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Klrn Endowment Fund Inc

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

EIN: 742709188 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Klrn Endowment Fund Inc?

Klrn Endowment Fund Inc is a nonprofit organization situated in San Antonio, Texas, specifically at 501 Broadway St. The primary purpose of this endowment is to provide support to Alamo Public Telecommunications Council, doing business as KLRN, a public broadcasting entity serving South Central Texas. The endowment's mission is to enable KLRN to make long-term commitments that enhance the efficiency and effectiveness of the station's operations and local productions. By contributing a percentage of its assets, the Klrn Endowment Fund Inc plays a vital role in sustaining and improving the public broadcasting entity's services in the region.


Official website here: www.klrn.org

What do the Facebook reviews say about Klrn Endowment Fund Inc?

82% of 479 reviewers on Facebook recommend the Klrn Endowment Fund Inc. Here is a summary of their reviews:

The sentiment around the nonprofit showcases a mix of appreciation for its initiatives and some criticism regarding specific actions that have stirred controversy. While many supporters express satisfaction with the services provided and acknowledge the impact of the organization, a notable faction raises concerns about its affiliations and decisions, particularly in relation to political matters.

Overall, there is a division in perception, with some supporters celebrating the work being done, while others feel disappointed and urge for a reevaluation of certain stances. The feedback suggests that while the organization has its advocates, it may need to address the criticisms to maintain broader support.


This AI summary has been generated from reviews found on Facebook.

Is Klrn Endowment Fund Inc legitimate?

Klrn Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Klrn Endowment Fund Inc 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


Official website here: www.klrn.org

What is the mission statement of Klrn Endowment Fund Inc?

The Klrn Endowment Fund Inc was established with a mission to support the objectives of Klrn, a public broadcasting entity serving South Central Texas. The endowment's primary purpose is to enable Klrn to make long-term commitments, thereby enhancing the operational efficiency and effectiveness of the station and its local productions. This support is based on a percentage of assets held by Alamo Public Telecommunications Council, doing business as Klrn. The endowment aims to provide financial stability and sustainability to Klrn, allowing it to continue its mission of providing quality educational, cultural, and informational programming to its audience.


Official website here: www.klrn.org

What is the revenue of Klrn Endowment Fund Inc?

Klrn Endowment Fund Inc's revenue in 2023 was $599,763.


Official website here: www.klrn.org

Who are the executives of Klrn Endowment Fund Inc and what are their salaries?

There 20 volunteers at Klrn Endowment Fund Inc.

Here are 16 key members and their salaries:


Patrick Lopez (Assistant Treas)
  • Compensation: $0
  • Related: $118,774
  • Other: $25,764
Cathy Obriotti Green (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Muenster (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Oliphint (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce M Mitchell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Bodine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis De La Torre (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Casey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Jacobson (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Quintanilla Cedillo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Derr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Dickson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Henrich (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Omowale Jarmon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Adena Williams Loston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence R Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.klrn.org

Where can I find the form 990 for Klrn Endowment Fund Inc?

Klrn Endowment Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.klrn.org

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

Mission Statement of Klrn Endowment Fund Inc

Klrn Endowment Fund Inc, an endowment dedicated to supporting the mission of KLRN, the public broadcasting entity serving South Central Texas, was established with a specific objective. The fund's mission is to enable KLRN to make long-term commitments necessary for improving the efficiency and effectiveness of station operations and local productions. By contributing support based on a percentage of assets held by Alamo Public Telecommunications Council, dba KLRN, this endowment plays a crucial role in ensuring the financial stability and growth of KLRN, thereby enhancing its ability to deliver high-quality educational and entertainment content to its viewers. In essence, Klrn Endowment Fund Inc serves as a financial safety net, allowing KLRN to invest in its future and provide continued value to its audience in South Central Texas.

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Impact




October, 2024

Klrn Endowment Fund Inc plays a vital role in supporting the mission of KLRN, the public broadcasting entity serving South Central Texas. By providing an endowment that contributes funding based on a percentage of assets held, this organization ensures that KLRN can make long-term commitments essential for enhancing its operational efficiency and improving local productions. The financial backing from the endowment allows KLRN to invest in quality programming, outreach initiatives, and community engagement efforts, ultimately enriching the cultural landscape of the region and serving the informational needs of the local audience. In this way, Klrn Endowment Fund Inc significantly strengthens the foundation and sustainability of KLRN’s mission in San Antonio and beyond.




This information is meant to be a general summary of Klrn Endowment Fund Inc. 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
$599,763 (2023)
Expenses
$513,629 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $294,162
  • Gross Receipts: $5,531,063

Assets and Liabilities:

  • Total Assets: $12,046,587
  • Total Liabilities: $33,267
  • Net Assets: $12,013,320

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Organization Details

Founding Year

1994

Principal Officer

Patrick Lopez

NTEE Category

Code: T50 - Philanthropy

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