Overview
What is Salt Lake City Bicycle Collective?
The Salt Lake City Bicycle Collective is a dedicated nonprofit organization situated in Salt Lake City, Utah. Their mission revolves around advocating for cycling as an eco-friendly and beneficial mode of transportation and community enhancement. In 2022, they received 5,206 bicycles through donations and distributed 3,038 of them to the community, including 944 for children and 578 for adults. The organization also sold 1,455 bikes to support their operations. With the help of 531 volunteers who donated 8,219 hours, the collective recycled 77 tons of material, primarily metal and rubber. They have a program called Goodwill Bikes that offers free bicycles to low-income individuals and children. In 2022, the organization launched a digital platform to expand its reach, significantly boosting its online sales and revenue. The Salt Lake City Bicycle Collective's initiatives focus on promoting cycling as a sustainable and healthy lifestyle choice, particularly within the community's lower-income households and children.
Official website here: www.bicyclecollective.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Salt Lake City Bicycle Collective has received an 81% rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. The score primarily reflects the organization's commitment to financial transparency and ethical governance, with a perfect score on independent board members and material diversion of assets. The high program expense ratio of 88.79% also suggests that the majority of its expenditures are directed towards its mission-related activities.
Strengths of the organization include its established policies on conflict of interest and document retention, both of which contribute to its overall financial integrity. Additionally, the collective has successfully maintained a low liability-to-assets ratio, demonstrating sound financial health. The presence of comprehensive board meeting minutes and the listing of its tax forms further indicate a commitment to transparency.
However, the organization does have a limitation in that it lacks a formal whistleblower policy, which could be an important aspect of accountability for its stakeholders. Despite this, the overall rating suggests that the Salt Lake City Bicycle Collective is effectively managed and dedicated to its mission of promoting cycling and sustainable transportation in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Salt Lake City Bicycle Collective?
92% of 289 reviewers on Facebook recommend the Salt Lake City Bicycle Collective. Here is a summary of their reviews:
Many supporters praise the organization for its affordability and the helpfulness of its volunteers. One parent was particularly impressed after finding a high-quality bike rim, handlebars, and brake system for a fraction of the online price, stating the staff was friendly and eager to assist. This sentiment of affordability combined with excellent customer service resonates throughout the feedback.
Overall, the community seems to appreciate the Collective's commitment to providing accessible resources for cyclists, reinforcing its positive reputation as a valuable local nonprofit. The emphasis on support and quality service plays a significant role in establishing trust and satisfaction among patrons.
This AI summary has been generated from reviews found on Facebook.
Is Salt Lake City Bicycle Collective legitimate?
Salt Lake City Bicycle Collective is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salt Lake City Bicycle Collective 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: $91,356
Professional Fundraising Fees: $0
Other Salaries and Wages: $631,545
For more financial information, click here
Official website here: www.bicyclecollective.org
What is the mission statement of Salt Lake City Bicycle Collective?
The Salt Lake City Bicycle Collective aims to promote cycling as a sustainable and effective mode of transportation, contributing to a cleaner, healthier, and safer society. They achieve this by providing refurbished bicycles and educational programs to the community, focusing primarily on children and lower-income households. The organization's mission is supported by various initiatives, such as distributing over 5,000 bikes in 2022 and offering a Goodwill Bikes program that provides free bicycles to kids and low-income adults. Additionally, the collective launched a digital platform to expand their sales reach, transforming their revenue model and increasing their earned income.
Official website here: www.bicyclecollective.org
Who is the CEO of Salt Lake City Bicycle Collective?
Donna Mcaleer is the Executive Di of Salt Lake City Bicycle Collective.
Official website here: www.bicyclecollective.org
What is the revenue of Salt Lake City Bicycle Collective?
Salt Lake City Bicycle Collective's revenue in 2022 was $2,088,878.
Official website here: www.bicyclecollective.org
Who are the executives of Salt Lake City Bicycle Collective and what are their salaries?
The average compensation at Salt Lake City Bicycle Collective during 2022 was $16,430. There are 44 employees and 531 volunteers at Salt Lake City Bicycle Collective.
Here are 13 key members and their salaries:
- Compensation: $91,356
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- Other: $12,324
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Official website here: www.bicyclecollective.org
Where can I find the form 990 for Salt Lake City Bicycle Collective?
Salt Lake City Bicycle Collective's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bicyclecollective.org
Learn more at the official website: www.bicyclecollective.org
Mission Statement of Salt Lake City Bicycle Collective
The Salt Lake City Bicycle Collective is an organization dedicated to promoting cycling as an effective and sustainable mode of transportation and a key component of a cleaner, healthier, and safer society. Their mission extends to providing refurbished bicycles and educational programs to the community, particularly focusing on children and lower-income households. The collective's goal is to make cycling accessible and beneficial for a wide range of individuals, contributing to a healthier and more environmentally-friendly society. By offering refurbished bicycles, they not only provide a means of transportation but also contribute to reducing waste and promoting sustainable practices. Their educational programs aim to teach the community about the benefits of cycling and how to maintain and use bicycles safely and effectively.
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Impact
July, 2024
Salt Lake City Bicycle Collective's impact is evident in the significant contributions it has made towards promoting cycling as a sustainable form of transportation and recreation. Throughout 2022, the organization received over 5,000 bicycles through donations and gave away over 1,500 bikes to the community. Additionally, they provided nearly 1,000 free bikes to children and over 500 to low-income adults through their Goodwill Bikes program.
The Bicycle Collective's emphasis on education and accessibility is demonstrated by the 531 volunteers who collectively donated over 8,000 hours to support their initiatives. Notably, the organization's innovative approach to expanding their reach, such as launching a new digital platform for selling refurbished parts and complete bicycles, has been instrumental in diversifying their revenue streams and reducing reliance on external funding.
By actively engaging the community through events like Bike Prom and creating a new hub, the Salt Lake City Bicycle Collective continues to foster a cleaner, healthier, and safer society while making cycling more accessible to all.
This information is meant to be a general summary of Salt Lake City Bicycle Collective. 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: $6
- Program Service Revenue: $955,169
- Gross Receipts: $2,088,878
Assets and Liabilities:
- Total Assets: $3,107,051
- Total Liabilities: $11,256
- Net Assets: $3,095,795
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BIKE SALES
Revenue
$946,836
VALET BIKE PARKING EVENT FEES
Revenue
$8,333
Organization Details
Founding Year
2002
Phone
(801) 328-2453Principal Officer
Donna Mcaleer
Main Address
2312 S WEST TEMPLE, SALT LAKE CITY, UT, 841152623
Website
www.bicyclecollective.orgNTEE Category
Code: J22 - Employment
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