Sobro Development Corporation
Sobro Development Corporation
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About this organization
Mission
Sobro Development Corporation encourages the development, retention and expansion of industry and commerce in the South Bronx.
About
The organization's primary function is to address South Bronx's need for development of local businesses. The organization owns and leases properties in the South Bronx that are rented to local businesses.
Interesting data from their 2020 990 filing
The filing sets forth the mission of the non-profit as “The organization's primary function is to address south bronx's need for development of local businesses. the organization owns and leases properties in the south bronx that are rented to local businesses.”.
When detailing its responsibilities, they were listed as: “Sobro development corporation encourages the development, retention and expansion of industry and commerce in the south bronx.”.
- The state in which the non-profit is legally permitted to operate is NY.
- The address of the non-profit for 2020 according to the filing is 555 BERGEN AVENUE, BRONX, NY, 10455.
- The number of employees reported by the non-profit on their form as of 2020 is 0.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$310,164.
- The organization has 3 independent voting members.
- The organization was formed in 1981.
- The organization pays $47,690 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.