Skip to content
Nonprofiteer
← MOUNT SINAI ELDERCARE INC

Form 990 for tax year 2023

Filed by MOUNT SINAI ELDERCARE INC.

Totals

Total revenue
$434,609
Total expenses
$2,481,100
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$434,609
Investment income
$0
Other revenue
$0
Total assets, end of year
$4,189,160
Total liabilities, end of year
$51,200
Net assets or fund balances, end of year
$4,137,960
Program services expenses (Part IX)
$704,367
Management and general expenses
$1,776,733
Fundraising expenses
$0
Program service expenses (Part III)
$704,367

Program services were 28.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GINO SANTORIO

    PRESIDENT/CEO

    Total calculated
    $1,934,421
    From this org
    $0
    From related orgs
    $1,860,277
    Other
    $74,144
    Hours/week
    0.5 + 61 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,498,386 related
    Bonus
    $0 + $350,000 related
    Other
    $0 + $11,891 related
    Deferred
    $0 + $29,850 related
    Nontaxable benefits
    $0 + $44,294 related
    Filer's total
    $0 + $1,934,421 related

  • ROBERT GOLDSZER MD

    SENIOR VP/CMO (END 2/23)

    Total calculated
    $692,444
    From this org
    $0
    From related orgs
    $604,768
    Other
    $87,676
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $441,836 related
    Bonus
    $0 + $101,810 related
    Other
    $0 + $61,122 related
    Deferred
    $0 + $59,850 related
    Nontaxable benefits
    $0 + $27,826 related
    Filer's total
    $0 + $692,444 related

  • ALEXANDER A MENDEZ

    EXECUTIVE VP/CFO

    Total calculated
    $1,466,566
    From this org
    $0
    From related orgs
    $1,366,300
    Other
    $100,266
    Hours/week
    0.5 + 60.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $700,354 related
    Bonus
    $0 + $300,000 related
    Other
    $0 + $365,946 related
    Deferred
    $0 + $59,850 related
    Nontaxable benefits
    $0 + $40,416 related
    Filer's total
    $0 + $1,466,566 related

  • ANGEL PALLIN

    SENIOR VP/COO

    Total calculated
    $730,281
    From this org
    $0
    From related orgs
    $627,165
    Other
    $103,116
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $0 + $399,355 related
    Bonus
    $0 + $137,165 related
    Other
    $0 + $90,645 related
    Deferred
    $0 + $59,850 related
    Nontaxable benefits
    $0 + $43,266 related
    Filer's total
    $0 + $730,281 related

  • NEISEN KASDIN

    COMMUNITY REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    0

  • LYNDA BARCELO

    VP MGN CARE & POP HEALTH

    Total calculated
    $340,326
    From this org
    $0
    From related orgs
    $289,264
    Other
    $51,062
    Hours/week
    15 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $246,154 related
    Bonus
    $0 + $42,840 related
    Other
    $0 + $270 related
    Deferred
    $0 + $29,850 related
    Nontaxable benefits
    $0 + $21,212 related
    Filer's total
    $0 + $340,326 related

  • STEVEN SONENREICH

    FORMER PRESIDENT

    Total calculated
    $1,084,684
    From this org
    $0
    From related orgs
    $1,084,684
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $900,000 related
    Bonus
    $0
    Other
    $0 + $184,684 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,084,684 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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 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
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION'S PRESIDENT/CEO IS EMPLOYED BY MOUNT SINAI MEDICAL CENTER OF FLORIDA, INC. (EIN: 59-0624424), A RELATED PARTY THAT HAS BEEN RECOGNIZED AS TAX EXEMPT AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A RESULT, THE ORGANIZATION RELIED ON THE METHODS OF ESTABLISHING COMPENSATION USED BY MOUNT SINAI MEDICAL CENTER OF FLORIDA, INC. THE FOLLOWING METHODS WERE USED TO ESTABLISH SUCH COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Part I'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.

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.

Related corporations and trusts

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

  • MT SINAI MED CTR OF FL GUARANTEE CORP

    C · INSURANCE · CJ

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202403209349301210

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.