Lehigh Valley Public Telecommunications Corp
- Assets
- $43.9m
- Revenue
- $9.3m
- Investments
- $547.8k
- Employees
- 73
- Location
- Bethlehem, PA
- Founding
- 09/1965
- Data as of
- 06/2020
- EIN
- 23-1642883
Organization Overview
Lehigh Valley Public Telecommunications Corp is located in Bethlehem, PA. The organization was established in 1965. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Lehigh Valley Public Telecommunications Corp employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lehigh Valley Public Telecommunications Corp 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 06/2020, Lehigh Valley Public Telecommunications Corp generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $9.5m during the year ending 06/2020. While expenses have increased by 7.9% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE EDUCATE, INSPIRE, AND ENTERTAIN, WHILE STIMULATING AND DISSEMINATING THE EXCHANGE OF IDEAS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WLVT OPERATES A PUBLIC TELEVISION STATION SERVING A FOUR COUNTY AREA WITH OVER 12,000 MEMBERS. PBS39 PROVIDES TO THE COMMUNITY:- THE BROADCAST OF NON-COMMERCIAL TELEVISION PROGRAMS INTO 2.6 MILLION HOUSEHOLDS WITHIN EASTERN PENNSYLVANIA AND WESTERN NEW JERSEY WITH 5.2 MILLION VIEWERS. - EARLY CHILDHOOD EDUCATION FOR THOUSANDS OF PRESCHOOLERS AND THEIR PARENTS EACH YEAR AS WELL AS EDUCATIONAL CLASSROOM SERVICES, INCLUDING WEB-BASED ARCHIVES OF THOUSANDS OF EDUCATIONAL MATERIALS TO DEVELOP CURRICULUM THAT IMPACTS STUDENTS AND TEACHERS ON A DAILY BASIS. - AWARD-WINNING LOCAL DOCUMENTARY AND PUBLIC AFFAIRS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yonathan Greenbaum Chief Content Officer | Officer | 40 | $202,963 |
Andrea Cummis Chief Technology Officer | Officer | 40 | $168,892 |
Silvio J Scaglione Jr Vice President | Officer | 40 | $163,366 |
John Eureyecko Treasurer | OfficerTrustee | 1 | $0 |
Steven Thompson Chair | OfficerTrustee | 1 | $0 |
Susan Yee Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,922,688 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$26,557 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,323,671 |
| Statement of Expenses | |
|---|---|
| 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. | $556,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,273,942 |
| Pension plan accruals and contributions | $92,597 |
| Other employee benefits | $317,721 |
| Payroll taxes | $284,280 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $40,513 |
| Fees for services: Accounting | $58,278 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,414,158 |
| Advertising and promotion | $174,107 |
| Office expenses | $741,856 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $240,306 |
| Travel | $198,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,450 |
| Interest | $30,810 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $822,864 |
| Insurance | $72,084 |
| All other expenses | $0 |
| Total functional expenses | $9,505,260 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $316,741 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,893 |
| Prepaid expenses and deferred charges | $164,340 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $547,787 |
| Investments—program-related | $0 |
| Intangible assets | $40,954,843 |
| Other assets | $125,138 |
| Total assets | $43,912,817 |
| Accounts payable and accrued expenses | $418,669 |
| Grants payable | $0 |
| Deferred revenue | $20,000 |
| 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 | $2,163,997 |
| Other liabilities | $746,800 |
| Total liabilities | $3,349,466 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $40,563,351 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Lehigh Valley Public Telecommunications Corp has recieved totaling $1,203,536.
| Awarding Organization | Amount |
|---|---|
Witf Inc Harrisburg, PA PURPOSE: LEARN AT HOME DATACASTING INITIATIVE | $733,799 |
Neubauer Family Charitable Trust Mountain View, CA PURPOSE: ARTS & CULTURE | $387,500 |
Strivetogether Inc Cincinnati, OH PURPOSE: Shifting Public Accountability and Resources to Center Youth | $34,500 |
The Miami Foundation Inc Miami, FL PURPOSE: PROGRAM SUPPORT | $23,419 |
United Way Of The Greater Lehigh Valley Allentown, PA PURPOSE: DONOR DESIGNATED FOR GENERAL SUPPORT | $11,442 |
Julius & Katheryn Hommer Foundation Las Vegas, NV PURPOSE: GENERAL OPERATING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Downtown Community Television Center Inc New York, NY | $12,160,508 | $18,067,924 |
Storycorps Inc Brooklyn, NY | $16,608,870 | $12,121,023 |
Independence Public Media Of Philadelphia Inc Philadelphia, PA | $114,645,232 | $6,898,202 |
Lehigh Valley Public Telecommunications Corp Bethlehem, PA | $43,912,817 | $9,323,671 |
Manhattan Community Access Corporat Ion New York, NY | $36,696,255 | $8,423,391 |
Northeastern Pennsylvania Educational Television Association Pittston, PA | $33,133,906 | $6,320,974 |
Greater Cincinnati Television Educational Foundation Cincinnati, OH | $10,528,764 | $7,237,588 |
Greater Dayton Public Television Inc Dayton, OH | $8,014,778 | $6,126,511 |
Northeastern Educational Television Of Ohio Inc Kent, OH | $8,553,736 | $5,362,591 |
Montgomery Comm Television Inc Rockville, MD | $2,556,236 | $3,851,592 |
St Lawrence Valley Educational Television Council Inc Watertown, NY | $2,869,491 | $2,752,985 |
Iwt-Trnn Inc Baltimore, MD | $8,183,946 | $3,134,025 |