CBS TELEVISION NETWORK AFFILIATES ASSOCIATION

EIN: 237288402 Community Improvement

MONTGOMERY, AL

Total Revenue
$476,817
Total Expenses
$587,878
Total Assets
$995,553
Net Assets
$952,656
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
DC
Principal Officer
KEVIN LATEK
Phone
3342061400
Tax Period
2024-01-01 to 2024-12-31

CBS TELEVISION NETWORK AFFILIATES ASSOCIATION, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $528K in total revenue in fiscal year 2018. The organization ran a surplus of $206K, a strong 39% operating margin.

Mission

TO PROMOTE THE PROGRESS AND DEVELOPMENT OF TELEVISION BROADCASTING GENERALLY, INCLUDING BUT NOT LIMITED TO, NETWORK TELEVISION BROADCASTING BY AFFILIATED STATIONS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $466,900
Program Service Revenue $0
Investment Income $9,917
Other Revenue $0
TOTAL REVENUE $476,817

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $587,878
TOTAL EXPENSES $587,878

Year-over-Year Comparison

2024 2023 Change
Revenue $476,817 $489,071 0.0%
Expenses $587,878 $1,296,382 -0.5%
Net Income $-111,061 $-807,311 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANA ZIMMER VICE-CHAIR 1.00
Officer Director
$0 $0 $0
KEVIN LATEK TREASURER 1.00
Officer Director
$0 $0 $0
ERIC BRADLEY DIRECTOR 1.00
Director
$0 $0 $0
ADAM CHASE DIRECTOR 1.00
Director
$0 $0 $0
LYNN BEALL PAST CHAIR 1.00
Director
$0 $0 $0
CHRIS CORNELIUS DIRECTOR 1.00
Director
$0 $0 $0
WADE DEAVER DIRECTOR 1.00
Director
$0 $0 $0
CHRIS RIPLEY SECRETARY 1.00
Officer Director
$0 $0 $0
BYRON ALLEN DIRECTOR 1.00
Director
$0 $0 $0
DANIEL YORK CHAIR 1.00
Officer Director
$0 $0 $0
ASHLEY GOLD DIRECTOR 1.00
Director
$0 $0 $0
AMY LIZ PITTENGER DIRECTOR 1.00
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
2025 No data No data No data No data
2024 $476,817 $587,878 $995,553 $-111,061
2023 $489,071 $1,296,382 $1,121,649 $-807,311
2022 $542,138 $493,289 $1,961,223 $48,849
2021 $542,156 $266,542 $1,849,239 $275,614
2020 $515,268 $264,655 $1,564,565 $250,613
2019 $522,013 $452,123 $1,313,952 $69,890
2018 $527,769 $321,434 $1,230,847 $206,335
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