Minnesota Cable Communication Assn Inc
- Assets
- $499.4k
- Revenue
- $721.0k
- Investments
- $0.0
- Employees
- 2
- Location
- St Paul, MN
- Founding
- 04/1974
- Data as of
- 12/2022
- EIN
- 41-1226836
Organization Overview
Minnesota Cable Communication Assn Inc is located in St Paul, MN. The organization was established in 1974. 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 12/2022, Minnesota Cable Communication Assn Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Cable Communication Assn Inc 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, Minnesota Cable Communication Assn Inc generated $721.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $812.9k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FURTHER THE OPERATION AND DEVELOPMENT OF THE CABLE COMMUNICATIONS INDUSTRY WITHIN THE STATE OF MINNESOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS CHARGED WITH REPRESENTING THE CABLE INDUSTRY IN LEGISLATIVE ACTIVITIES, HEARINGS AND PROCEEDINGS BEFORE STATE AND LOCAL GOVERNMENTAL BODIES, PUBLIC POLICY FORUMS AND INFORMATION PROCEEDINGS SUCH AS THE MINNESOTA GOVERNOR'S TASK FORCE ON BORDER TO BORDER BROADBAND, THE OFFICE OF BROADBAND DEVELOPMENT, AND THE MINNESOTA PUBLIC UTILITIES COMMISSION.
MINNESOTA ANNUAL MEETING THE ORGANIZATION SPONSORED AN ANNUAL MEETING AND PRESENTED A NUMBER OF SPEAKERS AND DISCUSSION ON VARIOUS INDUSTRY CONCERNS, HELD THE ANNUAL ELECTION OF BOARD MEMBERS AND OFFICERS AND PROVIDED FINANCIAL AND POLICY UPDATES. THIS EVENT WAS HELD IN-PERSON AGAIN AT MADDEN'S IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Jensen President | OfficerTrustee | 4 | $500 |
Ron Orlando Vice President | OfficerTrustee | 4 | $0 |
Patrick Haggerty Secretary | OfficerTrustee | 4 | $0 |
David Arvig Director | Trustee | 2 | $500 |
Amanda Duerr Part Year Director | Trustee | 2 | $0 |
Justin Forde Director | Trustee | 2 | $750 |
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 | $1,638 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,638 |
| Total Program Service Revenue | $719,374 |
| Investment income | $0 |
| 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 | $721,012 |
| 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. | $206,673 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,430 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $468 |
| Payroll taxes | $13,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $833 |
| Fees for services: Accounting | $18,857 |
| Fees for services: Lobbying | $353,789 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,444 |
| Advertising and promotion | $13,913 |
| Office expenses | $15,943 |
| Information technology | $855 |
| Royalties | $0 |
| Occupancy | $51,048 |
| Travel | $8,184 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,525 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,223 |
| Insurance | $2,491 |
| All other expenses | $174 |
| Total functional expenses | $812,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,374 |
| Savings and temporary cash investments | $15,840 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $118,371 |
| 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 | $4,215 |
| Net Land, buildings, and equipment | $25,842 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $89,729 |
| Total assets | $499,371 |
| Accounts payable and accrued expenses | $29,097 |
| 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 | $90,097 |
| Total liabilities | $119,194 |
| Net assets without donor restrictions | $380,177 |
| 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 | $499,371 |