Overview
What is Mount Sinai Medical Center Of Florida Inc?
Mount Sinai Medical Center of Florida Inc, located in Miami Beach, Florida, is a nonprofit organization dedicated to delivering top-notch healthcare services to a diverse community. In 2022, they provided care to over 25,000 inpatients, 260,000 outpatients, and 54,000 emergency visits in their primary and senior health target areas. Their facilities include a free-standing emergency department in Hialeah. Mount Sinai Medical Center performed almost 14,000 surgeries and welcomed nearly 2,300 infants with healthy birth weights. The mission of this esteemed institution is to offer high-quality healthcare enhanced by teaching, research, charity care, and financial responsibility. Their team of 5,469 employees is committed to this noble cause.
Official website here: www.msmc.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Mount Sinai Medical Center Of Florida Inc has received a commendable Three-Star rating, reflecting a solid accountability and finance score of 81%. This rating indicates that the organization demonstrates effective financial management and transparency, which is crucial for donor trust and support.
The nonprofit showcases significant strengths, particularly in governance and oversight, with a majority of its board members being independent and a comprehensive audit committee in place. The organization has established robust policies regarding conflicts of interest and whistleblower protections, which further enhance its accountability practices. Additionally, a high program expense ratio of 87.10% suggests that a significant portion of funding is allocated directly to its programs and services.
While the rating is positive, it is essential for potential donors to consider the overall context of the organization's performance, including any specific areas for improvement that may not be highlighted in the score. Overall, Mount Sinai Medical Center demonstrates a commitment to accountability and effective program funding.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Sinai Medical Center Of Florida Inc legitimate?
Mount Sinai Medical Center Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Sinai Medical Center Of Florida Inc 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: $11,005,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $383,129,456
For more financial information, click here
Official website here: www.msmc.com
What is the mission statement of Mount Sinai Medical Center Of Florida Inc?
Mount Sinai Medical Center of Florida Inc is committed to delivering top-notch healthcare services to a diverse community. This is achieved through various means, including teaching, research, charity care, and financial responsibility. The center served a significant number of patients in 2022, with over 25,000 inpatient admissions, almost 300,000 outpatient visits, and nearly 55,000 emergency room visits. Additionally, Mount Sinai performed almost 14,000 surgeries that met recognized standards and welcomed over 2,000 newborns with healthy birth weights. The organization's dedication to providing access to quality healthcare extends to underserved communities, ensuring each individual receives the care they need.
Official website here: www.msmc.com
Who is the CEO of Mount Sinai Medical Center Of Florida Inc?
Gino Santorio is the President/Ceo of Mount Sinai Medical Center Of Florida Inc. The CEO's salary of Mount Sinai Medical Center Of Florida Inc is $1,005,929 and their total compensation is $1,079,388.
Official website here: www.msmc.com
What is the revenue of Mount Sinai Medical Center Of Florida Inc?
Mount Sinai Medical Center Of Florida Inc's revenue in 2022 was $968,566,028.
Official website here: www.msmc.com
Who are the executives of Mount Sinai Medical Center Of Florida Inc and what are their salaries?
The average compensation at Mount Sinai Medical Center Of Florida Inc during 2022 was $72,067. There are 5469 employees at Mount Sinai Medical Center Of Florida Inc.
Here are 49 key members and their salaries (Mount Sinai Medical Center Of Florida Inc's CEO's salary is $1,005,929 and their total compensation is $1,079,388):
- Compensation: $1,697,116
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- Other: $70,628
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- Compensation: $1,344,342
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- Other: $93,781
- Compensation: $748,457
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- Other: $81,967
- Compensation: $597,034
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- Other: $92,749
- Compensation: $614,195
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- Other: $96,309
- Compensation: $540,033
- Related: $0
- Other: $96,531
- Compensation: $495,143
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- Other: $68,433
- Compensation: $395,924
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- Other: $79,002
- Compensation: $481,835
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- Other: $39,897
- Compensation: $372,509
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- Compensation: $327,928
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- Other: $87,496
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- Other: $69,287
- Compensation: $283,924
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- Other: $57,236
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- Other: $48,233
- Compensation: $269,382
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- Other: $43,251
- Compensation: $161,459
- Related: $0
- Other: $29,598
- Compensation: $234,789
- Related: $0
- Other: $49,401
- Compensation: $182,126
- Related: $0
- Other: $21,295
- Compensation: $164,188
- Related: $0
- Other: $22,464
- Compensation: $182,388
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- Other: $87,158
- Compensation: $2,448,653
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- Other: $88,809
- Compensation: $1,429,928
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- Other: $55,177
- Compensation: $1,030,068
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- Other: $33,798
- Compensation: $1,048,090
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- Other: $91,585
- Compensation: $1,014,086
- Related: $0
- Other: $66,801
- Compensation: $1,005,929
- Related: $0
- Other: $73,459
Official website here: www.msmc.com
Where can I find the form 990 for Mount Sinai Medical Center Of Florida Inc?
Mount Sinai Medical Center Of Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.msmc.com
Learn more at the official website: www.msmc.com
Mission Statement of Mount Sinai Medical Center Of Florida Inc
Mount Sinai Medical Center of Florida Inc is a renowned healthcare provider dedicated to delivering high-quality care to a diverse community. This mission is further enhanced through teaching, research, charity care, and financial responsibility.
The organization's commitment to healthcare excellence is reflected in its impressive statistics from the year 2022. Mount Sinai served a significant number of patients, with 25,134 inpatient admissions, 260,158 outpatient admissions, and 54,398 emergency care visits. To cater to specific population needs, the center also attended to 18,955 patients in its senior health target area of Aventura and 36,572 in its Hialeah free-standing emergency department. Moreover, Mount Sinai performed 13,848 surgeries that adhered to surgical care standards and welcomed 2,278 infants with healthy birth weights.
Mount Sinai's impact extends beyond the provision of healthcare services. The center's educational initiatives contribute to the advancement of medical knowledge, while its commitment to charity care ensures that individuals in need receive essential healthcare services, regardless of their financial situation. Through research, Mount Sinai strives to discover new treatments and improve existing ones, ultimately contributing to the overall health and wellbeing of the community it serves.
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Impact
October, 2024
Mount Sinai Medical Center of Florida Inc has made a significant impact on the community through its extensive healthcare services and commitment to quality care. In 2022, the center served a vast number of patients, with 25,134 inpatient admissions and 260,158 outpatient admissions. It also provided emergency care for 54,398 individuals in its primary service area, demonstrating its crucial role in addressing urgent health needs.
The center's focus on specialized care is evident in its operations, noting that it performed 13,848 surgeries, ensuring that patients receive surgical care that meets established standards. Additionally, Mount Sinai is dedicated to maternal and infant health, welcoming 2,278 infants with healthy birth weights, which reflects its commitment to supporting families and promoting healthy beginnings.
The center also prioritizes the senior community, serving 18,955 patients in its senior health target area of Aventura and managing a free-standing emergency department in Hialeah, which catered to an additional 36,572 emergency visits. This comprehensive approach highlights Mount Sinai's vital role in providing accessible healthcare and fulfilling the needs of a diverse population in Miami Beach and surrounding areas.
Through teaching, research, and charity care, Mount Sinai continues to advance healthcare quality while maintaining financial responsibility, thus ensuring the sustainability and effectiveness of its operations in the community.
This information is meant to be a general summary of Mount Sinai Medical Center Of Florida Inc. 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 2022.
- Investment Income: $3,071,245
- Program Service Revenue: $933,864,156
- Gross Receipts: $996,464,357
Assets and Liabilities:
- Total Assets: $944,774,202
- Total Liabilities: $626,418,321
- Net Assets: $318,355,881
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENU
Revenue
$698,711,310
MEDICARE/MEDICAID REVE
Revenue
$156,589,128
GRANT REVENUE
Revenue
$56,783,752
OTHER PATIENT REVENUE
Revenue
$20,403,464
PARTNERSHIP INCOME
Revenue
$1,376,502
Organization Details
Founding Year
1946
Phone
(305) 674-2032Principal Officer
Gino Santorio
Main Address
4300 ALTON ROAD, MIAMI BEACH, FL, 33140
Website
www.msmc.comNTEE Category
Code: E220 - Health
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