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Catalyst For Change Inc

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

EIN: 843428678 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is Catalyst For Change Inc?

Catalyst For Change Inc, based in Madison, Wisconsin, is a dedicated nonprofit organization. Their primary mission is to enhance the lives of the most vulnerable members of society by providing high-quality, compassionate services. They have a contract with Dane County's Comprehensive Community Services program, aiming to minimize the impact of individuals' mental health and substance use disorders. Their services include physical health monitoring, skill development, employment training, psych education, wellness management, and recovery support. Through these offerings, Catalyst For Change Inc offers vital wrap-around services that contribute to a person's long-term success. As of the provided information, they assisted 49 individuals, with 18 of them finding housing. The organization employs 17 individuals, dedicated to their mission.


Official website here: www.catalystforchangeinc.org

Is Catalyst For Change Inc legitimate?

Catalyst For Change Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catalyst For Change 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: $306,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $357,875

For more financial information, click here


Official website here: www.catalystforchangeinc.org

What is the mission statement of Catalyst For Change Inc?

Catalyst For Change Inc's mission is centered around impacting the community by offering quality, compassionate services that uplift and prioritize the most vulnerable members of society. Their mission is to reduce the effects of mental health and substance use disorders, restore individuals to their highest level of functioning, and facilitate their recovery and resilience. This is achieved through services such as physical health monitoring, individual skill development and enhancement, employment-related skill training, psychotherapy, family education, and wellness management, along with recovery support services. By providing a range of wrap-around services, Catalyst For Change Inc contributes significantly to an individual's long-term success.


Official website here: www.catalystforchangeinc.org

Who is the CEO of Catalyst For Change Inc?

Michael Moody is the Hr & Finance Officer/Sec/Treasurer of Catalyst For Change Inc. The CEO's salary of Catalyst For Change Inc is $144,091 and their total compensation is $153,367.


Official website here: www.catalystforchangeinc.org

What is the revenue of Catalyst For Change Inc?

Catalyst For Change Inc's revenue in 2022 was $1,146,378.


Official website here: www.catalystforchangeinc.org

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

The average compensation at Catalyst For Change Inc during 2022 was $39,070. There are 17 employees and 3 volunteers at Catalyst For Change Inc.


Here are 6 key members and their salaries (Catalyst For Change Inc's CEO's salary is $144,091 and their total compensation is $153,367):


Kimberly Tesch (Hr & Finance Officer/Sec/Treasurer)
  • Compensation: $6,413
  • Related: $0
  • Other: $4,944
Matthew Julian (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Girard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nici Hawkins (Board Member (Thru February))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Moody (Ceo)
  • Compensation: $144,091
  • Related: $0
  • Other: $9,276
John Adams (President)
  • Compensation: $135,905
  • Related: $0
  • Other: $5,684


Official website here: www.catalystforchangeinc.org

Where can I find the form 990 for Catalyst For Change Inc?

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


Official website here: www.catalystforchangeinc.org

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

Mission Statement of Catalyst For Change Inc

Catalyst for Change Inc, a nonprofit organization, is committed to impacting the community by offering quality, compassionate services that uplift and prioritize the most vulnerable members of society. Their mission is to provide services that reduce the effects of mental health and substance use disorders and restore individuals to their highest possible level of functioning. This is achieved through various means, including physical health monitoring, skill development and enhancement, employment-related training, psychoeducation, wellness management, and recovery support services. By offering an array of wrap-around services, Catalyst for Change Inc plays a crucial role in supporting individuals on their journey towards long-term success, with 49 people benefiting from their services, and 18 of them successfully finding housing.

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Impact




July, 2024

Catalyst For Change Inc's impact can be seen through its comprehensive community services program in partnership with Dane County. By providing quality compassionate services, the organization aims to uplift and support the most vulnerable members of society. Through a range of supportive initiatives such as physical health monitoring, skill development, employment training, psychoeducation, and recovery support services, Catalyst For Change Inc has made a tangible difference in the lives of individuals struggling with mental health and substance use disorders. Notably, the organization has successfully housed 18 individuals out of the 49 people they have assisted, demonstrating their commitment to long-term success and stability for their clients. Through their dedicated efforts in Madison, WI, Catalyst For Change Inc is actively contributing to the well-being and resilience of those in need within the community.




This information is meant to be a general summary of Catalyst For Change 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
$1,146,378 (2022)
Expenses
$964,575 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $991,932
  • Gross Receipts: $1,146,378

Assets and Liabilities:

  • Total Assets: $405,239
  • Total Liabilities: $95,385
  • Net Assets: $309,854

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Programs

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

COMPREHENSIVE COMMUNITY SERVICES

Revenue

$560,447

STREET MEDIATION

Revenue

$336,163

HOMELESS OUTREACH

Revenue

$95,322

Organization Details

Founding Year

2019

Principal Officer

Michael Moody

Main Address

2617 E WASHINGTON AVE, MADISON, WI, 53704

NTEE Category

Code: L20 - Housing

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