2017-02-14T10:30:16-06:00 2016-06-30 141555429 UHY ADVISORS NY INC 4 TOWER PLACE EXECUTIVE PARK 7TH FLOOR ALBANY NY 12203 990 2015-07-01 222400593 WAMC WAMC 5184655233 318 CENTRAL AVENUE ALBANY NY 12206 ALAN S CHARTOCK PRESIDENT 5184655233 2017-02-08 1 WILLIAM M KAHN CPA P00543542 5184493166 2015 2021-01-29 14:40:06Z ALAN S CHARTOCK 318 CENTRAL AVENUE ALBANY NY 12206 7322728 0 X WAMC.ORG X 1981 NY SEE PAGE 2 PART III, AND SCHEDULE O. 20 19 68 500 0 0 6735856 6877402 187060 167322 -221938 42758 119619 0 6820597 7087482 0 0 0 0 3259044 3325938 0 0 1716570 3421083 3511341 6680127 6837279 140470 250203 7795859 7736005 869081 615809 6926778 7120196 X WAMC IS CHARTERED BY THE NEW YORK STATE BOARD OF REGENTS TO "FURNISH, PREPARE AND PRESENT NON-PROFIT AND NON-COMMERCIAL EDUCATIONAL, INSTRUCTIONAL AND CULTURAL RADIO PROGRAMS AND ALSO NON-PROFIT AND NON-COMMERCIAL PROGRAMS (INCLUDING WITHOUT LIMITATION, CHAMBER AND FOLK MUSIC PROGRAMS AND FORUMS ON PUBLIC AFFAIRS) FOR LIVE AUDIENCES WHICH MAY ALSO BE BROADCAST." 1 0 4072179 6877402 WAMC, NORTHEAST PUBLIC RADIO, CHARTERED BY THE NYS BOARD OF REGENTS IN 1984, IS A NON-COMMERCIAL, PUBLIC RADIO STATION. WITH STATIONS AND TRANSLATORS IN 28 LOCATIONS THROUGHOUT THE NORTHEAST, WAMC'S LISTENING AREA REACHES PARTS OF SEVEN STATES, INCLUDING NEW YORK, NEW JERSEY, PENNSYLVANIA, VERMONT, MASSACHUSETTS, CONNECTICUT, AND NEW HAMPSHIRE. WITH MORE THAN 400,000 MONTHLY LISTENERS, WAMC RANKS AMONG THE MOST-LISTENED-TO PUBLIC RADIO STATIONS IN THE UNITED STATES. WAMC BROADCASTS TWENTY-FOUR HOURS A DAY, SEVEN DAYS A WEEK WITH A SCHEDULE OF NEWS, INFORMATION, MUSIC, AND CULTURAL PROGRAMMING. IN ADDITION TO PROGRAMMING PROVIDED BY NPR, TO WHICH WAMC SUBSCRIBES, THE STATION IS ONE OF THE MOST PROLIFIC PRODUCERS OF ORIGINAL PUBLIC RADIO STYLE PROGRAMMING IN THE COUNTRY. WAMC PRODUCES AND BROADCASTS NINE LOCALLY-AIRED PROGRAMS, INCLUDING THE ROUNDTABLE, WHICH IS A MULTI-AWARD WINNING, NATIONALLY RECOGNIZED, ECLECTIC TALK PROGRAM. WAMC ALSO PRODUCES NINE NATIONALLY-SYNDICATED PROGRAMS WHICH ARE BROADCAST BY HUNDREDS OF RADIO STATIONS THROUGHOUT NORTH AMERICA AND ON ARMED FORCES RADIO. IN ADDITION TO RADIO PROGRAMMING, WAMC ALSO OWNS AND OPERATES THE LINDA (WAMC'S PERFORMING ARTS STUDIO). KNOWN FOR ITS INTIMATE SETTING AND COMMITMENT TO ARTISTIC QUALITY, THE LINDA STANDS OUT AS A HYBRID PERFORMANCE VENUE, BROADCAST STUDIO, AND CULTURAL ARTS CENTER THAT HOSTS A DIVERSE SELECTION OF EVENTS; INCLUDING LIVE MUSICAL PERFORMANCES, FILMS, DOCUMENTARIES, PANEL DISCUSSIONS, DEBATES, SPOKEN WORD AND COMEDY. 4072179 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 60 0 1 68 1 0 0 0 0 0 1 1 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY MA X X X THE ORGANIZATION 5184655233 318 CENTRAL AVENUE ALBANY NY 12206 JOSEPH BROWDY BOARD CHAIR 10.00 X X 0 0 0 ANNE ERICKSON VICE CHAIR 2.00 X X 0 0 0 DOROTHY REYNOLDS SECRETARY 2.00 X X 0 0 0 JANET AXELROD TREASURER 2.00 X X 0 0 0 ALAN S CHARTOCK PRESIDENT 40.00 X X 191901 0 8287 ROBERT NORRIS TRUSTEE 1.00 X 0 0 0 MARY BALLOU TRUSTEE 1.00 X 0 0 0 IRA FUSFELD TRUSTEE 1.00 X 0 0 0 CARMI RAPPORT TRUSTEE 1.00 X 0 0 0 JUDY GRUNBERG TRUSTEE 1.00 X 0 0 0 GERALD BENJAMIN TRUSTEE 1.00 X 0 0 0 DAN BAZILE TRUSTEE 1.00 X 0 0 0 ROGER PHILLIPS TRUSTEE 1.00 X 0 0 0 WILL LITTLE TRUSTEE 1.00 X 0 0 0 JOHN DUNNE TRUSTEE 1.00 X 0 0 0 JAMES SPENCER TRUSTEE 1.00 X 0 0 0 DAVID FORD MD TRUSTEE 1.00 X 0 0 0 ANTHONY CAPECE JR TRUSTEE 1.00 X 0 0 0 SANDY WAXGISER TRUSTEE 1.00 X 0 0 0 KEVIN O'CONNOR TRUSTEE 1.00 X 0 0 0 DEBERA SAGLIMBENI FORMER UNDERWRITING REPRESENTATIV 40.00 X 140773 0 0 DONA FRANK-FEDERICO FORMER CHIEF OF STAFF 40.00 X 120763 0 5577 453437 0 13864 3 0 1 0 0 480337 6397065 21128 6877402 PERFORMING ARTS STUDIO 711130 167322 167322 167322 39166 39166 238838 235246 3592 3592 3592 7087482 167322 0 42758 X 191901 105545 9595 76761 2618025 1262485 288576 1066964 516012 280332 51863 183817 40333 37333 3000 21040 6417 10348 4275 53970 53970 10957 10957 77190 66415 10775 26141 6498 14051 5592 82689 22543 26455 33691 387368 204104 183264 77696 34963 26417 16316 PROGRAM ACQ/PRODUCTION 1316070 1316070 RENTALS 307458 281821 14665 10972 COMPUTER NETWORKING 181399 114974 37838 28587 UTILITIES 165512 118036 47476 0 763518 251976 235722 275820 6837279 4072179 1048530 1716570 1773483 1685974 99872 53498 448556 467724 11288841 6770015 4482127 4518826 953761 923192 38060 86791 7795859 7736005 75897 48994 331677 257778 130674 0 330833 309037 869081 615809 X 6926778 7120196 6926778 7120196 7795859 7736005 250203 -56785 0 X 0 1 X 1 0 X 6744851 6864010 6843327 6850397 6877402 34179987 6744851 6864010 6843327 6850397 6877402 34179987 34179987 109480 122682 119371 114452 39166 505151 8470 3950 4228 -277919 0 -261271 34423867 0.99290 0.99060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 532610 532610 3767019 3767019 6989212 6989212 6770015 -6770015 4518826 ACCRUED COMPENSATION 185642 GIFT ANNUITY OBLIGATIONS 123395 309037 X 7030696 -56786 -56786 7087482 0 7087482 6837279 0 6837279 0 6837279 PART X, LINE 2: WAMC, WHICH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501-C(3) OF THE INTERNAL REVENUE CODE, FOLLOWS GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE INCOME TAX POSITIONS TAKEN BY WAMC FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT WAMC CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT WAMC MAY, FROM TIME-TO-TIME, RECORD GROSS REVENUE FROM CERTAIN ACTIVITIES WHICH ARE CONSIDERED AN UNRELATED BUSINESS ACTITITY UNDER THE INTERNAL REVENUE CODE. NONE OF WAMC'S FEDERAL OR STATE INCOME TAX RETURNS IS CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE OR STATE AUTHORITIES. X X X X X 0 0 0 1 0 0 0 0 0 ALAN S CHARTOCK PRESIDENT 191901 0 0 0 0 0 7104 0 1183 0 200188 0 0 0 DEBERA SAGLIMBENI FORMER UNDERWRITING REPRESENTATIV 134773 0 0 0 6000 0 0 0 0 0 140773 0 0 0 DONA FRANK-FEDERICO FORMER CHIEF OF STAFF 120763 0 0 0 0 0 2092 0 3485 0 126340 0 0 0 PART I, LINE 5 COMMISSIONS ARE PAID TO MS. SAGLIMBENI, IN LIEU OF SALARY OR OTHER COMPENSATION, BASED ON UNDERWRITING REVENUES GENERATED. FORM 990, PART III, LINE 2 WAMC, NORTHEAST PUBLIC RADIO, CHARTERED BY THE NYS BOARD OF REGENTS IN 1984, IS A NON-COMMERCIAL, PUBLIC RADIO STATION. WITH STATIONS AND TRANSLATORS IN 28 LOCATIONS THROUGHOUT THE NORTHEAST, WAMC'S LISTENING AREA REACHES PARTS OF SEVEN STATES, INCLUDING NEW YORK, NEW JERSEY, PENNSYLVANIA, VERMONT, MASSACHUSETTS, CONNECTICUT, AND NEW HAMPSHIRE. WITH MORE THAN 400,000 MONTHLY LISTENERS, WAMC RANKS AMONG THE MOST-LISTENED-TO PUBLIC RADIO STATIONS IN THE UNITED STATES. WAMC BROADCASTS TWENTY-FOUR HOURS A DAY, SEVEN DAYS A WEEK WITH A SCHEDULE OF NEWS, INFORMATION, MUSIC, AND CULTURAL PROGRAMMING. IN ADDITION TO PROGRAMMING PROVIDED BY NPR, TO WHICH WAMC SUBSCRIBES, THE STATION IS ONE OF THE MOST PROLIFIC PRODUCERS OF ORIGINAL PUBLIC RADIO STYLE PROGRAMMING IN THE COUNTRY. WAMC PRODUCES AND BROADCASTS NINE LOCALLY-AIRED PROGRAMS, INCLUDING THE ROUNDTABLE, WHICH IS A MULTI-AWARD WINNING, NATIONALLY RECOGNIZED, ECLECTIC TALK PROGRAM. WAMC ALSO PRODUCES NINE NATIONALLY-SYNDICATED PROGRAMS WHICH ARE BROADCAST BY HUNDREDS OF RADIO STATIONS THROUGHOUT NORTH AMERICA AND ON ARMED FORCES RADIO. IN ADDITION TO RADIO PROGRAMMING, WAMC ALSO OWNS AND OPERATES THE LINDA (WAMC'S PERFORMING ARTS STUDIO). KNOWN FOR ITS INTIMATE SETTING AND COMMITMENT TO ARTISTIC QUALITY, THE LINDA STANDS OUT AS A HYBRID PERFORMANCE VENUE, BROADCAST STUDIO, AND CULTURAL ARTS CENTER THAT HOSTS A DIVERSE SELECTION OF EVENTS; INCLUDING LIVE MUSICAL PERFORMANCES, FILMS, DOCUMENTARIES, PANEL DISCUSSIONS, DEBATES, SPOKEN WORD AND COMEDY. FORM 990, PART V, LINE 3B IN THE FISCAL YEAR ENDED JUNE 30, 2015, WAMC SOLD CERTAIN COMMERCIAL PROPERTIES FROM WHICH IT DERIVED RENTAL INCOME. THE RENTAL OPERATIONS WERE CONSTRUED TO BE UNRELATED BUSINESS INCOME SUBJECT TO UBIT AND WERE REPORTED AS SUCH IN PRIOR YEARS FORM 990. THE RELATED LOSS ON THE SALE OF THESE PROPERTIES WAS REPORTED IN THE PRIOR YEAR FORM 990. IN THE CURRENT YEAR, WAMC HAD NO UNRELATED BUSINESS INCOME. FORM 990, PART VI, SECTION B, LINE 11 THE CPA/PREPARER REVIEWS A DRAFT COPY OF THE FORM 990 WITH WAMC'S EXECUTIVE COMMITTEE OF THE BOARD AND ANY PROPOSED COMMITTEE CHANGES ARE COMPLETED. SUBSEQUENTLY, BUT PRIOR TO FILING, THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD. FORM 990, PART VI, SECTION B, LINE 12C WAMC MAINTAINS A CONFLICT OF INTEREST POLICY UNDER WHICH OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS WHICH MIGHT GIVE RISE TO CONFLICTS. IN ADDITION, TRUSTEES ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS TO OTHER BOARD MEMBERS AT ALL MEETINGS. A QUESTIONNAIRE IS ALSO REQUIRED BY THE FEDERAL COMMUNICATIONS COMMISSION (ON A BI-ANNUAL BASIS) IN WHICH TRUSTEES ARE REQUIRED TO DISCLOSE CERTAIN OTHER MATTERS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HAS THE RESPONSIBILITY TO SET THE PRESIDENT'S (CEO) COMPENSATION AND CONDUCT AN ANNUAL PERFORMANCE REVIEW. THE COMMITTEE PERIODICALLY (NO LESS THAN EVERY THREE YEARS) EVALUATES COMPENSATION, AND OBTAINS AND REVIEWS INFORMATION ON COMPENSATION IN COMPARABLE ORGANIZATIONS (SEE SCHEDULE J, PART A). THE COMMITTEE ALSO REVIEWS AND APPROVES COMPENSATION FOR WAMC'S OTHER COMPENSATED OFFICERS. FORM 990, PART VII, SECTION A: DR. CHARTOCK, THE PRESIDENT AND CEO OF WAMC, ALSO SERVES AS A TRUSTEE. HIS COMPENSATION, HOWEVER, RELATES SOLELY TO HIS ROLE AS PRESIDENT AND CEO. NO TRUSTEES OF WAMC RECEIVE ANY COMPENSATION FOR THEIR ROLE AS AN OFFICER AND/OR TRUSTEE. FORM 990, PART VI, SECTION C, LINE 19 WAMC HAS A PUBLIC INSPECTION FILE, LOCATED AT ITS ALBANY OFFICE, WHICH CONTAINS ORGANIZATIONAL DOCUMENTS AND IRS FILINGS. WAMC MAKES AVAILABLE COPIES UPON REQUEST. WAMC'S ANNUAL FORM 990 IS ALSO AVAILABLE ONLINE AT WWW.WAMC.ORG AND WWW.GUIDESTAR.ORG FORM 990, PART IX, LINE 24E BUILDING SUPPLIES/EXPENSE: PROGRAM SERVICE EXPENSES 168. MANAGEMENT AND GENERAL EXPENSES 137,421. FUNDRAISING EXPENSES 2,014. TOTAL EXPENSES 139,603. FUND RAISING PREMIUMS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 106,750. TOTAL EXPENSES 106,750. BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 47,353. FUNDRAISING EXPENSES 58,148. TOTAL EXPENSES 105,501. PRINTING AND PUBLICATIONS: PROGRAM SERVICE EXPENSES 81,856. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,856. TELEPHONE: PROGRAM SERVICE EXPENSES 46,106. MANAGEMENT AND GENERAL EXPENSES 24,298. FUNDRAISING EXPENSES 10,475. TOTAL EXPENSES 80,879. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 57,163. MANAGEMENT AND GENERAL EXPENSES 7,385. FUNDRAISING EXPENSES 8,347. TOTAL EXPENSES 72,895. REPAIRS/MAINTENANCE: PROGRAM SERVICE EXPENSES 60,991. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,991. OTHER COSTS: PROGRAM SERVICE EXPENSES 2,504. MANAGEMENT AND GENERAL EXPENSES 10,141. FUNDRAISING EXPENSES 45,363. TOTAL EXPENSES 58,008. POSTAGE AND SHIPPING: PROGRAM SERVICE EXPENSES 3,188. MANAGEMENT AND GENERAL EXPENSES 9,124. FUNDRAISING EXPENSES 44,723. TOTAL EXPENSES 57,035.