South Bronx Churches Sponsoring Committee is located in Bronx, NY. The organization was established in 1989. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Bronx Churches Sponsoring Committee is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, South Bronx Churches Sponsoring Committee generated $11.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $11.7k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (25.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SBC IS COMPRISED OF OF VARIOUS DUES-PAYING CONGREGATIONS OF VARIOUS DENOMINATIONS AND ORGANIZATIONS. SBC ORGANIZERS TRAIN RESIDENTS AND LEADERS OF THESE CONGREGATIONS TO BECOME ACTIVE IN COMMUNITY PRESERVATION AND NEIGHBORHOOD DEVELOPMENT FOR A BETTER QUALITY OF LIFE PARTICULARLY IN THE SOUTH BRONX, NY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rev Bertram Bennett President | 5 | $0 | |
Maria Paguero Vice President | 2 | $0 | |
Felix Santiago Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,150 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,000 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $11,150 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $7,330 |
Professional fees and other payments to independent contractors | $300 |
Occupancy, rent, utilities, and maintenance | $3,600 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $430 |
Total expenses | $11,660 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $4,865 |
Net assets or fund balances | -$4,865 |