2025-11-14T10:20:22-06:00 2024-12-31 113266576 GRASSI & CO CPA'S PC 360 MADISON AVENUE 7TH FLOOR NEW YORK NY 10017 990 2024-01-01 134131087 VISTA ON 5TH CORP VIST 2125346464 1261 5TH AVE NEW YORK NY 10029 NICOLE ATANASIO PRESIDENT/CEO 2125346464 2025-11-14 1 0 JAIME RAPPS P01462990 2126616166 2025-11-14 2024 2025-03-06 01:10:19Z NICOLE ATANASIO 1261 FIFTH AVE NEW YORK NY 10029 10025528 0 X VISTAON5TH.ORG X 2000 NY TO PROVIDE A RESIDENCE FOR FRAIL AND ELDERLY PERSONS REGARDLESS OF THEIR ECONOMIC CIRCUMSTANCES. 13 12 64 12 0 0 146018 811600 8131569 9042191 51785 84 7920 171653 8337292 10025528 0 0 0 0 4508678 4108748 0 0 0 7077921 5472670 11586599 9581418 -3249307 444110 8792824 9003626 3177662 4121826 5615162 4881800 TO DEVELOP AND OPERATE AN ASSISTED LIVING RESIDENCE FOR FRAIL AND ELDERLY PERSONS, AND TO PROVIDE SUPPORTIVE SERVICES FOR THOSE RESIDENTS REGARDLESS OF THEIR ECONOMIC CIRCUMSTANCES. 0 0 5363287 9042275 THE CORPORATION RENTS APARTMENTS TO SENIOR CITIZENS AS PART OF AN ASSISTED LIVING PROGRAM. SUBSTANTIALLY ALL OF THE INCOME FOR THE TENANTS COMES FROM SOCIAL SECURITY, SSI AND MEDICAID, AS WELL AS SELF-PAY RESIDENTS. 5363287 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 0 64 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 NY X LORENZO CESARE 2125346464 1261 5TH AVE NEW YORK NY 10029 LEONARD WALSH CHAIR 1.00 1.00 X X 0 0 0 JAMES CAMERON FINANCE COMMITTEE CHAIR 1.00 1.00 X X 0 0 0 ANTHONY LECHICH MD DIRECTOR 1.00 1.00 X 0 0 0 CHESTER STRIPLIN DIRECTOR 1.00 1.00 X 0 0 0 GREG ERBER DIRECTOR 1.00 1.00 X 0 0 0 JOHN DIGILIO JR DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL WEBB DIRECTOR 1.00 1.00 X 0 0 0 PATRICIA FRANCIS RN DIRECTOR 1.00 1.00 X 0 0 0 RHONDA FLEMMING DIRECTOR 1.00 1.00 X 0 0 0 RANDY CLEGHORNE DIRECTOR 1.00 1.00 X 0 0 0 YVES J ADES PHD DIRECTOR 1.00 1.00 X 0 0 0 NICOLE F ATANASIO PRESIDENT/CEO 45.00 5.00 X X 194136 0 13750 SALVATORE NICOSIA VP FINANCE THROUGH 6/2024 45.00 5.00 X 138665 0 0 AMANDA GARCIA VP OF OPERATIONS 50.00 X 109595 0 0 MELODY RIVERA NURSE 50.00 X 110727 0 0 JOHN HILL DIRECTOR OF PATIENT SERVICES 50.00 X 155134 0 0 708257 0 13750 5 0 1 0 KNIGHTS CARE LLC 1261 5TH AVENUE NEWYORK NY 10029 AFFILIATION/CONSULTANT SERVICES 920381 PINNACLE DIETARY GLOBAL 2 BERGEN TURNPIKE RIDGEFIELD PARK NJ 07660 FOOD DIETARY GLOBAL 806871 VALNTINO CONSTRUCTION CORP 264 MEACHAM AVENUE ELMONT NY 11003 CONTRACTOR 498517 HUB INTERNATIONAL NORTHEAST LIMITED 100 SUNNYSIDE BOULEVARD WOODBURY NY 11797 INSURANCE/POLICIES (GENERAL LIABILITY, D 339741 CON EDISON JAF STATION PO BOX 1702 NEW YORK NY 10116 ELECTRIC/GAS 255763 7 811600 811600 RESIDENT SERVICES 531110 9042191 9042191 9042191 84 84 22022 0 22022 22022 22022 OTHER REVENUE 900099 149631 149631 149631 10025528 9042275 0 171653 X 345431 138172 207259 3179595 2039062 1140533 2525 2525 293337 184210 109127 287860 178473 109387 914381 178461 735920 49474 49474 68135 68135 1475672 627384 848288 12438 12438 503042 71860 431182 440839 440839 115696 115696 15964 15964 894525 894525 306608 306608 REPAIRS AND MAINTENANCE 279081 279081 BUILDING SERVICES 120811 120811 CREDIT LOSS EXPENSE 105616 105616 RESIDENT SERVICES 86304 86304 84084 84084 9581418 5363287 4218131 0 184528 118169 630937 838049 230382 272790 12660840 5075376 7551517 7585464 195460 189154 8792824 9003626 848607 1677459 90029 192302 104566 167031 960000 2134460 1125034 3177662 4121826 X 5615162 4881800 5615162 4881800 8792824 9003626 444110 -1177472 0 X X 0 1 X 1 0 X 903305 1408135 40122 146018 811600 3309180 6804056 6957612 7435225 8131569 9042191 38370653 7707361 8365747 7475347 8277587 9853791 41679833 0 0 0 41679833 216663 281330 59210 59705 616908 216663 281330 59210 59705 616908 149631 149631 7924024 8647077 7534557 8337292 10003422 42446372 0.98190 0.97940 0.01450 0.02060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2024 AMOUNT: $ 149,631. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5813967 560753 5253214 4225939 2829168 1396771 2620934 1685455 935479 7585464 RESIDENT FUNDS PAYABLE 798 CONSULTING PAYABLE 920000 OTHER LIABILITIES 204236 1125034 X PART IV, LINE 2B: TENANT SECURITY DEPOSITS ARE HELD IN TRUST FOR THE DURATION OF THEIR STAY. PART X, LINE 2: THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. PART IV, LINE 2B: THE ORGANIZATION MAINTAINS SECURITY DEPOSITS AS REQUIRED BY STATE LAW. LINE X, LINE 2: EACH ENTITY OF THE ORGANIZATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. DUE TO THEIR TAX EXEMPT STATUS, THE CORPORATIONS ARE NOT SUBJECT TO INCOME TAXES. THE CORPORATIONS ARE REQUIRED TO FILE AND DO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE COMBINED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATIONS HAVE NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 REMAIN OPEN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. X X X 0 0 0 0 0 0 0 1 0 NICOLE F ATANASIO PRESIDENT/CEO 182214 0 11922 0 0 0 13750 0 0 0 207886 0 0 0 JOHN HILL DIRECTOR OF PATIENT SERVICES 146134 0 9000 0 0 0 0 0 0 0 155134 0 0 0 PART I, LINE 3 THE SERVICES OF INDEPENDENT CONSULTANTS ARE RETAINED THROUGH A RELATED PARTY TO REVIEW COMPENSATION PRACTICES FOR EXECUTIVE DIRECTORS IN OTHER ORGANIZATIONS OF COMPARABLE SIZE AND TYPE. THIS MARKET ANALYSIS IS THEN REVIEWED AND USED TO DETERMINE SALARY ADJUSTMENTS. PART I, LINE 7 NICOLE F. ATANASIO RECEIVED A NONFIXED DISCRETIONARY BONUS PAYMENT DETERMINED AT THE DISCRETION OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 CONCETTO RUTA, MIKE WEBB, AND JOHN DIGILIO HAVE AE BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION IS MANAGED BY KNIGHTS CARE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE APPROPRIATE LEVEL OF MANAGEMENT, THEN IS SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW AND COMMENT; SUBSEQUENTLY THE FORM IS DISTRIBUTED TO THE ENTIRE BOARD FOR FURTHER REVIEW AND COMMENT BEFORE RETURN TO THE CPA FIRM FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS AND KEY EMPLOYEES ARE ASKED TO SIGN A STATEMENT AS PART OF EVERY ANNUAL MEETING OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A DEFINED PROCESS FOR DETERMINING COMPENSATION OF TOP MANAGEMENT OFFICIALS, OFFICERS, AND OTHER KEY EMPLOYEES OF THE ORGANIZATION. COMPENSATION IS DECIDED UPON BY AN INDEPENDENT GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. FACTORS CONSIDERED IN DETERMINING COMPENSATION INCLUDE PERFORMANCE REVIEWS, BENCHMARKING AND PERSONAL EVALUATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 237,246. MANAGEMENT AND GENERAL EXPENSES 848,288. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,085,534. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 390,138. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 390,138. FORM 990 PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DESALES ASSISTED LIVING DEVELOPMENT CORP 1261 FIFTH AVENUE NEW YORK NY 10029 133990145 ASSISTED LIVING NY 501(C)(3) LINE 10 N/A 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0