Skip to content
ProPublica Donate
ProPublica Donate

Sobro Local Development Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Urban, Community Economic Development (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$47.1k (2022)

Expenses
$540k (2022)

Total Assets
$713 (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2012 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,050
Expenses
$539,835
Net Income
-$492,785
Net Assets
$713
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $47,050
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $713
Total Liabilities $0
Net Assets $713
Compensation
Key Employees and Officers Compensation Related Other
Mark L Castle (Board Chair) $0 $0 $0
Jean Smith (Vice Chair) $0 $0 $0
Arline Parks (Vice Chair) $0 $0 $0
Karen Mcguinness (Treasurer) $0 $0 $0
Anthony M Riccio Jr (Secretary) $0 $0 $0
Simon Bergson (Board Member) $0 $0 $0
Mayra Linares Garcia (Board Member) $0 $0 $0
Hugh Grant (Board Member) $0 $0 $0
Mark Willis (Board Member) $0 $0 $0
Plinio Ayala (Board Member) $0 $0 $0
Tiffani Blake (Board Member) $0 $0 $0
William Bill Bollinger (Board Member) $0 $0 $0
Conor Mccarthy (Board Member) $0 $0 $0
Cheryl Mckissack (Board Member) $0 $0 $0
Jennifer Rivera (Board Member) $0 $0 $0
Patricia Nia Rock (Board Member) $0 $0 $0
Prisca Salazar Rodriguez (Board Member) $0 $0 $0
Lourdes Zapata (President & Ceo) $0 $225,219 $8,963
Tonia Elvin (Cfo) $0 $113,315 $8,381
Delilah Tyson (Cao) $0 $124,269 $42

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$152,959
Expenses
$155,344
Net Income
-$2,385
Net Assets
$493,498
Notable Sources of Revenue Percent of Total Revenue
Contributions $92,270
60.3%
Program Services $60,689
39.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $852,431
Total Liabilities $358,933
Net Assets $493,498
Compensation
Key Employees and Officers Compensation Related Other
Mark L Castle (Board Chair) $0 $0 $0
Jean Smith (Vice Chair) $0 $0 $0
Arline Parks (Vice Chair) $0 $0 $0
Karen Mcguinness (Treasurer) $0 $0 $0
Anthony M Riccio Jr (Secretary) $0 $0 $0
Simon Bergson (Board Member) $0 $0 $0
Phillip Banks Jr Iii (Board Member) $0 $0 $0
Hugh Grant (Board Member) $0 $0 $0
Mark Willis (Board Member) $0 $0 $0
6 Plinio Ayala (Board Member) $0 $0 $0
Tiffani Blake (Board Member) $0 $0 $0
William Bill Bollinger (Board Member) $0 $0 $0
Laurel Brown (Board Member) $0 $0 $0
Conor Mccarthy (Board Member) $0 $0 $0
Cheryl Mckissack (Board Member) $0 $0 $0
Jennifer Rivera (Board Member) $0 $0 $0
Patricia Nia Rock (Board Member) $0 $0 $0
Prisca Salazar Rodriguez (Board Member) $0 $0 $0
Lourdes Zapata (President & Ceo) $0 $225,219 $5,595
Tonia Elvin (Cfo) $0 $113,515 $31
Delilah Tyson (Cao) $0 $124,269 $31

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$266,013
Expenses
$23,085
Net Income
$242,928
Net Assets
$528,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,533
5.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $251,480
94.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $528,883
Total Liabilities $0
Net Assets $528,883
Compensation
Key Employees and Officers Compensation Related Other
Steven Brown (President & Ceo (Through 7/19)) $0 $138,507 $31,676
Lourdes Zapata (President & Ceo) $0 $101,610 $23,328
Mark Castle (Chairman) $0 $0 $0
Karen Mc Guinness (Treasurer) $0 $0 $0
Anthony Riccio (Secretary) $0 $0 $0
Arline Parks (Director) $0 $0 $0
Jean Smith (Director) $0 $0 $0
Lesia Bates (Interim Cfo) $0 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$383,603
Expenses
$1,580,953
Net Income
-$1,197,350
Net Assets
$285,955
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $383,603
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $458,245
Total Liabilities $172,290
Net Assets $285,955
Compensation
Key Employees and Officers Compensation Related Other
Jean Smith (Chairperson) $0 $0 $0
Karen Mc Guinness (Treasurer) $0 $0 $0
Anthony Riccio (Secretary) $0 $0 $0
Mark Castle (Director) $0 $0 $0
Arline Parks (Director) $0 $0 $0
Steven Brown (President & Ceo) $0 $209,564 $16,176
Lesia Bates (Interim Cfo) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$359,507
Expenses
$426,522
Net Income
-$67,015
Net Assets
$1,068,181
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $359,507
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $57,665
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,160,788
Total Liabilities $92,607
Net Assets $1,068,181
Compensation
Key Employees and Officers Compensation Related Other
Phillip Morrow (President (Former)) $21,820 $147,364 $0
Nathaniel Montgomery (Vice President (Former)) $16,203 $105,758 $0
Steven Brown (President) $7,809 $47,735 $0
Jean Smith (Chairperson) $0 $0 $0
Arline Parks (Director) $0 $0 $0
Mark Castle (Director) $0 $0 $0
Karen Mcguinness (Treasurer) $0 $0 $0
Johanna Dejesus (Secretary) $0 $102,400 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$405,288
Expenses
$368,683
Net Income
$36,605
Net Assets
$1,157,531
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $405,288
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,964,948
Total Liabilities $807,417
Net Assets $1,157,531
Compensation
Key Employees and Officers Compensation Related Other
Jean Smith (Secretary) $0 $0 $0
Karen Mcguinness (Treasurer) $0 $0 $0
Phillip Morrow (President) $0 $240,000 $0
Ayca Ergeneman (Vice Chairman) $0 $0 $0
Nathaniel Montgomery (Vice President) $0 $0 $0
Christie Alcid (Cfo) $0 $122,917 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$429,239
Expenses
$312,714
Net Income
$116,525
Net Assets
$1,120,926
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $429,239
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,901,752
Total Liabilities $780,826
Net Assets $1,120,926
Compensation
Key Employees and Officers Compensation Related Other
Angelo Aponte (Board Member) $0 $0 $0
Anthony M Riccio Jr (Vice Chairman) $0 $0 $0
Arline Parks (Board Member) $0 $0 $0
Awilda Cordero (Board Member) $0 $0 $0
Demetric A Duckett (Board Member) $0 $0 $0
Diana Hernandez (Board Member) $0 $0 $0
Edward Odom (Board Member) $0 $0 $0
Hugh Grant (Board Member) $0 $0 $0
Jean Smith (Secretary) $0 $0 $0
Karen Mc Guinness (Treasurer) $0 $0 $0
Mark L Castle (Board Member) $0 $0 $0
Mark Willis (Board Member) $0 $0 $0
Phillip Banks Jr Iii (Board Member) $0 $0 $0
Phillip Morrow (President) $0 $237,074 $30,350
Robert Avaltroni (Board Member) $0 $0 $0
Simon Bergson (Board Member) $0 $0 $0
Steven Smith (Chairman) $0 $0 $0
Takisia L Whites (Board Member) $0 $0 $0
Tracy Woodall (Board Member) $0 $0 $0
Christie Alcid (Cfo) $0 $107,064 $36,544

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$424,992
Expenses
$343,323
Net Income
$81,669
Net Assets
$1,004,401
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $424,992
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,662,797
Total Liabilities $658,396
Net Assets $1,004,401
Compensation
Key Employees and Officers Compensation Related Other
Angelo Aponte (Board Member) $0 $0 $0
Anthony Mriccio Jr (Chairman) $0 $0 $0
Arline Parks (Board Member) $0 $0 $0
Awilda Cordero (Board Member) $0 $0 $0
Demetric A Duckett (Board Member) $0 $0 $0
Dennis Derryck (Vice Chairman) $0 $0 $0
Diana Hernandez (Board Member) $0 $0 $0
Edward Odom (Board Member) $0 $0 $0
Hugh Grant (Board Member) $0 $0 $0
James Shipp (Secretary) $0 $0 $0
Jean Smith (Treasurer) $0 $0 $0
Karen Mcguinness (Board Member) $0 $0 $0
Mark L Castle (Board Member) $0 $0 $0
Phillip Morrow (President) $0 $236,242 $41,536
Robert Avaltroni (Board Member) $0 $0 $0
Simon Bergson (Board Member) $0 $0 $0
Steven Smith (Board Member) $0 $0 $0
Takisia L Whites (Board Member) $0 $0 $0
Tracy Woodall (Board Member) $0 $0 $0
Christie Alcid (Cfo) $0 $104,939 $32,676

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$405,332
Expenses
$290,376
Net Income
$114,956
Net Assets
$922,732
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $405,332
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,510,052
Total Liabilities $587,320
Net Assets $922,732
Compensation
Key Employees and Officers Compensation Related Other
Angelo Aponte (Board Member) $0 $0 $0
Anthony Mriccio Jr (Chairman) $0 $0 $0
Arline Parks (Board Member) $0 $0 $0
Awilda Cordero (Board Member) $0 $0 $0
Barry Milea (Board Member) $0 $0 $0
Demetric A Duckett (Board Member) $0 $0 $0
Dennis Derryck (Vice Chairman) $0 $0 $0
Diana Hernandez (Board Member) $0 $0 $0
Edward Odom (Board Member) $0 $0 $0
Hugh Grant (Board Member) $0 $0 $0
James Shipp (Secretary) $0 $0 $0
Jean Smith (Treasurer) $0 $0 $0
Karen Mcguinness (Board Member) $0 $0 $0
Mark L Castle (Board Member) $0 $0 $0
Phillip Morrow (President) $0 $235,348 $36,648
Robert Avaltroni (Board Member) $0 $0 $0
Simon Bergson (Board Member) $0 $0 $0
Steven Smith (Board Member) $0 $0 $0
Takisia L Whites (Board Member) $0 $0 $0
Tim Cawley (Board Member) $0 $0 $0
Tracy Woodall (Board Member) $0 $0 $0
Yolanda Gonzelez (Board Member) $0 $0 $0
Christie Alcid (Cfo) $0 $105,318 $35,013

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$250,805
Expenses
$303,765
Net Income
-$52,960
Net Assets
$807,776
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $250,805
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,361,637
Total Liabilities $553,861
Net Assets $807,776

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$332,884
Expenses
$326,099
Net Income
$6,785
Net Assets
$860,736
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $332,084
99.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $800
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,451,580
Total Liabilities $590,844
Net Assets $860,736

Document Links

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »