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← STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION

Form 990 for tax year 2024

Filed by STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION.

Totals

Total revenue
$5,765,424
Total expenses
$6,102,936
Contributions and grants received
$5,653,439
Grants paid
$940,955
Program services expenses (Part IX)
$5,062,205
Management and general expenses
$1,040,731
Fundraising expenses
$0
Program service expenses (Part III)
$5,062,205

Program services were 82.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • RAUL RUSSI

    PRESIDENT

    Total calculated
    $998,427
    From this org
    $0
    From related orgs
    $896,597
    Other
    $101,830
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $887,597 related
    Bonus
    $0 + $9,000 related
    Other
    $0
    Deferred
    $0 + $52,625 related
    Nontaxable benefits
    $0 + $51,205 related
    Filer's total
    $0 + $1,000,427 related
  • LYMARIS ALBORS

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $892,753
    From this org
    $0
    From related orgs
    $836,685
    Other
    $56,068
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $824,685 related
    Bonus
    $0 + $12,000 related
    Other
    $0
    Deferred
    $0 + $39,177 related
    Nontaxable benefits
    $0 + $16,891 related
    Filer's total
    $0 + $892,753 related
  • JOSE A RODRIGUEZ

    CHIEF LEGAL OFFICER/ EXEC VP

    Total calculated
    $592,593
    From this org
    $0
    From related orgs
    $562,331
    Other
    $30,262
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $550,331 related
    Bonus
    $0 + $12,000 related
    Other
    $0
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $13,762 related
    Filer's total
    $0 + $592,593 related
  • VICKY GATELL

    CHIEF FINANCIAL OFFICER

    Total calculated
    $488,994
    From this org
    $0
    From related orgs
    $442,213
    Other
    $46,781
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $430,213 related
    Bonus
    $0 + $12,000 related
    Other
    $0
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $30,281 related
    Filer's total
    $0 + $488,994 related
  • KEITH RASMUSSEN

    EXECUTIVE DIRECTOR

    Total calculated
    $208,254
    From this org
    $207,618
    From related orgs
    $0
    Other
    $636
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $207,618
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $636
    Filer's total
    $208,254
  • MARK ROMANINSKY

    SENIOR DIRECTOR

    Total calculated
    $145,158
    From this org
    $108,876
    From related orgs
    $0
    Other
    $36,282
    Hours/week
    35
  • WALTER MACK ESQ

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • LIZANNE STEPHENSON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • ANGEL AUDIFFRED

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • WILFRED RENTA

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 10 related
  • GEORGE A PRUITT

    MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J PART I LINE 3
PURSUANT TO THE ORGANIZATION'S BYLAWS, THE ORGANIZATION DELEGATES TO ITS PARENT ENTITY THE HIRING OF THE CEO AND PRESIDENT. THE COMPENSATION OF THE EXECUTIVES IS APPROVED BY THE PARENT ENTITY, WHO HIRES A CONSULTANT TO CONDUCT A STUDY. A STANDING COMPENSATION COMMITTEE OF THE PARENT ENTITY REVIEWS A COMPENSATION STUDY AND VOTES ON HOW TO PROCEED.
SCHEDULE J PART 1 LINE 7
THE BONUSES FOR THE CEO AND PRESIDENT ARE APPROVED BY THE BOARD OF THE PARENT ENTITY. THE REMAINING EXECUTIVE BONUSES ARE APPROVED BY THE CEO. THE REMAINING EXECUTIVE BONUSES ARE APPROVED BY THE CEO.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202523179349310977

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.