HSS PROPERTIES CORPORATION Charity Report

Public IRS 990 nonprofit record

HSS PROPERTIES CORPORATION

EIN 13-3246249 · Health Care (E110)

What they do

ACQUIRE, HOLD and OPERATE CERTAIN REAL ESTATE to BE USED BY ITS TAX-EXEMPT AFFILIATED ENTITY, THE HOSPITAL for SPECIAL SURGERY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders52 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.31%of revenue went to mission work98.8% of expenses · Program services

$89.42spent for every $100 of revenueRevenue covered expenses this year.

1.11%of revenue went to management and office costs1.2% of expenses

$8.25in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $437,374 for STACEY L MALAKOFF (EVP & CHIEF FINANCIAL OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$79,673,467

Mission workProgram services$70,360,42688.31% of revenue98.8% of expenses

ManagementOffice and general costs$887,0601.11% of revenue1.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$8,425,98110.58% of revenueShown in gray on the chart

Total expenses$71,247,48689.42% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.8% mission · 1.2% management · 0.0% fundraisingTotal expenses: 89.42% of revenue

2023Expense mix: 98.8% mission · 1.2% management · 0.0% fundraisingTotal expenses: 91.80% of revenue

2022Expense mix: 98.9% mission · 1.1% management · 0.0% fundraisingTotal expenses: 93.35% of revenue

2021Expense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 92.27% of revenue

2020Expense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 91.13% of revenue

2019Expense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 88.65% of revenue

2018Expense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 87.66% of revenue

2017Expense mix: 98.5% mission · 1.5% management · 0.0% fundraisingTotal expenses: 87.36% of revenue

Money in and money out

Revenue$79,673,467

Expenses$71,247,486

Annual surplus $8,425,981 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$70,360,426 · 98.8% of expenses

Management and office costs$887,060 · 1.2% of expenses

See all reported dollar amounts

Revenue$79,673,467

Expenses$71,247,486

Assets$588,142,766

Income$120,938,657

Contributions$10,000

Mission work (program services)$70,360,426

Management and general$887,060

Executive compensation (total)$801,109

Stocks and bonds$92,221,709

Accounting fees$53,865

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STACEY L MALAKOFFEVP & CHIEF FINANCIAL OFFICER · 7 hrs/week $437,374Base $344,651 · Other $92,723

BRYAN T KELLYPRESIDENT & CEO · 3 hrs/week $361,449Base $261,482 · Other $99,967

IRENE KOCHEVP & CHIEF LEGAL OFFICER · 6 hrs/week $183,787Base $137,291 · Other $46,496

ANDREW A SAMAMEMBER/ATTENDING PHYSICIAN $85,313Base · Other $85,313

STAVROS MEMTSOUDIS-JOIN 2024MEMBER/ANESTHESIOLOGIST $82,270Base · Other $82,270

ANDY MILLERMEMBER/ATTENDING PHYSICIAN $35,230Base · Other $35,230

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (52)

STACEY L MALAKOFFEVP & CHIEF FINANCIAL OFFICER

BRYAN T KELLYPRESIDENT & CEO

IRENE KOCHEVP & CHIEF LEGAL OFFICER

ANDREW A SAMAMEMBER/ATTENDING PHYSICIAN

STAVROS MEMTSOUDIS-JOIN 2024MEMBER/ANESTHESIOLOGIST

ANDY MILLERMEMBER/ATTENDING PHYSICIAN

MICHAEL ESPOSITOVICE CHAIR

WAYNE AI FREDERICKMEMBER

MICHAEL C BROOKSMEMBER

MONICA KEANYVICE CHAIR

NICHOLAS SOMERSMEMBER-JOIN BOT 2024

PABLO LEGORRETAMEMBER

PATRICE LOUVETMEMBER

PATTY BAKERMEMBER-JOINED BOT 2024

RICHARD LANDGARTENMEMBER-JOIN BOT 2024

ROBERT GOLDSTEINMEMBER

MATTHEW H PELTZMEMBER

ROBERT K STEELCO-CHAIR

ROBIN VINCEMEMBER

SACHA LAINOVICMEMBER

SARAH E NASHMEMBER

SCOTT KAPNICKMEMBER

SCOTT RECHLERMEMBER

STEVEN RATTNERMEMBER

TERENCE M OTOOLEVICE CHAIR

THOMAS H LISTERCO-CHAIR

WARREN B KANDERSMEMBER

ALAN S MACDONALDMEMBER

HERBERT BLACKMEMBER

ANNE EHRENKRANZMEMBER

ANTHONY DE NICOLAMEMBER

CELENE MENSCHELMEMBER

CHARLES COLEMAN IIIMEMBER

CYNTHIA FOSTER CURRYMEMBER

DANIEL C BENTONMEMBER

DEIRDRE STANLEYMEMBER

EDWARD SKYLERMEMBER

ELLEN M WRIGHTMEMBER

FRANCES TOWNSENDMEMBER

GIAMMARIA GIULIANIMEMBER

MARY KATHRYN NAVABMEMBER

JAMES G DINANMEMBER

JEFFREY WILPONMEMBER

JONATHAN SOBELMEMBER

JONATHAN TISCHMEMBER

KATHRYN CHENAULTMEMBER

KATHY LEVENTHALMEMBER

LARA R LERNERMEMBER

LAURIE HODGES LAPEYREVICE CHAIR

LESLIE CORNFELDMEMBER

LOUIS A SHAPIRO-THRU 2023FORMER PRESIDENT & CEO

MARINA KELLEN FRENCHMEMBER

About this charity

Recognized since: January 1985
Location: 535 EAST 70TH STREET, NEW YORK, NY 10021
County: New York
In care of: Todd Gorlewski
Primary officer: Todd Gorlewski, SVP & CAO

How to reach them

Phone(212) 606-1000 Officer phone(212) 774-5096

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Health Care (E110)
IRS tax category: Other Grantmaking and Giving Services