Overview
What is Nice Ride Minnesota?
Nice Ride Minnesota is a nonprofit organization based in Minneapolis, Minnesota. Their primary mission is to improve urban vitality and promote physical activity by overseeing a public bike-sharing system. This program offers a low-cost, eco-friendly transportation alternative, reducing congestion, dependence on fossil fuels, and emissions. Prior to 2018, they owned and operated the system, which included 201 stations and 1,850 bicycles. In 2018, they began a transition, remaining the exclusive licensee of the City of Minneapolis until 2021, during which they contracted with Motivate Minnesota LLC (later merged with Lyft Bikes & Scooters) to operate the system. This transition impacted their financial statements, as they no longer employed an operations staff or raised funds for new equipment. Nice Ride Minnesota continued to own the grant-funded equipment until 2023, generating revenue from its operation. Beyond this oversight work, they advocate for shared mobility services to achieve public goals, sharing their transition agreements as an example. Their grant-funded agreements expired in 2021, marking the end of a twelve-year pilot project. Nice Ride Minnesota aims to enhance the quality of life of residents and visitors by providing a convenient, healthy, and fun alternative transportation option.
Official website here: www.managesharedmobilitymn.org
Is Nice Ride Minnesota legitimate?
Nice Ride Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nice Ride Minnesota 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.
Here are some key statistics you may want to consider:
Executive Compensation: $34,814
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nice Ride Minnesota?
Nice Ride Minnesota's mission is centered around enhancing the quality of life for residents and visitors by offering convenient and easy-to-use bike-sharing programs. These programs provide a healthy, enjoyable, and alternative means of transportation, aiming to increase physical activity levels, reduce traffic congestion, and lessen reliance on fossil fuels and vehicle emissions. The bike-sharing system complements public transit and car-sharing programs, offering more transportation options. During a transition period, Nice Ride Minnesota oversaw the operation of the system, ensuring quality, reliability, equity, and proper use of rights-of-way, as outlined in their updated business plan. Post-transition, they continued to own the old equipment and generate revenue from its use, while advocating for shared mobility services to achieve public goals with other cities and nonprofits.
Official website here: www.managesharedmobilitymn.org
Who is the CEO of Nice Ride Minnesota?
Bill Dossett is the President of Nice Ride Minnesota.
Official website here: www.managesharedmobilitymn.org
What is the revenue of Nice Ride Minnesota?
Nice Ride Minnesota's revenue in 2022 was $483,770.
Official website here: www.managesharedmobilitymn.org
Who are the executives of Nice Ride Minnesota and what are their salaries?
The average compensation at Nice Ride Minnesota during 2022 was $34,814. There are 1 employees and 11 volunteers at Nice Ride Minnesota.
Here are 12 key members and their salaries:
- Bill Dossett (Executive Director)
- Mark Bixby (President) [Trustee/Director]
- Michael Laux (Treasurer) [Trustee/Director]
- Jim Van Iwaarden (Secretary) [Trustee/Director]
- Lisa Austin (Director)
- Rt Rybak (Director)
- Michael Sammler-Jones (Director)
- Steve Sanders (Director)
- Edward Surko (Director)
- Latrisha Vetaw (Director)
- Perry Wilson (Director)
- Elliott Mcfadden (Director)
Official website here: www.managesharedmobilitymn.org
Where can I find the form 990 for Nice Ride Minnesota?
The Nice Ride Minnesota’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.managesharedmobilitymn.org
Learn more at the official website: www.managesharedmobilitymn.org
Mission Statement of Nice Ride Minnesota
Nice Ride Minnesota, a nonprofit organization, is dedicated to enhancing the quality of life in various communities. They achieve this by providing convenient and easy-to-use bike-sharing and fleet programs. This initiative offers residents and visitors a healthy, enjoyable, and distinctive mode of transportation within urban areas. By promoting physical activity, reducing congestion, decreasing reliance on fossil fuels, and boosting urban vitality, Nice Ride Minnesota aims to contribute positively to the community. The bike-sharing system complements public transit and car-sharing programs, providing numerous transportation options. In the past, Nice Ride Minnesota owned and operated the bike-sharing system, which included 201 stations and 1,850 bicycles. However, in 2018, the organization began a transition, becoming the exclusive licensee of the bike-sharing system in Minneapolis for a limited period. During this time, they contracted with Motivate Minnesota LLC to operate the system, which subsequently merged into Lyft Bikes & Scooters. This transition had a significant impact on Nice Ride Minnesota's financial statements, as they no longer employed an operations staff or raised funds to purchase new equipment. Despite this, Nice Ride Minnesota continued to oversee the operation of the aging grant-funded equipment until 2023, generating revenue from that equipment and the operating fee for the system. Additionally, the organization engaged in advocacy, sharing the results of its transition agreements with other cities and nonprofits as an example and advocating for joint action by right-of-way owners to contract with privately-funded shared mobility services to achieve public goals.
Impact
This information is meant to be a general summary of Nice Ride Minnesota. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Nice Ride Minnesota's impact can be seen in the way it enhances the quality of life for residents and visitors in Minneapolis. By providing a convenient and easy-to-use bike sharing system, Nice Ride Minnesota offers a healthy, fun, and sustainable way for people to get around town. This initiative helps to increase physical activity levels, reduce congestion, lessen dependence on fossil fuels and auto emissions, and enhance urban vitality. The program complements public transit and car-sharing options, offering greater transportation choices to the community. Overall, Nice Ride Minnesota's efforts contribute to a more active, environmentally friendly, and vibrant cityscape.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GRANT FUNDED EQUIP REV
Revenue
$391,770
OPERATING FEES
Revenue
$65,000
MOTIVATE MONTHLY REV
Revenue
$27,000
Organization Details
Founding Year
2008
Phone
(612) 747-4659
Principal Officer
Bill Dossett
Main Address
2428 BRYANT AVENUE SOUTH, MINNEAPOLIS, MN, 55405
NTEE Category
Code: W40 - Public benefit
If you are a representative of Nice Ride Minnesota and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.