Civic Intelligence

Bronx Council for Economic Development Local Development Corp

990EZ • Fiscal year 2014 • EIN 13-3870544

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 31, 2015

Organization ProfileWWW.BRONXCENTRALCOUNCIL.ORG
311 East 175th StreetSuiteBronx, NY 10457

(718) 829-2020

Siviq Scores

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

Liabilities / Assets

98th percentile

3.88x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • NTEE S20 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2014

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

2014 filings • NTEE S20 • <$500k nonprofits • Source year 2014

Asset Growth

30th percentile

-5.4%

Faster asset growth than 30% of similar nonprofits.

2014 filings • NTEE S20 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$49,126

Down $2,805 (-5.4%) from 2013

Net Assets

Down

-$141,309

Down $11,329 (-8.7%) from 2013

Liabilities

Up

$190,435

Up $8,524 (+4.7%) from 2013

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2013

Expenses

Down

$11,329

Down $5,974 (-35%) from 2013

Net Income

Up

-$11,329

Up $5,974 (+35%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

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

$300K$200K$100K$0-$100K-$200KAssets 2010: $77,687Liabilities 2010: $208,349Net Assets 2010: -$130,6622010Assets 2011: $80,793Liabilities 2011: $79,901Net Assets 2011: $8922011Assets 2012: $56,404Liabilities 2012: $169,081Net Assets 2012: -$112,6772012Assets 2013: $51,931Liabilities 2013: $181,911Net Assets 2013: -$129,9802013Assets 2014: $49,126Liabilities 2014: $190,435Net Assets 2014: -$141,3092014Assets 2015: $49,126Liabilities 2015: $190,435Net Assets 2015: -$141,3092015Assets 2016: $49,126Liabilities 2016: $190,435Net Assets 2016: -$141,3092016Assets 2017: $49,125Liabilities 2017: $190,434Net Assets 2017: -$141,3092017

Highlighted filing

2014

Assets$49,126
Liabilities$190,435
Net Assets-$141,309
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100K-$200KRevenue 2010: $14,176Expenses 2010: $171,409Net Income 2010: -$157,2332010Expenses 2011: $79,9262011Expenses 2012: $133,3002012Revenue 2013: $0Expenses 2013: $17,303Net Income 2013: -$17,3032013Revenue 2014: $0Expenses 2014: $11,329Net Income 2014: -$11,3292014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017

Highlighted filing

2014

Revenue$0
Expenses$11,329
Net Income-$11,329
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 31, 2015
Return Version
2014v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

Our mission is to encourage and facilitate a dialogue between the diverse bronx business communities, and its residents, that leads to community and economic empowerment. The council firmly believes that small businesses are the foundation of economic stability in their communities. As such, the council proves the framework and support mechanism for community and economic empowerment through advice, technical and financial assistance, development of targeted community projects, and production of community events.

Program Services

DescriptionGrantsExpenses
LOCAL AREA ECONOMIC DEVELOPMENT - TO ENCOURAGE AND FACILITATE A DIALOGUE BETWEEN THE DIVERSE BRONX BUSINESS COMMUNITIES, AND ITS RESIDENTS, THAT LEADS TO COMMUNITY AND ECONOMIC EMPOWERMENT.-$11,329
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MILAGROS BAEZ O'TOOLEMember-$0--
MARIO DELLAPINAMember-$0--
EDUARDO ALAYONMember-$0--
ROBERT SANCHOActing Chairman-$0--
MARIA RIVERAMember-$0--
Filing and Contact Details

Filer

Filer Name
Bronx Council for Economic Development Inc
EIN
13-3870544
In Care Of
% TOMAS DELRIO
Phone
7188292020
Address
311 EAST 175TH STREET, Suite, BRONX, NY 10457

Signing Officer

Name
Robert Sancho
Title
Acting Chair
Phone
7188292020
Signed
2015-08-31
Discuss with paid preparer
Yes

Preparer

Firm
WithumSmithBrown PC
Address
1 SPRING STREET, NEW BRUNSWICK, NJ 08901
Preparer
Joseph Perez
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

“Description:FILING FEES Amount:60”

Form 990EZ Part II Line 24

“Description:OTHER ASSETS BOY Amount:6450 EOY Amount:6450”

Form 990EZ Part II Line 26

“Description:INTERCOMPANY PAYABLE - ACACIA BOY Amount:26088 EOY Amount:26088”

Form 990EZ Part II Line 26

“Description:INTERCOMPANY PASO BOY Amount:2602 EOY Amount:2352”

Form 990EZ Part II Line 26

“Description:INTERCOMPANY SYSTEMS BOY Amount:58009 EOY Amount:58809”

Raw XML Appendix166 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum07182991100
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRONX
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010457
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-11329
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03175
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-129980
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-141309
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-141309
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MILAGROS BAEZ O'TOOLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIO DELLAPINA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EDUARDO ALAYON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ROBERT SANCHO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARIA RIVERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3ACTING CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt039790
IRS990EZ/OtherAssetsTotalDetail/EOYAmt043297
IRS990EZ/OtherExpensesTotalAmt08154
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OUR MISSION IS TO ENCOURAGE AND FACILITATE A DIALOGUE BETWEEN THE DIVERSE BRONX BUSINESS COMMUNITIES, AND ITS RESIDENTS, THAT LEADS TO COMMUNITY AND ECONOMIC EMPOWERMENT. THE COUNCIL FIRMLY BELIEVES THAT SMALL BUSINESSES ARE THE FOUNDATION OF ECONOMIC STABILITY IN THEIR COMMUNITIES. AS SUCH, THE COUNCIL PROVES THE FRAMEWORK AND SUPPORT MECHANISM FOR COMMUNITY AND ECONOMIC EMPOWERMENT THROUGH ADVICE, TECHNICAL AND FINANCIAL ASSISTANCE, DEVELOPMENT OF TARGETED COMMUNITY PROJECTS, AND PRODUCTION OF COMMUNITY EVENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LOCAL AREA ECONOMIC DEVELOPMENT - TO ENCOURAGE AND FACILITATE A DIALOGUE BETWEEN THE DIVERSE BRONX BUSINESS COMMUNITIES, AND ITS RESIDENTS, THAT LEADS TO COMMUNITY AND ECONOMIC EMPOWERMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011329
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0181911
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0190435
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011329
IRS990EZ/TotalProgramServiceExpensesAmt011329
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BRONXCENTRALCOUNCIL.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0211000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0245100
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0480
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0480
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0576
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01536
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94200
IRS990ScheduleA/PublicSupportPY170Pct00.99486
IRS990ScheduleA/PublicSupportTotal170Amt0232332
IRS990ScheduleA/SubstantialContributorsTotAmt012768
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0211000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0245100
IRS990ScheduleA/TotalSupportAmt0246636
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:FILING FEES Amount:60
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:OTHER ASSETS BOY Amount:6450 EOY Amount:6450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:INTERCOMPANY PAYABLE - ACACIA BOY Amount:26088 EOY Amount:26088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:INTERCOMPANY PASO BOY Amount:2602 EOY Amount:2352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:INTERCOMPANY SYSTEMS BOY Amount:58009 EOY Amount:58809
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART II LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART II LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART II LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART II LINE 26
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SANCHO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0ACTING CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07188292020
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bronx Council for Economic Development Inc
ReturnHeader/Filer/BusinessNameControlTxt0BRON
ReturnHeader/Filer/EIN0133870544
ReturnHeader/Filer/InCareOfNm0% TOMAS DELRIO
ReturnHeader/Filer/PhoneNum07188292020
ReturnHeader/Filer/USAddress/AddressLine1Txt0311 EAST 175TH STREET
ReturnHeader/Filer/USAddress/AddressLine2Txt0Suite
ReturnHeader/Filer/USAddress/CityNm0BRONX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010457
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WithumSmithBrown PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 SPRING STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008901
ReturnHeader/PreparerPersonGrp/PhoneNum07328281614
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph Perez
ReturnHeader/ReturnTs02015-09-09T12:01:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$49,126
Liabilities
$190,435
Net assets
-$141,309
Revenue
$0
Expenses
$11,329
Net income
-$11,329
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.49$1.90$1.41$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.49$1.90$1.41$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.49$1.90$1.41$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.49$1.90$1.41$0.00$0.11$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.52$1.82$1.30$0.00$0.17$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$1.69$1.13$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.80$0.01$0.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$2.08$1.31$0.14$1.71$1.57