Civic Intelligence

South Bronx Overall Economic Development Corporation

990 • Fiscal year 2016 • EIN 13-2736022

Apr 01, 2015 to Mar 31, 2016 • Filed on Feb 14, 2017

555 bergen avenuebronx, NY 10455

(718) 292-3113

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.69x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

0.63x

Higher debt load relative to revenue than 71% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

26th percentile

-3.3%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

74th percentile

$267,424

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

11th percentile

-8.4%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

13%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$9,265,691

Down $850,198 (-8.4%) from 2015

Net Assets

Down

$2,914,269

Down $274,475 (-8.6%) from 2015

Liabilities

Down

$6,351,422

Down $575,723 (-8.3%) from 2015

Revenue

Up

$10,113,391

Up $1,201,365 (+13%) from 2015

Expenses

Up

$10,443,747

Up $718,197 (+7.4%) from 2015

Net Income

Up

-$330,356

Up $483,168 (+59%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $10,443,170Liabilities 2010: $9,383,756Net Assets 2010: $1,059,4142010Assets 2011: $9,678,589Liabilities 2011: $8,922,124Net Assets 2011: $756,4652011Assets 2012: $9,014,189Liabilities 2012: $8,731,755Net Assets 2012: $282,4342012Assets 2013: $11,554,466Liabilities 2013: $6,655,773Net Assets 2013: $4,898,6932013Assets 2014: $9,839,666Liabilities 2014: $5,837,398Net Assets 2014: $4,002,2682014Assets 2015: $10,115,889Liabilities 2015: $6,927,145Net Assets 2015: $3,188,7442015Assets 2016: $9,265,691Liabilities 2016: $6,351,422Net Assets 2016: $2,914,2692016Assets 2017: $8,808,352Liabilities 2017: $6,690,951Net Assets 2017: $2,117,4012017Assets 2018: $11,675,328Liabilities 2018: $7,846,637Net Assets 2018: $3,828,6912018Assets 2019: $5,681,704Liabilities 2019: $4,482,631Net Assets 2019: $1,199,0732019Assets 2020: $7,389,551Liabilities 2020: $2,312,871Net Assets 2020: $5,076,6802020Assets 2021: $11,273,834Liabilities 2021: $4,879,927Net Assets 2021: $6,393,9072021Assets 2022: $9,441,146Liabilities 2022: $4,750,373Net Assets 2022: $4,690,7732022Assets 2023: $10,232,191Liabilities 2023: $6,420,456Net Assets 2023: $3,811,7352023

Highlighted filing

2016

Assets$9,265,691
Liabilities$6,351,422
Net Assets$2,914,269

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,650,2032010Expenses 2011: $11,797,6542011Revenue 2012: $8,947,514Expenses 2012: $9,421,545Net Income 2012: -$474,0312012Revenue 2013: $13,882,940Expenses 2013: $9,462,423Net Income 2013: $4,420,5172013Revenue 2014: $8,341,962Expenses 2014: $9,238,387Net Income 2014: -$896,4252014Revenue 2015: $8,912,026Expenses 2015: $9,725,550Net Income 2015: -$813,5242015Revenue 2016: $10,113,391Expenses 2016: $10,443,747Net Income 2016: -$330,3562016Revenue 2017: $10,363,933Expenses 2017: $11,160,801Net Income 2017: -$796,8682017Revenue 2018: $10,866,144Expenses 2018: $11,657,311Net Income 2018: -$791,1672018Revenue 2019: $14,505,335Expenses 2019: $12,729,940Net Income 2019: $1,775,3952019Revenue 2020: $15,134,013Expenses 2020: $11,266,838Net Income 2020: $3,867,1752020Revenue 2021: $9,485,057Expenses 2021: $8,348,588Net Income 2021: $1,136,4692021Revenue 2022: $12,019,062Expenses 2022: $12,192,704Net Income 2022: -$173,6422022Revenue 2023: $8,860,427Expenses 2023: $10,667,730Net Income 2023: -$1,807,3032023

Highlighted filing

2016

Revenue$10,113,391
Expenses$10,443,747
Net Income-$330,356
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$10,281,057
Mission and Program Overview

Mission

Our mission is to enhance the quality of life in the south bronx by strengthening businesses and creating innovative economic, housing, educational, and career development programs for youth and adults. Sobbo was founded in 1972 by a group of business executives and community leaders. Our task was urgent: reverse the flight of businesses and jobs from the south bronx. It was the first and most fundamental step toward rebuilding a community whose name evoked images of burned buildings, crime, poverty and drugs. But as sobro began to evolve, it became clearer that community revitalization required a multi-faceted effort. Today, we address all aspects of community development: assisting businesses to get started and grow, training residents according to the needs of employers, offering opportunities for youth to learn and develop, and creating affordable housing and commercial spaces that reverse blight in the community.

Sboedc's mission is to enhance the quality of life in the south bronx by strengthening businesses and creating innovative economic, housing, educational, and career development programs for youth and adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,374,183$3,256,846▼ $1,117,337
Pledges and Grants Receivable$1,142,538$1,870,413▲ $727,875
Accounts Receivable$1,184,492$448,760▼ $735,732
Intangible Assets$179,431$169,727▼ $9,704
Prepaid Expenses and Deferred Charges$88,166$79,760▼ $8,406
Cash and Non-Interest-Bearing Accounts$15,304$71,146▲ $55,842
Other Notes and Loans Receivable, Net$4,346$16,128▲ $11,782
Total Assets$10,115,889$9,265,691▼ $850,198
Other Assets Total$3,127,429$3,352,911▲ $225,482
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,539,722$3,941,520▼ $598,202
Other Liabilities$1,306,349$1,557,859▲ $251,510
Accounts Payable and Accrued Expenses$1,076,084$852,043▼ $224,041
Deferred Revenue$4,990--
Total Liabilities$6,927,145$6,351,422▼ $575,723
Net Assets / Fund Balance
Unrestricted Net Assets$2,993,942$2,719,467▼ $274,475
Temporarily Rstr Net Assets$194,802$194,802→ $0
Total Net Assets Fund Balance$3,188,744$2,914,269▼ $274,475
Total Liabilities and Net Assets / Fund Balance$10,115,889$9,265,691▼ $850,198

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,718,655$4,555,074$7,273,729
Equipment$267,540$329,806$597,346
Land$133,345-$133,345
Other Land Buildings$126,445-$126,445
Leasehold Improvements$10,861$12,537$23,398
Other Assets Org$2,053,093--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phillip MorrowPresidentFT$233,944$33,480$267,424
Christie AlcidCFOFT$107,064$36,544$143,608

Board Members and Trustees

NameTitle
Steven Smithchairman
Anthony M Riccio Jrvice Chairman
Angelo AponteBoard Member
Arline ParksBoard Member
Awilda CorderoBoard Member
Demetric A DuckettBoard Member
Diana HernandezBoard Member
Edward OdomBoard Member
Hugh GrantBoard Member
Mark L CastleBoard Member
Robert AvaltroniBoard Member
Simon BergsonBoard Member
Takisia L WhitesBoard Member
Tracy WoodallBoard Member
mark willisboard Member
phillip banks jr iiiboard Member
Jean Smithsecretary
Karen McGuinnesstreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
cohnreznick llpaccounting1301 avenue of the americas, new york, NY 10019$164,888
Revenue and Support

Revenue Composition

Contributions and Grants
$7,202,738
Program Service Revenue
$2,629,600
Investment Income
$325,147
Other Revenue
$-44,094
All Other Contributions
$644,675
Change in Net Assets
$-330,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,321,187
Other Expenses$3,122,560
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,827,247$915,624-$5,742,871
Occupancy$558,009$322,584-$880,593
Payroll Taxes$505,284$113,090-$618,374
Other Employee Benefits$388,282$86,903-$475,185
Office Expenses$421,584$18,504-$440,088
Current Officers, Directors, Trustees, and Key Employees$346,181$67,060-$413,241
Depreciation Depletion$233,708$172,030-$405,738
Fees for Services Other$330,850--$330,850
Interest$104,688$74,737-$179,425
Conferences and Meetings$123,095$13,032-$136,127
Advertising$110,519$4,851-$115,370
Travel$78,794$8,341-$87,135
Pension Plan Contributions$58,437$13,079-$71,516
Fees for Services Accounting-$67,037-$67,037
Insurance$36,995$21,387-$58,382
Information Technology$6,185$271-$6,456
Fees for Services Legal-$6,405-$6,405
Other Expenses$717$28,771-$717
Total Functional Expenses$8,510,041$1,933,706$0$10,443,747
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$167,666
Fundraising Gross Income$67,998
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$105,650$47,383$25,000$22,383
Golf$41,019$20,615-$20,615
Total Events$146,669$67,998$167,666$-99,668
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
due to affiliates$906,515
advances from government agencies$417,595
Other Program Liabilities$163,055
security deposits$70,694
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

A draft copy of the 990 is provided to the organization's governing board. The board reviews the 990 and makes recommendations for changes. The board then approves the final return before it is submitted to the irs.

Form 990, Part VI, Section B, line 12C

ANNUALLY the president REVIEWS THE CONFLICT OF INTEREST POLICY AND QUESTIONAIRES WHICH ARE REQUIRED TO BE SIGNED BY ALL BOARD MEMBERS AND EMPLOYEES INCLUDING DIRECTORS, KEY EMPLOYEES AND OFFICERS. IF ANY CONFLICTS EXIST, THE PRESIDENT REPORTS ANY CONFLICTS TO THE BOARD CHAIRMAN. IF A CONFLICT EXISTS THE PARTY MUST RECUSE THEMSELVES FROM DELIBERATIONS.

Form 990, Part VI, Section B, line 15A

Throughout sobro, compensation is market-based and set at levels that attract qualified candidates for any given position, and encourage top performers to stay. Annually, the chairman of the board and the other members of the board's executive committee regularly review the ceo's overall effectiveness and performance against goals in the strategic plan. If the compensation is to be re-set, a memo is prepared in addition to documenting ceo's performance. The memo assures the board that the re-set compensation is 1) in line with the salaries being paid to the heads of new york-area not-for-profits with similar mission-related complexities, budgets and numbers of employees, and 2) within the ranges of reference sources such as the most-recent guidestar nonprofit compensation report. The report summarizes compensation data from other organizations irs form 990 filings by categories of not-for-profit officers.

Form 990, Part VI, Section C, line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
South Bronx Overall Economic
EIN
13-2736022
Phone
7182923113
Address
555 bergen avenue, bronx, NY 10455

Signing Officer

Name
Christie Alcid
Title
CFO
Phone
7182923113
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christie Alcid
Formed
1972
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
18
Employees
395
Volunteers
5

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

net assets transfered from Subsidiary 55,881.

form 990, part IV, line 12B:

This return has been prepared based on all available information at the time of filing. It is also based on unaudited financial statements. If any significant differences arise after this filing, this return will be amended to properly reflect the additional information.

Form 990, part V, line 2A:

EMPLOYEES ARE PAID THROUGH A THIRD PARTY common employer, Alpha Staff Group, inc (EIN: 65-0314170), AND DID NOT RECEIVE A W-2 FROM South Bronx OVerall Economic Development Corporation.

Raw XML AppendixShowing 400 of 896 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01076084
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0852043
IRS990/AccountsReceivableGrp/BOYAmt01184492
IRS990/AccountsReceivableGrp/EOYAmt0448760
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SBOEDC'S MISSION IS TO ENHANCE THE QUALITY OF LIFE IN THE SOUTH BRONX BY STRENGTHENING BUSINESSES AND CREATING INNOVATIVE ECONOMIC, HOUSING, EDUCATIONAL, AND CAREER DEVELOPMENT PROGRAMS FOR YOUTH AND ADULTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04851
IRS990/AdvertisingGrp/ProgramServicesAmt0110519
IRS990/AdvertisingGrp/TotalAmt0115370
IRS990/AllOtherContributionsAmt0644675
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTIE ALCID
IRS990/BooksInCareOfDetail/PhoneNum07187327510
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0555 BERGEN AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010455
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt015304
IRS990/CashNonInterestBearingGrp/EOYAmt071146
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt067060
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0346181
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0413241
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt013032
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0123095
IRS990/ConferencesMeetingsGrp/TotalAmt0136127
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0164888
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01301 avenue of the americas
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0new york
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd010019
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0cohnreznick llp
IRS990/ContractorCompensationGrp/ServicesDesc0accounting
IRS990/ContriRptFundraisingEventAmt078671
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07202738
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0325147
IRS990/CYOtherExpensesAmt03122560
IRS990/CYOtherRevenueAmt0-44094
IRS990/CYProgramServiceRevenueAmt02629600
IRS990/CYRevenuesLessExpensesAmt0-330356
IRS990/CYSalariesCompEmpBnftPaidAmt07321187
IRS990/CYTotalExpensesAmt010443747
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010113391
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04990
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0172030
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0233708
IRS990/DepreciationDepletionGrp/TotalAmt0405738
IRS990/Desc0The Youth Development and Education Department provided after-school, summer youth employment, and out-of-school youth services to 1,955 young people between the ages of 5 and 24. In-school and after-school programs assisted a total of 840 elementary, middle and high school students with homework and tutoring, college preparation, arts and cultural activities, and leadership development. Additionally, summer internships were provided to over 965 youth through our SYEP program and 150 for SYEP/WLG Program during the winter. Participants were provided academic support, career awareness training, work skills development, and leadership training. The SoBRO Transformation Academy, which is a combination of the YouthBuild Program and Young Adult Justice Scholars program, serves at-risk young adults to earn their High School Equivalency (HSE) diploma, learn construction and job-readiness skills, and resolve personal barriers to success with our Licensed Master Social Worker. This past fall, we also acquired a YouthBuild site in Harlem as well as a Starbucks Foundation and YouthBuild USA funded barista training program, which will provide additional vocational training opportunities for the out-of-school youth SoBRO served 83 participants last year. Young adults participating in the Transformation Academy continue to be offered entrepreneurial and vocational training opportunities, through our innovative social enterprises: SoBronx GRO Urban Farm where you learn about the basics of urban farming through the operation of a hydroponic rooftop farm and the SoBronx PrintShop, where youth learn screen printing and entrepreneurial concepts through the operation of a business located in the basement of Venture Center, SoBRO's small business incubator.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0395
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03951885
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt067037
IRS990/FeesForServicesAccountingGrp/TotalAmt067037
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06405
IRS990/FeesForServicesLegalGrp/TotalAmt06405
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0330850
IRS990/FeesForServicesOtherGrp/TotalAmt0330850
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt132.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt192.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1339.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1939.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1330350
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1936544
IRS990/Form990PartVIISectionAGrp/PersonNm0ANGELO APONTE
IRS990/Form990PartVIISectionAGrp/PersonNm1Anthony M Riccio Jr
IRS990/Form990PartVIISectionAGrp/PersonNm2Arline Parks
IRS990/Form990PartVIISectionAGrp/PersonNm3Awilda Cordero
IRS990/Form990PartVIISectionAGrp/PersonNm4Demetric A Duckett
IRS990/Form990PartVIISectionAGrp/PersonNm5Diana Hernandez
IRS990/Form990PartVIISectionAGrp/PersonNm6Edward Odom
IRS990/Form990PartVIISectionAGrp/PersonNm7Hugh Grant
IRS990/Form990PartVIISectionAGrp/PersonNm8Jean Smith
IRS990/Form990PartVIISectionAGrp/PersonNm9Karen McGuinness
IRS990/Form990PartVIISectionAGrp/PersonNm10Mark L Castle
IRS990/Form990PartVIISectionAGrp/PersonNm11mark willis
IRS990/Form990PartVIISectionAGrp/PersonNm12phillip banks jr iii
IRS990/Form990PartVIISectionAGrp/PersonNm13PHILLIP MORROW
IRS990/Form990PartVIISectionAGrp/PersonNm14Robert Avaltroni
IRS990/Form990PartVIISectionAGrp/PersonNm15Simon Bergson
IRS990/Form990PartVIISectionAGrp/PersonNm16Steven Smith
IRS990/Form990PartVIISectionAGrp/PersonNm17Takisia L Whites
IRS990/Form990PartVIISectionAGrp/PersonNm18Tracy Woodall
IRS990/Form990PartVIISectionAGrp/PersonNm19Christie Alcid
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13237074
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19107064
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19cfo
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01972
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt078671
IRS990/FundraisingDirectExpensesAmt0167666
IRS990/FundraisingGrossIncomeAmt067998
IRS990/GainOrLossGrp/OtherAmt0325000
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt06141675
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0325000
IRS990/GrossReceiptsAmt010281057
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0271
IRS990/InformationTechnologyGrp/ProgramServicesAmt06185
IRS990/InformationTechnologyGrp/TotalAmt06456
IRS990/InsuranceGrp/ManagementAndGeneralAmt021387
IRS990/InsuranceGrp/ProgramServicesAmt036995
IRS990/InsuranceGrp/TotalAmt058382
IRS990/IntangibleAssetsGrp/BOYAmt0179431
IRS990/IntangibleAssetsGrp/EOYAmt0169727
IRS990/InterestGrp/ManagementAndGeneralAmt074737
IRS990/InterestGrp/ProgramServicesAmt0104688
IRS990/InterestGrp/TotalAmt0179425
IRS990/InvestmentIncomeGrp/ExclusionAmt0147
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0147
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04897417
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04374183
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03256846
IRS990/LandBldgEquipCostOrOtherBssAmt08154263
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Our mission is to enhance the quality of life in the South Bronx by strengthening businesses and creating innovative economic, housing, educational, and career development programs for youth and adults.SoBRO was founded in 1972 by a group of business executives and community leaders. Our task was urgent: reverse the flight of businesses and jobs from the South Bronx. It was the first and most fundamental step toward rebuilding a community whose name evoked images of burned out buildings, crime, poverty and drugs. But as SoBRO began to evolve, it became clearer that community revitalization required a multi-faceted effort. Today, we address all aspects of community development: assisting businesses to get started and grow, training residents according to the needs of employers, offering opportunities for youth to learn and develop, and creating affordable housing and commercial space that reverses blight in the community.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04539722
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03941520
IRS990/NetAssetsOrFundBalancesBOYAmt03188744
IRS990/NetAssetsOrFundBalancesEOYAmt02914269
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0325000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0325000
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-99668
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-99668
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0322584
IRS990/OccupancyGrp/ProgramServicesAmt0558009
IRS990/OccupancyGrp/TotalAmt0880593
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt018504
IRS990/OfficeExpensesGrp/ProgramServicesAmt0421584
IRS990/OfficeExpensesGrp/TotalAmt0440088
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03127429
IRS990/OtherAssetsTotalGrp/EOYAmt03352911
IRS990/OtherChangesInNetAssetsAmt055881
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt086903
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0388282
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0475185
IRS990/OtherExpensesGrp/Desc0EQUIPMENT RENTAL AND MA
IRS990/OtherExpensesGrp/Desc1food
IRS990/OtherExpensesGrp/Desc2administration fee
IRS990/OtherExpensesGrp/Desc3Other
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt028771
IRS990/OtherExpensesGrp/ProgramServicesAmt0336960
IRS990/OtherExpensesGrp/ProgramServicesAmt141714
IRS990/OtherExpensesGrp/ProgramServicesAmt2792
IRS990/OtherExpensesGrp/ProgramServicesAmt3717
IRS990/OtherExpensesGrp/TotalAmt0365731
IRS990/OtherExpensesGrp/TotalAmt141714
IRS990/OtherExpensesGrp/TotalAmt2792
IRS990/OtherExpensesGrp/TotalAmt3717
IRS990/OtherLiabilitiesGrp/BOYAmt01306349
IRS990/OtherLiabilitiesGrp/EOYAmt01557859
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0reimbursement
IRS990/OtherRevenueMiscGrp/Desc1mbda center
IRS990/OtherRevenueMiscGrp/Desc2other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt027724
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt118075
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt29775
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt027724
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt118075
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt29775
IRS990/OtherRevenueTotalAmt055574
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0915624
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04827247
IRS990/OtherSalariesAndWagesGrp/TotalAmt05742871
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04346
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt016128
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0113090
IRS990/PayrollTaxesGrp/ProgramServicesAmt0505284
IRS990/PayrollTaxesGrp/TotalAmt0618374
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013079
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt058437
IRS990/PensionPlanContributionsGrp/TotalAmt071516
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01142538
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01870413
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt088166
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt079760
IRS990/PrincipalOfficerNm0Christie Alcid
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0Contracted services
IRS990/ProgramServiceRevenueGrp/Desc1Rental income
IRS990/ProgramServiceRevenueGrp/Desc2Management fees
IRS990/ProgramServiceRevenueGrp/Desc3Developer fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01499426
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1674623
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2380551

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$10.2$6.42$3.81$8.86$10.7$1.81
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.44$4.75$4.69$12.0$12.2$0.17
2021Detailed filing. Detailed filing data is available for this year.$11.3$4.88$6.39$9.49$8.35$1.14
2020Detailed filing. Detailed filing data is available for this year.$7.39$2.31$5.08$15.1$11.3$3.87
2019Detailed filing. Detailed filing data is available for this year.$5.68$4.48$1.20$14.5$12.7$1.78
2018Detailed filing. Detailed filing data is available for this year.$11.7$7.85$3.83$10.9$11.7$0.79
2017Detailed filing. Detailed filing data is available for this year.$8.81$6.69$2.12$10.4$11.2$0.80
2016Detailed filing. Detailed filing data is available for this year.$9.27$6.35$2.91$10.1$10.4$0.33
2015Detailed filing. Detailed filing data is available for this year.$10.1$6.93$3.19$8.91$9.73$0.81
2014Detailed filing. Detailed filing data is available for this year.$9.84$5.84$4.00$8.34$9.24$0.90
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$6.66$4.90$13.9$9.46$4.42
2012Summary only. Only limited summary data is available for this year.$9.01$8.73$0.28$8.95$9.42$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.68$8.92$0.76$11.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$9.38$1.06$10.7
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $10M-$25M nonprofits