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Catalyst Miami Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 650690368 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Catalyst Miami Inc?

Catalyst Miami Inc is a nonprofit organization situated in Miami, Florida, with a focus on empowering frontline communities. Their mission is to foster justice and shared prosperity by building power with these communities. They offer a range of programs to support their mission, including financial coaching, navigating health insurance and income support, providing free tax preparation services, and offering financial products. Their activities extend beyond individuals, also encompassing community-wide wealth-building programs such as a universal savings program for young children and support for small businesses and worker cooperatives. They have a team of 34 dedicated employees.


Official website here: www.catalystmiami.org

Is Catalyst Miami Inc legitimate?

Catalyst Miami Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst Miami Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $456,511
Professional Fundraising Fees: $20,445
Other Salaries and Wages: $1,660,905

For more financial information, click here


Official website here: www.catalystmiami.org

What is the mission statement of Catalyst Miami Inc?

Catalyst Miami Inc's mission is centered around empowering frontline communities in Miami-Dade County to advance justice and achieve shared prosperity. The organization strives to build power within these communities by providing various resources. This includes navigating health insurance and income support, offering financial coaching and financial products, and offering free tax preparation. These initiatives aim to support economic mobility for community members. Additionally, Catalyst Miami Inc supports universal savings programs for young children and provides training, assistance, and resources for small businesses and worker cooperatives, contributing to community-wide wealth-building efforts.


Official website here: www.catalystmiami.org

Who is the CEO of Catalyst Miami Inc?

Zelalem Adefris is the Ceo of Catalyst Miami Inc. The CEO's salary of Catalyst Miami Inc is $0 and their total compensation is $0.


Official website here: www.catalystmiami.org

What is the revenue of Catalyst Miami Inc?

Catalyst Miami Inc's revenue in 2022 was $4,589,099.


Official website here: www.catalystmiami.org

Who are the executives of Catalyst Miami Inc and what are their salaries?

The average compensation at Catalyst Miami Inc during 2022 was $62,277. There are 34 employees and 11 volunteers at Catalyst Miami Inc.

Here are 25 key members and their salaries (Catalyst Miami Inc's CEO's salary is $0 and their total compensation is $0):

    Gretchen Beesing (Ceo)
  • Compensation: $171,791
  • Related: $0
  • Other: $18,968

    • Brian Larson (Cfo)
  • Compensation: $121,010
  • Related: $0
  • Other: $16,335

    • Nina Thompkins (Coo)
  • Compensation: $112,498
  • Related: $0
  • Other: $15,909

    • Aileen Alon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles M Auslander (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Francois Cham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joaquin Dulitzky (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Garman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abel Montero Gomez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Hapner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beretha Howard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • D Marcus Braswell Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Katz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nyame Nti Nsibiennakou-Fawohodie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Iya Overstreet (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Pierre (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Tramel Stabile (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina Ciraldo Stabile (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Korene Stuart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marjorie York (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zelalem Adefris (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Clare Casey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Damian D Daley Esq (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Kaye (Treasurer 1/)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charmel Maynard (Treasurer 6/)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.catalystmiami.org

    Where can I find the form 990 for Catalyst Miami Inc?

    The Catalyst Miami Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.catalystmiami.org

    Learn more at the official website: www.catalystmiami.org

    Mission Statement of Catalyst Miami Inc

    Catalyst Miami Inc, a mission-driven organization, sets out to empower frontline communities in Miami-Dade County, striving to advance justice and achieve shared prosperity. The organization's primary goal is to build power with these communities, working together to bring about positive change.

    To achieve this mission, Catalyst Miami Inc focuses on several key areas. One of these is economic mobility, providing support for members of frontline communities through health insurance and income navigation, financial coaching, and financial products. Additionally, they offer free tax preparation services, all aimed at helping individuals and families improve their financial situation.

    Beyond individual support, Catalyst Miami Inc also champions community-wide wealth-building programs. This includes a universal savings program for young children, as well as assistance, training, and technical support for small businesses and worker cooperatives. By fostering these initiatives, the organization aims to create opportunities for sustainable growth and prosperity within the community.

    Impact

    This information is meant to be a general summary of Catalyst Miami Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Catalyst Miami Inc's impact can be seen in the strides it makes towards building power with frontline communities throughout Miami-Dade County. By advancing justice and achieving shared prosperity, the organization's prosperity campaign and wealth-building programs have a direct impact on economic mobility for members of these communities. Through initiatives such as health insurance and income support navigation, financial coaching and products, and free tax preparation services, Catalyst Miami Inc is working to uplift and empower individuals in frontline communities towards a more financially stable future. Additionally, their community-wide wealth-building programs, including a universal savings program for young children and support for small businesses and worker cooperatives, contribute to the overall economic growth and well-being of the region. In essence, Catalyst Miami Inc's efforts are geared towards creating a more just and prosperous society for all in Miami-Dade County.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $57,196
  • Program Service Revenue: $67,064
  • Gross Receipts: $4,589,099

    • Assets and Liabilities:
  • Total Assets: $6,534,980
  • Total Liabilities: $135,405
  • Net Assets: $6,399,575
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER CONTRACTS

    Revenue

    $45,766

    PROGRAM INCOME

    Revenue

    $21,298

    Organization Details

    Founding Year

    1996

    Principal Officer

    Zelalem Adefris

    Main Address

    PO BOX 381949, MIAMI, FL, 33238

    NTEE Category

    Code: S21 - Community improvement

    If you are a representative of Catalyst Miami Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.