Bronx Overall Economic Development Corporation
Bronx Overall Economic Development Corporation (the "corporation") is a New York nonprofit organization, organized in 1981. The corporation was established to promote economic growth in the bronx, New York by providing loans and grants to businesses located in the bronx, consulting services to present and future companies, and on-the-job training. The corporation is funded primarily through governmental and foundation grants and contributions.
Bronx Overall Economic Development Corporation at a glance
In short: Bronx Overall Economic Development Corporation gave $345K across 7 grants in 2025 (avg $49K), mostly in New York. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $345,430
- -69.1% vs 2024
- Grants made (2025)
- 7
- +133.3% vs 2024
- Average grant
- $49,347
- -86.7% vs 2024
- Median grant
- $27,790
- Total assets
- $26,457,812
- +0.7% vs 2024
- Primary geography
- New York (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Bronx Overall Economic Development Corporation
Open Grants
1 open opportunity from Bronx Overall Economic Development Corporation
Who Bronx Overall Economic Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Dugoutbx 2 LLC ($180K). Together the top 7 received $345K.
Grant Size Distribution
22 grants across all recorded years
The most common grant size was under $50K: 16 grants of 22 (73%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $250 (2019) to $1.1M (2024). In 2025 it made 7 grants totaling $345K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dugoutbx 2 LLC Bronx, NY | Economic assitance | $180,000 |
| Key Food 881 Stadium Food Corp Bronx, NY | Economic assistance | $58,608 |
| 16 FFI LLC Bronx, NY | Economic assistance | $33,312 |
| Danice Stores Inc Bronx, NY | Economic assistance | $27,790 |
| South Bronx United Inc Bronx, NY | Economic assistance | $24,236 |
| FPJ Amusements & Entertainment Services Bronx, NY | Community event | $11,484 |
| Fix It With Piggy Bronx, NY | Economic assistance | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $26,457,812 | $3,495,333 | $3,653,773 | $345,430 | 7 | $826,658 |
| 2024 | $26,267,663 | $2,816,534 | $3,836,460 | $1,117,000 | 3 | $796,714 |
| 2023 | $26,832,621 | $1,719,593 | $2,193,454 | $103,439 | 3 | $253,408 |
| 2022 | $26,821,106 | $1,376,717 | $1,748,198 | $54,561 | Total only | $39,898 |
| 2021 | $27,862,417 | $2,319,012 | $1,837,808 | $185,698 | 9 | $405,047 |
| 2020 | $28,320,847 | $2,023,010 | $1,747,993 | $49,997 | 1 | $275,892 |
| 2019 | $27,986,207 | $1,890,018 | $1,940,317 | $250 | Total only | $287,118 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Bronx Overall Economic Development Corporation
Based on IRS filings
Bronx Overall Economic Development Corporation is a public charity focused on Environment, based in Bronx, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $26.5M in total assets. In 2025, it awarded 7 grants totaling $345K. Net investment income was $827K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Bronx Overall Economic Development Corporation is led by Robert Walsh, President on every filing since 2023; 3 of 18 officers listed in 2025 are compensated.
Officers on the 2025 filing
Robert Walsh
President
On filings since 2023
40 hrs/week
$41K (2023) → $230K (2025)
Clarence Stanley Jr.
Chairman
Treasurer → Interim Chair of the Board, 2023
Interim Chair of the Board → Chairman, 2024
On filings since 2019
1 hr/week
No compensation reported
Rafael Roger
Board Member
Interim President - → Vice President, 2023
Vice President → Board Member, 2025
On filings since 2022
1 hr/week
$2K (2022) → $20K (2025)
Angely Orbe
Chief Financial Officer
On filings since 2024
40 hrs/week
$47K (2024) → $130K (2025)
Kathy Zamechansky
Vice Chair
On filings since 2019
1 hr/week
No compensation reported
Julio E Reyes Jr.
Board Member
On filings since 2023
1 hr/week
No compensation reported
Lourdes Zapata
Board Member
On filings since 2023
1 hr/week
No compensation reported
Nallely De Jess
Board Member
On filings since 2023
1 hr/week
No compensation reported
Phillip Grant
Board Member
On filings since 2023
1 hr/week
No compensation reported
Winston Peters
Board Member
On filings since 2023
1 hr/week
No compensation reported
Yesenia Quinones
Board Member
On filings since 2023
1 hr/week
No compensation reported
Brian Smith
Board Member
On filings since 2024
1 hr/week
No compensation reported
Dan Herdoon
Secretary
Board Member → Secretary, 2025
On filings since 2024
1 hr/week
No compensation reported
Eddy Bayardelle PhD
Board Member
On filings since 2024
1 hr/week
No compensation reported
Kevin Kim
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Patricia Simone
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Susan L Parish
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Vanessa L Gibson
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (10)
- Former: Benjamin Arana (2019–2024) — Secretary
- Former: Duncan Still (2019–2024) — Chief Financial Officer
- Former: Sulma V. Arzu - Brown (2024) — Executive Director
- Former: Young Woo (2024) — Board Member
- Former: Jose Perez (2019–2023) — Board Member
- Former: Marlene Cintron (2019–2022) — President -
- Former: Stephen B Kaufman (2019–2022) — Chairman
- Former: Robert Medlock (2022) — Board Member
- Former: Michael L Schwartz (2019–2021) — Board Member
- Former: Sabah Rajput (2019–2021) — Board Member
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $230K, to Robert Walsh (President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Bronx Overall Economic Development Corporation
How much does Bronx Overall Economic Development Corporation give each year?
Bronx Overall Economic Development Corporation gave $345K across 7 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.1M across 3 grants.
What is Bronx Overall Economic Development Corporation's typical grant size?
Bronx Overall Economic Development Corporation's median grant in 2025 was $27,790, and its average grant was $49,347, across 7 grants on its 2025 IRS Form 990.
Where does Bronx Overall Economic Development Corporation give grants?
Bronx Overall Economic Development Corporation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Bronx, NY (7 grants).
Does Bronx Overall Economic Development Corporation give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on Bronx Overall Economic Development Corporation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Economic assistance" (5 grants).
Who are Bronx Overall Economic Development Corporation's largest grantees?
Bronx Overall Economic Development Corporation's largest 2025 grantees include Dugoutbx 2 LLC ($180,000), Key Food 881 Stadium Food Corp ($58,608) and 16 FFI LLC ($33,312), according to its 2025 IRS Form 990. Together they received 79% of its itemized 2025 grant dollars.
How large is Bronx Overall Economic Development Corporation?
Bronx Overall Economic Development Corporation reported $26.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.5M.
What is Bronx Overall Economic Development Corporation?
Bronx Overall Economic Development Corporation is a public charity focused on Environment, based in Bronx, NY. It holds $26.5M in total assets as of 2025.
What is Bronx Overall Economic Development Corporation's EIN?
Bronx Overall Economic Development Corporation's EIN (Employer Identification Number) is 13-3079387. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS February 3, 2020)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 14, 2023)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 20, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS January 12, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS February 5, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 10, 2026)
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