Riverstone Senior Life Services Inc
- Assets
- $1.0m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 33
- Location
- New York, NY
- Founding
- 02/1988
- Data as of
- 06/2022
- EIN
- 13-3355074
Organization Overview
Riverstone Senior Life Services Inc is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Riverstone Senior Life Services Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverstone Senior Life Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Riverstone Senior Life Services Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RIVERSTONE IS A MULTI-SERVICE ORGANIZATION THAT FOCUSES ON THE NEEDS OF OLDER PEOPLE AND THEIR CAREGIVERS. ITS MISSION IS TO PROVIDE SERVICES AND ACTIVITIES THAT ENABLE OLDER PEOPLE TO REMAIN IN THEIR HOMES, WITH THE HIGHEST POSSIBLE QUALITY OF LIFE, AS LONG AS THEY CHOOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMORY CENTER: A SOCIAL ADULT DAY PROGRAM FOR PERSONS WITH MEMORY LOSS DUE TO ALZHEIMER'S OR OTHER FORMS OF DEMENTIA IS OPEN, MONDAY TO FRIDAY, 8:30 AM TO 4:30 PM,PROVIDING SOCIALIZATION AND THRAPEUTIC ACTIVITIES THAT HELP MAXIMIZE THEIR PHYSICAL AND MENTAL FUNCTION. IN ADDITION, SUPPORT SERVICES SUCH AS CASE MANAGEMENT AND SUPPORT GROUPS ARE AVAILABLE FOR CAREGIVERS.
OLDER ADULT CENTER: IT OFFERS CONGREGATE LUNCH, AND A WIDE VARIETY OF RECREATIONAL/EDUCATIONAL ACTIVITIES, INCLUDING ENGLISH/CITIZENSHIP CLASSES, NUTRITION EDUCATION, HEALTH PROMOTION WORKSHOPS, AND FREE LEGAL CONSULTATIONS. AN EXPERIENCED CASEWORKER STAFF IS AVAILABLE TO HELP WITH ENTITLEMENTS AND BENEFITS, RESOLUTION OF HOUSING PROBLEMS, AND IMMIGRATION ISSUES.
SOCIAL SERVICE DEPARTMENT: PROVIDES COMPREHENSIVE CASE MANAGEMENT SERVICES TO INDIVIDUALS OVER 60 YEARS OF AGE AND/OR THEIR FAMILY MEMBERS. ASSISTANCE INCLUDES BUT IS NOT LIMITED TO HELPING SECURE ENTITLEMENTS, MONEY MANAGEMENT, MENTAL HEALTH SCREENINGS, EMOTIONAL SUPPORT AND ADVOCACY TO RESOLVE HOUSING AND IMMIGRATION ISSUES, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lesley Halliday President | OfficerTrustee | 2 | $0 |
Deborah Kunen Vice Preside | OfficerTrustee | 2 | $0 |
Maria Luna Treasurer | OfficerTrustee | 2 | $0 |
Helen Drivas Secretary | OfficerTrustee | 2 | $0 |
Miriam Artisty-Farer Member | Trustee | 1 | $0 |
Marija Dorsett Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,059,413 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,851 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,402,264 |
| Total Program Service Revenue | $224,715 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,626,979 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $951,252 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $103,517 |
| Payroll taxes | $79,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,474 |
| Advertising and promotion | $2,847 |
| Office expenses | $47,598 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $79,105 |
| Travel | $28,224 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $460 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,027 |
| All other expenses | $0 |
| Total functional expenses | $1,471,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $489,698 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $477,046 |
| Accounts receivable, net | $40,038 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,392 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,010,174 |
| Accounts payable and accrued expenses | $102,856 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $67,469 |
| Total liabilities | $170,325 |
| Net assets without donor restrictions | $839,849 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,010,174 |