YONKERS, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTER FOR URBAN REHABILITATION AND EMPOWERMENT INC, founded in 1999, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $591K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring.
TO DEVELOP, BUILD, REHABILITATE AND/OR OWN HOUSING FOR FAMILIES OF LOW TO MODERATE MEANS.
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...
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 DETERMINES WHETHER THE HOMEOWNERS MEET INCOME ELIGIBILITY REQUIREMENTS, INSPECTS THE PROPERTIES TO DETERMINE REPAIRS NEEDED, IDENTIFIES CONTRACTORS AND OVERSEES THE 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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $590,684 | $740,933 | -0.2% |
| Expenses | $574,156 | $715,625 | -0.2% |
| Net Income | $16,528 | $25,308 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES L SIMMONS JR | EXECUTIVE DIR/SECRETARY | 35.00 |
Officer
Director
|
$174,998 | $0 | $174,998 |
| LAMOUNT BROWN | CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WALTER JACOBS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| LORRAINE COOPER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JERRY JONES | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $590,684 | $574,156 | $730,864 | $16,528 |
| 2023 | $630,684 | $614,156 | $711,496 | $16,528 |
| 2022 | $740,933 | $715,626 | $743,425 | $25,307 |
| 2021 | $386,057 | $444,284 | $189,521 | $-58,227 |
| 2020 | $311,703 | $286,354 | $258,670 | $25,349 |
| 2019 | $226,505 | $289,061 | $143,021 | $-62,556 |
| 2018 | $497,565 | $376,382 | $235,943 | $121,183 |
Compare CENTER FOR URBAN REHABILITATION AND EMPOWERMENT INC with other nonprofits in New York and across the country.