Bronx Overall Economic Development logo

Bronx Overall Economic Development

Foundation · Grantmaker Bronx, NY EIN: 13-3079387 Website
EnvironmentNatural resourcesAir qualityCommunity and economic developmentSustainable development

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

EIN
13-3079387
Latest 990 filing
Form 990-PF, 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-PF, 2025; updated September 2026.

Who Bronx Overall Economic Development funds

By grant dollars, the top recipient states for Bronx Overall Economic Development's 7 itemized 2025 grants were New York (100%). The most frequent recipient cities were Bronx, NY (7 grants). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Economic assistance" (5 grants).

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$26.5M

+0.7% YoY

Annual Giving

$345K

-65.8% YoY

Grant Count

7

+250.0% YoY

Avg Grant Size

$49K

-90.2% YoY

About Bronx Overall Economic Development

Based on IRS filings

Bronx Overall Economic Development is a nonprofit organization 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

EnvironmentNatural resourcesAir qualityCommunity and economic developmentSustainable development
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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 7 itemized 2025 grant dollars.

States

Cities

BronxNew YorkBrooklynCulebra

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2019202020212022202320242025
Metric202520242023
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
Qualifying Distributions———
Net Investment Income$826,658$796,714$253,408
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 20, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS January 12, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS February 5, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS April 10, 2026)

Giving Over Time

Total grant dollars and number of grants per year

$0$253K$505K$758K$1M0 grants20191 grants20209 grants20210 grants20223 grants20232 grants20247 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Dugoutbx 2 LLC: $180KDugoutbx 2 LLC$180KKey Food 881 Stadium Food Corp: $59KKey Food 881 Stadium Food Corp$59K16 Ffi LLC: $33K16 Ffi LLC$33KDanice Stores Inc: $28KDanice Stores Inc$28KSouth Bronx United Inc: $24KSouth Bronx United Inc$24KFPJ Amusements & Entertainment Services: $11KFPJ Amusements & EntertainmentServices$11KFix It With Piggy: $10KFix It With Piggy$10K

Grant Size Distribution

21 grants across all recorded years

16<$50K3$50–100K1$100–250K$250–500K$500K–1M1$1–5M$5M+

Open Grants

1 open opportunity from Bronx Overall Economic Development

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Dugoutbx 2 LLC ($180,000), Key Food 881 Stadium Food Corp ($58,608), 16 Ffi LLC ($33,312).

RecipientPurposeAmount
DUGOUTBX 2 LLC Bronx, NYEconomic assitance$180,000
Key Food 881 Stadium Food Corp Bronx, NYEconomic assistance$58,608
16 FFI LLC Bronx, NYEconomic assistance$33,312
Danice Stores Inc Bronx, NYEconomic assistance$27,790
South Bronx United Inc Bronx, NYEconomic assistance$24,236
FPJ Amusements & Entertainment Services Bronx, NYCommunity event$11,484
Fix It With Piggy Bronx, NYEconomic assistance$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Robert Walsh — President: $230KRobert WalshPresident$230KAngely Orbe — Chief Financial Officer: $130KAngely OrbeChief Financial Officer$130KRafael Roger — Board Member: $20KRafael RogerBoard Member$20K

From 2025 IRS filing

NameTitleHoursCompensation
Robert WalshPresident40$230,000
Angely OrbeChief Financial Officer40$130,000
Rafael RogerBoard Member1$20,000
Clarence Stanley JrChairman1—
Kathy ZamechanskyVice Chair1—
Julio E Reyes JrBoard Member1—
Brian SmithBoard Member1—
Winston PetersBoard Member1—
Phillip GrantBoard Member1—
Nallely De JessBoard Member1—
Lourdes ZapataBoard Member1—
Yesenia QuinonesBoard Member1—
Eddy Bayardelle PhDBoard Member1—
Dan HerdoonSecretary1—
Patricia SimoneBoard Member1—
Dr Susan L ParishBoard Member1—
Kevin KimBoard Member1—
Vanessa L GibsonBoard Member1—

Subject Areas

Focus areas based on grantmaking activity

EnvironmentNatural resourcesAir qualityCommunity and economic developmentSustainable development

Frequently Asked Questions

What is Bronx Overall Economic Development?

Bronx Overall Economic Development is a nonprofit organization focused on Environment, based in Bronx, NY. It holds $26.5M in total assets as of 2025.

How large is Bronx Overall Economic Development?

As of 2025, Bronx Overall Economic Development holds $26.5M in total assets with $3.5M in annual revenue. It awarded 7 grants totaling $345K in 2025.

Where does Bronx Overall Economic Development operate?

Bronx Overall Economic Development has awarded grants in New York, PR.

What size grants does Bronx Overall Economic Development award?

In 2025, Bronx Overall Economic Development awarded 7 grants totaling $345K — an average of about $49K per grant, based on its IRS Form 990 filings.

What is Bronx Overall Economic Development's EIN?

Bronx Overall Economic Development's EIN (Employer Identification Number) is 13-3079387. IRS Form 990 filing data is available on this page for 2019–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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