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My City Rides

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

EIN: 820898706 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is My City Rides?

My City Rides is a nonprofit organization situated in Memphis, Tennessee, specifically at 111 S HIGHLAND 535. Their primary mission is to make reliable transportation affordable and ownership possible for individuals in the workforce who have limited means but immense potential. By leasing 82 new motor scooters in 2022, they aimed to boost opportunities for people in Memphis, Tennessee. With a modest team of 11 employees, My City Rides is dedicated to empowering the workforce and enhancing their mobility, thereby fostering a more equitable society.


Official website here: www.mycityrides.org

Is My City Rides legitimate?

My City Rides is a legitimate nonprofit organization registered as a 501(c)(3) entity. My City Rides 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.

Here are some key statistics you may want to consider:

Executive Compensation: $164,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $469,252

For more financial information, click here


Official website here: www.mycityrides.org

What is the mission statement of My City Rides?

My City Rides aims to make reliable transportation affordable and ownership possible for individuals in the workforce with limited means, thereby expanding opportunities for everyone. By doing so, the organization's mission is to enhance possibilities for all, recognizing the unlimited potential within these individuals. My City Rides operates with the goal of providing a solution that empowers individuals in the workforce, thereby increasing their chances of success. In simpler terms, My City Rides focuses on making transportation an accessible and achievable asset for individuals with limited resources, thereby opening up opportunities for personal and professional growth. During 2022, My City Rides leased 82 new motor scooters to individuals in the workforce in Memphis, TN, further demonstrating their commitment to their mission.


Official website here: www.mycityrides.org

Who is the CEO of My City Rides?

Andy Nix is the Board Member of My City Rides. The CEO's salary of My City Rides is $164,875 and their total compensation is $171,470.


Official website here: www.mycityrides.org

What is the revenue of My City Rides?

My City Rides's revenue in 2022 was $2,595,735.


Official website here: www.mycityrides.org

Who are the executives of My City Rides and what are their salaries?

The average compensation at My City Rides during 2022 was $57,648. There are 11 employees at My City Rides.

Here are 5 key members and their salaries (My City Rides's CEO's salary is $164,875 and their total compensation is $171,470):

    Andrew Nix (President/Ceo)
  • Compensation: $164,875
  • Related: $0
  • Other: $6,595

    • Dan Conaway (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paulo Teixeira (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Martin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Stringer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mycityrides.org

    Where can I find the form 990 for My City Rides?

    The My City Rides’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mycityrides.org

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

    Mission Statement of My City Rides

    My City Rides, as an organization, aims to make reliable transportation an affordable option and ownership possible for individuals in the workforce who have limited means but vast potential. This mission serves to increase opportunities for everyone, thereby empowering individuals and fostering growth. By leasing motor scooters in 2022 to 82 individuals in Memphis, Tennessee, My City Rides has demonstrated its commitment to this goal, enabling people to access job opportunities and improve their livelihoods.

    Impact

    This information is meant to be a general summary of My City Rides. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    My City Rides has a significant impact on the workforce in Memphis, TN by making reliable transportation affordable and ownership possible for individuals with limited means but unlimited potential. In 2022, they leased 82 new motor scooters to individuals in the workforce, increasing opportunities for everyone. Through their efforts, My City Rides is helping to address transportation barriers and empower individuals to access and maintain employment.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-12,486
  • Program Service Revenue: $0
  • Gross Receipts: $3,165,983

    • Assets and Liabilities:
  • Total Assets: $4,822,379
  • Total Liabilities: $146,997
  • Net Assets: $4,675,382
  • Organization Details

    Founding Year

    2017

    Principal Officer

    Andy Nix

    Main Address

    111 S HIGHLAND 535, MEMPHIS, TN, 38111

    NTEE Category

    Code: J19 - Employment

    If you are a representative of My City Rides and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.