League Of Michigan Bicyclists
- Assets
- $563.1k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Lansing, MI
- Founding
- 08/1982
- Data as of
- 12/2023
- EIN
- 38-2418387
Organization Overview
League Of Michigan Bicyclists is located in Lansing, MI. The organization was established in 1982. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, League Of Michigan Bicyclists employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. League Of Michigan Bicyclists 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, League Of Michigan Bicyclists generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 11.1% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE BICYCLING AND THE RIGHTS OF BICYCLISTS ON THE ROADWAYS IN MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND PROMOTION OF SAFETY FOR MEMBERS & THE GENERAL PUBLIC INCLUDING PUBLICATION OF MAGAZINE AND BROCHURES. RIDE CALENDAR PRODUCED & DISTRIBUTED FREE TO MEMBERS AND 50,000 OTHERS ANNUALLY.
BICYCLE TOURING EVENTS - THE LEAGUE SPONSORS THE LUCINDA MEANS ADVOCACY DAY, FOUR BICYCLE TOURS ANNUALLY AND LAW ENFORCEMENT TRAINING COURSES. TOTAL PARTICIPATION IN THESE EVENTS IS APPROXIMATELY 1200 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Werkman Chair | OfficerTrustee | 4 | $0 |
Steve Hannon Vice Chair | OfficerTrustee | 2 | $0 |
Norm Cox Secretary | OfficerTrustee | 2 | $0 |
Jeff Wirth Treasurer | OfficerTrustee | 2 | $0 |
Barb Anderson Director | Trustee | 0.5 | $0 |
Tracy Besek Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $98,671 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $141,965 |
| All other contributions, gifts, grants, and similar amounts not included above | $304,115 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $544,751 |
| Total Program Service Revenue | $445,974 |
| Investment income | $22,584 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,024,087 |
| 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. | $95,039 |
| Compensation of current officers, directors, key employees. | $33,264 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $341,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $33,546 |
| Payroll taxes | $33,096 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,541 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $132,632 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,459 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141,305 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,922 |
| Insurance | $0 |
| All other expenses | $24,558 |
| Total functional expenses | $1,057,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,426 |
| Savings and temporary cash investments | $106,611 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,828 |
| 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 | $1,400 |
| Net Land, buildings, and equipment | $4,499 |
| Investments—publicly traded securities | $410,359 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $563,123 |
| Accounts payable and accrued expenses | $10,626 |
| Grants payable | $0 |
| Deferred revenue | $29,539 |
| 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 | $137,972 |
| Total liabilities | $178,137 |
| Net assets without donor restrictions | $384,986 |
| 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 | $563,123 |