Overview
What is New York Cycle Club Inc?
New York Cycle Club Inc is a nonprofit organization dedicated to promoting safe bicycling experiences. They achieve this goal by organizing rides that are accessible to the public at large, hosting three significant events during the riding season. The club's primary mission is to create a welcoming environment for cyclists in New York, fostering a sense of community and camaraderie.
Official website here: www.nycc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. The New York Cycle Club Inc received a moderate score reflecting its accountability and financial practices. While the charity has a strong structure with an independent board and a good program expense ratio, it lacks key policies such as a conflict of interest policy and whistleblower protections, which affected its overall rating.
The organization scored particularly well in areas like the majority of independent board members and the absence of material diversion of assets, indicating solid governance practices. Additionally, its liabilities to assets ratio is low, illustrating a stable financial position. However, the absence of several critical operational policies raises concerns about its governance framework.
Overall, while the New York Cycle Club Inc shows strengths in financial management and board structures, the missing policies highlight areas for improvement that could enhance transparency and accountability within the organization. Addressing these gaps could lead to a better rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is New York Cycle Club Inc legitimate?
New York Cycle Club Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Cycle Club Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Official website here: www.nycc.org
What is the mission statement of New York Cycle Club Inc?
New York Cycle Club Inc's primary role is to facilitate safe bike riding experiences for the public. They achieve this by organizing various rides during their active season, which are open to everyone. The club's mission is not solely focused on promoting bicycling but also ensures that these activities are carried out in a secure manner. While the information provided does not detail any specific goals related to increasing awareness, advocacy, or research in the field of cycling, it can be inferred that the club's mission includes fostering a community of cyclists and providing them with enjoyable and safe riding experiences.
Official website here: www.nycc.org
Who is the CEO of New York Cycle Club Inc?
Leora Rosenberg is the President of New York Cycle Club Inc.
Official website here: www.nycc.org
What is the revenue of New York Cycle Club Inc?
New York Cycle Club Inc's revenue in 2022 was $197,711.
Official website here: www.nycc.org
Who are the executives of New York Cycle Club Inc and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.nycc.org
Where can I find the form 990EZ for New York Cycle Club Inc?
New York Cycle Club Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.nycc.org
Learn more at the official website: www.nycc.org
Mission Statement of New York Cycle Club Inc
New York Cycle Club, a renowned organization, is dedicated to promoting safe bicycling activities. It achieves this by offering organized rides that are accessible to the public at large. Throughout the riding season, the club organizes and hosts three significant rides, emphasizing safety and inclusivity. By providing these opportunities, New York Cycle Club encourages individuals to engage in cycling, promoting an active and healthier lifestyle.
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Impact
October, 2024
New York Cycle Club Inc plays a significant role in promoting cycling as a safe and enjoyable recreational activity in New York City. By organizing rides that are open to the general public, the club fosters a sense of community among cyclists and encourages more people to engage in outdoor activities. The club hosts three major rides throughout the riding season, providing structured opportunities for individuals of all experience levels to participate. This not only enhances physical fitness but also promotes environmental sustainability by advocating for cycling as a mode of transportation. Additionally, New York Cycle Club cultivates a culture of safety and camaraderie, helping to build connections among local cyclists and contributing to the vibrant cycling culture in the city.
This information is meant to be a general summary of New York Cycle Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $60
- Program Service Revenue: $123,049
- Gross Receipts: $197,711
Assets and Liabilities:
- Total Assets: $235,566
- Total Liabilities: $1,123
- Net Assets: $234,443
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Organization Details
Phone
(646) 852-6134Principal Officer
Leora Rosenberg
Main Address
PO BOX 4474 GRAND CENTRAL STATION, NEW YORK, NY, 10163
Website
www.nycc.orgNTEE Category
Code: N50 - Recreation
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