Center for Urban Rehabilitation and Empowerment C U R E INC
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Builds affordable housing for low and moderate-income Yonkers residents. For fiscal year 2024 it reported $1.6M in revenue, $840K in expenses, and $868K in net assets.Pt I
Summary of the Filing
Where the work happens
Cure manages a home improvement program which is funded by the new york affordable housing corp. Cure identifies homeowners who are in need of assistance to make repairs and improvements to their homes but who do not have the financial resources to make such repairs and improvements.
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…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
James L Simmons JR’s $190K as Executive Dir/Secretary is at the 79th percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2021 |
|---|---|---|---|
| James L Simmons JR | $189,580 | $174,998 | — |
| James L Simmons JR | — | $174,998 | — |
| Jamesl Simmons JR | — | — | $13,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 17% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 158% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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