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Shenandoah Fall Foliage Bike Festival

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

EIN: 621858663 ✦ Staunton, VA ✦ Designated as a 501(c)(3)

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Overview

What is Shenandoah Fall Foliage Bike Festival?

The Shenandoah Fall Foliage Bike Festival is an annual event, typically held over three days in October, dedicated to promoting and fostering cycling tourism. This nonprofit organization collaborates with local civic and community groups to ensure a successful event, utilizing their services. A significant portion of the festival's annual earnings, approximately 75%, is allocated for charitable contributions, returning funds back into the community. By hosting this event, Shenandoah Fall Foliage Bike Festival aims to contribute positively to the local area while encouraging cycling enthusiasts from around the region.


Official website here: www.shenandoahbike.org

Is Shenandoah Fall Foliage Bike Festival legitimate?

Shenandoah Fall Foliage Bike Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shenandoah Fall Foliage Bike Festival 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.shenandoahbike.org

What is the mission statement of Shenandoah Fall Foliage Bike Festival?

The Shenandoah Fall Foliage Bike Festival's mission is geared towards promoting cycling tourism. They achieve this by organizing an annual three-day event in October. The festival employs local civic and community groups to provide necessary services. A significant portion of their annual profits, specifically 75%, is earmarked for charitable contributions back to the community. In essence, the festival aims to boost the local economy and contribute to the community's welfare.


Official website here: www.shenandoahbike.org

Who is the CEO of Shenandoah Fall Foliage Bike Festival?

Jackie Mcgovern is the Treasurer of Shenandoah Fall Foliage Bike Festival.


Official website here: www.shenandoahbike.org

What is the revenue of Shenandoah Fall Foliage Bike Festival?

Shenandoah Fall Foliage Bike Festival's revenue in 2022 was $55,949.


Official website here: www.shenandoahbike.org

Who are the executives of Shenandoah Fall Foliage Bike Festival and what are their salaries?


Here are 2 key members and their salaries:


Jackie Mcgovern (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarabeth Johnson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shenandoahbike.org

Where can I find the form 990EZ for Shenandoah Fall Foliage Bike Festival?

Shenandoah Fall Foliage Bike Festival's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.shenandoahbike.org

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

Mission Statement of Shenandoah Fall Foliage Bike Festival

The Shenandoah Fall Foliage Bike Festival, an annual three-day event held in October, is dedicated to promoting and fostering cycling tourism. The organization takes pride in collaborating with local civic and community groups to ensure the successful delivery of services. Notably, 75% of the festival's annual profits are earmarked for charitable contributions, which are subsequently returned to the community. This commitment to giving back to the community is a testament to the festival's dedication to supporting and enhancing the local area.

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Impact




August, 2024

The Shenandoah Fall Foliage Bike Festival has a significant impact on the local community and economy in Staunton, VA. By hosting a yearly 3-day bike festival in October, the event attracts cyclists and tourists to the area, boosting tourism and local businesses. Additionally, the festival creates employment opportunities for local civic and community groups who provide services during the event.

Moreover, the festival's commitment to returning 75% of its yearly profit to the community in charitable contributions further enhances its impact. This financial support can help fund various community projects, programs, and initiatives, contributing to the overall well-being and development of the local area.

Overall, the Shenandoah Fall Foliage Bike Festival plays a vital role in promoting cycling tourism, supporting local businesses and organizations, and giving back to the community in Staunton, VA.




This information is meant to be a general summary of Shenandoah Fall Foliage Bike Festival. 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
$55,949 (2022)
Expenses
$61,718 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12
  • Program Service Revenue: $55,591
  • Gross Receipts: $61,594

Assets and Liabilities:

  • Total Assets: $43,669
  • Total Liabilities: $0
  • Net Assets: $43,669

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Organization Details

Principal Officer

Jackie Mcgovern

Main Address

PO Box 3267, Staunton, VA, 24401

NTEE Category

Code: N60 - Recreation

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