Cura-Fratitle Holding Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223245295 ✦ Newark, NJ ✦ Designated as a 501(c)(2)

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Overview

What is Cura-Fratitle Holding Corporation?

Cura-Fratitle Holding Corporation serves as a title holding entity for a related, non-profit organization. This entity provides a physical space where the non-profit can carry out its projects and initiatives. The specific nature or focus of the non-profit organization is not explicitly mentioned in the provided information, but it's clear that Cura-Fratitle Holding Corporation supports its operations by facilitating access to a suitable premise.

Is Cura-Fratitle Holding Corporation legitimate?

Cura-Fratitle Holding Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Cura-Fratitle Holding Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cura-Fratitle Holding Corporation?

Cura-Fratitle Holding Corporation serves as a title holding company for a related non-profit organization. Its primary mission is to provide a suitable premise where the non-profit can carry out its projects. By acting as a title holder, Cura-Fratitle allows the non-profit to focus on its core goals without the burden of property management. This arrangement enables the non-profit to effectively and efficiently utilize its resources for the betterment of its intended beneficiaries.

Who is the CEO of Cura-Fratitle Holding Corporation?

Hernandez Luis E is the CEO of Cura-Fratitle Holding Corporation The CEO's salary of Cura-Fratitle Holding Corporation is $0 and their total compensation is $42,308.

What is the revenue of Cura-Fratitle Holding Corporation?

Cura-Fratitle Holding Corporation's revenue in 2024 was $167,076.

Who are the executives of Cura-Fratitle Holding Corporation and what are their salaries?

There 1 volunteer at Cura-Fratitle Holding Corporation.

Here are 9 key members and their salaries (Cura-Fratitle Holding Corporation's CEO's salary is $0 and their total compensation is $42,308):


Mr Ruben Abreu (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrsmaria I Velez-Lopez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrjame Lugo (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Barquin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberto Flecha (President & Ceo(Till 10/16/2023 ))
  • Compensation: $0
  • Related: $48,519
  • Other: $0
Glenn Galano (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Fiero (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hernandez Luis E (President & Ceo(From 01/30/2024 ))
  • Compensation: $0
  • Related: $42,308
  • Other: $0
Irma Gonzalez (Deputy Director)
  • Compensation: $0
  • Related: $94,761
  • Other: $0
Where can I find the form 990 for Cura-Fratitle Holding Corporation?

Cura-Fratitle Holding Corporation's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Cura-Fratitle Holding Corporation

Cura-Fratitle Holding Corporation serves as a title holding company for a related non-profit organization, offering premises for the execution of their projects. Essentially, this corporation provides a physical space for the non-profit to carry out its charitable activities. By doing so, it enables the non-profit to focus on its mission without the burden of securing and maintaining a property. This role is instrumental in allowing the non-profit to fulfill its objectives more effectively.

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Impact




October, 2024

Cura-Fratitle Holding Corporation significantly impacts the community by serving as a title holding company that provides essential premises for various nonprofit projects. By facilitating space for these projects, the organization enhances the ability of related nonprofits to operate effectively, allowing them to address community needs and improve local conditions.

Located in Newark, NJ, Cura-Fratitle plays a crucial role in supporting initiatives that contribute to community improvement. This involvement not only helps ensure that nonprofit organizations have the necessary infrastructure to function but also fosters collaboration and innovation among community members. By offering a stable and dedicated location for these activities, Cura-Fratitle enables nonprofits to focus on their missions, ultimately leading to enhanced services and programs for the community.




This information is meant to be a general summary of Cura-Fratitle Holding Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$167,076 (2024)
Expenses
$27,378 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $9,000
  • Gross Receipts: $357,000

Assets and Liabilities:

  • Total Assets: $356,406
  • Total Liabilities: $6,720
  • Net Assets: $349,686

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE-RENTAL

Revenue

$9,000

Organization Details

Founding Year

1993

Principal Officer

Mrsmaria I Velez-Lopez

NTEE Category

Code: S47 - Community improvement

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