Texas Cable Association INC

Not tax-deductible

Austin, TX501(c)(6)EIN 74-2225109

Trade association for cable video, internet and telephone services

Run by 23 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $136K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$541K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$945K
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
-12% vs prior year
Spent
$2.0M
To programs
0%
Net assets
$3.1M
By yearFY2020–FY2024
Revenue
$1.9M
FY2024▼ -12%
Revenue by fiscal year
FY2020$2.3M
FY2021$2.6M
FY2022$2.2M
FY2023$2.2M
FY2024$1.9M
Expenses
$2.0M
FY2024▼ -31%
Expenses by fiscal year
FY2020$2.2M
FY2021$2.4M
FY2022$2.5M
FY2023$2.9M
FY2024$2.0M
Net assets
$3.1M
FY2024▼ -2%
Net assets by fiscal year
FY2020$4.4M
FY2021$4.6M
FY2022$3.8M
FY2023$3.1M
FY2024$3.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1982.

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

Who runs it and what they're paid

23 people listed on the 990; $541K paid to officers and key staff.

Part VII, Section A · reportable compensation
President (0
$150,245Pt VII · Sec A
President (1
$139,527Pt VII · Sec A
President (0
$125,419Pt VII · Sec A
President (0
$104,701Pt VII · Sec A
President (1
$20,769Pt VII · Sec A
Secretary (0
$0Pt VII · Sec A
Secretary (0
$0Pt VII · Sec A
Treasurer (0
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Walt Baum$150,245$407,814$389,311$398,360$395,756
Velma Cruz——$133,253$214,098$195,525
Meredyth Fowler$104,701$207,164$45,450——
Ryan Weiseman$139,527$138,768$128,876$132,081$121,754
Manuel Munoz$125,419————
Ashley Avera$20,769————

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

Advocates for companies providing cable video, internet, and telephone services.

Provided by the organization

This section is blank until Texas Cable Association INC claims this page.

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2 program services, described in the organization's own filed words · FY2024.
01

Legislative and regulatory activities on behalf of members, including coordination of lobby efforts, public relations and media (TV ads, op-eds, press releases), and legal action as necessary.

Pt IX · col B
02

Member communication and other services including advice on regulations, management, employee relations, accounting, marketing, and TECHNICAL/ENGINEERING matters.

Pt IX · col B

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$171K
Money outPt IX
$2.0M
Ln 25
Owns and owesPt X
$3.1M
net assets · Ln 32
Cash and savingsLn 1–2$208K
Total assetsLn 16$4.0M
LiabilitiesLn 26$945K
PeoplePt VI, VII
23
listed · VII A
PaidVII A5
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.8M
Investment incomeLn 3$171K
Gains on assetsLn 7$15K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$156K
SavingsLn 2$51K
Cash and savings togetherLn 1–2$208K
InvestmentsLn 11–13$2.9M
Land, buildings, equipmentLn 10c$11K
Other assetsLn 15$856K
Total assetsLn 16$4.0M
LiabilitiesLn 26$945K
Net assetsLn 32$3.1M
OperationsPt I, VI
EmployeesI 55
VolunteersI 623
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$383K$208K
InvestmentsLn 11–13$2.9M$2.9M
Land, buildings, equipmentLn 10c$29K$11K
Total assetsLn 16$4.4M$4.0M
LiabilitiesLn 26$1.2M$945K
Net assetsLn 32$3.1M$3.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$601K
Other salaries and wagesLn 7$52K
Pension plan contributionsLn 8$8K
Other employee benefitsLn 9$13K
Payroll taxesLn 10$43K
Legal feesLn 11b$23K
Accounting feesLn 11c$61K
Lobbying feesLn 11d$496K
Investment management feesLn 11f$18K
Other fees for servicesLn 11g$173K
Office expensesLn 13$29K
Information technologyLn 14$11K
OccupancyLn 16$273K
TravelLn 17$15K
Travel and entertainment for public officialsLn 18$34K
Conferences, conventions and meetingsLn 19$40K
Depreciation, depletion and amortizationLn 22$17K
InsuranceLn 23$12K
Other expenses (24a–d)Ln 24$81K
Total functional expensesLn 25$2.0M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.9M$2.0M−$62K$3.1M 990 PDF
FY2023 $2.2M$2.9M−$706K$3.1M 990 PDF
FY2022 $2.2M$2.5M−$260K$3.8M 990 PDF
FY2021 $2.6M$2.4M$184K$4.6M 990 PDF
FY2020 $2.3M$2.2M$163K$4.4M 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,938,179 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,766,684$1,766,684
VIII-3 Investment incomeExcluded from tax $156,035$156,035
VIII-7 Net gain or loss on sales of assetsExcluded from tax $15,460$15,460
VIII-12 Total revenueRelated to mission $1,766,684 · Excluded from tax $171,495$1,938,179
Part IX · Statement of functional expenses $2,000,598 across 19 lines filed
IX-5 Pay of current officers, directors and key staff$601,168
IX-7 Other salaries and wages$51,959
IX-8 Pension plan contributions$8,127
IX-9 Other employee benefits$12,879
IX-10 Payroll taxes$43,082
IX-11b Legal fees$23,093
IX-11c Accounting fees$60,670
IX-11d Lobbying fees$495,500
IX-11f Investment management fees$18,249
IX-11g Other fees for services$172,569
IX-13 Office expenses$28,726
IX-14 Information technology$11,179
IX-16 Occupancy$272,935
IX-17 Travel$15,495
IX-18 Travel and entertainment for public officials$33,942
IX-19 Conferences, conventions and meetings$39,645
IX-22 Depreciation, depletion and amortization$17,491
IX-23 Insurance$12,450
IX-24 Other expenses (24a–d)$81,439
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$2,000,598
Part X · Balance sheet $4,036,802 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $199,568$156,298
X-2 Savings and temporary cash investmentsStart of year $183,310$51,345
X-4 Accounts receivableStart of year $21,231$5,396
X-9 Prepaid expenses and deferred chargesStart of year $43,926$49,100
X-10c Land, buildings and equipment, netStart of year $28,632$11,141
X-11 Publicly traded securitiesStart of year $2,865,943$2,907,568
X-15 Other assetsStart of year $1,019,801$855,954
X-16 Total assetsStart of year $4,362,411$4,036,802
X-17 Accounts payable and accrued expensesStart of year $152,683$47,585
X-25 Other liabilitiesStart of year $1,057,369$897,057
X-26 Total liabilitiesStart of year $1,214,630$944,642
X-27 Net assets without donor restrictionsStart of year $3,147,781$3,092,160
X-32 Total net assets or fund balancesStart of year $3,147,781$3,092,160
X-33 Total liabilities and net assetsStart of year $4,362,411$4,036,802
Part XI · Reconciliation of net assets $3,092,160 net assets at year end
XI-1 Total revenue$1,938,179
XI-2 Total expenses$2,000,598
XI-3 Revenue less expenses−$62,419
XI-4 Net assets at start of year$3,147,781
XI-5 Net unrealized gains (losses) on investments$6,798
XI-10 Net assets at end of year$3,092,160

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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