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Star Track Cycling Inc

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

EIN: 810688663 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Star Track Cycling Inc?

Star Track Cycling Inc, located in New York City, is a nonprofit organization committed to uplifting children from underprivileged communities. Their mission is to foster self-confidence, resilience, and teamwork by engaging children in the thrilling sport of track cycling. By offering training and mentorship, Star Track encourages goal-setting and discipline, providing an alternative to sedentary lifestyles that often lead to health and emotional challenges. The organization aims to make a tangible impact on the lives of these children, transforming them into competent athletes and well-rounded individuals.


Official website here: www.startrack.nyc

Is Star Track Cycling Inc legitimate?

Star Track Cycling Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Star Track Cycling 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: $66,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,336

For more financial information, click here


Official website here: www.startrack.nyc

What is the mission statement of Star Track Cycling Inc?

Star Track Cycling Inc's mission is centered around empowering children from underprivileged communities in New York City. This is achieved by engaging them in the thrilling sport of track racing. The organization's primary goal is to build self-confidence, physical strength, and essential life skills such as goal-setting and teamwork. Star Track Cycling Inc reaches out to these children with a physical activity, aiming to address the health and emotional challenges faced by under-active children. The children involved in this program undergo mentorship from experienced coaches and learn the discipline associated with being an athlete, setting personal goals, and becoming part of a competitive cycling team.


Official website here: www.startrack.nyc

Who is the CEO of Star Track Cycling Inc?

Peter Taylor is the Director of Star Track Cycling Inc.


Official website here: www.startrack.nyc

What is the revenue of Star Track Cycling Inc?

Star Track Cycling Inc's revenue in 2022 was $341,101.


Official website here: www.startrack.nyc

Who are the executives of Star Track Cycling Inc and what are their salaries?

The average compensation at Star Track Cycling Inc during 2022 was $19,067. There are 5 employees at Star Track Cycling Inc.


Here are 8 key members and their salaries:


Peter Taylor (Director)
  • Compensation: $38,000
  • Related: $0
  • Other: $0
David Harrison (Co-Director)
  • Compensation: $38,000
  • Related: $0
  • Other: $0
Gregory Olsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rochelle Taylor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Bader (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noah Roy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.startrack.nyc

Where can I find the form 990 for Star Track Cycling Inc?

Star Track Cycling Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.startrack.nyc

Learn more at the official website: www.startrack.nyc

Mission Statement of Star Track Cycling Inc

Star Track Cycling Inc, a nonprofit organization, aims to empower children hailing from under-resourced communities in New York City. Their mission is twofold: firstly, they seek to foster self-confidence and strength in these children through the engaging sport of track racing. Secondly, they encourage goal-setting and teamwork skills, enabling these children to become part of a competitive cycling team. The experienced coaches in Star Track Cycling Inc serve as mentors, guiding the children as they embark on this journey. The organization's objective is to engage children with a physical activity, addressing the health and emotional issues prevalent in under-active children today.

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Impact




October, 2024

Star Track Cycling Inc significantly impacts under-resourced communities in New York City by providing children with opportunities to engage in track racing. Through this dynamic sport, participants build essential life skills such as self-confidence, discipline, teamwork, and goal-setting. The program not only instills the importance of physical activity but also addresses critical health and emotional challenges faced by children who may not have consistent access to such resources.

By fostering an environment where young athletes can train and compete, Star Track Cycling cultivates resilience and a strong sense of community. Mentorship from experienced coaches enhances the experience, offering guidance and support as children learn to navigate both personal and athletic challenges. The overall effect is the empowerment of youth, equipping them with tools for success both on and off the track, and promoting a healthier lifestyle that can lead to improved well-being and positive life choices.




This information is meant to be a general summary of Star Track Cycling 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
$341,101 (2022)
Expenses
$399,106 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $341,101

Assets and Liabilities:

  • Total Assets: $200,495
  • Total Liabilities: $12,282
  • Net Assets: $188,213

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Organization Details

Founding Year

2015

Principal Officer

Peter Taylor

Main Address

8 West 19th Street 5, New York, NY, 10011

NTEE Category

Code: N50 - Recreation

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