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Filing year 2024

MOUNT SINAI MEDICAL CENTER INSURANCE TRUST

Miami Beach, Florida·EIN 59-1830065·NTEE Y20Z · Mutual & Membership Benefit·501(c)(3)
Total revenue
$47M
Total assets
$2.5M
Total expenses
$47M
Reported officers
5
Mission

MT. SINAI MEDICAL CENTER INSURANCE TRUST IS A SELF-INSURANCE TRUST THAT HAS BEEN SET UP TO COVER MALPRACTICE AND GENERAL LIABILITY CLAIMS FILED AGAINST MT. SINAI MEDICAL CENTER OF FLORIDA, INC.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Executive Vp/cfo
Officer (Unspecified)
$105k
$112k
Senior Vp/gen Counsel
Board Member
75th to 90th percentile
$104k
$110k
President/ceo
Median to 75th percentile
$78k
$83k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MOUNT SINAI MEDICAL CENTER INSURANCE TRUST equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.2%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 5%
from 2023

From $100k in 2023 to $105k in 2024.

$100k
2023
$105k
2024
In today's dollarsEst.
Up 1% in real terms$111k to $112k

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 3% from 2023 to 2024, while revenue rose 192%.

$100k in 2023 to $104k in 2024.
  • Chief Executive Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
MOUNT SINAI MEDICAL CENTER INSURANCE TRUST2024
$105k
2
IAFF LOCAL 587 HEALTH INSURANCE TRUST FUND2023
$65k
Compare compensation across all Mutual & Membership Benefit organizations
FAQ

Common questions about MOUNT SINAI MEDICAL CENTER INSURANCE TRUST

What does the Board Member of MOUNT SINAI MEDICAL CENTER INSURANCE TRUST earn?

In 2024, the Board Member of MOUNT SINAI MEDICAL CENTER INSURANCE TRUST received $103,697 in total compensation. This pay is in the top quarter for Board Member roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MOUNT SINAI MEDICAL CENTER INSURANCE TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at MOUNT SINAI MEDICAL CENTER INSURANCE TRUST falls between the 75th and 90th percentiles. In 2024, the highest total compensation at MOUNT SINAI MEDICAL CENTER INSURANCE TRUST equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are MOUNT SINAI MEDICAL CENTER INSURANCE TRUST's revenue and expenses?

In 2024, MOUNT SINAI MEDICAL CENTER INSURANCE TRUST reported $47M in total revenue and $47M in total expenses on its IRS Form 990.

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