2021-02-02T14:23:59-06:00 2020-06-30 363990892 Capin Crouse LLP 345 Massachusetts Avenue Suite 300 Indianapolis IN 46204 990 2019-07-01 582248383 Cure International Inc CURE 6165123105 17011 Hickory Street Spring Lake MI 49456 David Helman Chief Financial Officer 6165123105 2021-02-02 1 Ted R Batson Jr P00721951 3178852620 2019 2022-09-23 18:48:47Z Justin Narducci 17011 Hickory Street Spring Lake MI 49456 75841864 0 X www.cure.org X 1996 GA CURE hospitals provide specialty surgeries and spiritual care to under-served children and regions. 13 12 63 503 0 0 23157641 28157262 47039359 45620021 9992 167782 727882 756950 70934874 74702015 5086611 2020961 0 0 41275492 41844137 138750 324307 3172468 36423569 34502659 82924422 78692064 -11989548 -3990049 119086339 111231176 29821960 25095320 89264379 86135856 CURE operates a global network of children's hospitals that reflects and advances the Kingdom of God. CURE proclaims the gospel and heals the sick by providing excellent spiritual and surgical care to children with treatable conditions in under-served countries. 0 0 65616242 2020961 46387585 Establish hospitals and medical programs and also provide funding to construct and operate children's hospital in developing countries such as Kenya, Ethiopa, Malawi, Niger, Uganda, Zambia, United Arab Emirates, and the Philippines. 65616242 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 X 43 0 1 63 1 0 1 AE DR ET KE MI NG RP UG ZA 0 0 0 0 0 0 0 0 0 0 X 13 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV X X David Helman 6165123105 17011 Hickory Street Spring Lake MI 49456 Greg Bellig Chief Medical Officer (part year) 40.00 0.00 X 204542 0 42925 Brian Van Hall COO, Secretary (part year) 40.00 0.00 X 187635 0 9183 Peter Kyalo Chief of Programs & Services 40.00 0.00 X 154982 0 21120 James Layton Anesthesiologist 40.00 0.00 X 151356 0 14216 Brant Hansen Storyteller 40.00 0.00 X 128090 0 32314 Matt Mundt Senior Director, Marketing 40.00 0.00 X 116028 0 27005 David Helman Chief Financial Officer 40.00 5.00 X 107218 0 20303 Adey Abate Executive Director, Ethiopia 40.00 0.00 X 120398 0 12013 Steve Hitt Executive Director, Zambia 40.00 0.00 X 109682 0 11301 Roger Spoelman President & CEO (part year) 25.00 1.00 X X 50609 0 0 Jerry Tubergen Chairman 2.00 0.00 X X 0 0 0 Justin Narducci President & CEO 40.00 5.00 X X 0 0 0 Edward L Stillman Treasurer 1.00 0.00 X X 0 0 0 Chris Tomlin Director 1.00 0.00 X 0 0 0 Dennis R Schlosser Director 1.00 0.00 X 0 0 0 Dr Benjamin Warf Director 1.00 0.00 X 0 0 0 Joseph Stowell Director 1.00 0.00 X 0 0 0 Judy Bellig Director 1.00 0.00 X 0 0 0 Luke Niewenhuis Director 1.00 1.00 X 0 0 0 Marcia Lanoha Director 1.00 0.00 X 0 0 0 Marilyn Quayle Director 1.00 0.00 X 0 0 0 Mike Houskamp Director 1.00 1.00 X 0 0 0 Peter Schulze Director 1.00 0.00 X 0 0 0 Tom Carter Director (part year) 1.00 1.00 X 0 0 0 1330540 0 190380 9 0 1 0 Goldsmith Media Group 5016 Spedale Ct 195 Spring Hill TN 37174 Fundraising services 166646 Bird & Loechl Brittain & McCants 3414 Peachtree Rd Ste 1150 Atlanta GA 30326 Legal services 150150 2 1649000 3992880 921841 21593541 5071632 28157262 Patient Revenue 900099 45620021 45620021 45620021 39855 39855 843798 715871 127927 127927 127927 116000 1649000 423978 -307978 -307978 Amortization Income 900099 297364 297364 767564 767564 1064928 74702015 46387585 0 157168 2020961 2020961 957655 692183 148043 117429 31641406 26033535 4393399 1214472 967374 842730 88402 36242 7323183 6116893 815683 390607 954519 736092 100557 117870 226539 105382 121157 131184 24557 106627 324307 324307 2550388 2002296 422574 125518 401030 214914 5292 180824 831202 211090 492634 127478 698479 402242 217232 79005 1591867 1383584 206688 1595 1496625 810101 248576 437948 137975 92711 31066 14198 430474 430474 13770357 12236641 1533716 545897 481043 64854 Hospital supplies 7970148 7970148 Repairs/maintenance 2687713 2279331 408292 90 Bad debt expense 321331 294617 26714 711450 665191 41374 4885 78692064 65616242 9903354 3172468 3166190 6641142 3913931 5725341 2639433 2810070 15400441 11032892 2233683 2922092 1487363 1149875 133258721 76188381 65958473 57070340 5928 5903 24280897 23873521 119086339 111231176 12826075 11601406 6343921 6053611 6188603 4130147 216699 4463361 3093457 29821960 25095320 X 61021198 58673429 28243181 27462427 89264379 86135856 119086339 111231176 X -3990049 861526 X 0 1 X 1 0 X 23035192 21717296 21722765 23157641 28157262 117790156 23035192 21717296 21722765 23157641 28157262 117790156 22682341 95107815 3274 34122 40806 49970 39855 168027 1501224 1849247 1563318 1282694 1180928 7377411 125335594 208711708 0.75880 0.75150 X Schedule A, Part II, Line 10, Explanation of Other Income: Other income - 2015 Amount: $ 1,175,664. 2016 Amount: $ 1,532,269. 2017 Amount: $ 966,183. 2018 Amount: $ 639,431. 2019 Amount: $ 767,564. Fundraising events - 2015 Amount: $ 325,560. 2016 Amount: $ 316,978. 2017 Amount: $ 299,835. 2018 Amount: $ 345,963. 2019 Amount: $ 116,000. Amortization income - 2017 Amount: $ 297,300. 2018 Amount: $ 297,300. 2019 Amount: $ 297,364. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 444200 444200 79545311 25145868 54399443 53063165 51042513 2020652 206045 206045 57070340 Unconditional promise to give - assets 23725443 Assets held for sale 140985 Other current assets 7093 23873521 Severance Payable 3093457 3093457 1 Middle East and North Africa 1 587 Program Services Hospital Operations 48558666 Sub-Saharan Africa 6 763 Program Services Hospital Operations 13322666 Sub-Saharan Africa 0 0 Grants to recipients located in region 1400030 East Asia and the Pacific 1 72 Program Services Hospital Operations 1501566 East Asia and the Pacific 0 0 Grants to recipients located in region 620931 Central America and the Caribbean 1 2 Program Services Hospital Operations/Clinics 212383 9 1424 0 0 9 1424 65616242 0 65616242 East Asia and the Pacific Ministry support 620931 Wire/check Sub-Saharan Africa Ministry support 606510 Wire/check Sub-Saharan Africa Ministry support 793520 Wire/check 3 0 0 0 0 0 0 1 Part I, Line 2: The organization directs the activities of all the grantees that receive funds. CURE receives monthly financial and statistical information from each grantee with supporting documentation that ensures the activities and spending are in accordance with the grant goals and objectives. Additionally, this information includes a comparison of actual to budgeted report that is monitored and inquiries are made when expenditures are made outside of the prescribed budget. Part I, line 3: Expenditures are accounted for using the accrual basis of accounting. Part III Accounting Method: X X X X X X X 1 Velocity Productions PO Box 1169 Cumming GA 64113 Audio-visual service 0 1765000 37500 1727500 Vidare Creative 5016 Spedale Ct Spring Hill TN 30028 Radio campaign 0 935596 24000 911596 Masterworks 19462 Powder Hill Poulsbo WA 98370 E-Digital media campaign 0 0 46500 -46500 Goldsmith Media Group 5016 Spedale Ct Spring Hill TN 37174 Consulting 0 0 123020 -123020 Randy Manery 7119 Massey Rd Waxhaw NC 28173 Consulting 0 0 34850 -34850 Derek Johnson 10169 Bessemer Ln Fairfax VA 22032 Consulting 0 0 26600 -26600 Money for Ministry PO Box 35 Lowell MI 49331 Mailings 0 0 31837 -31837 2700596 324307 2376289 AK AL AR CA CT CO FL GA HI IL KS KY MA MD ME MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV President's Weekend 1765000 1649000 116000 145556 145106 13500 119816 1765000 1649000 116000 145556 145106 13500 119816 423978 -307978 Schedule G, Part I, Line 2b, column (iv): The professional fundraising services for the following were consulting in nature, no gross receipts were directly generated from the services provided. Masterworks Goldsmith Media Group Randy Manery Derek Johnson Money for Ministry X X X X 0 0 0 0 0 0 0 0 0 Greg Bellig Chief Medical Officer (part year) 204542 0 0 0 0 0 10294 0 34371 0 249207 0 0 0 Brian Van Hall COO, Secretary (part year) 187635 0 0 0 0 0 9183 0 1740 0 198558 0 0 0 Peter Kyalo Chief of Programs & Services 95458 0 0 0 59524 0 6120 0 15000 0 176102 0 0 0 James Layton Anesthesiologist 59889 0 0 0 91467 0 2790 0 12014 0 166160 0 0 0 Brant Hansen Storyteller 128090 0 0 0 0 0 6668 0 27386 0 162144 0 0 0 Greg Bellig Family member of Judy Bellig, Director 134912 Compensation and benefits 0 X 8 715871 Selling price X 27 362881 Cost X IA assets 1 3992880 Book value 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 2 Judy Bellig, Director and Greg Bellig, Chief Medical Officer have a family relationship. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Each director, principal officer, member, and key employee shall annually sign a statement which affirms that such person: (a) has received a copy of the conflict of interest policy; (b) has read and understands the policy; (c) has agreed to comply with this policy, and (d) understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. The Chief Financial Officer is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the individual would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 An industry compensation survey is utilized to determine the compensation of the organization's officers and key employees. Compensation is approved by independent board members during the budget approval process and is documented in the board minutes. Form 990, Part VI, Section C, line 19 The organization's financial statements are available to the public on the organization's web site. The governing documents and conflict of interest policy are made available upon request. Form 990, Part XI, line 9: Loss on foreign currency exchange -406,364. Gain on valuation 1,267,890. Beit Cure Hospital of Zambia PO Box 36961 Lusaka ZA Hospital ZA 501(c)(3) Line 7 Cure International Inc 1 Tebow Cure Hospital Banawe St Cor JP Laurel Brgy W A City RP Hospital RP 501(c)(3) Line 7 Cure International Inc 1 International Aid 17011 Hickory St Spring Lake MI 49456 382323550 Providing medical and health resources to global partners MI 501(c)(3) Line 7 Cure International Inc 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 Beit Cure Hospital of Zambia B 606510 Book value Tebow Cure Hospital B 620931 Book value International Aid C 3992880 Book value International Aid N 0 International Aid O 204000 Book value International Aid P 0