Public Charity

MOUNT SINAI MEDICAL CENTER INSURANCE TRUST

Based in MIAMI BEACH, FL, MOUNT SINAI MEDICAL CENTER INSURANCE TRUST operates as a Public Charity. The organization reported $47.0M in revenue, $47.0M in expenses, $2.5M in total assets for fiscal year 2024.

EIN: 591830065 MIAMI BEACH, FL Insurance Providers NTEE: Y20 Latest filing: 2024
Total Revenue$47.0M
Total Expenses$47.0M
Total Assets$2.5M
Grant Records0
Filing Years2019–2024

Mission

MT. SINAI MEDICAL CENTER INSURANCE TRUST IS A SELF-INSURANCE TRUST THAT HAS BEEN SET UP TO COVER MALPRACTICE AND GENERAL LIABILITY CLAIMS FILED AGAINST MT. SINAI MEDICAL CENTER OF FLORIDA, INC.

Where $100 goes at Mount Sinai Medical Center Insurance Trust

How Mount Sinai Medical Center Insurance Trust divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Mt
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

EXECUTIVE VP/CFO Alexander A Mendez
SENIOR VP/GEN COUNSEL Arnold Jaffee
PRESIDENT/CEO Gino Santorio
FORMER PRESIDENT/CEO Steven D Sonenreich

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $47.0M $47.0M $2.5M
2023 $16.1M $16.1M $2.5M
2022 $17.1M $14.8M $2.5M
2020 $9.9M $10.1M $2.5M
2019 $15.2M $15.1M $2.7M

Between 2019 and 2024, reported annual revenue grew from $15.2M to $47.0M (+209%), with total assets most recently reported at $2.5M.

Interactive year-over-year charts and full filing details available with membership.

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