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Beth Israel Medical Center

Also known as Mount Sinai Beth Israel

New York, NY · EIN 13-5564934 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Beth Israel Medical Center reported $1.08 billion in revenue and $1.23 billion in expenses for calendar year 2024. Of every $100 it spent, $97.44 went to program services, $2.55 to management and general costs and $0.01 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 71.8% of the total. Government grants made up 6.1%. The highest compensation it reported for one person was $7,503,060 (Trustee and Former Officer). 1,470 people received more than $100,000 in reportable compensation. Revenue rose 18% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $1.23B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $1.08B

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
97.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
2.6%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
6.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
71.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$7,503,060$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.61%1.34%
People paid over $100,000
Part VII, line 2
1,47027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-3.46.6
Independent voting board members
Part VI 1a–1b
29 of 2988.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$1.19B expenses · 99.3% of program spending · revenue $988M

Patient care: Beth Israel Medical Center provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age or ability to pay. Although reimbursement for services rendered is critical to the operation and stability of the Medical Center, it is recognized that not all individuals possess the ability to purchase essential medical services and further, that our mission, is to serve the community with respect to providing healthcare services and healthcare education. Beth Israel provides care to persons covered by governmental programs and the uninsured at below…

$8.4M expenses · 0.7% of program spending · grants $8.4M · revenue $12M

Student financial aid program: to provide financial aid to qualifying nurses attending Beth Israel nursing school

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Trustee and Former Officer
Director/trustee, 2.0 hrs/week
$670,892$6,734,099$98,069$7,503,060
CHIEF EXECUTIVE OFFICER (START 1/1/24)
Officer, 5.3 hrs/week
$493,085$4,949,356$47,473$5,489,914
PRESIDENT, ACADEMIC AFFAIRS
Officer, 5.2 hrs/week
$233,675$2,345,516$57,057$2,636,248
System President & Chief Operating Officer
Officer, 4.9 hrs/week
$207,481$2,082,600$72,844$2,362,925
SYSTEM CHIEF CLINICAL OFFICER
Officer, 0.0 hrs/week
$0$2,154,844$65,965$2,220,809
EVP, SYSTEM CFO (END 12/31/24)
Officer, 4.7 hrs/week
$178,668$1,793,380$85,092$2,057,140
FORMER OFFICER
Former, 0.0 hrs/week
$167,867$1,684,974$0$1,852,841
EVP, GENERAL COUNSEL
Officer, 4.9 hrs/week
$161,515$1,621,209$58,108$1,840,832

1,470 people received more than $100,000 in reportable compensation from Beth Israel Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.3M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$500M$1.00B$1.50B$2.00B201920202021202220232024$1.08B$1.23B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$1.08B$1.23B97.4%−$348M$7,503,060
2023 ⓘ$1.31B$1.22B89.8%−$195M$7,199,726
2022 ⓘ$1.02B$1.18B91.5%−$300M$6,896,381
2021 ⓘ$958M$1.14B86.1%−$125M$5,669,727
2020 ⓘ$1.01B$1.11B90.8%$44M$5,349,399
2019 ⓘ$916M$1.04B91.5%$113M$5,658,429

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b29 · 29 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 55,595
  • Volunteers Part I, line 644

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
CROTHALL HEALTHCARE INC
Housekeeping & envir
$13,507,666
GILBANE BUILDING COMPANY
Construction svc
$12,998,700
HEALTHCARE RISK ADVISORS INC
Insurance
$8,248,321
RIGHTSOURCING INC
Temporary staffing
$7,320,230
LABORATORY CORP OF AMERICA
Lab services
$7,160,364

Individuals listed as contractors are left out. 111 contractors were paid more than $100,000 in all.

Private foundation grants it received

6 private foundations reported grants to Beth Israel Medical Center totaling $415K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Beth Israel Medical Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Beth Israel Medical Center, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New York

Questions people ask

How much of Beth Israel Medical Center's spending goes to programs?

In calendar year 2024, Beth Israel Medical Center reported that 97.4% of its $1.23 billion in expenses went to program services, 2.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Beth Israel Medical Center pay its top executive?

The largest total compensation Beth Israel Medical Center reported for one person in calendar year 2024 was $7,503,060, for the role of Trustee and Former Officer (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Beth Israel Medical Center get its money?

Of $1.08 billion in revenue in calendar year 2024, 6.2% came from contributions and grants (including 6.1% from government grants) and 71.8% from program service revenue (Form 990, Part VIII).

Is Beth Israel Medical Center a registered charity?

The IRS lists EIN 13-5564934 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503199349303420 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443169349306324 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343139349305519 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233149349308018 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133189349300318 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349306212 · read the filing

All filings for EIN 13-5564934: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.