Overview
What is Montefiore Medical Center?
Montefiore Medical Center, established in 1884, is a renowned nonprofit healthcare delivery system based in the Bronx, New York. With a mission to heal, teach, discover, and advance the health of the communities it serves, Montefiore offers a full spectrum of healthcare services, including preventive, primary, specialty, acute, and post-acute care. The organization's commitment to its community is reflected in its innovative programs and services that extend beyond traditional medical care. Montefiore provides primary care services in non-traditional settings through initiatives like the Montefiore School Health Program and Mobile Health Vans. The Medical Center is home to six main campuses with over 1,558 licensed beds and extensive ambulatory care services, making it a tertiary care referral center and a leader in advanced care in numerous specialties. Montefiore's workforce of over 21,000 employees reflects its deep commitment to the community and its dedication to delivering high-quality, patient-centered care, regardless of patients' backgrounds or ability to pay.
Official website here: www.montefiore.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Montefiore Medical Center has received an 81% rating based on its accountability and finance practices, reflecting a strong commitment to transparency and governance. The organization boasts a majority independent board, with 94% of its board members being independent, which supports effective oversight. Financial practices are further enhanced by the absence of material asset diversion and the presence of thorough audit and oversight committees.
In terms of financial efficiency, Montefiore Medical Center demonstrates a high program expense ratio of 89.42%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. This efficiency is crucial for donors who seek to ensure their contributions are making a tangible impact. The center has also established several critical policies like conflict of interest, whistleblower protections, and document retention, all contributing to its solid operational framework.
While the overall score reflects positive attributes, it is important to consider that this rating is solely based on the accountability and finance beacon. Potential donors and stakeholders might want to look into additional aspects such as program outcomes and community impact to gain a comprehensive understanding of the organization's effectiveness and reach.
This AI summary has been generated from information found on Charity Navigator.
Is Montefiore Medical Center legitimate?
Montefiore Medical Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montefiore 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,046,678,436
For more financial information, click here
Official website here: www.montefiore.org
What is the mission statement of Montefiore Medical Center?
Montefiore Medical Center is dedicated to healing, teaching, discovering, and advancing the health of the communities it serves. Its mission is rooted in a long-standing commitment to delivering excellent care to all patients, regardless of their backgrounds or ability to pay. Established in 1884, Montefiore has made improving the quality of life for underserved populations a priority. As an academic medical center affiliated with Albert Einstein College of Medicine, it combines nationally recognized clinical and research expertise with compassionate, patient-centered care. Montefiore's values of humanity, innovation, teamwork, diversity, and equity shape its actions and inspire its pursuit of excellence in healthcare.
Official website here: www.montefiore.org
Who is the CEO of Montefiore Medical Center?
Philip O Ozuah Md Phd is the President & Ceo of Montefiore Medical Center. The CEO's salary of Montefiore Medical Center is $0 and their total compensation is $9,906,213.
Official website here: www.montefiore.org
What is the revenue of Montefiore Medical Center?
Montefiore Medical Center's revenue in 2022 was $4,590,891,278.
Official website here: www.montefiore.org
Who are the executives of Montefiore Medical Center and what are their salaries?
The average compensation at Montefiore Medical Center during 2022 was $93,854. There are 21807 employees and 686 volunteers at Montefiore Medical Center.
Here are 46 key members and their salaries (Montefiore Medical Center's CEO's salary is $0 and their total compensation is $9,906,213):
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- Related: $9,856,588
- Other: $49,625
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- Other: $47,025
- Compensation: $1,989,186
- Related: $0
- Other: $47,727
- Compensation: $0
- Related: $1,857,333
- Other: $41,124
- Compensation: $1,645,547
- Related: $0
- Other: $45,249
- Compensation: $1,654,244
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- Other: $19,984
- Compensation: $1,597,535
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Official website here: www.montefiore.org
Where can I find the form 990 for Montefiore Medical Center?
Montefiore Medical Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montefiore.org
Learn more at the official website: www.montefiore.org
Mission Statement of Montefiore Medical Center
Montefiore Medical Center, a premier academic medical center, is dedicated to healing, teaching, discovering, and advancing the health of the communities it serves. With a rich history dating back to 1884, Montefiore has made it a priority to improve the quality of life for underserved populations. Rooted in a commitment to provide excellent care to all patients, regardless of their backgrounds or ability to pay, Montefiore's mission is a testament to its enduring philosophy of compassionate care.
As a leading healthcare provider, Montefiore combines nationally-renowned clinical and research expertise with patient-centered care. Humanity, innovation, teamwork, diversity, and equity are the values that define Montefiore's approach to healthcare. These values inspire and motivate the organization to pursue excellence and achieve its goals. Montefiore's mission is rooted in its founding belief that every patient deserves the same standard of care, and this principle continues to guide its vision and actions today.
Montefiore Medical Center is not just a hospital; it is a beacon of hope and a symbol of innovation in the healthcare industry. Its commitment to providing exceptional care to all patients, regardless of their circumstances, sets it apart from many other healthcare organizations. Through its relentless pursuit of innovation and excellence, Montefiore continues to transform lives and make a positive impact on the health of the communities it serves.
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Impact
October, 2024
Montefiore Medical Center significantly impacts the health and well-being of the communities it serves in the Bronx and surrounding areas. Established in 1884, it has evolved into a full-service integrated healthcare delivery system, catering to nearly 2 million residents. Its mission—to heal, to teach, to discover, and to advance health—drives a comprehensive approach to healthcare that goes beyond traditional boundaries.
Montefiore is known for its pioneering medical advancements, having been at the forefront of numerous historical achievements, such as developing the world's first transvenous cardiac pacemaker and conducting groundbreaking surgeries on unborn babies. This commitment to innovation is mirrored in its extensive array of services, which include advanced cardiology, cancer care, and organ transplantation, making it one of the premier academic medical centers in the nation.
With six main campuses and over 175 community locations, Montefiore provides a wide spectrum of care, from emergency services to outpatient care and home health initiatives. The institution handles more than 286,000 emergency department visits and conducts over 1.5 million office visits annually. Its robust health information technology systems enhance the quality and efficiency of care, ensuring that patient outcomes are prioritized.
Montefiore also excels in serving vulnerable populations through programs like the Montefiore School Health Program—the largest of its kind in the nation—alongside targeted initiatives for the homeless and those at risk of domestic violence. By integrating care management and community health initiatives, Montefiore not only addresses immediate medical needs but also promotes overall community health through preventive measures and screenings.
Its collaborative model with the Albert Einstein College of Medicine facilitates cutting-edge research and education, reflecting Montefiore's dedication to advancing medical practices while training the next generation of healthcare professionals. The institution's efforts in health equity emphasize that all patients, regardless of their financial circumstances, receive high-quality care.
In summary, Montefiore Medical Center's impact is profound, marked by a dedication to innovation, comprehensive care, and community engagement that collectively enhances public health and sets a standard for medical excellence in urban healthcare delivery.
This information is meant to be a general summary of Montefiore 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $59,173,371
- Program Service Revenue: $4,328,849,238
- Gross Receipts: $4,595,426,724
Assets and Liabilities:
- Total Assets: $4,574,684,802
- Total Liabilities: $4,708,503,188
- Net Assets: -$133,818,386
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INPATIENT SERVICES
Revenue
$2,312,047,158
OUTPATIENT SVCS INCLUDING HOME HEALTH
Revenue
$1,908,490,242
INTERCOMPANY SHARED SERVICES
Revenue
$25,498,102
RESEARCH CONTRACTS
Revenue
$24,815,123
CARE MANAGEMENT HEALTH HOMES
Revenue
$16,161,542
Organization Details
Founding Year
1884
Phone
(914) 349-8455Principal Officer
Philip O Ozuah Md Phd
Main Address
111 EAST 210TH STREET, BRONX, NY, 104672401
Website
www.montefiore.orgNTEE Category
Code: E220 - Health
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