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 executive officer, CHIEF FINANCIAL OFFICER, chief operating officer, 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.”

“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 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 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. This process takes place each december.”

“These documents are available upon request.”

“IT IS THE MISSION OF THE HEBREW HOME HOUSING DEVELOPMENT COMPANY INC. TO PROVIDE INDEPENDENT SENIOR HOUSING IN A SAFE ENVIRONMENT THAT PROMOTES INDEPENDENCE AND GRACIOUS LIVING. RIVERWALK, THE HEBREW HOME HOUSING DEVELOPMENT COMPANY INC.'S SENIOR HOUSING COMMUNITY, IS LOCATED ON THE BEAUTIFUL 32-ACRE CAMPUS OF THE HEBREW HOME AT RIVERDALE THAT OVERLOOKS THE HUDSON RIVER. AN EXTENSIVE COMPLEMENT OF SERVICES AND AMENITIES ARE OFFERED TO ITS RESIDENTS. HEBREW HOME HOUSING DEVELOPMENT COMPANY 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.”

“As a result of the COVID-19 pandemic, the building experienced higher than normal vacancies and increased expenditures to keep staff and residents safe during 2020. Additional expenditures included the purchase of personal protective equipment, sick pay for employees, cleaning costs, and mandatory testing of staff. We expect the impact of the pandemic to continue at least through 2021 with occupancy returning to normal levels over time.”

“Change in value in equity interest in a pooled investment fund 100,844”