Mission
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.
Public Charity
SOBRO DEVELOPMENT CORPORATION
SOBRO DEVELOPMENT CORPORATION is a Public Charity headquartered in BRONX, NY. Financial data from the 2025 filing: $60K revenue, $338K expenses, $10.3M total assets. 3 publicly reported grants to this organization, totaling roughly $28K, appear in IRS filings.
EIN: 133157572
BRONX, NY
Urban & Community Economic Development
NTEE: S31
Latest filing: 2025
Total Revenue$60K
Total Expenses$338K
Total Assets$10.3M
Grant Records3
Funding Total$28K
Filing Years2019–2025
Sample Grants Received
UNRESTRICTED
$5,147
UNRESTRICTED
$7,241
Unrestricted
$15,825
Showing up to 5 of 3 total records — full history available with membership.
Officers & Directors
SECRETARY/TREASURER
Anthony M Riccio Jr
BOARD MEMBER
Aubrey Hurse
EXECUTIVE DIRECTOR
Jason Garcia
BOARD MEMBER
Jennifer Rivera
BOARD CHAIR
Mark Willis
BOARD MEMBER
William Bill Bollinger
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $60K | $338K | $10.3M |
| 2023 | $203K | $612K | $10.3M |
| 2022 | $965K | $2.1M | $9.9M |
| 2021 | $889K | $1.3M | $9.6M |
| 2019 | $2.2M | $1.4M | $8.1M |
Between 2019 and 2025, reported annual revenue declined from $2.2M to $60K (-97%), with total assets most recently reported at $10.3M.
Interactive year-over-year charts and full filing details available with membership.