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Jam Cycling Fund Inc

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

EIN: 455638408 ✦ Pelham, MA ✦ Designated as a 501(c)(3)

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Overview

What is Jam Cycling Fund Inc?

Jam Cycling Fund Inc is a nonprofit organization dedicated to fostering growth in the athletic sport of cycling. Their mission encompasses safety training, skill development, coaching, and the promotion of best practices, all aimed at breaking down financial barriers. To further their cause, they sponsor competitive cycling teams, covering their travel expenses to participate in events and increasing public awareness. Additionally, the fund offers financial assistance to riders to help maintain their equipment. Through these initiatives, Jam Cycling Fund Inc seeks to empower and support cyclists, fostering a vibrant and inclusive cycling community.

Is Jam Cycling Fund Inc legitimate?

Jam Cycling Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jam Cycling Fund 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.

What is the mission statement of Jam Cycling Fund Inc?

The Jam Cycling Fund's mission is centered around promoting the athletic sport of cycling. They achieve this by offering education through safety training, skill development, coaching, and the teaching of best practices. The organization strives to eliminate financial barriers in cycling. To increase public awareness, they cover the travel expenses of competitive cycling teams for events. Furthermore, the fund provides grants to aid riders in maintaining their equipment. One of their programs involves sponsoring the race and travel expenses for competitive cycling teams.

Who is the CEO of Jam Cycling Fund Inc?

Jeremy Powers is the President of Jam Cycling Fund Inc.

What is the revenue of Jam Cycling Fund Inc?

Jam Cycling Fund Inc's revenue in 2022 was $17,078.

Who are the executives of Jam Cycling Fund Inc and what are their salaries?


Here are 3 key members and their salaries:


Jeremy Powers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mukunda Feldman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alec Donahue (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Jam Cycling Fund Inc?

Jam Cycling Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Jam Cycling Fund Inc

Jam Cycling Fund Inc, a nonprofit organization, is devoted to promoting the athletic sport of cycling through various means. Their primary mission is to offer education and opportunities in this field by providing safety training, skill development, coaching, and teaching best practices. The organization strives to eliminate or reduce financial barriers for individuals interested in cycling, ensuring that everyone has an equal chance to participate.

Moreover, Jam Cycling Fund Inc supports cycling enthusiasts by covering their travel expenses for participating in events such as CX and road races. This not only allows riders to showcase their skills but also increases public awareness about the sport. Furthermore, the fund awards grants to riders to help cover the cost of maintaining their equipment, enabling them to continue their passion for cycling without facing significant financial burdens. One of the organization's programs involves supporting the road team's race and travel expenses, enabling them to compete in various events and further promote the sport.

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Impact




August, 2024

Jam Cycling Fund Inc's impact can be seen through its dedication to providing education and opportunities in the athletic sport of cycling. By offering safety training, skill-building, coaching, and teaching best practices, the fund aims to reduce or eliminate financial barriers that may hinder individuals from participating in cycling. Additionally, the fund has facilitated the participation of CX and road teams in events by covering travel expenses, thereby promoting public awareness of the sport.

Moreover, Jam Cycling Fund Inc has been able to award grants to riders, helping them cover the costs of maintaining their equipment. One notable program includes paying for the road team's race and travel expenses, enabling them to compete in various events and furthering their skills and experience in the sport. This commitment to fostering cycling opportunities and supporting riders showcases the significant impact that Jam Cycling Fund Inc has in the cycling community.




This information is meant to be a general summary of Jam Cycling Fund 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
$17,078 (2022)
Expenses
$27,893 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $33,842

Assets and Liabilities:

  • Total Assets: $20,589
  • Total Liabilities: $0
  • Net Assets: $20,589

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Organization Details

Principal Officer

Jeremy Powers

Main Address

212 AMHERST ROAD, PELHAM, MA, 01002

NTEE Category

Code: N30 - Recreation

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