Public Charity

MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST

Based in NEW YORK, NY, MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST operates as a Public Charity. The organization reported $106.1M in revenue, $97.6M in expenses, $588.2M in total assets for fiscal year 2024.

EIN: 823994798 NEW YORK, NY Ambulatory & Primary Health Care NTEE: E30 Latest filing: 2024
Total Revenue$106.1M
Total Expenses$97.6M
Total Assets$588.2M
Grant Records0
Filing Years2019–2024

Mission

MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST IS A SELF INSURANCE PROGRAM FOR THE PURPOSE OF SETTLING HEALTH CARE PATIENT CLAIMS ARISING FROM MEDICAL MALPRACTICE LIABILITY AND HOSPITAL PROFESSIONAL LIABILITY CLAIMS AGAINST THE MEMBERS OF THE MOUNT SINAI HEALTH SYSTEM THEIR EMPLOYEES AND AGENTS.

Where $100 goes at Mount Sinai Health System Self Insurance Trust

How Mount Sinai Health System Self Insurance Trust divides every $100 it spends, from its own Form 990 filings, averaged across 6 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
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 related…
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

INSTITUTIONAL TRUSTEE Comerica Bank Trust Nationa

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $106.1M $97.6M $588.2M
2023 $108.6M $110.5M $481.9M
2022 $59.9M $127.7M $382.8M
2020 $107.4M $80.7M $264.3M
2019 $77.5M $79.1M $155.9M

Between 2019 and 2024, reported annual revenue grew from $77.5M to $106.1M (+37%), with total assets most recently reported at $588.2M.

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

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