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Durham Bicycle Cooperative

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

EIN: 263522625 ✦ Durham, NC ✦ Designated as a 501(c)(3)

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Overview

What is Durham Bicycle Cooperative?

Durham Bicycle Cooperative (DBC) is a community-focused nonprofit organization situated in Durham. Its primary mission is to offer affordable bicycles and impart practical bicycle repair knowledge to the local population. DBC collaborates with a wide array of social service agencies to provide bicycles and safety equipment to their clients. The mechanics from DBC work closely with case workers and other professionals from these agencies. Moreover, the cooperative operates a repair shop open to both members and the general public, providing repair workshops during designated hours and specialized clinics to encourage participants to fix their bikes independently.


Official website here: www.durhambikecoop.org

What do the Facebook reviews say about Durham Bicycle Cooperative?

88% of 6 reviewers on Facebook recommend Durham Bicycle Cooperative. Here is a summary of their reviews:

The cooperative is praised for its great environment and exceptional customer service. Reviewers appreciate the welcoming atmosphere and the helpful staff, who are noted for their willingness to assist customers with their needs. The overall sentiment suggests that people feel positively toward their experiences, highlighting a strong sense of community and support.

In summary, Durham Bicycle Cooperative delivers on its promise of a friendly and helpful service, leading to a favorable impression among those who have engaged with the nonprofit.


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

Is Durham Bicycle Cooperative legitimate?

Durham Bicycle Cooperative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Durham Bicycle Cooperative 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.durhambikecoop.org

What is the mission statement of Durham Bicycle Cooperative?

The Durham Bicycle Cooperative's mission is centered around providing affordable bicycles and educational opportunities in bicycle repair to the community. They achieve this by collaborating with various social service agencies, offering bicycles and safety accessories to their clients. The cooperative operates a repair shop open to members and the community, offering repair skills during designated hours and specialized clinics to encourage self-reliance in bike maintenance. The mechanics from the cooperative engage with professionals from social service agencies to ensure the program's success.


Official website here: www.durhambikecoop.org

Who is the CEO of Durham Bicycle Cooperative?

Mike Close is the Treasurer of Durham Bicycle Cooperative.


Official website here: www.durhambikecoop.org

What is the revenue of Durham Bicycle Cooperative?

Durham Bicycle Cooperative's revenue in 2022 was $58,638.


Official website here: www.durhambikecoop.org

Who are the executives of Durham Bicycle Cooperative and what are their salaries?


Here are 7 key members and their salaries:


Mike Close (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Swenson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mason Manis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillary Porter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Sharpe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Steeves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Walpole (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.durhambikecoop.org

Where can I find the form 990EZ for Durham Bicycle Cooperative?

Durham Bicycle Cooperative's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.durhambikecoop.org

Learn more at the official website: www.durhambikecoop.org

Mission Statement of Durham Bicycle Cooperative

Durham Bicycle Cooperative, a community-focused organization, is dedicated to providing affordable bicycles and fostering bicycle repair skills among its local residents. The cooperative accomplishes this mission by collaborating with various social service agencies, enabling it to distribute bicycles and safety accessories to those in need. The mechanics from Durham Bicycle Cooperative engage with case workers and other professionals from their network, ensuring that the bicycles are distributed effectively.

Beyond distributing bicycles, Durham Bicycle Cooperative also operates a repair shop, which is accessible to both its members and the wider community. During open shop hours and special clinics, the cooperative offers hands-on repair skills to its participants, empowering them to maintain and repair their own bicycles. This approach not only promotes self-sufficiency but also encourages a sense of community and shared knowledge around bicycle maintenance.

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Impact




August, 2024

Durham Bicycle Cooperative's impact can be seen in the way it provides low-cost bicycles and hands-on learning about bicycle repair to the Durham community. By working with a network of social service agencies, the cooperative helps provide bicycles and safety accessories to those in need. Additionally, the cooperative operates a repair shop for members and the community, offering valuable skills and empowering individuals to fix their own bikes. Through its mission, Durham Bicycle Cooperative contributes to promoting recreation, building community connections, and promoting sustainable transportation options in Durham, NC.




This information is meant to be a general summary of Durham Bicycle Cooperative. 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
$58,638 (2022)
Expenses
$41,489 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $42
  • Program Service Revenue: $1,243
  • Gross Receipts: $77,560

Assets and Liabilities:

  • Total Assets: $188,314
  • Total Liabilities: $255
  • Net Assets: $188,059

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Organization Details

Principal Officer

Mike Close

Main Address

PO Box 1225, DURHAM, NC, 27702

NTEE Category

Code: N31 - Recreation

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