OUR MISSION IS TO ENHANCE THE QUALITY OF LIFE IN THE SOUTH BRONX BY STRENGTHENING BUSINESSES AND CREATING INNOVATIVE ECONOMIC, HOUSING, EDUCATIONAL, AND CAREER DEVELOPMENT PROGRAMS FOR YOUTH AND ADULTS. SOBRO WAS FOUNDED IN 1972 BY A GROUP OF BUSINESS EXECUTIVES AND COMMUNITY LEADERS. OUR TASK WAS URGENT: REVERSE THE FLIGHT OF BUSINESSES AND JOBS FROM THE SOUTH BRONX. IT WAS THE FIRST AND MOST FUNDAMENTAL STEP TOWARD REBUILDING A COMMUNITY WHOSE NAME EVOKED IMAGES OF BURNED BUILDINGS, CRIME, POVERTY AND DRUGS. BUT AS SOBRO BEGAN TO EVOLVE, IT BECAME CLEARER THAT COMMUNITY REVITALIZATION REQUIRED A MULTI-FACETED EFFORT. TODAY, WE ADDRESS ALL ASPECTS OF COMMUNITY DEVELOPMENT: ASSISTING BUSINESSES TO GET STARTED AND GROW, TRAINING RESIDENTS ACCORDING TO THE NEEDS OF EMPLOYERS, OFFERING OPPORTUNITIES FOR YOUTH TO LEARN AND DEVELOP, AND CREATING AFFORDABLE HOUSING AND COMMERCIAL SPACES THAT REVERSE BLIGHT IN THE COMMUNITY.
Executive compensation, broken down
Form 990 · Schedule J · 3 reported individuals · Filing year 2022
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.
- Base
- $245k
- Bonus
- —
- Other
- —
- Benefits
- $12k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO 75th to 90th percentile | $245k | — | — | $12k | $284k $331k |
Cao Officer (Unspecified) | — | — | — | — | $144k $168k |
SVP Programs Senior Vice President 10th to 25th percentilevs Community Improvement & Capacity Building peers nationwide | — | — | — | — | $114k $132k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 15 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2022, the highest total compensation at SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION
What does the Chief Executive Officer of SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION earn?
In 2022, the Chief Executive Officer of SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION received $283,801 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2022 pay of the Chief Executive Officer at SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2022, the highest total compensation at SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?
In 2022, SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION reported $8.9M in total revenue and $10.7M in total expenses on its IRS Form 990.
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