2018-11-05T10:05:27-06:00 2017-12-31 390758449 WIPFLI LLP PO BOX 12237 GREEN BAY WI 543072237 990 2017-01-01 392003067 IMMACULATE HEART MEDIA INC FKA STARBOARD MEDIA FOUNDATION INC IMMA 8772910123 1496 BELLEVUE STREET NO 202 GREEN BAY WI 54311 AMY VANDEN LANGENBERG CHIEF FINANCIAL OFFICER 9208841460 2018-10-24 1 TERRI REXRODE CPA MST P00096513 9206620016 2018-10-24 74.87.127.216 2018-10-24 09:41:19 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A43ECD1EE6AF4781A69F6BFA161A98BDE8FA2C07 2017 2018-06-14 16:35:46Z RELEVANT RADIO REV FRANCIS HOFFMAN 1496 BELLEVUE STREET NO 202 GREEN BAY WI 54311 44694116 0 X WWW.RELEVANTRADIO.COM X 2000 WI PROVIDING RELEVANT PROGRAMMING TO HELP PEOPLE BRIDGE THE GAP BETWEEN FAITH AND EVERYDAY LIFE. 17 13 112 710 1717420 -109638 21069645 41980993 1815576 2227558 7973 33352 145183 -4860 23038377 44237043 75000 125000 0 0 4260564 6937791 0 0 1336861 5623729 7277742 9959293 14340533 13079084 29896510 55841686 85265383 22600400 22127587 33241286 63137796 X IMMACULATE HEART MEDIA, INC. (D/B/A RELEVANT RADIO) EXISTS TO ASSIST THE CHURCH IN THE NEW EVANGELIZATION BY PROVIDING RELEVANT PROGRAMMING THROUGH MEDIA PLATFORMS TO HELP PEOPLE BRIDGE THE GAP BETWEEN FAITH AND EVERYDAY LIFE. 1 0 12019843 125000 504676 RELEVANT RADIO OWNS 62 RADIO STATIONS AND HAS 65 AFFILIATE STATIONS ACROSS 38 STATES IN THE CONTINENTAL UNITED STATES, SERVING THE CATHOLIC POPULATION IN 96 DIOCESES. CURRENTLY, THE RELEVANT RADIO NETWORK HAS THE ABILITY TO REACH OVER 140 MILLION PEOPLE IN THESE DIOCESES. IN ADDITION, RELEVANT RADIO HAS A STRONG INTERNET PRESENCE AND ONLINE STREAMING AUDIENCE, AS WELL AS A MOBILE APPLICATION MAKING IT POSSIBLE TO REACH LISTENERS ON THEIR MOBILE DEVICES. OUR TALK RADIO FORMAT INCLUDES 24 HOUR PROGRAMMING TO HELP LISTENERS STAY SPIRITUALLY CONNECTED ALL DAY LONG. OUR PROGRAMMING GRID CURRENTLY INCLUDES DAYBREAK, MORNING AIR, THE PATRICK MADRID SHOW, THE INNER LIFE, GO ASK YOUR FATHER, FR. SIMON SAYS, THE DREW MARIANI SHOW, A CLOSER LOOK, ST. JOSEPH'S WORKSHOP, FAMILY ROSARY ACROSS AMERICA, THE JOE SIKORRA SHOW AS WELL AS THE DAILY AND SUNDAY PRAYERS AND MASS. 12019843 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 112 1 1 112 1 1 1 0 0 0 0 1 1 0 0 0 0 X 17 13 0 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY MA MD ME LA MT MO MS MN MI VT UT TX TN SD SC RI PA OR OK OH ND NC NY NM NJ NH NV NE WY WI WV WA VA X AMY VANDEN LANGENBERG 9208841460 1496 BELLEVUE STREET STE 202 GREEN BAY WI 54311 AURICCHIO ERRICO DIRECTOR 10.00 X 0 0 0 BURKE STEVEN DIRECTOR 10.00 X 0 0 0 CAVANAGH JOE DIRECTOR 10.00 X 0 0 0 FELTL JOHN DIRECTOR 10.00 X 0 0 0 HEBDA MOST REV BERNARD DIRECTOR 10.00 X 0 0 0 RICKEN MOST REV DAVID DIRECTOR 10.00 X 0 0 0 RIORDAN ROBERT DIRECTOR 10.00 X 0 0 0 RUF LINDA SECRETARY/CHIEF ADVANCEMENT OFFICER 40.00 X X 28295 0 2708 VON DOHLEN PATRICIA DIRECTOR 10.00 X 0 0 0 WIGGINS TIMOTHY DIRECTOR 10.00 X 0 0 0 VORPAHL THOMAS CHAIRMAN/CHIEF OPERATING OFFICER 40.00 X X 21915 0 9443 HOFFMAN REV FRANCIS TREASURER/EXECUTIVE DIRECTOR 40.00 X X 30108 0 308 CAVIL JOHN DIRECTOR 10.00 X 0 0 0 SWARTZBERG PAMELA DIRECTOR 20.00 X 6358 0 0 ZURLO EUGENE DIRECTOR 10.00 X 0 0 0 GOMEZ MOST REV JOSE DIRECTOR 10.00 X 0 0 0 HAAS CHARLES DIRECTOR 10.00 X 0 0 0 SHERMAN DOUG - FORMER DIRECTOR/PRESIDENT OF IHR 40.00 X 245453 0 541 VANDEN LANGENBERG AMY CHIEF FINANCIAL OFFICER 40.00 X 102385 0 11098 KENDALL MICHAEL CHIEF PROGRAMMING OFFICER 40.00 X 108651 0 3253 MARIANI DREW SHOW HOST 40.00 X 203440 0 22783 COULSON GARYN SALES ASSOCIATE 40.00 X 141264 0 3960 KOSINSKI JOHN SHOW HOST 40.00 X 149825 0 2346 LIDDY MARIE DEVELOPMENT DIRECTOR 40.00 X 120814 0 8355 1158508 0 64795 7 0 1 0 0 743625 41237368 1711946 41980993 COMMERCIAL ADVERTISING 515100 1728292 1728292 SPONSORSHIP 515100 499266 499266 2227558 33352 33352 17300 56048 26844 57028 -9544 -980 -10524 -10872 348 239092 743625 371299 -132207 -132207 13490 1008 12482 12482 6304 894 5410 5410 119979 119979 119979 44237043 504676 1717420 33954 125000 125000 458612 297648 100555 60409 5529373 4684638 308072 536663 54859 43443 5743 5673 464220 347694 56239 60287 430727 350574 30663 49490 194696 91099 102845 752 30553 30553 617573 564489 4818 48266 244268 232469 7845 3954 1335864 968573 75669 291622 241231 196357 28340 16534 1704063 1640154 37119 26790 222136 91569 43002 87565 149160 43488 38141 67531 890625 890625 652867 623456 26927 2484 115392 98061 17331 PREMIUMS AND REVENUE SH 315309 218216 35490 61603 BAD DEBT EXPENSE 192293 192293 TAX EXPENSE 135790 135790 PURCHASED AIR TIME 45291 45291 190631 138916 34477 17238 14340533 12019843 983829 1336861 128 327 5736718 5555382 1554407 1969526 221607 289323 50376 42137 169410 278927 15451710 7451326 6353795 8000384 41353308 68987093 401937 142284 55841686 85265383 481681 1845282 31837 45718 264000 259000 14988119 14723390 6834763 5254197 22600400 22127587 X 29165390 61869558 4075896 1268238 33241286 63137796 55841686 85265383 29896510 0 X X 0 1 X 1 0 X 10140835 11269884 10268736 21069645 41980993 94730093 10140835 11269884 10268736 21069645 41980993 94730093 3695567 91034526 21470 67387 59345 8204 42111 198517 94775 124878 219653 95148263 3594896 0.95680 0.93580 X 0 51000 X PLEDGE DRIVE PREMIUMS 0 1681000 1681000 443596 124436 319160 319632 231675 87957 9671480 6244660 3426820 3336002 850555 2485447 8000384 44972493 279115 279115 44693378 -456335 -456335 44237043 15075983 279115 456335 735450 14340533 0 14340533 PART III, LINE 4: THE ORGANIZATION OWNS THE ORIGINAL PENCIL SKETCHES OF THOMAS BLACKSHEAR AS WELL AS COPYRIGHTS. THE REPRODUCTIONS ARE OFFERED DURING MONTHS THAT ARE OF SPECIAL SIGNIFICANCE TO THE INDIVIDUAL WHO THE PORTRAIT IS PAINTED AFTER. THESE REPRODUCTIONS ARE GIVEN TO DONORS WHO CONTRIBUTE OVER A CERTAIN DOLLAR AMOUNT AS AN ADDED "THANK YOU" FROM THE ORGANIZATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS -372,307. RENTAL EXPENSES -83,872. ONLINE STORE SALES EXPENSE -156. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS 372,307. ONLINE STORE SALES EXPENSE 156. RENTAL EXPENSES 83,872. CHICAGO DINNER 162997 127330 35667 2301 47118 8327 MINNEAPOLIS DINNER 422044 374924 47120 2746 86781 19309 8 397676 241371 156305 6012 162395 36310 982717 743625 239092 11059 296294 63946 371299 -132207 1 NORTHRIDGE PREPARATORY SCHOOL INC 8320 BALLARD ROAD NILES IL 60714 800597509 501(C)3 100000 CATHOLIC EDUCATION AND EVANGELIZATION CATHOLIC RADIO ASSOCIATION PO BOX 172051 SPARTANBURG SC 29301 470861849 501(C)3 25000 CATHOLIC EDUCATION AND EVANGELIZATION 2 0 PART I, LINE 2: THE BOARD REVIEWS AND APPROVES ALL GIFTS IN THE AMOUNT OF $5,000 OR MORE TO OTHER NON-PROFIT ORGANIZATIONS THAT ARE IN LINE WITH THE MISSION OBJECTIVES OF RELEVANT RADIO. ACCORDING TO THE ORGANIZATION BY-LAWS, SECTION 2.05, THE CORPORATION SHALL AWARD GIFTS, GRANTS IN A MANNER THAT DOES NOT VIOLATE ITS 501(C)3 STATUS. X 1 1 X X 1 0 0 1 0 0 0 0 0 SHERMAN DOUG - FORMER DIRECTOR/PRESIDENT OF IHR 27513 0 0 0 217940 0 0 0 541 0 245994 0 0 0 MARIANI DREW SHOW HOST 203026 0 0 0 414 0 11334 0 11449 0 226223 0 0 0 KOSINSKI JOHN SHOW HOST 148637 0 0 0 1188 0 0 0 2346 0 152171 0 0 0 PART I, LINE 1A LINDA RUF IS A DIRECTOR. LINDA WAS REQUIRED TO TRAVEL FOR DONOR DEVELOPMENT PURPOSES. IN ADDITION TO HER PRESENCE, WE NEEDED ANOTHER VOLUNTEER TO CHAPERONE THE TRIP IN ORDER TO MAINTAIN OUR PRUDENCE POLICY. OUR PRUDENCE POLICY REQUIRES AT LEAST ONE MALE AND ONE FEMALE VOLUNTEER OR EMPLOYEE TO PREVENT AN ATTENDING PARTICIPANT FROM BEING REQUIRED TO BE ALONE WITH A PERSON OF THE OPPOSITE SEX. IN ADDITION, ALL VOLUNTEERS ARE REQUIRED TO HELP THE VERY ELDERLY AND VULNERABLE ADULT PARTICIPANTS ON THE TRIP THAT NEED ASSISTANCE. LINDA'S HUSBAND VOLUNTEERED TO MEET THESE NEEDS, AND RELEVANT RADIO COVERED HIS COST OF THE TRIP AS A PART OF HIS VOLUNTEER CHAPERONING EXPECTATION. PART I, LINE 4A DOUGLAS SHERMAN RECEIVED SEVERANCE PAY OF $217,940. MARIE LIDDY RECEIVED SEVERANCE PAY OF $17,653. PART I, LINE 5 GARYN COULSON, SALES ASSOCIATE, RECEIVED A 27% COMMISSION ON LOCAL SALES COLLECTIONS AND A 22% COMMISSION ON NETWORK SALES COLLECTIONS, HE IS A HIGHEST COMPENSATED EMPLOYEES. BENJAMIN & LINDA RUF DIRECTOR PURCHASE OF WNTD-AM 950 KHZ, CHICAGO, ILLINOIS X 300000 259000 0 1 1 259000 X 35 1709988 FAIR MARKET VALUE X OTHER SUPPLIES 4 1958 COST OF DONATED PROP 0 1 1 PART I, LINE 32B: STOCKS AND SECURITIES ARE SOLD BY INVESTMENT MANAGEMENT COMPANIES UPON DONATION TO IMMACULATE HEART MEDIA, INC. FORM 990, PART III, LINE 2 EFFECTIVE JULY 1, 2017, THE ORGANIZATION ACQUIRED ALL ASSETS AND ASSUMED ALL LIABILITIES OF IHR EDUCATIONAL BROADCASTING, INC. NO CONSIDERATION WAS TRANSFERRED IN THE TRANSACTION. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANZIATION'S BYLAWS WERE AMENDED DURING THE YEAR TO INCLUDE A LIST OF MAJOR DECISIONS THE EXECUTIVE COMMITTEE MAY NOT MAKE WITHOUT THE APPROVAL OF THE BOARD OF DIRECTORS. THE MAJOR DECISIONS SHALL MEAN ANY DECISION TO ACT OR NOT TO ACT THAT RELATES TO THE FOLLOWING: (I) SALE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION OR ANY SUBSIDIARY THEREOF OR MERGER OF THE CORPORATION OR ANY SUBSIDIARY WHERE THERE IS A CHANGE-IN-CONTROL; (II) BORROWING IN EXCESS OF $200,000 IN THE AGGREGATE NOT SPECIFICALLY REFLECTED ON AN ANNUAL CAPITAL AND OPERATING BUDGET APPROVED BY THE BOARD; (III) MAKING INVESTMENTS IN EXCESS OF $200,000 IN THE AGGREGATE (EXCEPT FOR NORMAL WORKING CAPITAL MANAGEMENT IN THE ORDINARY COURSE OF BUSINESS AND FOR CAPITAL TRANSACTIONS SET FORTH IN THE BUDGET); (IV) PURCHASE (INCLUDING LEASE, MANAGEMENT AGREEMENT, TIME BROKERAGE AGREEMENT AND RELATED STRUCTURES) OF ANY RADIO STATION; (V) SALE (INCLUDING LEASE, MANAGEMENT AGREEMENT, TIME BROKERAGE AGREEMENT AND RELATED STRUCTURES) OF ANY RADIO STATION; (VI) SIGNIFICANT CHANGE IN THE FORMAT OF ANY RADIO STATION; (VII) CONVERSION TO A FOR-PROFIT CORPORATION; (VIII) CHANGE IN ANY OFFICER; (IX) REMOVAL OR APPOINTMENT OF ANY MEMBER OF THE EXECUTIVE COMMITTEE; (X) REMOVAL OR APPOINTMENT OF ANY MEMBER OF THE BOARD OF DIRECTORS; (XI) AMEND THE CHARTER OF ANY COMMITTEE OF THE BOARD OF DIRECTORS OR TAKE ANY ACTION DELEGATED BY CHARTER TO ANY OTHER COMMITTEE OF THE BOARD OF DIRECTORS; (XII) AN AMENDMENT TO OR WAIVER OF THE ARTICLES OF INCORPORATION OR BY LAWS; (XIII) SELECTION OR TERMINATION OF THE CORPORATION'S INDEPENDENT PUBLIC AUDITORS AND LEGAL COUNSEL; (XIV) ANY CHANGE IN THE SIZE OF THE BOARD OR EXECUTIVE COMMITTEE OR CHANGE IN THE VOTING RIGHTS FOR THE SELECTION OF THE BOARD OR EXECUTIVE COMMITTEE; (XV) ANY CHANGE IN THE PRIMARY LINE OF BUSINESS OF THE CORPORATION OR ANY SUBSIDIARY; (XVI) ANY CHANGE IN BRAND OR MISSION OF THE CORPORATION; (XVII) APPROVAL OF THE ANNUAL CAPITAL AND OPERATING BUDGET OR ANY MATERIAL CHANGES THERETO; (XVIII) CHANGE IN THE ACCOUNTING REPORTING PERIOD OF THE CORPORATION; (XIX) APPROVAL OF ANY CAPITAL EXPENDITURE, CONTRACTS AND CAPITAL IMPROVEMENT IN EXCESS OF $200,000; (XX) RELATED PARTY TRANSACTIONS OTHER THAN (I) FOR PAYMENT OF CUSTOMARY SALARY FOR SERVICES RENDERED OR (II) FOR OTHER STANDARD EMPLOYEE BENEFITS MADE GENERALLY AVAILABLE TO ALL EMPLOYEES; (XXI) VOLUNTARY DISSOLUTION, BANKRUPTCY, ASSIGNMENT FOR THE BENEFIT OF CREDITORS OR COMPOSITION OR LIQUIDATION OF THE CORPORATION; (XXII) MAKING ANY LOAN OR ADVANCE IN EXCESS OF $20,000 TO ANY EMPLOYEE OF THE CORPORATION OTHER THAN A TRAVEL OR ENTERTAINMENT ADVANCE MADE IN THE ORDINARY COURSE OF BUSINESS; (XXIII) GUARANTEEING OBLIGATIONS OF AFFILIATES OR OTHER THIRD PARTIES; (XXIV) EMPLOYMENT OFFERS AND AGREEMENTS FOR AN EXECUTIVE DIRECTOR, THE PRESIDENT AND CHAIRMAN OF THE BOARD; (XXV) CHANGING OR RELOCATING THE REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS OF THE CORPORATION OR ANY SUBSIDIARY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND ACCOUNTING AND THE CHIEF FINANCIAL OFFICER FOR ACCURACY WITH INTERNAL RECORDS, RESPONSES TO QUESTIONS AND COMPARISON TO AUDITED FINANCIAL STATEMENTS. THE 990 THEN GOES TO THE FINANCIAL COMMITTEE WHICH CONSISTS OF THE CHAIRPERSON, EXECUTIVE DIRECTOR, TREASURER, SECRETARY, AND TWO(2) MEMBERS OF THE BOARD OF DIRECTORS APPOINTED BY THE CHAIRPERSON OF THE CORPORATION FOR APPROVAL BEFORE SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS MUST REVIEW AND SIGN A DUE DILIGENCE ACKNOWLEDGEMENT FORM. EMPLOYEES DO THE SAME WITH THE EMPLOYEE HANDBOOK WHICH ADDRESSES CONFLICT OF INTEREST. IN ADDITION, DIRECTORS MUST PROMPTLY MAKE DISCLOSURE OF THE CONFLICT OF INTEREST TO QUALIFIED DIRECTORS OF THE BOARD. IF A CONFLICT EXISTS, THE RESOLUTION MAY INCLUDE APPROVING OR DISAPPROVING THE TRANSACTION AT ISSUE OR REQUIRING THE DIRECTOR TO REMOVE HIMSELF OR HERSELF FROM POSITIONS IN WHICH THE CONFLICT OF INTEREST EXISTS UNTIL THERE IS NO LONGER A CONFLICT OR REQUIRING THE DIRECTOR TO DISCONTINUE OR MODIFY HIS OR HER PARTICIPATION IN THE BOARD, COMMITTEES, OR TASK FORCES WHERE THE CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCES PERFORMS A COMPILATION OF MARKET COMPARABLE INFORMATION FOR RADIO AND NON-PROFIT INDUSTRIES. SALARIES ARE AT THE DISCRETION OF MANAGEMENT UPON HUMAN RESOURCE'S ADVICE. SR. MANAGEMENT POSITIONS ARE ON THE APPROVAL OF THE BOARD. ALL CHANGES ARE PRESENTED TO THE BOARD. THE PROCESS INCLUDES THE USE OF INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DECISIONS THAT ARE MADE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE ON THE ORGANIZATION'S WEBSITE AND ARE AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.