2014-11-14T10:52:29-06:00 2013-12-31 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2013-01-01 132875743 STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION % MATTHEW LOCURTO CFO STRU 2124730255 22 CORTLANDT STREET 33RD FLOOR Suite NEW YORK NY 10007 MATTHEW LOCURTO CFO 2124730255 2014-11-14 true Paul Hammerschmidt P01384178 2124730255 2013 2015-11-30 17:44:51Z X SEEDCO BARBARA DWYER GUNN 22 CORTLANDT ST 33RD FL NEW YORK NY 10007 21151237 false X www.seedco.org X 1976 NY TO HELP LOW-INCOME COMMUNITIES MOVE TOWARD ECONOMIC PROSPERITY BY CREATING ECONOMIC OPPORTUNITIES FOR JOB SEEKERS, WORKERS & SMALL BUSINESS OWNERS IN DISADVANTAGED COMMUNITIES. 8 8 135 10 0 0 31804565 19738088 354278 45851 256 5038 7115723 1362260 39274822 21151237 17134776 10104308 0 0 10100503 6278710 0 0 605228 6906930 4557445 34142209 20940463 5132613 210774 11890123 10066543 4920107 2885753 6970016 7180790 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 11728662 8565752 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. 3595476 1538556 45851 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 FREE TAX RETURN PREPARATION. THESE BENEFITS CAN HELP PEOPLE IN NEED ATTAIN LONG-TERM EMPLOYMENT AND FINANCIAL STABILITY. 66214 0 0 SMALL BUSINESS SERVICES - SEEDCO MAINTAINS STRONG CAPACITY TO PROVIDE TECHNICAL ASSISTANCE TO SMALL BUSINESSES AND NON-PROFITS, AND CONTINUES TO SEEK FUNDERS TO SUPPORT THIS WORK AS WELL AS FEE-FOR-SERVICE OPPORTUNITIES. 15390352 true true false true false false false false false false true false false true true false false true false false false false false false false false false true true true false false false false false false false false false false false false false true false false false true 56 0 true 135 true false false false false false false false false false false X 8 8 false false false false false false false true true false true true true true true true true true false false false AR DE DC FL GA KS KY MD MI MN MS NJ NY TN VA X MATTHEW LOCURTO CFO 2124730255 22 CORTLANDT STREET 33RD FL NEW YORK NY 10007 X GEORGE A PRUITT CHAIRPERSON 1.0 1.0 X X 0 0 0 SANDRA L PHILLIPS VICE CHAIR/SECRETARY 1.0 1.0 X X 0 0 0 PAUL R FRANKE III TREASURER 1.0 1.0 X X 0 0 0 JUDITH G CLABES THRU 1113 SECRETARY 1.0 1.0 X X 0 0 0 STANLEY BREZENOFF BOARD MEMBER 1.0 1.0 X 0 0 0 PETER BURDETTI FROM 1213 BOARD MEMBER 1.0 1.0 X 0 0 0 HOWARD A CHERNICK FROM 1113 BOARD MEMBER 1.0 1.0 X 0 0 0 MITCHELL GORDON THRU 613 BOARD MEMBER 1.0 1.0 X 0 0 0 WALTER MACK FROM 613 BOARD MEMBER 1.0 1.0 X 0 0 0 HERMAN STRICKLAND FROM 1213 BOARD MEMBER 1.0 1.0 X 0 0 0 BARBARA DWYER GUNN CEO/PRESIDENT 35.0 1.0 X 311731 0 106562 MATTHEW LOCURTO FROM 62413 CFO 35.0 1.0 X 95864 0 19652 JOHN EMMERT THRU 33113 CFO 35.0 1.0 X 42308 0 8673 BENJAMIN THOMASES SENIOR VICE PRESIDENT PROGRAMS 35.0 X 154546 0 37585 LISA POTE SR VICE PRESIDENT 35.0 X 145117 0 35749 RONALD KIRK VP BUDGETS & CONTR./CONTROLLER 35.0 X 127531 0 31406 WILLIAM WHITE 313-1113 GENERAL COUNSEL 35.0 1.0 X 125417 0 25710 BRIAN ROBINSON SVP EXTERNAL AFFAIRS 35.0 X 120000 24600 1122514 0 289937 7 false true false EBO Nexus Inc 64 BEAVER STREET SUITE 195 NEW YORK NY 10004 SOFTWARE CONSULTANT 184950 VENABLE LLP 1270 AVENUE OF THE AMERICAS NEW YORK NY 10020 LEGAL 174760 BDO USA LLP 100 PARK AVENUE NEW YORK NY 10017 AUDIT 135750 3 18299609 1438479 19738088 PROGRAM AND PROCESSING FEES 900099 45851 45851 45851 5038 5038 0 0 0 0 0 0 0 0 0 SUBLEASE INCOME 900099 512910 512910 TRANSITION SERVICES 900099 422178 422178 MISCELLANEOUS INCOME 900099 427172 427172 1362260 21151237 45851 0 1367298 7891068 7891068 2213240 2213240 0 0 584790 451593 133197 0 4748338 2669215 1726277 352846 85029 31401 45967 7661 487311 265038 182684 39589 373242 216480 134367 22395 0 245114 190437 54637 40 187489 4238 183066 185 66930 66930 0 0 862122 606514 158513 97095 0 257223 143857 112386 980 223523 132320 90708 495 0 1822095 443775 1297887 80433 141994 115481 25857 656 0 96588 68646 27942 38651 38651 0 304268 304268 122756 122756 ALLOCATED SERVICE EXPENSE -176094 -176094 PASS-THROUGH SERVICE EXPENSE -5503 -5503 BAD DEBT RESERVE 54829 -14294 69123 RECRUITMENT & TEMP PERSONNEL 195370 122249 72731 390 120090 20691 96936 2463 20940463 15390352 4944883 605228 442592 70826 4157611 3832613 4839642 4679764 1279198 468572 0 0 0 0 0 0 0 0 110470 201565 5583331 5451469 432180 131862 0 0 0 0 0 0 0 0 628430 681341 11890123 10066543 4196342 2230311 0 0 0 0 0 0 0 0 0 0 723765 466067 0 0 0 189375 4920107 2885753 X 6530297 5938874 439719 1241916 0 0 6970016 7180790 11890123 10066543 210774 X false true X true true true X 44758522 45345652 34057400 31804565 19738088 175704227 0 0 44758522 45345652 34057400 31804565 19738088 175704227 0 175704227 18815 628 313 256 5038 25050 0 1913655 1563883 1896237 1621246 1362260 8357281 184086558 696970 0.95447 0.96165 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 66930 66930 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 1446490 2530 3494304 3382633 111671 640007 622346 17661 131862 DUE FROM AFFILIATE 547154 SECURITY DEPOSIT 134187 681341 0 REFUNDABLE CONTRACT ADVANCES 61269 OTHER LIABILITIES 128106 189375 21318740 167503 167503 21151237 21151237 21107966 167503 167503 20940463 20940463 PART X, LINE 2: SEEDCO 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. HISTORICALLY, SEEDCO HAS NEVER GENERATED SUCH INCOME. THE TAX YEARS ENDING 2010, 2011, 2012 AND 2013 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. true PORTER-LEATH (CHILDREN'S BUREAU INC) 868 North Manassas ST MEMPHIS TN 38107 581409385 501(C)(3) 1494933 Workforce DEV./ Bridges USA Inc 477 NORTH 5TH STREET MEMPHIS TN 38105 237081488 501(C)(3) 1395300 WORKFORCE TENNESSEE COMMUNITY SERVICES AGENCY 1604 W REELFOOT AVE UNION CITY TN 38261 621413010 918855 WORKFORCE Kairos Services Inc 3523 Lamar Avenue Memphis TN 38118 263502542 501(C)(3) 885008 WORKFORCE Northern Manhattan Improvement Corp 76 Wadsworth Avenue NEW YORK NY 10033 132972415 501(C)(3) 575591 Workforce Dev./ BronxWorks Inc 60 East Tremont Bronx NY 10453 133254484 501(C)(3) 405881 Workforce Dev./ ST NICKS ALLIANCE 2 Kingsland AVE 1st FL Brooklyn NY 11211 510192170 501(C)(3) 352296 ASSET BUILDING STRIVE INC (E HARLEM EMPLOYMENT SVCS INC) 240 E 123RD ST 3RD FL NEW YORK NY 10035 133255679 501(C)(3) 348252 WORKFORCE Eastern Shore Area Health Education Center Inc 814 Chesapeake Drive Cambridge MA 21613 521987075 501(C)(3) 172375 ASSET BUILDING Harford Community Action Agency Inc 1321-B Woodbridge Station Way Edgewood MD 21040 521306096 501(C)(3) 80213 ASSET BUILDING Triangle Health Alliance PO Box 797 677 East Pulaski HIGHWA Elkton MD 21921 010789341 72317 ASSET BUILDING Exchange Club Family Center 139 THOMSPON LANE NASHVILLE TN 37211 621237360 501(C)(3) 70162 ASSET BUILDING Harford County Health Department 120 South Hays Street Bel Air MD 21014 522048225 61854 ASSET Associated Catholic Charities 1966 Greenspring DR SUITE 200 Timoninum MD 21093 520591538 501(C)(3) 59891 ASSET BUILDING Quality Med-Care Inc 3179 Maple Drive Atlanta GA 30305 582082608 57009 ASSET BUILDING CAMBA Inc 1720 CHURCH AVENUE BROOKLYN NY 11226 112480339 501(C)(3) 56500 WORKFORCE DEV./ Parent to Parent of Georgia Inc 3070 Presidential Parkway STE 130 Atlanta GA 30340 581545706 501(C)(3) 55016 ASSET BUILDING The Health Initiative Inc 1530 DeKalb Avenue Atlanta GA 30307 582271500 501(C)(3) 53519 ASSET BUILDING Job Opportunities Task Force 111 Water Street Baltimore MD 21202 522278450 501(C)(3) 47462 ASSET BUILDING Knoxville Area Project Access 115 Suburban Road Knoxville TN 37923 621458199 501(C)(3) 42207 ASSET BUILDING The Community College of Baltimore County 800 South Rolling Road Bldg R Roo Baltimore MD 21228 521977456 38719 ASSET BUILDING Memphis Area Legal Services 109 N MAIN ST 2ND FL MEMPHIS TN 38103 620841436 501(C)(3) 37374 ASSET BUILDING Grady Memorial Hospital Corporation 80 Jesse Hill Junior Drive SE Atlanta GA 30303 262037695 501(C)(3) 36281 ASSET BUILDING Choptank Community Health System Inc 301 Randolph Street Denton MD 21629 521116591 501(C)(3) 35982 ASSET BUILDING Paraprofessional Healthcare Institute 349 E 149th St 5th Fl BRONX NY 10451 133575492 501(C)(3) 33000 WORKFORCE Families of Incarcerated Individuals Inc 915 E McLemore Ave Ste 201 Memphis TN 38106 581982435 501(C)(3) 30000 ASSET BUILDING Anne Arundel PTNRSHP for Children Youth &FAMILIES 1 Harry S Truman St STE 103 Annapolis MD 21404 526000878 28632 ASSET BUILDING NAT'AL MENTAL HEALTH ASSOC OF Georgia Inc 100 Edgewood Ave Ste 502 Atlanta GA 30303 580611310 501(C)(3) 28354 ASSET BUILDING Family & Children's Service 201 23rd Ave North Nashville TN 37203 620499284 501(C)(3) 28071 ASSET BUILDING Medical Foundation of Chattanooga Inc 1917 East Third St Chattanooga TN 37404 581696660 501(C)(3) 27877 ASSET BUILDING Bon Secours of Maryland Foundation Inc 26 North Fulton Ave Baltimore MD 21223 521732800 501(C)(3) 27766 ASSET BUILDING Appalachian Mountain Project Access 809 S Roan Street Johnson City TN 37601 262102040 501(C)(3) 26791 ASSET BUILDING Spring Creek Health Cooperative 304 W Pine St PO Box 357 Colquitt GA 39837 300187514 501(C)(3) 25204 ASSET BUILDING Healthy Mothers Healthy Babies COALITION OF GA 3521 W Belvedere AVE Baltimore MD 21215 581440585 501(C)(3) 24821 ASSET BUILDING Jewish Family and Career Services Inc 4549 Chamblee Dunwoody RD Atlanta GA 30338 581479212 501(C)(3) 24605 ASSET BUILDING Arundel House of Hope INC 514 N CRAIN HIGHWAY GLEN BURNIE MD 21061 521993704 501(C)(3) 23939 ASSET BUILDING THE HAMPDEN FAMILY CENTER INC 1104 W 36TH STREET BALTIMORE MD 21211 521911153 501(C)(3) 22000 ASSET BUILDING Cecil County Health Department 401 Bow St Elkton MD 21921 526002033 20671 ASSET BUILDING Cypress Hills Local Development Corp 625 Jamaica Ave Brooklyn NY 11208 112683663 501(C)(3) 19010 WORKFORCE DEV./ The Center for Working Families Inc 447 Windsor St STE 304 Atlanta GA 30312 432071145 501(C)(3) 18855 ASSET BUILDING Center for Pan Asian Community Services Inc 3510 Shallowford RD NE Atlanta GA 30341 581437980 501(C)(3) 18750 ASSET BUILDING Chinese-American Planning Council 150 Elizabeth ST NEW YORK NY 10012 136202692 501(C)(3) 17426 WORKFORCE Latin American Association Inc 2750 Buford Highway Atlanta GA 30324 581237316 501(C)(3) 17165 ASSET BUILDING THE CENTER OF HELP INC 1906 FOREST DRIVE ANNAPOLIS MD 21401 522282782 501(C)(3) 14948 ASSET BUILDING Boat People SOS ATLANTA 6107 OAKBROOK PARKWAY NORCROSS GA 30093 300737900 501(C)(3) 14948 ASSET BUILDING Gay Men's Health Crisis Inc 446 West 33rd St New York NY 10001 133130146 501(c)(3) 14735 ASSET BUILDING Georgians for a Healthy Future Inc 100 Edgewood Ave NE 815 Atlanta GA 30303 263695851 501(C)(3) 14191 ASSET BUILDING Council of People's Organization Inc 1081 Coney Island Ave BROOKLYN NY 11230 753046891 501(C)(3) 13835 ASSET BUILDING East River Develop Alliance Inc DBA URBAN UPBOUND 12-11 40th Ave LONG ISLAND CITY NY 11101 861096987 501(C)(3) 13758 ASSET BUILDING Georgia Refugee Health and Mental Health Inc 4617 Waterford COURT Atlanta GA 30338 901022655 10617 ASSET BUILDING Center for Black Women's Wellness 477 Windsor St Ste 309 Atlanta GA 30312 582212203 501(C)(3) 7452 ASSET BUILDING Food Bank for New York City 39 Broadway 10th Fl NEW YORK NY 10006 133179546 501(C)(3) 5952 ASSET BUILDING Georgia Watch 55 Marietta St NW Ste 903 Atlanta GA 30303 161639971 501(C)(3) 5355 ASSET BUILDING 45 8 Participant Transportation - TN Workforce Prog. 8436 1488000 MARKET VALUE Trans. Subsidies Participant Incentives FOR NY Asset Building Prog. 5 6560 MARKET VALUE Trans. Subsidies Participant Payments FOR TN Workforce Program 103 35433 MARKET VALUE MED/Trans Subsidies Participant Incentives FOR NY Workforce Programs 1519 443512 147332 MARKET VALUE Trans Sub/GIFT CARDS Participant Incentives for National Asset Programs 160 92403 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 false false false false false false false false true false BARBARA DWYER GUNN CEO/PRESIDENT 311731 0 0 0 0 0 42657 0 63905 0 418293 0 0 0 BENJAMIN THOMASES SENIOR VICE PRESIDENT PROGRAMS 154546 0 0 0 0 0 5903 0 31682 0 192131 0 0 0 LISA POTE SR VICE PRESIDENT 145117 0 0 0 0 0 6000 0 29749 0 180866 0 0 0 RONALD KIRK VP BUDGETS & CONTR./CONTROLLER 127531 0 0 0 0 0 5262 0 26144 0 158937 0 0 0 WILLIAM WHITE 313-1113 GENERAL COUNSEL 125417 0 0 0 0 0 0 0 25710 0 151127 0 0 0 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 AND SUBSEQUENTLY INCREASED TO $300,000 IN MARCH 2013 AT THE DIRECTION OF THE BOARD OF DIRECTORS. - 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. THE EMPLOYER CONTRIBUTION TO THE 401(A) WAS REDUCED TO 4% EFFECTIVE JULY 1, 2012. - 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 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 OF ALL STAFF OF THE ORGANIZATION. COMPENSATION 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. 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. NON-PROFIT ASSISTANCE CORPORATION 22 CORTLANDT STREET 33RD FLOOR NEW YORK NY 10007 133952047 DEVELOPMENT NY 501(C)(3) 9 false false false false true false false false false false false true false true true false true false false