Public Charity

SOUTHEAST EFFECTIVE DEVELOPMENT

SOUTHEAST EFFECTIVE DEVELOPMENT, of SEATTLE, WA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $15.9M in revenue, $16.0M in expenses, $75.1M in total assets. 52 publicly reported grants to this organization, totaling roughly $905K, appear in IRS filings.

EIN: 910947619 SEATTLE, WA Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$15.9M
Total Expenses$16.0M
Total Assets$75.1M
Grant Records52
Funding Total$905K
Filing Years2019–2024

Mission

SOUTHEAST EFFECTIVE DEVELOPMENT ("SEED") IS A NOT-FOR-PROFIT COMMUNITY DEVELOPMENT CORPORATION THAT INVESTS IN THE FUTURE OF SOUTHEAST SEATTLE BY FACILITATING SOCIAL, ECONOMIC, HOUSING AND CULTURAL PROGRAMS WITHIN THE COMMUNITY. FOUNDED IN 1975, SEED WORKS TO STRENGTHEN AND REVITALIZE THE NEIGHBORHOODS AND BUSINESS DISTRICTS OF SOUTHEAST SEATTLE.

Where $100 goes at Southeast Effective Development

How Southeast Effective Development divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$90 Programs the work itself
$9 Management running the organization
$1 Fundraising raising the next dollar

Inside the $90 for programs

$81
Affordable housing
90% of program spending · Reported in the filing: 1,000 units of multi-family
$9
Seedarts builds community by presenting diverse arts experiences, nurturing local artists, and infusing creativity into our neighborhoods
10% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER & SECRETARY/TREASURER Ashwin Warrior
PRESIDENT Damian Stack
DIRECTOR Evan Cantini Md
DIRECTOR Gautham Acharya
DIRECTOR Jiquanda Nelson
FINANCE DIRECTOR Jorge Perez

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$449,671 29 grants
Training & Professional Development
$250,000 2 grants
Human & Social Services
$22,500 1 grant
Civil Rights & Social Justice
$18,000 1 grant
Education
$17,500 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $15.9M $16.0M $75.1M
2023 $15.8M $15.8M $68.4M
2022 $7.3M $9.4M $58.2M
2020 $4.6M $4.8M $44.3M
2019 $3.7M $5.3M $40.8M

Between 2019 and 2024, reported annual revenue grew from $3.7M to $15.9M (+325%), with total assets most recently reported at $75.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SOUTHEAST EFFECTIVE DEVELOPMENT

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