Overview
What is The Hospital For Special Surgery Fund Inc?
The Hospital for Special Surgery Fund Inc is a New York-based nonprofit organization dedicated to raising funds for the charitable, educational, and scientific initiatives of its affiliate, The Hospital for Special Surgery, and other healthcare-related charitable organizations. With a team of 50 employees, the organization's primary mission is to support the world-class care provided by the Hospital for Special Surgery, which helps patients regain mobility and advances research in orthopedic and rheumatologic conditions. In 2022, the organization facilitated the raising of approximately $73 million for capital, research, endowment, educational, and operational purposes for its affiliate, in addition to contributing approximately $246,000 to other charitable organizations. The Hospital for Special Surgery is recognized for its excellence in patient care and consistently ranks highly in US News and World Reports' specialties. It is also a Magnet Hospital for excellence in nursing service.
Official website here: www.hss.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 47%, Zero-Star out of Four Star rating.
The Hospital For Special Surgery Fund Inc has received a low rating of 47% from Charity Navigator, resulting in a Zero-Star rating. This indicates significant concerns regarding the organization's financial health and effectiveness, particularly in terms of program expenses and fundraising efficiency, both of which scored poorly. The organization has strong accountability practices, as evidenced by its independent board members and robust governance policies.
On the positive side, the charity demonstrates high standards in accountability and financial oversight, with a fully independent board and effective audit practices. The organization has no reported issues with material diversion of assets, indicating a commitment to ethical management. However, while these governance features are commendable, they are overshadowed by severe deficiencies in financial performance metrics, which raise questions about the charity's operational priorities.
Overall, while The Hospital For Special Surgery Fund Inc shows strength in governance and accountability, the lack of financial efficiency and low program expense ratio suggests that the organization may not be effectively utilizing its resources to fulfill its mission. This significant imbalance highlights a need for improvement in financial management to enhance its service delivery impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Hospital For Special Surgery Fund Inc legitimate?
The Hospital For Special Surgery Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hospital For Special Surgery Fund Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,749,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,898,019
For more financial information, click here
Official website here: www.hss.edu
What is the mission statement of The Hospital For Special Surgery Fund Inc?
The Hospital For Special Surgery Fund Inc is dedicated to raising funds to support the charitable, educational, and scientific endeavors of its affiliate, The Hospital for Special Surgery, and other healthcare-related charitable organizations. Through its financial contributions, the organization enables these entities to provide world-class care and advance research initiatives in the field of orthopedic and rheumatologic conditions. The Hospital for Special Surgery is renowned for its patient care and consistently ranks among the top in its specialties by US News and World Reports. In 2022, The Hospital For Special Surgery Fund Inc facilitated approximately $73 million in funds for capital, research, endowment, educational, and operational purposes at The Hospital for Special Surgery. Furthermore, the organization contributed approximately $246,000 to various other charitable organizations that same year.
Official website here: www.hss.edu
Who is the CEO of The Hospital For Special Surgery Fund Inc?
Louis Shapiro is the Principal Officer of The Hospital For Special Surgery Fund Inc. The CEO's salary of The Hospital For Special Surgery Fund Inc is $624,698 and their total compensation is $4,254,269.
Official website here: www.hss.edu
What is the revenue of The Hospital For Special Surgery Fund Inc?
The Hospital For Special Surgery Fund Inc's revenue in 2022 was $29,472,765.
Official website here: www.hss.edu
Who are the executives of The Hospital For Special Surgery Fund Inc and what are their salaries?
The average compensation at The Hospital For Special Surgery Fund Inc during 2022 was $152,952. There are 50 employees and 47 volunteers at The Hospital For Special Surgery Fund Inc.
Here are 56 key members and their salaries (The Hospital For Special Surgery Fund Inc's CEO's salary is $624,698 and their total compensation is $4,254,269):
- Compensation: $624,698
- Related: $3,539,963
- Other: $89,608
- Compensation: $73,900
- Related: $2,389,429
- Other: $76,529
- Compensation: $0
- Related: $1,107,985
- Other: $51,020
- Compensation: $52,972
- Related: $1,006,466
- Other: $62,905
- Compensation: $911,104
- Related: $0
- Other: $68,008
- Compensation: $0
- Related: $523,784
- Other: $32,169
- Compensation: $433,946
- Related: $0
- Other: $42,635
- Compensation: $365,048
- Related: $0
- Other: $37,532
- Compensation: $355,278
- Related: $0
- Other: $39,200
- Compensation: $227,797
- Related: $0
- Other: $28,391
- Compensation: $214,172
- Related: $0
- Other: $18,021
- Compensation: $0
- Related: $116,283
- Other: $62,229
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hss.edu
Where can I find the form 990 for The Hospital For Special Surgery Fund Inc?
The Hospital For Special Surgery Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hss.edu
Learn more at the official website: www.hss.edu
Mission Statement of The Hospital For Special Surgery Fund Inc
The Hospital For Special Surgery Fund Inc is a charitable organization dedicated to raising funds for the philanthropic, educational, and scientific endeavors of its tax-exempt affiliate, The Hospital for Special Surgery, and other healthcare-related charitable organizations. By doing so, it plays a crucial role in supporting the mission of these organizations to deliver world-class care and advance research initiatives for orthopedic and rheumatologic conditions.
The Hospital for Special Surgery is renowned for its exceptional patient care, consistently ranking among the top in its specialties by U.S. News & World Reports. The organization is also Magnet-designated for excellence in nursing services. In 2022, The Hospital For Special Surgery Fund Inc contributed significantly to its affiliate's efforts, raising approximately $73 million for capital, research, endowment, educational, and operating purposes. This substantial support enabled the Hospital for Special Surgery to continue providing world-class care and advancing treatments for its patients.
Beyond its contributions to The Hospital for Special Surgery, The Hospital For Special Surgery Fund Inc also extended its support to other charitable organizations, contributing approximately $246,000 in 2022. By raising funds for these various charitable causes, The Hospital For Special Surgery Fund Inc plays a vital role in enhancing the capabilities of healthcare organizations and ultimately improving the lives of those in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Hospital For Special Surgery Fund Inc plays a crucial role in enhancing healthcare services and advancing medical research. By raising approximately $73 million in 2022, it supports the Hospital for Special Surgery (HSS) in its mission to provide world-class patient care, particularly in orthopedic and rheumatologic conditions. This funding enables HSS to explore new treatment methods, improve patient outcomes, and maintain its status as a top-ranked facility in the U.S. News and World Report listings.
Additionally, the Fund contributes to other healthcare-related charitable organizations, with nearly $246,000 allocated in 2022, amplifying its impact within the broader healthcare community. HSS's recognition as a Magnet Hospital highlights its commitment to excellence in nursing, which is further bolstered by the resources provided through the Fund. The organization's efforts not only advance healthcare standards but also foster innovation and education in medical practices, ultimately benefiting patients and communities in New York and beyond.
This information is meant to be a general summary of The Hospital For Special Surgery Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,531,109
- Program Service Revenue: $9,768,607
- Gross Receipts: $49,997,095
Assets and Liabilities:
- Total Assets: $115,842,743
- Total Liabilities: $28,221,434
- Net Assets: $87,621,309
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PURCHASED SERVICE REVENUE
Revenue
$9,768,607
Organization Details
Founding Year
1984
Phone
(212) 606-1000Principal Officer
Louis Shapiro
Main Address
535 EAST 70TH STREET, NEW YORK, NY, 10021
Website
www.hss.eduNTEE Category
Code: E110 - Health
If you are a representative of The Hospital For Special Surgery Fund Inc 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.