The Bike Connector Inc is located in Lowell, MA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bike Connector 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 12/2022, Bike Connector Inc generated $115.9k in total revenue. All expenses for the organization totaled $99.5k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED AN AFTER SCHOOL AND SUMMER SCHOOL EARN-A-BIKE PROGRAM FOR LOWELL HIGH SCHOOL STUDENTS; REFURBISHED AND DISTRIBUTED BIKES TO COMMUNITY MEMBERS; DELIVERED MOBILE REPAIR SERVICES TO KEEP RIDERS ON THEIR BIKES; COLLECTED BIKES FROM INDIVIDUALS AND MUNICIPALITIES;
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade Rubinstein President | 20 | $0 | |
Richard Fahlander Treasurer | 4 | $0 | |
Patty Grasso Clerk | 10 | $0 | |
Philip Posner Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,896 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,896 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,457 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $26,876 |
| Printing, publications, postage, and shipping | $847 |
| Other expenses | $26,065 |
| Total expenses | $99,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,996 |
| Other assets | $0 |
| Total assets | $60,571 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,571 |