The Westwood Community Urban Redevelopment Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Westwood Community Urban Redevelopment Corporation is a non-profit community corporation located in the diverse, historic, and largest neighborhood of Cincinnati. Through property acquisition and redevelopment, and the facilitation of development activities, WestCURC will contribute to the revitalization of Westwood, leading to stabilization and reinvestment, increasing the value of Westwood properties, and making Westwood an attractive destination and a thriving community.
- Income
- $80,606
- Spending
- $115,889
- Spent on programs
- 96%
- Reserves
- 1.4 months of spending
- Largest source of income
- government grants, 86%
- Employees
- 0
- Volunteers
- 15
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 35 out of 100.
Reserves
10 of 35Spendable reserves would cover 1.4 months of spending.
Debt
5 of 20It owes 71% of what it owns.
Living within its means
0 of 15Spending exceeded income by 44% of income.
Income trend
5 of 15Income fell 12% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100.
Independent board
25 of 2513 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2,400 spent. Parking Lots - Continued costs and expenses related to maintenance and improvements to one of two parking lots for fundraising purposes. $2,400 was expended for utilities, maintenance and improvements to the parking lot.
- $67,868 spent. Cincinnati Urban Promise - The Westwood Community Urban Redevelopment Corporation incurred expenses in the amount of $67,868 to fund soft costs associated with improvements to the Cincinnati Urban Promise Academy.
- $22,512 spent. Former Bolton and Lunsford Funeral Home - Holding costs and upkeep of the property until plans for future development are finalized and approved by the City of Cincinnati and new owners take possession.
- $18,000 spent. Kaiker Development: The Westwood Community Urban Redevelopment Corporation incurred expenses in the amount of $18,000 to fund soft costs to advance conceptual civil engineering design of Kaiker Development and Construction's (Kaiker D+C) redevelopment of 2280 Harrison Avenue, to bring 14 affordable housing dwelling units to the 2-acre site in Westwood, as a prerequisite for city zoning approval.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1978.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.