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Community Catalysts Development Com

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

EIN: 844785990 ✦ Howell, MI ✦ Designated as a 501(c)(3)

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Overview

What is Community Catalysts Development Com?

Community Catalysts Development Com is a nonprofit organization situated in Howell, Michigan. Their primary mission is to provide affordable and high-quality housing solutions for seniors, veterans, homeless individuals, and low-income community members. In 2022, they purchased an abandoned motel and began renovations, aiming to transform it into housing for those in need. During this period, the organization received donated services valued at approximately $59,743, alongside additional donations related to the motel purchase and renovation, estimated at $20,917. The total value of these donations has been capitalized to support their cause.


Official website here: www.community-catalysts.org/developmen

Is Community Catalysts Development Com legitimate?

Community Catalysts Development Com is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Catalysts Development Com 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: $92,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.community-catalysts.org/developmen

What is the mission statement of Community Catalysts Development Com?

Community Catalysts Development Com's mission is centered around enhancing the living conditions of seniors, veterans, formerly homeless individuals, and people with low income. Their primary objective is to provide them with quality, affordable housing that enables them to thrive in communities. In 2022, they purchased an abandoned motel and began its renovation, which upon completion, will serve as housing for those in need. The organization also received donated services worth $59,743 and an additional $20,917 in relation to the abandoned motel purchase and renovation. These donations have been capitalized to support their cause.


Official website here: www.community-catalysts.org/developmen

Who is the CEO of Community Catalysts Development Com?

Eileen Zilch is the Pres & Exec. of Community Catalysts Development Com.


Official website here: www.community-catalysts.org/developmen

What is the revenue of Community Catalysts Development Com?

Community Catalysts Development Com's revenue in 2022 was $173,663.


Official website here: www.community-catalysts.org/developmen

Who are the executives of Community Catalysts Development Com and what are their salaries?

There 81 volunteers at Community Catalysts Development Com.


Here are 7 key members and their salaries:


Eileen Zilch (Pres & Exec.)
  • Compensation: $92,872
  • Related: $0
  • Other: $0
Joe Amini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fishwick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky Phelps (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Stilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Wilson (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.community-catalysts.org/developmen

Where can I find the form 990 for Community Catalysts Development Com?

Community Catalysts Development Com's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.community-catalysts.org/developmen

Learn more at the official website: www.community-catalysts.org/developmen

Mission Statement of Community Catalysts Development Com

Community Catalysts Development Com is committed to enhancing the living conditions of seniors, veterans, the formerly homeless, and individuals with low income. Their mission is to introduce high-quality, affordable housing options that enable these communities to flourish within their local neighborhoods. In 2022, the organization took a significant step towards achieving this goal by purchasing an abandoned motel and initiating renovations. Upon completion, this renovated property will serve as a valuable housing resource for members of these communities in need. In addition to this project, Community Catalysts Development Com has benefited from various donated services, which have been capitalized and valued at approximately $20,917. These contributions have significantly contributed to their efforts in providing quality and attainable housing solutions.

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Impact




October, 2024

Community Catalysts Development Com significantly enhances the quality of life for vulnerable populations by providing attainable housing solutions. By focusing on seniors, veterans, formerly homeless individuals, and low-income families, the organization addresses critical needs within the community.

In 2022, their impactful initiatives included the acquisition and renovation of an abandoned motel, transforming it into a safe and supportive living environment for those in need. This project represents a commitment to not only shelter but also to fostering a thriving community where residents can flourish.

Additionally, the organization has leveraged community support, receiving valuable donated services worth over $80,000, which further amplifies its ability to improve living conditions for its target populations. Through these efforts, Community Catalysts Development Com plays a vital role in promoting stability, dignity, and a sense of belonging among some of the most vulnerable members of society in Howell, MI.




This information is meant to be a general summary of Community Catalysts Development Com. 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
$173,663 (2022)
Expenses
$178,105 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40
  • Program Service Revenue: $73,056
  • Gross Receipts: $177,106

Assets and Liabilities:

  • Total Assets: $1,747,195
  • Total Liabilities: $829,553
  • Net Assets: $917,642

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Programs

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

RENTAL INCOME-422 E. GRAND RI

Revenue

$30,948

RENTAL INCOME-521 E. GRAND RI

Revenue

$21,108

RENTAL INCOME-502 S. MI AVE

Revenue

$21,000

Organization Details

Founding Year

2020

Principal Officer

Eileen Zilch

Main Address

422 E GRAND RIVER, HOWELL, MI, 48843

NTEE Category

Code: L20 - Housing

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