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EIN 13-3790222

Credit

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Bronx
State
New York
Year formed
1981
Most recent tax filings
2022-03-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Credit Inc provides financial services and incentives for businesses in distressed communities, including procurement assistance and government contract support.
Related structure
Credit is a subordinate organization under South Bronx Overall Economic Development Corporation (SoBRO).
Total revenues
$25,000
2022
Total expenses
$68,369
2022
Total assets
$79,171
2022
Num. employees
0
2022

Program areas at Credit

The procurement and technical assistance program helped local businesses to secure government contracts.
The industrial development and job creation programs provide an extensive range of commercial and industrial business incentives through partnerships with government agencies to attract investment and insure the existing businesses can thrive.

Personnel at Credit

NameTitleCompensation
Lourdes ZapataPresident and Chief Executive Officer$0
Steven BrownPast President and Chief Executive Officer$0
Phillip MorrowPresident$0

Financials for Credit

RevenuesFYE 03/2022
Total grants, contributions, etc.$0
Program services$25,000
Membership dues$0
Investment income and dividends$0
Net gain from sale of non-inventory assets$0
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$25,000

Form 990s for Credit

Fiscal year endingDate received by IRSFormPDF link
2021-032023-06-13990EZView PDF
2020-032022-08-24990EZView PDF
2019-032021-07-28990EZView PDF
2018-032019-05-14990EZView PDF
2017-032019-05-14990EZView PDF
...and 6 more Form 990s
Data update history
July 23, 2023
Updated personnel
Identified 12 new personnel
July 22, 2023
Used new vendors
Identified 1 new vendor, including
May 12, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from The Bank of America Charitable Foundation
May 11, 2023
Used new vendors
Identified 1 new vendor, including
April 14, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsChapter / child organizationsCharities
Issues
Economic developmentBusiness and industry
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
555 Bergen Ave 3rd Floor
Bronx, NY 10455
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Bronx County, NY
Website URL
sobro.org/ 
Phone
(718) 292-3113
IRS details
EIN
13-3790222
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Subordinate organization
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