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 12/2023, Salt Lake City Bicycle Collective employed 45 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 12/2023, Salt Lake City Bicycle Collective generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.8m during the year ending 12/2023. While expenses have increased by 8.9% 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
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 2023: - RECEIVED 5,686 BICYCLES THROUGH DONATION. - 1,349 BIKES GIVEN AWAY TO THE COMMUNITY. - 779 GOODWILL BIKES GIVEN AWAY TO KIDS. - 570 GOODWILL BIKES GIVEN AWAY TO ADULTS. - 1,556 BIKES SOLD AT AN AVERAGE COST OF 283 PER BIKE - 334 VOLUNTEERS DONATING 6,757 HOURS - 2,334 BIKES PARKED (VALET) - 82.5 TONS OF RECYCLED MATERIAL (79.2 TONS OF METAL AND 3.3 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. TRANSPORTATION IS A FORMIDABLE BARRIER TO ECONOMIC MOBILITY. ACCESS TO NEARLY EVERYTHING ASSOCIATED WITH ECONOMIC PROGRESS AND UPWARD MOBILITY - JOBS, QUALITY FOOD, FAIRLY-PRICED GOODS AND SERVICES, HEALTHCARE, AND SCHOOL -- DEPENDS ON THE ABILITY TO GET AROUND EFFICIENTLY AND FOR AN AFFORDABLE PRICE. PRACTICAL AND AFFORDABLE, A BIKE CONTRIBUTES TO ECONOMIC WELL-BEING, EMOTIONAL STABILITY, AND PHYSICAL HEALTH. IT IS A SIMPLE, ECO- FRIENDLY TRANSPORTATION OPTION. WE WORK WITH MORE THAN 60 COMMUNITY PARTNERS ACROSS UTAH WHO HELP US IDENTIFY THOSE WHO WOULD BENEFIT MOST FROM A FREE BIKE AS PART OF OUR BIKES-FOR-GOODWILL PROGRAM. FOR OTHERS, WE OFFER AFFORDABLE USED BIKES AND PARTS DIRECTLY THROUGH OUR FOUR COMMUNITY SPACES AND ONLINE. ON NOVEMBER 29, 45 DAYS AFTER WE CLOSED THE DOORS OF OUR OLD LOCATION IN SOUTH SALT LAKE, WE OPENED THE DOORS OF OUR NEW HUB AND HEADQUARTERS. LOCATED IN THE GRANARY DISTRICT IN SALT LAKE CITY, OUR NEW HUB ALLOWS US TO: INCREASE OUR IMPACT THROUGHOUT UTAH, ACCEPT MORE DONATED BIKES TO REFURBISH, GIVE MORE BIKES TO PEOPLE IN NEED, KEEP MORE UNWANTED BIKES OUT OF LANDFILLS BY RECYCLING MATERIALS PROPERLY, AND WILL OFFER REVAMPED COMMUNITY EDUCATION. OUR NEW HUB IS A HIP, FUN, AND FUNCTIONAL PLACE FOR PEOPLE TO GATHER AND CONNECT, AND A PLACE TO SUPPORT THOSE IN NEED WITH CRITICAL AND ACCESSIBLE SERVICES. IT IS THE CULMINATION OF A NEARLY 10-YEAR JOURNEY AND A PLACE FROM WHICH WE WILL STRIVE TO INCREASE OUR IMPACT AND TO REDUCE ENERGY CONSUMPTION WITH A 118-PANEL ROOFTOP SOLAR ARRAY. THE FRONT DOORS OPEN TO THE 9 LINE TRAIL CORRIDOR, A WALKING AND BICYCLING TRAIL ALONG 900 SOUTH THAT CONNECTS EAST AND WEST SALT LAKE CITY. A HALF BLOCK EAST IS 300 WEST WHICH FEATURES A SEPARATED, TWO-WAY, 10-FOOT-WIDE BIKE LANE, AND UPGRADED SIDEWALKS. SPECIAL PROJECT FEATURES INCLUDE RAISED SIDEWALKS AND BIKEWAYS AT ALL NON-SIGNALIZED INTERSECTIONS, BIKE COUNTERS, WAYFINDING SIGNAGE, AND GREEN-TINTED CONCRETE. ALL ARE PART OF THE CITY'S COMMITMENT TO PRIORITIZING BIKING AS A SUSTAINABLE AND ACCESSIBLE MODE OF TRANSPORTATION. WE FULLY FUNDED OUR CONSTRUCTION THROUGH A COMBINATION OF EQUITY AND DEBT FINANCING. THROUGH A CAPITAL CAMPAIGN, WE RAISED MORE THAN HALF THE MONEY NEEDED TO COMMENCE CONSTRUCTION. WE CLOSED A NEW MARKETS TAX CREDIT THAT NETS 1.2 MILLION IN EQUITY FINANCING. THIS CREDIT (NMTC) PROGRAM USES A FEDERAL TAX CREDIT TO INCENT INVESTMENT IN QUALIFIED LOW-INCOME AREAS TO FINANCE BUSINESS OPERATIONS AND REAL ESTATE PROJECTS. SALT LAKE CITY HAS BEEN A VALUABLE PARTNER SINCE DAY ONE. FROM PROVIDING THE LAND AT NO COST, THEY RECOGNIZE THE KEY ROLE WE PLAY IN THE COMMUNITY AND THE IMPORTANCE OF THIS LOCATION BRIDGING THE EAST AND WEST SIDES OF THE CITY ALONG THE 9-LINE TRAIL TO THE 1.4 MILLION CONSTRUCTION BRIDGE LOAN THE CITY'S REGIONAL DEVELOPMENT AGENCY (RDA) APPROVED. WE ARE NOW FOCUSED ON SERVICING AND RETIRING THE LOAN AND OPERATING DEBT- FREE. CYCLING IS NOT JUST A FUN ACTIVITY, IT'S A GREAT WAY TO PROMOTE A HEALTHY LIFESTYLE, REDUCE POLLUTION, AND IMPROVE PUBLIC SAFETY. OUR WORK IN PROVIDING INDEPENDENT TRANSPORTATION IN MEETING EVERYDAY NEEDS IS AN INTEGRAL PART OF THE HOMELESS SERVICES PROVIDER COMMUNITY AND ESSENTIAL TO BUILDING A BRIDGE TO SELF-RELIANCE. WE OFTEN MEET OUR CLIENTS WHEN THEY ARE MOST VULNERABLE, OUR FOCUS IS ON HUMAN KINDNESS AND BEING BOTH HUMAN AND KIND BY REBUILDING BIKES AND BUILDING COMMUNITIES.
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 2023: - RECEIVED 5,686 BICYCLES THROUGH DONATION. - 1,349 BIKES GIVEN AWAY TO THE COMMUNITY. - 779 GOODWILL BIKES GIVEN AWAY TO KIDS. - 570 GOODWILL BIKES GIVEN AWAY TO ADULTS. - 1,556 BIKES SOLD AT AN AVERAGE COST OF 283 PER BIKE - 334 VOLUNTEERS DONATING 6,757 HOURS - 2,334 BIKES PARKED (VALET) - 82.5 TONS OF RECYCLED MATERIAL (79.2 TONS OF METAL AND 3.3 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. TRANSPORTATION IS A FORMIDABLE BARRIER TO ECONOMIC MOBILITY. ACCESS TO NEARLY EVERYTHING ASSOCIATED WITH ECONOMIC PROGRESS AND UPWARD MOBILITY - JOBS, QUALITY FOOD, FAIRLY-PRICED GOODS AND SERVICES, HEALTHCARE, AND SCHOOL -- DEPENDS ON THE ABILITY TO GET AROUND EFFICIENTLY AND FOR AN AFFORDABLE PRICE. PRACTICAL AND AFFORDABLE, A BIKE CONTRIBUTES TO ECONOMIC WELL-BEING, EMOTIONAL STABILITY, AND PHYSICAL HEALTH. IT IS A SIMPLE, ECO- FRIENDLY TRANSPORTATION OPTION. WE WORK WITH MORE THAN 60 COMMUNITY PARTNERS ACROSS UTAH WHO HELP US IDENTIFY THOSE WHO WOULD BENEFIT MOST FROM A FREE BIKE AS PART OF OUR BIKES-FOR-GOODWILL PROGRAM. FOR OTHERS, WE OFFER AFFORDABLE USED BIKES AND PARTS DIRECTLY THROUGH OUR FOUR COMMUNITY SPACES AND ONLINE. ON NOVEMBER 29, 45 DAYS AFTER WE CLOSED THE DOORS OF OUR OLD LOCATION IN SOUTH SALT LAKE, WE OPENED THE DOORS OF OUR NEW HUB AND HEADQUARTERS. LOCATED IN THE GRANARY DISTRICT IN SALT LAKE CITY, OUR NEW HUB ALLOWS US TO: INCREASE OUR IMPACT THROUGHOUT UTAH, ACCEPT MORE DONATED BIKES TO REFURBISH, GIVE MORE BIKES TO PEOPLE IN NEED, KEEP MORE UNWANTED BIKES OUT OF LANDFILLS BY RECYCLING MATERIALS PROPERLY, AND WILL OFFER REVAMPED COMMUNITY EDUCATION. OUR NEW HUB IS A HIP, FUN, AND FUNCTIONAL PLACE FOR PEOPLE TO GATHER AND CONNECT, AND A PLACE TO SUPPORT THOSE IN NEED WITH CRITICAL AND ACCESSIBLE SERVICES. IT IS THE CULMINATION OF A NEARLY 10-YEAR JOURNEY AND A PLACE FROM WHICH WE WILL STRIVE TO INCREASE OUR IMPACT AND TO REDUCE ENERGY CONSUMPTION WITH A 118-PANEL ROOFTOP SOLAR ARRAY. THE FRONT DOORS OPEN TO THE 9 LINE TRAIL CORRIDOR, A WALKING AND BICYCLING TRAIL ALONG 900 SOUTH THAT CONNECTS EAST AND WEST SALT LAKE CITY. A HALF BLOCK EAST IS 300 WEST WHICH FEATURES A SEPARATED, TWO-WAY, 10-FOOT-WIDE BIKE LANE, AND UPGRADED SIDEWALKS. SPECIAL PROJECT FEATURES INCLUDE RAISED SIDEWALKS AND BIKEWAYS AT ALL NON-SIGNALIZED INTERSECTIONS, BIKE COUNTERS, WAYFINDING SIGNAGE, AND GREEN-TINTED CONCRETE. ALL ARE PART OF THE CITY'S COMMITMENT TO PRIORITIZING BIKING AS A SUSTAINABLE AND ACCESSIBLE MODE OF TRANSPORTATION. WE FULLY FUNDED OUR CONSTRUCTION THROUGH A COMBINATION OF EQUITY AND DEBT FINANCING. THROUGH A CAPITAL CAMPAIGN, WE RAISED MORE THAN HALF THE MONEY NEEDED TO COMMENCE CONSTRUCTION. WE CLOSED A NEW MARKETS TAX CREDIT THAT NETS 1.2 MILLION IN EQUITY FINANCING. THIS CREDIT (NMTC) PROGRAM USES A FEDERAL TAX CREDIT TO INCENT INVESTMENT IN QUALIFIED LOW-INCOME AREAS TO FINANCE BUSINESS OPERATIONS AND REAL ESTATE PROJECTS. SALT LAKE CITY HAS BEEN A VALUABLE PARTNER SINCE DAY ONE. FROM PROVIDING THE LAND AT NO COST, THEY RECOGNIZE THE KEY ROLE WE PLAY IN THE COMMUNITY AND THE IMPORTANCE OF THIS LOCATION BRIDGING THE EAST AND WEST SIDES OF THE CITY ALONG THE 9-LINE TRAIL TO THE 1.4 MILLION CONSTRUCTION BRIDGE LOAN THE CITY'S REGIONAL DEVELOPMENT AGENCY (RDA) APPROVED. WE ARE NOW FOCUSED ON SERVICING AND RETIRING THE LOAN AND OPERATING DEBT- FREE. CYCLING IS NOT JUST A FUN ACTIVITY, IT'S A GREAT WAY TO PROMOTE A HEALTHY LIFESTYLE, REDUCE POLLUTION, AND IMPROVE PUBLIC SAFETY. OUR WORK IN PROVIDING INDEPENDENT TRANSPORTATION IN MEETING EVERYDAY NEEDS IS AN INTEGRAL PART OF THE HOMELESS SERVICES PROVIDER COMMUNITY AND ESSENTIAL TO BUILDING A BRIDGE TO SELF-RELIANCE. WE OFTEN MEET OUR CLIENTS WHEN THEY ARE MOST VULNERABLE, OUR FOCUS IS ON HUMAN KINDNESS AND BEING BOTH HUMAN AND KIND BY REBUILDING BIKES AND BUILDING COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Mcaleer Executive Di | Officer | 50 | $93,608 |
Josalyn Bates Director | Trustee | 0.5 | $0 |
Kirkwood Donovan Director | Trustee | 1 | $0 |
Sean Murphy Co-Chair | Trustee | 1.5 | $0 |
Ann Mackin PHD Co-Chair | OfficerTrustee | 3.46 | $0 |
Patrick Schwab PHD Co-Chair | OfficerTrustee | 6 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $844,143 |
All other contributions, gifts, grants, and similar amounts not included above | $477,190 |
Noncash contributions included in lines 1a–1f | $128,170 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,321,333 |
Total Program Service Revenue | $851,414 |
Investment income | $0 |
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 | $2,172,747 |
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. | $93,606 |
Compensation of current officers, directors, key employees. | $46,803 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $581,082 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $100,065 |
Payroll taxes | $52,971 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $53,021 |
Advertising and promotion | $36,865 |
Office expenses | $27,196 |
Information technology | $17,404 |
Royalties | $0 |
Occupancy | $149,661 |
Travel | $11,690 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $34,113 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,486 |
Insurance | $17,090 |
All other expenses | $28,352 |
Total functional expenses | $1,773,610 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $479,720 |
Savings and temporary cash investments | $60,650 |
Pledges and grants receivable | $53,279 |
Accounts receivable, net | $83 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,193,400 |
Inventories for sale or use | $9 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $154,674 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,941,815 |
Accounts payable and accrued expenses | $12,770 |
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 | $1,434,113 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,446,883 |
Net assets without donor restrictions | -$864,098 |
Net assets with donor restrictions | $4,359,030 |
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 | $4,941,815 |