Mt Sinai Medical Center
- Assets
- $2.1m
- Revenue
- $76.2k
- Investments
- $2.0m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 06/1920
- Data as of
- 12/2021
- EIN
- 34-0719181
Organization Overview
Mt Sinai Medical Center is located in Cleveland, OH. The organization was established in 1920. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mt Sinai Medical Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mt Sinai Medical Center generated $76.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $111.1k during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachary Paris Vice Chair | 1 | $0 | |
Kenneth G Hochman Secretary / Treasurer | 1 | $0 | |
Keith Libman Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,457 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,164 |
| Capital Gain Net Income | $7,164 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $27,529 |
| Total Revenue | $76,150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $15,285 |
| Interest | $0 |
| Taxes | $2,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,587 |
| Total operating and administrative expenses | $33,390 |
| Contributions, gifts, grants paid | $77,672 |
| Total expenses and disbursements | $111,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,976 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,027,783 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,053,759 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $46,873 |
| Total liabilities | $46,873 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Jeanes Hospital Philadelphia, PA | $0 | $90,864,313 |
Lehigh Valley Hospital - Coordinated Health Allentown Allentown, PA | $172,900,540 | $112,544,100 |
Bay Park Community Hospital Toledo, OH | $58,778,879 | $103,810,079 |
Joint Township District Memorial Hospital St Marys, OH | $81,862,337 | $95,172,211 |
Blue Mountain Hospital Allentown, PA | $0 | $78,395,652 |
St Agnes Continuing Care Center Newtown Square, PA | $67,369,995 | $92,613,131 |
Cameron Memorial Community Hospital Inc Angola, IN | $108,637,429 | $91,161,239 |
Primary Health Network Sharon, PA | $64,443,221 | $87,200,080 |
Whitley Memorial Hospital Inc Columbia City, IN | $159,376,222 | $103,451,903 |
Arh Mary Breckinridge Health Services Inc Lexington, KY | $97,812,617 | $88,178,472 |
Waynesboro Hospital York, PA | $151,400,285 | $80,917,137 |