Skip to main content

Nonprofit · EIN 13-5562374

UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK

Tax-exempt · NEW YORK, NY 10002

Financials

$43.9M$45.4M2021$51.4M$52.2M2022$56.4M$57.3M2023$68.6M$58.6M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$68,600,032$58,587,747$10,012,285$36,396,592$11,852,543$24,544,049
June 30, 2024990$56,395,143$57,290,054-$894,911$39,252,137$10,087,477$29,164,660
June 30, 2023990$51,433,400$52,215,641-$782,241$44,053,463$14,585,555$29,467,908
June 30, 2022990 (amended)$43,915,251$45,378,258-$1,463,007$44,434,696$14,086,260$30,348,436
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$49,799,591
of which government grants
$46,433,167
Program service revenue
$13,077,362
Investment income
$5,676,199
Net rental income
$123,853
Net gain from sales of assets
$5,549,832
Net income from fundraising events
-$76,973
Other revenue
$46,880

Expenses

Grants and similar amounts paid
$95,562
Compensation of officers, directors and key employees
$548,984
Other salaries and wages
$33,168,416
Salaries, compensation and benefits (total)
$43,801,669
Professional fundraising fees
$0
Legal fees
$129,248
Accounting fees
$380,097
Occupancy
$586,033
Travel
$157,942
Depreciation
$444,213
Program services (functional)
$44,504,099
Management and general (functional)
$12,832,886
Fundraising (functional)
$1,250,762

Balance sheet and other

Total assets, start of year
$39,252,137
Total assets, end of year
$36,396,592
Total liabilities, end of year
$11,852,543
Net assets, end of year
$24,544,049
Land, buildings and equipment
$343,852
Publicly traded securities
$2,883,324
Net assets without donor restrictions
$20,077,615
Net assets with donor restrictions
$4,466,434
Gross receipts
$75,979,916
Employees
917
Volunteers
400
Year formed
1886
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MELISSA E AASECHIEF EXECUTIVE OFFICER
Officer
35$292,339$56,454
LAURA MCGINLEYCHIEF EXTERNAL RELATIONS OFFICER
Highest-paid employee
35$199,743$52,896
RABIYA AKHTAR CHIEFFINANCIAL ADMIN OFFICER, THRU 01/25
Officer
35$209,377$34,768
STEVEN PORTERICKERCHIEF PROGRAM AND EQUITY OFFICER
Highest-paid employee
35$193,390$23,055
SUBHASH CHANDRASENIOR MEDICAL DIRECTOR
Highest-paid employee
35$203,763$12,226
LAKEYA MICHELDIRECTOR OF CASE MGMT. SERVICES
Highest-paid employee
35$173,753$10,683
MICHELLE A GREENCHIEF PEOPLE OFFICER
Highest-paid employee
35$165,743$12,006
RENEE EUBANKSCO-CHAIR
Trustee or director, Officer
2$0$0
BENJAMIN SCHALLCO-CHAIR
Trustee or director, Officer
2$0$0
RONNI FISHERVICE PRESIDENT FOR PROGRAMS
Trustee or director, Officer
2$0$0
FREDERICK YEETREASURER
Trustee or director, Officer
2$0$0
AVIVA WILLSECRETARY
Trustee or director, Officer
2$0$0
LEONARD BERMANDIRECTOR
Trustee or director
2$0$0
CHRISTINA CHIUDIRECTOR
Trustee or director
2$0$0
AARON DANIELSDIRECTOR
Trustee or director
2$0$0
17 more people on this return
NameTitleHours / weekCompensation
STEVEN GREENDIRECTOR
Trustee or director
2$0
HALE GURLANDDIRECTOR
Trustee or director
2$0
ERIC GYASIDIRECTOR
Trustee or director
2$0
KEN JOSEPHDIRECTOR
Trustee or director
2$0
RICHARD MEDORDIRECTOR
Trustee or director
2$0
PATRICK MICHELDIRECTOR
Trustee or director
2$0
THOMAS MORGANDIRECTOR
Trustee or director
2$0
AISHA OLIVER-STALEYDIRECTOR THRU 5/25
Trustee or director
2$0
STEVEN M SCHALLDIRECTOR
Trustee or director
2$0
PETER SIROKADIRECTOR
Trustee or director
2$0
HARLY STEVENSDIRECTOR
Trustee or director
2$0
ANDREW ZHUDIRECTOR
Trustee or director
2$0
IAN ZILLADIRECTOR
Trustee or director
2$0
MARIE-LAURIE ROMNEYDIRECTOR
Trustee or director
2$0
HABIBA WAZIRUDDINDIRECTOR
Trustee or director
2$0
JOANNA WEINERDIRECTOR
Trustee or director
2$0
LISA STEINCHIEF FINANCIAL OFFICER, AS OF 04/25
Officer
35$0
990 for the year ended June 30, 2024: 30 people
NameTitleHours / weekCompensationOther / benefits
MELISSA E AASECHIEF EXECUTIVE OFFICER
Officer
35$312,605$52,306
LAURA MCGINLEYCHIEF EXTERNAL RELATIONS OFFICER
Highest-paid employee
35$196,738$47,536
RABIYA AKHTAR CHIEFFINANCIAL ADMINISTRATIVE OFFICER
Officer
35$203,242$32,470
MICHELLE A GREENCHIEF PEOPLE OFFICER
Highest-paid employee
35$191,220$23,632
MARY GRACE ADAMSASSOCIATE EXECUTIVE DIRECTOR
Highest-paid employee
35$149,406$37,711
JENNIFER L VALLONEASSOCIATE EXECUTIVE DIRECTOR
Highest-paid employee
35$149,301$22,112
SUBHASH CHANDRASENIOR MEDICAL DIRECTOR
Highest-paid employee
35$147,754$9,042
RENEE EUBANKSCO-CHAIR
Trustee or director, Officer
2$0$0
BENJAMIN SCHALLCO-CHAIR
Trustee or director, Officer
2$0$0
RONNI FISHERVICE PRESIDENT FOR PROGRAMS
Trustee or director, Officer
2$0$0
FREDERICK YEETREASURER
Trustee or director, Officer
2$0$0
AVIVA WILLSECRETARY
Trustee or director, Officer
2$0$0
LEONARD BERMANDIRECTOR
Trustee or director
2$0$0
CHRISTINA CHIUDIRECTOR
Trustee or director
2$0$0
STEVEN GREENDIRECTOR
Trustee or director
2$0$0
HALE GURLANDDIRECTOR
Trustee or director
2$0$0
KEN JOSEPHDIRECTOR
Trustee or director
2$0$0
DEBBIE MADDENDIRECTOR THRU 9/2023
Trustee or director
2$0$0
RICHARD MEDORDIRECTOR
Trustee or director
2$0$0
PATRICK MICHELDIRECTOR
Trustee or director
2$0$0
THOMAS MORGANDIRECTOR
Trustee or director
2$0$0
AISHA OLIVER-STALEYDIRECTOR
Trustee or director
2$0$0
STEVE PERRICONEDIRECTOR THRU 10/2023
Trustee or director
2$0$0
STEVEN M SCHALLDIRECTOR
Trustee or director
2$0$0
PETER SIROKADIRECTOR
Trustee or director
2$0$0
HARLY STEVENSDIRECTOR
Trustee or director
2$0$0
ANDREW ZHUDIRECTOR
Trustee or director
2$0$0
IAN ZILLADIRECTOR
Trustee or director
2$0$0
MARIE-LAURIE ROMNEYDIRECTOR
Trustee or director
2$0$0
JOANNA WEINERDIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 31 people
NameTitleHours / weekCompensationOther / benefits
MELISSA E AASECHIEF EXECUTIVE OFFICER
Officer
35$238,415$38,017
LAURA MCGINLEYCHIEF EXTERNAL RELATIONS OFFICER
Highest-paid employee
35$184,450$25,489
MICHELLE A GREENCHIEF PEOPLE OFFICER
Highest-paid employee
35$187,055$18,885
RABIYA AKHTAR CHIEFFINANCIAL ADMINISTRATIVE OFFICER
Officer
35$185,177$17,370
MICHELLE A PAIGE CHIEF PRGMAND EQUITY OFFICER THRU JAN. 2023
Highest-paid employee
35$192,317$95
MONIQUE FLORESASSOCIATE EXECUTIVE DIRECTOR
Highest-paid employee
35$169,743$22,312
MARY GRACE ADAMSASSOCIATE EXECUTIVE DIRECTOR
Highest-paid employee
35$145,819$27,470
RENEE EUBANKSCO-CHAIR
Trustee or director, Officer
2$0$0
BENJAMIN SCHALLCO-CHAIR
Trustee or director, Officer
2$0$0
EMMA BLOCH VICEPRESIDENT FOR FINANCE, THRU 9/19/22
Trustee or director, Officer
2$0$0
RONNI FISHERVICE PRESIDENT FOR PROGRAMS
Trustee or director, Officer
2$0$0
RICHARD MEDORVICE PRESIDENT FOR AUDIT
Trustee or director, Officer
2$0$0
FREDERICK YEETREASURER
Trustee or director, Officer
2$0$0
AVIVA WILLSECRETARY
Trustee or director, Officer
2$0$0
LEONARD BERMANDIRECTOR
Trustee or director
2$0$0
CHRISTINA CHIUDIRECTOR
Trustee or director
2$0$0
STEVEN GREENDIRECTOR
Trustee or director
2$0$0
HALE GURLANDDIRECTOR
Trustee or director
2$0$0
KEN JOSEPHDIRECTOR
Trustee or director
2$0$0
DEBBIE MADDENDIRECTOR
Trustee or director
2$0$0
PATRICK MICHELDIRECTOR
Trustee or director
2$0$0
THOMAS MORGANDIRECTOR
Trustee or director
2$0$0
AISHA OLIVER-STALEYDIRECTOR
Trustee or director
2$0$0
STEVE PERRICONEDIRECTOR
Trustee or director
2$0$0
STEVEN M SCHALLDIRECTOR
Trustee or director
2$0$0
DAVID SHAPIRODIRECTOR, THRU 12/14/22
Trustee or director
2$0$0
PETER SIROKADIRECTOR
Trustee or director
2$0$0
HARLY STEVENSDIRECTOR
Trustee or director
2$0$0
ALAN P WINTERSDIRECTOR, THRU 6/8/23
Trustee or director
2$0$0
ANDREW ZHUDIRECTOR
Trustee or director
2$0$0
IAN ZILLADIRECTOR
Trustee or director
2$0$0
990 for the year ended June 30, 2022: 26 people
NameTitleHours / weekCompensationOther / benefits
MELISSA E AASECHIEF EXECUTIVE OFFICER
Officer
35$236,291$46,692
Michelle A GreenChief People Officer
Highest-paid employee
35$171,389$23,113
ANDY J SANTIAGOController (through 12/21)
Highest-paid employee
35$140,167$41,748
Subhash ChandraMedical Director
Highest-paid employee
21$162,815$3,391
Jennifer L ValloneAssociate Executive Director
Highest-paid employee
35$136,045$21,414
MICHELLE A PAIGEChief Program & Equity Officer
Highest-paid employee
35$156,972$58
Rabiya AkhtarCFAO (started 8/21)
Officer
35$58,897$9,409
BENJAMIN SCHALLCO-CHAIR
Trustee or director, Officer
2$0$0
RENEE EUBANKSCO-CHAIR
Trustee or director, Officer
2$0$0
RONNI FISHERVICE PRESIDENT FOR PROGRAMS
Trustee or director, Officer
2$0$0
EMMA BLOCHVice President for Finance
Trustee or director, Officer
2$0$0
THOMAS MORGANTREASURER
Trustee or director, Officer
2$0$0
STEVEN M SCHALLVICE PRESIDENT
Trustee or director, Officer
2$0$0
RICH MEDORVice President for Audit
Trustee or director, Officer
2$0$0
AVIVA WILLSECRETARY
Trustee or director, Officer
2$0$0
IAN ZILLADIRECTOR
Trustee or director
2$0$0
STEFANIE BATTEN BLANDDIRECTOR
Trustee or director
2$0$0
JAMES K FINKELDIRECTOR
Trustee or director
2$0$0
HALE GURLANDDIRECTOR
Trustee or director
2$0$0
ALAN P WINTERSDIRECTOR
Trustee or director
2$0$0
KEN JOSEPHDIRECTOR
Trustee or director
2$0$0
HARLY STEVENSDIRECTOR
Trustee or director
2$0$0
ANDREW ZHUDIRECTOR
Trustee or director
2$0$0
STEVE PERRICONEDIRECTOR
Trustee or director
2$0$0
DAVID SHAPIRODIRECTOR
Trustee or director
2$0$0
Leonard BermanDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
184 ELDRIDGE ST 3RD FL, NEW YORK, NY 10002-2924
In care of
% RABIYA AKHTAR
Principal officer (990 for 2024)
MELISSA AASE, 184 ELDRIDGE STREET, NEW YORK, NY 10002
Signed the 990
MELISSA AASE, CHIEF EXECUTIVE OFFICER
Phone
(212) 674-9120
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $17,676,902 · revenue $8,584,303
  • 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.
    Expenses $16,938,245 · revenue $4,493,059
  • 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.
    Expenses $9,888,952 · grants $95,562

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-5562374
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1938
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$36,396,592
Income (IRS master file)
$75,979,916

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$68,600,032$58,587,747$36,396,592IRS
990June 2024$56,395,143$57,290,054$39,252,137IRS
990June 2023$51,433,400$52,215,641$44,053,463XML
990June 2022$43,915,251$45,378,258$44,434,696XML
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-5562374).

Questions about UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK

What is the EIN of UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK?
The employer identification number (EIN) of UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK is 13-5562374.
Is UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
Are donations to UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK?
The 990 for the year ended June 30, 2025 names MELISSA AASE.
Who are the officers and directors of UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK?
The 990 for the year ended June 30, 2025 lists 32 people; 7 received compensation from the organization, the highest $292,339 (MELISSA E AASE, CHIEF EXECUTIVE OFFICER).
How much revenue does UNIVERSITY SETTLEMENT SOCIETY OF NEW YORK have?
On its 990 for the year ended June 30, 2025 it reported revenue of $68,600,032, expenses of $58,587,747 and total assets of $36,396,592 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York