2015-02-13T14:27:07-06:00 2014-06-30 232620120 CONCANNON MILLER & CO PC 1525 VALLEY CENTER PARKWAY SUITE 300 BETHLEHEM PA 180172285 990 2013-07-01 231642883 LV PUBLIC TELECOMMUNICATIONS CORP WLVT-TV CHANNEL 39 LEHI 6108674677 839 SESAME ST BETHLEHEM PA 18015 TIMOTHY FALLON PRESIDENT & CEO 6108674677 2015-02-12 1 ROBERT A OSTER CPA P01055466 6104335501 2013 2016-03-07 17:11:31Z TIMOTHY FALLON 839 SESAME ST BETHLEHEM PA 18015 4704525 0 X WWW.WLVT.ORG X 1963 PA WE EDUCATE, INSPIRE, AND ENTERTAIN, WHILE STIMULATING AND DISSEMINATING THE EXCHANGE OF IDEAS 19 19 47 100 116472 0 3287661 3462817 890024 960608 5 2 310572 242022 4488262 4665449 0 0 0 0 1638667 1678349 0 0 1536651 3624057 4101317 5262724 5779666 -774462 -1114217 4811544 3998228 1564089 1860494 3247455 2137734 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 3483612 1067422 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. 3483612 1 1 0 0 0 0 0 0 0 1 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 1 0 0 1 32 0 1 47 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 19 19 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 CHAIR/DIRECTOR 2.00 X X 0 0 0 CHARLES STINNER VICE CHAIR/CHAIR 2.00 X X 0 0 0 DAVID WILLARD SECRETARY/VICE CHAIR 1.00 X X 0 0 0 GERRY NAU TREASURER/DIRECTOR 1.00 X X 0 0 0 DR F JAVIER CEVALLOS DIRECTOR 1.00 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 2.00 X 0 0 0 JAN HELLER DIRECTOR 1.00 X 0 0 0 DALE A KOCHARD DIRECTOR 2.00 X 0 0 0 ATTORNEY JOSEPH F LEESON JR DIRECTOR 1.00 X 0 0 0 JOHN LONGENDERFER DIRECTOR 1.00 X 0 0 0 LUCINDALEA MCCARTHY DIRECTOR 1.00 X 0 0 0 DOUGLAS S NIETHOLD DIRECTOR 1.00 X 0 0 0 DR DONALD SNYDER DIRECTOR 1.00 X 0 0 0 STEVEN THOMPSON DIRECTOR/SECRETARY 1.00 X X 0 0 0 JOSEPH TOPPER JR DIRECTOR 1.00 X 0 0 0 GARY OLSON DIRECTOR 1.00 X 0 0 0 DR THOMAS WHALEN DIRECTOR 1.00 X 0 0 0 TIMOTHY FALLON PRESIDENT/CEO 1.00 40.00 X 0 142402 13535 CRISLYN SHEELER CFO (UNTIL APRIL 2014) 1.00 40.00 X 0 119147 15200 LAURA WARREN CFO (AS OF APRIL 2014) 1.00 40.00 X 0 0 0 0 261549 28735 0 0 1 0 0 940589 2522228 104508 3462817 PROGRAM UNDERWRITING 517000 803710 803710 INSTRUCTIONAL PROGRAMS 517000 156898 156898 960608 2 2 57812 39076 18736 18736 2672 0 2672 2672 SATELLITE UPLINK AND P 900099 113800 113800 MISCELLANEOUS 900099 106814 106814 220614 4665449 1067422 116472 18738 X 1341922 608881 39772 693269 16256 16256 188239 96183 1384 90672 131932 60746 4442 66744 22240 5794 16258 188 26455 26455 492897 356308 58440 78149 4214 4214 33838 527 30599 2712 26379 2297 12903 11179 7944 175 7749 20 34849 34849 428000 248000 180000 1159197 1102937 56260 51755 33935 12970 4850 PROGRAM PRODUCTION COST 689084 689084 MEMBER PREMIUMS 358070 358070 UTILITIES 231375 104038 118982 8355 MISCELLANEOUS 163702 66067 96383 1252 371318 108640 45701 216977 5779666 3483612 759403 1536651 185333 269347 2470 2917 0 25000 169678 225737 27432 32724 196588 218801 7861592 4724741 4131185 3136851 98858 86851 4811544 3998228 293057 281875 63593 64840 212086 109874 995353 1403905 1564089 1860494 X 3103724 2037935 77879 29451 65852 70348 3247455 2137734 4811544 3998228 -1114217 4496 0 X X 0 1 X 1 0 X 3848446 8416371 3477389 3287661 3503475 22533342 3848446 8416371 3477389 3287661 3503475 22533342 47376 22485966 119112 3741 2956 5 2 125816 21385 5765 15023 57653 116472 216298 22971 46823 51199 152932 106814 380739 23256195 5201320 0.96690 0.96890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 143731 29451 4496 77879 99799 164351 79380 100000 143731 461453 297102 164351 177527 283926 461453 406537 59237 288247 177527 0.70000 0.30000 0 0 35895 5347 30548 7390383 4553489 2836894 435314 165905 269409 3136851 NOTE PAYABLE - RELATED PARTY 703905 LINE OF CREDIT 700000 1403905 X 4911927 4496 202906 39076 246478 4665449 0 4665449 6021648 202906 39076 241982 5779666 0 5779666 PART V, LINE 4: THE ORGANIZATION'S PERMANENT ENDOWMENTS ARE TO BE HELD IN PERPETUITY, THE INCOME OF WHICH IS TO BE USED FOR UNRESTRICTED PURPOSES. THE ORGANIZATION'S TERM ENDOWMENTS ARE ASSETS WHOSE USE BY WLVT IS LIMITED BY DONOR-IMPOSED STIPULATIONS THAT EITHER EXPIRE BY PASSAGE OF TIME OR THAT CAN BE FULFILLED OR REMOVED BY ACTIONS OF WLVT PURSUANT TO THOSE STIPULATIONS. PART X, LINE 2: NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS SINCE WLVT AND THE FOUNDATION ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. WLVT RE IS EXEMPT UNDER SECTION 501(C)(2) 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 CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF JUNE 30, 2014 AND 2013, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX YEARS 2010 AND FORWARD REMAIN OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 39,076. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 39,076. BREWFEST 49023 49023 5750 30548 CAPTURE BOOK 8243 8243 2377 1 546 546 401 57812 57812 5750 33326 39076 18736 0 0 0 0 0 0 0 0 0 TIMOTHY FALLON PRESIDENT/CEO 0 142402 0 0 0 0 0 0 0 13535 0 155937 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 SUPPLIES 5 47930 FMV X EVENT TICKETS 5 39760 FMV X EQUIPMENT/IMP 1 14318 FMV X FOOD & BEVERA 1 2500 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 IX, LINE 24E REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 33,939. MANAGEMENT AND GENERAL EXPENSES 14,771. FUNDRAISING EXPENSES 22,212. TOTAL EXPENSES 70,922. GENERAL FUNDRAISING/SPECIAL EVENTS: PROGRAM SERVICE EXPENSES 12,380. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 53,065. TOTAL EXPENSES 65,445. PROGRAM AQUISITION: PROGRAM SERVICE EXPENSES 56,052. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,052. PRINTING: PROGRAM SERVICE EXPENSES 225. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 53,129. TOTAL EXPENSES 53,354. POSTAGE/SHIPPING: PROGRAM SERVICE EXPENSES 2,857. MANAGEMENT AND GENERAL EXPENSES 5,049. FUNDRAISING EXPENSES 45,094. TOTAL EXPENSES 53,000. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 971. FUNDRAISING EXPENSES 41,903. TOTAL EXPENSES 42,874. DUES/SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 3,187. MANAGEMENT AND GENERAL EXPENSES 16,039. FUNDRAISING EXPENSES 1,574. TOTAL EXPENSES 20,800. BAD DEBT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,871. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,871. 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 115000 WLVT RE INC K 248000 PBS 39 FOUNDATION CORPORATION M 180000