2024-11-01T12:04:09-04:00 2023-12-31 460952065 BOUNTIFUL PEAK ADVISORS 1564 SOUTH 500 WEST SUITE 201 BOUNTIFUL UT 840107400 990 2023-01-01 810569811 SALT LAKE CITY BICYCLE COLLECTIVE SALT 8013282453 325 W 900 S SALT LAKE CITY UT 841012805 DONNA MCALEER EXECUTIVE DIRECTOR 8013282453 2024-09-25 true false JUSTIN R SHAW CPA CFE CGMA P00081558 8012943155 2024-10-29 2023 2024-10-15 13:58:12Z X X DONNA MCALEER 325 W 900 S SALT LAKE CITY UT 841012805 2172747 false X WWW.BICYCLECOLLECTIVE.ORG X 2002 UT 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. 10 10 45 334 0 1133703 1321333 955169 851414 6 0 0 2088878 2172747 0 0 892929 827724 0 71931 782560 945886 1675489 1773610 413389 399137 3107051 4941815 11256 1446883 3095795 3494932 X 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. false false 1578130 851414 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. 1578130 true true false false false false false false false false true false false false false false true false false false false false false false false false false false false false false false false false false false false false true false false false false true false false false true 0 0 45 true false false false false false false false false false false false false X 10 10 false false false false true true false true true false false true true true true false true true false false UT X X DONNA MCALEER 8013282453 325 W 900 S SALT LAKE CITY UT 841012805 DONNA MCALEER EXECUTIVE DI 50.00 X 93608 0 13212 JOSALYN BATES DIRECTOR 0.50 X 0 0 0 KIRKWOOD DONOVAN DIRECTOR 1.00 X 0 0 0 SEAN MURPHY CO-CHAIR 1.50 X 0 0 0 ANN MACKIN PHD CO-CHAIR 3.46 X X 0 0 0 PATRICK SCHWAB PHD CO-CHAIR 6.00 X X 0 0 0 TODD REEDER DIRECTOR 5.00 X 0 0 0 JEFF REINHART DIRECTOR 1.00 X 0 0 0 HAP SELIGA DIRECTOR 4.00 X 0 0 0 SHAWN TEIGEN DIRECTOR 1.00 X 0 0 0 MARIA VYAS DIRECTOR 0.50 X 0 0 0 93608 13212 false false false 844143 477190 128170 1321333 BIKE SALES 842364 842364 VALET BIKE PARKING EVENT FEES 9050 9050 851414 2172747 851414 93606 18721 46803 28082 581082 557867 11625 11590 100065 85515 8666 5884 52971 45269 4587 3115 53021 22940 30081 36865 35391 737 737 27196 26106 545 545 17404 16708 348 348 149661 143675 2993 2993 11690 11222 234 234 34113 32749 682 682 11486 11026 230 230 17090 16406 342 342 BIKE EXPENSE 398020 398020 DISTRIBUTOR SUPPLIES 124165 124165 SHOP SUPPLIES 20064 20064 FUNDRAISING SUPPLIES 16759 16759 28352 12286 15676 390 1773610 1578130 123549 71931 2613629 479720 60644 60650 50000 53279 7777 83 4193400 9 9 217076 62402 166160 154674 208832 3107051 4941815 11256 12770 1434113 11256 1446883 X 941280 -864098 2154515 4359030 3095795 3494932 3107051 4941815 399137 X false true X true false X 537281 1238708 1426163 1133703 1321333 5657188 602074 678473 786336 955169 842364 3864416 1139355 1917181 2212499 2088872 2163697 9521604 50000 277540 287000 450000 65000 1129540 50000 277540 287000 450000 65000 1129540 8392064 6 13 8 6 6 39 6 13 8 6 6 39 20646 8455 29101 1160007 1917194 2212507 2088878 2172158 9550744 0.87870 0.89170 0.00000 0.00000 X SUPPORTING SCHEDULE CAPITAL CAMPAIGN DONATION 500,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24843 24843 128604 31617 96987 26754 3300 23454 34475 26205 8270 2400 1280 1120 154674 2222747 50000 50000 2172747 2172747 1823610 50000 50000 1773610 1773610 X 2 128170 false false false FORM 990, PAGE 1, ITEM B THE "BOOKS ARE IN CARE OF" INDIVIDUAL WAS LISTED INCORRECTLY ON THE ORIGINAL RETURN. FORM 990 - ORGANIZATION'S MISSION 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. FORM 990, PAGE 2, PART III, 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. FORM 990, PAGE 6, PART VI, LINE 6 YES, THE ORGANIZATION DOES HAVE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A ALL MEMBERS ELECT TWELVE (12) DIRECTORS OF THE GOVERNING BOARD. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE DIRECTORS AND OFFICERS OF THE CORPORATION SHALL HAVE NO UNDISCLOSED ECONOMIC INTEREST IN THE PROCESS OF SECURING CONTRACTS. NO BID OR CONTRACT MAY BE AWARDED TO (I) A DIRECTOR OR OFFICER OF THIS CORPORATION, (II) ANY ENTITY WHICH SUCH PERSON OWNS, DIRECTLY OR INDIRECTLY OR THROUGH RELATIVES, MORE THAN THIRTY-FIVE PERCENT (35%) OF THE VOTING INTEREST THEREOF, (III) ANY ENTITY OF WHICH SUCH PERSON IS A DIRECTOR OR OFFICER, OR HAS A FINANCIAL INTEREST, OR (IV) A RELATIVE OF SUCH PERSON, MEANING HIS OR HER SPOUSE, ANCESTOR, BROTHER, SISTER, CHILDREN, GRANDCHILDREN OR THE SPOUSES OF BROTHERS, SISTERS, CHILDREN OR GRANDCHILDREN, UNLESS SUCH RELATIONSHIP HAS BEEN DISCLOSED TO THE BOARD AND THE BOARD OR COMMITTEE THEREOF IN GOOD FAITH AUTHORIZES THE AWARD BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED DIRECTORS, EVEN THOUGH THE DISINTERESTED DIRECTORS ARE LESS THAN A QUORUM. IN THE EVENT THAT THE CORPORATION DOES ENTER INTO NEW CONTRACTS, THE BOARD WILL DISCLOSE ECONOMIC INTEREST IN THE PROCESS OF SECURING CONTRACTS. IF A BOARD MEMBER IS RETROACTIVELY FOUND TO HAVE FAILED TO DISCLOSE A CONFLICT OF INTEREST, THE CONTRACT IN QUESTION WILL BE TERMINATED AND RE-NEGOTIATED BY THE DISINTERESTED DIRECTORS OF THE BOARD OR A COMMITTEE THEREOF. FORM 990, PAGE 6, PART VI, LINE 15A COMPARED SALARIES OF ED FOR SIMILAR-SIZED NONPROFITS FROM UTAH NONPROFIT ASSOCIATION'S COMPENSATION REPORT. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ORGANIZATION'S OFFICE. BICYCLE COLLECTIVE HUB INC 325 W 900 S SALT LAKE CITY UT 841012805 923324897 UT 501C3 12A N/A false false false false false false false false false false false false false false true true false false false false