | 36868 | 0 | 2490 | 0 | 160720 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | PART 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 2010 WAS $ 245,098. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 16 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | LIFE INSURANCE POLICY | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 110000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | TRUSTEES WAYNE CHAPLIN AND PAUL CHAPLIN, HAVE A BUSINESS RELATIONSHIP. TRUSTEES MICHAEL ADLER AND LEONARD ABESS HAVE A BUSINESS RELATIONSHIP. TRUSTEES WAYNE CHAPLIN, PAUL CHAPLIN, AND SHEILA HOLLO HAVE A FAMILY RELATIONSHIP. TRUSTEES MICHAEL ADLER AND WAYNE CHAPLIN HAVE A BUSINESS RELATIONSHIP. TRUSTEES MARTIN GELB AND SONIA CHOEFF HAVE A FAMILY RELATIONSHIP. TRUSTEES MARK H. HILDEBRANDT AND LAURANS A. MENDELSON HAVE A BUSINESS RELATIONSHIP. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 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 | |
| CONFLICT 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 12C | |
| ON 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 B, LINE 15 | |
| FORM 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. | FORM 990, PART VI, SECTION C, LINE 19 | |
| AVERAGE HOURS PER WEEK | THE 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 2.0 0.5 0.0 0.0 PAUL CHAPLIN MD 2.0 2.0 0.0 0.0 WAYNE CHAPLIN 2.0 0.5 0.0 0.0 STANLEY COHEN 1.0 0.5 0.0 0.0 MARK HILDEBRANDT 1.0 2.0 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 2.0 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 ROBERT STONE 2.0 0.5 0.0 0.0 LEONARD WIEN 2.0 0.5 0.0 0.0 | PART VII, SECTION A, LINE 1, COLUMN B |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED LOSSES ON INVESTMENTS: -135,246. | FORM 990, PART XI, LINE 5: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| MOUNT SINAI MEDICAL CENTER OF FLORIDA | ||||||||||
| 4300 ALTON ROAD | MIAMI BEACH | FL | 33140 | 590624424 | HOSPITAL | FL | 501(C)(3) | 3 | N/A | 0 |
| MSMC INSURANCE TRUST | ||||||||||
| 4300 ALTON ROAD | MIAMI BEACH | FL | 33140 | 591830065 | TRUST | FL | 501(C)(3) | 11 B | N/A | 0 |
| MSMC OFFICE BUILDING II | ||||||||||
| 4300 ALTON ROAD | MIAMI BEACH | FL | 33140 | 205737392 | TITLE LEASE | FL | 501(C)(2) | N/A | N/A | 0 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Address Line1AddressForeign/AddressLine1 | Province Or StateAddressForeign/ProvinceOrState | CountryAddressForeign/Country | Postal CodeAddressForeign/PostalCode | Legal Domicile Foreign CountryLegalDomicileForeignCountry |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RIGHT CHOICE MANAGEMENT SERVICES INC | |||||||||||||
| 4300 ALTON ROAD | MIAMI BEACH | FL | 33140 | 650728277 | MGMT SERVICES | FL | N/A | C | |||||
| MT SINAI MED CTR OF FL GUARANTEE CORP | |||||||||||||
| INSURANCE | N/A | C | PO BOX 1051 | GRAND CAYMAN | CJ | KY1-1102 | CJ | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |