Nonprofit · EIN 13-2943228
SOBRO LOCAL DEVELOPMENT CORPORATION
Tax-exempt · BRONX, NY 10455
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $0 | $0 | $0 | $485,214 | $485,479 | -$265 |
| June 30, 2023 | 990-EZ | $0 | $704 | -$704 | $310,857 | $310,848 | $9 |
| March 31, 2023 | 990 | $0 | $705 | -$705 | $8 | $0 | $8 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $518,782
- Total assets, end of year
- $485,214
- Total liabilities, end of year
- $485,479
- Net assets, end of year
- -$265
- Net assets without donor restrictions
- -$265
- Gross receipts
- $0
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1973
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JASON GARCIA | EXECUTIVE DIRECTOR Officer | 3 | $0 | $47,037 | $80,000 |
| ANTHONY M RICCIO JR | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK WILLIS | BOARD CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM BILL BOLLINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER RIVERA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| AUBREY HURSE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990-EZ for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK L CASTLE | BOARD CHAIR | 1 | $0 |
| ARLINE PARKS | VICE CHAIR | 1 | $0 |
| KAREN MCGUINNESS | VICE CHAIR | 1 | $0 |
| MARK WILLIS | TREASURER | 1 | $0 |
| ANTHONY M RICCIO JR | SECRETARY | 1 | $0 |
| TIFFANI HINDS | BOARD MEMBER | 1 | $0 |
| MAYRA LINARES-GARCIA | BOARD MEMBER | 1 | $0 |
| HUGH GRANT | BOARD MEMBER | 1 | $0 |
| PLINIO AYALA | BOARD MEMBER | 1 | $0 |
| LAUREN GEORGE | BOARD MEMBER | 1 | $0 |
| WILLIAM BILL BOLLINGER | BOARD MEMBER | 1 | $0 |
| CONOR MCCARTHY | BOARD MEMBER | 1 | $0 |
990 for the year ended March 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LOURDES ZAPATA | PRESIDENT & CEO Officer | 3 | $0 | $245,053 | $38,748 |
| DELILAH TYSON | CAO Officer | 3 | $0 | $135,519 | $42 |
| ROBBIN FINNEY-GRANSTON | CFO Officer | 3 | $0 | $102,985 | $19,367 |
| MARK L CASTLE | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ARLINE PARKS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KAREN MCGUINNESS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANTHONY M RICCIO JR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK WILLIS | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
| TIFFANI HINDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MAYRA LINARES-GARCIA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| HUGH GRANT | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PLINIO AYALA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LAUREN GEORGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM BILL BOLLINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CONOR MCCARTHY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JENNIFER RIVERA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PATRICIA NIA ROCK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| PRISCA SALAZAR-RODRIGUEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 555 BERGEN AVENUE 3RD FLOOR, BRONX, NY 10455-1368
- In care of
- % KAREN MCGUINNESS
- Principal officer (990 for 2024)
- JASON GARCIA, 555 BERGEN AVENUE 3RD FLOOR, BRONX, NY 10455
- Signed the 990
- JASON GARCIA, EXCUTIVE DIRECTOR
- Phone
- (718) 292-3113
- Website
- WWW.SOBRO.ORG
- Return prepared by
- SAX ADVISORS LLC
Mission
SOBRO LOCAL DEVELOPMENT CORPORATION ENGOURAGES THE DEVELOPMENT, RETENTION, AND EXPANSION OF INDUSTRY AND COMMERCE PRIMARILY IN THE SOUTH BRONX COMMUNITY.
Program accomplishments
- SOBRO LOCAL DEVELOPMENT CORPORATION ENGOURAGES THE DEVELOPMENT, RETENTION, AND EXPANSION OF INDUSTRY AND COMMERCE PRIMARILY IN THE SOUTH BRONX COMMUNITY.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 13-2943228
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $485,214
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $0 | $0 | $485,214 | XML |
| 990-EZ | June 2023 | $0 | $704 | $310,857 | XML |
| 990 | March 2023 | $0 | $705 | $8 | XML |
| 990 | March 2022 | $47,050 | $539,835 | $713 | IRS |
| 990 | March 2021 | $152,959 | $155,344 | $852,431 | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 2018 | – | – | – | IRS |
| 990 | March 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-2943228).
Questions about SOBRO LOCAL DEVELOPMENT CORPORATION
- What is the EIN of SOBRO LOCAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SOBRO LOCAL DEVELOPMENT CORPORATION is 13-2943228.
- Is SOBRO LOCAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to SOBRO LOCAL DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOBRO LOCAL DEVELOPMENT CORPORATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SOBRO LOCAL DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOBRO LOCAL DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SOBRO LOCAL DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names JASON GARCIA.
- Who are the officers and directors of SOBRO LOCAL DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does SOBRO LOCAL DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $0, expenses of $0 and total assets of $485,214 at year end.
Other nonprofits in BRONX
- FOOD BANK FOR NEW YORK CITY EIN 13-3179546 · last filed 990 for 2025
- NORTHWEST BRONX COMMUNITY AND CLERGY COALITION INC EIN 13-2806160 · last filed 990 for 2025
- STRUCTURED EMPLOYMENT ECONOMIC DEVELOPMENT CORPORATION EIN 13-2875743 · last filed 990 for 2024
- THE PROMESA HOUSING DEVELOPMENT FUND CORPORATION EIN 13-3608906 · last filed 990 for 2024
- RIVERDALE NEIGHBORHOOD HOUSE INC EIN 13-1740024 · last filed 990 for 2025
- SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION EIN 13-2736022 · last filed 990 for 2023
- MOSHOLU PRESERVATION CORPORATION EIN 13-3109387 · last filed 990 for 2024
- BANANA KELLY COMMUNITY IMPROVEMENT ASSOCIATION INC EIN 13-2934000 · last filed 990 for 2024
All nonprofits in BRONX · New York · Community improvement and capacity building