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Filing year 2023

SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION

Taunton, Massachusetts·EIN 04-2772952·4
Total revenue
$4.5M
Total assets
$28.7M
Total expenses
$2.5M
Reported officers
38
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.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

$295k
$329k
Base
$235k
Bonus
$50k
Other
Benefits
Sr VP Lendin
vice president
$204k
$228k
Base
$176k
Bonus
$11k
Other
Benefits
VP Commercia
vice president
$170k
$190k
Base
$140k
Bonus
$26k
Other
Benefits
VP Business
vice president
$159k
$177k
Base
$140k
Bonus
$14k
Other
Benefits
VP Commercia
vice president
$154k
$172k
Base
$135k
Bonus
$15k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 33 unpaid individuals.

Up 14%
from 2022

From $259k in 2022 to $295k in 2023.

$259k
2022
$295k
2023
In today's dollarsEst.
Up 10% in real terms$299k to $329k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOUTH EASTERN ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.8M
$2.5M
2022
$4.5M
$2.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
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