Civic Intelligence

Pittsfield Community Cable Broadcasting Inc.

990 • Fiscal year 2018 • EIN 04-3107317

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 31, 2018

4 Federico DrivePittsfield, MA 01201

(413) 445-4234

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

36th percentile

0.04x

Higher debt load relative to revenue than 36% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

54th percentile

$72,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

65th percentile

6.1%

Faster asset growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

4.6%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,500,471

Up $86,057 (+6.1%) from 2017

Net Assets

Up

$1,468,382

Up $91,773 (+6.7%) from 2017

Liabilities

Down

$32,089

Down $5,716 (-15%) from 2017

Revenue

Up

$718,929

Up $31,783 (+4.6%) from 2017

Expenses

Down

$627,156

Down $17,185 (-2.7%) from 2017

Net Income

Up

$91,773

Up $48,968 (+114%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2012: $1,101,635Liabilities 2012: $25,210Net Assets 2012: $1,076,4252012Assets 2013: $1,034,671Liabilities 2013: $27,858Net Assets 2013: $1,006,8132013Assets 2014: $992,434Liabilities 2014: $30,222Net Assets 2014: $962,2122014Assets 2015: $1,331,154Liabilities 2015: $345,678Net Assets 2015: $985,4762015Assets 2016: $1,366,595Liabilities 2016: $237,975Net Assets 2016: $1,128,6202016Assets 2017: $1,414,414Liabilities 2017: $37,805Net Assets 2017: $1,376,6092017Assets 2018: $1,500,471Liabilities 2018: $32,089Net Assets 2018: $1,468,3822018Assets 2019: $1,595,540Liabilities 2019: $31,559Net Assets 2019: $1,563,9812019Assets 2020: $1,679,501Liabilities 2020: $130,275Net Assets 2020: $1,549,2262020Assets 2021: $1,698,482Liabilities 2021: $41,353Net Assets 2021: $1,657,1292021Assets 2022: $1,722,697Liabilities 2022: $28,525Net Assets 2022: $1,694,1722022Assets 2023: $1,790,479Liabilities 2023: $89,154Net Assets 2023: $1,701,3252023Assets 2024: $2,086,014Liabilities 2024: $409,568Net Assets 2024: $1,676,4462024Assets 2025: $2,127,645Liabilities 2025: $465,110Net Assets 2025: $1,662,5352025

Highlighted filing

2018

Assets$1,500,471
Liabilities$32,089
Net Assets$1,468,382

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2012: $660,684Expenses 2012: $705,279Net Income 2012: -$44,5952012Revenue 2013: $636,266Expenses 2013: $705,878Net Income 2013: -$69,6122013Revenue 2014: $659,125Expenses 2014: $703,726Net Income 2014: -$44,6012014Revenue 2015: $706,355Expenses 2015: $683,091Net Income 2015: $23,2642015Revenue 2016: $834,073Expenses 2016: $690,929Net Income 2016: $143,1442016Revenue 2017: $687,146Expenses 2017: $644,341Net Income 2017: $42,8052017Revenue 2018: $718,929Expenses 2018: $627,156Net Income 2018: $91,7732018Revenue 2019: $764,596Expenses 2019: $668,997Net Income 2019: $95,5992019Revenue 2020: $734,368Expenses 2020: $749,123Net Income 2020: -$14,7552020Revenue 2021: $840,378Expenses 2021: $732,475Net Income 2021: $107,9032021Revenue 2022: $782,753Expenses 2022: $745,710Net Income 2022: $37,0432022Revenue 2023: $792,260Expenses 2023: $785,107Net Income 2023: $7,1532023Revenue 2024: $759,326Expenses 2024: $784,205Net Income 2024: -$24,8792024Revenue 2025: $865,849Expenses 2025: $879,760Net Income 2025: -$13,9112025

Highlighted filing

2018

Revenue$718,929
Expenses$627,156
Net Income$91,773
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 31, 2018
Return Version
2017v2.2
Gross Receipts
$718,929
Mission and Program Overview

Mission

To provide access to the medium of television, radio, and related technologies, including training, production facilities and cablecast time, to public educational,governemntal constituencies located in and/or serving the city of pittsfield.

To provide access to the medium of television and related technologies, including training, production facilities and cablecast time, to public educational, governmental constituencies located in and/or serving the city of pittsflied.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,078,769$1,127,697▲ $48,928
Accounts Receivable$162,406$184,629▲ $22,223
Land, Buildings, and Equipment, Net$161,415$178,550▲ $17,135
Prepaid Expenses and Deferred Charges$11,824$9,595▼ $2,229
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,414,414$1,500,471▲ $86,057
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$37,805$32,089▼ $5,716
Total Liabilities$37,805$32,089▼ $5,716
Net Assets / Fund Balance
Unrestricted Net Assets$1,171,425$1,352,060▲ $180,635
Temporarily Rstr Net Assets$205,184$116,322▼ $88,862
Total Net Assets Fund Balance$1,376,609$1,468,382▲ $91,773
Total Liabilities and Net Assets / Fund Balance$1,414,414$1,500,471▲ $86,057

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$178,550$1,130,725$1,309,275
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shawn SerreExecutive DirectorFT$72,000$72,000

Board Members and Trustees

NameTitle
Peter MarchettiPresident
Donna Todd RiversVice President
Jonah SykesBoard Membefr
Bill SturgeonBoard Member
Carol Zelek-gerwitzBoard Member
Dave BubriskiBoard Member
David DiederichBoard Member
Donald RocheloBoard Member
Karen RocheBoard Member
Mayor Linda TyerBoard Member
Patrick GormalleyBoard Member
Sue DoucetteBoard Member
Jeffrey TurnerClerk
Paul DurwinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$713,094
Program Service Revenue
$2,678
Investment Income
$3,157
Other Revenue
$0
All Other Contributions
$2,838
Change in Net Assets
$91,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$718,929
Total Revenue per Audited Statements
$718,929
Total Revenue per Form 990
$718,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$399,943
Other Expenses$227,213
Total Fundraising Expense$18,333
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$182,598$52,909$9,375$244,882
Occupancy$84,140$14,703$1,526$100,369
Current Officers, Directors, Trustees, and Key Employees$14,400$54,000$3,600$72,000
Depreciation Depletion$70,729--$70,729
Other Employee Benefits$29,845$16,038$1,947$47,830
Payroll Taxes$15,505$8,331$1,011$24,847
Insurance$7,459$3,054$40$10,553
Pension Plan Contributions$6,480$3,482$422$10,384
All Other Expenses$5,216$4,186$69$9,471
Fees for Services Accounting-$6,700-$6,700
Fees for Services Legal$4,704--$4,704
Office Expenses$1,374$1,717$343$3,434
Other Expenses$3,465$2,655-$2,655
Advertising$2,365--$2,365
Fees for Services Other-$1,353-$1,353
Conferences and Meetings$355$355-$710
Total Functional Expenses$439,340$169,483$18,333$627,156

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$627,156
Total Expenses per Audited Statements$627,156
Total Expenses per Form 990$627,156
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The board will receive and approve the form 990 before it is signed and filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Signed release forms are done on an annual basis.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

BOARD REVIEW.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE ON WEBSITE.

Filing and Contact Details

Filer

Filer Name
Pittsfield Community Cable Broadcasting
EIN
04-3107317
Phone
4134454234
Address
4 FEDERICO DRIVE, PITTSFIELD, MA 01201

Signing Officer

Name
Peter Marchetti
Title
President
Signed
2018-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Marchetti
Formed
1986
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
7
Volunteers
274

Preparer

Firm
Lombardi Clairmont & Keegan CPAs
Address
35 Pearl Street, Pittsfield, MA 01201-4718
Preparer
Barry J Clairmont
Phone
4134993733
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBEFR
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IRS990/OtherExpensesGrp/Desc0Accessories and Cables
IRS990/OtherExpensesGrp/Desc1Equipment Repairs
IRS990/OtherExpensesGrp/Desc2Studio Supplies
IRS990/OtherExpensesGrp/Desc3Training
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08331
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IRS990/PayrollTaxesGrp/TotalAmt024847
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011824
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09595
IRS990/PrincipalOfficerNm0PETER MARCHETTI
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IRS990/ProgramServiceRevenueGrp/BusinessCd0512000
IRS990/ProgramServiceRevenueGrp/BusinessCd1512000
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IRS990/ProgramServiceRevenueGrp/Desc1VIDEO DUBBING
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IRS990/PYTotalRevenueAmt0687146
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IRS990/ReconcilationRevenueExpnssAmt091773
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01127697
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0713093
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0680910
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0822594
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0691262
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0644850
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02641
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02568
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02567
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02461
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013394
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02678
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03120

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.13$0.47$1.66$0.87$0.88$0.01
2024Detailed filing. Detailed filing data is available for this year.$2.09$0.41$1.68$0.76$0.78$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.79$0.09$1.70$0.79$0.79$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.72$0.03$1.69$0.78$0.75$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.70$0.04$1.66$0.84$0.73$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.68$0.13$1.55$0.73$0.75$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.60$0.03$1.56$0.76$0.67$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.50$0.03$1.47$0.72$0.63$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.41$0.04$1.38$0.69$0.64$0.04
2016Summary only. Only limited summary data is available for this year.$1.37$0.24$1.13$0.83$0.69$0.14
2015Summary only. Only limited summary data is available for this year.$1.33$0.35$0.99$0.71$0.68$0.02
2014Summary only. Only limited summary data is available for this year.$0.99$0.03$0.96$0.66$0.70$0.04
2013Summary only. Only limited summary data is available for this year.$1.03$0.03$1.01$0.64$0.71$0.07
2012Summary only. Only limited summary data is available for this year.$1.10$0.03$1.08$0.66$0.71$0.04