Tri City Cyclists
- Assets
- $34.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, MI
- Founding
- 06/1988
- Data as of
- 12/2023
- EIN
- 38-2775908
Organization Overview
Tri City Cyclists is located in Midland, MI. The organization was established in 1988. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is the central organization for a national or regional group of organizations. Tri City Cyclists 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, Tri City Cyclists generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $3.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Micheal Colucci President | 10 | $0 | |
Matthew Ohl Vice President/mileage Keeper/ride Chair | 5 | $0 | |
Molly Muste Treasurer/membership Chair | 5 | $0 | |
Thoralf Brecht Secretary | 5 | $0 | |
Chuck Mccourt Midland Director-At-Large | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,057 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,826 |
| Investment income | $401 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,284 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $381 |
| Other expenses | $2,278 |
| Total expenses | $3,088 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,653 |
| Other assets | $0 |
| Total assets | $34,653 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,653 |