Catalyst Development Corporation
- Assets
- $409.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Savannah, GA
- Founding
- 12/2017
- Data as of
- 12/2023
- EIN
- 81-4930735
Organization Overview
Catalyst Development Corporation is located in Savannah, GA. The organization was established in 2017. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catalyst Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Catalyst Development Corporation generated $185.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $173.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
BUILD THE CAPACITY OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS TO PROVIDE RESPONSIBLE PRODUCTS AND SERVICES TO THE PEOPLE, COMMUNITIES, AND ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E James II Executive Di | 10 | $27,500 | |
Terry Enoch Chairman | 1 | $0 | |
Edna Jackson Director | 1 | $0 | |
Scott Center Director | 1 | $0 | |
Amari Adams Secretary | 1 | $0 | |
Kenneth J Rance Assoc. Exec | 10 | $27,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,705 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,172 |
| Total Revenue | $185,877 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,000 |
| Professional fees and other payments to independent contractors | $60,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,245 |
| Total expenses | $173,395 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $183,935 |
| Other assets | $0 |
| Total assets | $409,120 |
| Total liabilities | $148,771 |
| Net assets or fund balances | $260,349 |