SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION (EIN 13-2736022)
- Tax period
- 2015-04-01 to 2016-03-31
- Filed
- 2017-02-14
- IRS object ID
- 201730459349302388
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-14T13:26:29-06:00 | ReturnTs |
| Tax Period End | 2016-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132736022 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTH BRONX OVERALL ECONOMIC | BusinessNameLine1Txt |
| Business Name Line2 | DEVELOPMENT CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 7182923113 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 bergen avenue | AddressLine1Txt |
| City | bronx | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10455 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Christie Alcid | PersonNm |
| Person Title | CFo | PersonTitleTxt |
| Phone | 7182923113 | PhoneNum |
| Signature | 2017-02-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS LANNING | PreparerPersonNm |
| PTIN | P00851654 | PTIN |
| Phone | 2122970400 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Christie Alcid | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 bergen avenue | AddressLine1Txt |
| City | bronx | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10455 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,281,057 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SOBRO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 395 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,479,248 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,202,738 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,312,990 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,629,600 | CYProgramServiceRevenueAmt |
| PY Investment Income | $564 | PYInvestmentIncomeAmt |
| CY Investment Income | $325,147 | CYInvestmentIncomeAmt |
| PY Other Revenue | $119,224 | PYOtherRevenueAmt |
| CY Other Revenue | -$44,094 | CYOtherRevenueAmt |
| PY Total Revenue | $8,912,026 | PYTotalRevenueAmt |
| CY Total Revenue | $10,113,391 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $6,594,679 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $7,321,187 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,130,871 | PYOtherExpensesAmt |
| CY Other Expenses | $3,122,560 | CYOtherExpensesAmt |
| PY Total Expenses | $9,725,550 | PYTotalExpensesAmt |
| CY Total Expenses | $10,443,747 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$813,524 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$330,356 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,115,889 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,265,691 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $6,927,145 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,351,422 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,188,744 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,914,269 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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.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. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,951,885 | ExpenseAmt |
| Desc | The 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. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,545,950 | ExpenseAmt |
| Revenue | $18,075 | RevenueAmt |
| Desc | The Procurement and Technical Assistance (PTAC) helped local businesses to secure lucrative government contracts. SoBRO's procurement and minority business programs maintains 271 active business clients, recruited 214 new clients, provided 42 workshops and special events, and helped clients secure $21,578,362.84 worth of contracts. In FY2016, the M/WBE Team (which includes MWBE Leadership Assistance and Technical Assistance) held 220 one-on-one sessions, 30 workshops, 29 standard M/WBE certification submissions, assisted with 10 recertification applications, and facilitated 33 referrals.The Minority Business Center Bronx provides core business services such as global business development, access to capital, access to contracts, access to markets, and strategic business consulting. Over the three-year period, the Center assisted clients in accessing: $348 million in financing transactions, $82 million in contracting and procurement opportunities, served over 348 customers, referred 157 clients to other services, impacted 532 new jobs, and retained 765 jobs as a result of it services, and facilitated over nine strategic business transactionsOur Industrial Business Zone programs helped five clients secure $210,000 in financing, we hosted events for 50 attendees, helped 11 clients access incentives, and we assisted 17 clients with the startup and launch of projects.SoBRO services three Brownfield Opportunity Area contracts (Port Morris Harlem River, Port Morris East River, and Eastchester) and the EPA Bronx River-Sheridan Expressway Corridor. The programs continue to survey thousands of residents, catalog and inventory properties (61), hold community visioning sessions (7), and interview hundreds of residents. Additionally, 43 small group meetings were held, 11 steering committee meetings, and engaged over 60,000 through digital communications. Other projects include a new OCS funding to leverage our partnerships with the South Bronx business community that help to increase access to healthier food options and create employment opportunities. The initiative consists of a collaboration between SoBRO, the South Bronx based United Business Cooperative (UBC), and BORN Corp., the first cold-pressed juice bar and health food eatery in the South Bronx. This initiative employs holistic approach that incorporates community engagement, technical assistance to partner businesses, and job creation. Additionally, SoBRO is still involved in the Protection Green Infrastructure Program, and the ongoing development of the Roberto Clemente Plaza. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,334,825 | ExpenseAmt |
| Desc | The Community and Economic Development Department (CED) administers an array of programs that seek to make a lasting impact on the economic, physical, and social fabric of our community. CED provided property management services in the Bronx and Upper Manhattan, and business assistance services to hundreds of new and existing clients. SoBRO's Business Incubator, The Venture Center, has also provided an affordable working space for businesses to operate and grow and has an occupancy rate of 98%.The department also provides an extensive range of commercial and industrial business incentives through partnerships with government agencies to attract investment and ensure that existing businesses can thrive. The department continued to successfully operate many programs that have attracted thousands of jobs, hundreds of businesses, and hundreds of millions of dollars in investment to the South Bronx throughout SoBRO's history. To date, SoBRO's Entrepreneurial Assistance Program, through the NYS Empire State Development Corporation to date, has provided intensive services to 22 new clients and 12 existing clients for the 2016 contract year, resulting in 6 firms with increased aggregate sales, $347,208 in accessed financing, 14 new employees hired, 7 financial packages developed, and 9 completed business plans. Additionally, 10 student entrepreneurs graduated from the 20-session Business Training Class, which was offered annually at SoBRO. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| ExpenseExpenseAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|
| $772,850 | In FY2016 SoBRO has provided career development services to hundreds of individuals, placing them into employment, and delivering job-readiness training, which included a customer service training component and nationally-recognized certification in customer service. SoBRO's outcomes for adult education classes have consistently surpassed program evaluation targets. During this past contract period, SoBRO has achieved the following:- Held two ABE and one High School Equivalency classes, serving 61 students - Held two English as a second Language classes: serving 43 students - Tutored 22 students: - Held two Spanish classes, serving 37 students :- 280 participants received the services of our Workforce Development division - 177 successfully received credentials- 204 received job entries (Training & Direct) | |
| $71,178 | SoBRO has more than a decade of experience developing and managing commercial and residential properties, evidenced by our portfolio of over 700 units of affordable and market-rate housing and hundreds of thousands of square feet of commercial, industrial and office space in the Bronx and Upper Manhattan currently valued at a total of over $106 million. SoBRO's housing development efforts include rehabilitating existing buildings and creating new buildings in vacant space to transform blighting influences into beautiful and viable spaces for living and working. One of SoBRO's goals, and part of our comprehensive strategy for community development, is to increase the availability of owner-occupied and rental housing for low- and moderate-income families. To this end, we build new housing, rehabilitate vacant properties, prevent deteriorating housing stock from becoming abandoned, and generate home ownership opportunities. SoBRO currently has approximately 671 units in its pipeline, at various stages of development. SoBRO builds attractive, high-quality, affordable apartments that offer residents a pleasant living environment of which they can feel proud. Our high performance buildings are constructed to NYSERDA and Enterprise Green Communities specifications, making them affordable and environmentally sound. | $2,954,600 |
| $833,353 | SoBRO began working with a group of 40 immigrant-owned small restaurant owners in the spring of 2014 to establish the United Business Cooperative (UBC), with the initial objective to offset the disproportionately high operating costs small restaurants face in meeting the requirements of increasing regulations. Through the THRIVE Competition with NYC Economic Development Corporation, SoBRO has helped the UBC create a business plan for combining operations which will include collective purchasing, storage, and distribution. Additionally, a recently awarded grant from the U.S. Department of Agriculture through the Local Foods Promotion Program will allow the UBC to determine the economic feasibility of incorporating locally-grown produce into their menus. | $37,499 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,677,381 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $2,992,099 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $8,510,041 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 35 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 395 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRISTIE ALCID | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7187327510 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 BERGEN AVENUE | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10455 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| ANGELO APONTE | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Anthony M Riccio Jr | |||||||
| vice Chairman | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Arline Parks | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Awilda Cordero | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Demetric A Duckett | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Diana Hernandez | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Edward Odom | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Hugh Grant | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Jean Smith | |||||||
| secretary | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Karen McGuinness | |||||||
| treasurer | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Mark L Castle | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| mark willis | |||||||
| board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| phillip banks jr iii | |||||||
| board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PHILLIP MORROW | |||||||
| President | 39.00 | 2.30 | Yes (X) | $237,074 | $0 | $30,350 | Yes (X) |
| Robert Avaltroni | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Simon Bergson | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Steven Smith | |||||||
| chairman | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Takisia L Whites | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Tracy Woodall | |||||||
| Board Member | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Christie Alcid | |||||||
| cfo | 39.00 | 2.30 | $107,064 | $0 | $36,544 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $344,138 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $66,894 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | cohnreznick llp | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 avenue of the americas | AddressLine1Txt |
| City | new york | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | accounting | ServicesDesc |
| Compensation | $164,888 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $78,671 | FundraisingAmt |
| Related Organizations | $337,717 | RelatedOrganizationsAmt |
| Government Grants | $6,141,675 | GovernmentGrantsAmt |
| All Other Contributions | $644,675 | AllOtherContributionsAmt |
| Total Contributions | $7,202,738 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Contracted services | 531110 | $1,499,426 | $1,499,426 |
| Rental income | 531110 | $674,623 | $674,623 |
| Management fees | 531110 | $380,551 | $380,551 |
| Developer fees | 531110 | $75,000 | $75,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,629,600 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $147 | TotalRevenueColumnAmt |
| Exclusion | $147 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $325,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $325,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $325,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $325,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $67,998 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $78,671 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $167,666 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$99,668 | TotalRevenueColumnAmt |
| Exclusion | -$99,668 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| reimbursement | 900099 | $27,724 | $27,724 |
| mbda center | 900099 | $18,075 | $18,075 |
| other | 900099 | $9,775 | $9,775 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $55,574 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,113,391 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,010,174 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$99,521 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $413,241 | TotalAmt |
| Program Services | $346,181 | ProgramServicesAmt |
| Management And General | $67,060 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,742,871 | TotalAmt |
| Program Services | $4,827,247 | ProgramServicesAmt |
| Management And General | $915,624 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,516 | TotalAmt |
| Program Services | $58,437 | ProgramServicesAmt |
| Management And General | $13,079 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $475,185 | TotalAmt |
| Program Services | $388,282 | ProgramServicesAmt |
| Management And General | $86,903 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $618,374 | TotalAmt |
| Program Services | $505,284 | ProgramServicesAmt |
| Management And General | $113,090 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,405 | TotalAmt |
| Management And General | $6,405 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,037 | TotalAmt |
| Management And General | $67,037 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $330,850 | TotalAmt |
| Program Services | $330,850 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,370 | TotalAmt |
| Program Services | $110,519 | ProgramServicesAmt |
| Management And General | $4,851 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $440,088 | TotalAmt |
| Program Services | $421,584 | ProgramServicesAmt |
| Management And General | $18,504 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,456 | TotalAmt |
| Program Services | $6,185 | ProgramServicesAmt |
| Management And General | $271 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $880,593 | TotalAmt |
| Program Services | $558,009 | ProgramServicesAmt |
| Management And General | $322,584 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,135 | TotalAmt |
| Program Services | $78,794 | ProgramServicesAmt |
| Management And General | $8,341 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,127 | TotalAmt |
| Program Services | $123,095 | ProgramServicesAmt |
| Management And General | $13,032 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,425 | TotalAmt |
| Program Services | $104,688 | ProgramServicesAmt |
| Management And General | $74,737 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,738 | TotalAmt |
| Program Services | $233,708 | ProgramServicesAmt |
| Management And General | $172,030 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,382 | TotalAmt |
| Program Services | $36,995 | ProgramServicesAmt |
| Management And General | $21,387 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EQUIPMENT RENTAL AND MA | $365,731 | $336,960 | $28,771 |
| food | $41,714 | $41,714 | |
| administration fee | $792 | $792 | |
| Other | $717 | $717 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,443,747 | TotalAmt |
| Program Services | $8,510,041 | ProgramServicesAmt |
| Management And General | $1,933,706 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,304 | BOYAmt |
| EOY | $71,146 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,142,538 | BOYAmt |
| EOY | $1,870,413 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,184,492 | BOYAmt |
| EOY | $448,760 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,346 | BOYAmt |
| EOY | $16,128 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,166 | BOYAmt |
| EOY | $79,760 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $8,154,263 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,897,417 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,374,183 | BOYAmt |
| EOY | $3,256,846 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,431 | BOYAmt |
| EOY | $169,727 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,127,429 | BOYAmt |
| EOY | $3,352,911 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,115,889 | BOYAmt |
| EOY | $9,265,691 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,076,084 | BOYAmt |
| EOY | $852,043 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,990 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,539,722 | BOYAmt |
| EOY | $3,941,520 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,306,349 | BOYAmt |
| EOY | $1,557,859 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,927,145 | BOYAmt |
| EOY | $6,351,422 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,993,942 | BOYAmt |
| EOY | $2,719,467 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $194,802 | BOYAmt |
| EOY | $194,802 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,188,744 | BOYAmt |
| EOY | $2,914,269 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,115,889 | BOYAmt |
| EOY | $9,265,691 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$330,356 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $55,881 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,506,254 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,736,913 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,027,238 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,479,248 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,202,738 | CurrentTaxYearAmt |
| Total | $28,952,391 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,506,254 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,736,913 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,027,238 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,479,248 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,202,738 | CurrentTaxYearAmt |
| Total | $28,952,391 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $28,952,391 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,015 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,050 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $564 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $147 | CurrentTaxYearAmt |
| Total | $39,776 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $164,262 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $232,980 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $286,412 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $271,684 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $123,572 | CurrentTaxYearAmt |
| Total | $1,078,910 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $30,071,077 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $15,451,816 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.96280 | PublicSupportCY170Pct |
| Public Support PY170 | 0.95440 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | FUNDRAISING - 2011 Amount: $ 59,335. 2012 Amount: $ 125,477. 2013 Amount: $ 91,207. 2014 Amount: $ 95,040. 2015 Amount: $ 67,998. other revenue - 2011 Amount: $ 104,927. 2012 Amount: $ 107,503. 2013 Amount: $ 188,655. 2014 Amount: $ 157,564. 2015 Amount: $ 9,775. expo - 2013 Amount: $ 6,550. idajcp landfill development - 2014 Amount: $ 10,350. background checks - 2014 Amount: $ 8,730. Reimbursement - 2015 Amount: $ 27,724. MBDA Center - 2015 Amount: $ 18,075. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $133,345 | OtherCostOrOtherBasisAmt |
| Book Value | $133,345 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,273,729 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,555,074 | DepreciationAmt |
| Book Value | $2,718,655 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,398 | OtherCostOrOtherBasisAmt |
| Depreciation | $12,537 | DepreciationAmt |
| Book Value | $10,861 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $597,346 | OtherCostOrOtherBasisAmt |
| Depreciation | $329,806 | DepreciationAmt |
| Book Value | $267,540 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $126,445 | OtherCostOrOtherBasisAmt |
| Book Value | $126,445 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $3,256,846 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| security deposits | $45,143 |
| restricted cash | $75,000 |
| Developer Fees Receivable | $1,122,124 |
| Deferred Commercial Rents Receivable | $57,551 |
| due from affiliates | $2,053,093 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $3,352,911 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| due to affiliates | $906,515 |
| advances from government agencies | $417,595 |
| security deposits | $70,694 |
| Other Program Liabilities | $163,055 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,557,859 | TotalLiabilityAmt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BROWN WYNN AGENCY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 PALISADE AVENUE SUITE 409 | AddressLine1Txt |
| City | FORT LEE | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07024 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | EVENT PLANNING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $105,650 | GrossReceiptsAmt |
| Retained By Contractor | $25,000 | RetainedByContractorAmt |
| Net To Organization | $80,650 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $105,650 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $25,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $80,650 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Gala | Event1Nm |
| Gross Receipts Event1 | $105,650 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $58,267 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $47,383 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $114,403 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $13,105 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $25,000 | OtherDirectExpensesEvent1Amt |
| Event2 | Golf | Event2Nm |
| Gross Receipts Event2 | $41,019 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $20,404 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $20,615 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $15,158 | RentFacilityCostsEvent2Amt |
| Gross Receipts Total | $146,669 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $78,671 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $67,998 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $129,561 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $13,105 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $25,000 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $167,666 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$99,668 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILLIP MORROW | PersonNm |
| Title | President | TitleTxt |
| Base Compensation Filing Org | $233,944 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $3,130 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $14,440 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $15,910 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $267,424 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part II, Column B(III): | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT REPORTED IN BOLUMN B(III) REPRESENTS AN AUTO ALLOWANCE FOR PHILLIP MORROW. THIS AMOUNT WAS REPORTED oN HIS 2015 W-2. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
| 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. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| CREDIT INC | ||||||||||
| 555 BERGEN AVENUE | bronx | NY | 10455 | 133790222 | FINANCIAL SERVICES | NY | 501(c)(3) | Line 7 | SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPoration | Yes (1) |
| SOBRO DEVELOPMENT CORPORATION | ||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 133157572 | DEVELOPMENT | NY | 501(c)(3) | Line 9 | SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPoration | Yes (1) |
| SOBRO LOCAL DEVELOPMENT CORPORATION | ||||||||||
| 555 BERGEN AVENUE | bronx | NY | 10455 | 132943228 | DEVELOPMENT | NY | 501(c)(3) | Line 9 | SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPoration | Yes (1) |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| Bronx NY East 188th Street Apartments LP | |||||||
| 555 BERGEN AVENUE | bRONX | NY | 10455 | 453636766 | dEVELOPMENT | NY | N/A |
| Bronx East 188th street apartments llc | |||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 453636705 | DEVELOPMENT | NY | N/A |
| BUFNY II Associates LP | |||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 134026540 | DEVELOPMENT | NY | N/A |
| Jasmine Court Associates LLC | |||||||
| 555 BERGEN AVENUE | bRONX | NY | 10455 | 043728664 | dEVELOPMENT | NY | N/A |
| Longwood Apartments LP | |||||||
| 555 BERGEN AVENUE | bRONX | NY | 10455 | 113666386 | dEVELOPMENT | NY | N/A |
| WOODYCREST LP | |||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 030436382 | DEVELOPMENT | NY | N/A |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | OwnershipOwnershipPct | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| East 188th Street Apt HDFC | |||||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 452942756 | DEVELOPMENT | NY | N/A | C | 0 | ||||
| East 188th Street Apt Inc | |||||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 453621216 | DEVELOPMENT | NY | N/A | C | 0 | ||||
| JASMINE COURT HOUSING DEVELOPMENT FUND CORPORATION | |||||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 043728665 | DEVELOPMENT | NY | C | Yes (1) | SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPoration | 1.00000 | |||
| LONGWOOD APARTMENTS HOUSING DEVELOPMENT FUND CORPORATION | |||||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | DEVELOPMENT | NY | C | Yes (1) | SOUTH BRONX OVERALL ECONOMIC Development Corporation | 1.00000 | ||||
| SoBRO Gateway HDFC | |||||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | DEVELOPMENT | NY | C | Yes (1) | SOUTH BRONX OVERALL ECONOMIC Development Corporation | 1.00000 | $292,460 | $5,207,167 | ||
| SOBRO Lenox Corp | |||||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 432072406 | DEVELOPMENT | NY | C | Yes (1) | SOUTH BRONX OVERALL ECONOMIC Development Corporation | 1.00000 | |||
| SOBRO MONROE COURT HOUSING DEVELOPMENT FUND CORP | |||||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | DEVELOPMENT | NY | N/A | C | 0 | |||||
| WOODYCREST HOUSING DEVELOPMENT FUND CORP | |||||||||||||
| 555 BERGEN AVENUE | BRONX | NY | 10455 | 562364943 | DEVELOPMENT | NY | C | Yes (1) | SOUTH BRONX OVERALL ECONOMIC Development Corporation | 1.00000 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |