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Nonprofit · EIN 46-3840398

CURE INNOVATIONS LLC

Tax-exempt · GROTON, CT 06340

Financials

$437K$563K2022$421K$611K2023$227K$321K2024
Revenue Expenses · by fiscal year end
Financials of CURE INNOVATIONS LLC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$226,991$321,479-$94,488$4,400,629$1,208,790$3,191,839
June 30, 2024990$420,556$611,224-$190,668$4,431,109$1,144,782$3,286,327
June 30, 2023990$437,421$563,287-$125,866$4,513,049$1,036,054$3,476,995
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Net rental income
$197,451
Other revenue
$226,991

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$120,125
Salaries, compensation and benefits (total)
$136,501
Professional fundraising fees
$0
Accounting fees
$15,000
Occupancy
$5,153
Depreciation
$72,374
Program services (functional)
$300,511
Management and general (functional)
$20,968

Balance sheet and other

Total assets, start of year
$4,431,109
Total assets, end of year
$4,400,629
Total liabilities, end of year
$1,208,790
Net assets, end of year
$3,191,839
Land, buildings and equipment
$3,839,832
Net assets without donor restrictions
$3,191,839
Gross receipts
$324,893
Employees
1
Year formed
2013
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
JODIE GILLONPRESIDENT &
Trustee or director, Officer
40$0$302,557
KIMBERLY NASHOPERATING DI
Highest-paid employee
0.1$0$108,176
STANLEY CHOYCO CHAIR & T
Trustee or director, Officer
0.1$0$38,747
DAVID SCHEERCO CHAIR & T
Trustee or director, Officer
0.1$0$0
PAUL HUGHESSECRETARY
Trustee or director, Officer
0.1$0$0
PAUL FONTEYNEDIRECTOR
Trustee or director
0.1$0$0
JOSH GEBALLEDIRECTOR
Trustee or director
0.1$0$0
JOHN G HOUSTONDIRECTOR
Trustee or director
0.1$0$0
RAJA MANGIPUDYDIRECTOR
Trustee or director
0.1$0$0
JACKIE SCHUMACHERDIRECTOR
Trustee or director
0.1$0$0
ERIKA SMITHDIRECTOR
Trustee or director
0.1$0$0
J DORMER STEPHENDIRECTOR
Trustee or director
0.1$0$0
MATTHEW STORYGUARDDIRECTOR
Trustee or director
0.1$0$0
CATER WINSTANDLEYDIRECTOR
Trustee or director
0.1$0$0
KAILE ZAGGERDIRECTOR
Trustee or director
0.1$0$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensationFrom related orgs
KIMBERLY NASHOPERATING DI
Highest-paid employee
40$105,000$0
DAWN HOCEVARPRESIDENT &
Trustee or director, Officer
10$0$41,667
STANLEY CHOYCHAIR & TREA
Trustee or director, Officer
0.3$0$38,500
PAUL HUGHESSECRETARY
Trustee or director, Officer
0.1$0$0
MARK ADAMSDIRECTOR
Trustee or director
0.1$0$0
ABHIJIT BANERJEEDIRECTOR
Trustee or director
0.1$0$0
ROBERT BETTIGOLEDIRECTOR
Trustee or director
0.1$0$0
JEAN-MICHEL BOERSDIRECTOR
Trustee or director
0.1$0$0
KAT KAYSER-BRICKERDIRECTOR
Trustee or director
0.1$0$0
SENG H CHENGDIRECTOR
Trustee or director
0.1$0$0
PAUL FONTEYNEDIRECTOR
Trustee or director
0.1$0$0
JOSH GEBALLEDIRECTOR
Trustee or director
0.1$0$0
JODIE GILLONDIRECTOR
Trustee or director
0.1$0$0
JOHN G HOUSTONDIRECTOR
Trustee or director
0.1$0$0
RAJA MANGIPUDYDIRECTOR
Trustee or director
0.1$0$0
DAVID I SCHEERDIRECTOR
Trustee or director
0.1$0$0
JACKIE SCHUMACHERDIRECTOR
Trustee or director
0.1$0$0
ERIKA SMITHDIRECTOR
Trustee or director
0.1$0$0
J DORMER STEPHENDIRECTOR
Trustee or director
0.1$0$0
MATT STOREYGARDDIRECTOR
Trustee or director
0.1$0$0
MIKE STOWDIRECTOR
Trustee or director
0.1$0$0
CARTER WINSTANLEYDIRECTOR
Trustee or director
0.1$0$0
KAILE ZAGGERDIRECTOR
Trustee or director
0.1$0$0
990 for the year ended June 30, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgs
DAWN HOCEVARPRESIDENT &
Trustee or director, Officer
10$0$155,000
KIMBERLY NASHOPERATING DI
Highest-paid employee
40$100,001$0
STANLEY CHOYCHAIR & TREA
Trustee or director, Officer
0.3$0$38,500
PAUL HUGHESSECRETARY
Trustee or director, Officer
0.1$0$0
MOSTAFA ANALOUIDIRECTOR
Trustee or director
0.1$0$0
ABHIJIT BANERJEEDIRECTOR
Trustee or director
0.1$0$0
ROBERT BETTIGOLEDIRECTOR
Trustee or director
0.1$0$0
JOSH GEBALLEDIRECTOR
Trustee or director
0.1$0$0
CYNTHIA D GREENDIRECTOR
Trustee or director
0.1$0$0
JOHN G HOUSTONDIRECTOR
Trustee or director
0.1$0$0
RAJA MANGIPUDYDIRECTOR
Trustee or director
0.1$0$0
DAVID I SCHEERDIRECTOR
Trustee or director
0.1$0$0
JACKIE SCHUMACHERDIRECTOR
Trustee or director
0.1$0$0
ELEANORE SEIBERTDIRECTOR
Trustee or director
0.1$0$0
ERIKA SMITHDIRECTOR
Trustee or director
0.1$0$0
J DORMER STEPHENDIRECTOR
Trustee or director
0.1$0$0
KAILE ZAGGERDIRECTOR
Trustee or director
0.1$0$0

Address and contacts

Address (IRS master file)
93 SHENNECOSSETT RD, GROTON, CT 06340-5115
In care of
% CLIFTONLARSONALLEN
Principal officer (990 for 2024)
STANLEY CHOY, 93 SHENNECOSSETT RD, GROTON, CT 06340
Signed the 990
STANLEY CHOY, CO CHAIR & TREASURER
Phone
(203) 470-2720
Return prepared by
FIONDELLA MILONE & LASARACINA LLP

Mission

THE ORGANIZATION WAS FORMED TO MANAGE CURE INNOVATION COMMONS, AN INCUBATOR FOR BIOSCIENCE AND OTHER TECHNOLOGIES.

990 for the year ended December 31, 2024

Program accomplishments

  • CURE 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.
    Expenses $300,511

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
46-3840398
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,400,629
Income (IRS master file)
$324,893

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$226,991$321,479$4,400,629IRS
990June 2024$420,556$611,224$4,431,109XML
990June 2023$437,421$563,287$4,513,049XML
990June 2022$312,505$528,675$4,610,501IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-3840398).

Questions about CURE INNOVATIONS LLC

What is the EIN of CURE INNOVATIONS LLC?
The employer identification number (EIN) of CURE INNOVATIONS LLC is 46-3840398.
Is CURE INNOVATIONS LLC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to CURE INNOVATIONS LLC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CURE INNOVATIONS LLC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CURE INNOVATIONS LLC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CURE INNOVATIONS LLC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CURE INNOVATIONS LLC?
The 990 for the year ended December 31, 2024 names STANLEY CHOY.
Who are the officers and directors of CURE INNOVATIONS LLC?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does CURE INNOVATIONS LLC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $226,991, expenses of $321,479 and total assets of $4,400,629 at year end.

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