Massachusetts · Nonprofit
SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION
SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION (Massachusetts) receives grants from 2 organizations whose IRS filings report $8,000 to it, the largest being CAMBRIDGE SAVINGS CHARITABLE FOUNDATION INC ($7,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $5.6M
- Funders on record
- 2
- Grants received
- $8k
- Net assets
- $24M
What South Eastern Economic Development Corporation does
Mission
Seed's mission is to assist small businesses to start-up, expand and create new jobs. Seed was certified in 1982 by the u.s. Sba to package sba 504 loans. Seed also makes loans as a cdfi under the u.s. Department of treasury, & eda u.s. Department of commerce, and a sba micro lender and provides technical assistance.
As stated on its FY2025 Form 990.
Programs
5sba 504 program: packaging, closing and servicing of sba 504 loans to small business in massachusetts and rhode island.
$301,328 spent$1,091,157 earned by the program12% of program spendingMicro loan program including sba micro loans and technical assistance and ma technical assistance. Underwriting, closing and servicing of loans up to 50,000 to small businesses for working capital furniture and fixtures and equipment. Administration of technical assistance program for start-up and existing small businesses in conjunction with the sba micro loan program. Theprogram includes eight counties from boston to the cape and islands in massachusetts, and all of rhode island.
$804,243 spent$170,477 earned by the program31% of program spendingRevolving loan fund program: underwriting, closing and servicing of loans up to 200,000 under the u.s. Economic development administration (eda) revolving loan fund program and the community development financial institution fund (cdfi) under the u.s. Department of treasury, and seed fund and ri fund. These loans are made in conjunction with bank and other financing to small businesses in southeastern massachusetts and rhode island.
$1,418,434 spent$1,147,395 earned by the program55% of program spendingOther program services
$36,494 spent$36,031 earned by the program1% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,560,499.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $15M to $20M (+36%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 25% · 2021 78% · 2022 47% · 2023 60% · 2024 48% · 2025 51%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Carl W Taber
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 88% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Massachusetts funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $13.7M on record.
- Department of Commerce$8.1M
- Small Business Administration$3.0M
- Department of the Treasury$2.7M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Massachusetts
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION?
- SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION (Massachusetts) receives grants from 2 organizations whose IRS filings report $8,000 to it, the largest being CAMBRIDGE SAVINGS CHARITABLE FOUNDATION INC ($7,000). 0 of them have funded it in more than one year.
- How many funders does SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 2 organizations giving $8,000 in grants to SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION.
- Who is the largest funder of SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION?
- CAMBRIDGE SAVINGS CHARITABLE FOUNDATION INC is the largest funder on record, with $7,000 in grants. The full list of funders is on this page.
- How can an organization like SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds South Eastern Economic Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing