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Structured Employment Economic Development Corp., Dba Seedco

Structured Employment Economic Development Corp., Dba Seedco

New York, NY 10034
Tax ID13-2875743

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About this organization

Revenue

$7,108,806

Expenses

$7,205,702

Website

seedco.org

Mission

Seedco is a national nonprofit organization that advances economic opportunity for people, businesses, and communities in need. Seedco designs and implements innovative programs, partnerships, and services to foster vibrant economic development through three primary lines of work: workforce development initiatives, family and work support programs, and technical assistance services. Seedco operates programs in New York, Maryland, Tennessee, and Arkansas. Seedco's EarnBenefits platform is available in New York, Maryland, Tennessee, Georgia, and Connecticut.

About

Workforce development- using a long-term career case management model, seedco provides career counselling and job-readiness training and job placement services to help individuals with barriers to employment obtain, retain and advance in jobs. seedcos 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 including non-custodial parents, out-of-school youth, and individuals with a history of criminal justice involvement.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “Structured employment economic development corporations (seedco) mission is to advance economic opportunity for people, businesses, and communities in need as such, seedco designs and implements innovative programs and services that benefit workers, families, and businesses across the country each year, seedco supports communities through two core program portfolios 1) workforce development 2) work and family supports seedco operates as both a direct services provider and an intermediary organization, helping community based organizations expand outreach and secure funding.”.

When discussing its purpose, they were characterized as: “To advance economic opportunity for people, businesses, and communities in need”.

  • The state in which the non-profit is legally authorized to operate is DE, as reported.
  • The filing confirms that the non-profit's address in 2020 was 300 East 175th Street, Bronx, NY, 10457.
  • The form of the non-profit reports 73 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$96,896.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 18 independent voting members.
  • The organization was formed in 1976.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $3,451,405 in salary, compensation, and benefits to its employees.
  • The organization pays $68,228 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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