Resilient Cities Catalyst Inc
- Assets
- $643.1k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2021
- EIN
- 84-2340905
Organization Overview
Resilient Cities Catalyst Inc is located in Brooklyn, NY. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resilient Cities Catalyst Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Resilient Cities Catalyst Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (27.0%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RESILIENT CITIES CATALYST IS A NONPROFIT THAT WAS FOUNDED IN 2019 BY MEMBERS OF THE 100 RESILIENT CITIES (100RC) LEADERSHIP TEAM. BUILDING ON THE PIONEERING LEGACY OF 100RC, AND IN PARTNERSHIP WITH A COMMUNITY OF URBAN RESILIENCE ACTORS, RCC IS HELPING 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.THE CONTINUED IMPACT OF COVID, CLIMATE SHOCKS, AND THE ONGOING AND EVER MORE URGENT NEED TO ADDRESS INEQUALITY HAVE MADE IT CLEAR THAT 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 SIGNIFICANT AND SUSTAINED ATTENTION ON THESE CHALLENGES GLOBALLY THROUGH COMMITMENTS MADE AT COP26, COVID RECOVERY FUNDING OR THE RECENT BIPARTISAN INFRASTRUCTURE BILL GIVES US A GENERATIONAL OPPORTUNITY TO PARTNER WITH COMMUNITIES A
Describe the Organization's Program Activity:
Part 3 - Line 4a
RCC 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 TO HELP COMMUNITIES BRIDGE THE GAP BETWEEN THE RESOURCES AND POWERS AT THEIR DISPOSAL TO ADDRESS THEIR RESILIENCE AND EQUITY NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Salkin Managing Director, Secretary, Treasurer | OfficerTrustee | 40 | $162,626 |
Paul Nelson Managing Director | Officer | 40 | $162,482 |
Corinne Letourneau Managing Director | Officer | 40 | $162,392 |
Sam Carter Managing Director | Officer | 40 | $154,644 |
Michael Berkowitz Managing Director | Officer | 40 | $152,564 |
Garima Prasai Director, Strategy & Operations | Officer | 40 | $126,695 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Farallon Stategies Llc Program Services | 12/30/21 | $110,600 |
The Next Practice Ltd Managing Director Services | 12/30/21 | $159,022 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $477,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $499,899 |
| Total Program Service Revenue | $968,342 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,468,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $122,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,043,224 |
| Compensation of current officers, directors, key employees. | $132,560 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $372,106 |
| Pension plan accruals and contributions | $9,547 |
| Other employee benefits | $64,865 |
| Payroll taxes | $98,396 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,700 |
| Fees for services: Accounting | $58,347 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $415,265 |
| Advertising and promotion | $0 |
| Office expenses | $4,506 |
| Information technology | $12,237 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,928 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,506 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,466 |
| All other expenses | $0 |
| Total functional expenses | $2,262,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,671 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $215,500 |
| Accounts receivable, net | $266,320 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,650 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $643,141 |
| Accounts payable and accrued expenses | $311,488 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $100,000 |
| Total liabilities | $411,488 |
| Net assets without donor restrictions | -$203,095 |
| Net assets with donor restrictions | $434,748 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $643,141 |
Grants Awarded
Over the last fiscal year, Resilient Cities Catalyst Inc has awarded $112,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CLIMATE RESOLVE PURPOSE: CLIMATE RESOLVE WILL PRODUCE A REPORT ON THE STATE OF COMPLIANCE AND EFFICACY OF CALIFORNIA'S OUTDOOR HEAT STANDARD FOR AGRICULTURAL WORKERS AND EXAMINE WAYS TO EXPAND HEAT SAFETY MEASURES TO OTHER SECTORS. THE REPORT WILL FURTHER EXAMINE OTHER-THAN-AGRICULTURAL OUTDOOR WORKERS AND THEIR EXPOSURE TO EXTREME HEAT. LAST, WE WILL REPORT ON THE NEED FOR WORKER PROTECTION FROM WILDFIRE SMOKE, AND SUGGEST NEW POLICIES THAT MAY PROTECT OUTDOOR WORKERS FROM THESE MULTIPLE THREATS. THE REPORT WILL BE PUBLISHED NO LATER THAN MARCH 1, 2022. | $75,000 |
San Diego, CA PURPOSE: WITH A GRANT OF $25,000, THE SAN DIEGO REGIONAL CLIMATE COLLABORATIVE TEAM WILL WORK WITH RESILIENT CITIES CATALYST AS A LOCAL PARTNER TO SUPPORT THE DESIGN AND DELIVERY OF AN EXCHANGE WORKSHOP THAT BRINGS MULTI-SECTOR STAKEHOLDERS FROM LOCAL COMMUNITIES TOGETHER TO EXPLORE VARIOUS DESIGN OPTIONS TO ADDRESS COASTAL EROSION AND INTERRELATED RESILIENCE CHALLENGES. TO SPUR EXPLORATION OF CREATIVE APPROACHES, THE EXCHANGE WOULD HIGHLIGHT GLOBAL BEST PRACTICES AND EXPLORE HOW THEY MIGHT BE APPLIED IN THE NORTH COASTAL SAN DIEGO CONTEXT. THE CONVENING WILL BE DESIGNED TO PROMOTE A DIALOGUE AMONG STAKEHOLDERS WHILE LAYING THE GROUNDWORK FOR IMPLEMENTATION OF INNOVATIVE APPROACHES. | $25,000 |
Beverly Hills, CA PURPOSE: USE OF THIS GRANT WILL BE TOWARDS STRENGHTENING FOCUS ON SPECIFIC, DATA-DRIVEN METHODS FOR INCREASING COMMUNITY RESILIENCE, WITH | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Resilient Cities Catalyst Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
J M Kaplan Fund Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catskill Watershed Corporation Arkville, NY | $166,890,312 | $18,353,633 |
Scenic Hudson Inc poughkeepsie, NY | $38,136,273 | $14,869,807 |
Safe Water Network New York, NY | $11,807,774 | $8,506,828 |
Earth Conservancy Ashley, PA | $31,704,256 | $2,874,276 |
Buffalo Niagara Waterkeeper Inc Buffalo, NY | $12,074,005 | $5,933,047 |
Riverkeeper Inc Ossining, NY | $3,555,297 | $4,414,432 |
Buzzards Bay Coalition Inc New Bedford, MA | $35,427,271 | $10,789,245 |
Hudson River Foundation For Science And Environmental Research Inc New York, NY | $44,144,233 | $1,711,986 |
Delaware Bay And River Cooperative Inc Linwood, PA | $4,814,583 | $3,275,578 |
Renew Oceans Inc Brooklyn, NY | $0 | $303,111 |
Connecticut River Watershed Council Inc Greenfield, MA | $5,295,847 | $3,497,811 |
Charles River Transportation Management Association Cambridge, MA | $5,311,502 | $3,433,111 |