HEALTHCURA REAL ESTATE INC

EIN: 831555935 Community Improvement

CHICAGO, IL

Total Revenue
$1,160,000
Total Expenses
$962,880
Total Assets
$19,280,475
Net Assets
$9,349,669
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
IL
Principal Officer
MAHOMED OUEDRAOGO
Phone
3125262100
Tax Period
2024-01-01 to 2024-12-31

HEALTHCURA REAL ESTATE INC, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $197K, a strong 17% operating margin.

Mission

HEALTHCURA REAL ESTATE INC. IS ORGANIZED EXCLUSIVELY FOR HOLDING TITLE TO PROPERTY, COLLECTING INCOME THEREOF, AND TURNING OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO ITS SOLE MEMBER, ACCESS COMMUNITY HEALTH NETWORK.

Program Service Accomplishments

Program 1
Expenses: $962,880 Revenue: $1,160,000

TITLE HOLDING COMPANY FOR ACCESS COMMUNITY HEALTH NETWORK

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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 $1,160,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,160,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $962,880
Other Expenses $962,880
TOTAL EXPENSES $962,880

Year-over-Year Comparison

2024 2023 Change
Revenue $1,160,000 $1,256,667 -0.1%
Expenses $962,880 $947,963 +0.0%
Net Income $197,120 $308,704 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
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
3
$1,699,406
Total Directors
3
$1,699,406
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAHOMED OUEDRAOGO PRESIDENT 1.00
Officer Director
$0 $25,414 $939,460
TARIQ BUTT SECRETARY 1.00
Officer Director
$0 $32,994 $370,479
JAIRO MEJIA TREASURER 1.00
Officer Director
$0 $14,578 $389,467
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
2024 $1,160,000 $962,880 $19,280,475 $197,120
2023 $1,256,667 $947,963 $19,591,262 $308,704
2022 $1,110,000 $807,982 $20,105,790 $302,018
2021 $180,000 $121,522 $4,992,566 $58,478
2021 $360,000 $248,588 $5,038,263 $111,412
2020 $360,000 $258,994 $5,151,256 $101,006
2019 $240,000 $177,058 $5,228,747 $62,942
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