The Don Monti Memorial Research Foundation Inc

EIN: 237250667 501(c)(3)

Jericho, NY

Total Revenue
$443,937
Total Expenses
$482,835
Total Assets
$111,025
Net Assets
$97,889
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NY
Principal Officer
Caroline Monti Saladino
Phone
5169420300
Tax Period
2024-07-01 to 2025-06-30

The Don Monti Memorial Research Foundation Inc, founded in 1972, is a small nonprofit that reported $444K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

Cancer Research treatment and patient care at North Shore University hospital along with funding of research at the Cold Spring Harbor Laboratory.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $342,764
Program Service Revenue $0
Investment Income $34
Other Revenue $101,139
TOTAL REVENUE $443,937

Expense Breakdown

Grants Paid $300,000
Salaries & Benefits $89,077
Fundraising Expenses $0
Program Expenses $482,835
Other Expenses $93,758
TOTAL EXPENSES $482,835

Year-over-Year Comparison

2024 2023 Change
Revenue $443,937 $509,606 -0.1%
Expenses $482,835 $400,697 +0.2%
Net Income $-38,898 $108,909 -1.4%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
1
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
63
$89,077
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Caroline Monti Saladino President 10.00
Officer Director
$0 $0 $0
Richard D Monti Co Chairman of the board 2.50
Officer Director
$0 $0 $0
Arthur J Saladino Co Chairman of the board 5.00
Officer Director
$0 $0 $0
Danielle Faria Executive Vice President 5.00
Director
$0 $0 $0
Anna Gevinski Executive Vice President 40.00
Director
$89,077 $0 $89,077
Matt Degiamo Executive Vice President 0.00
Director
$0 $0 $0
Michelle Robert Fitzsimmons Executive Vice Presidents 0.00
Director
$0 $0 $0
Joan Steinberg Advisory Board 0.00
Director
$0 $0 $0
Bruce Stillman PhD Advisory Board 0.00
Officer Director
$0 $0 $0
Pat Travaglianti Executive Vice President 0.00
Director
$0 $0 $0
James D Watson PhD Advisory Board 0.00
Director
$0 $0 $0
Michael G Norman CPA Treasurer 0.00
Officer Director
$0 $0 $0
Joseph A Faria Esq Executive Vice President 0.00
Director
$0 $0 $0
Nadya Swedan MD Advisory Board 0.00
Director
$0 $0 $0
Vincent Vinciguerra MD Advisory Board 0.00
Director
$0 $0 $0
Sylvia Robert Aiello Board Of Directors 0.00
Director
$0 $0 $0
Donna Frank Andrea Board Of Directors 0.00
Director
$0 $0 $0
Christine David Boccia Board Of Directors 0.00
Director
$0 $0 $0
Melanie Robert Cassandro Board Of Directors 0.00
Director
$0 $0 $0
Ruthee-Lu Bayer Advisory Board 0.00
Director
$0 $0 $0
Howard Margaret Cuomo Maier MD Advisory Board 0.00
Director
$0 $0 $0
Debora David Feinblatt Board Of Directors 0.00
Director
$0 $0 $0
Christine Fiore Board Of Directors 0.00
Director
$0 $0 $0
Fran and Alan Gorman DDS Board Of Directors 0.00
Director
$0 $0 $0
Joann Alex Hatsis MD Board Of Directors 0.00
Director
$0 $0 $0
Donald Monti Board Of Directors 0.00
Director
$0 $0 $0
Jane Norman Advisory Board 0.00
Director
$0 $0 $0
Karen Orzel Board Of Directors 0.00
Director
$0 $0 $0
Joseph Saladino Executive Vice President 0.00
Director
$0 $0 $0
Don Saladino Executive Vice President 0.00
Director
$0 $0 $0
Anthony Scotto Board Of Directors 0.00
Director
$0 $0 $0
Lori Robert Soviero Board Of Directors 0.00
Director
$0 $0 $0
Donna Monti Trinko Board Of Directors 0.00
Director
$0 $0 $0
David Bernstein Advisory Board 0.00
Director
$0 $0 $0
Stuart Hayim Board Of Directors 0.00
Director
$0 $0 $0
Erin Monti Board Of Directors 0.00
Director
$0 $0 $0
Sara Saladino Executive Vice President 0.00
Director
$0 $0 $0
Melissa Saladino Executive Vice President 0.00
Director
$0 $0 $0
Joan Healy Advisory Board 0.00
Director
$0 $0 $0
Williamm Healy III Advisory Board 0.00
Director
$0 $0 $0
Gwen John Cooleen Board Of Directors 0.00
Director
$0 $0 $0
Caroline B Derby Board Of Directors 0.00
Director
$0 $0 $0
Joe Gregory Board Of Directors 0.00
Director
$0 $0 $0
Carmella and Jack Kelly Board Of Directors 0.00
Director
$0 $0 $0
Madelyn and Carl Lombardi Board Of Directors 0.00
Director
$0 $0 $0
Scott Paternoster Board Of Directors 0.00
Director
$0 $0 $0
Wally Szczerbiak Board Of Directors 0.00
Director
$0 $0 $0
Stephen Gevinski Executive Vice President 0.00
Director
$0 $0 $0
Ginny Erol Kitt Board Of Directors 0.00
Director
$0 $0 $0
Melissa Nick Leopard Board Of Directors 0.00
Director
$0 $0 $0
Sue and Sean McAuley Board Of Directors 0.00
Director
$0 $0 $0
Provi Panarisi Board Of Directors 0.00
Director
$0 $0 $0
Amy and Edward Travaglianti Board Of Directors 0.00
Director
$0 $0 $0
Craig DeVoe MD Advisory Board 0.00
Director
$0 $0 $0
Richard Barakat MD Advisory Board 0.00
Director
$0 $0 $0
Brernadette Strianese Borg Board Of Directors 0.00
Director
$0 $0 $0
Jerry Segura Board Of Directors 0.00
Director
$0 $0 $0
Karen Vito Board Of Directors 0.00
Director
$0 $0 $0
Chris Vito Board Of Directors 0.00
Director
$0 $0 $0
Michele Gregory Board Of Directors 0.00
Director
$0 $0 $0
Sharon and Robert Minnot Board Of Directors 0.00
Director
$0 $0 $0
David Borg Board Of Directors 0.00
Director
$0 $0 $0
Dan and Valerie Martin Board Of Directors 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $443,937 $482,835 $111,025 $-38,898
2024 No data No data No data No data
2023 $440,249 $517,081 $51,346 $-76,832
2022 $620,124 $540,951 $125,221 $79,173
2021 $345,605 $397,849 $46,048 $-52,244
2020 $568,925 $572,627 $118,102 $-3,702
2019 $612,390 $552,983 $101,994 $59,407
2018 $812,552 $786,609 $42,587 $25,943
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