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.
Key facts about Bronx Overall Economic Development Corporation
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.
- EIN
- 13-3079387
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $345,430
- Grants made (2025)
- 7
- Average grant
- $49,347
- Median grant
- $27,790
- Total assets
- $26,457,812
- Primary geography
- New York (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$26.5M
+0.7% YoY
Annual Giving
$345K
-69.1% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$49K
-86.7% YoY
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
Open Grants
1 open opportunity from Bronx Overall Economic Development Corporation
Ready to take the next step with Bronx Overall Economic Development Corporation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
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.
Grant Insights
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%).
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $26,457,812 | $26,267,663 | $26,832,621 |
| Revenue | $3,495,333 | $2,816,534 | $1,719,593 |
| Expenses | $3,653,773 | $3,836,460 | $2,193,454 |
| Net Investment Income | $826,658 | $796,714 | $253,408 |
Data update history
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)
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.
Here's the math on researching Bronx Overall Economic Development Corporation by hand.
Explore Open Grants
Browse active grant opportunities in Bronx Overall Economic Development Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Clara & Kurt Hellmuth Foundation Inc
Lake Success, NY
The foundation supports varied charitable causes, including education, youth development, health, and community-building; its 2025 grants were mostly in New York, with others in Maryland, New Jersey, Connecticut, and Washington, DC. Grants ranged from $1,500 to $4,000, with a median of $2,000. The filing says to contact Michael F Berger by letter; it does not state whether unsolicited requests are accepted.
Assets
$313K
Grants
11
Total Given
$24K
Hagedorn Fund
Chicago, IL
The fund supports charitable nonprofits working in health, social services, youth, education, senior services, and housing and community development. Its 2024 grants ranged from $5,000 to $70,000, with a median of $50,000, and all went to organizations in New York state. It lists an online application form and says there are no deadlines or restrictions on awards.
Assets
$8.0M
Grants
43
Total Given
$2.0M
Levitt Foundation Inc
New York, NY
The Levitt Foundation funds youth-powered programs addressing food-system inequities through activities such as urban farming, food education, community organizing, and advocacy, primarily in New York City. Grants are generally $20,000–$50,000, though 2025 awards ranged from $1,500 to $40,000. It does not accept unsolicited requests; proposals are by invitation only.
Assets
$16.6M
Grants
43
Total Given
$669K
The Ira Decamp Foundation
Chicago, IL
The Ira W. DeCamp Foundation funds community-based health care, foster care, workforce development, and education, primarily in the New York metropolitan area. Recent grants ranged from $25,000 to $365,000, with a median of $70,000. It accepts online submissions from eligible 501(c)(3) public charities, due July 15 each year.
Assets
$73.9M
Grants
62
Total Given
$4.8M
Brooklyn Community Foundation
Brooklyn, NY
Brooklyn Org funds nonprofits working to advance racial justice and address poverty, inequality, and community needs, with a priority on BIPOC-led organizations in low-income Brooklyn communities. Its 2024 grants ranged from $20,000 to $100,000, with a median of $45,000; it focuses primarily on Brooklyn. Its General Operating Support program accepts applications at any time, though selected organizations are invited to submit a full proposal.
Assets
$142.0M
Grants
93
Total Given
$4.7M
The Gottesman Fund
New York, NY
The Gottesman Fund supports education, health care, culture, and community services, with most 2024 grant dollars going to organizations in New York, followed by New Jersey and Vermont. Its 2024 grants ranged from $5,000 to $29.3 million, with a median of $100,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$502.4M
Grants
98
Total Given
$94.7M
Gilbert Rivera Charitable Foundation
Brooklyn, NY
To devote and apply monies and property contributed and the income derived therefrom exclusively for charitable, scientific, or educational purposes either directly or by contributions to organizations duly authorized to carry on charitable, scientific or educational activities.
Assets
$294K
Grants
6
Total Given
$100K
C&P Levinsohn Foundation Inc
New York, NY
Assets
$4.6M
Grants
7
Total Given
$200K
Share Our Strength
Washington, DC
Share Our Strength funds child nutrition and hunger-reduction efforts, including school meals, summer meals, benefits access, and family economic mobility, primarily across the United States, with some work in India. Its 2025 grants ranged from $5,200 to $739,871, with a median of $20,000. The available information does not say whether it accepts unsolicited requests.
Assets
$74.5M
Grants
302
Total Given
$14.4M
The D J McManus Foundation Inc
Bethesda, MD
The D J McManus Foundation supports a range of charitable work, including arts, education, health, civic engagement, and journalism, with most 2024 grant dollars going to New York organizations. Grants ranged from $250 to $110,000, with a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$23.6M
Grants
121
Total Given
$1.6M
The Schloss Family Foundation Inc
New Canaan, CT
The Schloss Family Foundation primarily funds arts, cultural programs, and education, with 2025 grants also supporting humanitarian and freedom-related organizations. Its grants ranged from $1,000 to $50,000, with a median of $15,000, and went mainly to recipients in New York, Washington, DC, Connecticut, and North Carolina. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$3.5M
Grants
15
Total Given
$336K
Naleo Educational Fund
Monterey Park, CA
NALEO Educational Fund supports Latino civic participation, especially naturalization, voter engagement, and related community services, often through local partner organizations. In 2024, its 17 grants ranged from $8,500 to $192,700, with a median of $20,800, and went to organizations in Texas, New York, Florida, North Carolina, and California. The profile does not state whether it accepts unsolicited requests.
Assets
$7.7M
Grants
17
Total Given
$694K
More Funders in New York
Bronx Overall Economic Development Corporation down — hundreds of funders to go?