Valley Spokesmen Bicycle Club
- Assets
- $195.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dublin, CA
- Founding
- 12/1983
- Data as of
- 12/2022
- EIN
- 94-2910031
Organization Overview
Valley Spokesmen Bicycle Club is located in Dublin, CA. The organization was established in 1983. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Valley Spokesmen Bicycle Club 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, Valley Spokesmen Bicycle Club generated $144.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $150.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 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 Mission:
Part 3 - Line 1
ENCOURAGE BICYCLE RIDING, ORGANIZE RIDES AND TOURS
Describe the Organization's Program Activity:
Part 3
THE VALLEY SPOKESMEN HOSTED THE 39TH ANNUAL CINDERELLA CLASSIC & CHALLENGE WHICH IS A "WOMEN ONLY" SINGLE DAY CYCLING EVENT OFFERING 65 AND 95 MILE OPTIONS. THE CINDERELLA CLASSIC HAS BECOME WHAT IS ARGUABLY THE PREMIER "WOMEN'S ONLY" CYCLING EVENT IN THE COUNTRY PROMOTING THE SPORT OF CYCLING TO WOMEN OF ALL AGES. THIS IS A TOTALLY "SUPPORTED" RIDE WITH FULLY STOCKED NUTRITION AND HYDRATION REST STOPS, ROVING SAG SUPPORT AND POST RIDE BANQUET. A SIZEABLE PORTION THE REGISTRATION FEES ARE DISTRIBUTED TO SUPPORT LOCAL WOMEN'S NON-PROFIT ORGANIZATIONS. THE 2015 CINDERELLA CLASSIC AND CHALLENGE DREW OVER 2,200 REGISTRANTS REPRESENTING TWELVE STATES AND OVER 250 CITIES. THE EXPO FEATURED 40+ EXHIBITORS. IT TOOK OVER 170 VOLUNTEERS TO SUPPORT THIS SUCCESSFUL EVENT.
VALLEY SPOKESMEN RACING TEAM HOSTED THE ANNUAL WENTE CLASSIC ROAD RACE. THIS IS A ROAD RACE IN THE HILLS OF LIVERMORE. THE ROAD RACE DREW OVER 600 RACERS.
THE FOLLOWING LONG DISTANCE RIDES WERE CONDUCTED:SUNOL TO PASO ROBLES - 20+ RIDERSTOUR OF THE SACRAMENTO RIVER DELTA - 200+ RIDERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Satish Sathe President | 2 | $0 | |
David Glazer Vice President | 2 | $0 | |
Don Carpenter Treasurer | 2 | $0 | |
Julie Uher Rec Secretary | 2 | $0 | |
Terry Cunningham Cycling Co-Dir | 30 | $0 | |
Bonnie Powers Admin Dir | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,951 |
| Total Program Service Revenue | $104,345 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $144,825 |
| 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 | $2,085 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,150 |
| Other expenses | $135,088 |
| Total expenses | $150,742 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,103 |
| Other assets | $0 |
| Total assets | $195,103 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,103 |
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