Overview
What is Peace Peloton?
Peace Peloton is a nonprofit organization that championed the cause of small businesses and entrepreneurs in 2021. They organized 24 outdoor events across 12 cities, providing support to 36 businesses and founders. This assistance included helping some attain necessary business licenses and other commerce-related credentials. Peace Peloton successfully raised over $75,000 to fund their initiatives, one of which was the Columbia City Night Market, a monthly event that showcases 40 small businesses to a growing audience of engaged consumers. Their mission is to promote community and minority business enterprises through their cycling events.
Is Peace Peloton legitimate?
Peace Peloton is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peace Peloton submitted a form 990EZ, 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: $59,583
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Peace Peloton?
Peace Peloton's mission is centered around promoting community and minority business enterprises. In 2021, they organized twenty-four outdoor events that supported thirty-six small businesses and their founders in twelve different cities. Some of these businesses even managed to secure their business licenses and other necessary commerce-related credentials. Additionally, Peace Peloton raised over $75,000 to develop their programs. One of their notable initiatives is the Columbia City Night Market, a monthly event that showcases forty small businesses to a growing audience of motivated consumers. Their objective is to provide a platform for these businesses to thrive and connect with a wider consumer base.
What is the revenue of Peace Peloton?
Peace Peloton's revenue in 2024 was $222,173.
Who are the executives of Peace Peloton and what are their salaries?
The average compensation at Peace Peloton during 2024 was $59,583. There is 1 employee and 50 volunteers at Peace Peloton.
Here are 3 key members and their salaries:
- Compensation: $50,583
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Peace Peloton?
Peace Peloton's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Peace Peloton
Peace Peloton, a nonprofit organization, focuses on supporting small businesses and entrepreneurs, particularly those from minority communities. In 2021, they organized twenty-four outdoor events across twelve cities, providing a platform for thirty-six businesses and their founders. During these events, Peace Peloton aided several businesses in obtaining necessary licenses and commerce-related credentials.
Funds raised through these events, totalling over $75,000, were utilized to develop Peace Peloton's programs. One of these programs is the Columbia City Night Market, a monthly event that showcases forty small businesses to a growing audience of motivated consumers. By promoting these enterprises, Peace Peloton seeks to strengthen their visibility and foster a sense of community around them. The organization's mission is to champion minority business enterprises, using cycling events as a means to connect and uplift these businesses, thereby fostering economic growth and empowerment.
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Impact
October, 2024
Peace Peloton has made a significant impact by fostering community improvement and supporting minority business enterprises through cycling events. In 2021, the organization hosted twenty-four outdoor events across twelve cities, benefitting 36 small businesses and their founders. These efforts helped entrepreneurs obtain crucial business licenses and other commercial credentials, providing them with the tools needed to thrive in competitive markets.
The initiative raised over $75,000, which has been instrumental in developing various programs, including the Columbia City Night Market. This monthly event showcases 40 small businesses, drawing a growing audience of motivated consumers and bolstering local commerce. By combining cycling with community engagement, Peace Peloton not only promotes healthy lifestyles but also strengthens the local economy and builds a sense of unity among participants and business owners alike.
This information is meant to be a general summary of Peace Peloton. 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 2024.
- Program Service Revenue: $96,301
- Gross Receipts: $222,173
Assets and Liabilities:
- Total Assets: $34,996
- Total Liabilities: $2,518
- Net Assets: $32,478
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Income
Revenue
$96,301
Organization Details
Principal Officer
Reginald Wilson
NTEE Category
Code: S01 - Community improvement
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