New England Sinai Hospital And Rehabilitation Center in Stoughton, Massachusetts (MA)

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New England Sinai Hospital And Rehabilitation Center
Employer Identification Number (EIN)042195357
Name of OrganizationNew England Sinai Hospital And Rehabilitation Center
Address150 York St, Stoughton, MA 02072-1829
ActivitiesHospital
SubsectionCharitable Organization
Ruling Date11/1942
DeductibilityContributions are deductible
FoundationHospital or medical research organization
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2010
Assets$10,000,000 to $49,999,999
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$46,026,644
Amount of Income$76,138,767
Form 990 Revenue Amount$76,138,767
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospital, Specialty


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Amount of income in 2010: $76,138,767
This organization: 

 $76,138,767
Other organizations performing similar types of work: 

 $117,390,149

Assets in 2010: $46,026,644
This organization: 

 $46,026,644
Other organizations performing similar types of work: 

 $108,503,468

Expenses in 2011: $81,225,787
This organization: 

 $81,225,787
Other organizations performing similar types of work: 

 $85,067,863

Income to expenses ratio in 2011: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2007: 72.0%
New England Sinai Hospital And Rehabilitation Center: 

 72.0%
Other organizations performing similar types of work: 

 84.8%

Number of employees in 2007: 731
New England Sinai Hospital And Rehabilitation Center: 

 731
Other organizations performing similar types of work: 

 1,091

Employees paid over $50,000 in 2007: 49.2%
This organization: 

 49.2%
Other organizations performing similar types of work: 

 35.8%

Grants share in income in 2011: 0.3%
New England Sinai Hospital And Rehabilitation Center: 

 0.3%
Other organizations performing similar types of work: 

 1.5%

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$76,072,248
Contributions, Gifts, Grants and Other Similar Amounts$231,231
Program Service Revenue$74,683,294
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$628,223
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$48,945
Gross rents (Real / Personal)$48,945 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$48,945 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$480,555
Statement of Functional Expenses (for 2011)
Total functional expenses$81,225,787
Compensation of current officers, directors, trustees, and key employees$2,239,204
Other salaries and wages$42,705,659
Payroll taxes$2,998,099
Professional fundraising services$0
Other$33,282,825
Balance Sheet (for 2011)
Total assets$43,804,684
Total liabilities$30,331,302
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$2,227,312
Unsecured notes and loans payable to unrelated third parties$0
Other$28,103,990
Total net assets or fund balances$13,473,382
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii)
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220062007
Total revenue$49,332,520$51,870,499$55,663,458$73,260,767$78,031,261
Contributions, gifts, grants, and similar amounts received$678,053$604$250,065$0$0
Contributions to donor advised funds$0$0
Direct public support$678,053$604$250,065$0$0
Indirect public support$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0
Program service revenue including government fees and contracts$47,710,072$52,479,459$54,835,408$72,000,976$76,440,595
Membership dues and assessments$0$0$0$0$0
Interest on savings and temporary cash investments$22,260$0$0$0$0
Dividends and interest from securities$335,855$-1,041,843$117,985$815,655$850,585
Net rental income or (loss)$0$0$0$0$0
Gross rents$0$0$0$0$0
Less: rental expenses$0$0$0$0$0
Other investment income$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0
Gross revenue$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0
Other revenue$586,280$432,279$460,000$444,136$740,081
Total expenses$50,418,079$53,703,871$56,028,452$72,173,614$76,957,462
Program services$40,689,128$44,156,600$45,847,311$53,689,082$55,417,493
Management and general$9,396,999$9,547,271$9,827,902$18,484,532$21,539,969
Fundraising$331,952$0$0$0$0
Payments to affiliates$0$0$353,239$0$0
Net assets or fund balances at end of year$29,111,675$26,625,472$45,055,453$37,906,996$32,242,391
Excess or (deficit) for the year$-1,085,558$-1,833,372$-364,994$1,087,153$1,073,799
Net assets or fund balances at beginning of year$32,900,866$29,111,675$26,625,472$35,899,962$37,906,996
Other changes in net assets or fund balances$-2,703,633$-652,831$18,794,975$919,881$-6,738,404
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$76,957,462$55,417,493$21,539,969$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$1,452,511$361,962$1,090,549$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$38,066,263$33,553,114$4,513,149$0
Pension plan contributions not included above$1,580,784$0$1,580,784$0
Employee benefits not included above$7,837,558$2,501,740$5,335,818$0
Payroll taxes$3,132,175$2,614,974$517,201$0
Professional fundraising fees$0$0$0$0
Accounting fees$119,133$0$119,133$0
Legal fees$192,082$0$192,082$0
Supplies$8,102,310$7,444,375$657,935$0
Telephone$0$0$0$0
Postage and shipping$59,043$8,569$50,474$0
Occupancy$1,717,563$259,865$1,457,698$0
Equipment rental and maintenance$167,259$0$167,259$0
Printing and publications$125,741$99,243$26,498$0
Travel$288,815$271,428$17,387$0
Conferences, conventions, and meetings$0$0$0$0
Interest$271,919$0$271,919$0
Depreciation, depletion, etc.$1,874,532$0$1,874,532$0
Other expenses not covered above$11,969,774$8,302,223$3,667,551$0
Balance Sheets
20002001200220062007
Total assets$41,552,080$39,035,004$59,663,277$53,409,648$52,593,306
Cash - non-interest-bearing$4,553,556$2,575,576$444,149$1,637,820$2,162,483
Savings and temporary cash investments$0$0$16,982,308$0$0
Accounts receivable less allowance for doubtful accounts$11,541,173$12,247,963$16,982,308$18,422,219$20,656,008
Pledges receivable less allowance for doubtful accounts$0$0$0$3,120$0
Grants receivable$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$26,293$36,709$11,520$0$1,738,516
Inventories for sale or use$349,882$322,672$310,432$382,949$409,776
Prepaid expenses and deferred charges$346,052$514,960$484,352$544,422$580,504
Investments - publicly-traded securities$15,693,517$12,611,224
Investments - other securities$14,092,711$12,629,556$14,104,976$144,094$182,332
Investments - land, buildings, and equipment less accumulated depreciation$0$10,537,712$0$0$0
Investments - other$47,762$53,202$87,150$1,988,522$227,649
Land, buildings, and equipment less accumulated depreciation$10,174,789$0$10,002,162$14,589,065$14,020,894
Other assets, including program-related investments$419,862$116,654$253,920$3,920$3,920
Total liabilities$12,440,405$12,409,532$14,607,824$15,502,652$20,350,915
Accounts payable and accrued expenses$5,911,143$5,377,520$12,467,272$12,988,818$16,116,279
Grants payable$0$0$0$0$0
Deferred revenue$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0
Mortgages and other notes payable$66,500$0$0$2,513,834$4,234,636
Other liabilities$6,462,762$7,032,012$2,140,552$0$0
Total liabilities and net assets/fund balances$41,552,080$39,035,004$59,663,277$53,409,648$52,593,306
Total net assets or fund balances$29,111,675$26,625,472$45,055,453$37,906,996$32,242,391
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220062007
Total revenue$49,332,520$51,870,499$55,663,458$73,260,767$78,031,261
Total revenue, gains, and other support per audited financial statements$46,870,838$52,225,154$57,158,425$73,555,421$78,372,003
Other expenses$-2,461,682$354,655$1,494,967$294,654$340,742
Net unrealized gains on investments$-2,664,525$188,634$1,170,817$0$0
Donated services and use of facilities$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0
Other$202,843$166,021$324,150$294,654$340,742
Other revenue$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220062007
Total expenses$50,418,079$53,703,871$55,675,213$72,173,614$76,957,462
Total expenses and losses per audited financial statements$50,418,079$53,703,871$55,675,213$72,173,614$76,957,462
Other revenue$0$0$55,675,213$0$0
Donated services and use of facilities$0$0$0$0$0
Prior year adjustments$0$0$0$0$0
Losses$0$0$0$0$0
Other$0$0$0$0$0
Other expenses$0$0$0$0$0
Investment expenses$0$0$0$0$0
Other$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$173,365$0$0
40$361,962$0$0
40$378,155$22,300$0
1$208,986$0$0
40$64,666$10,000$0
40$233,077$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings36
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006731
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$1,296,540$76,734,721
Program service revenue
Program service revenue 1000000$000$0$76,440,595
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$850,585$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$445,955$294,126
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$271,300$16,800$0
$197,974$3,536$0
$165,589$0$0
$164,556$0$0
$164,540$0$0
Total number of other employees paid over $50,000349
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isHospital, or a cooperative hospital service organization
Support Schedule
19992000200120052006
Total$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0
Membership fees received$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0
Other income$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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1Childrens Hospital Corporation300 Longwood Ave, Boston, MA 02115-5724MA1983-03$1,793,772,617
2Childrens Medical Center55 Shattuck St, Boston, MA 02115MA1960-06$744,043,139
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Number of organizations performing similar types of work
Alabama2
Arkansas3
Arizona2
California12
Colorado2
Connecticut3
District of Columbia4
Florida6
Hawaii1
Idaho2
Illinois4
Kansas1
Louisiana3
Massachusetts6
Maryland5
Michigan3
Minnesota4
Missouri4
Mississippi1
Nebraska3
New Hampshire1
New Jersey3
New York10
Ohio11
Oklahoma1
Pennsylvania16
Rhode Island1
South Dakota1
Tennessee3
Texas10
Virginia4
Washington16
Wisconsin3
Total151

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