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Nonprofit · EIN 46-5584538

RIVERSPRING HEALTH SENIOR LIVING INC

Tax-exempt · BRONX, NY 10471

Financials

$51K$4.2M2024
Revenue Expenses · by fiscal year end
Financials of RIVERSPRING HEALTH SENIOR LIVING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$51,364$4,197,790-$4,146,426$79,659,889$88,843,425-$9,183,536
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$51,364
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$259
Accounting fees
$33,995
Occupancy
$4,565
Travel
$8,338
Depreciation
$39,272
Management and general (functional)
$4,197,790

Balance sheet and other

Total assets, start of year
$58,016,272
Total assets, end of year
$79,659,889
Total liabilities, end of year
$88,843,425
Net assets, end of year
-$9,183,536
Land, buildings and equipment
$53,192,859
Net assets without donor restrictions
-$9,183,536
Gross receipts
$51,364
Employees
0
Volunteers
3
Year formed
2014
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Andrew GainesTrustee
Trustee or director
1$0
James ShifrenTrustee
Trustee or director
1$0
Jeffrey MaurerChairman
Trustee or director
1$0
Constantine DimasTreasurer/Secretary
Officer
1$0

Address and contacts

Address (IRS master file)
5901 PALISADE AVE, BRONX, NY 10471-1205
In care of
% STEVEN MEISINGER
Mailing address (990-N for 2023)
5901 Palisade Avenue, Bronx NY 10471
Principal officer (990 for 2024)
CARL WILLNER, 5901 PALISADE AVENUE, BRONX, NY 10471
Principal officer (990-N for 2023)
Daniel Reingold, 5901 Palisade Avenue, Bronx NY 10471
Signed the 990
CARL WILLNER, SVP, FINANCE
Phone
(718) 581-1000
Return prepared by
Forvis Mazars LLP

Mission

RIVERSPRING HEALTH SENIOR LIVING, INC. DBA RIVER'S EDGE (RIVER'S EDGE) IS A NEW YORK NOT-FORPROFIT CORPORATION ORGANIZED IN 2014 TO OWN AND OPERATE A CONTINUING CARE RETIREMENT COMMUNITY (CCRC), ALSO KNOWN AS A LIFE-CARE COMMUNITY, AUTHORIZED UNDER ARTICLE 46 OF NEW YORK'S PUBLIC HEALTH LAW. THE CCRC IS PLANNED TO HAVE A TOTAL OF 379 INDEPENDENT LIVING UNITS (ILUS) CONSTRUCTED IN TWO PHASES: PHASE 1 CONSISTING OF 260 ILUS TO BE CONSTRUCTED ON A PORTION OF PROPERTY OWNED BY THE HEBREW HOME AT RIVERDALE (HHAR) AND PHASE 2 CONSISTING OF 119 ILUS TO BE CONSTRUCTED ON ADJACENT PROPERTY CURRENTLY OWNED BY THE HEBREW HOME FOR THE AGED AT RIVERDALE FOUNDATION (HHARF). ASSISTED LIVING, MEMORY SUPPORT, AND LONG-TERM NURSING SERVICES OFFERED AS PART OF THE LIFE CARE PLAN WILL BE PROVIDED UNDER AN ARRANGEMENT WITH HHAR.

990 for the year ended December 31, 2024

Program accomplishments

  • N/A0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
46-5584538
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$79,659,889
Income (IRS master file)
$51,364

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$51,364$4,197,790$79,659,889IRS
990-N for 2023
Officer: Daniel Reingold
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Daniel Reingold
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Daniel Reingold
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Daniel Reingold
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-5584538).

Questions about RIVERSPRING HEALTH SENIOR LIVING INC

What is the EIN of RIVERSPRING HEALTH SENIOR LIVING INC?
The employer identification number (EIN) of RIVERSPRING HEALTH SENIOR LIVING INC is 46-5584538.
Is RIVERSPRING HEALTH SENIOR LIVING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to RIVERSPRING HEALTH SENIOR LIVING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RIVERSPRING HEALTH SENIOR LIVING INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RIVERSPRING HEALTH SENIOR LIVING INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIVERSPRING HEALTH SENIOR LIVING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RIVERSPRING HEALTH SENIOR LIVING INC?
The 990 for the year ended December 31, 2024 names CARL WILLNER.
Who are the officers and directors of RIVERSPRING HEALTH SENIOR LIVING INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does RIVERSPRING HEALTH SENIOR LIVING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $51,364, expenses of $4,197,790 and total assets of $79,659,889 at year end.

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