HSS PROPERTIES CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: HSS PROPERTIES CORPORATION (EIN 13-3246249)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-11
IRS object ID: 201323169349300442
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-11T19:03:15-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 MONUMENT CIRCLE SUITE 2600	AddressLine1
City	Indianapolis	City
State	IN	State
ZIP Code	46204	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	133246249	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HSS Properties Corporation	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of Name	% MARC GOULD	InCareOfName
Name Control	HSSP	NameControl
Phone	2126061000	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	535 EAST 70TH STREET	AddressLine1
Address Line2	Suite	AddressLine2
City	NEW YORK	City
State	NY	State
ZIP Code	10021	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	STACEY MALAKOFF	Name
Title	EVP & CFO	Title
Date Signed	2013-11-11	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	3176817000	Phone

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	LOUIS SHAPIRO	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	535 EAST 70TH STREET	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10021	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	36397720	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1984	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	ACQUIRE, HOLD AND OPERATE CERTAIN REAL ESTATE TO BE USED BY ITS TAX-EXEMPT AFFILIATED ENTITY, THE HOSPITAL FOR SPECIAL SURGERY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	41	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	34	NbrIndependentVotingMembers
Total Nbr Employees	15	TotalNbrEmployees
Total Nbr Volunteers	44	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	33182401	ProgramServiceRevenuePriorYear
Program Service Revenue CY	35659840	ProgramServiceRevenueCY
Investment Income Prior Year	69126	InvestmentIncomePriorYear
Investment Income Current Year	225504	InvestmentIncomeCurrentYear
Other Revenue Prior Year	5761	OtherRevenuePriorYear
Other Revenue Current Year	4317	OtherRevenueCurrentYear
Total Revenue Prior Year	33257288	TotalRevenuePriorYear
Total Revenue Current Year	35889661	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	860388	SalariesEtcPriorYear
Salaries Etc Current Year	1046021	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	27120558	OtherExpensePriorYear
Other Expenses Current Year	28691164	OtherExpensesCurrentYear
Total Expenses Prior Year	27980946	TotalExpensesPriorYear
Total Expenses Current Year	29737185	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	5276342	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	6152476	RevenuesLessExpensesCY
Total Assets BOY	56664445	TotalAssetsBOY
Total Assets EOY	92047584	TotalAssetsEOY
Total Liabilities BOY	25839056	TotalLiabilitiesBOY
Total Liabilities EOY	54718995	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	30825389	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	37328589	NetAssetsOrFundBalancesEOY
Mission Description	ACQUIRE, HOLD AND OPERATE CERTAIN REAL ESTATE TO BE USED BY ITS TAX-EXEMPT AFFILIATED ENTITY, THE HOSPITAL FOR SPECIAL SURGERY.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	29045489	Expense
Revenue	35664157	Revenue
Description	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.	Description
Total Program Service Expense	29045489	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	true	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	true	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	15	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	41	NbrVotingGoverningBodyMembers
Number Independent Voting Members	34	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	true	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	MARC GOULD	NamePerson
Telephone Number	2126061323	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	535 EAST 70TH STREET	AddressLine1
City	New York	City
State	NY	State
ZIP Code	10021	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (49 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Average Hours Per Week RelatedAverageHoursPerWeekRelated	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization
Jonathan Deland
Member/ Attending Physician	0.2	10.61	X	84707	35225
Gregory Liguori
Member/Medical Dir.-left FY12'	0.2	25.65	X	530142	49479
Gregory E Lutz MD
Member/ Attending Physician	0.2	7.54	X	8795	51818
Russell Warren
Member/ Attending Physician	0.2	9.35	X	76983	30143
Philip Wilson Jr
Member/ Attending Physician	0.2	9.07	X	87995	29833
James M Benson
Member	0.02	0.41	X
Daniel C Benton
Member	0.03	0.63	X
Richard A Brand MD
Member	0.04	0.66	X
Peter L Briger Jr
Member - Left in FY2012	0.01	0.28	X
Michael Brooks
Member	0.07	1.29	X
Kathryn Chenault
Member	0.05	0.88	X
Charles Coleman III
Member	0.06	1.07	X
Leslie Cornfeld
Member	0.09	1.69	X
Cynthia Foster Curry
Member	0.09	1.8	X
Barrie M Damson
Member	0.19	3.61	X
James G Dinan
Member	0.13	2.42	X
Anne Ehrenkranz
Member	0.06	1.1	X
Michael Esposito
Member	0.18	3.33	X
Craig Ivey
Member	0.03	0.63	X
Winfield P Jones
Member	0.02	0.41	X
Monica Keany
Member	0.11	2.02	X
Thomas J Kelly
Member	0.14	2.64	X
David H Koch
Member	0.14	2.64	X
Lara Lerner
Member	0.02	0.41	X
Marylin B Levitt
Member	0.27	5.07	X
Thomas Lister
Member	0.13	2.38	X
Alan S MacDonald
Member	0.11	2.11	X
David M Madden
Member	0.04	0.66	X
Richard L Menschel
Chairman, Emeritus	0.34	6.55	X
Carl F Nathan MD
Member - Left in FY2012		0.09	X
Dean R O'Hare
Co-Chair	0.88	16.62	X			X
Aldo Papone
Co-Chair	0.88	16.62	X			X
Gordon Pattee
Member	0.02	0.41	X
Susan W Rose
Member	0.1	1.85	X
William R Salomon
Member - Left in FY2012	0.03	0.64	X
Jonathan Sobel
Member	0.11	2.02	X
Deirdre Stanley
Member	0.1	1.85	X
Robert K Steel
Member	0.23	4.34	X
Daniel G Tully
Member (Vice Chair till 04/12)	0.21	3.97	X			X
Mrs Douglas A Warner III
Member	0.34	6.46	X
Sanford I Weill
Member	0.01	0.16	X
Torsten N Wiesel MD
Member	0.04	0.72	X
Kendrick R Wilson III
Member	0.43	8.14	X
Ellen M Wright
Member	0.17	3.31	X
Louis A Shapiro
President & CEO	3.0	57.0	X	1568443	65294	X	82550
Lisa Goldstein
Executive VP & COO	6.0	54.0		962968	51863	X	106996
Stacey Malakoff
Executive VP & CFO	7.2	52.8		980065	57543	X	133645
Constance B Margolin
Exec VP & Chief Legal Officer	6.0	54.0		608276	51971	X	67586
Deborah Sale
Executive VP- External Affairs	3.0	57.0		547147	86668	X	28797

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	419574	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	5455521	TotalReportableCompFrmRltdOrgs
Total Other Compensation	509837	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
PERKINS EASTMAN ARCHITECTS PC
115 FIFTH AVENUE	NEW YORK	NY	10003	ARCHITECTURE	537000
CHARLES H GREENTHAL MANAGEMENT CORP
4 PARK AVENUE	NEW YORK	NY	10016	PROPERTY MANAGEMENT	287761
FRIED FRANK HARRIS SHRIVER JACO
ONE NEW YORK PLAZA	NEW YORK	NY	10004	LEGAL	262838
CROTHALL HEALTHCARE
955 CHESTERBROOK BLVD SUITE 300	WAYNE	PA	19087	HSE KEEPING/CLEANING	195025
SPECIALTY MANAGEMENT CO
PO BOX K	MANTOLOKING	NJ	08738	CONSULTING	136080

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	7	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
OFFICE/STAFF APT RENTAL	531110	31234664	31234664
OFFICE/STAFF APT PARKING	812930	2937381	2937381
HOTEL RENTAL	531110	1487795	1487795

Field	Value	IRS element (for citing)
Total Program Service Revenue	35659840	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	80555	TotalRevenueColumn
Exclusion	$80,555	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	653009	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	508059	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	144950	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	144949	TotalRevenueColumn
Exclusion	$144,949	ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	LAUNDRY INCOME	Description
Business Code	812300	BusinessCode
Total Revenue Column	4317	TotalRevenueColumn
Related Or Exempt Function Income	4317	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	4317	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	35889661	TotalRevenueColumn
Related Or Exempt Function Income	35664157	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$225,504	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	419574	Total
Management And General	419574	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	366906	Total
Program Services	366906	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	188795	Total
Program Services	88076	ProgramServices
Management And General	100719	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	70746	Total
Program Services	33004	ProgramServices
Management And General	37742	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	80000	Total
Management And General	80000	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	51629	Total
Management And General	51629	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	864730	Total
Program Services	864730	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	56058	Total
Program Services	56058	ProgramServices

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	21244156	Total
Program Services	21244156	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	865227	Total
Program Services	865227	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2046000	Total
Program Services	2046000	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
INTER-COMP PURCHASE SERVICES	2324935	2324935
LICENSES AND TAXES	606064	606064
REPAIR AND MAINTENANCE	450168	450168
MISCELLANEOUS EXPENSES	102197	100165	2032

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	29737185	Total
Program Services	29045489	ProgramServices
Management And General	691696	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	3217485	BOY
EOY	1684352	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1013835	BOY
EOY	1535195	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	2638417	BOY
EOY	2112442	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	121266772	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	50172890	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	40832353	BOY
EOY	71093882	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	6565663	BOY
EOY	10211618	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	2252817	BOY
EOY	5075877	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	143875	BOY
EOY	334218	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	56664445	BOY
EOY	92047584	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3558497	BOY
EOY	5346415	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Escrow Account Liability EscrowAccountLiability

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	21728494	BOY
EOY	43325934	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	552065	BOY
EOY	6046646	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	25839056	BOY
EOY	54718995	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	30825389	BOY
EOY	37328589	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	30825389	BOY
EOY	37328589	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	56664445	BOY
EOY	92047584	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	6152476	ReconcilationRevenueExpenses
Reconciliation Unrealized Invest	350724	ReconciliationUnrealizedInvest
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Both	X	FinancialStatementBoth

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	X	SupportingOrganization509a3
Supporting Org509a3 Type2	X	SupportingOrg509a3Type2
Certification Checkbox	X	CertificationCheckbox
Contrib By Controlling Individual	false	ContribByControllingIndividual
Contribution By Related Party	false	ContributionByRelatedParty
Contrib By35 Controlled Entity	false	ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HOSPITAL FOR SPECIAL SURGERY	BusinessNameLine1

Field	Value	IRS element (for citing)
EIN	133246249	EIN
Type Of Organization	03	TypeOfOrganization
Listed In Governing Doc	true	ListedInGoverningDoc
Amount	$0	Amount

Field	Value	IRS element (for citing)
Total Number Of Supported Orgs	1	TotalNumberOfSupportedOrgs
Sum Of Amounts	0	SumOfAmounts
General Explanation	HSS Properties Corporation (Properties), a controlled subsidiary of the 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).	GeneralExplanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Current Year Minus3 Years		CurrentYearMinus3Years
Current Year Minus4 Years		CurrentYearMinus4Years

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	40904437	OtherCostOrOtherBasis
Book Value	40904437	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	78239269	OtherCostOrOtherBasis
Depreciation	48213445	Depreciation
Book Value	30025824	BookValue

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovements
Equipment		Equipment

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2123066	OtherCostOrOtherBasis
Depreciation	1959445	Depreciation
Book Value	163621	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	71093882	TotalOfBookValueLandBuildings
Financial Derivatives		FinancialDerivatives
Closely Held Equity Interests		CloselyHeldEquityInterests

Other Securities OtherSecurities (2 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
ASSETS LIMITED AS TO USE	3418130	F
ALTERNATIVE INVESTMENTS	1657747	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	5075877	TotalOfBookValueSecurities
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
LONG TERM DEBT TO AFFILIATE	$5,000,000
TENANT SECURITY DEPOSITS	$334,218
DUE TO AFFILIATES (NET)	$712,428

Field	Value	IRS element (for citing)
Total Of Amounts	6046646	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	35889661	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	35889661	RevenueSubtotal
Total Revenue Per Form990	35889661	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	29737185	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	29737185	ExpensesSubtotal
Total Expenses Per Form990	29737185	TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	true	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	true	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)

TitleTitle	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Base Compensation Filing OrgBaseCompensationFilingOrg	Bonus Filing OrgBonusFilingOrg	Other Compensation Filing OrgOtherCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
Gregory Liguori
Member/Medical Dir.-left FY12'	471926	57500	716	22500	26979	579621
Louis A Shapiro
President & CEO	1005201	532000	31242	17813	44217	1630473	52906	28000	1644	937	2327	85814
Lisa Goldstein
Executive VP & COO	635252	301361	26355	20250	26427	1009645	70583	33485	2928	2250	2936	112182
Stacey Malakoff
Executive VP & CFO	642453	311151	26461	19800	30837	1030702	87607	42430	3608	2700	4206	140551
Constance B Margolin
Exec VP & Chief Legal Officer	418443	176281	13552	20250	26524	655050	46493	19587	1506	2250	2947	72783
Deborah Sale
Executive VP- External Affairs	368837	175643	2667	21375	60960	629482	19413	9244	140	1125	3208	33130

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifier	ExplanationExplanation
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 2012, no Physician is 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.

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)

RelationshipRelationship	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
143 Sound Beach Avenue Associates
SEE SCHEDULE L, PART V	SEE SCHEDULE L, PART V	false
American Express
SEE SCHEDULE L, PART V	SEE SCHEDULE L, PART V	false
Consolidated Edison Company of NY
SEE SCHEDULE L, PART V	SEE SCHEDULE L, PART V	false
Fortress Investment Group LLC
SEE SCHEDULE L, PART V	SEE SCHEDULE L, PART V	false

Form990 Schedule L Part V Form990ScheduleLPartV (4 entries)

IdentifierIdentifier	ExplanationExplanation
SCHEDULE L, PART IV, LINE (1) - 143 Sound Beach Avenue Associates, L.P.	HSS subleases physician office space from HSS Properties Corporation, an affiliate, which, in turn, leases physician office space from 143 Sound Beach Avenue Associates, L.P. A son of Russell F. Warren, M.D., the former Surgeon-in-Chief of HSS and an elected member of HSS' Board of Trustees, is a part owner of 143 Sound Beach Avenue Associates, L.P., the lessor. HSS Properties Corporation entered into the original lease in October 2000, following a lengthy search for suitable office space in the area, and after an independent valuation of the terms of the lease by a professional, commercial real estate firm confirmed the fair market value of the terms. At that time, Dr. Warren was the Surgeon-in-Chief of HSS and an ex officio member of HSS' Board of Trustees. The potential conflict of interest was disclosed to HSS' Board of Trustees and to the Board of Trustees of HSS Properties Corporation. Dr. Warren recused himself from the review, deliberation and vote. In 2010, HSS Properties renewed the lease through 2021, at a reduced rental rate that reflected a change in the real estate market from the time of the original lease, as confirmed by an independent professional real estate firm. The same due diligence, disclosure and review process (including recusal of Dr. Warren) was followed when the lease was renewed in June 2010. The approvals of the original lease and of the renewal were made by the vote of the disinterested members of the respective Boards of HSS and HSS Properties Corporation. Amount of Transaction: $336,685 Description of Transaction: HSS Properties Corporation (an affiliate of HSS) made lease payments in 2012 for physician office space it leases that is owned by 143 Sound Beach Avenue Associates, L.P. HSS Properties subleases the space to HSS.
SCHEDULE L, PART IV, LINE (2) - American Express	a. Aldo Papone, Co-Chairman of HSS' Board of Trustees, is currently a senior advisor at American Express. The decision to select American Express for the Buyer Initiated Payment Program (BIPP) was made through a competitive bid process and independent of Mr. Papone. Mr. Papone does not have any role in the consideration or acquisition of American Express services. b. Kathryne Chenault, a member of HSS' Board of Trustees, is the spouse of Kenneth Chenault, the CEO of American Express. HSS has had a long-standing business relationship with American Express that preceded the date that Mrs.Chenault joined HSS' Board of Trustees. Mrs. Chenault does not have any role in the consideration or acquisition of American Express services. Amount of Transaction: $43,424,935 Description of Transaction: In 2012, HSS paid its participating vendors $43,424,935 through the American Express Buyer Initiated Payment Program (BIPP) . The BIPP is a program negotiated through the Greater New York Hospital Association (GNYHA). Participating vendors have the benefit of getting paid quicker via use of BIPP and in return the participating vendors pay a fee to American Express. HSS receives a rebate based on its percentage of the total amount spent through the GYNHA program. Separately from the BIPP program, HSS incurred business related charges of $446,178 using HSS' American Express corporate cards.
SCHEDULE L, PART IV, LINE (3) - Consolidated Edison Company of New York	Craig Ivey, a member of HSS' Board of Trustees, is the President of Consolidated Edison Company of New York, Inc., which provides electricty to HSS. HSS has had a long-standing business relationship with Consolidated Edison Company of New York, Inc. that preceded the date that Mr. Ivey joined HSS' Board of Trustees. Mr. Ivey does not have any role in the consideration or acquisition of Consolidated Edison services. Amount of Transaction: $3,079,623 Description of Transaction: In 2012, HSS paid Consolidated Edison Company of New York, Inc., $3,079,623 for electrical utility charges.
SCHEDULE L, PART IV, LINE (4) - Fortress Investment Group LLC	Peter Briger, a member of HSS' Board of Trustees, who stepped down from the Board of Trustees as Co-Chair of HSS' Investment Committee and as a member of the HSS Board of Trustees in April 2012. Mr. Briger is the President and a member of the Board of Directors of Fortress Investment Group, LLC. The Hospital invests a portion of its endowment and pension portfolio in investment funds that may also invest in Fortress; in addition, the investment funds in which the Hospital invests may also receive funds for investment from Fortress. The Hospital does not invest any funds in Fortress. During this Board member's tenure as Co-Chair of the Investment Committee, in addition to the Co-Chairs of the Hospital's Investment Committee, five other Board members were members of the Hospital's Investment Committee and as such, participated in the deliberation and determination as to where HSS funds will be invested; four additional individuals attended the meetings as non-voting advisors. Amount of Transaction: N/A Description of Transaction: Neither HSS nor its affiliates invest in Fortress; however, HSS and its affiliates invest a portion of its endowment and pension portfolio in investment funds that may also invest in Fortress and the investment funds in which HSS invests may also receive funds for investment from Fortress.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
FAMILY OR BUSINESS RELATIONSHIPS	FROM 990, PART VI, SECTION A - LINE 2	- DANIEL BENTON, TRUSTEE, AND ANNE EHRENKRANZ, TRUSTEE, HAVE A BUSINESS RELATIONSHIP - GORDON PATTEE, TRUSTEE, AND JAMES DINAN, TRUSTEE, HAVE A BUSINESS RELATIONSHIP
SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS	FORM 990, PART VI, SECTION A, LINE 4	THE ORGANIZATION AMENDED ITS BYLAWS TO PLACE A REPRESENTATIVE OF THE GFT (GEOGRAPHIC FULL TIME) EXECUTIVE COUNCIL ON BOTH THE BOARD AND THE EXECUTIVE COMMITTEE OF THE BOARD, AS A NON-VOTING EX OFFICIO MEMBER. THE BYLAWS WERE ALSO AMENDED TO ESTABLISH TWO ELECTED MEMBERS OF THE BOARD OF TRUSTEES TO BE ELECTED TO THE EXECUTIVE COMMITTEE TO SERVE AS "DESIGNATED MEMBERS" OF THE EXECUTIVE COMMITTEE, EACH TO BE ELECTED FOR NO MORE THAN TWO CONSECUTIVE ONE-YEAR TERMS; AND TO ELIMINATE THE TWO "RESERVED EXECUTIVE COMMITTEE POSITIONS".
MEMBERSHIP	FORM 990, PART VI, SECTION A - LINES 6 & 7A	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.
REVIEW PROCESS	FORM 990, PART VI, SECTION B - LINE 11B	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.
CONFLICT OF INTEREST POLICY	FROM 990, PART VI, SECTION B - LINE 12C	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, AND LETTERS ARE SENT TO VENDORS REQUESTING THEY PROVIDE HSS PROPERTIES WITH THE INFORMATION ON ANY RELATIONSHIPS THAT THEY HAVE WITH 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 ("CORPORATE COMPLIANCE OFFICER").
COMPENSATION	FROM 990, PART VI, SECTION B - LINE 15A & 15B	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 SCOPE, MISSION, AND COMPLEXITY. ON AN ANNUAL BASIS (INCLUDING 2012), 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.
DOCUMENTS AVAILABLE TO THE PUBLIC	FROM 990, PART VI, SECTION B - LINE 19	HSS PROPERTIES CORPORATION MAKES GOVERNING DOCUMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FROM THE DEVELOPMENT OFFICE. CONFLICT OF INTEREST POLICY - HSS PROPERTIES CORPORATION MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FROM THE DEVELOPMENT OFFICE. FINANCIAL STATEMENTS - HSS PROPERTIES CORPORATION MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FROM THE DEVELOPMENT OFFICE.
OTHER DISCLOSURE		In July 2013, John Reynolds pleaded guilty to criminal charges relating to his activities while Chief Executive Officer of the Hospital and its affiliates involving kickbacks from third parties prior to his stepping down in 2006. The Hospital had no knowledge of these activities at the time but makes this disclosure in the event it might be required.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Controlled OrgControlledOrg
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

Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	Primary ActivityPrimaryActivity	Legal Domicile Foreign CountryLegalDomicileForeignCountry	Business Name Line1DirectControllingEntityName/BusinessNameLine1	Type Of EntityTypeOfEntity	Share Of Total IncomeShareOfTotalIncome	Share Of EOY AssetsShareOfEOYAssets	Percentage OwnershipPercentageOwnership	Controlled OrgControlledOrg	EINEIN	Legal Domicile StateLegalDomicileState
MIAC
535 EAST 70TH STREET	NEW YORK	NY	10021	SELF-INDEMNIT	CJ	HSS FUND INC	C CORP	0	0	0.00000	true
HSS VENTURES
535 EAST 70TH STREET	NEW YORK	NY	10021	HLTH CARE SER		HSS FUND INC	C CORP	0	0	0.00000	true	061624300	NY

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	true	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	true	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved	Method Of Amt DeterminationMethodOfAmtDetermination
HOSPITAL FOR SPECIAL SURGERY
J	18870524	FMV
HOSPITAL FOR SPECIAL SURGERY
P	4459845	FMV