Caritas Tele Communications
- Assets
- $10.2m
- Revenue
- $1.3m
- Investments
- $9.3m
- Employees
- 0
- Location
- San Bernardino, CA
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 33-0440691
Organization Overview
Caritas Tele Communications is located in San Bernardino, CA. The organization was established in 1946. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Caritas Tele Communications 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 06/2022, Caritas Tele Communications generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Caritas Tele Communications has awarded 14 individual grants totaling $2,200,035. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CARITAS TELECOMMUNICATIONS, INC. PROVIDES EDUCATIONAL PROGRAMMING AND SERVICES TO CATHOLIC CHURCHES AND SCHOOLS IN SAN BERNARDINO AND RIVERSIDE COUNTIES UTILIZING FEDERALLY LICENSED EDUCATIONAL BROADBAND SPECTRUM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATIONAL PROGRAMMING AND SERVICES TO THE CATHOLIC CHURCHES AND SCHOOLS IN SAN BERNARDINO AND RIVERSIDE COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Most Rev Alberto Rojas President | OfficerTrustee | 1 | $0 |
Jim Pulver Chairman | OfficerTrustee | 1 | $0 |
Maureen Kennedy Secretary | OfficerTrustee | 1 | $0 |
Jorge Montenegro Treasurer | Officer | 1 | $0 |
Bruce Satzger Director | Trustee | 1 | $0 |
Deacon Octavio Echeverria Director | Trustee | 1 | $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 | $952,143 |
| Noncash contributions included in lines 1a–1f | $932,519 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $952,143 |
| Total Program Service Revenue | $105,621 |
| Investment income | $72,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $161,130 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,292,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $167,009 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,665 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,400 |
| Fees for services: Other | $500 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $57,440 |
| Royalties | $0 |
| Occupancy | $10,389 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,277,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $384,333 |
| 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 | $34,647 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,308,170 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500,246 |
| Total assets | $10,227,396 |
| Accounts payable and accrued expenses | $3,778 |
| 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 | $3,778 |
| Net assets without donor restrictions | $10,223,618 |
| 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 | $10,227,396 |
Grants Awarded
Over the last fiscal year, Caritas Tele Communications has awarded $491,200 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Sn Bernrdno, CA PURPOSE: SCHOOL TECHNOLOGY GRANTS | $123,362 |
Sn Bernrdno, CA PURPOSE: SCHOOL TECHNOLOGY GRANTS | $123,362 |
San Bernardino, CA PURPOSE: COMMUNICATIONS DEPARTMENT SUPPORT VIDEO CONFERENCING, MEDIA CENTER | $122,238 |
San Bernardino, CA PURPOSE: COMMUNICATIONS DEPARTMENT SUPPORT VIDEO CONFERENCING, MEDIA CENTER | $122,238 |
Endowment Analysis
| Beg. Balance | $953,735 |
| Other Expense | $35,365 |
| Ending Balance | $918,370 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kvie Inc Sacramento, CA | $26,593,294 | $15,075,890 |
Hawaii Public Television Foundation Honolulu, HI | $47,313,263 | $9,289,551 |
Olelo Community Television Honolulu, HI | $14,902,025 | $7,001,608 |
Minority Television Project Inc San Mateo, CA | $59,498,767 | $69,287,301 |
Channel 5 Public Broadcasting Inc Reno, NV | $10,387,926 | $6,071,979 |
Valley Public Television Inc Fresno, CA | $3,745,681 | $4,651,437 |
Southern Oregon Public Television Inc Medford, OR | $2,762,585 | $2,831,337 |
Portland Community Media Portland, OR | $5,021,187 | $2,944,932 |
Redwood Empire Public Television Eureka, CA | $1,954,628 | $1,985,052 |
Metroeast Community Media Gresham, OR | $4,391,659 | $1,811,160 |
Community Media Access Collaborative Fresno, CA | $3,942,335 | $2,106,693 |
Roads Of Success Duarte, CA | $80,526 | $1,952,485 |