Shared Mobility Inc
- Assets
- $3.6m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 14
- Location
- Buffalo, NY
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 46-5072814
Organization Overview
Shared Mobility Inc is located in Buffalo, NY. The organization was established in 2016. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Shared Mobility Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shared Mobility 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, Shared Mobility Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.6m 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
TO INFORM THE GENERAL PUBLIC OF THE AVAILABILITY AND VALUE OF SHARED TRANSPORTATION AND MOBILITY SOLUTIONS, PARTICULARLY THOSE INCORPORATING PRINCIPLES OF ENVIRONMENTAL SUSTAINABILITY AND ECONOMIC JUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP, PROMOTE, AND IMPLEMENT NEW STRATEGIES FOR ECONOMICALLY DISADVANTAGED COMMUNITIES TO SHARE TRANSPORTATION AND MOBILITY SOLUTIONS INCORPORATING PRINCIPLE OF ENVIRONMENTAL SUSTAINABILITY.
DEPRECIATION EXPENSE FOR 1ST EXEMPT ACCOMPLISHMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jamie Hamann- Burney President | OfficerTrustee | 4 | $0 |
Angela Keppel Vice Preside | OfficerTrustee | 4 | $0 |
William Campbell Treasurer | OfficerTrustee | 4 | $0 |
Jeffrey Kohnke Secretary | OfficerTrustee | 4 | $0 |
Cory Zorsch Board Member | Trustee | 4 | $0 |
Christopher Caruana Board Memebe | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $386,606 |
| All other contributions, gifts, grants, and similar amounts not included above | $698,454 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,085,060 |
| Total Program Service Revenue | $229,386 |
| Investment income | $1,320 |
| 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 | $1,335,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $452,521 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $44,163 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,387 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,226 |
| Advertising and promotion | $12,622 |
| Office expenses | $1,081 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,900 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,955 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $583,762 |
| Insurance | $67,934 |
| All other expenses | $40,980 |
| Total functional expenses | $1,554,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $790,101 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $85,575 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,765,220 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,640,896 |
| Accounts payable and accrued expenses | $37,048 |
| 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 | $1,711 |
| Other liabilities | $143,044 |
| Total liabilities | $181,803 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $3,459,093 |
| Total liabilities and net assets/fund balances | $3,640,896 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Shared Mobility Inc has recieved totaling $405,947.
| Awarding Organization | Amount |
|---|---|
Independent Health Association Inc Buffalo, NY PURPOSE: SPONSORSHIP FOR HEALTHY LIVING | $345,965 |
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: INCREASING HEALTH AND MOBILITY IN BIPOC COMMUNITIES THROUGH E-BIKE LIBRARIES | $49,982 |
Peopleforbikes Foundation Boulder, CO PURPOSE: TO IMPROVE INFRASTRUCTURE TO OBTAIN OR ENHANCE "BICYCLE FRIENDLY COMMUNITY" STATUS. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Suburban Transit Network Inc Blue Bell, PA | $12,707,455 | $13,173,363 |
Bucks County Transport Inc Holicong, PA | $5,704,308 | $8,953,027 |
Medical Motor Service Of Rochester And Monroe County Inc Rochester, NY | $3,001,821 | $5,404,976 |
Rural Community Transportation Inc Lyndonville, VT | $3,457,969 | $5,449,724 |
Special Services Transportation Agency Colchester, VT | $2,939,021 | $4,072,874 |
Transportation Alternatives Inc New York, NY | $4,614,019 | $5,804,814 |
Three Rivers Communities Inc Mckees Rocks, PA | $15,338,200 | $4,090,582 |
Allied Coordinated Transportation Services Inc New Castle, PA | $6,316,143 | $3,065,306 |
Historic Homes Of Runnemede Inc Windsor, VT | $3,305,885 | $1,931,071 |
Shared Mobility Inc Buffalo, NY | $3,640,896 | $1,335,715 |
South Central Massachusetts Elder Bus Inc Charlton, MA | $251,787 | $1,371,171 |
Transoptions Inc Cedar Knolls, NJ | $1,154,814 | $1,343,116 |