Seec Corporation
- Assets
- $15.1m
- Revenue
- $16.3m
- Investments
- $0.0
- Employees
- 244
- Location
- Silver Spring, MD
- Founding
- 05/1988
- Data as of
- 06/2022
- EIN
- 52-1557285
Organization Overview
Seec Corporation is located in Silver Spring, MD. The organization was established in 1988. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2022, Seec Corporation employed 244 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seec Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Seec Corporation generated $16.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $15.9m during the year ending 06/2022. While expenses have increased by 7.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES DIRECT THEIR LIVES WITH DIGNITY, CHOICE, AUTHORITY AND RESPONSIBILITY. SEEC PROVIDES CUSTOMIZED EMPLOYMENT, RECREATIONAL, AND RESIDENTIAL SERVICES TO APPROXIMATELY 300 ADULTS, AND OUTREACH TO FAMILIES OF CHILDREN WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
SUPPORTED LIVING: PROVIDES INDIVIDUALS WITH THE SUPPORT THEY NEED TO LIVE IN THE COMMUNITY IN HOMES OF THEIR OWN. APPROXIMATELY 30 PEOPLE RECEIVE SEEC'S PERSONAL SUPPORTS.
COMMUNITY EMPLOYMENT NETWORK: PROVIDES DAY SUPPORTS IN THE COMMUNITY, WITH ALL SUPPORTS PROVIDED IN THE COMMUNITY. THIS INCLUDES WEEKDAY SUPPORTS TO APPROXIMATELY 75 ADULTS. THESE ADULTS SPEND HALF OF THEIR DAY IN VOCATIONAL ACTIVITIES (PAID EMPLOYMENT, VOLUNTEERING, AND/OR JOB-READINESS ACTIVITIES), AND THE OTHER HALF OF THE DAY IS DEDICATED TO PERSONAL DEVELOPMENT, FITNESS, AND THE PURSUIT OF INTERESTS.
SUPPORTED EMPLOYMENT AND DISCOVERIES: PROVIDES COMMUNITY-BASED EMPLOYMENT SUPPORTS TO APPROXIMATELY 150 PEOPLE, INCLUDING APPROXIMATELY 40 INTERNS PARTICIPATING IN PROJECT SEARCH, A SCHOOL-TO-WORK UNPAID INTERNSHIP PROGRAM. PROVIDES INDIVIDUAL SUPPORTS TO APPROXIMATELY 40 PEOPLE WHO RECEIVE LESS THAN 40 HOURS OF HOME AND COMMUNITY SUPPORTS EACH WEEK. SUPPORTS ARE DELIVERED AT THE DISCRETION OF THE INDIVIDUAL AND MAY BE ACCESSED DURING OR OUTSIDE NORMAL BUSINESS HOURS. DURING THE YEAR ENDING JUNE 30, 2022 THE DISCOVERIES PROGRAM WAS DIVIDED UP BETWEEN SUPPORTED LIVING AND COMMUNITY ENGAGEMENT NETWORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dianne Niedner Board Member | OfficerTrustee | 0.5 | $0 |
Venus Jordan Secretary | OfficerTrustee | 0.5 | $0 |
Robert Scott President | OfficerTrustee | 0.5 | $0 |
Seth Kaplan Past President | OfficerTrustee | 2 | $0 |
Mandy Lam Treasurer | OfficerTrustee | 3 | $0 |
Lavonna Vice Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $191,833 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $468,675 |
| Noncash contributions included in lines 1a–1f | $19,945 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $660,508 |
| Total Program Service Revenue | $15,825,735 |
| Investment income | $10,820 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,414 |
| Net Gain/Loss on Asset Sales | -$82,986 |
| Net Income from Fundraising Events | -$34,562 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,333,001 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $424,197 |
| Compensation of current officers, directors, key employees. | $53,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,092,694 |
| Pension plan accruals and contributions | $339,763 |
| Other employee benefits | $1,216,067 |
| Payroll taxes | $772,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $66,715 |
| Fees for services: Accounting | $35,365 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $785,803 |
| Advertising and promotion | $37,201 |
| Office expenses | $347,957 |
| Information technology | $291,684 |
| Royalties | $0 |
| Occupancy | $228,744 |
| Travel | $126,028 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $183,296 |
| Interest | $54,086 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $163,514 |
| Insurance | $42,485 |
| All other expenses | $24,107 |
| Total functional expenses | $15,874,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,718,974 |
| Savings and temporary cash investments | $5,195,509 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,050,796 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $155,613 |
| Net Land, buildings, and equipment | $4,745,017 |
| Investments—publicly traded securities | $152,115 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $71,306 |
| Total assets | $15,089,330 |
| Accounts payable and accrued expenses | $1,901,638 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,645,935 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,019,327 |
| Total liabilities | $10,566,900 |
| Net assets without donor restrictions | $4,174,106 |
| Net assets with donor restrictions | $348,324 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,089,330 |