EIN 83-0621846

Albert Einstein College of Medicine

IRS 501(c) type
501(c)(3)
Num. employees
2,652
City
Year formed
2018
Most recent tax filings
2022-12-01
Description
Albert Einstein College of Medicine aims to advance basic science, health-related and translational research in the public interest, train ethical compassionate physicians and facilitate medical education. Serving the 3.1 million people living in the New York City region and the Hudson Valley, the College is a premier, research-intensive medical school. Biomedical research drives its growth as it has become a premier institution over the past 60 years in this region of New York City.
Total revenues
$398,736,597
2022
Total expenses
$490,704,563
2022
Total assets
$966,644,660
2022
Num. employees
2,652
2022

Program areas at Albert Einstein College of Medicine

Medical Education: Albert Einstein College of Medicine is the University Hospital for Montefiore Health serving the 3.1 million people living in the New York City region and the Hudson Valley. The College is a premier, research-intensive medical school dedicated to leading biomedical investigation and the development of ethical and compassionate physicians and scientists. In 1955, Einstein was founded as the only medical institution upon which Albert Einstein bestowed the honor of his name. Our name stake, Albert Einstein, desired that a medical school bearing his name "welcome students of all races and creedssince the inception, the College has been committed to enrolling students who are racially, ethnically and socio-economically diverse. Since than, our alumni have ranked among the nation's foremost clinicians, biomedical scientists and medical educators. Einstein strengthened its ability to thrive as a premier academic institution in 2015 by aligning with Montefiore Medicine via a joint collaboration agreement. Building upon their decades-old partnership, Einstein and Montefiore are furthering the shared core missions of research excellence, outstanding medical education and improved human health. The College M.D. program prepares tomorrow's physicians to excel in both the science and the art of medicine by combining the pursuit of scientific excellence with compassionate and humanistic care and the social mission to improve the human health through engagement in our local, national and global communities. The open and supportive community at Einstein allows for innovation and for pushing the boundaries of what is known and what is practiced. We educate our students to be catalysts for social change. Among its pioneering educational initiatives, Einstein was one of the first major medical schools to integrate bedside experience with learning, bringing first-year students into contact with patients and linking classroom study to case experience. Einstein also led the way in developing bioethics as an accepted academic discipline in medical school curricula, and was the first private medical school in New York city to establish an academic department of family medicine and was the first to create a residency program in internal medicine with an emphasis on women's health. Einstein runs one of the largest residency and fellowship training programs in the medical profession through Montefiore Medical Center and a network of affiliates that includes hospitals and medical centers in metropolitan New York. Each year, for the last decade, well over 95 percent of our students have matched to residencies, with more than a third of students going into the primary-care specialties of internal medicine, pediatrics and family medicine. Our graduates also enter research programs focusing on a broad range of subjects, from traditional disease-oriented investigations in cancer, diabetes and infectious diseases to public health and global medicine. The Ph.D. program trains promising and passionate students to become the next generation of leading scientists. The collaborative culture at Einstein is at the heart of the program. Prospective students apply directly to the Ph.D. program rather than to a specific department, allowing them to explore many areas of research before choosing from among more than 200 laboratories in which to conduct their thesis work. Our interdisciplinary graduate curriculum is known for its high level of personalized mentoring and remarkable student achievement. Einstein's extraordinary graduate experience produces independent biomedical scientists capable of carrying out significant scientific work to improve the health and well-being of humankind. Our Ph.D. program has more than 1,500 graduates employed in a wide range of scientific careers, both in academic and in nonacademic settings worldwide. The Medical Scientist Training Program (MSTP) (resulting in both M.D. and Ph.D. degrees) trains a diverse group of outstanding students as physician-scientists to become future leaders in academic medicine and medical research. Through Einstein's Global Health fellowship program, Einstein students are able to participate in clinical, public health or research experiences in developing nations to order to gain a deeper understanding of how economic and sociocultural factors influence the health of individuals and populations. These students provide much needed medical care and in the process acquire invaluable knowledge about diseases that are unique or especially prevalent in these nations. The Global Health Center boasts many initiatives worldwide, including clinical and research programs in Argentina, Brazil, Burundi, Cameroon, China, Congo, Ethiopia, Guatemala, Haiti, India, Kenya, Malawi, Mexico, Nigeria, Rwanda, South Africa, Uganda and Vietnam. The mission of the Global Health Center is to bring education, research and needed health services to the world, with the ultimate goal of reducing disparities in health and alleviating human suffering. Einstein has always had an interest in providing support for historically underrepresented students. We are committed to developing a broadly diverse cadre of clinicians, researchers and educators who can effectively promote health and address health disparities in our local community, around the nation and abroad. Our office of diversity enhancement aims to establish and maintain an environment that celebrates diversity; emphasizes professionalism and excellence; and promotes and nurtures future leaders in medicine and research. Einstein reaches out to students in the Bronx and beyond - particularly to students from underrepresented minorities - with a variety of programs designed to motivate these students in pursuing careers in Medicine, building self-confidence, advancing their leadership skills and fostering mentor relationships.
Research: While education is at the heart of Einstein's mission, it is biomedical research that drives the College of Medicine's growth. Over the past 60 years, Einstein has become a premier biomedical research institution in this region of New York City, with its scientific enterprise ranked consistently in the top 25 percent of medical schools receiving NIH funding in the last decade. Einstein is home to many NIH-funded research multidisciplinary research centers - in diabetes, intellectual and developmental disorders, aging, liver diseases, health disparities, HIV/AIDS, cardiovascular research, organ transplantation and cancer - and it also provides an extensive array of translational research cores, including tissue analysis; multiscale imaging; molecular design; and genetic and genomic, proteomic and human phenotyping. Our Strategic Plan focuses on areas where we can significantly advance science and improve human health. Our aim is to develop robust multidisciplinary research programs for adult and pediatric patients, with particular emphases in six areas: brain science; immunotherapeutics; obesity and metabolic disorders; cancer; healthcare delivery and clinical effectiveness; and RNA science and medicine. Concurrently we are advancing our Center for Experimental Therapeutics, providing researchers with resources to pursue promising experimental projects with the goal of discovering new and better therapies. Long a national leader in biomedical research support from the Federal government, Einstein received $202 million in funding from the National Institutes of Health during 2022. Much of our research is conducted in the Michael F. Price Center for Genetic and Translational Medicine/Harold and Muriel Block Research Pavilion, one of the newest, largest and "greenest" biomedical research facilities in the New York area. Einstein operates eight NIH Health & Human Services-designated centers: the Albert Einstein Cancer Center, Center for Aids research, Diabetes research center, the Harold and Muriel Block Institute for Clinical and Translational Research at Einstein and Montefiore (ICTR), Institute for Aging Research, the Marion Bessin Liver Research Center, New York Regional Center for Diabetes Translation Research, and the Rose F. Kennedy Intellectual and Developmental Disabilities Research Center. As an engine for research collaboration, the NIH-funded ICTR has been a key factor in formally alligning Einstein and Montefiore with a shared mission. The ICTR is at the leading edge in comparative effectiveness, informatics, population health and lifespan research innovation. Our investment in research has translated into improved human health. Einstein's relationship with Montefiore supports a longstanding focus on bench-to-bedside research, through which discoveries in Einstein's laboratories lead to therapies and treatments for patients on an accelerated timetable. In the last decade, Einstein researchers were the first to show that low scores on a cancer-recurrence gene test may allow breast cancer patients to skip chemotherapy. We linked a child's abnormal breathing during sleep with behavioral, emotional and relationship troubles; discovered that slow walking speed plus memory complaints are predictors of dementia; created a prototype vaccine against tuberculosis that works better in animal models than the current TB vaccine; and discovered "longevity genes" in humans. Among our many ongoing initiatives are studies of healthcare-associated infections in children in ambulatory care settings and research on HIV eradication and the use of PrEP (pre-exposure prophylaxis) to reduce the risk of contracting HIV. Einstein is currently one of just four sites nationwide taking part in a large-scale study of the health status of the Hispanic/Latino community in the Bronx, supported by the NIH.

Who funds Albert Einstein College of Medicine

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Gottesman FundGeneral Support$5,333,935
Columbia UniversityResearch$2,381,151
EGL Charitable FoundationGeneral Support$2,185,800
...and 129 more grants received totalling $25,824,055

Personnel at Albert Einstein College of Medicine

NameTitleCompensation
Philip O. OzuahChief Executive Officer and Trustee / President and Chief Executive Officer , Montefiore / Trustee$0
James GeraghtyChief Financial Officer and Assistant Vice President$211,348
Yvonne RamirezVice President, Human Resources and Title Ix Coordinator
Edward R BurnsExecutive Dean / Board Member$717,233
Deirdre BranleyExecutive Director , Communications and Public Affairs
...and 29 more key personnel

Financials for Albert Einstein College of Medicine

RevenuesFYE 12/2022
Total grants, contributions, etc.$284,282,811
Program services$105,282,516
Investment income and dividends$3,905,547
Tax-exempt bond proceeds$0
Royalty revenue$3,676,293
Net rental income$-2,424,261
Net gain from sale of non-inventory assets$-1,538,329
Net income from fundraising events$-291,728
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,843,748
Total revenues$398,736,597

Form 990s for Albert Einstein College of Medicine

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-10990View PDF
2020-122021-11-11990View PDF
2019-122021-03-01990View PDF
2018-122020-02-13990EZView PDF

Organizations like Albert Einstein College of Medicine

OrganizationLocationRevenue
Wake Forest University Health SciencesWinstonsalem, NC$1,216,917,552
Baylor University (BU)Waco, TX$1,454,111,582
Loyola University Chicago (LUC)Chicago, IL$992,738,428
Roger Williams University (RWU)Bristol, RI$231,963,642
Medical College of Wisconsin (MCW)Milwaukee, WI$1,485,866,745
Fordham UniversityBronx, NY$1,017,256,067
Wake Forest University (WFU)Winston Salem, NC$686,860,190
AMHERST COLLEGE TrusteesAmherst, MA$379,275,079
Midwestern UniversityDowners Grove, IL$518,091,233
Roosevelt UniversityChicago, IL$131,830,306
Data update history
October 2, 2024
Updated personnel
Identified 20 new personnel
August 10, 2024
Received grants
Identified 36 new grant, including a grant for $2,381,151 from Columbia University
July 18, 2024
Updated personnel
Identified 1 new personnel
July 13, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 8 new grant, including a grant for $1,150,000 from Milky Way Research Foundation
Nonprofit Types
SchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
1300 Morris Park Ave
Bronx, NY 10461
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Bronx County, NY
Website URL
einsteinmed.edu/ 
Phone
(718) 430-2000
IRS details
EIN
83-0621846
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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