Form990


Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
A For the 2023 calendar year, or tax year beginning 01-01-2023 , and ending 12-31-2023
BCheck if applicable:
CName of organization
NEW YORK EYE & EAR INFIRMARY
 
 
Doing business as
NYEE of Mount Sinai
 
Number and street (or P.O. box if mail is not delivered to street address)
310 EAST 14TH STREET
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10003
D Employer identification number

13-5562304
E Telephone number

G Gross receipts $ 126,804,498
F Name and address of principal officer:
JAMES C TSAI MD
310 EAST 14TH STREET
NEW YORK,NY10003
I
Tax-exempt status: (   ) (insert no.) or
J
Website:
WWW.NYEE.EDU
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number  
K Form of organization:  
L Year of formation: 1820
M State of legal domicile: NY
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: TO PROVIDE PATIENT CARE AT THE HIGHEST QUALITY, MOST TECHNOLOGICALLY ADVANCED AND CONSISTENT MULTIDISCIPLINARY CARE.
2 Check this box
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 28
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 28
5 Total number of individuals employed in calendar year 2023 (Part V, line 2a) ...... 5 633
6 Total number of volunteers (estimate if necessary) ............. 6 1
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 2,655,579 2,617,111
9 Program service revenue (Part VIII, line 2g) ......... 113,077,035 114,967,509
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 969,629 3,320,395
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 8,554,408 5,899,483
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 125,256,651 126,804,498
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 1,431,000 1,410,000
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 71,200,318 69,958,001
16a Professional fundraising fees (Part IX, column (A), line 11e) .....   0
b Total fundraising expenses (Part IX, column (D), line 25) 139,586    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 71,949,130 69,642,273
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 144,580,448 141,010,274
19 Revenue less expenses. Subtract line 18 from line 12....... -19,323,797 -14,205,776
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 165,350,143 146,201,172
21 Total liabilities (Part X, line 26)............. 60,792,217 59,773,663
22 Net assets or fund balances. Subtract line 21 from line 20..... 104,557,926 86,427,509
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
Signature of officer Date
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name

Firm's EIN
Firm's address



Phone no.
May the IRS discuss this return with the preparer shown above? See Instructions. ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2023)
Form 990 (2023)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: TO PROVIDE PATIENT CARE AT THE HIGHEST QUALITY, MOST TECHNOLOGICALLY ADVANCED AND CONSISTENT MULTIDISCIPLINARY CARE IN AN ENVIRONMENT WHERE THE SAFETY, DIGNITY AND COMFORT OF EACH PATIENT ARE PARAMOUNT. IN DELIVERING PATIENT CARE, NEW YORK EYE AND EAR INFIRMARY WILL STRIVE TO PROVIDE AN ERROR-FREE ENVIRONMENT.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 125,205,334 including grants of $ 1,410,000 ) (Revenue $ 116,906,587 )
THE HIGHEST QUALITY, MOST TECHNOLOGICALLY ADVANCED AND CONSISTENT MULTIDISCIPLINARY CARE IN A SAFE AND COMFORTABLE ENVIRONMENT PROVIDING AN ONGOING SERIES OF LECTURES, SEMINARS AND HEALTH SCREENINGS; DEVELOPMENT OF HIGHLY QUALIFIED, WELL TRAINED PHYSICIANS/SURGEONS THROUGH PROGRAMS OF RESIDENCY TRAINING. NEW YORK EYE AND EAR INFIRMARY PROVIDED THE FOLLOWING SERVICES TO RESIDENTS OF ITS LOCAL COMMUNITY IN 2023: 312 INPATIENT DISCHARGES 16,488 AMBULATORY SURGERY VISITS 25,451 REFERRED AMBULATORY PROCEDURES INCLUDING 2,380 FOR THE SLEEP CENTERS AND 67,788 OUTPATIENT CLINIC VISITS. IN ADDITION, PLEASE REFERENCE WWW.NYEE.EDU FOR OUR CAPABILITIES REPORT AND COMMUNITY INFORMATION REPORT LOCATED UNDER THE GENERAL INFORMATION SECTION OF THE WEBSITE.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expenses125,205,334
Form 990 (2023)
Form 990 (2023)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment
List of Attached Documents:
// Content
.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment
List of Attached Documents:
// Content
...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D,
Part III..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part VClick to see attachment
List of Attached Documents:
// Content
......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D,
Part VI. Click to see attachment
List of Attached Documents:
// Content
...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII.......
11b
 
No
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment
List of Attached Documents:
// Content
............
11d
Yes
 
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
List of Attached Documents:
// Content
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....Click to see attachment
List of Attached Documents:
// Content
20a
Yes
 
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? Click to see attachment
List of Attached Documents:
// Content
20b
Yes
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
List of Attached Documents:
// Content
21
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
List of Attached Documents:
// Content
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
List of Attached Documents:
// Content
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...
35b
 
No
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
76
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2023)
Form 990 (2023)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
633
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country:
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2023)
Form 990 (2023)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
28
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
28
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filed
NY
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MICHAEL PASTIER150 E 42ND STREET - 5TH FLOOR   NEW YORK,NY10017 (646) 605-4094
Form 990 (2023)
Form 990 (2023)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) ANDREW SAUL
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(2) BRAD KARP
 
SECRETARY/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(3) DONALD J GOGEL
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(4) ERIC MINDICH
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(5) JAMES NEARY
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(6) JAMES S TISCH
 
CO-CHAIRMEN OF BOARD/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(7) JEFF T BLAU
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
19.0
X   X       0 0 0
(8) JOEL I PICKET
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
19.0
X   X       0 0 0
(9) JOEL S EHRENKRANZ
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(10) JOHN A LEVIN
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(11) JOHN B HESS
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(12) JUDITH O RUBIN
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
(13) MICHAEL MINIKES
 
VICE CHAIR/TRUSTEE/TREASURE
2.0
.................
25.0
X   X       0 0 0
(14) RICHARD A FRIEDMAN
 
CO-CHAIRMEN OF BOARD
2.0
.................
16.0
X   X       0 0 0
(15) RICHARD RAVITCH
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
19.0
X   X       0 0 0
(16) STEVEN HOCHBERG
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
21.0
X   X       0 0 0
(17) SUSAN R CULLMAN
 
VICE CHAIRMAN/TRUSTEE
2.0
.................
16.0
X   X       0 0 0
Form 990 (2023)
Form 990 (2023)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) THOMAS W STRAUSS
 
VICE CHAIRMAN/TRUSTEE
2.0
.......................16.0
X   X       0 0 0
(19) ANDREW M ALPER
 
TRUSTEE
1.0
.......................6.0
X           0 0 0
(20) DAVID WINDREICH
 
TRUSTEE
1.0
.......................6.0
X           0 0 0
(21) EDGAR M CULLMAN JR
 
TRUSTEE
1.0
.......................5.0
X           0 0 0
(22) ERIC FRIEDMAN
 
TRUSTEE
1.0
.......................7.0
X           0 0 0
(23) FRANK BISIGNANO
 
TRUSTEE
1.0
.......................5.0
X           0 0 0
(24) JAMES KEMPNER
 
TRUSTEE
1.0
.......................6.0
X           0 0 0
(25) KIMBERLEY HARRIS
 
TRUSTEE
1.0
.......................7.0
X           0 0 0
(26) MARC S LIPSCHULTZ
 
TRUSTEE
1.0
.......................6.0
X           0 0 0
(27) ROBERT F SAVAGE JR
 
TRUSTEE
1.0
.......................5.0
X           0 0 0
(28) WILLIAM H WRIGHT II
 
TRUSTEE
1.0
.......................6.0
X           0 0 0
(29) BETH ESSIG ESQ
 
EVP, GENERAL COUNSEL
0.9
.......................59.1
    X       30,986 1,791,720 55,465
(30) BONNIE M DAVIS MD
 
VICE CHAIRMAN
2.0
.......................16.0
    X       0 0 0
(31) CARL ICAHN
 
VICE CHAIRMAN
2.0
.......................16.0
    X       0 0 0
(32) DENNIS CHARNEY (1) MD
 
PRESIDENT, ACADEMIC AFFAIRS
0.7
.......................59.3
    X       68,253 5,348,642 54,392
(33) GLENN DUBIN
 
VICE CHAIRMAN
2.0
.......................16.0
    X       0 0 0
(34) HAMILTON JAMES
 
VICE CHAIRMAN
2.0
.......................16.0
    X       0 0 0
(35) HENRY R KRAVIS
 
VICE CHAIRMAN
2.0
.......................16.0
    X       0 0 0
(36) HON ROBERT E RUBIN
 
VICE CHAIRMAN
2.0
.......................16.0
    X       0 0 0
(37) JAMES TSAI MD
 
PRESIDENT
36.0
.......................36.0
    X       871,013 580,675 67,816
(38) JAMES W CRYSTAL
 
VICE CHAIRMAN
2.0
.......................16.0
    X       0 0 0
(39) JEFFREY SILBERSTEIN
 
EVP, SYSTEM CAO
0.9
.......................59.1
    X       25,230 1,458,861 34,656
(40) JEREMY BOAL MD
 
EVP, SYSTEM CMO
0.7
.......................59.3
    X       22,241 1,742,930 89,471
(41) KELLY CASSANO DO
 
EVP, SYS AMBULATORY OPERATION
2.1
.......................57.9
    X       41,702 1,180,422 45,205
(42) KENNETH DAVIS MD
 
CHIEF EXECUTIVE OFFICER
0.7
.......................59.3
    X       89,503 7,013,909 96,314
(43) MARGARET PASTUSZKO
 
EVP, SYSTEM CHIEF STRATEGY OFF
0.7
.......................59.3
    X       30,540 2,393,263 69,483
(44) MICHAEL PASTIER
 
SVP, CHIEF FINANCIAL OFFICER
1.5
.......................58.5
    X       36,827 1,352,883 83,500
(45) STEPHEN HARVEY
 
EVP, SYSTEM CFO
0.9
.......................59.1
    X       34,443 1,991,605 81,824
(46) FRANK CINO
 
SVP, SYSTEM CHIEF RISK OFFICER
1.0
.......................59.0
      X     13,028 753,343 57,618
(47) Brian Goldstein
 
Director
60.0
.......................0.0
        X   181,882 0 25,420
(48) BRYAN HUJSAK
 
ASSISTANT PROFESSOR
60.0
.......................0.0
        X   205,790 0 38,676
(49) Eugene Harrison
 
Associate Director
60.0
.......................0.0
        X   186,310 0 21,802
(50) KULWANTI BHAGWANDIN
 
Senior Nurse Manager
60.0
.......................0.0
        X   283,324 0 36,113
(51) Min Jeong Jeon
 
Senior Nurse Manager
60.0
.......................0.0
        X   211,337 0 17,005
(52) ARTHUR KLEIN MD
 
Former officer
0.0
.......................0.0
          X 0 600,000 0
(53) Burton P Drayer
 
Former Officer
0.0
.......................0.0
          X 0 749,735 39,269
1b Sub-Total..............
c Total from continuation sheets to Part VII, Section A..
d Total (add lines 1b and 1c)......... 2,332,409 26,957,988 914,029
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization 123
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual
...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
CROTHALL HEALTHCARE SOLUTION LLC

13028 COLLECTION CENTER DRIVE
CHICAGO,IL60693
MANAGEMENT 1,172,835
380 SECOND LLC

PO BOX 030146
NEW YORK,NY10087
PROFESSIONAL SRVC 876,924
B&A Restoration Contractors Inc

43 East Carl Street
Hicksville,NY11801
PROFESSIONAL SRVC 718,716
A&P COATAPRON&LINEN SUPPLY LLC

401 S Macquesten Parkway
Mount Vernon,NY10051
PROFESSIONAL SRVC 307,752
DUTCH OPHTHALMIC USA

PO Box 983105
FLUSHING,NY10087
PROFESSIONAL SRVC 298,435
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 76
Form 990 (2023)
Form 990 (2023)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d 561,111
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and similar amounts not included above1f 2,056,000
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f....... 2,617,111
 Program Service RevenueAmt Business Code
2a NET PATIENT SERVICES 621300 114,967,509 114,967,509    
b
c
d
e
f All other program service revenue. 0 0 0 0
g Total. Add lines 2a–2f ..... 114,967,509
 OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ...... 208,395     208,395
4 Income from investment of tax-exempt bond proceeds        
5 Royalties...........        
(i) Real (ii) Personal
6a Gross rents 6a 3,924,917  
b Less: rental expenses 6b    
c Rental income or (loss) 6c 3,924,917 0
d Net rental income or (loss)....... 3,924,917     3,924,917
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 7a 3,112,000  
b Less: cost or other basis and sales expenses 7b 0  
c Gain or (loss) 7c 3,112,000 0
d Net gain or (loss)......... 3,112,000     3,112,000
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..        
 OtherRevenueMiscAmt
Business Code
11a INSURANCE INCENTIVE PAYMENTS 900099 838,963 838,963    
b Other Physician Services 900099 869,712 869,712    
c Cafeteria 900099 143,506 143,506    
d All other revenue .... 122,385 86,897 0 35,488
e Total. Add lines 11a–11d ...... 1,974,566
12 Total revenue. See instructions..... 126,804,498 116,906,587 0 7,280,800
Form 990 (2023)
Form 990 (2023)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
(A)
Total expenses
(B)
Program service expenses
(C)
Management and general expenses
(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 1,410,000 1,410,000
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ...........    
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 2,332,409   2,332,409  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........ 47,366,591 41,599,157 5,672,612 94,822
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 4,397,192 3,861,782 526,607 8,803
9 Other employee benefits ....... 12,801,562 11,242,823 1,533,112 25,627
10 Payroll taxes ........... 3,060,247 2,687,879 366,529 5,839
11 Fees for services (non-employees):        
a Management ...... 3,706,944 3,356,076 350,868  
b Legal ......... 253,088   253,088  
c Accounting ........... 1,241   1,241  
d Lobbying ........... 70,196 70,196    
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 9,013   9,013  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 12,243,399 10,626,046 1,617,353 0
12 Advertising and promotion .... 478,098 420,726 57,372  
13 Office expenses ....... 2,379,915 2,093,202 286,589 124
14 Information technology ...... 2,099,187 1,843,587 251,398 4,202
15 Royalties ..        
16 Occupancy ........... 6,879,187 6,053,581 825,488 118
17 Travel ............ 26,554 23,323 3,180 51
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 37,353 32,871 4,482  
20 Interest ...........        
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 7,578,040 6,264,008 1,314,032  
23 Insurance ... 2,388,243 2,101,654 286,589  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Supplies 31,042,758 31,042,758    
b Dietary 449,057 395,170 53,887  
c
d
e All other expenses 0 0 0 0
25 Total functional expenses. Add lines 1 through 24e 141,010,274 125,124,839 15,745,849 139,586
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).        
Form 990 (2023)
Form 990 (2023)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year
(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 273,290 1 6,805,291
2 Savings and temporary cash investments .........   2  
3 Pledges and grants receivable, net ...... 149,423 3 149,423
4 Accounts receivable, net ............. 8,945,070 4 10,262,772
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
0 6 0
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............ 3,214,912 8 3,394,086
9 Prepaid expenses and deferred charges ......   9  
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 249,181,359
b Less: accumulated depreciation 10b 213,544,851 37,073,490 10c 35,636,508
11 Investments—publicly traded securities . 77,837,605 11 58,147,473
12 Investments—other securities. See Part IV, line 11 ..... 0 12  
13 Investments—program-related. See Part IV, line 11 .. 109,961 13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 37,746,392 15 31,805,619
16 Total assets. Add lines 1 through 15 (must equal line 33)... 165,350,143 16 146,201,172
Liabilities 17 Accounts payable and accrued expenses ..... 9,858,421 17 12,213,842
18 Grants payable ...   18  
19 Deferred revenue .........   19  
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
0 22 0
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 50,933,796 25 47,559,821
26 Total liabilities. Add lines 17 through 25.. 60,792,217 26 59,773,663
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 78,523,212 27 61,380,554
28 Net assets with donor restrictions ........... 26,034,714 28 25,046,955
Organizations that do not follow FASB ASC 958, check here right arrow and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 104,557,926 32 86,427,509
33 Total liabilities and net assets/fund balances ........ 165,350,143 33 146,201,172
Form 990 (2023)
Form 990 (2023)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
126,804,498
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
141,010,274
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
-14,205,776
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
104,557,926
5
Net unrealized gains (losses) on investments ...............
5
2,770,503
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-6,695,144
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
86,427,509
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2023)
Form 990 (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).
2
A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)
3
A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).
4
A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

5
An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)
6
A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).
7
An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)
8
A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)
9
An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:
10
An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
11
12
An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.
a
Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.
b
Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.
c
Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.
d
Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.
e
Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..  
6 Public support. Subtract line 5 from line 4.  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..            
11 Total support. Add lines 7 through 10  
12
12
 
13
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................right arrow
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
33 1/3% support test—2023. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization .......................right arrow
b
33 1/3% support test—2022. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow
17a
10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
b
10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose            
3 Gross receipts from activities that are not an unrelated trade or business under section 513 .....            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge            
6 Total. Add lines 1 through 5            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support. (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2019 (b) 2020 (c) 2021 (d) 2022 (e) 2023 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
33 1/3% support tests-2023. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow
b
33 1/3 % support tests—2022. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow
20
Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer lines 2a and 2b below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer lines 3a and 3b below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by 0.035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)
Schedule A (Form 990) 2023

Schedule A (Form 990) 2023
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity
2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI
). See instructions
8  
9 Distributable amount for 2023 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions
(ii)
Underdistributions
Pre-2023
(iii)
Distributable
Amount for 2023
1 Distributable amount for 2023 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions.
 
3 Excess distributions carryover, if any, to 2023:
a From 2018.......  
b From 2019.......  
c From 2020.......  
d From 2021.......  
e From 2022.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2023 distributable amount  
i Carryover from 2018 not applied (see
instructions)
 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2023 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2023 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2023, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.
 
6 Remaining underdistributions for 2023. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.
 
7 Excess distributions carryover to 2024. Add lines
3j and 4c.
 
8 Breakdown of line 7:
a Excess from 2019.....  
b Excess from 2020.....  
c Excess from 2021.....  
d Excess from 2022.....  
e Excess from 2023.....  
Schedule A (Form 990) (2023)

Schedule A (Form 990) 2023
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 


Return Reference Explanation
Schedule A (Form 990) 2023


Additional Data


Software ID: 23017437
Software Version: 2023v5.1
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number
13-5562304
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I
(b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
right arrow Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow Attach to Form 990.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow  
4
Number of states where property subject to conservation easement is located right arrow  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................right arrow $  
(ii)
Assets included in Form 990, Part X ...............................right arrow $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................right arrow $  
b
Assets included in Form 990, Part X ...............................right arrow $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance .... 8,785,934 8,568,993 8,006,408 7,942,779 8,064,366
b Contributions ...     412,049 100,974 3,250
c Net investment earnings, gains, and losses   442,549 307,174 601,155 379,694
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ...
  225,608 156,638 638,500 504,531
f Administrative expenses ....          
g End of year balance ...... 8,785,934 8,785,934 8,568,993 8,006,408 7,942,779
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment right arrow62.77 %
b
Permanent endowment right arrow37.23 %
c
Term endowment right arrow  
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
No
(ii) Related organizations .................
3a(ii)
 
No
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment)
(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....   2,049,967 2,049,967
b Buildings ....   18,743,213 81,735,162 -62,991,949
c Leasehold improvements   100,282,467 10,018,229 90,264,238
d Equipment ....   126,602,093 121,791,460 4,810,633
e Other .....   1,503,619   1,503,619
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..right arrow 35,636,508
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)
(b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)right arrow  
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)right arrow  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)REINSURANCE INSURANCE RECEIVAB  
(2)EST THIRD PARTIES SETTLEMENT  
(3)OTHER ASSETS  
(4)RIGHT OF USE ASSETS  
(5)SELF INSURANCE TRUST  
(6)PENSION PLAN ASSETS  
(7)Reinsurance Receivable 4,538,000
(8)Estimated third party settlements 361,997
(9)Other assets 1,762,457
(10)Right of use assets 10,928,279
(11)Self Insurance trust 6,889,633
(12)Pension Plan Assets 7,325,253
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........right arrow 31,805,619
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
INSURED LIABILTIES  
ASBESTOS REMOVAL LIABILITIES  
EST THIRD PARTY SETTLEMENTS  
LEASE LIABILITY  
ESTIMATED SELF INSURANCE TRUST  
OTHER LIABILITIES  
DUE TO RELATED ORGANIZATIONS  
Due to related organizations 17,660,062
Insured liabilities 4,538,000
Self Insurance Trust 6,889,633
Lease liability 11,643,472
Estimated third party settlements 2,833,773
Other liabilities 1,205,069
Asbestos Removal 2,789,812
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)right arrow 47,559,821
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2022

Schedule D (Form 990) 2022
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ........... 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ........... 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Schedule D, Part V, Line 4 Intended uses of endowment funds NEW YORK EYE AND EAR INFIRMARY'S ENDOWMENT FUNDS ARE RESTRICTED TO INVESTMENTS IN PERPETUITY WITH THE INCOME EXPENDABLE TO SUPPORT PROGRAM ACTIVITIES AS STIPULATED BY THE DONORS. THE HOSPITAL FOLLOWS THE REQUIREMENT OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("UPMIFA") AS THEY ARE RELATED TO ITS ENDOWMENT CONTRIBUTIONS. THE HOSPITAL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT. UNDER THIS POLICY, AS APPROVED BY THE BOARD OF TRUSTEES, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER TO PROVIDE THAT SUFFICIENT ASSETS ARE AVAILABLE AS A SOURCE OF LIQUIDITY FOR THE INTENDED USE OF THE FUNDS, ACHIEVE THE OPTIMAL RETURN POSSIBLE WITH THE SPECIFIC PARAMETERS, AND PRUDENTLY INVEST ASSETS IN A HIGH-QUALITY DIVERSIFIED MANNER TO ADHERE TO ESTABLISHED GUIDELINES.
Schedule D (Form 990) 2022


Additional Data


Software ID: 23017437
Software Version: 2023v5.1




SCHEDULE H
(Form 990)
Department of the Treasury
Internal Revenue Service
Hospitals
Medium right arrow Complete if the organization answered "Yes" on Form 990, Part IV, question 20a.
Medium right arrow Attach to Form 990.
Medium right arrow Go to www.irs.gov/Form990EZ for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Part I
Financial Assistance and Certain Other Community Benefits at Cost
Yes
No
1a
Did the organization have a financial assistance policy during the tax year? If "No," skip to question 6a . . . .
1a
Yes
 
b
If "Yes," was it a written policy? ......................
1b
Yes
 
2
If the organization had multiple hospital facilities, indicate which of the following best describes application of the financial assistance policy to its various hospital facilities during the tax year.
3
Answer the following based on the financial assistance eligibility criteria that applied to the largest number of the organization's patients during the tax year.
a
Did the organization use Federal Poverty Guidelines (FPG) as a factor in determining eligibility for providing free care?
If "Yes," indicate which of the following was the FPG family income limit for eligibility for free care:
3a
Yes
 
%
b
Did the organization use FPG as a factor in determining eligibility for providing discounted care? If "Yes," indicate
which of the following was the family income limit for eligibility for discounted care: . . . . . . . .
3b
Yes
 
%
c
If the organization used factors other than FPG in determining eligibility, describe in Part VI the criteria used for determining eligibility for free or discounted care. Include in the description whether the organization used an asset test or other threshold, regardless of income, as a factor in determining eligibility for free or discounted care.
4
Did the organization's financial assistance policy that applied to the largest number of its patients during the tax year provide for free or discounted care to the "medically indigent"? . . . . . . . . . . . . .

4

Yes

 
5a
Did the organization budget amounts for free or discounted care provided under its financial assistance policy during
the tax year? . . . . . . . . . . . . . . . . . . . . . . .

5a

Yes

 
b
If "Yes," did the organization's financial assistance expenses exceed the budgeted amount? . . . . . .
5b
Yes
 
c
If "Yes" to line 5b, as a result of budget considerations, was the organization unable to provide free or discountedcare to a patient who was eligibile for free or discounted care? . . . . . . . . . . . . .
5c
 
No
6a
Did the organization prepare a community benefit report during the tax year? . . . . . . . . .
6a
Yes
 
b
If "Yes," did the organization make it available to the public? . . . . . . . . . . . . .
6b
Yes
 
Complete the following table using the worksheets provided in the Schedule H instructions. Do not submit these worksheets with the Schedule H.
7
Financial Assistance and Certain Other Community Benefits at Cost
Financial Assistance and
Means-Tested
Government Programs
(a) Number of activities or programs (optional) (b) Persons served (optional) (c) Total community benefit expense (d) Direct offsetting revenue (e) Net community benefit expense (f) Percent of total expense
a Financial Assistance at cost
(from Worksheet 1) . . .
    3,855,912 1,603,364 2,252,548 1.60 %
b Medicaid (from Worksheet 3, column a) . . . . .     35,131,139 21,077,977 14,053,162 9.97 %
c Costs of other means-tested government programs (from Worksheet 3, column b) . .         0 0 %
d Total Financial Assistance and Means-Tested Government Programs . . . . . 0 0 38,987,051 22,681,341 16,305,710 11.56 %
Other Benefits
e Community health improvement services and community benefit operations (from Worksheet 4).         0 0 %
f Health professions education (from Worksheet 5) . . .     7,392,439 532,428 6,860,011 4.86 %
g Subsidized health services (from Worksheet 6) . . . .         0 0 %
h Research (from Worksheet 7) .         0 0 %
i Cash and in-kind contributions for community benefit (from Worksheet 8) . . . .         0 0 %
j Total. Other Benefits . . 0 0 7,392,439 532,428 6,860,011 4.86 %
k Total. Add lines 7d and 7j . 0 0 46,379,490 23,213,769 23,165,721 16.43 %
For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat. No. 50192T Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page
Part II
Community Building Activities Complete this table if the organization conducted any community building activities during the tax year, and describe in Part VI how its community building activities promoted the health of the communities it serves.
(a) Number of activities or programs (optional) (b) Persons served (optional) (c) Total community building expense (d) Direct offsetting
revenue
(e) Net community building expense (f) Percent of total expense
1 Physical improvements and housing         0 0 %
2 Economic development         0 0 %
3 Community support         0 0 %
4 Environmental improvements     245   245 0 %
5 Leadership development and
training for community members
        0 0 %
6 Coalition building         0 0 %
7 Community health improvement advocacy         0 0 %
8 Workforce development         0 0 %
9 Other         0 0 %
10 Total 0 0 245 0 245 0 %
Part III
Bad Debt, Medicare, & Collection Practices
Section A. Bad Debt Expense
Yes
No
1
Did the organization report bad debt expense in accordance with Healthcare Financial Management Association Statement No. 15? ..........................
1
 
 
2
Enter the amount of the organization's bad debt expense. Explain in Part VI the methodology used by the organization to estimate this amount. ......
2
1,480,472
3
Enter the estimated amount of the organization's bad debt expense attributable to patients eligible under the organization's financial assistance policy. Explain in Part VI the methodology used by the organization to estimate this amount and the rationale, if any, for including this portion of bad debt as community benefit. ......
3
 
4
Provide in Part VI the text of the footnote to the organization’s financial statements that describes bad debt expense or the page number on which this footnote is contained in the attached financial statements.
Section B. Medicare
5
Enter total revenue received from Medicare (including DSH and IME).....
5
11,865,337
6
Enter Medicare allowable costs of care relating to payments on line 5.....
6
16,005,123
7
Subtract line 6 from line 5. This is the surplus (or shortfall)........
7
-4,139,786
8
Describe in Part VI the extent to which any shortfall reported in line 7 should be treated as community benefit.Also describe in Part VI the costing methodology or source used to determine the amount reported on line 6.Check the box that describes the method used:
Section C. Collection Practices
9a
Did the organization have a written debt collection policy during the tax year? ..........
9a
Yes
 
b
If "Yes," did the organization’s collection policy that applied to the largest number of its patients during the tax year
contain provisions on the collection practices to be followed for patients who are known to qualify for financial assistance? Describe in Part VI .........................

9b

Yes

 
Part IV
Management Companies and Joint Ventures(owned 10% or more by officers, directors, trustees, key employees, and physicians—see instructions)
(a) Name of entity (b) Description of primary
activity of entity
(c) Organization's
profit % or stock
ownership %
(d) Officers, directors,
trustees, or key
employees' profit %
or stock ownership %
(e) Physicians'
profit % or stock
ownership %
1
2
3
4
5
6
7
8
9
10
11
12
13
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page
Part VFacility Information
Section A. Hospital Facilities
(list in order of size from largest to smallest—see instructions)How many hospital facilities did the organization operate during the tax year?1Name, address, primary website address, and state license number (and if a group return, the name and EIN of the subordinate hospital organization that operates the hospital facility)
Licensed Hospital General Medical and Surgical Children's Hospital Teaching Hospital Critical Access Hospital Research Facility ER-24Hours ER-Other Other (describe) Facility reporting group
1 NEW YORK EAR & EYE INFIRMARY
310 EAST 14TH STREET
NEW YORK,NY10003
WWW.NYEE.EDU
7002026H
X     X   X     SPECIALTY EYE & EAR HOSPITAL  
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 4
Part VFacility Information (continued)

Section B. Facility Policies and Practices

(Complete a separate Section B for each of the hospital facilities or facility reporting groups listed in Part V, Section A)
NEW YORK EAR & EYE INFIRMARY
Name of hospital facility or letter of facility reporting group  
Line number of hospital facility, or line numbers of hospital facilities in a facility
reporting group (from Part V, Section A):
1
Yes No
Community Health Needs Assessment
1 Was the hospital facility first licensed, registered, or similarly recognized by a state as a hospital facility in the current tax year or the immediately preceding tax year?........................ 1   No
2 Was the hospital facility acquired or placed into service as a tax-exempt hospital in the current tax year or the immediately preceding tax year? If “Yes,” provide details of the acquisition in Section C............... 2   No
3 During the tax year or either of the two immediately preceding tax years, did the hospital facility conduct a community health needs assessment (CHNA)? If "No," skip to line 12...................... 3 Yes  
If "Yes," indicate what the CHNA report describes (check all that apply):
a
b
c
d
e
f
g
h
i
j
4 Indicate the tax year the hospital facility last conducted a CHNA: 20 23
5 In conducting its most recent CHNA, did the hospital facility take into account input from persons who represent the broad interests of the community served by the hospital facility, including those with special knowledge of or expertise in public health? If "Yes," describe in Section C how the hospital facility took into account input from persons who represent the community, and identify the persons the hospital facility consulted ................. 5 Yes  
6 a Was the hospital facility’s CHNA conducted with one or more other hospital facilities? If "Yes," list the other hospital facilities in Section C.................................. 6a Yes  
b Was the hospital facility’s CHNA conducted with one or more organizations other than hospital facilities?” If “Yes,” list the other organizations in Section C. ............................ 6b   No
7 Did the hospital facility make its CHNA report widely available to the public?.............. 7 Yes  
If "Yes," indicate how the CHNA report was made widely available (check all that apply):
a
b
c
d
8 Did the hospital facility adopt an implementation strategy to meet the significant community health needs
identified through its most recently conducted CHNA? If "No," skip to line 11. ..............
8 Yes  
9 Indicate the tax year the hospital facility last adopted an implementation strategy: 20 24
10 Is the hospital facility's most recently adopted implementation strategy posted on a website?......... 10 Yes  
a If "Yes" (list url): https://www.nyee.edu/files/NYEE/About%20Us/Community/NYEE-CHNA-2023.pdf
b If "No," is the hospital facility’s most recently adopted implementation strategy attached to this return? ...... 10b    
11 Describe in Section C how the hospital facility is addressing the significant needs identified in its most recently conducted CHNA and any such needs that are not being addressed together with the reasons why such needs are not being addressed.
12a Did the organization incur an excise tax under section 4959 for the hospital facility's failure to conduct a CHNA as required by section 501(r)(3)?............................... 12a   No
b If "Yes" on line 12a, did the organization file Form 4720 to report the section 4959 excise tax?........ 12b    
c If "Yes" on line 12b, what is the total amount of section 4959 excise tax the organization reported on Form 4720 for all of its hospital facilities? $  

Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 5
Part VFacility Information (continued)

Financial Assistance Policy (FAP)
NEW YORK EAR & EYE INFIRMARY
Name of hospital facility or letter of facility reporting group  
Yes No
Did the hospital facility have in place during the tax year a written financial assistance policy that:
13 Explained eligibility criteria for financial assistance, and whether such assistance included free or discounted care? 13 Yes  
If “Yes,” indicate the eligibility criteria explained in the FAP:
a
b
c
d
e
f
g
h
14 Explained the basis for calculating amounts charged to patients?................. 14 Yes  
15 Explained the method for applying for financial assistance?................... 15 Yes  
If “Yes,” indicate how the hospital facility’s FAP or FAP application form (including accompanying instructions) explained the method for applying for financial assistance (check all that apply):
a
b
c
d
e
16 Was widely publicized within the community served by the hospital facility?........ 16 Yes  
If "Yes," indicate how the hospital facility publicized the policy (check all that apply):
a
https://www.mountsinai.org/about/financial-assistance
b
https://www.mountsinai.org/about/financial-assistance
c
d
e
f
g
h
i
j
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 6
Part VFacility Information (continued)

Billing and Collections
NEW YORK EAR & EYE INFIRMARY
Name of hospital facility or letter of facility reporting group  
Yes No
17 Did the hospital facility have in place during the tax year a separate billing and collections policy, or a written financial assistance policy (FAP) that explained all of the actions the hospital facility or other authorized party may take upon nonpayment?.................................. 17 Yes  
18 Check all of the following actions against an individual that were permitted under the hospital facility's policies during the tax year before making reasonable efforts to determine the individual’s eligibility under the facility’s FAP:
a
b
c
d
e
f
19 Did the hospital facility or other authorized party perform any of the following actions during the tax year before making reasonable efforts to determine the individual’s eligibility under the facility’s FAP?............ 19   No
If "Yes," check all actions in which the hospital facility or a third party engaged:
a
b
c
d
e
20 Indicate which efforts the hospital facility or other authorized party made before initiating any of the actions listed (whether or not checked) in line 19. (check all that apply):
a
b
c
d
e
f
Policy Relating to Emergency Medical Care
21 Did the hospital facility have in place during the tax year a written policy relating to emergency medical care that required the hospital facility to provide, without discrimination, care for emergency medical conditions to individuals regardless of their eligibility under the hospital facility’s financial assistance policy?.................. 21 Yes  
If "No," indicate why:
a
b
c
d
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 7
Part VFacility Information (continued)

Charges to Individuals Eligible for Assistance Under the FAP (FAP-Eligible Individuals)
NEW YORK EAR & EYE INFIRMARY
Name of hospital facility or letter of facility reporting group  
Yes No
22 Indicate how the hospital facility determined, during the tax year, the maximum amounts that can be charged to FAP-eligible individuals for emergency or other medically necessary care.
a
b
c
d
23 During the tax year, did the hospital facility charge any FAP-eligible individual to whom the hospital facility provided emergency or other medically necessary services more than the amounts generally billed to individuals who had insurance covering such care? ............................... 23   No
If "Yes," explain in Section C.
24 During the tax year, did the hospital facility charge any FAP-eligible individual an amount equal to the gross charge for any service provided to that individual? ........................... 24   No
If "Yes," explain in Section C.
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 8
Part V
Facility Information (continued)
Section C. Supplemental Information for Part V, Section B. Provide descriptions required for Part V, Section B, lines 2, 3j, 5, 6a, 6b, 7d, 11, 13b, 13h, 15e, 16j, 18e, 19e, 20a, 20b, 20c, 20d, 20e, 21c, 21d, 23, and 24. If applicable, provide separate descriptions for each hospital facility in a facility reporting group, designated by facility reporting group letter and hospital facility line number from Part V, Section A (“A, 1,” “A, 4,” “B, 2,” “B, 3,” etc.) and name of hospital facility.
Form and Line Reference Explanation
Schedule H, Part V, Section B, Line 3E THE SIGNIFICANT HEALTH NEEDS OF THE COMMUNITY IDENTIFIED IN THE CNHA ARE PRIORITIZED ACCORDING TO THE COMMUNITY NEEDS.
Schedule H, Part V, Section B, Line 5 Facility , 1 Facility , 1 - NEW YORK EYE & EAR INFIRMARY. THE HOSPITAL FACILITY TOOK INTO ACCOUNT INPUT FROM PERSONS WHO REPRESENT THE COMMUNITY, INCLUDING THOSE WITH SPECIAL KNOWLEDGE OF OR EXPERTISE IN PUBLIC HEALTH, THROUGH KEY INFORMANT INTERVIEWS AND FOCUS GROUPS. INPUT WAS OBTAINED FROM ORGANIZATIONS PROVIDING COMMUNITY INPUT TWENTY-ONE INTERVIEW SESSIONS WERE HELD WITH 40 INDIVIDUALS REPRESENTING 19 ORGANIZATIONS. COLLECTIVELY, THESE 19 ORGANIZATIONS SERVE A WIDE-RANGE OF COMMUNITY RESIDENTS; INDIVIDUALLY, THESE SERVE MEDICALLY UNDERSERVED COMMUNITIES (SUCH AS LGBTQ INDIVIDUALS, IMMIGRANT POPULATIONS, AND COMMUNITY MEMBERS WITH LIMITED ENGLISH PROFICIENCY), LOW-INCOME COMMUNITIES (NOTABLY CHILDREN AND SENIORS), AND MINORITY POPULATIONS (INCLUDING CHINESE AND HISPANIC RESIDENTS). ORGANIZATIONS REPRESENTED BY THESE INDIVIDUALS ARE AS FOLLOWS: ASPHALT GREEN; ASSEBLY DISTRICT 68; CATHOLIC CHARITIES; CHARLES B. WANG COMMUNTIY HEALTH CENTER; Concrete Safaris; East Harlem Community Health Council; Educational Alliance; George Washington Carver Houses Tenant Association; Manhattan Community Board 3; Manhattan Community Board 8; Mount Sinai Beth Israel Community Advisory Board; Mount Sinai Brooklyn Hospital Staff; Mount Sinai Health System Staff Member; Mount Sinai Hospital Community Advisory Board; Mount Sinai Hospital Staff; Mount Sinai Queens Hospital Staff; New York Common Pantry; NYC Department of Health and Mental Hygiene; and Organization that chose to remain anonymous. The data was gathered between April and December 2023.
Schedule H, Part V, Section B, Line 6a Facility , 1 Facility , 1 - NEW YORK EYE & EAR INFIRMARY. NYEE COLLABORATED WITH THE MOUNT SINAI HEALTH SYSTEM AND ITS FOLLOWING HOSPITALS: MOUNT SINAI HOSPITAL & MOUNT SINAI QUEENS, MOUNT SINAI BETH ISRAEL HOSPITAL & MOUNT SINAI BROOKLYN, AND ST. LUKE'S HOSPITAL & MOUNT SINAI WEST. CHNAS FOR THESE HOSPITALS WERE DEVELOPED ALONGSIDE THE NYEE CHNA.
Schedule H, Part V, Section B, Line 11 Facility , 1 Facility , 1 - NEW YORK EYE & EAR INFIRMARY. The 2023 NYEE CHNA identified a number of significant health needs in the community. The CHNA process considered and assessed a wide range of primary and secondary data sources including structured interviews with persons who represent the broad interests of the community and those with expertise in public health, and assessments and studies prepared by other organizations. The CHNA report identified eleven health needs as significant in the community, as listed below in alphabetical order. Access to Mental Health Care and Poor Mental Health Status Access to Primary Health Care Services by Individuals with Limited Resources Aging Population Chronic Diseases and Contributing Lifestyle Factors Environmental Determinants of Health Homelessness Navigating a Changing Health Care Provider Environment Poverty, Financial Hardship, and Basic Needs Insecurity Safe and Affordable Housing Socio-Economic, Racial, Cultural, Ethnic, and Linguistic Barriers to Care Substance Use Disorder NYEE has a proud tradition of serving the community and providing significant resources towards community benefit activities. Over the next three years, the hospital plans to continue this commitment to meet health needs in the community. To develop the planned response to significant community health needs identified in the 2023 CHNA, the hospital reviewed the CHNA findings and applied the following criteria to determine the most appropriate needs for the hospital to address: The extent to which the hospital has resources to address the need; The extent to which the hospital has expertise or competencies to address the need; The priority assigned to the need; The availability of effective interventions that address the need; and The extent to which other hospital facilities and/or community organizations are addressing the issue. By applying these criteria, the hospital selected the following significant needs to focus its efforts during the 2024-2026 time period: Aging Population and Chronic Diseases and Contributing Lifestyle Factors. Discussion of these focused efforts is below. Included in the discussion is the following: I. Actions NYEE intends to take, including programs and resources it plans to commit; II. Anticipated impact of these actions and a plan to evaluate that impact; III. Planned collaborations between the hospital and other organizations; and IV. Planned commitments of resources. Many intended activities of NYEE are expected to impact multiple needs identified in the CHNA. These activities are as described below. Health professions education: The health professions education activities of NYEE respond to both the current and future community health needs for chronic disease treatment and prevention. NYEE actively participates in two residency programs. Participation in Medicaid. Medicaid provides health coverage to low-income individuals through federal and state funding. NYEE participation in New York State Medicaid includes inpatient and outpatient services. NYEE social workers help patients apply for Medicaid coverage. In 2021, the payments for services provided to Medicaid patients were approximately 70 percent of the cost to provide these services. Community Health Improvement Activities: NYEE supports numerous activities to improve community health through grants and in-kind contributions. Community health improvement activities include facilitating support groups for head and neck cancer survivors as well as for individuals with macular degeneration, uveitis, and glaucoma. Subsidized Health Services. NYEE provides numerous inpatient and outpatient service lines that operate as losses. NYEE continues to provide these services because the health of community members would diminish because other providers would be unlikely to provide these services. Subsidized health services provided by NYEE focus on helping patients receive pharmaceutical products at no out-of-pocket cost. Health Care Services. A range of specialized health care services is available at the hospital, outpatient facilities, and physician practices throughout the community. As part of the Mount Sinai Health System, patients have access to a full range of clinical care specialties and treatments, as well as facilitated clinical and academic relationships through the Mount Sinai Health Network. The quality of comprehensive care is enhanced through technological tools, including provider-to-provide communication with Mount Sinai Connect and online patient gateways with the MyMountSinai mobile phone application and MyChart desktop portal. Community Activities. Throughout the year, NYEE partners with senior centers and community centers to provide vision and hearing screenings. Physicians participate in "Lunch & Learn" lectures and presentations at major organizations and associations to educate the public about preventing and treating eye disease as well as hearing/ENT and balance topics. NYEE also attends corporate health fairs and events throughout the city providing information on its specialty services. Further, many NYEE physicians conduct annual global mission trips, performing surgery in developing countries. Spiritual Care: As NYEE is committed to healing the body, mind, and spirit, chaplains contribute to caring for the whole person. Spiritual care staff is interfaith and highly respectful of everyone's individual beliefs. Spiritual care is offered to help patients, and their families find comfort and hope while experiencing challenges. Oher activities of NYEE impact needs that the hospital selected to focus its efforts during the 2024-2026 time period. These activities, described below, impact the following selected needs: Aging Population and Chronic Diseases and Contributing Lifestyle Factors. Aging Population: The 2023 NYEE CHNA found that the number of older adults in the community is growing rapidly and that this growth will increase needed support for healthcare, housing, transportation, and nutrition assistance. Planned activities for healthcare directly and indirectly related to an aging population are described below. These activities are in addition to the NYEE activities that impact multiple needs. Specialty Medical Services. NYEE is one of the world's leading facilities for the diagnosis and treatment of diseases of the eyes, ears, nose, and throat, and related structures of the head and neck. Its specialty medical services treat conditions and diseases that are more prevalent in older populations. Treatments for these conditions and diseases enable seniors to be healthier and live independently. NYEE specializes in vision and hearing services, including the following: Eye Services. NYEE provides patients with the most advanced and comprehensive treatments for all eye conditions, including cataracts, corneal disease, eye trauma, glaucoma, low vision, uveitis, and retina conditions such as age-related macular degeneration, and many other ophthalmologic disorders, Ear, Nose, and Throat Services. NYEE provides a full range of superb health care services for all conditions of the ears, nose, throat, sinuses, head, and neck with expertise in the treatment of sinus problems, voice and throat conditions, hearing disorders, sleeping and airway difficulties, and cosmetic issues of the face and neck, Plastic and Reconstructive Surgery. NYEE has been a referral center for plastic and reconstructive surgery since 1983; available is reconstructive plastic surgery following trauma, disease, or hereditary malformation, as well as aesthetic plastic surgery; and Sleep Services. The NYEE sleep center offers a full range of diagnostic services for adults and children affected by sleep disorders, including obstructive sleep apnea, snoring, insomnia, narcolepsy, periodic limb movement disorder (PLMD), and daytime sleepiness. Events. NYEE conducts special events throughout the year. Examples of special events include an annual Holiday Eyeglass Donations Drive, "Lunch & Learn" lectures and presentations at major organizations and associations to educate the public about preventing and treating eye disease as well as hearing/ENT and balance topics; corporate health fairs and events throughout the city; and tours of a local museum for people with low vision. The 2023 NYEE CHNA found that chronic diseases in the community include arthritis, asthma, cancers, cardiovascular disease, diabetes, hypertension, kidney disease, and pulmonary issues. Contributing lifestyle factors might also include poor nutrition, alcohol consumption, and physical inactivity. Planned activities to help reduce the incidence of and manage current chronic disease, including increasing healthy life factors. These activities are in addition to the NYEE activities that impact multiple needs.
Schedule H, Part V, Section B, Line 11 Facility , 2 Facility , 2 - . life factors, are described below. These activities are in addition to the NYEE activities that impact multiple needs. Health professions education. The health professions education activities of NYEE respond to both the current and future community health needs for chronic disease treatment and prevention. NYEE actively participates in two residency programs, as follows: * Ophthalmology Residency; and * Otolaryngology Resident Training Program. Chronic Disease Services. The hospital provides specialty care at its Manhattan campus, as well as the health system's physician practices throughout Manhattan. The hospital, together with The Mount Sinai Health System, is a leader in providing quality health care to its patients regardless of their ability to pay. Specialty health care services related to chronic diseases and contributing lifestyle factors include the ones listed below. * Eye Services. NYEE offers the most advanced care for all eye conditions, including cataracts, glaucoma, age-related macular degeneration, corneal disease, retina conditions, and many other ophthalmologic disorders; * After-Hours Emergency Eye Care. NYEE's after-hours emergency team provides state-of-the-art urgent eye care led by NYEE's world-renowned faculty physicians, ophthalmology residents and fellows, registered nurses, and ophthalmic technicians; * Ear, Nose, and Throat Services. The NYEE Department of Otolaryngology provides a full range of superb health care services for all conditions of the ears, nose, throat, sinuses, head, and neck, including expertise in the treatment of sinus problems, voice and throat conditions, hearing disorders, sleeping and airway difficulties, and cosmetic issues of the face and neck; * Eye Clinic. The NYEE Comprehensive Eye Clinic with highly trained physicians and support staff are experts in the treatment of a wide range of eye disorders offers an array of subspecialty services including comprehensive eye services, cornea and dry eye, low vision, minor surgery, neuro-ophthalmology, oculoplastic and orbital surgery, refraction/eyeglasses, and laser vision correction; * Medical Photography and Imaging Service. The NYEE Department of Medical Photography/Imaging provides diagnostic ophthalmic services with highly specialized diagnostic imaging technologies and equipment to evaluate and document parts of the eye providing detailed information to enable physicians to accurately diagnose conditions and develop effective treatment plans; * Plastic and Reconstructive Surgery. NYEE is a referral center that offers reconstructive (restorative) plastic surgery services that include breast reconstruction following cancer, craniofacial reconstruction, post trauma reconstruction (facial and orbital fracture repair, burn reconstruction, and scar revision), as well as with aesthetic (cosmetic) plastic surgery services that include facial surgery, breast enhancement, body contouring, and non-surgical procedures; and * Sleep Services. The NYEE Sleep Center offers a full range of diagnostic services for adults and children affected by sleep disorders, including obstructive sleep apnea, snoring, insomnia, narcolepsy, periodic limb movement disorder (PLMD), and daytime sleepiness
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 9
Part VFacility Information (continued)

Section D. Other Health Care Facilities That Are Not Licensed, Registered, or Similarly Recognized as a Hospital Facility
(list in order of size, from largest to smallest)
How many non-hospital health care facilities did the organization operate during the tax year?8
Name and address Type of Facility (describe)
1 NYEE - COLUMBUS CIRCLE
200 W 57TH STREET SUITE 1410
NEW YORK,NY10019
PHYSICIAN PRACTICE OFFICE
2 NYEE - TRIBECA
77 WORTH STREET
NEW YORK,NY10013
PHYSICIAN PRACTICE OFFICE
3 NYEE - BAY RIDGE
9020 5TH AVENUE 3RD FLOOR
BAY RIDGE,NY11209
PHYSICIAN PRACTICE OFFICE
4 NYEE - MIDWOOD
1630 E 15TH STREET 203
BROOKLYN,NY11229
PHYSICIAN PRACTICE OFFICE
5 NYEE - MINEOLA
200 OLD COUNTRY ROAD 130
MINEOLA,NY11501
PHYSICIAN PRACTICE OFFICE
6 NYEE - WILLIAMSBURG
101 BROADWAY 201
BROOKLYN,NY11211
PHYSICIAN PRACTICE OFFICE
7 NYEE - WHITE PLAINS
244 WESTCHESTER AVE 215
WHITE PLAINS,NY10604
PHYSICIAN PRACTICE OFFICE
8 NYEE - 2ND AVE
380 2ND AVENUE
NEW YORK,NY10010
PHYSICIAN PRACTICE OFFICE
9
10
Schedule H (Form 990) 2023
Schedule H (Form 990) 2023
Page 10
Part VI
Supplemental Information
Provide the following information.
1 Required descriptions. Provide the descriptions required for Part I, lines 3c, 6a, and 7; Part II and Part III, lines 2, 3, 4, 8 and 9b.
2 Needs assessment. Describe how the organization assesses the health care needs of the communities it serves, in addition to any CHNAs reported in Part V, Section B.
3 Patient education of eligibility for assistance. Describe how the organization informs and educates patients and persons who may be billed for patient care about their eligibility for assistance under federal, state, or local government programs or under the organization’s financial assistance policy.
4 Community information. Describe the community the organization serves, taking into account the geographic area and demographic constituents it serves.
5 Promotion of community health. Provide any other information important to describing how the organization’s hospital facilities or other health care facilities further its exempt purpose by promoting the health of the community (e.g., open medical staff, community board, use of surplus funds, etc.).
6 Affiliated health care system. If the organization is part of an affiliated health care system, describe the respective roles of the organization and its affiliates in promoting the health of the communities served.
7 State filing of community benefit report. If applicable, identify all states with which the organization, or a related organization, files a community benefit report.
Form and Line Reference Explanation
Schedule H, Part I, Line 7g Subsidized health service costs from physician clinic, line 7G A. Financial assistance at cost; see worksheet 1 B. Medicaid ; See worksheet C. Financial assistance and means-tested government programs are the sum of A and B. D. N/A E. Health Professions Education GME, continuing medical education and community health education lectures. We follow the instructions dividing the result by the expense from part IX line 25 of column A. F. Subsidized health services. We provide pharmaceuticals to needy patients and to others for free or at discounted prices. G. N/A H. N/a I. Total other benefits (see page 1) J. Total lines 7d and 7
Schedule H, Part I, Line 7 Explanation of costing methodology used for calculating line 7 Financial and certain other community benefit costs at cost; NYEE used the ratio of cost to charges methodology for costing purposes. The cost to charge ratio was derived utilizing worksheet 2. Ratios of patient care costs to charges.
Schedule H, Part I, Line 6a Community benefit report prepared by related organization Mount Sinai Health System
Schedule H, Part II Community Building Activities DESCRIPTION OF COMMUNITY SUPPORT, COMMUNITY BUILDING ACTIVITIES AND COMMUNITY HEALTH IMPROVEMENT SERVICES LOW VISION SERVICE NYEE IS IN PARTNERSHIP WITH LAVELLE FUND FOR THE BLIND TO EXPAND LOW VISION SERVICES FOR PATIENTS LIVING WITH IRREVERSIBLE VISION LOSS. THE PROGRAM WILL STRENGTHEN SERVICES FOR PATIENTS WITH IRREVERSIBLE VISION LOSS BY LAUNCHING A SUSTAINABLE CROSS-REFERRAL SERVICE BETWEEN NYEE'S LOW VISION OPTOMETRY CLINIC AND NYC VISION REHABILITATION AGENCIES SUCH AS VISIONS, AND A LOW VISION OPTICAL SHOP AND TECHNOLOGY CENTER ADJACENT TO THE LOW VISION OPTOMETRY CLINIC. STAFF AND VOLUNTEERS WILL RECEIVE TRAINING IN THE AVAILABLE LOW VISION AND VISION REHABILITATION RESOURCES TO BETTER SERVE OUR PATIENT POPULATION IN UNDERSTANDING SKILLS OF DAILY LIVING, SAFE MOBILITY IN THE HOME AND COMMUNITY, AND LEARNING TO USE ADAPTIVE COMMUNICATION SKILLS AND COMPUTER TECHNOLOGY. VISION REHABILITATION PROGRAM NYEE'S LOW VISION SERVICE IS A MEMBER OF THE LIGHTHOUSE GUILD VISION REHABILITATION NETWORK. AS PART OF THE NETWORK, NYEE HAS ACCESS TO AN ONLINE PROGRAM THAT HELPS OPHTHALMOLOGISTS, AND OPHTHALMOLOGY RESIDENTS UNDERSTAND HOW TO EFFECTIVELY INCORPORATE VISION REHABILITATION INTO PATIENT CARE. THE TRAINING PROGRAM WILL HELP IDENTIFY PATIENTS WITH LOW VISION, ASSESS THEIR LOW VISION NEEDS, AND REFER PATIENTS TO VISION REHABILITATION AND OTHER NONMEDICAL VISION SERVICES. PATIENTS WILL BENEFIT FROM LOW VISION EVALUATIONS/EXAMS, BASIC INTERVENTIONS THAT CAN IMPROVE PERFORMANCE IN DAILY ACTIVITIES, BEHAVIORAL HEALTH SERVICES, REHABILITATION STRATEGIES, AND ADAPTIVE TECHNOLOGY OPTIONS. IN ADDITION, THE NETWORK WILL CAPTURE DATA THAT WILL GENERATE RESEARCH INTO HOW TO BEST AND MOST COST EFFECTIVELY PROVIDE VISION REHABILITATION SERVICES NATIONWIDE. CHILDREN'S HEARING PROGRAM AT THE EAR INSTITUTE OF NEW YORK EYE AND EAR INFIRMARY OF MOUNT SINAI EARLY HEARING DETECTION AND INTERVENTION PROGRAM THE EAR INSTITUTE AT NYEE PARTICIPATES IN NEW YORK STATE EARLY HEARING DETECTION AND INTERVENTION PROGRAM (NY EHDI) SUPPORTS THE US SURGEON GENERAL'S HEALTHY PEOPLE 2020 GOAL ENT - VSL: INCREASE THE PROPORTION OF NEWBORNS WHO ARE SCREENED FOR HEARING LOSS BY NO LATER THAN AGE 1 MONTH, HAVE AUDIOLOGIC EVALUATION BY AGE 3 MONTHS, AND ARE ENROLLED IN APPROPRIATE INTERVENTION SERVICES NO LATER THAN AGE 6 MONTHS. UNIVERSAL NEWBORN HEARING SCREENING IS A COMPONENT OF THE NY EHDI PROGRAM. THE INSTITUTE IS ONE OF THE QUALIFIED OUTPATIENT INFANT SCREENING CENTER TO ADMINISTER A FULL INFANT DIAGNOSTIC HEARING ASSESSMENT, IF THE INFANT FAILS A SECOND SCREENING. IF HEARING LOSS IS DETECTED, INFANTS ARE REFERRED TO THE EAR INSTITUTE'S EARLY INTERVENTION PROGRAM FOR APPROPRIATE INTERVENTION SERVICES. EARLY INTERVENTION PROGRAM CHILDREN UNDER 3 YEARS OLD AND THEIR FAMILIES CAN TAKE ADVANTAGE OF OUR EARLY INTERVENTION PROGRAM(EIP), FUNDED AND REGULATED BY THE NEW YORK STATE DEPARTMENT OF HEALTH, AND NEW YORK CITY DEPARTMENT OF MENTAL HEALTH, MENTAL RETARDATION, AND ALCOHOLISM SERVICES. EIP PROVIDES FREE SPEECH PATHOLOGY AND AUDIOLOGY SERVICES TO ELIGIBLE CHILDREN. IF YOUR INFANT OR TODDLER IS DEVELOPING SLOWER THAN NORMAL IN ONE OR MORE AREAS-SUCH AS SPEECH, MOTOR FUNCTION, OR PHYSICAL DEVELOPMENT (INCLUDING HEARING OR VISION) -THEY MAY BE ELIGIBLE FOR THIS PROGRAM. THE EAR INSTITUTE SERVES CHILDREN FROM THE FIVE BOROUGHS OF NEW YORK CITY, AND ASSIST IN REFERRALS TO EIP STATEWIDE. WE CAN PROVIDE CHILDREN WITH A FREE EVALUATION (IN THEIR NATIVE LANGUAGE) TO DETERMINE ELIGIBILITY FOR EIP. WE HAVE ESPECIALLY GEARED OUR PROGRAM TO PARENTS, HELPING THEM TO UNDERSTAND THEIR CHILD'S AUDITORY PROBLEM AND WHAT THEY NEED TO DO ON A REGULAR BASIS AT HOME TO ENHANCE THEIR CHILD'S SPEECH AND LANGUAGE DEVELOPMENT. MACULAR DEGENERATION SUPPORT GROUP OFFERS MEMBERS A FORUM TO DISCUSS THEIR EXPERIENCES, SHARE COPING STRATEGIES, AND PROVIDE EMOTIONAL SUPPORT TO EACH OTHER. NYEE'S DOCTORS AND PATIENT CARE STAFF PROVIDE INFORMATION ABOUT NEW TECHNOLOGIES, RESEARCH INTO THE CONDITION, AND NUTRITION GUIDANCE. COCHLEAR IMPLANT SUPPORT GROUP FOR EAR INSTITUTE PATIENTS HELPS RECIPIENTS OF COCHLEAR IMPLANTS (CI) SHARE EXPERIENCES AND INSIGHTS WITH OTHER COCHLEAR IMPLANT USERS, GET HELP ADJUSTING TO LIFE WITH CI'S, AND GAIN THE MOST FROM LIVING WITH THEIR DEVICE.
Schedule H, Part III, Line 2 Bad debt expense - methodology used to estimate amount NYEE'S PROVISION FOR BAD DEBTS IS RECORDED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE AMOUNT OF THE PROVISION FOR BAD DEBTS IS BASED UPON MANAGEMENT'S ASSESSMENT OF HISTORICAL AND EXPECTED NET COLLECTIONS, BUSINESS AND ECONOMIC CONDITIONS, TRENDS IN MEDICARE AND MEDICAID HEALTH CARE COVERAGE AND OTHER COLLECTION INDICATORS.
Schedule H, Part III, Line 3 Bad Debt Expense Methodology Not Applicable
Schedule H, Part III, Line 4 Bad debt expense - financial statement footnote INFORMATION ON NYEE'S BAD DEBT EXPENSE CAN BE FOUND ON PAGE 18 OF THE AUDITED FINANCIAL STATEMENT. NYEE'S FOOTNOTE DISCLOSURE ON BAD DEBT EXPENSE INCLUDES THE FOLLOWING: SUBSEQUENT CHANGES TO THE ESTIMATE OF THE TRANSACTION PRICE (DETERMINED ON A PORTFOLIO BASIS WHEN APPLICABLE) ARE GENERALLY RECORDED AS ADJUSTMENTS TO PATIENT SERVICE REVENUE IN THE PERIOD OF THE CHANGE. PORTFOLIO COLLECTION ESTIMATES ARE UPDATED BASED ON COLLECTION TRENDS. SUBSEQUENT CHANGES THAT ARE DETERMINED TO BE THE RESULT OF AN ADVERSE CHANGE IN THE PATIENT'S ABILITY TO PAY (DETERMINED ON A PORTFOLIO BASIS WHEN APPLICABLE) ARE RECORDED AS BAD DEBT EXPENSE. BAD DEBT EXPENSE FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, WAS NOT SIGNIFICANT.
Schedule H, Part III, Line 8 Community benefit & methodology for determining medicare costs MEDICARE ALLOWABLE COST WERE OBTAINED FROM THE MEDICARE COST REPORT. THE COST REPORT UTILIZES A STEP-DOWN METHODOLOGY TO ALLOCATE AN INSTITUTION'S ALLOWABLE COSTS BY SERVICE AND PROGRAM. IN ADDITION, THE HOSPITAL INCLUDED THE MEDICARE SHARE OF THE LOSS FOR HEALTH PROFESSIONS EDUCATION (SCHEDULE H, PART I, LINE 7F), WHICH AMOUNTED TO $7.9 MILLION IN ORDER TO PROVIDE A MORE ACCURATE REFLECTION OF THE HOSPITAL'S MEDICARE FINANCIAL RESULTS.
Schedule H, Part III, Line 9b Collection practices for patients eligible for financial assistance THE INFIRMARY'S COLLECTION PRACTICES DO NOT APPLY TO CHARITY CARE BALANCES. ONCE AN ACCOUNT OR A PORTION THEREOF IS DEEMED TO BE CHARITY CARE, IT IS WRITTEN OFF AS SUCH. AS A RESULT, THERE IS NO FURTHER COLLECTION EFFORT ON THE ACCOUNT BALANCE.
Schedule H, Part V, Section B, Line 16a FAP website - NEW YORK EAR & EYE INFIRMARY: Line 16a URL: https://www.mountsinai.org/about/financial-assistance;
Schedule H, Part V, Section B, Line 16b FAP Application website - NEW YORK EAR & EYE INFIRMARY: Line 16b URL: https://www.mountsinai.org/about/financial-assistance;
Schedule H, Part V, Section B, Line 16c FAP plain language summary website - NEW YORK EAR & EYE INFIRMARY: Line 16c URL: https://www.mountsinai.org/about/financial-assistance;
Schedule H, Part VI, Line 2 Needs assessment IN ADDITION TO THE CHNA REPORTED IN PART V, NYEE ASSESSED THE COMMUNITY HEALTH NEEDS BY COMPILING THE COMMUNITY SERVICE AND PREVENTION PLAN. NYEE EXAMINED DISTINCT CONSTITUENCIES FOR SERVICING OF BOTH SHORT AND LONG TERM SPECIALTY CARE HEALTH NEEDS.
Schedule H, Part VI, Line 3 Patient education of eligibility for assistance FULL-TIME MEDICAID ENROLLMENT COUNSELORS ARE AVAILABLE ON PREMISE IN ADDITION TO AN ASSISTANT MANAGER WHOSE SOLE RESPONSIBILITY IS TO ASSIST PATIENTS UPON ARRIVAL AND MAKE ELIGIBILITY FOR FINANCIAL ASSISTANCE KNOWN TO THEM. IN ACCORDANCE WITH NYS LAW, WE SUPPLY INFORMATION REGARDING MEDICAID APPLICATION. NYEE HAS A ROBUST FINANCIAL COUNSELING DEPARTMENT FOR MEDICAID, NYS HEALTH EXCHANGE AND CHARITY CARE. THE CHARITY CARE POLICY IS AVAILABLE IN FOUR LANGUAGES ON OUR WEBSITE, THROUGHOUT THE INSTITUTION AND IS AVAILABLE TO ALL PATIENTS UPON REQUESTS. THE NYEE INDIGENT CARE POLICY ASSISTS INDIGENT AND UNINSURED PATIENTS TO RECEIVE QUALITY HEALTH CARE SERVICES PROVIDED BY NYEE. FEE DISCOUNT INFORMATION MATERIAL IS AVAILABLE IN VENUES IN MULTIPLE LOCATIONS IN THE HOSPITAL.
Schedule H, Part VI, Line 4 Community information THIS SECTION IDENTIFIES AND DESCRIBES THE COMMUNITY ASSESSED BY NEW YORK EYE AND EAR INFIRMARY (NYEE) AND HOW IT WAS DETERMINED. NYEE'S COMMUNITY IS COMPRISED OF THE ENTIRETY OF NEW YORK CITY, INCLUDING EACH OF THE FIVE BOROUGHS. THE COMMUNITY IS DIVIDED INTO NEIGHBORHOODS UTILIZED BY THE NEW YORK STATE DEPARTMENT OF HEALTH; WITH EACH OF THE 42 NEIGHBORHOODS IN NEW YORK CITY IN THE NYEE COMMUNITY. THE HOSPITAL IS LOCATED IN THE LOWER EAST SIDE NEIGHBORHOOD OF MANHATTAN. THE NYEE COMMUNITY WAS ESTIMATED TO HAVE A POPULATION OF APPROXIMATELY 8.7 MILLION PERSONS IN 2021. THE COMMUNITY DEFINITION WAS VALIDATED BASED ON THE GEOGRAPHIC ORIGINS OF DISCHARGES FROM NYEE, AS WELL AS AMBULATORY SURGERY VISITS. IN 2022, THE COMMUNITY COLLECTIVELY ACCOUNTED FOR 56 PERCENT OF NYEE'S 5,729 AMBULATORY SURGERY.
Schedule H, Part VI, Line 5 Promotion of community health PLANNED ACTIVITIES TO HELP REDUCE THE INCIDENCE OF AND MANAGE CURRENT CHRONIC DISEASE, INCLUDING INCREASING HEALTHY LIFE FACTORS, ARE DESCRIBED BELOW. THESE ACTIVITIES ARE IN ADDITION TO THE NYEE ACTIVITIES THAT IMPACT MULTIPLE NEEDS. HEALTH PROFESSIONS EDUCATION. THE HEALTH PROFESSIONS EDUCATION ACTIVITIES OF NYEE RESPOND TO BOTH THE CURRENT AND FUTURE COMMUNITY HEALTH NEEDS FOR CHRONIC DISEASE TREATMENT AND PREVENTION. IN ADDITION TO CONTINUING MEDICAL EDUCATION PROGRAMS AND THE JORGE N. BUXTON, MD, MICROSURGICAL EDUCATION CENTER, NYEE ACTIVELY PARTICIPATES IN GRADUATE MEDICAL EDUCATION, INCLUDING THE FOLLOWING: - OPHTHALMOLOGY RESIDENCY; - OTOLARYNGOLOGY RESIDENCY; AND - OPHTHALMIC SUBSPECIALTY FELLOWSHIPS, INCLUDING CORNEA AND EXTERNAL DISEASE, GLAUCOMA, RETINA, PEDIATRIC OPHTHALMOLOGY, UVEITIS, AND OPHTHALMIC RECONSTRUCTIVE SURGERY. CHRONIC DISEASE SERVICES. THE HOSPITAL PROVIDES SPECIALTY CARE AT ITS MANHATTAN CAMPUS, AS WELL AS THE HEALTH SYSTEM'S PHYSICIAN PRACTICES THROUGHOUT MANHATTAN. THE HOSPITAL, TOGETHER WITH THE MOUNT SINAI HEALTH SYSTEM, IS A LEADER IN PROVIDING QUALITY HEALTH CARE TO ITS PATIENTS REGARDLESS OF THEIR ABILITY TO PAY. SPECIFIC SPECIALTY HEALTH CARE SERVICES RELATED TO THE MANAGEMENT OF CHRONIC DISEASES INCLUDE ONES LISTED BELOW. - EYE SERVICES, INCLUDING SERVICES FOR CATARACTS, GLAUCOMA, AGE-RELATED MACULAR DEGENERATION, CORNEAL DISEASE, AND RETINA CONDITIONS; - EAR, NOSE AND THROAT SERVICES, INCLUDING SERVICES FOR DISORDERS OF THE EARS, NOSE, THROAT, SINUSES, HEAD, AND NECK, SUCH AS THYROID AND PARATHYROID TUMORS, SINUS PROBLEMS, VOICE AND THROAT CONDITIONS, AND HEARING DISORDERS; - SLEEP SERVICES, INCLUDING COMPREHENSIVE DIAGNOSTIC SERVICES FOR PATIENTS AFFECTED BY SLEEP DISORDERS, SUCH AS OBSTRUCTIVE SLEEP APNEA, SNORING, INSOMNIA, NARCOLEPSY, PERIODIC LIMB MOVEMENT DISORDER, AND DAYTIME SLEEPINESS; - PLASTIC AND RECONSTRUCTIVE SURGERY, INCLUDING THE NEWEST TECHNOLOGIES AND MULTIDISCIPLINARY APPROACHES; - MEDICAL PHOTOGRAPHY AND IMAGING SERVICES, INCLUDING ADVANCED RADIOLOGY, DIAGNOSTIC IMAGING, AND MEDICAL PHOTOGRAPHY SERVICES, TO PROVIDE PHYSICIANS THE CRITICAL INFORMATION NECESSARY TO ACCURATELY DIAGNOSE CONDITIONS AND DETERMINE THE BEST TREATMENTS; - OTOLOGY CLINIC, INCLUDING TREATMENTS FOR EAR, NOSE, AND THROAT DISORDERS, SUCH AS SINUS PROBLEMS, EAR INFECTIONS, AND SWALLOWING DISORDERS, BY HIGHLY TRAINED PHYSICIANS AND SUPPORT STAFF; AND - EYE CLINIC, INCLUDING SPECIALTY CARE FOR EYE INJURIES AND INFECTIONS. RESEARCH. NYEE WORKS DAILY TO UNCOVER THE NEXT GENERATION OF MEDICATION TREATMENTS, SURGICAL TECHNIQUES, AND PREVENTION PRACTICES. RESEARCH RESOURCES INCLUDE THE SHELLEY AND STEVEN EINHORN CLINICAL RESEARCH CENTER, THE EYE AND VISION RESEARCH INSTITUTE, AND THE OPHTHALMIC INNOVATION AND TECHNOLOGY PROGRAM. NUMEROUS CLINICAL TRIALS ARE AVAILABLE IN BOTH OPHTHALMOLOGY AND OTOLARYNGOLOGY TO ENSURE PATIENTS HAVE ACCESS TO THE NEWEST AVAILABLE THERAPIES. RESEARCH ACTIVITIES ARE SUBJECT TO MSHS'S ETHICAL AND LEGAL REQUIREMENTS FOR THE CONDUCT AND OVERSIGHT OF HUMAN RESEARCH. SUPPORT GROUPS. NYEE OFFERS SUPPORT GROUPS SO PATIENTS CAN SHARE THEIR STORIES, ASK QUESTIONS, AND FIND OUT ABOUT USEFUL RESOURCES. SUPPORT GROUPS ARE FACILITATED BY NYEE PROFESSIONALS, INCLUDING NURSES AND SOCIAL WORKERS. SPECIFIC SUPPORT GROUPS INCLUDE THE FOLLOWING: - OPHTHALMOLOGY SUPPORT GROUPS; - MACULAR DEGENERATION SUPPORT GROUPS; - UVEITIS SUPPORT GROUPS; - OCULAR CANCER SUPPORT GROUPS; - OTOLARYNGOLOGY SUPPORT GROUPS; - HEAD AND NECK CANCER SUPPORT GROUP; AND - COCHLEAR IMPLANT SUPPORT GROUPS FOR EAR INSTITUTE PATIENTS. SOCIAL WORK SERVICES. NYEE SOCIAL WORKERS HELP PATIENTS UNDERSTAND AND COPE WITH ISSUES RELATED TO TREATMENTS, WORK WITH THE MEDICAL TEAM TO CREATE A SAFE DISCHARGE PLANS, AND LINK PATIENTS WITH OTHER COMMUNITY RESOURCES. LANGUAGE & COMMUNICATION ACCESS SERVICES. LANGUAGE & COMMUNICATION ACCESS SERVICES PROVIDE OVER THE PHONE AND IN-PERSON INTERPRETER SERVICES, 24 HOURS A DAY, AT NO COST TO PATIENTS. INCLUDED IN TRANSLATION SERVICES ARE SIGN LANGUAGE INTERPRETERS AND TELECOMMUNICATION DEVICES FOR THE DEAF (TDD). PHONE INTERPRETATION SERVICES ARE AVAILABLE IN OVER 200 LANGUAGES, AND VIDEO REMOTE INTERPRETATION SERVICES ARE AVAILABLE IN 35 LANGUAGES. THE NEW YORK STATE PATIENTS' BILL OF RIGHTS IS AVAILABLE IN BRAILLE AS WELL AS IN ENGLISH AND SPANISH ON CLOSED-CIRCUIT TELEVISION.
Schedule H, Part VI, Line 6 Affiliated health care system THE ORGANIZATION WORKS CLOSELY WITH ITS AFFILIATED HOSPITALS AS AN INTEGRATED HEALTH CARE PARTNERSHIP. LEADERSHIP IS COMMITTED TO WORKING WITH THE COMMUNITY AND WILL REMAIN COMMITTED TO ALLOCATING SUFFICIENT RESOURCES TO ENSURE THAT THE CLINICAL AND OUTREACH SERVICES OF EACH OF THE AFFILIATED HOSPITALS IS RESPONSIVE TO THE COMMUNITY HEALTH NEEDS BY PROVIDING HIGH QUALITY, ACCESSIBLE, AND COMPASSIONATE HEALTH CARE TO THE MAXIMUM EXTENT POSSIBLE.
Schedule H, Part VI, Line 7 State filing of community benefit report NY
Schedule H (Form 990) 2023
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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number
13-5562304
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government
(b) EIN (c) IRC section
(if applicable)
(d) Amount of cash grant (e) Amount of non-cash
assistance
(f) Method of valuation
(book, FMV, appraisal,
other)
(g) Description of
noncash assistance
(h) Purpose of grant
or assistance
(1) ICHAN SCHOOL OF MEDICINE AT MOUNT SINAI
ONE GUSTAVE L LEVY PLACE
NEW YORK,NY10029
13-6171197 501(c)3 1,410,000       FUND STRATEGIC PROJECTS
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
1
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
0
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2023

Schedule I (Form 990) 2023
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients
(c) Amount of
cash grant
(d) Amount of
noncash assistance
(e) Method of valuation (book,
FMV, appraisal, other)
(f) Description of noncash assistance
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE GRANT IS TO FUND VARIOUS STRATEGIC PROJECTS. NO MONITORING IS REQUIRED SINCE THE ENTITY IS A RELATED TAX EXEMPT ORGANIZATION
Schedule I (Form 990) 2023



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Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic Attach to Form 990.
medium right arrow graphic Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
 
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
Yes
 
b
Any related organization? ......................
6b
Yes
 
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits
(E) Total of columns
(B)(i)-(D)
(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation
(ii) Bonus & incentive
compensation
(iii) Other reportable compensation
1Burton P Drayer
 
Former Officer
(i)

(ii)
0
-------------
180,000
0
-------------
0
0
-------------
569,735
0
-------------
18,000
0
-------------
21,269
0
-------------
789,004
0
-------------
0
2ARTHUR KLEIN MD
 
Former officer
(i)

(ii)
0
-------------
0
0
-------------
0
0
-------------
600,000
0
-------------
0
0
-------------
0
0
-------------
600,000
0
-------------
0
3KENNETH DAVIS MD
 
CHIEF EXECUTIVE OFFICER
(i)

(ii)
46,620
-------------
3,653,380
18,900
-------------
1,481,100
23,983
-------------
1,879,429
416
-------------
32,584
798
-------------
62,516
90,717
-------------
7,109,009
0
-------------
0
4JAMES TSAI MD
 
PRESIDENT
(i)

(ii)
540,000
-------------
450,000
145,530
-------------
97,020
185,483
-------------
33,655
19,800
-------------
13,200
20,890
-------------
13,926
911,703
-------------
607,801
0
-------------
0
5DENNIS CHARNEY (1) MD
 
PRESIDENT, ACADEMIC AFFAIRS
(i)

(ii)
13,860
-------------
1,086,140
3,881
-------------
304,119
50,512
-------------
3,958,383
416
-------------
32,584
270
-------------
21,122
68,939
-------------
5,402,348
0
-------------
0
6MARGARET PASTUSZKO
 
EVP, SYSTEM CHIEF STRATEGY OFF
(i)

(ii)
22,050
-------------
1,727,950
5,942
-------------
465,683
2,548
-------------
199,630
416
-------------
32,584
460
-------------
36,023
31,416
-------------
2,461,870
0
-------------
0
7JEREMY BOAL MD
 
EVP, SYSTEM CMO
(i)

(ii)
11,526
-------------
905,140
0
-------------
0
10,715
-------------
837,790
416
-------------
32,584
712
-------------
55,759
23,369
-------------
1,831,273
0
-------------
0
8BETH ESSIG ESQ
 
EVP, GENERAL COUNSEL
(i)

(ii)
22,950
-------------
1,327,050
6,185
-------------
357,640
1,851
-------------
107,030
561
-------------
32,439
382
-------------
22,083
31,929
-------------
1,846,242
0
-------------
0
9STEPHEN HARVEY
 
EVP, SYSTEM CFO
(i)

(ii)
20,400
-------------
1,179,600
6,643
-------------
384,132
7,400
-------------
427,873
561
-------------
32,439
830
-------------
47,994
35,834
-------------
2,072,038
0
-------------
0
10JEFFREY SILBERSTEIN
 
EVP, SYSTEM CAO
(i)

(ii)
17,544
-------------
1,014,456
4,582
-------------
264,918
3,104
-------------
179,487
561
-------------
32,439
28
-------------
1,628
25,819
-------------
1,492,928
0
-------------
0
11KELLY CASSANO DO
 
EVP, SYS AMBULATORY OPERATION
(i)

(ii)
31,365
-------------
661,640
8,453
-------------
178,312
1,884
-------------
340,470
1,218
-------------
31,782
450
-------------
11,755
43,370
-------------
1,223,959
0
-------------
0
12MICHAEL PASTIER
 
SVP, CHIEF FINANCIAL OFFICER
(i)

(ii)
24,645
-------------
905,355
4,591
-------------
168,659
7,591
-------------
278,869
875
-------------
32,125
1,338
-------------
49,162
39,040
-------------
1,434,170
0
-------------
0
13FRANK CINO
 
SVP, SYSTEM CHIEF RISK OFFICER
(i)

(ii)
10,200
-------------
589,800
2,356
-------------
136,244
472
-------------
27,299
561
-------------
32,439
419
-------------
24,199
14,008
-------------
809,981
0
-------------
0
14KULWANTI BHAGWANDIN
 
Senior Nurse Manager
(i)

(ii)
203,911
-------------
0
0
-------------
0
79,413
-------------
0
12,907
-------------
0
23,206
-------------
0
319,437
-------------
0
0
-------------
0
15Min Jeong Jeon
 
Senior Nurse Manager
(i)

(ii)
185,004
-------------
0
22,500
-------------
0
3,833
-------------
0
11,997
-------------
0
5,008
-------------
0
228,342
-------------
0
0
-------------
0
16BRYAN HUJSAK
 
ASSISTANT PROFESSOR
(i)

(ii)
173,807
-------------
0
26,500
-------------
0
5,483
-------------
0
15,535
-------------
0
23,141
-------------
0
244,466
-------------
0
0
-------------
0
17Eugene Harrison
 
Associate Director
(i)

(ii)
173,079
-------------
0
13,017
-------------
0
214
-------------
0
9,596
-------------
0
12,206
-------------
0
208,112
-------------
0
0
-------------
0
18Brian Goldstein
 
Director
(i)

(ii)
156,109
-------------
0
24,309
-------------
0
1,464
-------------
0
11,650
-------------
0
13,770
-------------
0
207,302
-------------
0
0
-------------
0
Schedule J (Form 990) 2023

Schedule J (Form 990) 2023
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J, Part I, Line 4a Severance or change-of-control payment ARTHUR KLEIN RECEIVED $600,000 OF SEVERANCE PAYMENTS DURING 2023. JEREMY BOAL RECEIVED $148,883 OF SEVERANCE PAYMENTS DURING 2023.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE DEAN, DR. DENNIS CHARNEY, WAS THE SOLE PARTICPANT IN THE ORGANIZATION'S SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") AND WAS PAID OUT HIS ONE TIME SERP PAYMENT OF $3,000,000 IN 2023. THE BENEFITS EARNED UNDER THE SERP ARE DESIGNED TO FUND THE DEAN'S EVENTUAL RETIREMENT. THE DEAN HAS WORKED AT MOUNT SINAI FOR 20 YEARS; 17 YEARS AS DEAN.
Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization THE MOUNT SINAI HOSPITAL, A RELATED ORGANIZATION, ANSWERED YES TO QUESTIONS 6A AND 6B IN SCHEDULE J AS THE INSTITUTION UTILIZES AN INCENTIVE BASED BONUS PROGRAM FOR CERTAIN EMPLOYEES, INCLUDING SEVERAL OF THOSE EMPLOYEES LISTED IN SCHEDULE J. NET EARNINGS IS ONE OF SEVERAL METRICS UTILIZED BY THE INSTITUTION IN THE ANNUAL BONUS CALCULATION. OTHER METRICS UTILIZED IN THE INCENTIVE COMPENSATION MODEL INCLUDE THE ORGANIZATION'S PERFORMANCE ON THE JCAHO HOSPITAL CORE MEASURES, PATIENT SATISFACTION SCORES, AND OTHER ORGANIZATIONAL GOALS SUCH AS LENGTH OF STAY INITIATIVES. INDIVIDUALS THAT HAVE RESPONSIBILITIES IN RELATED ORGANIZATIONS TO THE HOSPITAL MAY HAVE INCENTIVES BASED ON THE PERFORMANCE OF THESE ORGANIZATIONS AS WELL AS THAT OF THE HOSPITAL. ORGANIZATIONS TO THE HOSPITAL MAY HAVE INCENTIVES BASED ON THE PERFORMANCE OF THESE ORGANIZATIONS AS WELL AS THAT OF THE HOSPITAL.
Schedule J, Part I, Line 6b Compensation contingent on net earnings of a related organization THE HOSPITAL MAY HAVE INCENTIVES BASED ON THE PERFORMANCE OF THESE ORGANIZATIONS AS WELL AS THAT OF THE HOSPITAL.
Schedule J (Form 990) 2023

Additional Data


Software ID: 23017437
Software Version: 2023v5.1
SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Return Reference Explanation
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons OFFICER DENNIS CHARNEY, MD AND TRUSTEE DAVID WINDREICH - Business relationship, TRUSTEES EDGAR CULLMAN, JR. AND SUSAN CULLMAN - Family relationship, TRUSTEES MARC LIPSHULTZ AND JOHN HESS - Business relationship, OFFICERS BONNIE DAVIS AND KENNETH DAVIS, MD - Family relationship, OFFICERS KENNETH DAVIS, MD AND DENNIS CHARNEY, MD - Business relationship, OFFICER KENNETH DAVIS, MD AND TRUSTEE DAVID WINDREICH - Business relationship, TRUSTEES STEVEN HOCHBERG AND JOEL PICKET - Business relationship, TRUSTEES KIMBERLY HARRIS AND RICHARD FRIEDMAN - Business relationship
Form 990, Part VI, Line 6 Classes of members or stockholders MOUNT SINAI HOSPITALS GROUP, INC. IS THE SOLE MEMBER OF THE ORGANIZATION.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE MEMBER HAS THE POWER TO ELECT THE MEMBERS OF THE GOVERNING BODY OF THE ORGANIZATION.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders IN ADDITION, THE BOARD OF TRUSTEES OF THE ORGANIZATION CANNOT AMEND THE BYLAWS WITHOUT THE CONSENT OF THE MEMBER IF SUCH AMENDMENT REMOVED ANY POWERS OF THE MEMBER.
Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 PROVIDED TO GOVERNING BODY THE FINANCE DEPARTMENT GATHERED THE RELEVANT INFORMATION AND PREPARED THE TAX RETURNS. THE TAX DEPARTMENT OF OUR OUTSIDE AUDITORS, ERNST & YOUNG (EY), PARTICIPATED IN THE PREPARATION OF, AND REVIEWED, ALL TAX RETURNS. A QUESTIONNAIRE WAS CIRCULATED TO ALL TRUSTEES (I.E., DIRECTORS), OFFICERS AND KEY EMPLOYEES IN ORDER TO ELICIT THE INFORMATION REQUIRED TO BE REPORTED ON THE TAX RETURNS. THE TRUSTEE CONFLICTS OF INTEREST REVIEW COMMITTEE REVIEWED THE RESPONSES PROVIDED BY TRUSTEES AND CERTAIN OFFICERS IN THE QUESTIONNAIRES AND ASSESSED ADDITIONAL PERTINENT FACTS GATHERED BY THE INSTITUTION IN ORDER TO EVALUATE THE APPLICABILITY OF IRS REPORTING REQUIREMENTS. THE REVIEW COMMITTEE THEN DETERMINED THE APPROPRIATE TRUSTEE (AND CERTAIN OFFICER) DISCLOSURES THAT SHOULD BE MADE ON FORM 990 BASED ON THE RECOMMENDATIONS OF THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE AND THE AUDIT AND COMPLIANCE DEPARTMENT. THESE RECOMMENDATIONS WERE REVIEWED AND APPROVED BY EY. THE SAME PROCESS WAS CONDUCTED BY THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, THE AUDIT AND COMPLIANCE DEPARTMENT AND EY WITH RESPECT TO THE QUESTIONNAIRES SUBMITTED BY OTHER OFFICERS AND KEY EMPLOYEES. THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTED A REVIEW OF THE TAX RETURN, WITH THE PARTICIPATION OF EY, THE FINANCE DEPARTMENT, THE GENERAL COUNSEL'S OFFICE, AND THE AUDIT AND COMPLIANCE DEPARTMENT. THE AUDIT COMMITTEE APPROVED THE TAX RETURNS AS PRESENTED. THE AUDIT COMMITTEE'S REPORT OF ITS REVIEW OF THE TAX RETURNS AND ITS RECOMMENDATION TO FILE THE RETURNS WERE PRESENTED TO, AND ACCEPTED BY, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES (EXECUTIVE COMMITTEE). IN ADDITION TO AUTHORIZING THE FILING OF THE TAX RETURNS, THE EXECUTIVE COMMITTEE DIRECTED THAT THE RETURNS, WHICH WILL BE FILED ON OR BEFORE NOVEMBER 15, 2024, BE PROVIDED TO ALL TRUSTEES VIA THE TRUSTEES' CONFIDENTIAL WEBSITE, AND THOSE RETURNS WERE SO PROVIDED BEFORE BEING FILED.
Form 990, Part VI, Line 12c Conflict of interest policy MONITORING & ENFORCING COMPLIANCE WITH THE POLICY COMPLIANCE WITH THE ORGANIZATION'S BUSINESS CONFLICTS OF INTEREST POLICY (THE "POLICY") IS REQUIRED OF TRUSTEES, EMPLOYEES, MEDICAL STAFF AND NON-EMPLOYEE MEMBERS OF INSTITUTIONAL COMMITTEES AND INCLUDES AN ONGOING DUTY TO DISCLOSE POTENTIAL CONFLICTS. COMPLIANCE WITH THE POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ALL DISCLOSURES WITH THE POTENTIAL FOR CONFLICT ARE REVIEWED BY AN APPROPRIATE COMMITTEE WHERE THEY ARE CAREFULLY EVALUATED. WHEN APPROPRIATE, A PLAN, WHICH MAY INVOLVE MEASURES INCLUDING, BUT NOT LIMITED TO, RECUSAL FROM PARTICIPATING IN AFFECTED TRANSACTIONS, IS DEVELOPED TO MANAGE THE POTENTIAL CONFLICT.
Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPLIANCE WITH THE ORGANIZATION'S BUSINESS CONFLICTS OF INTEREST POLICY (POLICY) IS REQUIRED OF TRUSTEES, EMPLOYEES, MEDICAL STAFF AND NON-EMPLOYEE MEMBERS OF INSTITUTIONAL COMMITTEES AND INCLUDES AN ONGOING DUTY TO DISCLOSE POTENTIAL CONFLICTS. COMPLIANCE WITH THE POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ALL DISCLOSURES WITH THE POTENTIAL FOR CONFLICT ARE REVIEWED BY AN APPROPRIATE COMMITTEE WHERE THEY ARE CAREFULLY EVALUATED. WHEN APPROPRIATE, A PLAN, WHICH MAY INVOLVE MEASURES INCLUDING, BUT NOT LIMITED TO, RECUSAL FROM PARTICIPATING IN AFFECTED TRANSACTIONS, IS DEVELOPED TO MANAGE THE POTENTIAL CONFLICT. RESPECT TO "DISQUALIFIED PERSONS" TO FOLLOW THE SPECIFIC STEPS OUTLINED IN THE IRC REGULATIONS FOR ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS THAT A TRANSACTION IS NOT AN EXCESS BENEFIT TRANSACTION. THE COMPENSATION COMMITTEE CONSISTS EXCLUSIVELY OF INDEPENDENT TRUSTEES WITHOUT ANY CONFLICT OF INTEREST (AS DEFINED IN THE APPLICABLE IRC REGULATIONS) WITH REGARD TO THE COMPENSATION ARRANGEMENTS BEING REVIEWED OR APPROVED. THE ABSENCE OF ANY CONFLICT OF INTEREST WITH RESPECT TO ITEMS ON THAT MEETING'S AGENDA IS CONFIRMED AT THE BEGINNING OF EACH MEETING OF THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE SELECTS AND ENGAGES AN INDEPENDENT, QUALIFIED COMPENSATION CONSULTANT WHICH PERFORMS SUCH VALUATIONS ON A REGULAR BASIS TO PROVIDE APPROPRIATE COMPARABILITY DATA. COMPARABILITY DATA INCLUDES, BUT IS NOT LIMITED TO, COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS, THE AVAILABILITY OF SIMILAR SERVICES IN MOUNT SINAI'S GEOGRAPHIC AREA; CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; CUSTOMIZED SURVEYS IN SPECIFIC CIRCUMSTANCES, AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE DISQUALIFIED PERSON. THE SOURCES OF THE COMPARABILITY DATA USED BY THE COMPENSATION CONSULTANT ARE PROVIDED TO THE COMPENSATION COMMITTEE. IN APPROPRIATE CIRCUMSTANCES FORMAL WRITTEN OPINIONS ARE OBTAINED FROM THE COMPENSATION CONSULTANT. WITH RESPECT TO "EXECUTIVES" AS THEY ARE DEFINED IN THE POLICY WHICH INCLUDES ALL OF THE INSTITUTION'S "DISQUALIFIED PERSONS," THE COMPENSATION COMMITTEE RECEIVES AND REVIEWS THE COMPARABILITY DATA AND ANY ANALYSIS PROVIDED BY THE COMPENSATION CONSULTANT, AS WELL AS INFORMATION PROVIDED BY MANAGEMENT, OR IN THE CASE OF THE CEO, BY THE CO-CHAIRMEN OF THE BOARD OF TRUSTEES, INCLUDING INFORMATION ABOUT THE INDIVIDUAL'S PERFORMANCE, AND FOR NEW EMPLOYEES, THE INDIVIDUAL'S JOB DESCRIPTION. WHEN A WRITTEN OPINION IS OBTAINED FROM THE COMPENSATION CONSULTANT, THAT WRITTEN OPINION IS ALSO REVIEWED BY THE COMPENSATION COMMITTEE. AFTER CONSIDERING ALL OF THE FACTS, THE COMPENSATION COMMITTEE THEN DETERMINES THE APPROPRIATE COMPENSATION IN RELATION TO THE COMPARABILITY DATA AND IN LIGHT OF THE WRITTEN OPINION, RECOMMENDATIONS OF THE COMPENSATION CONSULTANT. AS MORE FULLY SET FORTH IN THE COMPENSATION COMMITTEE'S OPERATING GUIDELINES, THE COMPENSATION COMMITTEE ALSO REVIEWS THE COMPENSATION ARRANGEMENTS FOR THOSE OTHER SENIOR MANAGEMENT AND/OR HIGHLY COMPENSATED PERSONNEL WHO ARE NOT "EXECUTIVES." THE COMPENSATION COMMITTEE IS PROVIDED DETAILS OF THE COMPENSATION ARRANGEMENT OF THE INDIVIDUAL'S JOB AND JOB PERFORMANCE, THE BENCHMARK(S) USED AND, IN CERTAIN CASES, A DESCRIPTION OF THE ROLE OF THE COMPENSATION CONSULTANT AND A BRIEF DESCRIPTION OF WHY THE ARRANGEMENT IS APPROPRIATE. THE COMPENSATION COMMITTEE CONTEMPORANEOUSLY DOCUMENTS IN WRITTEN MINUTES THE TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE DATE IT WAS APPROVED; THE MEMBERS OF THE COMPENSATION COMMITTEE WHO WERE PRESENT; THE DISCUSSION AT THE COMPENSATION COMMITTEE MEETING; THE COMPARABILITY DATA AND ANY OTHER INFORMATION OBTAINED AND RELIED ON; HOW THE COMPARABILITY DATA WAS OBTAINED; AND THE COMPENSATION COMMITTEE'S BASIS FOR THE DECISIONS, IF THE APPROVED COMPENSATION IS OUTSIDE THE RANGE OF COMPARABILITY DATA. THESE MINUTES ARE PREPARED BEFORE THE LATER OF THE NEXT MEETING OF THE COMPENSATION COMMITTEE OR 60 DAYS AFTER THE FINAL ACTIONS OF THE COMPENSATION COMMITTEE ARE TAKEN WITH RESPECT TO THE COMPENSATION DECISIONS MADE. THE MINUTES ARE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE WITHIN A REASONABLE TIME THEREAFTER.
Form 990, Part VI, Line 15b Process to establish compensation of other employees Same as 15a
Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE ORGANIZATION MAKES ITS BUSINESS CONFLICTS OF INTEREST POLICY AVAILABLE ON ITS WEBSITE (WWW.MOUNTSINAI.ORG) AND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue All other revenue - Total Revenue: 122385, Related or Exempt Function Revenue: 86897, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 35488;
Form 990, Part XI, Line 9 Other changes in net assets or fund balances PENSION RELATED CHANGES - 1855178; CHANGE IN POST RETIREMENT LIABILITY - -8550322;
Schedule J, Part III OFFICERS OF THE BOARD OF TRUSTEES HOURS REFLECT SERVICE TO ALL RELATED ORGANIZATIONS OF MOUNT SINAI HEALTH SYSTEM, INC. (1) EMPLOYEE HAS AN OUTSTANDING LOAN REFLECTED IN SCHEDULE L, PART II OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI FORM 990. OTHER REPORTABLE COMPENSATION FOR OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES AS IDENTIFIED IN THE FORM 990, PART VII, AND LISTED ON SCHEDULE J MAY INCLUDE VARIOUS TYPES OF SUPPLEMENTAL WAGES.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


Additional Data


Software ID: 23017437
Software Version: 2023v5.1
SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2023
Open to Public Inspection
Name of the organization
NEW YORK EYE & EAR INFIRMARY
 
Employer identification number

13-5562304
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Total income


(e)
End-of-year assets


(f)
Direct controlling
entity











Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Exempt Code section


(e)
Public charity status
(if section 501(c)(3))

(f)
Direct controlling
entity

(g)
Section 512(b)(13) controlled entity?
Yes No
(1)THE MOUNT SINAI MEDICAL CENTER INC
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
13-6271888
SUPPORT NY 501(c)(3) Type II MSHS
 
 
No
(2)THE MOUNT SINAI HOSPITAL
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
13-1624096
HOSPITAL NY 501(c)(3) 3 MSHG
 
Yes
 
(3)MITRAL FOUNDATION
1190 FIFTH AVENUE

NEW YORK,NY10029
80-0468600
RESEARCH NY 501(c)(3) Type I ISMMS
 
 
No
(4)THE MOUNT SINAI CHILDREN'S CENTER FND
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
22-3059294
SUPPORT NY 501(c)(3) Type I ISMMS
 
 
No
(5)MSMC REALTY CORPORATION
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
13-3852596
REAL ESTATE NY 501(c)(3) Type I ISMMS MSH & MSMC REAL CORP
 
Yes
 
(6)MSMC RESIDENTIAL REALTY LLC
1425 MADISON AVENUE

NEW YORK,NY10029
20-0244426
REAL ESTATE NY 501(c)(3) Type I ISMMS MSH & MSMC REAL CORP
 
Yes
 
(7)MSMC RESIDENTIAL REALTY MANAGER INC
1425 MADISON AVENUE

NEW YORK,NY10029
20-1289396
MGMT NY 501(c)(3) Type II ISMMS MSH & MSMC REAL CORP
 
Yes
 
(8)VALENTIN FUSTER MT SINAI FND SCI HLTH
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
80-0952088
SUPPORT NY 501(c)(3) Type I ISMMS & MSH
 
Yes
 
(9)MOUNT SINAI HEALTH SYSTEM INC
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
46-4248304
HOLDING CO NY 501(c)(3) Type II N/A
 
No
(10)MOUNT SINAI HOSPITAL GROUP INC
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
46-4242915
HOLDING CO NY 501(c)(3) Type II MSHS
 
Yes
 
(11)ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
13-6171197
SCHOOL NY 501(c)(3) 2 MSHS
 
 
No
(12)CONTINUUM HEALTH PARTNERS INC
150 EAST 42ND STREET

NEW YORK,NY10017
13-3939476
HOLDING CO NY 501(c)(3) Type I N/A
 
No
(13)BIMC HOLDING CORPORATION
FIRST AVENUE AT 16TH STREET

NEW YORK,NY10003
13-3444730
HOLDING CO NY 501(c)(3) Type I BIMC
 
Yes
 
(14)MOUNT SINAI AMBULATORY VENTURES INC
150 EAST 42ND STREET

NEW YORK,NY10017
13-3838460
SURGICENTER NY 501(c)(3) 3 BIMC HOLDCO
 
Yes
 
(15)BI NURSING HOME COMPANY
327 EAST 17TH STREET

NEW YORK,NY10003
13-3627753
NURSING HOME NY 501(c)(3) 3 BIMC HOLDCO
 
Yes
 
(16)EAST 17TH STREET PROPERTIES INC
150 EAST 42ND STREET

NEW YORK,NY10017
13-3547502
REAL ESTATE NY 501(c)(3) 10 BIMC HOLDCO
 
Yes
 
(17)THE LONG ISLAND COLLEGE HOSPITAL
150 EAST 42ND STREET

NEW YORK,NY10017
11-1018985
HOSPITAL NY 501(c)(3) 3 CHP
 
 
No
(18)ST LUKE'S-ROOSEVELT HOSPITAL CENTER
1111 AMSTERDAM AVENUE

NEW YORK,NY10025
13-2997301
HOSPITAL NY 501(c)(3) 3 MSHG
 
Yes
 
(19)AUGUSTUS & JAMES CORPORATION
150 EAST 42ND STREET

NEW YORK,NY10017
13-3392851
REAL ESTATE NY 501(c)(3) Type I SLR
 
Yes
 
(20)ST LUKE'S-ROOSEVELT INSTITUTE FOR HEALTH
1111 AMSTERDAM AVENUE

NEW YORK,NY10025
13-2914343
RESEARCH NY 501(c)(3) 4 SLR
 
Yes
 
(21)NEW YORK EYE & EAR INFIRMARY FNDN
310 EAST 14TH STREET

NEW YORK,NY10003
13-4012469
PRIVATE FDN NY 501(c)(3) PF NYEE
 
Yes
 
(22)NYEEI HOUSING COMPANY INC
317-327 EAST 13TH STREET

NEW YORK,NY10003
31-1696826
REAL ESTATE NY 501(c)(2)   NYEE
 
Yes
 
(23)BETH ISRAEL MEDICAL CENTER FDN INC
150 EAST 42ND STREET

NEW YORK,NY10017
30-0571387
FUNDRAISING NY 501(c)(3) 7 BIMC
 
Yes
 
(24)ST LUKE'S-ROOSEVELT HOSPITAL CENTER FDN
150 EAST 42ND STREET

NEW YORK,NY10017
30-0571390
FUNDRAISING NY 501(c)(3) 7 SLR
 
Yes
 
(25)BETH ISRAEL MEDICAL CENTER
FIRST AVENUE AT 16TH STREET

NEW YORK,NY10003
13-5564934
HOSPITAL NY 501(c)(3) 3 MSHG
 
Yes
 
(26)MOUNT SINAI HEALTH PARTNERS PC
150 E 42ND STREET 5TH FLOOR

NEW YORK,NY10017
81-2057452
HEALTHCARE NY 501(c)(3) 10 MSH
 
Yes
 
(27)SOUTH NASSAU COMMUNITIES HOSPITAL INC
ONE HEALTHY WAY

OCEANSIDE,NY11572
11-1352310
HOSPITAL NY 501(c)(3) 3 MSHG
 
 
No
(28)MOUNT SINAI HEALTH SYSTEM SELF INSURANCE
150 EAST 42ND STREET

NEW YORK,NY10017
82-3994798
SUPPORT NY 501(c)(3) Type II MSHS
 
 
No
(29)EAST 98TH STREET COMMUNITY SERVICES INC
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
82-2536805
AMB SRGY CNTE NY 501(c)(3) 3 ISMMS
 
 
No
(30)BACHMANN-STRAUSS DYSTONIA FOUNDATION INC
150 EAST 42ND STREET

NEW YORK,NY10017
13-3804248
FUNDRAISING NY 501(c)(3) Type II MSHS
 
Yes
 
(31)CARE CONTINUUM VENTURES INC
ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
86-3155355
SUPPORT NY 501(c)(3) Type II MSHS
 
Yes
 
(32)MSS HEALTH PC
150 EAST 42ND STREET 5E-32

NEW YORK,NY10017
86-2530666
HEALTHCARE NJ 501(c)(3) 10 MSH
 
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



(b)
Primary activity




(c)
Legal
domicile
(state or foreign
country)


(d)
Direct controlling
entity



(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




(g)
Share of end-of-year
assets



(h)
Disproprtionate allocations?




(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?



(k)
Percentage
ownership


Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes No
(1) Manhattan Management Services

1780 Broadway
7th Fl
New York,NY10019
13-3618543
MGMT SERVICES NY SLR
 
C Corporation         No
(2) SLR Management Services

150 East 42nd Street
New York,NY10017
13-3853145
MGMT SERVICES NY SLR
 
C Corporation         No
(3) MOUNT SINAI HC VENTURES INC

150 East 42nd Street
New York,NY10017
46-0953126
HEALTH CARE NY BIMC HOLDCO
 
C Corporation         No
(4) MSHS VACCINE COMPANY

12209 ORANGE STREET
WILMINGTON,DE19801
87-4250003
CLINICAL LAB NY ISMMS
 
C Corporation         No
(5) KANTARO BIOSCIENCES LLC

1460 BROADWAY
NEW YORK,NY10036
85-1089445
CLINICAL LAB NY ISMMS
 
C Corporation         No




Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
 
No
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
Yes
 
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1) MOUNT SINAI HOSPITAL

P 17,560,444 COST
(2) ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

P 11,861,720 COST
(3) MOUNT SINAI MEDICAL CENTER

I 7,862,842 COST
(4) NEW YORK EYE AND EAR INFIRMARY FOUNDATION

C 400,000 COST
(5) ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

O 461,593 COST
(6) BETH ISRAEL MEDICAL CENTER

S 2,375,177 COST
(7) ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

Q 8,443,633 COST
(8) ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

B 1,431,000 COST
Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income




(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership


Yes No Yes No Yes No






























Schedule R (Form 990) 2023
Schedule R (Form 990) 2023
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference Explanation
Schedule R (Form 990) 2023

Additional Data


Software ID: 23017437
Software Version: 2023v5.1