Public Charity

CATALYST COMMUNITY PARTNERS

Based in MINNEAPOLIS, MN, CATALYST COMMUNITY PARTNERS operates as a Public Charity. The organization reported $285K in revenue, $437K in expenses, $1.7M in total assets for fiscal year 2024.

EIN: 261870077 MINNEAPOLIS, MN Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$285K
Total Expenses$437K
Total Assets$1.7M
Grant Records0
Filing Years2020–2024

Mission

CATALYST COMMUNITY PARTNERS (CATALYST) REVITALIZES DISTRESSED COMMERCIAL CORRIDORS BY DEVELOPING VACANT PROPERTIES AND CULTIVATING SUSTAINABLE BUSINESSES THAT ENHANCE LIVABILITY AND PROVIDE NEIGHBORHOOD JOBS. CATALYST BEGAN ITS NORTH MINNEAPOLIS REVITALIZATION WORK IN 2004 AND INCORPORATED AS A 501(C)(3) NONPROFIT ORGANIZATION IN JANUARY 2008. CATALYST FOCUSES ON COMMERCIAL PROPERTY REVITALIZATION, BUSINESS DEVELOPMENT AND COMMUNITY ENGAGEMENT.

Where $100 goes at Catalyst Community Partners

How Catalyst Community Partners divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$74 Programs the work itself
$26 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $74 for programs

$73
Commercial property revitalization since 2004, catalyst has completed 12 commercial projects in the west broadway area of north Minneapolis, more than any other organization
99% of program spending
$1
Business development catalyst's redevelopment efforts brought an estimated in excess of 250 jobs and more than 40 employers to north Minneapolis in the past eight years
1% of program spending · Reported in the filing: 250 jobs
<$1
Community engagement catalyst promotes a comprehensive approach to community development by facilitating a community development committee and collaborating with multiple agencies and partners
0% of program spending · Reported in the filing: 5,000 hours
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Jackie Knight
BOARD CHAIR Stuart Ackerberg
DIRECTOR Wade Anderson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $285K $437K $1.7M
2023 $181K $486K $2.0M
2022 $425K $646K $2.6M
2021 $1.1M $1.4M $3.1M
2020 $950K $784K $5.3M

Between 2020 and 2024, reported annual revenue declined from $950K to $285K (-70%), with total assets most recently reported at $1.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CATALYST COMMUNITY PARTNERS

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