Sebco Development Inc

Housing & shelter organization based in Bronx, NY. 41 employees. Exempt under §501(c)(3).

MissionSEBCO DEVELOPMENT INC. IS A NON PROFIT COMMUNITY BASED ORGANIZATION COMMITTED TO DEVELOPING AND MAINTAINING AFFORDABLE AND SAFE HOUSING IN THE CITY OF NEW YORK. SEBCO STRIVES TO CONTINUALLY PROVIDE WELL MAINTAINED, SECURE HOUSING ALONG WITH THE SUPPORTIVE SERVICES NEEDED TO

Financial snapshot · TY 2024

$1.8M
Total revenue
$2.1M
Total expenses
$8.1M
Net assets

Financial health · TY 2024

73
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
37.1 months of expenses
Program efficiency
42
66.9% spent on programs
Revenue diversity
80
Mix of program fees, grants & contributions

Leadership compensation

Salvatore Gigante
CEO/DIRECTOR
$250,490
96th percentile vs. peers
Sonal Shah
CONTROLLER
$144,679
91th percentile vs. peers
Angela Davis Farrish
CHIEF EXECUTIVE DIRECTOR
$34,615
6th percentile vs. peers

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Sebco Development Inc Executive Compensation | 990 Data | DoubleNine