BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION

BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION

Bronx, NY, US
501(c)3
EIN
13-3079387

BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION

Bronx, NY, US
501(c)3
EIN
13-3079387

Overview

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Est.

1981

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Bronx Overall Economic Development Corporation (EIN: 13-3079387) is a nonprofit organization dedicated to fostering economic development in Bronx County by assisting local businesses in their expansion and encouraging startups and relocations to the area. With an operating budget of $2.7 million and total revenue of $2.8 million for the 2024 filing year, the organization is supported by multiple substantial funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.BOEDC.com.

Mission Statement

Assist bronx Businesss to expand and encourage start-up in or relocation to Bronx County.
Revenues

$2.8M

Expenses

$3.8M

Net Income:
-$1M
Assets

$26.3M

Liabilities

$490.1K

Net Assets:
+$25.8M
Operating Budget

$2.7M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

7

Median grant size
$15K
Largest grant received
$55K
R
Robert Walsh
Board Member
S
Sulma v Arzu - Brown
Board Member
R
Rafael Roger
Board Member

Frequently Asked Questions

What is BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $2.7 million. More detailed financial information is available to registered users.
What causes does BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION support?
BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION supports work in Economic development.
Where does BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION operate?
BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION is headquartered in Bronx, NY.
Who funded BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION recently?
In 2024, BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION received grants from Amalgamated Charitable Foundation Inc, NYC & COMPANY FOUNDATION INC, and THE JOHN A HARTFORD FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION received in 2024?
The largest grant to BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION in 2024 exceeds $55 thousand.
What is BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 45% of their total revenue in 2024.
Overview
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