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Nonprofit · EIN 83-2202198

CATALYST COMMUNITY CAPITAL INC

Tax-exempt · TAMPA, FL 33606

Financials

$196K$249K2023
Revenue Expenses · by fiscal year end
Financials of CATALYST COMMUNITY CAPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$195,564$249,065-$53,501$68,818$557,729-$488,911
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$10,000
Program service revenue
$120,978
Investment income
$64,566
Other revenue
$20

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$42,317
Other salaries and wages
$7,468
Salaries, compensation and benefits (total)
$99,350
Professional fundraising fees
$0
Legal fees
$713
Accounting fees
$4,500
Occupancy
$46,523
Travel
$16
Program services (functional)
$158,523
Management and general (functional)
$90,542

Balance sheet and other

Total assets, start of year
$654,688
Total assets, end of year
$68,818
Total liabilities, end of year
$557,729
Net assets, end of year
-$488,911
Gross receipts
$195,564
Employees
3
Volunteers
5
Year formed
2018
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL MAGUIRECOO / CHAIRMAN
Trustee or director, Officer
30$31,314
JOSEPH BONORACEO / BOARD MEMBER
Trustee or director, Officer
20$11,002
BRYAN SIMMERINGBOARD MEMBER
Trustee or director
2$0
CHRISTIN COLLINSBOARD MEMBER
Trustee or director
2$0
MARK STROUDBOARD MEMBER
Trustee or director
2$0
RICHARD FREUNDBOARD MEMBER
Trustee or director
2$0
TESSA LESAGEBOARD MEMBER
Trustee or director
2$0

Address and contacts

Address (IRS master file)
936 S HOWARD AVE STE 202, TAMPA, FL 33606-2491
In care of
% JOSEPH BONORA
Mailing address (990-N for 2018)
936 S HOWARD AVE SUITE 202, TAMPA FL 33606
Principal officer (990 for 2023)
MICHAEL MAGUIRE, 200 MIRROR LAKE DRIVE NORTH, ST PETERSBURG, FL 33701
Principal officer (990-N for 2018)
JOSEPH BONORA, 936 S HOWARD AVE SUITE 202, TAMPA FL 33606
Signed the 990
MICHAEL MAGUIRE, CHIEF OPERATIONS OFFICER
Phone
(813) 670-3223
Return prepared by
WINDHAM BRANNON LLC

Mission

CATALYST SUPPORTS ECONOMIC GROWTH AND REVITALIZES LOW-INCOME COMMUNITIES BY INCREASING THE FLOW OF CAPITAL TO SMALL BUSINESSES AND MISSION-DRIVEN DEVELOPERS AND ORGANIZATIONS.

990 for the year ended December 31, 2023

Program accomplishments

  • LENDING: CATALYST PROVIDES REAL ESTATE ACQUISITION & CONSTRUCTION LOANS, SMALL BUSINESS AND MICROENTERPRISE LOANS, WORKING CAPITAL, TERM LOANS, AND BRIDGE LOANS TO ENSURE ITS BORROWERS HAVE THE RESOURCES NEEDED TO GROW THEIR BUSINESSES TO SUPPORT JOB CREATION / RETENTION AND INCREASED WAGES FOR RESIDENTS, EXPAND THE AVAILABILITY OF AFFORDABLE HOUSING, AND CREATE MUCH NEEDED COMMUNITY FACILITIES TO SERVE LOW-INCOME HOUSEHOLDS.
    Expenses $139,669 · revenue $104,048
  • MICROENTERPRISE LOANS: CATALYST PARTNERS WITH LOCAL GOVERNMENT AGENCIES AND MUNICIPALITIES TO CREATE, DEVELOP, AND MANAGE VARIOUS FUNDING AND TECHNICAL ASSISTANCE PROGRAMS TO ADVANCE COMMUNITY AND ECONOMIC DEVELOPMENT GOALS. CATALYSTS PROACTIVELY EDUCATES THESE ENTITIES ON THE NEEDS OF ITS COMMUNITIES AND THE FINANCIAL RESOURCES AVAILABLE TO THEM TO FULFILL THESE NEEDS. IN CONJUNCTION WITH AGENCY STAFF MEMBERS AND ELECTED OFFICIALS, CATALYST CREATES SUSTAINABLE LOAN PROGRAMS THAT EFFICIENTLY DELIVER FUNDING WHILE SIMULTANEOUSLY ENSURING SUSTAINABILITY OF THE PROGRAM TO MAXIMIZE ITS IMPACT.
    Expenses $18,854 · revenue $16,930
  • TECHNICAL ASSISTANCE AND MINORITY TRAINING: CATALYST'S TECHNICAL ASSISTANCE PLATFORM INCLUDES ITS MINORITY DEVELOPER MENTORSHIP & TRAINING PROGRAM ("MDMT"). THE PURPOSE OF MDMT IS TO EDUCATE MINORITY DEVELOPERS ON THE COMPREHENSIVE PROCESS OF REAL ESTATE DEVELOPMENT, INCLUDING SITE SELECTION, ZONING & PERMITTING, DESIGN, CONSTRUCTION MANAGEMENT AND FINANCIAL FORECASTING, HELPING TO BUILD CAPACITY FOR LOCAL MINORITY DEVELOPERS TO MEET THE NEED AND DEMAND FOR AFFORDABLE HOUSING IN THE TARGET MARKET. THE PROGRAM INCLUDES ONE-ON-ONE MEETINGS, BI-WEEKLY GROUP TRAININGS, AND NETWORKING EVENTS WITH LOCAL REAL ESTATE PROFESSIONALS. WHILE ALL MINORITY DEVELOPERS ARE WELCOME TO PARTICIPATE WHETHER OR NOT THEY ARE INTERESTED IN CATALYST'S FINANCING, MANY MDMT PARTICIPANTS DO BECOME BORROWERS FOR CATALYST'S AFFORDABLE HOUSING LOAN PROGRAM. ALONG WITH MDMT, CATALYST PROVIDES TECHNICAL ASSISTANCE THROUGH VARIOUS WORKSHOPS, INCLUDING AFFORDABLE HOUSING DEVELOPMENT COUNSELING SERVICES, THE SMALL BUSINESS SURVIVE & THRIVE SERIES, AND THE ECONOMIC DEVELOPMENT AND CAPACITY BUILDING WORKSHOP, WHICH ARE DISCUSSED IN MORE DETAIL IN THE DEVELOPMENT SERVICES SECTION BELOW.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
83-2202198
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$68,818
Income (IRS master file)
$195,564

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023–––IRS
990December 2022$805,577$649,206$654,688IRS
990December 2021$693,403$668,084$6,039,917IRS
990December 2020–––IRS
990-N for 2018
Officer: JOSEPH BONORA
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CATALYST COMMUNITY CAPITAL INC

What is the EIN of CATALYST COMMUNITY CAPITAL INC?
The employer identification number (EIN) of CATALYST COMMUNITY CAPITAL INC is 83-2202198.
Is CATALYST COMMUNITY CAPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to CATALYST COMMUNITY CAPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CATALYST COMMUNITY CAPITAL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CATALYST COMMUNITY CAPITAL INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CATALYST COMMUNITY CAPITAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of CATALYST COMMUNITY CAPITAL INC?
The 990 for the year ended December 31, 2023 names MICHAEL MAGUIRE.
Who are the officers and directors of CATALYST COMMUNITY CAPITAL INC?
The 990 for the year ended December 31, 2023 lists 7 people; 2 received compensation from the organization, the highest $31,314 (MICHAEL MAGUIRE, COO / CHAIRMAN).
How much revenue does CATALYST COMMUNITY CAPITAL INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $195,564, expenses of $249,065 and total assets of $68,818 at year end.

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