Hourcar

Organization Overview

Hourcar is located in Saint Paul, MN. The organization was established in 2017. According to its NTEE Classification (P52) the organization is classified as: Transportation Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Hourcar employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hourcar 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, Hourcar generated $1.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HOURCAR'S MISSION IS TO PROVIDE AFFORDABLE, ACCESSIBLE, AND SUSTAINABLE SHARED MOBILITY CHOICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021, HOURCAR OPERATED A FLEET OF APPROXIMATELY 45 VEHICLES. ACCORDING TO RESEARCH BY THE TRANSPORTATION SUSTAINABILITY RESEARCH COUNCIL IN BERKELEY, CALIFORNIA, EVERY CARSHARING VEHICLE PLACED IN SERVICE TAKES AN AVERAGE 9-13 PRIVATELY OWNED VEHICLES OFF THE ROAD. IN ADDITION, CARSHARING VEHICLES ARE ON AVERAGE 10 MPG MORE FUEL EFFICIENT THAN PERSONALLY OWNED VEHICLES. OPERATION OF THE FLEET HAS RESULTED IN SIGNIFICANT REDUCTION OF TAILPIPE EMISSIONS, REDUCED CONGESTION, AND ENHANCED QUALITY OF LIFE FOR RESIDENTS OF THE TWIN CITIES. IN 2021, HOURCAR LAUNCHED A NEW QUALIFIED LOW-INCOME RATE PROGRAM, ACCESS PLUS. HOUSEHOLDS EARNING LESS THAN 50 OF AREA MEDIAN INCOME ARE ELIGIBLE FOR THIS PROGRAM, WHICH OFFERS WAIVED REGISTRATION FEES, OUR LOWEST RATES, A COMPLEMENTARY DAMAGE FEE WAIVER, AND $6 IN MONTHLY DRIVING CREDIT, ALL FOR $1 A MONTH. THIS NEW RATE STRUCTURE IS DESIGNED TO MAKE CARSHARING MORE ACCESSIBLE AND IMPROVE TRANSPORTATION OPTIONS FOR LOW-INCOME COMMUNITIES. IN PARTNERSHIP WITH THE CITIES OF SAINT PAUL AND MINNEAPOLIS AND XCEL ENERGY, HOURCAR PILOTED A NEW ALL-ELECTRIC CARSHARING SERVICE LINE WITH A FOCUS ON SERVICE TO LOW-INCOME AND DIVERSE NEIGHBORHOODS. WE LAUNCHED THE PILOT, FEATURING 101 CHEVY BOLTS, IN AUGUST, BUT HAD TO SHUT IT DOWN IN SEPTEMBER DUE TO THE CHEVY. WE PLAN TO RELAUNCH IN EARLY 2022. THIS PROJECT WILL INCREASE OUR IMPACT IN TERMS OF EMISSIONS REDUCTIONS AND PROVIDING FLEXIBLE AND AFFORDABLE TRANSPORTATION OPTIONS FOR PEOPLE WHO CANNOT AFFORD TO OWN A CAR OR WHO CHOOSE NOT TO OWN ONE.


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Board, Officers & Key Employees

Name (title)Compensation
Paul Schroeder
CEO
$94,223
Kevin Lawless
President
$0
Alexander Potter
Treasurer
$0
Will Schroeer
Secretary
$0
Saif Benjafaar
Director
$0
Anjali Bains
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $136,468
All other contributions, gifts, grants, and similar amounts not included above$1,110,649
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,247,117
Total Program Service Revenue$548,918
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 $1,812,523

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Hourcar has recieved totaling $70,000.

Awarding OrganizationAmount
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES

$30,000
Lake Street Council

Minneapolis, MN

PURPOSE: General Support

$20,000
United States Energy Foundation

San Francisco, CA

PURPOSE: TO PROMOTE EDUCATION AND ANALYSIS TO ADVANCE CLEAN ENERGY AND ENERGY EFFICIENCY

$20,000
View Grant Recipient Profile

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