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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Sobro Local Development Corporation

Sobro Local Development Corporation

Fiscal year ending 2017. Filed on February 13, 2019.

555 Bergen Avenue 3rd Floor
Bronx, New York 10455

Sobro Local Development Corporation (EIN: 13-2943228) has filed an IRS Form 990 from fiscal year 2016–2022. In its fiscal year 2017 IRS Form 990 filing, Sobro Local Development Corporation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $181,459. The highest compensated employee at Sobro Local Development Corporation is Phillip Morrow with fiscal year 2017 compensation of $240,000.

Revenue, expenses, and employee compensation

Revenue

$400,153

Expenses

$385,883

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Phillip Morrow
President
$240,000
$0 $240,000 No other comp
Christie Alcid
Chief Financial Officer
$122,917
$0 $122,917 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Ayca Ergeneman
Vice Chair
Jean Smith
Secretary
Karen McGuinness
Treasurer
Nathaniel Montgomery
Vice President

Mission Statement

SOBRO LOCAL DEVELOPMENT CORPORATION ENGOURAGES THE DEVELOPMENT, RETENTION, AND EXPANSION OF INDUSTRY AND COMMERCE PRIMARILY IN THE SOUTH BRONX COMMUNITY.

Revisions to this organization profile

August 31, 2023:
2022 Sobro Local Development Corporation 990 filed
June 13, 2023:
2021 Sobro Local Development Corporation 990 filed
December 8, 2022:
2020 Sobro Local Development Corporation 990 filed

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