Overview
What is Midwest Bikeshare Inc?
Midwest Bikeshare Inc, based in Milwaukee, Wisconsin, operates the bike-sharing system Bublr Bikes. This nonprofit organization, led by Angela Sprau, is dedicated to promoting sustainability and excellence in bike-sharing, also incorporating environmental education into its mission. By providing a bike-sharing system, Midwest Bikeshare Inc aims to offer an eco-friendly transportation alternative for all residents and visitors of the city.
Official website here: www.bublrbikes.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
Midwest Bikeshare Inc has achieved a high level of performance with a 97% rating, indicating strong accountability and financial management. The organization received an impressive score of 96% for its Accountability & Finance, showcasing its commitment to transparency and efficient use of resources. Additionally, it boasts 100% independent board members and a solid financial oversight structure, highlighting robust governance practices.
The nonprofit excels in its cultural and community initiatives, scoring a perfect 100% in both Culture & Community and Leadership & Adaptability. This suggests that the organization not only meets the operational standards but also fosters a positive environment that promotes engagement and responsiveness to community needs. Furthermore, the program expense ratio stands at 78.78%, indicating that a significant portion of funds is directed toward its core mission rather than administrative costs.
While the organization has demonstrated remarkable strengths, the specific scores in Leadership & Adaptability and Culture & Community reflect areas that may not have been evaluated as thoroughly compared to financial metrics. Nonetheless, the overall data paints a picture of a well-managed nonprofit that effectively serves its mission and the community it supports.
This AI summary has been generated from information found on Charity Navigator.
Is Midwest Bikeshare Inc legitimate?
Midwest Bikeshare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Bikeshare Inc 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: $77,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,455
For more financial information, click here
Official website here: www.bublrbikes.org
What is the mission statement of Midwest Bikeshare Inc?
Midwest Bikeshare Inc's mission is to provide a sustainable and high-quality bikeshare system for all, focusing on environmental education. The organization aims to make this system accessible to everyone, promoting a greener mode of transportation and urban mobility. By doing so, they contribute to creating a more eco-friendly and connected community.
Official website here: www.bublrbikes.org
Who is the CEO of Midwest Bikeshare Inc?
Angela Sprau is the Treasurer of Midwest Bikeshare Inc.
Official website here: www.bublrbikes.org
What is the revenue of Midwest Bikeshare Inc?
Midwest Bikeshare Inc's revenue in 2022 was $1,688,970.
Official website here: www.bublrbikes.org
Who are the executives of Midwest Bikeshare Inc and what are their salaries?
The average compensation at Midwest Bikeshare Inc during 2022 was $16,748. There are 25 employees and 47 volunteers at Midwest Bikeshare Inc.
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Official website here: www.bublrbikes.org
Where can I find the form 990 for Midwest Bikeshare Inc?
Midwest Bikeshare Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bublrbikes.org
Learn more at the official website: www.bublrbikes.org
Mission Statement of Midwest Bikeshare Inc
Midwest Bikeshare Inc, under the leadership of Angela Sprau, is committed to delivering a sustainable and top-notch bikeshare system for all. Their mission revolves around providing an environmentally-friendly bikeshare solution, aiming to make it accessible to everyone. By emphasizing on education about the environment, Midwest Bikeshare Inc is not just promoting an eco-friendly mode of transportation, but also fostering a culture of sustainability. Their goal is to create a bikeshare system that caters to everyone, promoting a healthier and greener lifestyle.
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Impact
June, 2024
Midwest Bikeshare Inc, operating under the name BUBLR BIKES in Milwaukee, WI, is making a significant impact on the community by delivering a sustainable and excellent bikeshare system for all. Led by Angela Sprau, the organization focuses on environmental education to promote sustainable transportation options. BUBLR BIKES' mission to provide access to a bikeshare system for all members of the community contributes to reducing carbon emissions and promoting healthy, active living. Through these efforts, Midwest Bikeshare Inc is positively impacting the environment and the overall well-being of the Milwaukee community.
This information is meant to be a general summary of Midwest Bikeshare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $319,221
- Gross Receipts: $1,688,970
Assets and Liabilities:
- Total Assets: $1,840,616
- Total Liabilities: $139,947
- Net Assets: $1,700,669
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BIKE SHARE PASS AND USAGE
Revenue
$299,417
OTHER
Revenue
$19,804
Organization Details
Founding Year
2012
Phone
(414) 931-1121Principal Officer
Angela Sprau
Main Address
PO BOX 235, MILWAUKEE, WI, 53201
Website
www.bublrbikes.orgNTEE Category
Code: C60 - Environment
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