STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION (EIN 13-2875743)
Tax period
2011-01-01 to 2011-12-31
Filed
2013-01-31
IRS object ID
201330319349300108
Schema version
2011v1.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-01-31T09:06:38-06:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BDO USA LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1100 PARK AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100175001ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN132875743EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENTBusinessNameLine1
Business Name Line2CORPORATIONBusinessNameLine2
FieldValueIRS element (for citing)
In Care Of Name% JOHN EMMERT CFOInCareOfName
Name ControlSTRUNameControl
Phone2124730255Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1915 BROADWAY 17TH FLOORAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10010ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameBARBARA DWYER GUNNName
TitleCEO/PRESIDENTTitle
Date Signed2013-01-30DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NamePaul HammerschmidtName
Phone2128858000Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

FieldValueIRS element (for citing)
Business Name Line1SEEDCOBusinessNameLine1
FieldValueIRS element (for citing)
Name Of Principal Officer PersonBARBARA DWYER GUNNNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1915 BROADWAY 17TH FLAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10010ZIPCode
FieldValueIRS element (for citing)
Gross Receipts36186581GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web Sitewww.seedco.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1976YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO HELP LOW-INCOME PEOPLE AND COMMUNITIES MOVE TOWARD ECONOMIC PROSPERITY BY CREATING ECONOMIC OPPORTUNITIES FOR JOB SEEKERS, WORKERS AND SMALL BUSINESS OWNERS IN DISADVANTAGED COMMUNITIES.ActivityOrMissionDescription
Nbr Voting Members Governing Body10NbrVotingMembersGoverningBody
Nbr Independent Voting Members10NbrIndependentVotingMembers
Total Nbr Employees386TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year45345652ContributionsGrantsPriorYear
Contributions Grants Current Year34057400ContributionsGrantsCurrentYear
Program Service Revenue Prior Year12998ProgramServiceRevenuePriorYear
Program Service Revenue CY215256ProgramServiceRevenueCY
Investment Income Prior Year628InvestmentIncomePriorYear
Investment Income Current Year313InvestmentIncomeCurrentYear
Other Revenue Prior Year1977223OtherRevenuePriorYear
Other Revenue Current Year1803038OtherRevenueCurrentYear
Total Revenue Prior Year47336501TotalRevenuePriorYear
Total Revenue Current Year36076007TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year27921274GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY16288880GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year12814693SalariesEtcPriorYear
Salaries Etc Current Year15440033SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year593726TotalFundrsngExpCurrentYear
Other Expense Prior Year6572209OtherExpensePriorYear
Other Expenses Current Year7908738OtherExpensesCurrentYear
Total Expenses Prior Year47308176TotalExpensesPriorYear
Total Expenses Current Year39637651TotalExpensesCurrentYear
Revenues Less Expenses Prior Year28325RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-3561644RevenuesLessExpensesCY
Total Assets BOY16341473TotalAssetsBOY
Total Assets EOY13954141TotalAssetsEOY
Total Liabilities BOY10942426TotalLiabilitiesBOY
Total Liabilities EOY12116738TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY5399047NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1837403NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionSTRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION'S (SEEDCO) MISSION IS TO IMPROVE ECONOMIC OPPORTUNITIES FOR PEOPLE, BUSINESSES, AND COMMUNITIES IN NEED OF ASSISTANCE. AS SUCH, SEEDCO DESIGNS AND IMPLEMENTS INNOVATIVE PROGRAMS AND SERVICES THAT BENEFIT WORKERS, FAMILIES, AND BUSINESSES. ACROSS THE COUNTRY EACH YEAR, SEEDCO SUPPORTS COMMUNITIES IN THREE WAYS: 1) WORKFORCE DEVELOPMENT 2) WORK AND FAMILY SUPPORTS 3) SMALL BUSINESS SERVICES CREATING AND MANAGING PARTNERSHIPS WITH COMMUNITY-BASED ORGANIZATIONS IS CENTRAL TO SEEDCO'S APPROACH. THESE GROUPS HAVE THE EXPERIENCE, HISTORY, COMMUNITY TRUST, AND CULTURAL COMPETENCE NEEDED TO PROVIDE DIRECT SERVICES TO RESIDENTS IN LOW-INCOME NEIGHBORHOODS WHERE INVESTMENT IN THE ECONOMIC INFRASTRUCTURE IS LOW OR NON-EXISTENT.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense23490488Expense
Revenue0Revenue
DescriptionWORKFORCE DEVELOPMENT - SEEDCO PROVIDES CAREER COUNSELING AND JOB-READINESS TRAINING AND JOB PLACEMENT SERVICES TO DISADVANTAGED INDIVIDUALS. SEEDCO'S WORKFORCE DEVELOPMENT PROGRAMS PROVIDE A BROAD RANGE OF JOB SEEKERS AND WORKERS WITH PATHS TO SUCCESS THAT BEGIN WITH JOB PLACEMENT AND MOVE ON TO JOB RETENTION AND CAREER ADVANCEMENT. WE TAILOR THESE SERVICES SO THEY MEET THE NEEDS OF HARD-TO-SERVE POPULATIONS SUCH AS: LONG-TERM PUBLIC ASSISTANCE RECIPIENTS, NONCUSTODIAL PARENTS, PEOPLE WITH LOW LEVELS OF LITERACY, AND THOSE WITH OTHER BARRIERS TO EMPLOYMENT. IN ADDITION, SEEDCO DESIGNS AND OPERATES ITS WORKFORCE DEVELOPMENT PROGRAMS SO THAT THEY ARE EFFECTIVE FOR BOTH JOB SEEKERS AND EMPLOYERS. WE DO THIS BY USING ALL AVAILABLE RESOURCES, INCLUDING THOSE OF OUR COMMUNITY-BASED AND GOVERNMENT PARTNERS. IT IS CENTRAL TO OUR STRATEGY TO USE A DEMAND-DRIVEN APPROACH THAT TARGETS SPECIFIC GROWTH INDUSTRIES AND ENSURES THAT WORKERS HAVE THE NECESSARY SKILLS TO MEET THE NEEDS OF EMPLOYERS.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense6616461Expense
Revenue215256Revenue
DescriptionWORK AND FAMILY SUPPORTS - EVEN WHEN EMPLOYED, MANY WORKERS EARN WAGES THAT ARE TOO LOW TO SUPPORT THEMSELVES AND THEIR FAMILIES. SEEDCO'S EARNBENEFITS PROGRAM SCREENS LOW-INCOME HOUSEHOLDS TO ASCERTAIN ELIGIBILITY FOR PUBLIC AND PRIVATE INCOME SUPPORT. THIS HELPS HOUSEHOLDS GAIN ACCESS TO MUCH-NEED BENEFITS. SEEDCO USES TECHNOLOGY AND CASE MANAGEMENT SERVICES TO CONNECT WORKERS AND THEIR FAMILIES TO THE FULL RANGE OF BENEFITS: AFFORDABLE HEALTH INSURANCE, THE SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP, FORMERLY FOOD STAMPS), AND CHILDCARE SUBSIDIES. THESE BENEFITS CAN HELP PEOPLE IN NEED ATTAIN LONG-TERM EMPLOYMENT AND FINANCIAL STABILITY. SEEDCO ALSO MANAGES A NATIONAL HOUSING COUNSELING NETWORK, FUNDED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THE NETWORK PROVIDES FAMILIES ACROSS THE COUNTRY WITH INDIVIDUAL COUNSELING AND EDUCATION ON TOPICS SUCH AS HOME BUYING, RENTAL ASSISTANCE, AND PREVENTING MORTGAGE DELINQUENCY, TO ENSURE THAT FAMILIES OBTAIN AS WELL AS RETAIN HOUSING. SEEDCO ALSO PROVIDES FREE TAX-RETURN PREPARATION.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense2862706Expense
Revenue0Revenue
DescriptionSMALL BUSINESS SERVICES - SEEDCO PROVIDES SMALL BUSINESSES WITH CUSTOMIZED TECHNICAL ASSISTANCE, FINANCING ASSISTANCE, AND RECRUITMENT SERVICES. SEEDCO OPERATES THREE BUSINESS SOLUTIONS CENTERS IN NEW YORK CITY UNDER CONTRACT TO THE NEW YORK CITY DEPARTMENT OF SMALL BUSINESS SERVICES. THE CENTERS PROVIDE ENTREPRENEURS WITH BUSINESS COURSES AND ADVICE, AS WELL AS LEGAL AND FINANCIAL ASSISTANCE. TECHNICAL ASSISTANCE - IN ADDITION TO SEEDCO'S DIRECT SERVICE WORK, THE ORGANIZATION'S CONSULTING AND TECHNICAL ASSISTANCE DIVISION PROVIDES ASSISTANCE TO FEDERAL, STATE, AND LOCAL GOVERNMENTS, FUNDERS, AND NONPROFIT AGENCIES. SEEDCO WORKS WITH ITS CLIENTS TO DEVELOP SOLUTIONS THAT MAXIMIZE RESOURCES AND FUNDING STREAMS. THIS ALLOWS CLIENTS TO CREATE INNOVATIVE AND PRACTICAL APPROACHES FOR THE DELIVERY OF THEIR SERVICES WHILE OVERCOMING CHALLENGES AND IDENTIFYING THE MOST EFFECTIVE STRATEGIES FOR ACHIEVING THEIR GOALS.Description
FieldValueIRS element (for citing)
Total Program Service Expense32969655TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiestrueLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationstrueGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109619NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees386NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members10NbrVotingGoverningBodyMembers
Number Independent Voting Members10NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledGAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledTNStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonJOHN EMMERT CFONamePerson
Telephone Number2124730255TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1915 BROADWAY 17TH FLAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10010ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIXInfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (17 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationHighest Compensated EmployeeHighestCompensatedEmployee
GEORGE A PRUITT
CHAIRPERSON1.0XX000
LILLIAM BARRIOS-PAOLI
VICE CHAIRPERSON1.0XX000
PAUL R FRANKE III
TREASURER1.0XX000
JUDITH G CLABES
SECRETARY1.0XX000
STANLEY BREZENOFF
BOARD MEMBER1.0X000
MAURICE L COLEMAN
BOARD MEMBER1.0X000
ROBERT P GILOTH
BOARD MEMBER1.0X000
MITCHELL GORDON
BOARD MEMBER1.0X000
DEMETRA SMITH NIGHTINGALE
BOARD MEMBER1.0X000
SANDRA L PHILLIPS
BOARD MEMBER1.0X000
BARBARA DWYER GUNN
CEO/PRESIDENT35.0X378275018733
PAUL SCHUCHERT
CFO35.0X18540504396
SOLOMON MALACH THRU 6302011
GENERAL COUNSEL35.017101408992X
GAIL QUAN
SVP, HR & ADMINISTRATION35.0151862011066X
TAMMY FOLK
CONTROLLER35.0143243015060X
NATASHA LIFTON
SVP, EXTERNAL AFFAIRS35.013271406533X
RONALD KIRK
VP, BUDGETS AND CONTRACTS35.012121906193X
FieldValueIRS element (for citing)
Total Reportable Comp From Org1283732TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation70973TotalOtherCompensation
Number Individuals GT100 K10NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
ZOTECA INC
64 BEAVER STREET SUITE 195NEW YORKNY10004SOFTWARE CONSULTANT629216
KOSTELANETZ FINK LLP
7 WORLD TRADE CENTERNEW YORKNY10007LEGAL247907
CENTER FOR NONPROFIT MANAGEMENT
44 VANTAGE WAYNASHVILLETN37228STRATEGIC PLANNING130561
FieldValueIRS element (for citing)
Number Of Contractors GT100 K3NumberOfContractorsGT100K
Federated Campaigns165901FederatedCampaigns
Fundraising Events207750FundraisingEvents
Government Grants31147220GovernmentGrants
All Other Contributions2536529AllOtherContributions
Total Contributions34057400TotalContributions

Program Service Revenue ProgramServiceRevenue

FieldValueIRS element (for citing)
DescriptionPROGRAM AND PROCESSING FEESDescription
Business Code900099BusinessCode
Total Revenue Column215256TotalRevenueColumn
Related Or Exempt Function Income215256RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Program Service Revenue215256TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column313TotalRevenueColumn
Exclusion$313ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Income Fundraising Events17375GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events207750CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses110574FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-93199TotalRevenueColumn
Exclusion-$93,199ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnExclusionExclusionAmount
MANAGEMENT FEES9000991614928$1,614,928
MISCELLANEOUS INCOME900099281309$281,309
FieldValueIRS element (for citing)
Total Other Revenue1896237TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column36076007TotalRevenueColumn
Related Or Exempt Function Income215256RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$1,803,351ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total11587371Total
Program Services11587371ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total4701509Total
Program Services4701509ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total586810Total
Program Services37960ProgramServices
Management And General548850ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total12226979Total
Program Services9351197ProgramServices
Management And General2521472ManagementAndGeneral
Fundraising354310Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total494301Total
Program Services379616ProgramServices
Management And General100234ManagementAndGeneral
Fundraising14451Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total1187157Total
Program Services878022ProgramServices
Management And General275980ManagementAndGeneral
Fundraising33155Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total944786Total
Program Services694754ProgramServices
Management And General223646ManagementAndGeneral
Fundraising26386Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total552066Total
Program Services531766ProgramServices
Management And General20300ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total328034Total
Program Services52910ProgramServices
Management And General275124ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total152630Total
Management And General152630ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total1094986Total
Program Services856634ProgramServices
Management And General152390ManagementAndGeneral
Fundraising85962Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total185500Total
Program Services180401ProgramServices
Management And General4882ManagementAndGeneral
Fundraising217Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total535357Total
Program Services317831ProgramServices
Management And General215875ManagementAndGeneral
Fundraising1651Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total563322Total
Program Services270498ProgramServices
Management And General292824ManagementAndGeneral

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total1422011Total
Program Services723518ProgramServices
Management And General628436ManagementAndGeneral
Fundraising70057Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total272516Total
Program Services238122ProgramServices
Management And General28630ManagementAndGeneral
Fundraising5764Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total104595Total
Program Services82450ProgramServices
Management And General22145ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total130356Total
Management And General130356ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total673208Total
Management And General673208ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total99412Total
Program Services3209ProgramServices
Management And General96203ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalManagement And GeneralManagementAndGeneralProgram ServicesProgramServicesFundraisingFundraising
INDIRECT COST ALLOCATION-410458-410458
ALLOCATED SERVICE EXPENSE-96463-96463
BAD DEBT EXPENSE11373441137344
RECRUITMENT & TEMP PERSONNEL9675505998960969583

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total196772Total
Program Services80037ProgramServices
Management And General115545ManagementAndGeneral
Fundraising1190Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total39637651Total
Program Services32969655ProgramServices
Management And General6074270ManagementAndGeneral
Fundraising593726Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY543696BOY
EOY222722EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1610617BOY
EOY1580499EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY11481235BOY
EOY10121540EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY624815BOY
EOY673071EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY775BOY
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY0BOY
EOY204252EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis5588132LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec4598760LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY1306462BOY
EOY989372EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY773873BOY
EOY162685EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY16341473BOY
EOY13954141EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY3544248BOY
EOY5245874EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY711281BOY
EOY214743EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY1350000BOY
EOY1892797EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY5336897BOY
EOY4763324EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY10942426BOY
EOY12116738EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY1931428BOY
EOY-65312EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY3467619BOY
EOY1902715EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY5399047BOY
EOY1837403EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY16341473BOY
EOY13954141EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-3561644ReconcilationRevenueExpenses
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years24808436CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years39401615CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years44758522CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year45345652CurrentTaxYearMinus1Year
Current Tax Year34057400CurrentTaxYear
Total188371625Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years24808436CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years39401615CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years44758522CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year45345652CurrentTaxYearMinus1Year
Current Tax Year34057400CurrentTaxYear
Total188371625Total
FieldValueIRS element (for citing)
Public Support Total170188371625PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years287652CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years174889CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years18815CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year628CurrentTaxYearMinus1Year
Current Tax Year313CurrentTaxYear
Total482297Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1077781CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years602065CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years1913655CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1563883CurrentTaxYearMinus1Year
Current Tax Year1896237CurrentTaxYear
Total7053621Total
FieldValueIRS element (for citing)
Total Support195907543TotalSupport
Gross Receipts From Admissions Etc1124535GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.96153PublicSupportPertcentage170
Public Support Pertcent Prior Year0.96434PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbying
Total Direct LobbyingTotalDirectLobbying
Total Lobbying ExpendituresTotalLobbyingExpenditures
Other Exempt Purpose ExpendituresOtherExemptPurposeExpenditures
Total Exempt Purpose ExpendituresTotalExemptPurposeExpenditures
Lobbying NontaxableLobbyingNontaxableAmount
Grassroots NontaxableGrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non TxTotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying NontxTotLobbyExpendMnsLobbyingNontx
VolunteersfalseVolunteers
Paid Staff Or ManagementfalsePaidStaffOrManagement
Media AdvertisementsfalseMediaAdvertisements
Mailings MembersfalseMailingsMembers
Publications Or BroadcastfalsePublicationsOrBroadcast
Grants Other OrganizationsfalseGrantsOtherOrganizations
Direct Contact LegislatorsfalseDirectContactLegislators
Rallies DemonstrationsfalseRalliesDemonstrations
Other ActivitiestrueOtherActivities
Other Activities$210,527OtherActivitiesAmount
Total Lobbying Expenditures IIB210527TotalLobbyingExpendituresIIB
Not Described In501c3falseNotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

FieldValueIRS element (for citing)
IdentifierPART II-B, LINE 1I:Identifier
ExplanationSEECDCO HIRED CONSULTANTS TO ASSIST WITH ASSESSING THEIR VISIBILITY WITH THE FEDERAL GOVERNMENT, ADVANCING THE SEEDCO POLICY AGENDA AND OUTREACH STRATEGY AT THE FEDERAL LEVEL, DEVELOPING INITIATIVES, INCLUDING EARMARKS, TO OBTAIN FINANCIAL ASSISTANCE, AND MARKETING SEEDCO TO BECOME A GENERAL SERVICES ADMINISTRATION VENDOR TO FEDERAL AGENCIES. INCLUDED ARE PAYMENTS TO CAPALINO & COMPANY AND MANATT, PHELPS, PHILLIPS FOR NYC AND NYS GOVERNMENT RELATIONS.Explanation

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts
Current Year Minus3 YearsCurrentYearMinus3Years
LandLand
BuildingsBuildings

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis1449020OtherCostOrOtherBasis
Depreciation1317997Depreciation
Book Value131023BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis3487904OtherCostOrOtherBasis
Depreciation2721736Depreciation
Book Value766168BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis651208OtherCostOrOtherBasis
Depreciation559027Depreciation
Book Value92181BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings989372TotalOfBookValueLandBuildings
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
REFUNDABLE CONTRACT ADVANCES$643,847
DUE TO AFFILIATE$4,119,477
FieldValueIRS element (for citing)
Total Of Amounts4763324TotalOfAmounts
Total Revenue36076007TotalRevenue
Total Expenses39637651TotalExpenses
Excess Or Deficit For Year-3561644ExcessOrDeficitForYear
Excess Or Deficit Per FS-3561644ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt36186581TotRevenueEtcAuditedFinclStmt
Other Revenues110574OtherRevenues
Revenue Not Rptd F990110574RevenueNotRptdF990
Revenue Subtotal36076007RevenueSubtotal
Total Revenue Per Form99036076007TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt39748225TotExpensesEtcAuditedFinclStmt
Other Expenses Included110574OtherExpensesIncluded
Expenses Not Rptd F990110574ExpensesNotRptdF990
Expenses Subtotal39637651ExpensesSubtotal
Total Expenses Per Form99039637651TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifierExplanationExplanation
PART X, LINE 2:UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ASC 740, "INCOME TAXES", TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED SHOULD IT BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION (THE "REPORTING ORGANIZATION") DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEAR ENDED DECEMBER 31, 2011, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES. THE REPORTING ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER THE CODE, HOWEVER, IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES, UNLESS THAT INCOME IS OTHERWISE EXCLUDED UNDER THE CODE. THE TAX YEARS ENDING 2008, 2009, 2010 AND 2011 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES.
PART XII, LINE 2D AND PART XIII, LINE 2D:SPECIAL EVENT EXPENSES

Schedule G IRS990ScheduleG

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1FALL BENEFITNameOfEvent1
Gross Receipts Event1225125GrossReceiptsEvent1
Charitable Contributions Event1207750CharitableContributionsEvent1
Gross Revenue Event117375GrossRevenueEvent1
Food And Beverage Event128020FoodAndBeverageEvent1
Other Direct Expenses Event182554OtherDirectExpensesEvent1
Total Number Of Other Events0TotalNumberOfOtherEvents
Gross Receipts Total225125GrossReceiptsTotal
Charitable Contributions Total207750CharitableContributionsTotal
Gross Revenue Total Events17375GrossRevenueTotalEvents
Food And Beverage Total Events28020FoodAndBeverageTotalEvents
Other Direct Expenses Total Events82554OtherDirectExpensesTotalEvents
Direct Expense Summary Events110574DirectExpenseSummaryEvents
Net Income Summary-93199NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Recipient Table RecipientTable (83 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrantAddress Line2AddressUS/AddressLine2
Tennessee Community Services Agency
1604 W REELFOOT AVEUNION CITYTN38261621413010501(C)(3)1953478Workforce
PORTER-LEATH (CHILDREN'S BUREAU INC)
868 North Manassas STMEMPHISTN38107581409385501(C)(3)1870133Workforce DEV./
Bridges USA Inc
477 North 5th StreetMemphisTN38105237081488501(C)(3)1632569WORKFORCE
Kairos Services Inc
3523 Lamar AvenueMemphisTN38118263502542501(C)(3)1541579WORKFORCE
Case Management
4041 Knight Arnold RoadMemphisTN38118621434530501(C)(3)486477WORKFORCE
Northern Manhattan Improvement Corp
76 Wadsworth AvenueNEW YORKNY10033132972415501(C)(3)410087Workforce Dev./
BronxWorks Inc
60 East TremontBronxNY10453133254484501(C)(3)312686Workforce Dev./
Brooklyn Housing and Family Services
415 Albemarle RoadBrooklynNY11218112412584501(C)(3)228093ASSET BUILDING
Memphis Area Legal Services
109 N Main St 2nd FLMemphisTN38103620841436501(C)(3)175513ASSET BUILDINGClaridge HS
D&E A Financial Education & Training Institute
4820 Jonesboro RDForest ParkGA30297582515058501(C)(3)129065ASSET BUILDING
The Children's Aid Society
105 E 22nd ST STE 902NEW YORKNY10010135562191501(C)(3)124083ASSET BUILDING
Cypress Hills Local Development Corp
625 Jamaica AvenueBrooklynNY11208112683663501(C)(3)118854Workforce Dev./
SEEDCO Financial Services Inc
915 Broadway 18th FLNEW YORKNY10010593814814501(C)(3)113090ASSET BLDG/COMMUNITY
Urban Strategies Inc
720 Olive ST 2600St LouisMO63101431141027501(C)(3)107584Asset Building
Associated Catholic Charities
1966 Greenspring DRTimoninumMD21093520591538501(C)(3)89655ASSET BUILDINGSUITE 200
Binghampton Development Corporation
3000 Walnut Grove RDMemphisTN38111200062075501(C)(3)89380ASSET BUILDINGat Tillman
The Center for Working Families Inc
447 Windsor ST STE 304AtlantaGA30312432071145501(C)(3)86731ASSET BUILDING
Ridgewood Bushwick Senior Citizens Council INC
555 Bushwick AvenueBrooklynNY11206112453853501(C)(3)86513ASSET BUILDING
St Nicks Alliance
2 Kingsland AVE 1st FLBrooklynNY11211510192170501(C)(3)85682ASSET BUILDING
The IMPACT Group
1255 Lakes PKWYLawrencevilleGA30043582055819501(C)(3)80804ASSET BUILDINGBLDG 100 STE 110
Paraprofessional Healthcare Institute
349 East 149th ST 5th FLBRONXNY10451133575492501(C)(3)80500WORKFORCE
Exchange Club Family Center
139 Thomspon LaneNashvilleTN37211621237360501(c)(3)80354ASSET BUILDING
United Way of the Coastal Empire
428 Bull StreetSavannahGA31401580623603501(C)(3)75000ASSET BUILDING
Dominion Financial Management INC
660 Fitzhugh BlvdSmyrnaTN37167562140536501(C)(3)62233ASSET BUILDINGSTE 108
Worcester East Side Community Development Corp
409 Shrewsbury StWorcesterMA01604043280116501(C)(3)60364ASSET BUILDING
Housing Conservation Coordinators Inc
777 Tenth AvenueNEW YORKNY10019510141489501(C)(3)58948ASSET BUILDING
Highbridge Community Life Center Inc
979 Ogden AvenueBRONXNY10452133015539501(C)(3)56550WORKFORCE
Urban Restoration Enhancement Corp
PO Box 73032Baton RougeLA70874721223347501(C)(3)55528ASSET BUILDING
Corporation to Develop Communities of Tampa Inc
1907 E Hillsborough AVETampaFL33610593150608501(C)(3)50343ASSET BUILDING
CAMBA Inc
1720 Church AvenueBrooklynNY11226112480339501(C)(3)49739Workforce Dev./
Belair-Edison Neighborhoods Inc
3412 Belair RoadBaltimoreMD21213521755185501(C)(3)47433ASSET BUILDING
The Works Incorporated
1471 Genesis CircleMemphisTN38106621751430501(C)(3)47279ASSET BUILDING
Fifth Ward Community Redevelopment Corp
PO Box 21502HoustonTX77226760288037501(C)(3)46901ASSET BUILDING
Bon Secours of Maryland Foundation Inc
26 North Fulton AVEBaltimoreMD21223521732800501(C)(3)44962ASSET BUILDING
Christ Community Health Services Inc
2595 Central AvenueMemphisTN38104621583270501(C)(3)42874ASSET BUILDING
Harlem Congregations for Comm Improvement Inc
2854 F Douglas BlvdNEW YORKNY10039133516262501(C)(3)42605ASSET BUILDING
Episcopal Community Development Inc
31 Mulberry StreetNewarkNJ07102223072251501(C)(3)42383ASSET BUILDING
Job Opportunities Task Force
111 Water StreetBaltimoreMD21202522278450501(C)(3)40000ASSET BUILDING
Memphis Housing Resource Center INC
2400 Poplar Ave STE 220MemphisTN38112621601035501(C)(3)39067ASSET BUILDING
Family Services Agency
628 W BWAYNorth Little RockAR72114710237511501(C)(3)38851ASSET BUILDINGSTE 300
Southeast Community Development Corp
3700 Eastern AvenueBaltimoreMD21224521034466501(C)(3)38273ASSET BUILDING
The Development Corporation of Northwest Baltimore
3521 W Belvedere AVEBaltimoreMD21215521585905501(C)(3)37905ASSET BUILDING
Frayser Community Development Corp
3684 N WatkinsMemphisTN38127582158058501(C)(3)36404ASSET BUILDING
Neighborhood Housing Services of Baltimore
819 Park AvenueBaltimoreMD21201521007666501(C)(3)35266ASSET BUILDING
The Hampden Family Center Inc
1104 W 36th StreetBaltimoreMD21211521911153501(C)(3)35000ASSET BUILDING
Community Assistance Network Inc
7900 E Baltimore StreetDundalkMD21224520823186501(C)(3)34655ASSET BUILDING
Saint Vincent de Paul Society Inc
2050-C C Tucker RDAtlantaGA30341580967972501(C)(3)33955ASSET BUILDING
Phipps Community Development Corp
902 Broadway 13th FLNEW YORKNY10451132707665501(C)(3)33058ASSET BUILDING
The Sullivan Center
643-645 Dill AVENUE SWATLANTAGA30310581641941501(C)(3)32950ASSET BUILDING
Community Development Council of Greater Memphis
1548 Poplar AvenueMemphisTN38104621514675501(C)(3)31777ASSET BUILDING
Financial Counselors of America
PO Box 111124MemphisTN38111621851924501(C)(3)29142ASSET BUILDING
The Community College of Baltimore County
800 S Rolling RDBaltimoreMD2122852197745628301ASSET BUILDINGBldg R Room 204
Groundwork Inc
595 Sutter AvenueBrooklynNY11207731625176501(C)(3)27623ASSET BUILDING
NEWSED Community Development Corp
1029 Santa Fe DriveDenverCO80204742275534501(c)(3)27548ASSET BUILDING
University Settlement Society of New York
184 Eldridge StreetNew YorkNY10002135562374501(C)(3)27465ASSET BUILDING
Humboldt Park Social
3051 W Armitage AveChicagoIL60647363731388501(C)(3)25697ASSET BUILDING
MANNA Inc
828 Evarts Street NEWashingtonDC20018521260698501(C)(3)25152ASSET BUILDING
Neighborhood Housing Opportunities
1548 Poplar AvenueMemphisTN38104621368173501(C)(3)22861ASSET BUILDING
West Jackson CDC
1060 J R Lynch StreetJacksonMS39201581947657501(C)(3)22758ASSET BUILDING
Families of Incarcerated Individuals Inc
1380 Poplar AvenueMemphisTN38104581982435501(C)(3)21833ASSET BUILDING
Atlanta Workforce Development Agency Board
818 Pollard BlvdAtlantaGA30315581336367501(C)(3)21621ASSET BUILDING
Southeast Memphis Community Development Corp
3150 Lenox Park BlvdMemphisTN38115200565167501(C)(3)19851ASSET BUILDING
Cooperative Home Care Associates
349 E 149th ST 5BronxNY1045113323814219052Workforce
Alabama A&M University Comm Development Corp
117 Wholesale AvenueHuntsvilleAL35811311659380501(C)(3)18025ASSET BUILDING
People's Organization for Social Equality Inc
1034 31st StreetKennerLA70062721209712501(C)(3)17855ASSET BUILDING
Southeast Chicago Development Commission
2938 E 91st STChicagoIL60617363165936501(C)(3)16172ASSET BUILDINGSTE 106
Asian American Resource Foundation Inc
2855 Rolling Pin LaneSuwaneeGA30024582321987501(C)(3)16060ASSET BUILDING
Association House of Chicago
1116 North Kedzie AVEChicagoIL60651362166961501(C)(3)12694ASSET BUILDING
Catholic Charities Community Services
1011 First AvenueNEW YORKNY10022135562185501(C)(3)11011ASSET BUILDING
Urban Health Plan
1065 Southern BLVDBRONXNY10459237360305501(C)(3)10754ASSET BUILDING
Union Settlement Association Inc
237 E 104th STNEW YORKNY10029131632530501(C)(3)10168Workforce Dev./
Single Parent Alliance and Resource Center
4650 Jimmy Carter BlvdNorcrossGA30093582605168501(C)(3)9750ASSET BUILDINGSuite 116B
Westside Community Development Corp
PO Box 1969TuscaloosaAL35403631188022501(C)(3)9704ASSET BUILDING
Orange Mound Development Corp
2395 Park AvenueMemphisTN38114621507096501(C)(3)9587ASSET BUILDING
Near West Side Community Development Corp
216 South Hoyne AVEChicagoIL60612363607203501(C)(3)9442ASSET BUILDING
28TH Legislative District & Community Dev CORP
PO Box 4703ChattanoogaTN37405621548179501(C)(3)8688ASSET BUILDING
Catholic Charities of the Archdiocese of Atlanta
680 W Peachtree St NWAtlantaGA30308581097003501(C)(3)8512ASSET BUILDING
A Share Initiative Inc
5508 Citrus BLVDHarahanLA70123202258602501(C)(3)7269ASSET BUILDING
Economic Development and Industrial Corp
43 Hawkins StreetBostonMA0211404251957765000Technical
The Works Station
70 N Plains RoadThe PlainsOH45780316400063501(C)(3)65000Technical
Mid-South Peace and Justice Center
1000 South Cooper StMemphisTN38104621140695501(C)(3)6475ASSET BUILDING
The Bronx Defenders
860 Courtlandt AvenueBronxNY10451133931074501(C)(3)5286Workforce
Oak Hill Community Development Corporation
74 Providence StreetWorcesterMA01604222599363501(C)(3)5250ASSET BUILDING
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants80TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations3TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Non Cash AssistanceAmountOfNonCashAssistanceMethod Of ValuationMethodOfValuationDescription Of Non Cash AssistanceDescriptionOfNonCashAssistanceAmount Of Cash GrantAmountOfCashGrant
Participant Transportation - TN Workforce Prog.141814320220MARKET VALUETrans. Subsidies
Participant Incentives FOR NY Asset Building Prog.414645954MARKET VALUETrans. Subsidies276027
Participant Payments FOR TN Workforce Program6924471MARKET VALUEMED/Trans Subsidies
Participant Incentives FOR NY Workforce Programs104520133MARKET VALUETrans Sub/GIFT CARDS1920
Participant Incentives for National Asset Programs60012784MARKET VALUEGIFT CARDS

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPART I, LINE 2:Identifier
ExplanationSEEDCO MONITORS GRANTS TO RECIPIENTS THROUGH A COMBINATION OF FINANCIAL REPORTS, WRITTEN REPORTS, AND/OR SITE VISITS, DEPENDING ON THE PROGRAM THROUGH WHICH THE ORGANIZATION IS FUNDED. SEEDCO ALSO REVIEWS AUDITED FINANCIAL STATEMENTS AND OMB A-133 REPORTS OF GRANTEES, IF APPLICABLE, AND FOLLOWS UP ON FINDINGS WITH RECIPIENTS WHO HAVE MATERIAL WEAKNESSES OR SIGNIFICANT DEFICIENCIES IN THEIR INTERNAL CONTROLS TO EXAMINE THEIR CORRECTIVE ACTION PLANS.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymenttrueSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptiontrueInitialContractException
Rebuttable Presumption ProcedurefalseRebuttablePresumptionProcedure

Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
BARBARA DWYER GUNN
352870012000013405018733000397008000
PAUL SCHUCHERT
184020000138504396000189801000
SOLOMON MALACH THRU 6302011
925250007848906453025390180006000
GAIL QUAN
1487700003092011066000162928000
TAMMY FOLK
142949000294010325047350158303000

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

IdentifierIdentifierExplanationExplanation
PART I, LINE 4A:SOLOMON MALACH, GENERAL COUNSEL, RECEIVED A SEVERANCE PACKAGE UPON HIS DEPARTURE IN THE AMOUNT OF $77,460. WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION.
PART I, LINE 8:BARBARA GUNN, CHIEF EXECUTIVE OFFICER (CEO) AND PRESIDENT OF SEEDCO Date of written employment contract: March 29, 2010, approved by Board of Directors Employment position Term of contract: 3 years with successive one-year periods extension option unless terminated in writing by either party Compensation arrangement: - base compensation: $345,000, voluntarily reduced to $284,000 in March 2012 - incentives: discretion award determined in the sole and absolute discretion by the Seedco Board of Directors - medical insurance & other fringe benefits: entitled to participate in all employee benefit plans and programs made available to all employees Other significant terms: - Upon eligibility, Seedco will contribute to Seedco's 401(a) pension plan on Ms. Gunn's behalf the same percentage contribution that is made for all other employees (7%). Should Seedco reduce its contribution level below seven (7%), Seedco will pay the difference between seven percent (7%) and the lower contribution rate to Ms. Gunn as additional compensation - Establish a non-qualified deferred compensation plan from Commencement Date for each of the first five years of Ms. Gunn's employment. Seedco will place in the trust an amount equal to ten percent (10%) of Ms. Gunn's base salary. Ms. Gunn has no rights to the deferred comp amount prior to the earlier to occur of the day before (i) Ms. Gunn's death or disability or (ii) the fifth (5) anniversary of the Commencement Date.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11B:FORM 990 WAS PREPARED BY A NATIONALLY RENOWNED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. DRAFT FORM 990 WAS REVIEWED BY THE ORGANIZATION'S CFO AND THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS IN DRAFT VIA ELECTRONIC MAIL, WITH AN OPPORTUNITY FOR THEM TO COMMENT OR MAKE INQUIRY BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12C:THE GENERAL COUNSEL SERVES AS AN ADVISOR TO DIRECTORS AND KEY EMPLOYEES REGARDING POTENTIAL CONFLICTS, BOTH DURING THE ANNUAL RECERTIFICATION PROCESS AND AS THEY ARISE. AS NECESSARY, THE GENERAL COUNSEL BRINGS MATTERS PERTAINING TO KEY EMPLOYEES, OFFICERS, AND DIRECTORS TO THE PRESIDENT FOR DISCUSSION WITH THE BOARD; ADVISES WHEN DIRECTORS MUST REMOVE THEMSELVES FROM VOTING ON ORGANIZATION MATTERS; AND, WITH THE PRESIDENT, MAKES DETERMINATIONS ON MATTERS PERTAINING TO POTENTIAL CONFLICTS CONCERNING STAFF MEMBERS WHO ARE NOT KEY EMPLOYEES.
FORM 990, PART VI, SECTION B, LINES 15A AND 15B:FOR ALL EMPLOYEES OF THE ORGANIZATION EXCEPT THE PRESIDENT, SEEDCO HAS A SALARY STRUCTURE THAT CONSISTS OF JOB GRADES WITH A MINIMUM, MIDPOINT, AND MAXIMUM. THIS STRUCTURE PROVIDES COMPETITIVENESS WITH THE EXTERNAL MARKET THROUGH COMPARISON WITH RELEVANT MARKET INFORMATION. AN INDEPENDENT CONSULTANT USED SURVEYS PUBLISHED BY ABBOT, LANGER AND ASSOCIATES AND PRM CONSULTING GROUP TO BENCHMARK SEEDCO'S SALARIES; THE AVERAGE OF NONPROFIT ORGANIZATIONS OF COMPARABLE SIZE IN THE NEW YORK REGION IS THE MARKET TARGET FOR SALARY COMPENSATION. A POOL FOR SALARY INCREASES AND BONUSES FOR ALL STAFF IS PROPOSED IN THE ORGANIZATION'S ANNUAL BUDGET. THIS POOL IS SUBSEQUENTLY REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS WHEN IT APPROVES THE ORGANIZATION'S ANNUAL BUDGET. THE PRESIDENT REVIEWED AND APPROVED THE SALARIES AND BONUSES OF ALL STAFF OF THE ORGANIZATION. COMPENSATION (SALARY AND BONUS) FOR THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON ITS ASSESSMENT OF THE COMPANY'S OVERALL PERFORMANCE AND THE PRESIDENT'S PERFORMANCE AGAINST INDIVIDUAL GOALS. ANY BONUSES DISTRIBUTED OUTSIDE OF THE REGULAR SALARY INCREASE PROCESS IS APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19:THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE.
HOURS DEVOTED FOR RELATED ORGANIZATIONNAME:GEORGE A. PRUITT TITLE:CHAIRPERSON HOURS:1FORM 990 PART VII
HOURS DEVOTED FOR RELATED ORGANIZATIONNAME:LILLIAM BARRIOS-PAOLI TITLE:VICE CHAIRPERSON HOURS:1FORM 990 PART VII
HOURS DEVOTED FOR RELATED ORGANIZATIONNAME:PAUL R. FRANKE III TITLE:TREASURER HOURS:1FORM 990 PART VII
HOURS DEVOTED FOR RELATED ORGANIZATIONNAME:JUDITH G. CLABES TITLE:SECRETARY HOURS:1FORM 990 PART VII
HOURS DEVOTED FOR RELATED ORGANIZATIONNAME:BARBARA DWYER GUNN TITLE:CEO/PRESIDENT HOURS:1FORM 990 PART VII

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusControlled OrgControlledOrg
SEEDCO FINANCIAL SERVICES INC
915 BROADWAY 17TH FLNEW YORKNY10010593814814FINANCINGNY501(C)(3)7false
NON-PROFIT ASSISTANCE CORPORATION
915 BROADWAY 17TH FLNEW YORKNY10010133952047DEVELOPMENTNY501(C)(3)9false

Form990 Schedule R Part III Form990ScheduleRPartIII

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1EMPOWERMENT REINVESTMENT FUND LLCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1915 BROADWAY 17TH FLAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10010ZIPCode
FieldValueIRS element (for citing)
EIN043671771EIN
Primary ActivityFINANCINGPrimaryActivity
Legal Domicile StateNYLegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1SEEDCO FIN SRVCBusinessNameLine1
FieldValueIRS element (for citing)
Predominant Income TypeRELATEDPredominantIncomeType
Share Of Total Income1942127ShareOfTotalIncome
Share Of EOY Assets1248440ShareOfEOYAssets
Disproportionate AllocationsfalseDisproportionateAllocations
General Or Managing PartnerfalseGeneralOrManagingPartner
Percentage Ownership0.01000PercentageOwnership
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgtrueGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgtrueGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgtrueLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgtrueLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgstruePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiestrueSharingOfFacilities
Sharing Of Paid EmployeestrueSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgtrueReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

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