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EIN 82-3994798

Mount Sinai Health System Self Insurance Trust

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
2018
Most recent tax filings
2022-12-01
NTEE code, primary
E11: Health Care Single Organization Support
Description
The Mount Sinai Health System Self Insurance Trust operates as a self-insurance program that settles healthcare patient claims arising from medical malpractice liability and hospital professional liability claims against the members of the Mount Sinai H. It provides payments for settling health care claims related to professional negligence, excess insurance premiums, and other miscellaneous expenses for actuarial expenses.
Total revenues
$59,869,618
2022
Total expenses
$127,690,751
2022
Total assets
$382,755,130
2022
Num. employees
0
2022

Program areas at Mount Sinai Health System Self Insurance Trust

Payments from the Trust for settling Health care claims asserting professional negligence; including excess Insurance premiums for claims exceeding the Self Insurance retention and other miscellaneous expenses realted to the program for actuarial expenses.

Who funds Mount Sinai Health System Self Insurance Trust

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Martin and Toni Sosnoff FoundationCharitable$450,000
Clearing Corporation Charitable FoundationTo Further the Mission of the Donee$350,000
The Bahnik FoundationGeneral Purposes$25,000
...and 8 more grants received

Personnel at Mount Sinai Health System Self Insurance Trust

NameTitle
Stephen HarveyExecutive Vice President , System Chief Financial Officer

Financials for Mount Sinai Health System Self Insurance Trust

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$90,700,683
Investment income and dividends$-30,831,065
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$59,869,618

Form 990s for Mount Sinai Health System Self Insurance Trust

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-11990View PDF
2020-122021-11-14990View PDF
2019-122021-03-02990View PDF
2018-122021-04-02990View PDF
...and 1 more Form 990

Organizations like Mount Sinai Health System Self Insurance Trust

OrganizationLocationRevenue
Cedars-Sinai Health SystemLos Angeles, CA$41,249,210
Ascension St Vincent FoundationSt Louis, MO$16,290,795
Texas Essential Healthcare Partnerships FoundationAustin, TX$237,072,039
Indiana University Health FoundationIndianapolis, IN$33,271,162
Henry Ford Health System FoundationDetroit, MI$32,010,107
WMC Public Benefit CorporationLouisville, MS$44,422,990
MGB Pooled Holdings LLCSomerville, MA$272,820,546
Texas Children's Hospital FoundationBellaire, TX$65,346,352
Robert Wood Johnson Health NetworkOceanport, NJ$67,610,455
South Shore Health SystemSouth Weymouth, MA$163,849,993
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $450,000 from Martin and Toni Sosnoff Foundation
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Received grants
Identified 3 new grant, including a grant for $10,000 from The Koch Ellis Fund
September 26, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from The Bahnik Foundation
August 19, 2023
Received grants
Identified 8 new grant, including a grant for $100,000 from The Jill and Mark Fishman Foundation
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationOperates internationallyState / local levelTax deductible donationsNo full-time employees
General information
Address
150 E 42nd St
New York, NY 10017
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Phone
(212) 891-0700
IRS details
EIN
82-3994798
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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