Nonprofit · EIN 82-3994798
MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST
Tax-exempt · NEW YORK, NY 10017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $106,111,531 | $97,581,248 | $8,530,283 | $588,189,626 | $553,249,624 | $34,940,002 |
| December 31, 2023 | 990 | $108,638,173 | $110,450,022 | -$1,811,849 | $481,911,261 | $485,294,783 | -$3,383,522 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $105,719,075
- Investment income
- $392,456
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $9,460
- Salaries, compensation and benefits (total)
- $9,460
- Professional fundraising fees
- $0
- Program services (functional)
- $97,581,248
Balance sheet and other
- Total assets, start of year
- $481,911,261
- Total assets, end of year
- $588,189,626
- Total liabilities, end of year
- $553,249,624
- Net assets, end of year
- $34,940,002
- Publicly traded securities
- $497,690,939
- Net assets without donor restrictions
- $34,940,001
- Gross receipts
- $106,111,531
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COMERICA BANK TRUST NATIONA | INSTITUTIONAL TRUSTEE Institutional trustee | 0.3 | $9,460 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COMERICA BANK & TRUST NATIONA | INSTITUTIONAL TRUSTEE Institutional trustee | 0.3 | $2,502 |
Address and contacts
- Address (IRS master file)
- 150 EAST 42ND STREET, NEW YORK, NY 10017-5612
- In care of
- % COMERICA BANK & TRST NAT ASS
- Principal officer (990 for 2024)
- VINCENT TAMMARO, 150 EAST 42ND STREET, NEW YORK, NY 10017
- Signed the 990
- Vincent Tammaro, Officer
- Phone
- (718) 891-0700
- Return prepared by
- ERNST & YOUNG US LLP
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.
Program accomplishments
- 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 TO THE PROGRAM FOR ACTUARIAL EXPENSES.Expenses $97,581,248 · revenue $105,719,075
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-3994798
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E30)
- Assets (IRS master file)
- $588,189,626
- Income (IRS master file)
- $106,111,531
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $106,111,531 | $97,581,248 | $588,189,626 | IRS |
| 990 | December 2023 | $108,638,173 | $110,450,022 | $481,911,261 | XML |
| 990 | December 2022 | $59,869,618 | $127,690,751 | $382,755,130 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-3994798).
Questions about MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST
- What is the EIN of MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST?
- The employer identification number (EIN) of MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST is 82-3994798.
- Is MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST?
- The 990 for the year ended December 31, 2024 names VINCENT TAMMARO.
- Who are the officers and directors of MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $9,460 (COMERICA BANK TRUST NATIONA, INSTITUTIONAL TRUSTEE).
- How much revenue does MOUNT SINAI HEALTH SYSTEM SELF INSURANCE TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $106,111,531, expenses of $97,581,248 and total assets of $588,189,626 at year end.
Other nonprofits in NEW YORK
- HEALTHFIRST PHSP INC EIN 13-3783732 · last filed 990 for 2024
- THE NEW YORK AND PRESBYTERIAN HOSPITAL EIN 13-3957095 · last filed 990 for 2024
- NYU LANGONE HOSPITALS EIN 13-3971298 · last filed 990 for 2025
- MEMORIAL SLOAN-KETTERING CANCER CENTER EIN 91-2154267 · last filed 990 for 2024
- METROPLUS HEALTH PLAN INC EIN 13-4115686 · last filed 990 for 2024
- HEALTH INSURANCE PLAN OF GREATER NEW YORK EIN 13-1828429 · last filed 990 for 2024
- MOUNT SINAI HOSPITAL EIN 13-1624096 · last filed 990 for 2024
- VNS CHOICE EIN 13-3951057 · last filed 990 for 2024