Union Settlement Association Inc

“The organization engaged btq financial for financial management services. No employees of the organization are compensated by btq financial. The organization incurred $863,446 of expenses for these services in fiscal year 2024.”

“The form 990 is prepared by an outside accounting firm and is reviewed by the organization's chief executive officer, financial consultant, and other members of the executive team. It is distributed to all members of the board of directors for their review and approval prior to filing.”

“The organization has a conflict of interest policy applicable to directors, officers, and key persons. Covered persons have a duty to disclose to union settlement's compliance officer the existence of any possible conflict of interest. The compliance officer is responsible for reporting possible conflicts of interest to the board. Determinations regarding conflict matters are to be made by the board of directors by a majority vote of the directors present at the time of the vote, if a quorum is present at that time. No related party or other covered person may participate in deliberations or voting relating to a matter with respect to which they may be conflicted. However, such person may present information concerning the transaction at a meeting of the board of directors prior to the commencement of deliberations or voting relating to such transaction. In no event may a covered person or a related party influence improperly the deliberation or voting on the matter giving rise to a conflict or possible conflict. Deliberations and decisions regarding conflicts of interest are documented in the board minutes. Each director, officer and key person must, prior to the time such person assumes such position, be provided with a copy of the conflict of interest policy and complete, sign and submit a written conflict of interest disclosure form to the secretary of union settlement. At least annually thereafter, each director, officer and key person must submit a signed statement disclosing any possible conflicts of interest and confirming that such person has agreed to comply with the conflict of interest policy.”

“The chief executive officer's goals are established annually and reviewed with the board chair throughout the year. At the conclusion of the performance year, the ed conducts a self-evaluation, as well as a 360-survey with staff, all of which is reviewed by the board chair. The compensation for the organization's chief executive officer is approved by the executive committee of the board of directors following a review of the evaluation; in addition, results of the salary survey conducted by united neighborhood houses ("unh"), as well as other relevant market salary information is taken into account. The approval is discussed during executive session and therefore is not documented in the minutes of the meeting of the executive committee. The process was last conducted in 2024.”

“The form 990 is available on the organizations' website and is also posted on guidestar.org and other similar types of websites. In addition, the organization makes its form 990, governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Home provider payments: program service expenses 1,617,069. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,617,069. Financial management services: program service expenses 1,245,304. Management and general expenses 739,858. Fundraising expenses 111,702. Total expenses 2,096,864. Payroll fees: program service expenses 0. Management and general expenses 112,742. Fundraising expenses 0. Total expenses 112,742. Security services: program service expenses 11,583. Management and general expenses 851. Fundraising expenses 0. Total expenses 12,434. Contract services: program service expenses 0. Management and general expenses 61,380. Fundraising expenses 0. Total expenses 61,380.”

“Pension liability adjustment 790,534. Write off of uncollectible pledges -21,745.”

“The organization has a committee that is responsible for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.”