Grand Street Settlement Inc is located in New York, NY. The organization was established in 1927. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Grand Street Settlement Inc employed 700 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Street Settlement Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Grand Street Settlement Inc generated $42.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $33.5m during the year ending 06/2022. While expenses have increased by 9.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O - EARLY CHILDHOOD SERVICESEARLY CHILDHOOD:GRAND ST. SETTLEMENT SERVICED 894 CHILDREN (AGES BIRTH TO FIVE) AND THEIR FAMILIES IN 28 EARLY CHILDHOOD EDUCATION SITES IN THE LOWER MANHATTAN AND BROOKLYN. THIS INCLUDES 626 CHILDREN IN GSS-RUN CENTERS, AND 268 CHILDREN IN GSS-SUPPORTED CHILD CARE PARTNER CENTERS. IN FY22, 160 FAMILIES IN THE EARLY CHILDHOOD PROGRAMS ACHIEVED THEIR GOALS OF COMPLETED A DEGREE PROGRAM, JOB TRAINING PROGRAM, RECEIVING LEGAL ASSISTANCE, OR OTHER KEY ACCOMPLISHMENTS. THIRTEEN FAMILY MEMBERS COMPLETED DEGREE GRANTING PROGRAMS. GSS LINKED ELIGIBLE CHILDREN TO COMPREHENSIVE SPECIAL NEEDS SERVICES AND THERAPIES SUCH AS OCCUPATIONAL, PHYSICAL, AND SPEECH THERAPY. FAMILIES RECEIVED ALL SPECIAL NEEDS SERVICES FOR FREE, AND THE TOTAL VALUE OF THOSE SERVICES WAS APPROXIMATELY $12,000 PER CHILD.
FAMILIES/BENEFITS ASSISTANCE:THROUGH OUR BENEFITS ASSISTANCE (FORMERLY KNOWN AS SINGLE STOP) PROGRAM AND OTHER SOCIAL WORKER SUPPORT, IN FISCAL YEAR 2022, GSS SECURED BENEFITS AND SERVICES FOR 1,087 FAMILIES TOTALING OVER $2.7 MILLION WORTH OF ASSISTANCE. GSS SUPPORTS FAMILIES IN MEETING THEIR FINANCIAL GOALS INCLUDING PROVIDING FREE TAX PREPARATION SERVICES TO 311 HOUSEHOLDS. GSS REFERRALS FOR LEGAL ASSISTANCE HELPED 58 WITH LEGAL ISSUES. THE PROGRAM CONNECTED 204 HOUSEHOLDS TO EMERGENCY BROADBAND INTERNET SERVICES, ENROLLED 39 PEOPLE IN JOB TRAINING AND RESUME BUILDING, AND CONNECTED 345 FAMILIES TO FOOD PANTRY SERVICES.GSS SAW A DECREASE IN THE NUMBER OF PEOPLE NEEDED LEGAL ASSISTANCE, PRIMARILY BECAUSE OF THE PANDEMIC-RELATED EVICTION MORATORIUM. THE NEEDS FOR EVICTION-RELATED LEGAL SERVICES IS EXPECTED TO SKYROCKET WHEN THE MORATORIUM IS LIFTED.
SEE SCHEDULE O - YOUTH AND COMMUNITY DEVELOPMENT SERVICESYOUTH AND COMMUNITY DEVELOPMENT SERVICES: GSS PROVIDED OVER 3,000 HOURS OF OUT-OF-SCHOOL LEARNING ACTIVITIES TO OVER 6,383 SCHOOL-AGE CHILDREN FROM LOW-INCOME COMMUNITIES IN NEW YORK CITY. THIS INCLUDES AFTERSCHOOL AND SUMMER DAY CAMP AT SCHOOLS AND COMMUNITY CENTERS ACROSS THE LOWER EAST SIDE AND BROOKLYN. GSS YOUTH PROGRAMS ARE PROVEN TO IMPROVE ATTENDANCE, GRADES, GREATER PARTICIPATION IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) EDUCATION, AND COMMUNITY SUPPORTS FOR YOUTH. IN FY2022, GSS EXPANDED ITS STEM LEARNING CURRICULUM TO 585 PUBLIC SCHOOL STUDENTS WHO LIVE IN PUBLIC HOUSING.IN FISCAL YEAR 2022, GSS CONTINUED TO PARTNER WITH BEST BUY TO ENRICH AND EXPAND A TEEN TECH CENTER IN THE FORMER GRANDLO CAF SPACE AT 168 BROOME ST. THE PROGRAM IS FULLY OPERATIONAL AND FULLY ENROLLED, FOCUSING ON TEENS WHO GO TO NEARBY PUBLIC SCHOOLS AND LIVE IN NEARBY PUBLIC HOUSING. THE SUCCESS OF THIS PROGRAM SHOWS THAT IT IS POISED TO EXPAND TO OTHER YOUTH AFTERSCHOOL AND SUMMER CAMP SITES.
SEE SCHEDULE O - SENIOR SERVICESSENIOR SERVICES: GSS IS COMMITTED TO ENSURING THAT OLDER ADULTS FROM THE LOW-INCOME COMMUNITIES WE SERVE HAVE THE SERVICES AND SUPPORT NEEDED TO AGE IN PLACE AND REMAIN ACTIVE MEMBERS OF THE COMMUNITY. BEYOND BEING A SERVICE PROVIDER, GSS FUNCTIONS AS A GATHERING PACE THAT HONORS THIS PERIOD OF LIFE FOR ITS TREMENDOUS POTENTIAL FOR PERSON GROWTH, WISDOM, AND CREATIVITY, IMPROVING QUALITY OF LIFE BY OFFERING AMPLE OPPORTUNITIES FOR SENIORS TO VOLUNTEER AND EXPLORE THE RICH CULTURAL AND LINGUISTIC DIVERSITY THAT DEFINES THE LOWER EAST SIDE. OUR PRIMARY NEIGHBORHOOD SENIOR CENTER, THE GRAND COALITION OF SENIORS, IS LOCATED WITHIN OUR HEADQUARTERS BUILDING AT 80 PITT ST., ADJACENT TO LARGE NEW YORK CITY HOUSING AUTHORITY (NYCHA) DEVELOPMENTS, THE GOMPERS HOUSES, THE BARUCH HOUSES, AND NEAR SEVERAL OTHER NYCHA AND AFFORDABLE HOUSING COMPLEXES. THE GRAND COALITION OF SENIORS SERVES NEARLY 2,000 PEOPLE A YEAR. GSS ALSO OPERATES SENIOR PROGRAMS AT A NATURALLY OCCURRING RETIREMENT COMMUNITY (NORC) IN THE BARUCH HOUSES WITH 800 PARTICIPANTS. GSS SERVES SENIORS AT OUR HUD 202 SENIOR HOUSING FACILITY ON EAST 6TH ST., WHICH SERVES 108 SENIOR RESIDENTS, AND AT THE ESSEX CROSSING COMMUNITY CENTER AT 175 DELANCEY ST. IN ESSEX CROSSING, WHICH SERVES 150 SENIORS WHO LIVE IN THE BUILDING.SENIOR SERVICES CHANGED SIGNIFICANTLY IN FY2022. THE PROGRAM CONTINUED TO CAREFULLY AND SLOWLY REOPENED AS PANDEMIC-RELATED HEALTH AND SAFETY MEASURES ALLOWED. THE GRAND COALITION OF OLDER ADULTS AT 80 PITT ST. WAS RELOCATED TO THE ESSEX CROSSING COMMUNITY CENTER AT 175 DELANCEY ST. SO THAT THE 80 PITT ST. BUILDING COULD UNDERGO THE LONG-PLANNED CAPITAL RENOVATION PROJECT, WHICH IS NEARING COMPLETION. SENIORS EXPERIENCED LITTLE DISRUPTION OF SERVICES, AND SHUTTLE VANS WERE USED TO ACCOMMODATE SENIORS IF THEY WERE FURTHER AWAY FROM ESSEX CROSSING. FOOD DISTRIBUTION CONTINUED TO HOMEBOUND SENIORS. THE PROGRAM PLANS TO RETURN TO THE COMMUNITY CENTER AT 80 PITT ST. WHEN THE BUILDING RENOVATION IS COMPLETELY IN 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sylvia M Montero Chair | OfficerTrustee | 2 | $0 |
Ralph W Rose President | OfficerTrustee | 10 | $0 |
Alberto Jimenez Secretary | OfficerTrustee | 1 | $0 |
David M Lee Treasurer | OfficerTrustee | 1 | $0 |
Adam Angelowicz Director | Trustee | 1 | $0 |
Alan Jay Brazil Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Btq Financial Financial Services | 6/29/22 | $993,861 |
Constructomics Llc Construction Services | 6/29/22 | $636,571 |
Little Bell Childcare Corp Day Care Services | 6/29/22 | $536,680 |
G & T Childcare Corp Day Care Services | 6/29/22 | $428,564 |
Kreative Kare Day Care Center Inc Day Care Services | 6/29/22 | $311,493 |
Statement of Revenue | |
---|---|
Federated campaigns | $504,554 |
Membership dues | $0 |
Fundraising events | $274,812 |
Related organizations | $0 |
Government grants | $38,662,194 |
All other contributions, gifts, grants, and similar amounts not included above | $2,721,697 |
Noncash contributions included in lines 1a–1f | $40,506 |
Total Revenue from Contributions, Gifts, Grants & Similar | $42,163,257 |
Total Program Service Revenue | $15,697 |
Investment income | $105,043 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $433,880 |
Net Income from Fundraising Events | -$151,165 |
Net Income from Gaming Activities | $13,080 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $42,786,471 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $264,514 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $621,989 |
Compensation of current officers, directors, key employees. | $42,041 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $15,801,093 |
Pension plan accruals and contributions | $466,629 |
Other employee benefits | $2,479,578 |
Payroll taxes | $1,375,961 |
Fees for services: Management | $0 |
Fees for services: Legal | $55,759 |
Fees for services: Accounting | $1,017,202 |
Fees for services: Lobbying | $88,797 |
Fees for services: Fundraising | $6,500 |
Fees for services: Investment Management | $64,381 |
Fees for services: Other | $3,762,350 |
Advertising and promotion | $182 |
Office expenses | $2,745,077 |
Information technology | $584,877 |
Royalties | $0 |
Occupancy | $806,356 |
Travel | $122,029 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $332,431 |
Interest | $12,542 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $320,962 |
Insurance | $467,399 |
All other expenses | $275,106 |
Total functional expenses | $33,459,971 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,844,658 |
Savings and temporary cash investments | $51,447 |
Pledges and grants receivable | $16,942,386 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $174,271 |
Net Land, buildings, and equipment | $11,410,885 |
Investments—publicly traded securities | $5,632,271 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $58,890 |
Total assets | $36,114,808 |
Accounts payable and accrued expenses | $3,924,310 |
Grants payable | $0 |
Deferred revenue | $54,909 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,260,000 |
Unsecured mortgages and notes payable | $2,268,515 |
Other liabilities | $4,969,555 |
Total liabilities | $12,477,289 |
Net assets without donor restrictions | $17,754,258 |
Net assets with donor restrictions | $5,883,261 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $36,114,808 |
Over the last fiscal year, Grand Street Settlement Inc has awarded $61,587 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
GRANDLO CAFE INC PURPOSE: CROWDFUNDING CAMPAIGN TO SUPPORT THE LAUNCH OF THE GRANDLO CAFE | $55,335 |
HISPANIC FEDERATION PURPOSE: TO ASSIST IN DISASTER RELIEF EFFORTS FOR PUERTO RICO FOLLOWING HURRICANE MARIA | $6,252 |