Nonprofit · EIN 92-2482558
CENTROVILLA 25 CORPORATION
Tax-exempt · CLEVELAND, OH 44109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,355,810 | $1,044,227 | $1,311,583 | $13,602,933 | $10,057,283 | $3,545,650 |
| June 30, 2024 | 990 | $810,955 | $719,447 | $91,508 | $10,083,132 | $10,050,642 | $32,490 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,972,885
- Program service revenue
- $0
- Investment income
- $102,131
- Net rental income
- $247,061
- Other revenue
- $280,794
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,900
- Accounting fees
- $3,610
- Occupancy
- $266,253
- Travel
- $2,984
- Depreciation
- $243,074
- Program services (functional)
- $974,887
- Management and general (functional)
- $69,340
Balance sheet and other
- Total assets, start of year
- $10,083,132
- Total assets, end of year
- $13,602,933
- Total liabilities, end of year
- $10,057,283
- Net assets, end of year
- $3,545,650
- Land, buildings and equipment
- $12,208,500
- Net assets without donor restrictions
- $3,545,650
- Gross receipts
- $2,355,810
- Employees
- 0
- Volunteers
- 41
- Year formed
- 2023
- State of legal domicile
- OH
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENICE CONTRERAS | PRESIDENT/CE Officer | 40 | $0 | $150,000 | $0 |
| JOSE VASQUEZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $90,875 |
| DR NICHOLAS MAYS | CO-CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR NICHOLAS MAYES | TRUSTEE Trustee or director | 1 | $0 |
| MARIO PENA | TRUSTEE Trustee or director | 1 | $0 |
| EZEQUIEL RODRIGUEZ | TRUSTEE Trustee or director | 1 | $0 |
| CARMEN SCOTT | TRUSTEE Trustee or director | 1 | $0 |
| JOSE VASQUEZ | CHAIR Trustee or director, Officer | 1 | $0 |
| JENICE CONTRERAS | PRESIDENT/CE Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 2511 CLARK AVE, CLEVELAND, OH 44109-1110
- Principal officer (990 for 2024)
- JENICE CONTRERAS, 3140 W 25TH ST, CLEVELAND, OH 44109
- Signed the 990
- JENICE CONTRERAS, PRESIDENT/CEO
- Phone
- (216) 281-4422
- Return prepared by
- NEITZEL LUKE & SALOPEK INC
Mission
TO CULTIVATE A VIBRANT, AUTHENTIC, INCLUSIVE LATINO CULTURAL DISTRICT IN THE CLARK-FULTON NEIGHBORHOOD IN CLEVELAND, OHIO.
Program accomplishments
- CENTROVILLA25 CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION WHICH WAS FORMED TO CULTIVATE A VIBRANT, AUTHENTIC, INCLUSIVE LATINO CULTURAL DISTRICT IN THE CLARK-FULTON NEIGHBORHOOD IN CLEVELAND, OHIO. CENTROVILLA25 CORPORATION SEEKS TO CATALYZE THE ECONOMIC IMPACT THROUGH JOB CREATION AND BUSINESS DEVELOPMENT, DEVELOPING A THRIVING LOCAL LIVING ECONOMY, AND CREATIVE PLACEMAKING THAT CELEBRATES LATINO CULTURE. CENTROVILLA25 CORPORATION OWNS AND OPERATES A FACILITY THAT INCLUDES OFFICE SPACE LEASED TO LATINO-OWNED BUSINESSES, KIOSK SPACES LEASED TO FOOD AND BEVERAGE VENDORS, BOUTIQUE SHOPS, AND ANTIQUE SHOPS, AS WELL AS A LATINO GROCERY MARKET AND EVEN SPACE AVAILABLE FOR SHORT-TERM RENTALS. CENTROVILLA25 CORPORATION AND ITS RELATED ENTITIES ARE RESPONSIBLE FOR ESTABLISHING THE FIRST DEDICATED LATINO CULTURAL DISTRICT IN CLEVELAND. DURING FISCAL YEAR ENDED JUNE 30, 2025, CENTROVILLA25 CORPORATION CONTINUED ITS WORK TO BRING TOGETHER THE HISPANIC COMMUNITY BY COMPLETING ADDITIONAL PHASES OF ITS FACILITY, HOSTING VARIOUS EVENTS, RECRUITING NEW TENANTS, AND LAUNCHING ADDITIONAL CULTURAL, ENTREPRENEURIAL, YOUTH, AND ARTISTIC COMMUNITY PROGRAMS. PARTNERSHIPS WITH NEW LOCAL ORGANIZATIONS WERE ESTABLISHED, AND THE NEW-MARKETS TAX CREDIT-STRUCTURED INVESTMENT WAS DEPLOYED, IN ADDITION TO SECURING GRANTS TO SUPPORT BUILD-OUT EXPENDITURES. CENTROVILLA25 CORPORATION OPENED ITS DOORS TO THE PUBLIC ON JANUARY 2, 2025, AND DURING THE SECOND HALF OF THE FISCAL YEAR MADE A SIGNIFICANT IMPACT WITHIN THE LATINO COMMUNITY THROUGH ITS PUBLIC MARKET AND ENTREPRENEURIAL PROGRAMMING. THE ORGANIZATION LAUNCHED ITS PUBLIC MARKET WITH 14 KIOSK VENDORS AND ENTREPRENEURS, PROVIDING OPPORTUNITIES FOR SMALL BUSINESS DEVELOPMENT AND ECONOMIC GROWTH. COLLECTIVELY, THE KIOSK PROGRAM GENERATED GROSS SALES OF 588,994.80 DURING THE REPORTING PERIOD. IN ADDITION, CENTROVILLA25 CORPORATION'S COMMERCIAL KITCHEN PROGRAM GENERATED 11,866.90 IN REVENUE AND SUPPORTED LOCAL FOOD-BASED ENTREPRENEURS. THROUGH THESE INITIATIVES, CENTROVILLA25 CORPORATION HELPED CREATE 30 JOBS WHILE FOSTERING ECONOMIC OPPORTUNITY AND COMMUNITY ENGAGEMENT WITHIN THE LATINO COMMUNITY.Expenses $974,887
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 92-2482558
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $13,602,933
- Income (IRS master file)
- $2,355,810
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,355,810 | $1,044,227 | $13,602,933 | IRS |
| 990 | June 2024 | $810,955 | $719,447 | $10,083,132 | XML |
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 92-2482558).
Questions about CENTROVILLA 25 CORPORATION
- What is the EIN of CENTROVILLA 25 CORPORATION?
- The employer identification number (EIN) of CENTROVILLA 25 CORPORATION is 92-2482558.
- Is CENTROVILLA 25 CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to CENTROVILLA 25 CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CENTROVILLA 25 CORPORATION 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 CENTROVILLA 25 CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTROVILLA 25 CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CENTROVILLA 25 CORPORATION?
- The 990 for the year ended June 30, 2025 names JENICE CONTRERAS.
- Who are the officers and directors of CENTROVILLA 25 CORPORATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CENTROVILLA 25 CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,355,810, expenses of $1,044,227 and total assets of $13,602,933 at year end.
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All nonprofits in CLEVELAND · Ohio · Community improvement and capacity building