MARGARET TIETZ NURSING AND REHABILITATION CENTER

EIN: 136266115 501(c)(3) Health Care

FLUSHING, NY

Total Revenue
$2,241
Total Expenses
$4,465
Total Assets
$2,896,691
Net Assets
$190,693
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
NY
Principal Officer
TARA BUONOCORE-RUT
Phone
7185194238
Tax Period
2024-01-01 to 2024-12-31

MARGARET TIETZ NURSING AND REHABILITATION CENTER, founded in 1967, is a micro nonprofit in the Health Care sector that reported $2K in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. Expenses of $4K exceeded revenue, resulting in a 99% operating deficit.

Mission

THE ORGANIZATION PROVIDED SKILLED NURSING FACILITY SERVICES.

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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 $0
Program Service Revenue $0
Investment Income $2,241
Other Revenue $0
TOTAL REVENUE $2,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $4,465
TOTAL EXPENSES $4,465

Year-over-Year Comparison

2024 2023 Change
Revenue $2,241 $1,357 +0.7%
Expenses $4,465 $1,301 +2.4%
Net Income $-2,224 $56 -40.7%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
17

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
7
$3,517,561
Total Directors
10
$0
Key Employees
2
$884,945
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL R POTACK CHAIRMAN 0.50
Officer Director
$0 $0 $0
HARVEY ISHOFSKY VICE CHAIRMAN 0.50
Officer Director
$0 $0 $0
MYRON SCHLANGER SECRETARY 0.50
Officer Director
$0 $0 $0
KENNETH ZUCKERBROT ASST SEC/TREASURER, THRU NOV. 2024 0.50
Officer Director
$0 $0 $0
RUSSELL D FISHER TRUSTEE 0.50
Director
$0 $0 $0
NEIL HEYMAN TRUSTEE 0.50
Director
$0 $0 $0
STEPHEN KANTOR DDS TRUSTEE 0.50
Director
$0 $0 $0
HOWARD KRAIN TRUSTEE 0.50
Director
$0 $0 $0
PALLAV RAGHUVANSHI TRUSTEE 0.25
Director
$0 $0 $0
FRED SGANGA TRUSTEE 0.25
Director
$0 $0 $0
TARA BUONOCORE-RUT PRESIDENT/CEO 0.25
Officer
$0 $220,562 $1,983,728
SHAUN RUSKIN EXEC. VP, CSO THRU JUNE 2024 0.25
Officer
$0 $9,001 $612,162
LENY TIRTASAPUTRA CFO 0.25
Officer
$0 $120,695 $921,671
DAVID SILVA MOJICA CHIEF HR OFFICER 0.25
Key Emp
$0 $54,798 $493,894
ALICIA NELSON-JONES CHIEF COMPLIANCE OFFICER 0.25
Key Emp
$0 $55,318 $391,051
JEANNIE DOHERTY-BENCKWIT VP OF BUSINESS DEVELOPMENT 0.25
Highest
$0 $14,151 $384,446
EMINA TABAKOVIC VP OF OPERATIONS 0.25
Highest
$0 $57,554 $384,382
JUSTIN WALTER VP OF PERFORMANCE IMPROVEMENT 0.25
Highest
$0 $53,359 $380,818
GILDA ST FLEUR VP OF QUALITY 0.25
Highest
$0 $43,301 $374,693
ALIONA COCHIORVA VP OF STRATEGIC INITIATIVES THRU DEC 2024 0.25
Highest
$0 $46,089 $331,290
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 $2,241 $4,465 $2,896,691 $-2,224
2023 $1,357 $1,301 $2,583,112 $56
2022 $140 $15,144 $2,272,621 $-15,004
2021 $90 $9,254 $3,192,792 $-9,164
2020 No data $258,183 $2,425,342 No data
2019 $23,833,656 $3,051,871 $4,753,962 $20,781,785
2018 $31,459,450 $30,855,141 $29,128,133 $604,309
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