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Catalyst Community Capital Inc

EIN 83-2202198 · Tampa, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak8 out of 100GovernanceGood88 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • It reported loans to or from officers, directors or other insiders.
  • It owes more than it owns.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

CATALYST SUPPORTS ECONOMIC GROWTH AND REVITALIZES LOW-INCOME COMMUNITIES BY INCREASING THE FLOW OF CAPITAL TO SMALL BUSINESSES AND MISSION-DRIVEN DEVELOPERS AND ORGANIZATIONS.

Income
$195,564
Spending
$249,065
Spent on programs
64%
Reserves
-23.6 months of spending
Largest source of income
fees for its services, 62%
Employees
3
Volunteers
5
Highest pay
$31,314, coo / chairman

Source: Form 990 for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 8 out of 100. Higher than 2% of charities in its peer group (community improvement, under $250k).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    0 of 20

    It owes 810% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 27% of income.

  • Income trend

    0 of 15

    Income fell 76% on the year before.

  • Spending floor

    8 of 15

    64% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 88 out of 100. Higher than 78% of charities in its peer group (community improvement, under $250k).

  • Independent board

    25 of 25

    5 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • No reported misuse

    0 of 10

    Reports at least one of: diversion of assets, excess benefits, loans to insiders.

Source: Form 990 for the year ending December 31, 2023, 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)
  1. $139,669 spent. LENDING: CATALYST PROVIDES REAL ESTATE ACQUISITION & CONSTRUCTION LOANS, SMALL BUSINESS AND MICROENTERPRISE LOANS, WORKING CAPITAL, TERM LOANS, AND BRIDGE LOANS TO ENSURE ITS BORROWERS HAVE THE RESOURCES NEEDED TO GROW THEIR BUSINESSES TO SUPPORT JOB CREATION / RETENTION AND INCREASED WAGES FOR RESIDENTS, EXPAND THE AVAILABILITY OF AFFORDABLE HOUSING, AND CREATE MUCH NEEDED COMMUNITY FACILITIES TO SERVE LOW-INCOME HOUSEHOLDS.
  2. $18,854 spent. MICROENTERPRISE LOANS: CATALYST PARTNERS WITH LOCAL GOVERNMENT AGENCIES AND MUNICIPALITIES TO CREATE, DEVELOP, AND MANAGE VARIOUS FUNDING AND TECHNICAL ASSISTANCE PROGRAMS TO ADVANCE COMMUNITY AND ECONOMIC DEVELOPMENT GOALS. CATALYSTS PROACTIVELY EDUCATES THESE ENTITIES ON THE NEEDS OF ITS COMMUNITIES AND THE FINANCIAL RESOURCES AVAILABLE TO THEM TO FULFILL THESE NEEDS. IN CONJUNCTION WITH AGENCY STAFF MEMBERS AND ELECTED OFFICIALS, CATALYST CREATES SUSTAINABLE LOAN PROGRAMS THAT EFFICIENTLY DELIVER FUNDING WHILE SIMULTANEOUSLY ENSURING SUSTAINABILITY OF THE PROGRAM TO MAXIMIZE ITS IMPACT.
  3. TECHNICAL ASSISTANCE AND MINORITY TRAINING: CATALYST'S TECHNICAL ASSISTANCE PLATFORM INCLUDES ITS MINORITY DEVELOPER MENTORSHIP & TRAINING PROGRAM ("MDMT"). THE PURPOSE OF MDMT IS TO EDUCATE MINORITY DEVELOPERS ON THE COMPREHENSIVE PROCESS OF REAL ESTATE DEVELOPMENT, INCLUDING SITE SELECTION, ZONING & PERMITTING, DESIGN, CONSTRUCTION MANAGEMENT AND FINANCIAL FORECASTING, HELPING TO BUILD CAPACITY FOR LOCAL MINORITY DEVELOPERS TO MEET THE NEED AND DEMAND FOR AFFORDABLE HOUSING IN THE TARGET MARKET. THE PROGRAM INCLUDES ONE-ON-ONE MEETINGS, BI-WEEKLY GROUP TRAININGS, AND NETWORKING EVENTS WITH LOCAL REAL ESTATE PROFESSIONALS. WHILE ALL MINORITY DEVELOPERS ARE WELCOME TO PARTICIPATE WHETHER OR NOT THEY ARE INTERESTED IN CATALYST'S FINANCING, MANY MDMT PARTICIPANTS DO BECOME BORROWERS FOR CATALYST'S AFFORDABLE HOUSING LOAN PROGRAM. ALONG WITH MDMT, CATALYST PROVIDES TECHNICAL ASSISTANCE THROUGH VARIOUS WORKSHOPS, INCLUDING AFFORDABLE HOUSING DEVELOPMENT COUNSELING SERVICES, THE SMALL BUSINESS SURVIVE & THRIVE SERIES, AND THE ECONOMIC DEVELOPMENT AND CAPACITY BUILDING WORKSHOP, WHICH ARE DISCUSSED IN MORE DETAIL IN THE DEVELOPMENT SERVICES SECTION BELOW.

Source: Form 990 for the year ending December 31, 2023, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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 October 13, 2026.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2023.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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 October 21, 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.