North Carolina Association Of Broadcasters Inc

Organization Overview

North Carolina Association Of Broadcasters Inc is located in Raleigh, NC. The organization was established in 1965. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Association Of Broadcasters 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 12/2021, North Carolina Association Of Broadcasters Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $520.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY EXEMPT PURPOSE IS TO PROMOTE CLOSER COOPERATION AND UNDERSTANDING AMONG MEMBERS; TO MAKE POSSIBLE UNIFIED EFFORT WHEN UNITY IS BENEFICIAL; TO PROTECT ITS MEMBERS IN EVERY LAWFUL AND PROPER MANNER FROM INJUSTICES AND UNJUST EXACTIONS; TO ENCOURAGE AND PROMOTE CUSTOMS AND PRACTICES WHICH WILL BE FOR THE INTERESTS OF THE PUBLIC AND THE BROADCASTING INDUSTRY; TO HELP EDUCATE THE PUBLIC AND BUSINESS GENERALLY CONCERNING THE USES AND VALUES OF BROADCASTING ADVERTISING; AND TO ACT AS A REGIONAL CONTACT WITH THE NATIONAL ASSOCIATION OF BROADCASTERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NCAB ADVOCATES ON BEHALF OF ITS MEMBERS TO ADVANCE THE INTERESTS OF THE STATE BROADCAST INDUSTRY BEFORE THE LEGISLATIVE, EXECUTIVE AND JUDICIAL BRANCHES OF GOVERNMENT. NCAB ALSO PROMOTES CLOSER COOPERATION AND UNDERSTANDING BETWEEN ITS MEMBERS FOR THE BENEFIT OF THE BROADCAST INDUSTRY. THE ASSOCIATION ALSO EDUCATES THE PUBLIC, STATE LEADERS AND OTHER BUSINESSES ABOUT THE USES AND VALUE OF BROADCASTING AND THE IMPORTANCE OF THE ROLE BROADCASTERS PLAY IN THEIR LOCAL COMMUNITIES.


NCAB PROVIDES SERVICES RELATED TO FCC (FEDERAL COMMUNICATIONS COMMISSION) COMPLIANCE DIRECTLY TO THE MEMBERSHIP WHICH INCLUDE MEMBER TRAINING WEBINARS AND THE ALTERNATIVE BROADCAST INSPECTION PROGRAM (ABIP). THE TRAINING OPPORTUNITIES INCLUDE SALES, MANAGEMENT, PROGRAMMING, AND OTHER PERTINENT TOPICS RELATING TO THE BROADCAST INDUSTRY IN ADDITION TO LEGAL & FCC COMPLIANCE. ABIP INSPECTIONS ARE COMPLETED BY AN INDEPENDENT CONTRACTOR RETAINED BY THE ASSOCIATION UPON REQUEST OF THE MEMBER STATIONS TO CERTIFY BASIC REGULATORY COMPLIANCE UNDER THE RULES AND REGULATIONS OF THE FCC. STATIONS FOUND "IN COMPLIANCE" ARE THEN GRANTED A 3 YEAR GRACE PERIOD DURING WHICH TIME STATIONS ARE EXEMPTED FROM FURTHER ROUTINE/RANDOM INSPECTIONS BY THE FCC.


NCAB HAS A NON-COMMERCIAL SUSTAINING ANNOUNCEMENT (NCSA)/PUBLIC EDUCATION PROGRAM (PEP) WHICH HELPS NON-PROFIT AND GOVERNMENT AGENCIES AIR THEIR MESSAGES EFFECTIVELY AND AFFORDABLY ON RADIO AND TELEVISION STATIONS STATEWIDE.


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Board, Officers & Key Employees

Name (title)Compensation
Cedric Thomas
Vice President Of Televisi
$0
Brian Maloney
President Elect
$0
Trip Savery
Immediate Past President
$0
Michelle Butt
President
$0
Joel Davis
Secretary/treasurer
$0
Marsha Landess
Vice President Of Radio
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Association Management Inc
Management Services
$226,600
Brooks Pierce Mclendon Humphrey And Leon
Legal Services
$158,756
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $962,000
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$962,000
Total Program Service Revenue$67,925
Investment income $37,383
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$21,411
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,049,811

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