Texas Cable Association INC FY2020 filing

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Trade Association for Cable video, internet and telephone services

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
$713K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2020 · 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
Pay to officers and key staff
$713K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
8 mo
of spending, in cash
Plus $3.0M in investments, Pt X · Ln 11–13
Looks good: 7.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$153K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
Spent
$2.2M
Net assets
$4.4M
By yearFY2020–FY2024
Revenue
$2.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$2.6M
FY2022$2.2M
FY2023$2.2M
FY2024$1.9M
Expenses
$2.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$2.4M
FY2022$2.5M
FY2023$2.9M
FY2024$2.0M
Net assets
$4.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.4M
FY2021$4.6M
FY2022$3.8M
FY2023$3.1M
FY2024$3.1M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

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

21 people listed on the 990; $713K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$395,756Pt VII · Sec A
Vice President
$195,525Pt VII · Sec A
Legislative Director
$121,754Pt VII · Sec A
Mbr at Large (19-20) Dir. (20-21)
$0Pt VII · Sec A
Treasurer (19-20) Secretary (20-21)
$0Pt VII · Sec A
Secretary (19-20) Treasurer (20-21)
$0Pt VII · Sec A
Mbr at Large(19-20) Dir. (20-21)
$0Pt VII · Sec A
Director
$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.

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2 programs · in their own filed words · FY2020
01

Legislative and regulatory activities on behalf of members, including coordination of lobby efforts, public relations and media (TV ads, op-ends, 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

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$138K
Money outPt IX
$2.2M
Ln 25
Owns and owesPt X
$4.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$4.6M
LiabilitiesLn 26$153K
PeoplePt VI, VII
21
listed · VII A
PaidVII A3
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.2M
Investment incomeLn 3$138K
Gains on assetsLn 7$425
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$467K
SavingsLn 2$942K
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$3.0M
Land, buildings, equipmentLn 10c$14K
Other assetsLn 15$11K
Total assetsLn 16$4.6M
LiabilitiesLn 26$153K
Net assetsLn 32$4.4M
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 FY20End FY20
Cash and savingsLn 1–2$1.5M$1.4M
InvestmentsLn 11–13$2.7M$3.0M
Land, buildings, equipmentLn 10c$3K$14K
Total assetsLn 16$4.3M$4.6M
LiabilitiesLn 26$202K$153K
Net assetsLn 32$4.1M$4.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$639K
Other salaries and wagesLn 7$181K
Pension plan contributionsLn 8$27K
Other employee benefitsLn 9$21K
Payroll taxesLn 10$36K
Legal feesLn 11b$158K
Accounting feesLn 11c$36K
Lobbying feesLn 11d$433K
Investment management feesLn 11f$17K
Other fees for servicesLn 11g$170K
Advertising and promotionLn 12$3K
Office expensesLn 13$24K
Information technologyLn 14$11K
OccupancyLn 16$260K
TravelLn 17$7K
Travel and entertainment for public officialsLn 18$47K
Conferences, conventions and meetingsLn 19$44K
Depreciation, depletion and amortizationLn 22$2K
InsuranceLn 23$8K
Other expenses (24a–d)Ln 24$31K
Total functional expensesLn 25$2.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $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 Viewing $2.3M$2.2M$163K$4.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,318,893 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $2,093,749$2,180,654
I-10 Investment incomePrior year $116,080$138,239
I-11 Other revenuePrior year $200$0
I-12 Total revenuePrior year $2,210,029$2,318,893
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 $935,536$903,828
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,278,274$1,252,137
I-18 Total expensesPrior year $2,213,810$2,155,965
I-19 Revenue less expensesPrior year −$3,781$162,928
Part VI · Governance 17 of 17 board members independent, 1 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
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 $2,318,893 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,180,654$2,180,654
VIII-3 Investment incomeExcluded from tax $137,814$137,814
VIII-7 Net gain or loss on sales of assetsExcluded from tax $425$425
VIII-12 Total revenueRelated to mission $2,180,654 · Unrelated business $0 · Excluded from tax $138,239$2,318,893
Part IX · Statement of functional expenses $2,155,965 across 20 lines filed
IX-5 Pay of current officers, directors and key staff$638,668
IX-7 Other salaries and wages$181,108
IX-8 Pension plan contributions$27,017
IX-9 Other employee benefits$21,008
IX-10 Payroll taxes$36,027
IX-11b Legal fees$157,685
IX-11c Accounting fees$36,280
IX-11d Lobbying fees$433,000
IX-11f Investment management fees$17,266
IX-11g Other fees for services$169,749
IX-12 Advertising and promotion$2,730
IX-13 Office expenses$24,246
IX-14 Information technology$11,292
IX-16 Occupancy$260,280
IX-17 Travel$7,277
IX-18 Travel and entertainment for public officials$47,015
IX-19 Conferences, conventions and meetings$43,689
IX-22 Depreciation, depletion and amortization$2,105
IX-23 Insurance$8,117
IX-24 Other expenses (24a–d)$31,406
IX-25 Total functional expenses$2,155,965
Part X · Balance sheet $4,569,182 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $229,415$466,521
X-2 Savings and temporary cash investmentsStart of year $1,223,693$942,091
X-4 Accounts receivableStart of year $20,756$14,217
X-9 Prepaid expenses and deferred chargesStart of year $42,241$78,117
X-10c Land, buildings and equipment, netStart of year $2,903$13,553
X-11 Publicly traded securitiesStart of year $2,722,515$3,043,456
X-15 Other assetsStart of year $11,227$11,227
X-16 Total assetsStart of year $4,252,750$4,569,182
X-17 Accounts payable and accrued expensesStart of year $178,851$151,763
X-19 Deferred revenueStart of year $23,463$1,151
X-26 Total liabilitiesStart of year $202,314$152,914
X-27 Net assets without donor restrictionsStart of year $4,050,436$4,416,268
X-32 Total net assets or fund balancesStart of year $4,050,436$4,416,268
X-33 Total liabilities and net assetsStart of year $4,252,750$4,569,182
Part XI · Reconciliation of net assets $4,416,268 net assets at year end
XI-1 Total revenue$2,318,893
XI-2 Total expenses$2,155,965
XI-3 Revenue less expenses$162,928
XI-4 Net assets at start of year$4,050,436
XI-5 Net unrealized gains (losses) on investments$202,904
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,416,268

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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