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Hss Properties Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133246249 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Hss Properties Corporation?

Hss Properties Corporation is a nonprofit organization located at 535 East 70th Street, New York, NY 10021. Their primary mission involves acquiring, holding, and operating certain real estate properties for use by their tax-exempt affiliated entity, the Hospital for Special Surgery. By doing so, Hss Properties Corporation supports the operations of the hospital and may provide funds from their operations to the Hospital for Special Surgery and other charitable health-related organizations. With a team of six employees, they contribute to the healthcare sector through real estate management.


Is Hss Properties Corporation legitimate?

Hss Properties Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hss Properties Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $629,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,909

For more financial information, click here


What is the mission statement of Hss Properties Corporation?
Who is the CEO of Hss Properties Corporation?
What is the revenue of Hss Properties Corporation?
Who are the executives of Hss Properties Corporation and what are their salaries?

The average compensation at Hss Properties Corporation during 2022 was $151,940. There are 6 employees and 47 volunteers at Hss Properties Corporation.

Here are 52 key members and their salaries (Hss Properties Corporation's CEO's salary is $208,233 and their total compensation is $4,254,269):


Where can I find the form 990 for Hss Properties Corporation?

Mission Statement of Hss Properties Corporation

Hss Properties Corporation, a key player in the real estate sector, is dedicated to acquiring, holding, and operating certain properties for the benefit of its tax-exempt affiliate, the Hospital for Special Surgery. This New York-based corporation serves as a vital partner to the hospital by providing it with the necessary real estate for its operations.

In its mission to support the Hospital for Special Surgery, Hss Properties Corporation uses its resources to ensure the availability of suitable premises for the hospital's growth and development. By managing these properties, the corporation not only enables the hospital to provide world-class healthcare services but also contributes to the broader charitable cause of improving the health and wellbeing of numerous communities.

Hss Properties Corporation's commitment to the Hospital for Special Surgery extends beyond the provision of real estate. The corporation's operations generate funds that are channeled towards the hospital and other charitable health-related organizations. As a result, the corporation plays a pivotal role in furthering the reach and impact of these vital institutions.

Hss Properties Corporation's unwavering dedication to its charitable affiliate underscores its importance as a philanthropic partner in the healthcare sector. By focusing on the acquisition, holding, and operation of real estate for the Hospital for Special Surgery, this corporation plays a crucial role in empowering the hospital to deliver exceptional healthcare services and make a positive difference in the lives of countless individuals.

Impact

This information is meant to be a general summary of Hss Properties Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Hss Properties Corporation plays a crucial role in supporting the operations of its tax-exempt affiliated entity, the Hospital for Special Surgery, by acquiring, holding, and operating real estate for the hospital's use. Through its activities, Hss Properties Corporation enables the Hospital for Special Surgery to focus on providing specialized healthcare services in New York City. Additionally, Hss Properties Corporation may allocate funds generated from its operations to support the Hospital for Special Surgery and other charitable health-related organizations, thereby contributing to the advancement of healthcare services in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,319,122
  • Program Service Revenue: $65,983,927
  • Gross Receipts: $86,673,496

    • Assets and Liabilities:
  • Total Assets: $559,032,760
  • Total Liabilities: $463,126,534
  • Net Assets: $95,906,226
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OFFICE/STAFF APT RENTAL

    Revenue

    $61,656,758

    OFFICE/STAFF APT PARKING

    Revenue

    $3,810,135

    HOTEL RENTAL

    Revenue

    $517,034

    Organization Details

    Founding Year

    1984

    Principal Officer

    Louis Shapiro

    Main Address

    535 EAST 70TH STREET, NEW YORK, NY, 10021

    NTEE Category

    Code: E00 - Health

    If you are a representative of Hss Properties Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.