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Via Velo Ltd

Velocity Bicycle Co-Op

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263453393 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is Via Velo Ltd?

Via Velo Ltd, specifically known as Velocity Bicycle Co-op, is a nonprofit organization situated at 2111 Mount Vernon Avenue, Alexandria, Virginia. Their primary goal is to foster an inclusive and diverse biking community by making safe, reliable bicycles more accessible to everyone, expanding the availability of quality cycling education, and promoting cycling as a healthy and enjoyable activity. With a mission to grow and empower this community, Velocity Bicycle Co-op boasts a team of five dedicated individuals.


Official website here: www.velocitycoop.org/

What do the Facebook reviews say about Via Velo Ltd?

96% of 26 reviewers on Facebook recommend Via Velo Ltd. Here is a summary of their reviews:

Customers express strong satisfaction with their experiences, particularly highlighting the quality of the refurbished bikes available. One review details an enthusiastic purchase of a Specialized Hardrock bike, emphasizing the excitement and value found in the products offered.

Overall, the sentiment towards Via Velo Ltd is overwhelmingly positive, with users appreciating the quality of service and the bikes provided. Many seem eager to support the organization, reinforcing a sense of trust in their offerings.


This AI summary has been generated from reviews found on Facebook.

Is Via Velo Ltd legitimate?

Via Velo Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Via Velo Ltd submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,979

For more financial information, click here


Official website here: www.velocitycoop.org/

What is the mission statement of Via Velo Ltd?

Via Velo Ltd, through its Velocity Bicycle Cooperative, aims to cultivate an inclusive biking community by focusing on two key aspects: affordability and education. The cooperative strives to make safe and reliable bicycles more accessible for everyone, fostering a sense of inclusivity within the cycling community. Additionally, Velocity Bicycle Cooperative works towards expanding the availability of quality cycling education within the community, promoting cycling as a healthy and enjoyable activity. Lastly, the cooperative encourages diversity within the cycling community, ensuring that everyone has an opportunity to participate and enjoy the benefits of cycling.


Official website here: www.velocitycoop.org/

Who is the CEO of Via Velo Ltd?

Steve Walz is the Principal Officer of Via Velo Ltd.


Official website here: www.velocitycoop.org/

What is the revenue of Via Velo Ltd?

Via Velo Ltd's revenue in 2023 was $261,652.


Official website here: www.velocitycoop.org/

Who are the executives of Via Velo Ltd and what are their salaries?

The average compensation at Via Velo Ltd during 2023 was $20,596. There are 5 employees and 25 volunteers at Via Velo Ltd.


Here are 8 key members and their salaries:


Marty Devine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Patterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pattisal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bayley Vanderpoel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Dirscoll-Lovejoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcclanahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Walz (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Davison (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.velocitycoop.org/

Where can I find the form 990 for Via Velo Ltd?

Via Velo Ltd's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.velocitycoop.org/

Learn more at the official website: www.velocitycoop.org/

Mission Statement of Via Velo Ltd

Via Velo Ltd, a bicycle cooperative, is committed to growing and empowering an inclusive biking community. They achieve this mission through various strategies. Firstly, Via Velo Ltd focuses on affordability, making it possible for everyone to own safe and reliable bicycles. By doing so, they ensure that the joy of cycling is not limited to a select few.

Secondly, Via Velo Ltd is dedicated to fostering diversity within the cycling community. They believe that a diverse group of cyclists enriches the experience for everyone involved. By encouraging and welcoming people from various backgrounds and experiences, they create a more vibrant and inclusive biking community.

Lastly, Via Velo Ltd emphasizes education. They strive to expand the availability of quality cycling education within their community. By providing educational resources and opportunities, they empower individuals to enhance their cycling skills and knowledge, making the activity more enjoyable and accessible. Furthermore, Via Velo Ltd promotes cycling as a healthy and enjoyable activity, encouraging people to use bicycles as a means of transportation and recreation.

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Impact




October, 2024

Via Velo Ltd significantly impacts the Alexandria, VA community by promoting an inclusive biking culture that emphasizes affordability, education, and diversity. By making safe and reliable bicycles more accessible, they ensure that individuals from all walks of life can participate in cycling, which fosters a sense of community.

Their focus on education expands opportunities for residents to learn about bike maintenance and safety, empowering more people to enjoy the benefits of cycling. Furthermore, by promoting cycling as a healthy and recreational activity, Via Velo Ltd encourages active lifestyles, contributing to overall community well-being.

Through initiatives aimed at increasing diversity within the cycling community, they help dismantle barriers that have historically limited participation, ultimately leading to a richer and more varied biking experience for everyone involved.




This information is meant to be a general summary of Via Velo Ltd. 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.

Revenue
$261,652 (2023)
Expenses
$241,075 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $248,440
  • Gross Receipts: $261,652

Assets and Liabilities:

  • Total Assets: $257,323
  • Total Liabilities: $21,694
  • Net Assets: $235,629

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Organization Details

Founding Year

2010

Principal Officer

Steve Walz

Main Address

2111 Mount Vernon Avenue, Alexandria, VA, 223011311

NTEE Category

Code: N30 - Recreation

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