Structured Employment Economic Development Corporation
Structured Employment Economic Development Corporation, also known as Seedco, is a public charity based in the Bronx, New York. Founded in 1976, it advances economic opportunity through workforce development and work and family supports, and operates as both a direct-services provider and an intermediary that helps community-based organizations expand outreach and secure funding.
Structured Employment Economic Development Corporation at a glance
In short: Structured Employment Economic Development Corporation gave $417K across 12 grants in 2024 (avg $35K), mostly in Maryland. 33% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $417,377
- -13.3% vs 2023
- Grants made (2024)
- 12
- +9.1% vs 2023
- Average grant
- $34,781
- -20.6% vs 2023
- Median grant
- $30,914
- Total assets
- $2,537,263
- -2.8% vs 2023
- New grantees (estimate)
- 33% first-time grantees (4 of 12, 2024; small sample)
- Primary geography
- Maryland (87% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Structured Employment Economic Development Corporation
- Contact
Mailing address: 300 East 175Th Street, Bronx, NY 10457
Phone: (347) 649-3083
Website: https://seedco.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
7 open opportunities from Structured Employment Economic Development Corporation
Community Health Advocates (CHA) Grant
Structured Employment Economic Development Corporation
Amount
Varies
Deadline
Deadline not published
Empower Youth Employment Training Program
Structured Employment Economic Development Corporation
Amount
$754,825
Deadline
Deadline not published
Navigator Grant - Georgia and Tennessee
Structured Employment Economic Development Corporation
Amount
$3,600,000
Deadline
Deadline not published
Who Structured Employment Economic Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Cash Campaign of Maryland Inc ($95K). Together the top 10 received $401K.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 27 grants of 45 (60%).
Geographic Focus
Where this funder awards grants
Seedco’s website says it serves communities across Maryland, New York, Tennessee, Arkansas, Georgia, and Connecticut. Its 2024 grants went to recipients in Maryland and Delaware; 87% of grant dollars went to Maryland and 13% to Delaware.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
Cities
Is Structured Employment Economic Development Corporation open to new grantees?
33%
first-time grantees, 2024
In 2024, 4 of 12 grantees (33%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $20K; repeat grants $42K. How we count
Medians: $16K first-time, $41K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $398K (2022) to $1.3M (2019). In 2024 it made 12 grants totaling $417K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Cash Campaign of Maryland Inc Baltimore, MD | Work & Family | $95,095 |
| Union Hospital of Cecil County Wilmington, DE | Work & Family | $56,094 |
| Interfaith Service Coalition Of Hancock Maryland Kancock, MD | Work & Family | $55,293 |
| Asylee Women Enterprise Baltimore, MD | Work & Family | $45,400 |
| Chesapeake Multi-Cultural CTR RESOURCE CTR Easton, MD | Work & Family | $42,057 |
| Paul's Place Inc Baltimore, MD | Work & Family | $36,900 |
| Eastern Shore Area Health Education Center Cambridge, MD | Work & Family | $24,927 |
| Franciscan Center Baltimore, MD | Work & Family | $22,217 |
| Humanim Columbia, MD | Work & Family | $11,811 |
| Bon Secours Community Works Baltimore, MD | Work & Family | $10,918 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $2,537,263 | $5,765,424 | $6,102,936 | $417,377 | 12 | $124 |
| 2023 | $2,611,457 | $6,558,823 | $6,608,420 | $481,675 | 11 | $96 |
| 2022 | $4,105,153 | $6,324,471 | $6,763,930 | $398,129 | 8 | $80 |
| 2021 | $3,440,081 | $6,983,803 | $7,038,481 | $578,411 | 7 | $87 |
| 2020 | $2,398,993 | $7,509,147 | $7,320,347 | $928,774 | 7 | — |
| 2019 | $2,220,740 | $7,904,107 | $8,010,272 | $1,290,365 | 6 | — |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
Seedco’s stated mission is to advance economic opportunity for people, businesses, and communities in need. Its workforce programs use long-term career case management, career counseling, job-readiness training, and job placement to help people facing barriers to employment obtain, retain, and advance in jobs. The organization identifies non-custodial parents, out-of-school youth, and people with a history of criminal justice involvement among the populations its workforce services are tailored to support. Its other core portfolio, work and family supports, helps low-income families enroll in benefits and assistance programs and move toward self-sufficiency.
The 2024 filing lists grants with the purpose “WORK & FAMILY.” Recipients’ own descriptions show the range of organizations supported. For example, CASH Campaign of Maryland says it promotes economic advancement for low-to-moderate-income individuals and families; Asylee Women Enterprise describes supporting asylum seekers and other forced migrants; and Chesapeake Multicultural Resource Center says it empowers people from different cultures through services and information. Other 2024 recipients describe work in healthcare, emergency outreach, neighborhood support, and human services.
Grantmaking
In filing year 2024, Seedco reported 12 grants totaling $417,377. Grant amounts ranged from $6,971 to $95,095, with a median of $30,914.
Among the largest 2024 grants were $95,095 to CASH Campaign of Maryland, $56,094 to Union Hospital of Cecil County, $55,293 to Interfaith Service Coalition of Hancock Maryland, $45,400 to Asylee Women Enterprise, and $42,057 to Chesapeake Multicultural Resource Center. Each was reported with the purpose “WORK & FAMILY.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Raul Russi as president, Lymaris Albors as chief executive officer, Jose A. Rodriguez as chief legal officer and executive vice president, Vicky Gatell as chief financial officer, Keith Rasmussen as executive director, and Mark Romaninsky as senior director. It also lists Walter Mack Esq. as chair, Lizanne Stephenson as vice chair, Angel Audiffred as secretary, and Wilfred Renta as treasurer.
Structured Employment Economic Development Corporation is led by Lymaris Albors, Chief Executive Officer since 2022 (on filings since 2019); 2 of 11 officers listed in 2024 are compensated.
Officers on the 2024 filing
Lymaris Albors
Chief Executive Officer
Chief of Staff & COO → COO, 2020
COO → Chief Executive Officer, 2022
On filings since 2019
No compensation reported
Keith Rasmussen
Executive Director
Executive Director → Interim Executive Director, 2023
Interim Executive Director → Executive Director, 2024
On filings since 2019
35 hrs/week
$186K (2019) → $208K (2024)
Raul Russi
President
CEO & President → President, 2022
On filings since 2019
No compensation reported
Walter Mack Esq.
Chair
Member → Chair, 2021
On filings since 2019
1 hr/week
No compensation reported
Mark Romaninsky
Senior Director
On filings since 2022
35 hrs/week
$107K (2022) → $109K (2024)
Angel Audiffred
Secretary
Member → Secretary, 2021
On filings since 2019
1 hr/week
No compensation reported
George A. Pruitt
Member
On filings since 2019
1 hr/week
No compensation reported
Jose A. Rodriguez
Chief Legal Officer & Executive Vice President
Clo → Chief Legal Officer & Executive Vice President, 2022
On filings since 2019
No compensation reported
Lizanne Stephenson
Vice Chair
Member → Vice Chair & Member, 2021
Vice Chair & Member → Vice Chair, 2022
On filings since 2019
1 hr/week
No compensation reported
Wilfred Renta
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Vicky Gatell
Chief Financial Officer
CFO → Chief Financial Officer, 2022
On filings since 2021
No compensation reported
Former officers (15)
- Former: Marla Smith Brown (2023) — Senior Director
- Former: Marla Smith-Brown (2022) — Senior Director
- Former: Ronin Davis (2022) — Senior Director
- Former: David Collymore (2019–2021) — CMO
- Former: Maria del Carmen Arroyo (2021) — CAO
- Former: Eliezer Rodriguez Esq. (2019–2020) — Chair
- Former: Henry Comas (2019–2020) — Member
- Former: Maria Rivera (2019–2020) — Member
- Former: Milton Derienzo (2019–2020) — CFO
- Former: Tara Colton (2019–2020) — Executive Director
- Former: Carlos Laboy-Diaz (2019) — Member
- Former: Herman Strickland (2019) — Member
- Former: Honorable Hector Diaz (2019) — President
- Former: Lilliam Barrios-Paoli (2019) — Vice Chairman
- Former: Pamela Mattel (2019) — Former COO
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $208K, to Keith Rasmussen (Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Structured Employment Economic Development Corporation
How much does Structured Employment Economic Development Corporation give each year?
Structured Employment Economic Development Corporation gave $417K across 12 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $482K across 11 grants.
What is Structured Employment Economic Development Corporation's typical grant size?
Structured Employment Economic Development Corporation's median grant in 2024 was $30,914, and its average grant was $34,781, across 12 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Structured Employment Economic Development Corporation that year got $20K on average.
Where does Structured Employment Economic Development Corporation give grants?
Structured Employment Economic Development Corporation gives mostly in Maryland: 87% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Delaware (13%). The most frequent recipient cities were Baltimore, MD (6 grants).
Does Structured Employment Economic Development Corporation give general operating support?
Not in 2024: none of the 12 grants with a stated purpose on Structured Employment Economic Development Corporation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Work & Family" (12 grants).
Who are Structured Employment Economic Development Corporation's largest grantees?
Structured Employment Economic Development Corporation's largest 2024 grantees include Cash Campaign of Maryland Inc ($95,095), Union Hospital of Cecil County ($56,094) and Interfaith Service Coalition Of Hancock Maryland ($55,293), according to its 2024 IRS Form 990. Together they received 49% of its itemized 2024 grant dollars.
How large is Structured Employment Economic Development Corporation?
Structured Employment Economic Development Corporation reported $2.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.8M.
What does Structured Employment Economic Development Corporation fund?
Seedco’s stated mission is to advance economic opportunity for people, businesses, and communities in need. See mission & focus areas ↑
How do I apply for a grant from Structured Employment Economic Development Corporation?
Structured Employment Economic Development Corporation has no public application process in the sources Grantable reviewed. Check seedco.org for current guidelines, or contact the foundation directly before submitting a request.
What is Structured Employment Economic Development Corporation's EIN?
Structured Employment Economic Development Corporation's EIN (Employer Identification Number) is 13-2875743. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS January 15, 2021)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Structured Employment Economic Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Structured Employment Economic Development Corporation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Structured Employment Economic Development Corporation funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/structured-employment-economic-development-corporation-morg_37739e90e6e34f01aef2b0760459b7c4
BibTeX
@misc{grantable_132875743_2026,
author = {{Grantable}},
title = {{Structured Employment Economic Development Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/structured-employment-economic-development-corporation-morg_37739e90e6e34f01aef2b0760459b7c4},
note = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Structured Employment Economic Development Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Structured Employment Economic Development Corporation down — hundreds of funders to go?