Cause IQ organization profile

Small Enterprise Assistance Funds (SEAF)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

SEAF is a small business bureau based in Washington, DC that was founded in 1989. As of 2018 they had $12 million in revenue and $59 million in assets.

SEAF is an international investment management group that provides growth capital and business assistance to small and medium enterprises (SMEs) in emerging and transition markets underserved by traditional sources of capital.

EIN:
13-3535334
City:
State:
Metro:
Website:
Phone:
(202) 737-8463
Facebook:
Founded:
1989
Type:
501(c)(3)
NTEE:
Revenue:
$12,215,786
Assets:
$59,829,101
Employees:
26
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at SEAF

India agribusiness fund--seaf india agribusiness international fund (the "int'l fund") was incorporated on 05 june 2009 and domiciled in mauritius. In 2013, the international fund had its final closing with total commitments of $26,550,000 from seven members. The investment manager of the int'l fund is seaf investment management company (simc), a private company limited by shares incorporated under the laws of mauritius on june 5, 2009 and is 100% owned by seaf. The seaf india agribusiness fund (the domestic fund) is structured as a scheme of the seaf india investment trust, a contributory trust under the provisions of the trusts act, 1882, wherein il&fs trust company limited, a company incorporated under the companies act (1956), is acting as the trustee of the trust. The trustee has appointed the domestic fund's investment manager to be seaf india investment advisors private limited (iac), an indian entity established by seaf.

African diaspora marketplace (adm). Seaf partnered with usaid and western union to manage and execute the second adm business plan competition for enterprises in north and sub saharan africa. In 2012, seaf performed marketing and program outreach activities and sought donors for technical assistance and follow-on grant to adm ii winners. Seaf awarded subgrants from usaid and western union funds in 2013 and 2014. During 2014, seaf entered into a new grant with usaid for africa diaspera marketplace iii and african women's entrepreneurship program.

Tanzania - on september 29, 2014, seaf signed an agreement with usda for the food for progress grant, focused on the country of tanzania. Seaf received funds through ccc and monetization proceeds. During 2015, seaf monetized the first 12,000 mt of wheat.

Form 990s for SEAF

Fiscal year endingDate received by IRSFormPDF link
2017-12Dec 20, 2018990View PDF
2016-12Dec 14, 2017990View PDF
2015-12Mar 31, 2017990View PDF
2015-12Nov 23, 2016990View PDF
2014-12Dec 14, 2015990View PDF
...and seven more Form 990 PDFs

Financials for SEAF

Field2017
Total grants, contributions, etc.$6,002,760
Program services$5,596,927
Investment income and dividends$1,296,543
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,252,089
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$571,645
Total revenues$12,215,786

Vendors for SEAF

VendorServicesAmount paidDate
WordPressContent management system software2020-03-06
███ ██ ███Audit accounting; Accounting Services$196,9712019-10-16
███ ██ ███ █████ █Tax accounting2018-12-20

Personnel at SEAF

NameTitleCompensationMost recent data
Bert van der VaartVaart Chief Executive Officer and Co - Founder-July 17, 2019
Hubertus van der VaartChief Executive Officer and Founder$306,754June 30, 2017
███ ████████Chief Financial Officer-July 17, 2019
███████████ █████████Vice President-July 17, 2019
████████ █████Vice President Belgrade-July 17, 2019
██████ █████████████Vice President-July 17, 2019
██████ ██████Vice President Belgrade-July 17, 2019
█████ ███Vice President-July 17, 2019
██████ ████████Managing Director-July 17, 2019
█████ █████████Senior Managing Director-July 17, 2019
...and 17 more key personnel

Peer small business development organizations

 NameTypeRevenueLocation
1International Executive Service Corps (IESC)501(c)(3)$25 millionWashington, DC
2Washington Area Community Investment Fund501(c)(3)$3.1 millionWashington, DC
3Capitalplus Exchange Corporation501(c)(3)$3.2 millionSkokie, IL
4Aileron501(c)(3)$8.0 millionTipp City, OH
5B Lab Company501(c)(3)$11 millionBerwyn, PA
6Innovation Works (IW)501(c)(3)$17 millionPittsburgh, PA
7South Carolina Manufacturing Extension Partnership501(c)(3)$8.0 millionGreenville, SC
8Magnet / Manufacturing Advocacy & Growth Network Inc501(c)(3)$9.0 millionCleveland, OH
9TechTown501(c)(3)$7.4 millionDetroit, MI
10Educate501(c)(3)$4.9 millionDenver, CO
11JumpStart501(c)(3)$22 millionCleveland, OH
12PeopleFund501(c)(3)$5.6 millionAustin, TX
13Micro Enterprise Services of Oregon501(c)(3)$3.3 millionPortland, OR
14Northern Economic Initiatives Corporation501(c)(3)$4.5 millionMarquette, MI
15Main Street Launch501(c)(3)$6.8 millionOakland, CA
16Pacific Coast Regional Corporation (PCR)501(c)(3)$3.4 millionLos Angeles, CA
17Montana Community Development Corporation501(c)(3)$9.6 millionMissoula, MT
18Mi Casa Resource Center501(c)(3)$3.9 millionDenver, CO
19California Manufacturing Technology Consulting (CMTC)501(c)(3)$29 millionTorrance, CA
20Finanta501(c)(3)$5.6 millionPhiladelphia, PA
21Enterprise Minnesota501(c)(3)$5.2 millionMinneapolis, MN
22Interise501(c)(3)$3.1 millionBoston, MA
23Valley Economic Development Center (VEDC)501(c)(3)$8.8 millionVan Nuys, CA
24Ben Franklin Technology Partners of Southeastern Pennsylvania501(c)(3)$14 millionPhiladelphia, PA
25Community Ventures Corporation501(c)(3)$10 millionLexington, KY

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