Cyclists Of The Gitchee Gumee Shores Inc
- Assets
- $217.7k
- Revenue
- $110.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Duluth, MN
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 37-1590122
Organization Overview
Cyclists Of The Gitchee Gumee Shores Inc is located in Duluth, MN. The organization was established in 2010. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cyclists Of The Gitchee Gumee Shores 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 12/2021, Cyclists Of The Gitchee Gumee Shores Inc generated $110.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $102.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CYCLISTS OF GITCHEE GUMEE SHORES ("COGGS") IS DEDICATED TO DEVELOPING AND MAINTAINING WORLD-CLASS MOUNTAIN BIKING OPPORTUNITIES FOR ALL IN THE TWIN PORTS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COGGS BUILDS AND MAINTAINS TRAILS IN DULUTH, MN AREA. PROGRAM RELATED EXPENSES ARE UTILIZED FOR TRAIL BUILDING AND MAINTENANCE THROUGHOUT THE LOCAL COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Martin Executive Di | Officer | 24 | $15,231 |
Jake Boyce Vice Chair | OfficerTrustee | 1 | $0 |
Mascon Bacso Secretary | OfficerTrustee | 1 | $0 |
Katherine Dougherty Treasurer | OfficerTrustee | 1 | $0 |
Dave Antonson Chair | Officer | 1 | $0 |
Alec Kadlec Chair | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $28,660 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,703 |
| Noncash contributions included in lines 1a–1f | $20,187 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,363 |
| Total Program Service Revenue | $0 |
| Investment income | $121 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,886 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$252 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $110,368 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $15,231 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,663 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,023 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $54,525 |
| Advertising and promotion | $1,390 |
| Office expenses | $827 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,185 |
| Travel | $254 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,022 |
| Insurance | $5,839 |
| All other expenses | $1,555 |
| Total functional expenses | $102,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,652 |
| Savings and temporary cash investments | $150,195 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,326 |
| Net Land, buildings, and equipment | $23,537 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $217,710 |
| Accounts payable and accrued expenses | $923 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $923 |
| Net assets without donor restrictions | $216,787 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $217,710 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cyclists Of The Gitchee Gumee Shores Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Minnesota Power Foundation Duluth, MN PURPOSE: YEAR END GIFT | $2,500 |
Minnesota Power Foundation Duluth, MN PURPOSE: POSITIVELY POWERFUL TEAM GRANT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Therese Communities St Louis Park, MN | $121,765,844 | $46,911,248 |
Sioux Falls Environmental Access Inc Sioux Falls, SD | $7,756,758 | $3,855,352 |
Minnesota Center For Environmental Advocacy Saint Paul, MN | $4,803,986 | $3,527,564 |
Taliesin Preservation Inc Spring Green, WI | $4,141,300 | $2,912,475 |
Halter Wildlife Inc Pleasant Prairie, WI | $2,698,381 | $1,665,084 |
St Paul Transportation Management Organization Saint Paul, MN | $798,950 | $1,352,019 |
White Earth Rediscovery Center White Earth, MN | $13,477,224 | $170,141 |
Minnesota Forest Industries Inc Duluth, MN | $382,538 | $785,019 |
Clean Energy Economy Minnesota Minneapolis, MN | $198,416 | $664,959 |
Alpha Pi Alliance For The Preserva Tion Of Historic Places Inc Verona, WI | $16,278 | $246,592 |
Northwest South Dakota Regional Landfill Association Inc Lemmon, SD | $1,736,642 | $465,405 |
Coalition For Sustainable Initiatives Whitefish Bay, WI | $10,950 | $440,660 |