Transitional Services Inc
- Assets
- $9.3m
- Revenue
- $17.9m
- Investments
- $0.0
- Employees
- 230
- Location
- Buffalo, NY
- Founding
- 12/1972
- Data as of
- 12/2021
- EIN
- 16-0990574
Organization Overview
Transitional Services Inc is located in Buffalo, NY. The organization was established in 1972. As of 12/2021, Transitional Services Inc employed 230 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 12/2021, Transitional Services Inc generated $17.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $15.5m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 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
2021
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 |
|---|---|---|---|
Rosemary Duran Executive Director | Officer | 37.5 | $159,168 |
John J Gillick PHD Vice President | OfficerTrustee | 2 | $0 |
Charles P Malarkey Treasurer | OfficerTrustee | 2 | $0 |
Donald Dauman President | OfficerTrustee | 2 | $0 |
Ellen Kennedy Director | Trustee | 1 | $0 |
Robert M Goldstein ESQ Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greco Properties Rent | 12/30/21 | $526,615 |
Community Services Rent | 12/30/21 | $116,366 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,845,076 |
| 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 | $3,845,076 |
| Total Program Service Revenue | $14,019,832 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$59,091 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,853,273 |
| 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. | $159,168 |
| Compensation of current officers, directors, key employees. | $159,168 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,033,993 |
| Pension plan accruals and contributions | $430,925 |
| Other employee benefits | $842,198 |
| Payroll taxes | $813,652 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,175 |
| Fees for services: Accounting | $116,856 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,540 |
| Advertising and promotion | $7,732 |
| Office expenses | $574,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,571,738 |
| Travel | $138,724 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,965 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $309,006 |
| Insurance | $131,084 |
| All other expenses | $5,765 |
| Total functional expenses | $15,501,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,093,042 |
| Savings and temporary cash investments | $110,735 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,061,712 |
| 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 | $0 |
| Net Land, buildings, and equipment | $3,859,256 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $184,633 |
| Total assets | $9,309,378 |
| Accounts payable and accrued expenses | $1,106,434 |
| Grants payable | $0 |
| Deferred revenue | $617,284 |
| 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 | $3,020,939 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,744,657 |
| Net assets without donor restrictions | $4,564,721 |
| 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 | $9,309,378 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Transitional Services Inc has recieved totaling $14,636.
| Awarding Organization | Amount |
|---|---|
Feedmore Western New York Inc Buffalo, NY PURPOSE: PROGRAM EXPENSES | $14,539 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Abilis Inc Greenwich, CT | $15,787,242 | $27,221,520 |
Transitional Services Inc Buffalo, NY | $9,309,378 | $17,853,273 |
Reliance Health Inc Norwich, CT | $5,093,297 | $14,005,308 |
Career Opportunity Development Inc Egg Harbor City, NJ | $5,786,535 | $9,221,842 |
Housing Options & Geriatric Association & Resources Inc Bronx, NY | $5,301,194 | $8,395,552 |
Transitional Services Of New York For Long Island Inc Brentwood, NY | $13,138,198 | $9,133,900 |
Central Naugatuck Valley Help Incorporated Waterbury, CT | $974,128 | $4,402,652 |
Keystone House Inc Norwalk, CT | $1,760,341 | $2,848,625 |
Pathways Inc Greenwich, CT | $9,611,501 | $2,517,120 |
Damon House Inc New Brunswick, NJ | $2,299,138 | $2,718,387 |
Parents Foundation For Transitional Living Inc New Haven, CT | $1,783,065 | $2,358,814 |
Threshold Inc Greensburg, PA | $1,007,882 | $1,831,505 |