Pedals for Progress
Fiscal year ending 2024. Filed on March 24, 2025.
65 East Main Street
High Bridge, New Jersey 08829
Pedals for Progress (EIN: 22-3122003) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Pedals for Progress, a 501(c)(3) charitable organization, reported compensation for 2 out of 5 total employees. Among the employees shown here, the average compensation is $37,209. The highest compensated employee at Pedals for Progress is Alan Schultz with fiscal year 2024 compensation of $51,500. Pedals for Progress changed its name from Pedals for Progress a NJ Non Profi in 2024.
Revenue, expenses, and employee compensation
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Mission Statement
TO EMPOWER SUSTAINABLE ECONOMIC DEVELOPMENT BY RECYCLING BICYCLES AND SEWING MACHINES FROM THE US AND SHIPPING THEM TO MOTIVATED PEOPLE IN THE DEVELOPING WORLD. SINCE ITS INCEPTION IN 1991 AND FROM THE SEED OF AN IDEA BY ITS FOUNDER(A FORMER PEACE CORPS VOLUNTEER), THE ORGANIZATION HAS GROWN INTO AN ENTERPRISE THAT HAS CUMULATIVELY COLLECTED AND DISTRIBUTED OVER 162,000 BICYCLES AND OVER 5,200 SEWING MACHINES TO THE WORKING POOR IN CENTRAL AMERICA, AFRICA, EASTERN EUROPE, ASIA AND THE ISLANDS OF THE CARIBBEAN AND THE PACIFIC BASIN. THROUGH VOLUNTEER LABOR AND TAX-DEDUCTIBLE DONATIONS OF MONEY AND MATERIALS, PEDALS FOR PROGRESS/SEWING PEACE COLLECTS, WAREHOUSES, AND SHIPS NEW AND USED BIKES, PARTS AND ACCESSORIES TO RECIPIENT COUNTRIES WHERE THEY ARE REPAIRED BY NON-PROFIT PARTNER ORGANIZATIONS (PROVIDING EMPLOYMENT, BUILDING MANAGEMENT AND REPAIR SKILLS TO THEIR STAFF)AND SUBSEQUENTLY BUILDING MANAGEMENT AND REPAIR SKILLS TO THEIR STAFF)AND SUBSEQUENTLY, SOLD AT COST TO HELP LOW-INCOME
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