Salem Bicycle Club Ltd
- Assets
- $29.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salem, OR
- Founding
- 09/1992
- Data as of
- 12/2022
- EIN
- 93-0943612
Organization Overview
Salem Bicycle Club Ltd is located in Salem, OR. The organization was established in 1992. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Salem Bicycle Club Ltd is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Salem Bicycle Club Ltd generated $12.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $11.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HELD CLUB RIDES NEARLY EVERY WEEKEND OF THE YEAR. BENEFITED CLUB MEMBERS AND GUESTS THAT RODE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Speak Treasurer | 3 | $0 | |
Gary Strand Member At Large | 1 | $0 | |
Ron Henderson Member At Large | 2 | $0 | |
Doug Parrow Webmaster | 3 | $0 | |
Jackie Lefevre Accountant | 4 | $0 | |
David Philbrick President | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,858 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,517 |
| Other Revenue | $1,727 |
| Total Revenue | $12,123 |
| 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 | $2,164 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,500 |
| Other expenses | $4,785 |
| Total expenses | $11,449 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,629 |
| Other assets | $0 |
| Total assets | $29,629 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,629 |
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