Bike Hub

Organization Overview

Bike Hub is located in Bennington, VT. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Bike Hub employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bike Hub 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, Bike Hub generated $161.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $123.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ORGANIZATION FORMED TO MAKE BIKING MORE ACCESSIBLE TO THE COMMUNITY AND TO ENCOURAGE THE COMMUNITY TO LIVE A HEALTHY LIFESTYLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO MAKE BIKING MORE ACCESSIBLE TO THE COMMUNITY,TO PROMOTE HEALTHY LIFESTYLES AND TO ENCOURAGE THE USE OF BICYCLES AS A MODE OF TRANSPORTATION. THE BIKE HUB SELLS BIKES AND PROVIDES BIKE REPAIR SERVICES, OFFERS BIKE SAFETY WORKSHOPS, AND HOSTS GATHERINGS TO ENCOURAGE THE COMMUNITY TO PARTICIPATE IN OUTDOOR ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Chris Callahan
President
$0
Alan Bashevkin
Vice President
$0
Bruce Lierman
Treasurer
$0
Mark Anders
Secretary
$0
Julius Rosenwald
Agent
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $20,144
All other contributions, gifts, grants, and similar amounts not included above$56,720
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$76,864
Total Program Service Revenue$0
Investment income $62
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 $51,469
Miscellaneous Revenue$0
Total Revenue $161,438

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