Community Improvement & Capacity Building
South Bronx Overall Economic Development Corporation
BRONX, NY
Total revenue
$8.9M
Total expenses
$10.7M
Net assets
$3.8M
Grants received
$3.4M
23 grants
EIN
132736022
Tax year
2022
Mission
To enhance the quality of life in the south bronx by strengthening businesses and creating innovative economic, housing, educational and career development programs.
Programs
3 programs
Sobro has more than two decades of experience developing and managing commercial and residential properties, evidenced by our portfolio of over 450 units of affordable and market rate housing and over 120,000 square feet of commercial, industrial, and office space in the bronx and upper manhattan. 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 develoment is to increase the availability of rental housing for low and moderate-income families. To this end, we build new housing, rehabilitate vacant properties, and prevent deteriorating housing stock from becoming abandoned.
In fy2021, sobro provided career development services to hundred 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.
Industrial development and job creation community and technical assistance
Financials
FY 2022
Revenue
Expenses
People
18 listed
LOURDES ZAPATA
PRESIDENT & CEO
$245K
32 hrs/wk
DELILAH TYSON
CAO
$136K
32 hrs/wk
ROBBIN FINNEY-GRANSTON
SVP PROGRAMS
$103K
32 hrs/wk
ANTHONY M RICCIO JR
SECRETARY
—
1 hrs/wk
MARK WILLIS
TREASURER
—
1 hrs/wk
TIFFANI HINDS
BOARD MEMBER
—
1 hrs/wk
MAYRA LINARES-GARCIA
BOARD MEMBER
—
1 hrs/wk
HUGH GRANT
BOARD MEMBER
—
1 hrs/wk
PLINIO AYALA
BOARD MEMBER
—
1 hrs/wk
MARK L CASTLE
BOARD CHAIR
—
1 hrs/wk
WILLIAM BILL BOLLINGER
BOARD MEMBER
—
1 hrs/wk
CONOR MCCARTHY
BOARD MEMBER
—
1 hrs/wk
JENNIFER RIVERA
BOARD MEMBER
—
1 hrs/wk
PATRICIA NIA ROCK
BOARD MEMBER
—
1 hrs/wk
PRISCA SALAZAR-RODRIGUEZ
BOARD MEMBER
—
1 hrs/wk
LAUREN GEORGE
BOARD MEMBER
—
1 hrs/wk
ARLINE PARKS
VICE CHAIR
—
1 hrs/wk
KAREN MCGUINNESS
VICE CHAIR
—
1 hrs/wk
Independent contractors
CAREY & CO
ACCOUNTING
DS410 LLC
IT SERVICES
KOSZYN AND COMPANY
FUNDRAISING
TRUE DEVELOPMENT
PROPERTY CONSULTING
Grants received
Showing 23 of 23
Funded by
$3.4M from 11 funders · 23 grants · 2016–2023
$1.3M · 7 grants · 2017–2023
$910K · 3 grants · 2016–2017
$540K · 3 grants · 2022–2023
$250K · 1 grant · 2022
$165K · 2 grants · 2020–2022
$123K · 1 grant · 2017
$50K · 1 grant · 2021
$38K · 1 grant · 2018