Montefiore Cerc Operations Inc
Donations deductibleRevenue
$5m
year to 31 December 2024
Expenses
$7.5m
year to 31 December 2024
Total assets
$15.4m
$6.2m liabilities
Net assets
$9.3m
assets less liabilities
Directors and trustees
3
6.4 years on average
Staff
115
4 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
11
named in Part VII
Montefiore Cerc Operations Inc's network
3 people6 organisationsi3 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 3 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Christopher S Panczner | Company secretary | 2018 | 8 yrs |
| Colleen Blye | Exec VP & CFO | 2024 | 2 yrs |
| Philip O Ozuah MD PhD (also filed as Philip O Ozuah MD, Philip O Ozuah MD) | President | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
11 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Anne Murphy PHD | Clinical Director | since 2018 |
| Breck Borcherding MD | Director-Intell Disabilities | since 2019 |
| Elisa Muniz MD | Pediatrician | since 2019 |
| Lisa Shulman MD | Interim Chief, Dir of Dev Med | since 2018 |
| Maria Valicenti-McDermott MD | Pediatrician | 2024 |
| Merryl Schechtman MD | Pediatrician | 2024 |
| Michele Laverdiere MD | House Staff Pediatrics | 2018 |
| Oscar Purugganan MD | Pediatrician | since 2020 |
| Romina Barros MD | Cerc Administration | since 2018 |
| Theodore Kastner MD | Director, CERC | 2018 |
| Yun-Kuang Lai MD | Pediatric Specialist | 2022 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Elisa Muniz MD | Pediatrician | 30 | $187k | $62k | $56k |
| Lisa Shulman MD | Interim Chief, Dir of Dev Med | 30 | $187k | $62k | $52k |
| Merryl Schechtman MD | Pediatrician | 30 | $162k | $54k | $48k |
| Maria Valicenti-McDermott MD | Pediatrician | 30 | $150k | $50k | $51k |
| Anne Murphy PhD | Clinical Director | 30 | $146k | $49k | $18k |
| Christopher S Panczner | Secretary | 0.5 | $0 | $1.9m | $48k |
| Colleen Blye | Exec VP & CFO | 0.5 | $0 | $4.2m | $31k |
| Philip O Ozuah MD | President | 0.5 | $0 | $16.6m | $51k |
About
- Legal name
- Montefiore Cerc Operations Inc
- EIN
- 474853506
- Address
- 555 South Broadway Bldg A FL 1, Tarrytown, NY, 10591-6301
- State
- New York
- Mission
- To improve the quality of life of persons with developmental disabilities and their families as part of the montefiore's mission to heal, to teach, to discover and to advance the health of the communities we serve. (as filed on the Form 990)
- Activity (NTEE)
- E30 Health care
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Health Care
- Size band
- 8 (IRS master file code)
- Formed
- 2015
- IRS ruling date
- 1 April 2018
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2024
- IRS Publication 78
- PC (contributions deductible)
- Principal officer
- Christopher Panczner (Form 990-N, tax year 2015)
Most connected
Related organisations (Schedule R)
RelatedREAL ESTATEMMC CorporationRelatedACAD MED CTRMontefiore Medical CenterRelatedSTAFF HOUSINGMMC Residential Corp I IncRelatedSTAFF HOUSINGMontefiore Hospital Housing Sect Iiinc
Longest observed on the filings
≥8years on the filingsChristopher S Panczner
≥8years on the filingsPhilip O Ozuah MD PhD
≥2years on the filingsColleen Blye
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $15.4m
- Total liabilities
- $6.2m
- Net assets or fund balances
- $9.3m
- Contributions and grants received
- $0
- Program service revenue
- $4.7m
- Employees
- 115
- Volunteers
- 4
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $5m | $7.5m | Deficit $2.5m |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Montefiore Cerc Operations, Inc. likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: New York Department of State, active corporations (data.ny.gov n9v6-gdp6). Licence: New York open data terms of use. Data last fetched 18 October 2026.
- State
- New York
- Entity type
- Domestic Not-For-Profit Corporation
- Status
- Active
- Formed
- 18 August 2015
- Registered agent
- Not stated