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Mount Sinai Hospital Medical Center

Chicago, IL · EIN 36-1509000 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Mount Sinai Hospital Medical Center reported $481.3 million in revenue and $522.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.96 went to program services, $20.04 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.5% of the total. The highest compensation it reported for one person was $863,356 (PRESIDENT & CEO). 401 people received more than $100,000 in reportable compensation. Revenue rose 27% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $523M

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

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $481M

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

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
20.0%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
1.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
1.4%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.5%93.7%
Highest reported compensation
Part VII-A, columns D–F
$863,356$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.17%1.34%
People paid over $100,000
Part VII, line 2
40127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-1.76.6
Independent voting board members
Part VI 1a–1b
22 of 2388.9%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$355M expenses · 85.0% of program spending · grants $800K · revenue $309M

Patient care Mount Sinai Hospital Medical Center (Mount Sinai Hospital or msh) is a 319-licensed bed acute care and teaching hospital affiliated with the jewish federation of metropolitan chicago. Msh is an integral part of the sinai health system's core mission to improve the health of the individuals and communities it serves. Founded in 1919, msh provides a significant portion of the total medical services available to west side residents. These services include a full spectrum of care, including medical, surgical, pediatric, level iii perinatal, intensive care, emergency, maternal child…

$49M expenses · 11.7% of program spending · revenue $162M

Patient service-therapy & diagnostics with an aging population, reaching and providing health care to our seniors on a timely basis has become critical. Sinai home health through its trained nurses keeps in contact with seniors through periodic home visits. Such visits provide an opportunity to do a general checkup on their health, ensure the patients are taking the prescribed medication and to discuss their health concerns. This program has been well received in the community. Sinai is also developing a dedicated geriatric service line in order to provide superior continuity of care. For…

$14M expenses · 3.3% of program spending · revenue $169K

Teaching & research Mount Sinai Hospital provides undergraduate training for medical students in six major specialties - medicine, surgery, obstetrics/gynecology, pediatrics, psychiatry and physical medicine as well as a number of sub-specialties. The house staff program provides training for residents and fellows in major clinical areas. In 2008, relationships with academic medical centers were expanded that enrich the patient care resources available through affiliations with northwestern memorial hospital, the university of chicago Medical Center, rush university Medical Center, the…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Director/trustee, officer, 4.0 hrs/week
$856,456$0$6,900$863,356
SYSTEM CHIEF MEDICAL OFFICER
Key employee, 20.0 hrs/week
$650,259$0$32,987$683,246
CHIEF OPERATING OFFICER
Key employee, 18.0 hrs/week
$569,450$0$30,144$599,594
GENERAL COUNSEL
Key employee, 18.0 hrs/week
$439,175$0$3,886$443,061
CHIEF HUMAN RESOURCES OFFICER
Key employee, 18.0 hrs/week
$411,604$0$10,777$422,381
SITE PRESIDENT
Officer, 40.0 hrs/week
$406,021$0$6,900$412,921
VP & CHIEF HEALTH & POPULATION
Highest compensated employee, 40.0 hrs/week
$383,114$0$19,980$403,094
VICE PRESIDENT GME DIVERSITY
Highest compensated employee, 40.0 hrs/week
$367,886$0$6,900$374,786

401 people received more than $100,000 in reportable compensation from Mount Sinai Hospital Medical Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.6M (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$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$481M$523M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$481M$523M80.0%−$72M$863,356
FY2024 ⓘ$428M$474M80.0%−$31M$813,920
FY2023 ⓘ$426M$452M82.1%$14M$1,339,105
FY2022 ⓘ$400M$408M87.5%$42M$1,713,966
FY2021 ⓘ$390M$358M84.7%$43M$1,060,729
FY2020 ⓘ$380M$352M73.3%$11M$1,179,735

Governance answers, as filed

FY2025 · 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–1b23 · 22 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 2No
  • 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 14bNo
  • Employees Part I, line 52,069
  • Volunteers Part I, line 6145

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SODEXO INC & AFFILIATES
Food services
$15,628,967
PROFESSIONAL CLINICAL LABORATORIES
Lab services
$12,052,216
ALLIED UNIVERSAL SECURITY SERVICES
Security services
$4,314,930
CAREREV
Nurse staffing services
$3,497,736
RENOVO SOLUTIONS LLC
Professional services
$2,427,549

Individuals listed as contractors are left out. 47 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Mount Sinai Hospital Medical Center totaling $5,000 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 Mount Sinai Hospital 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 Mount Sinai Hospital Medical Center, you can publish a response that is linked from this page.

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Questions people ask

How much of Mount Sinai Hospital Medical Center's spending goes to programs?

In the fiscal year ending June 30, 2025, Mount Sinai Hospital Medical Center reported that 80.0% of its $522.6 million in expenses went to program services, 20.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Mount Sinai Hospital Medical Center pay its top executive?

The largest total compensation Mount Sinai Hospital Medical Center reported for one person in the fiscal year ending June 30, 2025 was $863,356, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Mount Sinai Hospital Medical Center get its money?

Of $481.3 million in revenue in the fiscal year ending June 30, 2025, 1.9% came from contributions and grants (including 1.4% from government grants) and 96.5% from program service revenue (Form 990, Part VIII).

Is Mount Sinai Hospital Medical Center a registered charity?

The IRS lists EIN 36-1509000 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

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349312173 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349312108 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349307179 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311309349304461 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231339349303178 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111329349304146 · read the filing

All filings for EIN 36-1509000: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.