How Does the MBBC use its funds?
The MBBC’s yearly expenses include those to put on the Chuckanut Century (with proceeds benefiting a local nonprofit – in 2014 the ride benefited OurTreeHouse), contributions to cycling for children, such as our contribution in 2013 and 2014 to buy helmets, safety flashers, and lights for low-income children for Bike to Work & School Day. The club partnered with everybodyBIKE to make the Bike to Work/School Day contribution happen. The club keeps its League of American Bicyclist membership up to date, as this is the organization through which we purchase insurance to protect the club and those who participate in our weekly club rides. Fees and expenses for the website and newsletter, which are sources of information for local and visiting cyclists, are a club expense. Miscellaneous other expenses exist, such as food for club social events, materials for ride leader training, and booth cost for the Seattle Bike Show.
HOW DOES THE MBBC ACQUIRE ITS FUNDS?
The MBBC yearly budget runs via membership dues, sponsorships from local businesses, charitable contributions, and earnings from fundraisers. A large and vibrant membership attracts sponsors and our large number of newsletters mailed as well as downloaded online encourages sponsors to run their logos and ads on our website and newsletter.