Skye Cable Xiiiinc FY2021 filing

Waterbury, CTUnknown exempt organizationEIN 06-1512303Revenue $492K in FY2021

On file with the IRS117 Sharon Road · Waterbury, CT

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Cable television community access provider

92¢ of each $1 spent went to programs.
$89K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $6K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$89K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$16K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$492K
Spent
$353K
To programs
92%
Net assets
$167K
By yearFY2021–FY2025
Revenue
$492K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$492K
FY2022$298K
FY2023$360K
FY2024$267K
FY2025$120K
Expenses
$353K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$353K
FY2022$347K
FY2023$378K
FY2024$240K
FY2025$246K
Net assets
$167K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$167K
FY2022$117K
FY2023$100K
FY2024$126K
FY2025$0

From the FY2021 Form 990 (year ending March 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $326K Management & general 8% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $89K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$63,409Pt VII · Sec A
Vice President
$25,512Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Stephen W Mindera JR$47,472$61,713$62,900$62,392$63,409
Michael Mindera—$10,676$27,394$27,695$25,512
Dennis M Buckley ESQ$949————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides community access through cable television programming.

Questions for Skye Cable Xiiiinc

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Provided by the organization

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1 program · $326K · in their own filed words · FY2020
01

Cable television community access provider

$326Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$492K
Ln 12
Fees for servicesLn 2g$320K
Gifts and grantsLn 1h$116K
Other incomeLn 4–11$56K
Money outPt IX
$353K
Ln 25
Programscol B$326K
Managementcol C$27K
Owns and owesPt X
$167K
net assets · Ln 32
Cash and savingsLn 1–2$66K
Total assetsLn 16$183K
LiabilitiesLn 26$16K
PeoplePt VI, VII
7
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$116K
Fees for servicesLn 2g$320K
Other incomeLn 4–11$56K
Total revenueLn 12$492K
Assets in detailPt X, end of year
CashLn 1$66K
Cash and savings togetherLn 1–2$66K
Land, buildings, equipmentLn 10c$112K
Other assetsLn 15$3K
Total assetsLn 16$183K
LiabilitiesLn 26$16K
Net assetsLn 32$167K
OperationsPt I, VI
EmployeesI 58
VolunteersI 60
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$2K$66K
Land, buildings, equipmentLn 10c$26K$112K
Total assetsLn 16$37K$183K
LiabilitiesLn 26$8K$16K
Net assetsLn 32$28K$167K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$89K$83K$6K
Other salaries and wagesLn 7$100K$100K
Other employee benefitsLn 9$23K$22K$362
Payroll taxesLn 10$16K$16K$510
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$6K$6K$107
Advertising and promotionLn 12$107$107
Office expensesLn 13$4K$4K$416
OccupancyLn 16$37K$33K$4K
Depreciation, depletion and amortizationLn 22$30K$30K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$27K$18K$9K
All other expensesLn 24e$61$61
Total functional expensesLn 25$353K$326K$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $120K$246K−$126K$0 990 PDF
FY2024 $267K$240K$26K$126K 990 PDF
FY2023 $360K$378K−$18K$100K 990 PDF
FY2022 $298K$347K−$50K$117K 990 PDF
FY2021 Viewing $492K$353K$139K$167K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $492,094 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,100$115,974
I-9 Program service revenuePrior year $341,289$319,720
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$56,400
I-12 Total revenuePrior year $342,389$492,094
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $252,941$227,700
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $105,774$125,629
I-18 Total expensesPrior year $358,715$353,329
I-19 Revenue less expensesPrior year −$16,326$138,765
Part VI · Governance 5 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $492,094 across 5 lines filed
VIII-1f All other contributions, gifts and grants$115,974
VIII-1h Total contributions, gifts and grants$115,974
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $319,720$319,720
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $56,400$56,400
VIII-12 Total revenueRelated to mission $376,120 · Unrelated business $0 · Excluded from tax $0$492,094
Part IX · Statement of functional expenses $353,329 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $82,733 · Management $6,188$88,921
IX-7 Other salaries and wagesPrograms $99,816$99,816
IX-9 Other employee benefitsPrograms $22,310 · Management $362$22,672
IX-10 Payroll taxesPrograms $15,781 · Management $510$16,291
IX-11b Legal feesPrograms $9,500$9,500
IX-11c Accounting feesManagement $5,979$5,979
IX-11g Other fees for servicesPrograms $5,757 · Management $107$5,864
IX-12 Advertising and promotionPrograms $107$107
IX-13 Office expensesPrograms $3,691 · Management $416$4,107
IX-16 OccupancyPrograms $32,977 · Management $4,076$37,053
IX-22 Depreciation, depletion and amortizationPrograms $30,185$30,185
IX-23 InsurancePrograms $5,794$5,794
IX-24 Other expenses (24a–d)Programs $17,767 · Management $9,212$26,979
IX-24e All other expensesManagement $61$61
IX-25 Total functional expensesPrograms $326,418 · Management $26,911 · Fundraising $0$353,329
Part X · Balance sheet $183,054 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $1,922$66,192
X-9 Prepaid expenses and deferred chargesStart of year $5,747$1,956
X-10c Land, buildings and equipment, netStart of year $25,979$111,768
X-15 Other assetsStart of year $3,047$3,138
X-16 Total assetsStart of year $36,695$183,054
X-17 Accounts payable and accrued expensesStart of year $8,259$9,454
X-19 Deferred revenue$6,399
X-26 Total liabilitiesStart of year $8,259$15,853
X-27 Net assets without donor restrictionsStart of year $28,436$167,201
X-32 Total net assets or fund balancesStart of year $28,436$167,201
X-33 Total liabilities and net assetsStart of year $36,695$183,054
Part XI · Reconciliation of net assets $167,201 net assets at year end
XI-1 Total revenue$492,094
XI-2 Total expenses$353,329
XI-3 Revenue less expenses$138,765
XI-4 Net assets at start of year$28,436
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$167,201

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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