Mount Sinai Eldercare Inc
- Assets
- $3.9m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- Data as of
- 12/2022
- EIN
- 86-1888783
Organization Overview
Mount Sinai Eldercare Inc is located in Miami Beach, FL. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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. Mount Sinai Eldercare Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO AID SENIORS IN REMAINING IN THE COMMUNITY THROUGH TEAM-BASED, QUALITY CARE AND SUPPORT THAT ADDRESSES THEIR INDIVIDUAL NEEDS AND PREFERENCES WITH PROFESSIONALISM AND COMPASSION.
Describe the Organization's Program Activity:
MOUNT SINAI ELDERCARE, INC. CONTINUED ITS STARTUP PHASE AND WAS NOT OPERATIONAL IN 2022. IN 2022, MOUNT SINAI ELDERCARE, INC. COMPLETED ITS READINESS REVIEW AUDIT CONDUCTED BY CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS) AND TO FLORIDA'S AGENCY FOR HEALTH CARE ADMINISTRATION MEDICAID DIVISION. MOUNT SINAI ELDERCARE, INC. IS PROJECTING TO RECEIVE FULL APPROVAL IN MARCH OF 2023 AND WILL THEN BEGIN TO ENROLL SENIORS INTO ITS PACE PROGRAM. ENROLLMENTS ARE PROJECTED TO BEGIN IN SEPTEMBER 2023. AT THIS TIME, WE EXPECT TO ENROLL FIVE NEW PARTICIPANTS PER MONTH TO REACH A CENSUS OF 60 PARTICIPANTS IN TWELVE MONTHS. THE INTERDISCIPLINARY TEAM WILL WORK TOGETHER TO DEVELOP A COMPREHENSIVE CARE PLAN FOR EACH PARTICIPANT FOCUSED ON MEETING THEIR INDIVIDUAL HEALTH GOALS WHILE AIDING THEM TO CONTINUE TO LIVE SAFELY IN THE COMMUNITY AND AVOIDING NURSING HOME PLACEMENT. THE MEDICAL AND SOCIAL SERVICES PROVIDED BY ELDERCARE INCLUDES ADULT DAYCARE, HOME HEALTH SERVICES, TRANSPORTATION, HOME DELIVERED MEALS, REHABILITATIVE THERAPY, PRESCRIPTION MEDICATIONS, AND ACCESS TO MOUNT SINAI PRIMARY CARE AND SPECIALTY CARE PHYSICIANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gino Santorio President/ceo | OfficerTrustee | 0.5 | $0 |
Robert Goldszer MD Senior Vp/cmo | OfficerTrustee | 3 | $0 |
Alexander A Mendez Executive Vp/cfo | OfficerTrustee | 0.5 | $0 |
Angel Pallin Senior Vp/coo | OfficerTrustee | 3 | $0 |
Lynda Barcelo VP Mgn Care & Pop Health | OfficerTrustee | 15 | $0 |
Neisen Kasdin Community Representative | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $212,040 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,117 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,892 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,110 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $228,752 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $721,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,800 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,881,951 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,883,751 |
| Accounts payable and accrued expenses | $17,294 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,294 |
| Net assets without donor restrictions | $3,866,457 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,883,751 |