EIN 20-1615393

Montefiore Health System (MHS)

IRS 501(c) type
501(c)(3)
Num. employees
934
Year formed
2004
Most recent tax filings
2022-12-01
Description
We focus on the health care needs of communities and families, and with our Albert Einstein College of Medicine, are bringing you the benefits of generations of academic and research excellence through our coordinated and compassionate care.
Total revenues
$381,942,085
2022
Total expenses
$411,045,343
2022
Total assets
$840,185,224
2022
Num. employees
934
2022

Program areas at MHS

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.
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.
Montefiore HMO, LLC ("MHMO"), a New York limited liability company, is a disregarded entity of 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 certain health and social services, including Care Management, home healthcare, consumer-directed personal care, nursing services, rehabilitation, dental and other personal services. In 2022, Montefiore HMO managed 16,893 member months of contracted long term care.

Who funds Montefiore Health System (MHS)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustHealth$100,000

Personnel at MHS

NameTitleCompensation
Jeffrey MenkesPresident and Chief Executive Officer - Burke / Sys Senior Vice President - Sys Network Management$1,122,318
Philip O OzuahPresident and Chief Executive Officer / Executive Vice President and Chief Operating Officer$0
Colleen BlyeExecutive Vice President and Chief Financial Officer$0
John WolfSenior Vice President and Chief Information Officer / Senior Vice President - Mit$873,495
Andrew RacineSenior Vice President and Chief Medical Officer / Sen Vice President and Chief Medical Officer$2,191,069
...and 8 more key personnel

Financials for MHS

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,426,566
Program services$376,970,136
Investment income and dividends$2,498,668
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$46,715
Total revenues$381,942,085

Form 990s for MHS

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-10990View PDF
2020-122021-11-13990View PDF
2019-122021-03-01990View PDF
2018-122020-02-18990View PDF
...and 12 more Form 990s

Organizations like MHS

OrganizationLocationRevenue
Norton HealthcareLouisville, KY$569,215,201
Legacy HealthPortland, OR$256,443,961
Carilion ServicesRoanoke, VA$379,747,521
Ochsner Health SystemNew Orleans, LA$198,462,330
BMC Health SystemBoston, MA$234,822,561
Saint Peters Health Partners (SPHP)Albany, NY$181,072,539
Renown HealthReno, NV$120,033,191
Southern Illinois Healthcare (SIH)Carbondale, IL$664,786,468
Penn State HealthHershey, PA$601,230,428
Johns Hopkins Health System Corporation (JHHS)Baltimore, MD$732,690,126
Data update history
January 22, 2024
Updated personnel
Identified 3 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Used new vendors
Identified 3 new vendors, including , , and
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
MembershipsReceives government fundingTax deductible donationsAccepts online donations
General information
Address
555 S Broadway Bldg A FL 1
Tarrytown, NY 10591
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Westchester County, NY
Website URL
montefiorehealthsystem.org/ 
Phone
(800) 636-6683
Facebook page
montefioremedicalcenter 
Twitter profile
@montefiorenyc 
IRS details
EIN
20-1615393
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E21: Community Health Systems
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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