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Montefiore Health System
Philip O Ozuah MD PhD, President & CEO. Fiscal year ending 2024-12.
Form 990 Part VII, columns D+E+F
Schedule H Part I line 7a
Most of the reported compensation ($16,639,270 of $16,690,037) came from a related organization (Part VII column E) and was reported on this filing.
§1The filing
- Total revenue
- $6,200,170,717
- Total expenses
- $5,957,790,954
- Net assets
- −$236,196,490
- Employees
- 25,087
- Hospitals covered
- 3 facilities across 3 filings
- Charity care, net
- $62,299,973
- Bad debt
- $14,343,513
- Medicare surplus (shortfall), as filed
- ($69,545,211)
- CEO pay from the organization (Part VII col. D)
- $0
- From related organizations (col. E)
- $16,639,270
- Other compensation, including deferred pay and nontaxable benefits (col. F)
- $50,767
- CEO total compensation (D+E+F)
- $16,690,037 to Philip O Ozuah MD PhD
Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.
Source: Form 990, Montefiore Health System, EIN 13-1740114, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title.
§2Community benefit versus charity care
The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($14.3M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.
§3Filings in this system
| Filing entity | EIN | FY end | Revenue | Charity care | % of expenses | Filing |
|---|---|---|---|---|---|---|
| Montefiore Medical Center | 13-1740114 | 2024-12 | $5.9B | $58.4M | 1.02% | 990 |
| Montefiore New Rochelle Hospital | 46-2931956 | 2024-12 | $180.7M | $3.3M | 1.47% | 990 |
| Montefiore Mount Vernon Hospital | 46-2916938 | 2024-12 | $111.5M | $567,178 | 0.49% | 990 |
Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.
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