2019-11-11T19:57:03-06:00 2018-12-31 BKD LLP 655 Third Avenue 1200 New York NY 10017 990 2018-01-01 132956755 Hebrew Home Housing Development Fund Company Inc % LUZ LIEBESKIND HEBR 7185811298 5901 Palisade Avenue Bronx NY 10471 LUZ LIEBESKIND CFO/Asst Secretary 7185811298 2019-05-15 true Aaron Shapiro P01333816 2128674000 167.68.126.162 26511920193155000021 2019-11-11 P 0951E2A8C0832E29A3033740454C77259380F658 8BAB167CC20738F3D1E6B133BEB8A02CA90C437F 2018 2020-01-14 16:20:31Z Riverwalk LUZ LIEBESKIND 5901 Palisade Avenue Bronx NY 10471 8106514 false X www.riverspringhealth.org X 1978 NY to provide independent senior housing in a safe, congenial environment. 7 7 53 7 0 0 450 7797260 7996525 33060 25832 173672 83707 8003992 8106514 0 0 0 0 2878863 3139557 0 0 0 4733048 4872322 7611911 8011879 392081 94635 15137512 14554388 17739028 17195840 -2601516 -2641452 X IT IS THE MISSION OF THE HEBREW HOME HOUSING DEVELOPMENT COMPANY INC. TO PROVIDE INDEPENDENT SENIOR HOUSING IN A SAFE, CONGENIAL ENVIRONMENT THAT PROMOTES INDEPENDENCE AND GRACIOUS LIVING. RIVERWALK, THE HEBREW HOME HOUSING DEVELOPMENT COMPANY INC.'S SENIOR HOUSING FACILITY, IS LOCATED ON THE CAMPUS OF THE HEBREW HOME AT RIVERDALE. AN EXTENSIVE COMPLEMENT OF SERVICES AND CONVENIENCES IS OFFERED. HEBREW HOME HOUSING DEVELOPMENT COMPANY INC. IS PART OF A GROUP OF LONG TERM CARE AFFILIATES UNDER A COMMON BRAND NAME "RIVERSPRING HEALTH". RIVERSPRING HEALTH PROVIDES A FULL RANGE OF CARE SOLUTIONS INCLUDING NURSING HOME CARE, MANAGED LONG TERM CARE, ASSISTED LIVING PROGRAMS, SENIOR HOUSING, REHABILITATION SERVICES AND SPECIALIZED SERVICES SUCH AS ELDER ABUSE PREVENTION AND MEMORY CARE. COLLECTIVELY, RIVERSPRING EMPOWERS OVER 18,000 PATIENTS, RESIDENTS AND MEMBERS TO LIVE FORWARD EVERY DAY. RESIDENTS ALSO HAVE ACCESS TO RIVERSPRING HEALTH'S ENTIRE NETWORK OF HEALTHCARE AND EXTENDED CARE OPTIO false false 7184801 7996525 HOUSING AND OTHER SERVICES PROVIDED TO 137 RESIDENTS. THE MONTHLY FEE INCLUDES MEALS, ACTIVITIES, TRANSPORTATION , FITNESS CENTER, ALL UTILITIES, AND BASIC CABLE, AS WELL AS HOUSEKEEPING AND LINEN SERVICE. 7184801 true false false false false false false false true false true false false true false false true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 30 0 53 true false false false false false false false false false false false false X 7 7 false false false false true false false true true false false true true true true true true true true false NY X LUZ LIEBESKIND 7185811000 5901 PALISADE AVENUE bronx NY 10471 X Jeffrey S Maurer Chairman 1.0 8.0 X X 0 0 0 joseph wygoda Treasurer and secretary 1.0 7.0 X X 0 0 0 Martin Hoffman trustee 1.0 3.0 X 0 0 0 Isadore Kreel MD trustee 1.0 4.0 X 0 0 0 joel hollander trustee 1.0 3.0 X 0 0 0 farooq kathwari trustee 1.0 5.0 X 0 0 0 James A Shifren trustee 1.0 5.0 X 0 0 0 daniel Reingold president, ceo 1.0 36.0 X 0 1444787 53664 Luz Liebeskind cfo/Asst. Secretary/Treasurer 1.0 36.0 X 0 519935 30577 david pomeranz Chief Operating Officer 1.0 36.0 X 0 707055 29448 0 2671777 113689 0 false true false US Security Associates 350 5th Ave Suite LL NEW YORK NY 10118 security 103789 1 450 450 Senior housing 623990 7985525 7985525 new resident fee 623990 11000 11000 7996525 25832 25832 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous 900099 22363 22363 garden market 445100 61344 61344 83707 8106514 7996525 109539 0 0 0 0 0 0 1981262 1729279 251983 723571 631545 92026 283157 247144 36013 151567 132290 19277 222308 222308 0 0 0 0 0 141514 141514 61261 61261 608302 544345 63957 0 0 2323316 2323316 59502 59502 0 0 0 0 909306 909306 41383 41383 FOOD 505430 505430 8011879 7184801 827078 0 1486095 1480135 0 0 0 0 69343 406118 0 0 0 0 0 0 0 0 498046 552155 33140315 24163812 9687896 8976503 1277384 2142813 0 0 0 0 0 0 2118748 996664 15137512 14554388 412099 407954 0 0 67500 68500 0 0 611054 718601 0 0 16648375 16000785 0 0 0 0 17739028 17195840 X -2601516 -2641452 0 0 0 0 -2601516 -2641452 15137512 14554388 X 94635 -134571 X X false true X true false X 0 0 0 0 450 450 7254811 7648060 7784606 7797260 7996525 38481262 0 0 0 7254811 7648060 7784606 7797260 7996975 38481712 0 0 0 38481712 9279 6394 5114 37888 25832 84507 0 9279 6394 5114 37888 25832 84507 0 163239 80701 83177 173672 83707 584496 7427329 7735155 7872897 8008820 8106514 39150715 0.98291 0.96370 0.00216 0.00170 X false true X 63778 63778 30632004 22179479 8452525 2444533 1984333 460200 8976503 TENANT SECURITY DEPOSITS 718601 DUE FROM HHAR 278063 996664 7971943 -134571 -134571 8106514 8106514 8011879 8011879 8011879 Part iv, line 2b Riverwalk had security deposits totaling $718,601 held in escrow as of 12/31/18. this represents a liability due to the tenants. part xi, line 2d Change in value in equity interest in a pooled investment fund -134,571 false true false false false false false false false daniel Reingold president, ceo 833930 197910 412947 21800 31864 1498451 david pomeranz Chief Operating Officer 593674 41510 71871 24750 4698 736503 Luz Liebeskind cfo/Asst. Secretary/Treasurer 450593 39734 29608 19071 11506 550512 Part I, line 3 THE CEO AND OFFICERS AND SELECT KEY EMPLOYEES' COMPENSATION IS PAID THROUGH A RELATED MANAGEMENT SERVICE ORGANIZATION; RIVERSPRING SERVICES CORP. COMPENSATION IS ALLOCATED TO EACH RELATED ENTITY BASED ON AN APPROVED METHODOLOGY. DETERMINATION OF THE COMPENSATION IS BASED ON INDEPENDENT COMPARATIVE ANALYSIS OF COMPENSATION LEVELS FOR OTHER CEO'S AND OFFICERS IN ORGANIZATIONS OF SIMILAR SIZE IN THE LONG-TERM CARE INDUSTRY PRIMARILY IN THE NY METROPOLITAN AREA. THIS IS DONE BY AN INDEPENDENT COMPENSATION CONSULTANT AND THE INFORMATION IS THEN REVIEWED BY A COMPENSATION COMMITTEE AND APPROVED BY THE FULL BOARD OF THE RELATED ENTITIES PAYING THE COMPENSATION. Part I, line 4b Luz Liebeskind - $39,734 David Pomeranz - $41,510 form 990, part vi, section a, line 6 RIVERSPRING HEALTH HOLDING CORP. IS THE SOLE MEMBER OF HEBREW HOME HOUSING DEVELOPMENT FUND CO., INC. FORM 990, PART VI , SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE 990 WITH THE CHIEF FINANCIAL OFFICER AND THE PREPARER, AND REPORTS its FINDINGS TO THE FULL BOARD OF DIRECTORS. THE COMPLETE 990 IS ALSO MADE AVAILABLE FOR THE ENTIRE BOARD OF DIRECTORS TO REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C ON A YEARLY BASIS, THE COMPLIANCE OFFICER, WORKING WITH ADMINISTRATION, DISTRIBUTES CONFLICT OF INTEREST QUESTIONNAIRES TO BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES WITH INSTRUCTIONS TO COMPLETE THE FORMS AND RETURN THEM TO THE COMPLIANCE OFFICER. THE COMPLIANCE OFFICER REVIEWS ALL SUBMITTED FORMS AND IDENTIFIES ANY CONFLICTS WHICH NEED TO BE REPORTED, CONSULTING WITH LEGAL COUNSEL, IF NECESSARY. THE COMPLIANCE OFFICER NOTIFIES THE CHAIRMAN OF THE BOARD AND THE CEO OF ANY CONFLICTS SO THAT CONFLICTED INDIVIDUALS APPROPRIATELY RECUSE THEMSELVES FROM DISCUSSIONS AND VOTING ON MATTERS ON WHICH THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND OFFICERS AND KEY EMPLOYEES' COMPENSATION IS PAID THROUGH A RELATED MANAGEMENT SERVICE ORGANIZATION; RIVERSPRING SERVICES CORP. COMPENSATION IS ALLOCATED TO EACH RELATED ENTITY BASED ON AN APPROVED METHODOLOGY. DETERMINATION OF THE COMPENSATION IS BASED ON INDEPENDENT COMPARATIVE ANALYSIS OF COMPENSATION LEVELS FOR OTHER CEO'S AND OFFICERS IN ORGANIZATIONS OF SIMILAR SIZE IN THE LONG-TERM CARE INDUSTRY PRIMARILY IN THE NY METROPOLITAN AREA. THIS IS DONE BY AN INDEPENDENT COMPENSATION CONSULTANT AND THE INFORMATION IS THEN REVIEWED BY A COMPENSATION COMMITTEE AND APPROVED BY THE FULL BOARD OF THE RELATED ENTITIES PAYING THE COMPENSATION. THIS PROCESS TAKES PLACE EACH DECEMBER. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII IN 2014 AT AGE 60, MR. REINGOLD BECAME 100% VESTED IN A 457(F) RETIREMENT/PENSION BENEFIT THAT HE EARNED OVER THE THEN 24 YEARS OF SERVICE TO THE ORGANIZATION. THIS BENEFIT WILL BE PAID OVER THE NEXT 5 YEARS IN ANNUAL AMOUNTS OF $406,623. DUE TO TAXATION RULES, 100% OF THE VALUE OF THE BENEFIT IS REQUIRED TO BE REPORTED AS TAXABLE INCOME. BOTH AN INDPENEDENT ADVISOR AND THE RIVERSPRING COMPENSATION COMMITTEE REVIEWED AND APPROVED THIS BENEFIT, AFFIRMING ITS COMPLIANCE WITH INTERMEDIATE SANCTIONS RULES OF FEDERAL TAX LAW. FORM 990, PART XI, LINE 9 Change in value in equity interest in a pooled investment fund -134,571 FORM 990, PART XII, LINE 2C the PROCESS HAS NOT CHANGED FROM PRIOR YEAR. Hebrew Home For The aged at Riverdale 5901 Palisade Avenue Riverdale NY 10471 131739971 Nursing Home NY 501(C)(3) 10 rshhc false Riverdale Terrace Housing Develop Fund 5901 Palisade Avenue riverdale NY 10471 133900256 Housing NY 501(c)(3) 10 rshhc false Hebrew Home For The aged Foundation 5901 Palisade Avenue riverdale NY 10471 204352212 Foundation NY 501(c)(3) 7 NA false Elderserve Health Inc 5901 Palisade Avenue riverdale NY 10471 800517818 Managed Care NY 501(c)(3) 10 rshhc false Riverspring Health Holding Corp 5901 Palisade Avenue Riverdale NY 10471 270996795 support svcs NY 501(c)(3) 12 type i na false NATIONAL ALZHEIMER'S CENTER iNC 5901 Palisade Avenue Riverdale NY 10471 133403753 promote care NY 501(c)(3) 12 type i rshhc false HUDSON HOUSE HOUSING DEVELOPMENT FUND Co 5901 Palisade Avenue Riverdale NY 10471 275547643 housing NY 501(c)(3) 10 rshhc false Riverspring Services Corp 5901 Palisade Avenue Riverdale NY 10471 461763915 mgmt company NY 501(c)(3) 12 type ii rshhc false Riverspring Health Senior Living Inc 5901 Palisade Avenue Riverdale NY 10471 465584538 senior living NY 501(c)(3) 10 rshhc false riverspring pooled ASSET FUND 1 LLC 5901 Palisade Avenue riverdale NY 10471 822742454 Manages invest. NY NA false true false false false true false false false false false false false false true false true true false false false