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Resilient Cities Catalyst Inc

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

EIN: 842340905 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Resilient Cities Catalyst Inc?

Resilient Cities Catalyst Inc is a non-profit organization established in 2019, with a base in Brooklyn, New York. The primary mission of this organization is to aid cities in recovering and thriving amid sudden shocks and chronic stresses. Leveraging its extensive experience collaborating with innovative cities worldwide, Resilient Cities Catalyst bridges the gap between resources and powers available to address resilience and equity needs. Their work involves helping cities develop the capacities and partnerships necessary to understand, prioritize, and concretely address their risks and chronic stresses as they pursue their strategic goals or recover from a crisis. In light of the continuous impact of COVID, climate shocks, and the urgent need to address inequality, an inclusive and innovative approach has become essential to better understand our risks and to leverage opportunities to create the greatest benefit for our communities. With the significant and sustained attention on these challenges globally, Resilient Cities Catalyst is poised to deliver impact, as commitments made at COP26, COVID recovery funding, and the recent bipartisan infrastructure bill present a generation-defining opportunity to make a meaningful difference in our communities.


Official website here: www.rcc.city

What are the reviews and ratings of this charity?

Charity Navigator Rating 97% - Four-Star out of Four Star rating

Resilient Cities Catalyst Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization scored exceptionally well in various aspects, notably with a perfect score for the majority of its independent board members and financial oversight measures, indicating a robust governance structure.

The financial performance metrics are equally commendable, with a program expense ratio of 74.65%, which demonstrates that a significant portion of their funds is directed towards their mission. Additionally, the fundraising efficiency ratio indicates a low cost of fundraising, showing that the organization maximizes its resources effectively.

While the data highlights many strengths, it is important to acknowledge that the rating is based solely on accountability and finance metrics. Further information on program effectiveness and impact could provide a more comprehensive view of the organization's overall performance. Nonetheless, the current financial standing presents a positive outlook for Resilient Cities Catalyst Inc.


This AI summary has been generated from information found on Charity Navigator.

Is Resilient Cities Catalyst Inc legitimate?

Resilient Cities Catalyst Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resilient Cities Catalyst 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,140,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $438,100

For more financial information, click here


Official website here: www.rcc.city

What is the mission statement of Resilient Cities Catalyst Inc?

Resilient Cities Catalyst Inc, founded in 2019 by members of the 100 Resilient Cities leadership team, aims to catalyze change and help cities solve their most pressing challenges. Its mission is to assist cities in recovering and thriving in the face of both sudden shocks and chronic stresses. By leveraging its extensive experience working with innovative cities worldwide, Resilient Cities Catalyst helps communities bridge the gap between their resources and the powers they have at their disposal to address their resilience and equity needs. In response to current global challenges like the COVID-19 pandemic, climate shocks, and the urgent need to address inequality, Resilient Cities Catalyst focuses on an inclusive and innovative approach to better understand risks and to leverage opportunities, creating the greatest benefit for our communities. The significant and sustained attention on these challenges globally through commitments made at COP26, COVID recovery funding, and the recent bipartisan infrastructure bill presents a generational opportunity for Resilient Cities Catalyst to deliver impact.


Official website here: www.rcc.city

Who is the CEO of Resilient Cities Catalyst Inc?

Garima Prasai is the Managing Director, Treasurer of Resilient Cities Catalyst Inc.


Official website here: www.rcc.city

What is the revenue of Resilient Cities Catalyst Inc?

Resilient Cities Catalyst Inc's revenue in 2022 was $7,057,886.


Official website here: www.rcc.city

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

There 5 volunteers at Resilient Cities Catalyst Inc.


Here are 14 key members and their salaries:


Andrew Salkin (Managing Director, Treasurer)
  • Compensation: $225,414
  • Related: $0
  • Other: $3,643
Judith Rodin (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Bostick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henk Ovink (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helene Gayle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Martin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinne Letourneau (Managing Director)
  • Compensation: $175,180
  • Related: $0
  • Other: $5,255
Garima Prasai (Director, Strategy & Operations)
  • Compensation: $135,926
  • Related: $0
  • Other: $30,060
Jeb Brugmann (Managing Director)
  • Compensation: $38,589
  • Related: $0
  • Other: $1,180
Michael Berkowitz (Managing Director)
  • Compensation: $214,000
  • Related: $0
  • Other: $31,835
Paul Nelson (Managing Director)
  • Compensation: $225,270
  • Related: $0
  • Other: $5,258
Samuel Carter (Managing Director)
  • Compensation: $167,273
  • Related: $0
  • Other: $25,780
Amenee Saihpush (Director, Impact & Program)
  • Compensation: $101,377
  • Related: $0
  • Other: $18,730
Anna Friedman (Director, Policy & Program)
  • Compensation: $119,462
  • Related: $0
  • Other: $17,122


Official website here: www.rcc.city

Where can I find the form 990 for Resilient Cities Catalyst Inc?

Resilient Cities Catalyst Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rcc.city

Learn more at the official website: www.rcc.city

Mission Statement of Resilient Cities Catalyst Inc

Resilient Cities Catalyst Inc, a nonprofit established in 2019 by members of the 100 Resilient Cities leadership team, is on a mission to catalyze change and assist cities in addressing their most pressing challenges. Building on the pioneering legacy of the 100 Resilient Cities, this organization partners with a community of urban resilience actors to help cities build the capacities and partnerships needed to understand, prioritize, and concretely address their risks and chronic stresses as they pursue their strategic goals or recover from a crisis.

In the face of ongoing challenges such as the COVID-19 pandemic, climate shocks, and the urgent need to address inequality, an inclusive and innovative approach is essential to better understanding our risks and to leveraging opportunities to create the greatest benefit for our communities. The continued impact of these challenges globally, as demonstrated by commitments made at COP26, COVID recovery funding, or the recent bipartisan infrastructure bill, presents a generational opportunity for Resilient Cities Catalyst Inc to deliver impact.

Resilient Cities Catalyst Inc's mission, in essence, is to help cities recover and grow in the face of sudden shocks and chronic stresses by leveraging its extensive experience working with the world's most innovative cities to help communities bridge the gap between the resources and powers at their disposal to address their resilience and equity needs. By doing so, the organization aims to empower cities to build a more sustainable, resilient, and equitable future.

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Impact




June, 2024

Resilient Cities Catalyst Inc effectively helps cities recover and grow in the face of sudden shocks and chronic stresses by leveraging its extensive experience working with the world's most innovative cities. Their approach bridges the gap between available resources and powers to address resilience and equity needs in communities. Their impact is evident in catalyzing change and assisting cities in solving their most pressing challenges, ultimately contributing to building more resilient and sustainable urban environments.




This information is meant to be a general summary of Resilient Cities Catalyst Inc. 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
$7,057,886 (2022)
Expenses
$2,863,682 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,798
  • Program Service Revenue: $847,884
  • Gross Receipts: $7,057,886

Assets and Liabilities:

  • Total Assets: $4,789,155
  • Total Liabilities: $363,298
  • Net Assets: $4,425,857

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Programs

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

ADVISORY SERVICES

Revenue

$847,884

Organization Details

Founding Year

2019

Principal Officer

Garima Prasai

Main Address

429 CLINTON AVENUE UNIT 50, BROOKLYN, NY, 11238

NTEE Category

Code: C32 - Environment

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