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Nonprofiteer
← MOUNT SINAI HOSPITAL

Form 990 for tax year 2024

Filed by MOUNT SINAI HOSPITAL.

What the amendment changed

Compared with the return it replaced , filed 17 November 2025. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Both are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$4,653,204,635
Total expenses
$4,538,893,967
Contributions and grants received
$126,571,674
Grants paid
$152,210,917
Program service revenue
$3,805,741,606
Investment income
$86,068,721
Other revenue
$634,822,634
Total assets, end of year
$5,887,180,821
Total liabilities, end of year
$3,592,020,821
Net assets or fund balances, end of year
$2,295,160,000
Program services expenses (Part IX)
$4,110,793,450
Management and general expenses
$425,308,081
Fundraising expenses
$2,792,436
Program service expenses (Part III)
$4,110,793,450

Program services were 90.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $70,051

  • 1e · Government grants (contributions)

    $106,979,396

  • 1f · All other contributions, gifts and grants

    $19,522,227

  • 1g · Noncash contributions included above

    $1,545,562

  • 2a · Program service revenue: NET PATIENT SERVICE

    total $3,805,741,606 · related or exempt $3,805,741,606

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total -$1,639,071 · excluded -$1,639,071

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    other assets $87,707,792

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $87,707,792

  • 7d · Net gain or loss

    total $87,707,792 · excluded $87,707,792

  • 8a · Fundraising events: gross income

    $15,250

  • 8a · Fundraising events: contributions included on line 1c

    $70,051

  • 8b · Fundraising events: direct expenses

    $17,738

  • 8c · Net income from fundraising events

    total -$2,488 · excluded -$2,488

  • 11a · Other revenue: 340B PHARMACY

    total $571,176,444 · excluded $571,176,444

  • 11b · Other revenue: Insurance Incentive Payments

    total $8,902,162 · excluded $8,902,162

  • 11c · Other revenue: Cafeteria

    total $11,413,769 · excluded $11,413,769

  • 11d · All other revenue

    total $43,332,747 · related or exempt $3,785,473 · unrelated business $0 · excluded $39,547,274

  • 11e · Other revenue, total

    $634,825,122

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $152,210,917 · program services $152,210,917

  • 5 · Compensation of officers, directors and key employees

    total $10,497,798 · program services $444,162 · management and general $9,743,540 · fundraising $310,096

  • 6 · Compensation of disqualified persons

    total $267,466 · management and general $267,466

  • 7 · Other salaries and wages

    total $1,576,173,821 · program services $1,374,771,465 · management and general $199,899,902 · fundraising $1,502,454

  • 8 · Pension plan contributions

    total $108,332,988 · program services $94,053,983 · management and general $14,161,008 · fundraising $117,997

  • 9 · Other employee benefits

    total $220,507,128 · program services $191,537,766 · management and general $28,713,722 · fundraising $255,640

  • 10 · Payroll taxes

    total $125,858,887 · program services $109,105,474 · management and general $16,606,558 · fundraising $146,855

  • 11a · Fees: management

    total $41,974,340 · program services $36,429,530 · management and general $5,544,810

  • 11b · Fees: legal

    total $7,537,092 · management and general $7,537,092

  • 11c · Fees: accounting

    total $3,537,011 · management and general $3,537,011

  • 11d · Fees: lobbying

    total $796,526 · program services $796,526

  • 11f · Fees: investment management

    total $4,432,391 · program services $4,432,391

  • 11g · Fees: other

    total $608,742,633 · program services $528,327,731 · management and general $80,414,902 · fundraising $0

  • 12 · Advertising and promotion

    total $10,649,248 · program services $9,146,115 · management and general $1,392,098 · fundraising $111,035

  • 13 · Office expenses

    total $26,205,384 · program services $25,317,170 · management and general $811,817 · fundraising $76,397

  • 14 · Information technology

    total $53,556,099 · program services $46,445,164 · management and general $7,069,255 · fundraising $41,680

  • 16 · Occupancy

    total $66,927,339 · program services $57,928,359 · management and general $8,817,071 · fundraising $181,909

  • 17 · Travel

    total $3,741,781 · program services $3,241,464 · management and general $493,372 · fundraising $6,945

  • 18 · Travel or entertainment for public officials

    total $908,056 · program services $788,102 · management and general $119,954

  • 20 · Interest

    total $43,694,241 · program services $43,694,241

  • 22 · Depreciation, depletion and amortization

    total $169,750,228 · program services $140,315,538 · management and general $29,434,690

  • 23 · Insurance

    total $58,366,606 · program services $50,656,377 · management and general $7,710,229

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $1,221,220,257 · program services $1,221,220,257

  • 24b · Other expenses: DIETARY

    total $23,005,730 · program services $19,930,718 · management and general $3,033,584 · fundraising $41,428

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $192,576 · end of year $217,003

  • 2 · Savings and temporary cash investments

    beginning of year $159,941,249 · end of year $707,088,748

  • 3 · Pledges and grants receivable

    beginning of year $53,302,020 · end of year $53,852,907

  • 4 · Accounts receivable

    beginning of year $495,992,931 · end of year $600,832,389

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $4,028,900 · end of year $4,028,900

  • 8 · Inventories for sale or use

    beginning of year $61,491,274 · end of year $60,427,755

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,453,360 · end of year $11,648,592

  • 10a · Land, buildings and equipment: cost or other basis

    $3,418,188,125

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,106,358,275

  • 10c · Land, buildings and equipment, net

    beginning of year $1,277,628,754 · end of year $1,311,829,850

  • 11 · Investments: publicly traded securities

    beginning of year $931,548,319 · end of year $485,888,800

  • 12 · Investments: other securities

    beginning of year $1,088,443,000 · end of year $766,809,805

  • 13 · Investments: program-related

    beginning of year $60,503,558 · end of year $60,715,241

  • 15 · Other assets

    beginning of year $1,643,951,877 · end of year $1,823,840,831

  • 17 · Accounts payable and accrued expenses

    beginning of year $608,043,409 · end of year $704,078,746

  • 19 · Deferred revenue

    beginning of year $48,072,372 · end of year $40,430,124

  • 20 · Tax-exempt bond liabilities

    beginning of year $1,470,581,198 · end of year $1,440,364,726

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $176,035,555 · end of year $186,137,758

  • 24 · Unsecured notes and loans payable

    beginning of year $0

  • 25 · Other liabilities

    beginning of year $1,165,500,284 · end of year $1,221,009,467

  • 27 · Net assets without donor restrictions

    beginning of year $2,054,205,000 · end of year $2,062,948,000

  • 28 · Net assets with donor restrictions

    beginning of year $261,040,000 · end of year $232,212,000

Mission and programs · 2024

Mission

MOUNT SINAI IS COMMITTED TO THE ADVANCEMENT OF THE ART AND SCIENCE OF MEDICINE THROUGH CLINICAL EXCELLENCE. THE CENTRAL MISSION CONSISTS OF HIGH-QUALITY PATIENT CARE AND TEACHING CONDUCTED IN AN ATMOSPHERE OF SOCIAL CONCERN AND SCHOLARLY INQUIRY INTO NATURE, CAUSATION, PREVENTION AND TREATMENT OF HUMAN DISEASE.

Activities or mission (Part I)

MOUNT SINAI PROVIDES COMPASSIONATE PATIENT CARE AND ADVANCED MEDICINE THROUGH EDUCATION, RESEARCH AND OUTREACH IN THE MANY DIVERSE COMMUNITIES IT SERVES.

  • THE MOUNT SINAI HOSPITAL PROVIDES QUALITY MEDICAL HEALTHCARE REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE, OR ABILITY TO PAY. ALTHOUGH REIMBURSEMENT FOR SERVICES RENDERED IS CRITICAL TO THE OPERATION AND STABILITY OF THE MOUNT SINAI HOSPITAL, IT IS RECOGNIZED THAT NOT ALL INDIVIDUALS POSSESS THE ABILITY TO PURCHASE ESSENTIAL MEDICAL SERVICES AND HEALTHCARE EDUCATION. AS A MATTER OF POLICY, THE HOSPITAL PROVIDES SIGNIFICANT AMOUNTS OF PARTIALLY OR TOTALLY UNCOMPENSATED PATIENT CARE. FOR ACCOUNTING PURPOSES, SUCH UNCOMPENSATED CARE IS TREATED EITHER AS CHARITY CARE OR BAD DEBT EXPENSE. THE HOSPITAL'S CHARITY CARE POLICY ENSURES THE PROVISION OF QUALITY HEALTH CARE TO THE COMMUNITY SERVED WHILE CAREFULLY CONSIDERING THE ABILITY OF THE PATIENT TO PAY. THE POLICY HAS SLIDING FEE SCHEDULES FOR INPATIENT, AMBULATORY AND EMERGENCY SERVICES PROVIDED TO THE UNINSURED AND UNDER-INSURED PATIENTS WHO QUALIFY. PATIENTS ARE ELIGIBLE FOR THE CHARITY CARE FEE SCHEDULE IF THEY MEET CERTAIN INCOME TESTS. FURTHERMORE, AS PART OF ITS CHARITY CARE AND FINANCIAL AID POLICY, THE HOSPITAL OBTAINS AND USES ADDITIONAL FINANCIAL INFORMATION FOR UNINSURED OR UNDER-INSURED PATIENTS WHO HAVE NOT SUPPLIED THE REQUISITE INFORMATION TO QUALIFY FOR CHARITY CARE. THE ADDITIONAL INFORMATION OBTAINED IS USED BY THE HOSPITAL TO DETERMINE WHETHER TO QUALIFY PATIENTS FOR CHARITY CARE AND/OR FINANCIAL AID IN ACCORDANCE WITH THE HOSPITAL'S POLICIES. FOR ACCOUNTING AND DISCLOSURE PURPOSES, CHARITY CARE IS CONSIDERED TO BE THE DIFFERENCE BETWEEN THE HOSPITAL'S CUSTOMARY CHARGES AND THE SLIDING CHARITY CARE FEE SCHEDULE RATES. SINCE PAYMENT OF THIS DIFFERENCE IS NOT SOUGHT, CHARITY CARE ALLOWANCES ARE NOT REPORTED AS REVENUE. THE HOSPITAL'S ESTIMATED COSTS FOR CHARITY CARE WERE $41.9 MILLION AND $46.3 MILLION FOR 2024 AND 2023, RESPECTIVELY. THE COST OF CHARITY INCLUDES THE DIRECT AND INDIRECT COST OF PROVIDING CHARITY CARE SERVICES. THE COST IS ESTIMATED BY UTILIZING A RATIO OF COST TO GROSS CHARGES APPLIED TO THE GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CHARITY CARE. FUNDS RECEIVED FROM THE NEW YORK STATE INDIGENT CARE POOL TO OFFSET CHARITY SERVICES PROVIDED TOTALED APPROXIMATELY $9.1 MILLION AND $8.8 MILLION FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, RESPECTIVELY. THE CHARITY CARE COMPONENT OF THE INDIGENT CARE POOL PAYMENTS IS ESTIMATED UTILIZING A RATIO OF CHARITY CARE CHARGES TO TOTAL CHARITY CARE AND BAD DEBT CHARGES APPLIED TO THE INDIGENT CARE POOL REIMBURSEMENT AND EXCLUDES AMOUNTS DESIGNATED FOR TEACHING PROGRAMS. ADDITIONALLY, PATIENTS WHO DO NOT QUALIFY FOR SLIDING SCALE FEES AND ALL UNINSURED INPATIENTS WHO DO NOT QUALIFY FOR MEDICAID ASSISTANCE ARE BILLED AT THE HOSPITAL'S RATES. UNCOLLECTED BALANCES FOR THESE PATIENTS ARE CATEGORIZED AS BAD DEBTS. TOTAL UNCOMPENSATED CARE AS A RESULT OF BAD DEBTS FOR ALL PATIENT SERVICES APPROXIMATED $91.0 MILLION IN 2024 AND $120.6 MILLION IN 2023. THE MOUNT SINAI HOSPITAL IS THE PRIMARY HEALTH CARE PROVIDER FOR THE EAST HARLEM AREA OF NEW YORK CITY. EAST HARLEM IS ONE OF THE POOREST COMMUNITIES IN THE NEW YORK CITY REGION, AND HAS BEEN DESIGNATED AS A MEDICALLY UNDERSERVED AREA. A WIDE VARIETY OF PROGRAMS AND SERVICES ARE CURRENTLY PROVIDED FOR THE COMMUNITY WHICH INCLUDE: -PRIMARY CARE -AIDS -CARDIOVASCULAR HEALTH -CANCER TREATMENT -MATERNAL AND INFANT HEALTH -GERIATRICS -AMBULATORY SENSITIVE CONDITIONS (ASTHMA AND DIABETES) -ADOLESCENT HEALTH -YOUTH EDUCATION -VOLUNTEER SERVICES

    Expenses $4,110,793,450 · Grants $152,210,917 · Revenue $3,809,527,079

As filed on the 2024 return.

Listed in Part VII

  • Andrew Saul

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Brad Karp

    SECRETARY/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Donald J Gogel

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Eric Mindich

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • James Neary

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • James S Tisch

    CO-CHAIRMAN OF BOARD/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Jeff T Blau

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Joel I Picket

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Joel S Ehrenkranz

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • John A Levin

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • John B Hess

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 14 related
  • Judith O Rubin

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Michael Minikes

    VICE CHAIR/TREASURER/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 22 related
  • Richard A Friedman

    CO-CHAIRMAN OF BOARD/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Steven Hochberg

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 19 related
  • Susan R Cullman

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Thomas W Strauss

    VICE CHAIRMAN/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 17 related
  • Andrew M Alper

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • David Windreich

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • Edgar M Cullman Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Eric Friedman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 7 related
  • Frank Bisignano

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Hon Robert E Rubin

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • James Kempner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • Kenneth Davis

    Trustee and Former Officer

    Total calculated
    $7,503,060
    From this org
    $2,825,745
    From related orgs
    $4,579,246
    Other
    $98,069
    Hours/week
    2 + 16 related

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $2,825,745 + $4,579,246 related
    Deferred
    $13,165 + $21,335 related
    Nontaxable benefits
    $24,258 + $39,311 related
    Filer's total
    $2,863,168 + $4,639,892 related
  • Kimberley Harris

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 7 related
  • Lewis Pell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Marc S Lipschultz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • Michael Zimmerman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Robert F Savage Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • William H Wright II

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • Beth Essig

    EVP, GENERAL COUNSEL

    Total calculated
    $1,840,832
    From this org
    $680,287
    From related orgs
    $1,102,437
    Other
    $58,108
    Hours/week
    20.8 + 39.2 related

    Schedule J breakdown matched by us

    Base
    $515,160 + $834,840 related
    Bonus
    $120,805 + $195,770 related
    Other
    $44,322 + $71,827 related
    Deferred
    $13,165 + $21,335 related
    Nontaxable benefits
    $9,009 + $14,599 related
    Filer's total
    $702,461 + $1,138,371 related
  • Beth Yagoda

    EVP, System Chief Administrative Officer

    Total calculated
    $582,785
    From this org
    $212,675
    From related orgs
    $344,649
    Other
    $25,461
    Hours/week
    21.9 + 38.1 related

    Schedule J breakdown matched by us

    Base
    $153,765 + $271,235 related
    Bonus
    $38,031 + $61,631 related
    Other
    $20,879 + $11,783 related
    Deferred
    $8,805 + $14,268 related
    Nontaxable benefits
    $911 + $1,477 related
    Filer's total
    $222,391 + $360,394 related
  • Bonnie M Davis

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Brendan Carr 1

    CHIEF EXECUTIVE OFFICER (START 1/1/24)

    Total calculated
    $5,489,914
    From this org
    $2,076,835
    From related orgs
    $3,365,606
    Other
    $47,473
    Hours/week
    22.1 + 37.9 related

    Schedule J breakdown matched by us

    Base
    $1,530,236 + $2,479,817 related
    Bonus
    $408,312 + $661,688 related
    Other
    $138,287 + $224,101 related
    Deferred
    $13,165 + $21,335 related
    Nontaxable benefits
    $4,950 + $8,023 related
    Filer's total
    $2,094,950 + $3,394,964 related
  • Carl Icahn

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • David L Reich

    PRESIDENT AND SYSTEM CHIEF CLINICAL OFFICER

    Total calculated
    $2,220,809
    From this org
    $2,154,844
    From related orgs
    $0
    Other
    $65,965
    Hours/week
    58 + 2 related

    Schedule J breakdown matched by us

    Base
    $1,700,000
    Bonus
    $300,160
    Other
    $154,684
    Deferred
    $34,500
    Nontaxable benefits
    $31,465
    Filer's total
    $2,220,809
  • Dennis Charney 1

    PRESIDENT, ACADEMIC AFFAIRS

    Total calculated
    $2,636,248
    From this org
    $984,219
    From related orgs
    $1,594,972
    Other
    $57,057
    Hours/week
    21.8 + 38.3 related

    Schedule J breakdown matched by us

    Base
    $419,760 + $680,240 related
    Bonus
    $102,269 + $165,731 related
    Other
    $462,190 + $749,001 related
    Deferred
    $13,165 + $21,335 related
    Nontaxable benefits
    $8,608 + $13,949 related
    Filer's total
    $1,005,992 + $1,630,256 related
  • Emma Palmer

    EVP, Chief of Staff & External Affairs

    Total calculated
    $862,567
    From this org
    $302,002
    From related orgs
    $489,407
    Other
    $71,158
    Hours/week
    22.1 + 37.9 related

    Schedule J breakdown matched by us

    Base
    $243,270 + $391,003 related
    Bonus
    $55,754 + $86,621 related
    Other
    $2,978 + $11,783 related
    Deferred
    $13,165 + $21,335 related
    Nontaxable benefits
    $13,989 + $22,669 related
    Filer's total
    $329,156 + $533,411 related
  • Glenn Dubin

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Hamilton James

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Henry R Kravis

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • James W Crystal

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • Jeffrey Silberstein

    EVP, SYSTEM CAO

    Total calculated
    $1,492,681
    From this org
    $277,901
    From related orgs
    $1,178,604
    Other
    $36,176
    Hours/week
    21 + 39 related

    Schedule J breakdown matched by us

    Base
    $186,689 + $845,311 related
    Bonus
    $44,743 + $189,757 related
    Other
    $46,469 + $143,536 related
    Deferred
    $6,583 + $27,917 related
    Nontaxable benefits
    $320 + $1,356 related
    Filer's total
    $284,804 + $1,207,877 related
  • Kelly Cassano

    EVP, SYS AMBULATORY OPERATION

    Total calculated
    $1,240,197
    From this org
    $210,042
    From related orgs
    $982,805
    Other
    $47,350
    Hours/week
    11 + 49 related

    Schedule J breakdown matched by us

    Base
    $162,180 + $687,820 related
    Bonus
    $38,031 + $161,294 related
    Other
    $9,831 + $133,691 related
    Deferred
    $6,583 + $27,917 related
    Nontaxable benefits
    $2,452 + $10,398 related
    Filer's total
    $219,077 + $1,021,120 related
  • Margaret Pastuszko

    System President & Chief Operating Officer

    Total calculated
    $2,362,925
    From this org
    $873,895
    From related orgs
    $1,416,186
    Other
    $72,844
    Hours/week
    20.6 + 39.4 related

    Schedule J breakdown matched by us

    Base
    $667,800 + $1,082,200 related
    Bonus
    $156,599 + $253,776 related
    Other
    $49,496 + $80,210 related
    Deferred
    $13,165 + $21,335 related
    Nontaxable benefits
    $14,632 + $23,712 related
    Filer's total
    $901,692 + $1,461,233 related
  • Michael Pastier

    SVP, CHIEF FINANCIAL OFFICER

    Total calculated
    $1,456,454
    From this org
    $814,878
    From related orgs
    $553,285
    Other
    $88,291
    Hours/week
    33.4 + 26.7 related

    Schedule J breakdown matched by us

    Base
    $553,908 + $376,092 related
    Bonus
    $89,787 + $60,963 related
    Other
    $171,183 + $116,230 related
    Deferred
    $20,548 + $13,952 related
    Nontaxable benefits
    $30,607 + $23,184 related
    Filer's total
    $866,033 + $590,421 related
  • Stephen Harvey

    EVP, SYSTEM CFO (END 12/31/24)

    Total calculated
    $2,057,140
    From this org
    $752,534
    From related orgs
    $1,219,514
    Other
    $85,092
    Hours/week
    19.8 + 40.2 related

    Schedule J breakdown matched by us

    Base
    $457,920 + $742,080 related
    Bonus
    $129,754 + $210,271 related
    Other
    $164,860 + $267,163 related
    Deferred
    $12,593 + $21,907 related
    Nontaxable benefits
    $19,306 + $31,286 related
    Filer's total
    $784,433 + $1,272,707 related
  • Vincent Tammaro

    EVP, SYSTEM CFO (START 10/1/24)

    Total calculated
    $689,052
    From this org
    $259,130
    From related orgs
    $419,931
    Other
    $9,991
    Hours/week
    21.8 + 38.3 related

    Schedule J breakdown matched by us

    Base
    $186,030 + $301,470 related
    Bonus
    $46,508 + $75,367 related
    Other
    $26,592 + $43,094 related
    Deferred
    $0
    Nontaxable benefits
    $3,813 + $6,178 related
    Filer's total
    $262,943 + $426,109 related
  • Frank Cino

    SVP, SYSTEM CHIEF RISK OFFICER

    Total calculated
    $807,419
    From this org
    $285,181
    From related orgs
    $462,148
    Other
    $60,090
    Hours/week
    22.1 + 37.9 related

    Schedule J breakdown matched by us

    Base
    $228,960 + $371,040 related
    Bonus
    $46,021 + $74,579 related
    Other
    $10,200 + $16,529 related
    Deferred
    $13,165 + $21,335 related
    Nontaxable benefits
    $9,765 + $15,825 related
    Filer's total
    $308,111 + $499,308 related
  • Cameron Hernandez

    EXECUTIVE DIRECTOR & COO MSHQ

    Total calculated
    $834,327
    From this org
    $764,197
    From related orgs
    $0
    Other
    $70,130
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $650,000
    Bonus
    $67,000
    Other
    $47,197
    Deferred
    $34,500
    Nontaxable benefits
    $35,630
    Filer's total
    $834,327
  • Jonathan Kyriacou

    CHIEF OPERATING OFFICER

    Total calculated
    $862,193
    From this org
    $820,713
    From related orgs
    $0
    Other
    $41,480
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $650,000
    Bonus
    $100,500
    Other
    $70,213
    Deferred
    $27,600
    Nontaxable benefits
    $13,880
    Filer's total
    $862,193
  • Samin Sharma

    PROFESSOR, CARDIOLOGY

    Total calculated
    $5,950,995
    From this org
    $1,139,259
    From related orgs
    $4,768,427
    Other
    $43,309
    Hours/week
    31.9 + 28.1 related

    Schedule J breakdown matched by us

    Base
    $108,901 + $244,181 related
    Bonus
    $159,450
    Other
    $870,908 + $4,524,246 related
    Deferred
    $11,296 + $9,957 related
    Nontaxable benefits
    $11,723 + $10,333 related
    Filer's total
    $1,162,278 + $4,788,717 related
  • Scott Pittman

    SR VP SYS CHIEF INVESTMENT OFF

    Total calculated
    $2,319,046
    From this org
    $1,176,145
    From related orgs
    $1,072,268
    Other
    $70,633
    Hours/week
    31.4 + 28.6 related

    Schedule J breakdown matched by us

    Base
    $627,720 + $572,280 related
    Bonus
    $512,757 + $467,471 related
    Other
    $35,668 + $32,517 related
    Deferred
    $18,047 + $16,453 related
    Nontaxable benefits
    $18,901 + $17,232 related
    Filer's total
    $1,213,093 + $1,105,953 related
  • Shirish Huprikar

    PROFESSOR, INFECTIOUS DISEASE

    Total calculated
    $870,459
    From this org
    $798,675
    From related orgs
    $0
    Other
    $71,784
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $708,225
    Bonus
    $90,450
    Other
    $0
    Deferred
    $34,500
    Nontaxable benefits
    $37,284
    Filer's total
    $870,459
  • Burton P Drayer

    FORMER OFFICER

    Total calculated
    $310,000
    From this org
    $0
    From related orgs
    $310,000
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $310,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $310,000 related
  • Jeremy Boal

    FORMER OFFICER

    Total calculated
    $1,852,841
    From this org
    $685,212
    From related orgs
    $1,110,417
    Other
    $57,212
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $685,212 + $1,110,417 related
    Deferred
    $0
    Nontaxable benefits
    $21,832 + $35,380 related
    Filer's total
    $707,044 + $1,145,797 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4a Severance or change-of-control payment
DR. JEREMY BOAL RECEIVED $1,795,629 OF SEVERANCE PAYMENTS DURING 2024. DR. KENNETH DAVIS RECEIVED $7,404,991 OF SEVERANCE PAYMENTS DURING 2024.
Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization
THE HOSPITAL ANSWERED YES TO QUESTIONS 6A AND 6B IN SCHEDULE J AS THE INSTITUTION UTILIZES AN INCENTIVE BASED BONUS PROGRAM FOR CERTAIN EMPLOYEES, INCLUDING SEVERAL OF THOSE EMPLOYEES LISTED IN SCHEDULE J. NET EARNINGS IS ONE OF THE SEVERAL METRICS UTILIZED BY THE INSTITUTION IN THE ANNUAL BONUS CALCULATION. OTHER METRICS UTILIZED IN THE INCENTIVE COMPENSATION MODEL INCLUDE THE ORGANIZATION'S PERFORMANCE ON THE JCAHO HOSPITAL CORE MEASURES, PATIENT SATISFACTION SCORES, AND OTHER ORGANIZATIONAL GOALS SUCH AS LENGTH OF STAY INITIATIVES. INDIVIDUALS THAT HAVE RESPONSIBILITIES IN RELATED ORGANIZATIONS TO THE HOSPITAL MAY HAVE INCENTIVES BASED ON THE PERFORMANCE OF THESE ORGANIZATIONS AS WELL AS THAT OF THE HOSPITAL.
Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization
THE HOSPITAL ANSWERED YES TO QUESTIONS 6A AND 6B IN SCHEDULE J AS THE INSTITUTION UTILIZES AN INCENTIVE BASED BONUS PROGRAM FOR CERTAIN EMPLOYEES, INCLUDING SEVERAL OF THOSE EMPLOYEES LISTED IN SCHEDULE J. NET EARNINGS IS ONE OF THE SEVERAL METRICS UTILIZED BY THE INSTITUTION IN THE ANNUAL BONUS CALCULATION. OTHER METRICS UTILIZED IN THE INCENTIVE COMPENSATION MODEL INCLUDE THE ORGANIZATION'S PERFORMANCE ON THE JCAHO HOSPITAL CORE MEASURES, PATIENT SATISFACTION SCORES, AND OTHER ORGANIZATIONAL GOALS SUCH AS LENGTH OF STAY INITIATIVES. INDIVIDUALS THAT HAVE RESPONSIBILITIES IN RELATED ORGANIZATIONS TO THE HOSPITAL MAY HAVE INCENTIVES BASED ON THE PERFORMANCE OF THESE ORGANIZATIONS AS WELL AS THAT OF THE HOSPITAL.
Schedule J, Part III COMPENSATION FOOTNOTES
OFFICERS OF THE BOARD OF TRUSTEES HOURS REFLECT SERVICE TO ALL RELATED ORGANIZATIONS OF MOUNT SINAI HEALTH SYSTEM, INC. (1) EMPLOYEE HAS AN OUTSTANDING LOAN REFLECTED IN SCHEDULE L, PART II OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI FORM 990. OTHER REPORTABLE COMPENSATION FOR OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES AS IDENTIFIED IN THE FORM 990, PART VII, AND LISTED ON SCHEDULE J MAY INCLUDE VARIOUS TYPES OF SUPPLEMENTAL WAGES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MOUNT SINAI PPS LLC

    DSRIP PROGRAM · NY · income $0 · assets $0

    Directly controlled by MSH

  • MSHS 150 LLC

    SUPPORT · DE · income $1,298,203 · assets $1,298,203

    Directly controlled by MSH

  • MOUNT SINAI PROTON HOLDING COMPANY LLC

    INVESTMENT · NY · income -$13,011,841 · assets -$21,620,441

    Directly controlled by MSH

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MANHATTAN MANAGEMENT SERVICES

    C Corporation · MGMT SERVICES · NY

    Directly controlled by SLR

  • SLR MANAGEMENT SERVICES

    C Corporation · MGMT SERVICES · NY

    Directly controlled by SLR

  • MOUNT SINAI HC VENTURES INC

    C Corporation · HEALTH CARE MGMT · NY

    Directly controlled by BIMC HOLDCO

  • MSHS VACCINE COMPANY

    C Corporation · CLINICAL LAB · DE

    Directly controlled by ismms

  • KANTARO BIOSCIENCES LLC

    C Corporation · CLINICAL LAB · NY

    Directly controlled by ISMMS

Provenance

Return type
form_990
Tax year
2024
Filed
26 March 2026
IRS schema version
2024v5.1
Source object
202600859349301025

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