2025-05-07T17:56:56-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-07-01 135562230 GRAND STREET SETTLEMENT INC GRAN 2126741740 80 PITT STREET NEW YORK NY 10002 ROBERT CORDERO EXECUTIVE DIRECTOR 2126741740 2025-05-07 1 1 MELISSA MODELSON P01603524 9143818900 2025-05-07 2023 2025-03-06 01:10:19Z ROBERT CORDERO 80 PITT STREET NEW YORK NY 10002 43785159 0 X WWW.GRANDSETTLEMENT.ORG X 1916 NY SEE SCHEDULE O 25 25 763 300 0 0 43566058 42866637 14486 11724 203029 184770 -135972 -305289 43647601 42757842 326712 215553 0 0 23582333 26655058 0 0 937863 15792977 15980112 39702022 42850723 3945579 -92881 40925376 43309328 13010891 15073825 27914485 28235503 X SEE SCHEDULE OGRAND ST. SETTLEMENT EXPANDS OPPORTUNITIES FOR LOW-INCOME FAMILIES AND INDIVIDUALS BY PROVIDING CULTURALLY RELEVANT SERVICES THAT SUPPORT COMMUNITY BUILDING, ADVOCACY, SELF-DETERMINATION AND AN ENRICHED QUALITY OF LIFE. SINCE ITS FOUNDING IN 1916, GRAND ST. SETTLEMENT HAS OFFERED A CONTINUUM OF INNOVATIVE PROGRAMS RANGING FROM EARLY CHILDHOOD AND YOUTH DEVELOPMENT TO COMMUNITY SUPPORT FOR ADULTS AND SENIORS. 0 0 19952277 0 0 SEE SCHEDULE O - EARLY CHILDHOOD SERVICESEARLY CHILDHOOD:FOR NEARLY SEVENTY YEARS, GRAND STREET HAS PROVIDED HIGH-QUALITY EARLY CHILDHOOD SERVICES IN NEW YORK CITY, ADHERING TO THE HEAD START STANDARDS. CHILDREN "STEP-UP" TO KINDERGARTEN SCHOOL-READY, AND FAMILIES HAVE THE RESOURCES TO PROVIDE HEALTHY LEARNING ENVIRONMENTS AT HOME. GRAND STREET IS ALSO A TRUSTED PROVIDER IN SERVICES FOR CHILDREN WITH DISABILITIES AND DELAYS.GRAND ST. SETTLEMENT SERVICED 1,019 CHILDREN (AGES BIRTH TO FIVE) AND THEIR FAMILIES IN 27 EARLY CHILDHOOD EDUCATION SITES IN THE LOWER MANHATTAN AND BROOKLYN. THIS INCLUDES 563 CHILDREN IN GSS-RUN CENTERS, AND 382 CHILDREN IN GSS-SUPPORTED CHILD CARE PARTNER CENTERS. IN FY24, 695 FAMILIES IN THE EARLY CHILDHOOD PROGRAMS ACHIEVED THEIR GOALS OF COMPLETED A DEGREE PROGRAM, JOB TRAINING PROGRAM, RECEIVING LEGAL ASSISTANCE, OR OTHER KEY ACCOMPLISHMENTS. 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, WHICH TYPICALLY WOULD COST OVER $12,000 ANNUALLY. 9691636 0 0 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 OLDER ADULTS SERVED OVER 2,274 PEOPLE IN FY24. GSS ALSO OPERATES SENIOR PROGRAMS AT A NATURALLY OCCURRING RETIREMENT COMMUNITY (NORC) IN THE BARUCH HOUSES WITH 600+ PARTICIPANTS. GSS SERVES SENIORS AT OUR HUD 202 SENIOR HOUSING FACILITY ON EAST 6TH ST., WHICH SERVES 99 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.OUR GRAND COALITION OF OLDER ADULTS DISTRIBUTED 39,460 CONGREGATE AND GRAB-AND-GO MEALS TO OLDER ADULTS, AND PROVIDED VITAL SERVICES INCLUDING HEALTH MANAGEMENT, EVIDENCE-BASED FALL PREVENTION AND EXERCISE, NUTRITION EDUCATION, CASE ASSISTANCE, AND MORE.OUR BARUCH ELDER SERVICES TEAM (BEST) PROVIDED OVER 1,474 HOURS OF CASE MANAGEMENT AND HEALTH CARE MANAGEMENT, AND 904 MENTAL HEALTH COUNSELING SESSIONS (AMONG OTHER SERVICES) TO OLDER ADULTS LIVING IN NYCHA'S BARUCH HOUSESMANY OF WHOM ARE HOMEBOUND. 5069520 215553 11724 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 6,125 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 PROVIDE HANDS-ON LEARNING FOR YOUTH, INCLUDING STEM ACTIVITIES, ARTS EXPLORATION, LIFE SKILLS AND ACADEMIC LEARNING, LEADERSHIP DEVELOPMENT. OUR COMMUNITY CENTERS ALSO HOSTED NEIGHBORHOOD EVENTS AND PROGRAMMING FOR 600 ADULT COMMUNITY MEMBERS. YOUTH AT GRAND STREET'S BEST BUY TEEN TECH CENTER HAVE RECENTLY GONE ONTO STEM-RELATED MAJORS AT 4-YEAR UNIVERSITIES INCLUDING: BROOKLYN COLLEGE (FILMMAKING); THE CITY COLLEGE OF NEW YORK (COMPUTER SCIENCE); JOHN JAY COLLEGE OF CRIMINAL JUSTICE (FORENSIC PATHOLOGY); NEW YORK INSTITUTE OF TECHNOLOGY (COMPUTER & INFORMATION SCIENCES); NEW YORK UNIVERSITY (COLLEGE OF ARTS & SCIENCES: PRE-MED; TISCH SCHOOL OF THE ARTS: INTERACTIVE MEDIA ARTS; STEINHARDT SCHOOL OF CULTURE, EDUCATION, AND HUMAN DEVELOPMENT: NUTRITION & FOOD STUDIES); STEVENS INSTITUTE OF TECHNOLOGY (MUSIC TECHNOLOGY); UNIVERSITY AT BUFFALO (INFORMATION TECHNOLOGY & MANAGEMENT); AND WILLIAMS COLLEGE (COMPUTER SCIENCE). 320561 0 0 FAMILIES/BENEFITS ASSISTANCETHROUGH OUR BENEFITS ASSISTANCE PROGRAM AND OTHER SOCIAL WORKER SUPPORT, IN FISCAL YEAR 2024, GSS SCREENED BENEFITS AND SERVICES FOR 1,651 FAMILIES, WITH 976 ENROLLED IN AT LEAST 1 BENEFIT. GSS SUPPORTS FAMILIES IN MEETING THEIR FINANCIAL GOALS INCLUDING PROVIDING FREE TAX PREPARATION SERVICES TO 355 HOUSEHOLDS. GSS REFERRALS FOR LEGAL ASSISTANCE HELPED 271 WITH LEGAL ISSUES. THE PROGRAM ENROLLED 39 PEOPLE IN JOB TRAINING AND RESUME BUILDING, AND CONNECTED 387 FAMILIES TO FOOD PANTRY SERVICES.FOOD PANTRYGSS OPERATES WEEKLY FOOD PANTRIES ON THE LOWER EAST SIDE, WHICH MADE OVER 17,000 DISTRIBUTIONS LAST YEAR. 320561 0 0 35033994 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 363 0 763 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X NAIMA CHISOLM 2126741740 80 PITT STREET NEW YORK NY 10002 RALPH W ROSE CHAIR 10.00 0.00 X X 0 0 0 BRYAN KOPLIN PRESIDENT 2.00 0.10 X X 0 0 0 ALBERTO JIMENEZ SECRETARY 2.00 0.10 X X 0 0 0 DAVID M LEE TREASURER 2.00 0.00 X X 0 0 0 ADAM ANGELOWICZ DIRECTOR (THRU 04/2024) 1.00 0.00 X 0 0 0 ALAN JAY BRAZIL DIRECTOR 1.00 0.00 X 0 0 0 DIANA R BREEN DIRECTOR (THRU 11/2023) 1.00 0.00 X 0 0 0 ANDREW G CELLI JR DIRECTOR (THRU 06/2024) 1.00 0.00 X 0 0 0 BRETT DEARING DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN DEDYO DIRECTOR 1.00 0.00 X 0 0 0 ALEXANDER GARDNER DIRECTOR 1.00 0.00 X 0 0 0 SCOTT GEWIRTZ DIRECTOR 1.00 0.00 X 0 0 0 TRACIE F GOLDING-GERSON DIRECTOR 1.00 0.00 X 0 0 0 BRIAN GOMEZ DIRECTOR 1.00 0.10 X 0 0 0 TAMEKA GREEN DIRECTOR 1.00 0.00 X 0 0 0 JAMAL HALEPOTA DIRECTOR 1.00 0.00 X 0 0 0 DAN HEASMAN DIRECTOR 1.00 0.00 X 0 0 0 TAMARA HUBINSKY DIRECTOR 1.00 0.00 X 0 0 0 JOYCE LEE DIRECTOR 1.00 0.00 X 0 0 0 KENNETH W LIEBMAN DIRECTOR 1.00 0.00 X 0 0 0 SYLVIA M MONTERO DIRECTOR 2.00 0.00 X 0 0 0 SUMYA OJAKLI DIRECTOR 1.00 0.00 X 0 0 0 TENILLE PHAM SKELTON DIRECTOR 1.00 0.00 X 0 0 0 VICTOR RASUK DIRECTOR 1.00 0.00 X 0 0 0 JENNA SHEN DIRECTOR 1.00 0.00 X 0 0 0 NICHOLAS STEIN DIRECTOR 1.00 0.00 X 0 0 0 MARIO TUFANO DIRECTOR 1.00 0.00 X 0 0 0 TINT TINT YAP DIRECTOR 1.00 0.00 X 0 0 0 ROBERT CORDERO EXECUTIVE DIRECTOR 35.00 0.10 X 338979 0 80086 WILLING CHIN DEPUTY EXECUTIVE DIRECTOR 35.00 0.10 X 224701 0 61671 CLOVIS THORN MANAGING DIRECTOR OF DEVELOPMENT 35.00 0.00 X 195440 0 60396 THANH H BUI MANAGING DIRECTOR OF YOUTH 35.00 0.00 X 187860 0 54077 MARIA C DEJESUS MANAGING DIRECTOR OF HUMAN RESOURCES 35.00 0.00 X 181213 0 34027 ELSA PEREIRA MANAGING DIRECTOR OF OPERATIONS 35.00 0.00 X 155779 0 51037 AYANA REEFE HEAD START/EARLY HEAD START DIRECTOR 35.00 0.00 X 135483 0 42095 1419455 0 383389 13 0 1 0 CONSTRUCTOMICS LLC 40 BROAD STREET 4TH FLOOR NEW YORK NY 10004 CONSTRUCTION SERVICES 4339868 BTQ FINANCIAL A DIVISION OF CONSERO GLOB PO BOX 22528 NEW YORK NY 100872528 FINANCIAL SERVICE 994180 FAIRDINKUM CONSULTING LLC 15 EAST 32ND STREET NEW YORK NY 10016 CONSULTANT SERVICES 659525 GR SERVICES DBA GOBINDAT RAMLALL 120-41 SPRINGFIELD BOULEVARD JAMAICA NY 11411 CONSTRUCTION SERVICES 405608 TRADITIONAL EDUCATIONAL CENTER INC 1469 BROADWAY BROOKLYN NY 11221 DAY CARE SERVICES 326309 21 504401 427316 39916118 2018802 24690 42866637 PARTICIPANTS INCOME 624100 7485 7485 PARENT FEES 624100 4239 4239 11724 143045 143045 36000 36000 0 643494 601769 41725 41725 41725 35275 427316 388888 -353613 -353613 18600 660 17940 17940 MISCELLANEOUS INCOME 900099 29416 29416 REFUNDS 900099 968 968 30384 42757842 11724 0 -120519 X 215553 215553 699988 630774 53194 16020 20049863 18181442 1389368 479053 711631 641266 54079 16286 3523497 3176230 266891 80376 1670079 1504944 126914 38221 16168 16168 1093620 1093620 127050 127050 48583 48583 4446617 3629105 680149 137363 16070 16070 2512425 2178161 222417 111847 737062 181635 536298 19129 1113677 932219 178980 2478 208853 183257 23634 1962 658979 601357 51133 6489 97383 97383 1035925 1035925 551745 239 551506 FOOD 1313421 1288084 22867 2470 PARENT AND PARTICIPANT 858118 855415 2703 REPAIRS AND MAINTENANCE 363571 265794 95418 2359 CLASSROOM 252330 252330 528515 189139 315566 23810 42850723 35033994 6878866 937863 2522535 366220 38726 7228 12568036 11397077 165871 212358 21629785 3610346 17980061 18019439 5819443 5960807 1830704 7346199 40925376 43309328 5907595 4530963 56154 206172 1818592 1919882 2475970 205366 2752580 8211442 13010891 15073825 X 22347806 23814111 5566679 4421392 27914485 28235503 40925376 43309328 X -92881 575399 -161500 X X 0 1 X 1 1 1 X 26938767 31387971 41990408 43566058 42830337 186713541 2672707 2537074 2152079 2106752 3107880 12576492 29611474 33925045 44142487 45672810 45938217 199290033 199290033 141071 119855 141043 129312 143045 674326 20996 58024 206679 75819 30384 391902 200356261 120461 0.99470 0.99400 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 20,996. 2020 AMOUNT: $ 29,202. 2021 AMOUNT: $ 111,006. 2022 AMOUNT: $ 19,422. 2023 AMOUNT: $ 29,416. REFUNDS - 2020 AMOUNT: $ 28,822. 2021 AMOUNT: $ 15,673. 2022 AMOUNT: $ 56,397. 2023 AMOUNT: $ 968. LOAN FORGIVENESS - 2021 AMOUNT: $ 80,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 127050 127050 0 PART II-B, LINE 1: THE ORGANIZATION CONTRACTED WITH TWO LOBBYISTS FOR ASSISTANCE WITH SECURING FUNDING AND RESOLVING CONTRACTING ISSUES RELATED TO CITY AND STATE CAPITAL GRANTS AND RESOLVING ISSUES RELATED TO CITY CAPITAL BUDGET FUNDING. 3437292 93173 163006 3367459 3559662 69143 191513 3437292 3868160 -121088 187410 3559662 3625998 377342 135180 3868160 3741434 48022 163458 3625998 0.00000 1.00000 0.00000 0 0 150573 14740 135833 16680278 2849828 13830450 4798934 745778 4053156 18019439 RIGHT OF USE OPERATING LEASE ASSET 6862540 RIGHT OF USE FINANCE LEASE ASSET 415209 SECURITY DEPOSITS 68450 7346199 RIGHT OF USE OPERATING LEASE LIABILITY 7019151 ADVANCES FROM GOVERNMENT AGENCIES 850806 RIGHT OF USE FINANCE LEASE LIABILITY 341485 8211442 X 48154169 575399 4833511 36000 5444910 42709259 48583 48583 42757842 47833151 4833511 197500 5031011 42802140 48583 48583 42850723 PART V, LINE 4: PERMANENTLY RESTRICTED NET ASSETS CONSIST OF DONOR CONTRIBUTIONS RESTRICTED TO ENDOWMENT WHOSE PRINCIPAL MUST REMAIN INTACT IN PERPETUITY. INCOME EARNED MAY BE USED FOR GENERAL PURPOSES. PART X, LINE 2: GRAND STREET RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT GRAND STREET HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. GRAND STREET IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 36,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES REPORTED ON PART VIII, LINE 6B 36,000. WRITE-OFF OF PLEDGE RECEIVABLES 161,500. TASTE OF THE LOWER EAST SIDE 404159 385459 18700 0 45600 84250 5950 210173 GOLF CLASSIC 58432 41857 16575 3076 24225 0 750 14864 462591 427316 35275 3076 69825 84250 6700 225037 388888 -353613 18600 660 1 1.00000 18600 660 660 17940 NY 0 THE ORGANIZATION IS NOT REQUIRED TO OBTAIN A LICENSE IN NYS AS THE NET PROCEEDS FROM THE RAFFLE IS BELOW THE LICENSE REGISTRATION REQUIREMENT. 0 0 0 1.00000 0.00000 HAZEL CHICO 80 PITT STREET NEW YORK NY 10002 0 HAZEL CHICO 1521 EVENT AND CAMPAIGN MANAGER X 0 1 STIPENDS FOR PARTICIPANTS/VOLUNTEERS 287 215553 PART I, LINE 2: THE ORGANIZATION AWARDS STIPENDS TO INDIVIDUALS WHO SPEND TIME ON GSS PROJECTS AS WELL AS STUDENTS WHO ATTEND THE ACTIVITIES OFFERED BY THE ORGANIZATION. THE STUDENTS ARE AWARDED STIPENDS AS AN INCENTIVE TO ATTEND SCHOOL, AND ACHIEVE HIGH GRADES. X X X 0 0 0 0 0 0 0 0 0 ROBERT CORDERO EXECUTIVE DIRECTOR 338979 0 0 0 0 0 30757 0 49329 0 419065 0 0 0 WILLING CHIN DEPUTY EXECUTIVE DIRECTOR 224701 0 0 0 0 0 20582 0 41089 0 286372 0 0 0 CLOVIS THORN MANAGING DIRECTOR OF DEVELOPMENT 195440 0 0 0 0 0 17620 0 42776 0 255836 0 0 0 THANH H BUI MANAGING DIRECTOR OF YOUTH 187860 0 0 0 0 0 16928 0 37149 0 241937 0 0 0 MARIA C DEJESUS MANAGING DIRECTOR OF HUMAN RESOURCES 181213 0 0 0 0 0 16651 0 17376 0 215240 0 0 0 ELSA PEREIRA MANAGING DIRECTOR OF OPERATIONS 155779 0 0 0 0 0 14187 0 36850 0 206816 0 0 0 AYANA REEFE HEAD START/EARLY HEAD START DIRECTOR 135483 0 0 0 0 0 6858 0 35237 0 177578 0 0 0 FORM 990, PART I, LINE 1: FOUNDED IN 1916, THE CORPORATION PROVIDES RESIDENTS OF NEW YORK CITY WITH THE TOOLS AND SUPPORT THEY NEED TO OVERCOME CHALLENGING CIRCUMSTANCES AND BUILD PRODUCTIVE LIVES AND FUTURES, AS FURTHER DESCRIBED IN THE CERTIFICATE OF INCORPORATION. ITS COMPREHENSIVE AND INTEGRATED ARRAY OF CULTURALLY RELEVANT PROGRAMS AND SERVICES ASSIST MORE THAN 13,500 AREA RESIDENTS OF ALL AGES ANNUALLY FROM TODDLERS IN EARLY HEAD START AND DAY CARE TO SCHOOL-AGE YOUTH PARTICIPATING IN EDUCATIONAL AND RECREATIONAL AFTERSCHOOL PROGRAMS, TO PROGRAMS FOR YOUNG ADULTS AND SENIOR CITIZENS, INCLUDING PROVIDING HOUSING TO SENIORS. THE CORPORATION ALSO SUPPORTS THE MISSION AND PURPOSE OF THE GRAND STREET SETTLEMENT SENIOR HOUSING DEVELOPMENT FUND CORPORATION, A SPONSORED PROJECT OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 3 GRAND STREET SETTLEMENT OUTSOURCED ITS FINANCIAL DEPARTMENT TO BTQ FINANCIAL. BTQ PROVIDED THE FOLLOWING SERVICES: GENERAL FINANCIAL MANAGEMENT, PLANNING AND BUDGETING, MAINTAIN THE ACCOUNTING AND FINANCIAL SYSTEM AND ASSIST WITH MANAGING THE SETTLEMENT'S GRANTS. FEES INCURRED FOR BTQ DURING FISCAL YEAR 2024 FOR THESE SERVICES WERE $996,420. FORM 990, PART VI, SECTION B, LINE 11B GRAND STREET SETTLEMENT HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PRESENTED TO BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO KEY EMPLOYEES, BOARD MEMBERS, AND OFFICERS OF THE ORGANIZATION. UPON BEING HIRED, ALL EMPLOYEES ARE PROVIDED WITH THE EMPLOYEE HANDBOOK, WHICH INCLUDES A CONFLICT OF INTEREST POLICY. ALL EMPLOYEES ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT FORM STATING THAT THEY HAVE READ AND AGREE WITH THE POLICIES IN THE HANDBOOK. IF AN EMPLOYEE BECOMES AWARE OF A POTENTIAL CONFLICT DURING THE YEAR, THEY ARE REQUIRED TO NOTIFY EITHER THEIR SUPERVISOR OR THE EXECUTIVE DIRECTOR. THE BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE POLICY IS UPDATED ON AN ANNUAL BASIS TO ENSURE THAT ALL POTENTIAL CONFLICTS ARE HANDLED PROPERLY. IF ANY CONFLICTS WERE TO ARISE, THEY WOULD BE HANDLED BY THE INDEPENDENT DIRECTORS OF THE BOARD TO ENSURE THAT THE CONFLICTS DO NOT AFFECT OPERATIONS. THE INTERESTED PERSON WOULD BE EXCUSED FROM VOTING ON THE CONFLICT RESOLUTION. ANY RESOLUTION WOULD BE DOCUMENTED IN THE MINUTES TO THE MEETING, AND WOULD INCLUDE THE NAMES OF THE PERSONS INVOLVED, THE INDEPENDENT DIRECTORS WHO VOTED ON THE POTENTIAL CONFLICT, AND DECISION OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 DURING THE MONTH OF JULY, THE BOARD OF DIRECTORS SHALL, SUBJECT TO THE MINIMUM ANNUAL INCREASE SET FORTH BELOW, EVALUATE THE LEVEL OF COMPENSATION AND BENEFITS BEING PAID TO THE EXECUTIVE DIRECTOR BASED UPON HIS DUTIES AND RESPONSIBILITIES, THE MANNER IN WHICH HE CARRIES OUT THOSE DUTIES AND RESPONSIBILITIES, THE COMPENSATION BEING PAID TO INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR INSTITUTIONS IN THE SAME GEOGRAPHICAL AREA, THE PANO (PROFESSIONAL ASSOCIATION OF NONPROFIT ORGANIZATIONS) COMPENSATION SURVEY, AND ANY OTHER FACTORS WHICH THE BOARD OF DIRECTORS DEEMS TO BE RELEVANT WITH RESPECT TO THE COMPENSATION PAYABLE TO EXECUTIVES OF ORGANIZATIONS IN THE STATE OF NEW YORK. PROVIDED, HOWEVER, THAT (A) THE SETTLEMENT SHALL INCREASE EMPLOYEE'S BASE SALARY BY THE AMOUNT OF NO LESS THAN THREE PERCENT (3%) PER YEAR, AND (B) THE SETTLEMENT SHALL NOT, UNDER ANY CIRCUMSTANCES, INCREASE THE AMOUNT OF COMPENSATION OR BENEFITS PAYABLE TO THE EMPLOYEE BY ANY GREATER AMOUNT IF SUCH INCREASE RESULTS IN COMPENSATION AND/OR OTHER BENEFITS THAT ARE EXCESSIVE OR UNREASONABLE OR CONSTITUTE PRIVATE INUREMENT. THIS MINIMUM INCREASE IS DISCLOSED IN THE EMPLOYMENT AGREEMENT WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE LAST APPROVED HIS COMPENSATION IN FY2024. COMPENSATION FOR THE OTHER OFFICERS OF THE ORGANIZATION IS DETERMINED BY THE BOARD OF DIRECTORS ANNUALLY. THE BOARD OF DIRECTORS SHALL EVALUATE THE LEVEL OF COMPENSATION AND BENEFITS BEING PAID TO THE OFFICER BASED UPON HER DUTIES AND RESPONSIBILITIES, THE MANNER IN WHICH SHE CARRIES OUT THOSE DUTIES AND RESPONSIBILITIES, THE COMPENSATION BEING PAID TO INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR INSTITUTIONS IN THE SAME GEOGRAPHICAL AREA, AND ANY OTHER FACTORS WHICH THE BOARD OF DIRECTORS DEEMS TO BE RELEVANT WITH RESPECT TO THE COMPENSATION PAYABLE TO EXECUTIVES OF ORGANIZATIONS IN THE STATE OF NEW YORK. THE BOARD'S DISCUSSION AND APPROVAL OF THE COMPENSATION IS DOCUMENTED IN THE MINUTES TO THE MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE EXEMPT ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G FAMILY CARE HEALTH SERVICES: PROGRAM SERVICE EXPENSES 2,383,083. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,383,083. HEALTH AND EDUCATION SERVICES: PROGRAM SERVICE EXPENSES 456,110. MANAGEMENT AND GENERAL EXPENSES 283,868. FUNDRAISING EXPENSES 57,330. TOTAL EXPENSES 797,308. CONSULTANTS: PROGRAM SERVICE EXPENSES 258,747. MANAGEMENT AND GENERAL EXPENSES 262,409. FUNDRAISING EXPENSES 52,996. TOTAL EXPENSES 574,152. PARTICIPANT FEES: PROGRAM SERVICE EXPENSES 305,068. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 305,068. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 179,285. MANAGEMENT AND GENERAL EXPENSES 111,582. FUNDRAISING EXPENSES 22,535. TOTAL EXPENSES 313,402. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 28,519. MANAGEMENT AND GENERAL EXPENSES 10,906. FUNDRAISING EXPENSES 2,203. TOTAL EXPENSES 41,628. OTHER PROFESSIONAL: PROGRAM SERVICE EXPENSES 18,293. MANAGEMENT AND GENERAL EXPENSES 11,384. FUNDRAISING EXPENSES 2,299. TOTAL EXPENSES 31,976. FORM 990, PART XI, LINE 9: WRITE-OFF OF PLEDGE RECEIVABLES -161,500. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRAND STREET SETTLEMENT SENIOR HDFC 200 WEST 57TH STREET SUITE 702 NEW YORK NY 10019 421607854 TO PROVIDE AFFORDABLE HOUSING NY 501(C)(3) LINE 10 GRAND STREET SETTLEMENT INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0