2025-09-23T11:51:55-07:00 2024-12-31 852992024 Shoreline Tax and Bookkeeping Services LLC 69 Old Post Rd Clinton CT 06413 990EZ 2024-01-01 822739918 VELODROME DEVELOPMENT FOUNDATION VELO 2034155298 451 BRANDYWINE DRIVE WEST CHESTER PA 19382 FREDERICK MAYER SECRETARY/TREASURER 2034155298 2025-05-15 true true Deborah DeRusha P01618199 8605524843 2025-09-23 X 2024 2025-03-06 01:10:19Z X VELODROMEFOUNDATION.ORG X X 149839 X 109839 40000 0 0 0 0 0 0 0 0 0 149839 136780 14120 150900 -1061 2135 1074 2135 1074 2135 1074 2135 1074 X SEE SCHEDULE O NATIONAL SPORTS AND EVENTS CENTER/VELODROME DEVELOPMENTSUPPORT AND PROMOTION: CONTINUED ON SCHEDULE O 0 125500 125500 STEPHEN WHISNANT PRESIDENT/CHAIRMAN 5.00 65000 0 0 GREG LEMOND HONORARY CHAIRMAN 1.00 0 0 0 DAVE CHAUNER VICE PRESIDENT 5.00 0 0 0 FREDERICK MAYER SECRETARY/TREASURER 5.00 0 0 0 BRUCE HERNANDEZ DIRECTOR 1.00 0 0 0 CROSBY WOOD DIRECTOR 5.00 0 0 0 MICHAEL DINDA DIRECTOR 1.00 0 0 0 KEVIN DUTT DIRECTOR 1.00 0 0 0 JASON DANNER DIRECTOR 1.00 0 0 0 SEAN CARITHERS DIRECTOR 1.00 0 0 0 PATRICK KINZELER DIRECTOR 1.00 0 0 0 AMBER LITTLE-TURNER DIRECTOR 1.00 0 0 0 false false false false false 0 false false 0 0 false false CA CO CT FL MD MA NJ NY PA RI VA DC FREDERICK MAYER 78 HART ROAD GUILFORD CT 06437 2034155298 false false false false false false false false false false false NONE 0 NONE 0 true X 0 18104 152570 42500 55635 109839 378648 0 0 18104 152570 42500 55635 109839 378648 274650 103998 0 0 0 378648 90200 0.27470 0.30350 X 0 0 0 Pt II Ln 17a 10% FACTS AND CIRCUMSTANCE TEST: VELODROME DEVELOPMENT FOUNDATION MEETS THE 10% FACTS AND CIRCUMSTANCES CRITERIA TO BE CONSIDERED A PUBLICLY SUPPORTED ORGANIZATION. THESE FACTS AND CIRCUMSTANCES INCLUDE: 1. THE ORGANIZATION AND GOVERNING BODY/BOARD REPRESENTS THE BROAD INTERESTS OF THE PUBLIC. 2. THERE IS A WEBSITE FOR THE ORGANIZATION VIA WHICH THE PUBLIC CAN MAKE DONATIONS. 3. THE LIS PENDENS LAWSUIT WHICH HAD SIGNIFICANTLY DELAYED PHILANTHROPIC OUTREACH WAS RECENTLY RESOLVED. THE PROPERTY FOR THE PROPOSED PROJECT WAS PURCHASED, ALLOWING FOR THE VELODROME DEVELOPMENT FOUNDATION TO SUBSTANTIATE PHILANTHROPIC ACTIVITY. 4. FUNDING FOR THE YEAR WAS MADE THROUGH LARGE DONATIONS BY AN INDIVIDUAL BOARD MEMBER. THESE LARGE DONATIONS WERE NECESSARY TO MAINTAIN OPERATIONS IN ADVANCE OF AND DURING THE LAND PURCHASE. THESE DONATIONS IMPACTED THE PERCENTAGE OF DIVERSE PUBLIC FUNDING. 5. THE ORGANIZATION ANTICIPATES LAUNCHING A LARGER, PUBLICLY-FUNDED CAMPAIGN IN Q4 2025 OR Q1 2026, AT WHICH POINT THEY ANTICIPATE MEETING THE 33 1/3% PUBLIC SUPPORT TEST. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Other PART III - ORGANIZATIONS MISSION: THE VELODROME DEVELOPMENT FOUNDATION WAS CREATED TO GROW AND HELP SUSTAIN THE SPORT OF CYCLING IN THE UNITED STATES. THE FOUNDATION HELPED CONCEIVE THE NATIONAL SPORTS AND EVENTS CENTER, A NEW PROJECT FOR THE COMMONWEALTH OF PENNSYLVANIA. THIS WORLD-CLASS FACILITY, THE FIRST OF ITS KIND IN THE U.S., WILL INCLUDE THE NATIONAL VELODROME, A STATE-OF-THE-ART INDOOR VELODROME, ALONG WITH CUSTOM DESIGNED SPACES TO HOST OTHER MAJOR ATHLETIC AND ENTERTAINMENT EVENTS. THE CENTERS COMMUNITY OUTREACH PROGRAMS WILL PROVIDE DYNAMIC AND CREATIVE OUTLETS FOR YOUNG PEOPLE TO BE INTRODUCED TO CYCLING. THE FOUNDATIONS CORE MISSION IN ITS SUPPORT OF THIS CENTER IS TO TEACH LIFE LESSONS THROUGH SPORTS AND TEAM BUILDING AND TO INSPIRE TODAYS YOUTH TO INCORPORATE POSITIVE HABITS OF FITNESS AND HEALTH IN THEIR LIVES. ACTIVE PARTNERSHIPS WILL BE ESTABLISHED WITH REGIONAL STATE ORGANIZATIONS TO GROW AND ENHANCE THE EXPERIENCE FOR ALL AND TO SERVE AS A TEMPLATE FOR OTHER FACILITIES AROUND THE COUNTRY. Other PART III, LINE 28 - PROGRAM ACCOMPLISHMENT, CONTD: THE ORGANIZATION ENGAGED SUBCONTRACTORS FOR THE FOLLOWING IN 2024: - WORLD CYCLING LIMITED LLC MANAGED AN RFP PROCESS FOR THE SELECTION OF A DESIGN BUILD FIRM AND PROJECT ARCHITECT. THESE ENTITIES WERE SECURED AND WILL COMMENCE WORK FOR THE DEVELOPMENT OF THE VELODROME COMPLEX. - WHISNANT STRATEGIES LLC CONTINUED THEIR DEVELOPMENT OF THE POTENTIAL DONOR AND FUNDER IDENTIFICATION AND OUTREACH. Form 990EZ, Part I, Line 16 MARKETING/ADVERTISING (FUNDRAISING) 6915. Form 990EZ, Part I, Line 16 BUSINESS REGISTRATION FEES 4022. Form 990EZ, Part I, Line 16 WEBSITE & SOFTWARE EXPENSES 2307. Form 990EZ, Part I, Line 16 INSURANCE 698. Form 990EZ, Part I, Line 16 BANK/MERCHANT FEES 121. Form 990EZ, Part I, Line 16 MEETINGS/MEALS 57.