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Montefiore Health System Inc

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

EIN: 201615393 ✦ Tarrytown, NY ✦ Designated as a 501(c)(3)

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Overview

What is Montefiore Health System Inc?

Montefiore Health System Inc, based in Tarrytown, New York, serves as the umbrella organization for a network of hospitals and healthcare entities. Its mission is to support and enhance the health and well-being of the communities it serves, operating entities such as Montefiore Medical Center, Montefiore New Rochelle Hospital, and others. Montefiore Health System aims to adopt new technologies and business practices to provide essential resources for its stakeholders. With a workforce of 934 employees, the organization's objectives include governance, support services, and the deployment of innovative technologies to meet the challenges of its member institutions. Montefiore Medical Center, one of its supported entities, is widely recognized for its ability to integrate technology into clinical care, patient safety, and administrative management. The organization's mission is to heal, teach, discover, and advance the health of the communities it serves.


Official website here: www.montefiorehealthsystem.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Stars

Montefiore Health System Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score signifies that the organization excels in its financial practices, with a focus on transparency and effective governance. The charity's overall score is derived entirely from its accountability and finance measures, showcasing its commitment to maintaining high standards.

One of the notable strengths of Montefiore Health System is its independent board governance, with 97% of its board members being independent. This structure enhances decision-making and ensures that the organization operates without conflicts of interest. The charity also has a robust audit and oversight committee, which contributes to its comprehensive financial oversight, and it adheres to policies for whistleblower protection and document retention.

Despite its high ratings and strengths, the summary does not indicate any specific limitations or challenges faced by Montefiore Health System. Overall, the organization demonstrates strong performance in financial management and governance, making it a trustworthy entity in the nonprofit sector.


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

Is Montefiore Health System Inc legitimate?

Montefiore Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montefiore Health System Inc 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: $2,216,773
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,783,068

For more financial information, click here


Official website here: www.montefiorehealthsystem.org

What is the mission statement of Montefiore Health System Inc?

Montefiore Health System Inc is dedicated to enhancing the health and well-being of the communities it serves. Its mission is to heal, teach, discover, and advance healthcare. The organization has a rich history of medical innovation and community service, and its compassionate care is designed to improve the lives of those under its care. Montefiore Health System provides various governance and support services to its constituent entities, ensuring they have the resources to meet their challenges. Montefiore Information Technology, now part of Montefiore Health System, focuses on deploying new technologies and defining new business practices to support the institution's stakeholders. Montefiore Medical Center, one of the organization's supported entities, is widely recognized for its ability to adopt new technology to improve patient care, safety, privacy, infrastructure, business management, and the continuum of care.


Official website here: www.montefiorehealthsystem.org

Who is the CEO of Montefiore Health System Inc?

Philip O Ozuah Md Phd is the President & Ceo of Montefiore Health System Inc. The CEO's salary of Montefiore Health System Inc is $1,122,318 and their total compensation is $1,131,589.


Official website here: www.montefiorehealthsystem.org

What is the revenue of Montefiore Health System Inc?

Montefiore Health System Inc's revenue in 2022 was $381,942,085.


Official website here: www.montefiorehealthsystem.org

Who are the executives of Montefiore Health System Inc and what are their salaries?

The average compensation at Montefiore Health System Inc during 2022 was $135,974. There are 934 employees at Montefiore Health System Inc.


Here are 50 key members and their salaries (Montefiore Health System Inc's CEO's salary is $1,122,318 and their total compensation is $1,131,589):


Philip O Ozuah Md Phd (President & Ceo)
  • Compensation: $0
  • Related: $9,856,588
  • Other: $49,625
Colleen Blye (Exec Vp & Cfo)
  • Compensation: $0
  • Related: $3,537,630
  • Other: $29,968
Susan Green-Lorenzen Rn (System Senior Vp-Operations)
  • Compensation: $2,528,339
  • Related: $0
  • Other: $47,025
Andrew Racine Md Phd (Svp & Chief Medical Officer)
  • Compensation: $2,191,069
  • Related: $0
  • Other: $47,129
Christopher Panczner (Assistant Secretary)
  • Compensation: $0
  • Related: $1,857,333
  • Other: $41,124
Stephen Rosenthal (Svp-Net Population Health Mgmt)
  • Compensation: $1,339,240
  • Related: $0
  • Other: $49,525
Jeffrey Menkes (President & Ceo - Burke)
  • Compensation: $1,122,318
  • Related: $0
  • Other: $9,271
John Wolf (Svp & Cio)
  • Compensation: $873,495
  • Related: $0
  • Other: $37,528
Maureen Scanlan (Vp Nursing & Patient Care Srvc)
  • Compensation: $773,555
  • Related: $0
  • Other: $47,423
Jay B Abramson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Bauman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry S Blattman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James M Butler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Ceriale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Doniger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennie Emil (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Gantcher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth L Gottesman Edd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas L Harrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Heffer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Henkind (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen A Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David B Keidan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan M Klein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Klema (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey R Lane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay B Langner (Trustee (Retired 6/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan A Lipton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret S Nathan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew H Nord (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle F Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon W Rotenstreich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edwin H Stern Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Stocker Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David A Tanner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Diviney (Trustee (Retired 6/30/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Braun (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emanuel Chirico (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alisa R Doctoroff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Gutfreund (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald L Moelis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan N Suna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel R Tishman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William S Null (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Breslow Newhouse (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas F Eisenberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen M Spiegel Md (Trustee (Appointed 6/30/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter M Lehrer (Trustee (Appointed 6/30/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montefiorehealthsystem.org

Where can I find the form 990 for Montefiore Health System Inc?

Montefiore Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montefiorehealthsystem.org

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

Mission Statement of Montefiore Health System Inc

Montefiore Health System Inc, a leading healthcare organization, is dedicated to healing, teaching, discovering, and advancing the health of the communities it serves. With a rich history rooted in medical innovation and community service, Montefiore builds upon its legacy to improve the lives of those in its care.

The mission of Montefiore Health System is threefold. First, it strives to heal by delivering exceptional, compassionate care to individuals and families. Second, it teaches by fostering knowledge and expertise through education and training programs for healthcare professionals and students. Third, it discovers and advances the health of the communities by conducting research and implementing new technologies and business practices.

Montefiore Health System serves as a parent or indirect parent corporation to several hospitals and healthcare entities, providing governance and support services. The organization is home to Montefiore Medical Center, the teaching hospital for Albert Einstein College of Medicine, which is widely recognized for its technological capabilities and commitment to clinical care, patient safety, privacy, and business management. Montefiore Information Technology, a formerly disregarded entity, joined the Montefiore Health System in 2023 to provide essential IT support services to its member organizations, enabling them to address complex challenges effectively.

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Impact




October, 2024

Montefiore Health System Inc. plays a significant role in enhancing the health and well-being of the communities it serves through a multifaceted approach to healthcare. With a foundational mission to heal, teach, discover, and advance health, Montefiore actively addresses the diverse health needs of its patient population.

Operating a network of hospitals and healthcare entities, including Montefiore Medical Center and several other community hospitals, the system is committed to providing comprehensive medical care, education, and research. By leveraging cutting-edge technology and innovative medical practices, Montefiore has earned recognition as one of healthcare's most technologically advanced institutions, which bolsters both patient safety and care quality.

Montefiore also focuses on community health through education and outreach initiatives, which aim to empower individuals with knowledge and resources needed to support their health. The integration of information technology services through Montefiore Information Technology (MIT) enhances operational efficiency and supports the system's goal of addressing the ever-evolving challenges in healthcare delivery.

This commitment to compassionate care is evident in Montefiore's approach, which combines medical expertise with a focus on the social determinants of health, ensuring equitable access to healthcare services for all community members. Through these efforts, Montefiore Health System Inc. significantly impacts public health outcomes and strives to cultivate healthier communities.




This information is meant to be a general summary of Montefiore Health System Inc. 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
$381,942,085 (2022)
Expenses
$411,045,343 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,498,668
  • Program Service Revenue: $376,970,136
  • Gross Receipts: $381,942,085

Assets and Liabilities:

  • Total Assets: $840,185,224
  • Total Liabilities: $367,181,666
  • Net Assets: $473,003,558

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Programs

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

INFORMATION TECHNOLOGY SERVICES

Revenue

$218,446,702

MANAGED LONG TERM HOME HEALTH CARE SERV

Revenue

$87,963,822

INTERCOMPANY SHARED SERVICES

Revenue

$52,422,079

MEMBERSHIP DUES

Revenue

$15,752,126

RENTAL INCOME FROM EXEMPT AFFILIATES

Revenue

$1,964,270

Organization Details

Founding Year

2004

Principal Officer

Philip O Ozuah Md Phd

Main Address

555 SOUTH BROADWAY BLDG A FL 1, TARRYTOWN, NY, 105916301

NTEE Category

Code: E19 - Health

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