Hss Properties Corporation is a 501(c)(3) organization based in New York, New York, registered in 1985, with $79,673,467 in FY2024 revenue. CharityIndex grades it A+, and it directs about 99% of spending to programs.
Revenue (FY2024)
$79.7M
▲ 7.5% vs prior year
Health median: $840K
Expenses (FY2024)
$71.2M
Net assets
$128.2M
Employees
6
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hss Properties Corporation: 99% to programs earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hss Properties Corporation: 22 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hss Properties Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hss Properties Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Acquire, hold and operate certain real estate to be used by its tax-exempt affiliated entity, the hospital for special surgery.
Revenue grew from $38.4M (FY2013) to $79.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
10.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$588.1M
Total liabilities
$460.0M
Net assets
$128.2M
Salaries & benefits
$1.2M
2% of expenses
Board members
49
45 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $79,673,467▲7.5% | $71,247,486▲4.7% | $128,178,454▲14.0% | $588,142,766▼1.5% | 990 |
| 2023 | $74,138,007▲8.4% | $68,061,215▲6.6% | $112,460,108▲17.3% | $596,935,503▲6.8% | 990 |
| 2022 | $68,422,892▼6.2% | $63,871,607▼5.1% | $95,906,226▼9.4% | $559,032,760▼6.1% | 990 |
| 2021 | $72,958,189▼0.6% | $67,321,443▲0.7% | $105,813,092▲8.6% | $595,585,404▼1.7% | 990 |
| 2020 | $73,388,574▲2.3% | $66,877,335▲5.1% | $97,470,919▲10.4% | $605,667,862▼1.0% | 990 |
| 2019 | $71,754,457▲7.9% | $63,610,598▲9.1% | $88,301,838▲13.9% | $611,642,140▲268% | 990 |
| 2018 | $66,488,633▲12.5% | $58,284,045▲12.8% | $77,512,585▲8.9% | $166,305,619▲12.0% | 990 |
| 2017 | $59,120,524▲21.1% | $51,649,292▲19.5% | $71,169,953▲14.7% | $148,539,283▲10.6% | 990 |
| 2016 | $48,819,901▲11.3% | $43,227,264▲13.0% | $62,066,231▲10.4% | $134,348,701▲29.1% | 990 |
| 2015 | $43,846,276▲9.2% | $38,254,560▲12.6% | $56,234,681▲10.7% | $104,062,919▲10.1% | 990 |
| 2014 | $40,157,077▲4.5% | $33,968,251▲3.3% | $50,808,572▲15.0% | $94,477,011▼3.0% | 990 |
| 2013 | $38,420,927 | $32,892,071▲10.6% | $44,199,175▲18.4% | $97,393,072▲5.8% | 990 |
| 2012 | — | $29,737,185▲6.3% | $37,328,589▲21.1% | $92,047,584▲62.4% | 990 |
| 2011 | — | $27,980,946▲2.4% | $30,825,389▲20.0% | $56,664,445▲5.0% | 990 |
| 2010 | — | $27,333,826 | $25,683,979 | $53,964,813 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Stacey L Malakoff — $344,651 (0.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stacey L Malakoff | Evp & Chief Financial Officer | 7.2 | $344,651 |
| Bryan T Kelly | President & Ceo | 3 | $261,482 |
| Irene Koch | Evp & Chief Legal Officer | 6 | $137,291 |
| Alan S Macdonald | Member | 0.02 | — |
| Andrew A Sama | Member/attending Physician | 0.2 | — |
| Andy Miller | Member/attending Physician | 0.2 | — |
| Anne Ehrenkranz | Member | 0.1 | — |
| Anthony De Nicola | Member | 0.09 | — |
| Celene Menschel | Member | 0.09 | — |
| Charles Coleman III | Member | 0.08 | — |
| Cynthia Foster Curry | Member | 0.09 | — |
| Daniel C Benton | Member | 0.13 | — |
| Deirdre Stanley | Member | 0.08 | — |
| Edward Skyler | Member | 0.07 | — |
| Ellen M Wright | Member | 0.11 | — |
| Frances Townsend | Member | 0.06 | — |
| Giammaria Giuliani | Member | 0.11 | — |
| Herbert Black | Member | 0.06 | — |
| James G Dinan | Member | 0.1 | — |
| Jeffrey Wilpon | Member | 0.11 | — |
| Contractor | Services | Paid |
|---|---|---|
| Rolst Construction Co | Construction | $1,775,330 |
| The Belaire Condominium | Engineering Fees | $671,029 |
| Niko K Construction C | Construction | $380,000 |
| Istats Maintenance Co | Construction | $270,888 |
| Richmond Elevator Co Inc | Construction/repair | $254,004 |
Explore more
Data for Hss Properties Corporation (EIN 13-3246249) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.