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Illinois Valley Public Telecommunications Corporation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237041401 ✦ Peoria, IL ✦ Designated as a 501(c)(3)

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Overview

What is Illinois Valley Public Telecommunications Corporation?

Illinois Valley Public Telecommunications Corporation, established in Peoria, Illinois, is a nonprofit organization dedicated to serving its community. Their primary mission revolves around providing non-commercial public television, offering a platform for educational, informative, and entertainment content free of charge. With a team of 39 dedicated individuals, they strive to enrich the lives of local residents by broadcasting programs that cater to a wide array of interests. Their headquarters is located at 101 State Street, Peoria.


Official website here: www.wtvp.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% - Three-Star out of Four Star Rating

Illinois Valley Public Telecommunications Corporation has earned an 80% rating on Charity Navigator, reflecting a solid level of accountability and financial management. The organization boasts a high percentage of independent board members, which is a positive indicator of governance, and has received full marks for its audit and oversight practices. Transparency measures, such as a whistleblower policy and proper documentation of board meeting minutes, further enhance its credibility.

However, despite these strengths, the organization faces challenges in its program expenses, which are on the lower end compared to expectations. This could suggest that a larger portion of its budget is directed towards administrative costs rather than direct program services. Additionally, while its fundraising efficiency is commendable, there is still room for improvement in maximizing program expenditures to better serve its mission.

Overall, Illinois Valley Public Telecommunications Corporation demonstrates a commitment to good governance and financial responsibility, but may need to focus on increasing its program spending to enhance its impact in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Illinois Valley Public Telecommunications Corporation legitimate?

Illinois Valley Public Telecommunications Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Valley Public Telecommunications Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $178,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,319,319

For more financial information, click here


Official website here: www.wtvp.org

What is the mission statement of Illinois Valley Public Telecommunications Corporation?

The Illinois Valley Public Telecommunications Corporation's mission is centered around providing non-commercial public television services. This organization's primary objective is to serve the community, offering programming that does not have a commercial focus. The corporation operates with a tax-exempt purpose, keeping in mind the goal of providing public television to its audience. By doing so, it contributes to the dissemination of information and entertainment without the influence of commercial interests.


Official website here: www.wtvp.org

Who is the CEO of Illinois Valley Public Telecommunications Corporation?

Lesley Matuszak is the Chairman Of The Board of Illinois Valley Public Telecommunications Corporation. The CEO's salary of Illinois Valley Public Telecommunications Corporation is $176,084 and their total compensation is $202,084.


Official website here: www.wtvp.org

What is the revenue of Illinois Valley Public Telecommunications Corporation?

Illinois Valley Public Telecommunications Corporation's revenue in 2022 was $4,418,396.


Official website here: www.wtvp.org

Who are the executives of Illinois Valley Public Telecommunications Corporation and what are their salaries?

The average compensation at Illinois Valley Public Telecommunications Corporation during 2022 was $38,406. There are 39 employees and 61 volunteers at Illinois Valley Public Telecommunications Corporation.


Here are 19 key members and their salaries (Illinois Valley Public Telecommunications Corporation's CEO's salary is $176,084 and their total compensation is $202,084):


Andrew Rand (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesley Matuszak (President And Ceo)
  • Compensation: $176,084
  • Related: $0
  • Other: $26,000
Sid Ruckriegel (Vice Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Barrick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Crowley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Armstrong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Polly Barton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Cannon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Chambers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Day (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Dinh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Ford (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Hendrickson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Herbstreith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Moriarity (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Shipley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Snyder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Spain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wtvp.org

Where can I find the form 990 for Illinois Valley Public Telecommunications Corporation?

Illinois Valley Public Telecommunications Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wtvp.org

Learn more at the official website: www.wtvp.org

Mission Statement of Illinois Valley Public Telecommunications Corporation

Illinois Valley Public Telecommunications Corporation, a non-profit entity, is dedicated to serving the Peoria community by providing non-commercial public television. The organization's mission is centered around broadcasting educational, informative, and enlightening content that caters to the diverse interests and needs of the community. By offering this service, Illinois Valley Public Telecommunications Corporation aims to foster a sense of unity and shared experiences within the community, promoting open dialogue and mutual understanding. The corporation's tax-exempt purpose aligns with this mission, with a focus on providing high-quality, non-commercial television programming to enrich and engage the community.

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Impact




October, 2024

Illinois Valley Public Telecommunications Corporation plays a crucial role in the Peoria community by delivering non-commercial public television. It enriches the local cultural landscape by providing diverse programming that reflects the interests and needs of the community. Through educational content, arts programming, and community-focused initiatives, the organization fosters informed citizenry and nurtures a shared sense of identity among residents. By prioritizing local stories and voices, it encourages engagement in the arts and cultivates a deeper appreciation for the cultural dynamics within the region. This commitment to public television not only enhances access to important information but also strengthens community connections across Peoria.




This information is meant to be a general summary of Illinois Valley Public Telecommunications Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,418,396 (2022)
Expenses
$4,826,318 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,722
  • Program Service Revenue: $99,551
  • Gross Receipts: $4,418,396

Assets and Liabilities:

  • Total Assets: $8,351,738
  • Total Liabilities: $1,253,575
  • Net Assets: $7,098,163

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PRODUCTION INCOME

Revenue

$99,551

Organization Details

Founding Year

1969

Principal Officer

Lesley Matuszak

Main Address

101 STATE STREET, PEORIA, IL, 61602

NTEE Category

Code: A320 - Arts

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