Catalyst Community Partners
Catalyst Community Partners
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About this organization
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.
About
COMMERCIAL PROPERTY REVITALIZATION SINCE 2004, CATALYST HAS COMPLETED 12 COMMERCIAL PROJECTS IN THE WEST BROADWAY AREA OF NORTH MINNEAPOLIS, MORE THAN ANY OTHER ORGANIZATION. CATALYST BRINGS BLIGHTED, OFTEN HISTORIC PROPERTIES BACK INTO SERVICE AND CREATES JOBS FOR LOCAL AND MINORITY CONSTRUCTION WORKERS. IN THE PAST SEVEN YEARS, CATALYST PROJECTS HAVE ACHIEVED 45 TO 54 PERCENT MINORITY PARTICIPATION, TRIPLE THE STANDARD RATE FOR COMMERCIAL PROJECTS. CATALYST SETS HIGH STANDARDS OF EXCELLENCE, INCORPORATING PUBLIC ART, SAFETY IMPROVEMENTS, ARCHITECTURALLY DESIGNED FACADES AND QUALITY MATERIALS INTO EVERY PROJECT. ITS PROJECTS HAVE RECEIVED EIGHT AWARDS OF EXCELLENCE INCLUDING "2011 NAIOP AWARD OF EXCELLENCE FOR MIXED-USE", PRESENTED IN 2012. CATALYST CURRENTLY OWNS AND MANAGES THREE COMMERCIAL PROPERTIES, REPRESENTING NEARLY 42,000 SQUARE FEET AND 15 TENANTS IN THE WEST BROADWAY AREA. CATALYST ALSO ASSISTS EXISTING PROPERTY OWNERS AND THIRD PARTY DEVELOPERS IN COMPLETING THEIR PROJECTS WITH HIGH-QUALITY COMMUNITY STANDARDS.
Interesting data from their 2019 990 filing
The purpose of the non-profit is listed in the filing as “Catalyst community partners (catalyst) revitalies 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.”.
When discussing its operations, they were characterized as: “Catalyst community partners is a community developer that revitalies distressed commercial corridors by developing vacant properties and cultivating sustainable businesses that enhance livability and provide neighborhood jobs”.
- The non-profit's legally reported state of operation is MN.
- The filing states that the non-profit's address in the year 2019 is 3033 EXCELSIOR BOULEVARD NO 10, MINNEAPOLIS, MN, 55416.
- The form submitted by the non-profit for 2019 shows a total of 0 employees.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $198,912.
- The CEO's remuneration policy within the organization is not determined through a review and approval process by a neutral source.
- The organization has a written policy that delegates the management duties.
- The organization has 4 independent voting members.
- The organization was formed in 2008.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has a business related organization transaction.
- The organization's financial statements were reviewed by an accountant.
Additional Non-Profits in the area
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