TRI-STATE REAL ESTATE INVESTORS INC (EIN 232578464) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

MATT WAHL

Phone

2157122525

Tax Period

2024-01-01 to 2024-12-31

TRI-STATE REAL ESTATE INVESTORS INC, founded in 1989, is a small nonprofit that reported $308K in total revenue in fiscal year 2024. Net assets of $1.4M represent 55 months of operating reserves.

Mission

THIS BUSINESS ASSOCIATION OR LEAGUE PURPOSE IS TO EDUCATE ITS MEMBERS ON REAL ESTATE INVESTING. THIS EDUCATIONAL FUNCTION IS ACCOMPLISHED THROUGH THE DISTRIBUTION OF MONTHLY NEWSLETTERS, OUTSIDE SPEAKERS, AND EDUCATIONAL CLASSES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $245,182

Investment Income $60,257

Other Revenue $2,890

TOTAL REVENUE $308,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,784

Fundraising Expenses $0

Program Expenses $208,561

Other Expenses $252,231

TOTAL EXPENSES $316,015

Year-over-Year Comparison

	2024	2023	Change
Revenue	$308,329	$319,192	0.0%
Expenses	$316,015	$304,099	+0.0%
Net Income	$-7,686	$15,093	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$39,000

Total Directors

$39,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND LEMIRE	TREASURER	3.00	Officer Director	$12,000	$0	$12,000
MATT WAHL	PRESIDENT	3.00	Officer Director	$15,000	$0	$15,000
JON OWENS	VICE PRESIDENT	1.00	Officer Director	$6,000	$0	$6,000
TODD BENTLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DON ROTANZ	BOARD MEMBER	1.00	Director	$0	$0	$0
AL MOFFA	BOARD MEMBER	1.00	Director	$0	$0	$0
IGOR ZABRODIN	SECRETARY	1.00	Officer Director	$6,000	$0	$6,000
MASON KIMBALL	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANA WONG	BOARD MEMBER	1.00	Director	$0	$0	$0
DEEPTA HIREMATH	BOARD MEMBER	1.00	Director	$0	$0	$0

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	$308,329	$316,015	$1,431,785	$-7,686
2023	$319,192	$304,099	$1,417,668	$15,093
2022	$263,035	$239,799	$1,382,164	$23,236
2021	$264,875	$260,386	$1,325,442	$4,489
2020	$294,262	$278,623	$1,300,977	$15,639
2019	$285,192	$331,557	$1,303,111	$-46,365
2018	$348,430	$396,288	$1,326,899	$-47,858

TRI-STATE REAL ESTATE INVESTORS INC