Mountain Lake Public Telecommunications Council
- Assets
- $3.8m
- Revenue
- $2.3m
- Investments
- $632.9k
- Employees
- 23
- Location
- Plattsburgh, NY
- Founding
- 03/2003
- Data as of
- 06/2022
- EIN
- 14-1513789
Organization Overview
Mountain Lake Public Telecommunications Council is located in Plattsburgh, NY. The organization was established in 2003. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 06/2022, Mountain Lake Public Telecommunications Council employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Lake Public Telecommunications Council 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, Mountain Lake Public Telecommunications Council generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE AND ENRICH PEOPLE AND COMMUNITIES THROUGH MEANINGFUL STORYTELLING, ENTERTAINMENT, EDUCATION AND PUBLIC ENGAGEMENT
Describe the Organization's Program Activity:
PROGRAM SERVICES INCLUDE EXPENSES FOR BROADCAST OF INSTRUCTIONAL PROGRAMS FOR SCHOOLS, ADULT EDUCATIONAL AND CHILDREN'S INSTRUCTIONAL PROGRAMS AND PUBLIC INFORMATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Mccolgan President & | Officer | 40 | $119,788 |
Jamie Atkins 1st Vice Cha | OfficerTrustee | 2 | $0 |
Linda Bourgeois Chair | OfficerTrustee | 2 | $0 |
Christopher Kreig 2nd Vice Cha | OfficerTrustee | 2 | $0 |
Reg Carter Treasurer | OfficerTrustee | 2 | $0 |
Janice Marchut Conrad Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,460,645 |
| All other contributions, gifts, grants, and similar amounts not included above | $606,345 |
| Noncash contributions included in lines 1a–1f | $18,610 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,066,990 |
| Total Program Service Revenue | $0 |
| Investment income | $49,498 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $95,158 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,266,212 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $131,934 |
| Compensation of current officers, directors, key employees. | $131,934 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $626,415 |
| Pension plan accruals and contributions | $31,693 |
| Other employee benefits | $70,315 |
| Payroll taxes | $63,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,995 |
| Fees for services: Accounting | $14,700 |
| Fees for services: Lobbying | $30,797 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $257,710 |
| Advertising and promotion | $201 |
| Office expenses | $103,214 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $125,611 |
| Travel | $9,460 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $134,248 |
| Insurance | $70,565 |
| All other expenses | $28,000 |
| Total functional expenses | $2,322,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $697,385 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $22,000 |
| Accounts receivable, net | $70,661 |
| 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 | $49,534 |
| Net Land, buildings, and equipment | $2,298,488 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $632,914 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,114 |
| Total assets | $3,785,096 |
| Accounts payable and accrued expenses | $165,009 |
| Grants payable | $0 |
| Deferred revenue | $23,086 |
| 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 | $680,018 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $868,113 |
| Net assets without donor restrictions | $2,395,033 |
| Net assets with donor restrictions | $521,950 |
| 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 | $3,785,096 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mountain Lake Public Telecommunications Council has recieved totaling $10,010.
| Awarding Organization | Amount |
|---|---|
Greater Washington Educational Telecommunications Association Inc Arlington, VA PURPOSE: STATION GRANT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Endowment Analysis
| Beg. Balance | $112,232 |
| Earnings | -$19,585 |
| Net Contributions | $1,000 |
| Ending Balance | $93,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seamens Society For Children And Families Staten Island, NY | $5,020,134 | $20,127,273 |
Family Services Inc Poughkeepsie, NY | $11,302,603 | $22,651,312 |
United Services Inc Dayville, CT | $3,965,594 | $17,625,603 |
Child And Family Agency Of Southeastern Connecticut Inc New London, CT | $12,921,449 | $16,904,528 |
The Campaign Against Hunger Inc Brooklyn, NY | $6,995,780 | $16,531,662 |
The Partnership For Maternal And Child Health Of Northern Nj Inc Newark, NJ | $7,769,799 | $14,445,230 |
Project Hope Boston Inc Roxbury, MA | $9,700,637 | $15,440,351 |
Camden County Partnership For Children Inc Voorhees, NJ | $8,510,476 | $17,210,381 |
Family Services Of Nw Pa Erie, PA | $5,716,473 | $14,963,604 |
Jewish Family Service Of Atlantic County Inc Margate, NJ | $7,174,287 | $13,870,602 |
Leo Inc Lynn, MA | $14,551,712 | $12,741,162 |
Chor Youth & Family Services Inc Reading, PA | $3,718,610 | $12,892,612 |