New England Cycling Federation is located in South Portland, ME. The organization was established in 2002. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Cycling Federation 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 12/2019, New England Cycling Federation generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $59.6k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 4 years. 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
2019
Describe the Organization's Program Activity:
Part 3
NEBRA COLLECTS DUES AND FEES FROM USA CYCLING AND USAC LICENSED RACE CLUBS IN NEW ENGLAND. DUES, FEES AND DONATIONS ARE USED FOR ADMINISTERING NEW ENGLAND RACING AND FOR GRANTS TO NEW ENGLAND CYCLING ORGANIZATIONS TO PROMOTE BICYCLE RACING AND ATHLETE DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colin Reuter President | 1 | $0 | |
Michael Rowell Vice President | 1 | $0 | |
Lydia Hausle Director | 1 | $0 | |
Leslie Timm Treasurer | 1 | $0 | |
Alexander Grabau Director | 1 | $0 | |
Joseph Rodrigues Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,631 |
Total Program Service Revenue | $44,575 |
Membership dues | $600 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $54,195 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $53,000 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $2,240 |
Total expenses | $59,575 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,571 |
Other assets | $0 |
Total assets | $32,571 |
Total liabilities | $0 |
Net assets or fund balances | $32,571 |