2026-07-07T10:39:51-05:00 2025-08-31 251408703 SCHNEIDER DOWNS ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2024-09-01 251453211 CATALYST CONNECTION CATA 4129184300 4501 LYTLE STREET SUITE 301 PITTSBURGH PA 15207 PETRA MITCHELL PRESIDENT & CEO 4129184300 2026-07-06 1 1 ERIN F WOOD P01710275 4122613644 2024 2025-03-06 01:10:19Z PETRA MITCHELL 4501 LYTLE STREET SUITE 301 PITTSBURGH PA 15207 13475224 0 X WWW.CATALYSTCONNECTION.ORG X 1983 PA TO STRENGTHEN THE SOUTHWESTERN PENNSYLVANIA SMALL AND MEDIUM-SIZED MANUFACTURING ECONOMY AND TO SUPPORT AND DEVELOP ADVANCED TECHNOLOGY AND A TRAINED WORKFORCE. THIS IS ACCOMPLISHED THROUGH EDUCATION PROGRAMS, PUBLIC FORUMS, TECHNICAL ADVISORY SERVICES, PUBLICATIONS, AND INTERNSHIPS. 23 23 35 27 0 0 7076557 10726892 2498350 2662512 68918 85820 0 0 9643825 13475224 0 0 0 0 4738991 5171993 0 0 92431 5576043 7872369 10315034 13044362 -671209 430862 7569144 8437278 2998456 3435728 4570688 5001550 CATALYST CONNECTION IS AN ECONOMIC DEVELOPMENT ORGANIZATION WHOSE MISSION IS TO ADVANCE THE PERFORMANCE OF SMALL AND MEDIUM-SIZED MANUFACTURING COMPANIES IN SOUTHWESTERN PENNSYLVANIA BY ACCELERATING THEIR GROWTH AND PRODUCTIVITY IMPROVEMENTS. 0 0 4088154 2662512 MANUFACTURING EXTENSION PARTNERSHIP (MEP) AND CONSULTING ACTIVITIES ARE ORGANIZED TO DEVELOP AND EDUCATE THE REGION'S SMALL AND MEDIUM-SIZED MANUFACTURERS. MEP PROVIDES PROFESSIONAL SERVICES TO MANUFACTURERS THAT ENHANCE THE COMPANIES' COMPETITIVENESS AND STRENGTHEN THEIR EMPLOYMENT BASE WHILE PROVIDING FOR ECONOMIC CONTRIBUTIONS TO THE COMMUNITY. 5584116 0 SMALL MANUFACTURER SUPPLIER INITIATIVES ARE INITIATIVES THAT ASSIST MANUFACTURERS IN ENTERING SUPPLY CHAINS OF LARGER ORIGINAL EQUIPMENT MANUFACTURERS INCLUDING THE DEPARTMENT OF DEFENSE, MARKET INTRODUCTION (MARCELLUS SHALE), NEW PRODUCT DEVELOPMENT (ADDITIVE AND ROBOTICS), ADOPTING EXPORT (ITAR), AND PROCESS CONTROL TECHNOLOGIES (ISO, KATA), AND MORE. THIS ALSO INCLUDES SHARED SERVICES PROVIDED TO ECONOMIC DEVELOPMENT ORGANIZATIONS FOCUSED ON SUPPORTING SMALL MANUFACTURERS. 2250285 0 WORKFORCE - PROVIDE TRAINING AND EDUCATION THROUGH WORK-BASED SCHOOL TO WORK PROGRAMS, DEVELOP A PROPERLY SKILLED WORKFORCE TO SUPPORT MANUFACTURING AND TECHNOLOGY BASED ENTERPRISES. 11922555 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 50 0 1 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X WHIT LITTLE 4129184300 4501 LYTLE STREET SUITE 301 PITTSBURGH PA 15207 TRICIA BREEGER CHAIRPERSON 1.00 X X 0 0 0 DOUG GUDENBURR VICE-CHAIR 1.00 X X 0 0 0 GEORGE DICKOS SECRETARY 1.00 X X 0 0 0 GUY NATALE TREASURER (EXIT 5/25) 1.00 X X 0 0 0 THOMAS SCHNEIDER TREASURER (AS OF 5/25) 1.00 X X 0 0 0 LORI ALBRIGHT DIRECTOR (EXIT 12/24) 1.00 X 0 0 0 KEITH ALVES DIRECTOR 1.00 X 0 0 0 RICHARD BARCASKEY DIRECTOR 1.00 X 0 0 0 EARL BUFORD DIRECTOR 1.00 X 0 0 0 MATT CARROLL DIRECTOR 1.00 X 0 0 0 ROBERT CHERRY DIRECTOR (ENTER 1/25) 1.00 X 0 0 0 DOUG DUNWORTH DIRECTOR 1.00 X 0 0 0 KRISTIN LESKER EISEL DIRECTOR 1.00 X 0 0 0 GARY FEDDER DIRECTOR 1.00 X 0 0 0 JARED GLOVER DIRECTOR 1.00 X 0 0 0 PATTI-ANN KANTERMAN DIRECTOR 1.00 X 0 0 0 BEN KESSING DIRECTOR 1.00 X 0 0 0 EMILY KORNS DIRECTOR 1.00 X 0 0 0 TOM LEWIS DIRECTOR (EXIT 12/24) 1.00 X 0 0 0 SUNEIL MANDAVA DIRECTOR 1.00 X 0 0 0 MELISSA MONARKO DIRECTOR 1.00 X 0 0 0 PETER MORGAN DIRECTOR 1.00 X 0 0 0 VICTOR MROCZKOWSKI DIRECTOR 1.00 X 0 0 0 JORGEN PEDERSON DIRECTOR (EXIT 12/24) 1.00 X 0 0 0 TERRANCE SMITH DIRECTOR 1.00 X 0 0 0 JOHN TKACH DIRECTOR 1.00 X 0 0 0 MELISSA VECCHI DIRECTOR 1.00 X 0 0 0 PETRA MITCHELL PRESIDENT & CHIEF EXECUTIVE OFFICER 50.00 X 363120 0 47147 WHIT LITTLE VICE PRESIDENT OF ADMINISTRATION & CHIEF FINANCIAL OFF 50.00 X 227721 0 32413 DAVID REA MANAGING DIRECTOR ORGANIZATIONAL DEVELOPMENT 40.00 X 206937 0 39380 MATTHEW HOLJES MANAGING DIRECTOR, BUSINESS DEVELOP 40.00 X 202477 0 39113 CRAIG WILSON MANAGING DIR QUALITY/PROCESS IMPROVEMENT 40.00 X 198625 0 36867 ERIC MACDONALD MANAGING DIR CONTINUOUS IMPROVEMENT 40.00 X 190479 0 35449 MATTHEW MINNER MANAGING DIRECTOR 40.00 X 170750 0 37018 1560109 0 267387 17 0 1 0 HENDERSON CONSULTING 4259 KEHRER HILL ROAD MONTOURSVILLE PA 17754 CONSULTING 157480 ACUITY HUMAN RESOURCES 2009 MACKENZIE WAY CRANBERRY TWP PA 16066 CONSULTING 115825 2 9839228 887664 10726892 OPERATIONS 541900 2662512 2662512 2662512 85820 85820 13475224 2662512 0 85820 X 594598 549285 45313 3542669 3291174 251495 108173 108173 554199 507398 46801 372354 345641 26713 21783 21783 48249 48249 92431 92431 6198976 6106190 92786 115677 115677 272835 213463 59372 205719 105890 99829 318262 241240 77022 98848 82055 16793 144980 144980 40963 15747 25216 EVENTS 77153 69645 7508 COMMUNITY SUPPORT 26565 20000 6565 PROFESSIONAL DEVELOPMEN 19556 13763 5793 190372 137214 53158 13044362 11922555 1029376 92431 627047 1816036 689297 854077 1990930 550624 945006 2409926 456576 343919 66304 48335 1602044 848722 898302 753322 1895682 1661039 7569144 8437278 999500 1654109 14000 1998956 1767619 2998456 3435728 X 3002954 3099641 1567734 1901909 4570688 5001550 7569144 8437278 430862 0 X X 0 1 X 1 1 1 X 5655381 7331412 7816379 7076557 10726892 38606621 5655381 7331412 7816379 7076557 10726892 38606621 397728 38208893 38367 20989 42872 68918 85820 256966 38863587 10081352 0.98320 0.99270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 92431 92431 0 PART II-B, LINE 1: THE GOVERNMENT AGENCIES THAT PROVIDE FUNDING INCLUDING THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT WITH THE COMMONWEALTH OF PENNSYLVANIA AND NIST-MEP WITH THE FEDERAL DEPARTMENT OF COMMERCE REQUIRE ADDITIONAL EDUCATION AND RESEARCH TO UNDERSTAND THE PROGRAM, PURPOSES AND IMPACTS FOR OUR REGIONS. THESE COSTS WERE PAID TO THIRD PARTY CONSULTING FIRMS WHO PROVIDED THIS EDUCATION AND RESEARCH. 767767 30296 49527 748536 835664 24409 92306 767767 991363 14250 169949 835664 1130335 18353 157325 991363 1291748 36877 198290 1130335 1.00000 0.00000 0.00000 0 0 1183851 591922 591929 180651 138025 42626 237542 118775 118767 753322 OPERATING LEASE RIGHT-OF-USE ASSET 1661039 1661039 OPERATING LEASE LIABILITY 1767619 1767619 X 13475224 0 13475224 0 13475224 13044362 0 13044362 0 13044362 PART V, LINE 4: THE ENDOWMENT FUNDS ARE RESTRICTED FOR THE USE OF MAKING LOANS TO MANUFACTURERS IN ORDER TO PROMOTE THE DEVELOPMENT AND DEPLOYMENT OF ADVANCED TECHNOLOGY IN THE REGION THROUGH THE MTLF, MVMF, AND MAGC LOAN FUNDS, TO STRENGTHEN AND REVITALIZE THE SOUTHWESTERN PENNSYLVANIA MANUFACTURING ECONOMY AND LESSEN THE BURDENS OF GOVERNMENT. THE ENDOWMENT FUNDS WERE INITIALLY CAPITALIZED AS REVOLVING LOAN FUNDS AND ARE ALSO CAPITALIZED BY A LINE OF CREDIT WITH A PITTSBURGH BANK. REVENUES INCLUDE APPLICATION FEES AND INTEREST COLLECTED ON LOANS. EXPENSES INCLUDE THE PROGRAM SERVICES PROVIDED BY THE DIRECTOR OF FINANCIAL PROGRAMS WHO ASSISTS SMALL MANUFACTURING COMPANIES IN IDENTIFYING THEIR NEEDS, UNDERSTANDING THEIR FINANCES AND ACCESSING PUBLIC AND PRIVATE SOURCES OF CAPITAL. EXPENSES ALSO INCLUDE THE ADMINISTRATIVE FEES OF A THIRD PARTY NON-PROFIT ORGANIZATION TO ADMINISTER THE FUND, INTEREST EXPENSE UNDER THE LINE OF CREDIT AND A PROVISION FOR A LOAN LOSS RESERVE. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RULED THAT CATALYST IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. CATALYST FOLLOWS THE FASB ASC TOPIC ON INCOME TAXES, WHICH PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN FINANCIAL STATEMENTS. CATALYST'S STATEMENTS OF FINANCIAL POSITION AT AUGUST 31, 2025 AND 2024 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, CATALYST HAS NO UNRECOGNIZED TAX BENEFITS. X X X X X 0 0 0 0 0 0 0 1 0 PETRA MITCHELL PRESIDENT & CHIEF EXECUTIVE OFFICER 274061 0 89059 0 0 0 21787 0 25360 0 410267 0 0 0 WHIT LITTLE VICE PRESIDENT OF ADMINISTRATION & CHIEF FINANCIAL OFF 184188 0 43533 0 0 0 13663 0 18750 0 260134 0 0 0 DAVID REA MANAGING DIRECTOR ORGANIZATIONAL DEVELOPMENT 179615 0 27322 0 0 0 12416 0 26964 0 246317 0 0 0 MATTHEW HOLJES MANAGING DIRECTOR, BUSINESS DEVELOP 176332 0 26145 0 0 0 12149 0 26964 0 241590 0 0 0 CRAIG WILSON MANAGING DIR QUALITY/PROCESS IMPROVEMENT 172048 0 26577 0 0 0 11918 0 24949 0 235492 0 0 0 ERIC MACDONALD MANAGING DIR CONTINUOUS IMPROVEMENT 165292 0 25187 0 0 0 11429 0 24020 0 225928 0 0 0 MATTHEW MINNER MANAGING DIRECTOR 152900 0 17850 0 0 0 10245 0 26773 0 207768 0 0 0 PART I, LINE 7 THE ORGANIZATION MAINTAINS AN ORGANIZATION-WIDE VARIABLE INCENTIVE COMPENSATION PROGRAM THAT WAS ESTABLISHED WITH THE ASSISTANCE OF INDEPENDENT HUMAN RESOURCE CONSULTING FIRMS AND IS BASED ON THE ACHIEVEMENT OF ORGANIZATIONAL AND INDIVIDUAL GOALS. GOALS ARE ESTABLISHED WITHIN THE SYSTEM AT THE BEGINNING OF THE YEAR AND ARE PERFORMANCE-BASED GOALS INCLUDING REVENUE, IMPACT, METRICS RELATED TO ASSISTANCE PROVIDED AND MORE. TOTAL PAYMENTS MADE IN THIS YEAR WERE ACCRUED BY THE ORGANIZATION IN THE PRIOR YEAR AND AVERAGED 11% OF TOTAL COMPENSATION RELATED TO PRIOR YEAR PERFORMANCE. ACCRUAL FOR CURRENT YEAR PERFORMANCE AVERAGED 12% OF TOTAL COMPENSATION. UNDER THE PROGRAM, ALL EMPLOYEES PARTICIPATE IN THE PROGRAM. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIRPERSON AND OTHER DIRECTORS OF THE CORPORATION DETERMINED BY THE THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE, WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, HAS THE POWER AND AUTHORITY OF THE BOARD OF DIRECTORS WITH RESPECT TO THE AFFAIRS OF THE CORPORATION, EXCEPT FOR CREATING AND FILLING VACANCIES ON THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS AND APPROVES FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE AND THE FULL BOARD RECEIVES A COPY PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST ANNUALLY. THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF DIRECTORS. THE BOARD REVIEWS POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. WHEN TRANSACTIONS INVOLVING AN INTERESTED PARTY OCCURS, THE BOARD PREAPPROVES THE TRANSACTION WITH THE INTERESTED PARTY ABSENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ORGANIZATION'S OFFICERS IS DETERMINED BY FOLLOWING A WRITTEN PROGRAM BASED ON INDUSTRY DATA REPORTED BY AN INDEPENDENT THIRD PARTY. EXECUTIVE COMPENSATION IS SPECIFICALLY REVIEWED AND APPROVED ANNUALLY BY THE COMPENSATION COMMITTEE USING THIS DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE GENERAL PUBLIC BUT IS AVAILABLE FOR INSPECTION BY FEDERAL AND STATE AGENCIES. FORM 990, PART IX, LINE 11G OPERATION SERVICES: PROGRAM SERVICE EXPENSES 6,106,190. MANAGEMENT AND GENERAL EXPENSES 92,786. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,198,976. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.