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Nonprofit · EIN 61-0733046

CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC

Tax-exempt · COVINGTON, KY 41011

Financials

$1.1M$1.1M2023$624K$792K2024$633K$766K2025
Revenue Expenses · by fiscal year end
Financials of CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$632,883$766,401-$133,518$2,888,041$678,718$2,209,323
December 31, 2024990$623,552$792,363-$168,811$3,004,393$714,019$2,290,374
December 31, 2023990$1,104,957$1,054,771$50,186$3,646,992$1,227,240$2,419,752
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$520,598
of which government grants
$462,570
Program service revenue
$49,998
Investment income
$2,081
Net rental income
$23,462
Other revenue
$60,206

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$75,000
Other salaries and wages
$221,046
Salaries, compensation and benefits (total)
$361,643
Professional fundraising fees
$0
Accounting fees
$60,328
Occupancy
$1,467
Depreciation
$66,449
Program services (functional)
$640,229
Management and general (functional)
$87,743
Fundraising (functional)
$38,429

Balance sheet and other

Total assets, start of year
$3,004,393
Total assets, end of year
$2,888,041
Total liabilities, end of year
$678,718
Net assets, end of year
$2,209,323
Land, buildings and equipment
$2,173,998
Publicly traded securities
$452,243
Net assets without donor restrictions
$1,879,767
Net assets with donor restrictions
$329,556
Gross receipts
$774,579
Employees
7
Volunteers
887
Year formed
1972
State of legal domicile
KY

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
Shannon RattermanExecutive Director
Trustee or director
40$75,000
Chelsey O'ConnellTrustee
Trustee or director
1$0
Megan MeyerTrustee
Trustee or director
1$0
Dietra Bohannon RileyTrustee
Trustee or director
1$0
John BaldockTreasurer
Trustee or director, Officer
1$0
Loren Vandyke WolffChair
Trustee or director, Officer
1$0
Nathan TainterTrustee
Trustee or director
1$0
Katie MeckstrothTrustee
Trustee or director
1$0
Ross PattenTrustee
Trustee or director
1$0
Erin GrahamTrustee
Trustee or director
1$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
Shannon RattermanExecutive Director
Trustee or director
40$75,000
Tashawa PerrinTrustee
Trustee or director
1$0
Greg PaethTrustee
Trustee or director
1$0
Dietra BohannonTrustee
Trustee or director
1$0
John BaldockTreasurer
Trustee or director, Officer
1$0
Jim GuthrieTrustee
Trustee or director
1$0
Gene WeberTrustee
Trustee or director
1$0
Loren Vandyke WolffChair
Trustee or director, Officer
1$0
Nathan TainterTrustee
Trustee or director
1$0
Katie MeckstrothTrustee
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
SHANNON RATTERMANEXECUTIVE DIRECTOR
Trustee or director
40$75,000
TASHAWA PERRINTRUSTEE
Trustee or director
1$0
GREG PAETHTRUSTEE
Trustee or director
1$0
DIETRA BOHANNONTRUSTEE
Trustee or director
1$0
BRIAN POTTERTREASURER
Trustee or director, Officer
1$0
JIM GUTHRIETRUSTEE
Trustee or director
1$0
GENE WEBERTRUSTEE
Trustee or director
1$0
LOREN VANDYKE WOLFFCHAIR
Trustee or director, Officer
1$0
NATHAN TAINTERTRUSTEE
Trustee or director
1$0
KATIE MECKSTROTHTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
321 W MLK BLVD, COVINGTON, KY 41011-2251
Principal officer (990 for 2025)
Shannon Ratterman, 321 W MLK Blvd, Covington, KY 41011
Signed the 990
Shannon Ratterman, Executive Director
Phone
(859) 491-2220
Return prepared by
Baker Business and Tax Solutions

Mission

To Provide community support and programming in development, financial wellbeing, building healthy communities and partnerships for youth and families

990 for the year ended December 31, 2025

Program accomplishments

  • The Center for Great Neighborhoods strives to help residents discover their strengths, interact with their neighbors, and work together to improve the quality of life in their neighborhoods and community. Toward that end, the center offers programs in the areas of health, creative placemaking, youth and families and financial wellbeing
    Expenses $593,532
  • The Center provides custodial accounts to resident led community groups working to improve their neighborhoods when that work aligns with its mission and strategic focus.
    Expenses $46,697 · revenue $49,998

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
61-0733046
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
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,888,041
Income (IRS master file)
$774,579

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$632,883$766,401$2,888,041XML
990December 2024$623,552$792,363$3,004,393XML
990December 2023$1,104,957$1,054,771$3,646,992XML
990December 2022$1,142,482$1,275,572$3,790,158IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 61-0733046).

Questions about CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC

What is the EIN of CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC?
The employer identification number (EIN) of CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC is 61-0733046.
Is CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON 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 CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC 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 CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC 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 CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC?
The 990 for the year ended December 31, 2025 names Shannon Ratterman.
Who are the officers and directors of CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $75,000 (Shannon Ratterman, Executive Director).
How much revenue does CENTER FOR GREAT NEIGHBORHOODS OF COVINGTON INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $632,883, expenses of $766,401 and total assets of $2,888,041 at year end.

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