Christian Television Corporation Inc
- Assets
- $87.1m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 55
- Location
- Clearwater, FL
- Founding
- 04/1979
- Data as of
- 12/2021
- EIN
- 59-1739036
Organization Overview
Christian Television Corporation Inc, operating under the name Ch 22, is located in Clearwater, FL. The organization was established in 1979. According to its NTEE Classification (X82) the organization is classified as: Religious Television, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Ch 22 employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ch 22 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 12/2021, Ch 22 generated $9.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN EDUCATIONAL AND EVANGELISTIC BROADCASTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVICE TO THE PUBLIC BY PRODUCING AND BROADCASTING PROGRAMMING TO TEACH AND ENCOURAGE CHRISTIAN LIVING.
ASSISTANCE TO THE LESS FORTUNATE.
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 |
|---|---|---|---|
Neville Chankersingh CFO | Officer | 25 | $84,011 |
Yolanda Morris President | OfficerTrustee | 10 | $0 |
Robert Dandrea Jr Secretary | OfficerTrustee | 10 | $0 |
Wayne Wetzel Vice President | OfficerTrustee | 0.01 | $0 |
Phil Driscoll Director | Trustee | 0.01 | $0 |
Jimmy Smith Treasurer | 0.01 | $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 | $887,995 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $887,995 |
| Total Program Service Revenue | $8,528,828 |
| Investment income | $61,596 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $289,372 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,767,791 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $89,725 |
| 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 | $2,000,716 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $236,187 |
| Payroll taxes | $137,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,797 |
| Fees for services: Accounting | $69,218 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,529 |
| Advertising and promotion | $0 |
| Office expenses | $114,287 |
| Information technology | $104,629 |
| Royalties | $0 |
| Occupancy | $122,634 |
| Travel | $37,435 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,040 |
| Interest | $10,940 |
| Payments to affiliates | $29,776 |
| Depreciation, depletion, and amortization | $409,551 |
| Insurance | $84,487 |
| All other expenses | $88,249 |
| Total functional expenses | $4,117,603 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $589,132 |
| Savings and temporary cash investments | $11,997,165 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,772,389 |
| 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 | $42,422 |
| Net Land, buildings, and equipment | $2,205,681 |
| Investments—publicly traded securities | $361,036 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $16,300 |
| Other assets | $70,098,480 |
| Total assets | $87,082,605 |
| Accounts payable and accrued expenses | $210,055 |
| Grants payable | $0 |
| Deferred revenue | $300,419 |
| 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 | $1,344,416 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,854,890 |
| Net assets without donor restrictions | $85,227,715 |
| 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 | $87,082,605 |
Grants Awarded
Over the last fiscal year, Christian Television Corporation Inc has awarded $26,239 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LIGHT HOUSE MINISTRIES PURPOSE: GENERAL OPERATIONS | $15,000 |
LESLIE HALE MINISTRIES PURPOSE: SCHOOL FEES, SUPPLIE | $11,239 |
Endowment Analysis
| Beg. Balance | $262,041 |
| Earnings | $262 |
| Other Expense | $262 |
| Ending Balance | $262,041 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Angel Christian Television Tr Inc Orlando, FL | $3,624,253 | $7,248,841 |
Associated Christian Television System Inc Altamonte Springs, FL | $62,471,774 | $6,819,943 |
Christian Television Corporation Inc Clearwater, FL | $87,082,605 | $9,767,791 |
Macon Urban Ministries Inc Macon, GA | $2,354,932 | $1,144,176 |
Christian Televison Of Palm Beach County Inc Clearwater, FL | $3,290,781 | $609,818 |
Christian Television Network Inc Clearwater, FL | $3,820,920 | $489,594 |
Rocky Mountain Christian Television Network Inc Clearwater, FL | $8,234,752 | $681,479 |
Christian Television Network Inc Clearwater, FL | $2,728,733 | $166,976 |
Christian Television Corporation Of Pensacola-Mobile Inc Clearwater, FL | $2,243,911 | $516,220 |
Christian Television Network Inc Clearwater, FL | $1,674,498 | $984,767 |
Volunteer Christian Television Inc Clearwater, FL | $3,933,392 | $536,578 |
Christian Television Of New Orleans Inc Clearwater, FL | $3,596,939 | $764,342 |