CREDIT INC

As filed

Subsection

03

NTEE code

S31Z

Classification

1000

Street

555 BERGEN AVENUE 3RD FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• SOBRO DEVELOPMENT CORPORATION

  EIN 13-3157572

• SOBRO LOCAL DEVELOPMENT CORPORATION

  EIN 13-2943228

• SOUTH BRONX OVERALL ECONOMIC DEVELOPMENT CORPORATION

  EIN 13-2736022

Mission and programs · 2024

• 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.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  — not reported

  Expenses

  — not reported

  Contributions

  $0

  Grants paid

  — not reported

• 2023

  Revenue

  $0

  Expenses

  $241

  Contributions

  — not reported

  Grants paid

  — not reported

• 2022

  Revenue

  $0

  Expenses

  $42,485

  Contributions

  $0

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $25,000

  Expenses

  $68,369

  Assets (EOY)

  $79,171

• 2020 · 990-EZ

  Revenue

  $50,000

  Expenses

  $12,669

  Assets (EOY)

  $71,247

• 2019 · 990-EZ

  Revenue

  $0

  Expenses

  $8,798

  Assets (EOY)

  $24,200

• 2018 · 990-EZ

  Revenue

  $54,200

  Expenses

  $101,378

  Assets (EOY)

  $41,060

• 2017 · 990-EZ

  Revenue

  $48,954

  Expenses

  $40,121

  Assets (EOY)

  $96,238

• 2016 · 990-EZ

  Revenue

  $82,602

  Expenses

  $64,341

  Assets (EOY)

  $113,385

• 2016 · 990-EZ

  Revenue

  $69,282

  Expenses

  $64,341

  Assets (EOY)

  $113,385

• 2015 · 990-EZ

  Revenue

  $93,774

  Expenses

  $75,152

  Assets (EOY)

  $118,404

• 2014 · 990-EZ

  Revenue

  $100,940

  Expenses

  $77,874

  Assets (EOY)

  $141,227

• 2011 · 990-EZ

  Revenue

  $34,393

  Expenses

  $33,340

  Assets (EOY)

  $64,351

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Form 990-N e-Postcard, tax year 2013

Tax period

1 April 2013 to 31 March 2014

Principal officer

Show names as filed Phillip MorrowPHILLIP MORROW

Mailing address

555 BERGEN AVENUENEW YORK NY 10455

Website

WWW.SOBRO.ORG

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files