Nonprofit · EIN 16-1536196
CENTRAL TERMINAL RESTORATION CORP
Tax-exempt · BUFFALO, NY 14212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,087,862 | $725,292 | $2,362,570 | $21,296,264 | $10,224,590 | $11,071,674 |
| December 31, 2023 | 990 | $1,755,116 | $471,039 | $1,284,077 | $19,153,835 | $10,444,731 | $8,709,104 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,077,330
- of which government grants
- $2,311,591
- Program service revenue
- $2,800
- Investment income
- $7,332
- Other revenue
- $400
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $129,016
- Other salaries and wages
- $105,912
- Salaries, compensation and benefits (total)
- $287,328
- Professional fundraising fees
- $0
- Legal fees
- $33,832
- Accounting fees
- $25,145
- Occupancy
- $30,436
- Travel
- $5,881
- Program services (functional)
- $612,183
- Management and general (functional)
- $113,109
Balance sheet and other
- Total assets, start of year
- $19,153,835
- Total assets, end of year
- $21,296,264
- Total liabilities, end of year
- $10,224,590
- Net assets, end of year
- $11,071,674
- Land, buildings and equipment
- $20,121,586
- Net assets without donor restrictions
- $11,071,674
- Gross receipts
- $3,087,862
- Employees
- 3
- Volunteers
- 90
- Year formed
- 1997
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MONICA PELLEGRINO FAIX | EXECUTIVE DIRECTOR Officer | 40 | $129,016 | $18,317 |
| JAMES MORRELL | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ANNIE O'NEIL WHITE | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| THOMAS KUCHARSKI | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| JOHN JILOTY | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| THOMAS BEAUFORD JR | DIRECTOR Trustee or director | 3 | $0 | $0 |
| PAUL HARRIS | DIRECTOR Trustee or director | 3 | $0 | $0 |
| ANGELA KLEIN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| KIMBERLEY LAVARE | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MIKE NISENGARD | DIRECTOR Trustee or director | 3 | $0 | $0 |
| CHRISTINA ORSI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| GUSTAVO LIMA | DIRECTOR Trustee or director | 5 | $0 | $0 |
| CARL SKOMPINSKI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| RISHAWN SONUBI | DIRECTOR Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MONICA PELLEGRINO FAIX | EXECUTIVE DIRECTOR Officer | 40 | $138,428 | $11,147 |
| JAMES MORRELL | CHAIR (AS OF MARCH 2023) Trustee or director, Officer | 5 | $0 | $0 |
| ANNIE O'NEIL WHITE | VICE CHAIR (AS OF MARCH 2023) Trustee or director, Officer | 5 | $0 | $0 |
| THOMAS KUCHARSKI | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| JOHN JILOTY | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| ANGELA KLEIN | DIRECTOR Trustee or director | 3 | $0 | $0 |
| THOMAS BEAUFORD JR | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MIKE NISENGARD | DIRECTOR Trustee or director | 5 | $0 | $0 |
| GUSTAVO LIMA | DIRECTOR Trustee or director | 3 | $0 | $0 |
| CARL SKOMPINSKI | DIRECTOR Trustee or director | 3 | $0 | $0 |
| STEPHANIE CLARK | CHAIR (THROUGH MARCH 2023) Trustee or director, Officer | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 51, BUFFALO, NY 14212-0051
- Principal officer (990 for 2024)
- JAMES MORRELL, PO BOX 51, BUFFALO, NY 14212
- Signed the 990
- JAMES MORRELL, CHAIR
- Phone
- (716) 754-6142
- Return prepared by
- WITHUM SMITH & BROWN PC
Mission
TO DEVELOP THE BUFFALO CENTRAL TERMINAL - A MAJESTIC HISTORIC LANDMARK - AS A LASTING CULTURAL AND ECONOMIC HUB FOR THE COMMUNITY.
Program accomplishments
- SUPPORTED THE PROMOTION, PRESERVATION, AND REUSE OF THE BUFFALO CENTRAL TERMINAL THROUGH ORGANIZATIONAL CAPACITY BUILDING, REAL ESTATE DEVELOPMENT PLANNING, CAPITAL IMPROVEMENTS AND BUILDING MAINTENANCE, AND COORDINATION OF COMMUNITY EVENTS AND ACTIVITIES.Expenses $612,183 · revenue $2,800
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 16-1536196
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $21,296,264
- Income (IRS master file)
- $3,087,862
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,087,862 | $725,292 | $21,296,264 | XML |
| 990 | December 2023 | $1,755,116 | $471,039 | $19,153,835 | XML |
| 990 | December 2022 | $792,090 | $376,621 | $17,029,607 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1536196).
Questions about CENTRAL TERMINAL RESTORATION CORP
- What is the EIN of CENTRAL TERMINAL RESTORATION CORP?
- The employer identification number (EIN) of CENTRAL TERMINAL RESTORATION CORP is 16-1536196.
- Is CENTRAL TERMINAL RESTORATION CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CENTRAL TERMINAL RESTORATION CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTRAL TERMINAL RESTORATION CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CENTRAL TERMINAL RESTORATION CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTRAL TERMINAL RESTORATION CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CENTRAL TERMINAL RESTORATION CORP?
- The 990 for the year ended December 31, 2024 names JAMES MORRELL.
- Who are the officers and directors of CENTRAL TERMINAL RESTORATION CORP?
- The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $129,016 (MONICA PELLEGRINO FAIX, EXECUTIVE DIRECTOR).
- How much revenue does CENTRAL TERMINAL RESTORATION CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,087,862, expenses of $725,292 and total assets of $21,296,264 at year end.
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