Nonprofit · EIN 87-4075812
FUNDACION CENTRO LATINO INC
Tax-exempt · WILMINGTON, DE 19805
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $53,825 | $107 | $53,718 | $1,555,371 | $12,517 | $1,542,854 |
| December 31, 2023 | 990 | $68,033 | $102 | $67,931 | $1,404,587 | $12,410 | $1,392,177 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $53,825
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Management and general (functional)
- $107
Balance sheet and other
- Total assets, start of year
- $1,404,587
- Total assets, end of year
- $1,555,371
- Total liabilities, end of year
- $12,517
- Net assets, end of year
- $1,542,854
- Net assets without donor restrictions
- $1,542,854
- Gross receipts
- $53,825
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- DE
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 |
|---|---|---|---|
| JOHN MORTON | CHAIRMAN AND Trustee or director, Officer | 1 | $0 |
| JOSE LOPEZ | BOARD MEMBER Trustee or director | 1 | $0 |
| FRED SEARS | SECRETARY Trustee or director | 1 | $0 |
| EMILIO RANA | TREASURER AN Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN MORTON | CHAIRMAN AND CEO Trustee or director, Officer | 1 | $0 |
| JOSE LOPEZ | BOARD MEMBER Trustee or director | – | $0 |
| FRED SEARS | SECRETARY, BOARD MEMBER Trustee or director | – | $0 |
| EMILIO RANA | TREASURER AND CFO Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 403 N VAN BUREN ST, WILMINGTON, DE 19805-3243
- Principal officer (990 for 2024)
- JOHN MORTON, 2300 MCDONOUGH ROAD, WILMINGTON, DE 19805
- Signed the 990
- JOHN MORTON, CHAIRMAN AND CEO
- Phone
- (302) 655-7338
- Return prepared by
- WHISMAN GIORDANO & ASSOCIATES LLC
Mission
FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE LATIN AMERICAN COMMUNITY CENTER, INC., A DELAWARE NONPROFIT, NONSTOCK CORPORATION.
Program accomplishments
- THE ORGANIZATION HAS NO OPERATIONS DURING THE YEAR. THERE WERE NO DISTRIBUTIONS TO THE LATIN AMERICAN COMMUNITY CENTER.
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
- 87-4075812
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $1,555,371
- Income (IRS master file)
- $53,825
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $53,825 | $107 | $1,555,371 | IRS |
| 990 | December 2023 | $68,033 | $102 | $1,404,587 | XML |
| 990 | December 2022 | $1,336,554 | $12,308 | $1,336,554 | IRS |
| 990-EZ | December 2021 | – | – | – | 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 87-4075812).
Questions about FUNDACION CENTRO LATINO INC
- What is the EIN of FUNDACION CENTRO LATINO INC?
- The employer identification number (EIN) of FUNDACION CENTRO LATINO INC is 87-4075812.
- Is FUNDACION CENTRO LATINO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FUNDACION CENTRO LATINO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FUNDACION CENTRO LATINO 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 FUNDACION CENTRO LATINO 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 FUNDACION CENTRO LATINO 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 FUNDACION CENTRO LATINO INC?
- The 990 for the year ended December 31, 2024 names JOHN MORTON.
- Who are the officers and directors of FUNDACION CENTRO LATINO INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does FUNDACION CENTRO LATINO INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $53,825, expenses of $107 and total assets of $1,555,371 at year end.
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