Skip to main content

Nonprofit · EIN 92-2482558

CENTROVILLA 25 CORPORATION

Tax-exempt · CLEVELAND, OH 44109

Financials

$811K$719K2023$2.4M$1M2024
Revenue Expenses · by fiscal year end
Financials of CENTROVILLA 25 CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,355,810$1,044,227$1,311,583$13,602,933$10,057,283$3,545,650
June 30, 2024990$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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JENICE CONTRERASPRESIDENT/CE
Officer
40$0$150,000$0
JOSE VASQUEZCHAIR
Trustee or director, Officer
1$0$0$90,875
DR NICHOLAS MAYSCO-CHAIR
Trustee or director, Officer
1$0$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
DR NICHOLAS MAYESTRUSTEE
Trustee or director
1$0
MARIO PENATRUSTEE
Trustee or director
1$0
EZEQUIEL RODRIGUEZTRUSTEE
Trustee or director
1$0
CARMEN SCOTTTRUSTEE
Trustee or director
1$0
JOSE VASQUEZCHAIR
Trustee or director, Officer
1$0
JENICE CONTRERASPRESIDENT/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.

990 for the year ended June 30, 2025

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 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
Assets (IRS master file)
$13,602,933
Income (IRS master file)
$2,355,810

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,355,810$1,044,227$13,602,933IRS
990June 2024$810,955$719,447$10,083,132XML

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.

Other nonprofits in CLEVELAND

All nonprofits in CLEVELAND · Ohio · Community improvement and capacity building