Overview
What is Sebco Development Inc?
Sebco Development Inc, situated in the South Bronx of New York City, is a dedicated nonprofit organization focused on housing development. With a commitment to affordability and safety, they have built over 6,000 units of subsidized housing for low-income, elderly, and disabled individuals. Beyond housing development, Sebco also provides social services, transitional housing for the homeless, and meals for the elderly. As a community-based organization, they continuously strive to maintain well-maintained, secure housing while offering supportive services to enhance the quality of life for the families and individuals they serve in the New York City community. With a workforce of 26 individuals, Sebco Development Inc. is actively working towards making a positive impact in their community.
Official website here: www.sebcodevelopment.org
Is Sebco Development Inc legitimate?
Sebco Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sebco Development Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $368,617
Professional Fundraising Fees: $0
Other Salaries and Wages: $616,063
For more financial information, click here
What is the mission statement of Sebco Development Inc?
Sebco Development Inc., as a non-profit community-based organization, is committed to developing and maintaining affordable and safe housing in various urban areas. Their mission is to continually provide well-maintained and secure housing, complemented by the supportive services required to enhance the quality of life for the families and individuals they serve. Additionally, Sebco Development Inc. is involved in developing housing and providing social services, including transitional housing for the homeless and meals for the elderly.
Official website here: www.sebcodevelopment.org
Who is the CEO of Sebco Development Inc?
Salvatore Gigante is the Chair of Sebco Development Inc. The CEO's salary of Sebco Development Inc is $171,635 and their total compensation is $270,883.
Official website here: www.sebcodevelopment.org
What is the revenue of Sebco Development Inc?
Sebco Development Inc's revenue in 2023 was $2,661,379.
Official website here: www.sebcodevelopment.org
Who are the executives of Sebco Development Inc and what are their salaries?
The average compensation at Sebco Development Inc during 2023 was $37,872. There are 26 employees at Sebco Development Inc.
Here are 9 key members and their salaries (Sebco Development Inc's CEO's salary is $171,635 and their total compensation is $270,883):
- Jason Boroff (Director)
- Salvatore Gigante (Ceo/Director)
- Sonal Shah (Controller)
- Louis R Gigante (Director)
- Enrico Boccia (Chair) [Trustee/Director]
- Carmen Reyes (Treasurer/Se) [Trustee/Director]
- Evelyn Velasquez (Director)
- Victor Papa (Director)
- Valerie Torres (Director)
Official website here: www.sebcodevelopment.org
Where can I find the form 990 for Sebco Development Inc?
The Sebco Development Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.sebcodevelopment.org
Learn more at the official website: www.sebcodevelopment.org
Mission Statement of Sebco Development Inc
Sebco Development Inc, a non-profit community-based organization, is committed to developing and maintaining affordable and safe housing in various cities. Their mission is to continually provide well-maintained, secure housing alongside the supportive services required to enhance the quality of life for the families and individuals they serve in their community. Beyond housing development, Sebco Development Inc also offers transitional housing for the homeless and meals for the elderly, demonstrating their dedication to addressing various social needs within their community.
Impact
This information is meant to be a general summary of Sebco Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 1, 2024
Sebco Development Inc has had a significant impact in the South Bronx community of New York City through its development of over 6,000 units of subsidized housing. By focusing on housing for low-income, elderly, and disabled individuals, Sebco has played a crucial role in providing affordable and safe living spaces for those in need. In addition to housing development, Sebco also offers social services, transitional housing for the homeless, and meals for the elderly, contributing to the overall well-being of the community members they serve. Their commitment to continually providing well-maintained, secure housing and supportive services has helped improve the quality of life for many families and individuals in the Bronx.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NYC DEPARTMENT OF THE AGING
Revenue
$687,871
Organization Details
Founding Year
1978
Phone
(347) 726-2547
Principal Officer
Salvatore Gigante
Main Address
429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY, 10455
Website
www.sebcodevelopment.org
NTEE Category
Code: L210 - Housing
If you are a representative of Sebco Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.