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Slc Bike Share

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

EIN: 453547978 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

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Overview

What is Slc Bike Share?

Slc Bike Share is a nonprofit organization situated in Salt Lake City, Utah, with a focus on promoting sustainable transportation. Based at 150 S State St, the organization provides access to bicycles from a network of automated stations, connecting downtown Salt Lake City residents, visitors, and office workers with nearby employment centers, major transit stops, and popular destinations for food, drink, and entertainment. This bike-sharing initiative aims to enhance health, improve air quality, and enrich the overall quality of life. Additionally, Slc Bike Share serves as a mechanism for incentivizing infill development, reducing traffic congestion, and saving public dollars by extending the roadway life cycle. The organization's mission is to provide an environmentally responsible transportation alternative for downtown travelers, employing a total workforce of 29 individuals.


Official website here: www.greenbikeslc.org

Is Slc Bike Share legitimate?

Slc Bike Share is a legitimate nonprofit organization registered as a 501(c)(3) entity. Slc Bike Share 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: $104,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $462,658

For more financial information, click here


Official website here: www.greenbikeslc.org

What is the mission statement of Slc Bike Share?

Slc Bike Share's mission is to offer an environmentally friendly transportation alternative to downtown travelers. This is achieved through a bike-sharing program, allowing the public to access bikes from a network of automated stations. By connecting commuters, visitors, and residents to nearby employment centers, major transit stops, and popular destinations for food, drink, and entertainment, the organization aims to improve health, air quality, and overall quality of life. Additionally, Slc Bike Share serves as a mechanism to incentivize infill development, reduce traffic congestion, and save public dollars by extending the roadway life cycle.


Official website here: www.greenbikeslc.org

Who is the CEO of Slc Bike Share?

Stan Penfold is the Chair of Slc Bike Share.


Official website here: www.greenbikeslc.org

What is the revenue of Slc Bike Share?

Slc Bike Share's revenue in 2022 was $449,491.


Official website here: www.greenbikeslc.org

Who are the executives of Slc Bike Share and what are their salaries?

The average compensation at Slc Bike Share during 2022 was $19,572. There are 29 employees and 10 volunteers at Slc Bike Share.


Here are 13 key members and their salaries:


Matt Sibul (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jory Johner (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Murdock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Olson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Allen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dj Baxter (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Mendenhall (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Reid (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Goedhart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Larsen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Smart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaina Quinn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Bolte (Executive Director)
  • Compensation: $104,927
  • Related: $0
  • Other: $0


Official website here: www.greenbikeslc.org

Where can I find the form 990 for Slc Bike Share?

Slc Bike Share's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greenbikeslc.org

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

Mission Statement of Slc Bike Share

Slc Bike Share, as an urban transportation solution, is committed to providing an environmentally responsible alternative for downtown travelers. Their mission is to accomplish this through a bike-sharing program. By connecting office workers, visitors, and residents to nearby employment centers, major transit stops, and popular destinations for food, drink, and entertainment, Slc Bike Share aims to enhance health, improve air quality, and boost the overall quality of life. Moreover, this initiative serves as a mechanism to incentivize infill development, reduce traffic congestion, and save public dollars by extending the roadway life cycle.

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Impact




October, 2024

Slc Bike Share significantly impacts downtown Salt Lake City by providing an accessible and environmentally responsible transportation option for residents, visitors, and office workers. By offering a network of automated bike stations, it facilitates easy access to bicycles, promoting active commuting and reducing reliance on personal vehicles.

The program enhances mobility by connecting users with key employment centers, major transit stops, and popular destinations, making it a vital part of the urban transportation landscape. The initiative contributes to improved air quality, healthier lifestyles, and an overall enhanced quality of life for the community.

Additionally, Slc Bike Share plays a role in incentivizing infill development, which helps to further reduce traffic congestion and extend the lifespan of existing road infrastructure. This multifaceted approach not only promotes sustainable transportation but also supports economic growth and community vitality in Salt Lake City.




This information is meant to be a general summary of Slc Bike Share. 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
$449,491 (2022)
Expenses
$1,438,768 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $675
  • Program Service Revenue: $101,705
  • Gross Receipts: $449,491

Assets and Liabilities:

  • Total Assets: $1,449,696
  • Total Liabilities: $64,650
  • Net Assets: $1,385,046

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BIKE USAGE FEES

Revenue

$101,705

Organization Details

Founding Year

2011

Principal Officer

Stan Penfold

Main Address

150 S STATE ST, SALT LAKE CITY, UT, 84111

NTEE Category

Code: W40 - Public benefit

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