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New York · Nonprofit

Montefiore New Rochelle Hospital

Montefiore New Rochelle Hospital (New York) receives grants from 8 organizations whose IRS filings report $5,050,673 to it, the largest being NOTEMAN MEMORIAL FUND TRUST ($4,951,450). 4 of them have funded it in more than one year.

Revenue FY2024
$181M
Funders on record
8
Grants received
$5.1M
Net assets
$-121509442
4/8 repeat funderspeak grant-dependency 0%
01What it does

What Montefiore New Rochelle Hospital does

Mission

Mission: to heal, to teach, to discover and to advance the health of the communities we serve. 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.

As stated on its FY2024 Form 990.

Programs

  1. Patient care the skilled and caring staff at Montefiore New Rochelle Hospital are dedicated to serving the diverse medical needs of residents in southern westchester. Our community-based hospital is committed to providing exceptional care and is focused on providing the best possible outcome for each patient. To advance the quality of care in the community, we have invested in the latest technology, grown with local needs and ensured that we are well equipped to foster better health for years to come. Our dedicated physicians, nurses and caregivers work where they live. We are neighbors caring for neighbors and are grateful for the opportunity to improve health in the community. Montefiore new rochelle offers a number of leading-edge services and programs that have earned distinction by state and national organizations for achieving and maintaining the highest quality of care within the specialty, including: comprehensive bariatric surgery program accredited by mbsaqip, the metabolic and bariatric surgery accreditation and quality improvement program, recipient of the gold seal of approval from the joint commission as a certified center in both hip and knee joint replacement, a…

    $188,661,921 spent$148,550,254 earned by the program
    89% of program spending
  2. Medical and nursing education the department of medicine at new rochelle hospital offers training programs for residents and students that reflects a deep institutional and departmental commitment to medical education in a supportive community-based environment that provides a full spectrum of care to a diverse patient population. Montefiore is the university hospital for albert einstein college of medicine, one of the nation's premier institutions for medical education, basic research and clinical investigations. This strong alignment enables montefiore to advance clinical and translational research results more rapidly to the bedside and the medical community, and educate the next generation of physicians, healthcare leaders and investigators. Montefiore school of nursing is on the forefront of nursing education. Our vision is excellence in nursing education. Located in mount vernon, new york, the school is a private two-year program leading to an associate in science degree. Our nursing program provides the foundation for our nursing students committed to excellence to prepare embark on a career that provides many professional challenges while laying the foundation for further…

    $22,543,869 spent$11,779,769 earned by the program
    11% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $211,205,790.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($174M) Expenses 100 ($183M)2018 Revenue 108 ($188M) Expenses 95 ($174M)2019 Revenue 112 ($195M) Expenses 105 ($192M)2020 Revenue 120 ($208M) Expenses 105 ($192M)2021 Revenue 112 ($194M) Expenses 104 ($192M)2022 Revenue 109 ($190M) Expenses 110 ($203M)2023 Revenue 97 ($168M) Expenses 114 ($209M)2024 Revenue 104 ($181M) Expenses 122 ($223M)
'17'18'19'20'21'22'23'24
Revenue (104)Expenses (122)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $151M to $124M (−18%).

$107M
$116M
$140M
$151M
$124M
$129M
$120M
$132M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 14% · 2018 19% · 2019 17% · 2020 30% · 2021 17% · 2022 14% · 2023 2% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.

6% of Montefiore New Rochelle Hospital’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$9.4M
’17
$14M
’18
$2.8M
’19
$16M
’20
$2.5M
’21
−$13M
’22
−$41M
’23
−$42M
’24
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Philip O Ozuah Md Phd

President & CEO

Board chair

James M Butler

Chairman

As listed on its FY2024 Form 990.

2017201820192020202120222024
Listed59585453524743
Joined·+3+3+5+1+2·
No longer listed·47627·
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $0 → $762k.

1 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Montefiore New Rochelle Hospital’s funders (the co-funder graph). Top 6 of 8 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Montefiore New Rochelle Hospital leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 99% · 2021 98% · 2022 96% · 2023 97% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Montefiore New Rochelle Hospital draws 100% of its grant income from funders outside New York, across 3 states in all.

MA
PA
NJ

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $17k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Montefiore New Rochelle Hospital's funding base is broadening — from 1 funders to 4 as grant income climbed.

Operating margin−23% · bottom quartile
Months of reserve0.3mo · below the median
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Government funding Montefiore New Rochelle Hospital receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $496k on record.

Federal$496k
grants $496kcontracts $0
20
21
22
Top agencies
  • Department of Education$496k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Montefiore New Rochelle Hospital

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

33
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 58 related entities

  • Mmc Corporation · exempt
  • Montefiore Medical Center · exempt
  • Mmc Residential Corp I Inc · exempt
  • Montefiore Hospital Housing Sect Iiinc · exempt
  • Mosholu Preservation Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Montefiore New Rochelle Hospital: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Montefiore New Rochelle Hospital?
Montefiore New Rochelle Hospital (New York) receives grants from 8 organizations whose IRS filings report $5,050,673 to it, the largest being NOTEMAN MEMORIAL FUND TRUST ($4,951,450). 4 of them have funded it in more than one year.
How many funders does Montefiore New Rochelle Hospital have?
IRS filings report 8 organizations giving $5,050,673 in grants to Montefiore New Rochelle Hospital, 4 of which have funded it in more than one year.
Who is the largest funder of Montefiore New Rochelle Hospital?
NOTEMAN MEMORIAL FUND TRUST is the largest funder on record, with $4,951,450 in grants. The full list of funders is on this page.
How can an organization like Montefiore New Rochelle Hospital find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 8 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing