Corvallis Bicycle Collective
- Assets
- $97.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corvallis, OR
- Founding
- 04/2011
- Data as of
- 12/2023
- EIN
- 27-0348094
Organization Overview
Corvallis Bicycle Collective is located in Corvallis, OR. The organization was established in 2011. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corvallis Bicycle Collective 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 12/2023, Corvallis Bicycle Collective generated $99.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $87.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 5 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
OPERATED A FREE DIY BICYCLE REPAIR SHOP OFFERING TOOLS AND INDIVIDUAL INSTRUCTION TO THE PUBLIC, TO REPAIR, OVERHAUL AND MAINTAIN THEIR BIKES. BENEFITED APPROXIMATELY 3000 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Hecht President | 6 | $0 | |
Sylvan Hoover Secretary | 6 | $0 | |
John Van Sickle Treasurer | 6 | $0 | |
Sarah Bronstein Board Member | 4 | $0 | |
David Bachman Board Member | 2 | $0 | |
Darton Devin Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,436 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6 |
| Total Revenue | $99,634 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,125 |
| Professional fees and other payments to independent contractors | $1,389 |
| Occupancy, rent, utilities, and maintenance | $29,602 |
| Printing, publications, postage, and shipping | $569 |
| Other expenses | $2,476 |
| Total expenses | $87,161 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,342 |
| Other assets | $0 |
| Total assets | $97,942 |
| Total liabilities | $5,142 |
| Net assets or fund balances | $92,800 |