Civic Intelligence

Bronx Council for Economic Development Local Development Corp

990EZ • Fiscal year 2016 • EIN 13-3870544

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

311 East 175th StreetBronx, NY 10457

(718) 829-2020

Siviq Scores

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

Liabilities / Assets

97th percentile

3.88x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • NTEE S20 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2016 filings • NTEE S20 • <$500k nonprofits • Source year 2016

Asset Growth

48th percentile

0.0%

Faster asset growth than 48% of similar nonprofits.

2016 filings • NTEE S20 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

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

Annualized from 2015 to 2016

Assets

Flat

$49,126

Flat from 2015

Net Assets

Flat

-$141,309

Flat from 2015

Liabilities

Flat

$190,435

Flat from 2015

Revenue

Flat

$0

Flat from 2015

Expenses

Flat

$0

Flat from 2015

Net Income

Flat

$0

Flat from 2015

Historical Trend

Balance Sheet Trend

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

2016

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

Operations Trend

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

2016

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
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.-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
IRIS W RAMIREZCahir-$0--
HENRY COMASVice Chair-$0--
GLORIA DELGADOSecretary-$0--
EDNA QUINONESTreasurer-$0--
JOSE ENCARNACIONMember-$0--
MARIA RIVERAMember-$0--
EDEL BORREROMember-$0--
ERICA Y MARTINEZMember-$0--
Filing and Contact Details

Filer

Filer Name
Bronx Council for Economic Development Inc
EIN
13-3870544
In Care Of
% MILTON A DERIENZO CPA
Phone
7188292020
Address
311 East 175th Street, Bronx, NY 10457

Signing Officer

Name
Milton a Derienzo CPA Cgma
Title
CFO
Phone
7188292020
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Joseph Perez
Phone
7328281614
Supplemental Narrative

Additional Explanations

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:2352 EOY Amount:2352

Form 990EZ Part II Line 26

Description:INTERCOMPANY SYSTEMS BOY Amount:58809 EOY Amount:58809

Raw XML Appendix179 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:OTHER ASSETS BOY Amount:6450 EOY Amount:6450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:INTERCOMPANY PAYABLE - ACACIA BOY Amount:26088 EOY Amount:26088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:INTERCOMPANY PASO BOY Amount:2352 EOY Amount:2352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:INTERCOMPANY SYSTEMS BOY Amount:58809 EOY Amount:58809
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART II LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART II LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART II LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART II LINE 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MILTON A DERIENZO CPA CGMA
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ReturnHeader/BusinessOfficerGrp/PhoneNum07188292020
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
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ReturnHeader/Filer/EIN0133870544
ReturnHeader/Filer/InCareOfNm0% MILTON A DERIENZO CPA
ReturnHeader/Filer/PhoneNum07188292020
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.226.125.50
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE TOWER CENTER BLVD 14TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008816
ReturnHeader/PreparerPersonGrp/PhoneNum07328281614
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph Perez
ReturnHeader/ReturnTs02017-11-14T12:37:52-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings