Montague Community Cable Inc is located in Turners Falls, MA. The organization was established in 1990. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montague Community Cable 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 12/2021, Montague Community Cable Inc generated $133.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $141.7k during the year ending 12/2021. While expenses have increased by 5.3% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OPERATE LOCAL COMMUNITY ACCESS CABLE TELEVISION STATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Veronica Phaneuf Treasurer | 4 | $0 | |
Dana Faldasz Clerk | 4 | $0 | |
Michael Langknecht President | 4 | $0 | |
Mik Muller Director | 4 | $0 | |
Ray Sebold Director | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $132,890 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $117 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $133,007 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $90,510 |
Professional fees and other payments to independent contractors | $8,632 |
Occupancy, rent, utilities, and maintenance | $30,049 |
Printing, publications, postage, and shipping | $3,037 |
Other expenses | $9,459 |
Total expenses | $141,687 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $231,729 |
Other assets | $0 |
Total assets | $336,677 |
Total liabilities | $45,335 |
Net assets or fund balances | $291,342 |
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