Civic Intelligence

Msnjh Administrative Services LLC

990 • Fiscal year 2019 • EIN 36-4826263

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

One Gustave L Levy PlaceNew York, NY 10029-6574

(646) 605-4002

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

100th percentile

$2,413,797

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 385.7% of source-year revenue.

2019 filings • NTEE B • $500k-$1M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$725,893

No earlier filing loaded for comparison.

Net Assets

$725,893

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$625,893

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$625,893

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2019: $725,893Liabilities 2019: $0Net Assets 2019: $725,8932019Assets 2020: $100,000Liabilities 2020: $0Net Assets 2020: $100,0002020Assets 2021: $100,000Liabilities 2021: $0Net Assets 2021: $100,0002021Assets 2022: $100,000Liabilities 2022: $0Net Assets 2022: $100,0002022Assets 2023: $100,000Liabilities 2023: $0Net Assets 2023: $100,0002023Assets 2024: $100,000Liabilities 2024: $0Net Assets 2024: $100,0002024

Highlighted filing

2019

Assets$725,893
Liabilities$0
Net Assets$725,893

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MRevenue 2019: $625,893Expenses 2019: $0Net Income 2019: $625,8932019Revenue 2020: $0Expenses 2020: $625,893Net Income 2020: -$625,8932020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2019

Revenue$625,893
Expenses$0
Net Income$625,893
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$625,893
Mission and Program Overview

Mission

MS/NJH Administrative Services, LLC (MSNJH) is a Delaware limited liability company organized and operated exclusively for charitable and educational tax-exempt purposes. Specifically, the purpose of MS/NJH is to support and further the charitable and educational purposes of its members and supported organizations, National Jewish Health (NJH) and the Icahn School of Medicine at Mount Sinai (School), including but not limited to developing the Icahn School of Medicine at Mount Sinai/National Jewish Health Respiratory Institute (Institute) and furnishing services to the School in connection with the operation of the Institute in the contemplated service area, pursuant to the Development and Program Services Agreement. Both NJH and the School are recognized by the Internal Revenue Service (IRS) as exempt from federal tax under Section 501(c)(3) of the Internal Revenue Code (Code).

The purpose of MS/NJH is to support and further the charitable and educational purposes of its members and supported organizations, NJH and ISMMS.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$0$625,893▲ $625,893
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$725,893▲ $725,893
Other Assets Total$0$100,000▲ $100,000
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$0$725,893▲ $725,893
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$0$725,893▲ $725,893
Total Liabilities and Net Assets / Fund Balance$0$725,893▲ $725,893

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$100,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Barbara Murphy MDBoard Member
Dennis S Charney MDBoard Member
Michael Salem MDBoard Member
Richard Martin MDBoard Member
Charles Powell MDChief Executive Officer
Stephen HarveyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$625,893
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$625,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Line 6

The organization has two members National Jewish Health (NJH) and Icahn School of Medicine at Mount Sinai(ISMMS).

Part VI, Line 7A

The board is comprised of the CEO, as a non-voting ex-officio and four voting members appointed as follows: NJH has the right to designate 2 voting members of the board who shall be President and CEO of NJH and the Chairman, Department of Medicine of NJH, and the School has the right to designate 2 voting members of the board who shall be the Dean of the School of Medicine and the Chair of the Medicine at the School.

Part VI, Line 7B

The members shall have the power to exercise any and all rights or powers granted to the Members pursuant to the express terms of the bylaws. Any power vested in the board pursuant to the provisions of the bylaws, may, upon unanimous resolution of the board, be thereafter exercisable only by the members.

Part VI, Line 11B

Form 990 provided to governing body the form 990 is circulated to all the board members before submission and it is reviewed and approved for filing.

Part VI, Line 12C

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.

Part VI, Line 19

GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC The entity has an LLC agreement, a conflict of interest policy and financial statements that are available upon request.

Filing and Contact Details

Filer

Filer Name
MSNJH Administrative Services LLC
EIN
36-4826263
In Care Of
% STEPHEN HARVEY
Phone
6466054002
Address
One Gustave L Levy Place, New York, NY 10029-6574

Signing Officer

Name
Stephen Harvey
Title
Treasurer
Phone
8778295500
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen Harvey
Formed
2013
Legal Domicile
De
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
5 TIMES SQUARE, NEW YORK, NY 10036-6530
Preparer
Nicole M Sokolowski
Phone
2127733000
Supplemental Narrative

Additional Explanations

Part XI, Line 9

Other changes in net assets $100,000 equity from entity converting from for-profit partnership to non-profit 501(c)3

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IRS990/MissionDesc0MS/NJH Administrative Services, LLC (MSNJH) is a Delaware limited liability company organized and operated exclusively for charitable and educational tax-exempt purposes. Specifically, the purpose of MS/NJH is to support and further the charitable and educational purposes of its members and supported organizations, National Jewish Health (NJH) and the Icahn School of Medicine at Mount Sinai (School), including but not limited to developing the Icahn School of Medicine at Mount Sinai/National Jewish Health Respiratory Institute (Institute) and furnishing services to the School in connection with the operation of the Institute in the contemplated service area, pursuant to the Development and Program Services Agreement. Both NJH and the School are recognized by the Internal Revenue Service (IRS) as exempt from federal tax under Section 501(c)(3) of the Internal Revenue Code (Code).
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Charles Powell MD

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