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Long Island Bike Challenge Inc

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

EIN: 273334500 ✦ Wantagh, NY ✦ Designated as a 501(c)(3)

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Overview

What is Long Island Bike Challenge Inc?

Long Island Bike Challenge Inc is a nonprofit organization that hosts an annual charity bike ride each August's first Sunday. Their primary objective is to collect funds for groundbreaking medical research, specifically to combat all types of cancer. These funds are donated to the Feinstein Institute for Medical Research, which is renowned for its innovative work. The bike ride serves as a significant platform for this cause, attracting participants who contribute financially to the organization's mission.


Official website here: www.lichallenge.org

Is Long Island Bike Challenge Inc legitimate?

Long Island Bike Challenge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Island Bike Challenge 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.lichallenge.org

What is the mission statement of Long Island Bike Challenge Inc?

The Long Island Bike Challenge Inc., as an organization, is dedicated to raising funds for advanced medical research aimed at eradicating all types of cancer. This is achieved through an annual charity bike ride held in August. The primary goal of the Long Island Bike Challenge is to donate these collected funds to the Feinstein Institute for Medical Research. Their mission is centered around contributing to groundbreaking cancer research, with the ultimate objective of defeating this widespread disease.


Official website here: www.lichallenge.org

Who is the CEO of Long Island Bike Challenge Inc?

Unavailable


Official website here: www.lichallenge.org

What is the revenue of Long Island Bike Challenge Inc?

Long Island Bike Challenge Inc's revenue in 2022 was $78,629.


Official website here: www.lichallenge.org

Who are the executives of Long Island Bike Challenge Inc and what are their salaries?


There is 1 key member and their salary:


Edward Diller (Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0


Official website here: www.lichallenge.org

Where can I find the form 990EZ for Long Island Bike Challenge Inc?

Long Island Bike Challenge Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.lichallenge.org

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

Mission Statement of Long Island Bike Challenge Inc

The Long Island Bike Challenge (LIBC) is a prominent organization with a mission to make a significant impact in the fight against cancer. Established with the objective of raising funds, this charitable entity organizes an annual long-distance bike ride, held on the first Sunday of August. The funds raised are intended for supporting cutting-edge medical research at the Feinstein Institute for Medical Research, with the ultimate goal of defeating all types of cancer. By participating in this event, the Long Island Bike Challenge (LIBC) contributes to advancing medical knowledge and strengthening the global effort to eradicate this debilitating disease.

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Impact




August, 2024

Long Island Bike Challenge Inc has a significant impact on advancing state-of-the-art medical research to combat various forms of cancer. Through their annual charity bike ride held in August, they raise funds that are then donated to the Feinstein Institute for Medical Research. This direct support enables crucial research efforts aimed at defeating cancer and improving treatments for those affected by the disease. The organization's dedication to this cause plays a vital role in contributing to the ongoing fight against cancer, ultimately benefiting individuals and families affected by this challenging illness.




This information is meant to be a general summary of Long Island Bike Challenge 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
$78,629 (2022)
Expenses
$89,261 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $78,629

Assets and Liabilities:

  • Total Assets: $14,173
  • Total Liabilities: $0
  • Net Assets: $14,173

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Organization Details

Main Address

1366 ODELL STREET, WANTAGH, NY, 11793

NTEE Category

Code: H114 - Medical research

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