SOBRO LOCAL DEVELOPMENT CORPORATION
BRONX,
New York,
10455
EIN: 13-2943228
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
555 BERGEN AVENUE 3RD FLOOR
10455
COUNTY
bronx county, NY
IN CARE OF NAME
KAREN MCGUINNESS
ORGANIZATIONAL OVERVIEW & RANKINGS
SOBRO LOCAL DEVELOPMENT CORPORATION is a based in BRONX, NY, focused on Community Improvement, Capacity Building causes , specifically Urban, Community Economic Development. Established in December 1978, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $713.00, this ranks 766,533 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 59,149 out of 159,053 organizations in NY (Top 38%).
In bronx county, NY, the organization ranks 1,298 out of 5,297 nonprofits by assets (Top 25%), while locally in bronx, it stands at 1,270 among 5,203 organizations (Top 25%).
The organization reported annual revenue of $47,050.00, ranking 504,213 nationally (Top 19%) and 35,297 in NY (Top 23%).
Within its specific NTEE classification (S31 - S: Community Improvement, Capacity Building), which includes 2,490 similar organizations, SOBRO LOCAL DEVELOPMENT CORPORATION ranks 955 in assets (Top 39%) and 758 in revenue (Top 31%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other activity aimed t combating community deterioration
Other conservation environmental or beautification activities
Other inner city or community benefit activities
NTEE COMMON CODE
S: Community Improvement, Capacity Building
NTEE CODE
S31: Urban, Community Economic Development
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
03/2022
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$47,050.00
FORM 990 REVENUE AMOUNT
$47,050.00
RULING DATE
12/1978
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$713.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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