Centro Romero
- Assets
- $1.5m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 79
- Location
- Chicago, IL
- Founding
- 10/1987
- Data as of
- 12/2022
- EIN
- 36-3517408
Organization Overview
Centro Romero is located in Chicago, IL. The organization was established in 1987. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Centro Romero employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centro Romero is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Centro Romero generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 16.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST DISADVANTAGED RESIDENTS OF CHICAGO'S EDGEWATER, ROGERS PARK, AND UPTOWN NEIGHBORHOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGAL SERVICES:THE LEGAL SERVICES PROGRAM SERVED 3,093 CLIENTS WITH IMMIGRATION AND NATURALIZATION ISSUES. THESE CLIENT NUMBERS INCLUDE 74 ADULTS WHO COMPLETED APPLICATIONS FOR CITIZENSHIP, 30 CLIENTS THAT BECAME LAWFUL PERMANENT RESIDENTS (LPRS), AND 100 CLIENTS WHO WERE NATURALIZED. WE PROCESSED NEW AND RENEWAL APPLICATIONS FOR THE DEFERRED ACTION FOR CHILDHOOD ARRIVALS (DACA) FOR 641 PERSONS.
PUBLIC BENEFITS PROGRAM:A TOTAL OF 2,538 FAMILY MEMBERS BENEFITED FROM ACCESSING PUBLIC BENEFITS PROGRAMS AND 89 FAMILIES RECEIVED ASSISTANCE WITH RENT AND UTILITY PAYMENTS.
THE ADULT EDUCATION PROGRAMSERVED 706 STUDENTS. THESE INCLUDE 348 ADULTS INSTRUCTED IN ENGLISH AS A SECOND LANGUAGE (ESL) AND 88 IN GENERAL EDUCATIONAL DEVELOPMENT (GED). A TOTAL OF 174 ADULTS ATTENDED CITIZENSHIP TEST PREPARATION CLASSES, EIGHT RECEIVED VOCATIONAL TRAINING FOR HEALTHCARE CAREERS, AND 32 YOUNG CHILDREN AND PARENTS PARTICIPATED IN FAMILY LITERACY. FIFTY-ONE ADULTS RECEIVED JOB-READINESS TRAINING AND FIVE STUDENTS LEARNED TO READ AND WRITE IN SPANISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daysi J Funes Director | Trustee | 5 | $65,000 |
Michael Kasprzynski President | OfficerTrustee | 5 | $0 |
Michelle A Weitz Vice President | OfficerTrustee | 5 | $0 |
Roman Ruiz Treasurer | OfficerTrustee | 5 | $0 |
Ruth Gomberg-Munoz Secretary | OfficerTrustee | 5 | $0 |
Sandra Arellano Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,176,337 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,176,337 |
| Total Program Service Revenue | $1,694,293 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,178 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,890,811 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $272,485 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,000 |
| Compensation of current officers, directors, key employees. | $6,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,371,744 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $160,010 |
| Payroll taxes | $127,265 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,098 |
| Office expenses | $25,830 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $135,277 |
| Travel | $8,013 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $55,836 |
| Insurance | $16,740 |
| All other expenses | $96,176 |
| Total functional expenses | $2,971,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $657,533 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $661,531 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,065 |
| Net Land, buildings, and equipment | $132,695 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,484,824 |
| Accounts payable and accrued expenses | $29,686 |
| Grants payable | $0 |
| Deferred revenue | $193,992 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $223,678 |
| Net assets without donor restrictions | $853,044 |
| Net assets with donor restrictions | $408,102 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,484,824 |