Regional Educational Television Network Inc
- Assets
- $0.0
- Revenue
- $151.8k
- Investments
- $0.0
- Employees
- 16
- Location
- Burlington, VT
- Founding
- 04/1995
- Data as of
- 03/2021
- EIN
- 03-0343285
Organization Overview
Regional Educational Television Network Inc is located in Burlington, VT. The organization was established in 1995. 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 12/2020, Regional Educational Television Network Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional Educational Television Network Inc 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 03/2021, Regional Educational Television Network Inc generated $151.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.2%) each year. All expenses for the organization totaled $187.1k during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 6 years. 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
REGIONAL EDUCATIONAL TECHNOLOGY NETWORK - RETN - MAKES MEDIA AND TECHNOLOGY ACCESSIBLE TO ADVANCE EDUCATION AND CIVIC ENGAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCTION AND COLLABORATION SEE SCHEDULE O
PRODUCTION AND COLLABORATION - RETN CABLECASTS CHANNEL 1094 ON CABLE SYSTEMS THAT INCLUDES COMCAST IN WILLISTON, COMCAST IN SHELBURNE. ON THE BURLINGTON TELECOM SYSTEM, RETN CABLECASTS IN STANDARD DEFINITION ON CHANNEL 16 AND IN HIGH DEFINITION ON CHANNEL 216.
COMMUNITY EDUCATION SEE SCHEDULE O
COMMUNITY EDUCATION - RETN BROADCASTS EDUCATIONAL PROGRAMS PROVIDING STUDENTS, TEACHERS AND OTHER COMMUNITY MEMBERS TRAINING IN THE SKILLS OF VIDEO PRODUCTION, STORYTELLING, AUDIO PRODUCTION AND DISTRIBUTION OF CONTEN
EDUCATIONAL ACCESS PROGRAMMING SEE SCHEDULE O
EDUCATIONAL ACCESS PROGRAMMING - RETN IS A COMMUNITY MEDIA ORGANIZATION OPERATING THE EDUCATIONAL ACCESS AND ARTS CHANNELS ON FOUR CABLE TELEVISION SYSTEMS IN NORTHWESTERN VERMONT. RETN PROVIDES THE OPPORTUNITY FOR SCHOOLS, OTHER EDUCATION ORGANIZATIONS AND COMMUNITY SCHOLARS TO ACQUIRE, PRODUCE AND CABLECAST EDUCATIONAL PROGRAMS, ARTS AND CULTURAL EVENTS, LEARNING EVENTS AND EDUCATIONAL POLICY COVERAGE FOR THE PUBLIC VIA THE CABLE SYSTEMS ON CHANNELS 16, 216 AND 1094. RETN OPERATES AND MAINTAINS VIDEO PRODUCTION, POST-PRODUCTION, CABLECAST, AND WEB-BASED FACILITIES DESIGNATED FOR USE BY COMMUNITY PRODUCERS REPRESENTING THE SCHOOLS AND THE BROADER EDUCATIONAL COMMUNITY. RETN ALSO PROVIDES TEACHER, STUDENT AND COMMUNITY TRAINING AND PRESENTATIONS PERTAINING TO THE EDUCATIONAL USE OF TELECOMMUNICATIONS, VIDEO AND OTHER TECHNOLOGIES. WITH PARTNER VCAM, RETN ALSO LENDS EQUIPMENT TO THE PUBLIC FOR THE PRODUCTION OF TV CONTENT
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jess Wilson Executive Director | Officer | 40 | $73,740 |
Gary Lambert President | OfficerTrustee | 1.5 | $0 |
Shelagh Shapiro Vice President | OfficerTrustee | 0.5 | $0 |
Chris Dissinger Treasurer | OfficerTrustee | 2.5 | $0 |
Keith Oppenheim Secretary | OfficerTrustee | 0.5 | $0 |
Jessica Wilson Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,660 |
| All other contributions, gifts, grants, and similar amounts not included above | $120 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $120 |
| Total Program Service Revenue | $151,348 |
| Investment income | $304 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $151,772 |
| 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. | $20,180 |
| Compensation of current officers, directors, key employees. | $18,162 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,955 |
| Pension plan accruals and contributions | $2,362 |
| Other employee benefits | $29,750 |
| Payroll taxes | $9,671 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $100 |
| Fees for services: Accounting | $9,769 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,051 |
| Advertising and promotion | $2,035 |
| Office expenses | $2,000 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,940 |
| Travel | $0 |
| 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 | $16,176 |
| Insurance | $2,914 |
| All other expenses | $0 |
| Total functional expenses | $187,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,824 |
| Savings and temporary cash investments | $505,827 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $199,680 |
| 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 | $6,238 |
| Net Land, buildings, and equipment | $420,314 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,829 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $14,247 |
| Grants payable | $0 |
| Deferred revenue | $105,968 |
| 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 | $56,400 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $977,097 |
| 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 | $0 |