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Riverspring Services Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461763915 ✦ Riverdale, NY ✦ Designated as a 501(c)(3)

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Overview

What is Riverspring Services Corp?

Riverspring Services Corporation is a non-profit organization situated in Bronx, New York. Their primary role is to offer management services to the organizations under the riverspring living family. These services encompass executive staff, planning, finance, information technology, and human resources departments. Their mission is to support and provide housing, home care, managed care, and nursing home care for older adults. By offering these comprehensive services, Riverspring Services Corporation aims to enhance the overall well-being and living conditions of elderly individuals.


Official website here: www.riverspringliving.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Riverspring Services Corp received a commendable score of 81%, reflecting a solid level of accountability and financial management. The organization boasts a fully independent board, which is a positive sign of governance, and demonstrates robust oversight through its audit and oversight committee. Additionally, the organization maintains thorough documentation practices, aligning with best practices in transparency.

Strengths noted in the data include a perfect program expense ratio of 100%, indicating that all of its financial resources are directed towards its programs. The charity has implemented essential policies, including conflict of interest and whistleblower policies, further enhancing its credibility and ethical standards. These factors contribute to a favorable assessment of the nonprofit's operations and commitment to its mission.

While the organization shows strong performance in various financial metrics, the summary does not provide insights into the specific programs or outcomes that Riverspring Services Corp delivers. Potential donors and supporters may benefit from further details regarding the impact of its initiatives on the community it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Riverspring Services Corp legitimate?

Riverspring Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverspring Services Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $3,241,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,221,147

For more financial information, click here


Official website here: www.riverspringliving.org

What is the mission statement of Riverspring Services Corp?

Riverspring Services Corp is a non-profit organization dedicated to offering management services to the entities under the riverspring living family. Through its expertise in executive management, planning, finance, information technology, and human resources, Riverspring facilitates the provision of housing, home care, managed care, and nursing home care to elderly adults. The organization's mission revolves around supporting these essential services to enhance the lives of older adults.


Official website here: www.riverspringliving.org

Who is the CEO of Riverspring Services Corp?

Carl Willner is the President & Ceo of Riverspring Services Corp. The CEO's salary of Riverspring Services Corp is $1,404,604 and their total compensation is $1,469,856.


Official website here: www.riverspringliving.org

What is the revenue of Riverspring Services Corp?

Riverspring Services Corp's revenue in 2022 was $24,332,721.


Official website here: www.riverspringliving.org

Who are the executives of Riverspring Services Corp and what are their salaries?

The average compensation at Riverspring Services Corp during 2022 was $102,994. There are 121 employees and 3 volunteers at Riverspring Services Corp.


Here are 11 key members and their salaries (Riverspring Services Corp's CEO's salary is $1,404,604 and their total compensation is $1,469,856):


Daniel Reingold (President & Ceo)
  • Compensation: $1,404,604
  • Related: $0
  • Other: $65,252
David Pomeranz (Chief Operating Officer)
  • Compensation: $948,837
  • Related: $0
  • Other: $31,969
Luz Liebeskind (Cfo/Asst. Secretary/Treasurer)
  • Compensation: $770,664
  • Related: $0
  • Other: $19,816
David Finkelstein (Chief Information Officer)
  • Compensation: $303,455
  • Related: $0
  • Other: $57,619
Carl Willner (Senior Vp - Finance)
  • Compensation: $284,654
  • Related: $0
  • Other: $60,930
Damon Ramaglia Jr (Vp Of Info Technology)
  • Compensation: $289,577
  • Related: $0
  • Other: $55,818
Mary Queally (Director Of Patient Service)
  • Compensation: $278,520
  • Related: $0
  • Other: $54,045
Deborah M Messina (Senior Vp - Operations)
  • Compensation: $295,620
  • Related: $0
  • Other: $36,097
Jeffery S Maurer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Wygoda (Treasurer & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Gaines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.riverspringliving.org

Where can I find the form 990 for Riverspring Services Corp?

Riverspring Services Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.riverspringliving.org

Learn more at the official website: www.riverspringliving.org

Mission Statement of Riverspring Services Corp

Riverspring Services Corp, a renowned non-profit organization, is dedicated to delivering essential management services to the various organizations under the riverspring living family. By providing expert executive staff, planning, finance, information technology, and human resources support, this corporation enables its partner organizations to offer vital housing, home care, managed care, and nursing home services to older adults.

In essence, Riverspring Services Corp acts as a backbone, empowering its affiliated non-profits to thrive and make a significant impact on the communities they serve. The corporation's mission is multifaceted, focusing on enhancing operational efficiencies, ensuring financial sustainability, and fostering an innovative and collaborative work environment. Through its comprehensive support, Riverspring Services Corp enables its partner organizations to focus on their primary mission of providing compassionate care to older adults, ultimately improving their quality of life.

Riverspring Services Corp's commitment to excellence is reflected in its well-rounded approach to management services. Its team of skilled professionals works tirelessly to implement effective strategies, fostering a culture of continuous improvement and adaptation to meet the evolving needs of the non-profit sector and the older adult population. By taking on the administrative burdens, Riverspring Services Corp empowers its partner organizations to allocate their resources more effectively towards their core missions and make a lasting difference in the lives of older adults.

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Impact




October, 2024

Riverspring Services Corp plays a vital role in enhancing the quality of life for older adults by delivering comprehensive management services to the entities within the Riverspring Living family. By providing critical executive staff support and specialized services across planning, finance, information technology, and human resources, Riverspring Services ensures that these organizations can effectively deliver housing, home care, managed care, and nursing home care. Located in Riverdale, NY, the organization is dedicated to optimizing operations and improving care delivery, thereby significantly impacting the well-being of the elderly population in the community. Its commitment to fostering a robust support system enables senior living solutions to thrive, ensuring that services are not only efficient but also aligned with the needs of older adults.




This information is meant to be a general summary of Riverspring Services Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$24,332,721 (2022)
Expenses
$24,332,721 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $24,332,721
  • Gross Receipts: $24,332,721

Assets and Liabilities:

  • Total Assets: $4,682,082
  • Total Liabilities: $4,682,082
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MANAGEMENT FEES

Revenue

$24,332,721

Organization Details

Founding Year

2013

Principal Officer

Carl Willner

Main Address

5901 Palisade Avenue, Riverdale, NY, 10471

NTEE Category

Code: E19 - Health

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