STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION (EIN 13-2875743)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-11
IRS object ID: 201143159349303444
Schema version: 2010v3.4
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule I
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-11T16:20:07-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	666 THIRD AVENUE	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	100174011	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	132875743	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT	BusinessNameLine1
Business Name Line2	CORPORATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	STRU	NameControl
Phone	2124730255	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	915 BROADWAY 17TH FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10010	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	blah	Name
Title	blah	Title
Date Signed	2010-10-10	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	2125429609	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Barbara Dwyer Gunn PRESIDENT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	915 BROADWAY 17TH FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10010	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	47336501	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.SEEDCO.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1976	YearFormation
State Legal Domicile	NY	StateLegalDomicile
Activity Or Mission Description	Seedco helps 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 Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	335	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	44758522	ContributionsGrantsPriorYear
Contributions Grants Current Year	45345652	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	68587	ProgramServiceRevenuePriorYear
Program Service Revenue CY	12998	ProgramServiceRevenueCY
Investment Income Prior Year	13987	InvestmentIncomePriorYear
Investment Income Current Year	628	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1913655	OtherRevenuePriorYear
Other Revenue Current Year	1977223	OtherRevenueCurrentYear
Total Revenue Prior Year	46754751	TotalRevenuePriorYear
Total Revenue Current Year	47336501	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	27747609	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	27921274	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	11929721	SalariesEtcPriorYear
Salaries Etc Current Year	12814693	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	68775	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	469304	TotalFundrsngExpCurrentYear
Other Expense Prior Year	5873923	OtherExpensePriorYear
Other Expenses Current Year	6572209	OtherExpensesCurrentYear
Total Expenses Prior Year	45620028	TotalExpensesPriorYear
Total Expenses Current Year	47308176	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1134723	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	28325	RevenuesLessExpensesCY
Total Assets BOY	18617633	TotalAssetsBOY
Total Assets EOY	16341473	TotalAssetsEOY
Total Liabilities BOY	13246911	TotalLiabilitiesBOY
Total Liabilities EOY	10942426	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	5370722	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	5399047	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	SEEDCO, STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION, IS A NATIONAL COMMUNITY DEVELOPMENT ORGANIZATION THAT WORKS WITH LOCAL NONPROFITS TO CREATE ECONOMIC OPPORTUNITIES FOR JOB SEEKERS, WORKERS, AND SMALL BUSINESS OWNERS IN DISADVANTAGED COMMUNITIES. THROUGH INNOVATIVE PROGRAMS, FINANCIAL ASSISTANCE, AND TECHNICAL SUPPORT, SEEDCO PROMOTES ECONOMIC DEVELOPMENT AND STRENGTHENS COMMUNITY-BASED NONPROFIT ORGANIZATIONS. SEEDCO'S PROGRAMS ARE DESIGNED TO: 1) SUPPORT LOW-INCOME JOB SEEKERS TO FIND AND SECURE EMPLOYMENT AND ACCESS SUPPORTS AND BENEFITS SUCH AS FOOD STAMPS AND THE EARNED INCOME TAX CREDIT AND 2) HELP LOW-INCOME WORKERS ACHIEVE FINANCIAL SECURITY AND CAREER ADVANCEMENT BY INCREASING THEIR EARNINGS AND BUILDING THEIR SKILLS AND ASSETS. SEEDCO ALSO ASSISTS SMALL BUSINESSES BY PROVIDING BUSINESS PLANNING, MARKETING ASSISTANCE, ACCESS TO FINANCING, AND OTHER SERVICES. SEEDCO DEVELOPS NEW AND INNOVATIVE PROGRAM MODELS FROM EVIDENCE-BASED RESEARCH AND ON-THE-GROUND EXPERIENC	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	23509727	Expense
Grants	17116927	Grants
Revenue	0	Revenue
Description	Workforce Development: Seedco provides career counseling and job readiness training to more than 70,000 disadvantaged job seekers and helps more than 20,000 individuals to gain employment each year. Seedco's workforce development programs provide a continuum of job placement, retention, and career advancement services to a wide range of job seekers and workers. We tailor these services to best meet the needs of hard-to-serve populations - such as long-term public assistance recipients, noncustodial parents, and those with low literacy levels and other barriers to employment. Additionally, Seedco designs and operates its workforce development programs to effectively work with job seekers and employers alike. We do this by leveraging all available resources, including those of our community-based and government partners. Central to this strategy is 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

Field	Value	IRS element (for citing)
Expense	14291856	Expense
Grants	10168096	Grants
Revenue	12998	Revenue
Description	Asset Building: Seedco's Asset Building efforts link low-wage workers and their families to public benefits and work supports, counseling services, and cash payments that have a proven impact on long-term job retention and financial security. Asset Building is comprised of three key programs: 1) their model work supports program, EarnBenefits; 2) their National Housing Counseling Network; and 3) OpportunityNYC, New York City's conditional cash transfer pilot program. EarnBenefits connects workers to benefits such as Food Stamps, the Earned Income Tax Credit, and subsidized health insurance through an online application system combined with case management services in five cities around the country. Seedco provides Housing Counseling services through a network of 43 affiliates in 13 states and Washington D.C., offering pre- and post-purchase counseling, rental assistance, and assistance for the homeless. In New York City, Seedco has partnered with Mayor Michael Bloomberg's Center for Economic Opportunity to implement Opportunity NYC, a program that provides monetary incentives to households and workers living in poverty when they complete activities aimed at breaking the cycle of poverty. Since 2005, SEEDCO has helped 51,000 working individuals and families secure recipt of more than $71 million in work support and government benefits.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	2377312	Expense
Grants	636249	Grants
Revenue	0	Revenue
Description	Other Core Programs: Small Business Assistance - In New York City, Seedco helps small businesses start up and expand through a variety of services, including financial assistance, business planning, and referrals for professional services. Seedco's small business efforts largely occur at the New York City Business Solutions Centers in Upper and Lower Manhattan, funded by the New York City Department of Small Business Services. Technical Assistance - Seedco provides technical assistance and capacity building services to government agencies and programs, non-profit intermediaries, and faith- and community-based organizations. Some of Seedco's clients have included the U.S. Department of Labor, the Annie E. Casey Foundation, as well as the organizations in Seedco's community-based partnership networks in 13 states around the country.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	40178895	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	true	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	42	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	335	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	DE	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	GA	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	MD	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NY	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	TN	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	PAUL SCHUCHERT	NamePerson
Telephone Number	2124730255	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	915 BROADWAY 17TH FLOOR	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10010	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (19 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
George A Pruitt
Chairperson	1.0	X	X	4500	0	0
Lilliam Barrios-Paoli
Vice Chairperson	1.0	X	X	0	0	0
Judith G Clabes
Secretary	1.0	X	X	2900	0	0
Stanley Brezenoff
Board Member	1.0	X		0	0	0
Maurice L Coleman
Board Member	1.0	X		3500	0	0
Paul R Franke III
treasurer	1.0	X	X	3500	0	0
Robert P Giloth
Board Member	1.0	X		0	0	0
Mitchell Gordon
Board Member	1.0	X		0	0	0
Demetra Smith Nightingale
Board Member	1.0	X		3500	0	0
Sandra L Phillips
Board Member	1.0	X		2600	0	0
Julie Hertzog
CFO/Execut. VP (thru 09/15/10)	35.0		X	143408	0	17025
Barbara dwyer Gunn
Pres./CEO/Non-Voting member	35.0		X	266666	0	0
paul schuchert
cfo	35.0		X	71074	0	300
Solomon Malach
General Counsel	35.0			151149	0	24910	X
Gail Quan
Senior VP - HR/Admin	35.0			147540	0	14905	X
Tammy Folk
Controller	35.0			141682	0	15094	X
Laura Seidel
Senior VP of Memphis	35.0			137968	0	27997	X
Diane Baillargeon
Fmr President (thru 03/28/10)	35.0			176707	0	13795	X
William Grinker
Former Secretary of the Board				0	149786	14140		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	1256694	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	149786	TotalReportableCompFrmRltdOrgs
Total Other Compensation	128166	TotalOtherCompensation
Number Individuals GT100 K	11	NumberIndividualsGT100K
Formers Listed	true	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
ZOTECA INC
64 BEAVER STREET SUITE 195	NEW YORK	NY	10004	Software Consultant	565589
Accenture LLP
PO Box 70629	CHICAGO	IL	60673	Fin Modeling Consult	152700
Conservation Services Group Inc
BOA Lockbox Services	DORCHESTER	MA	02125	Training Services	127809
GRANT THORNTON LLP
33570 TREASURY CENTER	CHICAGO	IL	60694	Financial Auditors	101996

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	4	NumberOfContractorsGT100K
Government Grants	32102676	GovernmentGrants
All Other Contributions	13242976	AllOtherContributions
Total Contributions	45345652	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	PROGRAM/PROCESSING FEES	Description
Business Code	900099	BusinessCode
Total Revenue Column	12998	TotalRevenueColumn
Related Or Exempt Function Income	12998	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	12998	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	628	TotalRevenueColumn
Exclusion	$628	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	ExclusionExclusionAmount
MANAGEMENT FEES FROM SFS	900099	1288347	$1,288,347
REFUNDED GRANTS	900099	413340	$413,340
PY ACCRUED EXPENSE WRITE OFF	900099	265209	$265,209

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	10327	TotalRevenueColumn
Exclusion	$10,327	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	1977223	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	47336501	TotalRevenueColumn
Related Or Exempt Function Income	12998	RelatedOrExemptFunctionIncome
Exclusion	$1,977,851	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	16162962	Total
Program Services	16162962	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	11758312	Total
Program Services	11758312	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	549042	Total
Program Services	378839	ProgramServices
Management And General	153732	ManagementAndGeneral
Fundraising	16471	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	10012972	Total
Program Services	6929396	ProgramServices
Management And General	2807434	ManagementAndGeneral
Fundraising	276142	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	444139	Total
Program Services	308228	ProgramServices
Management And General	123934	ManagementAndGeneral
Fundraising	11977	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	928288	Total
Program Services	644223	ProgramServices
Management And General	259032	ManagementAndGeneral
Fundraising	25033	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	880252	Total
Program Services	610887	ProgramServices
Management And General	245628	ManagementAndGeneral
Fundraising	23737	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	28146	Total
Program Services	1048	ProgramServices
Management And General	27098	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	126452	Total
Program Services	4711	ProgramServices
Management And General	121741	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	40968	Total
Management And General	40968	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	1150591	Total
Program Services	657282	ProgramServices
Management And General	443221	ManagementAndGeneral
Fundraising	50088	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	121904	Total
Program Services	108363	ProgramServices
Management And General	12636	ManagementAndGeneral
Fundraising	905	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	691881	Total
Program Services	330530	ProgramServices
Management And General	359600	ManagementAndGeneral
Fundraising	1751	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	592287	Total
Program Services	272993	ProgramServices
Management And General	319294	ManagementAndGeneral
Fundraising	0	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1466560	Total
Program Services	742225	ProgramServices
Management And General	666169	ManagementAndGeneral
Fundraising	58166	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	245703	Total
Program Services	203044	ProgramServices
Management And General	41648	ManagementAndGeneral
Fundraising	1011	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	142183	Total
Program Services	119236	ProgramServices
Management And General	22947	ManagementAndGeneral
Fundraising	0	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	100787	Total
Program Services	0	ProgramServices
Management And General	100787	ManagementAndGeneral
Fundraising	0	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	591168	Total
Program Services	0	ProgramServices
Management And General	591168	ManagementAndGeneral
Fundraising	0	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	100557	Total
Program Services	9628	ProgramServices
Management And General	90929	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
RECRUITMENT & TEMP PERSONNEL	1088654	1034895	51336	2423
BAD DEBT EXPENSE	196701	196701	0	0
MEMBERSHIP DUES & SUBS.	83118	21688	61022	408
BOARD EXPENSES	35271	0	35271	0
MISCELLANEOUS	184215	98641	84382	1192

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	-414937	Total
Program Services	-414937	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	47308176	Total
Program Services	40178895	ProgramServices
Management And General	6659977	ManagementAndGeneral
Fundraising	469304	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	7042070	BOY
EOY	2154313	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	8810420	BOY
EOY	11481235	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	686184	BOY
EOY	624815	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	996	BOY
EOY	775	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	213570	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	5232013	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	3925551	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1351586	BOY
EOY	1306462	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	512807	BOY
EOY	773873	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	18617633	BOY
EOY	16341473	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3703106	BOY
EOY	3544248	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	3574328	BOY
EOY	711281	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1850000	BOY
EOY	2567420	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	4119477	BOY
EOY	4119477	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	13246911	BOY
EOY	10942426	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2801583	BOY
EOY	1931428	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2569139	BOY
EOY	3467619	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5370722	BOY
EOY	5399047	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	18617633	BOY
EOY	16341473	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	28325	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	10746135	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	24808436	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	39401615	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	44758522	CurrentTaxYearMinus1Year
Current Tax Year	43345652	CurrentTaxYear
Total	163060360	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	10746135	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	24808436	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	39401615	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	44758522	CurrentTaxYearMinus1Year
Current Tax Year	43345652	CurrentTaxYear
Total	163060360	Total

Field	Value	IRS element (for citing)
Public Support Total170	163060360	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	270111	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	287652	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	174889	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	15629	CurrentTaxYearMinus1Year
Current Tax Year	628	CurrentTaxYear
Total	748909	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	0	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1077781	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	602065	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1913655	CurrentTaxYearMinus1Year
Current Tax Year	1563883	CurrentTaxYear
Total	5157384	Total

Field	Value	IRS element (for citing)
Total Support	168966653	TotalSupport
Gross Receipts From Admissions Etc	1520525	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.96505	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.96612	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbying
Total Direct Lobbying		TotalDirectLobbying
Total Lobbying Expenditures		TotalLobbyingExpenditures
Other Exempt Purpose Expenditures		OtherExemptPurposeExpenditures
Total Exempt Purpose Expenditures		TotalExemptPurposeExpenditures
Lobbying Nontaxable		LobbyingNontaxableAmount
Grassroots Nontaxable		GrassrootsNontaxableAmount
Tot Lobbying Grassroot Minus Non Tx		TotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying Nontx		TotLobbyExpendMnsLobbyingNontx
Volunteers	false	Volunteers
Paid Staff Or Management	false	PaidStaffOrManagement
Media Advertisements	false	MediaAdvertisements
Mailings Members	false	MailingsMembers
Publications Or Broadcast	false	PublicationsOrBroadcast
Grants Other Organizations	false	GrantsOtherOrganizations
Direct Contact Legislators	false	DirectContactLegislators
Rallies Demonstrations	false	RalliesDemonstrations
Other Activities	true	OtherActivities
Other Activities	$40,968	OtherActivitiesAmount
Total Lobbying Expenditures IIB	40968	TotalLobbyingExpendituresIIB
Not Described In501c3	false	NotDescribedIn501c3
Form4720 Filed4912 Tax	false	Form4720Filed4912Tax

Form990 Schedule C Part IV Form990ScheduleCPartIV

Field	Value	IRS element (for citing)
Identifier	Schedule C, Lobbying Activities	Identifier
Explanation	Seedco does not undertake any active lobbying activities; however, it does pay a consulting firm to undertake lobbying initiatives on its behalf. For the year ending December 31, 2010, Seedco paid Capalino & Company $34,050 and Manatt Phelps $6,918 to lobby on behalf of Seedco on issues pertinent to its tax exempt mission.	Explanation

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amts		ArtPublicExhibitionAmts
Held Works Of Art Amts		HeldWorksOfArtAmts
Land		Land
Buildings		Buildings

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1449020	OtherCostOrOtherBasis
Depreciation	1208163	Depreciation
Book Value	240857	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3131785	OtherCostOrOtherBasis
Depreciation	2201579	Depreciation
Book Value	930206	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	651208	OtherCostOrOtherBasis
Depreciation	515809	Depreciation
Book Value	135399	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1306462	TotalOfBookValueLandBuildings
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	DUE TO SEEDCO FINANCIAL SERVICES	Description
Amount	$4,119,477	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	4119477	TotalOfAmounts
Total Revenue	47336501	TotalRevenue
Total Expenses	47308176	TotalExpenses
Excess Or Deficit For Year	28325	ExcessOrDeficitForYear
Excess Or Deficit Per FS	28325	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	46923161	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	46923161	RevenueSubtotal
Other Revenues Not Included	413340	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	413340	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	47336501	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	46894836	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	-413340	OtherExpensesIncluded
Expenses Not Rptd F990	-413340	ExpensesNotRptdF990
Expenses Subtotal	47308176	ExpensesSubtotal
Total Expenses Per Form990	47308176	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Fin 48	Part X	Seedco adopted guidance, under FASB ASC 740, "Income Taxes", that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement as of January 1, 2010. This pronouncement provides that the 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. 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. The tax years ending 2007, 2008, 2009 and 2010 are still open to audit for both federal and state purposes. The adoption of this guidance did not have an impact on the Seedco's consolidated financial statements as management believes that there are no uncertain tax positions within its financial statements.
Schedule D, Parts XI, XII & XIII - Reconciliation		Structured Employment Economic Development Corporation (SEEDCO) files a consolidated audited financial statement with its subsidiaries, N-PAC and Seedco Financial Services. SEEDCO's Part XI reconciliation reconciles back to SEEDCO's profit and loss data in the financial statements and does not take into account its subsidiary's data as each organization's financial operations are identified separately before consolidation.
Schedule D		Reconciliation of Revenue Part XII, Line 4b: Prior year granted funds refunded to SEEDCO: $413,340 Reconciliation of Expenses Part XIII, Line 2d: Prior year granted funds refunded to SEEDCO: ($413,340)

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable (105 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant
28TH Legislative District and Community Developmen
PO Box 4703	Chattanooga	TN	37405	621548179	501(c)3	11074	Asset Building
A Share Initiative Inc
5508 Citrus Boulevard	Harahan	LA	70123	202258602	501(c)3	23056	Asset Building
Ace Development Corp
215 Lakewood Way SW Suite 104B	Atlanta	GA	30315	582233471	501(c)3	18310	Asset Building
Air Seal Insulation Systems
234 6th Street	Brooklyn	NY	11215	010798129		8093	Workforce Development
Alabama A&M University Comm Development Corp
117 Wholesale Avenue	Huntsville	AL	35811	311659380	501(c)3	15407	Asset Building
Asian American Resource Foundation Inc
2855 Rolling Pin Lane	Suwanee	GA	30024	582321987	501(c)3	30000	Asset Building
Associated Catholic Charities
1966 Greenspring Drive Suite 200	Timoninum	MD	21093	520591538	501(c)3	72675	Asset Building
Association for Energy Affordability
105 Bruckner Boulevard	Bronx	NY	10454	133374285	501(c)3	22759	Workforce Development
Association House of Chicago
1116 North Kedzie Avenue	Chicago	IL	60651	362166961	501(c)3	10807	Asset Building
Atlanta Workforce Development Agency Board
818 Pollard Blvd	Atlanta	GA	30315	581336367	501(c)3	34000	Asset Building
Baltimore CASH Campaign
111 Water Street Suite 201	Baltimore	MD	21202	522278450	501(c)3	17236	Asset Building
Baltimore Health Care Access
201 E Baltimore Street Suite 1000	Baltimore	MD	21202	522017095	501(c)3	10000	Asset Building
Bedford Stuyvesant Restoration Corporation
1368 Fulton Street	Brooklyn	NY	11261	116083182		93891	Workforce Development
Belair-Edison Neighborhoods Inc
3412 Belair Road	Baltimore	MD	21213	521755185	501(c)3	37197	Asset Building
Binghampton Development Corporation
3000 Walnut Grove Road at Tillman	Memphis	TN	38111	200062075	501(c)3	15540	Asset Building
Birmingham Homeownership Center
4117 Second Ave South	Birmingham	AL	35222	320094219	501(c)3	56804	Asset Building
Bon Secours of Maryland Foundation Inc
26 North Fulton Avenue	Baltimore	MD	21223	521732800	501(c)3	56780	Asset Building
Borough of Manhattan Community College - Continuin
199 Chambers Street	New York	NY	10007	133224400		75000	Asset Building
Bridges USA Inc
477 North 5th Street	Memphis	TN	38105	237081488	501(c)3	1692801	Workforce Development
BronxWorks Inc
60 East Tremont	Bronx	NY	10453	133254484	501(c)3	890503	Workforce Development / Asset Building
Brooklyn Housing and Family Services
415 Albemarle Road	Brooklyn	NY	11218	112412584	501(c)3	198278	Asset Building
Brownsville Community Development Center
592 Rockaway Avenue	Brooklyn	NY	11212	112544630	501(c)3	114729	Asset Building
Canner City LLC
15 Garden Place	Brooklyn	NY	11201			5592	Workforce Development
Case Management
4041 Knight Arnold Road	Memphis	TN	38118	621434530	501(c)3	1844550	Workforce Development
Catholic Charities Brooklyn and Queens
191 Joralemon Street	Brooklyn	NY	11201	111687465		40000	Asset Building
Catholic Charities Community Services (Catholic Ch
1011 First Avenue	New York	NY	10022	135562185	501(c)3	115570	Asset Building
Catholic Charities of Archdiocese of Baltimore
320 Cathedral Street	Baltimore	MD	21201	520591538		55056	Asset Building
Catholic Charities of Spokane
12 East 5th Avenue	Spokane	WA	99202	910569880		40000	Asset Building
Catholic Charities of West Tennessee
1325 Jefferson Avenue	Memphis	TN	38104	621451404		7500	Asset Building
Century 21 Department Store
22 Cortlandt Street	New York	NY	10007	134144073		83306	Workforce Development
Chinese-American Planning Council Inc
150 Elizabeth Street	New York	NY	10012	136202692	501(c)3	505163	Workforce Development
Christ Community Health Services Inc
2595 Central Avenue	Memphis	TN	38104	621583270	501(c)3	39846	Asset Building
CAMBA Inc
1720 Church Avenue	Brooklyn	NY	11226	112480339	501(c)3	599385	Workforce Development / Asset Building
Community Development Council of Greater Memphis
1548 Poplar Avenue	Memphis	TN	38104	621514675	501(c)3	24419	Asset Building
Conservation Services Group
50 Washington Street Suite 3000	Westborough	MA	01581	043509945		127809	Technical Assistance
Cooperative Home Care Associates
349 E 149th Street 5	Bronx	NY	10451	133238142		150413	Workforce Development
Corporation to Develop Communities of Tampa Inc
1907 E Hillsborough Avenue	Tampa	FL	33610	593150608	501(c)3	58569	Asset Building
Cypress Hills Local Development Corp
625 Jamaica Avenue	Brooklyn	NY	11208	112683663	501(c)3	304890	Workforce Development / Asset Building
D&E A Financial Education & Training Institute
4820 Jonesboro Road	Forest Park	GA	30297	582515058	501(c)3	212926	Asset Building
Dominion Financial Management INC
660 Fitzhugh Blvd Suite 108	Smyrna	TN	37167	562140536	501(c)3	58105	Asset Building
Episcopal Community Development Inc
31 Mulberry Street	Newark	NJ	07102	223072251	501(c)3	93548	Asset Building
Exchange Club Family Center
139 Thomspon Lane	Nashville	TN	37211	621237360	501(c)3	65188	Asset Building
Families of Incarcerated Individuals Inc
1380 Poplar Avenue	Memphis	TN	38104	581982435	501(c)3	22945	Asset Building
Family Services Agency
628 W Broadway Suite 300	North Little Rock	AS	72114	710237511	501(c)3	17081	Asset Building
Fifth Ward Community Redevelopment Corp
PO Box 21502	Houston	TX	77226	760288037	501(c)3	49158	Asset Building
Financial Counselors of America
PO Box 111124	Memphis	TN	38111	621851924	501(c)3	62266	Asset Building
Five Guys New York LLC
156 Fifth Avenue Suite 1234	New York	NY	10010			24167	Workforce Development
Frayser Community Development Corp
3684 N Watkins	Memphis	TN	38127	582158058	501(c)3	34425	Asset Building
Gay Men's Health Crisis
119 West 24th Street 5th Floor	New York	NY	10011	133130146	501(c)3	261198	Workforce Development
Greater Deliverance Baptist Church
705 Joseph E Lowery Boulevard NW	Atlanta	GA	30318	580566245	501(c)3	7500	Asset Building
Groundwork Inc
595 Sutter Avenue	Brooklyn	NY	11207	731625176	501(c)3	107570	Asset Building
Hampden Family Center
1104 West 36th Street	Baltimore	MD	21211	521911153		43750	Asset Building
Harlem Congregations for Community Improvement In
2854 Frederick Douglas Blvd	New York	NY	10039	133516262	501(c)3	43363	Asset Building
Hellenic American Neighborhood Action Committee (H
29 West 45th Street 4th Floor	New York	NY	10036	112290832	501(c)3	84763	Workforce Development
Henry Street Settlement
265 Henry Street	New York	NY	10002	131562242	501(c)3	366622	Workforce Development
Highbridge Community Life Center Inc
979 Ogden Avenue	Bronx	NY	10452	133015539	501(c)3	331772	Workforce Development
Housing Conservation Coordinators Inc
777 Tenth Avenue	New York	NY	10019	510141489	501(c)3	33633	Asset Building
Humboldt Park Social
3051 W Armitage Ave	Chicago	IL	60647	363731388	501(c)3	10508	Asset Building
Impeccable Impression
45 Main Street Suite 311	Brooklyn	NY	11201			15393	Workforce Development
Interagency Council of Mental Retardation & Develo
150 West 30th Street 15th Floor	New York	NY	10001	132938951	501(c)3	7500	Workforce Development
Jenny Trim
4510 White Plains Road	Bronx	NY	10470			20296	Workforce Development
Job Opportunities Task Force
111 Water Street	Baltimore	MD	21202	522278450	501(c)3	82492	Asset Building
MANNA Inc
828 Evarts Street NE	Washington	DC	20018	521260698	501(c)3	12614	Asset Building
Memphis Area Legal Services
109 N Main Street 2nd Floor Clari	Memphis	TN	38103	620841436	501(c)3	235593	Asset Building
Memphis Housing Resource Center INC
2400 Poplar Avenue Suite 220	Memphis	TN	38112	621601035	501(c)3	41436	Asset Building
Near West Side Community Development Corp
216 South Hoyne Avenue	Chicago	IL	60612	363607203		13333	Asset Building
Neighborhood Housing Opportunities
1548 Poplar Avenue	Memphis	TN	38104	621368173	501(c)3	14425	Asset Building
Neighborhood Housing Services of Baltimore
819 Park Avenue	Baltimore	MD	21201	521007666		26955	Asset Building
New Heights Neighborhood Center Inc
216 Fort Washington Avenue 2nd Flo	New York	NY	10032	320039696	501(c)3	22173	Workforce Development
NEWSED Community Development Corp
1029 Santa Fe Drive	Denver	CO	80204	742275534	501(c)3	11325	Asset Building
Northern Manhattan Improvement Corp
76 Wadsworth Avenue	New York	NY	10033	132972415	501(c)3	531472	Workforce Development / Asset Building
Orange Mound Development Corp
2395 Park Avenue	Memphis	TN	38114	621507096	501(c)3	14630	Asset Building
Paraprofessional Healthcare Institute
349 East 149th Street 5th Floor	Bronx	NY	10451	133575492		67783	Workforce Development
People's Organization for Social Equality Inc
1034 31st Street	Kenner	LA	70062	721209712	501(c)3	22804	Asset Building
Phipps Community Development Corp
902 Broadway 13th Floor	New York	NY	10451	132707665	501(c)3	66990	Asset Building
Porter-Leath (Children's Bureau Inc)
868 North Manassas Street	Memphis	TN	38107	581409385	501(c)3	1727476	Workforce Development / Asset Building
Preferred Home Care of New York
1267 57th Street	Brooklyn	NY	11219			24022	Workforce Development
RDS Delivery
436 East 11th Street	New York	NY	10009	112325711		18377	Workforce Development
Ridgewood Bushwick Senior Citizens Council INC
555 Bushwick Avenue	Brooklyn	NY	11206	112453853	501(c)3	80079	Asset Building
River City Housing
610 S Fourth Street 701	Louisville	KY	40202	611229107		16000	Technical Assistance
Riverbay Corporation
2049 Bartow Avenue	Bronx	NY	10475	132571433		56332	Workforce Development
SEEDCO Financial Services Inc
915 Broadway 18th Floor	New York	NY	10010	593814814	501(c)3	273532	Community Entrepreneurship / Asset Building
Sheraton Brooklyn
228 Duffield Street	Brooklyn	NY	11201			47578	Workforce Development
Single Parent Alliance and Resource Center
4650 Jimmy Carter Blvd Suite 116B	Norcross	GA	30093	582605168	501(c)3	10000	Asset Building
Saint Vincent de Paul Society Inc
2050-C Chamblee Tucker Road	Atlanta	GA	30341	580967972	501(c)3	30100	Asset Building
Southeast Chicago Development Commission
2938 E 91st Street Suite 106	Chicago	IL	60617	363165936	501(c)3	13728	Asset Building
Southeast Community Development Corp
3700 Eastern Avenue	Baltimore	MD	21224	521034466	501(c)3	24067	Asset Building
Southeast Memphis Community Development Corp
3150 Lenox Park Blvd	Memphis	TN	38115	200565167	501(c)3	14706	Asset Building
St Nicholas Neighborhood Preservation Corp
11 Catherine Street	Brooklyn	NY	11211	510192170	501(c)3	476356	Workforce Development / Asset Building
Tennessee Community Services Agency
1604 West Reelfoot Avenue	Union City	TN	38261	621413010	501(c)3	1931831	Workforce Development
The Center for Working Families Inc
447 Windsor Street Suite 304	Atlanta	GA	30312	432071145	501(c)3	104539	Asset Building
The Community College of Baltimore County
800 South Rolling Road Bldg R Roo	Baltimore	MD	21228	521977456		33141	Asset Building
The Development Corporation of Northwest Baltimore
3521 West Belvedere Avenue	Baltimore	MD	21215	521585905	501(c)3	30497	Asset Building
The IMPACT Group
1255 Lakes Parkway Building 100 S	Lawrenceville	GA	30043	582055819	501(c)3	82777	Asset Building
The Sullivan Center
643-645 Dill Avenue SW	Atlanta	GA	30310	581641941	501(c)3	26250	Asset Building
The Works Incorporated
1471 Genesis Circle	Memphis	TN	38106	621751430	501(c)3	12350	Asset Building
Union Settlement Association Inc
237 E 104th Street	New York	NY	10029	131632530	501(c)3	135381	Workforce Development / Asset Building
University of Maryland Baltimore Foundation Inc
515 W Lombard Street 3rd Floor	Baltimore	MD	21201	311678679		38000	Asset Building
University Settlement Society of New York
184 Eldridge Street	New York	NY	10002	135562374	501(c)3	18885	Asset Building
Urban Health Plan
1065 Southern Boulevard	Bronx	NY	10459	237360305	501(c)3	106163	Asset Building
Urban Restoration Enhancement Corp
P O Box 73032	Baton Rouge	LA	70874	721223347	501(c)3	38375	Asset Building
West Jackson CDC
1060 J R Lynch Street	Jackson	MS	39201	581947657	501(c)3	14095	Asset Building
Westside Community Development Corp
P O Box 1969	Tuscaloosa	AL	35403	631188022		10952
Worcester East Side Community Development Corp
409 Shrewsbury Street	Worcester	MA	01604	043280116	501(c)3	25959	Asset Building
Young Adult Development in Action Inc
PO Box 638	Louisville	KY	40201	611374470		50000	Asset Building

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	78	TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations	27	TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	participant incentives for NY asset buliding progr	TypeOfGrant
Number Of Recipients	4159	NumberOfRecipients
Amount Of Cash Grant	5999913	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	schedule I- monitoring of grants	Identifier
Explanation	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.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	true	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	true	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Julie Hertzog
142958	0	0	0	450	0	10138	0	6887	0	160433	0	0	0
Solomon Malach
149091	0	0	0	2058	0	10844	0	14066	0	176059	0	0	0
Gail Quan
147540	0	0	0	0	0	10592	0	4313	0	162445	0	0	0
Tammy Folk
141682	0	0	0	0	0	10024	0	5070	0	156776	0	0	0
Laura Seidel
127705	0	10000	0	263	0	9416	0	18581	0	165965	0	0	0
Diane Baillargeon
165727	0	10000	0	980	0	11673	0	1248	0	189628	0	0	0
William Grinker
0	0	0	50000	0	99786	0	0	0	14140	0	163926	0	149786
Barbara dwyer Gunn
263102	0	0	0	3564	0	0	0	0	0	266666	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	Form 990, Schedule J, Line 4a	Identifier
Explanation	President, William Grinker separated from service from related organization, SEEDCO Financial Services in the year ending December 31, 2009. His final payment, including a bonus of $50,000, was made in the first paycheck after his retirement, January 15, 2010. Mr. Grinker, likewise, received a severance payment in 2010 in the amount $99,786. This payment has been reported in Schedule J, part II, column b(iii). Former President, Diane Baillargeon, ceased employment as President of SEEDCO on March 28th, 2010. Subsequent to that date, Ms. Baillargeon continued her employment relationship with SEEDCO as a Senior Policy Advisor. Ms. Baillargeon did not receive any severance payments. Chief Financial Officer, Julie Hertzog, separated from service as of September 15th, 2010. Ms. Hertzog did not receive any severance payments. Form 990, Schedule J, Line 7 Two individual reported on the Form 990, Part VII received bonuses in the year ending December 31, 2010. Former President, Diane Baillargeon, and Senior Vice President, Laura Seidel, received $10,000 bonuses that were determined by the Board of Directors based on exemplar performance. All bonuses were memorialized in the Board Minutes and the recipients were provided written documentation memorializing the issuance of the bonus.	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	ExplanationExplanation
FORM 990, PART VI, LINE 11	The Form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's financial department. A copy of the Form 990 was shared with all members of the Board of Directors in draft form via electronic mail. Once the audit committee of the Board approved the Form 990, it was electronically filed with the Internal Revenue Service.
FORM 990, PART VI, LINE 12	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 recuse 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, LINE 15	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 reviews and approves the salaries and bonuses 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, LINE 19	Seedco's expansive website contains a section reserved for financial statements under the About Seedco: Our Finances weblink. The organization's financial statements can be found here and there is a notation instructing the public that its governing documents and conflict of interest policy are available upon request by contacting info@seedco.org. The organization's Form 990 is available upon request at its headquarters and can be obtained on www.guidestar.org.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus	Business Name Line1DirectControllingEntityName/BusinessNameLine1
SEEDCO FINANCIAL SERVICES INC
915 BROADWAY	NEW YORK	NY	10010	593814814	FINANCING	NY	501(c)(3)	7	NA
NON-PROFIT ASSISTANCE CORP
915 BROADWAY	NEW YORK	NY	10010	133952047	workforce dev	NY	501(c)(3)	9	NA

Form990 Schedule R Part III Form990ScheduleRPartIII

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	EMPOWERMENT REINVESTMENT FUND LLC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	915 BROADWAY	AddressLine1
City	NEW YORK	City
State	NY	State
ZIP Code	10010	ZIPCode

Field	Value	IRS element (for citing)
EIN	043671771	EIN
Primary Activity	FINANCING	PrimaryActivity
Legal Domicile State	NY	LegalDomicileState

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	NA	BusinessNameLine1

Field	Value	IRS element (for citing)
Predominant Income Type	related	PredominantIncomeType
Share Of Total Income	709826	ShareOfTotalIncome
Share Of EOY Assets	1435967	ShareOfEOYAssets
Disproportionate Allocations	false	DisproportionateAllocations
Code V	$0	CodeVAmount
General Or Managing Partner	false	GeneralOrManagingPartner
Percentage Ownership	0.01000	PercentageOwnership

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	true	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	true	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	true	SharingOfFacilities
Sharing Of Paid Employees	true	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	true	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	true	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved
Seedco Financial Services
b	273532
Seedco Financial Services
E	1217420
Seedco Financial Services
P	1288347
NON PROFIT ASSISTANCE CORPORATION
M	108294
NON PROFIT ASSISTANCE CORPORATION
N	762652
NON Profit Assistance Corporation
P	414937