Civic Intelligence

Salt Pond Community Broadcasting Company

990 • Fiscal year 2023 • EIN 22-2513428

Jan 01, 2023 to Dec 31, 2023 • Filed on May 07, 2024

PO Box 170East Orland, ME 04431

(207) 469-6600

Siviq Scores

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

Liabilities / Assets

78th percentile

0.25x

Higher debt load relative to assets than 78% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

0.23x

Higher debt load relative to revenue than 78% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

31st percentile

-4.9%

Higher net margin than 31% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$60,704

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

19th percentile

-8.8%

Faster asset growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

51st percentile

8.8%

Faster revenue growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$599,223

Flat from 2023

Net Assets

Flat

$448,868

Flat from 2023

Liabilities

Flat

$150,355

Flat from 2023

Revenue

Flat

$666,503

Flat from 2023

Expenses

Flat

$699,280

Flat from 2023

Net Income

Flat

-$32,777

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $475,821Liabilities 2010: $107,920Net Assets 2010: $367,9012010Assets 2011: $535,766Liabilities 2011: $112,755Net Assets 2011: $423,0112011Assets 2012: $560,683Liabilities 2012: $102,387Net Assets 2012: $458,2962012Assets 2013: $541,451Liabilities 2013: $96,206Net Assets 2013: $445,2452013Assets 2014: $511,735Liabilities 2014: $88,202Net Assets 2014: $423,5332014Assets 2015: $496,865Liabilities 2015: $80,775Net Assets 2015: $416,0902015Assets 2016: $438,027Liabilities 2016: $83,553Net Assets 2016: $354,4742016Assets 2017: $425,883Liabilities 2017: $92,215Net Assets 2017: $333,6682017Assets 2018: $371,278Liabilities 2018: $67,061Net Assets 2018: $304,2172018Assets 2019: $330,170Liabilities 2019: $55,575Net Assets 2019: $274,5952019Assets 2020: $476,685Liabilities 2020: $116,491Net Assets 2020: $360,1942020Assets 2021: $732,028Liabilities 2021: $227,778Net Assets 2021: $504,2502021Assets 2022: $657,309Liabilities 2022: $185,226Net Assets 2022: $472,0832022Assets 2023: $599,223Liabilities 2023: $150,355Net Assets 2023: $448,8682023Assets 2023: $599,223Liabilities 2023: $150,355Net Assets 2023: $448,8682023

Highlighted filing

2023

Assets$599,223
Liabilities$150,355
Net Assets$448,868

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $605,9522010Expenses 2011: $615,7182011Expenses 2012: $609,9882012Revenue 2013: $598,833Expenses 2013: $617,766Net Income 2013: -$18,9332013Revenue 2014: $584,641Expenses 2014: $607,261Net Income 2014: -$22,6202014Revenue 2015: $623,075Expenses 2015: $628,578Net Income 2015: -$5,5032015Revenue 2016: $531,958Expenses 2016: $592,069Net Income 2016: -$60,1112016Revenue 2017: $523,088Expenses 2017: $551,584Net Income 2017: -$28,4962017Revenue 2018: $532,784Expenses 2018: $558,497Net Income 2018: -$25,7132018Revenue 2019: $537,378Expenses 2019: $575,278Net Income 2019: -$37,9002019Revenue 2020: $661,345Expenses 2020: $578,845Net Income 2020: $82,5002020Revenue 2021: $749,368Expenses 2021: $615,577Net Income 2021: $133,7912021Revenue 2022: $612,789Expenses 2022: $632,620Net Income 2022: -$19,8312022Revenue 2023: $666,503Expenses 2023: $699,280Net Income 2023: -$32,7772023Revenue 2023: $666,503Expenses 2023: $699,280Net Income 2023: -$32,7772023

Highlighted filing

2023

Revenue$666,503
Expenses$699,280
Net Income-$32,777
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.0
Gross Receipts
$673,909
Mission and Program Overview

Mission

WERU Community Radio is an independent, noncommercial, educational media organization. WERU engages with the local community to provide diverse music, independent news, public affairs and cultural content that connects, informs, and inspires.

WERU Community Radio is an independent, noncommercial, educational media organization. WERU engages with the local community to provide diverse music, independent news, public affairs, and cultural content that entertains, connects, informs, and inspires.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$390,961$303,478▼ $87,483
Land, Buildings, and Equipment, Net$133,309$141,975▲ $8,666
Investments in Publicly Traded Securities$75,268$84,851▲ $9,583
Pledges and Grants Receivable$34,831$46,256▲ $11,425
Prepaid Expenses and Deferred Charges$19,907$20,234▲ $327
Intangible Assets$3,033$2,429▼ $604
Total Assets$657,309$599,223▼ $58,086
Liabilities
Deferred Revenue$142,695$103,758▼ $38,937
Accounts Payable and Accrued Expenses$42,531$46,597▲ $4,066
Total Liabilities$185,226$150,355▼ $34,871
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$358,115$330,837▼ $27,278
Net Assets With Donor Restrictions$113,968$118,031▲ $4,063
Total Net Assets Fund Balance$472,083$448,868▼ $23,215
Total Liabilities and Net Assets / Fund Balance$657,309$599,223▼ $58,086

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$37,406$330,363$367,769
Buildings$54,211$184,578$238,789
Other Land Buildings$38,918$108,502$147,420
Land$11,440-$11,440

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$75,268-▲ $9,583-$84,851
2022$79,891$9,000▼ $12,443$1,180$75,268
2021$61,460$10,500▲ $10,191$2,260$79,891
2020$60,407-▲ $3,293$2,240$61,460
2019$53,673-▲ $8,954$2,220$60,407
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matt MurphyGeneral ManagerFT$60,704$60,704

Board Members and Trustees

NameTitle
Pat PughPresident
Brian Conklin-PowersVice President
Greg RosselDirector
Heather RichardDirector
Jack SullivanDirector
Katy GreenDirector
Paul AndersonDirector
Ryan SwansonDirector
Nancy MinottSecretary
Lynn SoucyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$665,733
Program Service Revenue
$0
Investment Income
$1,409
Other Revenue
$-639
All Other Contributions
$283,117
Change in Net Assets
$-32,777

Audited Revenue Reconciliation

Revenue per Audited Statements
$665,256
Revenue Not Reported on Financial Statements
$1,247
Revenue Not Reported on Form 990
$50,230
Total Revenue per Audited Statements
$715,486
Total Revenue per Form 990
$666,503
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$417,461
Other Expenses$281,819
Total Fundraising Expense$121,242
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$133,574$86,081$77,176$296,831
Current Officers, Directors, Trustees, and Key Employees$27,317$17,604$15,783$60,704
Fees for Services Other-$47,169-$47,169
Depreciation Depletion$41,486--$41,486
All Other Expenses$20,955$1,368$10,409$32,732
Payroll Taxes$14,141$9,114$8,171$31,426
Office Expenses$17,786$12,593$911$31,290
Other Employee Benefits$12,825$8,265$7,410$28,500
Occupancy$8,660$5,495-$14,155
Insurance$13,587--$13,587
Other Expenses$3,727$8,920$666$13,313
Information Technology$6,445$796$716$7,957
Fees for Service Investment Mgmnt Fees-$1,247-$1,247
Total Functional Expenses$365,237$212,801$121,242$699,280

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$738,701
Total Expenses per Form 990$699,280
Expenses per Audited Statements$698,033
Expenses Not Reported on Form 990$40,668
Expenses Not Reported on Financial Statements$1,247
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$7,406
Fundraising Gross Income$2,244
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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 35% controlled entity
No
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
Yes
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, Section B, line 11B

1. The outside auditor will prepare the 990 following the completion of the annual audit. 2. The Finance Committee will review the completed 990 and recommend it to the Board for approval (after addressing with the auditor any changes it deems necessary). 3. Board Members will have the opportunity to review the completed 990 and will approve it at its next meeting. 4. The Board President will sign the 990 and see that it is filed promptly with the IRS.

Form 990, Part VI, Section B, line 12C

Each member of the WERU Board of Directors will file a letter at the annual business meeting disclosing whether they have a conflict-of-interest and may need to recuse themselves from voting on issues relating to that conflict. All members of the WERU Board of Directors resolve that no director will participate in any discussion or vote on any matter in which she/he or a member of her/his immediate family has potential conflict-of-interest due to having material economic involvement regarding the matter being discussed. If a conflict of interest presents itself at another time during the year, the director must announce her/his potential conflict, disqualify herself/himself, and be excused from the meeting until discussion is over on the matter involved. The president of the WERU Board of Directors is expected to make inquiry if such conflict appears to exist and the board member has not made it known.

Form 990, Part VI, Section B, line 15

General Manager - The General Manager has a review/evaluation on a yearly basis by the Board of Directors via the personnel committee. The evaluation is documented and placed in the employee's file. Those individuals who provide the evaluation are independent of the General Manager and of his/her authority. Pay of the General Manager is not compared in any fashion and is based on performance and financial constraints of the station. Other Employees - Other employees are first evaluated after their first six months of service and then yearly thereafter by the General Manager. The General Manager will consult with the Personnel Committee prior to conducting employee evaluations. Regular reports concerning evaluations will be given to the Personnel Committee and copies placed in the employee's permanent file. Wages are not compared but are based on individual employee performance and any financial constraints of the station.

Form 990, Part VI, Section C, line 19

WERU's general policy of disclosing its governing documents is upon request.

Filing and Contact Details

Filer

Filer Name
Salt Pond Community Broadcasting Co
EIN
22-2513428
Phone
2074696600
Address
PO Box 170, East Orland, ME 04431

Signing Officer

Name
Pat Pugh
Title
President
Phone
2074696600
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pat Pugh
Formed
1984
Legal Domicile
Me
Voting Board Members
10
Independent Board Members
10
Employees
9
Volunteers
250

Preparer

Firm
Wipfli LLP
Address
30 Long Creek Drive, South Portland, ME 04106-2437
Preparer
Patrick Nicholas CPA
Phone
2077745701
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

In 2010, Salt Pond Community Broadcasting partnered with the Maine Community Foundation to establish an endowment to help support WERU's operating needs. The agreement calls for each Organization to contribute $25,000. Salt Pond's funding portion is treated as board designated and the Maine Community Foundation's is treated as permanently restricted. Income earned from the endowment can be used at Salt Pond's board discretion.

Part X, Line 2:

WERU is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, and is exempt from federal and state income taxes, except for taxes pertaining to unrelated business income, as applicable. No provision for income taxes is considered necessary. WERU is generally open to audit under the statute of limitations by the Internal Revenue Service and state taxing authorities for three years following the filing of the return.

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IRS990/Desc0Salt Pond Community Broadcasting operates WERU-FM Community Radio, which provides music, news and public affairs, and other cultural content. Programming ranges from diverse music (50 genres) to national headline news (5 prime time hours per week) to local public affairs programs. WERU meets a need in our region for an independent, community-based source of entertainment and information. The key to these diverse offerings is another important aspect of WERU, which is the commitment of 175 volunteers to serve as broadcasters and behind-the-scenes workers who reflect the local community. Volunteers receive free training, and no prior experience is necessary.WERU's music programming provides citizens of Maine with a wide span of opportunities to learn about diverse forms of music and culture, creating a cross pollination of listener's interests and ideas. Each week, WERU broadcasts a dizzying array of Zydeco, Gospel, Jazz, Folk, Indie Rock, Blues, and Reggae, just to name a few.WERU's highly respected local and national news and public affairs programming provides listeners with opportunities to interact through call-in programs with a wide variety of topics and people. Topics associated with economic development, education, maritime issues, Native American issues, and public health are just a few examples of the width and depth of our local public affairs.2,100 individual and household members and 400 local businesses support WERU, amounting to over 70% of annual income. WERU receives approximately 22% of its financial support from the Corporation for Public Broadcasting, having met rigorous guidelines for community involvement and local support.WERU's broadcast signal reaches a potential audience of 200,000 people in Midcoast, Downeast and Central Maine. WERU broadcasts 24 hours per day, 365 days per year, both over the airwaves and on the Internet. The radio station was founded in 1988.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt10General Manager
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IRS990/InsuranceGrp/ProgramServicesAmt013587
IRS990/InsuranceGrp/TotalAmt013587
IRS990/IntangibleAssetsGrp/BOYAmt03033
IRS990/IntangibleAssetsGrp/EOYAmt02429
IRS990/InvestmentIncomeGrp/ExclusionAmt01409
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01409
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt075268
IRS990/InvestmentsPubTradedSecGrp/EOYAmt084851
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0623443
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0133309
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0141975
IRS990/LandBldgEquipCostOrOtherBssAmt0765418
IRS990/LegalDomicileStateCd0ME
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0340151
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt04523
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt04523
IRS990/MissionDesc0WERU Community Radio is an independent, noncommercial, educational media organization. WERU engages with the local community to provide diverse music, independent news, public affairs, and cultural content that entertains, connects, informs, and inspires.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0472083
IRS990/NetAssetsOrFundBalancesEOYAmt0448868
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-5162
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-5162
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt09562
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0358115
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0330837
IRS990/NoncashContributionsAmt016830
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05495
IRS990/OccupancyGrp/ProgramServicesAmt08660
IRS990/OccupancyGrp/TotalAmt014155
IRS990/OfficeExpensesGrp/FundraisingAmt0911
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012593
IRS990/OfficeExpensesGrp/ProgramServicesAmt017786
IRS990/OfficeExpensesGrp/TotalAmt031290
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07410
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08265
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012825
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028500
IRS990/OtherExpensesGrp/Desc0Transmitter and Transla
IRS990/OtherExpensesGrp/Desc1Programming
IRS990/OtherExpensesGrp/Desc2Bank and Credit Card Fe
IRS990/OtherExpensesGrp/Desc3Supplies
IRS990/OtherExpensesGrp/FundraisingAmt0666
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014149
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18920
IRS990/OtherExpensesGrp/ProgramServicesAmt033086
IRS990/OtherExpensesGrp/ProgramServicesAmt131648
IRS990/OtherExpensesGrp/ProgramServicesAmt23727
IRS990/OtherExpensesGrp/TotalAmt033086
IRS990/OtherExpensesGrp/TotalAmt131648
IRS990/OtherExpensesGrp/TotalAmt214149
IRS990/OtherExpensesGrp/TotalAmt313313
IRS990/OtherRevenueTotalAmt04523
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt077176
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086081
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0133574
IRS990/OtherSalariesAndWagesGrp/TotalAmt0296831
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08171
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09114
IRS990/PayrollTaxesGrp/ProgramServicesAmt014141
IRS990/PayrollTaxesGrp/TotalAmt031426
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt034831
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt046256
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019907
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020234
IRS990/PrincipalOfficerNm0Pat Pugh
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0613673
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01084
IRS990/PYOtherExpensesAmt0262242
IRS990/PYOtherRevenueAmt0-1968
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-19831
IRS990/PYSalariesCompEmpBnftPaidAmt0370378
IRS990/PYTotalExpensesAmt0632620
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0612789
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-32777
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04523
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0390961
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0303478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0665733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0609410
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0739843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0655432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0522304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03192722
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01409
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0879
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0194
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0676
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04242
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt018641
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99870
IRS990ScheduleA/PublicSupportPY170Pct00.99880
IRS990ScheduleA/PublicSupportTotal170Amt03192722
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0665733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0609410
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0739843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0655432
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0522304
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03192722
IRS990ScheduleA/TotalSupportAmt03196964
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.71000
IRS990ScheduleD/BuildingsGrp/BookValueAmt054211
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0184578
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0238789
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt075268
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt084851
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt09583
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt079891
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt09000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt075268
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-12443
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt01180
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt061460
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt010500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt079891
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt010191
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt02260
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt060407
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt061460
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03293
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02240
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt053673
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt060407
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08954
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt02220
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt040668
IRS990ScheduleD/DonatedServicesUseFcltsAmt040668
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt037406
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0330363
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0367769
IRS990ScheduleD/ExpensesNotReportedAmt040668
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01247
IRS990ScheduleD/ExpensesSubtotalAmt0698033
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt01247
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01247
IRS990ScheduleD/LandGrp/BookValueAmt011440
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011440
IRS990ScheduleD/NetUnrealizedGainsInvstAmt09562
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038918
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0108502
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0147420
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.29000
IRS990ScheduleD/RevenueNotReportedAmt050230
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01247
IRS990ScheduleD/RevenueSubtotalAmt0665256
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In 2010, Salt Pond Community Broadcasting partnered with the Maine Community Foundation to establish an endowment to help support WERU's operating needs. The agreement calls for each Organization to contribute $25,000. Salt Pond's funding portion is treated as board designated and the Maine Community Foundation's is treated as permanently restricted. Income earned from the endowment can be used at Salt Pond's board discretion.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1WERU is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code, and is exempt from federal and state income taxes, except for taxes pertaining to unrelated business income, as applicable. No provision for income taxes is considered necessary. WERU is generally open to audit under the statute of limitations by the Internal Revenue Service and state taxing authorities for three years following the filing of the return.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0141975
IRS990ScheduleD/TotalExpensesPerForm990Amt0699280
IRS990ScheduleD/TotalRevenuePerForm990Amt0666503
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0715486
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0738701

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.99$1.50$4.49$6.67$6.99$0.33
2023Summary only. Only limited summary data is available for this year.$5.99$1.50$4.49$6.67$6.99$0.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.57$1.85$4.72$6.13$6.33$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.32$2.28$5.04$7.49$6.16$1.34
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$1.16$3.60$6.61$5.79$0.83
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.56$2.75$5.37$5.75$0.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.71$0.67$3.04$5.33$5.58$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$0.92$3.34$5.23$5.52$0.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.38$0.84$3.54$5.32$5.92$0.60
2015Detailed filing. Detailed filing data is available for this year.$4.97$0.81$4.16$6.23$6.29$0.06
2014Detailed filing. Detailed filing data is available for this year.$5.12$0.88$4.24$5.85$6.07$0.23
2013Detailed filing. Detailed filing data is available for this year.$5.41$0.96$4.45$5.99$6.18$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$1.02$4.58$6.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.36$1.13$4.23$6.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$1.08$3.68$6.06