NonprofitsMount Sinai Medical Center Of Florida Inc

Health Care

Mount Sinai Medical Center Of Florida Inc

MIAMI BEACH, FL

Total revenue

$1.2B

Total expenses

$1.1B

Net assets

$520.9M

Grants received

$93.3M

38 grants

EIN

590624424

Tax year

2024

Mission

To provide high quality health care to our diverse community enhanced through teaching, research, charity care and financial responsibility.

Programs

2 programs

Teaching & researchin 2024, mount sinai retained its own teaching faculty and 15 accredited graduate medical education programs, teaching 217 residents and fellows. Mount sinai provided a teaching clinical environment for physicians to become board certified. Additionally,to meet the demands of the workforce, mount sinai taught 78 nursing students, 434 medical students and 65 allied health students for health care careers. To supplement the academic environment in 2024, mount sinai had 186 research studies approved by a national review board or by a mount sinai institution peer review board. Mount sinai had 135 cancer studies, 17 memory disorder, 14 cardiac, and 20 other studies.

Expenses: $61.2M

Physician network and access to careaccording to the 2017 update to the aamc-commissioned study of physician supply and demand, physician demand is projected to continue growing faster than the supply. (the complexities of physician supply and demand: projections from 2015 to 2030, ihs market, february 17, 2017) the state of florida agency for healthcare, and the statewide medicaid residency program supported the teaching of specialty clinical providers. Mount sinai provided both access to care and support for the teaching of 434 medical students and 217 residents and fellows. Mount sinai services 14 locations in two counties by providing 349,983 primary or specialty care visits. Mount sinai has widened access to specialty care in florida and the state medicaid program.

Expenses: $182.5M

Financials

FY 2024

Revenue

Contributions & grants$40.5M
Program service revenue$1.1B
Investment income$22.5M
Other revenue$87.4M
Total revenue$1.2B

Expenses

Grants paid$150K
Salaries & benefits$517.4M
Fundraising
Other expenses$556.6M
Total expenses$1.1B
Total assets$1.3B
Net assets$520.9M

People

39 listed

NameRoleCompensation

GINO SANTORIO

PRESIDENT/CEO

Board

$2.5M

60.5 hrs/wk

ALEXANDER MENDEZ

EXECUTIVE VP/CFO

Board

$1.6M

60 hrs/wk

TODD B HEIMOWITZ

PRES MED STAFF/TRUSTEE

Board

$702K

60 hrs/wk

DR ANTONIO FERNANDEZ

TRUSTEE

Board

$2K

2 hrs/wk

BRENT SAUNDERS

TRUSTEE

Board

2 hrs/wk

ALEX SHACK

TRUSTEE (AS OF 1/24)

Board

2 hrs/wk

BARRY SIADAT

TRUSTEE

Board

2 hrs/wk

PAUL SINGERMAN

VICE CHAIR

Board

2 hrs/wk

BARRY SKOLNICK

CHAIR

Board

2 hrs/wk

JAMES TATE

TRUSTEE

Board

2 hrs/wk

PAUL BLOCH

TRUSTEE

Board

2 hrs/wk

NORMAN BRAMAN

TRUSTEE

Board

2 hrs/wk

WAYNE CHAPLIN

TRUSTEE

Board

2 hrs/wk

DAPHNA CRAMER

SECRETARY

Board

2 hrs/wk

EDWARD DAUER MD

TRUSTEE

Board

2 hrs/wk

DAVID DEUTCH

TRUSTEE

Board

2 hrs/wk

MARC FARBSTEIN

TRUSTEE

Board

2 hrs/wk

EUGENE FRENKEL

TRUSTEE

Board

2 hrs/wk

PHILLIP FROST MD

TRUSTEE

Board

2 hrs/wk

JACK GLOTTMANN

TRUSTEE

Board

2 hrs/wk

MARK HALPERN

TRUSTEE

Board

2 hrs/wk

MARK HILDEBRANDT

TRUSTEE

Board

2 hrs/wk

EDIE LAQUER

TRUSTEE

Board

2 hrs/wk

HOWARD LORBER

TRUSTEE

Board

2 hrs/wk

LAURANS MENDELSON

TRUSTEE

Board

2 hrs/wk

SERGIO ROK

TRUSTEE

Board

2 hrs/wk

STEVE XYDAS MD

CHIEF, CARDIOTHORACIC SURGERY

Staff

$2.5M

60 hrs/wk

SAMUEL GOLDSMIT MD

STAFF PHYSICIAN, NEUROSURGERY

Staff

$1.8M

60 hrs/wk

STEVEN HOCHWALD MD

STAFF PHYSICIAN, SURGICAL ONCOLOGY

Staff

$1.5M

60 hrs/wk

FERNANDO SAFDIE MD

ASSOC. DIR., THORACIC SURGERY

Staff

$1.4M

60 hrs/wk

MANUEL BERZOSA CORELLA MD

CHIEF, GASTROENTEROLOGY

Staff

$1.2M

60 hrs/wk

ANGEL PALLIN

EXECUTIVE VP/COO

Staff

$1.0M

57 hrs/wk

THOMAS GILLETTE

SENIOR VP/CIO

Staff

$802K

60 hrs/wk

ARNOLD JAFFEE

SENIOR VP/GEN COUNSEL

Staff

$709K

60 hrs/wk

WAYNE CHUTKAN

SENIOR VP OF FINANCE

Staff

$601K

60 hrs/wk

ALON WEIZER MD

SVP/CHIEF MEDICAL OFFICER

Staff

$600K

60 hrs/wk

BENJAMIN DAVIS

SENIOR VP FACILITIES/RESOURCE MGMT

Staff

$552K

60 hrs/wk

WENDY STUART

SENIOR VP/CNO

Staff

$543K

60 hrs/wk

STEVEN SONENREICH

FORMER PRESIDENT/CEO

Staff

$188K

0

Independent contractors

BRASFIELD & GORRIE LLC

GENERAL CONTRACTOR

$44.3M

RENOVO SOLUTIONS LLC

HEALTHCARE TECHNOLOGY MGMT SOLUTIONS

$7.1M

EPIC SYSTEMS CORPORATION

HEALTHCARE TECHNOLOGY MGMT SOLUTIONS

$5.2M

ROBINS & MORTON

GENERAL CONTRACTOR

$4.9M

COLLINS INTENSIVIST GROUP PA

PHYSICIANS SERVICES

$4.3M

Grants received

Showing 38 of 38

FromAmountPurposeYear
$14.7M
GENERAL SUPPORT
2024
$340K
CARDIAC RESEARCH, EDUCATION, AND PREVENTION
2024
$250K
FUNDING TO PROVIDE HEALTH CARE TO THE COMMUNITY
2024
$150K
RESEARCH SUPPORT
2024
$20K
Patient Support
2024
$16.5M
GENERAL SUPPORT
2023
$285K
RESEARCH SUPPORT
2023
$125K
CARDIAC RESEARCH, EDUCATION, AND PREVENTION
2023
$56K
RESEARCH
2023
$50K
Patient Support
2023
$750
GENERAL OPERATING
2023
$39K
RESEARCH
2022
$25K
SUPPORT FOR NEW SURGICAL TOWER AND EMERGENCY DEPARTMENT
2022
$5K
GENERAL SUPPORT
2022
$700
GENERAL OPERATING
2022
$54K
2 Fully Loaded Ventilators
2021
$39K
RESEARCH
2021
$25K
SUPPORT FOR NEW SURGICAL TOWER AND EMERGENCY DEPARTMENT
2021
$2K
GENERAL OPERATING
2021
$94K
RESEARCH
2020
$50K
GENERAL CAMPAIGN
2020
$9K
5 Engine Driven Utility Pumps
2020
$7K
1 Portable Flood Dam
2020
$1K
GENERAL OPERATING
2020
$76K
RESEARCH
2019
$20K
SEE ADD INFORMATION
2019
$168K
RESEARCH
2017
$48K
$20,000 FOR THE PURCHASE OF DQE TRAINING SEATS FOR DECON/HICS TRAINING.$27,500 FOR THE PURCHASE OF MEDICAL COTS
2017
$9K
RESEARCH
2016

Funded by

$93.3M from 15 funders · 38 grants · 2016–2024

Mount Sinai Medical Center Foundation

$50.7M · 4 grants · 2020–2024

Florida Essential Healthcare

$40.1M · 3 grants · 2022–2024

University of Miami

$481K · 7 grants · 2016–2023

Miami Heart Research Institute Inc

$465K · 2 grants · 2023–2024

Florida Heart Research Foundation Inc

$435K · 2 grants · 2023–2024

The Florman Family Foundation Inc

$250K · 1 grant · 2024

South Florida Regional Disaste

$137K · 6 grants · 2017–2023

Details

EIN590624424
NTEE codeE220
Subsection03
Ruling date1948-05
Formed1946
Employees5841
Volunteers0
MOUNT SINAI MEDICAL CENTER OF FLORIDA INC — Mission, Financials & Grants Received | Grantivo