2017-10-25T07:12:35-05:00 2016-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2016-01-01 204352212 HEBREW HOME FOR THE AGED AT RIVERDALE FOUNDATION INC C/O HEBREW HOME FOR AGED HEBR 7185811000 5901 PALISADE AVENUE BRONX NY 10471 LUZ LIEBESKIND CHIEF FINANCIAL OFFICER 7185811000 2017-10-24 1 AARON SHAPIRO P01333816 2128674000 38.98.118.70 2017-10-24 13:55:08 ED P D7076C0EC39B17C3336BFEA465ABF20A32036F2A 73A2BDB4DEE3E1301F7FB9DCBA9193E2BC5F7900 2016 2021-01-29 14:40:06Z DANIEL REINGOLD 5901 PALISADE AVENUE BRONX NY 10471 15963717 0 X N/A X 2006 NY TO PROVIDE ASSISTANCE TO PROGRAMS FOR THE ELDERLY IN THE NEW YORK AREA. 9 9 3 8 0 0 2005519 2553349 0 0 12462953 731455 -360184 -375951 14108288 2908853 2044449 138663 0 0 481073 466377 0 0 688506 718898 744486 3244420 1349526 10863868 1559327 72107731 73624055 13545239 13266696 58562492 60357359 X SEE SCHEDULE O. 0 0 430344 138663 HEBREW HOME FOR THE AGED AT RIVERDALE FOUNDATION, INC. PROVIDES ASSISTANCE TO PROGRAMS FOR THE ELDERLY IN THE NEW YORK AREA. 430344 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 3 1 0 1 CJ 0 0 0 1 1 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X LUZ LIEBESKIND 7185811000 5901 PALISADE AVENUE BRONX NY 10471 X JEFFREY S MAURER CHAIRMAN 1.00 9.00 X X 0 0 0 JOSEPH WYGODA TREASURER & SECRETARY 1.00 9.00 X X 0 0 0 ANDREW GAINES TRUSTEE 1.00 6.00 X 0 0 0 ISADORE KREEL TRUSTEE 1.00 5.00 X 0 0 0 STANLEY M KATZ TRUSTEE (UNTIL 9/2016) 1.00 3.00 X 0 0 0 RICHARD S LANE TRUSTEE 1.00 4.00 X 0 0 0 KENNETH S LAZAR TRUSTEE 1.00 4.00 X 0 0 0 BURTON P RESNICK TRUSTEE 1.00 4.00 X 0 0 0 JAMES SHIFREN TRUSTEE 1.00 6.00 X 0 0 0 THOMAS S ROGERS DIRECTOR 1.00 3.00 X 0 0 0 DANIEL REINGOLD PRESIDENT, CEO 1.00 34.00 X 0 1260650 47726 LUZ LIEBESKIND CFO/ASST. SECRETARY/TREASURER 1.00 34.00 X 0 449877 47963 DAVID POMERANZ CHIEF OPERATING OFFICER 1.00 34.00 X 0 582475 94798 0 2293002 190487 5 0 1 0 WALDORF ASTORIA 301 PARK AVENUE NEW YORK NY 10022 CATERING AND EVENT 295904 PERKINS EASTMAN ARCHITECTS PC 115 5TH AVENUE NEW YORK NY 10011 ARCHITECTURE 235413 ANDREWS INTERNATIONAL 27959 SMYTH DRIVE VALENCIA CA 91355 SECURITY 177591 KRAMER LEVIN NAFTALIS AND FRANKEL LLP 1177 AVENUE OF THE AMERICAS NEW YORK NY 10036 LEGAL 156589 CAPITAL PROJECTS CONSULTING LLC 153 BROADWAY HAWTHORNE NY 10532 CONSULTING 105173 5 1465505 656458 431386 2553349 665952 665952 12584976 12519473 65503 65503 65503 159440 1465505 535391 -375951 -375951 2908853 0 0 355504 X 138663 138663 333010 333010 107892 107892 25475 25475 39287 39287 48221 48221 15100 15100 25734 25734 263539 212039 51500 96392 96392 184738 58949 65720 60069 20693 20693 CENTENNIAL ARCHIVE AND 36614 36614 MISCELLANEOUS 14168 14168 1349526 430344 230676 688506 1280364 12123588 774120 23219128 16964210 172267 115996 7009823 22472018 6698960 6637847 22883965 24111600 0 1267900 72107731 73624055 245692 266696 13000000 13000000 299547 0 13545239 13266696 X 36288008 44420514 22274484 15936845 58562492 60357359 72107731 73624055 1559327 235540 0 X X 0 1 X 1 0 X 1800535 1786999 6146456 2005519 2553349 14292858 1800535 1786999 6146456 2005519 2553349 14292858 3234331 11058527 139798 67223 48889 183493 665952 1105355 11500 11500 15409713 0.71760 0.72370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 TIFF MULTI ASSET 6637847 F 6637847 REAL ESTATE 24111600 F 24111600 X 3144393 235540 235540 2908853 0 2908853 1349526 0 1349526 0 1349526 PART X, LINE 2: THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2013 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. ANNUAL DINNER 1624945 1465505 159440 60000 235904 21000 218487 1624945 1465505 159440 60000 235904 21000 218487 535391 -375951 1 MONTEFIORE MEDICAL CENTER 111 EAST 210 STREET BRONX NY 10467 131740114 501(C)(3) 15000 GENERAL SUPPORT YOUNG AUDIENCES 171 MADISON AVENUE SUITE 200 NEW YORK NY 10016 131688246 501(C)(3) 10000 GENERAL SUPPORT SAGE 305 SEVENTH AVENUE NEW YORK NY 10001 132947657 501(C)(3) 15000 GENERAL SUPPORT WEILL CORNELL MEDICINE 1300 YORK AVENUE BOX 314 NEW YORK NY 10065 150532082 501(C)(3) 7500 GENERAL SUPPORT 4 0 PART I, LINE 2: THE ORGANIZATION ONLY GAVE GRANTS TOWARDS FUNDRAISING EVENTS FOR HOSPITALS AND OTHER COMMUNITY PARTNERS THEY WORK WITH, ENSURING THAT THE FUNDS ARE USED FOR THE PROPER PURPOSES. 0 1 0 0 0 0 0 0 0 DANIEL REINGOLD PRESIDENT, CEO 0 698863 0 115255 0 446532 0 21200 0 26526 0 1308376 0 406623 LUZ LIEBESKIND CFO/ASST. SECRETARY/TREASURER 0 373426 0 31875 0 44576 0 44025 0 3938 0 497840 0 18584 DAVID POMERANZ CHIEF OPERATING OFFICER 0 459594 0 74741 0 48140 0 90860 0 3938 0 677273 0 21341 PART I, LINE 3 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 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 - $28,125 DAVID POMERANZ - $69,660 FORM 990, PART III, LINE 1 THE HEBREW HOME FOR THE AGED AT RIVERDALE FOUNDATION, INC. (THE FOUNDATION) OPERATES EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. IT IS THE MISSION OF THE FOUNDATION TO PROVIDE ASSISTANCE AND GRANTS THROUGH THE SOLICITATION, RECEIPT AND DISBURSEMENT OF FUNDS, INCOME AND REAL OR TANGIBLE PERSONAL PROPERTY OBTAINED BY BEQUESTS, GIFTS, DONATIONS, OR OTHERWISE TO THE HEBREW HOME FOR THE AGED AT RIVERDALE, AND ITS AFFILIATES, PALISADE NURSING HOME COMPANY, RIVERDALE TERRACE HOUSING DFC, INC., HEBREW HOME HOUSING DEVELOPMENT FUND COMPANY, INC., THE NATIONAL ALZHEIMER CENTER, INC., RIVERSPRING LICENSED HOME CARE SERVICES AGENCY INC. (FORMERLY KNOWN AS ELDERSERVE LICENSED HOME CARE SERVICES AGENCY INC.), HUDSON HOUSE HOUSING DEVELOPMENT FUND COMPANY, INC. D/B/A HUDSON HOUSE, ELDERSERVE HEALTH, INC. D/B/A RIVERSPRING HEALTH PLANS, AND ANY OTHER ENTITY DEDICATED TO SENIOR CARE OR SENIOR RESEARCH, PROVIDED THE RECIPIENT OF THE ASSISTANCE OR GRANT IS QUALIFIED UNDER SECTION 501(3) OF THE CODE AND SUCH RECIPIENT IS NOT A PRIVATE FOUNDATION PURSUANT TO SECTION 509(A) OF THE CODE. THE FOUNDATION 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 12,000 PATIENTS, RESIDENTS AND MEMBERS TO LIVE FORWARD EVERY DAY. FORM 990, PART VI, SECTION A, LINE 2 STANLEY M. KATZ AND BURTON P. RESNICK - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE 990 WITH THE CHIEF FINANCIAL OFFICER AND THE PREPARER, AND REPORTS THEIR FINDINGS TO THE FULL BOARD OF DIRECTORS. 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 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 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 IX, LINE 11G RECRUITMENT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 17,000. TOTAL EXPENSES 17,000. SECURITY: PROGRAM SERVICE EXPENSES 164,929. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 164,929. LANDSCAPING: PROGRAM SERVICE EXPENSES 39,010. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 39,010. OTHER: PROGRAM SERVICE EXPENSES 8,100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,100. PLANNED GIVING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 34,500. TOTAL EXPENSES 34,500. FORM 990, PART XII, LINE 2C 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 RIVERSPRING HEALTH HOLDING CORP 0 PALISADE NURSING HOME COMPANY INC 5901 PALISADE AVENUE RIVERDALE NY 10471 132668331 NURSING HOME NY 501(C)(3) 3 RIVERSPRING HEALTH HOLDING CORP 0 HEBREW HOME HOUSING DEVELOPMENT FUND CO INC 5901 PALISADE AVENUE RIVERDALE NY 10471 132956755 HOUSING NY 501(C)(3) 10 RIVERSPRING HEALTH HOLDING CORP 0 RIVERSPRING LICENSED HOME CARE SERVICE AGENCY INC 3547 JOHNSON AVENUE BRONX NY 10463 133900644 SERVICE AGENCY NY 501(C)(3) 10 N/A 0 RIVERDALE TERRACE HOUSING DEVELOPMENT FUND CO INC 5901 PALISADE AVENUE RIVERDALE NY 10471 133900256 HOUSING NY 501(C)(3) 10 RIVERSPRING HEALTH HOLDING CORP 0 ELDERSERVE HEALTH INC DBA RIVERSPRING HEALTH PLANS 5901 PALISADE AVENUE RIVERDALE NY 10471 800517818 MANAGED CARE CORPORATION NY 501(C)(3) 10 RIVERSPRING HEALTH HOLDING CORP 0 RIVERSPRING HEALTH HOLDING CORP 5901 PALISADE AVENUE RIVERDALE NY 10471 270996795 TO SUPPORT HEALTHCARE SERVICES NY 501(C)(3) 12 TYPE I N/A 0 NATIONAL ALZHEIMER'S CENTER INC 5901 PALISADE AVENUE RIVERDALE NY 10471 133403753 TO PROMOTE ALZHEIMER'S CARE NY 501(C)(3) 12 TYPE I RIVERSPRING HEALTH HOLDING CORP 0 HUDSON HOUSE HOUSING DEVELOPMENT FUND CO INC DBA HUDSON HOUSE 5901 PALISADE AVENUE RIVERDALE NY 10471 275547643 HOUSING NY 501(C)(3) 10 RIVERSPRING HEALTH HOLDING CORP 0 RIVERSPRING SERVICES CORP 5901 PALISADE AVENUE RIVERDALE NY 10471 461763915 MANAGEMENT COMPANY NY 501(C)(3) 12 TYPE II RIVERSPRING HEALTH HOLDING CORP 0 RIVERSPRING HEALTH SENIOR LIVING INC 5901 PALISADE AVENUE RIVERDALE NY 10471 465584538 SENIOR LIVING NY 501(C)(3) 10 RIVERSPRING HEALTH HOLDING CORP 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0