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Public Radio Satellite Interconnection System Charitable Trust

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

EIN: 521707074 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Public Radio Satellite Interconnection System Charitable Trust?

The Public Radio Satellite Interconnection System Charitable Trust is a nonprofit organization located in Washington, D.C. Its primary activity involves receiving in-kind support from National Public Radio (NPR) in the form of satellite transponder lease payments. This trust manages the lease, using it to support NPR's operations. In return, the trust receives annual funding from NPR to maintain and repair the satellite interconnection system. Essentially, the Public Radio Satellite Interconnection System Charitable Trust supplies necessary equipment for the National Public Radio system.

Is Public Radio Satellite Interconnection System Charitable Trust legitimate?

Public Radio Satellite Interconnection System Charitable Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Radio Satellite Interconnection System Charitable Trust 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Public Radio Satellite Interconnection System Charitable Trust?

The Public Radio Satellite Interconnection System Charitable Trust's mission is centered around providing essential equipment for the National Public Radio System. In essence, the trust serves as a facilitator, receiving in-kind support in the form of satellite transponder lease payments from National Public Radio (NPR). These payments are made on the trust's behalf, and the satellite lease is then assigned to the trust, which leases it back to NPR. Additionally, the trust provides annual funding to NPR for the repair and maintenance of the satellite interconnection system. This support enables the smooth operation of the National Public Radio System, ensuring the dissemination of radio programs across various regions.

Who is the CEO of Public Radio Satellite Interconnection System Charitable Trust?

Peter Loewenstein is the Trustee of Public Radio Satellite Interconnection System Charitable Trust.

What is the revenue of Public Radio Satellite Interconnection System Charitable Trust?

Public Radio Satellite Interconnection System Charitable Trust's revenue in 2022 was $350,497.

Who are the executives of Public Radio Satellite Interconnection System Charitable Trust and what are their salaries?

There 3 volunteers at Public Radio Satellite Interconnection System Charitable Trust.


Here are 3 key members and their salaries:


Peter Loewenstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Maeda (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marita Rivero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Public Radio Satellite Interconnection System Charitable Trust?

Public Radio Satellite Interconnection System Charitable Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Public Radio Satellite Interconnection System Charitable Trust

The Public Radio Satellite Interconnection System Charitable Trust is dedicated to supporting the National Public Radio (NPR) system by providing essential equipment. This trust receives in-kind support from NPR in the form of satellite transponder lease payments, which are paid by NPR on the trust's behalf. The satellite lease is then assigned to the trust and leased back to NPR. Furthermore, the trust offers annual funding to NPR for the repair and maintenance of the satellite interconnection system. In essence, the Public Radio Satellite Interconnection System Charitable Trust plays a crucial role in ensuring the smooth functioning of the National Public Radio system by providing necessary equipment and supporting its maintenance.

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Impact




October, 2024

The Public Radio Satellite Interconnection System Charitable Trust plays a crucial role in sustaining and enhancing the infrastructure of the National Public Radio (NPR) system. By providing essential equipment and financial support, the Trust ensures that NPR can effectively deliver high-quality audio programming to audiences across the country.

Through its receipt of in-kind support in the form of satellite transponder lease payments from NPR, the Trust optimizes the satellite interconnection system. This system is vital for enabling various radio stations to broadcast NPR's programming seamlessly. Additionally, the Trust's annual funding for repairs and maintenance ensures that the satellite infrastructure remains reliable and efficient.

Overall, the Trust's impact is significant in helping NPR to maintain its status as a leading provider of public radio, facilitating access to diverse and enriching content for communities everywhere.




This information is meant to be a general summary of Public Radio Satellite Interconnection System Charitable Trust. 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
$350,497 (2022)
Expenses
$419,570 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $350,497
  • Gross Receipts: $2,172,655

Assets and Liabilities:

  • Total Assets: $7,494,310
  • Total Liabilities: $0
  • Net Assets: $7,494,310

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Organization Details

Founding Year

1990

Principal Officer

Peter Loewenstein

Main Address

1800 M STREET NW, WASHINGTON, DC, 20036

NTEE Category

Code: A113 - Arts

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