Kachemak Bay Broadcasting Inc

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

EIN: 920060366 ✦ Homer, AK ✦ Designated as a 501(c)(3)

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Overview

What is Kachemak Bay Broadcasting Inc?

Kachemak Bay Broadcasting Inc is a nonprofit organization that serves as a public radio station, specifically focusing on Homer, Alaska. Their main activities involve managing and funding the operational expenses of kbbi, their primary radio station. The organization's mission is centered around providing a platform for public radio programming, ensuring the continuity of informative and engaging content for the community. While the information provided does not detail any global reach or specific initiatives, Kachemak Bay Broadcasting Inc remains committed to enriching the lives of its local audience through public radio.


Official website here: www.kbbi.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)

Kachemak Bay Broadcasting Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored 84% overall, with its evaluation primarily focused on financial practices. The nonprofit exhibits strong governance with a fully independent board, as evidenced by scoring 100% for majority independent board members and a well-structured audit and oversight committee.

Strengths highlighted in the evaluation include comprehensive policies for conflict of interest, whistleblower protections, and document retention, all of which received full scores. Additionally, Kachemak Bay Broadcasting demonstrates a healthy liabilities-to-assets ratio of 9.75%, showcasing financial stability in this regard.

However, the program expense ratio of 57.33% suggests that there may be room for improvement in the percentage of spending directly directed towards program activities compared to administrative costs. This aspect could impact the organization's effectiveness in delivering its mission. Overall, while the organization shows commendable accountability and governance practices, enhancing its program expenditure could further strengthen its impact.


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

What do the Facebook reviews say about Kachemak Bay Broadcasting Inc?

88% of reviewers recommend Kachemak Bay Broadcasting Inc. Here is a summary of their reviews:

Many users appreciate the quality of local news provided by KBBI, highlighting the well-written articles and timely updates that often surpass the local paper's offerings. Praise for the staff and contributors reflects a strong sense of community support and engagement with the content.

Overall, the positive sentiment indicates that Kachemak Bay Broadcasting Inc. effectively delivers valuable news and information to its audience, making it a reliable source for the local community.


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

Is Kachemak Bay Broadcasting Inc legitimate?

Kachemak Bay Broadcasting Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kachemak Bay Broadcasting 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: $62,618
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,518

For more financial information, click here


Official website here: www.kbbi.org

What is the mission statement of Kachemak Bay Broadcasting Inc?

Kachemak Bay Broadcasting Inc serves as a public radio station, dedicating its resources to the production and maintenance of radio programming. Its primary mission involves providing content through kbbi in Homer, Alaska, covering both operational and programming expenses. The organization's role is to deliver radio services to the community, contributing to the dissemination of information and entertainment. Despite not having specific details about its goals or objectives beyond being a public radio station, Kachemak Bay Broadcasting Inc's mission can be inferred as promoting communication and community engagement through radio programming.


Official website here: www.kbbi.org

Who is the CEO of Kachemak Bay Broadcasting Inc?

Josh Krohn is the General Manager of Kachemak Bay Broadcasting Inc.


Official website here: www.kbbi.org

What is the revenue of Kachemak Bay Broadcasting Inc?

Kachemak Bay Broadcasting Inc's revenue in 2023 was $554,404.


Official website here: www.kbbi.org

Who are the executives of Kachemak Bay Broadcasting Inc and what are their salaries?

The average compensation at Kachemak Bay Broadcasting Inc during 2023 was $20,596. There are 17 employees and 80 volunteers at Kachemak Bay Broadcasting Inc.


Here are 8 key members and their salaries:


Josh Krohn (General Manager)
  • Compensation: $61,687
  • Related: $0
  • Other: $0
Robert Purcell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Aderhold (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Anderson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacques Longpre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mel Strydom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Cushing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kbbi.org

Where can I find the form 990 for Kachemak Bay Broadcasting Inc?

Kachemak Bay Broadcasting Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.kbbi.org

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

Mission Statement of Kachemak Bay Broadcasting Inc

Kachemak Bay Broadcasting Inc, as a nonprofit organization, is dedicated to the operation of a public radio station. This mission involves managing costs associated with programming and technical operations, specifically for the station kbbi located in Homer, Alaska. In essence, the organization serves as a platform for broadcasting a variety of radio programs, while ensuring the necessary technical support is maintained to deliver these services effectively.

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Impact




July, 2024

Kachemak Bay Broadcasting Inc, operating as a public radio station in Homer, Alaska, has a significant impact on the community through its programming and technical operations. By providing a platform for arts and cultural content, Kachemak Bay Broadcasting enriches the lives of its listeners and promotes a vibrant arts scene in the region. Additionally, the station plays a crucial role in keeping the community informed and connected, fostering a sense of community engagement and civic participation. Overall, Kachemak Bay Broadcasting's presence contributes to the cultural and social fabric of Homer, Alaska.




This information is meant to be a general summary of Kachemak Bay Broadcasting 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
$554,404 (2023)
Expenses
$669,379 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $4,019
  • Program Service Revenue: $72,642
  • Gross Receipts: $567,180

Assets and Liabilities:

  • Total Assets: $1,087,890
  • Total Liabilities: $106,106
  • Net Assets: $981,784

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Programs

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

BROADCASTING INCOME

Revenue

$11,850

LMA-KDLL MANAGEMENT

Revenue

$60,792

Organization Details

Founding Year

1977

Principal Officer

Josh Krohn

Main Address

3913 KACHEMAK WAY, HOMER, AK, 99603

NTEE Category

Code: A34 - Arts

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