BETH ISRAEL MEDICAL CENTER Charity Report

Public IRS 990 nonprofit record

BETH ISRAEL MEDICAL CENTER

EIN 13-5564934 · Health Care (E220)

What they do

SINCE ITS FOUNDING, OVER 120 YEARS AGO, AS A MEDICAL DISPENSARY to MEET THE NEEDS of THE IMPOVERISHED and UNDERSERVED JEWISH COMMUNITY of THE LOWER EAST SIDE, BETH ISRAEL MEDICAL CENTER HAS BEEN COMMITTED to THE CARE of PERSONS of ALL RACES, RELIGIONS and CREEDS. NOW A MAJOR PROVIDER of A FULL RANGE of PRIMARY, SECONDARY and HIGHLY SPECIALIZED TERTIARY HEALTH CARE SERVICES, THE MEDICAL CENTER REMAINS PROUD of ITS HERITAGE and THE ORIGINAL MISSION of BETH ISRAEL MEDICAL CENTER. THE MISSION of BETH ISRAEL MEDICAL CENTER is to PROVIDE COMPASSIONATE PATIENT CARE WITH SEAMLESS COORDINATION and to ADVANCE MEDICINE THROUGH UNRIVALED EDUCATION, RESEARCH, and OUTREACH IN THE MANY DIVERSE COMMUNITIES WE SERVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders59 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

111.45%of revenue went to mission work97.4% of expenses · Program services

0.01%of revenue went to fundraising0.0% of expenses

$114.37spent for every $100 of revenueSpending was higher than revenue this year.

2.92%of revenue went to management and office costs2.6% of expenses

$1.00in assets for every $1 spent this yearSome assets cannot be spent right away.

6.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $154,774,055 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $1,310,246 for ELIZABETH SELLMAN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,076,809,659

Mission workProgram services$1,200,074,146111.45% of revenue97.4% of expenses

ManagementOffice and general costs$31,435,9432.92% of revenue2.6% of expenses

FundraisingAsking for donations$73,6250.01% of revenue0.0% of expenses

Total expenses$1,231,583,714114.37% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 114.37% of revenue

2023Expense mix: 89.8% mission · 10.2% management · 0.0% fundraisingTotal expenses: 93.08% of revenue

2022Expense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 114.92% of revenue

2021Expense mix: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 119.49% of revenue

2020Expense mix: 90.8% mission · 9.2% management · 0.0% fundraisingTotal expenses: 109.41% of revenue

2019Expense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 113.88% of revenue

2018Expense mix: 91.5% mission · 8.5% management · 0.0% fundraisingTotal expenses: 111.50% of revenue

2017Expense mix: 91.7% mission · 8.3% management · 0.0% fundraisingTotal expenses: 98.09% of revenue

Money in and money out

Revenue$1,076,809,659

Expenses$1,231,583,714

Annual shortfall $154,774,055 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,200,074,146 · 97.4% of expenses

Management and office costs$31,435,943 · 2.6% of expenses

Fundraising$73,625 · 0.0% of expenses

See all reported dollar amounts

Revenue$1,076,809,659

Expenses$1,231,583,714

Assets$1,228,900,764

Income$1,077,696,062

Contributions$67,103,728

Mission work (program services)$1,200,074,146

Fundraising$73,625

Grants given$24,417,000

Average grant$8,139,000

Management and general$31,435,943

Executive compensation (total)$3,991,087

Stocks and bonds$9,620,259

Accounting fees$779,732

Investing fees$77,674

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ELIZABETH SELLMANPRESIDENT · 60 hrs/week $1,310,246Base $1,262,814 · Other $47,432

SCOTT MICHAEL LORINPRESIDENT · 60 hrs/week $1,023,164Base $987,916 · Other $35,248

KENNETH DAVIS MDTRUSTEE AND FORMER OFFICER · 2 hrs/week $768,961Base $670,892 · Other $98,069

ELVIS DELEONVP AMBULATORY OPERATIONS · 60 hrs/week $681,541Base $616,043 · Other $65,498

PETER SHEARERASSOCIATE PROFESSOR · 60 hrs/week $608,372Base $540,452 · Other $67,920

BRENDAN G CARR MD 1CHIEF EXECUTIVE OFFICER (START 1/1/24) · 5 hrs/week $540,558Base $493,085 · Other $47,473

KIMBERLEY GLASSMANVICE PRESIDENT NURSING · 60 hrs/week $491,833Base $466,372 · Other $25,461

JEMILAT SIJUVICE PRESIDENT NURSING · 60 hrs/week $480,896Base $418,576 · Other $62,320

CLAUDIA GARCENOTVICE PRESIDENT NURSING · 60 hrs/week $402,615Base $363,513 · Other $39,102

DENNIS CHARNEYMD 1PRESIDENT, ACADEMIC AFFAIRS · 5 hrs/week $290,732Base $233,675 · Other $57,057

MICHAEL PASTIERSVP, CHIEF FINANCIAL OFFICER · 8 hrs/week $281,886Base $193,595 · Other $88,291

MARGARET PASTUSZKOSYSTEM PRESIDENT & CHIEF OPERATING OFFICER · 5 hrs/week $280,325Base $207,481 · Other $72,844

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (59)

ELIZABETH SELLMANPRESIDENT

SCOTT MICHAEL LORINPRESIDENT

KENNETH DAVIS MDTRUSTEE AND FORMER OFFICER

ELVIS DELEONVP AMBULATORY OPERATIONS

PETER SHEARERASSOCIATE PROFESSOR

BRENDAN G CARR MD 1CHIEF EXECUTIVE OFFICER (START 1/1/24)

KIMBERLEY GLASSMANVICE PRESIDENT NURSING

JEMILAT SIJUVICE PRESIDENT NURSING

CLAUDIA GARCENOTVICE PRESIDENT NURSING

DENNIS CHARNEYMD 1PRESIDENT, ACADEMIC AFFAIRS

MICHAEL PASTIERSVP, CHIEF FINANCIAL OFFICER

MARGARET PASTUSZKOSYSTEM PRESIDENT & CHIEF OPERATING OFFICER

STEPHEN HARVEYEVP, SYSTEM CFO (END 12/31/24)

BETH ESSIG ESQEVP, GENERAL COUNSEL

KELLY CASSANO DEVP, SYS AMBULATORY OPERATION

JEREMY BOAL MDFORMER OFFICER

EMMA PALMEREVP, CHIEF OF STAFF & EXTERNAL AFFAIRS

FRANK CINOSVP, SYSTEM CHIEF RISK OFFICER

JEFFREY SILBERSTEINEVP, SYSTEM CAO

BETH YAGODAEVP, SYSTEM CHIEF ADMINISTRATIVE OFFICER

VINCENT TAMMAROEVP, SYSTEM CFO (START 10/1/24)

DAVID REICH MDSYSTEM CHIEF CLINICAL OFFICER

BURTON P DRAYERFORMER OFFICER

KIMBERLEY HARRISTRUSTEE

ROBERT F SAVAGE JRTRUSTEE

JUDITH O RUBINTRUSTEE/VICE CHAIRMAN

JOHN B HESSTRUSTEE/ VICE CHAIRMAN

LEWIS PELLTRUSTEE

MARC C LIPSCHULTZTRUSTEE

MICHAEL MINIKESVICE CHAIR/TREASURER/TRUSTEE

MICHAEL ZIMMERMANTRUSTEE

RICHARD A FRIEDMANCO-CHAIRMEN OF BOARD/TRUSTEE

JAMES W CRYSTALVICE CHAIRMAN

STEVEN HOCHBERGTRUSTEE/VICE CHAIRMAN

SUSAN R CULLMANTRUSTEE/VICE CHAIRMAN

THOMAS W STRAUSSTRUSTEE/VICE CHAIRMAN

WILLIAM H WRIGHT IITRUSTEE

GLENN DUBINVICE CHAIRMAN

ANDREW M ALPERTRUSTEE

BONNIE M DAVIS MDVICE CHAIRMAN

BRAD KARPTRUSTEE/SECRETARY

CARL ICAHNVICE CHAIRMAN

DAVID WINDREICHTRUSTEE

DONALD J GOGELTRUSTEE/VICE CHAIRMAN

EDGAR M CULLMAN JRTRUSTEE

ERIC FRIEDMANTRUSTEE

ERIC MINDICHTRUSTEE/VICE CHAIRMAN

FRANK BISIGNANOTRUSTEE

JOHN A LEVINTRUSTEE/VICE CHAIRMAN

HAMILTON JAMESVICE CHAIRMAN

HENRY R KRAVISVICE CHAIRMAN

HON ROBERT E RUBINVICE CHAIRMAN

JAMES KEMPNERTRUSTEE

JAMES NEARYTRUSTEE/VICE CHAIRMAN

JAMES S TISCHTRUSTEE/CO-CHAIRMEN OF BOARD

ANDREW SAULVICE CHAIRMAN/TRUSTEE

JEFF T BLAUTRUSTEE/VICE CHAIRMAN

JOEL I PICKETTRUSTEE/VICE CHAIRMAN

JOEL S EHRENKRANZTRUSTEE/VICE CHAIRMAN

About this charity

Recognized since: January 1948
Location: 1ST AVE 16H STREET, NEW YORK, NY 10019-0000
County: New York
In care of: % DENIS DONEGAN
Primary officer: Vincent Tammaro, EVP, MSHS

How to reach them

WebsiteVisit the charity’s website EmailMSBPatientRep@mountsinai.org Phone(646) 605-4217 Officer phone(646) 605-4224

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes