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Cincy Bike Share Inc

Red Bike

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464043546 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is Cincy Bike Share Inc?

Cincy Bike Share Inc, also known as Red Bike, is a nonprofit organization based in Cincinnati, Ohio, specifically at 600 Central Ave, 45202. Their primary mission is to operate Red Bike, the Cincinnati region's bike-sharing system, contributing to the region's mobility and vibrancy by providing an alternative transportation option. In 2022, Red Bike saw a substantial usage with 97,996 rides taken, among which 26.8% were by participants of their Low Income Member Program - Red Bike GO. The program had 489 members in total. The organization, with a staff of 15, served 1,208 annual or monthly members and 9,921 casual users that year.


Official website here: www.cincyredbike.org

Is Cincy Bike Share Inc legitimate?

Cincy Bike Share Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincy Bike Share Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,828

For more financial information, click here


Official website here: www.cincyredbike.org

What is the mission statement of Cincy Bike Share Inc?

Cincy Bike Share Inc's mission is centered around operating a bike-sharing system, specifically Red Bike in an unspecified region. This system serves as a transportation option, contributing to increased mobility and enhancing the overall vitality of the area. The mission aims to provide a convenient and sustainable mode of transportation, thereby adding to the community's liveliness. In 2022, Red Bike saw 97,996 rides taken, with 1,208 annual or monthly members and 9,921 casual users participating. The organization also offers a low-income membership program, Red Bike GO, which had 489 members and accounted for 26.8% of all rides in the year.


Official website here: www.cincyredbike.org

Who is the CEO of Cincy Bike Share Inc?

Leslie Maloney is the President of Cincy Bike Share Inc.


Official website here: www.cincyredbike.org

What is the revenue of Cincy Bike Share Inc?

Cincy Bike Share Inc's revenue in 2022 was $1,002,638.


Official website here: www.cincyredbike.org

Who are the executives of Cincy Bike Share Inc and what are their salaries?

The average compensation at Cincy Bike Share Inc during 2022 was $19,855. There are 15 employees and 11 volunteers at Cincy Bike Share Inc.

Here are 9 key members and their salaries:

    Leslie Maloney (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anastasia Mileham (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Maxwell (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Newton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bridget Doherty (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Gentil (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Henson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Whayne Herriford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Riddle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cincyredbike.org

    Where can I find the form 990 for Cincy Bike Share Inc?

    The Cincy Bike Share Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cincyredbike.org

    Learn more at the official website: www.cincyredbike.org

    Mission Statement of Cincy Bike Share Inc

    Cincy Bike Share Inc, an organization dedicated to enhancing mobility and vitality in the region, operates Red Bike, the local bike-sharing system. Their mission is to provide an alternative transportation option, contributing to the region's mobility and adding to its overall liveliness. By operating Red Bike, the nonprofit aims to cater to the needs of the community, encouraging environmentally friendly and active travel choices. In 2022, Red Bike saw 97,996 rides, with both annual and monthly members making up 1,208 users and 9,921 casual or walk-up users, respectively. Furthermore, the organization's low-income membership program, Red Bike Go, recorded 489 members who took 26,290 rides, accounting for 26.8% of all Red Bike rides during the year.

    Impact

    This information is meant to be a general summary of Cincy Bike Share Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Cincy Bike Share Inc, operating under the name Red Bike, has made a significant impact on the Cincinnati region by providing a convenient and environmentally friendly transportation option that enhances mobility and contributes to the vitality of the area. In 2022 alone, there were 97,996 rides taken on Red Bike, showcasing the increasing popularity and utilization of the bike share system. With 1,208 annual or monthly members and 9,921 casual or walk-up users in the same year, Red Bike has successfully attracted a diverse range of riders.

    Furthermore, the organization's low-income member program, Red Bike Go, has served 489 members who took 26,290 rides on Red Bike in 2022. These members accounted for 26.8% of all rides, highlighting the accessibility and inclusivity of the bike share system.

    Overall, Cincy Bike Share Inc's impact extends beyond just providing a transportation option; it fosters a sense of community, promotes sustainability, and improves connectivity in the Cincinnati region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $303,481
  • Gross Receipts: $1,002,638

    • Assets and Liabilities:
  • Total Assets: $1,351,742
  • Total Liabilities: $27,919
  • Net Assets: $1,323,823
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RIDER FEES / PASSES

    Revenue

    $303,481

    Organization Details

    Founding Year

    2013

    Principal Officer

    Leslie Maloney

    Main Address

    600 CENTRAL AVE, CINCINNATI, OH, 45202

    NTEE Category

    Code: W99 - Public benefit

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