NEW YORK STATE BROADCASTERS ASSOCIATION INC

EIN: 141541060

ALBANY, NY

Total Revenue
$2,170,623
Total Expenses
$2,376,884
Total Assets
$11,133,611
Net Assets
$10,781,645
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
NY
Principal Officer
DAVID L DONOVAN
Phone
5184568888
Tax Period
2024-01-01 to 2024-12-31

NEW YORK STATE BROADCASTERS ASSOCIATION INC, founded in 1955, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Net assets of $10.8M represent 60 months of operating reserves.

Mission

TRADE ASSOCIATION TO PROVIDE AID AND SUPPORT TO TELEVISION AND RADIO STATIONS IN NEW YORK STATE SO THAT THEY MAY BETTER SERVE THEIR COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,492,830
Investment Income $-322,207
Other Revenue $0
TOTAL REVENUE $2,170,623

Expense Breakdown

Grants Paid $0
Salaries & Benefits $870,945
Fundraising Expenses $0
Program Expenses $1,764,882
Other Expenses $1,505,939
TOTAL EXPENSES $2,376,884

Year-over-Year Comparison

2024 2023 Change
Revenue $2,170,623 $2,840,633 -0.2%
Expenses $2,376,884 $2,573,061 -0.1%
Net Income $-206,261 $267,572 -1.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
28
Employees
4
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$554,045
Total Directors
29
$554,045
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID DONOVAN PRESIDENT 40.00
Officer Director
$512,199 $41,846 $554,045
CHRIS MUSIAL VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
KATELIN TINLEY CHAIR 0.00
Director
$0 $0 $0
ROBERT KRUMMENACKER TREASURER 0.00
Officer Director
$0 $0 $0
CHUCK SAMUELS SECRETARY 0.00
Director
$0 $0 $0
ROBERTO YANEZ DIRECTOR 0.00
Officer Director
$0 $0 $0
CHAD LOPEZ DIRECTOR 0.00
Director
$0 $0 $0
JOHNNY GREEN DIRECTOR 0.00
Director
$0 $0 $0
CHRIS OLIVIERO DIRECTOR 0.00
Officer Director
$0 $0 $0
THERESA UNDERWOOD DIRECTOR 0.00
Officer Director
$0 $0 $0
ED LEVINE DIRECTOR 0.00
Director
$0 $0 $0
KRISTIN CANTRELL DIRECTOR 0.00
Director
$0 $0 $0
VINNY DIMARCO DIRECTOR 0.00
Director
$0 $0 $0
ALAN BISHOP DIRECTOR 0.00
Officer Director
$0 $0 $0
ERIC LERNER DIRECTOR 0.00
Director
$0 $0 $0
JASON FINKELBERG DIRECTOR 0.00
Director
$0 $0 $0
DAVID FEINBLATT DIRECTOR 0.00
Director
$0 $0 $0
LEW LEONE DIRECTOR 0.00
Director
$0 $0 $0
MARILU GALVEZ DIRECTOR 0.00
Director
$0 $0 $0
MAIRE MASON DIRECTOR 0.00
Director
$0 $0 $0
JOHN HITCHCOCK DIRECTOR 0.00
Director
$0 $0 $0
NORM SILVERSTEIN DIRECTOR 0.00
Director
$0 $0 $0
LEANNE MARKINS DIRECTOR 0.00
Director
$0 $0 $0
KUDJO SOGADZI DIRECTOR 0.00
Director
$0 $0 $0
CHRIS MCDONNELL DIRECTOR 0.00
Director
$0 $0 $0
ROBERT MORGAN DIRECTOR 0.00
Director
$0 $0 $0
CHET OSADCHEY DIRECTOR 0.00
Director
$0 $0 $0
BERNIE WEISS DIRECTOR 0.00
Director
$0 $0 $0
AMY COLLINS DIRECTOR 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,170,623 $2,376,884 $11,133,611 $-206,261
2023 $2,840,633 $2,573,061 $10,352,064 $267,572
2022 $2,559,698 $2,834,966 $9,662,373 $-275,268
2021 $3,070,665 $1,976,021 $11,273,710 $1,094,644
2020 $2,594,282 $1,631,353 $10,435,008 $962,929
2019 $2,851,648 $2,673,489 $7,972,953 $178,159
2018 $3,644,407 $2,878,401 $7,528,821 $766,006
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