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Nonprofiteer
← WHITE PLAINS MEDICAL CENTER

Form 990 for tax year 2024

Filed by WHITE PLAINS MEDICAL CENTER.

Totals

Total revenue
$1,226,390,676
Total expenses
$1,020,586,383
Contributions and grants received
$75,620,503
Grants paid
$471,700
Program service revenue
$1,132,772,878
Investment income
$9,016,656
Other revenue
$8,980,639
Total assets, end of year
$2,471,203,920
Total liabilities, end of year
$1,306,715,889
Net assets or fund balances, end of year
$1,164,488,031
Program services expenses (Part IX)
$952,116,242
Management and general expenses
$65,962,504
Fundraising expenses
$2,507,637
Program service expenses (Part III)
$952,116,242

Program services were 93.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $409,003

  • 1c · Fundraising events

    $1,624,363

  • 1e · Government grants (contributions)

    $32,960,429

  • 1f · All other contributions, gifts and grants

    $40,626,708

  • 1g · Noncash contributions included above

    $4,106,395

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $1,126,525,083 · related or exempt $1,126,525,083

  • 2b · Program service revenue: OTHER HEALTHCARE RELATED SERVICES

    total $6,247,795 · related or exempt $5,750,186 · unrelated business $497,609

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $8,650,939 · excluded $8,650,939

  • 6a · Gross rents

    real property $489,140

  • 6b · Less rental expenses

    real property $510,820

  • 6c · Rental income or loss

    real property -$21,680 · personal property $0

  • 6d · Net rental income or loss

    total -$21,680 · excluded -$21,680

  • 7a · Gross sales of assets other than inventory

    securities $365,717

  • 7c · Gain or loss

    securities $365,717 · other assets $0

  • 7d · Net gain or loss

    total $365,717 · excluded $365,717

  • 8a · Fundraising events: gross income

    $87,511

  • 8a · Fundraising events: contributions included on line 1c

    $1,624,363

  • 8b · Fundraising events: direct expenses

    $506,196

  • 8c · Net income from fundraising events

    total -$418,685 · excluded -$418,685

  • 10a · Gross sales of inventory

    $133,069

  • 10b · Cost of goods sold

    $42,277

  • 10c · Net income from sales of inventory

    total $90,792 · excluded $90,792

  • 11a · Other revenue: INTERCOMPANY MANAGEMENT FEES

    total $5,615,224 · excluded $5,615,224

  • 11b · Other revenue: CAFETERIA AND VENDING INCOME

    total $2,029,926 · excluded $2,029,926

  • 11c · Other revenue: PARKING INCOME

    total $1,685,062 · excluded $1,685,062

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $9,330,212

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $471,700 · program services $471,700

  • 5 · Compensation of officers, directors and key employees

    total $13,183,531 · management and general $13,183,531

  • 7 · Other salaries and wages

    total $367,796,517 · program services $350,028,628 · management and general $16,118,814 · fundraising $1,649,075

  • 8 · Pension plan contributions

    total $38,951,279 · program services $33,339,347 · management and general $5,425,138 · fundraising $186,794

  • 9 · Other employee benefits

    total $63,081,762 · program services $60,368,437 · management and general $2,713,325

  • 10 · Payroll taxes

    total $40,815,704 · program services $33,286,277 · management and general $7,342,930 · fundraising $186,497

  • 11a · Fees: management

    total $4,271,455 · program services $4,266,274 · fundraising $5,181

  • 11b · Fees: legal

    total $2,462,660 · program services $2,462,660

  • 11c · Fees: accounting

    total $888,551 · management and general $888,551

  • 11f · Fees: investment management

    total $1,295,109 · management and general $1,295,109

  • 11g · Fees: other

    total $37,999,969 · program services $32,236,159 · management and general $5,587,870 · fundraising $175,940

  • 12 · Advertising and promotion

    total $6,782,333 · program services $32,695 · management and general $6,607,526 · fundraising $142,112

  • 13 · Office expenses

    total $32,037,134 · program services $30,047,025 · management and general $1,893,091 · fundraising $97,018

  • 14 · Information technology

    total $12,167,121 · program services $11,103,154 · management and general $1,002,637 · fundraising $61,330

  • 16 · Occupancy

    total $25,398,384 · program services $24,965,073 · management and general $433,311

  • 17 · Travel

    total $180,766 · program services $149,426 · management and general $31,340

  • 19 · Conferences, conventions and meetings

    total $276,236 · program services $167,099 · management and general $109,048 · fundraising $89

  • 20 · Interest

    total $8,632,820 · program services $8,632,820

  • 22 · Depreciation, depletion and amortization

    total $60,044,689 · program services $60,044,689

  • 23 · Insurance

    total $25,100,418 · program services $25,100,418

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $236,049,886 · program services $233,677,809 · management and general $2,372,077

  • 24b · Other expenses: SHARED SERVICES

    total $22,408,245 · program services $22,084,274 · management and general $323,971

  • 24c · Other expenses: BILLING AND COLLECTION

    total $9,272,586 · program services $9,272,586

  • 24d · Other expenses: OTHER TAXES

    total $4,244,659 · program services $4,244,659

  • 24e · All other expenses

    total $6,772,869 · program services $6,135,033 · management and general $634,235 · fundraising $3,601

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,050 · end of year $2,050

  • 2 · Savings and temporary cash investments

    beginning of year $60,668,818 · end of year $28,536,570

  • 3 · Pledges and grants receivable

    beginning of year $9,695,585 · end of year $24,474,596

  • 4 · Accounts receivable

    beginning of year $107,700,597 · end of year $112,012,135

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $38,102 · end of year $51,477

  • 8 · Inventories for sale or use

    beginning of year $23,878,306 · end of year $26,210,726

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,625,082 · end of year $1,527,343

  • 10a · Land, buildings and equipment: cost or other basis

    $1,245,341,126

  • 10b · Land, buildings and equipment: accumulated depreciation

    $409,385,788

  • 10c · Land, buildings and equipment, net

    beginning of year $778,154,725 · end of year $835,955,338

  • 11 · Investments: publicly traded securities

    beginning of year $172,530,877 · end of year $877,373,396

  • 12 · Investments: other securities

    beginning of year $100,259,943 · end of year $15,467,112

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $43,760,961 · end of year $43,760,961

  • 15 · Other assets

    beginning of year $421,794,844 · end of year $505,832,216

  • 17 · Accounts payable and accrued expenses

    beginning of year $207,303,909 · end of year $212,463,094

  • 20 · Tax-exempt bond liabilities

    end of year $535,918,484

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $30,201,461 · end of year $5,242,515

  • 24 · Unsecured notes and loans payable

    beginning of year $4,500,000 · end of year $3,600,000

  • 25 · Other liabilities

    beginning of year $519,043,584 · end of year $549,491,796

  • 27 · Net assets without donor restrictions

    beginning of year $927,243,397 · end of year $1,100,273,761

  • 28 · Net assets with donor restrictions

    beginning of year $31,817,539 · end of year $64,214,270

Mission and programs · 2024

Mission

WHITE PLAINS HOSPITAL (WPH) IS A VOLUNTARY, NOT-FOR-PROFIT HEALTH CARE ORGANIZATION WITH THE PRIMARY MISSION OF OFFERING HIGH QUALITY, ACUTE HEALTH CARE AND PREVENTIVE MEDICAL CARE TO ALL PEOPLE WHO LIVE IN, WORK IN, OR VISIT WESTCHESTER COUNTY AND ITS SURROUNDING AREAS. THESE EXCEPTIONAL SERVICES WILL BE DELIVERED IN A CARING AND COMPASSIONATE MANNER, FOCUSING ON MEETING THE NEEDS OF THE COMMUNITY. WPH'S MISSION EXTENDS BEYOND INPATIENT AND OUTPATIENT CARE TO INCLUDE ASSESSING AND IMPROVING THE HEALTH STATUS OF THE LOCAL COMMUNITY, THE PROFESSIONAL COMMUNITY AND THE BUSINESS SECTOR. THE HOSPITAL WILL STRIVE TO ENHANCE ITS CAPABILITIES AND TO DELIVER HEALTH CARE SERVICES, WITHIN THE SCOPE OF ITS RESOURCES, IN A COST-EFFECTIVE MANNER. WPH BELIEVES SUCCESS IS ASSURED BY THE DEDICATION OF THE PEOPLE WHO MAKE UP THE SUPPORTING CONSTITUENCIES: EMPLOYEES, PHYSICIANS, LICENSED HEALTH CARE PROFESSIONALS, VOLUNTEERS, INDIVIDUAL SUPPORTERS, BUSINESSES AND CIVIC ORGANIZATION.

Activities or mission (Part I)

TO OFFER HIGH QUALITY, ACUTE HEALTH CARE AND PREVENTIVE MEDICAL CARE TO ALL PEOPLE WHO LIVE IN, WORK IN, OR VISIT WESTCHESTER COUNTY AND ITS SURROUNDING AREAS.

  • Tertiary Hub of Advanced Care in the Hudson Valley White Plains Hospital Center ("The Hospital") serves as the tertiary hub of advanced care in the Hudson Valley for the Montefiore Health System. The Hospital is a 292-bed not-for-profit healthcare organization with the primary mission of providing exceptional care to the residents of Westchester County and its surrounding areas. The Hospital is fully accredited by The Joint Commission and, in 2024, received its third consecutive 5-star quality rating from the Centers for Medicare & Medicaid Services (CMS), the highest rating given by that federal agency. This high level of care and services is provided without regard to race, color, creed, national origin, age, sexual orientation or ability to pay. The Hospital is the largest employer in Westchester County, with more than 5,300 employees across the organization. In 2024 we hired nearly 1,300 new employees and recruited 300 new registered nurses to support our continued growth. Hospital Expansion In 2024, the Hospital received approval to increase its licensed beds to 436 from 292. This expansion, opening in 2028, will be home to 240 new inpatient rooms, a dedicated operating room floor with capacity for 10 additional state-of-the-art operating rooms, equipped with the latest technology to support the increasingly complex care the Hospital continues to deliver, and an expanded Emergency Department that will be larger than the size of a football field. The Hospital provides acute inpatient and emergency care as well as a comprehensive array of outpatient services. Key clinical milestones include the robust growth of our structural heart program - performing over 150 TAVR procedures in its first year- and of our neurosciences program, adding new treatments such as endovascular coiling to address brain aneurysms. Additional centers of excellence include oncology and orthopedics. Care Transitions: From Hospital to Home In 2024, the WPH Cares Transitional Care Program continued to drive hospital-wide improvements through a high-volume, high-touch model focused on timely outreach and care coordination post-procedure or hospital discharge. WPH Cares also actively collaborates with community organizations such as the Department of Social Services, Visiting Nurse Services, local pharmacies, and paramedicine teams to help build trust and improve access to care. Throughout the year, WPH Cares engaged with patients through 90,989 encounters. Our Virtual Acute Clinic-designed not only to rapidly triage patients within 24 hours but also to provide tailored clinical care at home, as well as alternative treatment plans, and early discharge support-managed 2,108 referrals, significantly expanding system capacity and offering safe, effective alternatives to hospitalization. These combined efforts led to the prevention of approximately 1,223 ED revisits. What continues to distinguish WPH Cares is its consistent ability to reach patients across diverse care settings with exceptionally high contact rates, including GI (up to 86%), Ambulatory Surgery (up to 89%), and Inpatient (up to 87%). WPH Cares played a critical role in supporting these reductions by ensuring consistent follow-up, education, and care plan adherence during the highest-risk period following discharge. WPH Cares remains a cornerstone of our commitment to reducing avoidable utilization, improving outcomes, and connecting patients to the right care at the right time. Awards and Accreditations In 2024, White Plains Hospital was recognized with various awards and accreditations, including: * Awarded for the third consecutive year a five-star quality rating from the Centers for Medicare & Medicaid Services (CMS), the highest distinction offered by the federal agency. * Recognized as a "best hospital for pulmonary" for the first time by U.S. News & World Report and "best regional hospital" for the sixth consecutive year - the highest ranking among all hospitals in Westchester and the Hudson Valley. * Recognized as a "World's Best Hospital" by Newsweek for a second consecutive year. * Named by Fortune as one of the "Great Places to Work" for the third consecutive year, and as a "Best Workplaces in New York" in healthcare for the second straight year. * Awarded the Outstanding Patient Experience Award and the Patient Safety Excellence Award from HealthGrades. * Received its 11th consecutive "A" Hospital Safety Grade from national nonprofit watchdog The Leapfrog Group. * Received recognition from the American Heart Association by its "Get with the Guidelines- Heart Failure," "Get with the Guidelines-Stroke "Mission: Lifeline STEMI Receiving" programs. * Achieved the Metabolic and Bariatric Surgery Quality Improvement Program accreditation by the American College of Surgeons (ACS) and the American Society for Metabolic and Bariatric Surgery. * Holds the Nurses Improving Care for Healthsystem Elders (NICHE) "Exemplar" designation, the highest-level recognition for a hospital's commitment to providing exceptional care for older adults and for dedication to superior outcomes in geriatric care. * Recognized by the Association of Critical Care Nurses (AACN) with its Beacon Award for Excellence. * Named one of the country's Best Hospitals in Money's national rankings - one of just 75 in the nation, and one of only five in New York State - to receive that designation. * Continued to earn The Joint Commission's Gold Seal of Approval in recognition of its commitment to the safety of patients, effectiveness of the treatment provided, and the environment of care. * The Hospital's Emergency Department was recognized by the Emergency Nurses Association for its nursing excellence (three-year award, 2023-2026), specifically for performance in leadership, practice, education, advocacy and research. * Magnet-Accredited Hospital White Plains Hospital is deeply committed to the wellbeing of its community. We offer a variety of educational programs focused on prevention and overall health, including community lectures, essential health screenings, and educational events. For several years, the Hospital has received a grant from the College of American Pathologists (CAP Foundation) to host the "See, Test & Treat," an initiative that delivers free cancer screenings and health education to women in underserved communities, bringing the power of diagnostic medicine directly to those who need it most. The program offers uninsured and underinsured women a comprehensive suite of services, all completed in a single day. The participants receive pelvic exams, Pap tests, screening mammograms, connection to follow-up care, and educational materials. In 2024 alone, this program provided 69 women with free breast and cervical cancer screenings, significantly contributing to early detection and preventative health in our community. Beyond See, Test & Treat, our commitment to community health includes our Annual Neighborhood Health Fair. This event provides free health screenings, such as asthma assessments, dental, blood pressure, speech, diabetes, cholesterol and education to a wider audience; last year, it successfully served over 175 community members. Throughout the year, the Hospital conducted 38 in-person and virtual lectures to local corporations, community and faith-based organizations, on a variety of health topics including Mind, Heart, and Body Connection; Brain Health, Reducing Your Risk for Cancer; and Stroke 101: Signs, Symptoms & Prevention. In addition, the Hospital actively participated in numerous community health fairs and outreach events hosted by local organizations. At these events, we provided a range of valuable healthcare services such as blood pressure checks, BMI screenings, fall risk prevention education, cancer screenings, and information on free health programs offered by the Hospital and within the broader community.

    Expenses $952,116,242 · Grants $471,700 · Revenue $1,132,275,269

As filed on the 2024 return.

Listed in Part VII

  • Ann Edwards

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • J Michael Divney

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Jennifer Gruenberg

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Jonathan Spitalny

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Michael J Palumbo MD

    EVP-CHIEF MED OFFICER/TRUSTEE

    Total calculated
    $2,146,532
    From this org
    $1,910,528
    From related orgs
    $0
    Other
    $236,004
    Hours/week
    48 + 2 related

    Schedule J breakdown matched by us

    Base
    $1,119,891
    Bonus
    $550,000
    Other
    $240,637
    Deferred
    $216,000
    Nontaxable benefits
    $20,004
    Filer's total
    $2,146,532

  • Peter M Fishbein

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Steven Baruch

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Susan Fox

    PRESIDENT & CEO

    Total calculated
    $5,186,504
    From this org
    $4,564,561
    From related orgs
    $0
    Other
    $621,943
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,989,287
    Bonus
    $1,900,000
    Other
    $675,274
    Deferred
    $589,500
    Nontaxable benefits
    $32,443
    Filer's total
    $5,186,504

  • William Null

    CO-CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Aleida M Frederico

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Alejandro Cruz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Andrew Herz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Andrew Suzman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Brian Ruder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Carl Austin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Carol Lowenthal

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Christopher S Panczner

    TRUSTEE

    Total calculated
    $1,966,237
    From this org
    $0
    From related orgs
    $1,918,564
    Other
    $47,673
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $951,566 related
    Bonus
    $0 + $277,093 related
    Other
    $0 + $689,905 related
    Deferred
    $0 + $17,000 related
    Nontaxable benefits
    $0 + $30,673 related
    Filer's total
    $0 + $1,966,237 related

  • Claudia Felberg MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gary Matthews

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Geralyn Della Cava

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Howard Berk

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • James M Butler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 3.3 related

  • Jk Rasamny

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Jureller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Sganga

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joshua Caspi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Julia Peskoe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Winterroll

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Keith Kennerly

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Laurence R Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Lucy Schmolka

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nancy Clarvit

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Nettie Webb EdD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Peter Lehrer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Philip O Ozuah MD PhD

    TRUSTEE

    Total calculated
    $16,690,037
    From this org
    $0
    From related orgs
    $16,639,270
    Other
    $50,767
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $5,348,892 related
    Bonus
    $0 + $7,087,500 related
    Other
    $0 + $4,202,878 related
    Deferred
    $0 + $17,000 related
    Nontaxable benefits
    $0 + $33,767 related
    Filer's total
    $0 + $16,690,037 related

  • Ramki Desiraju

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Richard Mast

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Robert Tucker

    TRUSTEE (RESIGNED 8/12/2024)

    Total calculated
    $0
    Hours/week
    1

  • Scott Eichel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Scott Kleinman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Stephen Karotkin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Steven M Silver

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Victoria Bruni

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Joseph Guarracino

    EVP - CAO/CFO

    Total calculated
    $2,727,396
    From this org
    $2,368,009
    From related orgs
    $0
    Other
    $359,387
    Hours/week
    49 + 1 related

    Schedule J breakdown matched by us

    Base
    $1,468,676
    Bonus
    $675,000
    Other
    $224,333
    Deferred
    $331,500
    Nontaxable benefits
    $27,887
    Filer's total
    $2,727,396

  • Frances P Bordoni

    SVP-AMB & PHYSICIAN SERV.

    Total calculated
    $2,022,388
    From this org
    $1,790,436
    From related orgs
    $0
    Other
    $231,952
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,145,771
    Bonus
    $550,000
    Other
    $94,665
    Deferred
    $207,000
    Nontaxable benefits
    $24,952
    Filer's total
    $2,022,388

  • Leigh Anne McMahon

    EVP-PATIENT CARE SERV. & CNO

    Total calculated
    $2,128,370
    From this org
    $1,912,593
    From related orgs
    $0
    Other
    $215,777
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,185,502
    Bonus
    $550,000
    Other
    $177,091
    Deferred
    $214,500
    Nontaxable benefits
    $1,277
    Filer's total
    $2,128,370

  • Andrew M Casden MD

    ORTHOPEDIC SURGEON

    Total calculated
    $1,938,102
    From this org
    $1,867,255
    From related orgs
    $0
    Other
    $70,847
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,863,445
    Bonus
    $0
    Other
    $3,810
    Deferred
    $34,500
    Nontaxable benefits
    $36,347
    Filer's total
    $1,938,102

  • Athena G Kaporis MD

    PHYSICIAN - DERMATOLOGY

    Total calculated
    $2,462,262
    From this org
    $2,378,988
    From related orgs
    $0
    Other
    $83,274
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $975,752
    Bonus
    $1,401,946
    Other
    $1,290
    Deferred
    $34,500
    Nontaxable benefits
    $48,774
    Filer's total
    $2,462,262

  • Kaushik M Das MD

    PHYSICIAN - NEUROLOGY

    Total calculated
    $1,841,929
    From this org
    $1,758,316
    From related orgs
    $0
    Other
    $83,613
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,757,026
    Bonus
    $0
    Other
    $1,290
    Deferred
    $34,500
    Nontaxable benefits
    $49,113
    Filer's total
    $1,841,929

  • Michael A Gott MD

    ORTHOPEDIC SURGEON

    Total calculated
    $1,830,439
    From this org
    $1,745,448
    From related orgs
    $0
    Other
    $84,991
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $1,185,971
    Bonus
    $559,177
    Other
    $300
    Deferred
    $34,500
    Nontaxable benefits
    $50,491
    Filer's total
    $1,830,439

  • Rafael Ortiz

    EXECUTIVE DIRECTOR-NEUROSCIENCES

    Total calculated
    $2,699,748
    From this org
    $2,631,951
    From related orgs
    $0
    Other
    $67,797
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $2,191,501
    Bonus
    $440,000
    Other
    $450
    Deferred
    $34,500
    Nontaxable benefits
    $33,297
    Filer's total
    $2,699,748

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Discretionary spending account
  • 1b · Written policy on the line-1a expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Discretionary spending account
THE ORGANIZATION PROVIDES SENIOR LEVEL EXECUTIVES WITH A $7,200 AUTOMOBILE ALLOWANCE. THIS ALLOWANCE WAS INCLUDED IN THEIR TAXABLE INCOME AND COLUMN B(III) OF PART II.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE OFFICERS AND A KEY EMPLOYEE EMPLOYED BY THE ORGANIZATION PARTICIPATED IN A SUPPLEMENTAL RETIREMENT PLAN INITIATED BY THE ORGANIZATION IN 2017. CONTRIBUTIONS ARE MADE BASED ON A PREDEFINED PERCENTAGE OF THE EXECUTIVE'S BASE SALARY THAT BECOMES VESTED AFTER THREE YEARS. CONTRIBUTIONS TO THE SUPPLEMENTAL RETIREMENT PLAN FUNDED BY THE ORGANIZATION DURING 2024: SUSAN FOX - $555,000; MICHAEL J. PALUMBO, M.D. - $181,500; JOSEPH GUARRACINO - $297,000; LEIGH ANNE MCMAHON - $181,500; FRANCES BORDONI - $172,500. THE PLAN ALSO MADE DISTRIBUTIONS IN 2024 FOR PRIOR YEARS CONTRIBUTIONS THAT BECAME VESTED IN 2024: SUSAN FOX - $445,777; MICHAEL J. PALUMBO, M.D.- $147,229; JOSEPH GUARRACINO - $206,361; LEIGH ANNE MCMAHON - $141,838; FRANCES BORDONI - $86,454. TWO BOARD MEMBERS EMPLOYED BY MONTEFIORE EINSTEIN, INC. PARTICIPATED IN A DEFINED BENEFITS SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PROVIDED BY THE MONTEFIORE HEALTH SYSTEM. IN A MANNER DESIGNED TO QUALIFY FOR THE "REBUTTABLE PRESUMPTION OF REASONABLENESS" THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES EXPRESSLY REVIEWED AND APPROVED ALL COMPENSATION AND BENEFITS ARRANGEMENTS, INCLUDING THESE RETIREMENT BENEFIT ARRANGEMENTS FOR SENIOR EXECUTIVES, IN A MANNER THAT QUALIFIED UNDER THE INTERMEDIATE SANCTIONS RULES OF THE FEDERAL TAX LAW, AND IN RECOGNITION OF (A) THE EXECUTIVES' YEARS OF SERVICE TO THE ORGANIZATION AND (B) THE SIGNIFICANT CONTRIBUTIONS TO ENHANCING THE ABILITY OF THE ORGANIZATION TO ACHIEVE ITS CHARITABLE MISSION IN A MANNER CONSISTENT WITH FINANCIAL SOLVENCY. ACCORDINGLY, THIS BENEFIT SHOULD BE VIEWED AS APPLYING TO YEARS OF SERVICE FOR THE ORGANIZATION. POOLED SUPPLEMENTAL EXECUTIVE RETIREMENT DISTRIBUTION BASED ON MULTIPLE YEARS OF SERVICE: PHILIP OZUAH, M.D., PH.D. - $757,098; CHRISTOPHER PANCZNER - $667,198. THE HEALTH SYSTEM ALSO FUNDS A SECOND DEFINED CONTRIBUTION SERP PLAN. A BOARD MEMBER OF THE ORGANIZATION CURRENTLY PARTICIPATE IN THIS PLAN. CONTRIBUTIONS ARE AT A FIXED PERCENTAGE OF BASE SALARY OR TOTAL CASH COMPENSATION (BASE SALARY PLUS ANNUAL INCENTIVE AWARD). A NOTIONAL BALANCE IS DEVELOPED FOR EACH PARTICIPANT THAT IS THE TOTAL OF CONTRIBUTIONS LESS DISTRIBUTIONS (INTEREST IS NOT ACCRUED). ON JANUARY 1 FOLLOWING THE THIRD, SIXTH AND NINTH ANNIVERSARIES OF EACH PARTICIPANTS' PARTICIPATION DATE, 50% OF THE REMAINING SERP ACCOUNT BECOMES VESTED AND IS PAID OUT IF THE PARTICIPANT IS EMPLOYED ON THAT DATE. ON JANUARY 1 FOLLOWING THE TWELFTH ANNIVERSARY OF EACH PARTICIPANT'S PARTICIPATION DATE, THE REMAINDER OF THE SERP ACCOUNT BECOMES FULLY VESTED AND IS PAID OUT. IF A PARTICIPANT REACHES AGE 65 BEFORE THEIR TWELFTH ANNIVERSARY OF THEIR PARTICIPATION DATE, THEIR SERP ACCOUNT BALANCE WILL BECOME FULLY VESTED ON THE LATER OF THE FIRST OF THE MONTH FOLLOWING THEIR 65TH BIRTHDAY OR THE THIRD ANNIVERSARY OF THEIR PARTICIPATION DATE. SERP ACCOUNT BALANCES WILL ALSO BECOME FULLY VESTED UPON THE EARLIEST OF DEATH OR DISABILITY WHILE EMPLOYED BY MONTEFIORE, INVOLUNTARY TERMINATION WITHOUT CAUSE OR IF MONTEFIORE CHOOSES TO TERMINATE THE PLAN. THERE WAS ONE DISTRIBUTION PAID OUT AS TAXABLE INCOME RELATED TO THE NONQUALIFYING DEFINED CONTRIBUTION SERP PLAN: PHILIP O. OZUAH, M.D., PH.D. - $3,307,500 BASED ON MULTIPLE YEARS OF SERVICE (SEE ABOVE FOR VESTING).
Schedule J, Part I, Line 7 Non-fixed payments
PART OF THE INCENTIVE PAYMENTS PAID BY THE ORGANIZATION TO INDIVIDUALS REPORTED IN PART VII, SECTION A. WAS BASED ON THE INDIVIDUAL'S JOB PERFORMANCE AND ACCOMPLISHMENTS AS DETERMINED BY EITHER THE COMPENSATION BOARD OR MANAGEMENT DISCRETION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 11 EAST POST ROAD LLC

    REAL ESTATE · NY · income $0 · assets $0

    Directly controlled by WPHMC

  • EAST POST ROAD VENTURES I LLC

    HOLDING COMP · DE · income $0 · assets $1,449,999

    Directly controlled by WPHMC

  • 34 EPR LLC

    HOLDING COMP · NY · income $0 · assets $98,612

    Directly controlled by WPHMC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • UNIVERSITY BEHAVIORAL ASSOCIATES INC

    C Corporation · MGMT SERVICES · NY · controlled entity

    Directly controlled by NA

  • THE MONTEFIORE IPA INC

    C Corporation · INTEG PROVR ASSOC · NY · controlled entity

    Directly controlled by NA

  • MMC GI HOLDINGS EAST INC

    C Corporation · HOLDING COMPANY · NY · controlled entity

    Directly controlled by NA

  • MMC GI HOLDINGS WEST INC

    C Corporation · HOLDING COMPANY · NY · controlled entity

    Directly controlled by NA

  • MONTEFIORE BEHAVIORAL CARE IPA NO 1 INC

    C Corporation · INTEG PROVR ASSOC · NY · controlled entity

    Directly controlled by NA

  • BRONX ACCOUNTABLE CARE NETWORK IPA INC

    C Corporation · INTEG PROVR ASSOC · NY · controlled entity

    Directly controlled by NA

  • MONTEFIORE CONSOLIDATED VENTURES INC

    C Corporation · HOLDING COMPANY · NY · controlled entity

    Directly controlled by NA

  • MONTEFIORE INSURANCE COMPANY INC

    C Corporation · INACTIVE · NY · controlled entity

    Directly controlled by NA

  • HUDSON VALLEY IPA INC

    C Corporation · INTEG PROVR ASSOC · NY · controlled entity

    Directly controlled by NA

  • MONTEFIORE INNOVATIONS INC

    C Corporation · HOLDING COMPANY · NY · controlled entity

    Directly controlled by NA

  • HIGHLAND MEDICAL PC

    C Corporation · HEALTHCARE SERV. · NY · controlled entity

    Directly controlled by NA

  • WHITE PLAINS MEDICAL DIAGNOSTIC SVCS PC

    C Corporation · HEALTHCARE SERV · NY · controlled entity

    Directly controlled by NA

  • CANCER AND BLOOD MEDICAL SERV OF NY PC

    C Corporation · HEALTHCARE SERV. · NY · controlled entity

    Directly controlled by NA

  • DAVIS AVENUE CORP

    C Corporation · PROPERTY HOLDING · NY · controlled entity

    Directly controlled by NA

  • WHITE PLAINS MANAGEMENT CO INc

    C Corporation · PROPERTY HOLDING · NY · controlled entity

    Directly controlled by NA

  • WPHC BUILDING CORP

    C Corporation · PROPERTY HOLDING · NY · controlled entity

    Directly controlled by NA

  • WHITE PLAINS MEDICAL SERVICES PC

    C Corporation · HEALTHCARE SERV · NY · controlled entity

    Directly controlled by NA

  • WHITE PLAINS PHYSICIAN SERVICES PC

    C Corporation · HEALTHCARE SERV. · NY · controlled entity

    Directly controlled by NA

  • CHARITABLE REMAINDER TRUST (4)

    Trust · CHAR REMR TRUST · NY · controlled entity

    Directly controlled by NA

  • CRHT ACQUISITION INC

    C Corporation · HOLDING COMPANY · NY · controlled entity

    Directly controlled by NA

  • QUANTUM BIOTHERAPEUTICS LLC

    INACTIVE · NY · controlled entity

    Directly controlled by NA

  • WHITE PLAINS PHYSICIAN MEDICAL SERV PC

    C Corporation · INACTIVE · NY · controlled entity

    Directly controlled by NA

  • EAST POST ROAD MEDICAL SERVICES PC

    C Corporation · HEALTHCARE SERV. · NY · controlled entity

    Directly controlled by NA

  • EAST POST ROAD PHYSICIAN SERV PC

    C Corporation · INACTIVE · NY · controlled entity

    Directly controlled by NA

  • DAVIS AVENUE MEDICAL SERVICES PC

    C Corporation · INACTIVE · NY · controlled entity

    Directly controlled by NA

  • WPH HOLDINGS INC

    C Corporation · HOLDING COMPANY · NY · controlled entity

    Directly controlled by NA

  • INNOVATOR ACQUISITION CORP

    C Corporation · HOLDING COMPANY · NY · controlled entity

    Directly controlled by NA

  • PY DEVELOPMENT CORP

    C Corporation · REIT · NY · controlled entity

    Directly controlled by NA

  • SPECIALTY SURGEONS OF CONNECTICUT PC

    C Corporation · HEALTHCARE SERV. · CT · controlled entity

    Directly controlled by NA

  • CMO THE CARE MANAGEMENT COMPANY LLC

    C Corporation · CARE MANAGMENT · NY · controlled entity

    Directly controlled by NA

  • Hudson River Medical Practice PLLC

    C Corporation · HEALTHCARE SERV. · NY · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.1
Source object
202543179349312359

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