Nonprofit · EIN 20-1615393
MONTEFIORE HEALTH SYSTEM INC
Tax-exempt · BRONX, NY 10467
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $383,138,560 | $429,182,146 | -$46,043,586 | $1,060,948,058 | $424,165,376 | $636,782,682 |
| December 31, 2023 | 990 | $393,445,493 | $444,563,348 | -$51,117,855 | $886,300,716 | $250,353,680 | $635,947,036 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $378,204,800
- Investment income
- $4,671,217
- Other revenue
- $262,543
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,631,771
- Other salaries and wages
- $143,101,151
- Salaries, compensation and benefits (total)
- $196,208,601
- Professional fundraising fees
- $0
- Legal fees
- $407,105
- Accounting fees
- $1,980,107
- Occupancy
- $13,948,610
- Travel
- $477,919
- Depreciation
- $16,811,909
- Program services (functional)
- $305,137,784
- Management and general (functional)
- $124,044,362
Balance sheet and other
- Total assets, start of year
- $886,300,716
- Total assets, end of year
- $1,060,948,058
- Total liabilities, end of year
- $424,165,376
- Net assets, end of year
- $636,782,682
- Land, buildings and equipment
- $197,582,175
- Net assets without donor restrictions
- $610,369,682
- Net assets with donor restrictions
- $26,413,000
- Gross unrelated business income
- $3,511,438
- Gross receipts
- $383,138,560
- Employees
- 1,001
- Volunteers
- 0
- Year formed
- 2004
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PHILIP O OZUAH MD | PRESIDENT & CEO Trustee or director, Officer | 2 | $0 | $16,639,270 | $50,767 |
| COLLEEN BLYE | EXEC VP & CFO Officer | 5 | $0 | $4,248,644 | $31,364 |
| PETER SEMCZUK | SVP & EXECUTIVE DIRECTOR MOSES & WAKEFIELD CAMPUSES Highest-paid employee | 0 | $2,720,377 | $0 | $677,743 |
| SUSAN GREEN-LORENZEN RN | SYSTEM SENIOR VP-OPERATIONS Key employee | 2 | $3,093,931 | $0 | $24,250 |
| ANDREW RACINE MD | SVP & CHIEF MEDICAL OFFICER Highest-paid employee | 0 | $2,131,426 | $0 | $50,943 |
| CHRISTOPHER PANCZNER | ASSISTANT SECRETARY Officer | 2 | $0 | $1,918,564 | $47,673 |
| STEPHEN ROSENTHAL | SVP-NET POPULATION HEALTH MGMT Highest-paid employee | 0 | $1,432,692 | $0 | $50,767 |
| DEEPESH CHANDRA | SVP & CHIEF INFORMATION OFFICER Highest-paid employee | 0 | $970,258 | $0 | $0 |
| JOHN J FREDA | HOUSE STAFF Highest-paid employee | 0 | $907,576 | $0 | $51,406 |
| CATHERINE KLEMA | VICE CHAIR Trustee or director, Officer | 0.8 | $0 | $0 | $0 |
| EMANUEL CHIRICO | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JAMES M BUTLER | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALAN N SUNA | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| ALISA R DOCTOROFF | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ALLEN M SPIEGEL MD | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
30 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY S BLATTMAN | TRUSTEE Trustee or director | 0.5 | $0 |
| BRUCE DONIGER | TRUSTEE Trustee or director | 0.3 | $0 |
| DANIEL R TISHMAN | TRUSTEE Trustee or director | 0.3 | $0 |
| DAVID B KEIDAN | TRUSTEE Trustee or director | 0.3 | $0 |
| DOUGLAS F EISENBERG | TRUSTEE Trustee or director | 0.3 | $0 |
| EDWIN H STERN III | TRUSTEE Trustee or director | 0.3 | $0 |
| ELLEN BRESLOW NEWHOUSE | TRUSTEE Trustee or director | 0.3 | $0 |
| GAYLE F ROBINSON | TRUSTEE Trustee or director | 0.5 | $0 |
| HELEN A JOHNSON | TRUSTEE Trustee or director | 0.3 | $0 |
| JAY B ABRAMSON | TRUSTEE Trustee or director | 0.5 | $0 |
| JENNIE EMIL | TRUSTEE Trustee or director | 0.5 | $0 |
| JOEL BRAUN | TRUSTEE Trustee or director | 0.3 | $0 |
| JOHN HEFFER | TRUSTEE Trustee or director | 0.3 | $0 |
| JOHN P GUTFREUND | TRUSTEE Trustee or director | 0.3 | $0 |
| JON W ROTENSTREICH | TRUSTEE Trustee or director | 0.3 | $0 |
| JONATHAN A LIPTON | TRUSTEE Trustee or director | 0.3 | $0 |
| LAURENCE SMITH | TRUSTEE Trustee or director | 0.3 | $0 |
| LEWIS HENKIND | TRUSTEE Trustee or director | 0.3 | $0 |
| MARGARET S NATHAN | TRUSTEE Trustee or director | 0.3 | $0 |
| MATTHEW H NORD | TRUSTEE Trustee or director | 0.3 | $0 |
| MELISSA CERIALE | TRUSTEE Trustee or director | 0.5 | $0 |
| NATHAN GANTCHER | TRUSTEE Trustee or director | 0.3 | $0 |
| PATRICIA BAUMAN | TRUSTEE (DECEASED 3/26/2024) Trustee or director | 0.3 | $0 |
| PATRICIA GREEN | TRUSTEE Trustee or director | 0.3 | $0 |
| PETER M LEHRER | TRUSTEE Trustee or director | 0.3 | $0 |
| RONALD L MOELIS | TRUSTEE Trustee or director | 0.5 | $0 |
| RUTH L GOTTESMAN EDD | TRUSTEE Trustee or director | 0.3 | $0 |
| STACEY R LANE | TRUSTEE Trustee or director | 0.3 | $0 |
| THOMAS L HARRISON | TRUSTEE Trustee or director | 0.3 | $0 |
| WILLIAM S NULL | TRUSTEE Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2023: 48 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PHILIP O OZUAH MD | PRESIDENT & CEO Trustee or director, Officer | 2 | $0 | $16,314,853 | $46,776 |
| COLLEEN BLYE | EXEC VP & CFO Officer | 5 | $0 | $3,648,579 | $29,882 |
| SUSAN GREEN-LORENZEN RN | SYSTEM SENIOR VP-OPERATIONS Key employee | 2 | $2,712,654 | $0 | $46,906 |
| ANDREW RACINE MD | SVP & CHIEF MEDICAL OFFICER Highest-paid employee | 0 | $2,220,206 | $0 | $46,952 |
| PETER SEMCZUK | SVP & EXECUTIVE DIRECTOR MOSES & WAKEFIELD CAMPUSES Highest-paid employee | 0 | $1,646,419 | $0 | $373,067 |
| CHRISTOPHER PANCZNER | ASSISTANT SECRETARY Officer | 2 | $0 | $1,826,063 | $46,882 |
| STEPHEN ROSENTHAL | SVP-NET POPULATION HEALTH MGMT Highest-paid employee | 0 | $1,391,841 | $0 | $49,826 |
| MAUREEN SCANLAN | VP NURSING & PATIENT CARE SRVC Highest-paid employee | 0 | $839,225 | $0 | $47,331 |
| LOREEN BABCOCK | VP & CHIEF MARKETING OFFICER Highest-paid employee | 0 | $763,729 | $0 | $46,776 |
| ALAN M KLEIN | SECRETARY Trustee or director, Officer | 0.8 | $0 | $0 | $0 |
| CATHERINE KLEMA | VICE CHAIR Trustee or director, Officer | 0.8 | $0 | $0 | $0 |
| EMANUEL CHIRICO | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JAMES M BUTLER | CHAIRMAN Trustee or director, Officer | 0.8 | $0 | $0 | $0 |
| ALAN N SUNA | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| ALISA R DOCTOROFF | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ALLEN M SPIEGEL MD | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| BARRY S BLATTMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| BRUCE DONIGER | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| DANIEL R TISHMAN | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| DAVID A TANNER | TRUSTEE (RESIGNED 1/24/23) Trustee or director | 0.3 | $0 | $0 | $0 |
| DAVID B KEIDAN | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| DOUGLAS F EISENBERG | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| EDWIN H STERN III | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| ELLEN BRESLOW NEWHOUSE | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| GAYLE F ROBINSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| HELEN A JOHNSON | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JAY B ABRAMSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIE EMIL | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JOEL BRAUN | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JOHN HEFFER | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JOHN P GUTFREUND | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JON W ROTENSTREICH | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| JONATHAN A LIPTON | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| LAURENCE SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LEWIS HENKIND | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| MARGARET S NATHAN | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| MATTHEW H NORD | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| MELISSA CERIALE | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHAEL A STOCKER MD | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| NATHAN GANTCHER | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| PATRICIA BAUMAN | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| PATRICIA GREEN | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| PETER M LEHRER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RONALD L MOELIS | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| RUTH L GOTTESMAN EDD | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| STACEY R LANE | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| THOMAS L HARRISON | TRUSTEE Trustee or director | 0.3 | $0 | $0 | $0 |
| WILLIAM S NULL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 111 E 210TH ST, BRONX, NY 10467-2401
- In care of
- % EVAN RESNICK
- Principal officer (990 for 2024)
- PHILIP O OZUAH MD PHD, 555 SOUTH BROADWAY BLDG A FL 1, TARRYTOWN, NY 105916301
- Signed the 990
- Colleen Blye, EXEC V.P. & C.F.O.
- Phone
- (914) 349-8455
- Website
- MONTEFIOREHEALTHSYSTEM.ORG
- Return prepared by
- ERNST & YOUNG US LLP
Mission
TO HEAL, TO TEACH, TO DISCOVER AND TO ADVANCE THE HEALTH OF THE COMMUNITIES WE SERVE. MONTEFIORE BUILDS UPON OUR RICH HISTORY OF MEDICAL INNOVATION AND COMMUNITY SERVICE TO IMPROVE THE LIVES OF THOSE IN OUR CARE. OUR MISSION IS EXEMPLIFIED IN OUR EXCEPTIONAL, COMPASSIONATE CARE AND DEDICATION TO IMPROVE THE WELL-BEING OF THOSE WE SERVE.
Program accomplishments
- MONTEFIORE HEALTH SYSTEM, INC. SERVES AS THE DIRECT PARENT OR INDIRECT PARENT CORPORATION OPERATING IN FURTHERANCE AND SUPPORT OF MONTEFIORE MEDICAL CENTER, MONTEFIORE NEW ROCHELLE HOSPITAL, MONTEFIORE MOUNT VERNON HOSPITAL, SCHAFFER EXTENDED CARE CENTER, MONTEFIORE NYACK HOSPITAL, WHITE PLAINS HOSPITAL MEDICAL CENTER, THE WINIFRED MASTERSON BURKE REHABILITATION HOSPITAL, ST LUKE'S CORNWALL HEALTH SYSTEM, INC. AS WELL AS THE OTHER NOT-FOR PROFIT AND FOR-PROFIT ENTITIES THAT HAVE BEEN FORMED IN CONNECTION WITH THE CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES, MISSIONS, AND OBJECTIVES OF THE CORPORATION AND THE MONTEFIORE HEALTH SYSTEM. MONTEFIORE HEALTH SYSTEM'S OBJECTIVE IS TO IMPROVE AND ENHANCE THE GENERAL HEALTH AND WELL-BEING OF THE COMMUNITIES IT SERVES BY PROVIDING VARIOUS GOVERNANCE AND SUPPORT SERVICES TO THE CONSTITUENT ENTITIES OF THE HEALTH SYSTEM. MONTEFIORE INFORMATION TECHNOLOGY (MIT), THE FORMERLY DISREGARDED ENTITY OF THE ORGANIZATION, BECAME PART OF THE MONTEFIORE HEALTH SYSTEM, INC. 1-1-23. MIT WAS ORGANIZED PRIMARILY TO PROVIDE INFORMATION TECHNOLOGY SUPPORT SERVICES TO THE MEMBER ORGANIZATIONS, WORKING TO DEPLOY NEW TECHNOLOGIES AND DEFINE NEW BUSINESS PRACTICES IN ORDER TO PROVIDE STAKEHOLDERS ACROSS THE INSTITUTION WITH THE RESOURCES NEEDED TO MEET THEIR MOST DIFFICULT CHALLENGES. MONTEFIORE MEDICAL CENTER, THE UNIVERSITY HOSPITAL FOR ALBERT EINSTEIN COLLEGE OF MEDICINE AND ONE OF THE ORGANIZATION'S SUPPORTED ENTITY, IS ONE OF HEALTHCARE'S MOST WIRED HOSPITALS, WIDELY RECOGNIZED FOR ITS ABILITY TO ADOPT NEW TECHNOLOGY TO SUPPORT CLINICAL CARE, PATIENT SAFETY AND PRIVACY, INFRASTRUCTURE, BUSINESS AND ADMINISTRATIVE MANAGEMENT AND THE CONTINUUM OF CARE.Expenses $302,573,568 · revenue $357,332,262
- MONTEFIORE HMO, LLC ("MHMO"), A NEW YORK LIMITED LIABILITY COMPANY, IS A DISREGARDED ENTITY OF THE MONTEFIORE HEALTH SYSTEM, INC. AND OPERATES AS A MANAGED LONG-TERM CARE PLAN (MLTCP) WITHIN THE NEW YORK STATE COUNTIES OF WESTCHESTER AND THE BRONX. MHMO CONTRACTS WITH THE NEW YORK STATE DEPARTMENT OF HEALTH (NYSDOH) TO PROVIDE MEDICAID HEALTH AND LONG-TERM CARE SERVICES TO CHRONICALLY ILL OR DISABLED INDIVIDUALS WHO REQUIRE MORE THAN 120 DAYS OF CONTINUOUS CARE. MONTEFIORE HMO PROVIDES AND COORDINATES SERVICES DESIGNED TO KEEP MEMBERS LIVING IN THEIR OWN HOMES. THE PLAN ARRANGES FOR AND PAYS FOR CERTAIN HEALTH AND SOCIAL SERVICES, INCLUDING CARE MANAGEMENT, HOME HEALTHCARE, CONSUMER-DIRECTED PERSONAL CARE, NURSING SERVICES, REHABILITATION, DENTAL AND OTHER PERSONAL SERVICES. EFFECTIVE 12/31/2023, MONTEFIORE HMO WAS CLOSED (SOLD) TO ELDERSERVE HEALTH CARE, INC. (RIVERSPRINGS). ALL MEMBERS WERE TRANSFERRED OUT OF THE MHMO PLAN TO EITHER RIVERSPRINGS OR BACK TO THE STATE FOR REASSIGNMENT.Expenses $2,141,618 · revenue $19,056,338
- MONTEFIORE SS HOLDINGS, LLC, MONTEFIORE MV HOLDINGS, LLC AND MONTEFIORE HA HOLDINGS, LLC, DISREGARDED ENTITIES OF MONTEFIORE HEALTH SYSTEM, INC., ARE THE HOLDING COMPANIES ESTABLISHED IN 2013 TO OWN THE LAND AND BUILDINGS LEASED TO MONTEFIORE NEW ROCHELLE HOSPITAL, MONTEFIORE MOUNT VERNON HOSPITAL AND THE SCHAFFER EXTENDED CARE CENTER, RESPECTIVELY. THESE 501(C)(3) ORGANIZATIONS ARE SUPPORTED ENTITIES OF MONTEFIORE HEALTH SYSTEM, INC. AND ARE COMPRISED OF TWO HOSPITALS AND A NURSING HOME.Expenses $422,598 · revenue $1,816,200
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1615393
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E19)
- Assets (IRS master file)
- $1,060,948,058
- Income (IRS master file)
- $383,138,560
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $383,138,560 | $429,182,146 | $1,060,948,058 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $393,445,493 | $444,563,348 | $886,300,716 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $381,942,085 | $411,045,343 | $840,185,224 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1615393).
Questions about MONTEFIORE HEALTH SYSTEM INC
- What is the EIN of MONTEFIORE HEALTH SYSTEM INC?
- The employer identification number (EIN) of MONTEFIORE HEALTH SYSTEM INC is 20-1615393.
- Is MONTEFIORE HEALTH SYSTEM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to MONTEFIORE HEALTH SYSTEM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MONTEFIORE HEALTH SYSTEM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MONTEFIORE HEALTH SYSTEM INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONTEFIORE HEALTH SYSTEM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MONTEFIORE HEALTH SYSTEM INC?
- The 990 for the year ended December 31, 2024 names PHILIP O OZUAH MD PHD.
- Who are the officers and directors of MONTEFIORE HEALTH SYSTEM INC?
- The 990 for the year ended December 31, 2024 lists 45 people; 6 received compensation from the organization.
- How much revenue does MONTEFIORE HEALTH SYSTEM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $383,138,560, expenses of $429,182,146 and total assets of $1,060,948,058 at year end.
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