Wet Mountain Broadcasting Corp
- Assets
- $238.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westcliffe, CO
- Founding
- 02/2009
- Data as of
- 12/2023
- EIN
- 26-3825042
Organization Overview
Wet Mountain Broadcasting Corp is located in Westcliffe, CO. The organization was established in 2009. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wet Mountain Broadcasting 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 12/2023, Wet Mountain Broadcasting Corp generated $97.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $123.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
BROADCASTING RELIABLE, INFORMATIVE, AND ENTERTAINING RADIO CONTENT FOR LOCAL COMMUNITY 24 HOURS PER DAY, 7 DAYS PER WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Cole Treasurer Through Feb 2023 | 5 | $0 | |
Gary Taylor President | 5 | $0 | |
Kathleen Blaha Vice President | 5 | $0 | |
Paul Leach Former Secretary | 5 | $0 | |
Don Pinnella Secretary | 5 | $0 | |
Sandi Dalton Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,741 |
| Total Program Service Revenue | $17,110 |
| Membership dues | $0 |
| Investment income | $5,220 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,309 |
| Other Revenue | $280 |
| Total Revenue | $97,213 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,840 |
| Professional fees and other payments to independent contractors | $21,398 |
| Occupancy, rent, utilities, and maintenance | $21,588 |
| Printing, publications, postage, and shipping | $2,104 |
| Other expenses | $43,293 |
| Total expenses | $123,223 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $233,977 |
| Other assets | $0 |
| Total assets | $238,359 |
| Total liabilities | $4,709 |
| Net assets or fund balances | $233,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Central Utah Telephone Association Inc Kanab, UT | $121,164,928 | $32,863,958 |
Craw-Kan Telephone Cooperative Inc Girard, KS | $75,521,936 | $30,625,152 |
Instructional Telecommunications Foundation Inc Boulder, CO | $36,556,987 | $6,200,292 |
Native Public Media Inc Flagstaff, AZ | $1,160,972 | $941,987 |
Wet Mountain Broadcasting Corp Westcliffe, CO | $238,359 | $0 |
Bush Telegraph Mission Phoenix, AZ | $0 | $0 |
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Law Matters Tucson, AZ | $1,667 | $0 |
Rocky Mountain Ham Radio Inc Evergreen, CO | $300,491 | $0 |