Skip to content
Nonprofiteer
← ST LUKES ROOSEVELT HOSPITAL CENTER

Form 990 for tax year 2023

Filed by ST LUKES ROOSEVELT HOSPITAL CENTER.

Totals

Total revenue
$1,628,345,493
Total expenses
$1,725,289,600
Contributions and grants received
$3,586,872
Grants paid
$17,911,271
Program service revenue
$1,429,539,284
Investment income
$9,449,870
Other revenue
$185,769,467
Total assets, end of year
$1,401,883,478
Total liabilities, end of year
$1,537,796,681
Net assets or fund balances, end of year
-$135,913,203
Program services expenses (Part IX)
$1,581,067,459
Management and general expenses
$144,040,311
Fundraising expenses
$181,830
Program service expenses (Part III)
$1,581,067,459

Program services were 91.6% 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.

  • 1f · All other contributions, gifts and grants

    $3,586,872

  • 1g · Noncash contributions included above

    $1,550,827

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $1,427,698,116 · related or exempt $1,427,698,116

  • 2b · Program service revenue: COMMUNITY MENTAL HEALTH ALCOHOL INCOME

    total $1,841,168 · related or exempt $1,841,168

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $8,066,484 · excluded $8,066,484

  • 6a · Gross rents

    real property $2,164,127

  • 6c · Rental income or loss

    real property $2,164,127 · personal property $0

  • 6d · Net rental income or loss

    total $2,164,127 · excluded $2,164,127

  • 7a · Gross sales of assets other than inventory

    securities $1,383,386

  • 7c · Gain or loss

    securities $1,383,386 · other assets $0

  • 7d · Net gain or loss

    total $1,383,386 · excluded $1,383,386

  • 11a · Other revenue: REIMBURSEMENT OF EXPENSES

    total $102,181,364 · related or exempt $102,181,364

  • 11b · Other revenue: PHARMACY

    total $31,121,570 · related or exempt $31,121,570

  • 11c · Other revenue: MISCELLANEOUS

    total $18,857,382 · related or exempt $18,857,382

  • 11d · All other revenue

    total $31,445,024 · related or exempt $28,230,261 · unrelated business $0 · excluded $3,214,763

  • 11e · Other revenue, total

    $183,605,340

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $17,678,000 · program services $17,678,000

  • 2 · Grants to domestic individuals

    total $233,271 · program services $233,271

  • 5 · Compensation of officers, directors and key employees

    total $5,746,804 · program services $353,313 · management and general $5,211,661 · fundraising $181,830

  • 7 · Other salaries and wages

    total $637,612,386 · program services $499,949,589 · management and general $137,662,797

  • 8 · Pension plan contributions

    total $49,891,533 · program services $49,891,533

  • 9 · Other employee benefits

    total $122,448,839 · program services $122,448,839

  • 10 · Payroll taxes

    total $46,718,613 · program services $46,718,613

  • 11a · Fees: management

    total $272,873 · program services $272,873

  • 11b · Fees: legal

    total $2,056,256 · program services $2,056,256

  • 11c · Fees: accounting

    total $1,127,532 · management and general $1,127,532

  • 11f · Fees: investment management

    total $38,321 · management and general $38,321

  • 11g · Fees: other

    total $258,217,019 · program services $258,217,019 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $5,011,797 · program services $5,011,797

  • 13 · Office expenses

    total $34,114,413 · program services $34,114,413

  • 14 · Information technology

    total $7,271,485 · program services $7,271,485

  • 16 · Occupancy

    total $27,356,092 · program services $27,356,092

  • 17 · Travel

    total $2,884,259 · program services $2,884,259

  • 19 · Conferences, conventions and meetings

    total $277,450 · program services $277,450

  • 20 · Interest

    total $11,294,557 · program services $11,294,557

  • 22 · Depreciation, depletion and amortization

    total $97,984,898 · program services $97,984,898

  • 23 · Insurance

    total $32,571,617 · program services $32,571,617

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $281,363,269 · program services $281,363,269

  • 24b · Other expenses: OTHER

    total $53,198,298 · program services $53,198,298

  • 24c · Other expenses: BAD DEBT

    total $28,414,487 · program services $28,414,487

  • 24d · Other expenses: DUES AND MEMBERSHIPS

    total $1,138,160 · program services $1,138,160

  • 24e · All other expenses

    total $367,371 · program services $367,371 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $117,918,550 · end of year $53,241,714

  • 3 · Pledges and grants receivable

    beginning of year $9,538,647 · end of year $8,050,292

  • 4 · Accounts receivable

    beginning of year $152,077,210 · end of year $166,492,846

  • 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

  • 8 · Inventories for sale or use

    beginning of year $12,854,380 · end of year $14,814,907

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,724,293 · end of year $6,541,455

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

    $2,171,460,968

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

    $1,439,423,045

  • 10c · Land, buildings and equipment, net

    beginning of year $722,281,373 · end of year $732,037,923

  • 11 · Investments: publicly traded securities

    beginning of year $61,191,836 · end of year $67,592,179

  • 12 · Investments: other securities

    beginning of year $21,488,189 · end of year $33,654,952

  • 13 · Investments: program-related

    beginning of year $12,825,250 · end of year $14,364,910

  • 15 · Other assets

    beginning of year $298,923,477 · end of year $305,092,300

  • 17 · Accounts payable and accrued expenses

    beginning of year $219,664,315 · end of year $209,991,485

  • 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 $159,539,046 · end of year $140,890,539

  • 25 · Other liabilities

    beginning of year $1,093,516,169 · end of year $1,186,914,657

  • 27 · Net assets without donor restrictions

    beginning of year -$174,830,616 · end of year -$256,088,284

  • 28 · Net assets with donor restrictions

    beginning of year $116,934,291 · end of year $120,175,081

Mission and programs · 2023

Mission

ST. LUKE'S-ROOSEVELT HOSPITAL CENTER, FORMED BY MERGER IN 1979, IS A COMBINATION OF THREE HOSPITALS, EACH WITH A DISTINGUISHED HISTORY OF ACCOMPLISHMENT AND PUBLIC SERVICE. ST. LUKE'S HOSPITAL WAS FOUNDED IN 1846, IN AFFILIATION WITH THE EPISCOPAL CHURCH TO PROVIDE CARE FOR THE SICK POOR. WOMEN'S HOSPITAL WAS ESTABLISHED IN 1855, FOR THE TREATMENT OF DISEASES PECULIAR TO WOMEN. ROOSEVELT HOSPITAL, CHARTERED IN 1864, WAS DEDICATED TO THE RECEPTION AND RELIEF OF SICK AND DISEASED PERSONS. THE MISSION OF ST. LUKE'S-ROOSEVELT HOSPITAL CENTER IS TO PROVIDE COMPASSIONATE PATIENT CARE WITH SEAMLESS COORDINATION AND TO ADVANCE MEDICINE THROUGH UNRIVALED EDUCATION, RESEARCH, AND OUTREACH IN THE MANY DIVERSE COMMUNITIES WE SERVE.

Activities or mission (Part I)

SERVES THE HEALTH CARE NEEDS OF THE NY COMMUNITY THRU PRIMARY&TERTIARY CARE SVCS TO INPATIENTS & OUTPATIENTS WHILE ALSO PROVIDING CLINICAL EDUCATION&ENGAGING IN CLINICAL RESEARCH.

  • THE HOSPITAL PROVIDES SIGNIFICANT LEVELS OF TERTIARY CARE AND SPECIALIZED SERVICES AND PROGRAMS TO TREAT COMPLEX CLINICAL CONDITIONS. THESE INCLUDE A COMPREHENSIVE CARDIOVASCULAR SURGERY PROGRAM, AN ENDOCRINOLOGY AND OBESITY PROGRAM, A COMPREHENSIVE HAND SURGERY PROGRAM, A RENAL TRANSPLANT PROGRAM AND ONE OF THE LARGEST INPATIENT/OUTPATIENT AIDS PROGRAMS IN NEW YORK CITY. IN ADDITION, THE HOSPITAL MAINTAINS A FULL RANGE OF OUTPATIENT SERVICES. THE HOSPITAL HAS BEEN DESIGNATED AS A TRAUMA CENTER BY THE EMERGENCY MEDICAL SYSTEM OF THE CITY OF NEW YORK AND HAS BEEN DESIGNATED AS A DEPARTMENT OF HEALTH. THE HOSPITAL SERVICED INPATIENTS AND PROVIDED 251,590 CLINIC VISITS AND 112,028 EMERGENCY ROOM VISITS. OVER 76% OF THE APPROXIMATELY 230,572 PATIENT DAYS WERE PROVIDED TO MEDICARE AND MEDICAID PATIENTS. AS A MATTER OF POLICY, THE HOSPITAL PROVIDES CARE TO ALL PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. THE HOSPITAL PROVIDED OVER $81,324,667 OF CHARITY CARE SERVICES AND INCURRED $28,414,487 BAD DEBTS DURING 2023.

    Expenses $1,581,067,459 · Grants $17,911,271 · Revenue $1,609,929,861

As filed on the 2023 return.

Listed in Part VII

  • 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 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

    TRUSTEE/VICE CHAIR/TREASURER

    Total calculated
    $0
    Hours/week
    2 + 25 related

  • RICHARD A FRIEDMAN

    TRUSTEE/CO-CHAIRMEN OF BOARD

    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

  • ANDREW SAUL

    TRUSTEE/VICE CHAIR

    Total calculated
    $0
    Hours/week
    2 + 16 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

  • 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 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

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 6 related

  • ARTHUR GIANELLI

    PRESIDENT- ST LUKE'S

    Total calculated
    $1,409,049
    From this org
    $200,562
    From related orgs
    $1,169,398
    Other
    $39,089
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $152,988 + $892,012 related
    Bonus
    $35,340 + $206,055 related
    Other
    $12,234 + $71,331 related
    Deferred
    $4,831 + $28,169 related
    Nontaxable benefits
    $891 + $5,198 related
    Filer's total
    $206,284 + $1,202,765 related

  • BETH ESSIG ESQ

    EVP, GENERAL COUNSEL

    Total calculated
    $1,878,171
    From this org
    $266,480
    From related orgs
    $1,556,226
    Other
    $55,465
    Hours/week
    8 + 52 related

    Schedule J breakdown matched by us

    Base
    $197,370 + $1,152,630 related
    Bonus
    $53,191 + $310,634 related
    Other
    $15,919 + $92,962 related
    Deferred
    $4,825 + $28,175 related
    Nontaxable benefits
    $3,284 + $19,181 related
    Filer's total
    $274,589 + $1,603,582 related

  • BONNIE M DAVIS

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related

  • CARL ICAHN

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2 + 16 related

  • DENNIS CHARNEY MD

    PRESIDENT, ACADEMIC AFFAIRS

    Total calculated
    $5,471,287
    From this org
    $777,324
    From related orgs
    $4,639,571
    Other
    $54,392
    Hours/week
    8.2 + 51.8 related

    Schedule J breakdown matched by us

    Base
    $157,850 + $942,150 related
    Bonus
    $44,198 + $263,802 related
    Other
    $575,276 + $3,433,619 related
    Deferred
    $4,736 + $28,264 related
    Nontaxable benefits
    $3,070 + $18,322 related
    Filer's total
    $785,130 + $4,686,157 related

  • EVAN FLATOW MD

    PRESIDENT- MSW

    Total calculated
    $1,766,569
    From this org
    $1,712,572
    From related orgs
    $0
    Other
    $53,997
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $900,629
    Bonus
    $236,667
    Other
    $575,276
    Deferred
    $33,000
    Nontaxable benefits
    $20,997
    Filer's total
    $1,766,569

  • 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

    EVP, SYSTEM CAO

    Total calculated
    $1,518,747
    From this org
    $216,974
    From related orgs
    $1,267,117
    Other
    $34,656
    Hours/week
    8.1 + 52 related

    Schedule J breakdown matched by us

    Base
    $150,878 + $881,122 related
    Bonus
    $39,401 + $230,099 related
    Other
    $26,695 + $155,896 related
    Deferred
    $4,825 + $28,175 related
    Nontaxable benefits
    $242 + $1,414 related
    Filer's total
    $222,041 + $1,296,706 related

  • JEREMY BOAL (END 122023) MD

    EVP, SYSTEM CMO

    Total calculated
    $1,854,642
    From this org
    $253,302
    From related orgs
    $1,511,869
    Other
    $89,471
    Hours/week
    8.3 + 51.8 related

    Schedule J breakdown matched by us

    Base
    $131,541 + $785,125 related
    Bonus
    $0
    Other
    $121,761 + $726,744 related
    Deferred
    $4,736 + $28,264 related
    Nontaxable benefits
    $8,104 + $48,367 related
    Filer's total
    $266,142 + $1,588,500 related

  • KELLY CASSANO DO

    EVP, SYS AMBULATORY OPERATION

    Total calculated
    $1,267,329
    From this org
    $66,564
    From related orgs
    $1,155,560
    Other
    $45,205
    Hours/week
    3.4 + 56.6 related

    Schedule J breakdown matched by us

    Base
    $50,065 + $799,935 related
    Bonus
    $13,493 + $215,582 related
    Other
    $3,006 + $140,043 related
    Deferred
    $1,944 + $31,056 related
    Nontaxable benefits
    $719 + $11,486 related
    Filer's total
    $69,227 + $1,198,102 related

  • KENNETH DAVIS MD

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $7,199,726
    From this org
    $1,019,340
    From related orgs
    $6,084,072
    Other
    $96,314
    Hours/week
    8.3 + 51.7 related

    Schedule J breakdown matched by us

    Base
    $530,950 + $3,169,050 related
    Bonus
    $215,250 + $1,284,750 related
    Other
    $273,140 + $1,630,272 related
    Deferred
    $4,736 + $28,264 related
    Nontaxable benefits
    $9,086 + $54,228 related
    Filer's total
    $1,033,162 + $6,166,564 related

  • MARGARET PASTUSZKO

    EVP, SYSTEM CHIEF STRATEGY OFF

    Total calculated
    $2,493,286
    From this org
    $347,816
    From related orgs
    $2,075,987
    Other
    $69,483
    Hours/week
    7.8 + 52.3 related

    Schedule J breakdown matched by us

    Base
    $251,125 + $1,498,875 related
    Bonus
    $67,678 + $403,947 related
    Other
    $29,013 + $173,165 related
    Deferred
    $4,736 + $28,264 related
    Nontaxable benefits
    $5,235 + $31,248 related
    Filer's total
    $357,787 + $2,135,499 related

  • MICHAEL PASTIER

    SVP, CHIEF FINANCIAL OFFICER

    Total calculated
    $1,473,210
    From this org
    $317,966
    From related orgs
    $1,071,744
    Other
    $83,500
    Hours/week
    12.8 + 47.2 related

    Schedule J breakdown matched by us

    Base
    $212,784 + $717,216 related
    Bonus
    $39,640 + $133,610 related
    Other
    $65,542 + $220,918 related
    Deferred
    $7,550 + $25,450 related
    Nontaxable benefits
    $11,554 + $38,946 related
    Filer's total
    $337,070 + $1,136,140 related

  • STEPHEN HARVEY

    EVP, SYSTEM CFO

    Total calculated
    $2,107,872
    From this org
    $296,208
    From related orgs
    $1,729,840
    Other
    $81,824
    Hours/week
    7.6 + 52.4 related

    Schedule J breakdown matched by us

    Base
    $175,440 + $1,024,560 related
    Bonus
    $57,131 + $333,644 related
    Other
    $63,637 + $371,636 related
    Deferred
    $4,825 + $28,175 related
    Nontaxable benefits
    $7,138 + $41,686 related
    Filer's total
    $308,171 + $1,799,701 related

  • FRANK CINO

    SVP, SYSTEM CHIEF RISK OFFICER

    Total calculated
    $823,989
    From this org
    $112,197
    From related orgs
    $654,174
    Other
    $57,618
    Hours/week
    8.5 + 51.5 related

    Schedule J breakdown matched by us

    Base
    $87,840 + $512,160 related
    Bonus
    $20,291 + $118,309 related
    Other
    $4,066 + $23,705 related
    Deferred
    $4,831 + $28,169 related
    Nontaxable benefits
    $3,604 + $21,014 related
    Filer's total
    $120,632 + $703,357 related

  • BRIAN RADBILL

    CHIEF MEDICAL OFFICER

    Total calculated
    $743,805
    From this org
    $677,567
    From related orgs
    $0
    Other
    $66,238
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $575,000
    Bonus
    $88,550
    Other
    $14,017
    Deferred
    $33,000
    Nontaxable benefits
    $33,238
    Filer's total
    $743,805

  • Helbert S De Castro

    First Assistant Cardiac Surgery

    Total calculated
    $515,146
    From this org
    $472,866
    From related orgs
    $0
    Other
    $42,280
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $232,426
    Bonus
    $0
    Other
    $240,440
    Deferred
    $10,621
    Nontaxable benefits
    $31,659
    Filer's total
    $515,146

  • Lisa Grossman

    CHIEF ADMINISTRATIVE OFFICER

    Total calculated
    $729,303
    From this org
    $667,001
    From related orgs
    $0
    Other
    $62,302
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $530,000
    Bonus
    $105,875
    Other
    $31,126
    Deferred
    $26,400
    Nontaxable benefits
    $35,902
    Filer's total
    $729,303

  • TIMOTHY DAY

    Chief Opreation Officer

    Total calculated
    $754,084
    From this org
    $699,676
    From related orgs
    $0
    Other
    $54,408
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $576,039
    Bonus
    $110,888
    Other
    $12,749
    Deferred
    $26,400
    Nontaxable benefits
    $28,008
    Filer's total
    $754,084

  • TRACY BREEN

    SVP & CHIEF MEDICAL OFFICER

    Total calculated
    $807,346
    From this org
    $740,592
    From related orgs
    $0
    Other
    $66,754
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $608,333
    Bonus
    $93,683
    Other
    $38,576
    Deferred
    $33,000
    Nontaxable benefits
    $33,754
    Filer's total
    $807,346

  • ARTHUR KLEIN MD

    FORMER OFFICER

    Total calculated
    $600,000
    From this org
    $147,480
    From related orgs
    $452,520
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $147,480 + $452,520 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $147,480 + $452,520 related

  • BURTON P DRAYER

    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, 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
  • 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 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'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 YORK EYE AND EAR INFIRMARY. (3) 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.

  • SLRHC 425 WEST 59TH ST CONDO LLC

    NY · income $10,648,581 · assets $49,127,196

    Directly controlled by SLR

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202443169349305989

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.