Nonprofit · EIN 20-1565775
GALEO LATINO COMMUNITY DEVELOPMENT FUND INC
Tax-exempt · ATLANTA, GA 30359
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,516,291 | $2,198,947 | -$682,656 | $1,147,395 | $124,248 | $1,023,147 |
| December 31, 2023 | 990 | $1,867,943 | $2,026,738 | -$158,795 | $1,855,668 | $149,898 | $1,705,770 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,470,035
- Program service revenue
- $0
- Investment income
- $46,256
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,661,980
- Salaries, compensation and benefits (total)
- $1,661,980
- Professional fundraising fees
- $0
- Accounting fees
- $95,652
- Occupancy
- $61,493
- Travel
- $54,231
- Program services (functional)
- $1,770,776
- Management and general (functional)
- $253,955
- Fundraising (functional)
- $174,216
Balance sheet and other
- Total assets, start of year
- $1,855,668
- Total assets, end of year
- $1,147,395
- Total liabilities, end of year
- $124,248
- Net assets, end of year
- $1,023,147
- Net assets without donor restrictions
- $1,023,147
- Gross receipts
- $1,516,291
- Employees
- 20
- Volunteers
- 45
- Year formed
- 2004
- State of legal domicile
- GA
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 |
|---|---|---|---|
| GERARDO GONZAL | CEO Key employee, Highest-paid employee | 35 | $143,625 |
| ART GAMBILL | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| JEFFREY ELLMAN | SECRETARY Trustee or director, Officer | 2 | $0 |
| CLAUDIA ACOSTA | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| ALLAN SOTO | TREASURER Trustee or director, Officer | 2 | $0 |
| OLIVIA RIOS | MEMBER Officer | 2 | $0 |
| EVELYN WOODSON | MEMBER Officer | 2 | $0 |
| MARIA ALVAREZ | MEMBER Officer | 2 | $0 |
| KYLE MURPHY | MEMBER Officer | 2 | $0 |
| REY POL | MEMBER Officer | 2 | $0 |
| JEFFERSON DOMI | MEMBER Officer | 2 | $0 |
| CHRISTIAN ESCO | MEMBER Officer | 2 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GERARDO GONZAL | CEO Key employee, Highest-paid employee | 20 | $133,028 |
| ART GAMBILL | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| JEFFREY ELLMAN | SECRETARY Trustee or director, Officer | 2 | $0 |
| ADRIANA VARELA | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| SARAH LOPEZ | TREASURER Trustee or director, Officer | 2 | $0 |
| JASON ESTEVES | MEMBER Officer | 2 | $0 |
| EVELYN WOODSON | MEMBER Officer | 2 | $0 |
| LEONARD GOMEZ | MEMBER Officer | 2 | $0 |
| KYLE MURPHY | MEMBER Officer | 2 | $0 |
| ADELA YELTON | MEMBER Officer | 2 | $0 |
| PETER VILLEGAS | MEMBER Officer | 2 | $0 |
| ALLAN SOTO | MEMBER Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 29506, ATLANTA, GA 30359-0506
- In care of
- % JERRY GONZALEZ
- Principal officer (990 for 2024)
- GERARDO GONZALEZ, PO BOX 29506, ATLANTA, GA 30359
- Signed the 990
- GERARDO GONZALEZ, CEO
- Phone
- (678) 691-1086
- Website
- WWW.GALEO.ORG
- Return prepared by
- JJR & ASSOCIATES LLC
Mission
SEE SCHEDULE O
Program accomplishments
- LATINO LEADERSHIP DEVELOPMENTExpenses $1,770,776
- CIVIC ENGAGEMENT, VOTER REGISTRATION, VOTING RIGHTS, BIPOC ISSUES
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
- 20-1565775
- 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
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $1,147,395
- Income (IRS master file)
- $1,516,291
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,516,291 | $2,198,947 | $1,147,395 | IRS |
| 990 | December 2023 | $1,867,943 | $2,026,738 | $1,855,668 | XML |
| 990 | December 2022 | $1,901,294 | $2,193,613 | $2,039,150 | 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 20-1565775).
Questions about GALEO LATINO COMMUNITY DEVELOPMENT FUND INC
- What is the EIN of GALEO LATINO COMMUNITY DEVELOPMENT FUND INC?
- The employer identification number (EIN) of GALEO LATINO COMMUNITY DEVELOPMENT FUND INC is 20-1565775.
- Is GALEO LATINO COMMUNITY DEVELOPMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to GALEO LATINO COMMUNITY DEVELOPMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GALEO LATINO COMMUNITY DEVELOPMENT FUND INC 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 GALEO LATINO COMMUNITY DEVELOPMENT FUND INC 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 GALEO LATINO COMMUNITY DEVELOPMENT FUND INC 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 GALEO LATINO COMMUNITY DEVELOPMENT FUND INC?
- The 990 for the year ended December 31, 2024 names GERARDO GONZALEZ.
- Who are the officers and directors of GALEO LATINO COMMUNITY DEVELOPMENT FUND INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $143,625 (GERARDO GONZAL, CEO).
- How much revenue does GALEO LATINO COMMUNITY DEVELOPMENT FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,516,291, expenses of $2,198,947 and total assets of $1,147,395 at year end.
Other nonprofits in ATLANTA
- GSMA LTD EIN 20-4991061 · last filed 990 for 2025
- GSMA IP LLC EIN 38-4206894 · last filed 990 for 2025
- GSMA SERVICES LLC EIN 36-5008209 · last filed 990 for 2025
- MIDTOWN BUSINESS ASSOCIATION INC EIN 58-1341100 · last filed 990 for 2025
- CORENET GLOBAL INC EIN 52-2337734 · last filed 990 for 2025
- RUSSELL INNOVATION CENTER FOR ENTREPRENEURS INC EIN 81-0727619 · last filed 990 for 2024
- NATIONAL BLACK M B A ASSOCIATION INC EIN 23-7348780 · last filed 990 for 2024
- FCS URBAN MINISTRIES INC EIN 58-1330830 · last filed 990 for 2024
All nonprofits in ATLANTA · Georgia · Community improvement and capacity building