Salem Bicycle Club Ltd
- Assets
- $28.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 09/1992
- Data as of
- 12/2023
- EIN
- 93-0943612
Organization Overview
Salem Bicycle Club Ltd is located in Salem, OR. The organization was established in 1992. 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. Salem Bicycle Club Ltd 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, Salem Bicycle Club Ltd generated $12.6k 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 (10.4%) each year. All expenses for the organization totaled $13.9k during the year ending 12/2023. 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
SCHEDULED 413 RIDES IN 2023 WHICH BENEFIT 139 RIDERS FOR A TOTAL OF 119,071 MILES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Lefevre Accountant | 3 | $0 | |
Dan Shryock Newsletter Editor | 3 | $0 | |
Ken Freeman Vice President | 3 | $0 | |
Debbie Miller Secretary | 3 | $0 | |
Tim Newman President, Webmaster | 4 | $0 | |
Bonnie Beal Board Member At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $291 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,402 |
| Investment income | $80 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,352 |
| Other Revenue | $3,482 |
| Total Revenue | $12,607 |
| 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 | $2,828 |
| Occupancy, rent, utilities, and maintenance | $1,356 |
| Printing, publications, postage, and shipping | $2,431 |
| Other expenses | $7,242 |
| Total expenses | $13,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,379 |
| Other assets | $0 |
| Total assets | $28,379 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,379 |