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Nonprofit · EIN 45-3547978

SLC BIKE SHARE

Tax-exempt · SALT LAKE CTY, UT 84111

Financials

$1.4M$1.7M2023$2.3M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of SLC BIKE SHARE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,254,066$1,302,824$951,242$1,802,174$91,481$1,710,693
December 31, 2023990$1,429,670$1,726,003-$296,333$921,939$162,486$759,453
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,095,340
of which government grants
$1,994,727
Program service revenue
$127,406
Investment income
$31,320
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$115,000
Other salaries and wages
$468,770
Salaries, compensation and benefits (total)
$705,592
Professional fundraising fees
$0
Accounting fees
$60,208
Occupancy
$35,619
Travel
$8,252
Depreciation
$113,147
Program services (functional)
$1,052,547
Management and general (functional)
$217,283
Fundraising (functional)
$32,994

Balance sheet and other

Total assets, start of year
$921,939
Total assets, end of year
$1,802,174
Total liabilities, end of year
$91,481
Net assets, end of year
$1,710,693
Land, buildings and equipment
$348,905
Net assets without donor restrictions
$803,193
Net assets with donor restrictions
$907,500
Gross receipts
$2,254,066
Employees
20
Volunteers
25
Year formed
2011
State of legal domicile
UT

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
STAN PENFOLDEXECUTIVE DI
Trustee or director, Officer
40$115,000$11,909
JON LARSENCHAIR
Trustee or director, Officer
1$0$0
JORY JOHNERVICE CHAIR
Trustee or director, Officer
1$0$0
CHASE MURDOCKTREASURER
Trustee or director
1$0$0
DEREK ALLENBOARD MEMBER
Trustee or director
0.25$0$0
DJ BAXTERBOARD MEMBER
Trustee or director
0.25$0$0
WILLIAM BECKERALT BOARD ME
Trustee or director
0.25$0$0
ALEX BIEMALT BOARD ME
Trustee or director
0.25$0$0
HEIDI GOEDHARTBOARD MEMBER
Trustee or director
0.25$0$0
ERIN MENDENHALLBOARD MEMBER
Trustee or director
0.25$0$0
SHAINA MIRON QUINNBOARD MEMBER
Trustee or director
0.25$0$0
ANDREA OLSENBOARD MEMBER
Trustee or director
0.25$0$0
RACHEL OTTOALT BOARD ME
Trustee or director
0.25$0$0
GREG REIDBOARD MEMBER
Trustee or director
0.25$0$0
MATT SIBULBOARD MEMBER
Trustee or director
0.25$0$0
3 more people on this return
NameTitleHours / weekCompensation
JUSTIN SMARTBOARD MEMBER
Trustee or director
0.25$0
MEGAN YUILLALT BOARD ME
Trustee or director
0.25$0
JARON ROBERTSONBOARD MEMBER
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
STAN PENFOLDEXECUTIVE DI
Trustee or director, Officer
40$110,552$10,279
JON LARSENCHAIR
Trustee or director, Officer
0.25$0$0
JORY JOHNERVICE CHAIR
Trustee or director, Officer
0.25$0$0
CHASE MURDOCKTREASURER
Trustee or director
0.25$0$0
DEREK ALLENBOARD MEMBER
Trustee or director
0.25$0$0
DJ BAXTERBOARD MEMBER
Trustee or director
0.25$0$0
WILLIAM BECKERBOARD MEMBER
Trustee or director
0.25$0$0
ALEX BIEMBOARD MEMBER
Trustee or director
0.25$0$0
HEIDI GOEDHARTBOARD MEMBER
Trustee or director
0.25$0$0
ERIN MENDENHALLBOARD MEMBER
Trustee or director
0.25$0$0
SHAINA MIRON QUINNBOARD MEMBER
Trustee or director
0.25$0$0
ANDREA OLSENBOARD MEMBER
Trustee or director
0.25$0$0
RACHEL OTTOBOARD MEMBER
Trustee or director
0.25$0$0
GREG REIDBOARD MEMBER
Trustee or director
0.25$0$0
MATT SIBULBOARD MEMBER
Trustee or director
0.25$0$0
JUSTIN SMARTBOARD MEMBER
Trustee or director
0.25$0$0

Address and contacts

Address (IRS master file)
150 S STATE ST STE 300, SALT LAKE CTY, UT 84111-1752
Principal officer (990 for 2024)
STAN PENFOLD, 150 S STATE ST STE 300, SALT LAKE CITY, UT 841111752
Signed the 990
STAN PENFOLD, EXECUTIVE DIRECTOR
Phone
(801) 333-1110
Return prepared by
BOUNTIFUL PEAK ADVISORS

Mission

TO PROVIDE ALTERNATIVE ENVIRONMENTALLY RESPONSIBLE TRANSPORTATION TO DOWNTOWN TRAVELERS THROUGH A BIKE SHARE PROGRAM.

990 for the year ended December 31, 2024

Program accomplishments

  • GREENBIKE BRIDGES PEOPLE AND PLACES BY OFFERING AN AFFORDABLE, HEALTHY, AND LOCALLY FOCUSED BIKE SHARE SYSTEM. WE REDUCE VEHICLE CONGESTION, IMPROVE AIR QUALITY IN UTAH, AND PROMOTE A VIBRANT COMMUNITY SPIRIT. WE ENVISION A HEALTHIER, MORE CONNECTED UTAH WHERE EVERYONE-REGARDLESS OF INCOME OR BACKGROUND-HAS ACCESS TO SAFE, RELIABLE, AND AFFORDABLE TRANSPORTATION. GREENBIKE PLAYS A VITAL ROLE IN THIS VISION BY CONNECTING PEOPLE, NEIGHBORHOODS, AND DESTINATIONS, COMPLEMENTING PUBLIC TRANSIT, AND ENCOURAGING ACTIVE LIFESTYLES. IN 2024 OUR MONTHLY AND ANNUAL RIDERSHIP INCREASED BY AS MUCH AS 35% OVER THE SAME PERIODS IN 2023. OUR SYSTEM CONTINUES TO GROW AND EXPAND IN BOTH SALT LAKE CITY AND OGDEN WITH NEW STATIONS, NEW E-BIKES AND INCREASED RIDERSHIP.
    Expenses $1,052,547 · revenue $127,406

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-3547978
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,802,174
Income (IRS master file)
$2,254,066

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,254,066$1,302,824$1,802,174IRS
990December 2023$1,429,670$1,726,003$921,939XML
990December 2022$449,491$1,438,768$1,449,696IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 45-3547978).

Questions about SLC BIKE SHARE

What is the EIN of SLC BIKE SHARE?
The employer identification number (EIN) of SLC BIKE SHARE is 45-3547978.
Is SLC BIKE SHARE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to SLC BIKE SHARE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SLC BIKE SHARE 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 SLC BIKE SHARE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SLC BIKE SHARE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SLC BIKE SHARE?
The 990 for the year ended December 31, 2024 names STAN PENFOLD.
Who are the officers and directors of SLC BIKE SHARE?
The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $115,000 (STAN PENFOLD, EXECUTIVE DI).
How much revenue does SLC BIKE SHARE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,254,066, expenses of $1,302,824 and total assets of $1,802,174 at year end.

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