Texas Cable Association Inc
- Assets
- $4.4m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 4
- Location
- Austin, TX
- Founding
- 05/1982
- Data as of
- 12/2023
- 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 12/2023, Texas Cable Association Inc employed 4 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 12/2023, Texas Cable Association Inc generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. 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
2023
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-EDS, 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 | $407,814 |
Meredyth Fowler Vice Preside | Officer | 40 | $207,164 |
Ryan Weiseman Legislative | 40 | $138,768 | |
Todd Baxter Chairman (01 | OfficerTrustee | 1 | $0 |
Jim Campbell Chairman (07 | OfficerTrustee | 1 | $0 |
Matthew Demuro Vice Chr (01 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Graydon Group Llc Lobbying Expenses | 12/30/17 | $123,505 |
Enoch Kerver Pllc Legal Services | 12/30/17 | $107,548 |
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 | $2,078,585 |
| Investment income | $133,017 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,926 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,209,676 |
| 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. | $751,119 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $198,532 |
| Pension plan accruals and contributions | $29,017 |
| Other employee benefits | $27,027 |
| Payroll taxes | $44,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $283,748 |
| Fees for services: Accounting | $64,375 |
| Fees for services: Lobbying | $522,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,217 |
| Fees for services: Other | $330,982 |
| Advertising and promotion | $0 |
| Office expenses | $36,387 |
| Information technology | $9,850 |
| Royalties | $0 |
| Occupancy | $285,209 |
| Travel | $50,482 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $93,489 |
| Conferences, conventions, and meetings | $82,323 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,051 |
| Insurance | $11,884 |
| All other expenses | $0 |
| Total functional expenses | $2,915,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,568 |
| Savings and temporary cash investments | $183,310 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,231 |
| 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 | $43,926 |
| Net Land, buildings, and equipment | $28,632 |
| Investments—publicly traded securities | $2,865,943 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,019,801 |
| Total assets | $4,362,411 |
| Accounts payable and accrued expenses | $152,683 |
| Grants payable | $0 |
| Deferred revenue | $4,578 |
| 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 | $1,057,369 |
| Total liabilities | $1,214,630 |
| Net assets without donor restrictions | $3,147,780 |
| 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 | $4,362,410 |