2026-09-18T09:41:57-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 2001 16TH STREET SUITE 1700 DENVER CO 80202 990 2025-01-01 201342513 CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION CENT 9709629990 2725 ROCKY MOUNTAIN AVE 200 LOVELAND CO 80538 JEFF BREIDENBACH PRESIDENT 9709629990 2026-09-17 1 REBECCA DETTMANN CPA P01408585 3037795710 2026-09-17 2025 JEFF BREIDENBACH 2725 ROCKY MOUNTAIN AVE 200 LOVELAND CO 80538 2708078 0 X N/A X 2004 CO COLLECTING, HOLDING AND DISBURSING THE PUBLIC IMPROVEMENT FEE INCOME. 5 5 0 6 0 0 0 0 3183184 2699691 0 8387 0 0 3183184 2708078 0 0 0 0 0 0 0 0 0 1876111 710028 1876111 710028 1307073 1998050 2131176 4141475 301669 313918 1829507 3827557 COLLECTING, HOLDING AND DISBURSING THE PUBLIC IMPROVEMENT FEE INCOME. 0 0 601606 0 2699691 THE CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION ("PIC") WAS ESTABLISHED AS A NONPROFIT CORPORATION UNDER THE LAWS OF THE STATE OF COLORADO FOR THE PURPOSE OF COLLECTING, HOLDING AND DISBURSING THE PUBLIC IMPROVEMENT FEE INCOME AS MANDATED UNDER THE TERMS OF THE MASTER FINANCING AGREEMENT ("MFA"). THE MFA WAS AUTHORIZED BY THE CITY OF LOVELAND, COLORADO AND THE LOVELAND URBAN RENEWAL AUTHORITY TO PROMOTE THE CITY'S PUBLIC PURPOSES. THESE ARE THE PRIMARY ACTIVITIES OF THE PIC. THE PIC SERVES THE PARTICIPATING ENTITIES OF THE MFA BY DISBURSING FUNDS COLLECTED BY THE COLLECTION AGENT, THE CITY OF LOVELAND. 601606 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X SUSANNE DURKIN-SCHINDLER 9704128786 1737 NORWOOD LANE FORT COLLINS CO 80525 X TIM DEPEDER PRESIDENT (THRU 03/25) 1.00 1.00 X X 0 0 0 RISHI LUNA PRESIDENT 1.00 1.00 X X 0 0 0 KIM PERRY VICE PRESIDENT 1.00 0.00 X X 0 0 0 JIM THOMPSON ASST. VICE-PRESIDENT 1.00 0.00 X X 0 0 0 JEFF BREIDENBACH SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 GRIFFIN BARLOW ASST. SECRETARY 1.00 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 PUBLIC IMPROVEMENT FEE 561000 2699691 2699691 2699691 8387 8387 2708078 2699691 0 8387 X 28909 28909 2552 2552 41716 41716 601606 601606 129 129 25000 25000 10116 10116 710028 601606 108422 0 2131176 4141475 2131176 4141475 301669 313918 301669 313918 X 1829507 3827557 1829507 3827557 2131176 4141475 1998050 0 X X 0 1 X 1 0 0 X 2708078 0 2708078 0 2708078 710028 0 710028 0 710028 PART X, LINE 2: THE PIC IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND IS NOT SUBJECT TO FEDERAL INCOME TAXES, EXCEPT FOR UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME TAX, IF ANY, IS INSIGNIFICANT, AND NO PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE PIC FOLLOWS THE PROVISIONS OF ASC 740-10, INCOME TAXES, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE PIC RECOGNIZES THE TAX BENEFIT OF UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE TAX BENEFIT IS MEASURED AS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT. FORM 990, PART VI, SECTION A, LINE 1A BY ONE OR MORE RESOLUTIONS ADOPTED BY A MAJORITY OF THE DIRECTORS THEN IN OFFICE, THE BOARD OF DIRECTORS MAY DESIGNATE FROM AMONG ITS MEMBERS ONE OR MORE COMMITTEES, EACH OF WHICH, TO THE EXTENT PROVIDED IN THE RESOLUTION ESTABLISHING SUCH COMMITTEE, SHALL HAVE AND MAY EXERCISE ALL OF THE AUTHORITY OF THE BOARD, EXCEPT AS PROHIBITED BY STATUTE. THE DELEGATION OF AUTHORITY TO ANY COMMITTEE SHALL NOT OPERATE TO RELIEVE THE BOARD OR ANY OF ITS MEMBERS FROM ANY RESPONSIBILITY IMPOSED BY LAW. RULES GOVERNING PROCEDURES FOR MEETINGS OF ANY COMMITTEE OF THE BOARD SHALL BE AS ESTABLISHED BY THE BOARD, OR IN THE ABSENCE THEREOF, BY THE COMMITTEE ITSELF. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD PRESIDENT REVIEWS AND APPROVES THE FORM 990. A FULL COPY OF THE FORM 990 IS THEN PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE PERSONS COVERED UNDER THIS POLICY INCLUDE DIRECTORS, PARTIES RELATED TO A DIRECTOR, AND ENTITIES IN WHICH A DIRECTOR OF THE CORPORATION IS A DIRECTOR OR OFFICER OR HAS A FINANCIAL INTEREST. NO CONFLICTING INTEREST TRANSACTIONS SHALL BE VOID OR VOIDABLE OR BE ENJOINED, SET ASIDE, OR GIVE RISE TO AN AWARD OF DAMAGES OR OTHER SANCTIONS IN A PROCEEDING IN THE RIGHT OF THE CORPORATION SOLELY BECAUSE THE CONFLICTING INTEREST TRANSACTION INVOLVES A DIRECTOR OF THE CORPORATION OR A PARTY RELATED TO A DIRECTOR OR AN ENTITY IN WHICH A DIRECTOR OF THE CORPORATION IS A DIRECTOR OR OFFICER OR HAS FINANCIAL INTEREST OR SOLELY BECAUSE THE DIRECTOR IS PRESENT AT OR PARTICIPATES IN THE MEETING OF THE CORPORATION'S BOARD OF DIRECTORS OR OF THE COMMITTEE OF THE BOARD OF DIRECTORS THAT AUTHORIZES, APPROVES OR RATIFIES THE CONFLICTING INTEREST TRANSACTION, OR SOLELY BECAUSE THE DIRECTOR'S VOTE IS COUNTED FOR SUCH PURPOSE IF: 1. THE MATERIAL FACTS AS TO THE DIRECTOR'S RELATIONSHIP OR INTEREST AND AS TO THE CONFLICTING INTEREST TRANSACTION ARE DISCLOSED OR ARE KNOWN TO THE BOARD OF DIRECTORS OR THE COMMITTEE, AND THE BOARD OR COMMITTEE IN GOOD FAITH AUTHORIZES, APPROVES, OR RATIFIES THE CONFLICTING INTEREST TRANSACTION BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED DIRECTORS, EVEN THOUGH THE DISINTERESTED DIRECTORS ARE LESS THAN A QUORUM; OR 2. THE CONFLICTING INTEREST TRANSACTION IS FAIR AS TO THE CORPORATION. COMMON OR INTERESTED DIRECTORS MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD OF DIRECTORS OR OF A COMMITTEE THAT AUTHORIZES, APPROVES, OR RATIFIES THE CONFLICTING INTEREST TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSTRUCTION REIMBURSMENTS: PROGRAM SERVICE EXPENSES 601,606. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 601,606. FORM 990, PART XII, LINE 2C THE PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. CENTERRA RETAIL SALES FEE CORP 2725 ROCKY MOUNTAIN AVE SUITE 200 LOVELAND CO 80538 201342544 TO COLLECT, HOLD AND DISBURE RETAIL SALES FEE INCOME CO 501(C)(4) N/A 0 REALBERRY REAL ESTATE SERVICES LLC 2725 ROCK MOUNTAIN AVE SUITE 200 LOVELAND CO 80538 841278230 REAL ESTATE CO N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0