2026-05-04T10:42:30-05:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-07-01 135562374 UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK UNIV 2126749120 184 ELDRIDGE STREET NEW YORK NY 10002 MELISSA AASE CHIEF EXECUTIVE OFFICER 2126749120 2026-05-04 1 1 MELISSA MODELSON P01603524 2122862600 2026-05-04 2024 2025-03-06 01:10:19Z MELISSA AASE 184 ELDRIDGE STREET NEW YORK NY 10002 75979916 0 X WWW.UNIVERSITYSETTLEMENT.ORG X 1886 NY UNIVERSITY SETTLEMENT IS A NOT FOR PROFIT ORGANIZATION DEDICATED TO THE BETTERMENT OF FAMILIES LIVING AND WORKING ON THE LOWER EAST SIDE OF MANHATTAN AND BROOKLYN. 23 23 917 400 0 0 44176037 49799591 11698550 13077362 117555 5676199 403001 46880 56395143 68600032 101030 95562 0 0 41344551 43801669 0 0 1250762 15844473 14690516 57290054 58587747 -894911 10012285 39252137 36396592 10087477 11852543 29164660 24544049 X UNIVERSITY SETTLEMENT IS A NOT FOR PROFIT ORGANIZATION DEDICATED TO THE BETTERMENT OF FAMILIES LIVING AND WORKING ON THE LOWER EAST SIDE OF MANHATTAN AND BROOKLYN. 0 0 17676902 0 8584303 CHILDCARE PROGRAMS UNIVERSITY SETTLEMENT HAS AN EXTENSIVE TRACK RECORD FOR PROVIDING STRENGTHSBASED SERVICES TO LOWINCOME CHILDREN AND FAMILIES. THE SETTLEMENTS COMPREHENSIVE APPROACH TO CHILD AND FAMILY SERVICES IS BASED ON CREATING TRUSTING RELATIONSHIPS WITH FAMILIES TO PROVIDE THEM WITH THE NECESSARY TOOLS AND SKILLS TO SUPPORT THEIR CHILDREN'S DEVELOPMENT. CHILDCARE PROGRAMS INCLUDE EARLY HEAD START, TWO EARLY CHILDHOOD CENTERS (THE EARLY CHILDHOOD CENTER AND CHILDREN'S CORNER), AND FAMILY CHILD CARE. FAMILY ENRICHMENT HOME VISITING PROGRAMS PROMOTE PARENTCHILD BONDING AND HEALTHY CHILD DEVELOPMENT. THE BUTTERFLIES PROGRAM PROVIDES MENTAL HEALTH SERVICES FOR YOUNG CHILDREN AND THEIR FAMILIES. WE ALSO PROVIDE INDIVIDUALIZED SERVICES FOR CHILDREN UNDER AGE THREE WITH DEVELOPMENTAL DELAYS AND DISABILITIES THROUGH OUR EARLY INTERVENTION PROGRAM. ALL PROGRAMS ENGAGE CHILDREN IN A RICH CURRICULUM THAT NURTURES THEIR INTELLECTUAL, SOCIAL AND EMOTIONAL DEVELOPMENT. ADDITIONALLY, THE AGENCY ENGAGES PARENTS THROUGH HOME VISITS, CENTERBASED CLASSROOM SESSIONS, SUPPORT GROUPS, WORKSHOPS, EDUCATIONAL/JOB TRAINING AND POLICY COUNCIL MEETINGS, ENABLING THEM TO GAIN THE SKILLS AND KNOWLEDGE TO SUPPORT THEIR CHILDREN'S DEVELOPMENT AND HELP THEM REACH THEIR FULL POTENTIAL. VISITS, CENTERBASED CLASSROOM SESSIONS, SUPPORT POTENTIAL. 16938245 0 4493059 FAMILY SERVICES AND COUNSELING PROGRAMS UNIVERSITY SETTLEMENT HAS A WIDE RANGE OF FAMILY SERVICES AND COUNSELING PROGRAMS. FAMILY SERVICES INCLUDE COMPREHENSIVE EVICTION PREVENTION AND CASE MANAGEMENT, ADULT LITERACY SERVICES, A PUBLIC PERFORMANCE SERIES AND ARTS EDUCATION, ARTS IN HEALTHCARE, A BROAD RANGE OF SERVICES FOR SENIORS, AND TWO COMMUNITY CENTERS THAT OFFER A RANGE OF HEALTH, EDUCATIONAL AND RECREATIONAL OPPORTUNITIES. THE HUB OF THE SETTLEMENT'S MENTAL HEALTH AND COUNSELING PROGRAMS IS ITS CONSULTATION CENTER, A STATELICENSED MENTAL HEALTH CLINIC, WHICH OFFERS COGNITIVE BEHAVIORAL THERAPY, CONJOINT AND MARITAL THERAPY, MEDICATION MANAGEMENT, AND PSYCHIATRIC EVALUATION AND CONSULTATION ONSITE. THE ORGANIZATION ALSO HAS MENTAL HEALTH PROGRAMS FOR YOUTH AND CHILDREN, INCLUDING CHILDREN'S BLENDED CASE MANAGEMENT AND THE HOMEBASED CRISIS INTERVENTION PROGRAM, WHICH ARE OFFERED IN CLIENTS' HOMES. 9888952 95562 0 YOUTH PROGRAMS UNIVERSITY SETTLEMENT'S YOUTH AFTER SCHOOL PROGRAMS STRESS LITERACY AND READING, BLENDING THESE ACTIVITIES WITH HOMEWORK HELP, TARGETED ACADEMIC AND PERSONAL SUPPORT, LEADERSHIP DEVELOPMENT AND COMMUNITY SERVICE OPPORTUNITIES, AND CREATIVE EXPERIENCES SUCH AS FIELD TRIPS, ARTS AND RECREATION. AFTER SCHOOL PROGRAMS ARE OFFERED IN BOTH SCHOOLBASED AND COMMUNITYBASED SETTINGS. PARENTS ARE FULLY INTEGRATED INTO THE PROGRAMS TO SUPPOR THEIR CRUCIAL ROLE IN THEIR CHILDRENS EDUCATIONAL AND PERSONAL DEVELOPMENT. DURING THE SUMMERS, UNIVERSITY SETTLEMENT RUNS STRUCTURED DAY CAMP PROGRAMS FOR CHILDREN AND YOUTH, WITH A MAJOR FOCUS ON LITERACY AND FIELD TRIPS. ADDITIONALLY, UNIVERSITY SETTLEMENT'S TALENT SEARCH PROGRAM PROVIDES COLLEGE ACCESS AND RETENTION SERVICES, INCLUDING INDIVIDUAL AND GROUP COUNSELING, WORKSHOPS, ASSISTANCE WITH COLLEGE APPLICATIONS AND FINANCIAL AID FORMS, COLLEGE FAIRS, GUEST SPEAKERS, AND COLLEGE VISITS FOR YOUNG PEOPLE INTERESTED IN PURSUING POSTSECONDARY EDUCATION. 44504099 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 226 0 917 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X X LISA STEIN CFO 2124534599 184 ELDRIDGE STREET NEW YORK NY 10002 RENEE EUBANKS CO-CHAIR 2.00 X X 0 0 0 BENJAMIN SCHALL CO-CHAIR 2.00 X X 0 0 0 RONNI FISHER VICE PRESIDENT FOR PROGRAMS 2.00 X X 0 0 0 FREDERICK YEE TREASURER 2.00 X X 0 0 0 AVIVA WILL SECRETARY 2.00 X X 0 0 0 LEONARD BERMAN DIRECTOR 2.00 X 0 0 0 CHRISTINA CHIU DIRECTOR 2.00 X 0 0 0 AARON DANIELS DIRECTOR 2.00 X 0 0 0 STEVEN GREEN DIRECTOR 2.00 X 0 0 0 HALE GURLAND DIRECTOR 2.00 X 0 0 0 ERIC GYASI DIRECTOR 2.00 X 0 0 0 KEN JOSEPH DIRECTOR 2.00 X 0 0 0 RICHARD MEDOR DIRECTOR 2.00 X 0 0 0 PATRICK MICHEL DIRECTOR 2.00 X 0 0 0 THOMAS MORGAN DIRECTOR 2.00 X 0 0 0 AISHA OLIVER-STALEY DIRECTOR THRU 5/25 2.00 X 0 0 0 STEVEN M SCHALL DIRECTOR 2.00 X 0 0 0 PETER SIROKA DIRECTOR 2.00 X 0 0 0 HARLY STEVENS DIRECTOR 2.00 X 0 0 0 ANDREW ZHU DIRECTOR 2.00 X 0 0 0 IAN ZILLA DIRECTOR 2.00 X 0 0 0 MARIE-LAURIE ROMNEY DIRECTOR 2.00 X 0 0 0 HABIBA WAZIRUDDIN DIRECTOR 2.00 X 0 0 0 JOANNA WEINER DIRECTOR 2.00 X 0 0 0 MELISSA E AASE CHIEF EXECUTIVE OFFICER 35.00 X 292339 0 56454 RABIYA AKHTAR CHIEF FINANCIAL ADMIN OFFICER, THRU 01/25 35.00 X 209377 0 34768 LISA STEIN CHIEF FINANCIAL OFFICER, AS OF 04/25 35.00 X 0 0 0 SUBHASH CHANDRA SENIOR MEDICAL DIRECTOR 35.00 X 203763 0 12226 LAURA MCGINLEY CHIEF EXTERNAL RELATIONS OFFICER 35.00 X 199743 0 52896 STEVEN PORTERICKER CHIEF PROGRAM AND EQUITY OFFICER 35.00 X 193390 0 23055 MICHELLE A GREEN CHIEF PEOPLE OFFICER 35.00 X 165743 0 12006 LAKEYA MICHEL DIRECTOR OF CASE MGMT. SERVICES 35.00 X 173753 0 10683 1438108 0 202088 35 0 1 0 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 10528 AUDIT AND TAX SERVICES 195500 FORVIS MAZARS LLP PO BOX 200870 DALLAS TX 75320 ACCOUNTING SERVICES 106656 2 584370 46433167 2782054 49799591 CLINIC AND OTHER PROGRAM FEES 624100 12447078 12447078 MEDICAID 624100 399208 399208 ARTISTS IN RESIDENCE FEES 624100 231076 231076 13077362 126367 126367 123853 0 123853 123853 123853 1032358 11764635 1032247 6214914 111 5549721 5549832 5549832 55750 584370 132723 -76973 -76973 68600032 13077362 0 5723079 X 95562 95562 548984 548984 33168416 25668846 6641413 858157 1202201 939586 234295 28320 5976781 4604382 1233621 138778 2905287 2223522 614747 67018 129248 105342 22929 977 380097 380097 24542 24542 7515706 6349859 1101228 64619 44016 37733 5932 351 1294853 1075693 198648 20512 644956 145441 470031 29484 586033 259386 309290 17357 157942 152899 3748 1295 355811 334176 18559 3076 15027 11604 3423 444213 444213 365577 362167 3410 FOOD 1352009 1351362 647 YOUTH EVENTS 749889 749889 REPAIRS AND MAINTENANCE 230759 98487 125167 7105 STIPENDS 142624 142374 250 257214 169560 81671 5983 58587747 44504099 12832886 1250762 344988 956508 13457 9643147 9633621 17528743 2553173 2943540 24003 45583 82051 55480 4848384 4504532 22483231 343852 2745227 2883324 1372386 1996415 39252137 36396592 5749864 4613454 1167931 3589931 3169682 3649158 10087477 11852543 X 24294191 20077615 4870469 4466434 29164660 24544049 39252137 36396592 X 10012285 165196 -14798092 X X 0 1 X 1 1 1 X 28260502 36432204 42994070 44173687 49799591 201660054 28260502 36432204 42994070 44173687 49799591 201660054 201660054 131764 233891 280137 405402 250220 1301414 44686 41104 95562 150224 331576 203293044 46432450 0.99200 0.98920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 44,686. 2021 AMOUNT: $ 41,104. 2022 AMOUNT: $ 63,062. 2023 AMOUNT: $ 29,639. PENSION FORFEITURES - 2023 AMOUNT: $ 28,250. REFUNDS - 2023 AMOUNT: $ 77,410. BAD DEBT RECOVERY - 2023 AMOUNT: $ 14,925. SETTLEMENT INCOME - 2022 AMOUNT: $ 32,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1844823 266158 81428 2029553 2914254 327406 1396837 1844823 2705695 444638 236079 2914254 3389712 -447938 236079 2705695 3098767 353099 62154 3389712 0.00000 0.21588 0.78412 1 0 3254676 2979332 275344 1529243 1525200 4043 64465 64465 343852 OPERATING RIGHT-OF-USE ASSETS, NET 1916587 DEPOSITS 31820 OTHER ASSETS 48008 1996415 OPERATING LEASE LIABILITIES 1959532 DUE TO GOVERNMENT AGENCIES 613134 ADVANCES FROM GOVERNMENT AGENCIES 1076492 3649158 X 53944944 165196 165196 53779748 24542 14795742 14820284 68600032 58565555 2350 2350 58563205 24542 24542 58587747 PART V, LINE 4: THE SETTLEMENT'S NET ASSETS WITH DONOR RESTRICTIONS INCLUDE ENDOWMENT FUND ASSETS TO BE HELD IN PERPETUITY. THE INCOME FROM THE ASSETS CAN BE USED TO SUPPORT VARIOUS PROGRAMS. PART X, LINE 2: THE SETTLEMENT RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY 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, 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SEPARATION AGREEMENT 14,795,742. PART XII, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF OF UNCOLLECTIBLE PLEDGES REPORTED ON PART XI 2,350. CITY STORIES GALA 640120 584370 55750 32857 60701 17900 21265 640120 584370 55750 32857 60701 17900 21265 132723 -76973 1 PARTICIPANT RENT ASSISTANCE 70 95562 PART I, LINE 2: PARTICIPANTS IN OUR RENT ASSISTANCE PROGRAM ARE ELIGIBLE TO RECEIVE RENTAL ARREAR ASSISTANCE FOR UP TO THREE MONTHS AND/OR WITHIN $3,500, WHICHEVER IS LESS, AS LONG AS 1) THEY HAVE FUTURE ABILITY TO PAY RENT MOVING FORWARD; 2) THE RENTAL ARREAR ASSISTANCE WILL BRING THEM TO A ZERO BALANCE; AND 3) ABLE TO REMAIN IN THEIR CURRENT HOUSING FOR AT LEAST ANOTHER 12 MONTHS. X X X X 0 0 0 0 0 0 0 0 0 MELISSA E AASE CHIEF EXECUTIVE OFFICER 292339 0 0 0 0 0 17540 0 38914 0 348793 0 0 0 LAURA MCGINLEY CHIEF EXTERNAL RELATIONS OFFICER 199743 0 0 0 0 0 13982 0 38914 0 252639 0 0 0 RABIYA AKHTAR CHIEF FINANCIAL ADMIN OFFICER, THRU 01/25 209377 0 0 0 0 0 12563 0 22205 0 244145 0 0 0 STEVEN PORTERICKER CHIEF PROGRAM AND EQUITY OFFICER 193390 0 0 0 0 0 11603 0 11452 0 216445 0 0 0 SUBHASH CHANDRA SENIOR MEDICAL DIRECTOR 203763 0 0 0 0 0 12226 0 0 0 215989 0 0 0 LAKEYA MICHEL DIRECTOR OF CASE MGMT. SERVICES 173753 0 0 0 0 0 10440 0 243 0 184436 0 0 0 MICHELLE A GREEN CHIEF PEOPLE OFFICER 165743 0 0 0 0 0 9945 0 2061 0 177749 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 STEVEN M. SCHALL, BOARD MEMBER, AND BENJAMIN SCHALL, CO-CHAIR, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER IS PRIMARILY RESPONSIBLE FOR THE REVIEW OF THE FORM 990 WHICH IS PREPARED BY THE ORGANIZATION'S AUDITORS. THE INFORMATION ON THE FORM 990 IS COMPARED TO THE AUDITED FINANCIAL STATEMENTS LINE BY LINE. SUPPLEMENTAL INFORMATION WHICH DOES NOT APPEAR IN THE AUDITED FINANCIAL STATEMENTS IS COMPARED TO THE SOURCE DOCUMENTATION WHICH WAS PREPARED FOR THE FORM 990 PREPARER. ALL OF THE OTHER QUESTIONS ARE REVIEWED FOR ACCURACY. AFTER THE FORM 990 IS APPROVED BY THE CHIEF FINANCIAL OFFICER OR CONTROLLER, THE CHIEF EXECUTIVE OFFICER PERFORMS A CURSORY REVIEW OF THE FORM 990 AND IF IT IS SATISFACTORY, APPROVES IT FOR SUBMISSION. IN ADDITION, THE 990 IS EMAILED TO THE FULL BOARD IN ADVANCE OF ITS FILING TO PROVIDE THE OPPORTUNITY FOR THEM TO AS QUESTIONS TO THE CFO. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT APPLIES TO OFFICERS, DIRECTORS, AND KEY EMPLOYEES WHO ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICT. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. UPON JOINING THE BOARD, NEW MEMBERS ARE INFORMED OF THE AGENCY'S POLICY REGARDING CONFLICTS OF INTEREST AND ARE GIVEN A WRITTEN COPY OF THE POLICY. ON AN ANNUAL BASIS, A FORM IS DISTRIBUTED TO ALL BOARD MEMBERS WHEREBY MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST. THE EXECUTIVE TEAM IS ALSO REQUIRED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE ON AN ANNUAL BASIS. IF A CONFLICT EMERGES, THE BOARD MEMBER MUST DISCLOSE THE CONFLICT TO THE BOARD AND THE BOARD MEMBER WITH THE CONFLICT MUST REFRAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD COMPENSATION COMMITTEE DETERMINES THE SALARY OF THE CEO. THE COMPENSATION COMMITTEE UTILIZES A UNH SALARY SURVEY AND NATIONAL NON PROFIT SALARY SURVEY TO DETERMINE AND REVIEW THE CEO'S COMPENSATION. THE CEO DETERMINES ALL OTHER EXECUTIVE LEVEL COMPENSATION. THIS WAS LAST REVIEWED IN MAY 2025, AND BOTH THE CEO AND EXECUTIVE STAFF MEMBERS WERE GIVEN THE SAME 3% COLA AS THE REST OF THE STAFF. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED IN THE COMPENSATION COMMITTEE EMAILS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. AN ANNUAL REPORT IS ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 99,426. MANAGEMENT AND GENERAL EXPENSES 118,554. FUNDRAISING EXPENSES 6,653. TOTAL EXPENSES 224,633. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 294,630. MANAGEMENT AND GENERAL EXPENSES 46,321. FUNDRAISING EXPENSES 2,732. TOTAL EXPENSES 343,683. PROVIDER MOTHER STIPENDS: PROGRAM SERVICE EXPENSES 3,666,239. MANAGEMENT AND GENERAL EXPENSES 576,395. FUNDRAISING EXPENSES 34,001. TOTAL EXPENSES 4,276,635. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 75,157. MANAGEMENT AND GENERAL EXPENSES 11,816. FUNDRAISING EXPENSES 697. TOTAL EXPENSES 87,670. CONSULTANTS: PROGRAM SERVICE EXPENSES 1,890,248. MANAGEMENT AND GENERAL EXPENSES 297,179. FUNDRAISING EXPENSES 17,530. TOTAL EXPENSES 2,204,957. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 324,159. MANAGEMENT AND GENERAL EXPENSES 50,963. FUNDRAISING EXPENSES 3,006. TOTAL EXPENSES 378,128. FORM 990, PART XI, LINE 9: WRITE-OFF OF UNCOLLECTIBLE PLEDGES -2,350. LOSS ON SEPARATION AGREEMENT -14,795,742. 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. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.