Structured Employment Economic Development

Community development organization based in Bronx, NY. 48 employees. Exempt under §501(c)(3).

MissionSTRUCTURED 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

EIN
13-2875743
State
NY
Sector
Community development
Budget band
$5M–$10M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$5.8M
Total revenue
$6.1M
Total expenses
$2.5M
Net assets

Financial health · TY 2024

33
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-5.1 months of expenses
Program efficiency
82
82.9% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Keith Rasmussen
EXECUTIVE DIRECTOR
$208,254
63th percentile vs. peers

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Structured Employment Economic Development Executive Compensation | 990 Data | DoubleNine