Mount Sinai Eldercare INC: Nonprofit Profile, Financials & Form 990 (EIN 86-1888783)

Revenue by fiscal year
FY2021	$0
FY2022	$0
FY2023	$435K
FY2024	$6.2M

Expenses by fiscal year
FY2021	$0
FY2022	$722K
FY2023	$2.5M
FY2024	$7.9M

Net assets by fiscal year
FY2021	$0
FY2022	$3.9M
FY2023	$4.1M
FY2024	$3.0M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

64 cents of each dollar spent went to programs.

64%

36%

Program services 64% · $5.0M Management & general 36% · $2.8M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation

Gino Santorio

President/CEO

$0Pt VII · Sec A

Alexander a Mendez

Executive VP/CFO

$0Pt VII · Sec A

Angel Pallin

Senior VP/COO

$0Pt VII · Sec A

Neisen Kasdin

Community Representative

$0Pt VII · Sec A

Lynda Barcelo

VP Mgn Care & Pop Health

$0Pt VII · Sec A

Clifford Medina

Chief, Div. of Gen. Med. (beg 01/24)

$0Pt VII · Sec A

Steven Sonenreich

Former President

$0Pt VII · Sec A

See Mount Sinai Eldercare INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps seniors stay safe at home, avoiding nursing homes.

Questions for Mount Sinai Eldercare INC

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1 program · $5.0M · in their own filed words · FY2024

01

September 1, 2024 marked mount sinai eldercare, INC.'S first year as an operational program for all-inclusive care for the elderly organization. Mount sinai eldercare's enrollment and care teams were very busy in our first year. By december, mount sinai eldercare, inc. Had enrolled 85 participants and had a total of 14 disenrollments.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 86-1888783) · Dispute this line

$5.0Mprogram expense

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$6.2M

Ln 12

Fees for servicesLn 2g$6.1M

Investment incomeLn 3$52K

Money outPt IX

$7.9M

Ln 25

Programscol B$5.0M

Managementcol C$2.8M

Owns and owesPt X

$3.0M

net assets · Ln 32

Cash and savingsLn 1–2$946K

Total assetsLn 16$4.5M

LiabilitiesLn 26$1.4M

PeoplePt VI, VII

7

listed · VII A

PaidVII A0

Voting boardVI 1a6

IndependentVI 1b1

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$6.1M

Investment incomeLn 3$52K

Total revenueLn 12$6.2M

Assets in detailPt X, end of year

CashLn 1$946K

Cash and savings togetherLn 1–2$946K

Accounts receivableLn 4$203K

Land, buildings, equipmentLn 10c$3.3M

Other assetsLn 15$50K

Total assetsLn 16$4.5M

LiabilitiesLn 26$1.4M

Net assetsLn 32$3.0M

OperationsPt I, VI

EmployeesI 50

VolunteersI 61

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$340K	$946K
Land, buildings, equipmentLn 10c	$3.7M	$3.3M
Total assetsLn 16	$4.2M	$4.5M
LiabilitiesLn 26	$51K	$1.4M
Net assetsLn 32	$4.1M	$3.0M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$1.7M	$742K	$909K
Other employee benefitsLn 9	$277K	$125K	$152K
Accounting feesLn 11c	$20K		$20K
Lobbying feesLn 11d	$60K		$60K
Other fees for servicesLn 11g	$20K		$20K
Advertising and promotionLn 12	$55K		$55K
Office expensesLn 13	$13K		$13K
Information technologyLn 14	$97K		$97K
TravelLn 17	$6K		$6K
Depreciation, depletion and amortizationLn 22	$500K	$287K	$213K
InsuranceLn 23	$39K		$39K
Other expenses (24a–d)Ln 24	$5.1M	$3.9M	$1.3M
Total functional expensesLn 25	$7.9M	$5.0M	$2.8M	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest ViewingFiled with the IRS Nov 12, 2025	$6.2M	$7.9M	−$1.7M	$3.0M	990 PDF
FY2023Filed with the IRS Nov 15, 2024	$435K	$2.5M	−$2.0M	$4.1M	990 PDF
FY2022Filed with the IRS Nov 14, 2023	$0	$722K	−$722K	$3.9M	990 PDF
FY2021Filed with the IRS Nov 15, 2022	$0	$0	$0	$0	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2024 990

Part I · Summary $6,180,901 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $434,609$6,129,214

I-10 Investment incomePrior year $0$51,687

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $434,609$6,180,901

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $1,274,589$1,928,851

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $1,206,511$5,924,524

I-18 Total expensesPrior year $2,481,100$7,853,375

I-19 Revenue less expensesPrior year −$2,046,491−$1,672,474

Part VI · Governance 1 of 6 board members independent, 1 to look at

VI-1a Voting members of the governing body6

VI-1b Independent voting members1

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

Part VIII · Statement of revenue $6,180,901 across 3 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,129,214$6,129,214

VIII-3 Investment incomeExcluded from tax $51,687$51,687

VIII-12 Total revenueRelated to mission $6,129,214 · Unrelated business $0 · Excluded from tax $51,687$6,180,901

Part IX · Statement of functional expenses $7,853,375 across 12 lines filed

IX-7 Other salaries and wagesPrograms $742,382 · Management $909,356$1,651,738

IX-9 Other employee benefitsPrograms $124,819 · Management $152,294$277,113

IX-11c Accounting feesManagement $20,090$20,090

IX-11d Lobbying feesManagement $60,000$60,000

IX-11g Other fees for servicesManagement $20,377$20,377

IX-12 Advertising and promotionManagement $54,803$54,803

IX-13 Office expensesManagement $12,996$12,996

IX-14 Information technologyManagement $96,888$96,888

IX-17 TravelManagement $5,510$5,510

IX-22 Depreciation, depletion and amortizationPrograms $287,387 · Management $212,836$500,223

IX-23 InsuranceManagement $38,835$38,835

IX-24 Other expenses (24a–d)Programs $3,861,402 · Management $1,253,400$5,114,802

IX-25 Total functional expensesPrograms $5,015,990 · Management $2,837,385 · Fundraising $0$7,853,375

Part X · Balance sheet $4,460,218 assets, 11 lines filed

X-1 Cash, non-interest-bearingStart of year $339,586$945,912

X-4 Accounts receivableStart of year $121,854$203,234

X-10c Land, buildings and equipment, netStart of year $3,727,720$3,261,288

X-15 Other assetsStart of year $0$49,784

X-16 Total assetsStart of year $4,189,160$4,460,218

X-17 Accounts payable and accrued expensesStart of year $41,740$435,933

X-25 Other liabilitiesStart of year $9,460$1,000,254

X-26 Total liabilitiesStart of year $51,200$1,436,187

X-27 Net assets without donor restrictionsStart of year $4,137,960$3,024,031

X-32 Total net assets or fund balancesStart of year $4,137,960$3,024,031

X-33 Total liabilities and net assetsStart of year $4,189,160$4,460,218

Part XI · Reconciliation of net assets $3,024,031 net assets at year end

XI-1 Total revenue$6,180,901

XI-2 Total expenses$7,853,375

XI-3 Revenue less expenses−$1,672,474

XI-4 Net assets at start of year$4,137,960

XI-9 Other changes in net assets$558,545

XI-10 Net assets at end of year$3,024,031

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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Mount Sinai Eldercare INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Mount Sinai Eldercare INC

By the numbers

Filing history

Schedules filed Part IV