Ohio Cable Telecommunications Association
- Assets
- $453.9k
- Revenue
- $605.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 03/1975
- Data as of
- 12/2022
- EIN
- 23-7255930
Organization Overview
Ohio Cable Telecommunications Association is located in Columbus, OH. The organization was established in 1975. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Cable Telecommunications Association 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 12/2022, Ohio Cable Telecommunications Association generated $605.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $679.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT THE CABLE TELECOMMUNICATIONS INDUSTRY ON ISSUES OF IMPORTANCE & FOSTER A POSITIVE IMAGE OF THE CABLE INDUSTRY IN OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MANAGES AND INFLUENCES STATE LEGISLATIVE AND REGULATORY ISSUES RELATING TO THE TELECOMMUNICATIONS INDUSTRY BY MONITORING, ANALYZING AND IMPLEMENTING STRATEGIES TO ACHIEVE OBJECTIVES. SUPPORTS FEDERAL LEGISLATIVE AND REGULATORY OBJECTIVES IN COOPERATION WITH NCTA- THE INTERNET AND TELEVISION ASSOCIATION.
CREATES AND MAINTAINS PERTINENT AND USEFUL INFORMATION ABOUT OHIO'S TELECOMMUNICATIONS INDUSTRY. THE ORGANIZATION REPRESENTS THE INDUSTRY IN MATTERS INVOLVING THE MEDIA AND SEEKS OPPORTUNITIES FOR POSITIVE MEDIA COVERAGE FOR THE INDUSTRY. IN 2022, THE ORGANIZATION HAD 12 CABLE SYSTEM MEMBERS AND 24 ASSOCIATE MEMBERS. THE ASSOCIATION REGULARLY PUBLISHED QUARTERLY NEWSLETTERS, MONTHLY UPDATES, AND WEEKLY BROADCAST EMAILS TO ITS MEMBERS.
MAINTAINS AN EFFECTIVE PAC FUND FOR LOCAL AND STATEWIDE CANDIDATES AND DEVELOPS A STATE KEY CONTACT PROGRAM TO FOSTER RELATIONSHIPS BETWEEN CABLE TELECOMMUNICATIONS PERSONNEL AND STATE OFFICIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Thomas President | OfficerTrustee | 2 | $0 |
Jim D'innocenzo Secretary | OfficerTrustee | 1 | $0 |
Mathew Beredo Bd. Of Directors | Trustee | 1 | $0 |
Kelly Rehm Vice President | OfficerTrustee | 1 | $0 |
Kevin Flanigan Bd. Of Directors | Trustee | 1 | $0 |
Rick Micek Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Impact Consulting Llc Professional Fees | 12/30/22 | $267,000 |
Byers Minton & Associates Professional Fees | 12/30/22 | $108,000 |
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 | $601,095 |
| Investment income | $358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,600 |
| Net Gain/Loss on Asset Sales | $88 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $605,141 |
| 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. | $267,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,883 |
| Fees for services: Accounting | $6,068 |
| Fees for services: Lobbying | $188,004 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,621 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,147 |
| Travel | $8,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $89 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,748 |
| Insurance | $2,522 |
| All other expenses | $214 |
| Total functional expenses | $678,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,352 |
| Savings and temporary cash investments | $192,434 |
| 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 | $1,050 |
| Net Land, buildings, and equipment | $10,101 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $453,937 |
| Accounts payable and accrued expenses | $6,027 |
| 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 | $6,027 |
| Net assets without donor restrictions | $447,910 |
| 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 | $453,937 |