R Community Bikes Inc
- Assets
- $288.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 11/2008
- Data as of
- 12/2023
- EIN
- 26-2353301
Organization Overview
R Community Bikes Inc is located in Rochester, NY. The organization was established in 2008. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R Community Bikes Inc 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 12/2023, R Community Bikes Inc generated $65.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $55.3k during the year ending 12/2023. While expenses have increased by 9.7% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COLLECT, REPAIR AND GIVE AWAY BIKES FREE OF CHARGE
Describe the Organization's Program Activity:
Part 3
BICYCLE GIVEAWAYS - THE ORGANIZATION COLLECTED, REPAIRED AND DISTRIBUTED 2,084 BIKES FREE OF CHARGE IN THE INNER CITY OF ROCHESTER, NY. OUR 56 UNPAID VOLUNTEERS CONTRIBUTED 12,933 HOURS OF VOLUNTEER TIME. IN ADDITION , WE REPAIRED 2,848 BIKES.
WHEN GIVEAWAY RECIPIENTS WITH CHILDREN COME IN THEY ARE OFFERED A CERTIFICATE FOR A $5.00 TOKEN AT OUR LOCAL FARM MARKET. WHEN THESE CERTIFICATES ARE REDEEMED WE ARE CHARGED $5.00 BY THE MARKET. THIS PROGRAM WAS SUSPENDED DURING COVID.
WE PROVIDE FREE ADULT TRIKES TO CANDIDATES UNABLE TO RIDE A TWO-WHEEL BIKE BUT WHO HAVE THE PHYSICAL AND EMOTIONAL COMPETENCY TO SAFELY RIDE A TRIKE. IN 2022 WE GAVE AWAY 12 (7 NEW AND 5 USED)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Kearney Asst Director | 12 | $0 | |
William Cochrane Treasurer | 20 | $0 | |
Stephen Sparer Board Member, Shop Manager | 25 | $0 | |
Gene Mccabe Board Member | 10 | $0 | |
Michael Bobry Board Member | 10 | $0 | |
Phil Hurwitz Board Member, Legal Council | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,546 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,804 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,856 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $633 |
| Occupancy, rent, utilities, and maintenance | $51,246 |
| Printing, publications, postage, and shipping | $2,982 |
| Other expenses | $0 |
| Total expenses | $55,261 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $235,004 |
| Other assets | $0 |
| Total assets | $288,504 |
| Total liabilities | $0 |
| Net assets or fund balances | $288,504 |