Civic Intelligence

Hss Horizons Inc

EIN 13-4152131 • 501(c)3 • New York, NY

Profile

Hss horizons holds investments in support of hospital for special surgery fund, inc. And the new york society for the ruptured and crippled, maintaining the hospital for special surgery.

535 East 70th StreetNew York, NY 10021

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

178.09x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

100th percentile

$4,254,269

Higher top officer pay than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

54th percentile

0.0%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Flat

$30,000

Flat from 2023

Liabilities

Up

$5,342,700

Up $439,043 (+9.0%) from 2023

Net Assets

Down

-$5,312,700

Down $439,043 (-9.0%) from 2023

Revenue

Flat

$0

Flat from 2023

Expenses

Up

$440,791

Up $41,530 (+10%) from 2023

Net Income

Down

-$440,791

Down $41,530 (-10%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0M-$10MAssets 2010: $30,000Liabilities 2010: $2,761,094Net Assets 2010: -$2,731,0942010Assets 2011: $30,000Liabilities 2011: $2,840,328Net Assets 2011: -$2,810,3282011Assets 2012: $30,000Liabilities 2012: $2,947,369Net Assets 2012: -$2,917,3692012Assets 2013: $30,000Liabilities 2013: $3,057,917Net Assets 2013: -$3,027,9172013Assets 2014: $30,000Liabilities 2014: $3,173,083Net Assets 2014: -$3,143,0832014Assets 2015: $30,000Liabilities 2015: $3,290,125Net Assets 2015: -$3,260,1252015Assets 2016: $30,000Liabilities 2016: $3,419,611Net Assets 2016: -$3,389,6112016Assets 2017: $30,000Liabilities 2017: $3,575,837Net Assets 2017: -$3,545,8372017Assets 2018: $30,000Liabilities 2018: $3,767,380Net Assets 2018: -$3,737,3802018Assets 2019: $30,000Liabilities 2019: $3,986,762Net Assets 2019: -$3,956,7622019Assets 2020: $30,000Liabilities 2020: $4,137,890Net Assets 2020: -$4,107,8902020Assets 2021: $30,000Liabilities 2021: $4,282,464Net Assets 2021: -$4,252,4642021Assets 2022: $30,000Liabilities 2022: $4,504,396Net Assets 2022: -$4,474,3962022Assets 2023: $30,000Liabilities 2023: $4,903,657Net Assets 2023: -$4,873,6572023Assets 2024: $30,000Liabilities 2024: $5,342,700Net Assets 2024: -$5,312,7002024

Highlighted filing

2024

Assets$30,000
Liabilities$5,342,700
Net Assets-$5,312,700

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$500K$0-$500KExpenses 2010: $110,3532010Expenses 2011: $108,3242011Revenue 2012: $0Expenses 2012: $107,819Net Income 2012: -$107,8192012Revenue 2013: $0Expenses 2013: $110,548Net Income 2013: -$110,5482013Revenue 2014: $0Expenses 2014: $115,166Net Income 2014: -$115,1662014Revenue 2015: $0Expenses 2015: $117,042Net Income 2015: -$117,0422015Revenue 2016: $0Expenses 2016: $129,486Net Income 2016: -$129,4862016Revenue 2017: $0Expenses 2017: $156,226Net Income 2017: -$156,2262017Revenue 2018: $0Expenses 2018: $191,543Net Income 2018: -$191,5432018Revenue 2019: $0Expenses 2019: $219,382Net Income 2019: -$219,3822019Revenue 2020: $0Expenses 2020: $151,128Net Income 2020: -$151,1282020Revenue 2021: $0Expenses 2021: $144,574Net Income 2021: -$144,5742021Revenue 2022: $0Expenses 2022: $221,932Net Income 2022: -$221,9322022Revenue 2023: $0Expenses 2023: $399,261Net Income 2023: -$399,2612023Revenue 2024: $0Expenses 2024: $440,791Net Income 2024: -$440,7912024

Highlighted filing

2024

Revenue$0
Expenses$440,791
Net Income-$440,791

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.03$5.34$5.31$0.00$0.44$0.44
2023Detailed filing. Detailed filing data is available for this year.$0.03$4.90$4.87$0.00$0.40$0.40
2022Detailed filing. Detailed filing data is available for this year.$0.03$4.50$4.47$0.00$0.22$0.22
2021Detailed filing. Detailed filing data is available for this year.$0.03$4.28$4.25$0.00$0.14$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.03$4.14$4.11$0.00$0.15$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.03$3.99$3.96$0.00$0.22$0.22
2018Detailed filing. Detailed filing data is available for this year.$0.03$3.77$3.74$0.00$0.19$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.03$3.58$3.55$0.00$0.16$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.03$3.42$3.39$0.00$0.13$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.03$3.29$3.26$0.00$0.12$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.03$3.17$3.14$0.00$0.12$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.03$3.06$3.03$0.00$0.11$0.11
2012Summary only. Only limited summary data is available for this year.$0.03$2.95$2.92$0.00$0.11$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$2.84$2.81$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$2.76$2.73$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

Hss horizons holds investments in support of hospital for special surgery fund, inc. And the new york society for the ruptured and crippled, maintaining the hospital for special surgery.

Hss horizons holds investments in support of hospital for special surgery fund, inc. & the ny society for the ruptured and crippled, maintaining the hospital for special surgery.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$30,000$30,000→ $0
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$30,000$30,000→ $0
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$4,903,657$5,342,700▲ $439,043
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,903,657$5,342,700▲ $439,043
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-4,873,657$-5,312,700▼ $439,043
Total Net Assets Fund Balance$-4,873,657$-5,312,700▼ $439,043
Total Liabilities and Net Assets / Fund Balance$30,000$30,000→ $0

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$30,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas H ListerChair
Louis A Shapiro-THRU 2023Former President & CEO
Bryan T KellyPresident & CEO
Stacey L MalakoffEVP & Chief Financial Officer
Irene KochEVP & Chief Legal Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-440,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$440,791
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$427,572-$427,572
Other Expenses-$2,085-$2,085
Total Functional Expenses$0$440,791$0$440,791
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$5,342,700
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A - LINE 6 & 7A - "MEMBERSHIP"

Hss horizons inc. Is a membership corporation, with the hospital for special surgery fund, inc. As its sole member. The hospital for special surgery fund, inc. As the member of hss horizons, inc., elects the board of trustees of hss horizons, inc.

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. 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 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"

HSS Horizons Inc. has adopted the Hospital for Special Surgery's (HSS') policies on Conflicts of Interest. ON AN ANNUAL BASIS, INTEREST DISCLOSURE STATEMENTS ARE SENT TO ALL BOARD MEMBERS, OFFICERS, MEDICAL STAFF, MANAGEMENT, FELLOWS, RESIDENTS, RESEARCH PROFESSIONAL STAFF, IRB MEMBERS, AND OTHER DESIGNATED GROUPS. HSS CONFLICT OF INTEREST AND COMMITMENT POLICY ALSO REQUIRES THAT ANY COVERED PERSON, INCLUDING MEMBERS OF THE HSS MEDICAL STAFF MUST PROVIDE PRIOR NOTICE TO COMPLIANCE BEFORE BEGINNING ANY ACTIVITY OR SIGNIFICANTLY MODIFYING THE TERMS OF ANY EXISTING OUTSIDE PROFESSIONAL ACTIVITY, WHERE THE COVERED PERSON HAS A FINANCIAL INTEREST VALUED IN EXCESS OF $5,000 OR EQUITY INTERESTS OF INDETERMINATE VALUE. DISCLOSURES MAY BE MADE THROUGH HSS' ONLINE REPORTING PLATFORM, MYDISCLOSURES OR DIRECTLY TO COMPLIANCE. THE REPORTED INTERESTS ARE 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. SUMMARY INFORMATION IS PROVIDED TO SERVICE CHIEFS, AS REQUESTED, SO THAT THEY ARE AWARE OF THE FINANCIAL INTERESTS OF THE MEDICAL STAFF WITHIN THEIR SPECIALTY. IN ADDITION TO SENDING DISCLOSURE STATEMENTS DIRECTLY TO THE GROUP NOTED ABOVE, INDUSTRY WEBSITES ARE MONITORED FOR DISCLOSURES RELATED TO EMPLOYEES OF HSS. THIS INFORMATION IS ENTERED INTO THE DATABASE, AS WELL. HSS HAS A CONFLICT OF INTEREST COMMITTEE THAT MEETS AT LEAST THREE TIMES A YEAR, OR AS NECESSARY AND IS CHARGED WITH ADJUDICATING COMPLEX CONFLICTS OF INTEREST AND COMMITMENT, DEVELOPING AND ADOPTING REASONABLE AND APPROPRIATE CONFLICT MANAGEMENT PLANS AND SERVING AS A POLICY ADVISORY TO THE HSS BOARD OF TRUSTEES AND HSS EXECUTIVE LEADERSHIP.

FORM 990, PART VI, SECTION B - LINE 19, "DISCLOSURE GOVERNING DOCUMENTS"

Hss horizons inc. Makes its governing documents, conflict of interest policy and financial statements available to the general public upon request from the office of legal affairs.

Filing and Contact Details

Filer

Filer Name
HSS Horizons Inc
EIN
13-4152131
In Care Of
% TODD GORLEWSKI
Phone
2126061000
Address
535 East 70th Street, New York, NY 10021

Signing Officer

Name
Todd Gorlewski
Title
SVP & CAO
Phone
2127745096
Signed
2025-11-10

Organization Details

Principal Officer
Bryan T Kelly
Formed
2000
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
1

Preparer

Firm
Ernst & Young US Llp
Address
1 MANHATTAN WEST, NEW YORK, NY 10001
Preparer
Yucen Zhong
Phone
2127736170
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9, "OTHER CHANGES IN NET ASSETS OR FUND BALANCES"

Other Changes in Net Assets of $1,748.

Raw XML AppendixShowing 400 of 637 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Louis A Shapiro-THRU 2023
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Former President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2EVP & Chief Financial Officer
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NY SOCIETY FOR THE RELIEF OF THE RUPTURED & CRIPPLED HSS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1THE HOSPITAL FOR SPECIAL SURGERY FUND INC
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Louis A Shapiro-THRU 2023
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Stacey L Malakoff
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Irene Koch
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Bryan T Kelly
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Former President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EVP & Chief Financial Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2EVP & Chief Legal Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3President & CEO
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0RELATED ORGANIZATION, HOSPITAL FOR SPECIAL SURGERY(HSS), IS COMMITTED TO ENSURING THAT ITS EXECUTIVE COMPENSATION PROGRAM ADHERES TO THE HIGHEST STANDARDS OF REGULATORY COMPLIANCE AND BEST CORPORATE GOVERNANCE. THE HSS 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 EXECUTIVE COMPENSATION PHILOSOPHY. THE COMMITTEE'S DECISIONS ARE MADE IN THE BEST INTERESTS OF HSS, 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, CONSIDERING BOTH LOCAL AND NATIONAL MARKET CHALLENGES IN SUCH REGARD. ON AN ANNUAL BASIS (INCLUDING 2024), THE COMMITTEE PROVIDES THE FULL BOARD WITH AN OVERVIEW OF ITS DETERMINATIONS AND PROCESS. HSS ESTABLISHED THIS PROCESS IN AN EFFORT TO COMPLY WITH THE INTERMEDIATE SANCTIONS GUIDELINES FOR QUALIFYING FOR THE REBUTTABLE PRESUMPTION OF REASONABLENESS, AS WELL AS BEST CORPORATE GOVERNANCE PRACTICES IN ENSURING THE TRANSPARENCY OF THE EXECUTIVE COMPENSATION DECISION MAKING PROCESS WITH THE BOARD.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1Louis A. Shapiro, Former President & Chief Executive Officer, received severance pay of $2,100,000, which are included in Schedule J, Part II, Column (B)(III). Severance payments began January 2024 and ended December 2024.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule J, Part I, line 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule J, Part I, Line 4A
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HSS HORIZONS INC. IS A MEMBERSHIP CORPORATION, WITH THE HOSPITAL FOR SPECIAL SURGERY FUND, INC. AS ITS SOLE MEMBER. THE HOSPITAL FOR SPECIAL SURGERY FUND, INC. AS THE MEMBER OF HSS HORIZONS, INC., ELECTS THE BOARD OF TRUSTEES OF HSS HORIZONS, INC.

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