Main Line Cycle Center

Organization Overview

Main Line Cycle Center is located in St Paul, MN. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Main Line Cycle Center employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Line Cycle Center 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, Main Line Cycle Center generated $239.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $227.0k during the year ending 12/2022. While expenses have increased by 12.4% 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

LOWERTOWN BIKE SHOP (LBS) IS DEDICATED TO PROVIDING SUSTAINABLE TRANSPORTATION OPTIONS USING RECYCLED BIKES AND PARTS. LBS PROVIDES EDUCATIONAL OPPORTUNITIES TO PROMOTE HEALTH, SAFETY, ENVIRONMENTAL AWARENESS, AND CONNECTEDNESS WITHIN OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RETAIL AND REPAIR SHOP LEVEL SERVICES FOR UNDERSERVED RIDERS: LOWERTOWN BIKE SHOP FOCUSED IT'S EFFORTS ON PROVIDING A WELCOMING AND EDUCATIONAL EXPERIENCE TO ALL FORMS OF UNDERSERVED RIDERS. THE BICYCLE INDUSTRY DEFINES AN AFFORDABLE BIKE AS ONE COSTING BELOW $1,000. LBS SERVED POPULATIONS OF FEMALE, LOW INCOME, RACIALLY DIVERSE, HOMELESS, MENTALLY ILL, DEVELOPMENTALLY DISABLED, URBAN COMMUTER, AND NOVICE RIDERS, MANY WITH A BUDGET OF LESS THAN $500. MANY OF THESE COMMUNITIES HAVE BEEN UNDERSERVED BY THE BICYCLE INDUSTRY.LBS HAS PROVIDED FOR THESE POPULATIONS BY SUPPLYING NEW AND USED BIKES THAT FIT ALL BODY TYPES, RIDING STYLES, AND EVERY BUDGET. THEY ALSO ACCOMMODATE THESE RIDERS BY CUSTOM BUILDING FOR THEIR NEEDS AND BUDGETS, OFTEN UTILIZING USED PARTS AND BIKES. LOWERTOWN BIKE SHOP BUILT CUSTOM BIKES TO MEET THE NEEDS OF 66 PEOPLE IN 2022. OF THOSE PEOPLE, LBS DONATED 9 USED BIKES AT NO COST TO THE INDIVIDUAL. LBS ALSO SUPPLIED FREE AND/OR REDUCED COST BIKES, PARTS, AND SERVICES TO 9 INDIVIDUALS IN DEMONSTRATED NEED. NUMBER OF PERSONS BENEFITED: 66


RECYCLING AND REUSE: LOWERTOWN BIKE SHOP IS DEDICATED TO SUSTAINABILITY IN THE BICYCLING COMMUNITY. THEY HAVE REFURBISHED OR FOUND A HOME FOR OVER 143 USED BIKES IN 2022. LBS HAS SAVED HUNDREDS OF BIKES FROM THE LANDFILL BY KEEPING A STOCK OF USED BIKES WAITING TO BE FIXED AND REHABILITATED FOR RIDERS IN NEED OF A BUDGET-FRIENDLY BIKE. BIKES THAT OTHERWISE WOULD HAVE ENDED UP IN THE TRASH. LBS PARTICIPATED IN SEVERAL COMMUNITY CLEAN UP EVENTS PROCESSING, RECYCLING, AND SALVAGING 225 BIKES. WE RECYCLED AT LEAST 6730 POUNDS OF SCRAP METAL THAT WOULD HAVE ENDED UP IN THE LANDFILL, AND RECYCLED 277 TIRES AND 850 TUBES THROUGH OUR ON-SITE RECYCLING PROGRAM. LBS DONATED 36 BICYCLES TO EXPRESS BIKES, 45 BICYCLES TO FREE BIKES FOR KIDS, AND 2 BIKES TO THE PEOPLE EMPOWERMENT PROGRAM. NUMBER OF PERSONS BENEFITED: 143


EDUCATIONAL AND TRAINING SERVICES TO EMPLOYEES AND VOLUNTEERS: LOWERTOWN BIKE SHOP'S VOLUNTEER PROGRAM CLOCKED A TOTAL OF 492 VOLUNTEER HOURS. LBS ALLOWED INDIVIDUALS TO WORK OFF COMMUNITY SERVICE, OR HELP FULFILL AN UNEMPLOYMENT OR SCHOOL REQUIREMENT. LBS ALSO CONTINUED PROVIDING JOBS AND COMPETITIVE WAGES IN THEIR COMMUNITY. THEY HAVE MADE IT A PART OF THEIR TRAINING TO EDUCATE THEIR EMPLOYEES AND VOLUNTEERS IN BASIC MAINTENANCE, FIT, RIDING STYLES, BICYCLE RECYCLING AND REUSE, BARISTA AND COFFEE SERVICE, AND SALES THROUGH EDUCATION IN A WELCOMING ENVIRONMENT. THEY PROVIDE INDIVIDUALS THE NECESSARY SKILLS TO SEEK FUTURE EMPLOYMENT IN INDUSTRIES THAT REQUIRE EXPERIENCE FOR HIRE. NUMBER OF PERSONS BENEFITED: 12


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Board, Officers & Key Employees

Name (title)Compensation
Jeremy Wagner
Executive Director
$35,984
Lauren Bartley
Board President
$0
Jeremy Wendt
Vice President
$0
William Armstrong
Treasurer
$0
Andy Zurn
Board Member
$0
Emilie Hance
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $13
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $239,025
Miscellaneous Revenue$0
Total Revenue $239,038

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