2019-11-11T19:57:03-06:00 2018-12-31 BKD LLP 655 Third Avenue 1200 New York NY 10017 990 2018-01-01 275547643 Hudson House Housing Development Fund Company Inc % LUZ LIEBESKIND HUDS 7185811000 5901 Palisade Avenue Riverdale NY 10471 LUZ LIEBESKIND cfo/asst. secretary 2128674000 2019-04-29 true Aaron Shapiro P01333816 2128674000 167.68.126.162 26511920193155000019 2019-11-11 P 89205EC730D9E2CDB33E7921E4EB252967AD29DB 8BAB167CC20738F3D1E6B133BEB8A02CA90C437F 2018 2020-03-31 21:24:44Z LUZ LIEBESKIND 5901 Palisade Avenue Riverdale NY 10471 733850 false X www.riverspringhealth.org X 2010 NY to provide low income housing for the elderly under section 202 of the national housing act. 7 7 6 7 0 0 0 710482 707349 503 2317 24012 24184 734997 733850 0 0 0 0 177580 188062 0 0 0 1038975 1030875 1216555 1218937 -481558 -485087 10451363 9951353 10461245 10446322 -9882 -494969 X IT IS THE MISSION OF HUDSON HOUSE HOUSING DEVELOPMENT FUND COMPANY, INC. TO PROVIDE HOUSING FOR PERSONS OF LOW INCOME AND IN PARTICULAR TO PROMOTE THE WELFARE OF THE ELDERLY AND TO PROVIDE ELDERLY PERSONS AND DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND WELL BEING. HUDSON HOUSE HOUSING DEVELOPMENT FUND 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 EXTENDE false false 958582 707349 LOW INCOME HOUSING PROVIDED TO 63 RESIDENTS AS OF DECEMBER 31, 2018. 958582 true false false false false false false false true false true false false false true 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 true 0 0 6 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 riverdale NY 10471 X Jeffrey S Maurer Chairman 1.0 8.0 X X 0 0 0 joseph Wygoda treasurer/secretary 1.0 7.0 X X 0 0 0 joel hollander trustee 1.0 3.0 X 0 0 0 isadore kreel md trustee 1.0 5.0 X 0 0 0 farooq kathwari trustee 1.0 3.0 X 0 0 0 Martin Hoffman trustee 1.0 3.0 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 andrewS international pO Box 417142 BOSTON MA 02241 security 122832 1 0 senior Housing 623990 707349 707349 707349 2317 2317 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Miscellaneous 900099 24184 24184 24184 733850 707349 26501 X 0 0 0 0 0 0 134280 134280 0 43510 43510 10272 10272 40550 40550 0 16104 16104 0 0 0 126376 126376 0 40492 36113 4379 0 0 284420 273160 11260 0 0 0 0 0 522933 522933 0 0 Bad debt 0 1218937 958582 260355 0 0 0 456881 456954 0 0 1681 1131 0 0 0 0 0 0 0 0 47894 36010 12939015 3501232 9928697 9437783 0 0 0 0 0 0 0 0 16210 19475 10451363 9951353 133883 96916 0 0 0 0 0 0 16210 16529 0 0 0 0 0 0 10311152 10332877 10461245 10446322 X -9882 -494969 0 0 0 0 -9882 -494969 10451363 9951353 -485087 X X false true X true true true X 71628 0 0 0 0 71628 594793 596408 703624 710482 707349 3312656 0 0 0 666421 596408 703624 710482 707349 3384284 0 0 0 3384284 49 320 503 2317 3189 0 49 320 503 2317 3189 0 1846 28516 24000 24012 24184 102558 668267 624973 727944 734997 733850 3490031 0.96970 0.97640 0.00091 0.00030 X false true X 701813 701813 12037068 3345040 8692028 200134 156192 43942 9437783 0 DUE TO HEBREW HOME FOR THE AGED 198583 CAPITAL ADVANCE 10134294 10332877 733850 733850 733850 1218937 1218937 1218937 PART IV, line 2b HUDSON HOUSE HOUSING DEVELOPMENT FUND COMPANY, INC. HAD SECURITY DEPOSITS TOTALING $16,529 HELD IN ESCROW AS OF 12/31/18. THIS REPRESENTS A LIABILITY DUE TO THE TENANTS. 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 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 HUDSON HOUSE HOUSING DEVELOPMENT FUND COMPANY, 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. 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 BEGINNING AUGUST 29, 2015 THROUGH AUGUST 29, 2019 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 XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990 PART IX LINE 11G DESCRIPTION:SECURITY TOTAL FEES:122832 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER TOTAL FEES:3544 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 Development Fu 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 rshhc false NATIONAL ALZHEIMER'S CENTER iNC 5901 Palisade Avenue Riverdale NY 10471 133403753 promote care NY 501(c)(3) 12 type i rshhc false Hebrew Home Housing Develop Fund Co 5901 Palisade Avenue Riverdale NY 10471 132956755 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 false false false false true false false false false false false false true false true false false false false