Beverly Cable And Telecommunications Corporation
- Assets
- $1.3m
- Revenue
- $826.5k
- Investments
- $0.0
- Employees
- 22
- Location
- Beverly, MA
- Founding
- 11/2002
- Data as of
- 12/2023
- EIN
- 04-3584792
Organization Overview
Beverly Cable And Telecommunications Corporation is located in Beverly, MA. The organization was established in 2002. 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 12/2023, Beverly Cable And Telecommunications Corporation employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beverly Cable And Telecommunications Corporation 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, Beverly Cable And Telecommunications Corporation generated $826.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $642.3k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PUBLIC CABLE ACCESS AND RELATED TECHNOLOGY TO THE RESIDENTS, SCHOOLS, BUSINESSES, AND OTHER INSTITUTIONS OF BEVERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED NON-COMMERCIAL PUBLIC AND EDUCATIONAL CABLE ACCESS AND RELATED TECHNOLOGY SERVICES TO THE RESIDENTS, SCHOOLS, BUSINESS AND OTHER INSTITUTIONS OF BEVERLY, MA
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 |
|---|---|---|---|
Paul Earl President | OfficerTrustee | 1 | $0 |
Judy Miller Clerk | OfficerTrustee | 0.5 | $0 |
Luc Van Anderlecht Director | Trustee | 0.2 | $0 |
Antoinette Musante Treasurer | OfficerTrustee | 0.5 | $0 |
Keith Sonia Director | Trustee | 0.5 | $0 |
John Tamilio Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $720 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $826,456 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $827,176 |
| Total Program Service Revenue | $500 |
| Investment income | $798 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,663 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $826,450 |
| 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. | $97,780 |
| Compensation of current officers, directors, key employees. | $78,224 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $277,313 |
| Pension plan accruals and contributions | $4,309 |
| Other employee benefits | $43,443 |
| Payroll taxes | $29,481 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,188 |
| Fees for services: Accounting | $11,849 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,518 |
| Advertising and promotion | $22,142 |
| Office expenses | $14,036 |
| Information technology | $9,981 |
| Royalties | $0 |
| Occupancy | $8,422 |
| Travel | $9,341 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,885 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,207 |
| Insurance | $12,624 |
| All other expenses | $0 |
| Total functional expenses | $642,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,811 |
| Savings and temporary cash investments | $545,061 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $365,391 |
| 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 | $7,907 |
| Net Land, buildings, and equipment | $137,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $247,393 |
| Total assets | $1,316,702 |
| Accounts payable and accrued expenses | $23,757 |
| 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 | $245,485 |
| Total liabilities | $269,242 |
| Net assets without donor restrictions | $1,047,460 |
| 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 | $1,316,702 |