Overview
What is Cherry Capital Cycling Club?
The Cherry Capital Cycling Club, situated in Traverse City, Michigan, is a nonprofit organization dedicated to fostering a cycling community as an integral part of a healthy lifestyle. They achieve this by organizing various cycling events and rides, offering social opportunities for their members, and advocating for bicycle safety. The club is renowned for hosting two annual bicycle tours in Leelanau County and Torch Lake Michigan, attracting 500 and 1150 participants respectively. The earnings from these tours are distributed to community organizations such as Traverse Area Recreational Trails, Inc., and also contribute to the club's operational expenses.
Official website here: www.cherrycapitalcyclingclub.org
Is Cherry Capital Cycling Club legitimate?
Cherry Capital Cycling Club is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cherry Capital Cycling 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.
Official website here: www.cherrycapitalcyclingclub.org
What is the mission statement of Cherry Capital Cycling Club?
The Cherry Capital Cycling Club fosters a cycling community as a part of a healthy lifestyle. They accomplish this by organizing rides and events, providing social opportunities for members, and advocating for bicycle safety. The club is renowned for sponsoring two bicycle tours annually, attracting 500 and 1150 participants respectively. These tours serve multiple purposes; they not only engage the cycling community but also generate funds that are donated to community organizations. Moreover, the earnings from these events contribute significantly to the club's operational budget.
Official website here: www.cherrycapitalcyclingclub.org
Who is the CEO of Cherry Capital Cycling Club?
James Pecot is the President of Cherry Capital Cycling Club.
Official website here: www.cherrycapitalcyclingclub.org
What is the revenue of Cherry Capital Cycling Club?
Cherry Capital Cycling Club's revenue in 2022 was $70,649.
Official website here: www.cherrycapitalcyclingclub.org
Who are the executives of Cherry Capital Cycling Club and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.cherrycapitalcyclingclub.org
Where can I find the form 990EZ for Cherry Capital Cycling Club?
Cherry Capital Cycling Club's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.cherrycapitalcyclingclub.org
Learn more at the official website: www.cherrycapitalcyclingclub.org
Mission Statement of Cherry Capital Cycling Club
Cherry Capital Cycling Club, a dedicated organization, strives to foster a vibrant cycling community as a part of promoting a health-conscious lifestyle. By organizing various rides and cycling events, the club provides ample opportunities for its members to socialize and engage with fellow cyclists. Beyond this, Cherry Capital Cycling Club also emphasizes bicycle safety, ensuring that its activities are conducted in a manner that promotes the well-being of its participants.
Aside from its cycling events, the club sponsors two significant bicycle tours around Leelanau County and Torch Lake Michigan, attracting 500 and 1150 participants respectively. These tours serve as a primary source of funds for the club, which are subsequently donated to community organizations such as Traverse Area Recreational Trails, Inc. Furthermore, the earnings from these tours contribute to the club's operating budget, ensuring its continued existence and ability to serve its members.
In summary, Cherry Capital Cycling Club is an organization that utilizes cycling as a means of promoting a healthy lifestyle and fostering a sense of community. Through its various events, the club encourages safe cycling and provides opportunities for social interaction. Moreover, the club's fundraising initiatives, such as its sponsored bicycle tours, support both local community organizations and the club's own operating budget.
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Impact
October, 2024
Cherry Capital Cycling Club significantly enriches the cycling community in Traverse City, MI, by promoting a healthy and active lifestyle. The club organizes a variety of rides and cycling events, fostering social connections among members while prioritizing bicycle safety. Notable activities include two large-scale bicycle tours around Leelanau County and Torch Lake, drawing 500 and 1,150 participants respectively. These events not only offer recreational opportunities but also generate funds that are reinvested into the local community. Proceeds benefit organizations like Traverse Area Recreational Trails, Inc., supporting the development of local trails and enhancing the overall cycling infrastructure. This commitment to community well-being and engagement underscores the club's vital role in nurturing an enduring cycling culture in the region.
This information is meant to be a general summary of Cherry Capital Cycling 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.
- Investment Income: $34
- Program Service Revenue: $5,015
- Gross Receipts: $129,359
Assets and Liabilities:
- Total Assets: $80,114
- Total Liabilities: $0
- Net Assets: $80,114
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Organization Details
Phone
(231) 392-6538Principal Officer
James Pecot
Main Address
PO Box 1807, Traverse City, MI, 496851807
NTEE Category
Code: N60 - Recreation
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