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The Mt Sinai Health Care Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341777878 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is The Mt Sinai Health Care Foundation?

The Mt Sinai Health Care Foundation is a nonprofit organization situated in Cleveland, Ohio. With a small workforce of seven individuals, its primary mission is to support the Jewish Federation of Cleveland by aiding local organizations and leaders in enhancing the health and well-being of both the Jewish and larger communities, ensuring a better future for generations to come. To accomplish this, the foundation engages in grant-making activities, focusing on improving the health status of residents in Greater Cleveland, Ohio.


Official website here: www.mtsinaifoundation.org

Is The Mt Sinai Health Care Foundation legitimate?

The Mt Sinai Health Care Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mt Sinai Health Care Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $611,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $379,648

For more financial information, click here


Official website here: www.mtsinaifoundation.org

What is the mission statement of The Mt Sinai Health Care Foundation?

The Mt Sinai Health Care Foundation serves as a grant maker and a supporting organization to The Jewish Federation of Cleveland. Its mission is to aid in enhancing the health and well-being of both the Jewish and general communities, ensuring improvements for future generations. The foundation fulfills this objective by engaging in grant-making activities, encouraging initiatives designed to improve the health status of residents in Greater Cleveland, Ohio. By doing so, it aligns with the purposes of The Jewish Federation of Cleveland.


Official website here: www.mtsinaifoundation.org

Who is the CEO of The Mt Sinai Health Care Foundation?

Mitchell Balk is the President of The Mt Sinai Health Care Foundation.


Official website here: www.mtsinaifoundation.org

What is the revenue of The Mt Sinai Health Care Foundation?

The Mt Sinai Health Care Foundation's revenue in 2022 was $5,570,433.


Official website here: www.mtsinaifoundation.org

Who are the executives of The Mt Sinai Health Care Foundation and what are their salaries?

The average compensation at The Mt Sinai Health Care Foundation during 2022 was $141,562. There are 7 employees and 27 volunteers at The Mt Sinai Health Care Foundation.


Here are 29 key members and their salaries:


Mitchell Balk (President)
  • Compensation: $366,954
  • Related: $0
  • Other: $65,044
Dan Cohn (Vice President)
  • Compensation: $154,368
  • Related: $0
  • Other: $17,490
Ira C Kaplan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James A Ratner (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth D Rosenberg (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Goldberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy A Paris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas W Adler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard J Bogomolny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth W Brandon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Chelm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott S Cowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl L Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Golden Jr Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J David Heller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth G Hochman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Hurwitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariely Luengo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Main Morgenstern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey L Ponsky Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Enid B Rosenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Rosskamm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald S Scherzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcy Schwartz Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter S Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott M Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne K Tobin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judge Dan A Polster (Life Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Ratner (Life Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mtsinaifoundation.org

Where can I find the form 990 for The Mt Sinai Health Care Foundation?

The Mt Sinai Health Care Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mtsinaifoundation.org

Learn more at the official website: www.mtsinaifoundation.org

Mission Statement of The Mt Sinai Health Care Foundation

The Mt Sinai Health Care Foundation serves as a grant-making organization and a supporting entity to the Jewish Federation of Cleveland (The Federation). Its mission is to assist Greater Cleveland's organizations and leaders in enhancing the health and well-being of both the Jewish and general communities, ensuring their prosperity for future generations. In alignment with this mission, the foundation engages in grant-making activities, encouraging initiatives aimed at improving the health status of the residents of Greater Cleveland, Ohio. By providing financial support to these initiatives, The Mt Sinai Health Care Foundation contributes to the overall betterment of the community's health and wellness, ensuring a brighter future for all.

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Impact




October, 2024

The Mt Sinai Health Care Foundation plays a crucial role in enhancing the health and well-being of the Greater Cleveland community. By engaging in grant making, it provides vital support to initiatives aimed at improving health outcomes for both Jewish and general residents in the area. This foundation collaborates closely with the Jewish Federation of Cleveland to encourage activities that foster better health and social conditions.

Through its commitment to supporting local organizations and community leaders, the foundation not only addresses immediate health concerns but also focuses on sustainable initiatives that will benefit future generations. Its impact is characterized by a dedication to community health, prioritizing a holistic approach to wellness that encompasses various aspects of life in Greater Cleveland.




This information is meant to be a general summary of The Mt Sinai Health Care Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,570,433 (2022)
Expenses
$8,906,997 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,458,530
  • Gross Receipts: $44,150,595

Assets and Liabilities:

  • Total Assets: $168,402,020
  • Total Liabilities: $18,591,589
  • Net Assets: $149,810,431

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Organization Details

Founding Year

1994

Principal Officer

Mitchell Balk

Main Address

10501 Euclid Ave 2nd Floor, CLEVELAND, OH, 441062204

NTEE Category

Code: E112 - Health

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