Catalyst Community Partners
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $284,765
- Spending
- $437,467
- Spent on programs
- 76%
- Reserves
- -35 months of spending
- Largest source of income
- fees for its services, 67%
- Employees
- 0
- Volunteers
- 10
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 32 out of 100. Higher than 6% of charities in its peer group (community improvement, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 85% of what it owns.
Living within its means
0 of 15Spending exceeded income by 54% of income.
Income trend
15 of 15Income rose 58% on the year before.
Spending floor
15 of 1576% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 47% of charities in its peer group (community improvement, $250k to $1m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $326,780 spent. 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 YEARS 2008-2021, 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 OWNED AND MANAGED THREE COMMERCIAL PROPERTIES, REPRESENTING NEARLY 42,000 SQUARE FEET AND 9 TENANTS IN THE WEST BROADWAY AREA. DURING THE YEAR ENDED DECEMBER 31, 2021, CATALYST SOLD THE UNITY AND 1200 WEST BROADWAY BUILDINGS. CATALYST ALSO ASSISTS EXISTING PROPERTY OWNERS AND THIRD PARTY DEVELOPERS IN COMPLETING THEIR PROJECTS WITH HIGH-QUALITY COMMUNITY STANDARDS. 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 YEARS 2008-2021, 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 OWNED AND MANAGED THREE COMMERCIAL PROPERTIES, REPRESENTING NEARLY 42,000 SQUARE FEET AND 9 TENANTS IN THE WEST BROADWAY AREA. DURING THE YEAR ENDED DECEMBER 31, 2021, CATALYST SOLD THE UNITY AND 1200 WEST BROADWAY BUILDINGS. CATALYST ALSO ASSISTS EXISTING PROPERTY OWNERS AND THIRD PARTY DEVELOPERS IN COMPLETING THEIR PROJECTS WITH HIGH-QUALITY COMMUNITY STANDARDS.
- $2,746 spent. 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.
- $1,636 spent. 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2009.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Community Partners (Los Angeles, CA), EIN 95-4302067. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.