Texas Cable Association Inc
- Assets
- $4.7m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Austin, TX
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 74-2225109
Organization Overview
Texas Cable Association Inc is located in Austin, TX. The organization was established in 1982. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Texas Cable Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Cable Association 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, Texas Cable Association Inc generated $2.6m 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 $2.4m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TRADE ASSOCIATION FOR CABLE VIDEO, INTERNET AND TELEPHONE SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGISLATIVE AND REGULATORY ACTIVITIES ON BEHALF OF MEMBERS, INCLUDING COORDINATION OF LOBBY EFFORTS, PUBLIC RELATIONS AND MEDIA (TV ADS, OP-ENDS, PRESS RELEASES), AND LEGAL ACTION AS NECESSARY.
MEMBER COMMUNICATION AND OTHER SERVICES INCLUDING ADVICE ON REGULATIONS, MANAGEMENT, EMPLOYEE RELATIONS, ACCOUNTING, MARKETING, AND TECHNICAL/ENGINEERING MATTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walt Baum President | Officer | 40 | $398,360 |
Velma Cruz Vice President | Officer | 40 | $214,098 |
Ryan Weiseman Legislative Director | 40 | $132,081 | |
Melinda Little Chairman (20-21) | OfficerTrustee | 1 | $0 |
Kelly Mitchell Secretary (01/21) | OfficerTrustee | 1 | $0 |
Thomas Baker Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Enoch Kerver Pllc Legal Services | 12/30/17 | $107,548 |
The Graydon Group Llc Lobbying Expenses | 12/30/17 | $123,505 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,182,083 |
| Investment income | $142,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $255,932 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,581,048 |
| 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. | $711,439 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $196,353 |
| Pension plan accruals and contributions | $28,159 |
| Other employee benefits | $22,683 |
| Payroll taxes | $41,876 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $145,717 |
| Fees for services: Accounting | $38,780 |
| Fees for services: Lobbying | $453,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,392 |
| Fees for services: Other | $173,571 |
| Advertising and promotion | $1,926 |
| Office expenses | $22,028 |
| Information technology | $12,796 |
| Royalties | $0 |
| Occupancy | $279,271 |
| Travel | $26,889 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $103,217 |
| Conferences, conventions, and meetings | $52,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,001 |
| Insurance | $8,475 |
| All other expenses | $0 |
| Total functional expenses | $2,397,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,963 |
| Savings and temporary cash investments | $483,462 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $180,199 |
| 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 | $40,471 |
| Net Land, buildings, and equipment | $52,123 |
| Investments—publicly traded securities | $3,952,897 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,227 |
| Total assets | $4,738,342 |
| Accounts payable and accrued expenses | $169,642 |
| 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 | $169,642 |
| Net assets without donor restrictions | $4,568,700 |
| 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 | $4,738,342 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cornerstone Credit Union League Plano, TX | $25,425,785 | $7,406,645 |
Arkansas Rural Water Association Lonoke, AR | $5,765,424 | $2,994,869 |
Texas Cable Association Inc Austin, TX | $4,738,342 | $2,581,048 |
New Mexico Rural Electrification Cooperative Association Inc Santa Fe, NM | $642,696 | $1,814,637 |
Arkansas Bankers Association Little Rock, AR | $5,135,172 | $1,546,175 |
Southern Financial Exchange New Orleans, LA | $2,453,548 | $1,354,861 |
Utility Supply Management Alliance Inc Argyle, TX | $406,100 | $671,174 |
American Water Works Association Austin, TX | $1,711,439 | $1,118,501 |
Energy Telecommunication And Electrical Association Irving, TX | $54,011 | $505,914 |
Global Syngas Technologies Council Sugarland, TX | $409,474 | $410,746 |
National Guard Association Of Arkansas Inc North Little Rock, AR | $242,730 | $329,646 |
National Guard Association Of Texas Austin, TX | $1,887,588 | $394,518 |