2012-10-10T16:06:09-05:00 2012-06-30 930743240 HOFFMAN STEWART & SCHMIDT PC 4900 MEADOWS ROAD STE 200 LAKE OSWEGO OR 970353295 990 2011-07-01 930846600 METROEAST COMMUNITY MEDIA METR 5036678848 829 NE 8TH STREET GRESHAM OR 970305643 ROBERT BRADING 5036678848 2012-10-10 1 ROBERT M PRILL P00236613 5032205900 2011 2016-02-24 21:20:13Z ROBERT BRADING 829 NE 8TH STREET GRESHAM OR 970305643 2435505 0 X WWW.METROEAST.ORG X 1983 OR METROEAST COMMUNITY MEDIA WAS ESTABLISHED TO PROVIDE PUBLIC ACCESS, EDUCATIONAL AND GOVERNMENTAL PROGRAMMING TO EIGHT COMMUNITY ACCESS CABLE TELEVISION CHANNELS AS REQUIRED IN THE CABLE COMMUNICATION SERVICE FRANCHISE AGREEMENT BETWEEN THE OREGON JURISDICTIONS OF MULTNOMAH COUNTY, GRESHAM, FAIRVIEW, TROUTDALE AND WOOD VILLAGE, AND COMCAST AND VERIZON CABLE COMPANIES. 6 6 21 375 0 0 18395 204155 1582404 1564621 90473 59018 19459 14303 1710731 1842097 0 0 0 0 829769 870033 0 0 0 571575 582555 1401344 1452588 309387 389509 5117782 5391458 1377201 1349462 3740581 4041996 TO FOSTER COMMUNICATION AND INCREASED CIVIC INVOLVEMENT BY PROVIDING THE KNOWLEDGE AND MEANS TO USE COMMUNICATIONS AND TECHNOLOGY IN OUR DIVERSE COMMUNITY. 0 0 1071904 1578924 METROEAST COMMUNITY MEDIA (METROEAST) MAKES MEDIA TOOLS AND TRAINING AVAILABLE TO THE PUBLIC. METROEAST TEACHES "HANDS ON" TELEVISION PRODUCTION, CRITICAL ANALYSIS OF MEDIA MESSAGES,AND EFFECTIVE COMMUNICATION TECHNIQUES. METROEAST PROVIDES THE PUBLIC WITH TECHNICAL ASSISTANCE AND ACCESS TO TELEVISION PRODUCTION EQUIPMENT FOR DEVELOPMENT OF NONCOMMERCIAL, COMMUNITY-ORIENTED PROGRAMMING FOR THE CABLE SYSTEM'S COMMUNITY ACCESS CHANNELS. METROEAST ALSO PRODUCES COMMUNITY PROGRAMMING IN PARTNERSHIP WITH AREA SCHOOLS, NONPROFIT GROUPS, AND LOCAL GOVERNMENTS. 1071904 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 21 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X X X ROBERT BRADING 5036678848 829 NE 8TH STREET GRESHAM OR 97030 ANDREA WATSON 1.00 X X 0 0 0 TRAVIS STOVALL 1.00 X X 0 0 0 JON CHESS 1.00 X 0 0 0 DOUG SWEET 1.00 X 0 0 0 BRUCE FIFE 1.00 X 0 0 0 VICTORIA ALLEY 1.00 X 0 0 0 ROBERT BRADING 40.00 X 65000 0 11197 SANDY MONTGOMERY 40.00 X 51093 0 4451 116093 0 15648 0 0 0 0 0 191955 12200 204155 PEG PROGRAMMING 515100 1542388 1542388 SERVICE INCOME 515100 22233 22233 1564621 24367 24367 628059 593363 45 34696 -45 34651 34651 MISCELLANEOUS INCOME 515100 14303 14303 14303 1842097 1578924 0 59018 132511 38426 94085 532375 435205 97170 34226 28272 5954 121674 89992 31682 49247 35514 13733 22178 22178 64339 64339 30090 24072 6018 22833 21463 1370 4529 4529 69084 55267 13817 233084 219099 13985 44376 33282 11094 RENT 27075 27075 MAINTENANCE 15508 15508 DUES & SUBSCRIPTIONS 13422 10738 2684 FOOD 12674 12674 23363 20788 2575 1452588 1071904 380684 0 551570 1024066 446443 221736 18881 18752 5082532 2021692 2978225 3060840 1034103 979230 88560 86834 5117782 5391458 78081 86214 760182 749516 538938 513732 1377201 1349462 X 3717823 3840659 22758 201337 3740581 4041996 5117782 5391458 X 389509 -88094 X X 0 1 1 X 0 X 88982 29195 210303 18395 204155 551030 1143721 1255101 1455258 1582404 1564621 7001105 1232703 1284296 1665561 1600799 1768776 7552135 50000 50000 0 50000 50000 7502135 14345 2855 20965 29627 24367 92159 14345 2855 20965 29627 24367 92159 25106 27869 25328 19459 14303 112065 1272154 1315020 1711854 1649885 1807446 7756359 0.96720 0.96400 0.01190 0.01150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1034715 -31118 25000 22178 956419 835082 226928 27295 1034715 757047 98290 20255 835082 1312269 -217083 319058 19081 757047 1.00000 0 0 210330 210330 2767797 573997 2193800 2104405 1447695 656710 3060840 EQUITY SECURITIES 708214 F FIXED INCOME SECURITIES 202516 F CERTIFICATES OF DEPOSIT 68500 F 979230 MERRILL LYNCH - LINE OF CREDIT 422940 INTEREST RATE SWAP 90792 513732 1842097 1452588 389509 -88231 137 -88094 301415 1731870 -88231 137 -88094 1819964 22178 -45 22133 1842097 1430455 45 45 1430410 22178 22178 1452588 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: BOARD DESIGNATED ENDOWMENT FUNDS ARE DESIGNED TO PROVIDE LONG-TERM SUPPORT TO THE ORGANIZATION, AND TO BE USED FOR DEBT SERVICE AND CAPITAL ACQUISITIONS AS DEEMED NECESSARY BY THE BOARD OF DIRECTORS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP 137. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF INTEREST RATE SWAP 137. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS -45. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS 45. FORM 990, PART VI, SECTION B, LINE 11 THE CEO AND COMPTROLLER REVIEW THE FORM 990 BEFORE IT IS FILED. IT IS ALSO PROVIDED ELECTRONICALLY TO THE FINANCE COMMITTEE AND BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BYLAWS OF THE CORPORATION CONTAIN A CONFLICT OF INTEREST STATEMENT. ANY POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED BY THE BOARD OF DIRECTORS FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE CEO'S COMPENSATION AND PERFORMANCE. COMPENSATION FOR THE CEO IS SUBSTANTIATED BY A WRITTEN CONTRACT, AND IS DETERMINED BY CONSIDERING INFORMATION OBTAINED FROM A VARIETY OF SOURCES, INCLUDING SALARY SURVEYS FROM OTHER CABLE ACCESS CENTERS. SALARIES FOR OTHER KEY EMPLOYEES ARE SET BY THE CEO AND APPROVED BY THE BOARD OF DIRECTORS THROUGH THE ORGANIZATIONS ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS AND ARTICLES OF INCORPORATION ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990 IS AVAILABLE ON THE WEBSITE WWW.GUIDESTAR.ORG, AND IS ALSO AVAILABLE UPON REQUEST. OTHER DOCUMENTS, SUCH AS FORM 1023 OR 1024, ARE ALSO AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -88,231. CHANGE IN VALUE OF INTEREST RATE SWAP 137. TOTAL TO FORM 990, PART XI, LINE 5: -88,094. THERE HAS BEEN NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR REGARDING THE OVERSIGHT OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS OR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT THAT AUDITS THE FINANCIAL STATEMENTS OF THE ORGANIZATION.