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Catapult Chicago

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

EIN: 453592682 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is Catapult Chicago?

Catapult Chicago is a nonprofit organization situated in Chicago, Illinois. Their primary mission is to bolster Chicago's economic technology community by providing low-cost office spaces and collaborative workspaces. They aim to foster innovation within the city by making these resources accessible to professionals and startups. Although their activities were impacted by the economic slowdown caused by the COVID-19 pandemic in 2020, Catapult Chicago continues to operate with a small team of four individuals.


Official website here: www.catapultchicago.com

Is Catapult Chicago legitimate?

Catapult Chicago is a legitimate nonprofit organization registered as a 501(c)(6) entity. Catapult Chicago 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,083

For more financial information, click here


Official website here: www.catapultchicago.com

What is the mission statement of Catapult Chicago?

Catapult Chicago's mission is centered around supporting and developing the economic technology community. They achieve this by providing accessible, low-cost office space and collaborative workspaces to professionals, aiming to foster innovation within the city. By making such resources available, Catapult Chicago aims to promote and support innovation, contributing to the city's technological growth. The organization's operations will conclude in 2020.


Official website here: www.catapultchicago.com

Who is the CEO of Catapult Chicago?

Josh Berman is the President of Catapult Chicago.


Official website here: www.catapultchicago.com

What is the revenue of Catapult Chicago?

Catapult Chicago's revenue in 2020 was $367,822.


Official website here: www.catapultchicago.com

Who are the executives of Catapult Chicago and what are their salaries?

The average compensation at Catapult Chicago during 2020 was $26,271. There are 4 employees at Catapult Chicago.


Here are 4 key members and their salaries:


Ryan Leavitt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Cody (Traesurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
April Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Conmy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.catapultchicago.com

Where can I find the form 990 for Catapult Chicago?

Catapult Chicago's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.catapultchicago.com

Learn more at the official website: www.catapultchicago.com

Mission Statement of Catapult Chicago

Catapult Chicago, in its final year of operation in 2020, is committed to supporting and developing the economic technology community in Chicago. The organization achieves this by providing accessible and affordable office space, collaborative workspaces, and professional resources to promote innovation within the city. Catapult Chicago's mission is to foster an environment where technology start-ups can thrive and contribute to the city's economic growth. The organization's low-cost office spaces and supportive network of professionals contribute to the nurturing and development of innovative ideas, providing a platform for these start-ups to grow and make their mark in the technology sector.

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Impact




October, 2024

Catapult Chicago made a significant impact on the technology startup landscape in the city by providing low-cost office space and collaborative environments. By creating accessible workspaces, it fostered innovation and supported the growth of emerging technology businesses. Although its operations faced challenges in 2020 due to the economic slowdown caused by the COVID-19 pandemic, its mission to bolster the local economic technology community left a lasting impression. The initiative helped nurture countless entrepreneurs and startups, contributing to Chicago’s reputation as a vibrant tech hub and advancing the region's overall economic development. The availability of affordable resources facilitated networking and collaboration, essential for any thriving startup ecosystem.




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


Financials

This financial information is from Propublica.

Revenue
$367,822 (2020)
Expenses
$403,696 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $261,202
  • Gross Receipts: $367,822

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $283,526
  • Net Assets: -$283,526

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Programs

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

PROGRAM REVENUE

Revenue

$261,202

Organization Details

Founding Year

2012

Principal Officer

Josh Berman

Main Address

1212 222 W MERCHANDISE MART PLAZA, CHICAGO, IL, 60654

NTEE Category

Code: A23 - Arts

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