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Maimonides Medical Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 111635081 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Maimonides Medical Center?

Maimonides Medical Center, based on an unspecified location, is a commitment-driven institution dedicated to enhancing community health. Through their high-quality, compassionate patient care, they address various health concerns while extending their reach beyond hospital walls through comprehensive community services.


Official website here: www.maimonidesmed.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Maimonides Medical Center has received a Three-Star rating from Charity Navigator, indicating a relatively strong performance in areas of accountability and finance. The score is entirely based on a single beacon focused on financial metrics, reflecting the organization’s commitment to transparency and proper governance. The independent board, consisting of 33 members, is a significant strength, with a high percentage of independent members ensuring robust oversight.

The organization demonstrates excellent financial management, achieving a program expense ratio of 83.10%, which indicates that a substantial portion of its funds is directed towards programs rather than administrative costs. Additional strengths include comprehensive policies on conflict of interest, whistleblower protections, and document retention, all of which contribute to its strong accountability structure.

While the rating is commendable, potential donors might want to consider that the overall score is derived solely from financial factors. There may be other qualitative aspects of the organization’s work and impact that are not captured by this rating, making it worthwhile for interested parties to seek further information about its programs and community contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Maimonides Medical Center legitimate?

Maimonides Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maimonides Medical Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $8,677,315
Professional Fundraising Fees: $0
Other Salaries and Wages: $714,268,468

For more financial information, click here


Official website here: www.maimonidesmed.org

What is the mission statement of Maimonides Medical Center?

Maimonides Medical Center is committed to enhancing community health through delivering top-notch, caring medical services. They prioritize patient well-being and offer a wide range of community programs. Their mission encompasses providing quality healthcare and fostering healthy communities. By focusing on both patient care and community services, they strive to make a positive impact on overall health and well-being.


Official website here: www.maimonidesmed.org

Who is the CEO of Maimonides Medical Center?

Kenneth D Gibbs is the President & Ceo of Maimonides Medical Center. The CEO's salary of Maimonides Medical Center is $1,760,796 and their total compensation is $1,810,033.


Official website here: www.maimonidesmed.org

What is the revenue of Maimonides Medical Center?

Maimonides Medical Center's revenue in 2022 was $1,451,215,166.


Official website here: www.maimonidesmed.org

Who are the executives of Maimonides Medical Center and what are their salaries?

The average compensation at Maimonides Medical Center during 2022 was $90,391. There are 7998 employees and 1233 volunteers at Maimonides Medical Center.


Here are 49 key members and their salaries (Maimonides Medical Center's CEO's salary is $1,760,796 and their total compensation is $1,810,033):


Jacob Shani Md (Chair, Cardiology)
  • Compensation: $3,498,724
  • Related: $0
  • Other: $46,488
Patrick I Borgen Md (Chair, Dept Of Surgery)
  • Compensation: $1,989,629
  • Related: $0
  • Other: $58,080
David Edelstein Md (Orthopedic Surgery)
  • Compensation: $1,928,500
  • Related: $0
  • Other: $54,039
Greg H Ribakove Md (Chief Cardiothoracic Surgery)
  • Compensation: $1,794,058
  • Related: $0
  • Other: $46,488
Robert A Frankel Md (Dir, Interventional Cardiology)
  • Compensation: $1,784,952
  • Related: $0
  • Other: $48,988
Kenneth D Gibbs (President & Ceo)
  • Compensation: $1,760,796
  • Related: $0
  • Other: $49,237
Michael Antoniades (Evp, Coo Through 10/22)
  • Compensation: $1,163,311
  • Related: $0
  • Other: $26,423
David I Cohen Md (Evp,Pop Health& Academ Affairs)
  • Compensation: $943,736
  • Related: $0
  • Other: $39,117
Laurie E Weinstein (Evp,Chief Legal Offic,Asst Sec)
  • Compensation: $929,129
  • Related: $0
  • Other: $49,238
Robert Press Md (Evp, Medical Affairs)
  • Compensation: $916,805
  • Related: $0
  • Other: $24,302
Harry Adler Md (Med Staff Pres Through 6/22)
  • Compensation: $781,062
  • Related: $0
  • Other: $47,988
John Mallia (Evp & Cfo Through 3/22)
  • Compensation: $683,359
  • Related: $0
  • Other: $8,859
Robert Palermo (Evp/Cfo 3/22 & Asst Treasurer)
  • Compensation: $612,512
  • Related: $0
  • Other: $36,023
Monica Ghitan Md (Med Staff Pres As Of 7/22)
  • Compensation: $267,946
  • Related: $0
  • Other: $57,062
Judy Bachman (Cto 8/22 & Interim Coo 9/22)
  • Compensation: $277,147
  • Related: $0
  • Other: $145
Joyce Leahy (Former Evp,Gnl Counsel,Ast Sec)
  • Compensation: $192,622
  • Related: $0
  • Other: $3,119
Paul Addison (Trustee & Treasurer As Of 6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Astion Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Barasch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irwin Birnbaum (Trustee Thru June 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Bruno (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cassato Msgr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Fenster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaim Fischer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard D Forman (Trustee Through 7/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yehoshua Fruchthandler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Glick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack A Hidary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lofton Holder (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eugene Keilin (Trustee & Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mortimer N Klaus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Herbert Leshkowitz (Trustee & Treasurer Thru 6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Liu Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Machinist (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Meltzer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Naccarato (Trustee & Secr As Of 6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Azzam Obeid (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Payson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Price (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Rebenwurzel (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erminia Rivera (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Rovt Phd (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avi Schron (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Singh (Trustee & Secr Through 6/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Spira (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron D Twerski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Waisbrod (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Weinberger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael L Ziegler Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.maimonidesmed.org

Where can I find the form 990 for Maimonides Medical Center?

Maimonides Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.maimonidesmed.org

Learn more at the official website: www.maimonidesmed.org

Mission Statement of Maimonides Medical Center

Maimonides Medical Center, a leading nonprofit organization, is committed to fostering healthy communities by delivering top-notch, compassionate patient care and a wide range of comprehensive community services. Dedicated to enhancing overall wellbeing, this esteemed institution goes beyond medical treatment to ensure the holistic health of the individuals it serves. With a focus on quality and kindness, Maimonides Medical Center aims to make a positive impact on the health landscape.

In implementing its mission, Maimonides Medical Center offers high-quality healthcare services that cater to the unique needs of each patient. The organization's team of skilled medical professionals is known for their compassionate approach, ensuring that every individual receives the best possible care. Furthermore, Maimonides Medical Center extends its reach beyond the hospital walls by providing essential community services aimed at promoting health and wellness. These services encompass various aspects of an individual's life, from education and prevention to support and advocacy.

By fostering a culture of health and compassion, Maimonides Medical Center plays a critical role in creating thriving communities. Through its dedicated team of professionals and its commitment to delivering comprehensive care, the organization sets the standard for healthcare excellence. In this way, Maimonides Medical Center truly embodies its mission to enhance the health and wellbeing of the communities it serves.

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Impact




October, 2024

Maimonides Medical Center plays a vital role in fostering healthy communities in Brooklyn, NY, by providing high-quality and compassionate patient care alongside comprehensive community services. The center's commitment to improving health outcomes is evident in its dedication to serving diverse populations and addressing a wide range of medical needs. Through its various programs and initiatives, Maimonides reinforces the importance of accessible healthcare, contributing to the overall well-being of individuals and families in the region. This impact extends beyond individual patient care, as the center actively engages with the community to promote health education, preventive care, and wellness initiatives, ultimately creating a healthier environment for all.




This information is meant to be a general summary of Maimonides Medical Center. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,451,215,166 (2022)
Expenses
$1,516,482,116 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,540,425
  • Program Service Revenue: $1,421,789,333
  • Gross Receipts: $1,451,553,524

Assets and Liabilities:

  • Total Assets: $1,708,014,796
  • Total Liabilities: $1,403,602,130
  • Net Assets: $304,412,666

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PATIENT SERVICE REVENUE

Revenue

$1,392,941,474

INSURANCE COMPANY SURPLUS DISTRIB.

Revenue

$25,307,984

RENTAL INCOME

Revenue

$3,539,875

Organization Details

Founding Year

1947

Principal Officer

Kenneth D Gibbs

Main Address

4802 Tenth Avenue, Brooklyn, NY, 11219

NTEE Category

Code: E220 - Health

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