Hebrew Home Housing Development Fund Co Inc.

“Riverspring health holding corp. Is the sole member of hebrew home housing development fund co., inc.”

“The audit committee reviews the 990 with the chief financial officer and the preparer, and reports their findings to the full board of directors.”

“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.”

“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.”

“These documents are available upon request.”

“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.”

“It is the mission of the hebrew home housing development company inc. To provide independent senior housing in a safe, congenial environment that promotes independence and gracious living. Riverwalk, the hebrew home housing development company inc.'s senior housing facility, is located on the campus of the hebrew home at riverdale. An extensive complement of services and conveniences is offered. Residents also have access to the hebrew home at riverdale's entire system of healthcare and extended care options. Hebrew home housing development 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.”

“Security: program service expenses 0. Management and general expenses 85,883. Fundraising expenses 0. Total expenses 85,883. Other: program service expenses 62,827. Management and general expenses 55,153. Fundraising expenses 0. Total expenses 117,980. Building service contract fees: program service expenses 100,463. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,463. Housekeeping fees: program service expenses 56,781. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,781. Activity fees: program service expenses 175,814. Management and general expenses 0. Fundraising expenses 0. Total expenses 175,814. Maintenance consulting: program service expenses 146,414. Management and general expenses 0. Fundraising expenses 0. Total expenses 146,414.”

“Process has not changed from prior year.”