CURA

EIN: 883576319 501(c)(3) Housing & Shelter

PAYNESVILLE, MN

Total Revenue
$5,179,917
Total Expenses
$5,933,563
Total Assets
$737,048
Net Assets
$-116,032
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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
2022
Legal Domicile
MN
Principal Officer
FRED STRUZYK
Phone
3203992366
Tax Period
2023-01-01 to 2023-12-31

CURA, founded in 2022, is a community nonprofit in the Housing & Shelter sector that reported $5.2M in total revenue in fiscal year 2023. Expenses of $5.9M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE HIGH QUALITY, PERSON-CENTERED CARE WITH DIGNITY, RESPECT, COMPASSION, AND INTEGRITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $174,525
Program Service Revenue $4,773,202
Investment Income $1,093
Other Revenue $231,097
TOTAL REVENUE $5,179,917

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,530,638
Fundraising Expenses $0
Program Expenses $5,144,219
Other Expenses $2,402,925
TOTAL EXPENSES $5,933,563

Year-over-Year Comparison

2023 2022 Change
Revenue $5,179,917 N/A N/A
Expenses $5,933,563 N/A N/A
Net Income $-753,646 N/A 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
178
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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM OPATZ CHIEF EXECUTIVE OFFICER 1.00
Officer Director
$0 $0 $0
FRED STRUZYK CHIEF FINANCIAL OFFICER 1.00
Officer Director
$0 $0 $0
CURT COTTON PRESIDENT 1.00
Officer Director
$0 $0 $0
JOESPH SCHWINGHAMMER SECRETARY 1.00
Officer Director
$0 $0 $0
MARK DIRKES TREASURER 1.00
Officer 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
2024 No data No data No data No data
2023 $5,179,917 $5,933,563 $737,048 $-753,646
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