Civic Intelligence

Cure Innovations LLC

EIN 46-3840398 • 501(c)3 • Groton, CT

Profile

The organization was formed to manage cure innovation commons, an incubator for bioscience and other technologies.

93 Shennecossett RdGroton, CT 06340

curecommons.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.27x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

5.33x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

8th percentile

-42%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$89,103

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 25.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

29th percentile

-2.5%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$4,431,109

Down $81,940 (-1.8%) from 2023

Liabilities

Up

$1,144,782

Up $108,728 (+10%) from 2023

Net Assets

Down

$3,286,327

Down $190,668 (-5.5%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin8th percentile

Revenue

Down

$420,556

Down $16,865 (-3.9%) from 2023

Expenses

Up

$611,224

Up $47,937 (+8.5%) from 2023

Net Income

Down

-$190,668

Down $64,802 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2016: $4,126,661Liabilities 2016: $304,799Net Assets 2016: $3,821,8622016Assets 2017: $4,787,728Liabilities 2017: $682,080Net Assets 2017: $4,105,6482017Assets 2018: $4,700,811Liabilities 2018: $642,414Net Assets 2018: $4,058,3972018Assets 2019: $4,703,102Liabilities 2019: $688,942Net Assets 2019: $4,014,1602019Assets 2020: $4,881,311Liabilities 2020: $935,274Net Assets 2020: $3,946,0372020Assets 2021: $4,823,325Liabilities 2021: $1,004,294Net Assets 2021: $3,819,0312021Assets 2022: $4,610,501Liabilities 2022: $1,007,640Net Assets 2022: $3,602,8612022Assets 2023: $4,513,049Liabilities 2023: $1,036,054Net Assets 2023: $3,476,9952023Assets 2024: $4,431,109Liabilities 2024: $1,144,782Net Assets 2024: $3,286,3272024

Highlighted filing

2024

Assets$4,431,109
Liabilities$1,144,782
Net Assets$3,286,327
Open 2024 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $3,073,773Expenses 2016: $300,826Net Income 2016: $2,772,9472016Revenue 2017: $719,024Expenses 2017: $435,238Net Income 2017: $283,7862017Revenue 2018: $344,688Expenses 2018: $391,939Net Income 2018: -$47,2512018Revenue 2019: $307,652Expenses 2019: $351,889Net Income 2019: -$44,2372019Revenue 2020: $366,769Expenses 2020: $434,892Net Income 2020: -$68,1232020Revenue 2021: $352,861Expenses 2021: $479,867Net Income 2021: -$127,0062021Revenue 2022: $312,505Expenses 2022: $528,675Net Income 2022: -$216,1702022Revenue 2023: $437,421Expenses 2023: $563,287Net Income 2023: -$125,8662023Revenue 2024: $420,556Expenses 2024: $611,224Net Income 2024: -$190,6682024

Highlighted filing

2024

Revenue$420,556
Expenses$611,224
Net Income-$190,668
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,431,109
Liabilities
$1,144,782
Net assets
$3,286,327
Revenue
$420,556
Expenses
$611,224
Net income
-$190,668
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.43$1.14$3.29$0.42$0.61$0.19
2023Detailed filing. Detailed filing data is available for this year.$4.51$1.04$3.48$0.44$0.56$0.13
2022Detailed filing. Detailed filing data is available for this year.$4.61$1.01$3.60$0.31$0.53$0.22
2021Detailed filing. Detailed filing data is available for this year.$4.82$1.00$3.82$0.35$0.48$0.13
2020Detailed filing. Detailed filing data is available for this year.$4.88$0.94$3.95$0.37$0.43$0.07
2019Detailed filing. Detailed filing data is available for this year.$4.70$0.69$4.01$0.31$0.35$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.70$0.64$4.06$0.34$0.39$0.05
2017Detailed filing. Detailed filing data is available for this year.$4.79$0.68$4.11$0.72$0.44$0.28
2016Summary only. Only limited summary data is available for this year.$4.13$0.30$3.82$3.07$0.30$2.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 10, 2025
Return Version
2023v6.0
Gross Receipts
$624,530
Mission and Program Overview

Mission

To provide a research incubator facility, including educational programming to entrepeneurs, for fledgling biomedical and technology companies.

The organization was formed to manage cure innovation commons, an incubator for bioscience and other technologies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,055,792$3,911,818▼ $143,974
Cash and Non-Interest-Bearing Accounts$435,259$445,208▲ $9,949
Accounts Receivable$19,971$60,074▲ $40,103
Prepaid Expenses and Deferred Charges$2,027$14,009▲ $11,982
Total Assets$4,513,049$4,431,109▼ $81,940
Liabilities
Mortgage Notes Payable Secured by Investment Property$901,168$862,582▼ $38,586
Accounts Payable and Accrued Expenses$82,013$197,763▲ $115,750
Other Liabilities$32,362$68,487▲ $36,125
Deferred Revenue$20,511$15,950▼ $4,561
Total Liabilities$1,036,054$1,144,782▲ $108,728
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,476,995$3,286,327▼ $190,668
Total Net Assets Fund Balance$3,476,995$3,286,327▼ $190,668
Total Liabilities and Net Assets / Fund Balance$4,513,049$4,431,109▼ $81,940

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$520,000--
Land$130,000--
Equipment$34,761$133,338-
Leasehold Improvements$3,227,057$949,337-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kimberly NashOperating DiFT$105,000-$105,000
Dawn HocevarPresident &PT-$41,667$41,667
Stanley ChoyChair & Trea--$38,500$38,500

Board Members and Trustees

NameTitle
Abhijit BanerjeeDirector
Carter WinstanleyDirector
David I ScheerDirector
Erika SmithDirector
J Dormer StephenDirector
Jackie SchumacherDirector
Jean-michel BoersDirector
Jodie GillonDirector
John G HoustonDirector
Josh GeballeDirector
Kaile ZaggerDirector
Kat Kayser-brickerDirector
Mark AdamsDirector
Matt StoreygardDirector
Mike StowDirector
Paul FonteyneDirector
Raja MangipudyDirector
Robert BettigoleDirector
Seng H ChengDirector
Paul HughesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$420,556
Change in Net Assets
$-190,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$361,461
Salaries, Compensation, and Employee Benefits$249,763
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$137,511$7,237-$144,748
Other Salaries and Wages$114,625--$114,625
Current Officers, Directors, Trustees, and Key Employees$94,019$10,981-$105,000
Interest$47,072$2,477-$49,549
Fees for Services Other$22,207$1,169-$23,376
Other Employee Benefits$19,056$1,003-$20,059
Information Technology$11,600$611-$12,211
Fees for Services Accounting$10,954$577-$11,531
Occupancy-$10,736-$10,736
Payroll Taxes$9,575$504-$10,079
Office Expenses$7,942$418-$8,360
Advertising$4,721$248-$4,969
Conferences and Meetings$1,440$76-$1,516
Other Expenses$719$38-$757
Total Functional Expenses$570,464$40,760$0$611,224
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Rent Deposits$68,487
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The organization has delegated control of the daily accounting function to cliftonlarsonallen (previously blum shapiro).”

Form 990, Page 6, Part VI, Line 6

“The organization with members or shockholders.”

Form 990, Page 6, Part VI, Line 7A

“Connecticut united for research excellence, inc (cure) is the sole member of cure innovations, llc.”

Form 990, Page 6, Part VI, Line 7B

“Connecticut united for research excellence, inc (cure) is the sole member of cure innovations, llc. Due to this relationship, the governing body of cure is identified as the governing body of cure innovations, llc. All governance decisions are made by the member.”

Form 990, Page 6, Part VI, Line 8B

“The organization does not have committees with authority to act on behalf of the governing body.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed and approved by management.”

Form 990, Page 6, Part VI, Line 12C

“The co-chairs and president monitor compliance with the policy.”

Form 990, Page 6, Part VI, Line 19

“The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”

Form 990, Part VII

“Connecticut united for research excellence, inc (cure), a 501(c)(3) organization, is the sole manager of cure innovations, llc. The directors listed are the directors of cure. Director dawn hocevar's compensation reported from a related organization in part vii represents compensation for membership and business development services provided to connecticut united for research excellence. The average hours worked as reported for dawn hocevar represents her service as a director only for this organization.”

Filing and Contact Details

Filer

Filer Name
Cure Innovations LLC
EIN
46-3840398
Phone
2034702720
Address
93 SHENNECOSSETT RD, GROTON, CT 06340

Signing Officer

Name
Stanley Choy
Title
Chair & Treasurer
Phone
2034702720
Signed
2025-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanley Choy
Formed
2013
Legal Domicile
Ct
Voting Board Members
22
Independent Board Members
22
Employees
1

Preparer

Firm
Fiondella Milone & Lasaracina Llp
Address
300 WINDING BROOK DR STE 1, GLASTONBURY, CT 06033
Preparer
Amber D Tucker
Phone
8606573651
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization has received an exemption from the internal revenue service (irs) from federal income taxes under section 501(c)(3) of the internal revenue code. The organization is required to make the appropriate tax payments on any income considered unrelated to its exempt purpose. Management of the organization evaluates all significant tax positions required by gaap. At june 30, 2024, management stated it does not have any tax position that would require the recording of any additional tax liability nor does it have any unrealized tax benefits that would either increase of decrease within the next twelve months. The organization's income tax returns are subject to examination by the appropriate taxing jurisdictions. As of june 30, 2024, the organization's federal and state tax returns generally remain open for examination for three years from the date filed.”

Raw XML AppendixShowing 400 of 527 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt082013
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0197763
IRS990/AccountsReceivableGrp/BOYAmt019971
IRS990/AccountsReceivableGrp/EOYAmt060074
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION WAS FORMED TO MANAGE CURE INNOVATION COMMONS, AN INCUBATOR FOR BIOSCIENCE AND OTHER TECHNOLOGIES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0248
IRS990/AdvertisingGrp/ProgramServicesAmt04721
IRS990/AdvertisingGrp/TotalAmt04969
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0STANLEY CHOY
IRS990/BooksInCareOfDetail/PhoneNum02034702720
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt093 SHENNECOSSETT RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0GROTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006340
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0435259
IRS990/CashNonInterestBearingGrp/EOYAmt0445208
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt010981
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt094019
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0105000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt076
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt01440
IRS990/ConferencesMeetingsGrp/TotalAmt01516
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0361461
IRS990/CYOtherRevenueAmt0420556
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-190668
IRS990/CYSalariesCompEmpBnftPaidAmt0249763
IRS990/CYTotalExpensesAmt0611224
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0420556
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt020511
IRS990/DeferredRevenueGrp/EOYAmt015950
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt07237
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0137511
IRS990/DepreciationDepletionGrp/TotalAmt0144748
IRS990/Desc0CURE INNOVATIONS PROMOTES ECONOMIC DEVELOPMENT IN AN ECONOMICALLY-DEPRESSED AREA IN THE STATE OF CONNECTICUT THROUGH INCUBATOR SUPPORT OF FLEDGING BIOSCIENCE AND TECHNOLOGY COMPANIES AND ALSO ENGAGES IN STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) AND OTHER EDUCATIONAL ACTIVITIES RELATED TO BIOSCIENCE, BIOPHARMACEUTICALS, HEALTHCARE IT, AND MEDICAL DEVICES RESEARCH.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0570464
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0577
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010954
IRS990/FeesForServicesAccountingGrp/TotalAmt011531
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01169
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt022207
IRS990/FeesForServicesOtherGrp/TotalAmt023376
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt200.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0DAWN HOCEVAR
IRS990/Form990PartVIISectionAGrp/PersonNm1STANLEY CHOY
IRS990/Form990PartVIISectionAGrp/PersonNm2PAUL HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4ABHIJIT BANERJEE
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT BETTIGOLE
IRS990/Form990PartVIISectionAGrp/PersonNm6JEAN-MICHEL BOERS
IRS990/Form990PartVIISectionAGrp/PersonNm7KAT KAYSER-BRICKER
IRS990/Form990PartVIISectionAGrp/PersonNm8SENG H CHENG
IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL FONTEYNE
IRS990/Form990PartVIISectionAGrp/PersonNm10JOSH GEBALLE
IRS990/Form990PartVIISectionAGrp/PersonNm11JODIE GILLON
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN G HOUSTON
IRS990/Form990PartVIISectionAGrp/PersonNm13RAJA MANGIPUDY
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID I SCHEER
IRS990/Form990PartVIISectionAGrp/PersonNm15JACKIE SCHUMACHER
IRS990/Form990PartVIISectionAGrp/PersonNm16ERIKA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm17J DORMER STEPHEN
IRS990/Form990PartVIISectionAGrp/PersonNm18MATT STOREYGARD
IRS990/Form990PartVIISectionAGrp/PersonNm19MIKE STOW
IRS990/Form990PartVIISectionAGrp/PersonNm20CARTER WINSTANLEY
IRS990/Form990PartVIISectionAGrp/PersonNm21KAILE ZAGGER
IRS990/Form990PartVIISectionAGrp/PersonNm22KIMBERLY NASH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22105000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt041667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt138500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR & TREA
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22OPERATING DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0624530
IRS990/GrossRentsGrp/RealAmt0584419
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0611
IRS990/InformationTechnologyGrp/ProgramServicesAmt011600
IRS990/InformationTechnologyGrp/TotalAmt012211
IRS990/InterestGrp/ManagementAndGeneralAmt02477
IRS990/InterestGrp/ProgramServicesAmt047072
IRS990/InterestGrp/TotalAmt049549
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01082675
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04055792
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03911818
IRS990/LandBldgEquipCostOrOtherBssAmt04994493
IRS990/LegalDomicileStateCd0CT
IRS990/LessRentalExpensesGrp/RealAmt0203974
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION WAS FORMED TO MANAGE CURE INNOVATION COMMONS, AN INCUBATOR FOR BIOSCIENCE AND OTHER TECHNOLOGIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0901168
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0862582
IRS990/NetAssetsOrFundBalancesBOYAmt03476995
IRS990/NetAssetsOrFundBalancesEOYAmt03286327
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0380445
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0380445
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03476995
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03286327
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt010736
IRS990/OccupancyGrp/TotalAmt010736
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0418
IRS990/OfficeExpensesGrp/ProgramServicesAmt07942
IRS990/OfficeExpensesGrp/TotalAmt08360
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01003
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019056
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020059
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1FEES & MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04685
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138
IRS990/OtherExpensesGrp/ProgramServicesAmt089023
IRS990/OtherExpensesGrp/ProgramServicesAmt1719
IRS990/OtherExpensesGrp/TotalAmt093708
IRS990/OtherExpensesGrp/TotalAmt1757
IRS990/OtherLiabilitiesGrp/BOYAmt032362
IRS990/OtherLiabilitiesGrp/EOYAmt068487
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt040111
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt040111
IRS990/OtherRevenueTotalAmt040111
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0114625
IRS990/OtherSalariesAndWagesGrp/TotalAmt0114625
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0504
IRS990/PayrollTaxesGrp/ProgramServicesAmt09575
IRS990/PayrollTaxesGrp/TotalAmt010079
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02027
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014009
IRS990/PrincipalOfficerNm0STANLEY CHOY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0380506
IRS990/PYOtherRevenueAmt0437421
IRS990/PYRevenuesLessExpensesAmt0-125866
IRS990/PYSalariesCompEmpBnftPaidAmt0182781
IRS990/PYTotalExpensesAmt0563287
IRS990/PYTotalRevenueAmt0437421
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-190668
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0380445
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0584419
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0569041
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0431926
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0350361
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0352053
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02287800
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt060111
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00520
IRS990ScheduleA/PublicSupportPY170Pct00.00590
IRS990ScheduleA/PublicSupportTotal170Amt012000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012000
IRS990ScheduleA/TotalSupportAmt02299800
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0520000
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0520000
IRS990ScheduleD/EquipmentGrp/BookValueAmt034761
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0133338
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0168099
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0130000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0130000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03227057
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0949337
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt04176394
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt068487
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY RENT DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS RECEIVED AN EXEMPTION FROM THE INTERNAL REVENUE SERVICE (IRS) FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS REQUIRED TO MAKE THE APPROPRIATE TAX PAYMENTS ON ANY INCOME CONSIDERED UNRELATED TO ITS EXEMPT PURPOSE. MANAGEMENT OF THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS REQUIRED BY GAAP. AT JUNE 30, 2024, MANAGEMENT STATED IT DOES NOT HAVE ANY TAX POSITION THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT HAVE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OF DECREASE WITHIN THE NEXT TWELVE MONTHS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AS OF JUNE 30, 2024, THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION FOR THREE YEARS FROM THE DATE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03911818
IRS990ScheduleD/TotalLiabilityAmt068487
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DELEGATED CONTROL OF THE DAILY ACCOUNTING FUNCTION TO CLIFTONLARSONALLEN (PREVIOUSLY BLUM SHAPIRO).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION WITH MEMBERS OR SHOCKHOLDERS.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.