Overview
What is Pelotonia?
Pelotonia is a dynamic nonprofit organization based in Columbus, Ohio, dedicated to revolutionizing cancer research through high-impact initiatives. The funds they raise support groundbreaking projects at The Ohio State University Comprehensive Cancer Center Arthur G. James Cancer Hospital and Solove Research Institute. Their research scope covers various aspects of cancer, including prevention, diagnosis, treatment, and psychosocial issues. Pelotonia's grants are not limited to specific cancer types, enabling the organization to invest in innovative research across all cancer types, funding the highest priority and quality projects annually. Notable programs include the Fellowship Program, which empowers young researchers, Idea Grants for new approaches, and statewide initiatives addressing advanced stage lung cancer, smoking cessation, and breast cancer mortality. Pelotonia's mission is to engage, inspire, and challenge a community committed to making a difference in the world by accelerating innovative cancer research. Since 2008, they have raised over $275 million, with every community-raised dollar directly invested in cancer research.
Official website here: www.pelotonia.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Pelotonia has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance as well as culture and community. With an Accountability & Finance score of 97%, the organization demonstrates a solid commitment to transparency and responsible financial management. Additionally, a Culture & Community score of 91% indicates that Pelotonia fosters a positive environment and engages effectively with its community.
The organization's focus on equity strategies is also noteworthy, achieving a score of 87 out of 100 points. This suggests that Pelotonia actively works to ensure inclusivity and address equity issues within its initiatives. Overall, the high ratings signal a well-managed nonprofit that prioritizes both its financial health and its relationship with community stakeholders.
While the data highlights significant strengths, it does not provide detailed insights into areas for potential improvement. However, the overall ratings imply a reliable organization that is effectively utilizing its resources to make a positive impact.
This AI summary has been generated from information found on Charity Navigator.
Is Pelotonia legitimate?
Pelotonia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pelotonia 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: $2,322,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $491,369
For more financial information, click here
Official website here: www.pelotonia.org
What is the mission statement of Pelotonia?
Pelotonia is a community-driven organization with a mission to engage, inspire, and challenge individuals in advancing innovative cancer research. Since its founding in 2008, Pelotonia has raised over $275 million for high-impact cancer research projects, investing in initiatives addressing various aspects of cancer, including prevention, diagnosis, treatment, and psychosocial issues. The funds raised are not restricted to specific cancer types, enabling Pelotonia to invest in groundbreaking research across all cancer types. Pelotonia's efforts include the annual three-day experience featuring cycling, entertainment, and volunteering. With 100% of community-raised dollars invested in cancer research, Pelotonia has supported numerous projects, from prevention and diagnostics to treatment and large initiatives that transform cancer care.
Official website here: www.pelotonia.org
Who is the CEO of Pelotonia?
Doug Ulman is the CEO of Pelotonia The CEO's salary of Pelotonia is $723,529 and their total compensation is $762,473.
Official website here: www.pelotonia.org
What is the revenue of Pelotonia?
Pelotonia's revenue in 2023 was $34,682,517.
Official website here: www.pelotonia.org
Who are the executives of Pelotonia and what are their salaries?
The average compensation at Pelotonia during 2023 was $104,216. There are 27 employees and 3250 volunteers at Pelotonia.
Here are 18 key members and their salaries (Pelotonia's CEO's salary is $723,529 and their total compensation is $762,473):
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- Compensation: $723,529
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- Other: $38,944
- Compensation: $434,495
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- Other: $38,205
- Compensation: $289,185
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- Compensation: $182,953
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- Other: $32,592
- Compensation: $257,765
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- Other: $9,851
Official website here: www.pelotonia.org
Where can I find the form 990 for Pelotonia?
Pelotonia's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pelotonia.org
Learn more at the official website: www.pelotonia.org
Mission Statement of Pelotonia
Pelotonia is a dynamic organization dedicated to engaging, inspiring, and challenging a community to make a significant impact on the world by accelerating innovative cancer research. Since its inception in 2008, Pelotonia has achieved remarkable success, raising over $275 million for high-impact initiatives at the Ohio State University Comprehensive Cancer Center Arthur G. James Cancer Hospital and Solove Research Institute.
The funds raised by Pelotonia support groundbreaking research projects in various aspects of cancer, including prevention, diagnostics, treatment, psychosocial issues, accelerated drug development, and large-scale initiatives to transform cancer care. Pelotonia's generosity allows for the investment in innovation across all cancer types, making a real difference in the lives of patients and their families around the world.
One of Pelotonia's most notable achievements is the Pelotonia Institute for Immuno-Oncology (PIIO), a comprehensive bench-to-bedside research initiative dedicated to harnessing the immune system to fight cancer. This ambitious initiative focuses on attracting top cancer scientists, acquiring sophisticated equipment, making strategic research investments, and developing digital pathology and total cancer care protocol programs.
Pelotonia's mission extends beyond financial contributions, as it also invests in the future of cancer research through fellowship programs, idea grants, and statewide initiatives. These programs empower young innovators across various academic fields and disciplines to pursue careers in cancer research and encourage scientists to explore new approaches to cancer research. By nurturing the next generation of cancer researchers and providing essential resources, Pelotonia continues to make a lasting impact on the future of cancer care.
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Impact
October, 2024
Pelotonia has made a significant impact in the fight against cancer by raising over $275 million since its inception in 2008, directly supporting high-impact cancer research initiatives. The funds generated by Pelotonia are allocated to innovative projects that encompass prevention, diagnostics, treatment, and psychosocial issues, enabling advances in cancer care across a range of types and challenges.
A key aspect of Pelotonia’s work is its commitment to high-risk, high-reward research at the Ohio State University Comprehensive Cancer Center. This strategic approach fosters creativity and innovation, allowing scientists to explore groundbreaking ideas that can lead to transformative therapies and interventions. The organization has also launched initiatives like the Pelotonia Institute for Immuno-Oncology, which focuses on harnessing the immune system to combat cancer.
In addition to direct funding for research, Pelotonia invests in the development of the next generation of cancer researchers through fellowship programs and grants. These initiatives empower young innovators from various academic fields to contribute to the fight against cancer, ensuring a continuous pipeline of talent and fresh perspectives in the field.
Furthermore, Pelotonia organizes a three-day experience centered around cycling, entertainment, and volunteerism, which brings together a community committed to changing the landscape of cancer research. This event not only raises essential funds but also fosters a sense of community and shared purpose among participants, volunteers, and supporters.
Overall, Pelotonia plays a vital role in accelerating innovative cancer research and enhancing the quality of life for patients and families impacted by cancer. Its comprehensive funding strategies and community engagement initiatives contribute to a more hopeful future in oncology.
This information is meant to be a general summary of Pelotonia. 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 2023.
- Investment Income: $641,147
- Gross Receipts: $37,069,460
Assets and Liabilities:
- Total Assets: $21,447,585
- Total Liabilities: $2,390,334
- Net Assets: $19,057,251
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Organization Details
Founding Year
2008
Principal Officer
Douglas E Ulman
Website
www.pelotonia.orgNTEE Category
Code: B11 - Education
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