Sinai Hospital of Baltimore

Nonprofit profile at a glance

EIN
520486540
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Baltimore, MD, USA
Phone
410-601-9355
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

Reported finances

Revenue
$1,063,163,867
Expenses
$986,294,341
Assets
$956,436,870
Liabilities
$544,749,133

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

60 people listed

Executive titles in this filing

  • AMY SHLOSSMAN (PRESIDENT SINAI)
  • ADRIAN GOLDSZMIDT THRU 1224 (DIRECTOR, MEDICIAL STAFF PRESIDENT)
  • LESLIE R SIMMONS (FORMER INTERIM PRESIDENT & COO)

Highest reported compensation

  • LESLIE R SIMMONS (FORMER INTERIM PRESIDENT & COO): $2,078,988 total reported compensation
  • DAVID H KRAJEWSKI (ASSISTANT TREASURER, EX OFFICIO): $1,986,680 total reported compensation
  • JAMES NACE DO (PHYSICIAN): $1,755,445 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide superlative healthcare, patient experiences and education to all.

What it reported doing in 2024

Sinai hospital of baltimore, inc. Is responsible for the management and day-to-day operations of the hospital. The hospital operates a 483-bed tertiary hospital that is committed to excellence in patient care, teaching, and research. The hospital is the leading provider of inpatient and outpatient hospital services for the residents of northwest baltimore city and also draws patients from surrounding communities and around the region and the world. The hospital had more than 16,500 inpatient admissions and more than 58,700 emergency room visits. The hospital has a generous financial assistance program to assist patients who lack the resources to pay for their care. The hospital provides care to patients who meet certain criteria under its charity care policy without charge or at amounts less than its established rates. The hospital does not pursue the collection of these amounts.

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some related-organization disclosures are missing.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 70
  • Accountability: 87
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.1%; rating input score 66
  • Program expense ratio: 70%; rating input score 70
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 93.9%; rating input score 94; 45th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.2%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 0.97; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.57; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 1%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: 3.1% per year; rating input score 100; 22nd percentile among comparable filings
  • Revenue growth: 3.1% per year; rating input score 100; 23rd percentile among comparable filings
  • Asset growth: 1.5% per year; rating input score 100; 12th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 66.1% of revenue deployed · 70% of spending went to programs
  • Governance: 46 of 49 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $690M in reported program spending
  • Leadership: top reported pay $2.1M · 60 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $51.9M reported
  • Consistency: 44 of 44 current checks pass
  • Schedules: 9 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 55 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.