Queens Public Communications Corporation
- Assets
- $19.3m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 44
- Location
- Flushing, NY
- Founding
- 11/1983
- Data as of
- 06/2022
- EIN
- 11-2657545
Organization Overview
Queens Public Communications Corporation is located in Flushing, NY. The organization was established in 1983. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Queens Public Communications Corporation employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queens Public Communications Corporation 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 06/2022, Queens Public Communications Corporation generated $6.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $5.0m during the year ending 06/2022. While expenses have increased by 2.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RESOURCES FOR QUEENS RESIDENTS TO USE PUBLIC ACCESS TV TO EXERCISE 1ST AMEND. RIGHTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel J Leone President/ceo | Officer | 35 | $250,635 |
Marguerite Rosmarin-Verrone Manager | 35 | $127,679 | |
Williamn Zowack Manager | 35 | $115,290 | |
Henry Kee Treasurer | OfficerTrustee | 3 | $0 |
Alfred Harris Secretary | OfficerTrustee | 3 | $0 |
Patrick J Dimotta Chairman | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,434,238 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,434,238 |
| Total Program Service Revenue | $0 |
| Investment income | $87,074 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,172,663 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,693,975 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $360,585 |
| Compensation of current officers, directors, key employees. | $73,048 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,908,314 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $550,972 |
| Payroll taxes | $169,331 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $144,448 |
| Advertising and promotion | $54,154 |
| Office expenses | $223,553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,339 |
| Travel | $30,627 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $828,699 |
| Insurance | $164,424 |
| All other expenses | $8,977 |
| Total functional expenses | $4,986,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,207 |
| Savings and temporary cash investments | $15,987,147 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,859 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $66,937 |
| Net Land, buildings, and equipment | $2,162,576 |
| Investments—publicly traded securities | $728,540 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,316,266 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $367,721 |
| Total liabilities | $367,721 |
| Net assets without donor restrictions | $18,948,545 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,316,266 |
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|---|---|---|
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Wxxi Public Broadcasting Council Rochester, NY | $26,835,003 | $14,361,773 |
Western New York Public Broadcasting Association Buffalo, NY | $20,445,081 | $15,235,511 |
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Geopath New York, NY | $2,097,357 | $11,766,480 |
Public Media Nj Inc New York, NY | $13,143,046 | $9,787,571 |
Wmht Educational Telecommunications Inc Troy, NY | $24,630,036 | $10,052,137 |
Democracy Now Productions Inc New York, NY | $36,977,400 | $9,199,755 |
Public Broadcasting Council Of Central New York Inc Old Liverpool Syracuse, NY | $17,299,983 | $6,896,548 |
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Movement Alliance Project Philadelphia, PA | $7,765,411 | $9,112,322 |
Markup News Inc New York, NY | $7,207,134 | $6,862,028 |