TRANSITIONAL SERVICES OF NEW YORK FOR LONG ISLAND

EIN: 112592828 501(c)(3) Mental Health

BRENTWOOD, NY

Total Revenue
$9,856,813
Total Expenses
$8,183,334
Total Assets
$18,548,395
Net Assets
$17,202,114
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NY
Principal Officer
LINDSAY MEYER
Phone
6312313619
Tax Period
2024-01-01 to 2024-12-31

TRANSITIONAL SERVICES OF NEW YORK FOR LONG ISLAND, founded in 1995, is a community nonprofit in the Mental Health sector that reported $9.9M in total revenue in fiscal year 2024. The organization ran a surplus of $1.7M, a strong 17% operating margin.

Mission

THE ORGANIZATION PROVIDES HOUSING AND SUPPORT SERVICES TO MENTALLY ILL ADULTS, FAMILIES AND HOMELESS INDIVIDUALS IN SUFFOLK COUNTY, NEW YORK. OUR GOAL IS TO ENABLE PARTICIPANTS TO LIVE IN THE COMMUNITY AT THE HIGHEST LEVEL OF INDEPENDENCE POSSIBLE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $192,114
Program Service Revenue $9,189,866
Investment Income $171,502
Other Revenue $303,331
TOTAL REVENUE $9,856,813

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,895,523
Fundraising Expenses $53,967
Program Expenses $6,964,792
Other Expenses $2,287,811
TOTAL EXPENSES $8,183,334

Year-over-Year Comparison

2024 2023 Change
Revenue $9,856,813 $9,205,054 +0.1%
Expenses $8,183,334 $8,715,726 -0.1%
Net Income $1,673,479 $489,328 +2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
Employees
75
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,206,278
Total Directors
8
$0
Key Employees
2
$466,190
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BONANNO BOARD MEMBER 0.50
Director
$0 $0 $0
GARY LOMBARDI VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
MARCIA FIELD BOARD MEMBER 0.50
Director
$0 $0 $0
KAY POSILLICO PRESIDENT 0.50
Officer Director
$0 $0 $0
JON H RUISS JR BOARD MEMBER 0.50
Director
$0 $0 $0
MARY BETH GRIFFIN BOARD MEMBER 0.50
Director
$0 $0 $0
REBECCA BONANNO SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
BURTON WESTON BOARD MEMBER 0.50
Director
$0 $0 $0
BRUNO LASPINA CEO 30.00
Officer
$571,785 $40,223 $696,624
LINDSAY MEYER COO 34.50
Officer
$264,749 $13,355 $315,326
COLLEEN JURAN CHIEF COMPLIANCE OFFICER 34.50
Officer
$135,655 $39,437 $194,328
JANINE GARRITI DIRECTOR OF OPERATIONS 34.50
Key Emp
$203,877 $45,688 $280,637
SHARON KENNEY HUMAN RESOURCES MANAGER 34.50
Key Emp
$145,351 $19,550 $185,553
SHARON JOHNSON PROGRAM MANAGER 45.00
Highest
$149,846 $18,605 $168,451
DEBORAH SANDERSON DIVISION MANAGER 34.00
Highest
$172,876 $20,813 $218,810
SUSAN CUSMANO PROGRAM MANAGER 59.00
Highest
$132,870 $12,683 $145,553
TRACEY BIRK SENIOR CASE MANAGER 72.75
Highest
$165,826 $28,979 $214,455
LINDA GHERES SENIOR BOOKKEEPER 31.50
Highest
$121,580 $6,265 $152,221
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2024 $9,856,813 $8,183,334 $18,548,395 $1,673,479
2023 $9,205,054 $8,715,726 $16,965,957 $489,328
2022 $8,725,445 $7,828,154 $16,496,952 $897,291
2021 $9,133,900 $7,007,782 $13,138,198 $2,126,118
2020 $8,291,862 $7,741,548 $11,044,446 $550,314
2020 $8,291,862 $7,741,548 $11,044,446 $550,314
2019 $7,265,125 $7,090,121 $10,426,849 $175,004
2018 $6,894,360 $7,225,533 $10,314,509 $-331,173
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