Overview
What is Mount Sinai Hospital Medical Center?
Mount Sinai Hospital Medical Center, located in Chicago, Illinois, is a 319-bed acute care and teaching hospital affiliated with the Jewish Federation of Metropolitan Chicago. Established in 1919, the hospital is an integral part of the Sinai Health System's commitment to improving the health of the communities it serves. Mount Sinai provides a full spectrum of medical, surgical, pediatric, perinatal, intensive care, emergency, maternal child, and psychiatric services. The hospital's emergency department is one of four Level I trauma centers in Chicago. With a strong focus on charitable care, Mount Sinai provided $24,395,816 in care to patients who were unable to pay for services in fiscal year 2021. As part of its mission, the hospital has launched initiatives to address specific health issues, such as the Sinai Urban Health Institute, which conducts groundbreaking research on health disparities and other threats facing low-income minority populations. The hospital has garnered numerous accreditations and awards for its exceptional care and services. Mount Sinai's mission is to improve the health of individuals and communities by providing comprehensive medical services and aspiring to be a national model for urban healthcare.
Official website here: www.sinaichicago.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Mount Sinai Hospital Medical Center has received a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The overall score is mainly driven by its strong performance in accountability and finance metrics, which reflects the organization's commitment to transparency and responsible management of resources.
One of the notable strengths of Mount Sinai is its high percentage of independent board members, which stands at 95%, ensuring unbiased governance. Additionally, the hospital has received full points for its financial statements, audit oversight, and the absence of any material diversion of assets. These factors contribute to a strong foundation for trust and reliability in their operations.
However, while the organization has demonstrated effective financial management and transparency, the score is solely based on the accountability and finance beacon. This suggests that there may be limited information regarding other operational aspects, such as program effectiveness or community impact, which are not factored into the current rating.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Sinai Hospital Medical Center legitimate?
Mount Sinai Hospital Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Sinai Hospital Medical Center 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: $5,013,370
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,884,153
For more financial information, click here
Official website here: www.sinaichicago.org
What is the mission statement of Mount Sinai Hospital Medical Center?
Mount Sinai Hospital Medical Center, as part of Sinai Health System, is dedicated to enhancing the health of the individuals and communities it serves. With a comprehensive range of medical, surgical, pediatric, psychiatric, and intensive care services, the hospital aims to be a national model for urban healthcare delivery. The institution's mission extends to providing significant portions of total medical services to underinsured or unable-to-afford care communities. Charity care, totaling $24.4 million in 2021, plays a crucial role in fulfilling this commitment. In addition to patient care, Mount Sinai Hospital is actively engaged in community outreach and research through initiatives like the Sinai Urban Health Institute, which addresses health disparities affecting low-income minority populations.
Official website here: www.sinaichicago.org
Who is the CEO of Mount Sinai Hospital Medical Center?
Ngozi Ezike Md is the CEO of Mount Sinai Hospital Medical Center The CEO's salary of Mount Sinai Hospital Medical Center is $489,834 and their total compensation is $490,509.
Official website here: www.sinaichicago.org
What is the revenue of Mount Sinai Hospital Medical Center?
Mount Sinai Hospital Medical Center's revenue in 2023 was $426,368,743.
Official website here: www.sinaichicago.org
Who are the executives of Mount Sinai Hospital Medical Center and what are their salaries?
The average compensation at Mount Sinai Hospital Medical Center during 2023 was $54,842. There are 2168 employees and 133 volunteers at Mount Sinai Hospital Medical Center.
Here are 42 key members and their salaries (Mount Sinai Hospital Medical Center's CEO's salary is $489,834 and their total compensation is $490,509):
- Compensation: $1,323,282
- Related: $0
- Other: $15,823
- Compensation: $489,834
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- Other: $675
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- Compensation: $25,815
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- Compensation: $348,093
- Related: $0
- Other: $2,343
- Compensation: $724,824
- Related: $0
- Other: $28,156
- Compensation: $605,458
- Related: $0
- Other: $28,562
- Compensation: $872,671
- Related: $0
- Other: $33,413
- Compensation: $511,878
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- Other: $3,284
- Compensation: $504,183
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- Other: $16,461
- Compensation: $312,702
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- Other: $22,354
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- Compensation: $360,722
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- Compensation: $347,106
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- Other: $11,754
- Compensation: $356,586
- Related: $0
- Other: $30,319
- Compensation: $285,980
- Related: $0
- Other: $10,882
- Compensation: $293,005
- Related: $0
- Other: $6,820
Official website here: www.sinaichicago.org
Where can I find the form 990 for Mount Sinai Hospital Medical Center?
Mount Sinai Hospital Medical Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sinaichicago.org
Learn more at the official website: www.sinaichicago.org
Mission Statement of Mount Sinai Hospital Medical Center
Mount Sinai Hospital Medical Center, a member of Sinai Health System, strives to enhance the health and wellbeing of the individuals and communities it serves. With a mission rooted in providing comprehensive medical, surgical, pediatric, psychiatric, and intensive care services, Mount Sinai sets its sights on becoming a national model for urban healthcare.
The hospital's dedication to its mission is evident through its extensive range of offerings. Mount Sinai's services cater to the full spectrum of patient needs, including medical, surgical, pediatric, perinatal, intensive care, emergency, maternal child, and psychiatric care. The emergency department, one of four level I trauma centers in Chicago, is a testament to the hospital's commitment to addressing critical medical needs. Moreover, Mount Sinai provides vital charity care to uninsured and underprivileged patients, offering care that would otherwise be unaffordable.
In addition to its clinical services, Mount Sinai Hospital Medical Center invests in community outreach programs and research initiatives. The Sinai Urban Health Institute, a research organization funded and operated through Mount Sinai, conducts groundbreaking research on health disparities and various health threats affecting low-income minority populations. The hospital's involvement in these initiatives underscores its mission to improve the health of the communities it serves beyond the walls of its facility.
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Impact
October, 2024
Mount Sinai Hospital Medical Center plays a crucial role in enhancing the health of the individuals and communities it serves in Chicago. As a 319-licensed bed acute care and teaching hospital, it offers a broad spectrum of medical services, including surgical, pediatric, psychiatric, and intensive care. The hospital is particularly vital to West Side residents, providing essential care through its Level I trauma center and a variety of specialized services, such as maternal-child health and emergency care.
In fiscal year 2021, Mount Sinai demonstrated its commitment to community health by delivering over $24 million in charity care to patients unable to pay for services. This support is crucial, particularly in a region where many patients are uninsured or underinsured. Additionally, the hospital takes proactive steps towards improving community health through initiatives like the Sinai Urban Health Institute, which conducts research on health disparities and critical conditions impacting low-income minority populations, including diabetes, asthma, and HIV.
The hospital’s quality of care is recognized through numerous accolades, including awards for excellence in healthcare, accreditation for specialized programs, and achievements in stroke care. By striving to be a national model for urban healthcare delivery, Mount Sinai not only addresses immediate health needs but also works to eliminate systemic health inequities, making a lasting impact on public health in its community.
This information is meant to be a general summary of Mount Sinai Hospital Medical Center. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $262,884
- Program Service Revenue: $386,536,016
- Gross Receipts: $426,368,743
Assets and Liabilities:
- Total Assets: $313,447,319
- Total Liabilities: $271,548,271
- Net Assets: $41,899,048
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICARE AND MEDICAID
Revenue
$265,160,585
PATIENT REVENUE
Revenue
$85,600,879
PHARMACY REVENUE
Revenue
$12,636,255
CAFETERIA REVENUE
Revenue
$1,634,256
PARKING GARAGE
Revenue
$608,889
Organization Details
Founding Year
1918
Principal Officer
Dr Ngozi O Ezike Md
Website
www.sinaichicago.orgNTEE Category
Code: E220 - Health
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