Hutchinson Community Video Network
- Assets
- $351.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hutchinson, MN
- Founding
- 02/1986
- Data as of
- 12/2023
- EIN
- 41-1522603
Organization Overview
Hutchinson Community Video Network is located in Hutchinson, MN. The organization was established in 1986. 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. Hutchinson Community Video Network 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, Hutchinson Community Video Network generated $137.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $155.8k 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
COMMUNITY VOLUNTEER PRODUCED PUBLIC CABLE TELEVISION PRODUCING AND SHOWING APPROXIMATELY 50 HOURS OF LOCAL COMMUNITY INTEREST PROGRAMMING PER WEEK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Guggemos Treasurer | 3 | $3,440 | |
Don Hansen Secretary | 0 | $0 | |
Marlin Torgerson Chairman | 0 | $0 | |
Paul Otte Director | 0 | $0 | |
Liz Marcus Program Dire | 40 | $66,890 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,214 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,427 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $137,641 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,557 |
| Professional fees and other payments to independent contractors | $3,290 |
| Occupancy, rent, utilities, and maintenance | $5,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $51,575 |
| Total expenses | $155,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $250,928 |
| Other assets | $0 |
| Total assets | $351,638 |
| Total liabilities | $1,249 |
| Net assets or fund balances | $350,389 |