Bronx Overall Economic 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 7 itemized 2025 grant dollars.
Cities
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 |
| 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
- 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)
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
Grant Size Distribution
21 grants across all recorded years
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).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert Walsh | President | 40 | $230,000 |
| Angely Orbe | Chief Financial Officer | 40 | $130,000 |
| Rafael Roger | Board Member | 1 | $20,000 |
| Clarence Stanley Jr | Chairman | 1 | — |
| Kathy Zamechansky | Vice Chair | 1 | — |
| Julio E Reyes Jr | Board Member | 1 | — |
| Brian Smith | Board Member | 1 | — |
| Winston Peters | Board Member | 1 | — |
| Phillip Grant | Board Member | 1 | — |
| Nallely De Jess | Board Member | 1 | — |
| Lourdes Zapata | Board Member | 1 | — |
| Yesenia Quinones | Board Member | 1 | — |
| Eddy Bayardelle PhD | Board Member | 1 | — |
| Dan Herdoon | Secretary | 1 | — |
| Patricia Simone | Board Member | 1 | — |
| Dr Susan L Parish | Board Member | 1 | — |
| Kevin Kim | Board Member | 1 | — |
| Vanessa L Gibson | Board Member | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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.