Chico Velo Cycling Club
- Assets
- $255.8k
- Revenue
- $243.4k
- Investments
- $0.0
- Employees
- 18
- Location
- Chico, CA
- Founding
- 10/1986
- Data as of
- 06/2022
- EIN
- 94-2721971
Organization Overview
Chico Velo Cycling Club is located in Chico, CA. The organization was established in 1986. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Chico Velo Cycling Club employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chico Velo Cycling Club 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 06/2022, Chico Velo Cycling Club generated $243.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $226.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROMOTE PUBLIC AWARENESS AND EDUCATE PARTICIPANTS TO BICYCLE SAFETY AND ALTERNATIVE TRANSPORTATION. THE ORGANIZATION HOLDS SEVERAL MAJOR BICYCLE EVENTS THAT ARE OPEN TO THE GENERAL PUBLIC. OVER 3,400 PEOPLE BENEFIT FROM THESE EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAJOR BICYCLE EVENTS ORGANIZED TO PROMOTE PUBLIC AWARENESS AND EDUCATE PARTICIPANTS TO BICYCLE SAFETY.
PROMOTE EDUCATIONAL AND PUBLIC AWARENESS AS TO THE IMPORTANCE OF ALTERNATIVE TRANSPORTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Diehm Secretary | OfficerTrustee | 5 | $2,393 |
Mandi Mckay President | OfficerTrustee | 5 | $0 |
Thad Walker Treasurer | OfficerTrustee | 5 | $0 |
Katie Carpenter Vice President | OfficerTrustee | 5 | $0 |
Jeff Schwein Director | Trustee | 5 | $0 |
Cheri Chastain Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,625 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,625 |
| Total Program Service Revenue | $176,390 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $150 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $24,266 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $243,431 |
| 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 | $87,769 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,448 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,591 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,955 |
| Office expenses | $8,175 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,951 |
| Travel | $41 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $241 |
| Insurance | $2,915 |
| All other expenses | $95,147 |
| Total functional expenses | $226,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,993 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,188 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,807 |
| Prepaid expenses and deferred charges | $52 |
| Net Land, buildings, and equipment | $2,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12 |
| Total assets | $255,825 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $255,825 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $255,825 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chico Velo Cycling Club has recieved totaling $12.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Olympic Club San Francisco, CA | $139,553,098 | $52,824,082 |
Multnomah Athletic Club Portland, OR | $105,959,978 | $39,135,600 |
Monterey Peninsula Country Club Corp Pebble Beach, CA | $64,367,072 | $29,204,016 |
Hillcrest Country Club Los Angeles, CA | $41,243,354 | $25,586,349 |
Big Canyon Country Club Newport Beach, CA | $52,469,000 | $24,831,561 |
Jonathan Club Los Angeles, CA | $60,243,758 | $30,259,062 |
Los Angeles Country Club Los Angeles, CA | $94,895,978 | $18,517,076 |
Vintage Club Indian Wells, CA | $80,320,020 | $28,937,387 |
Brentwood Country Club Los Angeles Los Angeles, CA | $23,132,093 | $17,679,018 |
Waialae Country Club Honolulu, HI | $40,629,667 | $20,651,940 |
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
Eldorado Country Club Indian Wells, CA | $45,757,738 | $18,170,181 |