2025-11-12T08:09:55+00:00 2024-12-31 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2024-01-01 800517818 Elderserve Health Inc ELDE 7185811000 5901 PALISADE AVENUE BRONX NY 10471 SUSAN ALDRICH CEO/EXECUTIVE VP 7185811000 2025-11-12 true Aaron Shapiro P01333816 2128127000 2025-11-12 2024 2025-03-06 01:10:19Z SUSAN ALDRICH 5901 PALISADE AVENUE BRONX NY 10471 1523597474 false X www.riverspringliving.org X 2009 MANAGED LONG TERM CARE FOR FRAIL, ELDERLY, AND DISABLED INDIVIDUALS. 16 16 429 16 0 0 1132178169 1261444388 2073188 4146476 0 1134251357 1265590864 0 0 52867028 57978562 0 0 1071743930 1204228260 1124610958 1262206822 9640399 3384042 218879431 223017693 147368760 146581520 71510671 76436173 See Schedule O false false 1203741535 1261444388 MANAGED LONG TERM CARE FOR FRAIL, ELDERLY, AND DISABLED INDIVIDUALS WITH HIGH QUALITY SERVICES TO HELP THEM MAINTAIN MAXIMUM INDEPENDENCE AND QUALITY OF LIFE. 1203741535 true false false true false false false false false 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 false false true false false false false true 16 0 false 429 true false false false false false false false false false false false false X 16 16 false false false false true false false true true false false false true true true true true true true true false false NY X CARL WILLNER 7185811317 5901 PALISADE AVENUE BRONX NY 10471 ANDREW L GAINES VICE CHAIR 1.0 7.0 X X 0 0 0 JEFFREY S MAUER CHAIR 1.0 9.0 X X 0 0 0 JOSEPH WYGODA SECRETARY & TREASURER 1.0 7.0 X X 0 0 0 CONSTANTINE DIMAS TRUSTEE 1.0 7.0 X 0 0 0 DAVID SABLE TRUSTEE 1.0 1.0 X 0 0 0 ELIOT ENGEL TRUSTEE 1.0 1.0 X 0 0 0 ISABEL RIVERA TRUSTEE 1.0 1.0 X 0 0 0 James Shifren TRUSTEE 1.0 3.0 X 0 0 0 JAMES SHIFREN TRUSTEE 1.0 6.0 X 0 0 0 Jonathan Resnick Trustee 1.0 X 0 0 0 LAWRENCE J BURIAN TRUSTEE 1.0 1.0 X 0 0 0 MARTIN HOFFMAN TRUSTEE 1.0 3.0 X 0 0 0 MICHELE R COHEN TRUSTEE 1.0 1.0 X 0 0 0 THOMAS S ROGERS TRUSTEE 1.0 2.0 X 0 0 0 TIMOTHY BAXTER TRUSTEE 1.0 1.0 X 0 0 0 CARL WILNER INTERIM CFO 5.0 35.0 X 0 419816 62865 DANIEL REINGOLD PRESIDENT 1.0 34.0 X 0 1759233 67207 DAVID POMERANZ CHIEF OPERATING OFFICER 25.0 10.0 X 0 898166 34843 MARGOT NONES TRUSTEE 1.0 0.0 X 0 0 0 SUSAN ALDRICH CEO/EXECUTIVE VP 35.0 0.0 X 960713 0 38754 JENNY LING SR. VP OF REGULATORY AFFAIRS 35.0 0.0 X 431616 0 33766 Julieanne J Lau SR. VP OF CLINICAL OPERATIONS 35.0 0.0 X 317380 0 51713 CAMILLE SANDS VP OF Outreach 35.0 0.0 X 299424 0 31286 Elizabeth Musto MLTC-AVP of ISNP 35.0 0.0 X 304600 0 20190 IRINA VAINRIB VP OF CLINICAL OPERATIONS 35.0 0.0 X 293824 0 50885 John Kehoe Sr. VP OF FINANCE 35.0 0.0 X 417621 0 22969 MARCIA KONRAD SENIOR VP OF QUALITY 35.0 0.0 X 280562 0 15845 Michelle A Lugo MLTC-VP Finance 35.0 0.0 X 284817 0 22408 Peter K Davidson Medical Director 35.0 0.0 X 410099 0 59451 4000656 3077215 512182 213 false true false S&A Unified Home Care 2729 Coney Island Ave Brooklyn NY 11235 Home Care 45876068 Good Care Agency Inc 2671 Coney Island Ave Brooklyn NY 11235 Home Care 36887850 Americare Inc 171 Kings Highway Brooklyn NY 11223 Home Care 34384373 Assistcare Home Health Services LLC 5520 13th Avenue Brooklyn NY 11219 Home Care 24216013 BNV Home Care Agency Inc 9660 Queens Blvd Rego Park NY 11374 Home Care 24019669 446 0 MEDICAID CAPITATION 623000 1234634440 1234634440 MEDICARE 623000 26538680 26538680 SURPLUS MEMBER INCOME 623000 271268 271268 0 0 0 0 1261444388 4446137 4446137 0 0 257706949 258006610 -299661 0 -299661 -299661 0 0 0 0 0 0 1265590864 1261444388 0 4146476 X 1833942 1833942 43573397 33502229 10071168 2320426 1760693 559733 6883994 5141012 1742982 3366803 2490894 875909 20749923 20749923 573278 573278 236160 236160 32500 32500 332856 332856 1166104016 1160846707 5257309 0 1050174 1050174 2050120 2050120 4455701 4455701 1365034 1365034 308934 308934 366000 366000 3415440 3415440 3188124 3188124 0 0 0 0 1262206822 1203741535 58465287 0 30378730 7205832 1477829 1475142 78320719 49419128 0 0 0 0 377764 438194 14761953 9532567 4522326 5229386 94507395 142055850 0 0 8861290 9294668 8332871 218879431 223017693 77838690 84107136 0 0 9066640 7637008 60463430 54837376 147368760 146581520 71510671 76436173 71510671 76436173 218879431 223017693 X 3384042 670460 871000 X false true true false X 0 0 0 0 0 956915970 953357432 996301197 1132178169 1261444388 5300197156 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 956915970 953357432 996301197 1132178169 1261444388 5300197156 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5300197156 2519934 2662965 2369019 2812357 4446137 14810412 0 0 0 0 0 2519934 2662965 2369019 2812357 4446137 14810412 0 0 0 0 0 0 0 0 0 0 0 959435904 956020397 998670216 1134990526 1265890525 5315007568 0.99721 0.99717 0 0.0 X false false false false false true 32500 false false false 32500 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY ELDERSERVE HEALTH, INC. ENGAGED A LAW FIRM TO LOBBY ON BEHALF OF THE ORGANIZATION TO INFLUENCE NEW YORK STATE AND NEW YORK CITY LEGISLATIVE BRANCHES REGARDING BUDGET, REGULATORY, AND LEGISLATIVE ISSUES PERTAINING TO ADULT HOMES AND HEALTH CARE. 4315384 4199343 116041 6430963 4831011 1599952 4015606 502213 3513393 5229386 Federal Income Taxes Due to third parties 42154188 due to hebrew home 1225550 Premium deficiency reserve 0 Subvention Payable 11457638 54837376 1265928468 670460 0 670460 1265258008 332856 0 332856 1265590864 1261873966 0 0 1261873966 332856 0 332856 1262206822 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X X X X X false false false false false false false true false DAVID POMERANZ CHIEF OPERATING OFFICER 0 767670 0 100000 0 30496 0 30496 0 4347 0 933009 0 0 DANIEL REINGOLD PRESIDENT 0 1728919 0 0 0 30314 0 30314 0 36893 0 1826440 0 0 CARL WILNER INTERIM CFO 0 293004 0 100000 0 26812 0 26812 0 36053 0 482681 0 0 SUSAN ALDRICH CEO/EXECUTIVE VP 703297 0 250000 0 7416 0 23532 0 15222 0 999467 0 0 0 JENNY LING SR. VP OF REGULATORY AFFAIRS 399200 0 25000 0 7416 0 19969 0 13797 0 465382 0 0 0 Julieanne J Lau SR. VP OF CLINICAL OPERATIONS 291720 0 25000 0 660 0 15904 0 35809 0 369093 0 0 0 John Kehoe Sr. VP OF FINANCE 377473 0 35000 0 5148 0 19933 0 3036 0 440590 0 0 0 Peter K Davidson Medical Director 309987 0 0 0 100112 0 23402 0 36049 0 469550 0 0 0 Elizabeth Musto MLTC-AVP of ISNP 303377 0 0 0 1223 0 18203 0 1987 0 324790 0 0 0 CAMILLE SANDS VP OF Outreach 293311 0 0 0 6113 0 17091 0 14195 0 330710 0 0 0 IRINA VAINRIB VP OF CLINICAL OPERATIONS 285330 0 4250 0 4244 0 14962 0 35923 0 344709 0 0 0 Michelle A Lugo MLTC-VP Finance 283480 0 1337 0 0 0 19528 0 2880 0 307225 0 0 0 MARCIA KONRAD SENIOR VP OF QUALITY 275000 0 0 0 5562 0 13960 0 1885 0 296407 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE CEO AND OFFICERS AND SELECT 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. Schedule J, Part I, Line 7 Non-fixed payments BONUSES GIVEN ARE AT THE DISCRETION OF THE COMPENSATION COMMITTEE DEPENDING ON WHETHER OR NOT METRICS ESTABLISHED EVERY YEAR ARE MET. Form 990, Part III, Line 1 THE MISSION OF ELDERSERVE HEALTH, INC. IS TO SERVE FRAIL, ELDERLY, AND DISABLED INDIVIDUALS WITH HIGH QUALITY SERVICES TO HELP THEM MAINTAIN MAXIMUM INDEPENDENCE AND QUALITY OF LIFE. ELDERSERVE HEALTH, INC. IS PART OF RIVERSPRING LIVING, A GROUP OF LONG TERM CARE AFFILIATES UNDER THIS COMMON BRAND NAME. RIVERSPRING LIVING SERVES OLDER ADULTS OF ALL FAITHS THROUGH COMPASSIONATE CARE AND VIBRANT COMMUNITY ENGAGEMENT. GUIDED BY JEWISH VALUES AND OUR NON-PROFIT MISSION, IT ADVOCATES AND CELEBRATES A VISION OF EMPOWERED AGING. RIVERSPRING LIVING'S PROGRAMS AND SERVICES INCLUDE MANAGED CARE, SENIOR HOUSING, HOME CARE, ASSISTED LIVING, REHABILITATION AND SKILLED NURSING SERVICES AND SPECIALIZED SERVICES SUCH AS ELDER JUSTICE AND MEMORY CARE. COLLECTIVELY, RIVERSPRING EMPOWERS OVER 18,000 PATIENTS, RESIDENTS AND MEMBERS TO LIVE FORWARD EVERY DAY. Form 990, Part VI, Line 6 Classes of members or stockholders RIVERSPRING HEALTH HOLDING CORP. IS THE SOLE MEMBER OF ELDERSERVE HEALTH, INC Form 990, Part VI, Line 11b Review of form 990 by governing body THE AUDIT COMMITTEE REVIEWS THE 990 WITH THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER, EXECUTIVE VICE PRESIDENT, AND THE PREPARER, AND REPORTS THEIR 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, Line 12c Conflict of interest policy THE AUDIT COMMITTEE REVIEWS THE 990 WITH THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER, EXECUTIVE VICE PRESIDENT, AND THE PREPARER, AND REPORTS THEIR 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, Line 15a Process to establish compensation of top management official THE AUDIT COMMITTEE REVIEWS THE 990 WITH THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER, EXECUTIVE VICE PRESIDENT, AND THE PREPARER, AND REPORTS THEIR 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, Line 15b Process to establish compensation of other employees THE AUDIT COMMITTEE REVIEWS THE 990 WITH THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER, EXECUTIVE VICE PRESIDENT, AND THE PREPARER, AND REPORTS THEIR 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, Line 19 Required documents available to the public THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part IX, Line 11g Other Fees Personal Care Workers - Total Expense: XXX-XX-XXXX, Program Service Expense: XXX-XX-XXXX, Management and General Expenses: , Fundraising Expenses: ; Nursing - Total Expense: 43989912, Program Service Expense: 43989912, Management and General Expenses: , Fundraising Expenses: ; Transportation - Total Expense: 7870564, Program Service Expense: 7870564, Management and General Expenses: , Fundraising Expenses: ; Social Day Care - Total Expense: 15972740, Program Service Expense: 15972740, Management and General Expenses: , Fundraising Expenses: ; Physical Therapy - Total Expense: 2848745, Program Service Expense: 2848745, Management and General Expenses: , Fundraising Expenses: ; Medical Supplies - Total Expense: 12917808, Program Service Expense: 12917808, Management and General Expenses: , Fundraising Expenses: ; Dental - Total Expense: 2197526, Program Service Expense: 2197526, Management and General Expenses: , Fundraising Expenses: ; Other consulting - Total Expense: XXX-XX-XXXX, Program Service Expense: 196009784, Management and General Expenses: 5257309, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN PREMIUM DEFICIENCY RESERVE - 871000; Total - 871000; HEBREW HOME HOUSING DEVELOPMENT FUND CO 5901 PALISADE AVENUE RIVERDALE NY 10471 132956755 HOUSING NY 501(c)(3) 10 RSHHC false RIVERDALE TERRACE HOUSING DEVELOP FUND 5901 PALISADE AVENUE RIVERDALE NY 10471 133900256 HOUSING NY 501(c)(3) 10 RSHHC false HEBREW HOME FOR THE AGED AT RIVERDALE 5901 PALISADE AVENUE RIVERDALE NY 10471 131739971 NURSING HOME NY 501(c)(3) 10 RSHHC false RIVERSPRING SERVICES CORP 5901 PALISADE AVENUE RIVERDALE NY 10471 461763915 MGMT COMPANY NY 501(c)(3) Type II RSHHC false RIVERSPRING HEALTH HOLDING CORP 5901 PALISADE AVENUE RIVERDALE NY 10471 270996795 SUPPORT SVCS NY 501(c)(3) Type I NA false NATIONAL ALZHEIMER'S CENTER INC 5901 PALISADE AVENUE RIVERDALE NY 10471 133403753 PROMOTE CARE NY 501(c)(3) Type I RSHHC false HUDSON HOUSE HOUSING DEVELOPMENT FUND CO 5901 PALISADE AVENUE RIVERDALE NY 10471 275547643 HOUSING NY 501(c)(3) 10 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 true false true false true true false false false