Vermont Mountain Bike Advocate Inc

Organization Overview

Vermont Mountain Bike Advocate Inc, operating under the name Vermont Mountain Bike Association, is located in South Burlington, VT. The organization was established in 2014. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Vermont Mountain Bike Association employed 33 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Vermont Mountain Bike Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Vermont Mountain Bike Association generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 19.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CENTRAL ORGANIZATION AND ITS CHAPTER SUBORDINATES ARE DEDICATED TO PROMOTING TRAIL ADVOCACY THROUGH EDUCATION & YOUTH INVOLVEMENT, PLANNING, FUNDING, AND ESTABLISHING LANDOWNER RELATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION AND ITS CHAPTER AFFILIATES ARE DEDICATED TO PROMOTING TRAIL ADVOCACY THROUGH EDUCATION & YOUTH INVOLVEMENT, PLANNING, FUNDING, AND ESTABLISHING AND MAINTAINING MULTI-USE TRAILS THROUGHOUT VERMONT


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Board, Officers & Key Employees

Name (title)Compensation
Nick Bennette
Executive Director, New
$85,000
Jeff Dickson
Chair
$0
Quinn Keating
Board
$0
Tara Mirakian
Board
$0
John Ringer
Board
$0
Tim Maher
Board
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$559,457
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$479,632
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,039,089
Total Program Service Revenue$72,782
Investment income $21
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$129
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,111,763

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