TSI PROPERTIES I INC

EIN: 208218002 501(c)(3) Housing & Shelter

WHITESTONE, NY

Total Revenue
$73,522
Total Expenses
$162,944
Total Assets
$1,967,037
Net Assets
$1,575,123
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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
2006
Legal Domicile
NY
Principal Officer
LARRY S GRUBLER PSYD
Phone
7187466647
Tax Period
2022-07-01 to 2023-06-30

TSI PROPERTIES I INC, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $74K in total revenue in fiscal year 2022. Expenses of $163K exceeded revenue, resulting in a 122% operating deficit.

Mission

TO RENOVATE AND OPERATE A RESIDENTIAL FACILITY FOR ADULTS WITH SEVERE MENTAL ILLNESS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $30,152
Program Service Revenue $43,361
Investment Income $9
Other Revenue $0
TOTAL REVENUE $73,522

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,220
Fundraising Expenses $0
Program Expenses $142,990
Other Expenses $159,724
TOTAL EXPENSES $162,944

Year-over-Year Comparison

2022 2021 Change
Revenue $73,522 $74,816 0.0%
Expenses $162,944 $154,231 +0.1%
Net Income $-89,422 $-79,415 +0.1%
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

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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
5
$720,031
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ABBEY GOLDSTEIN ESQ PRESIDENT 0.20
Officer Director
$0 $0 $0
VLADIMIR GASCA MD VICE PRESIDENT 0.20
Officer Director
$0 $0 $0
PAUL WILSON SECRETARY/TREASURER 0.20
Officer Director
$0 $0 $0
LARRY S GRUBLER PSYD ASSIST SECRET(NONVOTING)/CEO-TSINY 0.50
Officer
$0 $100,627 $415,087
STANLEY L CORFMAN CPA CFO-TSINY 0.50
Officer
$0 $73,926 $304,944
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 No data No data No data No data
2024 No data No data No data No data
2023 $73,522 $162,944 $1,967,037 $-89,422
2022 $74,816 $154,231 $2,021,516 $-79,415
2021 $76,441 $150,133 $2,063,488 $-73,692
2020 $70,214 $148,227 $2,086,161 $-78,013
2019 $68,197 $137,167 $2,141,326 $-68,970
2018 $150,693 $186,057 $2,207,560 $-35,364
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