2015-11-12T19:24:42-06:00 2014-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE STE 4000 INDIANAPOLIS IN 46204 990 2014-01-01 133246249 HSS Properties Corporation % MARC GOULD HSSP 2126061000 535 EAST 70TH STREET NEW YORK NY 10021 STACEY L MALAKOFF EVP & CFO 2015-11-12 Christopher B Boggs P00032493 3176817000 2014 2016-02-25 16:41:14Z LOUIS SHAPIRO 535 EAST 70TH STREET NEW YORK NY 10021 41472039 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. 42 36 12 44 0 0 0 0 38563462 40119136 89284 316490 -231819 -278549 38420927 40157077 0 0 0 0 984187 1014179 0 0 0 31907884 32954072 32892071 33968251 5528856 6188826 97393072 94477011 53193897 43668439 44199175 50808572 ACQUIRE, HOLD AND OPERATE CERTAIN REAL ESTATE TO BE USED BY ITS TAX-EXEMPT AFFILIATED ENTITY, THE HOSPITAL FOR SPECIAL SURGERY. false false 33351963 0 40123145 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. 33351963 true false false false false false false false false false true false false false 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 0 0 12 true false false false false false false false false false false X 42 36 false false true 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 Gregory E Lutz MD Member/Attending MD-Left FY14' 0.2 4.48 X 0 11008 53021 Douglas Padgett Member/ Attending Physician 0.2 12.15 X 0 142447 50108 Linda Russell - Start FY14' Member/ Attending Physician 0.2 48.18 X 0 523633 61528 Thomas Sculco - Start FY14' Member/ Attending Physician 0.2 34.26 X 0 790017 58532 Russell Warren Member/ Attending Physician 0.2 9.18 X 0 76526 37198 Philip Wilson Jr Member/ Attending Physician 0.2 13.38 X 0 87511 31075 James M Benson Member 0.02 0.41 X 0 0 0 Daniel C Benton Member 0.02 0.41 X 0 0 0 Herbert Black Member 0.02 0.41 X 0 0 0 Richard A Brand MD Member - Left FY14' 0.01 0.23 X 0 0 0 Michael Brooks Member 0.07 1.4 X 0 0 0 Kathryn Chenault Member 0.05 0.99 X 0 0 0 Charles Coleman III Member 0.05 1.02 X 0 0 0 Leslie Cornfeld Member 0.08 1.54 X 0 0 0 Cynthia Foster Curry Member 0.19 3.63 X 0 0 0 Barrie M Damson Member 0.1 1.85 X 0 0 0 James G Dinan Member 0.11 2.16 X 0 0 0 Anne Ehrenkranz Member 0.16 3.03 X 0 0 0 Michael Esposito Vice Chair 0.27 5.16 X X 0 0 0 Marina Kellen French Member 0.03 0.6 X 0 0 0 Craig Ivey Member 0.04 0.68 X 0 0 0 Winfield P Jones Member 0.02 0.41 X 0 0 0 Monica Keany Member 0.2 3.87 X 0 0 0 Thomas J Kelly Member 0.13 2.43 X 0 0 0 David H Koch Member 0.13 2.43 X 0 0 0 Laurie Hodges Lapeyre Member - Start FY14' 0.01 0.16 X 0 0 0 Lara Lerner Member 0.02 0.41 X 0 0 0 Marylin B Levitt Member 0.26 4.98 X 0 0 0 Thomas Lister Vice Chair 0.29 5.41 X X 0 0 0 Alan S MacDonald Member 0.11 1.99 X 0 0 0 David M Madden Member 0.04 0.83 X 0 0 0 Richard L Menschel Chairman, Emeritus 0.34 6.45 X X 0 0 0 Dean R O'Hare Chairman, Emeritus 0.24 4.6 X X 0 0 0 Aldo Papone Chairman, Emeritus 0.33 6.29 X X 0 0 0 Gordon Pattee Member 0.02 0.41 X 0 0 0 Susan W Rose Member 0.03 0.6 X 0 0 0 Jonathan Sobel Member 0.18 3.39 X 0 0 0 Deirdre Stanley Vice Chair 0.19 3.7 X X 0 0 0 Robert K Steel Member 0.22 4.14 X 0 0 0 Mrs Douglas A Warner III Member 0.34 6.48 X 0 0 0 Sanford I Weill Member 0.02 0.41 X 0 0 0 Torsten N Wiesel MD Member - Left FY14' 0.01 0.23 X 0 0 0 Kendrick R Wilson III Chair 0.88 16.62 X X 0 0 0 Ellen M Wright Member 0.19 3.58 X 0 0 0 Louis A Shapiro President & CEO 3.0 57.0 X X 105892 2011945 71423 Lisa Goldstein Executive VP & COO 6.0 54.0 X 120197 1081775 55263 Stacey Malakoff Executive VP & CFO 7.2 52.8 X 151731 1112694 56589 Constance B Margolin Exec VP & Chief Legal Officer 6.0 54.0 X 74665 671977 48153 Deborah Sale Former Exec VP/Ext Affairs 0.0 0.0 X 27292 518551 2753 479777 7028084 525643 3 true true false BERGEN PASSAIC ELEVATOR CO 1400 PARKER STREET BRONX NY 10462 CONSTRUCTION 405750 Schindler Elevator Co 620 12th Avenue NEW YORK NY 10036 Elevator Services 355937 CROTHALL HEALTHCARE INC 955 CHESTERBROOK BLVD SUITE 300 WAYNE PA 19087 HOUSEKEEPING 182316 Constructamax Management Inc 10 Harbor Park Drive PORT WASHINGTON NY 11050 CONSTRUCTION 178002 Matrix Mechanical Corporation 47-15 35th St LONG ISLAND CITY NY 11101 HVAC SERVICES 131004 6 0 OFFICE/STAFF APT RENTAL 531110 34692192 34692192 OFFICE/STAFF APT PARKING 812930 4064059 4064059 HOTEL RENTAL 531110 1362885 1362885 40119136 150029 150029 0 0 1018525 1301083 -282558 0 -282558 -282558 180340 13879 166461 166461 166461 0 0 0 LAUNDRY INCOME 812300 4009 4009 4009 40157077 40123145 33932 0 0 0 0 473188 473188 0 379772 379772 0 95197 95197 66022 30127 35895 0 46354 46354 58496 58496 0 0 0 1344472 1344472 0 39497 39497 0 0 24693979 24693979 176 176 0 0 615277 615277 0 2132435 2132435 0 INTER-COMP PURCHASE SERVICES 2549469 2549469 LICENSES AND TAXES 932197 931397 800 REPAIR AND MAINTENANCE 493455 493455 MISCELLANEOUS EXPENSES 48265 46886 1379 33968251 33351963 616288 0 1966120 1343995 0 0 0 0 1738700 1775406 0 0 0 0 0 0 0 0 2390274 3083264 125225798 54459209 71790814 70766589 15584947 13934671 3587035 3221140 0 0 0 0 335182 351946 97393072 94477011 7819300 8517546 0 0 0 0 0 0 0 0 0 0 39441875 34079503 0 0 5932722 1071390 53193897 43668439 X 44199175 50808572 0 0 0 0 44199175 50808572 97393072 94477011 6188826 420571 X false true X true false X X 1 HOSPITAL FOR SPECIAL SURGERY 131624135 03 true 0 0 1 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 41803915 41803915 80904090 52275656 28628434 2517793 2183553 334240 70766589 0 TENANT SECURITY DEPOSITS 351946 DUE TO AFFILIATES (NET) 719444 1071390 41458160 41458160 -1301083 -1301083 40157077 35269334 1301083 1301083 33968251 33968251 PART XI, LINE 4B & PART XII, LINE 2D - OTHER "REV/EXP RECONCILIATION" RENTAL EXPENSES - $1,301,083 X X X X true false false false true false true false false Douglas Padgett Member/ Attending Physician 0 141909 0 0 0 538 0 13950 0 36158 0 192555 0 0 Linda Russell - Start FY14' Member/ Attending Physician 0 251746 0 70125 0 201762 0 23400 0 38128 0 585161 0 0 Thomas Sculco - Start FY14' Member/ Attending Physician 0 551140 0 223750 0 15127 0 23400 0 35132 0 848549 0 0 Louis A Shapiro President & CEO 54669 1038702 49425 939075 1798 34168 975 18525 2596 49327 109463 2079797 0 0 Lisa Goldstein Executive VP & COO 72650 653850 44433 399900 3114 28025 2340 21060 3187 28676 125724 1131511 0 0 Stacey Malakoff Executive VP & CFO 90364 662671 57570 422180 3797 27843 2808 20592 3982 29207 158521 1162493 0 0 Constance B Margolin Exec VP & Chief Legal Officer 47943 431486 25205 226843 1517 13648 2340 21060 2475 22278 79480 715315 0 0 Deborah Sale Former Exec VP/Ext Affairs 656 12469 5925 112576 20711 393506 59 1123 79 1492 27430 521166 0 0 SCHEDULE J, PART I, LINE 4A Deborah Sale, Former Executive VP-External Affairs, received severance pay of $413,892 as reported on Schedule J, Part II, Column B(iii). Severance payments began January 2014 and will be made through June 2015. 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 2014, 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 4 "SIGNIFICANT CHANGES TO GOV DOCS" THE ORGANIZATION AMENDED ITS BYLAWS TO COMPLY WITH THE NYS NON-PROFIT REVITALIZATION ACT OF 2013, EFFECTIVE JULY 2014. The significant changes included setting the membership on the Audit and Corporate Compliance Committee at not less than four members of the Board and all members of the Committee are to be "Independent Directors" as defined in the NY Not-for-Profit Law. The bylaws were also amended to give the Executive Committee authority to set the compensation of officers and senior management, following review of the recommendations of the Executive Compensation Committee. 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, 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 DISK 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 THECONFLICTS 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. ON AN ANNUAL BASIS (INCLUDING 2014), 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. FORM 990, PART VI, SECTION B - LINE 19, "DISCLOSURE GOVERNING DOCUMENTS" HSS PROPERTIES CORPORATION MAKES 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) 11 TYPE II HSS FUND INC true 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 true false HOSPITAL FOR SPECIAL SURGERY J 17210689 FMV HOSPITAL FOR SPECIAL SURGERY P 5104502 FMV HOSPITAL FOR SPECIAL SURGERY FUND INC R 156267 FMV HOSPITAL FOR SPECIAL SURGERY FUND INC R 5000000 FMV