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Nonprofit · EIN 20-1342513

CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION

Tax-exempt · LOVELAND, CO 80538

Financials

$3.1M$2.6M2023$3.2M$1.9M2024$2.7M$710K2025
Revenue Expenses · by fiscal year end
Financials of CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,708,078$710,028$1,998,050$4,141,475$313,918$3,827,557
December 31, 2024990$3,183,184$1,876,111$1,307,073$2,131,176$301,669$1,829,507
December 31, 2023990$3,068,733$2,629,270$439,463$786,984$264,550$522,434
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,699,691
Investment income
$8,387
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$2,552
Accounting fees
$41,716
Program services (functional)
$601,606
Management and general (functional)
$108,422

Balance sheet and other

Total assets, start of year
$2,131,176
Total assets, end of year
$4,141,475
Total liabilities, end of year
$313,918
Net assets, end of year
$3,827,557
Net assets without donor restrictions
$3,827,557
Gross receipts
$2,708,078
Employees
0
Volunteers
6
Year formed
2004
State of legal domicile
CO

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
TIM DEPEDERPRESIDENT (THRU 03/25)
Trustee or director, Officer
1$0
RISHI LUNAPRESIDENT
Trustee or director, Officer
1$0
KIM PERRYVICE PRESIDENT
Trustee or director, Officer
1$0
JIM THOMPSONASST. VICE-PRESIDENT
Trustee or director, Officer
1$0
JEFF BREIDENBACHSECRETARY/TREASURER
Trustee or director, Officer
1$0
GRIFFIN BARLOWASST. SECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
TIM DEPEDERPRESIDENT
Trustee or director, Officer
1$0
KIM PERRYVICE PRESIDENT
Trustee or director, Officer
1$0
JIM THOMPSONASST. VICE-PRESIDENT
Trustee or director, Officer
1$0
JEFF BREIDENBACHSECRETARY/TREASURER
Trustee or director, Officer
1$0
GRIFFIN BARLOWASST. SECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
TIM DEPEDERPRESIDENT
Trustee or director, Officer
1$0
KIM PERRYVICE PRESIDENT
Trustee or director, Officer
1$0
ROD WENSINGASST. VICE-PRESIDENT
Trustee or director, Officer
1$0
JEFF BREIDENBACHSECRETARY/TREASURER
Trustee or director, Officer
1$0
GRIFFIN BARLOWASST. SECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
2725 ROCKY MOUNTAIN AVE STE 200, LOVELAND, CO 80538-8717
In care of
% DOUGLAS L HILL
Principal officer (990 for 2025)
JEFF BREIDENBACH, 2725 ROCKY MOUNTAIN AVE 200, LOVELAND, CO 80538
Signed the 990
JEFF BREIDENBACH, PRESIDENT
Phone
(970) 962-9990
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

COLLECTING, HOLDING AND DISBURSING THE PUBLIC IMPROVEMENT FEE INCOME.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $601,606 · revenue $2,699,691

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1342513
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,141,475
Income (IRS master file)
$2,708,078

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,708,078$710,028$4,141,475XML
990December 2024$3,183,184$1,876,111$2,131,176XML
990December 2023$3,068,733$2,629,270$786,984XML
990December 2022$2,953,182$2,946,873$405,873IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 20-1342513).

Questions about CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION

What is the EIN of CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION?
The employer identification number (EIN) of CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION is 20-1342513.
Is CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2006.
Are donations to CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION 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 CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION?
The 990 for the year ended December 31, 2025 names JEFF BREIDENBACH.
Who are the officers and directors of CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does CENTERRA PUBLIC IMPROVEMENT COLLECTION CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,708,078, expenses of $710,028 and total assets of $4,141,475 at year end.

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