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Foundation Cycling New York Inc

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

EIN: 270475687 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Cycling New York Inc?

Foundation Cycling New York Inc is a nonprofit organization located at 201 East 77th Street, New York, NY 10075. Their primary mission is to promote and nurture amateur cycling talents for national and international competitions. They offer intensive week-long group training sessions to prepare individuals for these high-level races. The foundation is dedicated to supporting and developing amateur cyclists, aiming to empower them to excel on a global stage.


Official website here: www.foundationcyclingnewyork.org

Is Foundation Cycling New York Inc legitimate?

Foundation Cycling New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Cycling New York Inc 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: $0

For more financial information, click here


Official website here: www.foundationcyclingnewyork.org

What is the mission statement of Foundation Cycling New York Inc?

Foundation Cycling New York Inc is dedicated to promoting and nurturing amateur cycling competition at a national and international level. Their primary objective is to support and develop talented amateur cyclists, preparing them for high-level competitions both domestically and internationally. They facilitate week-long group training sessions to enhance the athletes' skills and fitness, ultimately preparing them for national and international-level amateur races.


Official website here: www.foundationcyclingnewyork.org

Who is the CEO of Foundation Cycling New York Inc?

Jill Wolf is the CEO of Foundation Cycling New York Inc The CEO's salary of Foundation Cycling New York Inc is $0 and their total compensation is $0.


Official website here: www.foundationcyclingnewyork.org

What is the revenue of Foundation Cycling New York Inc?

Foundation Cycling New York Inc's revenue in 2023 was $96,139.


Official website here: www.foundationcyclingnewyork.org

Who are the executives of Foundation Cycling New York Inc and what are their salaries?

There 3 volunteers at Foundation Cycling New York Inc.

Here are 4 key members and their salaries (Foundation Cycling New York Inc's CEO's salary is $0 and their total compensation is $0):


Richard Wolf (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Garguilo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Magyera (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Wolf (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foundationcyclingnewyork.org

Where can I find the form 990 for Foundation Cycling New York Inc?

Foundation Cycling New York Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.foundationcyclingnewyork.org

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

Mission Statement of Foundation Cycling New York Inc

Foundation Cycling New York Inc is dedicated to promoting and nurturing amateur cycling competitions on a national and international level. The organization's primary goal is to develop and support young cycling athletes, aiming to prepare them for national and international competitions. This is achieved through organized weekly group training sessions, designed to enhance their skills and readiness for these high-level races.

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Impact




October, 2024

Foundation Cycling New York Inc has a significant impact on the cycling community by fostering both national and international amateur cycling competition. It provides an essential platform for developing amateur athletes, focusing on their training and preparation for competitive racing. The organization conducts week-long group training sessions designed to enhance skills and teamwork, ultimately aiming to elevate participants to race at higher levels.

Through its commitment to training, Foundation Cycling cultivates a supportive environment where athletes can grow and refine their abilities. This not only promotes physical fitness and personal development but also encourages teamwork and camaraderie among participants. The organization’s efforts contribute to the overall advancement of amateur cycling, enabling athletes to compete at national and international levels, thus enriching the cycling landscape in New York and beyond.




This information is meant to be a general summary of Foundation Cycling New York 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.

Revenue
$96,139 (2023)
Expenses
$116,421 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $18
  • Gross Receipts: $96,139

Assets and Liabilities:

  • Total Assets: $80,249
  • Total Liabilities: $53,363
  • Net Assets: $26,886

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Organization Details

Founding Year

2009

Principal Officer

Richard Wolf

NTEE Category

Code: N70 - Recreation

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