Rhode Island Broadcasters Association is located in Providence, RI. Rhode Island Broadcasters 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, Rhode Island Broadcasters Association generated $200.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $209.5k during the year ending 12/2022. While expenses have increased by 1.0% 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 PROVIDE SERVICES TO MEMBERS AND TO PROVIDE NON-COMMERCIAL SUSTAINING ANNOUNCEMENTS TO RHODE ISLAND AND SOUTHEASTERN MASSACHUSETTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDED EMERGENCY MANAGEMENT BROADCASTING VIA THROUGH A CANCELLATION SYSTEM PORTAL, FREE OF CHARGE FOR SCHOOLS, ORGANIZATIONS, RELIGIOUS SERVICES AND NON-PROFITS. (NON-COMMERCIAL SUSTAINING ANNOUNCEMENTS, (NCSA) CAMPAIGNS WERE MADE POSSIBLE TO STATE AGENCIES AND NON- PROFITS TO EDUCATE OUR COMMUNITIES ON HEALTH AND SAFETY ISSUES. OTHER BENEFITS PROVIDED SEMINARS, INTERNSHIP RECRUITMENT AND EDUCATION RELATING TO CURRENT BROADCASTING ISSUES. A COMMITMENT TO CONTINUING EDUCATION AND SUPPORT TO JOURNALISM IN THE AREA OF BROADCAST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patrick Wholey Director | Trustee | 1 | $0 |
David Piccerelli Director | Trustee | 1 | $0 |
Rhonda Lapham Chairman | OfficerTrustee | 1 | $0 |
Victor Vetters Director | Trustee | 1 | $0 |
Holly Paras Vice Chairman | OfficerTrustee | 1 | $0 |
Tom Wall Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,450 |
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 | $3,450 |
Total Program Service Revenue | $196,636 |
Investment income | $404 |
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 | $200,490 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $10,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $108,414 |
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 | $775 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,890 |
Advertising and promotion | $0 |
Office expenses | $1,261 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $44 |
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 | $182 |
Insurance | $1,396 |
All other expenses | $12,575 |
Total functional expenses | $209,485 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $134,861 |
Savings and temporary cash investments | $78,157 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $64,200 |
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 | $0 |
Net Land, buildings, and equipment | $181 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $277,399 |
Accounts payable and accrued expenses | $1,381 |
Grants payable | $0 |
Deferred revenue | $68,750 |
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 | $70,131 |
Net assets without donor restrictions | $207,268 |
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 | $277,399 |