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Nonprofit · EIN 66-0604909

CENTRO ARARAT INC

Tax-exempt · PONCE, PR 00732

Financials

$26.3M$26M2023$33.2M$29.5M2024
Revenue Expenses · by fiscal year end
Financials of CENTRO ARARAT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$33,159,440$29,529,493$3,629,947$15,583,157$2,463,763$13,119,394
December 31, 2023990$26,308,355$26,035,737$272,618$12,121,772$2,576,700$9,545,072
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,731,209
of which government grants
$1,731,209
Program service revenue
$30,474,522
Investment income
$0
Other revenue
$953,709

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$971,894
Other salaries and wages
$5,130,601
Salaries, compensation and benefits (total)
$6,940,066
Professional fundraising fees
$0
Occupancy
$576,739
Travel
$155,676
Depreciation
$115,774
Program services (functional)
$17,436,616
Management and general (functional)
$12,092,877

Balance sheet and other

Total assets, start of year
$12,121,772
Total assets, end of year
$15,583,157
Total liabilities, end of year
$2,463,763
Net assets, end of year
$13,119,394
Land, buildings and equipment
$556,009
Net assets with donor restrictions
$13,119,394
Gross receipts
$33,159,440
Employees
130
Volunteers
0
Year formed
2001
State of legal domicile
PR

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.

NameTitleHours / weekCompensationFrom related orgs
IVAN MELENDEZCOO
Officer
40$0$233,287
SAMUEL MELENDEZCI TO
Officer
40$0$216,015
Jimmy Acosta OrtizCEO
Officer
40$208,807$0
MARIBEL ACEVEDOMEDICAL DIRECTOR
Officer
40$196,408$0
Carlos Carrero RodriguezCFO
Officer
40$191,793$0
ROBERTO CALDERONDOCTOR
Highest-paid employee
40$152,105$0
MARIA LUGOCAO
Officer
40$147,003$0
IVAN BAEZDOCTOR
Highest-paid employee
40$139,804$0
JUAN RAMIREZDOCTOR
Highest-paid employee
40$128,564$0
NADJA DIAZDOCTOR
Highest-paid employee
40$123,717$0
Rebecca Martinez LugoHuman Resources
Officer
40$122,999$0
JULIO BACODOCTOR
Highest-paid employee
40$120,164$0
Melvin G Alvarado MatosController
Key employee
40$104,884$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgs
IVAN MELENDEZCOO
Officer
40$0$235,000
SAMUEL MELENDEZCI TO
Officer
40$0$232,200
Jimmy Acosta OrtizCEO
Officer
40$203,408$0
Carlos Carrero RodriguezCFO
Officer
40$197,897$0
MARIBEL ACEVEDOMEDICAL DIRECTOR
Officer
40$189,809$0
ROBERTO CALDERONDOCTOR
Highest-paid employee
40$147,106$0
MARIA LUGOCAO
Officer
40$146,248$0
IVAN BAEZDOCTOR
Highest-paid employee
40$138,305$0
NADJA DIAZDOCTOR
Highest-paid employee
40$121,709$0
Rebecca Martinez LugoHuman Resources
Officer
40$120,600$0
JUAN RAMIREZDOCTOR
Highest-paid employee
40$120,065$0
JULIO BACODOCTOR
Highest-paid employee
40$117,564$0
Melvin G Alvarado MatosController
Key employee
40$101,884$0

Address and contacts

Address (IRS master file)
PO BOX 7793, PONCE, PR 00732-7793
In care of
% CARLOS CARRERO
Principal officer (990 for 2024)
CARLOS CARRERO, 8169 CONCORDIA STE 412, PONCE, PR 00717
Signed the 990
CARLOS, CARRERO
Phone
(787) 284-5884
Return prepared by
OJEDA CPA GROUP PSC

Mission

The Center provides medical assistance to HIV patients principally sponsored by federal grants. They provide their services in six clinics located around Puerto Rico. They also provide educational services regarding the prevention of health diseases such as HIV etc.

990 for the year ended December 31, 2024

Program accomplishments

  • The Center is growing every year by providing assistance to more than a thousand patients. The Center has six clinics around Puerto Rico and plans to keep growing.
    Expenses $17,436,616

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
66-0604909
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E32)
Assets (IRS master file)
$15,583,157
Income (IRS master file)
$33,159,440

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$33,159,440$29,529,493$15,583,157XML
990December 2023$26,308,355$26,035,737$12,121,772XML
990December 2022$22,062,137$25,495,064$12,520,564IRS
990December 2021$28,478,852$22,318,718$15,030,624IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about CENTRO ARARAT INC

What is the EIN of CENTRO ARARAT INC?
The employer identification number (EIN) of CENTRO ARARAT INC is 66-0604909.
Is CENTRO ARARAT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to CENTRO ARARAT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTRO ARARAT 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 CENTRO ARARAT 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 CENTRO ARARAT 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 CENTRO ARARAT INC?
The 990 for the year ended December 31, 2024 names CARLOS CARRERO.
Who are the officers and directors of CENTRO ARARAT INC?
The 990 for the year ended December 31, 2024 lists 13 people; 11 received compensation from the organization.
How much revenue does CENTRO ARARAT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $33,159,440, expenses of $29,529,493 and total assets of $15,583,157 at year end.

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