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Nonprofit · EIN 91-1142962

CENTRAL TERRACE

Tax-exempt · SPOKANE, WA 99201

Financials

$273K$288K2023$279K$312K2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL TERRACE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$278,909$311,501-$32,592$683,317$755,898-$72,581
May 31, 2024990$272,654$288,107-$15,453$738,494$778,475-$39,981
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$159,282
of which government grants
$159,282
Program service revenue
$113,075
Investment income
$6,552
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$39,505
Salaries, compensation and benefits (total)
$51,423
Professional fundraising fees
$0
Legal fees
$251
Accounting fees
$8,966
Depreciation
$42,751
Program services (functional)
$311,501

Balance sheet and other

Total assets, start of year
$738,494
Total assets, end of year
$683,317
Total liabilities, end of year
$755,898
Net assets, end of year
-$72,581
Land, buildings and equipment
$438,723
Net assets without donor restrictions
-$72,581
Gross receipts
$278,909
Employees
0
Volunteers
0
Year formed
1990
State of legal domicile
WA

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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DAVE WALKERDIRECTOR
Trustee or director
2$0
SCOTT MILLERDIRECTOR
Trustee or director
2$0
HEATHER VANDEVENTERDIRECTOR
Trustee or director
2$0
PAT WILLIAMSDIRECTOR
Trustee or director
2$0
MARY BETH RIVETTIDIRECTOR
Trustee or director
2$0
JAN GRIFFINDIRECTOR
Trustee or director
2$0
JOSEPH C KIEFFERPRESIDENT
Officer
2$0
990 for the year ended May 31, 2024: 7 people
NameTitleHours / weekCompensation
DAVE WALKERDIRECTOR
Trustee or director
2$0
SCOTT MILLERDIRECTOR
Trustee or director
2$0
HEATHER VANDEVENTERDIRECTOR
Trustee or director
2$0
PAT WILLIAMSDIRECTOR
Trustee or director
2$0
MARY BETH RIVETTIDIRECTOR
Trustee or director
2$0
JAN GRIFFINDIRECTOR
Trustee or director
2$0
JOSEPH C KIEFFERPRESIDENT
Officer
2$0

Address and contacts

Address (IRS master file)
422 W RIVERSIDE AVE STE 1420, SPOKANE, WA 99201-0305
Principal officer (990 for 2024)
JOSEPH C KIEFFER, 601 W MAIN, SPOKANE, WA 99201
Signed the 990
JOSEPH C KIEFFER, PRESIDENT
Phone
(509) 747-2158
Return prepared by
SCHOEDEL & SCHOEDEL CPAS PLLC

Mission

THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

990 for the year ended May 31, 2025

Program accomplishments

  • THE CORPORATION'S PURPOSE IS TO PROVIDE HOUSING FOR THE ELDERLY, LOW-INCOME FAMILIES AND INDIVIDUALS IN ACCORDANCE WITH HUD GUIDELINES. THERE ARE 191 UNITS.
    Expenses $311,501 · revenue $113,075

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
91-1142962
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
1982
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$683,317
Income (IRS master file)
$278,909

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$278,909$311,501$683,317XML
990May 2024$272,654$288,107$738,494XML
990May 2023$263,483$269,200$803,152IRS
990May 2022$1,158,963$331,266$816,112IRS
990May 2021–––IRS
990May 2019–––IRS
990May 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 91-1142962).

Questions about CENTRAL TERRACE

What is the EIN of CENTRAL TERRACE?
The employer identification number (EIN) of CENTRAL TERRACE is 91-1142962.
Is CENTRAL TERRACE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to CENTRAL TERRACE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTRAL TERRACE 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 CENTRAL TERRACE due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTRAL TERRACE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of CENTRAL TERRACE?
The 990 for the year ended May 31, 2025 names JOSEPH C KIEFFER.
Who are the officers and directors of CENTRAL TERRACE?
The 990 for the year ended May 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does CENTRAL TERRACE have?
On its 990 for the year ended May 31, 2025 it reported revenue of $278,909, expenses of $311,501 and total assets of $683,317 at year end.

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