Maimonides Medical Center-

The information for Maimonides Medical Center is as of the organization's most recent filing in December 2020. This organization is located in Brooklyn, NY. It has been in existence for 71 years, following its founding in 1949.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Maimonides Medical Center's NTEE code is E22. The "E" tells us that the organization is classified under Health Care. The "22" tells us that the organization is a General Hospital. The NTEE describes General Hospitals as health care facilities that offer diagnostic and treatment services, as well as emergency and critical care services for people who have illnesses or injuries. Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(3) organization, which is described by the IRS as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Program Areas

Program Area 1: Inpatient services are reported within the general fund and further described in Schedule O.

Program Area 2: Emergency services are further described in Schedule O and fall within the purview of this program area.

Program Area 3: Maternity services are further described in Schedule O and encompass all associated revenues, support, and functional expenses.

Organization Staffing

Maimonides Medical Center is run by Kenneth D Gibbs, who is the President & CEO. The organization has 7,194 employees, of whom just over 2 thousand are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are more than 1,100 volunteers.

Board Governance

Maimonides Medical Center is an impressively well-governed non-profit organization. It has 28 voting members, of which 26 are independent, meaning they are free from potential conflicts of interest. The organization has not delegated management to an outside firm, and board and committee meetings are documented. Furthermore, it has a conflict of interest policy, requires disclosure of conflicts, and has a written whistleblower policy and document retention policy. It also substantiates and reviews leadership and officer salaries, and provides copies of the 990 to the board prior to filing. All of these steps help ensure that the organization is being run in a responsible and transparent manner.

Grant History

Our dataset has seven years of grant history for Maimonides Medical Center. In that time, they have awarded 143 grants, with an average check size of $20,579. All of these grants were awarded in the Health Care sector, and all were awarded in the state of New York. On average, the organization awards 20 grants each year.

Organization Growth

Maimonides Medical Center has seen significant growth over the past six years. Contributions and grants received, program service revenue, investment income, other revenue and total revenue have all increased from 2014 to 2020. Employee salaries and total expenses have also increased over this time period. Additionally, total employees have increased from 6.9K in 2014 to 7.2K in 2020. Unfortunately, total volunteers have decreased from 1.9K in 2014 to 1.1K in 2020. Overall, Maimonides Medical Center has seen growth in most areas over the past six years.