Overview
What is Southeast Effective Development?
Southeast Effective Development, established in 1975, is a not-for-profit community development corporation situated in Seattle, Washington. The organization's mission involves investing in the future of Southeast Seattle by facilitating various social, economic, housing, and cultural programs within the community. They have a strong focus on revitalizing neighborhoods and business districts in the area. Since 1986, their Affordable Housing Program has been a significant component of their efforts, resulting in the redevelopment and construction of over 1,000 multi-family units. Utilizing federal housing tax credits, state tax-exempt bonds, and other public-private partnerships, they have increased the availability of decent and affordable housing for seniors, people with disabilities, and families and individuals with limited income. With a workforce of 18 employees, Southeast Effective Development continues to contribute positively to the Southeast Seattle community.
Official website here: www.seedseattle.org
Is Southeast Effective Development legitimate?
Southeast Effective Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Effective Development submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $285,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $920,316
For more financial information, click here
Official website here: www.seedseattle.org
What is the mission statement of Southeast Effective Development?
Southeast Effective Development, often referred to as SEED, is a not-for-profit community development corporation. Established in 1975, its primary goal is to invest in the future of communities by facilitating social, economic, housing, and cultural programs within these areas. SEED's mission is to strengthen and revitalize neighborhoods and business districts, working towards the betterment of its community. One of SEED's key initiatives is its Affordable Housing Program, which was launched in 1986 as part of a comprehensive approach to community revitalization. Since then, SEED has redeveloped and constructed over 1,000 units of multi-family housing, utilizing federal housing tax credits, state tax-exempt bonds, and other public-private partnerships. This has significantly increased the availability of decent, affordable housing for seniors, individuals with disabilities, and families or individuals with limited income.
Official website here: www.seedseattle.org
Who is the CEO of Southeast Effective Development?
Michael Seiwerath is the Executive Director of Southeast Effective Development.
Official website here: www.seedseattle.org
What is the revenue of Southeast Effective Development?
Southeast Effective Development's revenue in 2022 was $7,345,501.
Official website here: www.seedseattle.org
Who are the executives of Southeast Effective Development and what are their salaries?
The average compensation at Southeast Effective Development during 2022 was $66,998. There are 18 employees and 14 volunteers at Southeast Effective Development.
Here are 16 key members and their salaries:
- Michael Seiwerath (Executive Director)
- Joon Chang (Finance Director)
- Tonita Webb (President & Immediate Past President) [Trustee/Director]
- Damian Stack (Vice President & President) [Trustee/Director]
- Susanna Tran (Director & Vice President)
- Neal Luna Jd Secretary (Treasurer (Through March 2022)) [Trustee/Director]
- Carlos Ruiz (Director & Secretary/Treasurer)
- Gautham Acharya (Director)
- Evan Cantini Md (Director)
- Joseph Diehl (Director (Through January 2022))
- Daniel Gandara Jd (Director (Through July 2022))
- Krista Holland (Immediate Past President & Director)
- Sultan Mohamed (Director (Through February 2022))
- Pearl Nelson (Director)
- Ashwin Warrior (Director)
- Karen Wong (Director)
Official website here: www.seedseattle.org
Where can I find the form 990 for Southeast Effective Development?
The Southeast Effective Development’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.seedseattle.org
Learn more at the official website: www.seedseattle.org
Mission Statement of Southeast Effective Development
Southeast Effective Development, often referred to as SEED, is a community development corporation established in 1975. This not-for-profit organization invests in the future of various communities by facilitating social, economic, housing, and cultural programs. Its mission is to strengthen and revitalize the neighborhoods and business districts of Southeast Seattle, aiming to improve the overall quality of life for its residents.
SEED's approach to community development is comprehensive, encompassing various aspects of community well-being. It has a significant focus on affordable housing, as seen through its Affordable Housing Program, initiated in 1986. Since then, SEED has redeveloped and constructed over 1,000 units of multi-family housing, utilizing federal housing tax credits, state tax-exempt bonds, and other public/private partnerships. By doing so, SEED has increased the availability of decent, affordable housing for seniors, individuals with disabilities, and families/individuals with limited income, contributing to a more inclusive and equitable community.
Impact
This information is meant to be a general summary of Southeast Effective Development. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Southeast Effective Development (SEED) has had a significant impact in Southeast Seattle by investing in the future of the community through various programs. One of SEED's key contributions is in affordable housing, where they have redeveloped and constructed over 1,000 units of multi-family housing. This effort has increased the availability of decent affordable housing to seniors, people with disabilities, and families/individuals with limited income in the area. SEED's work has not only addressed the housing needs of the community but has also contributed to the overall social and economic development of Southeast Seattle.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$5,666,392
OTHER ART PROGRAM
Revenue
$43,243
MANAGEMENT FEE
Revenue
$36,885
ART MEMBERSHIP
Revenue
$26,835
Organization Details
Founding Year
1975
Phone
(206) 723-7333
Principal Officer
Michael Seiwerath
Main Address
5117 RAINIER AVE S, SEATTLE, WA, 98118
Website
www.seedseattle.org
NTEE Category
Code: S200 - Community improvement
If you are a representative of Southeast Effective Development and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.