NonprofitsCenter For Urban Rehabilitation And Empowerment C U R E Inc

Philanthropy, Voluntarism & Grantmaking Foundations

Center For Urban Rehabilitation And Empowerment C U R E Inc

YONKERS, NY

Total revenue

$1.6M

Total expenses

$840K

Net assets

$868K

Grants received

EIN

134074024

Tax year

2024

Mission

To develop, build, rehabilitate and/or own housing for families of low to moderate means.

Programs

1 program

Cure seeks and creates joint venture partners to apply for funding for, and if successful, to develop and construct affordable housing for low to moderate income households. The purpose of the partnering is to help cure secure the resources and expertise to assist cure in obtaining necessary financing, including subsidies and grants as well as skills to acquire, construct, and manage the development including leasing and managing the buildings.cure also provides the following services while developing affordable housing opportunities: community outreach and assessment, participation in project design and approval meetings, compliance with local mbe wbe contractors hiring requirements, outreach, training and participating in lease up and management roles.

Expenses: $140K

Financials

FY 2024

Revenue

Contributions & grants$437K
Program service revenue$206K
Investment income$985K
Other revenue$6
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$193K
Fundraising
Other expenses$647K
Total expenses$840K
Total assets$901K
Net assets$868K

People

6 listed

NameRoleCompensation

JAMES L SIMMONS JR

EXECUTIVE DIR/SECRETARY

Board

$190K

35 hrs/wk

LAMOUNT BROWN

CHAIRPERSON

Board

2 hrs/wk

WALTER JACOBS

BOARD MEMBER

Board

2 hrs/wk

LORRAINE COOPER

TREASURER

Board

2 hrs/wk

JERRY JONES

BOARD MEMBER

Board

2 hrs/wk

RICHARD SHEAHAN

BOARD MEMBER

Board

2 hrs/wk

Details

EIN134074024
NTEE codeT70
Subsection03
Ruling date2001-09
Formed1999
Employees1
Volunteers5
CENTER FOR URBAN REHABILITATION AND EMPOWERMENT C U R E INC — Mission, Financials & Grants Received | Grantivo