MONTEFIORE MEDICAL CENTER Charity Report

Public IRS 990 nonprofit record

MONTEFIORE MEDICAL CENTER

EIN 13-1740114 · Health Care (E220)

What they do

MISSION: to HEAL, to TEACH, to DISCOVER and to ADVANCE THE HEALTH of THE COMMUNITIES WE SERVE. VISION: to BE A PREMIER ACADEMIC MEDICAL CENTER THAT TRANSFORMS HEALTH and ENRICHES LIVES. VALUES: HUMANITY, INNOVATION, TEAMWORK, DIVERSITY and EQUITY - OUR VALUES DEFINE OUR PHILOSOPHY of CARE. THEY SHAPE OUR ACTIONS and MOTIVATE and INSPIRE US to PURSUE EXCELLENCE and ACHIEVE OUR GOALS. SINCE 1884, MONTEFIORE HAS CARED for THE CHRONICALLY ILL and HAS MADE IT A PRIORITY to IMPROVE THE QUALITY of LIFE for UNDERSERVED POPULATIONS. THIS FOUNDING BELIEF is THE CORNERSTONE of OUR MISSION, VISION and VALUES. MONTEFIORES MISSION is ROOTED IN OUR ENDURING COMMITMENT to PROVIDE ONE STANDARD of EXCELLENT CARE to ALL PATIENTS REGARDLESS of THEIR BACKGROUNDS or ABILITY to PAY. MONTEFIORE, THE UNIVERSITY HOSPITAL for ALBERT EINSTEIN COLLEGE of MEDICINE, COMBINES NATIONALLY-RENOWNED CLINICAL and RESEARCH EXPERTISE WITH COMPASSIONATE, PATIENT-CENTERED CARE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders42 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.29%of revenue went to mission work89.7% of expenses · Program services

0.14%of revenue went to fundraising0.1% of expenses

$95.11spent for every $100 of revenueRevenue covered expenses this year.

9.69%of revenue went to management and office costs10.2% of expenses

$0.89in assets for every $1 spent this yearSome assets cannot be spent right away.

4.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $4,995,055 for ROBERT MICHLER MD (CHAIR-SURG/CARDIOTHORACIC SURG). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,908,041,192

Mission workProgram services$5,038,812,71985.29% of revenue89.7% of expenses

ManagementOffice and general costs$572,328,2549.69% of revenue10.2% of expenses

FundraisingAsking for donations$8,279,6160.14% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$288,620,6034.89% of revenueShown in gray on the chart

Total expenses$5,619,420,58995.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.7% mission · 10.2% management · 0.1% fundraisingTotal expenses: 95.11% of revenue

2023Expense mix: 89.7% mission · 10.2% management · 0.1% fundraisingTotal expenses: 98.93% of revenue

2022Expense mix: 89.4% mission · 10.5% management · 0.1% fundraisingTotal expenses: 101.36% of revenue

2021Expense mix: 89.5% mission · 10.4% management · 0.1% fundraisingTotal expenses: 108.40% of revenue

2020Expense mix: 89.4% mission · 10.6% management · 0.1% fundraisingTotal expenses: 102.15% of revenue

2019Expense mix: 89.6% mission · 10.2% management · 0.1% fundraisingTotal expenses: 99.08% of revenue

2018Expense mix: 90.4% mission · 9.5% management · 0.1% fundraisingTotal expenses: 98.92% of revenue

2017Expense mix: 90.7% mission · 9.2% management · 0.1% fundraisingTotal expenses: 99.12% of revenue

Money in and money out

Revenue$5,908,041,192

Expenses$5,619,420,589

Annual surplus $288,620,603 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,038,812,719 · 89.7% of expenses

Management and office costs$572,328,254 · 10.2% of expenses

Fundraising$8,279,616 · 0.1% of expenses

See all reported dollar amounts

Revenue$5,908,041,192

Expenses$5,619,420,589

Assets$4,988,192,084

Income$5,916,610,122

Contributions$290,929,677

Mission work (program services)$5,038,812,719

Fundraising$8,279,616

Grants given$646,381,806

Average grant$1,588,162

Management and general$572,328,254

Stocks and bonds$736,236,551

Accounting fees$1,119,807

Investing fees$1,568,393

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROBERT MICHLER MDCHAIR-SURG/CARDIOTHORACIC SURG · 60 hrs/week $4,995,055Base $4,944,262 · Other $50,793

EMAD ESKANDAR MDCHAIR-NEUROLOGICAL SURGERY · 60 hrs/week $2,053,550Base $2,005,276 · Other $48,274

JOSEPH DE ROSE MDDIR MIN INVASIVE ROBOTIC SURG · 60 hrs/week $1,747,582Base $1,701,228 · Other $46,354

DANIEL GOLDSTEIN MDVICE CHAIR-CARDIOTHORACIC SURG · 60 hrs/week $1,727,814Base $1,707,530 · Other $20,284

NEIL COBELLI MDCHAIR-DEPT. OF ORTHOPEDICS · 60 hrs/week $1,631,985Base $1,600,389 · Other $31,596

PHILIP O OZUAH MD PHDPRESIDENT & CEO · 41 hrs/week $50,767Base · Other $50,767

CHRISTOPHER PANCZNERASST SEC.-SVP & GEN COUNSEL · 36 hrs/week $47,673Base · Other $47,673

COLLEEN M BLYEEXEC VP & CFO · 37 hrs/week $31,364Base · Other $31,364

SUSAN GREEN-LORENZEN RNSYSTEM SENIOR VP-OPERATIONS · 44 hrs/week $24,250Base · Other $24,250

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (42)

ROBERT MICHLER MDCHAIR-SURG/CARDIOTHORACIC SURG

EMAD ESKANDAR MDCHAIR-NEUROLOGICAL SURGERY

JOSEPH DE ROSE MDDIR MIN INVASIVE ROBOTIC SURG

DANIEL GOLDSTEIN MDVICE CHAIR-CARDIOTHORACIC SURG

NEIL COBELLI MDCHAIR-DEPT. OF ORTHOPEDICS

PHILIP O OZUAH MD PHDPRESIDENT & CEO

CHRISTOPHER PANCZNERASST SEC.-SVP & GEN COUNSEL

COLLEEN M BLYEEXEC VP & CFO

SUSAN GREEN-LORENZEN RNSYSTEM SENIOR VP-OPERATIONS

PATRICIA GREENTRUSTEE

JON W ROTENSTREICHTRUSTEE

JONATHAN A LIPTONTRUSTEE

LEWIS HENKINDTRUSTEE

MARGARET S NATHANTRUSTEE

MATTHEW H NORDTRUSTEE

MELISSA CERIALETRUSTEE

NATHAN GANTCHERTRUSTEE

PATRICIA BAUMANTRUSTEE (DECEASED 3/26/2024)

JOEL BRAUNTRUSTEE

RONALD L MOELISTRUSTEE

RUTH L GOTTESMAN EDDTRUSTEE

STACEY R LANETRUSTEE

THOMAS L HARRISONTRUSTEE

ELLEN BRESLOW NEWHOUSETRUSTEE

ALISA R DOCTOROFFTRUSTEE

ALLEN M SPIEGEL MDTRUSTEE

BARRY S BLATTMANTRUSTEE

BRUCE DONIGERTRUSTEE

CATHERINE KLEMAVICE CHAIR

DANIEL R TISHMANTRUSTEE

DAVID B KEIDANTRUSTEE

DOUGLAS F EISENBERGTRUSTEE

EDWIN H STERN IIITRUSTEE

JOHN P GUTFREUNDTRUSTEE

EMANUEL CHIRICOTREASURER

GAYLE F ROBINSONTRUSTEE

HELEN A JOHNSONTRUSTEE

JAMES M BUTLERCHAIR

JAY B ABRAMSONTRUSTEE

JENNIE EMILTRUSTEE

ALAN N SUNATRUSTEE

JOHN HEFFERTRUSTEE

About this charity

Recognized since: January 1938
Location: 111 EAST 210TH STREET, BRONX, NY 104672401
County: Bronx
In care of: COLLEEN BLYE
Primary officer: COLLEEN BLYE, EXEC V.P. & C.F.O.

How to reach them

WebsiteVisit the charity’s website Phone(914) 349-8455

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes