UNIVERSITY SETTLEMENT INC

EIN: 340714776 501(c)(3) Human Services

CLEVELAND, OH

Total Revenue
$3,135,692
Total Expenses
$3,682,686
Total Assets
$5,143,952
Net Assets
$4,023,499
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1926
Legal Domicile
OH
Principal Officer
TRACEY MASON
Phone
2166418948
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY SETTLEMENT INC, founded in 1926, is a community nonprofit in the Human Services sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $3.7M exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION OF UNIVERSITY SETTLEMENT IS TO OFFER THE INDIVIDUALS AND FAMILIES WE SERVE THE RESOURCES BY WHICH THEY CAN LEARN, GROW, AND THRIVE. THIS MISSION IS GUIDED BY THE FOLLOWING PRINCIPLES: *EXCELLENCE IN ALL ASPECTS OF OUR WORK*SERVING OUR COMMUNITY WITH RESPECT AND DIGNITY*A COMMUNITY-CENTRIC ORIENTATION TO OUR PROGRAMS AND SERVICES*HAVING OUR FEET IN THE STREET TO ENCOURAGE AUTHENTIC COMMUNITY ENGAGEMENT AND ON-GOING COMMUNITY DIALOGUE*ALIGNING OUR PROGRAMS AND SERVICES TO ADDRESS CURRENT AND PRESSING COMMUNITY NEEDS AND BEING NIMBLE SO AS TO BE ABLE TO ADJUST OUR OFFERINGS IN LINE WITH EVOLVING COMMUNITY NEEDS*BUILDING OUR VISIBILITY IN THE COMMUNITY TO BE AS ACCESSIBLE AS POSSIBLE TO THOSE WE STRIVE TO PARTNER WITH AND SERVE*OPERATING WITH A COLLABORATIVE SPIRIT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,905,147
Program Service Revenue $0
Investment Income $66,480
Other Revenue $164,065
TOTAL REVENUE $3,135,692

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,251,732
Fundraising Expenses $143,628
Program Expenses $3,266,147
Other Expenses $1,430,954
TOTAL EXPENSES $3,682,686

Year-over-Year Comparison

2024 2023 Change
Revenue $3,135,692 $6,672,355 -0.5%
Expenses $3,682,686 $3,388,041 +0.1%
Net Income $-546,994 $3,284,314 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
38
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$120,000
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JORDAN TRIMBLE PRESIDENT 6.00
Officer Director
$0 $0 $0
CARRIE MILLER VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
TENISHA GAINES SECRETARY 4.00
Officer Director
$0 $0 $0
PHOEBE ADERIBIGBE DIRECTOR 1.00
Director
$0 $0 $0
MAYIA ALLEN DIRECTOR 1.00
Director
$0 $0 $0
BARBARA ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
AYONNA BLUE-DONALD DIRECTOR 1.00
Director
$0 $0 $0
RICHARD GIBSON DIRECTOR 1.00
Director
$0 $0 $0
RUSSELL HOLMES DIRECTOR 1.00
Director
$0 $0 $0
ANDREW MARTIN DIRECTOR 1.00
Director
$0 $0 $0
DAVID MARGOLIUS DIRECTOR 1.00
Director
$0 $0 $0
TRACEY MASON DIRECTOR 1.00
Director
$0 $0 $0
TELKA SHAW DIRECTOR 1.00
Director
$0 $0 $0
RICHAUN BUNTON EXECUTIVE DIRECTOR 40.00
Officer
$120,000 $0 $120,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,135,692 $3,682,686 $5,143,952 $-546,994
2024 No data No data No data No data
2023 $4,420,380 $3,800,534 $5,159,633 $619,846
2022 $4,775,109 $4,000,305 $4,666,381 $774,804
2021 $4,890,478 $3,920,152 $5,018,877 $970,326
2020 $4,623,352 $3,392,084 $2,966,905 $1,231,268
2019 $2,837,019 $2,940,580 $1,337,104 $-103,561
2018 $2,500,730 $2,560,024 $1,457,295 $-59,294
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