2024-11-11T18:10:02+00:00 2023-12-31 346565596 ERNST & YOUNG US LLP ONE MANHATTAN WEST NEW YORK NY 100018604 990 2023-01-01 822536805 East 98th Street Community Services Inc EAST 6466054002 1 Gustave Levy Place 1099 New York NY 10029 Stephen Harvey Officer 6466054002 2024-11-12 true Nicole Sokolowski P01683199 2127733000 2024-11-12 2023 2024-10-15 13:58:12Z X STEPHEN HARVEY 150 E 42ND STREET NEW YORK NY 10017 1853214 false X N/A X 2017 NY It is the mission of the 5 East 98th Street, LLC Ambulatory Surgery Center (ASC) to provide high-quality ambulatory surgical services considerate of the specific needs of individual patients in the NY metro area. 3 0 0 0 0 0 0 1853214 0 0 0 1853214 0 0 1706550 0 0 913817 2620367 0 -767153 0 0 0 767153 0 -767153 The mission statement for the 5 East 98th Street, LLC Ambulatory Surgery Center (ASC) emphasizes providing high-quality ambulatory surgical care that meets the specific needs of each patient. The center is committed to: (1) Maintaining a safe and efficient environment with skilled staff and quality equipment. (2) Serving the local community, including those who are uninsured or unable to pay. (3) Promoting accessibility for all, especially underserved populations, by offering culturally sensitive and affordable care. (4) Encouraging feedback to improve service and accessibility. false false 2620367 1853214 0 The ASC provides high-quality outpatient surgical care across multiple specialties including general surgery, plastic and reconstructive surgery, otolaryngology, colorectal surgery, gynecology, and pediatric surgery. The center offers a safe, efficient, and patient-centered environment where skilled physicians, nurses, and support staff deliver same-day surgical services to improve health outcomes. In 2023, the ASC served over 750 patients, providing accessible care that minimizes the need for hospital-based surgeries. The ASC received Medicaid approval in the third quarter of 2023 and has since begun enrollment with managed Medicaid plans. This will allow the center to expand access to essential surgical services for Medicaid patients beginning in 2024, supporting our mission to improve healthcare accessibility for underserved populations. 2620367 true false false false false false false false false false false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false true true true true false false true 0 0 0 false false false false false false false false false false false false X 3 0 false false false false true true true true true false false true true true true true true false false false NY X Matthew Rosamond 2122414440 150 E 42nd Street 9th Floor New York NY 10017 KELLY CASSANO TRUSTEE 0.5 59.5 X X 0 1222124 45205 MICHAEL MARIN TRUSTEE/CHAIRMAN 0.5 59.5 X X 0 2543297 49582 STEPHEN HARVEY TRUSTEE/TREASURER 0.5 59.5 X X 0 2026048 81824 0 5791469 176611 0 false true false 0 0 Ambulatory Health Care Services 621000 1853214 1853214 0 0 0 0 1853214 0 0 0 0 0 0 0 0 0 1853214 1853214 0 0 1309045 1309045 92722 92722 180022 180022 124761 124761 75239 75239 0 0 0 0 25851 25851 804658 804658 8069 8069 0 0 2620367 2620367 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 767153 0 767153 X -767153 0 -767153 0 0 -767153 0 X false false false X 767153 767153 false false false false false false false false false STEPHEN HARVEY TRUSTEE/TREASURER 0 1200000 0 390775 0 435273 0 33000 0 48824 0 2107872 0 0 KELLY CASSANO TRUSTEE 0 850000 0 229075 0 143049 0 33000 0 12205 0 1267329 0 0 MICHAEL MARIN TRUSTEE/CHAIRMAN 0 280000 0 150000 0 2113297 0 28000 0 21582 0 2592879 0 0 Schedule J, Part I, Line 3 METHODS TO ESTABLISH COMPENSATION BY RELATED ORGANIZATION THE FOLLOWING METHODS ARE USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. SUPPLEMENTAL INFORMATION COMPENSATION FOOTNOTES: OFFICERS OF THE BOARD OF TRUSTEES HOURS REFLECT SERVICE TO ALL RELATED ORGANIZATIONS OF MOUNT SINAI HEALTH SYSTEM. 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. Schedule J, Part II PART VII, SECTION A COMPENSATION FOOTNOTES (1) 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. Form 990, Part VI, Line 6 Classes of members or stockholders THE ORGANIZATION HAS A SINGLE CORPORATE MEMBER, MOUNT SINAI HEALTH SYSTEM, INC., WHICH IS A NOT-FOR-PROFIT CORPORATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE SOLE CORPORATE MEMBER ELECTS THE GOVERNING BODY OF THE ORGANIZATION. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE MEMBER MUST APPROVE ANY AMENDMENTS TO THE BYLAWS OF THE ORGANIZATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FINANCE DEPARTMENT GATHERED THE RELEVANT INFORMATION AND PREPARED THE TAX RETURNS. THE TAX DEPARTMENT OF OUR INDEPENDENT ACCOUNTANTS, ERNST AND YOUNG (EY), PARTICIPATED IN THE PREPARATION OF, AND REVIEWED, ALL TAX RETURNS. A QUESTIONNAIRE WAS CIRCULATED TO ALL TRUSTEES, DIRECTORS, OFFICERS AND KEY EMPLOYEES IN ORDER TO ELICIT THE INFORMATION REQUIRED TO BE REPORTED ON THE TAX RETURNS. THE TRUSTEE CONFLICTS OF INTEREST REVIEW COMMITTEE REVIEWED THE RESPONSES PROVIDED BY TRUSTEES AND CERTAIN OFFICERS IN THE QUESTIONNAIRES AND ASSESSED ADDITIONAL PERTINENT FACTS GATHERED BY THE INSTITUTION IN ORDER TO EVALUATE THE APPLICABILITY OF IRS REPORTING REQUIREMENTS. THE REVIEWCOMMITTEE THEN DETERMINED THE APPROPRIATE TRUSTEE (AND CERTAIN OFFICER) DISCLOSURES THAT SHOULD BE MADE ON FORM 990 BASED ON THE RECOMMENDATIONS OF THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE AND THE AUDIT AND COMPLIANCE DEPARTMENT. THESE RECOMMENDATIONS WERE REVIEWED AND APPROVED BY EY. THE SAME PROCESS WAS CONDUCTED BY THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, THE AUDIT AND COMPLIANCE DEPARTMENT AND EY WITH RESPECT TO THE QUESTIONNAIRES SUBMITTED BY OTHER OFFICERS AND KEY EMPLOYEES. THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTED A REVIEW OF THE ENTIRE TAX RETURN, WITH THE PARTICIPATION OF EY, THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, AND THE AUDIT AND COMPLIANCE DEPARTMENT. THE AUDIT COMMITTEE APPROVED THE TAX RETURNS AS PRESENTED. THE AUDIT COMMITTEE'S REPORT OF ITS REVIEW OF THE TAX RETURNS AND ITS RECOMMENDATION TO FILE THE RETURNS WERE PRESENTED TO, AND ACCEPTED BY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES (THE "EXECUTIVE COMMITTEE"). IN ADDITION TO AUTHORIZING THE FILING OF THE TAX RETURNS, THE EXECUTIVE COMMITTEE DIRECTED THAT THE RETURNS, WHICH WILL BE FILED ON OR BEFORE NOVEMBER 15, 2024, BE PROVIDED TO ALL TRUSTEES VIA THE TRUSTEES' CONFIDENTIAL WEBSITE, AND THOSE RETURNS WERE SO PROVIDED BEFORE BEING FILED. Form 990, Part VI, Line 12c Conflict of interest policy MONITORING & ENFORCING COMPLIANCE WITH THE POLICY COMPLIANCE WITH THE ORGANIZATION'S BUSINESS CONFLICTS OF INTEREST POLICY (THE POLICY) IS REQUIRED OF TRUSTEES, EMPLOYEES, MEDICAL STAFF AND NON-EMPLOYEE MEMBERS OF INSTITUTIONAL COMMITTEES AND INCLUDES AN ONGOING DUTY TO DISCLOSE POTENTIAL CONFLICTS. COMPLIANCE WITH THE POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ALL DISCLOSURES WITH THE POTENTIAL FOR CONFLICT ARE REVIEWED BY AN APPROPRIATE COMMITTEE WHERE THEY ARE CAREFULLY EVALUATED. WHEN APPROPRIATE, A PLAN, WHICH MAY INVOLVE MEASURES INCLUDING, BUT NOT LIMITED TO, RECUSAL FROM PARTICIPATING IN AFFECTED TRANSACTIONS, IS DEVELOPED TO MANAGE THE POTENTIAL CONFLICT. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE ORGANIZATION MAKES ITS BUSINESS CONFLICTS OF INTEREST POLICY AVAILABLE ON ITS WEBSITE (WWW.MOUNTSINAI.ORG) AND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. 5 East 98th Street LLC 1 GUSTAVE LEVY PLACE BOX 4500 NEW YORK NY 10029 822550234 AMB SRGY CNTR NY 0 0 EAST 98TH STREET COMMUNITY SERVICES INC THE MOUNT SINAI MEDICAL CENTER INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136271888 SUPPORT NY 501(c)(3) Type II MSHS false THE MOUNT SINAI HOSPITAL ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 131624096 HOSPITAL NY 501(c)(3) 3 MSHG false THE MOUNT SINAI CHILDREN'S CENTER FND ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 223059294 SUPPORT NY 501(c)(3) Type I ISMMS true MSMC REALTY CORPORATION ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 133852596 REAL ESTATE NY 501(c)(3) Type I SEE PART VII true MSMC RESIDENTIAL REALTY LLC 1425 MADISON AVENUE NEW YORK NY 10029 200244426 REAL ESTATE NY 501(c)(3) Type I SEE PART VII true MSMC RESIDENTIAL REALTY MANAGER INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 201289396 MGMT NY 501(c)(3) Type II SEE PART VII true VALENTIN FUSTER MT SINAI FND SCI HLTH ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 800952088 SUPPORT NY 501(c)(3) Type I ISMMS & MSH true MOUNT SINAI HEALTH SYSTEM INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 464248304 HOLDING CO NY 501(c)(3) Type II NA false MOUNT SINAI HOSPITALS GROUP INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 464242915 HOLDING CO NY 501(c)(3) Type II MSHS false ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 136171197 SCHOOL NY 501(c)(3) 2 MSHS false CONTINUUM HEALTH PARTNERS INC 150 EAST 42ND STREET NEW YORK NY 10017 133939476 HOLDING CO NY 501(c)(3) Type I NA false BIMC HOLDING CORPORATION FIRST AVENUE AT 16TH STREET NEW YORK NY 10003 133444730 HOLDING CO NY 501(c)(3) Type I BIMC true MOUNT SINAI AMBULATORY VENTURES INC 150 EAST 42ND STREET NEW YORK NY 10017 133838460 SURGICENTER NY 501(c)(3) 3 MSHS true BI NURSING HOME COMPANY 327 EAST 17TH STREET NEW YORK NY 10003 133627753 NURSING HOME NY 501(c)(3) 3 BIMC HOLDCO true EAST 17TH STREET PROPERTIES INC 150 EAST 42ND STREET NEW YORK NY 10017 133547502 REAL ESTATE NY 501(c)(3) 10 BIMC HOLDCO true THE LONG ISLAND COLLEGE HOSPITAL 150 EAST 42ND STREET NEW YORK NY 10017 111018985 HOSPITAL NY 501(c)(3) 3 CHP false ST LUKE'S-ROOSEVELT HOSPITAL CENTER 1111 AMSTERDAM AVENUE NEW YORK NY 10025 132997301 HOSPITAL NY 501(c)(3) 3 MSHG false AUGUSTUS & JAMES CORPORATION 150 E 42ND STREET NEW YORK NY 10017 133392851 REAL ESTATE NY 501(c)(3) Type I SLR true ST LUKE'S-ROOSEVELT INSTITUTE FOR HEALTH 1111 AMSTERDAM AVENUE NEW YORK NY 10025 132914343 RESEARCH NY 501(c)(3) 4 SLR true NEW YORK EYE AND EAR INFIRMARY 310 EAST 14TH STREET NEW YORK NY 10003 135562304 HOSPITAL NY 501(c)(3) 3 MSHG false NEW YORK EYE & EAR INFIRMARY FNDN 310 EAST 14TH STREET NEW YORK NY 10003 134012469 PRIVATE FDN NY 501(c)(3) PF NYEE true NYEEI HOUSING COMPANY INC 317-327 EAST 13TH STREET NEW YORK NY 10003 311696826 REAL ESTATE NY 501(c)(2) NYEE true BETH ISRAEL MEDICAL CENTER FDN INC 150 EAST 42ND STREET NEW YORK NY 10017 300571387 FUNDRAISING NY 501(c)(3) 7 BIMC true ST LUKE'S-ROOSEVELT HOSPITAL CENTER FDN 150 EAST 42ND STREET NEW YORK NY 10017 300571390 FUNDRAISING NY 501(c)(3) 7 SLR true BETH ISRAEL MEDICAL CENTER FIRST AVENUE AT 16TH STREET NEW YORK NY 10003 135564934 HOSPITAL NY 501(c)(3) 3 MSHG false MOUNT SINAI HEALTH PARTNERS PC 150 EAST 42ND STREET 5TH FLR NEW YORK NY 10017 812057452 HEALTHCARE NY 501(c)(3) 10 MSH true SOUTH NASSAU COMMUNITIES HOSPITAL INC ONE HEALTHY WAY OCEANSIDE NY 11572 111352310 HOSPITAL NY 501(c)(3) 3 MSHG false MOUNT SINAI SELF INSURANCE TRUST 150 EAST 42ND STREET NEW YORK NY 10017 823994798 SUPPORT NY 501(c)(3) Type II MSHS false MITRAL FOUNDATION 1190 FIFTH AVENUE NEW YORK NY 10029 800468600 RESEARCH NY 501(c)(3) Type I ISMMS true BACHMANN-STRAUSS DYSTONIA FOUNDATION INC 150 EAST 42ND STREET NEW YORK NY 10017 133804248 FUNDRAISING NY 501(c)(3) Type II MSHS true CARE CONTINUUM VENTURES INC ONE GUSTAVE L LEVY PLACE NEW YORK NY 10029 863155355 SUPPORT NY 501(c)(3) Type II MSHS true MSS HEALTH PC 150 EAST 42ND STREET 5E-32 NEW YORK NY 10017 862530666 HEALTHCARE NJ 501(c)(3) 10 MSH true MANHATTAN MANAGEMENT SERVICES 1780 BROADWAY 7TH FL NEW YORK NY 10019 133618543 MGMT SERVICES NY SLR C Corporation false SLR MANAGEMENT SERVICES 150 EAST 42ND STREET NEW YORK NY 10017 133853145 MGMT SERVICES NY SLR C Corporation false MOUNT SINAI HC VENTURES 150 EAST 42ND STREET NEW YORK NY 10017 460953126 HEALTH CARE MGMT NY BIMC HOLDCO C Corporation false MSHS VACCINE COMPANY 1209 ORANGE STREET WILMINGTON DE 19801 874250003 CLINICAL LAB DE ISMMS C Corporation false KANTARO BIOSCIENCES LLC 1460 BROADWAY NEW YORK NY 10036 851089445 CLINICAL LAB NY ISMMS C Corporation false PROHEALTH MOUNT SINAI MSO LLC 2322 30TH AVE ASTORIA NY 111023255 844995364 MGMT SERVICES NY MS NETWORK C Corporation false false false false false false false false false false false false false false false true true true false false ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI O 1430337 COST ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI Q 913817 COST ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI P 1853214 COST Schedule R, Part II, Column (f) LINE 4 - MSMC REALTY CORPORATION DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL AND MOUNT SINAI MEDICAL CENTER ARE ALL MEMBERS OF THIS ENTITY. Schedule R, Part II, Column (f) LINE 5 - MSMC RESIDENTIAL REALTY LLC DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, THE MSMC REALTY CORPORATION AND THE MSMC RESIDENTIAL REALTY MANAGER, INC. ARE ALL MEMBERS OF THIS ENTITY. Schedule R, Part II, Column (f) LINE 6 - MSMC RESIDENTIAL REALTY MANAGER, INC DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL AND MOUNT SINAI MEDICAL CENTER ARE ALL MEMBERS OF THIS ENTITY.