Abc Television Affiliates Assoc Kcau Tv
- Assets
- $3.9m
- Revenue
- $2.0m
- Investments
- $667.9k
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 03/1978
- Data as of
- 12/2021
- EIN
- 52-0817941
Organization Overview
Abc Television Affiliates Assoc Kcau Tv is located in Raleigh, NC. The organization was established in 1978. 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. Abc Television Affiliates Assoc Kcau Tv is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Abc Television Affiliates Assoc Kcau Tv generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $492.1k during the year ending 12/2021. While expenses have increased by 2.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSES AND OBJECTIVES OF THE ASSOCIATION ARE: A) TO CREATE, FOSTER AND MAINTAIN BY LAWFUL AND PROPER MEANS AN ORGANIZATION FOR THE MUTUAL ADVANCEMENT AND WELFARE OF THOSE TELEVISION MEMBER STATIONS AFFILIATED WITH THE ABC TELEVISION NETWORK; B) TO INFORM, COUNSEL AND ADVISE THE ABC TELEVISION NETWORK BY LAWFUL AND PROPER MEANS WITH RESPECT TO THE PROBLEMS AND CONCERNS OF MEMBER TELEVISION STATIONS AFFILIATED WITH THE ABC TELEVISION NETWORK; C) TO PROMOTE, FOSTER AND PRESERVE IN THE PUBLIC INTEREST, GOOD AND LAWFUL PRACTICES OF THE TELEVISION INDUSTRY; D) TO REPRESENT AND ADVOCATE BEFORE ADMINISTRATIVE, EXECUTIVE, LEGISLATIVE AND JUDICIAL BRANCHES OF FEDERAL, STATE AND LOCAL GOVERNMENTS THE VIEWS AND INTERESTS OF MEMBER TELEVISION STATIONS AFFILIATED WITH THE ABC TELEVISION NETWORK; AND E) TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH A NONPROFIT CORPORATION MAY BE ORGANIZED AND MAINTAINED UNDER THE LAWS OF THE DISTRICT OF COLUMBIA. THE PRIMARY EXEMPT PURPOSE IS PROBABLY BEST
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE CLOSER COOPERATION AND UNDERSTANDING BETWEEN AFFILIATE COMPANIES AND THE NETWORK.
ADVANCE INTERESTS OF ABC AFFILIATES BEFORE THE LEGISLATIVE, EXECUTIVE, AND JUDICIAL BRANCHES OF GOVERNMENT.
EDUCATE THE PUBLIC, STATE LEADERS AND BUSINESSES ABOUT THE USES AND VALUE OF ABC AFFILIATES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Meara Chair/president | OfficerTrustee | 2 | $0 |
Dean Littleton Vice Chair | OfficerTrustee | 1 | $0 |
Teddie Gibbon Secretary | OfficerTrustee | 1 | $0 |
Brad Ramsey Treasurer | OfficerTrustee | 1 | $0 |
Lisa Reynolds Executive Manager | Officer | 1 | $0 |
Ray Carter Eastern Time Zone 2 Governor | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,885,729 |
| Investment income | $66,705 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,103 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,969,537 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $33,000 |
| Fees for services: Legal | $381,891 |
| Fees for services: Accounting | $7,670 |
| Fees for services: Lobbying | $29,669 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,606 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,656 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,497 |
| Travel | $1,344 |
| 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 | $0 |
| Insurance | $2,530 |
| All other expenses | $3,249 |
| Total functional expenses | $492,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $291,798 |
| Savings and temporary cash investments | $203,080 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,729,004 |
| Investments—other securities | $667,911 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,891,793 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,891,793 |
| 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 | $3,891,793 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hampton Roads Educational Telecommunications Association Inc Norfolk, VA | $32,040,229 | $13,882,168 |
Nashville Public Television Inc Nashville, TN | $12,793,637 | $7,603,671 |
National Educational Telecommunications Association Columbia, SC | $2,539,671 | $5,143,684 |
The Source For Learning Inc Reston, VA | $77,116,189 | $9,603,490 |
Johnsonville Tva Employees Credit U Camden, TN | $144,344,492 | $5,400,399 |
Blue Ridge Public Television Roanoke, VA | $5,643,633 | $3,346,283 |
East Tennessee Public Communications Corporation Knoxville, TN | $6,653,863 | $3,794,703 |
World Christian Broadcasting Corporation Franklin, TN | $9,955,319 | $2,836,248 |
Greater Chattanooga Public Television Corporation Chattanooga, TN | $5,254,275 | $2,478,366 |
Upper Cumberland Broadcast Council Cookeville, TN | $3,187,769 | $2,605,281 |
Fairfax Cable Access Corporation Fairfax, VA | $11,958,722 | $2,504,506 |
West Tennessee Public Tv Council Inc Martin, TN | $2,874,603 | $1,933,599 |