Civic Intelligence

Cure Collaborations LLC

990 • Fiscal year 2018 • EIN 82-2470728

Aug 08, 2017 to Jun 30, 2018 • Filed on Feb 19, 2019

Organization ProfileCURECOMMONS.ORG
470 James StNew Haven, CT 06315

(203) 470-2720

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.00x

Higher debt load relative to assets than 95% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

1.23x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

98th percentile

$89,103

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 42.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets95th percentile

Assets

$258,814

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$258,814

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin41st percentile

Revenue

$210,607

No earlier filing loaded for comparison.

Expenses

$210,607

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2018: $258,814Liabilities 2018: $258,814Net Assets 2018: $02018

Highlighted filing

2018

Assets$258,814
Liabilities$258,814
Net Assets$0
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0Revenue 2018: $210,607Expenses 2018: $210,607Net Income 2018: $02018

Highlighted filing

2018

Revenue$210,607
Expenses$210,607
Net Income$0
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Aug 8, 2017 to Jun 30, 2018
Signed
Feb 19, 2019
Return Version
2017v2.3
Gross Receipts
$210,607
Mission and Program Overview

Mission

CURE Collaboration, LLC (Collaborations) is a wholly-owned subsidiary of CURE Innovations, LLC. Its purpose is to promote, support and further the charitable, educational and community development activities with Thames River Innovations Places (TRIP).

The organization's purpose is to promote, support and further the charitable, educational and community development activities with Thames River Innovations Places (TRIP).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$178,740▲ $178,740
Accounts Receivable$0$80,074▲ $80,074
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$0$258,814▲ $258,814
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$246,825▲ $246,825
Deferred Revenue$0$11,989▲ $11,989
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$258,814▲ $258,814
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$0$0→ $0
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$258,814▲ $258,814
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Dawn HocevarPresident & CEO-hired 10/16/17FT$89,103$89,103
Stanley ChoyCo-Chair and Treasurer-$38,500$38,500
Susan FroshauerPresident & CEO-until 10/20/17FT$38,462$38,462

Board Members and Trustees

NameTitle
Peter FarinaCo-Chair
Andrew ZehnerDirector
Anthony SabatelliDirector
David ScheerDirector
Eleanor TandlerDirector
Elizabeth SullivanDirector
Erin DuffyDirector
John BurkhardtDirector
John HoustonDirector
Lawrence WeissDirector
Richard JacobDirector
Robert BettigoleDirector
Todd ArnoldDirector
Frank MarcoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$210,607
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$38,921
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$142,223
Other Expenses$68,384
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$126,189$3,751-$129,940
Advertising$23,461$950-$24,411
Conferences and Meetings$14,025$46-$14,071
Payroll Taxes$11,937$346-$12,283
Fees for Services Accounting$7,814$411-$8,225
Occupancy$5,396$90-$5,486
Information Technology$4,675--$4,675
Fees for Services Legal$3,020$24-$3,044
Travel$2,677$115-$2,792
Fees for Services Other$1,048$55-$1,103
Other Expenses$504$13-$504
Total Functional Expenses$204,727$5,880$0$210,607
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Connecticut United for Research Excellence, Inc (CURE) is the sole member of CURE Collaborations, LLC. Due to this relationship, the governing body of CURE is identified as the governing body of CURE Collaborations, LLC.”

Form 990, Part VI, Section A, Line 7B

“Connecticut United for Research Excellence, Inc (CURE) is the sole member of CURE Collaborations, LLC. All governance decisions are made by the member.”

Form 990, Part VI, Section A, Line 8B

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

Form 990, Part VI, Section B, Line 11B

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

Form 990, Part VI, Section B, Line 12C

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

Form 990, Part VI, Section B, Line 15

“All compensation must be approved by the president.”

Form 990, Part VI, Section C, 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 Collaborations, LLC. The directors listed are the directors of CURE. Director Dawn Hocevars 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.”

Form 990, Part VI, Section A, Line 3

“The Organization has delegated control of the daily accounting function to Blum Shapiro.”

Filing and Contact Details

Filer

Filer Name
CURE Collaborations LLC
EIN
82-2470728
In Care Of
% BLUM SHAPIRO
Phone
2034702720
Address
470 James St, New Haven, CT 06315

Signing Officer

Name
Dawn Hocevar
Title
President & CEO
Signed
2019-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn Hocevar
Formed
2018
Legal Domicile
Ct
Voting Board Members
16
Independent Board Members
14
Employees
2

Preparer

Firm
Fiondella Milone & LaSaracina LLP
Address
300 Winding Brook Drive, Glastonbury, CT 06033
Preparer
Lisa LaSaracina Partner
Phone
8606573651
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0210607
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt04675
IRS990/InformationTechnologyGrp/TotalAmt04675
IRS990/InitialReturnInd0X
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CURE Collaboration, LLC (Collaborations) is a wholly-owned subsidiary of CURE Innovations, LLC. Its purpose is to promote, support and further the charitable, educational and community development activities with Thames River Innovations Places (TRIP).
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt090
IRS990/OccupancyGrp/ProgramServicesAmt05396
IRS990/OccupancyGrp/TotalAmt05486
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CELL PHONES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3AWARDS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt162
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt213
IRS990/OtherExpensesGrp/ProgramServicesAmt01433
IRS990/OtherExpensesGrp/ProgramServicesAmt12301
IRS990/OtherExpensesGrp/ProgramServicesAmt2247
IRS990/OtherExpensesGrp/ProgramServicesAmt3504
IRS990/OtherExpensesGrp/TotalAmt01450
IRS990/OtherExpensesGrp/TotalAmt12363
IRS990/OtherExpensesGrp/TotalAmt2260
IRS990/OtherExpensesGrp/TotalAmt3504
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03751
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0126189
IRS990/OtherSalariesAndWagesGrp/TotalAmt0129940
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0346
IRS990/PayrollTaxesGrp/ProgramServicesAmt011937
IRS990/PayrollTaxesGrp/TotalAmt012283
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DAWN HOCEVAR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0210607
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$258,814
Liabilities
$258,814
Net assets
$0
Revenue
$210,607
Expenses
$210,607
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$2.59$2.59$0.00$2.11$2.11$0.00