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Nonprofiteer
← BETH ISRAEL MEDICAL CENTER

Form 990 for tax year 2023

Filed by BETH ISRAEL MEDICAL CENTER.

Totals

Total revenue
$1,306,435,182
Total expenses
$1,216,012,722
Contributions and grants received
$7,937,367
Grants paid
$9,784,741
Program services expenses (Part IX)
$1,091,689,607
Management and general expenses
$124,185,001
Fundraising expenses
$138,114
Program service expenses (Part III)
$1,091,689,607

Program services were 89.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANDREW SAUL

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • BRAD KARP

    TRUSTEE/SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • DONALD J GOGEL

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • ERIC FRIEDMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 7 related
  • ERIC MINDICH

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • JAMES NEARY

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • JAMES S TISCH

    TRUSTEE/CO-CHAIRMEN OF BOARD

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • JEFF T BLAU

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 19 related
  • JOEL I PICKET

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 19 related
  • JOEL S EHRENKRANZ

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • JOHN A LEVIN

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • JOHN B HESS

    TRUSTEE/ VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • JUDITH O RUBIN

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • MICHAEL MINIKES

    VICE CHAIR/TREASURER/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 25 related
  • RICHARD A FRIEDMAN

    CO-CHAIRMEN OF BOARD/TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • RICHARD RAVITCH

    TRUSTEE/VICE CHAIRMAN (END JUNE 2023)

    Total calculated
    $0
    Hours/week
    2 + 19 related
  • STEVEN HOCHBERG

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 21 related
  • SUSAN R CULLMAN

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • THOMAS W STRAUSS

    TRUSTEE/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 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
  • FRANK BISIGNANO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • JAMES KEMPNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 6 related
  • KIMBERLEY HARRIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 7 related
  • LEWIS PELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • MARC C 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 ESQ (2)

    EVP, GENERAL COUNSEL

    Total calculated
    $1,878,171
    From this org
    $204,872
    From related orgs
    $1,617,834
    Other
    $55,465
    Hours/week
    6.1 + 53.9 related

    Schedule J breakdown matched by us

    Base
    $151,740 + $1,198,260 related
    Bonus
    $40,894 + $322,931 related
    Other
    $12,238 + $96,643 related
    Deferred
    $3,709 + $29,291 related
    Nontaxable benefits
    $2,525 + $19,940 related
    Filer's total
    $211,106 + $1,667,065 related
  • BONNIE M DAVIS MD

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • CARL ICAHN

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related
  • DENNIS CHARNEYMD(1)(2)

    PRESIDENT, ACADEMIC AFFAIRS

    Total calculated
    $5,471,287
    From this org
    $590,442
    From related orgs
    $4,826,453
    Other
    $54,392
    Hours/week
    6.2 + 53.8 related

    Schedule J breakdown matched by us

    Base
    $119,900 + $980,100 related
    Bonus
    $33,572 + $274,428 related
    Other
    $436,970 + $3,571,925 related
    Deferred
    $3,597 + $29,403 related
    Nontaxable benefits
    $2,332 + $19,060 related
    Filer's total
    $596,371 + $4,874,916 related
  • ELIZABETH SELLMAN (2)

    PRESIDENT

    Total calculated
    $1,289,743
    From this org
    $1,243,357
    From related orgs
    $0
    Other
    $46,386
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $912,916
    Bonus
    $268,318
    Other
    $62,123
    Deferred
    $33,000
    Nontaxable benefits
    $13,386
    Filer's total
    $1,289,743
  • 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
  • HON ROBERT E RUBIN

    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 (2)

    EVP, SYSTEM CAO

    Total calculated
    $1,518,747
    From this org
    $166,812
    From related orgs
    $1,317,279
    Other
    $34,656
    Hours/week
    6.2 + 53.8 related

    Schedule J breakdown matched by us

    Base
    $115,997 + $916,003 related
    Bonus
    $30,292 + $239,208 related
    Other
    $20,523 + $162,068 related
    Deferred
    $3,709 + $29,291 related
    Nontaxable benefits
    $186 + $1,470 related
    Filer's total
    $170,707 + $1,348,040 related
  • JEREMY BOAL MD (2) (END 122023)

    PRESIDENT, EVP, SYSTEM CMO

    Total calculated
    $1,854,642
    From this org
    $192,404
    From related orgs
    $1,572,767
    Other
    $89,471
    Hours/week
    6.3 + 53.7 related

    Schedule J breakdown matched by us

    Base
    $99,917 + $816,749 related
    Bonus
    $0
    Other
    $92,487 + $756,018 related
    Deferred
    $3,597 + $29,403 related
    Nontaxable benefits
    $6,155 + $50,316 related
    Filer's total
    $202,156 + $1,652,486 related
  • KELLY CASSANO D

    EVP, SYS AMBULATORY OPERATION

    Total calculated
    $1,267,329
    From this org
    $152,567
    From related orgs
    $1,069,557
    Other
    $45,205
    Hours/week
    7.8 + 52.2 related

    Schedule J breakdown matched by us

    Base
    $114,750 + $735,250 related
    Bonus
    $30,925 + $198,150 related
    Other
    $6,892 + $136,157 related
    Deferred
    $4,455 + $28,545 related
    Nontaxable benefits
    $1,648 + $10,557 related
    Filer's total
    $158,670 + $1,108,659 related
  • KENNETH DAVIS MD (2)

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $7,199,726
    From this org
    $774,272
    From related orgs
    $6,329,140
    Other
    $96,314
    Hours/week
    6.3 + 53.7 related

    Schedule J breakdown matched by us

    Base
    $403,300 + $3,296,700 related
    Bonus
    $163,500 + $1,336,500 related
    Other
    $207,472 + $1,695,940 related
    Deferred
    $3,597 + $29,403 related
    Nontaxable benefits
    $6,901 + $56,413 related
    Filer's total
    $784,770 + $6,414,956 related
  • MARGARET PASTUSZKO (2)

    EVP, SYSTEM CIO

    Total calculated
    $2,493,286
    From this org
    $264,195
    From related orgs
    $2,159,608
    Other
    $69,483
    Hours/week
    5.9 + 54.1 related

    Schedule J breakdown matched by us

    Base
    $190,750 + $1,559,250 related
    Bonus
    $51,407 + $420,218 related
    Other
    $22,038 + $180,140 related
    Deferred
    $3,597 + $29,403 related
    Nontaxable benefits
    $3,977 + $32,506 related
    Filer's total
    $271,769 + $2,221,517 related
  • MICHAEL PASTIER

    SVP, CHIEF FINANCIAL OFFICER

    Total calculated
    $1,473,210
    From this org
    $244,172
    From related orgs
    $1,145,538
    Other
    $83,500
    Hours/week
    9.8 + 50.2 related

    Schedule J breakdown matched by us

    Base
    $163,401 + $766,599 related
    Bonus
    $30,440 + $142,810 related
    Other
    $50,331 + $236,129 related
    Deferred
    $5,798 + $27,202 related
    Nontaxable benefits
    $8,873 + $41,627 related
    Filer's total
    $258,843 + $1,214,367 related
  • SCOTT MICHAEL LORIN (2)

    PRESIDENT

    Total calculated
    $1,037,876
    From this org
    $1,001,078
    From related orgs
    $0
    Other
    $36,798
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $825,000
    Bonus
    $153,945
    Other
    $22,133
    Deferred
    $33,000
    Nontaxable benefits
    $3,798
    Filer's total
    $1,037,876
  • STEPHEN HARVEY

    EVP, SYSTEM CFO

    Total calculated
    $2,107,872
    From this org
    $227,728
    From related orgs
    $1,798,320
    Other
    $81,824
    Hours/week
    5.8 + 54.2 related

    Schedule J breakdown matched by us

    Base
    $134,880 + $1,065,120 related
    Bonus
    $43,923 + $346,852 related
    Other
    $48,925 + $386,348 related
    Deferred
    $3,709 + $29,291 related
    Nontaxable benefits
    $5,488 + $43,336 related
    Filer's total
    $236,925 + $1,870,947 related
  • FRANK CINO (2)

    SVP, SYSTEM CHIEF RISK OFFICER

    Total calculated
    $823,989
    From this org
    $86,140
    From related orgs
    $680,231
    Other
    $57,618
    Hours/week
    6.5 + 53.5 related

    Schedule J breakdown matched by us

    Base
    $67,440 + $532,560 related
    Bonus
    $15,579 + $123,021 related
    Other
    $3,121 + $24,650 related
    Deferred
    $3,709 + $29,291 related
    Nontaxable benefits
    $2,767 + $21,851 related
    Filer's total
    $92,616 + $731,373 related
  • Christine Mahoney

    Senior Vice President

    Total calculated
    $474,499
    From this org
    $340,425
    From related orgs
    $85,106
    Other
    $48,968
    Hours/week
    48 + 12 related

    Schedule J breakdown matched by us

    Base
    $295,000 + $73,750 related
    Bonus
    $45,424 + $11,356 related
    Other
    $1
    Deferred
    $26,400 + $6,600 related
    Nontaxable benefits
    $12,774 + $3,194 related
    Filer's total
    $379,599 + $94,900 related
  • Claudia Garcenot

    Vice President Nursing

    Total calculated
    $385,845
    From this org
    $348,897
    From related orgs
    $0
    Other
    $36,948
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $311,666
    Bonus
    $36,960
    Other
    $271
    Deferred
    $24,933
    Nontaxable benefits
    $12,015
    Filer's total
    $385,845
  • ELVIS DELEON

    VP AMBULATORY OPERATIONS

    Total calculated
    $689,344
    From this org
    $625,871
    From related orgs
    $0
    Other
    $63,473
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $460,000
    Bonus
    $70,840
    Other
    $95,031
    Deferred
    $26,400
    Nontaxable benefits
    $37,073
    Filer's total
    $689,344
  • JEMILAT SIJU

    VICE PRESIDENT NURSING

    Total calculated
    $439,909
    From this org
    $380,662
    From related orgs
    $0
    Other
    $59,247
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $350,000
    Bonus
    $26,879
    Other
    $3,783
    Deferred
    $26,400
    Nontaxable benefits
    $32,847
    Filer's total
    $439,909
  • Joann Coffin

    Vice President

    Total calculated
    $498,887
    From this org
    $360,952
    From related orgs
    $90,228
    Other
    $47,707
    Hours/week
    48 + 12 related

    Schedule J breakdown matched by us

    Base
    $305,600 + $76,400 related
    Bonus
    $53,531 + $13,383 related
    Other
    $1,821 + $445 related
    Deferred
    $21,120 + $5,280 related
    Nontaxable benefits
    $17,046 + $4,261 related
    Filer's total
    $399,118 + $99,769 related
  • ARTHUR KLEIN MD (2)

    FORMER OFFICER

    Total calculated
    $600,000
    From this org
    $93,660
    From related orgs
    $506,340
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $93,660 + $506,340 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $93,660 + $506,340 related
  • BURTON P DRAYER (2)

    FORMER OFFICER

    Total calculated
    $789,004
    From this org
    $93,717
    From related orgs
    $656,018
    Other
    $39,269
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $93,717 + $656,018 related
    Deferred
    $2,250 + $15,750 related
    Nontaxable benefits
    $2,659 + $18,610 related
    Filer's total
    $98,626 + $690,378 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 — 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
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 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
ARTHUR KLEIN RECEIVED $600,000 OF SEVERANCE PAYMENTS DURING 2023. JEREMY BOAL RECEIVED $148,883 OF SEVERANCE PAYMENTS DURING 2023.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE DEAN, DR. DENNIS CHARNEY, WAS THE SOLE PARTICPANT IN THE ORGANIZATION'S SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") AND WAS PAID OUT HIS ONE TIME SERP PAYMENT OF $3,000,000 IN 2023. THE BENEFITS EARNED UNDER THE SERP ARE DESIGNED TO FUND THE DEAN'S EVENTUAL RETIREMENT. THE DEAN HAS WORKED AT MOUNT SINAI FOR 20 YEARS; 17 YEARS AS DEAN.
Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization
THE MOUNT SINAI HOSPITAL, A RELATED ORGANIZATION, 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 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 MOUNT SINAI HOSPITAL, A RELATED ORGANIZATION, 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 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 PART VII, SECTION A & SCHEDULE J COMPENSATION FOOTNOTES
OFFICERS OF THE BOARD OF TRUSTEES HOURS REFLECT SERVICE TO ALL RELATED ORGANIZATIONS OF MOUNT SINAI HEALTH SYSTEM. (1) EMPLOYEE HAS AN OUTSTANDING LOAN REFLECTED IN SCHEDULE L, PART II OF ICHAN SCHOOL OF MEDICINE AT MOUNT SINIAI'S FORM 990 (2) COMPENSATION AND BENEFITS ARE FUNDED FROM THE MOUNT SINAI HOSPITAL, ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, BETH ISRAEL MEDICAL CENTER, ST. LUKE'S-ROOSEVELT HOSPITAL CENTER, AND/OR NEW YOUR EYE AND EAR INFIRMARY. 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

No itemized grants to organizations 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.

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202443169349306324

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