Montefiore Nyack Hospital Foundation Inc

Organization Overview

Montefiore Nyack Hospital Foundation Inc is located in Nyack, NY. The organization was established in 1985. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Montefiore Nyack Hospital Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montefiore Nyack Hospital Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Montefiore Nyack Hospital Foundation Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $564.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BUILD ENDURING COMMUNITY RELATIONSHIPS THAT PROMOTE AND FINANCIALLY SUPPORT MONTERFIORE NYACK'S COMPREHENSIVE STATE-OF-THE-ART MEDICAL CARE AND EXCEPTIONAL PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MONTEFIORE NYACK FOUNDATION IS THE FUNDRAISING ARM OF THE HOSPITAL. ESTABLISHED IN 1985, THE FOUNDATION IS DEDICATED TO BUILDING MEANINGFUL RELATIONSHIPS BETWEEN HOSPITAL AND THE COMMUNITY, WHILE ALSO SEEKING PHILANTHROPIC DOLLARS TO HELP MONTEFIORE NYACK HOSPITAL ACHIEVE AND MAINTAIN THE HIGHEST LEVEL OF CARE FOR THE PATIENTS AND COMMUNITY MEMBERS WHO COUNT ON US AS THEIR COMMUNITY HOSPITAL. BECAUSE OF COMMUNITY SUPPORT, WE WERE ABLE TO PROVIDE STATE-OF-THE-ART MEDICAL CARE, EXCEPTIONAL PROGRAMS AND OUTSTANDING PATIENT EXPERIENCES. OUR COMMUNITY SUPPORT ENSURES THAT OUR HEALTHCARE TEAM STAYS ON THE LEADING EDGE OF TREATMENT AND TECHNOLOGY, PROVIDING THE BEST OF CARE, CLOSE TO HOME.


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Board, Officers & Key Employees

Name (title)Compensation
Tracie D Mclee
Exec Director
$152,517
Mark Geller MD
President & CEO
$0
Mark Jacobs
Chair
$0
Frank Borelli Jr
Vice Chair
$0
Cynthia Branca
Secretary
$0
John S Burke
Treasurer/cfo
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,200,628
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$318,510
Noncash contributions included in lines 1a–1f $9,842
Total Revenue from Contributions, Gifts, Grants & Similar$1,519,138
Total Program Service Revenue$0
Investment income $49
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$177,615
Net Income from Gaming Activities $19,275
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,360,847

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Montefiore Nyack Hospital Foundation Inc has recieved totaling $106,375.

Awarding OrganizationAmount
National Council For Community Development Inc

Brooklyn, NY

PURPOSE: OPERATING SUPPORT

$25,000
Bernard And Anne Spitzer Charitable Tr

New York, NY

PURPOSE: GENERAL PURPOSE

$25,000
White Plains Hospital Medical Center

White Plains, NY

PURPOSE: Sponsorship

$20,000
Montefiore Medical Center

Bronx, NY

PURPOSE: SPONSORSHIP

$15,000
Fjc

New York, NY

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$6,825
St Lukes Cornwall Hospital

Newburgh, NY

PURPOSE: sponsorship

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$200,000
Ending Balance$200,000

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