THE WESTWOOD COMMUNITY URBAN REDEVELOPMENT CORPORATION

EIN: 310930919 501(c)(3)

Cincinnati, OH

Total Revenue
$80,606
Total Expenses
$115,889
Total Assets
$494,875
Net Assets
$143,219
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
OH
Principal Officer
William A Siemer
Phone
7035592259
Tax Period
2025-01-01 to 2025-12-31

THE WESTWOOD COMMUNITY URBAN REDEVELOPMENT CORPORATION, founded in 1978, is a micro nonprofit that reported $81K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. Expenses of $116K exceeded revenue, resulting in a 44% operating deficit.

Mission

The Westwood Community Urban Redevelopment Corporation is a non-profit community corporation located in the diverse, historic, and largest neighborhood of Cincinnati. Through property acquisition and redevelopment, and the facilitation of development activities, WestCURC will contribute to the revitalization of Westwood, leading to stabilization and reinvestment, increasing the value of Westwood properties, and making Westwood an attractive destination and a thriving community.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $72,518
Program Service Revenue $8,088
Investment Income $0
Other Revenue $0
TOTAL REVENUE $80,606

Expense Breakdown

Grants Paid $85,868
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $110,780
Other Expenses $30,021
TOTAL EXPENSES $115,889

Year-over-Year Comparison

2025 2024 Change
Revenue $80,606 $91,978 -0.1%
Expenses $115,889 $65,270 +0.8%
Net Income $-35,283 $26,708 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Greg Hand President 12
Officer Director
$0 $0 $0
Greg Kissel Vice President 3
Officer Director
$0 $0 $0
William Siemer Treasurer 3
Officer Director
$0 $0 $0
Abe Brandyberry Board Member 1
Director
$0 $0 $0
David Booker Board Member 1
Director
$0 $0 $0
Tony Cody Board Member 1
Director
$0 $0 $0
Leslie Rich Board Member 1
Director
$0 $0 $0
Emilio Voltaire Board Member 1
Director
$0 $0 $0
Hillary Kenkel Board Member 1
Director
$0 $0 $0
Lakeisha Cook Board Member 1
Director
$0 $0 $0
Tyrone Gray Board Member 1
Director
$0 $0 $0
Kerry Rundle-McIver Secretary 3
Officer Director
$0 $0 $0
Hope Platzbecker Member 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $80,606 $115,889 $494,875 $-35,283
2024 $91,978 $65,270 $530,158 $26,708
2023 $63,992 $87,539 $503,450 $-23,547
2022 $115,647 $21,204 $551,997 $94,443
2021 $377,075 $372,912 $452,046 $4,163
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