HASTINGS CABLE COMMUNITY ACCESS

EIN: 411640097 501(c)(3)

HASTINGS, MN

Total Revenue
$279,611
Total Expenses
$357,575
Total Assets
$465,383
Net Assets
$444,520
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
MN
Principal Officer
MIKE BREMER
Phone
6514807614
Tax Period
2025-01-01 to 2025-12-31

HASTINGS CABLE COMMUNITY ACCESS, founded in 1986, is a small nonprofit that reported $280K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $358K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PRODUCE PROGRAMS AND PROVIDE VIDEO SERVICES THAT BENEFIT THE HASTINGS COMMUNITY. THE ORGANIZATION ALSO MAINTAINS THREE CABLE TV CHANNELS TO BROADCAST THE PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $261,275 Revenue: $3,000

HASTINGS COMMUNITY TV MAINTAINS A PROACTIVE BROADCASTING ORGANIZATION OF STAFF AND VOLUNTEERS THAT PRODUCE LOCAL PROGRAMS OF INTEREST AND BENEFIT TO THE HASTINGS COMMUNITY. HCTV ALSO MAINTAINS THREE...

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HASTINGS COMMUNITY TV MAINTAINS A PROACTIVE BROADCASTING ORGANIZATION OF STAFF AND VOLUNTEERS THAT PRODUCE LOCAL PROGRAMS OF INTEREST AND BENEFIT TO THE HASTINGS COMMUNITY. HCTV ALSO MAINTAINS THREE DESIGNATED LOCAL CABLE TELEVISION CHANNELS THROUGH WHICH THE PROGRAMS ARE BROADCAST.

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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 (2025)

Revenue Breakdown

Contributions & Grants $264,869
Program Service Revenue $3,000
Investment Income $11,742
Other Revenue $0
TOTAL REVENUE $279,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $262,049
Fundraising Expenses $0
Program Expenses $261,275
Other Expenses $95,526
TOTAL EXPENSES $357,575

Year-over-Year Comparison

2025 2024 Change
Revenue $279,611 $326,563 -0.1%
Expenses $357,575 $379,288 -0.1%
Net Income $-77,964 $-52,725 +0.5%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
6
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
5
$91,958
Total Directors
8
$91,958
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE BREMER EXECUTIVE DI 40.00
Officer Director
$73,799 $18,159 $91,958
MEGAN BAUER TREASURER 0.25
Officer Director
$0 $0 $0
KELLY CARTER BOARD MEMBER 0.25
Director
$0 $0 $0
TIM HANEBERG BOARD MEMBER 0.25
Director
$0 $0 $0
ANGIE HAUS BOARD MEMBER 0.25
Director
$0 $0 $0
PAUL MUNGER BOARD CHAIR 0.25
Officer Director
$0 $0 $0
MOLLY PETERS SECRETARY 0.25
Officer Director
$0 $0 $0
LEE STOFFEL VICE CHAIR 0.25
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
2025 $279,611 $357,575 $465,383 $-77,964
2024 No data No data No data No data
2023 $378,364 $372,500 $595,329 $5,864
2022 $350,527 $373,678 $606,762 $-23,151
2021 $404,754 $375,077 $592,496 $29,677
2020 $358,575 $326,601 $563,779 $31,974
2019 $372,609 $342,163 $531,267 $30,446
2018 $374,054 $343,667 $826,234 $30,387
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