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Sobro Local Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132943228 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Sobro Local Development Corporation?

Sobro Local Development Corporation, based in the Bronx, New York, primarily focuses on fostering the growth, preservation, and expansion of businesses within the South Bronx community. This nonprofit organization actively encourages industry and commerce development within its local area, working tirelessly to retain existing establishments and facilitate their expansion.


Official website here: www.sobro.org

Is Sobro Local Development Corporation legitimate?

Sobro Local Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sobro Local Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sobro.org

What is the mission statement of Sobro Local Development Corporation?

The Sobro Local Development Corporation encourages the growth and expansion of industry and commerce primarily within its community. Its mission is centered around promoting the development, retention, and expansion of businesses, with a focus on the South Bronx area. This organization works towards fostering a thriving economic environment, contributing to the overall development and prosperity of the specified community.


Official website here: www.sobro.org

Who is the CEO of Sobro Local Development Corporation?

Lourdes Zapata is the Board Chair of Sobro Local Development Corporation. The CEO's salary of Sobro Local Development Corporation is $0 and their total compensation is $234,182.


Official website here: www.sobro.org

What is the revenue of Sobro Local Development Corporation?

Sobro Local Development Corporation's revenue in 2022 was $47,050.


Official website here: www.sobro.org

Who are the executives of Sobro Local Development Corporation and what are their salaries?

Here are 20 key members and their salaries (Sobro Local Development Corporation's CEO's salary is $0 and their total compensation is $234,182):

    Lourdes Zapata (President & Ceo)
  • Compensation: $0
  • Related: $225,219
  • Other: $8,963

    • Delilah Tyson (Cao)
  • Compensation: $0
  • Related: $124,269
  • Other: $42

    • Tonia Elvin (Cfo)
  • Compensation: $0
  • Related: $113,315
  • Other: $8,381

    • Mark L Castle (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Smith (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arline Parks (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Mcguinness (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony M Riccio Jr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Simon Bergson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mayra Linares-Garcia (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hugh Grant (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Willis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Plinio Ayala (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffani Blake (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Bill Bollinger (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Conor Mccarthy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Mckissack (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Rivera (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Nia Rock (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Prisca Salazar-Rodriguez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sobro.org

    Where can I find the form 990 for Sobro Local Development Corporation?

    The Sobro Local Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sobro.org

    Learn more at the official website: www.sobro.org

    Mission Statement of Sobro Local Development Corporation

    Sobro Local Development Corporation, a nonprofit organization, encourages the growth, preservation, and expansion of businesses primarily within the South Bronx community. Its mission is centered around fostering an environment that attracts and retains industries, thus stimulating commercial development in the area. The corporation seeks to contribute to the community's economic prosperity by promoting the expansion of existing businesses and inviting new ones to establish a presence. By doing so, Sobro Local Development Corporation aims to strengthen the local economy and improve the livelihoods of its residents.

    Impact

    This information is meant to be a general summary of Sobro Local Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Sunday, August 4, 2024

    Sobro Local Development Corporation's impact can be seen in the significant progress it has made in encouraging the development, retention, and expansion of industry and commerce in the South Bronx community. By focusing on economic growth and job creation in this area, Sobro Local Development Corporation has played a crucial role in improving the local economy and fostering a sense of community improvement. Through its efforts, Sobro Local Development Corporation has helped to create opportunities for businesses to thrive, residents to find employment, and the overall quality of life in the South Bronx to be enhanced.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $47,050

    • Assets and Liabilities:
  • Total Assets: $713
  • Total Liabilities: $0
  • Net Assets: $713
  • Organization Details

    Founding Year

    1973

    Principal Officer

    Lourdes Zapata

    Main Address

    555 BERGEN AVENUE 3RD FLOOR, BRONX, NY, 10455

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Sobro Local Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.