Overview
What is Grand Street Settlement Inc?
Grand Street Settlement Inc, based in New York City with a workforce of 700 employees, is a nonprofit organization that extends opportunities to low-income families and individuals through culturally relevant services. Established in 1916, the organization offers a wide range of innovative programs, from early childhood development and youth services to community support for adults and seniors. In the realm of early childhood education, Grand Street Settlement served 894 children and their families across 28 sites in Lower Manhattan and Brooklyn. This included 626 children in Grand Street Settlement-run centers and 268 children in partner centers. In FY22, 160 families achieved significant milestones, such as completing degree programs, job training, and receiving legal assistance. Additionally, 13 family members attained degrees. The organization also provided free comprehensive special needs services and therapies, with an approximate value of $12,000 per child.
Official website here: www.grandsettlement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating) from Charity Navigator.
Grand Street Settlement Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The nonprofit scored 100% in both Accountability & Finance and Leadership & Adaptability, showcasing effective governance and financial health. With a fully independent board of 27 members and robust financial practices, the organization demonstrates transparency and integrity in its operations.
The organization prioritizes its mission impact and has set strategic goals to enhance its services in New York City. With a program expense ratio of 83.48%, a significant portion of its budget is directed towards programs that benefit the community. Leadership development is also a focus, as evidenced by the executive team's participation in relevant leadership programs, further strengthening its operational capabilities.
While the ratings highlight many strengths, it's important to note that the organization is actively addressing challenges related to staff recruitment and retention. Their adaptability statement indicates a proactive approach to overcoming these issues, ensuring the organization can continue to meet the needs of those it serves effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Grand Street Settlement Inc?
100% of 16 reviewers on Facebook recommend Grand Street Settlement Inc. Here is a summary of their reviews:
The sentiments expressed are overwhelmingly positive, with users showcasing a strong commitment to the organization. Many reviews highlight the impactful services provided by Grand Street Settlement, which seem to resonate deeply with the community it serves.
Overall, supporters emphasize the meaningful contributions that the nonprofit makes in improving lives and fostering a supportive environment. Many feel a personal connection to the mission, suggesting that Grand Street Settlement truly fulfills its promises to the community.
This AI summary has been generated from reviews found on Facebook.
Is Grand Street Settlement Inc legitimate?
Grand Street Settlement Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Street Settlement Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $621,989
Professional Fundraising Fees: $6,500
Other Salaries and Wages: $15,801,093
For more financial information, click here
Official website here: www.grandsettlement.org
What is the mission statement of Grand Street Settlement Inc?
Grand Street Settlement Inc aims to expand opportunities for low-income families and individuals by providing culturally relevant services that promote community building, self-determination, and an enriched quality of life. Established in 1916, this organization offers a continuum of innovative programs, ranging from early childhood and youth development to community support for adults and seniors. Their mission is geared towards fostering a supportive environment that empowers individuals and encourages advocacy for personal growth and well-being. The organization's services are designed to cater to various communities and enrich their lives with a focus on creating opportunities for self-sufficiency.
Official website here: www.grandsettlement.org
Who is the CEO of Grand Street Settlement Inc?
Robert Cordero is the Chair of Grand Street Settlement Inc.
Official website here: www.grandsettlement.org
What is the revenue of Grand Street Settlement Inc?
Grand Street Settlement Inc's revenue in 2022 was $42,786,471.
Official website here: www.grandsettlement.org
Who are the executives of Grand Street Settlement Inc and what are their salaries?
The average compensation at Grand Street Settlement Inc during 2022 was $23,462. There are 700 employees and 300 volunteers at Grand Street Settlement Inc.
Here are 36 key members and their salaries:
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Official website here: www.grandsettlement.org
Where can I find the form 990 for Grand Street Settlement Inc?
Grand Street Settlement Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grandsettlement.org
Learn more at the official website: www.grandsettlement.org
Mission Statement of Grand Street Settlement Inc
Grand Street Settlement, a pioneering organization founded in 1916, is dedicated to broadening opportunities for low-income families and individuals. Through culturally relevant services, this mission supports community building, advocacy, self-determination, and a rich quality of life.
The continuum of innovative programs offered by Grand Street Settlement spans from early childhood and youth development to community support for adults and seniors. By providing these comprehensive services, the organization fosters an environment that empowers individuals and encourages community growth.
Grand Street Settlement's commitment to its mission has been steadfast since its inception over a century ago. Its offerings range from nurturing the development of young children to addressing the needs of older adults, ensuring that each stage of life is supported and met with the necessary resources and assistance. The organization's dedication to self-determination and community building has made a significant impact on the lives of countless individuals throughout its history.
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Impact
October, 2024
Grand Street Settlement Inc significantly enhances the lives of low-income families and individuals in New York through a wide range of culturally relevant services. Focusing on community building, advocacy, and self-determination, the organization has positively impacted thousands since its inception in 1916.
One of its critical initiatives is early childhood education, where it serves 894 children and their families across 28 sites in Lower Manhattan and Brooklyn. This includes direct support for 626 children in GSS-run centers and an additional 268 in partner centers. In the fiscal year 2022, the early childhood programs helped 160 families achieve significant life goals, including completing degree programs and receiving job training. Notably, 13 family members graduated from degree-granting programs, underscoring the educational advancement facilitated by the settlement.
Moreover, the organization provides vital resources for children with special needs, linking eligible children to services like occupational, physical, and speech therapy—all at no cost to families. The estimated value of these services amounts to approximately $12,000 per child, highlighting the financial relief and crucial support offered to families in need.
Through these comprehensive programs, Grand Street Settlement not only contributes to the educational and developmental growth of children but also empowers families to achieve self-sufficiency and improve their quality of life.
This information is meant to be a general summary of Grand Street Settlement Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $538,923
- Program Service Revenue: $15,697
- Gross Receipts: $44,472,981
Assets and Liabilities:
- Total Assets: $36,114,808
- Total Liabilities: $12,477,289
- Net Assets: $23,637,519
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANTS INCOME
Revenue
$8,253
PARENT FEES
Revenue
$7,444
Organization Details
Founding Year
1916
Phone
(212) 674-1740Principal Officer
Robert Cordero
Main Address
80 PITT STREET, NEW YORK, NY, 10002
Website
www.grandsettlement.orgNTEE Category
Code: P85 - Human services
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