Radio Cab Credit Union is located in Portland, OR. The organization was established in 1944. According to its NTEE Classification (A34) the organization is classified as: Radio, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Radio Cab Credit Union employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Radio Cab Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.
For the year ending 12/2022, Radio Cab Credit Union generated $107.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $92.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 8 years. 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
ENABLE INDIVIDUALS TO PURCHASE & MAINTAIN THEIR BUSINESS AS RADIO CAB DRIVERS / OWNERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIVIDENDS PAID OUT TO MEMBERS
COMPENSATION FOR ONE FULL TIME EMPLOYEE & ONE BACKUP DOES NOT INCLUDE PAYROLL TAXES
PROFESSIONAL AND OUTSIDE SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Gibson Gm | Officer | 20 | $42,500 |
Zell Aldrete Board Chair Supervisory Com. & Board Mbr | Trustee | 1 | $0 |
Rob Brower Board Pres. | Trustee | 1 | $0 |
Ross Seeber Board Mbr | Trustee | 1 | $0 |
Stephen Entler Board Mbr | Trustee | 1 | $0 |
Kat Entler Board Mbr | Trustee | 1 | $0 |
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 | $0 |
Investment income | $33,858 |
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 | $107,328 |
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 | $20,410 |
Compensation of current officers, directors, key employees. | $43,325 |
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 | $4,836 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,203 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $1,300 |
Insurance | $2,600 |
All other expenses | $7,362 |
Total functional expenses | $92,336 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,285 |
Savings and temporary cash investments | $2,895,516 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $33,963 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $659,187 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $491 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,609,442 |
Accounts payable and accrued expenses | $11,704 |
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 | $11,704 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $2,735,649 |
Paid-in or capital surplus, or land, building, or equipment fund | $81,788 |
Retained earnings, endowment, accumulated income, or other funds | $780,301 |
Total liabilities and net assets/fund balances | $3,609,442 |
Organization Name | Assets | Revenue |
---|---|---|
Pacific Public Media Seattle, WA | $18,492,079 | $10,102,948 |
Sound Of Hope Radio Network Inc San Francisco, CA | $30,725,500 | $6,089,143 |
Nevada Public Radio Las Vegas, NV | $9,497,221 | $6,165,032 |
Hombre Nuevo El Monte, CA | $9,117,667 | $6,049,518 |
Classical 98 1 Seattle, WA | $7,691,634 | $5,192,189 |
Northwest Communities Education Center Granger, WA | $3,287,239 | $4,075,300 |
From The Heart Productions Inc Oxnard, CA | $1,796,568 | $3,988,646 |
American Radio Association Vacation Plan 1000 Alameda, CA | $1,147,322 | $2,928,620 |
Radio Bilingue Inc Fresno, CA | $4,987,602 | $4,162,015 |
Kalw Public Media Inc San Francisco, CA | $1,198,450 | $2,919,239 |
White Ash Broadcasting Inc Clovis, CA | $6,162,594 | $2,064,081 |
Association For Community Education Inc Camarillo, CA | $1,939,317 | $2,643,148 |