FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: EXPLORE BIKE SHARE IS FUNDAMENTALLY REVOLUTIONIZING PERSONAL MOBILITY IN MEMPHIS BY CREATING A HEALTHY, CLEAN, AND ACCESSIBLE TRANSPORTATION ALTERNATIVE THAT ALSO ADVANCES MEMPHIS IN CULTURE AND TOURISM AND CONNECTS OUR COMMUNITIES. EXPLORE BIKE SHARE, INC. HAS DEVELOPED, IMPLEMENTED, AND CONTINUES TO OPERATE AND EXPAND A BIKE-SHARING PROGRAM FOR THE BENEFIT OF AS MANY MEMPHIANS AS POSSIBLE. THE ORGANIZATION PROMOTES BIKE CULTURE THROUGH COMMUNITY DEVELOPMENT, BIKE EDUCATION, AND SAFETY TRAINING. FINALLY, THE ORGANIZATION ENCOURAGES EXERCISE AND HEALTHY LIFESTYLES FOR ALL MEMPHIANS.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Human Services organizations in Tennessee.
| Position | Total |
|---|---|
Executive Di Median to 75th percentile | $110k $117k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 8 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at EXPLORE BIKE SHAREINC equaled 12% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about EXPLORE BIKE SHAREINC
What does the Chief Executive Officer of EXPLORE BIKE SHAREINC earn?
In 2024, the Chief Executive Officer of EXPLORE BIKE SHAREINC received $110,477 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in Tennessee, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at EXPLORE BIKE SHAREINC compare with similar nonprofits?
Compared with the same role at Human Services organizations in Tennessee, the 2024 pay of the Chief Executive Officer at EXPLORE BIKE SHAREINC falls between the median and the 75th percentile. In 2024, the highest total compensation at EXPLORE BIKE SHAREINC equaled 12% of the organization's total expenses. The median for human services organizations is 8%.
What are EXPLORE BIKE SHAREINC's revenue and expenses?
In 2024, EXPLORE BIKE SHAREINC reported $1.1M in total revenue and $951k in total expenses on its IRS Form 990.
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