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EIN 04-3367947

Southeast Economic Development Corporation (SEDC)

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Dover
State
New Hampshire
Year formed
1997
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
SEDC is an independent corporation specializing in providing and locating financial assistance for businesses in areas of southeastern New Hampshire.
Also known as...
Strafford Economic Development Corporation; Cocheco Falls Millworks
Total revenues
$2,431,823
2023
Total expenses
$791,459
2023
Total assets
$17,556,099
2023
Num. employees
5
2023

Program areas at SEDC

The organization originated eight additional Economic Development loans for area businesses during the fiscal year ended december 31, 2023, adding 1,742,455 in new lending to its loan portfolio.

Who funds Southeast Economic Development Corporation (SEDC)

Grants from foundations and other nonprofits
GrantmakerAmount
New Hampshire Alliance of Regional Development Corporations$31,791

Personnel at SEDC

NameTitleCompensation
Dennis McCannExecutive Director$175,000
Timothy DarganPresident$0
Samuel ReidVice President$0
Thomas DumaisSecretary and Treasurer$0

Financials for SEDC

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,453,737
Program services$952,411
Investment income and dividends$25,675
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,431,823

Form 990s for SEDC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-08990View PDF
2022-122023-05-11990View PDF
2021-122022-05-16990View PDF
2020-122021-06-21990View PDF
2019-122020-08-19990View PDF
...and 10 more Form 990s
Data update history
December 22, 2023
Updated personnel
Identified 1 new personnel
July 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Received grants
Identified 1 new grant, including a grant for $31,791 from New Hampshire Alliance of Regional Development Corporations
August 13, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
Cocheco Falls Millworks 100 Main St
Dover, NH 03820
Metro area
Boston-Cambridge-Newton, MA-NH
County
Strafford County, NH
Website URL
sedcnh.org/ 
Phone
(603) 749-2211
IRS details
EIN
04-3367947
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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