Transitional Services Inc
- Assets
- $10.0m
- Revenue
- $20.2m
- Investments
- $0.0
- Employees
- 226
- Location
- Buffalo, NY
- Founding
- 12/1972
- Data as of
- 12/2023
- EIN
- 16-0990574
Organization Overview
Transitional Services Inc is located in Buffalo, NY. The organization was established in 1972. As of 12/2023, Transitional Services Inc employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Transitional 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 12/2023, Transitional Services Inc generated $20.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $19.3m during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TRANSITIONAL SERVICES INC. IS A NON-PROFIT ORGANIZATION FORMED TO EMPOWER INDIVIDUALS WITH BEHAVORIAL HEALTH AND PHYSICAL HEALTH NEEDS TO DEVELOP THEIR FULLEST POTENTIAL BY PROVIDING PERSON-CENTERED BEHAVORIAL HEALTH REHABILITATION, CARE MANAGEMENT AND AFFORDABLE HOUSING, WHILE MAINTAINING THE HIGHEST QUALITY STANDARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM PROVIDES SUPPORTIVE RESIDENT SERVICES AND FACILITIES WHICH HELP INDIVIDUALS WITH BEHAVORIAL HEALTH AND PHYSICAL HEALTH NEEDS TO ADJUST TO LIVING IN THE COMMUNITY AT A LEVEL SATISFACTORY TO THEM AND TO OTHERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John J Gillick PHD President | OfficerTrustee | 2 | $0 |
Ellen Kennedy Director | Trustee | 1 | $0 |
Charles P Malarkey Treasurer | OfficerTrustee | 2 | $0 |
Robert M Goldstein ESQ Director | Trustee | 1 | $0 |
Donald Dauman Director | Trustee | 1 | $0 |
Peter R Hilligas Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Naples Roofing & Sheet Metal Roofing | 12/30/23 | $135,775 |
Gold Wynn Gate Circle Llc Rent | 12/30/23 | $128,805 |
E & R Horizons Llc Rent | 12/30/23 | $106,413 |
Greco Properties Rent | 12/30/23 | $506,098 |
Gold Wynn Delsan Court Llc Rent | 12/30/23 | $104,860 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,359,271 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,359,271 |
| Total Program Service Revenue | $13,943,435 |
| Investment income | $27,815 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,500 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,249,547 |
| 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. | $564,545 |
| Compensation of current officers, directors, key employees. | $564,545 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,297,875 |
| Pension plan accruals and contributions | $1,228,763 |
| Other employee benefits | $851,066 |
| Payroll taxes | $941,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $161,541 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $192,550 |
| Advertising and promotion | $854 |
| Office expenses | $746,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,902,041 |
| Travel | $215,902 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,838 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $368,815 |
| Insurance | $175,280 |
| All other expenses | $0 |
| Total functional expenses | $19,277,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $982,846 |
| Savings and temporary cash investments | $136,403 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,776,707 |
| 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 | $73,789 |
| Net Land, buildings, and equipment | $5,562,981 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $496,672 |
| Total assets | $10,029,398 |
| Accounts payable and accrued expenses | $1,087,609 |
| Grants payable | $0 |
| Deferred revenue | $448,548 |
| 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 | $2,916,397 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $340,272 |
| Total liabilities | $4,792,826 |
| Net assets without donor restrictions | $5,236,572 |
| 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 | $10,029,398 |