LIFESPIRE INC

EIN: 132526022 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$110,669,165
Total Expenses
$104,323,948
Total Assets
$166,156,281
Net Assets
$77,820,798
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
NY
Phone
2127410100
Tax Period
2024-07-01 to 2025-06-30

LIFESPIRE INC, founded in 1951, is a major nonprofit in the Human Services sector that reported $110.7M in total revenue in fiscal year 2024. Expenses of $104.3M left a modest 6% surplus.

Mission

To champion and support people who have intellectual/developmental disabilities to realize their goals and dreams.

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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 $2,843,572
Program Service Revenue $106,923,124
Investment Income $899,831
Other Revenue $2,638
TOTAL REVENUE $110,669,165

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,683,486
Fundraising Expenses $0
Program Expenses $96,230,284
Other Expenses $52,640,462
TOTAL EXPENSES $104,323,948

Year-over-Year Comparison

2024 2023 Change
Revenue $110,669,165 $102,655,389 +0.1%
Expenses $104,323,948 $99,635,251 +0.0%
Net Income $6,345,217 $3,020,138 +1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
990
Volunteers
16

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
$844,728
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELLEN GREENE BOARD MEMBER (UNTIL APRIL 2025) 0.5
Officer Director
$0 $0 $0
MICHAEL S GROSS CHAIRMAN 0.5
Officer Director
$0 $0 $0
SUZANNE REVELL TREASURER 0.5
Officer Director
$0 $0 $0
AUTHUR PALEVSKY BOARD MEMBER 0.5
Director
$0 $0 $0
BERNADETTE TISO BOARD MEMBER 0.5
Director
$0 $0 $0
DANIEL HAFF BOARD MEMBER 0.5
Director
$0 $0 $0
JANELLE COLON BOARD MEMBER 0.5
Director
$0 $0 $0
JEFFREY GOODMAN BOARD MEMBER 0.5
Director
$0 $0 $0
LUCY PERMAN VICE CHAIR 0.5
Director
$0 $0 $0
LYNN STANSEL BOARD MEMBER 0.5
Director
$0 $0 $0
MARGARET DAVINO BOARD MEMBER 0.5
Director
$0 $0 $0
PAUL CASSONE BOARD MEMBER 0.5
Director
$0 $0 $0
PEDRO SANTIAGO BOARD MEMBER 0.5
Director
$0 $0 $0
ROBERT KRAKOW BOARD MEMBER 0.5
Director
$0 $0 $0
THOMAS MCALVANAH BOARD MEMBER 0.5
Director
$0 $0 $0
WENDY INGORVAIA BOARD MEMBER 0.5
Director
$0 $0 $0
DIANA PORTOCARRERO VEGA CHIEF OPERATING OFFICER 35.0
Officer
$188,776 $14,790 $203,566
EMILIO BONILLA CHIEF FINANCIAL OFFICER 35.0
Officer
$260,733 $18,693 $279,426
THOMAS LYDON PRESIDENT/CEO 35.0
Officer
$325,485 $36,251 $361,736
AKINTAYO FADOJU DIRECTOR OF NURSING SERVICES 35.0
Highest
$144,177 $38,114 $182,291
HOWARD TRAUB DIRECTOR OF CLINICAL SERVICE 35.0
Highest
$151,933 $23,584 $175,517
JAMES NORMANDY VP FOR DAY & COMMUNITY SVCS 35.0
Highest
$172,707 $31,984 $204,691
PETER VALVO VP FOR IT 48.0
Highest
$158,367 $47,659 $206,026
QUYEN LY CONTROLLER 35.0
Highest
$141,198 $1,370 $142,568
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
2025 $110,669,165 $104,323,948 $166,156,281 $6,345,217
2024 $102,655,389 $99,635,251 $154,126,270 $3,020,138
2023 $105,657,615 $97,765,946 $148,222,008 $7,891,669
2022 $104,118,369 $95,608,228 $111,308,535 $8,510,141
2021 $78,323,520 $86,109,379 $86,539,765 $-7,785,859
2020 $98,151,951 $96,239,625 $80,597,000 $1,912,326
2019 $100,389,295 $101,033,656 $80,529,567 $-644,361
2018 $101,456,360 $101,543,931 $80,551,097 $-87,571
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