2026-09-08T16:46:42-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 6116 EXECUTIVE BLVD 500 NORTH BETHESDA MD 20852 990 2025-01-01 824044837 CENTRI TECH FOUNDATION CENT 2029918579 1717 PENNSYLVANIA AVE NW SUITE 1 WASHINGTON DC 20006 MARTA URQUILLA PRESIDENT 5712146223 2026-09-04 1 DAVID J SHERDEL CPA P01306021 3017705100 2026-09-04 2025 MARTA URQUILLA 1717 PENNSYLVANIA AVE NW SUITE 1 WASHINGTON DC 20006 699793 0 X CENTRITECHFDN.ORG X 2018 DC CENTRI TECH FOUNDATION SUPPORTS LOCAL COMMUNITY DEVELOPMENT ORGANIZATIONS TO SOLVE PROBLEMS IN THEIR COMMUNITY BY BRINGING TOGETHER STAKEHOLDERS TO CREATE SUSTAINABLE ASSET BUILDING SOLUTIONS THAT YIELD LONG TERM ECONOMIC, HEALTH AND EDUCATIONAL ENHANCEMENT TO ITS RESIDENTS BY LEVERAGING TECHNOLOGY AND INNOVATIVE SOLUTIONS. 3 2 6 0 0 0 1201596 675000 0 15000 80919 9793 0 0 1282515 699793 94426 0 0 0 450757 486073 0 0 100000 826959 441819 1372142 927892 -89627 -228099 1161462 933363 0 0 1161462 933363 X CENTRI TECH FOUNDATION SUPPORTS LOCAL COMMUNITY DEVELOPMENT ORGANIZATIONS TO SOLVE PROBLEMS IN THEIR COMMUNITY BY BRINGING TOGETHER STAKEHOLDERS TO CREATE SUSTAINABLE ASSET BUILDING SOLUTIONS THAT YIELD LONG TERM ECONOMIC, HEALTH AND EDUCATIONAL ENHANCEMENT TO ITS RESIDENTS BY LEVERAGING TECHNOLOGY AND INNOVATIVE SOLUTIONS. 0 0 398624 DIGITAL ADVANCEMENT PROGRAMINITIATED A PARTNERSHIP WITH THE GEORGE GUND FOUNDATION TO SUPPORT A DISCOVERY OF THE SYSTEMS OF SUPPORT FOR RESIDENTS EXPERIENCING HOUSING INSTABILITY IN CUYAHOGA COUNTY, OH, AND IDENTIFY OPPORTUNITIES FOR SOLUTIONS TO IMPROVE OUTCOMES. MAINTAINED AND ENHANCED 40 PROPERTY-BASED ITERATIONS OF CENTRI LIFE, CTF'S ONLINE PLATFORM THAT OFFERS LIFE-ENHANCING RESIDENT SERVICES TO HOUSING PROVIDERS WITH 8,000 UNITS OF LOW-INCOME HOUSING ACROSS 15 STATES. DURING 2025, 3 NEW CUSTOM CENTRI LIFE SITES WERE ADDED IN ORLANDO, FL, IN PARTNERSHIP WITH WENDOVER HOUSING. ADOPTION PROMOTIONS WERE HELD AT 40 PARTNER PROPERTIES. DATA REFRESH AND GEOSPATIAL DATA MAPPING OF DIGITAL ADVANCEMENT MUNICIPAL INDEX. 44759 SOCIAL JUSTICE INNOVATION AWARDSCTF COMPLETED IMPLEMENTATION OF THE SOCIAL JUSTICE INNOVATION AWARDS. LAUNCHED IN 2021 IN PARTNERSHIP WITH MORGAN STANLEY, THE PROGRAM IDENTIFIED AND REWARDED SOCIAL ENTREPRENEURS WITH BREAKTHROUGH IDEAS FOR SOCIAL CHANGE. THE WINNERS OF THE SJIA RECEIVED GRANTS AND SUPPORT TO DEVELOP THEIR INNOVATIONS. IN TOTAL, CTF RE-GRANTED $2.75M TO 11 INNOVATORS LEADING TECH-BASED SOLUTIONS FOR A VARIETY OF SOCIAL CHALLENGES FROM YOUTH MENTAL HEALTH TO ACCESS TO TECHNOLOGY, EDUCATION, PUBLIC BENEFITS, SECOND CHANCE OPPORTUNITIES, AND INDIGENOUS LANGUAGE PRESERVATION. WINNERS JOINED A 9-MONTH FELLOWSHIP COHORT DESIGNED TO PROMOTE COLLABORATION, BUILD LEADERSHIP CAPACITY, AND INCREASE THEIR ACCESS TO NETWORKS. 275799 15000 DIGITAL INTEGRATORS PROGRAMSPONSORED A SECOND AI FOR ENTREPRENEURS WORKSHOP, PROVIDING AI SCHOLARSHIPS TO 20 ASPIRING ENTREPRENEURS WHO RECEIVED LAPTOPS, SOFTWARE AND A TUITION-FREE AI BOOTCAMP. CONTINUED IMPLEMENTATION OF THE VERIZON COMMUNITY ENHANCEMENT AWARD TO SUPPORT A DIGITAL SKILLS AND WORKFORCE DEVELOPMENT INITIATIVE IN MD, PA AND DC. MAINTAINED DIGITAL TOOLS FOR JOB SEEKERS AS PART OF COMMUNITY SKILLS CONNECT, AN INITIATIVE TO HELP LOW-INCOME RESIDENTS NAVIGATE LOCAL WORKFORCE DEVELOPMENT RESOURCES AND ACCESS DIGITAL SKILLS TRAINING. 719182 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 DC X X MICHAEL STAPLES 5712146223 25302 DILIGENCE CT ALDIE VA 20105 REY RAMSEY CHAIR 5.00 X 0 0 0 WENDELL BROWN DIRECTOR 2.00 X 0 0 0 CLYDE EDWARDS DIRECTOR 2.00 X 0 0 0 MARTA URQUILLA PRESIDENT 40.00 X 181450 0 27559 MICHAEL STAPLES TREASURER & SECRETARY 5.00 X 0 0 0 STEVEN TEPLITZ GENERAL COUNSEL 5.00 X 0 0 0 181450 0 27559 1 0 1 0 0 675000 675000 CENTRI LIFE LICENSE FE 900099 15000 15000 15000 9793 9793 699793 15000 0 9793 X 209010 206919 2091 204607 202561 2046 39065 38675 390 33391 33057 334 187862 109375 78487 3699 3699 22213 2357 19856 7197 7197 34041 34041 1657 1657 FUNDRAISING 100000 100000 PAYMENTS TO AFFILIATES 85000 85000 OTHER EXPENSES 150 150 927892 719182 108710 100000 1059340 255507 609775 102122 34041 102122 68081 1161462 933363 0 0 X 1161462 933363 1161462 933363 1161462 933363 -228099 0 X X 0 1 X 1 0 X 4557800 160000 554325 1201596 675000 7148721 4557800 160000 554325 1201596 675000 7148721 1967819 5180902 2479 23007 29571 20493 9793 85343 7234064 0.71620 0.84320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 102122 34041 68081 68081 X 699793 0 699793 0 699793 927892 0 927892 0 927892 PART X, LINE 2: CENTRI TECH FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THESE PROVISIONS, NO TAX IS IMPOSED ON ANY INCOME RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2025. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. X 0 APERIO PHILANTHROPY LLC 175 PEARL STREET 1ST FLOOR 55 BROOKLYN NY 11201 GENERAL FUNDRAISING 0 0 100000 -100000 100000 -100000 1 PART I, LINE 2: CENTRI TECH FOUNDATION CURRENTLY MAKES GRANT AWARDS VIA TWO PROGRAMS: DIGITAL INTEGRATORS AND THE SOCIAL JUSTICE INNOVATION AWARDS. GRANTS ARE MADE AS EITHER 1) A DISCRETIONARY, INVITATION-ONLY AWARD TO AN ORGANIZATION, OR 2) A COMPETITIVELY SELECTED AWARD TO AN INDIVIDUAL OR GROUP OF INDIVIDUALS IN ASSOCIATION WITH AN ORGANIZATION. UPON SELECTION, CTF IMPLEMENTS THE FOLLOWING PROCESS TO DISTRIBUTE GRANT AWARDS: 1. CTF PROGRAM DIRECTOR NOTIFIES GRANT RECIPIENT(S) BY PHONE CALL OR EMAIL. 2. CTF PROGRAM DIRECTOR SENDS EMAIL DOCUMENTATION, WHICH INCLUDES A GRANT LETTER SIGNED BY THE PROGRAM DIRECTOR AND A GRANT AGREEMENT SIGNED BY CTF PRESIDENT AND COUNTERSIGNED BY THE GRANTEE. THESE ITEMS ARE COLLECTED AND RETAINED BY CTF ACCOUNTING, FINANCE, & COMPLIANCE. 3. CTF ACCOUNTING, FINANCE, & COMPLIANCE PERSONNEL (CURRENT: MICHAEL STAPLES) SENDS THE GRANTEE AN INVITATION TO JUSTWORKS, PAYMENT COMPLIANCE PLATFORM. 4. GRANT RECIPIENT RECEIVES JUSTWORKS INVITATION AND COMPLETES ACCOUNT SETUP, INCLUDING SUBMITTING COMPLIANCE/TAX DOCUMENTATION. 5. GRANT RECIPIENT SUCCESSFULLY SETS UP JUSTWORKS ACCOUNT. 6. CTF ACCOUNTING, FINANCE, & COMPLIANCE PERSONNEL (CURRENT: MICHAEL STAPLES) CONFIRMS GRANT AMOUNT WITH PROGRAM DIRECTOR AND PRESIDENT. 7. CTF ACCOUNTING, FINANCE, & COMPLIANCE PERSONNEL (CURRENT: MICHAEL STAPLES) INITIATES TRANSFER OF FUNDS. 8. GRANT RECIPIENT COMPLETES ACKNOWLEDGEMENT OF RECEIPT OF FUNDS FORM AND RETURNS TO CTF ACCOUNTING, FINANCE, & COMPLIANCE PERSONNEL (CURRENT: MIKE STAPLES). 9. GRANT RECIPIENT COMPLETES REQUIRED REPORTING, AS DEFINED IN THE GRANT AGREEMENT. CENTRI TECH FOUNDATION MONITORS GRANT AWARDS THROUGH REGULAR ENGAGEMENT OF GRANTEES AND A REQUIRED WRITTEN FINAL REPORT AT THE CONCLUSION OF THE GRANT PERIOD, AS SPECIFIED IN THE GRANTEE LETTER AND AGREEMENT. CTF CONVENES GRANTEES BOTH FORMALLY AND INFORMALLY, AS COHORTS AND INDIVIDUALS, TO COLLECT INFORMATION ABOUT THEIR PERFORMANCE AND PROGRESS AND TO MEASURE IMPACT. X X X 0 0 0 0 0 0 0 0 0 MARTA URQUILLA PRESIDENT 181450 0 0 0 0 0 0 0 27559 0 209009 0 0 0 REY RAMSEY SOLE OWNER OF CENTRI TECH LLC 85000 PAYMENT FOR PROGRAM SERVICES AND BACK OFFICE ADMINISTRATIVE SERVICES 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT, AND REVIWED BY THE BOARD OF DIRECTORS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES AND DIRECTORS ARE REQUIRED TO SIGN AND ATTEST TO UNDERSTANDING AND ABIDING BY THE ORGANIZATION'S CODE OF BUSINESS CONDUCT AND ETHICS. THE CODE OF CONDUCT POLICY IS ADMINISTERED AND ENFORCED AT EVERY LEVEL OF CENTRI TECH FOUNDATION FOR INTERNAL AND EXTERNAL AFFAIRS. TRAINING, EDUCATION AND IMPLEMENTATION IS GENERALLY SUPERVISED BY THE HEAD OF HUMAN RESOURCES, THE PRESIDENT, AND CTF'S GENERAL COUNSEL. REGULAR REVIEWS OF FINANCIAL ACTIVITIES AND VETTING OF PARTNERSHIP, SUPPLIER AND GRANT AGREEMENTS BY ORGANIZATION'S LEADERSHIP. FORM 990, PART VI, SECTION B, LINE 15 THIS POLICY OUTLINES THE FRAMEWORK FOR DETERMINING COMPENSATION FOR THE PRESIDENT OF THE CENTRI TECH FOUNDATION ("CTF"). THE OBJECTIVE IS TO ESTABLISH A FAIR AND TRANSPARENT PROCESS THAT ALIGNS WITH OUR MISSION, ATTRACTS AND RETAINS TALENTED LEADERS, AND ENSURES APPROPRIATE USE OF RESOURCES. THIS POLICY REQUIRES APPROVAL BY INDEPENDENT MEMBERS OF THE CTF BOARD AND INCORPORATES THE USE OF COMPARABILITY DATA TO DETERMINE COMPENSATION. CTF IS COMMITTED TO PROVIDING COMPETITIVE COMPENSATION TO ATTRACT AND RETAIN A QUALIFIED PRESIDENT WHO CAN EFFECTIVELY LEAD THE ORGANIZATION IN ACHIEVING ITS MISSION. COMPENSATION WILL BE SET AT A LEVEL THAT IS REASONABLE AND NOT EXCESSIVE, TAKING INTO ACCOUNT THE ORGANIZATION'S FINANCIAL RESOURCES AND THE PRESIDENT'S RESPONSIBILITIES, QUALIFICATIONS, AND PERFORMANCE. THE CTF BOARD OF DIRECTORS SHALL ESTABLISH A COMPENSATION COMMITTEE ("COMMITTEE") COMPOSED OF INDEPENDENT BOARD MEMBER(S) WHO HAVE NO CONFLICTS OF INTEREST WITH THE PRESIDENT OR OTHER ORGANIZATIONAL STAKEHOLDERS. RECOMMENDATIONS RELATED TO THE PRESIDENT'S COMPENSATION PACKAGE, INCLUDING SALARY, BENEFITS, BONUSES, AND ANY OTHER INCENTIVES, SHALL BE REVIEWED AND APPROVED BY THE INDEPENDENT MEMBERS OF THE CTF BOARD BASED ON THE COMMITTEE'S FINDINGS, COMPARABILITY DATA, AND SUBSTANTIATION OF THE DELIBERATION PROCESS. THE COMMITTEE SHALL UTILIZE RELEVANT COMPARABILITY DATA TO DETERMINE COMPENSATION FOR THE PRESIDENT. SUCH DATA MAY INCLUDE INDUSTRY KNOWLEDGE BY COMMITTEE MEMBERS, COMPENSATION SURVEYS CONDUCTED BY REPUTABLE ORGANIZATIONS, COMPENSATION STUDIES SPECIFIC TO THE NON-PROFIT SECTOR, AND COMPENSATION DATA FROM SIMILAR ORGANIZATIONS OF COMPARABLE SIZE AND COMPLEXITY. THE COMPARABILITY DATA SHOULD COVER RELEVANT POSITIONS WITHIN THE NON-PROFIT SECTOR AND TAKE INTO CONSIDERATION FACTORS SUCH AS GEOGRAPHIC LOCATION, ORGANIZATION SIZE, MISSION FOCUS, AND INDUSTRY STANDARDS. THE COMMITTEE SHALL CONSIDER BOTH THE MEDIAN AND THE RANGE OF COMPENSATION DATA TO ESTABLISH A REASONABLE AND COMPETITIVE COMPENSATION PACKAGE. THE COMMITTEE MAY ENGAGE EXTERNAL COMPENSATION CONSULTANTS, AS NECESSARY, TO ASSIST IN GATHERING AND ANALYZING THE COMPARABILITY DATA AND PROVIDE EXPERT ADVICE. BASE SALARY: THE BASE SALARY SHOULD REFLECT THE PRESIDENT'S RESPONSIBILITIES, EXPERIENCE, QUALIFICATIONS, AND PERFORMANCE. IT SHOULD BE COMPETITIVE WITHIN THE NON-PROFIT SECTOR AND COMMENSURATE WITH THE SIZE AND COMPLEXITY OF THE ORGANIZATION. BENEFITS: THE ORGANIZATION MAY PROVIDE A COMPREHENSIVE BENEFITS PACKAGE, INCLUDING HEALTH INSURANCE, RETIREMENT PLANS, VACATION, AND OTHER FRINGE BENEFITS. THE BENEFITS SHOULD BE REASONABLE AND CONSISTENT WITH INDUSTRY STANDARDS. BONUSES AND INCENTIVES: PERFORMANCE-BASED BONUSES AND INCENTIVES MAY BE CONSIDERED TO REWARD EXCEPTIONAL PERFORMANCE AND ACHIEVEMENT OF STRATEGIC GOALS. SUCH BONUSES SHOULD BE TIED TO PREDETERMINED PERFORMANCE METRICS AND BE BASED ON MEASURABLE OUTCOMES. THE COMMITTEE SHALL MAINTAIN DOCUMENTATION OF THE DECISION-MAKING PROCESS, INCLUDING MINUTES OF BOARD MEETINGS, DISCUSSIONS, AND SUPPORTING MATERIALS USED IN DETERMINING COMPENSATION. THE COMMITTEE SHALL CONDUCT AN ANNUAL REVIEW OF COMPENSATION PAID TO THE PRESIDENT TO ENSURE ONGOING ALIGNMENT WITH THE ORGANIZATION'S GOALS, CONSIDERATION OF THE ORGANIZATION'S FINANCIAL HEALTH, AND CHANGING MARKET CONDITIONS. THE REVIEW PROCESS SHOULD INCLUDE AN ASSESSMENT OF THE PRESIDENT'S PERFORMANCE AND STRATEGIC OBJECTIVES. CTF SHALL DISCLOSE COMPENSATION IN ACCORDANCE WITH APPLICABLE LEGAL REQUIREMENTS, SUCH AS THE INTERNAL REVENUE CODE AND ANY OTHER RELEVANT REGULATORY OR REPORTING OBLIGATIONS. THIS COMPENSATION POLICY SHALL BE REVIEWED PERIODICALLY BY THE CFT BOARD AND UPDATED AS NECESSARY TO REFLECT BEST PRACTICES AND COMPLY WITH LEGAL AND REGULATORY REQUIREMENTS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART IX, LINE 11G REGISTRATION FEE, STATE & FEDERAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,056. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,056. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 231. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 231. CONSULTANTS: PROGRAM SERVICE EXPENSES 109,375. MANAGEMENT AND GENERAL EXPENSES 77,200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186,575. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES TO THE OVERSIGHT PROCESS FROM THE PRIOR YEAR. CENTRI TECH LLC 1717 PENNSYLVANIA AVE NW SUITE 1025 WASHINGTON DC 20006 852395334 TECHNOLOGY DC N/A UNRELATED 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 CENTRI TECH LLC H 102122 BOOK VALUE AT TIME OF SALE