2017-11-10T16:15:11-06:00 2016-12-31 ERNST & YOUNG US LLP 5 TIMES SQUARE NEW YORK NY 10036 990 2016-01-01 133246249 HSS Properties Corporation % MARC GOULD HSSP 2126061000 535 EAST 70TH STREET NEW YORK NY 10021 MARC GOULD SVP & CAO 2126061000 2017-11-10 Laura Kielczewski P00740769 2127739017 108.206.163.59 26308520173145000055 2017-11-10 P 8C5A9CE1427A7F1268734C0C5995320DAA3D2F98 582F47EFACDD6166E52205D1FBFEA2601660FA18 2016 2017-02-10 21:41:12Z LOUIS SHAPIRO 535 EAST 70TH STREET NEW YORK NY 10021 54773624 false X N/A X 1984 NY ACQUIRE, HOLD AND OPERATE CERTAIN REAL ESTATE TO BE USED BY ITS TAX-EXEMPT AFFILIATED ENTITY, THE HOSPITAL FOR SPECIAL SURGERY. 45 41 9 48 0 0 0 0 43469205 48652352 383555 143388 -6484 24161 43846276 48819901 0 0 0 0 1076893 1115415 0 0 0 37177667 42111849 38254560 43227264 5591716 5592637 104062919 134348701 47828238 72282470 56234681 62066231 ACQUIRE, HOLD AND OPERATE CERTAIN REAL ESTATE TO BE USED BY ITS TAX-EXEMPT AFFILIATED ENTITY, THE HOSPITAL FOR SPECIAL SURGERY. false false 42547570 0 48658308 ACQUIRE, HOLD AND OPERATE CERTAIN REAL ESTATE TO BE USED BY ITS TAX-EXEMPT AFFILIATED ENTITY, THE HOSPITAL FOR SPECIAL SURGERY. HSS PROPERTIES CORPORATION MAY PROVIDE FUNDS FROM ITS OPERATIONS TO THE HOSPITAL FOR SPECIAL SURGERY AND OTHER CHARITABLE HEALTH RELATED ORGANIZATIONS. 42547570 true false false false false false false false false false true false false true true false true true false false false false false false false false false false false true false false false false false false false false false false false false false true true false false false true 45 41 9 true false false false false false false false false false false X 45 41 false false false false true true false true true false false true true true true true true true true false NY X MARC GOULD 2126061323 535 EAST 70TH STREET New York NY 10021 Steven Haas - Start CY16' Member/Attending Physician 0.2 12.41 X 0 123380 41550 Bryan Kelly Member/Attending Physician 0.2 20.2 X 0 115968 48195 Linda Russell - Left CY16' Member/ Attending Physician 0.2 49.61 X 0 562190 62239 Thomas Sculco Member/ Attending Physician 0.2 12.89 X 0 70109 40383 Russell Warren - Left CY16' Member/ Attending Physician 0.2 7.52 X 0 75877 37367 Philip Wilson Jr- Left CY16' Member/ Attending Physician 0.2 14.51 X 0 48870 14258 James M Benson Member 0.02 0.41 X 0 0 0 Daniel C Benton Member 0.03 0.63 X 0 0 0 Herbert Black Member 0.02 0.41 X 0 0 0 Michael Brooks Member 0.1 1.95 X 0 0 0 Kathryn Chenault Member 0.04 0.84 X 0 0 0 Charles Coleman III Member 0.06 1.07 X 0 0 0 Leslie Cornfeld Member 0.07 1.4 X 0 0 0 Cynthia Foster Curry Member 0.14 2.74 X 0 0 0 Barrie M Damson Member 0.11 2.03 X 0 0 0 James G Dinan Member 0.12 2.27 X 0 0 0 Anne Ehrenkranz Member 0.16 2.95 X 0 0 0 Michael Esposito Vice Chair 0.32 6.15 X X 0 0 0 Marina Kellen French Member 0.04 0.66 X 0 0 0 Craig Ivey Member 0.06 1.08 X 0 0 0 Winfield P Jones Member 0.03 0.48 X 0 0 0 Warren Kanders Member 0.03 0.52 X 0 0 0 Monica Keany Member 0.22 4.25 X 0 0 0 Thomas J Kelly Member 0.14 2.72 X 0 0 0 David H Koch Member 0.13 2.5 X 0 0 0 Laurie Hodges Lapeyre Member 0.11 2.17 X 0 0 0 Pablo Legorreta Member 0.06 1.1 X 0 0 0 Lara Lerner Member 0.02 0.41 X 0 0 0 Kathy Leventhal Member 0.1 1.97 X 0 0 0 Marylin B Levitt Member 0.17 3.21 X 0 0 0 Thomas Lister Vice Chair 0.29 5.47 X X 0 0 0 Alan S MacDonald Member 0.11 2.11 X 0 0 0 David M Madden Member - Left CY16' 0.0 0.09 X 0 0 0 Richard L Menschel Chairman, Emeritus 0.33 6.35 X X 0 0 0 Mary Kathryn Navab Member - Start CY16' 0.01 0.16 X 0 0 0 Dean R O'Hare Chairman, Emeritus 0.31 5.85 X X 0 0 0 Terrence O'Toole Member - Start CY16' 0.03 0.49 X 0 0 0 Aldo Papone Chairman, Emeritus 0.32 6.09 X X 0 0 0 Gordon Pattee Member 0.03 0.48 X 0 0 0 Steven Rattner Member - Start CY16' 0.02 0.41 X 0 0 0 Susan W Rose Member 0.04 0.74 X 0 0 0 Jonathan Sobel Member 0.24 4.56 X 0 0 0 Deirdre Stanley Vice Chair 0.34 6.54 X X 0 0 0 Robert K Steel Member 0.17 3.24 X 0 0 0 Patricia Warner Member 0.33 6.26 X 0 0 0 Sanford I Weill Member 0.02 0.41 X 0 0 0 Kendrick R Wilson III Chair 0.88 16.62 X X 0 0 0 Ellen M Wright Member 0.19 3.69 X 0 0 0 Louis A Shapiro President & CEO 3.0 57.0 X X 142688 2711063 69189 Lisa Goldstein Executive VP & COO 6.0 54.0 X 136847 1231622 57148 Stacey Malakoff Executive VP & CFO 7.2 52.8 X 183305 1344239 57224 Irene Koch Exec VP & Chief Legal Officer 6.0 54.0 X 68664 617966 57680 531504 6901284 485233 3 false true false MICHAEL ANTHONY CONTRACTING 161 RAILROAD AVENUE GARDEN CITY PARK NY 11040 CONSTRUCTION 2634298 SKYLINE RESTORATION INC 11-20 37TH AVENUE LONG ISLAND CITY NY 11101 CONSTRUCTION 1590414 CROTHALL HEALTHCARE INC 1500 LIBERTY RIDGE DRIVE SUITE 210 WAYNE PA 19087 HOUSEKEEPING 210256 MERRITT ENGINEERING CONSULTANT 28-08 BAYSIDE LANE BAYSIDE NY 11358 ENGINEER CONSULTING 200180 SPECIALTY MANAGEMENT COMPANY PO BOX 68 GLEN RIDGE NJ 07028 CONSULTING 177600 10 0 OFFICE/STAFF APT RENTAL 531110 43492970 43492970 OFFICE/STAFF APT PARKING 812930 3949273 3949273 HOTEL RENTAL 531110 1210109 1210109 48652352 138420 138420 0 0 889586 871381 18205 0 18205 18205 5087310 5082342 4968 4968 4968 0 0 0 0 0 0 0 0 0 LAUNDRY INCOME 812300 5956 5956 5956 48819901 48658308 161593 0 0 0 0 553313 553313 0 391297 391297 0 98445 98445 72360 30683 41677 0 17884 17884 62059 62059 0 0 0 1462936 1462936 0 46289 46289 0 0 32262877 32262877 65 65 0 0 527734 527734 0 2564387 2564387 0 INTERCOMP PURCHASED SERVICES 2602758 2602758 LICENSES AND TAXES 1740099 1738499 1600 REPAIR AND MAINTENANCE 781813 781813 MISCELLANEOUS EXPENSES 42948 39852 3096 43227264 42547570 679694 0 1306942 3549988 0 0 0 0 3716653 5708081 0 0 0 0 0 0 0 0 2305011 3174604 138932702 59374099 77024974 79558603 11339838 11902722 2529957 3343217 0 0 0 0 5839544 27111486 104062919 134348701 13176838 20098065 0 0 0 0 0 0 0 0 0 0 28647594 23141779 0 0 6003806 29042626 47828238 72282470 X 56234681 62066231 0 0 0 0 56234681 62066231 104062919 134348701 5592637 238913 X false true X true false X X 1 HOSPITAL FOR SPECIAL SURGERY 131624135 3 true 0 0 1 0 0 true false false false false false false false false false false false false false false true Part I, Line 11g (A), column v, vi HSS Properties Corporation (Properties), a controlled subsidiary of The Hospital for Special Surgery Fund, Inc, is a not-for-profit corporation organized under the Not-for-Profit Corporation Law of the State of New York for the purpose of managing and operating real estate for the New York Society for the Relief of the Ruptured and Crippled, Maintaining the Hospital for Special Surgery (the Hospital). 46449391 46449391 85840775 57115857 28724918 2464687 2258242 206445 0 4177849 0 4177849 79558603 TENANT SECURITY DEPOSITS 333201 DUE TO AFFILIATES - NET 211516 TENANT IMPROVEMENT RECEIVABLE 15353439 LEASEHOLD INCENTIVE RECEIVABLE 11213330 27111486 0 TENANT SECURITY DEPOSITS 333201 LEASEHOLD INCENTIVE - LONG TERM 16494640 TENANT IMPROVEMENT PAYABLE 12214785 29042626 49691282 49691282 -871381 -871381 48819901 44098645 871381 871381 43227264 43227264 PART XI, LINE 4B & PART XII, LINE 2D - OTHER "REV/EXP RECONCILIATION" RENTAL EXPENSES - $871,381 X X X X false false false false true false true false false Steven Haas - Start CY16' Member/Attending Physician 122962 0 418 0 11700 0 29850 0 164930 0 0 Bryan Kelly Member/Attending Physician 115013 0 955 0 11700 0 36495 0 164163 0 0 Linda Russell - Left CY16' Member/ Attending Physician 271122 112500 178568 0 23850 0 38389 0 624429 0 0 Louis A Shapiro President & CEO 59124 1123349 81689 1552083 1875 35631 994 18881 2466 46848 146148 2776792 0 0 Lisa Goldstein Executive VP & COO 80031 720277 53540 481856 3276 29489 2385 21465 3330 29968 142562 1283055 0 0 Stacey Malakoff Executive VP & CFO 112881 827791 66692 489078 3732 27370 2862 20988 4005 29369 190172 1394596 0 0 Irene Koch Exec VP & Chief Legal Officer 48771 438941 19785 178062 108 963 1988 17888 3779 34025 74431 669879 0 0 SCHEDULE J, PART I, LINE 5B Certain Employed Physicians listed on Part VII, Section A, Line 1A receive compensation in part, based on professional service generated from services they personally performed in their individual practices. In 2016, no Physician was paid compensation contingent upon the organization's overall revenue or net earnings. SCHEDULE J, PART I, LINE 6B Performance based incentive awards are paid to officers and key employees based on a number of important quality, satisfaction, efficiency, and financial measures, of which achieving budget is a factor. FORM 990, PART VI, SECTION A - LINE 6 & 7A - "MEMBERSHIP" HSS PROPERTIES CORPORATION IS A MEMBERSHIP CORPORATION WITH THE HOSPITAL FOR SPECIAL SURGERY FUND, INC, AS ITS SOLE MEMBER. THE HOSPITAL FOR SPECIAL SURGERY FUND, INC., AS THE MEMBER OF HSS PROPERTIES CORPORATION, ELECTS THE BOARD OF TRUSTEES OF HSS PROPERTIES CORPORATION. FORM 990, PART VI, SECTION B - LINE 11B, "REVIEW PROCESS" PRIOR TO SUBMITTING THE FORM 990 TO THE INTERNAL REVENUE SERVICE (IRS), THERE IS AN ESTABLISHED PROCESS FOR REVIEW OF THE DOCUMENT IN ITS ENTIRETY BY THE GOVERNING BODY WHOSE EVALUATIONS ARE MADE IN THE BEST INTEREST OF HSS PROPERTIES CORPORATION. THE FORM 990 IS FIRST REVIEWED WITH THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE REVIEWED FORM 990 IS THEN SUBMITTED TO THE FULL BOARD OF TRUSTEES. THE TRUSTEES ARE PROVIDED A COPY OF THE FORM 990 VIA COMPACT DISC PRIOR TO SUBMISSION OF THE FORM. IN ADDITION, SIGNIFICANT AREAS OF FORM 990 ARE DISCUSSED AT A BOARD OF TRUSTEES MEETING. FORM 990, PART VI, SECTION B - LINE 12C, "CONFLICT OF INTEREST POLICY" ON AN ANNUAL BASIS, FINANCIAL INTEREST DISCLOSURE STATEMENTS ARE SENT TO ALL BOARD MEMBERS, OFFICERS, AND MANAGEMENT. OUR CONFLICT OF INTEREST POLICY ALSO REQUIRES THAT ANY CHANGES BE COMMUNICATED TO THE OFFICE OF CORPORATE COMPLIANCE WITHIN 30 DAYS. THE INFORMATION RECEIVED IS ENTERED INTO A DATABASE AND REVIEWED FOR POTENTIAL CONFLICTS OF INTEREST. THE DATABASE INFORMATION IS ALSO REVIEWED BY THE EXECUTIVE VICE PRESIDENT FOR LEGAL AFFAIRS, THE CHIEF EXECUTIVE OFFICER, AND THE AUDIT AND CORPORATE COMPLIANCE COMMITTEE OF THE BOARD OF TRUSTEES. IN ADDITION TO SENDING DISCLOSURE STATEMENTS DIRECTLY TO THE GROUP NOTED ABOVE, INDUSTRY WEBSITES ARE MONITORED FOR DISCLOSURES RELATED TO EMPLOYEES OF HSS PROPERTIES. THIS INFORMATION IS ENTERED INTO THE DATABASE, AS WELL. HSS PROPERTIES HAS A CONFLICT OF INTEREST TASK FORCE THAT MEETS THREE TIMES A YEAR, OR AS NECESSARY, TO REVIEW AND UPDATE THE CONFLICTS OF INTEREST POLICIES AND PROCEDURES. HSS' POLICY ON CONFLICT OF INTEREST IN DAY-TO-DAY OPERATIONS STATES THAT IF HSS IS CONTEMPLATING A TRANSACTION WHICH MIGHT POSSIBLY BENEFIT (OR APPEAR TO BENEFIT) A COVERED PERSON OR ANY MEMBER OF HIS/HER IMMEDIATE FAMILY, THEN THE POTENTIAL BENEFIT OR CONFLICT MUST BE DISCLOSED TO, AND APPROVED BY, A DISINTERESTED OFFICER OF HSS BEFORE THE TRANSACTION MAY PROCEED. ACCORDINGLY, A COVERED PERSON MAY NOT PLACE BUSINESS WITH ANY THIRD PARTY (E.G., A VENDOR, COMPETITOR, OR OTHER ORGANIZATION) IN WHICH THAT PERSON OR ANY MEMBER OF HIS/HER IMMEDIATE FAMILY HAS AN INTEREST, UNLESS THAT INTEREST IS DISCLOSED TO, AND THE TRANSACTION IS APPROVED BY, THE VICE PRESIDENT FOR CORPORATE COMPLIANCE AND INTERNAL AUDIT ("CORPORATE COMPLIANCE OFFICER"). FORM 990, PART VI, SECT B - LINE 15A & 15B, "PROCESS FOR DETERMINING COMP" HSS PROPERTIES CORPORATION IS COMMITTED TO ENSURING THAT ITS EXECUTIVE COMPENSATION PROGRAM ADHERES TO THE HIGHEST STANDARDS OF REGULATORY COMPLIANCE AND BEST CORPORATE GOVERNANCE. THE HSS PROPERTIES CORPORATION BOARD HAS CHARGED THE COMPENSATION COMMITTEE (WHICH IS COMPOSED OF INDEPENDENT BOARD MEMBERS WITH NO CONFLICTS OF INTEREST IN REGARD TO EXECUTIVE COMPENSATION) WITH MAKING ALL DECISIONS RELATED TO COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE COMMITTEE RETAINS AN INDEPENDENT COMPENSATION CONSULTANT TO ASSIST IT IN THIS PROCESS. COMPENSATION LEVELS ARE ESTABLISHED CONSIDERING DATA FOR FUNCTIONALLY COMPARABLE ROLES IN COMPARABLE ORGANIZATIONS, AN ASSESSMENT OF PERFORMANCE, AND OTHER BUSINESS JUDGMENT FACTORS, CONSISTENT WITH HSS PROPERTIES CORPORATION'S EXECUTIVE COMPENSATION PHILOSOPHY. THE COMMITTEE'S DECISIONS ARE MADE IN THE BEST INTERESTS OF HSS PROPERTIES CORPORATION, AND ARE INTENDED TO ENSURE THE RECRUITMENT AND RETENTION OF KEY EXECUTIVE TALENT, CONSISTENT WITH THE MARKET PRACTICES OF OTHER NOT-FOR-PROFIT HEALTH CARE ORGANIZATIONS OF COMPARABLE MISSION AND COMPLEXITY, CONSIDERING BOTH LOCAL AND NATIONAL MARKET CHALLENGES IN SUCH REGARD. ON AN ANNUAL BASIS (INCLUDING 2016), THE COMMITTEE PROVIDES THE FULL BOARD WITH AN OVERVIEW OF ITS DETERMINATIONS AND PROCESS. HSS PROPERTIES CORPORATION ESTABLISHED THIS PROCESS IN AN EFFORT TO COMPLY WITH THE INTERMEDIATE SANCTIONS GUIDELINES FOR QUALIFYING FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS, AS WELL AS BEST CORPORATE GOVERNANCE PRACTICES IN ENSURING THE TRANSPARENCY OF THE EXECUTIVE COMPENSATION DECISION-MAKING PROCESS WITH THE BOARD. FORM 990, PART VI, SECTION B - LINE 19, "DISCLOSURE GOVERNING DOCUMENTS" HSS PROPERTIES CORPORATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FROM THE OFFICE OF LEGAL AFFAIRS. NY SOC REL RUPT CRIPLD MAINTAING HSS 535 EAST 70TH STREET NEW YORK NY 10021 131624135 HEALTH CARE NY 501 (C)(3) 3 NA false HOSPITAL FOR SPECIAL SURGERY FUND inc 535 EAST 70TH STREET NEW YORK NY 10021 136714749 FUNDRAISING NY 501 (C)(3) 7 NA false HSS HORIZONS INC 535 EAST 70TH STREET NEW YORK NY 10021 134152131 RESEARCH SUPP NY 501 (C)(3) 12 TYPE I HSS FUND INC true TJA ORTHOPEDIC SURGERY PC 535 EAST 70TH STREET NEW YORK NY 10021 815178969 HEALTH CARE NY 501 (C)(3) PENDING HSS false HSS ASC OF MANHATTAN LLC 1233 2ND AVE NEW YORK NY 10065 471353602 HEALTH CARE NY NA N/A HSS WESTSIDE ASC LLC 600 WEST 58TH STREET NEW YORK NY 10019 814351390 HEALTH CARE NY NA N/A MIAC 535 EAST 70TH STREET NEW YORK NY 10021 981050215 SELF-INDEMNITY CJ NA C CORP 0 0 true HSS VENTURES 535 EAST 70TH STREET NEW YORK NY 10021 061624300 HLTH CARE SERVICE NY NA C CORP 0 0 true false false false false false false false false false true false false false false false true false false false HOSPITAL FOR SPECIAL SURGERY J 38978689 FMV HOSPITAL FOR SPECIAL SURGERY P 31543593 FMV HSS ASC OF MANHATTAN LLC J 689471 FMV HSS ASC OF MANHATTAN LLC Q 428794 FMV