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Structured Employment Economic Development Corporation

Bronx, NY · EIN 132875743 · Form 990 · FY2024 · NTEE S30 · Community Improvement · Medium ($1M-$10M) · seedco.org
revenue
$5.8M
expenses
$6.1M
net assets
$-2.6M
employees
48
volunteers
5
program ratio
83%
mission · from form 990

TO ADVANCE ECONOMIC OPPORTUNITY FOR PEOPLE, BUSINESSES, AND COMMUNITIES IN NEED.

profile · synthesized from sources

Seedco is a national nonprofit organization that advances economic opportunity for people and communities in need through workforce development and work-family supports. It operates in six states, offering career case management, job placement, and assistance with public benefits enrollment using its proprietary EarnBenefits Online tool. Seedco partners with local organizations and government agencies to deliver services tailored to community needs.

named programs · 4 · from sources

What they call their work

EarnBenefits Online (EBO)
Web-based software tool that screens low-income households for eligibility across multiple public benefits programs and assists with enrollment, used in Connecticut and other states.
Maryland Health Connection
Provides enrollment assistance for health and dental insurance through certified counselors who help individuals navigate plan options and determine eligibility for tax credits.
SNAP Outreach
Helps low-income individuals and families in the Baltimore area access Supplemental Nutrition Assistance Program benefits through outreach, eligibility screening, and application assistance, while addressing stigma and misinformation.
West Baltimore Career Pathways Collaborative
Engages local employers and service providers to establish career pathways for individuals reentering society after incarceration, focusing on manufacturing and construction sectors with training, case management, and job placement.
activities · 3 groups

What they do

  • Supportive and Emergency Housing Services 1 activity
    • Comprehensive support services for underserved communities
      Delivers long-term, individualized support integrating work and family needs to help individuals in underserved communities overcome crises, achieve stability, and plan for their futures. Serves more than 20,000 households annually through programs in New York City, Baltimore, Maryland, Tennessee, Georgia, Connecticut, Arkansas, Churchville, Elkton, Waldorf, and Salisbury.
  • Reentry Support Services 1 activity
    • Long-term career case management and workforce development
      Provides long-term career case management, training, and job placement services to individuals facing employment barriers, including those reentering society after incarceration, with a focus on sectors such as manufacturing and construction. Connects job participants with over 200 employer partners and delivers post-employment support to promote retention and advancement.
  • Public Benefits Navigation and Enrollment 1 activity
    • Public benefits enrollment assistance using EarnBenefits Online
      Helps low-income families enroll in public benefits such as SNAP, health insurance, and other assistance programs using its proprietary EarnBenefits Online (EBO) software. Enabled 219,000 households to access over $307 million in benefits since 2005, including state-specific implementations like Connecticut’s EBO launch in 2017 and ongoing support for Maryland Health Connection.
financials · form 990 · fy2024
revenue
Total revenue$5.77M
Contributions & grants$5.65M98%
Program service revenue$00%
Investment income$1240%
Other revenue$112K
expenses
Total expenses$6.10M
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$3.38M
Grants paid out$941K
Largest expense lineCompensation
balance sheet
Total assets$2.54M
Cash$62K
Investments$0
Liabilities$5.14M
Net assets$-2.60M
Liquid reserves0.1 mo
4 years on record · 2019–2024 · YoY revenue -12.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 6
NameTitleHours/wkCompensation
RAUL RUSSI PRESIDENT 0 $998K
LYMARIS ALBORS CHIEF EXECUTIVE OFFICER 0 $893K
JOSE A RODRIGUEZ CHIEF LEGAL OFFICER/ EXEC VP 0 $593K
VICKY GATELL CHIEF FINANCIAL OFFICER 0 $489K
KEITH RASMUSSEN EXECUTIVE DIRECTOR 35 $208K
MARK ROMANINSKY SENIOR DIRECTOR 35 $145K
board members · 5
  • ANGEL AUDIFFRED — SECRETARY
  • GEORGE A PRUITT — MEMBER
  • LIZANNE STEPHENSON — VICE CHAIR
  • WALTER MACK ESQ — CHAIR
  • WILFRED RENTA — TREASURER
relationships · 49

Who they work with

  • 100+ community-based partners Partner — Collaborates with over 100 community-based organizations to deliver services.
  • Acacia Network Network — Seedco became an affiliate of Acacia Network in 2017.
  • Acacia Network Partner — Local partner organization collaborating with Seedco on program delivery.
  • Acacia Network Partner — Longstanding affiliate organization rooted in New York City since 1969, with which Seedco builds upon to expand service capacity in low-income communities.
  • Acacia Network Partner — Seedco became an affiliate of Acacia Network in 2017, collaborating to expand workforce development and human services.
  • Arkansas Government — State where Seedco operates programs.
  • Baltimore Mayor’s Office of Human Services – ReEntry Division Partner — Local partner organization collaborating with Seedco on reentry services.
  • Baltimore Workforce Investment Board Partner — Partner in the West Baltimore Career Pathways Collaborative.
  • Baltimore Workforce Investment Board Partner — Workforce development partner collaborating with Seedco on employment programs.
  • Bon Secours Community Works Partner — Community development partner collaborating with Seedco on social services.
  • Bon Secours Community Works Partner — Key partner in outreach and service delivery for both SNAP Outreach and West Baltimore Career Pathways Collaborative programs.
  • BronxWorks Partner — Local nonprofit partner collaborating with Seedco on community services in the Bronx.
  • CASH Campaign of Maryland Partner — Collaborates on SNAP outreach, information dissemination, eligibility screenings, and application assistance.
  • CASH Campaign of Maryland Partner — Financial empowerment partner collaborating with Seedco on asset-building programs.
  • CHOP Tank Partner — Community health-focused partner collaborating with Seedco.
  • Center of Help Partner — Community service provider partnering with Seedco to support low-income individuals.
  • Centro de Ayuda Partner — Collaborates on SNAP outreach, eligibility screenings, and application assistance.
  • Connecticut Government — State where Seedco operates programs.
  • Connecticut Association for Human Services Partner — Collaborated to develop and launch a Connecticut-specific version of EarnBenefits Online.
  • Eastern Shore Area Health Education Center (ESAHEC) Partner — Health education partner collaborating with Seedco in the Eastern Shore region.
  • Funders Funder — Works with funders to address local community needs through targeted programming.
  • Georgia Government — State where Seedco operates programs.
  • Greater Memphis Alliance for a Competitive Workforce Partner — Workforce development coalition partnering with Seedco in Memphis.
  • Job Opportunities Task Force Partner — Nonprofit workforce partner collaborating with Seedco on job access programs.
  • Job Opportunities Task Force Partner — Partner in the West Baltimore Career Pathways Collaborative.
  • JobsFirstNYC Partner — New York City workforce development partner collaborating with Seedco.
  • MDRC Partner — Research and evaluation partner collaborating with Seedco on program effectiveness.
  • Maryland Government — State where Seedco operates programs.
  • Maryland Department of Public Safety & Correctional Services Government — State agency partner collaborating with Seedco on reentry and workforce programs.
  • Maryland Department of Public Safety & Correctional Services Partner — Partner in the West Baltimore Career Pathways Collaborative for reentry workforce development.
+ 19 more
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Culturally Competent, Trauma-Informed, and Technology-Enabled Benefits Access
    methodology: culturally-competent and trauma-informed care
    By combining culturally competent and trauma-informed outreach with technology-enabled tools, the organization increases access to public benefits because this approach reduces stigma, builds trust, and streamlines eligibility determination and enrollment.
  • Employer-Engaged Workforce Development Aligned with Labor Market Needs
    methodology: employer-engaged workforce development
    By co-designing workforce development programs with employers, the organization ensures training is aligned with real job opportunities and workplace demands, increasing employment success because it bridges the gap between skills and employer expectations.
  • Integrated Family Support Model Addressing Employment and Stability Jointly
    methodology: integrated-family-support
    By addressing employment and family stability together through long-term, individualized support, the organization improves economic mobility because these domains are interdependent in creating sustainable self-sufficiency.
  • Long-Term Career Case Management for Employment Advancement
    methodology: career_case_management
    By providing sustained, individualized career case management, the organization supports job acquisition, retention, and advancement because ongoing guidance addresses systemic barriers and promotes lasting employment stability.
  • Partnership-Integrated Service Delivery Leveraging Community Trust
    methodology: community-partnered service delivery
    By delivering services through partnerships with community-based organizations, the organization expands access to underserved populations because these partners provide trusted entry points and help fill service gaps in high-need areas.