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Rusty's Bicycle Recycle Inc

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

EIN: 824975971 ✦ Longwood, FL ✦ Designated as a 501(c)(3)

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Overview

What is Rusty's Bicycle Recycle Inc?

Rusty's Bicycle Recycle Inc is a charitable organization based in Longwood, Florida. Their main mission is to collect, refurbish, and distribute donated bicycles to charities and churches supporting the homeless and disadvantaged children in the Greater Central Florida area. During the past year, they successfully repaired and recycled 1,679 bicycles, with 832 of those being children's bicycles, and 68 being provided to disabled American veterans. The organization relies on volunteer efforts, with their board of directors actively participating in the repairs, contributing a total of 3,366 volunteer hours. In addition to bicycle recycling, Rusty's Bicycle Recycle Inc also distributes bike locks and safety lights for each adult bicycle provided.


Official website here: www.rustysbicycle.org

Is Rusty's Bicycle Recycle Inc legitimate?

Rusty's Bicycle Recycle Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rusty's Bicycle Recycle 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rustysbicycle.org

What is the mission statement of Rusty's Bicycle Recycle Inc?

Rusty's Bicycle Recycle Inc's mission is centered around obtaining, repairing, and recycling donated bicycles. This is done with the aim of providing these refurbished bicycles to homeless service organizations and disadvantaged children in a broader area. The charity operates without employees and relies on public support and volunteer services for its operations. Through its efforts, the charity has managed to repair and distribute 1,679 bicycles, including 832 bicycles for disadvantaged children and 68 for disabled American veterans. Volunteers have contributed a significant 3,366 hours to this cause, repairing the bicycles and facilitating their distribution. The board of directors also contributes to the repairs, their time included in the volunteer hours count. Beyond bicycle recycling, the charity also distributes bike locks and safety lights with each adult bicycle provided.


Official website here: www.rustysbicycle.org

Who is the CEO of Rusty's Bicycle Recycle Inc?

Russell Durham is the President of Rusty's Bicycle Recycle Inc.


Official website here: www.rustysbicycle.org

What is the revenue of Rusty's Bicycle Recycle Inc?

Rusty's Bicycle Recycle Inc's revenue in 2022 was $226,527.


Official website here: www.rustysbicycle.org

Who are the executives of Rusty's Bicycle Recycle Inc and what are their salaries?

There 30 volunteers at Rusty's Bicycle Recycle Inc.


Here are 10 key members and their salaries:


Russell Durham (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Geidd (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Caston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denee Hinrichs-Durham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lars Houmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pean Hwang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sundar Sinnappan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Stokes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zenia Watkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Wetterstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rustysbicycle.org

Where can I find the form 990 for Rusty's Bicycle Recycle Inc?

Rusty's Bicycle Recycle Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rustysbicycle.org

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

Mission Statement of Rusty's Bicycle Recycle Inc

Rusty's Bicycle Recycle Inc, a charitable organization, is dedicated to obtaining, repairing, and recycling donated bicycles. The primary recipients of these refurbished bicycles are homeless service organizations and disadvantaged children residing in the greater Central Florida area. This charity operates without any employees, relying solely on public support and the generous contributions of volunteers.

The mission of Rusty's Bicycle Recycle Inc is to provide bicycles to those in need, enhancing their mobility and overall quality of life. The organization achieves this mission through the meticulous repair and recycling of donated bicycles. To date, Rusty's Bicycle Recycle Inc has distributed 1,679 repaired bicycles to various charities and churches that support the homeless. Of these bicycles, 832 were specifically intended for disadvantaged children, and 68 were provided to disabled American veterans.

The charitable efforts of Rusty's Bicycle Recycle Inc extend beyond the simple distribution of bicycles. Volunteers also contribute their time and expertise to repair the donated bicycles, totaling 3,366 in-kind hours. Board members of the organization also lend their hands, further increasing the number of volunteer hours. In addition to recycling bicycles, Rusty's Bicycle Recycle Inc also distributes bike locks and safety lights with each adult bicycle provided, ensuring the recipients' safety on the road.

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Impact




October, 2024

Rusty's Bicycle Recycle Inc. has a profound impact on the Greater Central Florida community by providing essential support to homeless service organizations and disadvantaged children. The organization focuses on obtaining, repairing, and recycling donated bicycles, ultimately refurbishing 1,679 bikes that have been distributed to various charities and churches.

Among these, 832 bicycles were specifically designated for children in need, allowing them access to affordable transportation and promoting physical activity. Additionally, 68 bicycles were provided to Disabled American Veterans, offering mobility and improving their quality of life.

The program thrives on community involvement, with volunteers contributing a remarkable 3,366 hours to the refurbishment and distribution processes. The dedication of volunteers, including the board of directors, ensures that resources are utilized effectively, creating a sustainable model for support.

Beyond recycling bicycles, the organization enhances safety for its recipients by distributing bike locks and safety lights with each adult bike provided. This comprehensive approach not only addresses immediate mobility needs but also promotes safety and well-being within the community. Rusty's Bicycle Recycle Inc. exemplifies the power of community engagement, transforming used bicycles into vital resources for those facing challenges in their daily lives.




This information is meant to be a general summary of Rusty's Bicycle Recycle 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
$226,527 (2022)
Expenses
$186,540 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $373
  • Program Service Revenue: $137,505
  • Gross Receipts: $226,527

Assets and Liabilities:

  • Total Assets: $56,278
  • Total Liabilities: $523
  • Net Assets: $55,755

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Programs

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

IN KIND VOLUNTEER SUPPORT

Revenue

$137,505

Organization Details

Founding Year

2018

Principal Officer

Russell Durham

Main Address

1275 BENNETT DRIVE, LONGWOOD, FL, 32750

NTEE Category

Code: P50 - Human services

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