Montefiore CERC Operations Inc

Nonprofit profile at a glance

EIN
474853506
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Tarrytown, NY, USA
Phone
9143498455
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Official website

Reported finances

Revenue
$4,986,869
Expenses
$7,477,920
Assets
$15,435,440
Liabilities
$6,163,248

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • PHILIP O OZUAH MD (PRESIDENT)

Highest reported compensation

  • PHILIP O OZUAH MD (PRESIDENT): $16,690,037 total reported compensation
  • COLLEEN BLYE (EXEC VP & CFO): $4,280,008 total reported compensation
  • CHRISTOPHER S PANCZNER (SECRETARY): $1,966,237 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To improve the quality of life of persons with developmental disabilities and their families as part of the montefiore's mission to heal, to teach, to discover and to advance the health of the communities we serve.

What it reported doing in 2024

Montefiore cerc operations, inc., an affiliate of the montefiore health system, is an interdisciplinary service program for children and adults with intellectual and developmental disabilities including autism, cerebral palsy, neuromuscular disorders, behavioral problems and cognitive and learning problems and a premier ambulatory center providing services across the lifespan to all families in need. The center is staffed by highly trained and competent specialists who coordinate comprehensive care through both interdisciplinary and specialized programs. Across our spectrum of clinical services, we take a trauma-informed approach to integrated care, including behavioral, mental and dental health. Using multidisciplinary teams to evaluate and treat the individual and support the family, we have become a model program. Our exemplary programs include evaluation and diagnostic services, dental care and rehabilitative services offered by physical therapists, occupational therapists and speech therapists. It is also part of our mission to build the capacity of people with developmental disabilities to live full lives and effect system changes. We improve health not only through holistic care, but also by addressing social determinants of health via community outreach and advocacy.

Operating model

Revenue model
Other-operating. 94% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 67
  • Accountability: 32
  • Sustainability: 25
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -50%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 2.06; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.4; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 15.9%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 10.3% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: -2.6% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 0 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $7.5M in reported program spending
  • Leadership: top reported pay $16.7M · 8 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 57 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.