NEBRASKA BROADCASTER ASSOCIATION INC

EIN: 470542287

OMAHA, NE

Total Revenue
$794,888
Total Expenses
$758,837
Total Assets
$4,139,920
Net Assets
$4,128,228
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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
1934
Legal Domicile
NE
Principal Officer
JIM TIMM
Phone
4029335995
Tax Period
2024-10-01 to 2025-09-30

NEBRASKA BROADCASTER ASSOCIATION INC, founded in 1934, is a small nonprofit that reported $795K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $759K left a modest 5% surplus.

Mission

ADVANCING THE BEST INTEREST OF THE FREE, LOCAL, OVER THE AIR, FULL SERVICE RADIO AND TV BROADCAST INDUSTRY IN THE STATE OF NEBRASKA

Program Service Accomplishments

Program 1

TO OPTIMIZE THE BUSINESS AND REGULATORY ENVIRONMENT IN WHICH THE BROADCAST INDUSTRY OPERATES ON A STATE LEVEL, ON A REGIONAL LEVEL AND ON A FEDERAL LEVEL. TO ADVANCE STATE OF THE ART OF BROADCASTING...

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TO OPTIMIZE THE BUSINESS AND REGULATORY ENVIRONMENT IN WHICH THE BROADCAST INDUSTRY OPERATES ON A STATE LEVEL, ON A REGIONAL LEVEL AND ON A FEDERAL LEVEL. TO ADVANCE STATE OF THE ART OF BROADCASTING. TO INCREASE RESPECT FOR THE CREDIBILITY OF BROADCASTING. TO HELP EACH BROADCAST STATION TO BETTER SERVE THE PUBLIC INTEREST AND TO OTHERWISE ENGAGE IN ACTIVITIES AND OTHER UNDERTAKING INCLUDING, BUT NOT LIMITED TO NONCOMMERCIAL SUSTAININT ANNOUNCEMENTS, WHICH SERVE THOSE PURPOSES

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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 $40,953
Program Service Revenue $634,006
Investment Income $119,929
Other Revenue $0
TOTAL REVENUE $794,888

Expense Breakdown

Grants Paid $0
Salaries & Benefits $213,976
Fundraising Expenses $0
Other Expenses $544,861
TOTAL EXPENSES $758,837

Year-over-Year Comparison

2024 2023 Change
Revenue $794,888 $686,627 +0.2%
Expenses $758,837 $702,424 +0.1%
Net Income $36,051 $-15,797 -3.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
13
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
6
$163,333
Total Directors
15
$163,333
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK JENSEN CHAIRMAN OF THE BOARD 0.00
Officer Director
$0 $0 $0
BILL BOYER CHAIRMAN ELECT 0.00
Officer Director
$0 $0 $0
GRAIG KINZIE VICE CHAIRMAN 0.00
Officer Director
$0 $0 $0
JEFFERY STEFFEN SECRETARY TREASURER 0.00
Officer Director
$0 $0 $0
JESSIE JOHNSON PAST CHAIRPERSON 0.00
Officer Director
$0 $0 $0
MIKE BURGE AT LARGE DIRECTORS 0.00
Director
$0 $0 $0
PATRICK COMBS AT LARGE DIRECTORS 0.00
Director
$0 $0 $0
JUSTIN FLUKE AT LARGE DIRECTORS 0.00
Director
$0 $0 $0
DALLAS NAU AT LARGE DIRECTORS 0.00
Director
$0 $0 $0
SCOTT POESE AT LARGE DIRECTORS 0.00
Director
$0 $0 $0
JEREMY SHIPE AT LARGE DIRECTORS 0.00
Director
$0 $0 $0
ALLISON SMITH AT LARGE DIRECTORS 0.00
Director
$0 $0 $0
PAM WAUGH AT LARGE DIRECTORS 0.00
Director
$0 $0 $0
TODD MURPHY ASSOCIATE DIRECTOR 0.00
Director
$0 $0 $0
JIM TIMM PRESIDENT 0.00
Officer Director
$163,333 $0 $163,333
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 $794,888 $758,837 $4,139,920 $36,051
2024 $686,627 $702,424 $3,846,672 $-15,797
2023 $748,856 $618,496 $3,457,145 $130,360
2022 $790,959 $614,550 $3,181,661 $176,409
2021 $776,018 $536,438 $3,413,019 $239,580
2020 $608,757 $431,425 $2,872,916 $177,332
2019 $632,392 $532,868 $2,632,716 $99,524
2018 $516,516 $505,108 $2,505,716 $11,408
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