NonprofitsCatalyst Community Partners

Community Improvement & Capacity Building

Catalyst Community Partners

MINNEAPOLIS, MN

Total revenue

$285K

Total expenses

$437K

Net assets

$268K

Grants received

EIN

261870077

Tax year

2024

Mission

Catalyst community partners is a community developer that revitalizes distressed commercial corridors by developing vacant properties and cultivating sustainable businesses that enhance livability and provide neighborhood jobs.

Programs

2 programs

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. Catalyst's kindred kitchen food incubator program supports local food entrepreneurs in launching and growing their small businesses. Catalyst actively recruits successful retail and services businesses to the west broadway corridor, expanding low-skilled jobs ideally suited for north minneapolis' under-employed residents working closely with the local business association and small business support organizations, catalyst also assists existing owners in improving their businesses through property renovation expertise and catalyst's loan fund.

Expenses: $3K

Community engagement catalyst promotes a comprehensive approach to community development by facilitating a community development committee and collaborating with multiple agencies and partners. Catalyst supports area- wide priorities including post-tornado recovery and transit-oriented development through its "better together" program, over 5,000 volunteer hours have contributed toward community beautification and enhancement projects.

Expenses: $2K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$191K
Investment income
Other revenue$94K
Total revenue$285K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$437K
Total expenses$437K
Total assets$1.7M
Net assets$268K

People

3 listed

NameRoleCompensation

STUART ACKERBERG

BOARD CHAIR

Board

2 hrs/wk

WADE ANDERSON

DIRECTOR

Board

2 hrs/wk

JACKIE KNIGHT

SECRETARY

Board

2 hrs/wk

Details

EIN261870077
NTEE codeS30
Subsection03
Ruling date2009-01
Formed2008
Employees0
Volunteers10
CATALYST COMMUNITY PARTNERS — Mission, Financials & Grants Received | Grantivo