Guilford Community Television Inc
- Assets
- $302.9k
- Revenue
- $119.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Guilford, CT
- Founding
- 04/1993
- Data as of
- 06/2023
- EIN
- 06-1349846
Organization Overview
Guilford Community Television Inc is located in Guilford, CT. The organization was established in 1993. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guilford Community Television Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Guilford Community Television Inc generated $119.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $110.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVES THE GUILFORD COMMUNITY WITH PUBLIC ACCESS TELEVISION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Weinberg President | 3 | $0 | |
Jayne Romero Secretary | 3 | $0 | |
Michael Lorello Director | 3 | $0 | |
Michael Graziano Director | 3 | $0 | |
Eric Dillner Vice Preside | 3 | $0 | |
Rob Mccoole Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $118,349 |
| Interest on Savings | $238 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $665 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $119,252 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $30,315 |
| Pension plans, employee benefits | $2,592 |
| Interest | $0 |
| Taxes | $51 |
| Depreciation | $35,348 |
| Occupancy | $19,175 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,601 |
| Total operating and administrative expenses | $110,640 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $110,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,377 |
| Savings and temporary cash investments | $118,980 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $165,559 |
| Other assets | $0 |
| Total assets | $302,916 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |