2020-03-18T19:10:57-05:00 2019-09-30 010724563 ACM LLP 2015 CLUBHOUSE DRIVE SUITE 203 GREELEY CO 80634 990 2018-10-01 841577682 COMMUNITY RADIO FOR NORTHERN COLORADO COMM 9703782579 1901 56TH AVENUE SUITE 200 GREELEY CO 80634 NEIL BEST PRESIDENT & CEO 9703782579 2020-03-18 1 RYAN M SANGER CPA P00694942 9703521700 38.140.185.74 2020-03-18 10:00:02 MD P 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2020-09-23 17:36:50Z KUNC NEIL BEST 1901 56TH AVENUE SUITE 200 GREELEY CO 80634 5265862 0 X WWW.KUNC.ORG X 2001 CO STRENGTHENING OUR COMMUNITY BY CULTIVATING THE MIND AND SPIRIT - INFORMING, INSPIRING, ENTERTAINING 13 13 40 15 0 0 3441758 3735162 1296751 1279124 36468 38880 43245 -8575 4818222 5044591 0 0 0 0 2121885 2525790 0 0 728402 1815367 1814074 3937252 4339864 880970 704727 6716732 7326093 928736 850883 5787996 6475210 X SEE SCHEDULE OCOMMUNITY RADIO FOR NORTHERN COLORADO'S (CRNC) MISSION IS TO STRENGTHEN OUR COMMUNITY BY CULTIVATING THE MIND AND SPIRIT - INFORMING, INSPIRING, AND ENTERTAINING. CNRC STRIVES TO MEET ITS MISSION BY OPERATING TWO PUBLIC MEDIA SERVICES - KUNC, AN NPR-AFFILIATED NEWS AND INFORMATION PUBLIC RADIO STATION AND THE COLORADO SOUND, A LOCALLY HOSTED MUSIC DISCOVERY PUBLIC RADIO STATION. IN ADDITION, CRNC HAS AN ACTIVE DIGITAL MEDIA PRESENCE FOR BOTH OF ITS CONTENT SERVICES. 0 0 2571866 1279124 PROGRAMMING & PRODUCTION: CRNC PROVIDES PROGRAMMING THAT INFORMS, INSPIRES, ENTERTAINS AND STRENGTHENS COMMUNITY THROUGH ITS PUBLIC RADIO STATIONS, KUNC AND THE COLORADO SOUND. KUNC PRESENTS NEWS AND INFORMATION THROUGH A CURATION OF PROGRAMMING FROM A VARIETY OF SOURCES, INCLUDING NPR. KUNC PROVIDES A BLEND OF INTERNATIONAL, NATIONAL AND REGIONAL NEWS TO THE COMMUNITY. CRNC MAINTAINS AN AWARD-WINNING NEWS DEPARTMENT THAT IS DEDICATED TO PROVIDING QUALITY JOURNALISM AT A REGIONAL LEVEL. THE COLORADO SOUND IS A MUSIC DISCOVERY PUBLIC RADIO STATION APPEALING TO CURIOUS MUSIC LISTENERS WHO APPRECIATE VARIOUS GENRES AND HAVE A LOVE FOR LEARNING ABOUT MUSIC. THE COLORADO SOUND STRIVES TO BE AN ADVOCATE FOR COLORADO MUSICIANS AND THE COLORADO MUSIC SCENE. 480622 BROADCASTING: CRNC TRANSMITS ITS PROGRAMS THROUGH A VAST NETWORK OF STATIONS AND TRANSLATORS IN NORTHERN COLORADO WITH A POPULATION BASE OF OVER TWO MILLION AND IS CURRENTLY LISTENED TO BY OVER 260,000 LISTENERS ALONG THE FRONT RANGE, IN THE NORTHERN PLAINS, AND IN THE MOUNTAIN COMMUNITIES. THE FRONT RANGE SIGNAL IS KUNC (91.5 FM) AND THE COLORADO SOUND IS (105.5 FM). COVERAGE IS SUPPLEMENTED BY 4 STATIONS AND 13 TRANSLATORS, REPLICATING THE KUNC OR COLORADO SOUND PROGRAMMING SIGNALS. THESE SIGNALS ARE LOCATED IN VARIOUS COMMUNITIES INCLUDING STEAMBOAT SPRINGS, BRECKENRIDGE, ESTES PARK, STERLING AND BOULDER. CRNC CONTINUALLY STRIVES TO IMPROVE OUR SERVICE AREA BY INCREASING OUR BROADCASTING CAPABILITIES. CRNC ALSO OFFERS STREAMING OF ITS PROGRAMMING THROUGH THE WEBSITE AND DIGITAL APPS. 151276 PROGRAM INFORMATION & SPECIAL EVENTS: CRNC IS DEDICATED TO STRENGTHENING THE COMMUNITY. CRNC ENGAGES WITH THE COMMUNITY TO UNDERSTAND THE NEEDS AND WANTS OF THE COMMUNITY FOR PUBLIC MEDIA PROGRAMMING AND TO INFORM THE COMMUNITY OF OUR PROGRAM SERVICES. CRNC PARTNERS WITH NUMEROUS COMMUNITY ORGANIZATIONS TO PROMOTE AND SPONSOR EVENTS WITHIN NORTHERN COLORADO. CRNC MAINTAINS WEBSITES AT KUNC.ORG AND COLORADOSOUND.ORG TO PROVIDE EASY ACCESS TO PROGRAM INFORMATION AND PROGRAMMING. 3203764 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 23 0 1 40 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JAMIE WOOD 9703782579 1901 56TH AVENUE SUITE 200 GREELEY CO 80634 BILL KURTZ BOARD CHAIR 1.00 X 0 0 0 KEITH MARSDEN BOARD SECRETARY 1.00 X 0 0 0 SARAH STOKES ALEXANDER DIRECTOR 1.00 X 0 0 0 GARY CHAPPEL DIRECTOR 1.00 X 0 0 0 BARBARA DUNN DIRECTOR 1.00 X 0 0 0 KARL GILLS DIRECTOR 1.00 X 0 0 0 DANI GRANT DIRECTOR 1.00 X 0 0 0 GENEVE HUXLEY DIRECTOR 1.00 X 0 0 0 JP MOON DIRECTOR 1.00 X 0 0 0 MITZI MORAN DIRECTOR 1.00 X 0 0 0 YORIKO MORITA DIRECTOR 1.00 X 0 0 0 VANESSA OTERO DIRECTOR 1.00 X 0 0 0 TERESA VALERIO PARROT DIRECTOR 1.00 X 0 0 0 STEVEN SUMMER DIRECTOR 1.00 X 0 0 0 NEIL BEST CEO & PRESIDENT 40.00 X 136297 0 20369 JAMIE WOOD COO 40.00 X 90946 0 11163 227243 0 31532 1 0 1 0 0 23940 278842 3432380 487286 3735162 UNDERWRITING 515100 1234428 1234428 CAPITOL REPORTING PROJ 515100 44696 44696 1279124 72475 72475 150944 625 185164 0 -34220 625 -33595 -33595 27532 23940 36107 -8575 -8575 5044591 1279124 0 30305 266035 84937 95837 85261 1835126 1418596 69834 346696 80671 63875 1993 14803 179572 136542 8568 34462 164386 118617 12269 33500 3825 2091 1127 607 14800 8088 4363 2349 6470 6470 148166 89717 49505 8944 29658 11176 18482 233284 82675 28085 122524 177530 102893 27798 46839 290077 255721 34356 26761 24651 1970 140 32760 32760 104274 92176 11216 882 22168 13383 8785 PROGRAM EXPENSE 647880 647880 0 0 PROFESSIONAL DEVELOP 35854 27250 5846 2758 DUES AND MEMBERSHIP 20025 11129 2301 6595 EQUIPMENT MAINTENANCE 16982 12367 4615 0 3560 3560 4339864 3203764 407698 728402 461018 149550 636701 1569282 157382 174236 40393 41517 1580000 1242289 380424 337711 859367 872350 4181447 4181447 6716732 7326093 86251 96887 132200 146367 710285 607629 928736 850883 X 5409065 6094439 233256 235096 145675 145675 5787996 6475210 6716732 7326093 704727 -17513 0 X X 0 1 X 1 0 X 2832120 2434834 2857704 3441758 3735162 15301578 2832120 2434834 2857704 3441758 3735162 15301578 106093 15195485 67206 14975 22179 71891 72475 248726 15550304 5723123 0.97720 0.95460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 378931 4740 2900 380771 343906 37845 2820 378931 302885 43585 2564 343906 277177 28035 2327 302885 284307 -4864 2266 277177 0.38260 0.61740 0 0 86480 62774 23706 1451120 1179515 271605 42400 42400 337711 X 5056715 -17513 36107 18594 5038121 6470 6470 5044591 4369501 36107 36107 4333394 6470 6470 4339864 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "IRC"). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE FOR FEDERAL, STATE, OR LOCAL TAXES. IN ADDITION, THE INTERNAL REVENUE SERVICE ("IRS") HAS DETERMINED THAT THE ORGANIZATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THE ORGANIZATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS DETERMINED NO UNCERTAIN TAX POSITIONS HAVE BEEN TAKEN, AND THEREFORE, NO AMOUNT HAS BEEN RECOGNIZED AS OF SEPTEMBER 30, 2019. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS GENERAL AND ADMINISTRATIVE EXPENSE. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL, STATE AND LOCAL TAX EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 36,107. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 36,107. SCIENCE FRIDAY LIVE 51472 23940 27532 8500 2532 25000 75 51472 23940 27532 8500 2532 25000 75 36107 -8575 0 0 0 0 0 0 0 0 0 NEIL BEST CEO & PRESIDENT 136297 0 0 0 0 0 8266 0 12103 0 156666 0 0 0 X 415 173010 FMV-DATE OF CONTRIB. X 8 314276 FMV-DATE OF CONTRIB. 0 0 1 1 PART I, LINE 32B: CRNC'S AUTO DONATION PROGRAM IS ADMINISTERED THROUGH THE CAR TALK VEHICLE DONATION PROGRAM AND VEHICLES FOR CHARITY. THESE ORGANIZATIONS PERFORM ALL THE ADMINISTRATIVE DUTIES RELATED TO AUTO DONATIONS, INCLUDING PROVIDING FORM 1098-C TO DONORS. CRNC RECEIVES 70-75% OF NET PROCEEDS OF THE AUTO DONATIONS FROM THE CAR TALK VEHICLE DONATION PROGRAM AND 60% OF THE NET PROCEEDS FROM VEHICLES FOR CHARITY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE, WHO THEN RECOMMENDS APPROVAL TO THE ENTIRE BOARD. AT THE QUARTERLY BOARD MEETING, EACH BOARD MEMBER RECEIVES A COPY OF THE FORM 990. THE GENERAL MANAGER OR THE CPA PREPARER PRESENTS AN OVERVIEW OF THE FORM 990 TO THE BOARD. THE BOARD WILL THEN MAKE A MOTION TO APPROVE THE FORM 990 AND AUTHORIZES THE PRESIDENT TO SIGN AND SUBMIT THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY AT THE JUNE BOARD OF DIRECTORS MEETING, DIRECTORS, OFFICERS, AND KEY EMPLOYEES COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE AND SIGN A CONFIRMATION STATEMENT THAT THEY HAVE READ AND UNDERSTAND THE CRNC CONFLICT OF INTEREST POLICY. THE QUESTIONNAIRES ARE REVIEWED AND MAINTAINED BY THE GENERAL MANAGER. AT THE BEGINNING OF EACH BOARD OF DIRECTORS MEETING, THE CHAIR OF THE BOARD ASKS FOR ANY CONFLICT OF INTEREST DISCLOSURES. IF A CONFLICT OF INTEREST ARISES, THE BOARD MEMBER, OFFICER, OR KEY EMPLOYEE MUST REFRAIN FROM USING HIS PERSONAL INFLUENCE IN REGARDS TO THE TRANSACTION, REMOVE THEMSELVES FROM THE DISCUSSIONS REGARDING THE TRANSACTION, AND RECUSE THEMSELVES FROM VOTING ON ANY DECISIONS WITH REGARDS TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CRNC BOARD OF DIRECTOR PERFORMS AN ANNUAL PERFORMANCE EVALUATION OF THE PRESIDENT AT THE SEPTEMBER BOARD OF DIRECTORS MEETING. UPON COMPLETION OF THE PERFORMANCE EVALUATION, THE PRESIDENT'S SALARY AND BENEFITS ARE REVIEWED AND COMPARED TO THE ANNUAL CORPORATION FOR PUBLIC BROADCASTING (CPB) SALARY SURVEY. THE CPB SALARY SURVEY PROVIDES SALARY DATA FOR SIMILAR SIZED PUBLIC RADIO STATIONS BY POSITION, INCLUDING CEO. THE BOARD OF DIRECTORS AUTHORIZES ANY CHANGES TO THE PRESIDENT'S SALARY UPON REVIEW OF THE PERFORMANCE EVALUATION AND CPB SALARY SURVEY DATA. THE LAST REVIEW OF KEY EMPLOYEE COMPENSATION OCCURRED IN SEPTEMBER 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING AND FINANCIAL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.