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Nonprofit · EIN 42-1600481

MEMPHIS HIGHTAILERS BICYCLE CLUB

Also known as MHBC

Tax-exempt · MEMPHIS, TN 38187

Financials

$92K$97K2023$118K$122K2024$89K$89K2025
Revenue Expenses · by fiscal year end
Financials of MEMPHIS HIGHTAILERS BICYCLE CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$89,015$89,396-$381$20,550$8,937$11,613
December 31, 2024990$117,669$121,961-$4,292$21,490$9,496$11,994
December 31, 2023990$92,394$96,562-$4,168$18,717$2,431$16,286
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$33,363
Membership dues
$33,363
Program service revenue
$55,652
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$799
Occupancy
$16,010
Program services (functional)
$46,632
Management and general (functional)
$42,764

Balance sheet and other

Total assets, start of year
$21,490
Total assets, end of year
$20,550
Total liabilities, end of year
$8,937
Net assets, end of year
$11,613
Gross receipts
$89,015
Employees
0
Volunteers
100
Year formed
1972
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Tulio BertoriniPresident
Officer
10$0
Frank PittsTreasurer
Officer
5$0
Valerie KingSecretary
Officer
5$0
Joseph TillmanBCB100 Training Team Captain
Trustee or director
5$0
Andrew KjelanNewsletter Editor
Trustee or director
5$0
Brad WrightSAG & Website Coordinator
Trustee or director
5$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Tulio BertoriniPresident
Officer
10$0
Frank PittsTreasurer
Officer
5$0
Valerie KingSecretary
Officer
5$0
Joseph TillmanBCB100 Training Team Captain
Trustee or director
5$0
Andrew KjelanNewsletter Editor
Trustee or director
5$0
Brad WrightSAG & Website Coordinator
Trustee or director
5$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Tulio BertoriniPresident
Officer
10$0
Frank PittsTreasurer
Officer
5$0
Valerie KingSecretary
Officer
5$0
Joseph TillmanBCB100 Training Team Captain
Trustee or director
5$0
Andrew KjelanNewsletter Editor
Trustee or director
5$0
Brad WrightSAG & Website Coordinator
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 17096, MEMPHIS, TN 38187-0096
In care of
% VICTOR G BUTCHER CPA
Principal officer (990 for 2025)
Frank Pitts, 190 Perkins Ext, Memphis, TN 38117
Signed the 990
Frank Pitts, Treasurer
Phone
(901) 832-8811
Return prepared by
Victor G Butcher CPA LUTCF

Mission

Promote cycling and healthy living

990 for the year ended December 31, 2025

Program accomplishments

  • The Bluff City Blues 100 training team is a program to train cyclists to ride their bikes 100 miles, as well as shorter distances. The BCB Training team includes members and nonmembers. It is a program to train cyclists to ride various distances and it teaches them how to ride in a group, always careful of other cyclists and obstacles around them.
    Expenses $36,593 · revenue $26,345
  • The Charles Finney ride, Tour de LaGrange, Spring Classic, and Wolf River Cafe ride, and the Red,White,Blue ride are held at various times of the year. Most of the proceeds to to local individuals, as well as local charities.
    Expenses $10,039 · revenue $10,208

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1600481
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2024
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,550
Income (IRS master file)
$89,015

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$89,015$89,396$20,550IRS
990December 2024$117,669$121,961$21,490IRS
990December 2023$92,394$96,562$18,717XML
990December 2022$102,553$110,276$22,164IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1600481).

Questions about MEMPHIS HIGHTAILERS BICYCLE CLUB

What is the EIN of MEMPHIS HIGHTAILERS BICYCLE CLUB?
The employer identification number (EIN) of MEMPHIS HIGHTAILERS BICYCLE CLUB is 42-1600481.
Is MEMPHIS HIGHTAILERS BICYCLE CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
Are donations to MEMPHIS HIGHTAILERS BICYCLE CLUB tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEMPHIS HIGHTAILERS BICYCLE CLUB file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MEMPHIS HIGHTAILERS BICYCLE CLUB due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEMPHIS HIGHTAILERS BICYCLE CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MEMPHIS HIGHTAILERS BICYCLE CLUB?
The 990 for the year ended December 31, 2025 names Frank Pitts.
Who are the officers and directors of MEMPHIS HIGHTAILERS BICYCLE CLUB?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does MEMPHIS HIGHTAILERS BICYCLE CLUB have?
On its 990 for the year ended December 31, 2025 it reported revenue of $89,015, expenses of $89,396 and total assets of $20,550 at year end.

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