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Indy Criterium Inc

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

EIN: 820636610 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indy Criterium Inc?

Indy Criterium Inc, located in Indianapolis, Indiana, is a nonprofit organization that primarily focuses on organizing and managing high-quality bicycling events and festivals. Their flagship event, the Momentum Indy Festival, is an annual celebration of community, wellness, and outdoor recreation, promoting Indianapolis as a vibrant city. The festival includes various activities such as community bike rides, bike races, and youth fitness events, emphasizing healthy lifestyles. Proceeds from these events are then channeled toward supporting other charities that improve central Indiana and the Indianapolis community, particularly those focused on youth mentoring, health, or physical fitness programs. The organization also participates in events that promote urban recreation and sport.


Official website here: www.momentumindy.org

What do the Facebook reviews say about Indy Criterium Inc?

90% of reviewers on Facebook recommend Indy Criterium Inc. Here is a summary of their reviews:

Many participants commend the organization for hosting a well-structured event that offers competitive fun, particularly for kids. The positive feedback indicates that attendees had a good experience and feel encouraged to return for future events.

Overall, the sentiment expressed is quite favorable, reflecting satisfaction with the planning and execution of the activities. Participants appreciate the engagement and enjoyment provided by the Indy Criterium Inc, which enhances their intent to participate again.


This AI summary has been generated from reviews found on Facebook.

Is Indy Criterium Inc legitimate?

Indy Criterium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indy Criterium 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: $57,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.momentumindy.org

What is the mission statement of Indy Criterium Inc?

Indy Criterium Inc's mission is centered around positively influencing communities by organizing, managing, and directing high-quality bicycling events and festivals. They also participate in other events that encourage urban recreation, sports, and healthy lifestyles. The primary objective is to use the earnings from these events to aid charities that contribute to the betterment of communities, particularly those focused on youth-oriented mentoring, health, and physical fitness programs.


Official website here: www.momentumindy.org

Who is the CEO of Indy Criterium Inc?

Jennifer Cvar is the Executive Dir. of Indy Criterium Inc.


Official website here: www.momentumindy.org

What is the revenue of Indy Criterium Inc?

Indy Criterium Inc's revenue in 2022 was $361,259.


Official website here: www.momentumindy.org

Who are the executives of Indy Criterium Inc and what are their salaries?

There 17 volunteers at Indy Criterium Inc.


Here are 13 key members and their salaries:


Jennifer Cvar (Executive Dir.)
  • Compensation: $57,500
  • Related: $0
  • Other: $0
Chris Boardman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Nurnberger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abel Barrera Duran (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Smartt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bri Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Almert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Dell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Cvar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Goldenberg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Kirk (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Bridgeman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.momentumindy.org

Where can I find the form 990 for Indy Criterium Inc?

Indy Criterium Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.momentumindy.org

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

Mission Statement of Indy Criterium Inc

Indy Criterium Inc, a nonprofit organization, aims to positively influence the Indianapolis and central Indiana community. They accomplish this by organizing, managing, and overseeing high-quality bicycling events and festivals. Additionally, the organization becomes involved with other events that promote urban recreation, sport, and healthy lifestyles. By doing so, Indy Criterium Inc contributes to fostering a sense of community and active living.

Furthermore, the proceeds from these events are utilized to support other charities that serve to enhance central Indiana and the Indianapolis community. These charities primarily focus on youth, providing mentoring, health, or physical fitness programs. By supporting these initiatives, Indy Criterium Inc plays a vital role in contributing to the overall well-being and development of the younger generation in the community.

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Impact




October, 2024

Indy Criterium Inc has a significant impact on Indianapolis and the central Indiana community by organizing high-quality bicycling events and festivals that promote health, wellness, and active lifestyles. The centerpiece of its efforts is the Momentum Indy Festival, an annual two-day event that transforms downtown Indianapolis into a vibrant celebration of community and outdoor recreation.

The festival features community bicycle rides, bike races, youth fitness activities, and a Kids Zone, encouraging families to engage in healthy activities together. Events like the Honor Major Taylor Community Ride highlight the organization's commitment to promoting culture and diversity within the community.

By leveraging the proceeds from these events, Indy Criterium Inc supports other local charities that focus on youth mentoring and health programs, amplifying its positive influence in the area. Through its initiatives, Indy Criterium Inc not only fosters a love for cycling but also cultivates a healthier, more connected community in central Indiana.




This information is meant to be a general summary of Indy Criterium 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
$361,259 (2022)
Expenses
$359,206 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $773
  • Program Service Revenue: $354,565
  • Gross Receipts: $361,259

Assets and Liabilities:

  • Total Assets: $37,881
  • Total Liabilities: $807
  • Net Assets: $37,074

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Momentum Indy

Revenue

$354,565

Organization Details

Founding Year

2017

Principal Officer

Jennifer Cvar

Main Address

20 E 56TH STREET, INDIANAPOLIS, IN, 46220

NTEE Category

Code: N60 - Recreation

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