Overview
What is Matrix Cycle Club?
Matrix Cycle Club is a nonprofit organization that champions the joy and advantages of cycling, both recreationally and competitively. By serving as a social club, the organization aims to foster a sense of camaraderie among its members and encourages participation in various bicycling programs. Matrix Cycle Club's mission is multifaceted, encompassing the promotion of cycling as a fun and health-boosting activity, while simultaneously highlighting the sport's competitive aspects.
Is Matrix Cycle Club legitimate?
Matrix Cycle Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Matrix Cycle Club 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.
What is the mission statement of Matrix Cycle Club?
Matrix Cycle Club, in its mission, fosters both recreational and competitive bicycling. The social club aims to promote biking as an enjoyable and health-enhancing activity, while simultaneously highlighting the sport's competitive side. The club's programs are designed to encourage this dual focus, fostering a community of cycling enthusiasts.
Who is the CEO of Matrix Cycle Club?
Rob Yates is the President of Matrix Cycle Club.
What is the revenue of Matrix Cycle Club?
Matrix Cycle Club's revenue in 2022 was $55,486.
Who are the executives of Matrix Cycle Club and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Matrix Cycle Club?
Matrix Cycle Club's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Matrix Cycle Club
Matrix Cycle Club, a social club, is dedicated to fostering both recreational and competitive bicycling. Their mission revolves around promoting biking as an enjoyable and health-conscious activity while also highlighting the sport's competitive side. By organizing various programs, Matrix Cycle Club encourages its members to engage in cycling, whether they prefer leisurely rides or competitive races.
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Impact
October, 2024
Matrix Cycle Club plays a significant role in enhancing community health and fostering camaraderie among biking enthusiasts in Plano, TX. By promoting recreational and competitive cycling, the club creates an avenue for individuals of all ages and skill levels to engage in a fun and healthy activity.
Through various programs, Matrix Cycle Club encourages participants to explore the joys of biking, which not only contributes to physical fitness but also improves mental well-being. The club helps create a vibrant biking community, fostering social connections and support among members. This sense of belonging can significantly enrich the lives of participants, making cycling a shared and enjoyable experience.
Additionally, by emphasizing the competitive aspects of the sport, Matrix Cycle Club inspires members to challenge themselves, set personal goals, and strive for improvement. This approach not only cultivates a spirit of perseverance and achievement but also elevates the overall biking culture in the area.
In summary, Matrix Cycle Club’s impact extends beyond mere recreation; it nurtures a community of active individuals who appreciate biking both as a leisure activity and a competitive pursuit, contributing to healthier lifestyles and stronger social bonds within the community.
This information is meant to be a general summary of Matrix Cycle Club. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $55,486
Assets and Liabilities:
- Total Assets: $30,435
- Total Liabilities: $0
- Net Assets: $30,435
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Organization Details
Principal Officer
Rob Yates
Main Address
2020 MOSSBERG DRIVE, PLANO, TX, 75023
NTEE Category
Code: N60 - Recreation
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