Seec Corporation FY2023 filing

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To help people with intellectual and developmental disabilities direct their lives with dignity, choice, authority and responsibility.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$979K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.8M a year · 9% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$979K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 8.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
12
named funders · $176K
Looks good: 12 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$15.0M
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$25.3M
+55% vs prior year
Spent
$17.5M
To programs
85%
Net assets
$12.5M
By yearFY2020–FY2025
Revenue
$25.3M
FY2023▲ +55%
Tap a bar for its year
Revenue by fiscal year
FY2020$13.2M
FY2021$16.1M
FY2022$16.3M
FY2023$25.3M
FY2024$19.8M
FY2025$21.6M
Expenses
$17.5M
FY2023▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$13.0M
FY2021$13.7M
FY2022$15.9M
FY2023$17.5M
FY2024$20.3M
FY2025$21.6M
Net assets
$12.5M
FY2023▲ +177%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$4.3M
FY2022$4.5M
FY2023$12.5M
FY2024$12.4M
FY2025$12.8M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $14.9M Management & general 13% · $2.3M Fundraising 2% · $269K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

25 people listed on the 990; $979K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$223,031Pt VII · Sec A
Chief Financial Officer
$137,670Pt VII · Sec A
Director of Information an
$135,730Pt VII · Sec A
Director of Services
$128,761Pt VII · Sec A
Director of Knowledge Management
$121,587Pt VII · Sec A
Director of Communication
$116,280Pt VII · Sec A
Community Engagement Coach
$115,913Pt VII · Sec A
Treasurer as of 12/2022
$0Pt VII · Sec A

Karen J Lee’s $206K as CEO is at the 38th percentile of top reported officer pay among 414 $10–100M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Karen J Lee$205,844$240,947$223,031$179,671$178,246$157,641
Stephanie Snyder$166,858$160,734$137,670———
Djibril Kamara$158,564$166,704$135,730$129,402——
Stephen Blanks$135,981$151,656—$108,297$105,134—
Sherry Beamer$142,624$137,077$128,761$109,802——
Bonny P Roy———$134,152$132,859$127,233
Jessica Neely$133,958$129,597$121,587———
Katy Barrett$131,537$129,039$116,280———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Seec Corporation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports adults with disabilities to direct their lives through employment, recreation, and housing services.

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3 programs · $13.2M · in their own filed words · FY2022
01

Supported Living

Provides approximately 40 individuals with the support they need to live in the community in homes of their own. As well, supports are provided to approximately 20 people living in their family homes to gain or maintain skills to best manage their home and community connections.

$7.3Mprogram expense
02

Community Engagement

Provides supports to people in community-based settings that help to develop and maintain experiences and skills that support and enhance each person's independence in participation and membership in the same community events and activities as those that do not have developmental disabilities.

$4.1Mprogram expense
03

Transition Services

Provides supports to transition from school to work AND/OR family home to own home. In project search a yearly minimum of 25 young adults intern at local host businesses to gain work experience that lead to jobs and long term job coaching supports. Currently 145 hired workers post internship receive long term coaching.

$1.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 12 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$25.3M
Ln 12
Fees for servicesLn 2g$14.0M
Investment incomeLn 3$9.0M
Gifts and grantsLn 1h$2.3M
Money outPt IX
$17.5M
Ln 25
Programscol B$14.9M
Managementcol C$2.3M
Fundraisingcol D$269K
Owns and owesPt X
$12.5M
net assets · Ln 32
Cash and savingsLn 1–2$12.2M
Total assetsLn 16$27.5M
LiabilitiesLn 26$15.0M
PeoplePt VI, VII
25
listed · VII A
PaidVII A7
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Government grantsLn 1e$1.6M
Noncash giftsLn 1g$48K
Fundraising eventsLn 1c$156K
Fees for servicesLn 2g$14.0M
Investment incomeLn 3$9.0M
Gains on assetsLn 7$8.7M
Total revenueLn 12$25.3M
Assets in detailPt X, end of year
CashLn 1$2.1M
SavingsLn 2$10.1M
Cash and savings togetherLn 1–2$12.2M
Accounts receivableLn 4$3.1M
Prepaid expenses and deferred chargesLn 9$255K
Land, buildings, equipmentLn 10c$2.9M
InvestmentsLn 11–13$3.8M
Other assetsLn 15$5.3M
Total assetsLn 16$27.5M
LiabilitiesLn 26$15.0M
Net assetsLn 32$12.5M
OperationsPt I, VI
EmployeesI 5307
VolunteersI 655
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$47K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$5.3M$12.2M
InvestmentsLn 11–13$1.8M$3.8M
Land, buildings, equipmentLn 10c$4.7M$2.9M
Total assetsLn 16$15.1M$27.5M
LiabilitiesLn 26$10.6M$15.0M
Net assetsLn 32$4.5M$12.5M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$419K$354K$57K$9K
Other salaries and wagesLn 7$11.3M$9.5M$1.5M$242K
Pension plan contributionsLn 8$387K$341K$46K
Other employee benefitsLn 9$1.8M$1.6M$216K$377
Payroll taxesLn 10$849K$714K$117K$18K
Legal feesLn 11b$51K$43K$8K
Accounting feesLn 11c$90K$76K$14K
Other fees for servicesLn 11g$228K$130K$98K
Advertising and promotionLn 12$10K$9K$1K
Office expensesLn 13$371K$298K$73K
Information technologyLn 14$292K$260K$32K
OccupancyLn 16$150K$133K$16K
TravelLn 17$273K$268K$5K
Conferences, conventions and meetingsLn 19$166K$142K$24K
InterestLn 20$115K$102K$13K
Depreciation, depletion and amortizationLn 22$329K$293K$36K
InsuranceLn 23$45K$40K$5K
Other expenses (24a–d)Ln 24$540K$531K$10K
All other expensesLn 24e$58K$31K$27K
Total functional expensesLn 25$17.5M$14.9M$2.3M$269K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 14, 2026 $21.6M$21.6M$45K$12.8M 990 PDF
FY2024Filed with the IRS May 14, 2025 $19.8M$20.3M−$421K$12.4M 990 PDF
FY2023 ViewingFiled with the IRS May 14, 2024 $25.3M$17.5M$7.8M$12.5M 990 PDF
FY2022Filed with the IRS May 15, 2023 $16.3M$15.9M$458K$4.5M 990 PDF
FY2021Filed with the IRS May 16, 2022 $16.1M$13.7M$2.5M$4.3M 990 PDF
FY2020Filed with the IRS May 12, 2021 $13.2M$13.0M$199K$1.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $25,283,831 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $660,508$2,301,597
I-9 Program service revenuePrior year $15,825,735$14,006,726
I-10 Investment incomePrior year −$72,166$9,024,865
I-11 Other revenuePrior year −$81,076−$49,357
I-12 Total revenuePrior year $16,333,001$25,283,831
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $12,844,817$14,744,750
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,030,006$2,718,682
I-18 Total expensesPrior year $15,874,823$17,463,432
I-19 Revenue less expensesPrior year $458,178$7,820,399
Part VI · Governance 18 of 18 board members independent, no flags
VI-1a Voting members of the governing body18
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $25,283,831 across 12 lines filed
VIII-1c Fundraising events$155,990
VIII-1e Government grants$1,554,933
VIII-1f All other contributions, gifts and grants$590,674
VIII-1g Noncash contributions (included above)$47,969
VIII-1h Total contributions, gifts and grants$2,301,597
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $14,006,726$14,006,726
VIII-3 Investment incomeExcluded from tax $338,889$338,889
VIII-6 Net rental income or lossExcluded from tax −$9,327−$9,327
VIII-7 Net gain or loss on sales of assetsExcluded from tax $8,685,976$8,685,976
VIII-8 Net income from fundraising eventsExcluded from tax −$46,937−$46,937
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,765 · Unrelated business −$8,858$6,907
VIII-12 Total revenueRelated to mission $14,022,491 · Unrelated business −$8,858 · Excluded from tax $8,968,601$25,283,831
Part IX · Statement of functional expenses $17,463,432 across 19 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $353,606 · Management $56,841 · Fundraising $9,022$419,469
IX-7 Other salaries and wagesPrograms $9,495,480 · Management $1,526,370 · Fundraising $242,265$11,264,115
IX-8 Pension plan contributionsPrograms $341,158 · Management $45,656$386,814
IX-9 Other employee benefitsPrograms $1,609,216 · Management $216,165 · Fundraising $377$1,825,758
IX-10 Payroll taxesPrograms $713,721 · Management $117,111 · Fundraising $17,762$848,594
IX-11b Legal feesPrograms $42,874 · Management $8,167$51,041
IX-11c Accounting feesPrograms $75,767 · Management $14,432$90,199
IX-11g Other fees for servicesPrograms $129,950 · Management $98,074$228,024
IX-12 Advertising and promotionPrograms $9,372 · Management $1,100$10,472
IX-13 Office expensesPrograms $297,829 · Management $72,846$370,675
IX-14 Information technologyPrograms $260,388 · Management $31,797$292,185
IX-16 OccupancyPrograms $133,240 · Management $16,468$149,708
IX-17 TravelPrograms $267,869 · Management $5,001$272,870
IX-19 Conferences, conventions and meetingsPrograms $141,734 · Management $24,323$166,057
IX-20 InterestPrograms $101,988 · Management $12,601$114,589
IX-22 Depreciation, depletion and amortizationPrograms $292,634 · Management $36,164$328,798
IX-23 InsurancePrograms $40,251 · Management $4,975$45,226
IX-24 Other expenses (24a–d)Programs $530,651 · Management $9,718$540,369
IX-24e All other expensesPrograms $31,339 · Management $27,130$58,469
IX-25 Total functional expensesPrograms $14,869,067 · Management $2,324,939 · Fundraising $269,426$17,463,432
Part X · Balance sheet $27,518,009 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $1,718,974$2,119,270
X-2 Savings and temporary cash investmentsStart of year $3,557,606$10,074,712
X-4 Accounts receivableStart of year $3,050,796$3,059,543
X-9 Prepaid expenses and deferred chargesStart of year $155,613$254,865
X-10c Land, buildings and equipment, netStart of year $4,745,017$2,922,088
X-11 Publicly traded securitiesStart of year $152,115$167,149
X-12 Other securitiesStart of year $1,637,903$3,629,190
X-15 Other assetsStart of year $71,306$5,291,192
X-16 Total assetsStart of year $15,089,330$27,518,009
X-17 Accounts payable and accrued expensesStart of year $1,901,638$2,032,632
X-19 Deferred revenue$4,248
X-23 Secured mortgages and notes payableStart of year $1,645,935$0
X-25 Other liabilitiesStart of year $7,019,327$12,956,877
X-26 Total liabilitiesStart of year $10,566,900$14,993,757
X-27 Net assets without donor restrictionsStart of year $4,174,106$12,212,595
X-28 Net assets with donor restrictionsStart of year $348,324$311,657
X-32 Total net assets or fund balancesStart of year $4,522,430$12,524,252
X-33 Total liabilities and net assetsStart of year $15,089,330$27,518,009
Part XI · Reconciliation of net assets $12,524,252 net assets at year end
XI-1 Total revenue$25,283,831
XI-2 Total expenses$17,463,432
XI-3 Revenue less expenses$7,820,399
XI-4 Net assets at start of year$4,522,430
XI-5 Net unrealized gains (losses) on investments$181,423
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$12,524,252

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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