2023-11-03T14:53:32-05:00 2022-12-31 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2022-01-01 593100673 RIVER GARDEN FOUNDATION INC RIVE 9042601818 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 BETTY SORNA CHIEF FINANCIAL OFFICER 9042601818 2023-11-03 1 BETTY SORNA 999009999 0 HARRY E HARP CPA P00176471 4077405400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MAURI MIZRAHI 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 2524310 0 X WWW.RIVERGARDEN.ORG/FOUNDATION X 1987 FL PROVISION OF RESOURCES TO TAX-EXEMPT AFFILIATES TO ENHANCE QUALITY OF LIFE FOR THE AGED. 41 41 1 85 0 0 3549683 709530 0 0 164832 1727831 -21884 -211764 3692631 2225597 576461 652159 0 0 73923 83400 0 0 83483 65441 53058 715825 788617 2976806 1436980 11273998 14632127 461318 89954 10812680 14542173 RIVER GARDEN FOUNDATION, INC. IS A PHILANTHROPIC ORGANIZATION ESTABLISHED TO PROVIDE RESOURCES FOR PROGRAMS AND FACILITIES THAT ENHANCE QUALITY OF LIFE FOR THE AGED BY FUNDING ITS TAX-EXEMPT AFFILIATES OPERATING THE RIVER GARDEN SYSTEM OF SERVICES. 0 0 652568 652159 RIVER GARDEN FOUNDATION, INC. RAISES FUNDS THROUGH PUBLIC SUPPORT AND FUNDRAISING EVENTS FOR THE BENEFIT OF ITS TAX-EXEMPT AFFILIATES OPERATING THE RIVER GARDEN SYSTEM OF SERVICES. THE FOUNDATION IS DEDICATED TO HELPING THE ELDERLY REMAIN IN CONTROL OF THEIR OWN LIVES BY ASSURING APPROPRIATE SUPPORTIVE SERVICES ARE PROVIDED TO PEOPLE AT ALL LEVELS OF NEED AND FINANCIAL ABILITY. IN THE CURRENT YEAR, $652,159 OF SUPPORT WAS CONTRIBUTED TO THE PROGRAMMATIC OPERATIONS OF RELATED, TAX-EXEMPT ENTITIES. 652568 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 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 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 41 41 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X BETTY SORNA 9042601818 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 SANDY ZIMMERMAN PRESIDENT 1.00 2.00 X X 0 0 0 SUSAN DUBOW VICE PRESIDENT 1.00 X X 0 0 0 JEFF EDWARDS VICE PRESIDENT 1.00 1.00 X X 0 0 0 ADAM FRISCH VICE PRESIDENT 1.00 X X 0 0 0 DEBBIE PARKER VICE PRESIDENT 1.00 X X 0 0 0 ANDREA MAIL SECRETARY 1.00 X X 0 0 0 MICHAEL PRICE TREASURER 1.00 3.00 X X 0 0 0 ALAN MARGOLIES TRUSTEE 1.00 X 0 0 0 APRIL DOBES TRUSTEE 1.00 X 0 0 0 BEN SETZER TRUSTEE 1.00 X 0 0 0 CHIP GREENE TRUSTEE 1.00 X 0 0 0 COLMAN BRODSKY TRUSTEE 1.00 1.00 X 0 0 0 DAVID STEIN TRUSTEE 1.00 X 0 0 0 DOUGLAS STORCH TRUSTEE 1.00 X 0 0 0 DREW MARGOL TRUSTEE 1.00 X 0 0 0 ERIK ROSTHOLDER TRUSTEE 1.00 X 0 0 0 ERNIE BRODSKY TRUSTEE 1.00 X 0 0 0 HALEY TRAGER TRUSTEE 1.00 X 0 0 0 HARRY FRISCH TRUSTEE 1.00 X 0 0 0 JACK SELEVAN TRUSTEE 1.00 X 0 0 0 JANNE BRANDENBURG TRUSTEE 1.00 X 0 0 0 JEANINE ROGOZINSKI TRUSTEE 1.00 X 0 0 0 JEN PLOTKIN TRUSTEE 1.00 X 0 0 0 JUDY MIZRAHI TRUSTEE 1.00 X 0 0 0 KEN JACOBS TRUSTEE 1.00 X 0 0 0 LEONARD SETZER TRUSTEE 1.00 X 0 0 0 MARK LODINGER TRUSTEE 1.00 X 0 0 0 MARSHA POLLOCK TRUSTEE 1.00 2.00 X 0 0 0 MATTHEW LUFRANO TRUSTEE 1.00 X 0 0 0 MORRIE ZIMMERMAN TRUSTEE 1.00 X 0 0 0 MORTON KESLER TRUSTEE 1.00 X 0 0 0 PAULA KUKELHAN TRUSTEE 1.00 X 0 0 0 RANDY GOODWIN TRUSTEE 1.00 X 0 0 0 RANDY KAMMER TRUSTEE 1.00 2.00 X 0 0 0 RICHARD KRAVITZ TRUSTEE 1.00 X 0 0 0 RUSSELL SELEVAN TRUSTEE 1.00 X 0 0 0 SHARI SHUMAN TRUSTEE 1.00 1.00 X 0 0 0 SHERI WEISS TRUSTEE 1.00 X 0 0 0 SHIRLEY BIELSKI TRUSTEE 1.00 1.00 X 0 0 0 STACIE WILF TRUSTEE 1.00 X 0 0 0 TOM HARRIS TRUSTEE 1.00 X 0 0 0 MAURI MIZRAHI CHIEF EXECUTIVE OFFICER 4.00 40.00 X 0 341342 11974 BETTY SORNA CHIEF FINANCIAL OFFICER 4.00 40.00 X 0 256713 32238 MARTIN GOETZ FORMER CEO 4.00 40.00 X 0 105749 13815 0 703804 58027 0 1 1 0 0 538313 90000 14000 67217 709530 114947 114947 1612884 0 1612884 1612884 1612884 86949 538313 298713 -211764 -211764 2225597 0 0 1516067 652159 652159 71808 71808 1549 1549 4756 4756 5287 5287 14742 14742 713 713 21215 21215 4465 409 4056 11863 11780 83 60 60 788617 652568 52566 83483 944812 275578 2666522 2397912 96013 37250 1500 7625414 11707789 0 153335 11273998 14632127 10750 24066 72088 65888 378480 0 461318 89954 X 384599 5464511 10428081 9077662 10812680 14542173 11273998 14632127 X 1436980 -2706380 4998893 X X 0 1 X 1 0 X X 1 RIVER GARDEN HEBREW HOME FOR THE AGED INC 590624438 10 1 652159 0 1 652159 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SECTION IV, SECTION A, LINE 1 THE GOVERNING DOCUMENTS STATE THAT THE PURPOSE OF THE FILING ORGANIZATION IS TO SUPPORT RIVER GARDEN HEBREW HOME FOR THE AGED, INC., A FLORIDA NOT-FOR-PROFIT CORPORATION, AND ORGANIZATIONS ENGAGING IN SERVICES TO THE AGED AND GERIATRIC CARE. PART IV, SECTION C, LINE 1 RIVER GARDEN FOUNDATION, INC. AND ITS SUPPORTED ORGANIZATIONS ARE ALL SUBSIDIARIES OF RIVER GARDEN HOLDING COMPANY, INC., WHICH IS THE SOLE MEMBER OF THESE ORGANIZATIONS AND, AS SUCH, ELECTS THE TRUSTEES OF EACH ORGANIZATION. ADDITIONALLY, THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND SEVERAL TRUSTEES OF THE FILING ORGANIZATION ALSO SERVE AS OFFICERS AND TRUSTEES OF THE SUPPORTED ORGANIZATIONS. THROUGH THIS OVERLAP OF OFFICERS AND TRUSTEES AND THE FACT THAT BOTH THE FILING ORGANIZATION AND ITS SUPPORTED ORGANIZATIONS HAVE THE SAME SOLE MEMBER, CONTROL AND MANAGEMENT OF THE FILING ORGANIZATION IS VESTED IN THE SAME PERSONS THAT CONTROL AND MANAGE THE SUPPORTED ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7397444 64100 -469973 177050 6814521 4004411 2887522 505511 7397444 3501220 363366 287172 147347 4004411 3056032 318693 126495 3501220 3282319 18000 -118521 125766 3056032 0 0 0 CASH AND CASH EQUIVALENTS 349826 F INVESTMENT - EQUITIES 7015341 F INVESTMENT - FIXED INCOME 4114202 F INVESTMENT - REAL ESTATE FUNDS 228420 F 11707789 X PART X, LINE 2: RIVER GARDEN FOUNDATION, INC. FILES CONSOLIDATED FINANCIAL STATEMENTS WITH ITS AFFILIATES. THE CONSOLIDATED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING FOOTNOTE: EACH ENTITY INCLUDED IN THE COMPANY HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, INCOME EARNED IN FURTHERANCE OF THE COMPANY'S TAX-EXEMPT PURPOSE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AND, THEREFORE, THESE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE NO PROVISION OR LIABILITY FOR INCOME TAXES. GOLF TOURNAMENT 104508 94222 10286 6918 20618 1800 3026 GALA 520754 444091 76663 3966 124100 84441 17048 36796 625262 538313 86949 10884 124100 105059 18848 39822 298713 -211764 1 RIVER GARDEN HEBREW HOME FOR THE AGED INC 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 590624438 501(C)(3) 652159 0 TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE. 1 PART I, LINE 2: THE ORGANIZATION RECEIVES COPIES OF THE AUDITED FINANCIAL STATEMENTS AND FORM 990 FOR ANY ENTITY WHO RECEIVES A GRANT, ALONG WITH A STATEMENT FROM THE ENTITY IF THE FUNDS WERE GIFTED FOR A SPECIFIC PURPOSE. 0 0 0 0 0 0 0 0 0 MAURI MIZRAHI CHIEF EXECUTIVE OFFICER 0 341342 0 0 0 0 0 11974 0 0 0 353316 0 0 BETTY SORNA CHIEF FINANCIAL OFFICER 0 256713 0 0 0 0 0 9938 0 22300 0 288951 0 0 MARTIN GOETZ FORMER CEO 0 105749 0 0 0 0 0 6174 0 7641 0 119564 0 0 PART I, LINE 3 RIVER GARDEN FOUNDATION, INC.'S OFFICERS ARE EMPLOYED BY RIVER GARDEN HOLDING COMPANY, A RELATED 501(C)(3) ORGANIZATION. THE ORGANIZATION USES THE FOLLOWING TO ESTABLISH COMPENSATION FOR RIVER GARDEN FOUNDATION, INC.'S CHIEF EXECUTIVE OFFICER: COMPENSATION COMMITTEE; WRITTEN EMPLOYMENT CONTRACT; COMPENSATION SURVEY OR STUDY; APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 2 DEBBIE PARKER AND STACIE WILF HAVE A FAMILY RELATIONSHIP. BEN SETZER AND LEONARD SETZER HAVE A FAMILY RELATIONSHIP. JACK SELEVAN AND RUSSEL SELEVAN HAVE A FAMILY RELATIONSHIP. COLMAN BRODSKY AND ERNEST BRODSKY HAVE A FAMILY RELATIONSHIP. ADAM FRISCH AND HARRY FRISCH HAVE A FAMILY RELATIONSHIP. MORRIE ZIMMERMAN AND SANDY ZIMMERMAN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION SHALL BE RIVER GARDEN HOLDING COMPANY, INC. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, RIVER GARDEN HOLDING COMPANY, INC., SHALL ELECT THE TRUSTEES AND AT ANY TIME IN ITS SOLE DISCRETION, REMOVE AND NAME A REPLACEMENT FOR ANY TRUSTEE. FORM 990, PART VI, SECTION A, LINE 7B THE NUMBER OF TRUSTEES SHALL BE DETERMINED BY THE SOLE MEMBER. ANY VACANCY OCCURRING IN THE BOARD MAY BE FILLED BY A MAJORITY VOTE OF THE REMAINING TRUSTEES WITH THE APPROVAL OF THE SOLE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PRESENTED TO THE GOVERNING BODY FOR REVIEW AND APPROVAL PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SERVE THREE YEAR TERMS AND SIGN A CONFLICT OF INTEREST STATEMENT DURING THEIR TERM. MANAGEMENT DISCLOSES ANY FINANCIAL ACTIVITY THAT MAY INVOLVE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS OF RIVER GARDEN FOUNDATION, INC. ARE COMPENSATED BY RIVER GARDEN HOLDING COMPANY, INC., A RELATED 501(C)(3) ORGANIZATION. COMPENSATION AND BENEFITS FOR THE CHIEF EXECUTIVE OFFICER WERE DEVELOPED BY A COMPENSATION COMMITTEE OF RIVER GARDEN HOLDING COMPANY, INC. AND APPROVED BY THE FULL BOARD. THE COMMITTEE USED COMPARABLE DATA FROM SALARY INFORMATION FROM AMERICAN ASSOCIATION OF HOMES AND SERVICES FOR THE AGING, ASSOCIATION OF JEWISH AGING SERVICES AND SURVEYS OF ORGANIZATIONS SIMILAR TO RIVER GARDEN. THE CEO USES SIMILAR DATA TO DETERMINATE THE SALARY AND BENEFIT PACKAGE FOR OTHER OFFICERS AND KEY EMPLOYEES, WITH THE APPROVAL OF THE PRESIDENT OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSET TRANSFER FROM AFFILIATE 5,082,503. CHANGE IN VALUE OF PLEDGES RECIEVABLE -83,610. FORM 990, PART XII, LINE 2C OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT: THE PROCESS OF OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. RIVER GARDEN HEBREW HOME FOR THE AGED INC 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 590624438 OPERATES A 180-BED SKILLED NURSING FACILITY. FL 501(C)(3) LINE 10 RIVER GARDEN HOLDING COMPANY INC 0 RIVER GARDEN HOLDING COMPANY INC 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 592487781 OVERSEES OPERATIONS OF TAX-EXEMPT SUBSIDIARIES FL 501(C)(3) LINE 12A, I N/A 0 RIVER GARDEN GERIATRIC TRAINING CENTER INC 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 593399599 OPERATES A POST-SECONDARY SCHOOL FOR THE TRAINING OF CERT. NURSING ASSISTANT FL 501(C)(3) LINE 2 RIVER GARDEN HOLDING COMPANY INC 0 THE COVES AT RIVER GARDEN 11401 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32258 464357165 OPERATES AN 80-UNIT INDEPENDENT LIVING SENIOR HOUSING FACILITY. FL 501(C)(3) LINE 10 RIVER GARDEN HOLDING COMPANY INC 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1