2013-01-31T09:06:38-06:00 2011-12-31 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2011-01-01 132875743 STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION % JOHN EMMERT CFO STRU 2124730255 915 BROADWAY 17TH FLOOR NEW YORK NY 10010 BARBARA DWYER GUNN 2013-01-30 true Paul Hammerschmidt 2128858000 2011 2016-02-25 16:41:14Z SEEDCO BARBARA DWYER GUNN 915 BROADWAY 17TH FL NEW YORK NY 10010 36186581 false X www.seedco.org X 1976 NY TO 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. 10 10 386 0 0 0 45345652 34057400 12998 215256 628 313 1977223 1803038 47336501 36076007 27921274 16288880 0 0 12814693 15440033 0 0 593726 6572209 7908738 47308176 39637651 28325 -3561644 16341473 13954141 10942426 12116738 5399047 1837403 X STRUCTURED 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. false false 23490488 0 WORKFORCE 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. 6616461 215256 WORK 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. 2862706 0 SMALL 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. 32969655 true true false true false false false false false true false false false true true false true false false false false false false true false false true true true false false false false false false false false false false false false false true false false false false true 19 0 true 386 true false false false false false true true false false false false X 10 10 false false false false false false false true true false false true true true true true true false false false GA MD NY TN X JOHN EMMERT CFO 2124730255 915 BROADWAY 17TH FL NEW YORK NY 10010 X GEORGE A PRUITT 1.0 X X 0 0 0 LILLIAM BARRIOS-PAOLI 1.0 X X 0 0 0 PAUL R FRANKE III 1.0 X X 0 0 0 JUDITH G CLABES 1.0 X X 0 0 0 STANLEY BREZENOFF 1.0 X 0 0 0 MAURICE L COLEMAN 1.0 X 0 0 0 ROBERT P GILOTH 1.0 X 0 0 0 MITCHELL GORDON 1.0 X 0 0 0 DEMETRA SMITH NIGHTINGALE 1.0 X 0 0 0 SANDRA L PHILLIPS 1.0 X 0 0 0 BARBARA DWYER GUNN 35.0 X 378275 0 18733 PAUL SCHUCHERT 35.0 X 185405 0 4396 SOLOMON MALACH THRU 6302011 35.0 X 171014 0 8992 GAIL QUAN 35.0 X 151862 0 11066 TAMMY FOLK 35.0 X 143243 0 15060 NATASHA LIFTON 35.0 X 132714 0 6533 RONALD KIRK 35.0 X 121219 0 6193 1283732 0 70973 10 false true false ZOTECA INC 64 BEAVER STREET SUITE 195 NEW YORK NY 10004 SOFTWARE CONSULTANT 629216 KOSTELANETZ FINK LLP 7 WORLD TRADE CENTER NEW YORK NY 10007 LEGAL 247907 CENTER FOR NONPROFIT MANAGEMENT 44 VANTAGE WAY NASHVILLE TN 37228 STRATEGIC PLANNING 130561 3 165901 207750 31147220 2536529 34057400 PROGRAM AND PROCESSING FEES 900099 215256 215256 215256 313 313 0 0 0 17375 207750 110574 -93199 -93199 0 0 MANAGEMENT FEES 900099 1614928 1614928 MISCELLANEOUS INCOME 900099 281309 281309 1896237 36076007 215256 0 1803351 11587371 11587371 4701509 4701509 0 0 586810 37960 548850 0 12226979 9351197 2521472 354310 494301 379616 100234 14451 1187157 878022 275980 33155 944786 694754 223646 26386 0 552066 531766 20300 328034 52910 275124 152630 152630 0 0 1094986 856634 152390 85962 185500 180401 4882 217 535357 317831 215875 1651 563322 270498 292824 0 1422011 723518 628436 70057 272516 238122 28630 5764 0 104595 82450 22145 130356 130356 0 673208 673208 99412 3209 96203 INDIRECT COST ALLOCATION -410458 -410458 ALLOCATED SERVICE EXPENSE -96463 -96463 BAD DEBT EXPENSE 1137344 1137344 RECRUITMENT & TEMP PERSONNEL 967550 960969 5998 583 196772 80037 115545 1190 39637651 32969655 6074270 593726 543696 222722 1610617 1580499 11481235 10121540 624815 673071 0 0 0 0 775 0 0 0 0 204252 5588132 4598760 1306462 989372 0 0 0 0 0 0 0 0 773873 162685 16341473 13954141 3544248 5245874 0 0 711281 214743 0 0 0 0 0 0 1350000 1892797 0 0 5336897 4763324 10942426 12116738 X 1931428 -65312 3467619 1902715 0 0 5399047 1837403 16341473 13954141 -3561644 X false true true X true true X 24808436 39401615 44758522 45345652 34057400 188371625 24808436 39401615 44758522 45345652 34057400 188371625 188371625 287652 174889 18815 628 313 482297 1077781 602065 1913655 1563883 1896237 7053621 195907543 1124535 0.96153 0.96434 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 210527 210527 false PART II-B, LINE 1I: SEECDCO 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. 1449020 1317997 131023 3487904 2721736 766168 651208 559027 92181 989372 0 REFUNDABLE CONTRACT ADVANCES 643847 DUE TO AFFILIATE 4119477 4763324 36076007 39637651 -3561644 -3561644 36186581 110574 110574 36076007 36076007 39748225 110574 110574 39637651 39637651 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 FALL BENEFIT 225125 207750 17375 28020 82554 0 225125 207750 17375 28020 82554 110574 -93199 true Tennessee Community Services Agency 1604 W REELFOOT AVE UNION CITY TN 38261 621413010 501(C)(3) 1953478 Workforce PORTER-LEATH (CHILDREN'S BUREAU INC) 868 North Manassas ST MEMPHIS TN 38107 581409385 501(C)(3) 1870133 Workforce DEV./ Bridges USA Inc 477 North 5th Street Memphis TN 38105 237081488 501(C)(3) 1632569 WORKFORCE Kairos Services Inc 3523 Lamar Avenue Memphis TN 38118 263502542 501(C)(3) 1541579 WORKFORCE Case Management 4041 Knight Arnold Road Memphis TN 38118 621434530 501(C)(3) 486477 WORKFORCE Northern Manhattan Improvement Corp 76 Wadsworth Avenue NEW YORK NY 10033 132972415 501(C)(3) 410087 Workforce Dev./ BronxWorks Inc 60 East Tremont Bronx NY 10453 133254484 501(C)(3) 312686 Workforce Dev./ Brooklyn Housing and Family Services 415 Albemarle Road Brooklyn NY 11218 112412584 501(C)(3) 228093 ASSET BUILDING Memphis Area Legal Services 109 N Main St 2nd FL Claridge HS Memphis TN 38103 620841436 501(C)(3) 175513 ASSET BUILDING D&E A Financial Education & Training Institute 4820 Jonesboro RD Forest Park GA 30297 582515058 501(C)(3) 129065 ASSET BUILDING The Children's Aid Society 105 E 22nd ST STE 902 NEW YORK NY 10010 135562191 501(C)(3) 124083 ASSET BUILDING Cypress Hills Local Development Corp 625 Jamaica Avenue Brooklyn NY 11208 112683663 501(C)(3) 118854 Workforce Dev./ SEEDCO Financial Services Inc 915 Broadway 18th FL NEW YORK NY 10010 593814814 501(C)(3) 113090 ASSET BLDG/COMMUNITY Urban Strategies Inc 720 Olive ST 2600 St Louis MO 63101 431141027 501(C)(3) 107584 Asset Building Associated Catholic Charities 1966 Greenspring DR SUITE 200 Timoninum MD 21093 520591538 501(C)(3) 89655 ASSET BUILDING Binghampton Development Corporation 3000 Walnut Grove RD at Tillman Memphis TN 38111 200062075 501(C)(3) 89380 ASSET BUILDING The Center for Working Families Inc 447 Windsor ST STE 304 Atlanta GA 30312 432071145 501(C)(3) 86731 ASSET BUILDING Ridgewood Bushwick Senior Citizens Council INC 555 Bushwick Avenue Brooklyn NY 11206 112453853 501(C)(3) 86513 ASSET BUILDING St Nicks Alliance 2 Kingsland AVE 1st FL Brooklyn NY 11211 510192170 501(C)(3) 85682 ASSET BUILDING The IMPACT Group 1255 Lakes PKWY BLDG 100 STE 110 Lawrenceville GA 30043 582055819 501(C)(3) 80804 ASSET BUILDING Paraprofessional Healthcare Institute 349 East 149th ST 5th FL BRONX NY 10451 133575492 501(C)(3) 80500 WORKFORCE Exchange Club Family Center 139 Thomspon Lane Nashville TN 37211 621237360 501(c)(3) 80354 ASSET BUILDING United Way of the Coastal Empire 428 Bull Street Savannah GA 31401 580623603 501(C)(3) 75000 ASSET BUILDING Dominion Financial Management INC 660 Fitzhugh Blvd STE 108 Smyrna TN 37167 562140536 501(C)(3) 62233 ASSET BUILDING Worcester East Side Community Development Corp 409 Shrewsbury St Worcester MA 01604 043280116 501(C)(3) 60364 ASSET BUILDING Housing Conservation Coordinators Inc 777 Tenth Avenue NEW YORK NY 10019 510141489 501(C)(3) 58948 ASSET BUILDING Highbridge Community Life Center Inc 979 Ogden Avenue BRONX NY 10452 133015539 501(C)(3) 56550 WORKFORCE Urban Restoration Enhancement Corp PO Box 73032 Baton Rouge LA 70874 721223347 501(C)(3) 55528 ASSET BUILDING Corporation to Develop Communities of Tampa Inc 1907 E Hillsborough AVE Tampa FL 33610 593150608 501(C)(3) 50343 ASSET BUILDING CAMBA Inc 1720 Church Avenue Brooklyn NY 11226 112480339 501(C)(3) 49739 Workforce Dev./ Belair-Edison Neighborhoods Inc 3412 Belair Road Baltimore MD 21213 521755185 501(C)(3) 47433 ASSET BUILDING The Works Incorporated 1471 Genesis Circle Memphis TN 38106 621751430 501(C)(3) 47279 ASSET BUILDING Fifth Ward Community Redevelopment Corp PO Box 21502 Houston TX 77226 760288037 501(C)(3) 46901 ASSET BUILDING Bon Secours of Maryland Foundation Inc 26 North Fulton AVE Baltimore MD 21223 521732800 501(C)(3) 44962 ASSET BUILDING Christ Community Health Services Inc 2595 Central Avenue Memphis TN 38104 621583270 501(C)(3) 42874 ASSET BUILDING Harlem Congregations for Comm Improvement Inc 2854 F Douglas Blvd NEW YORK NY 10039 133516262 501(C)(3) 42605 ASSET BUILDING Episcopal Community Development Inc 31 Mulberry Street Newark NJ 07102 223072251 501(C)(3) 42383 ASSET BUILDING Job Opportunities Task Force 111 Water Street Baltimore MD 21202 522278450 501(C)(3) 40000 ASSET BUILDING Memphis Housing Resource Center INC 2400 Poplar Ave STE 220 Memphis TN 38112 621601035 501(C)(3) 39067 ASSET BUILDING Family Services Agency 628 W BWAY STE 300 North Little Rock AR 72114 710237511 501(C)(3) 38851 ASSET BUILDING Southeast Community Development Corp 3700 Eastern Avenue Baltimore MD 21224 521034466 501(C)(3) 38273 ASSET BUILDING The Development Corporation of Northwest Baltimore 3521 W Belvedere AVE Baltimore MD 21215 521585905 501(C)(3) 37905 ASSET BUILDING Frayser Community Development Corp 3684 N Watkins Memphis TN 38127 582158058 501(C)(3) 36404 ASSET BUILDING Neighborhood Housing Services of Baltimore 819 Park Avenue Baltimore MD 21201 521007666 501(C)(3) 35266 ASSET BUILDING The Hampden Family Center Inc 1104 W 36th Street Baltimore MD 21211 521911153 501(C)(3) 35000 ASSET BUILDING Community Assistance Network Inc 7900 E Baltimore Street Dundalk MD 21224 520823186 501(C)(3) 34655 ASSET BUILDING Saint Vincent de Paul Society Inc 2050-C C Tucker RD Atlanta GA 30341 580967972 501(C)(3) 33955 ASSET BUILDING Phipps Community Development Corp 902 Broadway 13th FL NEW YORK NY 10451 132707665 501(C)(3) 33058 ASSET BUILDING The Sullivan Center 643-645 Dill AVENUE SW ATLANTA GA 30310 581641941 501(C)(3) 32950 ASSET BUILDING Community Development Council of Greater Memphis 1548 Poplar Avenue Memphis TN 38104 621514675 501(C)(3) 31777 ASSET BUILDING Financial Counselors of America PO Box 111124 Memphis TN 38111 621851924 501(C)(3) 29142 ASSET BUILDING The Community College of Baltimore County 800 S Rolling RD Bldg R Room 204 Baltimore MD 21228 521977456 28301 ASSET BUILDING Groundwork Inc 595 Sutter Avenue Brooklyn NY 11207 731625176 501(C)(3) 27623 ASSET BUILDING NEWSED Community Development Corp 1029 Santa Fe Drive Denver CO 80204 742275534 501(c)(3) 27548 ASSET BUILDING University Settlement Society of New York 184 Eldridge Street New York NY 10002 135562374 501(C)(3) 27465 ASSET BUILDING Humboldt Park Social 3051 W Armitage Ave Chicago IL 60647 363731388 501(C)(3) 25697 ASSET BUILDING MANNA Inc 828 Evarts Street NE Washington DC 20018 521260698 501(C)(3) 25152 ASSET BUILDING Neighborhood Housing Opportunities 1548 Poplar Avenue Memphis TN 38104 621368173 501(C)(3) 22861 ASSET BUILDING West Jackson CDC 1060 J R Lynch Street Jackson MS 39201 581947657 501(C)(3) 22758 ASSET BUILDING Families of Incarcerated Individuals Inc 1380 Poplar Avenue Memphis TN 38104 581982435 501(C)(3) 21833 ASSET BUILDING Atlanta Workforce Development Agency Board 818 Pollard Blvd Atlanta GA 30315 581336367 501(C)(3) 21621 ASSET BUILDING Southeast Memphis Community Development Corp 3150 Lenox Park Blvd Memphis TN 38115 200565167 501(C)(3) 19851 ASSET BUILDING Cooperative Home Care Associates 349 E 149th ST 5 Bronx NY 10451 133238142 19052 Workforce Alabama A&M University Comm Development Corp 117 Wholesale Avenue Huntsville AL 35811 311659380 501(C)(3) 18025 ASSET BUILDING People's Organization for Social Equality Inc 1034 31st Street Kenner LA 70062 721209712 501(C)(3) 17855 ASSET BUILDING Southeast Chicago Development Commission 2938 E 91st ST STE 106 Chicago IL 60617 363165936 501(C)(3) 16172 ASSET BUILDING Asian American Resource Foundation Inc 2855 Rolling Pin Lane Suwanee GA 30024 582321987 501(C)(3) 16060 ASSET BUILDING Association House of Chicago 1116 North Kedzie AVE Chicago IL 60651 362166961 501(C)(3) 12694 ASSET BUILDING Catholic Charities Community Services 1011 First Avenue NEW YORK NY 10022 135562185 501(C)(3) 11011 ASSET BUILDING Urban Health Plan 1065 Southern BLVD BRONX NY 10459 237360305 501(C)(3) 10754 ASSET BUILDING Union Settlement Association Inc 237 E 104th ST NEW YORK NY 10029 131632530 501(C)(3) 10168 Workforce Dev./ Single Parent Alliance and Resource Center 4650 Jimmy Carter Blvd Suite 116B Norcross GA 30093 582605168 501(C)(3) 9750 ASSET BUILDING Westside Community Development Corp PO Box 1969 Tuscaloosa AL 35403 631188022 501(C)(3) 9704 ASSET BUILDING Orange Mound Development Corp 2395 Park Avenue Memphis TN 38114 621507096 501(C)(3) 9587 ASSET BUILDING Near West Side Community Development Corp 216 South Hoyne AVE Chicago IL 60612 363607203 501(C)(3) 9442 ASSET BUILDING 28TH Legislative District & Community Dev CORP PO Box 4703 Chattanooga TN 37405 621548179 501(C)(3) 8688 ASSET BUILDING Catholic Charities of the Archdiocese of Atlanta 680 W Peachtree St NW Atlanta GA 30308 581097003 501(C)(3) 8512 ASSET BUILDING A Share Initiative Inc 5508 Citrus BLVD Harahan LA 70123 202258602 501(C)(3) 7269 ASSET BUILDING Economic Development and Industrial Corp 43 Hawkins Street Boston MA 02114 042519577 65000 Technical The Works Station 70 N Plains Road The Plains OH 45780 316400063 501(C)(3) 65000 Technical Mid-South Peace and Justice Center 1000 South Cooper St Memphis TN 38104 621140695 501(C)(3) 6475 ASSET BUILDING The Bronx Defenders 860 Courtlandt Avenue Bronx NY 10451 133931074 501(C)(3) 5286 Workforce Oak Hill Community Development Corporation 74 Providence Street Worcester MA 01604 222599363 501(C)(3) 5250 ASSET BUILDING 80 3 Participant Transportation - TN Workforce Prog. 14181 4320220 MARKET VALUE Trans. Subsidies Participant Incentives FOR NY Asset Building Prog. 4146 276027 45954 MARKET VALUE Trans. Subsidies Participant Payments FOR TN Workforce Program 69 24471 MARKET VALUE MED/Trans Subsidies Participant Incentives FOR NY Workforce Programs 1045 1920 20133 MARKET VALUE Trans Sub/GIFT CARDS Participant Incentives for National Asset Programs 600 12784 MARKET VALUE GIFT CARDS PART I, LINE 2: SEEDCO 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. X true false false false false false false false true false BARBARA DWYER GUNN 352870 0 12000 0 13405 0 18733 0 0 0 397008 0 0 0 PAUL SCHUCHERT 184020 0 0 0 1385 0 4396 0 0 0 189801 0 0 0 SOLOMON MALACH THRU 6302011 92525 0 0 0 78489 0 6453 0 2539 0 180006 0 0 0 GAIL QUAN 148770 0 0 0 3092 0 11066 0 0 0 162928 0 0 0 TAMMY FOLK 142949 0 0 0 294 0 10325 0 4735 0 158303 0 0 0 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. 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 ORGANIZATION FORM 990 PART VII NAME:GEORGE A. PRUITT TITLE:CHAIRPERSON HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:LILLIAM BARRIOS-PAOLI TITLE:VICE CHAIRPERSON HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:PAUL R. FRANKE III TITLE:TREASURER HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:JUDITH G. CLABES TITLE:SECRETARY HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:BARBARA DWYER GUNN TITLE:CEO/PRESIDENT HOURS:1 SEEDCO FINANCIAL SERVICES INC 915 BROADWAY 17TH FL NEW YORK NY 10010 593814814 FINANCING NY 501(C)(3) 7 false NON-PROFIT ASSISTANCE CORPORATION 915 BROADWAY 17TH FL NEW YORK NY 10010 133952047 DEVELOPMENT NY 501(C)(3) 9 false EMPOWERMENT REINVESTMENT FUND LLC 915 BROADWAY 17TH FL NEW YORK NY 10010 043671771 FINANCING NY SEEDCO FIN SRVC RELATED 1942127 1248440 false false 0.01000 false true true true true false false false false false true false true true false true false false