2017-03-15T14:44:36-05:00 2016-06-30 232620120 CONCANNON MILLER & CO PC 1525 VALLEY CENTER PARKWAY STE 300 BETHLEHEM PA 180172285 990 2015-07-01 231642883 LV PUBLIC TELECOMMUNICATIONS CORP WLVT-TV CHANNEL 39 LEHI 6108674677 839 SESAME ST BETHLEHEM PA 18015 TIMOTHY FALLON PRESIDENT & CEO 6108674677 2017-03-02 1 ANDREA L BRADY CPA P01798915 6104335501 2015 2021-01-29 14:40:06Z TIMOTHY FALLON 839 SESAME ST BETHLEHEM PA 18015 4871758 0 X WWW.WLVT.ORG X 1963 PA WE EDUCATE, INSPIRE, AND ENTERTAIN, WHILE STIMULATING AND DISSEMINATING THE EXCHANGE OF IDEAS 20 20 44 50 164863 36522 3919323 3629384 897175 977462 7 1 221366 238941 5037871 4845788 0 0 0 0 1877563 2085640 0 0 1224740 3995891 3949832 5873454 6035472 -835583 -1189684 2792499 1639177 1490348 1526710 1302151 112467 X "TO EDUCATE, INSPIRE, INFORM, ENTERTAIN AND STIMULATE THE EXCHANGE OF IDEAS FOR THE ENRICHMENT OF THE PUBLIC" BEGINS WITH THE BROADCAST OF PBS PROGRAMS THAT HIGHLIGHT ISSUES OF NATIONAL IMPORTANCE, CONTINUES WITH THE PRODUCTION OF OUR EMMY AWARD WINNING LOCAL PROGRAMS THAT EXPLORE THE CRITICAL CONCERNS OF OUR REGION AS WELL AS OFFER POSSIBLE SOLUTIONS, AND FURTHER TOUCHES OUR COMMUNITY THROUGH OUR EDUCATIONAL OUTREACH PROGRAMS; WITH A FOCUS ON IMPROVING READING, LITERACY AND INTERNET SAFETY. THIS MULTI-FACETED APPROACH ALLOWS THE COMMUNITY TO BECOME ACTIVE AND EMPOWERED CITIZENS EQUIPPED WITH THE KNOWLEDGE NECESSARY TO IMPROVE THEIR QUALITY OF LIFE. 0 0 3675918 1033161 WLVT OPERATES A PUBLIC TELEVISION STATION SERVING A FOUR COUNTY AREA WITH OVER 12,000 MEMBERS. PBS39 PROVIDES TO THE COMMUNITY:- THE BROADCAST OF NON-COMMERCIAL TELEVISION PROGRAMS INTO 2.6 MILLION HOUSEHOLDS WITHIN EASTERN PENNSYLVANIA AND WESTERN NEW JERSEY WITH 5.2 MILLION VIEWERS. - EARLY CHILDHOOD EDUATION FOR THOUSANDS OF PRESCHOOLERS AND THEIR PARENTS EACH YEAR AS WELL AS EDUCATIONAL CLASSROOM SERVICES, INCLUDING WEB-BASED ARCHIVES OF THOUSANDS OF EDUCATIONAL MATERIALS TO DEVELOP CURRICULUM THAT IMPACTS STUDENTS AND TEACHERS ON A DAILY BASIS. - AWARD-WINNING LOCAL DOCUMENTARY AND PUBLIC AFFAIRS PROGRAMS. 3675918 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 1 1 0 0 0 1 0 0 44 0 1 1 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X TIMOTHY FALLON PRESIDENT & CEO 6108674677 839 SESAME STREET BETHLEHEM PA 18015 JAMIE MUSSELMAN DIRECTOR 1.00 X 0 0 0 CHARLES STINNER DIRECTOR 1.00 X 0 0 0 DAVID WILLARD CHAIR 2.00 X X 0 0 0 JOHN EUREYECKO DIRECTOR 2.00 X 0 0 0 MINGA C FERENCIN DIRECTOR 1.00 X 0 0 0 PHILIP J FROMUTH DIRECTOR 1.00 X 0 0 0 REV DANIEL G GAMBET DIRECTOR 1.00 X 0 0 0 JAN HELLER DIRECTOR 1.00 X 0 0 0 DALE A KOCHARD DIRECTOR 1.00 X 0 0 0 ATTORNEY JOSEPH F LEESON JR DIRECTOR 1.00 X 0 0 0 JOHN LONGENDERFER VICE CHAIR 1.00 X X 0 0 0 LUCINDALEA MCCARTHY DIRECTOR 1.00 X 0 0 0 DR DONALD SNYDER DIRECTOR 1.00 X 0 0 0 STEVEN THOMPSON TREASURER 1.00 X X 0 0 0 JOSEPH TOPPER JR DIRECTOR 1.00 X 0 0 0 GARY OLSON SECRETARY 1.00 X X 0 0 0 DR THOMAS WHALEN DIRECTOR 1.00 X 0 0 0 SUSAN YEE DIRECTOR 1.00 X 0 0 0 GREGORY PAUL DIRECTOR 1.00 X 0 0 0 MARK JULIANO DIRECTOR 1.00 X 0 0 0 TIMOTHY FALLON PRESIDENT/CEO 1.00 40.00 X 0 140671 0 DAVID GUERRERO COO 40.00 X 141164 0 18300 141164 140671 18300 2 0 1 0 0 942693 2686691 136004 3629384 PROGRAM UNDERWRITING 517000 834658 834658 INSTRUCTIONAL PROGRAMS 517000 142804 142804 977462 1 1 44349 25970 18379 18379 4177 0 4177 4177 SATELLITE UPLINK AND P 900099 123000 123000 MISCELLANEOUS 900099 55699 55699 RENTAL INCOME 531190 37686 37686 216385 4845788 1033161 164863 18380 1612628 961491 138385 512752 21229 21229 302357 163583 61390 77384 149426 72543 36626 40257 63768 63768 60925 60925 506310 276616 97851 131843 11089 10795 499 -205 17919 5617 9131 3171 66119 21903 19891 24325 23188 7555 10761 4872 25190 25190 428000 248000 180000 991230 918265 72965 75169 70189 4980 PROGRAM PRODUCTION COST 669552 669552 MEMBER PREMIUMS 214127 214127 UTILITIES 211554 98153 110945 2456 MISCELLANEOUS 121964 64241 57723 463728 157604 97346 208778 6035472 3675918 1134814 1224740 220996 51451 2818 2570 50000 25000 131701 181157 29067 25463 192305 119217 7990940 6817892 2098966 1173048 66646 61271 2792499 1639177 308314 226573 146427 69205 1035607 1230932 1490348 1526710 X 1185505 -19520 50000 67956 66646 64031 1302151 112467 2792499 1639177 -1189684 0 X X 0 0 0 X 3477389 3287661 3503475 3973776 3673733 17916034 3477389 3287661 3503475 3973776 3673733 17916034 17916034 2956 5 2 7 1 2971 15023 57653 116472 170366 164863 524377 51199 152932 106814 29974 57914 398833 18842215 4956953 0.95080 0.96760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 44165 10838 33327 7469327 6513085 956242 477448 293969 183479 1173048 NOTE PAYABLE - RELATED PARTY 480932 LINE OF CREDIT 750000 1230932 X 5086983 215225 25970 241195 4845788 0 4845788 6276667 215225 25970 241195 6035472 0 6035472 PART X, LINE 2: NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS SINCE WLVT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. HOWEVER, INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE, IF ANY, WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION COMPLIES WITH GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF JUNE 30, 2016 AND 2015, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX YEARS 2012 AND FORWARD REMAIN OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 25,970. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 25,970. BREWFEST 44349 44349 5750 20220 44349 44349 5750 20220 25970 18379 0 0 0 0 0 0 0 0 0 DAVID GUERRERO COO 141164 0 0 0 0 0 3197 0 15103 0 159464 0 0 0 PART I, LINE 3 THE RELATED ORGANIZATION, THE PBS 39 FOUNDATION CORPORATION, DETERMINES COMPENSATION OF THE TOP EXECUTIVE THROUGH COMPARABILITY DATA, SUBSTANTIATION AND DELIBERATION AND A REVIEW OF THE COMPENSATION BY INDEPENDENT PERSONS. X EVENT TICKETS/MEMBERSHIP 5 70289 FMV X TRANSPORTATION 2 27912 FMV X SUPPLIES 6 22693 FMV X FOOD & BEVERAGE 3 15110 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S 990 WILL BE REVIEWED PRIOR TO FILING BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S PRESIDENT AND CEO MONITORS FOR CONFLICT OF INTEREST AND REQUIRES ALL BOARD MEMBERS TO COMPLETE A CONFLICT OF INTEREST WAIVER ANNUALLY. FURTHER, THE BOARD MONITORS EACH OTHER FOR POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DETERMINES OFFICER COMPENSATION THROUGH COMPARABILITY DATA, SUBSTANTIATION AND DELIBERATION AND A REVIEW OF THE COMPENSATION BY INDEPENDENT PERSONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES AVAILABLE COPIES OF IRS FORM 990 UPON REQUEST. THE ORGANIZATION FILED ITS FORM 1023 BEFORE JULY 1987 AND IS EXEMPT FROM THE IRS REQUIREMENT OF SUPPLYING OR SHOWING ITS FORM 1023 TO ANYONE REQUESTING THIS DOCUMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES AVAILABLE TO THE PUBLIC ALL OF THE GOVERNING DOCUMENTS SUCH AS THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST AT THE ORGANIZATION'S CORPORATE OFFICE. FORM 990 PART XI LINE 2C THE ORGANIZATION'S BOARD OF DIRECTORS SELECTS THE INDEPENDENT AUDITOR AND THE COMPENSATION OF THE AUDITOR. WLVT RE INC 839 SESAME STREET BETHLEHEM PA 18015 274185043 TO HOLD TITLE TO PROPERTY FOR LV PUBLIC TELECOMMUNICATIONS CORPORATION PA 501(C)(2) LV PUBLIC TELECOMMUNICATIONS CORPORATION 1 PBS 39 FOUNDATION CORPORATION 839 SESAME STREET BETHLEHEM PA 18015 271822770 TO SUPPORT LV PUBLIC TELECOMMUNICATIONS CORPORATION PA 501(C)(3) 509(A)(3), TYPE I 0 0 0 1 1 0 0 0 0 0 0 1 0 1 1 1 0 0 1 1 PBS 39 FOUNDATION CORPORATION C 400000 WLVT RE INC K 248000 PBS 39 FOUNDATION CORPORATION M 180000