2015-11-03T11:05:42-06:00 2014-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2014-01-01 275547643 HUDSON HOUSE HOUSING DEVELOPMENT FUND COMPANY INC HUDS 7185811000 5901 PALISADE AVENUE RIVERDALE NY 10471 DANIEL REINGOLD PRESIDENT & CEO 7185811000 2015-10-30 1 AARON SHAPIRO P01333816 2128674000 2014 2016-03-07 17:11:31Z DANIEL REINGOLD 5901 PALISADE AVENUE RIVERDALE NY 10471 668267 0 X N/A X 2010 NY TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 7 7 4 7 0 0 0 71628 596627 594793 0 0 0 1846 596627 668267 0 0 0 0 101888 161199 0 0 0 1000748 1001537 1102636 1162736 -506009 -494469 12272480 11782256 10367995 10372240 1904485 1410016 X SEE SCHEDULE O. 0 0 914349 594793 LOW INCOME HOUSING PROVIDED TO 59 RESIDENTS AS OF DECEMBER 31, 2014. 914349 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 2 0 4 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X LUZ LIEBESKIND 7185811000 5901 PALISADE AVENUE RIVERDALE 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 ROBERT GILMAN DIRECTOR 1.00 5.00 X 0 0 0 ISADORE KREEL MD DIRECTOR 1.00 5.00 X 0 0 0 SONNY LOEFFLER DIRECTOR 1.00 5.00 X 0 0 0 MARTIN HOFFMAN DIRECTOR 1.00 5.00 X 0 0 0 JAMES A SHIFREN DIRECTOR 1.00 6.00 X 0 0 0 DANIEL REINGOLD PRESIDENT, CEO 1.00 34.00 X 0 1939756 275279 LUZ LIEBESKIND CHIEF FINANCIAL OFFICER 1.00 34.00 X 0 367814 60335 DAVID POMERANZ EVP STRATEGIC PLANNING & P 1.00 34.00 X 0 682420 145973 DAVID WEINSTEIN EXECUTIVE VP/COO 1.00 34.00 X 0 389192 59533 0 3379182 541120 0 0 1 0 0 71628 71628 SENIOR HOUSING 623990 594793 594793 594793 MISCELLANEOUS 900099 1846 1846 1846 668267 594793 0 1846 117642 117642 34557 34557 9000 9000 29879 29879 15469 15469 31300 31300 115762 107473 8289 80417 78166 2251 172039 172039 556671 556671 1162736 914349 248387 0 79015 136592 4256 2603 32333 33201 12969553 1376114 12140759 11593439 16117 16421 12272480 11782256 111851 114371 10256144 10257869 10367995 10372240 X 1904485 1410016 1904485 1410016 12272480 11782256 -494469 0 X X 0 1 X 1 1 1 X 1744751 1172130 71628 2988509 204456 596627 594793 1395876 1744751 1376586 596627 666421 4384385 0 0 0 4384385 1846 1846 1744751 1376586 596627 668267 4386231 X 0.00000 SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 701813 701813 12083639 1289576 10794063 119430 50975 68455 64671 35563 29108 11593439 CAPITAL ADVANCE 10134636 DUE TO HEBREW HOME FOR THE AGED AT RIVERDALE 64825 TENANT DEPOSITS 16421 RETAINAGE PAYABLE 41987 10257869 X 668267 0 668267 0 668267 1162736 0 1162736 0 1162736 PART X, LINE 2: HUDSON HOUSE HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2011 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 0 1 0 0 0 0 0 0 0 DANIEL REINGOLD PRESIDENT, CEO 0 1855550 0 78959 0 5247 0 246656 0 28623 0 2215035 0 1142161 LUZ LIEBESKIND CHIEF FINANCIAL OFFICER 0 347405 0 18614 0 1795 0 57198 0 3137 0 428149 0 0 DAVID POMERANZ EVP STRATEGIC PLANNING & P 0 470131 0 210460 0 1829 0 120669 0 25304 0 828393 0 0 DAVID WEINSTEIN EXECUTIVE VP/COO 0 364820 0 20953 0 3419 0 35003 0 24530 0 448725 0 0 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 - $25,822 DAVID POMERANZ - $56,360 FORM 990, PART III, LINE 1 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. RESIDENTS ALSO HAVE ACCESS TO RIVERSPRING HEALTH'S ENTIRE SYSTEM OF HEALTHCARE AND EXTENDED CARE OPTIONS. HUDSON HOUSE HOUSING DEVELOPMENT FUND COMPANY, INC. IS PART OF THE RIVERSPRING HEALTH SYSTEM. RIVERSPRING HEALTH IS DEDICATED TO HELPING OLDER ADULTS LIVE FULL LIVES. FOR NEARLY 100 YEARS, WE HAVE BEEN COMMITTED TO HEALTHY AGING AND THE HIGHEST QUALITY OF LIFE THROUGH INNOVATIVE PROGRAMS AND SERVICES DESIGNED TO MEET THE EVOLVING NEEDS OF OLDER ADULTS. WITH A FULL RANGE OF CARE SOLUTIONS INCLUDING THE NATIONALLY RECOGNIZED HEBREW HOME AT RIVERDALE, MANAGED LONG TERM CARE, ASSISTED LIVING PROGRAMS, SENIOR HOUSING, AND SPECIALIZED SERVICES SUCH AS ELDER ABUSE PREVENTION, MEMORY CARE, AND LGBT SOCIAL DAY CARE, WE EMPOWER OVER 12,000 PATIENTS, RESIDENTS, AND MEMBERS TO LIVE FORWARD EVERY DAY. 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 11 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; HHAR 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 WAS DONE IN DECEMBER 2013 FOR THE 2014 COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII IN 2014, MR. REINGOLD BECAME VESTED IN A 457(F) RETIREMENT PLAN BENEFIT AMOUNT OF $1,142,161. ALTHOUGH MR. REINGOLD EARNED THIS BENEFIT OVER HIS PRECEDING 24 YEARS OF SERVICE TO THE ORGANIZATION, DUE TO TAXATION RULES APPLYING TO NONPROFIT ORGANIZATIONS, 100% OF THE VALUE OF THE BENEFIT IS REPORTABLE AS TAXABLE INCOME TO MR. REINGOLD IN 2014 (THE YEAR HE BECAME VESTED IN THE BENEFIT). THE COMPENSATION COMMITTEE CAREFULLY REVIEWED AND APPROVED MR. REINGOLD'S RETIREMENT BENEFIT IN A MANNER FOLLOWING INTERMEDIATE SANCTIONS RULES OF FEDERAL TAX LAW. 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) 9 HEBREW HOME HOLDING CORP 0 PALISADE NURSING HOME COMPANY INC 5901 PALISADE AVENUE RIVERDALE NY 10471 132668331 NURSING HOME NY 501(C)(3) 3 HEBREW HOME HOLDING CORP 0 ELDERSERVE LICENSED HOME CARE SERVICE AGENCY INC 3547 JOHNSON AVENUE BRONX NY 10463 133900644 SERVICE AGENCY NY 501(C)(3) 9 N/A 0 RIVERDALE TERRACE HOUSING DEVELOPMENT FUND CO INC 5901 PALISADE AVENUE RIVERDALE NY 10471 133900256 HOUSING NY 501(C)(3) 9 HEBREW HOME HOLDING CORP 0 HEBREW HOME FOR THE AGED AT RIVERDALE FOUNDATION INC 5901 PALISADE AVENUE RIVERDALE NY 10471 204352212 FOUNDATION FOR HHAR NY 501(C)(3) 7 N/A 0 ELDERSERVE HEALTH INC 5901 PALISADE AVENUE RIVERDALE NY 10471 800517818 MANAGED CARE CORPORATION NY 501(C)(3) 9 HEBREW HOME HOLDING CORP 0 RIVERSPRING HEALTH HOLDING CORP 5901 PALISADE AVENUE RIVERDALE NY 10471 270996795 TO SUPPORT HEALTHCARE SERVICES NY 501(C)(3) 11 TYPE 1 N/A 0 NATIONAL ALZHEIMER'S CENTER INC 5901 PALISADE AVENUE RIVERDALE NY 10471 133403753 TO PROMOTE ALZHEIMER'S CARE NY 501(C)(3) 11 TYPE 1 HEBREW HOME HOLDING CORP 0 HEBREW HOME HOUSING DEVELOPMENT FUND CO INC 5901 PALISADE AVENUE RIVERDALE NY 10471 132956755 HOUSING NY 501(C)(3) 9 HEBREW HOME HOLDING CORP 0 RIVERSPRING SERVICES CORP 5901 PALISADE AVENUE RIVERDALE NY 10471 461763915 MANAGEMENT COMPANY NY 501(C)(3) 11 TYPE II HEBREW HOME HOLDING CORP 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0