Civic Intelligence

Twin Cities Regional Cable Channel

EIN 41-1574883 • 501(c)3 • Minneapolis, MN

Profile

The metro cable network distributes to cable television households throughout the seven-county metro area noncommercial programming that reflects the interests and concerns of the diverse communities that make up that region. The channel strives to present a weekly schedule that offers a broad spectrum of content and viewpoints and provides a distinctive service that is not duplicative of the programming on other cable channels.

1229 2nd St NEMinneapolis, MN 55413

www.mcn6.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.75x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

3.87x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

80th percentile

28%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

42nd percentile

0.2%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

17%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$993,324

Up $2,344 (+0.2%) from 2023

Liabilities

Down

$745,110

Down $51,636 (-6.5%) from 2023

Net Assets

Up

$248,214

Up $53,980 (+28%) from 2023

Revenue

Up

$192,337

Up $27,690 (+17%) from 2023

Expenses

Down

$138,357

Down $13,812 (-9.1%) from 2023

Net Income

Up

$53,980

Up $41,502 (+333%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,539,488Liabilities 2011: $1,134,458Net Assets 2011: $405,0302011Assets 2012: $1,496,321Liabilities 2012: $1,114,102Net Assets 2012: $382,2192012Assets 2013: $1,460,946Liabilities 2013: $1,131,293Net Assets 2013: $329,6532013Assets 2014: $1,353,848Liabilities 2014: $1,099,581Net Assets 2014: $254,2672014Assets 2015: $1,341,296Liabilities 2015: $920,767Net Assets 2015: $420,5292015Assets 2016: $1,448,838Liabilities 2016: $1,025,791Net Assets 2016: $423,0472016Assets 2017: $1,199,480Liabilities 2017: $865,057Net Assets 2017: $334,4232017Assets 2018: $1,134,435Liabilities 2018: $858,188Net Assets 2018: $276,2472018Assets 2019: $1,097,026Liabilities 2019: $867,937Net Assets 2019: $229,0892019Assets 2020: $1,073,788Liabilities 2020: $883,939Net Assets 2020: $189,8492020Assets 2021: $1,040,894Liabilities 2021: $865,934Net Assets 2021: $174,9602021Assets 2022: $1,013,758Liabilities 2022: $832,002Net Assets 2022: $181,7562022Assets 2023: $990,980Liabilities 2023: $796,746Net Assets 2023: $194,2342023Assets 2024: $993,324Liabilities 2024: $745,110Net Assets 2024: $248,2142024

Highlighted filing

2024

Assets$993,324
Liabilities$745,110
Net Assets$248,214

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $482,717Expenses 2011: $568,252Net Income 2011: -$85,5352011Expenses 2012: $594,4402012Revenue 2013: $480,922Expenses 2013: $533,488Net Income 2013: -$52,5662013Revenue 2014: $419,989Expenses 2014: $495,375Net Income 2014: -$75,3862014Revenue 2015: $534,522Expenses 2015: $368,260Net Income 2015: $166,2622015Revenue 2016: $335,255Expenses 2016: $332,737Net Income 2016: $2,5182016Revenue 2017: $323,216Expenses 2017: $411,840Net Income 2017: -$88,6242017Revenue 2018: $223,280Expenses 2018: $281,456Net Income 2018: -$58,1762018Revenue 2019: $316,822Expenses 2019: $363,980Net Income 2019: -$47,1582019Revenue 2020: $211,078Expenses 2020: $250,318Net Income 2020: -$39,2402020Revenue 2021: $176,081Expenses 2021: $190,970Net Income 2021: -$14,8892021Revenue 2022: $162,436Expenses 2022: $155,638Net Income 2022: $6,7982022Revenue 2023: $164,647Expenses 2023: $152,169Net Income 2023: $12,4782023Revenue 2024: $192,337Expenses 2024: $138,357Net Income 2024: $53,9802024

Highlighted filing

2024

Revenue$192,337
Expenses$138,357
Net Income$53,980

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.75$0.25$0.19$0.14$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.80$0.19$0.16$0.15$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.83$0.18$0.16$0.16$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.87$0.17$0.18$0.19$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.88$0.19$0.21$0.25$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.87$0.23$0.32$0.36$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.86$0.28$0.22$0.28$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.87$0.33$0.32$0.41$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$1.03$0.42$0.34$0.33$0.00
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.34$0.92$0.42$0.53$0.37$0.17
2014Detailed filing. Detailed filing data is available for this year.$1.35$1.10$0.25$0.42$0.50$0.08
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.46$1.13$0.33$0.48$0.53$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$1.11$0.38$0.59
2011Summary only. Only limited summary data is available for this year.$1.54$1.13$0.41$0.48$0.57$0.09
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$162,436
Mission and Program Overview

Mission

The metro cable network distributes to cable television households throughout the seven-county metro area noncommercial programming that reflects the interests and concerns of the diverse communities that make up that region. The channel strives to present a weekly schedule that offers a broad spectrum of content and viewpoints and provides a distinctive service that is not duplicative of the programming on other cable channels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,020,661$991,180▼ $29,481
Cash and Non-Interest-Bearing Accounts$321$12,840▲ $12,519
Accounts Receivable$16,200$6,029▼ $10,171
Prepaid Expenses and Deferred Charges$3,712$3,709▼ $3
Total Assets$1,040,894$1,013,758▼ $27,136
Liabilities
Mortgage Notes Payable Secured by Investment Property$811,182$777,825▼ $33,357
Accounts Payable and Accrued Expenses$30,259$39,877▲ $9,618
Deferred Revenue$15,500$10,500▼ $5,000
Unsecured Notes Loans Payable$8,993$3,800▼ $5,193
Total Liabilities$865,934$832,002▼ $33,932
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$174,960$181,756▲ $6,796
Total Net Assets Fund Balance$174,960$181,756▲ $6,796
Total Liabilities and Net Assets / Fund Balance$1,040,894$1,013,758▼ $27,136

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$732,229$345,423$1,077,652
Equipment$8,951$631,942$640,893
Land$250,000-$250,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pete RhodesChairman
Mike MartinVice Chair
Anthony JohnsonBoard Member
Norbert KreuzerBoard Member
Stuart DevaanGeneral Mana
Revenue and Support

Revenue Composition

Contributions and Grants
$5,193
Program Service Revenue
$155,523
Investment Income
$0
Other Revenue
$1,720
Change in Net Assets
$6,798

Audited Revenue Reconciliation

Revenue per Audited Statements
$162,436
Total Revenue per Audited Statements
$162,436
Total Revenue per Form 990
$162,436
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,635
Salaries, Compensation, and Employee Benefits$2,003
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$29,079$5,132-$34,211
Depreciation Depletion$25,058$4,422-$29,480
Occupancy$16,773$5,591-$22,364
Insurance$10,321$3,440-$13,761
Fees for Services Other$10,270$1,141-$11,411
Fees for Services Accounting$7,248--$7,248
Other Expenses$2,979$331-$3,310
Advertising$2,619--$2,619
Other Salaries and Wages$1,245$415-$1,660
Office Expenses$1,033$115-$1,148
Payroll Taxes$257$86-$343
Total Functional Expenses$133,919$21,719$0$155,638

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$155,638
Total Expenses per Audited Statements$155,638
Total Expenses per Form 990$155,638
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
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, Page 6, Part VI, Line 2

Michael rainville john derus chair treasurer cousins

Form 990, Page 6, Part VI, Line 11B

The 990 will be reviewed by the governing board prior to filing.

Form 990, Page 6, Part VI, Line 12C

A related party questionaire is sent to all trustee, director, officer, key employees (tdoke's) for completion annually. The board reviews for any potential conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The executive director's performance is evaluated by the board of directors and compensation is approved based upon comparable compensation data gathering from guidestar.

Form 990, Page 6, Part VI, Line 15B

No other officers are compensated. Key employees' compensation is also reviewed by the board and approved based upon comparable compensation data.

Form 990, Page 6, Part VI, Line 19

Governing documents, including bylaws and articles, are available from the mn secretary of state. Annual audited financial statements are available upon request. Currently, conflict of interest policy is not available to the public.

Filing and Contact Details

Filer

Filer Name
Twin Cities Regional Cable Channel
EIN
41-1574883
Phone
6123393221
Address
1229 2ND ST NE, MINNEAPOLIS, MN 55413
Doing Business As
Metro Cable Network Inc

Signing Officer

Name
Stuart Devaan
Title
General Manager
Phone
6123393221
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pete Rhodes
Formed
1987
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
5

Preparer

Firm
Harrington Langer & Associates
Address
563 PHALEN BLVD, SAINT PAUL, MN 55130
Preparer
Greg Emmerich
Phone
6514811128
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The metro cable network distributes to cable television households throughout the seven-county metro area noncommercial programming that reflects the interests and concerns of the diverse communities that make up that region. The channel strives to present a weekly schedule that offers a broad spectrum of content and viewpoints and provides a distinctive service that is not duplicative of the programming on other cable channels.

Form 990, Page 2, Part III, Line 4A

Metro cable network's goal is to transmit live or taped programming in areas of government, culture, education and public affairs of interest to persons in the seven county metro area of minneapolis and st paul metro. Cable network improved the look of the channel with the interstitials that include public service announcements, member promos and schedules of each programming day. It animated the channel 6 logo that is showcased in between all programs to brand the channel's identity. The look changes with the seasons and on a regular basis. The interstitials showcase the organization's 25th year celebration. The studio's production area has been upgraded with new curtains and a green screen. (see schedule o for additional information) a sample of the productions in the studio include america salutes - for hennepin county veterans affairs a public health journal (collaboration for state of minnesota and hennepin county)active aging (exercise program with and for seniors)heaven (what you need to know to get there) live to tape before a 50 member studio audience. My pillow - talk show with host l hill the mike lindell show - the organization increased our social media web presence which includes mobile,facebook, youtube and twitter. Everyone can now view channel 6 productions on youtube and on our website.

Raw XML AppendixShowing 400 of 424 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0METRO CABLE NETWORK'S GOAL IS TO TRANSMIT LIVE OR TAPED PROGRAMMING IN AREAS OF GOVERNMENT, CULTURE, EDUCATION AND PUBLIC AFFAIRS OF INTEREST TO PERSONS IN THE SEVEN COUNTY METRO AREA OF MINNEAPOLIS AND ST PAUL METRO. CABLE NETWORK IMPROVED THE LOOK OF THE CHANNEL WITH THE INTERSTITIALS THAT INCLUDE PUBLIC SERVICE ANNOUNCEMENTS, MEMBER PROMOS AND SCHEDULES OF EACH PROGRAMMING DAY. IT ANIMATED THE CHANNEL 6 LOGO THAT IS SHOWCASED IN BETWEEN ALL PROGRAMS TO BRAND THE CHANNEL'S IDENTITY. THE LOOK CHANGES WITH THE SEASONS AND ON A REGULAR BASIS. THE INTERSTITIALS SHOWCASE THE ORGANIZATION'S 25TH YEAR CELEBRATION. THE STUDIO'S PRODUCTION AREA HAS BEEN UPGRADED WITH NEW CURTAINS AND A GREEN SCREEN. (SEE SCHEDULE O FOR ADDITIONAL INFORMATION) A SAMPLE OF THE PRODUCTIONS IN THE STUDIO INCLUDE AMERICA SALUTES - FOR HENNEPIN COUNTY VETERANS AFFAIRS A PUBLIC HEALTH JOURNAL (COLLABORATION FOR STATE OF MINNESOTA AND HENNEPIN COUNTY)ACTIVE AGING (EXERCISE PROGRAM WITH AND FOR SENIORS)HEAVEN (WHAT YOU NEED TO KNOW TO GET THERE) LIVE TO TAPE BEFORE A 50 MEMBER STUDIO AUDIENCE. MY PILLOW - TALK SHOW WITH HOST L HILL THE MIKE LINDELL SHOW - THE ORGANIZATION INCREASED OUR SOCIAL MEDIA WEB PRESENCE WHICH INCLUDES MOBILE,FACEBOOK, YOUTUBE AND TWITTER. EVERYONE CAN NOW VIEW CHANNEL 6 PRODUCTIONS ON YOUTUBE AND ON OUR WEBSITE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE METRO CABLE NETWORK DISTRIBUTES TO CABLE TELEVISION HOUSEHOLDS THROUGHOUT THE SEVEN-COUNTY METRO AREA NONCOMMERCIAL PROGRAMMING THAT REFLECTS THE INTERESTS AND CONCERNS OF THE DIVERSE COMMUNITIES THAT MAKE UP THAT REGION. THE CHANNEL STRIVES TO PRESENT A WEEKLY SCHEDULE THAT OFFERS A BROAD SPECTRUM OF CONTENT AND VIEWPOINTS AND PROVIDES A DISTINCTIVE SERVICE THAT IS NOT DUPLICATIVE OF THE PROGRAMMING ON OTHER CABLE CHANNELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1METRO CABLE NETWORK'S GOAL IS TO TRANSMIT LIVE OR TAPED PROGRAMMING IN AREAS OF GOVERNMENT, CULTURE, EDUCATION AND PUBLIC AFFAIRS OF INTEREST TO PERSONS IN THE SEVEN COUNTY METRO AREA OF MINNEAPOLIS AND ST PAUL METRO. CABLE NETWORK IMPROVED THE LOOK OF THE CHANNEL WITH THE INTERSTITIALS THAT INCLUDE PUBLIC SERVICE ANNOUNCEMENTS, MEMBER PROMOS AND SCHEDULES OF EACH PROGRAMMING DAY. IT ANIMATED THE CHANNEL 6 LOGO THAT IS SHOWCASED IN BETWEEN ALL PROGRAMS TO BRAND THE CHANNEL'S IDENTITY. THE LOOK CHANGES WITH THE SEASONS AND ON A REGULAR BASIS. THE INTERSTITIALS SHOWCASE THE ORGANIZATION'S 25TH YEAR CELEBRATION. THE STUDIO'S PRODUCTION AREA HAS BEEN UPGRADED WITH NEW CURTAINS AND A GREEN SCREEN. (SEE SCHEDULE O FOR ADDITIONAL INFORMATION) A SAMPLE OF THE PRODUCTIONS IN THE STUDIO INCLUDE AMERICA SALUTES - FOR HENNEPIN COUNTY VETERANS AFFAIRS A PUBLIC HEALTH JOURNAL (COLLABORATION FOR STATE OF MINNESOTA AND HENNEPIN COUNTY)ACTIVE AGING (EXERCISE PROGRAM WITH AND FOR SENIORS)HEAVEN (WHAT YOU NEED TO KNOW TO GET THERE) LIVE TO TAPE BEFORE A 50 MEMBER STUDIO AUDIENCE. MY PILLOW - TALK SHOW WITH HOST L HILL THE MIKE LINDELL SHOW - THE ORGANIZATION INCREASED OUR SOCIAL MEDIA WEB PRESENCE WHICH INCLUDES MOBILE,FACEBOOK, YOUTUBE AND TWITTER. EVERYONE CAN NOW VIEW CHANNEL 6 PRODUCTIONS ON YOUTUBE AND ON OUR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MICHAEL RAINVILLE JOHN DERUS CHAIR TREASURER COUSINS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 WILL BE REVIEWED BY THE GOVERNING BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A RELATED PARTY QUESTIONAIRE IS SENT TO ALL TRUSTEE, DIRECTOR, OFFICER, KEY EMPLOYEES (TDOKE'S) FOR COMPLETION ANNUALLY. THE BOARD REVIEWS FOR ANY POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE EXECUTIVE DIRECTOR'S PERFORMANCE IS EVALUATED BY THE BOARD OF DIRECTORS AND COMPENSATION IS APPROVED BASED UPON COMPARABLE COMPENSATION DATA GATHERING FROM GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO OTHER OFFICERS ARE COMPENSATED. KEY EMPLOYEES' COMPENSATION IS ALSO REVIEWED BY THE BOARD AND APPROVED BASED UPON COMPARABLE COMPENSATION DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, INCLUDING BYLAWS AND ARTICLES, ARE AVAILABLE FROM THE MN SECRETARY OF STATE. ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CURRENTLY, CONFLICT OF INTEREST POLICY IS NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0TCREGIONAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine2Txt0CABLE REAL ESTATE HOLDINGS LIMITED
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0TWIN CITIES REGIONAL CABLE CHANNEL
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine2Txt0REAL ESTATE HOLDINGS LIMITED LLC
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STUART DEVAAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0GENERAL MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum06123393221
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWIN CITIES REGIONAL CABLE CHANNEL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA METRO CABLE NETWORK INC

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