NonprofitsMontefiore Health System Inc

Health Care

Montefiore Health System Inc

BRONX, NY

Total revenue

$383.1M

Total expenses

$429.2M

Net assets

$636.8M

Grants received

$1.3M

13 grants

EIN

201615393

Tax year

2024

Mission

To heal, to teach, to discover and to advance the health of the communities we serve.

Programs

2 programs

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: $2.1M

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: $423K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$378.2M
Investment income$4.7M
Other revenue$263K
Total revenue$383.1M

Expenses

Grants paid
Salaries & benefits$196.2M
Fundraising
Other expenses$233.0M
Total expenses$429.2M
Total assets$1.1B
Net assets$636.8M

People

45 listed

NameRoleCompensation

ALLEN M SPIEGEL MD

TRUSTEE

Board

0.3 hrs/wk

BARRY S BLATTMAN

TRUSTEE

Board

0.5 hrs/wk

BRUCE DONIGER

TRUSTEE

Board

0.3 hrs/wk

DANIEL R TISHMAN

TRUSTEE

Board

0.3 hrs/wk

DAVID B KEIDAN

TRUSTEE

Board

0.3 hrs/wk

DOUGLAS F EISENBERG

TRUSTEE

Board

0.3 hrs/wk

EDWIN H STERN III

TRUSTEE

Board

0.3 hrs/wk

ELLEN BRESLOW NEWHOUSE

TRUSTEE

Board

0.3 hrs/wk

GAYLE F ROBINSON

TRUSTEE

Board

0.5 hrs/wk

HELEN A JOHNSON

TRUSTEE

Board

0.3 hrs/wk

JAY B ABRAMSON

TRUSTEE

Board

0.5 hrs/wk

JENNIE EMIL

TRUSTEE

Board

0.5 hrs/wk

JOEL BRAUN

TRUSTEE

Board

0.3 hrs/wk

JOHN HEFFER

TRUSTEE

Board

0.3 hrs/wk

JOHN P GUTFREUND

TRUSTEE

Board

0.3 hrs/wk

JON W ROTENSTREICH

TRUSTEE

Board

0.3 hrs/wk

JONATHAN A LIPTON

TRUSTEE

Board

0.3 hrs/wk

LAURENCE SMITH

TRUSTEE

Board

0.3 hrs/wk

LEWIS HENKIND

TRUSTEE

Board

0.3 hrs/wk

MARGARET S NATHAN

TRUSTEE

Board

0.3 hrs/wk

MATTHEW H NORD

TRUSTEE

Board

0.3 hrs/wk

CATHERINE KLEMA

VICE CHAIR

Board

0.8 hrs/wk

NATHAN GANTCHER

TRUSTEE

Board

0.3 hrs/wk

PATRICIA BAUMAN

TRUSTEE (DECEASED 3/26/2024)

Board

0.3 hrs/wk

PATRICIA GREEN

TRUSTEE

Board

0.3 hrs/wk

PETER M LEHRER

TRUSTEE

Board

0.3 hrs/wk

RONALD L MOELIS

TRUSTEE

Board

0.5 hrs/wk

RUTH L GOTTESMAN EDD

TRUSTEE

Board

0.3 hrs/wk

STACEY R LANE

TRUSTEE

Board

0.3 hrs/wk

THOMAS L HARRISON

TRUSTEE

Board

0.3 hrs/wk

WILLIAM S NULL

TRUSTEE

Board

0.3 hrs/wk

CHRISTOPHER PANCZNER

ASSISTANT SECRETARY

Board

2 hrs/wk

COLLEEN BLYE

EXEC VP & CFO

Board

5 hrs/wk

MELISSA CERIALE

TRUSTEE

Board

0.5 hrs/wk

EMANUEL CHIRICO

TREASURER

Board

0.5 hrs/wk

JAMES M BUTLER

CHAIRMAN

Board

1 hrs/wk

PHILIP O OZUAH MD

PRESIDENT & CEO

Board

2 hrs/wk

ALAN N SUNA

TRUSTEE

Board

0.3 hrs/wk

ALISA R DOCTOROFF

TRUSTEE

Board

0.5 hrs/wk

SUSAN GREEN-LORENZEN RN

SYSTEM SENIOR VP-OPERATIONS

Staff

$3.1M

2 hrs/wk

PETER SEMCZUK

SVP & EXECUTIVE DIRECTOR MOSES & WAKEFIELD CAMPUSES

Staff

$2.7M

0

ANDREW RACINE MD

SVP & CHIEF MEDICAL OFFICER

Staff

$2.1M

0

STEPHEN ROSENTHAL

SVP-NET POPULATION HEALTH MGMT

Staff

$1.4M

0

DEEPESH CHANDRA

SVP & CHIEF INFORMATION OFFICER

Staff

$970K

0

JOHN J FREDA

HOUSE STAFF

Staff

$908K

0

Independent contractors

INFOR (US) INC

SYSTEM CONVERSION

$20.9M

DELOITTE

PROFESSIONAL SERVICES

$15.8M

EPIC SYSTEMS CORPORATION

IT CONSULTING

$13.7M

MCKINSEY AND COMPANY INC

CONSULTING FEES

$8.8M

AH-RE CENTEROCK

CONSTRUCTION

$5.9M

Grants received

Showing 13 of 13

FromAmountPurposeYear
$50K
NONPROFIT MEDICAL CENTER
2023
$1K
FOR MISSION SUPPORT
2022
$8K
TECHNOLOGY AND COLLECTION DEVELOPMENT
2021
$1K
FOR MISSION SUPPORT
2021
$150K
GENERAL SUPPORT
2020
$50K
GENERAL SUPPORT
2020
$30K
COVID-19 RELIEF
2020
$20K
MONTEFIORE EINSTEING CENTER FOR CANCER CARE
2019

Funded by

$1.3M from 9 funders · 13 grants · 2019–2023

Greater New York Hospital Foundation

$692K · 1 grant · 2020

National Philanthropic Trust

$300K · 3 grants · 2021–2023

Pvh Foundation Inc

$200K · 2 grants · 2020

Purjes Foundation

$50K · 1 grant · 2023

Fosun Foundation (New York)

$30K · 1 grant · 2020

The Ullmann Family Foundation Inc

$20K · 1 grant · 2019

Details

EIN201615393
NTEE codeE19
Subsection03
Ruling date2005-07
Formed2004
Employees1001
Volunteers0
MONTEFIORE HEALTH SYSTEM INC — Mission, Financials & Grants Received | Grantivo