2022-04-04T13:50:54-05:00 2021-06-30 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2020-07-01 135562230 GRAND STREET SETTLEMENT INC GRAN 2126741740 80 PITT STREET NEW YORK NY 10002 ROBERT CORDERO EXECUTIVE DIRECTOR 2126741740 2022-04-04 1 ROBERT CORDERO XXX-XX-XXXX GARRETT M HIGGINS P00543209 9143818900 2022-04-01 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROBERT CORDERO 80 PITT STREET NEW YORK NY 10002 32231834 0 X WWW.GRANDSETTLEMENT.ORG X 1916 NY SEE SCHEDULE O 27 27 606 400 0 0 27153473 31510450 76554 2000 141071 440371 -18084 58024 27353014 32010845 98564 119261 0 0 17848870 18678564 0 2500 690682 8924128 10239539 26871562 29039864 481452 2970981 20641747 24798623 7247615 7806337 13394132 16992286 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 14415281 0 0 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. IN FY21, 156 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. 8661125 119261 2000 SEE SCHEDULE O - YOUTH AND COMMUNITY DEVELOPMENT PROGRAMSYOUTH AND COMMUNITY DEVELOPMENT PROGRAMS: GSS PROVIDED OVER 3,000 HOURS OF OUT-OF-SCHOOL LEARNING ACTIVITIES TO OVER 5,300 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 FY2021, GSS EXPANDED ITS STEM LEARNING CURRICULUM TO 585 PUBLIC SCHOOL STUDENTS WHO LIVE IN PUBLIC HOUSING.IN FISCAL YEAR 2021, GSS RECEIVED A GRANT FROM BEST BUY TO OPEN A TEEN TECH CENTER IN THE FORMER GRANDLO CAFE SPACE AT 168 BROOME ST. THE SPACE UNDERWENT A CAPITAL RENOVATION, AND THE TEEN TECH CENTER PROGRAM WILL OPEN IN THE NEXT FISCAL YEAR. 970619 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 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 FY2021. THE PROGRAM CAREFULLY AND SLOWLY REOPENED AS PANDEMIC-RELATED HEALTH AND SAFETY MEASURES ALLOWED. IN JUNE, 2021, THE GRAND COALITION OF SENIORS 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. 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. 245532 0 0 FAMILIES/BENEFITS ASSISTANCE:THROUGH OUR BENEFITS ASSISTANCE (FORMERLY KNOWN AS SINGLE STOP) PROGRAM AND OTHER SOCIAL WORKER SUPPORT, IN FISCAL YEAR 2020, GSS SECURED BENEFITS AND SERVICES FOR 1,074 FAMILIES TOTALING OVER $2.7 MILLION WORTH OF ASSISTANCE. GSS SUPPORTS FAMILIES IN MEETING THEIR FINANCIAL GOALS INCLUDING PROVIDING FREE TAX PREPARATION SERVICES TO 223 HOUSEHOLDS. GSS REFERRALS FOR LEGAL ASSISTANCE HELPED 58 WITH LEGAL ISSUES. 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. 245532 0 0 24292557 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 136 0 606 1 0 0 0 0 0 0 0 0 0 0 0 0 X 27 27 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 SYLVIA M MONTERO CHAIR 2.00 0.10 X X 0 0 0 RALPH W ROSE PRESIDENT 10.00 0.00 X X 0 0 0 ALBERTO JIMENEZ SECRETARY 1.00 0.00 X X 0 0 0 ALAN JAY BRAZIL TREASURER 2.00 0.00 X X 0 0 0 ADAM ANGELOWICZ DIRECTOR 1.00 0.00 X 0 0 0 DIANA R BREEN DIRECTOR 1.00 0.00 X 0 0 0 ANDREW G CELLI JR DIRECTOR 1.00 0.20 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 0.00 X 0 0 0 TAMEKA GREEN DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM HUBBARD DIRECTOR 1.00 0.10 X 0 0 0 TAMARA HUBINSKY DIRECTOR 1.00 0.00 X 0 0 0 BRYAN KOPLIN DIRECTOR 1.00 0.10 X 0 0 0 DAVID M LEE DIRECTOR 1.00 0.10 X 0 0 0 JOYCE LEE DIRECTOR 1.00 0.00 X 0 0 0 KENNETH W LIEBMAN DIRECTOR 1.00 0.20 X 0 0 0 SUMYA OJAKLI DIRECTOR 1.00 0.10 X 0 0 0 AMY R PASQUARIELLO DIRECTOR 1.00 0.10 X 0 0 0 VICTOR RASUK DIRECTOR 1.00 0.00 X 0 0 0 TENILLE PHAM SKELTON DIRECTOR 1.00 0.10 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 0.10 X 0 0 0 ROBERT CORDERO EXECUTIVE DIRECTOR 31.50 3.50 X 279826 0 64191 WILLING CHIN DEPUTY EXECUTIVE DIRECTOR 35.00 0.00 X 182222 0 35856 CLOVIS THORN MANAGING DIRECTOR OF DEVELOPMENT 35.00 0.00 X 168628 0 34094 THANH H BUI MANAGING DIRECTOR OF YOUTH SERVICES 31.50 3.50 X 148738 0 31272 MARIA C DEJESUS MANAGING DIRECTOR OF HUMAN RESOURCES 35.00 0.00 X 125838 0 17732 ELSA PEREIRA MANAGING DIRECTOR OF OPERATIONS 35.00 0.00 X 147248 0 9752 AYANA REEFE HEAD START/EARLY HEAD START DIRECTOR 35.00 0.00 X 118696 0 26122 1171196 0 219019 8 0 1 0 BTQ FINANCIAL 80 BROAD STREET 15TH FLOOR NEW YORK NY 10004 FINANCIAL SERVICES 933317 LITTLE BELL CHILDCARE CORP 629 51ST STREET BROOKLYN NY 11220 DAY CARE SERVICES 800414 G & T CHILDCARE CORP 775 50TH STREET BROOKLYN NY 11220 DAY CARE SERVICES 704768 CONSTRUCTOMICS LLC 40 BROAD STREET 4TH FLOOR NEW YORK NY 10004 CONSTRUCTION SERVICES 630128 KREATIVE KARE DAY CARE CENTER INC 292 PALMETTO STREET BROOKLYN NY 11237 DAY CARE SERVICES 403884 9 433755 25580 26762913 4288202 108897 31510450 COMMUNITY CENTER 900099 2000 2000 2000 119855 119855 541505 220989 320516 320516 320516 MISCELLANEOUS INCOME 900099 29202 29202 REFUNDS 900099 28822 28822 58024 32010845 2000 0 498395 X 22534 22534 96727 96727 615700 542617 53292 19791 14161682 12484719 1225283 451680 323335 284956 27986 10393 2305503 2031842 199554 74107 1272344 1121318 110128 40898 12472 440 12028 4 992963 35049 957574 340 2500 2500 64144 64144 4125896 3816639 273882 35375 500 18 482 2596722 2314262 249755 32705 156118 98322 55829 1967 621039 423783 196865 391 44546 32718 11786 42 231294 229320 500 1474 5958 5958 216835 216835 294818 13988 280830 FOOD 219346 212974 2883 3489 PARENT AND PARTICIPANT 216207 208956 7251 REPAIRS AND MAINTENANCE 157934 152175 5759 CLASSROOM 100347 100347 182400 68853 98021 15526 29039864 24292557 4056625 690682 1114478 770896 1777237 7337 6299617 10202143 239177 161485 7063937 1797892 4298281 5266045 6877058 8284283 35899 106434 20641747 24798623 2393394 2241519 58073 61444 250000 650000 1132405 1092405 3413743 3760969 7247615 7806337 X 7989803 9795257 5404329 7197029 13394132 16992286 20641747 24798623 X 2970981 1399563 -772390 X X 0 1 X 1 1 1 X 20900493 20954131 23003294 27090690 31510450 123459058 1282952 1282952 1282952 2672707 2537074 9058637 22183445 22237083 24286246 29763397 34047524 132517695 132517695 118878 158855 146137 141071 119855 684796 34894 17690 42401 20996 58024 174005 133376496 584793 0.99360 0.99310 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: ADP REFUND - 2016 AMOUNT: $ 4,177. FIRE DAMAGE CLAIMS - 2016 AMOUNT: $ 6,779. MISCELLANEOUS INCOME - 2016 AMOUNT: $ 3,533. 2017 AMOUNT: $ 1,097. 2018 AMOUNT: $ 18,195. 2019 AMOUNT: $ 20,996. 2020 AMOUNT: $ 29,202. VOIDED PRIOR YEAR CHECKS - 2016 AMOUNT: $ 20,405. HOLIDAY PARTY FEES - 2017 AMOUNT: $ 2,250. REFUNDS - 2017 AMOUNT: $ 14,083. 2018 AMOUNT: $ 24,206. 2020 AMOUNT: $ 28,822. VENDING MACHINE INCOME - 2017 AMOUNT: $ 260. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3625998 377342 135180 3868160 3741434 48022 163458 3625998 3784774 122011 165351 3741434 3794715 219503 229444 3784774 3460798 374918 41001 3794715 0.00000 0.89470 0.10530 0 0 150573 7370 143203 492849 491561 1288 2102364 1298961 803403 4318151 4318151 5266045 ADVANCES FROM GOVERNMENT AGENCIES 670349 PAYCHECK PROTECTION PROGRAM LOAN 3090620 3760969 X 35912464 1399563 2600365 3999928 31912536 64144 34165 98309 32010845 32349765 2600365 807845 3408210 28941555 64144 34165 98309 29039864 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: THE SETTLEMENT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE SETTLEMENT HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE SETTLEMENT IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO JUNE 30, 2018. PART XI, LINE 4B - OTHER ADJUSTMENTS: RELATED PARTY ELIMINATION INCLUDED PER AUDIT - GRANDLO CAFE, INC. 25,580. EVENT EXPENSES REPORTED ON PART IX, LINE 24 8,585. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED PARTY EXPENSES INCLUDED PER AUDIT - GRANDLO CAFE, INC. 35,455. WRITE-OFF OF PLEDGE RECEIVABLES 772,390. PART XII, LINE 4B - OTHER ADJUSTMENTS: RELATED PARTY ELIMINATION INCLUDED PER AUDIT - GRANDLO CAFE, INC. 25,580. EVENT EXPENSES REPORTED ON PART IX, LINE 24 8,585. 1 STIPENDS FOR PARTICIPANTS/VOLUNTEERS 84 86988 SCHOLARSHIPS 16 9739 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. ALL GRAND STREET SETTLEMENT EMPLOYEES WHO HAVE BEEN EMPLOYED BY THE ORGANIZATION FOR AT LEAST ONE YEAR AND ARE IN GOOD STANDING ARE ELIGIBLE FOR A SCHOLARSHIP. THE SCHOLARSHIPS ARE TO BE USED FOR EDUCATIONAL DEVELOPMENT THAT WILL BENEFIT THEIR AREA OF WORK. X X X 0 0 0 0 0 0 0 1 0 ROBERT CORDERO EXECUTIVE DIRECTOR 253476 0 26350 0 0 0 27288 0 36903 0 344017 0 0 0 WILLING CHIN DEPUTY EXECUTIVE DIRECTOR 182222 0 0 0 0 0 6045 0 29811 0 218078 0 0 0 CLOVIS THORN MANAGING DIRECTOR OF DEVELOPMENT 168628 0 0 0 0 0 5560 0 28534 0 202722 0 0 0 THANH H BUI MANAGING DIRECTOR OF YOUTH SERVICES 148738 0 0 0 0 0 4874 0 26398 0 180010 0 0 0 ELSA PEREIRA MANAGING DIRECTOR OF OPERATIONS 147248 0 0 0 0 0 4852 0 4900 0 157000 0 0 0 PART I, LINE 7 ROBERT CORDERO RECEIVED A TAXABLE DISCRETIONARY BONUS OF $26,350 IN HIS 2020 W-2. X 1 108897 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. 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. BTQ WAS PAID $903,414 DURING FISCAL YEAR 2021 FOR THESE SERVICES. 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 FY2021. 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 AND FORM 1023 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 AT 80 PITT STREET, NEW YORK, NY 10002 OR BY CALLING THE ORGANIZATION DIRECTLY AT (212)-674-1740. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 383,646. MANAGEMENT AND GENERAL EXPENSES 256,245. FUNDRAISING EXPENSES 32,936. TOTAL EXPENSES 672,827. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 205,058. MANAGEMENT AND GENERAL EXPENSES 14,640. FUNDRAISING EXPENSES 2,025. TOTAL EXPENSES 221,723. OTHER PROFESSIONAL: PROGRAM SERVICE EXPENSES 7,195. MANAGEMENT AND GENERAL EXPENSES 514. FUNDRAISING EXPENSES 71. TOTAL EXPENSES 7,780. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 34,777. MANAGEMENT AND GENERAL EXPENSES 2,483. FUNDRAISING EXPENSES 343. TOTAL EXPENSES 37,603. HEALTH AND EDUCATION SERVICES: PROGRAM SERVICE EXPENSES 395,762. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 395,762. FAMILY CARE HEALTH SERVICES: PROGRAM SERVICE EXPENSES 2,790,201. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,790,201. FORM 990, PART XI, LINE 9: WRITE-OFF OF PLEDGE RECEIVABLES -772,390. 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 GRANDLO CAFE INC 80 PITT STREET NEW YORK NY 10002 824428103 TO CREATE PATHWAYS TO MEANINGFUL EMPLOYMENT FOR LOW-INCOME YOUTH IN NYC NY 501(C)(3) LINE 10 GRAND STREET SETTLEMENT INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0