Form 990 for tax year 2022
Filed by COLORADO BROADCASTERS ASSOCIATION.
Totals
- Total revenue
- $848,371
- Total expenses
- $703,900
- Contributions and grants received
- $89,325
- Grants paid
- $14,927
- Program service revenue
- $655,885
- Investment income
- $98,871
- Other revenue
- $4,290
- Total assets, end of year
- $2,667,310
- Total liabilities, end of year
- $31,392
- Net assets or fund balances, end of year
- $2,635,918
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
1b · Membership dues
$89,325
-
2a · Program service revenue: NONCOMMERCIAL SUPPORTING ANNO
total $509,502 · related or exempt $509,502
-
2b · Program service revenue: ANNUAL AWARDS BANQUET & SPONS
total $87,538 · related or exempt $87,538
-
2c · Program service revenue: ABIP & OTHER PROGRAM SERVICE
total $58,845 · related or exempt $58,845
-
3 · Investment income
total $67,443 · excluded $67,443
-
7a · Gross sales of assets other than inventory
securities $525,184 · other assets $18,409
-
7b · Less cost or other basis and sales expenses
securities $512,165
-
7c · Gain or loss
securities $13,019 · other assets $18,409
-
7d · Net gain or loss
total $31,428 · excluded $31,428
-
11a · Other revenue: CBA DIRECTORY
total $2,804 · unrelated business $2,804
-
11b · Other revenue: COLORADO ADVERTISING GUIDE
total $750 · unrelated business $750
-
11c · Other revenue: OTHER
total $736 · related or exempt $736
-
11e · Other revenue, total
$4,290
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $14,927
-
5 · Compensation of officers, directors and key employees
total $175,848
-
8 · Pension plan contributions
total $7,399
-
10 · Payroll taxes
total $14,415
-
11b · Fees: legal
total $5,598
-
11c · Fees: accounting
total $11,863
-
11f · Fees: investment management
total $17,148
-
11g · Fees: other
total $256,339
-
12 · Advertising and promotion
total $5,787
-
13 · Office expenses
total $7,784
-
14 · Information technology
total $1,020
-
16 · Occupancy
total $17,054
-
17 · Travel
total $6,239
-
19 · Conferences, conventions and meetings
total $121,847
-
22 · Depreciation, depletion and amortization
total $1,344
-
23 · Insurance
total $4,357
-
24a · Other expenses: LOCALBROADCASTSALES.COM
total $7,500
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $6,610
-
24c · Other expenses: SEMINARS/WEBINARS
total $5,854
-
24d · Other expenses: P1 TRAINING
total $5,250
-
24e · All other expenses
total $9,717
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $403,110 · end of year $409,892
-
2 · Savings and temporary cash investments
beginning of year $299,143 · end of year $354,131
-
4 · Accounts receivable
beginning of year $50,826 · end of year $17,169
-
9 · Prepaid expenses and deferred charges
beginning of year $1,025 · end of year $1,840
-
10a · Land, buildings and equipment: cost or other basis
$14,158
-
10b · Land, buildings and equipment: accumulated depreciation
$9,222
-
10c · Land, buildings and equipment, net
beginning of year $1,949 · end of year $4,936
-
11 · Investments: publicly traded securities
beginning of year $1,846,679 · end of year $1,879,342
-
17 · Accounts payable and accrued expenses
beginning of year $38,608 · end of year $30,736
-
19 · Deferred revenue
beginning of year $34,220
-
25 · Other liabilities
beginning of year $6,464 · end of year $656
-
27 · Net assets without donor restrictions
beginning of year $2,523,440 · end of year $2,635,918
Mission and programs · 2022
Mission
TO PROMOTE AND DEVELOP THE ART OF RADIO AND TV BROADCASTING
-
FORMED IN 1949 AS A NON-PROFIT TRADE ORGANIZATION, THE COLORADO BROADCASTERS ASSOCIATION (CBA) HAS A LONG HISTORY OF SERVICE TO BROADCASTERS AND CITIZENS OF THE STATE. OVER THE YEARS THE CBA HAS PROVIDED THOUSANDS OF DOLLARS FOR COLLEGE SCHOLARSHIPS, WORKED TO PROVIDE PUBLIC MEDIA ACCESS TO THE COURTS AND FOUGHT TO OPEN PUBLIC RECORDS. AMONG ITS MANY ACTIVITIES, THE CBA IS PROBABLY BEST KNOWN FOR ITS ANNUAL AWARDS OF EXCELLENCE, WHICH HONOR BROADCASTERS SERVICE TO THEIR COMMUNITIES. REPRESENTING BROADCASTERS, BOTH PUBLIC AND PRIVATE, THE ASSOCIATION INTERACTS WITH STATE AND NATIONAL OFFICIALS AND TRADE GROUPS TO FURTHER THE BUSINESS OF BROADCASTING.
As filed on the 2022 return.
Listed in Part VII
-
Justin SassoJUSTIN SASSO
PRESIDENT AN
- Total calculated
- $236,648
- From this org
- $229,249
- From related orgs
- $0
- Other
- $7,399
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,216
- Bonus
- $30,000
- Other
- $55,033
- Deferred
- $7,399
- Nontaxable benefits
- not reported
- Filer's total
- $236,648
-
Sandra ZoldowskiSANDRA ZOLDOWSKI
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0.35
-
Brenda EggerBRENDA EGGER
BOARD VICE-C
- Total calculated
- $0
- Hours/week
- 0.35
-
Dean LittletonDEAN LITTLETON
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 0.35
-
Tatiana ArguelloTATIANA ARGUELLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Pete BenedettiPETE BENEDETTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Gary BuchananGARY BUCHANAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Ross WhiteROSS WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Jessica FariasJESSICA FARIAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Tony GarciaTONY GARCIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Wayne JohnsonWAYNE JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Nick MatesiNICK MATESI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Lindsay SalazarLINDSAY SALAZAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
-
Stewart VanderwiltSTEWART VANDERWILT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.35
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 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
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
- 30 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421219349302812
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