CITIES FOR URBAN REVITALIZATION & ENHANCEMENT INC

EIN: 461565989 501(c)(3) Community Improvement

Hazel Park, MI

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$65,787
Net Assets
$65,787
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MI
Principal Officer
Edward Klobucher
Phone
2485464060
Tax Period
2024-07-01 to 2025-06-30

Mission

Cities for Urban Revitalization & Enhancement, Inc.'s (d/b/a Land CURE) purpose is to engage in neighborhood stabilization through the acquisition and rehabilitation of foreclosed tax-delinquent properties.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
2
$218,438
Total Directors
0
$0
Key Employees
1
$121,383
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward Klobucher President 0
Officer
$0 $0 $212,718
Thomas Jones Treasurer 0
Key Emp
$0 $0 $121,383
Michael Webb Vice President 0
Officer
$0 $0 $5,720
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 No data No data $65,787 No data
2024 No data No data No data No data
2023 $42,000 $35,486 $65,787 $6,514
2022 No data $8,275 $59,273 No data
2021 $1,480 $126,662 $67,548 $-125,182
2020 $64,036 $70,992 $192,730 $-6,956
2019 $202,551 $88,316 $199,686 $114,235
2018 $117,254 $52,743 $85,451 $64,511
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