Montefiore Nyack Hospital

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Montefiore Nyack Hospital Form 990, Revenue, CEO Pay, and IRS Filing Signals

Montefiore Nyack Hospital is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Montefiore Nyack Hospital in one place.

Is Montefiore Nyack Hospital Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

Across stored filings, Montefiore Nyack Hospital shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Montefiore Nyack Hospital directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Montefiore Nyack Hospital

Montefiore Nyack Hospital (EIN: 131740119) is a nonprofit organization based in Nyack, NY, classified under NTEE code E220. The organization reported total revenue of $378.1M and total assets of $309.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Montefiore Nyack Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Montefiore Nyack Hospital is a major nonprofit that has been operating for 89 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: C

In 2023, Montefiore Nyack Hospital reported a deficit of $3.9M with expenses exceeding revenue, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 67.5% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Montefiore Nyack Hospital's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.

IRS Tax-Exempt Classification

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Montefiore Nyack Hospital with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 7%
• programs: 90%
• fundraising: 3%

According to IRS 990 filings, Montefiore Nyack Hospital allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a deficit of $3.9M, with expenses exceeding revenue.
• Debt-to-asset ratio: 67.5%.

Executive Compensation Analysis

The reported 0% officer compensation across all available filings for an organization with over $300 million in annual revenue is highly unusual and suggests that executive compensation is either not reported in this section of the 990 or is managed and reported by a parent entity, impacting transparency regarding individual executive pay.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Montefiore Nyack Hospital's IRS 990 filings:

• Unclear executive compensation reporting (0% officer comp for a large hospital)
• Consistent slight operating deficits in recent years (e.g., 2023, 2022)

Strengths

The following positive indicators were identified for Montefiore Nyack Hospital:

• Significant growth in assets over the past decade, from $101M in 2014 to $293M in 2023, indicating financial stability and investment.
• Operations generally close to break-even, typical for mission-driven hospitals.
• Likely strong program spending given the nature of a hospital and the NTEE code E220 (General Hospitals).

Frequently Asked Questions about Montefiore Nyack Hospital

Filing History

IRS 990 filing history for Montefiore Nyack Hospital showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Montefiore Nyack Hospital's revenue has grown by 64.2%, moving from $212.5M to $349.0M. Total assets increased by 276.3% over the same period, from $77.9M to $293.0M. Total functional expenses rose by 70.2%, from $207.3M to $352.8M. In its most recent filing year (2023), Montefiore Nyack Hospital reported a deficit of $3.9M, with expenses exceeding revenue. The organization holds $197.7M in liabilities against $293.0M in assets (debt-to-asset ratio: 67.5%), resulting in net assets of $95.4M.

Year-by-Year Financial Summary

• 2023: Revenue of $349.0M, expenses of $352.8M, and assets of $293.0M (revenue +3.5% year-over-year).
• 2022: Revenue of $337.3M, expenses of $347.1M, and assets of $219.1M (revenue +6.1% year-over-year).
• 2021: Revenue of $317.9M, expenses of $314.0M, and assets of $214.1M (revenue -0.3% year-over-year).
• 2020: Revenue of $318.7M, expenses of $314.5M, and assets of $210.7M (revenue +6.0% year-over-year).
• 2019: Revenue of $300.6M, expenses of $289.7M, and assets of $150.4M (revenue +12.6% year-over-year).
• 2018: Revenue of $267.0M, expenses of $271.2M, and assets of $122.0M (revenue +5.8% year-over-year).
• 2017: Revenue of $252.3M, expenses of $263.0M, and assets of $106.1M (revenue +8.0% year-over-year).
• 2016: Revenue of $233.7M, expenses of $243.5M, and assets of $106.5M (revenue +2.9% year-over-year).
• 2015: Revenue of $227.0M, expenses of $228.1M, and assets of $103.9M (revenue +4.5% year-over-year).
• 2014: Revenue of $217.2M, expenses of $217.7M, and assets of $101.0M (revenue -2.3% year-over-year).
• 2013: Revenue of $222.4M, expenses of $219.2M, and assets of $76.8M (revenue +6.9% year-over-year).
• 2012: Revenue of $208.0M, expenses of $203.6M, and assets of $75.7M (revenue -2.1% year-over-year).
• 2011: Revenue of $212.5M, expenses of $207.3M, and assets of $77.9M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Montefiore Nyack Hospital:

Data Sources and Methodology

This transparency report for Montefiore Nyack Hospital is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.