2024-05-09T18:33:58-07:00 2023-12-31 CPA Edith Carrero PO Box 9142 Carolina PR 00988 990 2023-01-01 660347260 RADIO REDENTOR INC RADI 7877511310 Lodi Street No 583 Villa Capri Rio Piedras San Juan RQ 00924 Jesus M Rivera General Manager 7877511310 2024-05-15 1 Jesus M Rivera 999009999 1 Edith Carrero P01480907 7874054064 2024-05-15 X 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Harry A Carrillo Cruz Urb El Conquistador Q22 Street 14 Trujillo Alto PR 00976 1348048 0 X https://www.redentor104fm.com/ X 1975 PR Radio Redentor, Inc. operates as a nonprofit radio station with a primary focus on religious programming. Its mission is to facilitate communication services, catering to both individuals and the community at large by offering education, information, and entertainment. The station extends its services to organizations, enabling them to disseminate their messages effectively, educate, inform, and entertain their audiences. They rely on donations from supporters within the Christian community, comprising members from various denominational and non-affiliated churches in Puerto Rico. Over the course of 49 years, Radio Redentor has been dedicated to addressing the educational and spiritual needs of the Puerto Rican community. They remain committed to delivering high-quality Christian radio programming, ensuring a diverse range of content to engage its audience the broadcasting of news and information relevant to events and activities that uphold Christian faith and values. 11 11 14 6 0 0 353191 325647 607402 721770 5544 28327 180590 237664 1146727 1313408 0 0 1865 1603 441791 480997 0 0 162999 898328 949635 1341984 1432235 -195257 -118827 3499487 2811702 3153620 2584662 345867 227040 1. Evangelize and promote the message of Jesus Christ by means of education and communication. 2. Foster and promote Christian values contributing to social well-being. 3. Be at a cutting-edge level in the use of radio communication technological resources and tools. 4. Develop and maintain a self-sustainable organization. 0 0 191964 0 165761 EDUCATION - The radio station's educational initiatives aim to provide comprehensive support to individuals and families by offering counseling and character development through the broadcasting of a variety of educational programs. Our primary objective is to facilitate the holistic transformation of listeners, empowering them to cultivate and maintain a healthy Christian family environment, thereby enhancing their overall quality of life. We prioritize activities geared towards addressing prevalent social issues such as divorce, domestic violence, and other community challenges, equipping our audience with spiritual and intellectual tools to navigate daily obstacles effectively. Our programs foster intellectual growth, expand knowledge, and promote active citizenship, encouraging listeners to become informed and responsible members of their communities and the global society. Our educational services encompass a range of resources, including radio programs, talk shows, advice from mental health professionals, workshops, and training sessions focused on family and marital enrichment. We engage with relevant topics discussed in the media and society, facilitated by pastors, ministers, theologians, and qualified counselors from diverse fields of expertise. Additionally, we provide brief counseling interventions tailored to address adolescent issues, emphasizing preventive measures. Moreover, we organize educational, missionary, and study trips to various biblical sites worldwide annually, enriching our audience's understanding of Christian teachings and heritage. Furthermore, our programming includes segments dedicated to family health, alternative medicine news bulletins, and nutritional subjects, offering valuable insights into holistic well-being. Furthermore, we provide internship opportunities for undergraduate students pursuing degrees in communications and related fields, allowing them to gain practical experience in a professional broadcasting environment. In 2023, the radio station delivered a total of ________ hours of educational programming, reinforcing our commitment to serving and empowering our audience with enriching content and support services. 202509 0 484194 INFORMATION - The Information Activity Services of the radio station are dedicated to delivering timely and insightful information to our audience, enabling them to engage actively with national and international issues from a Christian and moral perspective. Our goal is to empower individual listeners to comprehend themselves, their institutions, and their natural and social surroundings, thereby fostering intelligent participation in processes of positive change grounded in spiritual and moral values. We prioritize keeping the community well-informed about significant events, circumstances, and emergencies, ensuring that our daily broadcasts adhere to the highest standards of Christian broadcasting. Our services encompass a range of radio programs, talk shows, and other resources designed to provide comprehensive coverage of local, national, and international topics of interest. Through analytical commentary rooted in Christian and moral principles, we offer our audience insights into relevant events, issues, and ideas, facilitating informed discourse and reflection. Moreover, we utilize the Emergency Alert System to deliver alerts and emergency warnings, disseminating crucial information provided by government officials and experts to enhance public safety and disaster prevention efforts. In 2023, the radio station dedicated a total of _________ hours to information activities services, reaffirming our commitment to delivering relevant, insightful, and morally grounded content to our listeners. 320704 0 142888 ENTERTAINMENT - The Entertainment program of the radio station is dedicated to nurturing a positive and uplifting state of mind and spirit among listeners, offering comfort, strength, and reassurance when needed. Through a blend of music and inspirational ministering by contemporary artists and performers, we aim to create an engaging and spiritually enriching experience that imbues life with meaning. We curate a consistent Christian and positive music and entertainment environment tailored to meet the diverse needs of our listeners throughout the day, maintaining an upbeat tone that resonates with their sensibilities. Our entertainment offerings include a variety of radio programs, talk shows, and other resources designed to provide a source of joy and inspiration in daily life. Through a diverse selection of Christian music styles and rhythms, we seek to accompany listeners as they navigate their daily routines, offering interviews, radio magazines covering a range of subjects, and interactive programs that encourage public participation. Additionally, we provide avenues for communication and interaction through our website and social media platforms, fostering a sense of community and connection among our audience. In 2023, the radio station dedicated a total of __________ hours to entertainment activity services, reaffirming our commitment to providing uplifting and spiritually enriching content that enhances the well-being of our listeners. 0 0 0 715177 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 14 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 VI X Radio Redentor Inc 7877511310 Lodi Street No 583 Villa Capri Rio Piedras San Juan RQ 00924 Jesus M Rivera Vazquez General Manager 40 X 47981 0 43417 Harry A Carrillo Cruz President 5 2 X 0 0 6200 Osvaldo Trinidad Trinidad Vice President 3 2 X 0 0 3800 Ariel Padilla Rosado Secretary 3 2 X 0 0 3800 Edgar Esquilin Monge Treasurer 3 2 X 0 0 3800 Karen M Guzman Bernis Member 3 2 X 0 0 2000 Jose A Lopez Andino Sub Secretary 3 2 X 0 0 1850 Jorge E Campusano de la Rosa Member 3 2 X 0 0 1700 Noel Morales Vazquez Member 3 2 X 0 0 1600 Hector M Rivera Rosa Member 3 2 X 0 0 1400 Xavier Martinez Oquendo Member 3 2 X 0 0 1100 Luis Paz Reyes Member 3 2 X 0 0 200 47981 0 70867 0 0 0 0 0 0 0 97727 0 0 227920 0 325647 Education Activity Services 515112 138344 138344 0 0 Information Activity Services 515112 456913 456913 0 0 Entertainment Services and Programs 515112 126513 126513 0 0 0 0 0 0 721770 28327 28327 0 0 0 0 0 0 0 0 0 0 166387 0 34640 0 131747 0 131747 131747 0 0 0 0 0 97727 0 0 0 0 Barter Transactions 515112 95035 95035 0 0 Other income 515111 10882 10882 0 0 0 0 0 0 105917 1313408 987761 0 0 X 1603 1603 119356 45953 63761 9642 293926 130760 126712 36454 37642 14591 16537 6514 30073 11847 13092 5134 238387 135433 102954 0 1354 0 1354 0 35900 0 35900 0 0 0 0 0 22863 11165 11698 0 114224 79957 0 34267 55454 24186 23052 8216 24631 11084 9852 3695 0 0 0 0 175964 79106 70509 26349 42963 22274 15985 4704 0 0 0 0 0 0 0 0 48632 21884 19453 7295 0 0 0 0 110644 63067 30980 16597 27545 12395 11018 4132 Bad Debt Expense 30839 30839 0 0 Prior year adjustments 12351 12351 0 0 Excise Tax Expense 6682 6682 0 0 Other Misc Expense 1202 0 1202 0 1432235 715177 554059 162999 X 17928 40713 917963 604677 162483 114305 111849 123731 0 0 0 0 0 0 1426 1547 26475 28015 2628607 952547 1735989 1676060 0 0 302720 0 220654 220654 2000 2000 3499487 2811702 194321 227500 2913474 2324333 45825 32829 3153620 2584662 X 345867 227040 0 0 345867 227040 3499487 2811702 -118827 0 0 0 0 0 X 1 X 0 1 0 X 156128 133999 231114 310455 363590 1195286 0 0 0 0 0 0 0 0 156128 133999 231114 310455 363590 1195286 1195286 106330 135426 158381 168527 194713 763377 0 0 0 0 1329 249333 194334 189198 225123 859317 2817980 0.42416 0.43613 X Schedule A, Part II, Line 10 This part consist of: Barter Transactions: This refers to exchanges of goods or services for other goods or services, with a value of $214,362. Other Income: This includes two components: Tax Exemption Reimbursement: Refunds received for taxes previously paid due to tax-exempt status, amounting to $5,100. Interest Savings on Loan Early Payment: Savings realized from paying off a loan early, resulting in reduced interest payments, also totaling $5,661. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 107922 107922 0 765142 262037 503105 0 0 0 0 0 1456214 504994 951220 0 299329 185516 113813 1676060 Schedule D, Part VI, Line 1b This is a breakdown of the costs associated with our building assets. This includes acquisition costs, and improvements: Building total: $ 529,822 and improvements: $ 235,320. Schedule D, Part VI, Line 1d Within this section of Schedule D, we present a breakdown of the costs linked to our equipment assets, spotlighting those of most significant expenditure. These high-value equipment items represent substantial investments made by Radio Redentor to support our mission and operational needs. Broadcasting Towers: $ 882,285 other broadcasting equipment: $ 573,929 Schedule D, Part VI, Line 1e Within this section of Schedule D, we present a detailed breakdown of the costs of Other Assets: Furniture and Fixtures: $ 92,078, Automobile: $ 89,885, Computer Software: $10,491, Right of use Operating Asset: 106,875. Encendido Navideño 25000 0 25000 0 0 0 0 16300 0 Actividad de Mujeres 6650 0 6650 0 0 910 3558 0 10075 11 96920 0 96920 0 0 0 0 0 0 128570 0 128570 0 0 910 3558 16300 10075 30843 97727 Form 990, Part VI, Section A, Line 6 Radio Redentor's Board of Directors consists of eleven members. Form 990, Part VI, Section A, Line 7a The organization's Board of Directors comprises 11 external members with voting rights, who democratically elect their fellow board members. This ensures that members hold the ultimate authority in shaping major corporate objectives and policies. Members enjoy specific rights outlined by state law and the corporation's governing documents, including the articles of incorporation and corporate bylaws. All proceedings of voting members are recorded. Directors bear the responsibility of recruiting and replacing skilled executives, determining executive compensation, establishing objectives and overseeing performance, auditing financials, and, if necessary, overseeing the dissolution of the nonprofit. Form 990, Part VI, Section B, Line 11b A draft of the return is circulated via email or distributed during the monthly Board of Directors' meeting. Board members thoroughly review and discuss the document, seeking clarification from the external accountant as needed. Once all inquiries have been satisfactorily addressed, the return is formally approved and signed by the Chair of the organization before being submitted to the IRS. Form 990, Part VI, Section B, Line 12c At the designated Board meeting, members will review the Conflict of Interest policy and propose any necessary amendments. Each member will receive a 'Disclosure of Conflict of Interest' form for annual signature, attesting to their independence and freedom from conflicts of interest. Form 990, Part VI, Section B, Line 15 Compensation for both the Board of Directors and key employees of the organization is determined by the Board members themselves during regular meeting sessions. The last review for compensation occurred in 2022. A committee is tasked with thoroughly investigating and studying all necessary factors for determining compensation. These factors include the quality and quantity of work, knowledge of job duties, initiative, ability to plan and control expenses, interpersonal relationships with peers, superiors, and the public, as well as character. After conducting their analysis, the committee presents its findings to the Board for evaluation. The Board considers the organization's financial condition and budget when reviewing the recommendations. Following deliberation, all compensation decisions are subject to approval or rejection by a majority vote of the Board members. Form 990, Part VI, Section C, Line 19 The organization's governing documents, conflict of interest policy, and financial statements are accessible to the public upon request. Additionally, they are provided to creditors as necessary for credit and financial agreements and terms Form 990, Part IX, Line 11g Payments for technology services - during the tax year, Radio Redentor utilized various technology services to support its operations. These services included software subscriptions, website hosting, IT support, data security, and telecommunication. Expenses were allocated based on usage across programs, management, and fundraising activities. Vendor relationships were managed to ensure competitive pricing and quality service. Technology investments contributed to operational efficiency, communication, and program delivery, aligning with the organization's mission. Form 990, Part X, Line 4 Additional information also for Part X, Line 16, 17 and 26. "Intercompany accounts receivable and accounts payable totaling $590,458 for the fiscal year 2023 have been netted against each other and thus do not appear separately on the balance sheet. However, for transparency purposes, we disclose this amount here. These intercompany transactions represent balances that offset each other and have been omitted from the balance sheet presentation to avoid duplication of amounts. The decision to net these amounts was made in accordance with our accounting policies and is consistent with Generally Accepted Accounting Principles (GAAP). If the intercompany amount were included, the Total liabilities and net assets/fund balances would have been $3,402,160." Radio Redentor Inc Saint Thomas Subsidiary 5-a Upper Caret Bay Road Charlotte Amalie VQ 00802 Amplify parent radio station signal thoughout east part of island VQ Radio Redentor Inc 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 1 Radio Redentor Inc Saint Thomas Subsidiary r 563444 Determining the amount involved in transferring $563,444 in cash to the related organization involves intercompany transactions in which the organization follow the applicable accounting standards and principles. This typically involves tracing the specific transactions or activities that lead to the transfer of funds. For intercompany transactions, the organization ensures that the amount transferred accurately reflects the value exchanged between the related entities. This involves documenting the nature of the transactions, any goods or services exchanged, and any applicable transfer pricing policies to ensure the transactions are conducted at arm's length. Radio Redentor Inc Saint Thomas Subsidiary s 27014 Determining the amount involved in transferring $27,014 in cash from the related organization, in the context of intercompany transactions, typically involves careful documentation and accounting for the specific transactions or activities that lead to the transfer of funds. For intercompany transactions, the organization ensures that the amount transferred accurately reflects the value exchanged between the related entities. This entails recording the nature of the transactions, any goods or services exchanged, and adhering to any applicable transfer pricing policies to ensure transactions are conducted at arm's length.