Form 990 for tax year 2022
Filed by ILLINOIS VALLEY PUBLIC TELECOMMUNICATIONS CORPORATION.
Totals
- Total revenue
- $4,330,064
- Total expenses
- $5,275,772
- Contributions and grants received
- $3,625,456
- Grants paid
- $0
- Program service revenue
- $536,865
- Investment income
- $63,398
- Other revenue
- $104,345
- Total assets, end of year
- $7,276,190
- Total liabilities, end of year
- $1,047,671
- Net assets or fund balances, end of year
- $6,228,519
- Program services expenses (Part IX)
- $3,250,004
- Management and general expenses
- $1,572,340
- Fundraising expenses
- $453,428
- Program service expenses (Part III)
- $3,250,004
Program services were 61.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$393,793
-
1e · Government grants (contributions)
$1,224,675
-
1f · All other contributions, gifts and grants
$2,006,988
-
1g · Noncash contributions included above
$77,234
-
2a · Program service revenue: MAGAZINE ADVERTISING
total $512,483 · related or exempt $512,483
-
2b · Program service revenue: PRODUCTION INCOME
total $24,382 · unrelated business $24,382
-
3 · Investment income
total $29,920 · excluded $29,920
-
6a · Gross rents
real property $230,274
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $230,274
-
6d · Net rental income or loss
total $230,274 · excluded $230,274
-
7a · Gross sales of assets other than inventory
securities $441,795
-
7b · Less cost or other basis and sales expenses
securities $408,317
-
7c · Gain or loss
securities $33,478
-
7d · Net gain or loss
total $33,478 · excluded $33,478
-
8a · Fundraising events: gross income
$261,128
-
8a · Fundraising events: contributions included on line 1c
$393,793
-
8b · Fundraising events: direct expenses
$392,718
-
8c · Net income from fundraising events
total -$131,590 · excluded -$131,590
-
11a · Other revenue: OTHER INCOME
total $5,661 · related or exempt $5,661
-
11e · Other revenue, total
$5,661
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $348,499 · program services $104,550 · management and general $243,949
-
7 · Other salaries and wages
total $1,379,911 · program services $932,136 · management and general $244,713 · fundraising $203,062
-
8 · Pension plan contributions
total $210,825 · program services $177,215 · management and general $18,678 · fundraising $14,932
-
10 · Payroll taxes
total $77,138 · program services $39,096 · management and general $29,642 · fundraising $8,400
-
11b · Fees: legal
total $7,731 · management and general $7,731
-
11d · Fees: lobbying
total $13,912 · management and general $13,912
-
11g · Fees: other
total $591,328 · program services $371,820 · management and general $135,481 · fundraising $84,027
-
12 · Advertising and promotion
total $87,883 · program services $6,253 · management and general $49,478 · fundraising $32,152
-
13 · Office expenses
total $84,471 · program services $63,660 · management and general $17,913 · fundraising $2,898
-
16 · Occupancy
total $290,421 · program services $174,019 · management and general $100,402 · fundraising $16,000
-
19 · Conferences, conventions and meetings
total $13,259 · program services $6,733 · management and general $4,307 · fundraising $2,219
-
20 · Interest
total $61,116 · management and general $61,116
-
22 · Depreciation, depletion and amortization
total $361,237 · program services $228,190 · management and general $88,782 · fundraising $44,265
-
24a · Other expenses: PROGRAM ACQUISITION COS
total $600,444 · program services $600,444
-
24b · Other expenses: PRINTING & PUBLICATIONS
total $335,381 · program services $261,185 · management and general $74,196
-
24c · Other expenses: NONOPERATIONAL EXPENSES
total $212,160 · management and general $212,160
-
24d · Other expenses: MAINTENANCE
total $152,827 · program services $149,335 · management and general $3,492
-
24e · All other expenses
total $447,229 · program services $135,368 · management and general $266,388 · fundraising $45,473
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $846,026 · end of year $160,093
-
3 · Pledges and grants receivable
beginning of year $174,900 · end of year $129,431
-
4 · Accounts receivable
beginning of year $68,704 · end of year $229,514
-
8 · Inventories for sale or use
beginning of year $3,564 · end of year $1,022
-
9 · Prepaid expenses and deferred charges
beginning of year $63,675 · end of year $67,231
-
10a · Land, buildings and equipment: cost or other basis
$8,885,141
-
10b · Land, buildings and equipment: accumulated depreciation
$3,861,004
-
10c · Land, buildings and equipment, net
beginning of year $5,366,345 · end of year $5,024,137
-
12 · Investments: other securities
beginning of year $1,738,524 · end of year $1,664,762
-
14 · Intangible assets
beginning of year $90,000
-
17 · Accounts payable and accrued expenses
beginning of year $116,375 · end of year $162,877
-
19 · Deferred revenue
end of year $7,402
-
23 · Secured mortgages and notes payable
beginning of year $1,137,200 · end of year $877,392
-
27 · Net assets without donor restrictions
beginning of year $7,075,663 · end of year $6,198,369
-
28 · Net assets with donor restrictions
beginning of year $22,500 · end of year $30,150
Mission and programs · 2022
Mission
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE NON-COMMERCIAL PUBLIC TELEVISION TO THE PEORIA COMMUNITY.
-
THE TAX-EXEMPT PURPOSE IS TO PROVIDE NON-COMMERCIAL PUBLIC TELEVISION TO THE COMMUNITY.
Expenses $3,250,004 · Revenue $518,144
As filed on the 2022 return.
Listed in Part VII
-
Lesley MatuszakLESLEY MATUSZAK
PRESIDENT AND CEO
- Total calculated
- $224,748
- From this org
- $215,018
- From related orgs
- $0
- Other
- $9,730
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,500
- Bonus
- $23,518
- Other
- $0
- Deferred
- $9,730
- Nontaxable benefits
- $0
- Filer's total
- $224,748
-
Andrew RandANDREW RAND
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Sid RuckriegelSID RUCKRIEGEL
VICE CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Helen BarrickHELEN BARRICK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jessica FordJESSICA FORD
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Stephen ShipleySTEPHEN SHIPLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kim ArmstrongKIM ARMSTRONG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Polly BartonPOLLY BARTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amanda CampbellAMANDA CAMPBELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Wayne CannonWAYNE CANNON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Andrew ChambersANDREW CHAMBERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alex CrowleyALEX CROWLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John DayJOHN DAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dawn DinhDAWN DINH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Monica HendricksonMONICA HENDRICKSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jerry HerbstreithJERRY HERBSTREITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen MorrisSTEPHEN MORRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sally SnyderSALLY SNYDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ashley SpainASHLEY SPAIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Linda McLaughlinLINDA MCLAUGHLIN
CFO
- Total calculated
- $112,201
- From this org
- $104,560
- From related orgs
- $0
- Other
- $7,641
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421359349303062
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.