Queens Public Communications Corporation
- Assets
- $19.7m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 43
- Location
- Flushing, NY
- Founding
- 11/1983
- Data as of
- 06/2023
- EIN
- 11-2657545
Organization Overview
Queens Public Communications Corporation is located in Flushing, NY. The organization was established in 1983. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Queens Public Communications Corporation employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queens Public Communications 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 06/2023, Queens Public Communications Corporation generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $5.2m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RESOURCES FOR QUEENS RESIDENTS TO USE PUBLIC ACCESS TV TO EXERCISE 1ST AMEND. RIGHTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O.
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 |
|---|---|---|---|
Patrick J Dimotta Chairman | OfficerTrustee | 3 | $0 |
Joan Serrano-Laufer Vice-Chair | OfficerTrustee | 3 | $0 |
Henry Kee Treasurer | OfficerTrustee | 3 | $0 |
Alfred Harris Secretary | OfficerTrustee | 3 | $0 |
John B Haney Director | Trustee | 3 | $0 |
Nayibe N Berger Director | Trustee | 3 | $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 | $4,669,580 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,669,580 |
| Total Program Service Revenue | $0 |
| Investment income | $479,086 |
| 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 | $5,148,666 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| 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. | $334,697 |
| Compensation of current officers, directors, key employees. | $73,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,065,672 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $577,779 |
| Payroll taxes | $185,049 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,676 |
| Fees for services: Accounting | $22,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,946 |
| Advertising and promotion | $71,262 |
| Office expenses | $283,749 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,131 |
| Travel | $42,977 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,686 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $920,749 |
| Insurance | $147,637 |
| All other expenses | $1,697 |
| Total functional expenses | $5,224,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $197,617 |
| Savings and temporary cash investments | $14,131,858 |
| 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 | $76,644 |
| Net Land, buildings, and equipment | $2,519,151 |
| Investments—publicly traded securities | $2,751,278 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,676,548 |
| Accounts payable and accrued expenses | $51,594 |
| 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 | $529,022 |
| Total liabilities | $580,616 |
| Net assets without donor restrictions | $19,095,932 |
| 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 | $19,676,548 |