Nonprofit · EIN 86-1656116
CENTRAL CURRENT INC
Tax-exempt · SYRACUSE, NY 13201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $654,022 | $562,392 | $91,630 | $246,643 | $78,048 | $168,595 |
| December 31, 2024 | 990 | $373,915 | $432,243 | -$58,328 | $91,302 | $14,337 | $76,965 |
| December 31, 2023 | 990 | $393,704 | $390,408 | $3,296 | $141,240 | $5,947 | $135,293 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $654,346
- Program service revenue
- $0
- Investment income
- -$324
- Net gain from sales of assets
- -$324
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,882
- Other salaries and wages
- $230,622
- Salaries, compensation and benefits (total)
- $375,927
- Professional fundraising fees
- $25,625
- Accounting fees
- $8,782
- Occupancy
- $19,908
- Travel
- $4,489
- Program services (functional)
- $396,104
- Management and general (functional)
- $98,380
- Fundraising (functional)
- $67,908
Balance sheet and other
- Total assets, start of year
- $91,302
- Total assets, end of year
- $246,643
- Total liabilities, end of year
- $78,048
- Net assets, end of year
- $168,595
- Net assets without donor restrictions
- $123,333
- Net assets with donor restrictions
- $45,262
- Gross receipts
- $684,701
- Employees
- 9
- Volunteers
- 9
- Year formed
- 2020
- State of legal domicile
- NY
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAXIMILIAN EYLE | EXECUTIVE DIRECTOR Officer | 40 | $72,882 | $10,335 |
| ANTHONY MALAVENDA | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ROOSEVELT RICK WRIGHT JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAURENCE BOUSQUET | PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| SAPNA KOLLALI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAURA LAVINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICK MANNION | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| SAMUEL ROWSER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHANIE PASQUALE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS VAN PATTEN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAXIMILIAN EYLE | EXECUTIVE DIRECTOR Officer | 40 | $57,077 | $7,264 |
| ANTHONY MALAVENDA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROOSEVELT RICK WRIGHT JR | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LAURENCE BOUSQUET | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SAPNA KOLLALI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LAURA LAVINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICK MANNION | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| SAMUEL ROWSER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEPHANIE PASQUALE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANTHONY MALAVENDA | BOARD MEMBER Trustee or director | 2 | $0 |
| ROOSEVELT RICK WRIGHT JR | CHAIR Trustee or director, Officer | 2 | $0 |
| LAURENCE BOUSQUET | TREASURER Trustee or director, Officer | 3 | $0 |
| KARLA GREEN | BOARD MEMBER Trustee or director | 1 | $0 |
| SAPNA KOLLALI | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURA LAVINE | BOARD MEMBER Trustee or director | 1 | $0 |
| PATRICK MANNION | SECRETARY Trustee or director, Officer | 2 | $0 |
| SAMUEL ROWSER | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHANIE PASQUALE | VICE CHAIR Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1258, SYRACUSE, NY 13201-1258
- In care of
- % BOUSQUET HOLSTEIN PLLC
- Principal officer (990 for 2025)
- LAURENCE BOUSQUET, PO BOX 1258, SYRACUSE, NY 13201
- Signed the 990
- LAURENCE BOUSQUET, PRESIDENT
- Phone
- (315) 701-6383
- Website
- CENTRALCURRENT.ORG
- Return prepared by
- GROSSMAN ST AMOUR CPAS PLLC
Mission
CENTRAL CURRENT, INC. IS A NONPROFIT,NONPARTISAN NEWS ORGANIZATION DEDICATED TO BRINGING INDEPENDENT ONLINE NEWS TO CENTRAL NEW YORK. WE PROVIDE FACT-BASED NEWS AND ANALYSIS ABOUT THE CHALLENGES, SOLUTIONS AND OPPORTUNITIES WE ALL SHARE LIVING IN CENTRAL NEW YORK. OUR NEWS AND MULTIMEDIA STORYTELLING IS EXCLUSIVELY PUBLISHED AND DISTRIBUTED ONLINE THROUGH OUR WEBSITE, NEWSLETTERS AND SOCIAL MEDIA. WE STRIVE TO BE AN INCLUSIVE AND RESPONSIVE RESOURCE FOR NEWS AND INFORMATION. OUR GOAL IS TO FOSTER CIVIC ENGAGEMENT AND DEMOCRATIC GOVERNANCE, AND TO HELP BUILD A MORE PROSPEROUS AND HEALTHY COMMUNITY.
Program accomplishments
- CENTRAL CURRENT, INC. IS A NONPROFIT,NONPARTISAN NEWS ORGANIZATION DEDICATED TO BRINGING INDEPENDENT ONLINE NEWS TO CENTRAL NEW YORK. WE PROVIDE FACT-BASED NEWS AND ANALYSIS ABOUT THE CHALLENGES, SOLUTIONS AND OPPORTUNITIES WE ALL SHARE LIVING IN CENTRAL NEW YORK. OUR NEWS AND MULTIMEDIA STORYTELLING IS EXCLUSIVELY PUBLISHED AND DISTRIBUTED ONLINE THROUGH OUR WEBSITE, NEWSLETTERS AND SOCIAL MEDIA. WE STRIVE TO BE AN INCLUSIVE AND RESPONSIVE RESOURCE FOR NEWS AND INFORMATION. OUR GOAL IS TO FOSTER CIVIC ENGAGEMENT AND DEMOCRATIC GOVERNANCE, AND TO HELP BUILD A MORE PROSPEROUS AND HEALTHY COMMUNITY.Expenses $396,104
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 86-1656116
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A30)
- Assets (IRS master file)
- $246,643
- Income (IRS master file)
- $684,701
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $654,022 | $562,392 | $246,643 | XML |
| 990 | December 2024 | $373,915 | $432,243 | $91,302 | XML |
| 990 | December 2023 | $393,704 | $390,408 | $141,240 | XML |
| 990 | December 2022 | $328,765 | $250,641 | $139,324 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 86-1656116).
Questions about CENTRAL CURRENT INC
- What is the EIN of CENTRAL CURRENT INC?
- The employer identification number (EIN) of CENTRAL CURRENT INC is 86-1656116.
- Is CENTRAL CURRENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to CENTRAL CURRENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTRAL CURRENT INC 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 CURRENT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTRAL CURRENT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CENTRAL CURRENT INC?
- The 990 for the year ended December 31, 2025 names LAURENCE BOUSQUET.
- Who are the officers and directors of CENTRAL CURRENT INC?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $72,882 (MAXIMILIAN EYLE, EXECUTIVE DIRECTOR).
- How much revenue does CENTRAL CURRENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $654,022, expenses of $562,392 and total assets of $246,643 at year end.
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