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The Strategic Economic Consortium Inc

T Sec

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Environmental Quality, Protection and Beautification / Energy Resources Conservation and Development (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2022 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
−$278k (2022)

Expenses
$245k (2022)

Total Assets
$595k (2022)

Total Liabilities
$456k (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$278,273
Expenses
$245,018
Net Income
-$523,291
Net Assets
$138,452
Notable Sources of Revenue Percent of Total Revenue
Contributions $45,129
Program Services $0
Investment Income $406
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$323,808
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $27,000
11.0%
Professional Fundraising Fees $0
Other Salaries and Wages $25,000
10.2%
Assets/Debt
Total Assets $594,733
Total Liabilities $456,281
Net Assets $138,452
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carl E Meyer (President/Ceo) $11,723 $0 $15,277
Frank Falatyn (Secretary) $0 $0 $0
Daniel Ahouse (Vice Chairman) $0 $0 $0
William Jemison (Director) $0 $0 $0
William Durgin (Director) $0 $0 $0
Don Tegeler (Treasurer) $0 $0 $0
Kevin Brady (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,650
Expenses
$413,163
Net Income
-$401,513
Net Assets
$656,871
Notable Sources of Revenue Percent of Total Revenue
Contributions $38,352
> 100%
Program Services $0
Investment Income $35
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$26,737
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,134
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $34,058
8.2%
Assets/Debt
Total Assets $1,127,192
Total Liabilities $470,321
Net Assets $656,871
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carl E Meyer (President & Ceo, Chairman) $18,134 $0 $0
Frank Falatyn (Secretary) $0 $0 $0
Vincent Cozzolino (Director) $0 $0 $0
Daniel Ahouse (Vice Chairman) $0 $0 $0
Kenneth Cascone (Director) $0 $0 $0
William Jemison (Director) $0 $0 $0
William Durgin (Director) $0 $0 $0
Don Tegeler (Treasurer) $0 $0 $0
Laurie Villasuso (Director) $0 $0 $0
Kevin Brady (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$560,042
Expenses
$658,895
Net Income
-$98,853
Net Assets
$1,058,384
Notable Sources of Revenue Percent of Total Revenue
Contributions $558,829
99.8%
Program Services $0
Investment Income $1,213
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $40,411
6.1%
Professional Fundraising Fees $0
Other Salaries and Wages $69,016
10.5%
Assets/Debt
Total Assets $1,926,213
Total Liabilities $867,829
Net Assets $1,058,384
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carl E Meyer (President & Ceo, Chairman) $40,441 $0 $0
Frank Falatyn (Secretary) $0 $0 $0
Vincent Cozzolino (Director) $0 $0 $0
Daniel Ahouse (Vice Chairman) $0 $0 $0
Kenneth Cascone (Director) $0 $0 $0
William Jemison (Director) $0 $0 $0
William Durgin (Director) $0 $0 $0
Don Tegeler (Treasurer) $0 $0 $0
Laurie Villasuso (Director) $0 $0 $0
Kevin Brady (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,058,773
Expenses
$882,955
Net Income
$175,818
Net Assets
$1,157,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,053,412
99.5%
Program Services $0
Investment Income $961
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $4,400
0.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,299
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $96,263
10.9%
Assets/Debt
Total Assets $1,923,231
Total Liabilities $765,994
Net Assets $1,157,237
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carl E Meyer (President & Ceo, Chairman) $55,299 $0 $0
Frank Falatyn (Secretary) $0 $0 $0
Vincent Cozzolino (Director) $0 $0 $0
Daniel Ahouse (Vice Chairman) $0 $0 $0
Kenneth Cascone (Director) $0 $0 $0
William Jemison (Director) $0 $0 $0
William Durgin (Director) $0 $0 $0
Don Tegeler (Treasurer) $0 $0 $0
Laurie Villasuso (Director) $0 $0 $0
Kevin Brady (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,639,226
Expenses
$841,435
Net Income
$797,791
Net Assets
$981,419
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,633,479
99.6%
Program Services $20,000
1.2%
Investment Income $132
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$14,385
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $37,603
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $99,284
11.8%
Assets/Debt
Total Assets $1,605,352
Total Liabilities $623,933
Net Assets $981,419

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$741,833
Expenses
$755,404
Net Income
-$13,571
Net Assets
$183,628
Notable Sources of Revenue Percent of Total Revenue
Contributions $690,992
93.1%
Program Services $49,500
6.7%
Investment Income $1,341
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $27,884
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $106,444
14.1%
Assets/Debt
Total Assets $1,509,337
Total Liabilities $1,325,709
Net Assets $183,628
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carl E Meyer (President & Ceo) $27,884 $0 $0
Frank Falatyn (Secretary) $0 $0 $0
Vincent Cozzolino (Director) $0 $0 $0
Daniel Ahouse (Vice Chair) $0 $0 $0
Kenneth Cascone (Director) $0 $0 $0
Michael Catania (Chair) $0 $0 $0
William Jemison (Director) $0 $0 $0
William Durgin (Director) $0 $0 $0
Robert Kaehler (Director) $0 $0 $0
Don Tegeler (Director) $0 $0 $0
Laurie Villasuso (Director) $0 $0 $0
Kevin Brady (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$947,301
Expenses
$982,814
Net Income
-$35,513
Net Assets
$197,199
Notable Sources of Revenue Percent of Total Revenue
Contributions $972,896
> 100%
Program Services $900
0.1%
Investment Income $5
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$26,500
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $58,172
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $273,966
27.9%
Assets/Debt
Total Assets $2,124,605
Total Liabilities $1,927,406
Net Assets $197,199
Compensation
Key Employees and Officers Compensation Related Other
Carl E Meyer (President & Ceo) $58,172 $0 $0
Frank Falatyn (Secretary) $0 $0 $0
Vincent Cozzolino (Director) $0 $0 $0
Tria Case Ended 51316 (Director) $0 $0 $0
Karen Mejia Ended 9316 (Director) $0 $0 $0
Andrew Wilson Ended 8916 (Director) $0 $0 $0
Daniel Ahouse (Vice Chair) $0 $0 $0
Kenneth Cascone (Director) $0 $0 $0
Michael Catania (Chairman) $0 $0 $0
William Jemison (Director) $0 $0 $0
William Durgin (Director) $0 $0 $0
Robert Kaehler (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$737,005
Expenses
$792,892
Net Income
-$55,887
Net Assets
$232,712
Notable Sources of Revenue Percent of Total Revenue
Contributions $775,672
> 100%
Program Services $0
Investment Income $4
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$38,671
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $63,505
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $211,249
26.6%
Assets/Debt
Total Assets $1,356,544
Total Liabilities $1,123,832
Net Assets $232,712
Compensation
Key Employees and Officers Compensation Related Other
Carl Meyer (President/Ceo/Director) $63,505 $0 $0
Frank Falatyn (Vice Chairman/Secretary) $0 $0 $0
Vincent Cozzolino (Founder / Director) $0 $0 $0
Tria Case (Director) $0 $0 $0
Karen Mejia (Director) $0 $0 $0
Andrew Wilson (Director) $0 $0 $0
Daniel Ahouse (Director) $0 $0 $0
Kenneth Cascone (Director) $0 $0 $0
Michael Catania (Chairman) $0 $0 $0
William Jemison (Director) $0 $0 $0
William Durgin (Director) $0 $0 $0
Robert Kaehler (Director) $0 $0 $0
Gillian Small (Director (Term 5/1/15)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$861,851
Expenses
$830,623
Net Income
$31,228
Net Assets
$288,597
Notable Sources of Revenue Percent of Total Revenue
Contributions $859,662
99.7%
Program Services $2,184
0.3%
Investment Income $5
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $65,061
7.8%
Professional Fundraising Fees $0
Other Salaries and Wages $186,347
22.4%
Assets/Debt
Total Assets $1,049,378
Total Liabilities $760,781
Net Assets $288,597
Compensation
Key Employees and Officers Compensation Related Other
Carl Meyer (President/Ceo/Director) $57,061 $0 $0
Henry Dimarco (Director) $8,000 $0 $0
Frank Falatyn (Vice Chairman/Secretary) $0 $0 $0
Paul Hakim (Director) $0 $0 $0
Vincent Cozzolino (Founder / Director) $0 $0 $0
Tria Case (Director) $0 $0 $0
Anthony Collins (Director) $0 $0 $0
Gillian Small (Director) $0 $0 $0
Andrew Wilson (Director) $0 $0 $0
Daniel Ahouse (Director) $0 $0 $0
Kenneth Cascone (Director) $0 $0 $0
William Taylor (Director) $0 $0 $0
Michael Catania (Chairman) $0 $0 $0
William Jemison (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$838,495
Expenses
$900,369
Net Income
-$61,874
Net Assets
$257,369
Notable Sources of Revenue Percent of Total Revenue
Contributions $838,487
100.0%
Program Services $0
Investment Income $8
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $82,493
9.2%
Professional Fundraising Fees $0
Other Salaries and Wages $378,677
42.1%
Assets/Debt
Total Assets $1,058,918
Total Liabilities $801,549
Net Assets $257,369
Compensation
Key Employees and Officers Compensation Related Other
Carl Meyer (President/Ceo/Director) $82,953 $0 $0
Henry Dimarco (Vp Technology Development / Director) $19,077 $0 $0
Frank Falatyn (Vice Chairman/Secretary) $0 $0 $0
Paul Hakim (Treasurer) $0 $0 $0
Vincent Cozzolino (Founder / Director) $0 $0 $0
Tria Case (Director) $0 $0 $0
Anthony Collins (Director) $0 $0 $0
Gillian Small (Director) $0 $0 $0
Andrew Wilson (Director) $0 $0 $0
Daniel Ahouse (Director) $0 $0 $0
Kenneth Cascone (Director) $0 $0 $0
William Taylor (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,164,292
Expenses
$1,056,723
Net Income
$107,569
Net Assets
$319,243
Notable Sources of Revenue Percent of Total Revenue
Contributions $994,913
85.5%
Program Services $169,367
14.5%
Investment Income $12
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $111,105
10.5%
Professional Fundraising Fees $0
Other Salaries and Wages $508,083
48.1%
Assets/Debt
Total Assets $787,632
Total Liabilities $468,389
Net Assets $319,243

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,277,729
Expenses
$1,265,761
Net Income
$11,968
Net Assets
$211,674
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,072,966
84.0%
Program Services $204,740
16.0%
Investment Income $23
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $167,153
13.2%
Professional Fundraising Fees $0
Other Salaries and Wages $537,502
42.5%
Assets/Debt
Total Assets $374,685
Total Liabilities $163,011
Net Assets $211,674

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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