Pedals for Progress

Fiscal year ending 2021. Filed on November 9, 2021.

PO Box 312
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 2021 IRS Form 990 filing, Pedals for Progress, a 501(c)(3) charitable organization, reported compensation for 3 out of 9 total employees. Among the employees shown here, the average compensation is $27,965. The highest compensated employee at Pedals for Progress is David Schweidenback with fiscal year 2021 compensation of $60,000. Pedals for Progress changed its name from Pedals for Progress a NJ Non Profi in 2024.

Revenue, expenses, and employee compensation

Revenue

$401,730

Expenses

$388,900

Employee compensation

$128,019
Revenue, expenses, and employee compensation over time

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

Revisions to this organization profile

March 24, 2025:
2024 Pedals for Progress 990 filed
November 15, 2023:
2023 Pedals for Progress 990 filed
December 11, 2022:
2022 Pedals for Progress 990 filed

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