SEBCO DEVELOPMENT INC
AI Summary
SEBCO DEVELOPMENT INC is a community-based housing development organization located in the South Bronx of New York City, focusing on public and retirement housing. With an operating budget of $2.1 million and total revenue of $1.8 million for the filing year 2025, it has developed over 6,000 units of subsidized housing while also providing social services, transitional housing for the homeless, and meals for the elderly. Notably, it receives significant funding from ENTERPRISE COMMUNITY PARTNERS INC and DOLGIN FOUNDATION INC, although no single funder accounts for 50% or more of its revenue.
Mission Statement
SEBCO DEVELOPMENT, INC. IS A COMMUNITY BASED HOUSING DEVELOPMENT COMPANY LOCATED IN THE SOUTH BRONX OF NEW YORK CITY. IT HAS DEVELOPED MORE THAN 6,000 UNITS OF SUBSIDIZED HOUSING. IT CONTINUES TO DEVELOP HOUSING, AS WELL AS PROVIDING SOCIAL SERVICES, TRANSITIONAL HOUSING FOR THE HOMELESS AND MEALS FOR THE EDLERLY.
Cause Areas
2
Retirement housing
Public housing
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
ENTERPRISE COMMUNITY PARTNERS INC
Columbia, MD, US
$127.6K
< 1%
DOLGIN FOUNDATION INC
Brooklyn, NY, US
$1.2K
3%
Frequently Asked Questions
What is SEBCO DEVELOPMENT INC’s budget?
In 2025, SEBCO DEVELOPMENT INC reported an annual operating budget of around $2.1 million. More detailed financial information is available to registered users.
What causes does SEBCO DEVELOPMENT INC support?
SEBCO DEVELOPMENT INC supports work in Retirement housing and Public housing.
Where does SEBCO DEVELOPMENT INC operate?
SEBCO DEVELOPMENT INC is headquartered in Bronx, NY.
Who funded SEBCO DEVELOPMENT INC recently?
In 2018, SEBCO DEVELOPMENT INC received grants from DOLGIN FOUNDATION INC, DOLGIN FOUNDATION INC, and DOLGIN FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant SEBCO DEVELOPMENT INC received in 2018?
The largest grant to SEBCO DEVELOPMENT INC in 2018 exceeds <$1,000.
What is SEBCO DEVELOPMENT INC’s reliance on government grants?
SEBCO DEVELOPMENT INC relied on government grants for less than 5% of their total revenue in 2025.