Lancaster Bicycle Club is located in Lancaster, PA. The organization was established in 1997. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lancaster Bicycle Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Lancaster Bicycle Club generated $87.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $81.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE BICYCLING ACTIVITIES WHILE PROMOTING BICYCLING AWARENESS AND SAFETY. THE MAJOR ANNUAL EVENT IS THE METRIC CENTURY RIDE THAT IS HELD IN AUGUST.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Dave Stauffer President | 3 | $0 | |
| Richard Zook Secretary | 3 | $0 | |
| Deborah Arcoleo Treasurer | 3 | $0 | |
| Leslie Arnold Member | 1 | $0 | |
| Gary Musser Member | 1 | $0 | |
| Louis Bruno Member | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,512 | 
| Total Program Service Revenue | $69,112 | 
| Membership dues | $201 | 
| Investment income | $1,740 | 
| Gain or Loss | $9,616 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $915 | 
| Total Revenue | $87,537 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $5,279 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $248 | 
| Other expenses | $47,892 | 
| Total expenses | $81,634 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,280 | 
| Other assets | $0 | 
| Total assets | $88,280 | 
| Total liabilities | $2,708 | 
| Net assets or fund balances | $85,572 |