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Filing year 2024

MONTEFIORE MEDICAL CENTER

Bronx, New York·EIN 13-1740114·NTEE E220 · Health Care·501(c)(3)
Total revenue
$5.9B
Total assets
$5B
Total expenses
$5.6B
Reported officers
42
Mission

MISSION: TO HEAL, TO TEACH, TO DISCOVER AND TO ADVANCE THE HEALTH OF THE COMMUNITIES WE SERVE. VISION: TO BE A PREMIER ACADEMIC MEDICAL CENTER THAT TRANSFORMS HEALTH AND ENRICHES LIVES. VALUES: HUMANITY, INNOVATION, TEAMWORK, DIVERSITY AND EQUITY - OUR VALUES DEFINE OUR PHILOSOPHY OF CARE. THEY SHAPE OUR ACTIONS AND MOTIVATE AND INSPIRE US TO PURSUE EXCELLENCE AND ACHIEVE OUR GOALS. SINCE 1884, MONTEFIORE HAS CARED FOR THE CHRONICALLY ILL AND HAS MADE IT A PRIORITY TO IMPROVE THE QUALITY OF LIFE FOR UNDERSERVED POPULATIONS. THIS FOUNDING BELIEF IS THE CORNERSTONE OF OUR MISSION, VISION AND VALUES. MONTEFIORE'S MISSION IS ROOTED IN OUR ENDURING COMMITMENT TO PROVIDE ONE STANDARD OF EXCELLENT CARE TO ALL PATIENTS REGARDLESS OF THEIR BACKGROUNDS OR ABILITY TO PAY. MONTEFIORE, THE UNIVERSITY HOSPITAL FOR ALBERT EINSTEIN COLLEGE OF MEDICINE, COMBINES NATIONALLY-RENOWNED CLINICAL AND RESEARCH EXPERTISE WITH COMPASSIONATE, PATIENT-CENTERED CARE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in New York.

Chair-surg/cardiothoracic Surg
Highest Compensated Employee
Above 90th percentile
$5M
$5.4M
Base
$4.9M
Bonus
Other
$3k
Benefits
$34k
Chair-neurological Surgery
Highest Compensated Employee
Above 90th percentile
$2.1M
$2.2M
Base
$2M
Bonus
Other
$1k
Benefits
$31k
Dir Min Invasive Robotic Surg
Highest Compensated Employee
Above 90th percentile
$1.7M
$1.9M
Base
$1.6M
Bonus
$113k
Other
Benefits
$29k
Vice Chair-cardiothoracic Surg
Highest Compensated Employee
Above 90th percentile
$1.7M
$1.9M
Base
$1.6M
Bonus
$109k
Other
$1k
Benefits
$3k
Chair-dept. of Orthopedics
Highest Compensated Employee
Above 90th percentile
$1.6M
$1.8M
Base
$1.6M
Bonus
Other
$5k
Benefits
$15k
President & CEO
10th to 25th percentile
$51k
$55k
Asst Sec.-svp & Gen Counsel
Officer (Unspecified)
$48k
$52k
Exec VP & CFO
10th to 25th percentile
$31k
$34k
System Senior Vp-operations
Key Employee
Below 10th percentile
$24k
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 33 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MONTEFIORE MEDICAL CENTER equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
0.1%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

$15k

Up 4%
from 2023

From $4.8M in 2023 to $5M in 2024.

$4.8M
2023
$5M
2024
In today's dollarsEst.
Up 1% in real terms$5.4M to $5.4M

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 4% from 2023 to 2024, while revenue rose 17%.

$4.8M in 2023 to $5M in 2024.
  • Chief Executive Officer pay rose 9% from 2023 to 2024.
  • Chief Financial Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MONTEFIORE MEDICAL CENTER

What does the Highest Compensated Employee of MONTEFIORE MEDICAL CENTER earn?

In 2024, the Highest Compensated Employee of MONTEFIORE MEDICAL CENTER received $4,995,055 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Health Care organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at MONTEFIORE MEDICAL CENTER compare with similar nonprofits?

Compared with the same role at Health Care organizations in New York, the 2024 pay of the Highest Compensated Employee at MONTEFIORE MEDICAL CENTER falls in the top 10%. In 2024, the highest total compensation at MONTEFIORE MEDICAL CENTER equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

What are MONTEFIORE MEDICAL CENTER's revenue and expenses?

In 2024, MONTEFIORE MEDICAL CENTER reported $5.9B in total revenue and $5.6B in total expenses on its IRS Form 990.

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