IOWA BROADCASTERS ASSOCIATION FOUNDATION: Form 990EZ, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
IOWA BROADCASTERS ASSOCIATION FOUNDATION (EIN 45-4574664)
Tax period
2016-07-01 to 2017-06-30
Filed
2017-09-29
IRS object ID
201742729349200144
Schema version
2016v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2017-09-29T16:42:13-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203626340PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HAMILTON JUFFER & ASSOCIATES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1666 GRAND AVE STE 2400AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP503092506ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN454574664EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IOWA BROADCASTERS ASSOCIATIONBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlIOWABusinessNameControlTxt
Phone5152247237PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 71186AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50325ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSUE TOMAPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5052247237PhoneNum
Signature2017-10-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHOLLY LARSONPreparerPersonNm
PTINP00843258PTIN
Phone5152453737PhoneNum
Preparation2017-09-28PreparationDt

Filing Security Information FilingSecurityInformation

FieldValueIRS element (for citing)
At Submission Creation Device Id0A04A28B8823E7C626FBF8E868A66CA797861F6EAtSubmissionCreationDeviceId
At Submission Filing Device Id798BB58AA22BF5C3D247F9A2E2E87C2B4B7D9A33AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressWWW.IOWABROADCASTERS.COMWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$129,041GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$127,022ContributionsGiftsGrantsEtcAmt
Investment Income$2,019InvestmentIncomeAmt
Total Revenue$129,041TotalRevenueAmt
Grants And Similar Amounts Paid$177,974GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$10,031FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$137PrintingPublicationsPostageAmt
Other Expenses Total$17,688OtherExpensesTotalAmt
Total Expenses$205,830TotalExpensesAmt
Excess Or Deficit For Year-$76,789ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$284,347NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$3,636OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$211,194NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$290,008BOYAmt
EOY$211,194EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$290,008BOYAmt
EOY$211,194EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,661BOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$284,347BOYAmt
EOY$211,194EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE IOWA BROADCASTERS ASSOCIATION FOUNDATION WAS ESTABLISHED TO SUPPORT THE EDUCATIONAL AND CHARITABLE ACTIVITIES OF THE IOWA BROADCASTERS ASSOCIATION, DEDICATED TO PROMOTING THE FUTURE OF IOWA BROADCASTING THROUGH A COMMITMENT TO EDUCATION, PROVIDING SCHOLARSHIPS TO IOWA STUDENTS SEEKING BROADCASTING CAREERS, PROMPTING RESEARCH AND TEACHING IN THE FIELD OF BROADCASTING AND OFFERING PROFESSIONAL TRAINING AND DEVELOPMENT OPPORTUNITIES FOR IOWA BROADCASTERS THROUGH MEETINGS, SEMINARS AND WORKSHOPS, HELPING IOWA RADIO AND TELEVISION STATIONS BETTER SERVE THEIR LOCAL COMMUNITIES.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (4 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
THE FAST FORWARD ELECTRONIC MEDIA WORKSHOP IS HOSTED BY THE UNIVERSITY OF NORTHERN IOWA COMMUNICATIONS STUDIES DEPARTMENT. THE WORKSHOP IS INTENDED TO SERVE IOWA HIGH SCHOOL AND COLLEGE STUDENTS PREPARING FOR CAREERS IN BROADCASTING AND YOUNG PROFESSIONALS (1-3 YEARS) IN THE FIELD. THE GREATEST EMPHASIS IS PLACED ON THE COLLEGE STUDENTS PREPARING TO ENTER THE FIELD OF BROADCASTING. INVITATIONS ARE EXTENDED TO RADIO/TV NEWS DIRECTORS ON BEHALF OF THEIR EMPLOYEES AT IOWA BROADCASTERS ASSOCIATION MEMBER STATIONS. IN ADDITION, THE COMMUNICATIONS DEPARTMENT HEADS AT ALL IOWA HIGH SCHOOLS AND IOWA COLLEGES AND UNIVERSITIES ARE INVITED TO ENCOURAGE STUDENT PARTICIPATION AT THE EVENT.$10,000$10,000
THE ELECTRONIC MEDIA INDUSTRY LEADERSHIP PROGRAM CURRICULUM, DEVELOPED THROUGH COLLABORATION BETWEEN UNIVERSITY FACULTY AND IOWA BROADCASTERS, EMPHASIZES MEDIA TRENDS, ECONOMICS, MARKETING AND STRATEGIC PLANNING ALONG WITH A COMPREHENSIVE CORE IN ELECTRONIC MEDIA. GRADUATES WILL BE PREPARED TO PROVIDE DIRECTION TO ELECTRONIC MEDIA OF THE FUTURE. IT IS ANTICIPATED THAT 15 STUDENTS MAJORING IN THE UNI ELECTRONIC MEDIA LEADERSHIP PROGRAM WILL EACH BE ELIGIBLE TO RECEIVE A 2,500 SCHOLARSHIP FOR THE ACADEMIC YEAR FUNDED BY THE IOWA BROADCASTERS ASSOCIATION FOUNDATION.$110,000$110,000
THE IBA FOUNDATION ANNUALLY PROVIDES POST-SECONDARY SCHOLARSHIP AND GRANT AWARDS TO QUALIFYING IOWA STUDENTS STUDYING BROADCASTING AND ELECTRONIC MEDIA-RELATED FIELDS AT THE UNIVERSITY OF NORTHERN IOWA, KIRKWOOD COMMUNITY COLLEGE, IOWA WESTERN COMMUNITY COLLEGE,IOWA LAKES AND MARSHALLTOWN COMMUNITY COLLEGE. THESE ANNUAL SCHOLARSHIPS AND GRANTS ASSIST IOWA STUDENTS WITH THE PAYMENT OF THEIR TUITION AND FEES. AS THE IBA FOUNDATION'S FUNDS ALLOW, IT INTENDS TO INCREASE THE SCHOLARSHIP AND GRANT AWARDS. ALL ELECTRONIC MEDIA SCHOLARSHIPS AND GRANTS ARE IN THE NATURE OF GIFTS TO THE RECIPIENT STUDENTS, AND ARE NOT LOANS. THE IBA FOUNDATION MAKES SCHOLARSHIPS AND GRANTS PAYABLE DIRECTLY TO THE IOWA COLLEGE OR UNIVERSITY, RECOGNIZED UNDER INTERNAL REVENUE CODE 501(C)(3), TO BE APPLIED IN THE RECIPIENT'S NAME.$49,500$49,500
THE IBA FOUNDATION SUPPORTS OTHER MISCELLANEOUS PROGRAMS THROUGHOUT THE YEAR SUCH AS ROCK IN PREVENTION AND FFA AG BROADCASTING.$8,474$8,474
FieldValueIRS element (for citing)
Total Program Service Expenses$177,974TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (9 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
KEVIN SCHRADER
PRESIDENT1.00$0
GREG LIST
VICE PRESIDE1.00$0
MARY QUASS
TREASURER1.00$0
SUE TOMA
EXECUTIVE DI1.00$0
BILL SANDERS
DIRECTOR1.00$0
MARK OSMUNDSON
DIRECTOR1.00$0
RICK SELLERS
DIRECTOR1.00$0
JOHN PHELAN
DIRECTOR1.00$0
JIM COLOFF
DIRECTOR1.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSUE TOMAPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 71186AddressLine1Txt
CityDES MOINESCityNm
State AbbreviationIAStateAbbreviationCd
ZIP50325ZIPCd
FieldValueIRS element (for citing)
Phone5152247237PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$392,004CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$134,005CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$133,721CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$131,518CurrentTaxYearMinus1YearAmt
Current Tax Year$127,022CurrentTaxYearAmt
Total$918,270TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$392,004CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$134,005CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$133,721CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$131,518CurrentTaxYearMinus1YearAmt
Current Tax Year$127,022CurrentTaxYearAmt
Total$918,270TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$918,270PublicSupportTotal170Amt
Total Support$918,270TotalSupportAmt
Gross Receipts Rltd Activities$2,019GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10UNIVERSITY OF NOTHERN IOWA FOUND. DIGITAL WORKSHOP 205 COMMONS CEDAR FALLS, IA 50614 10,000 0 0 UNIVERSITY OF NORTHERN IOWA FOUND. LEADERSHIP PROGRAM 205 COMMONS CEDAR FALLS, IA 50614 110,000 0 0 UNIVERSITY OF NORTHERN IOWA SCHOLARSHIP PROGRAM 105 GILCHRIST HALL CEDAR FALLS, IA 50614 12,000 0 0 WARTBURG COLLEGE LIBRARY ARCHIVES 100 WARTBURG BLVD WAVERLY, IA 50677 20,000 0 0
FORM 990-EZ, PART I, LINE 16EXPENSES TRAVEL 385 BOARD MEETING EXPENSE 303 CONVENTION SPEAKER FEE 10,000 MEMBER TRAINING COSTS 7,000 TOTAL 17,688
FORM 990-EZ, PART I, LINE 20UNREALIZED GAIN 3,636
FORM 990-EZ, PART II, LINE 26ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,661 0
FORM 990-EZ, PART IIITHE IOWA BROADCASTERS ASSOCIATION FOUNDATION WAS ESTABLISHED TO SUPPORT THE EDUCATIONAL AND CHARITABLE ACTIVITIES OF THE IOWA BROADCASTERS ASSOCIATION, DEDICATED TO PROMOTING THE FUTURE OF IOWA BROADCASTING THROUGH A COMMITMENT TO EDUCATION, PROVIDING SCHOLARSHIPS TO IOWA STUDENTS SEEKING BROADCASTING CAREERS, PROMPTING RESEARCH AND TEACHING IN THE FIELD OF BROADCASTING AND OFFERING PROFESSIONAL TRAINING AND DEVELOPMENT OPPORTUNITIES FOR IOWA BROADCASTERS THROUGH MEETINGS, SEMINARS AND WORKSHOPS, HELPING IOWA RADIO AND TELEVISION STATIONS BETTER SERVE THEIR LOCAL COMMUNITIES.
FORM 990-EZ, PART III, LINE 28THE FAST FORWARD ELECTRONIC MEDIA WORKSHOP IS HOSTED BY THE UNIVERSITY OF NORTHERN IOWA COMMUNICATIONS STUDIES DEPARTMENT. THE WORKSHOP IS INTENDED TO SERVE IOWA HIGH SCHOOL AND COLLEGE STUDENTS PREPARING FOR CAREERS IN BROADCASTING AND YOUNG PROFESSIONALS (1-3 YEARS) IN THE FIELD. THE GREATEST EMPHASIS IS PLACED ON THE COLLEGE STUDENTS PREPARING TO ENTER THE FIELD OF BROADCASTING. INVITATIONS ARE EXTENDED TO RADIO/TV NEWS DIRECTORS ON BEHALF OF THEIR EMPLOYEES AT IOWA BROADCASTERS ASSOCIATION MEMBER STATIONS. IN ADDITION, THE COMMUNICATIONS DEPARTMENT HEADS AT ALL IOWA HIGH SCHOOLS AND IOWA COLLEGES AND UNIVERSITIES ARE INVITED TO ENCOURAGE STUDENT PARTICIPATION AT THE EVENT.
FORM 990-EZ, PART III, LINE 29THE ELECTRONIC MEDIA INDUSTRY LEADERSHIP PROGRAM CURRICULUM, DEVELOPED THROUGH COLLABORATION BETWEEN UNIVERSITY FACULTY AND IOWA BROADCASTERS, EMPHASIZES MEDIA TRENDS, ECONOMICS, MARKETING AND STRATEGIC PLANNING ALONG WITH A COMPREHENSIVE CORE IN ELECTRONIC MEDIA. GRADUATES WILL BE PREPARED TO PROVIDE DIRECTION TO ELECTRONIC MEDIA OF THE FUTURE. IT IS ANTICIPATED THAT 15 STUDENTS MAJORING IN THE UNI ELECTRONIC MEDIA LEADERSHIP PROGRAM WILL EACH BE ELIGIBLE TO RECEIVE A 2,500 SCHOLARSHIP FOR THE ACADEMIC YEAR FUNDED BY THE IOWA BROADCASTERS ASSOCIATION FOUNDATION.
FORM 990-EZ, PART III, LINE 30THE IBA FOUNDATION ANNUALLY PROVIDES POST-SECONDARY SCHOLARSHIP AND GRANT AWARDS TO QUALIFYING IOWA STUDENTS STUDYING BROADCASTING AND ELECTRONIC MEDIA-RELATED FIELDS AT THE UNIVERSITY OF NORTHERN IOWA, KIRKWOOD COMMUNITY COLLEGE, IOWA WESTERN COMMUNITY COLLEGE,IOWA LAKES AND MARSHALLTOWN COMMUNITY COLLEGE. THESE ANNUAL SCHOLARSHIPS AND GRANTS ASSIST IOWA STUDENTS WITH THE PAYMENT OF THEIR TUITION AND FEES. AS THE IBA FOUNDATION'S FUNDS ALLOW, IT INTENDS TO INCREASE THE SCHOLARSHIP AND GRANT AWARDS. ALL ELECTRONIC MEDIA SCHOLARSHIPS AND GRANTS ARE IN THE NATURE OF GIFTS TO THE RECIPIENT STUDENTS, AND ARE NOT LOANS. THE IBA FOUNDATION MAKES SCHOLARSHIPS AND GRANTS PAYABLE DIRECTLY TO THE IOWA COLLEGE OR UNIVERSITY, RECOGNIZED UNDER INTERNAL REVENUE CODE 501(C)(3), TO BE APPLIED IN THE RECIPIENT'S NAME.
FORM 990-EZ, PART III, LINE 31THE IBA FOUNDATION SUPPORTS OTHER MISCELLANEOUS PROGRAMS THROUGHOUT THE YEAR SUCH AS ROCK IN PREVENTION AND FFA AG BROADCASTING.

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