Structured Employment Economic Development Corporation
Donations deductibleRevenue
$5.8m
year to 31 December 2024
Expenses
$6.1m
year to 31 December 2024
Total assets
$2.5m
$5.1m liabilities
Net assets
Minus $2.6m
assets less liabilities
Directors and trustees
5
7.6 years on average
Staff
48
5 volunteers
Chair observed
≥2 yrs
Walter Mack Esq
Left since last filing
0
no seats appear to have opened
Structured Employment Economic Development Corporation's network
5 people2 organisationsi5 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (5). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
5 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 5 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Walter Mack ESQ Chair (also filed as Walter Mack Esq) | Chair | 2022 | 4 yrs |
| Angel Audiffred | Company secretary | 2018 | 8 yrs |
| George A Pruitt | Member | 2018 | 8 yrs |
| Lizanne Stephenson | Vice Chair | 2018 | 8 yrs |
| Wilfred Renta | Treasurer | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
19 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| David Collymore | CMO | since 2019 |
| David Glasel | Clo (Through 6/30/18) | 2018 |
| Honorable Hector Diaz | President (Through 1/31/19) | since 2018 |
| Jose A Rodriguez | Clo (From 7/1/18) | since 2018 |
| Jose R Rodriguez | Clo | since 2019 |
| Keith Rasmussen | Managing Director | since 2018 |
| Lymaris Albors | EVP/Chief of Staff | since 2018 |
| Mark Romaninsky | Senior Director | since 2022 |
| Marla Smith Brown | Senior Director | 2023 |
| Marla Smith-Brown | Senior Director | 2022 |
| Milton Derienzo | EVP/Chief Financial Officer | since 2018 |
| Maria Del Carmen Arroyo | SVP of Administration | since 2018 |
| Pamela Mattel | COO (Through 6/30/18) | 2018 |
| Raul Rassi | President | 2023 |
| Raul Russi | President | since 2018 |
| Ronin Davis | Senior Director | 2022 |
| Steve Kadin | SVP of Finance | 2018 |
| Tara Colton | EXECUTIVE DIRECTOR (Term) | since 2018 |
| Vicky Gatell | Chief Financial Officer | since 2022 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Keith Rasmussen | Executive Director | 35 | $208k | $636 | |
| Mark Romaninsky | Senior Director | 35 | $109k | $36k | |
| Raul Russi | President | 0 | $0 | $897k | $102k |
| Lymaris Albors | Chief Executive Officer | 0 | $0 | $837k | $56k |
| Jose A Rodriguez | Chief Legal Officer/ Exec VP | 0 | $0 | $562k | $30k |
| Vicky Gatell | Chief Financial Officer | 0 | $0 | $442k | $47k |
| Walter Mack Esq | Chair | 1 | $0 | ||
| Lizanne Stephenson | Vice Chair | 1 | $0 | ||
| Angel Audiffred | Secretary | 1 | $0 | ||
| Wilfred Renta | Treasurer | 1 | $0 | ||
| George A Pruitt | Member | 1 | $0 |
About
- Legal name
- Structured Employment Economic Development Corporation
- EIN
- 132875743
- Address
- 311 E 175th St, Bronx, NY, 10457-5859
- State
- New York
- Mission
- Structured employment economic development corporations (seedco) mission is to advance economic opportunity for people, businesses, and communities in need as such, seedco designs and implements innovative programs and services that benefit workers, families, and businesses across the country each year, seedco supports communities through two core program portfolios 1) workforce development... (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 1976
- Principal officer
- Raul Russi (as named on the Form 990)
- IRS ruling date
- 1 January 1977
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedHousing1068 Franklin Avenue Housing DevelopmentRelatedHousing1675 Westchester Avenue Housing DevelopmRelatedHousing414-418 East 119th Street Greenhope HousRelatedSenior Servic607 Concord Avenue Housing Development F
Longest observed on the filings
≥8years on the filingsAngel Audiffred
≥8years on the filingsGeorge A Pruitt
≥8years on the filingsLizanne Stephenson
≥8years on the filingsWilfred Renta
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $2.5m
- Total liabilities
- $5.1m
- Net assets or fund balances
- Minus $2.6m
- Contributions and grants received
- $5.7m
- Program service revenue
- $0
- Grants and similar paid out
- $941k
- Employees
- 48
- Volunteers
- 5
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $5.8m | $6.1m | Deficit $338k |
As filed on the IRS Form 990. US dollars.
Grants paid
12 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Cash Campaign of Maryland Inc | Work & family | $95k |
| Union Hospital of Cecil County | Work & family | $56k |
| Interfaith Service Coalition Of Hancock Maryland | Work & family | $55k |
| Asylee Women Enterprise | Work & family | $45k |
| Chesapeake Multi-Cultural CTR RESOURCE CTR | Work & family | $42k |
| Paul's Place Inc | Work & family | $37k |
| Eastern Shore Area Health Education Center | Work & family | $25k |
| Franciscan Center | Work & family | $22k |
| Humanim | Work & family | $12k |
| Bon Secours Community Works | Work & family | $11k |
| Shepherd's Clinic | Work & family | $10k |
| People Encouraging People | Work & family | $7k |
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Structured Employment Economic Development Corporation likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: New York Department of State, active corporations (data.ny.gov n9v6-gdp6). Licence: New York open data terms of use. Data last fetched 18 October 2026.
- State
- New York
- Entity type
- Foreign Not-For-Profit Corporation
- Status
- Active
- Formed
- 28 February 1977
- Registered agent
- Not stated