Montefiore Einstein
Legal name: Montefiore Einstein Inc
Nonprofit profile at a glance
- EIN
- 471582973
- IRS 990 coverage
- 2016–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2015
- Location
- Tarrytown, NY, USA
- Phone
- 9143498455
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $40,277,878
- Expenses
- $41,331,263
- Assets
- $17,028,104
- Liabilities
- $17,515,675
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- PHILIP O OZUAH MD PHD (PRESIDENT & CEO)
Highest reported compensation
- PHILIP O OZUAH MD PHD (PRESIDENT & CEO): $16,690,037 total reported compensation
- COLLEEN BLYE (EXEC VP & CFO): $4,280,008 total reported compensation
- CHRISTOPHER S PANCZNER (ASSISTANT 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 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.
What it reported doing in 2024
Montefiore einstein, inc. Is the organizational parent of the montefiore health system and albert einstein college of medicine, exemplifying the next step in transformative care, science and education. Montefiore einstein operates exclusively for the charitable, educational and scientific purposes of promoting, facilitating and enhancing the delivery of quality, efficient, effective and economical health care and related services to, and improving and enhancing the general health and well being of, the communities served by the montefiore health system.
Operating model
- Revenue model
- Other-operating. 100% 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 - The filed numbers largely add up and most voting board members are independent. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 100
- Accountability: 83
- Sustainability: 14
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.5%; rating input score 65
- Program expense ratio: 62.9%; rating input score 63
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 85.7%; rating input score 86; 19th 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: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2.6%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 1.03; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 71%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 5.1% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 11.4% per year; rating input score 100; 70th percentile among comparable filings
Details
- What they do: 2 operating locations identified
- Where the money goes: 64.5% of revenue deployed · 62.9% of spending went to programs
- Governance: 6 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $26M in reported program spending
- Leadership: top reported pay $16.7M · 14 people listed · 6 of 6 pay-setting controls reported
- Consistency: 20 of 20 current checks pass
- Schedules: 6 filed schedules · includes executive pay and related organizations
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 59 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 — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.