Grand Street Settlement
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Grand Street Settlement meets the 20 Standards for Charity Accountability.
Stated Purpose:
Grand Street 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.
We offer a continuum
of innovative programs ranging from early childhood and youth development to
community support for adults and seniors.
Year, State Incorporated:
1940, NY
Grand Street Settlement connects thousands of New York City’s impoverished and disadvantaged families with the support and resources needed to help one another grow a better future together. Our programs and services create a network that expands across both sides of the Williamsburg Bridge, serving both the Lower East Side and the Brooklyn neighborhoods of Bushwick, Williamsburg, Brownsville and East New York. GSS's comprehensive services address complex needs, such as the removal of the economic, social and educational barriers that create isolation among at-risk and impoverished populations, as well as the more fundamental, tangible needs of food, housing, care and referrals for aid. For nearly a century, GSS has upheld the founding tenets of settlement houses by mobilizing the power of community to realign the energies of fortunate New Yorkers to use their influence and resources to help lift our neighbors out of poverty. By remaining open and free to the public to ensure accessibility for all members of the community, regardless of age, physical ability, language barriers or cultural backgrounds, GSS has remained a cornerstone of the community while constantly striving for social reform. This model of service across all four of GSS's main program areas - Early Childhood, Youth, Family Support and Senior Services - transcends generational, cultural and socioeconomic boundaries to enrich the lives of those we serve, as well as the entire community.
For the year ended June 30, 2024, Grand Street Settlement's program expenses were:
| Early childhood programs | $21,247,913 |
| Community development | $10,300,486 |
| Youth services | $3,055,347 |
| School-based counseling services | $2,559,758 |
| Senior programs | $2,193,093 |
| Case management | $320,561 |
| Mental health initiative | $87,832 |
| Total Program Expenses | $39,764,990 |
Chair of the Board
Mr. Bryan Koplin, Executive Director, Corporate Development
Chair's Profession / Business Affiliation
Enfusion
Board Size
23
Paid Staff Size
484
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Grand Street Settlement's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Government grants | $37,867,055 |
| Donated occupancy and services | $4,833,511 |
| Contributions | $2,123,534 |
| Investment | $210,925 |
| Special events, net | $91,643 |
| Miscellaneous income | $66,386 |
| Program service fees | $11,724 |
| Total Income | $45,204,778 |
Programs: 83% Fundraising: 2% Administrative: 15%
| Total Income | $45,204,778 |
| Total expenses: | $47,833,151 |
| Program expenses | $39,764,990 |
| Fundraising expenses | $937,863 |
| Administrative expenses | $7,130,298 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-2,628,373 |
| Beginning Net Assets | $27,914,485 |
| Other Changes In Net Assets | $2,949,391 |
| Ending Net Assets | $28,235,503 |
| Total Liabilities | $15,073,825 |
| Total Assets | $43,309,328 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Review in Progress
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Report completed by:
BBB Foundation of Metropolitan New York