Salt Lake City Bicycle Collective is located in Salt Lake City, UT. The organization was established in 2003. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. As of 12/2021, Salt Lake City Bicycle Collective employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salt Lake City Bicycle Collective 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, Salt Lake City Bicycle Collective generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 10.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SALT LAKE CITY BICYCLE COLLECTIVE IS TO PROMOTE CYCLING AS AN EFFECTIVE AND SUSTAINABLE FORM OF TRANSPORTATION AND AS A CORNERSTONE OF A CLEANER, HEALTHIER, AND SAFER SOCIETY. THE BICYCLE COLLECTIVE PROVIDES REFURBISHED BICYCLES AND EDUCATIONAL PROGRAMS TO THE COMMUNITY, FOCUSING ON CHILDREN AND LOWER INCOME HOUSEHOLDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BICYCLE COLLECTIVE PROMOTES CYCLING AS AN EFFECTIVE AND SUSTAINABLE FORM OF TRANSPORTATION AND RECREATION, AND AS A CORNERSTONE OF A CLEANER, HEALTHIER, AND SAFER SOCIETY. AN OVERVIEW OF 2021: - RECEIVED 5,365 BICYCLES THROUGH DONATION. - 1,469 BIKES GIVEN AWAY TO THE COMMUNITY. - 1,080 GOODWILL BIKES GIVEN AWAY TO KIDS. - 389 GOODWILL BIKES GIVEN AWAY TO ADULTS. - 1,793 BIKES SOLD AT AN AVERAGE COST OF 236 PER BIKE - 423 VOLUNTEERS DONATING 5,606 HOURS - 57.45 TONS OF RECYCLED MATERIAL (53.9 TONS OF METAL AND 3.55 TONS OF RUBBER) GOODWILL BIKES IS A PROGRAM THAT OFFERS FREE BICYCLES TO KIDS AND LOW- INCOME ADULTS. WE PARTNER WITH DOZENS OF ORGANIZATIONS THAT WORK WITH LOW- INCOME ADULTS AND PROVIDE FREE BIKES TO THEIR CLIENTS, REQUIRING ONLY A LETTER OF REFERRAL. MANY OF THE CHALLENGES OF 2020 CONTINUED INTO THE SECOND YEAR OF THE PANDEMIC WITH INCREASED AMBIGUITY, INCREASED DEMAND FOR BICYCLES, AND THE PURSUIT AND DISCIPLINE TO DEVELOP BRAND UNITY AND PREDICTABLE REVENUE STABILITY. FOR THE BICYCLE COLLECTIVE, 2021 WAS A YEAR OF TRANSFORMATION. IN EARLY 2021, AS THE PRESENCE OF COVID-19 AND MULTIPLE VARIANTS PERSISTED, WE KEPT OUR IN-PERSON YOUTH PROGRAMMING ON HOLD, OUT OF AN ABUNDANCE OF CAUTION. INSTEAD, WE SELF-PRODUCED A 9-EPISODE YOUTUBE VIDEO SERIES CALLED DUSTY & THE WRENCHES, GEARED TOWARDS TEACHING KIDS THE BASICS OF BICYCLE MAINTENANCE. THIS EXPERIMENT REPRESENTED A TRANSFORMATION IN TERMS OF HOW WE DELIVER CONTENT AND PROGRAMMING. IN MID 2021, WE UNVEILED A SIMPLE AND UNIFYING LOGO AND BRAND STYLE GUIDE TO CREATE IDENTITY AND CONSISTENCY ACROSS ALL CURRENT AND FUTURE LOCATIONS. THIS REPRESENTED A TRANSFORMATION IN HOW WE COMMUNICATE, AS PREVIOUSLY, EACH OF OUR FOUR LOCATIONS HAD THEIR OWN LOGOS. NEARING THE END OF 2021, THE BICYCLE COLLECTIVE LAUNCHED A NEW DIGITAL PLATFORM TO COMMUNICATE OUR CORE MISSION AND IMPACT, AND COMPLEMENT OUR RETAIL OPERATIONS. MOBILE-FIRST AND USER-CENTRIC IN DESIGN, WE ARE USING THE NEW WEB PLATFORM TO BUILD AWARENESS OF OUR REFURBISHED BIKES AND PARTS, BIKE ACCESSORIES, AND BRANDED MERCHANDISE TO POSITION THE BICYCLE COLLECTIVE AS A LEADING NATIONAL SOCIAL GOOD ENTERPRISE. INCREASED ONLINE AWARENESS IS DRIVING MORE PEOPLE INTO OUR PHYSICAL COMMUNITY BIKE SHOPS WHILE ENABLING SALES TO CUSTOMERS FROM FLORIDA, TEXAS, WISCONSIN, EVEN JAPAN THROUGHOUT THE YEAR, OUR VOLUNTEERS AND MECHANICS ENTHUSIASTICALLY REPAIRED, REFURBISHED, AND GAVE AWAY 1,469 BIKES BRINGING MUCH JOY AND GENERATING MANY SMILES. TALK ABOUT TRANSFORMATIONAL IN THE PROCESS, WE ARE INCREASING AWARENESS OF OUR CAMPAIGN TO RAISE FUNDS FOR THE NEW SALT LAKE CITY HUB. WE LOOK TO BREAK GROUND ON THIS NEW HEADQUARTERS BUILDING IN SUMMER 2022. THERE ARE MANY EXAMPLES OF COMMUNITY BIKE SHOPS AROUND THE COUNTRY, SOME THAT PROVIDE SOCIAL SERVICES, SOME THAT JUST OFFER A PLACE TO FIX A FLAT. THE BICYCLE COLLECTIVE IS THE ONLY INSTITUTION LIKE THIS IN ALL OF UTAH. OUR NEW HEADQUARTERS IS DESIGNED FOR EFFICIENCY TO BETTER SERVE OUR CONSTITUENTS, AND WITH PLENTY OF SPACE TO BUILD COMMUNITY. WE WILL BE ABLE TO HOUSE MULTIPLE OPERATIONS SIMULTANEOUSLY-SALES, SERVICE, AND PROGRAMMING. IN A SPACE DESIGNED TO BRING ALL OUR RESOURCES UNDER ONE ROOF, WE WILL HAVE INCREASED WAREHOUSE SPACE TO HANDLE DONATED BIKES AND PARTS, INCREASED RETAIL FLOOR TO DISPLAY BIKES, PARTS AND ACCESSORIES, AND SUPER- EFFICIENT WORKSTATIONS, AS WELL AS SPACE FOR OUR EDUCATIONAL PROGRAMMING. WITH A PERMANENT HOME, BICYCLE COLLECTIVE WILL HAVE BOTH THE SPACE AND RESOURCES TO GROW OUR AWARD-WINNING AND INSPIRING PROGRAMMING. OUR CENTER WILL PROVIDE A SAFE PLACE FOR ALL MEMBERS OF OUR COMMUNITY TO WORK ON THEIR OWN BIKES, LEARN BICYCLE MECHANICS, AND ATTEND A HOST OF CLASSES. IT WILL BRING CULTURAL VITALITY TO THE NEIGHBORHOOD AND WILL CONNECT THE WEST AND EAST QUADRANTS OF THE SALT LAKE VALLEY. WE ARE COMMITTED TO BUILDING A BIKING LEGACY FOR FUTURE GENERATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Mcaleer Executive Di | Officer | 50 | $88,000 |
Adan Carrillo Secretary | OfficerTrustee | 2 | $0 |
Irv Maddox Secretary | OfficerTrustee | 0.1 | $0 |
Jim O'callaghan Treasurer | OfficerTrustee | 3 | $0 |
Patrick Schwab PHD Vice Chair | OfficerTrustee | 7 | $0 |
Thayne Harbaugh Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,045,804 |
All other contributions, gifts, grants, and similar amounts not included above | $380,359 |
Noncash contributions included in lines 1a–1f | $375,550 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,426,163 |
Total Program Service Revenue | $786,996 |
Investment income | $8 |
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 | $2,213,167 |
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. | $88,000 |
Compensation of current officers, directors, key employees. | $35,200 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $623,404 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $121,313 |
Payroll taxes | $52,357 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,979 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,227 |
Office expenses | $9,383 |
Information technology | $91,372 |
Royalties | $0 |
Occupancy | $83,106 |
Travel | $1,346 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $75 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $16,798 |
All other expenses | $18,188 |
Total functional expenses | $1,688,154 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,149,255 |
Savings and temporary cash investments | $60,638 |
Pledges and grants receivable | $135,000 |
Accounts receivable, net | $3,569 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $9 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $178,072 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $165,732 |
Total assets | $2,692,275 |
Accounts payable and accrued expenses | $9,869 |
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 | $9,869 |
Net assets without donor restrictions | $726,465 |
Net assets with donor restrictions | $1,955,941 |
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 | $2,692,275 |
Over the last fiscal year, we have identified 1 grants that Salt Lake City Bicycle Collective has recieved totaling $10,080.
Awarding Organization | Amount |
---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $10,080 |
Organization Name | Assets | Revenue |
---|---|---|
Ubc National Job Corps Training Fund Inc Las Vegas, NV | $4,409,802 | $17,106,276 |
Southwestern Line Construction Electrical Joint Apprenticeship Albuquerque, NM | $14,369,563 | $8,044,899 |
Arizona Pipe Trades Joint Apprenticeship Trust Phoenix, AZ | $15,602,426 | $5,116,585 |
Nevada Partners Inc North Las Vegas, NV | $9,910,080 | $2,557,424 |
Mountain States Line Constructors Apprenticeship & Trng Joint Comm West Jordan, UT | $17,284,814 | $7,133,339 |
Join Inc Carson City, NV | $664,379 | $2,904,067 |
Independent Electrical Contractors Training Fund Inc Northglenn, CO | $9,955,340 | $3,926,354 |
Denver Electrical Joint Apprenticeship And Training Commit Denver, CO | $8,983,539 | $2,884,351 |
Construction Industry Training Council Of Colorado Inc Wheat Ridge, CO | $7,748,373 | $2,215,735 |
Womens Bean Project Denver, CO | $7,419,490 | $2,971,101 |
Utah Electrical Joint Apprenticeship And Training West Jordan, UT | $10,372,737 | $2,666,640 |
Northern Nevada Joint Apprentice & Training Comm For Elec Industry Reno, NV | $4,666,212 | $2,515,472 |