2025-07-30T14:18:22-05:00 2024-12-31 341145015 WILLIAM VAUGHAN COMPANY 145 CHESTERFIELD LANE MAUMEE OH 43537 990EZ 2024-01-01 463787142 TOLEDO INTEGRATED MEDIA EDUCATION INC TOLE 4193769746 PO BOX 733 TOLEDO OH 43697 SEAN NESTOR TREASURER 4193769746 2025-07-29 1 0 MICHELLE M KLEMENT P00051644 4198911040 2025-07-29 2024 2025-03-06 01:10:19Z X X HTTPS://TOLEDOMEDIA.ORG/ X X 115419 X 80352 1000 2651 31416 115419 75855 2320 2913 32500 113588 1831 102141 -3000 100972 X 102141 103972 0 102141 103972 0 3000 102141 100972 X TOLEDO INTEGRATED MEDIA EDUCATION HAS BEEN FORMED IN ORDER TO ORGANIZE AND MOBILIZE COMMUNITY SUPPORT FOR INDEPENDENT MEDIA THAT EMPOWERS UNDERREPRESENTED PERSPECTIVES. TOLEDO FREE PRESS - A DIGITAL NEWS OUTLET PROVIDING LOCAL NEWS COVERAGE AT NO COST TO THE GENERAL PUBLIC. 0 88142 WAKT 106.1FM - A COMMUNITY RADIO STATION OPERATING WITH A LOW-POWER FM (LPFM) LICENSE GRANTED THROUGH THE FEDERAL COMMUNICATIONS COMMISSION. 0 22742 110884 DOUGLAS BERGER TRUSTEE 5.00 0 0 0 TERRY BURTON TRUSTEE 5.00 0 0 0 DEBBIE DE STENO VICE PRESIDENT 5.00 0 0 0 BAILEY DICK TRUSTEE 5.00 0 0 0 DAN KIMMET TRUSTEE 5.00 0 0 0 MARISA MILIAN PRESIDENT 5.00 0 0 0 SEAN NESTOR TREASURER 5.00 0 0 0 JEFF ST ONGE SECRETARY 5.00 0 0 0 TOM POUNDS TRUSTEE 5.00 0 0 0 ZACHARY ROHTERT TRUSTEE 5.00 0 0 0 DR SUSAN SHELANGOSKIE TRUSTEE 5.00 0 0 0 X 1 0 1 1 0 0 0 1 3000 0 0 0 0 0 0 0 OH SEAN NESTOR 2357 SCOTTWOOD AVE UNIT 5 TOLEDO OH 43620 4193769746 0 0 0 0 0 0 0 0 0 0 NONE 0 NONE 0 1 X 80352 80352 1000 1000 81352 81352 0 0 0 81352 2651 2651 2651 2651 31416 31416 115419 115419 0.70480 0.02300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED SEAN NESTOR TREASURER FOR COMPLETING RADIO TOWER CONSTRUCTION X 3000 3000 0 1 1 3000 FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME DESCRIPTION: INVESTMENT INCOME. AMOUNT: 2,651. FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: ADVERTISING INCOME . AMOUNT: 31,416. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: INTERNET AND TV . AMOUNT: 460. DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 3,409. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 168. DESCRIPTION: EQUIPMENT. AMOUNT: 3,131. DESCRIPTION: SOFTWARE. AMOUNT: 3,950. DESCRIPTION: PAYROLL TAXES. AMOUNT: 12,678. DESCRIPTION: SUPPLIES AND MATERIALS. AMOUNT: 896. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 59. DESCRIPTION: INSURANCE. AMOUNT: 5,210. DESCRIPTION: ADVERTISING. AMOUNT: 2,539. TOTAL TO FORM 990-EZ, LINE 16: 32,500. FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS DESCRIPTION: PRIOR PERIOD CORRECTIONS. AMOUNT: -3,000. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: LONG-TERM BUSINESS LOANS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,000. FORM 990-EZ, PART V, LINE 33 DIGITAL NEWSROOM OPERATION, THE TOLEDO FREE PRESS, WAS LAUNCHED IN JUNE. IT IS OVERSEEN BY A COMMITTEE OF TWO STAFF MEMBERS AND OTHER INDEPENDENT CONTRACTORS. REASONABLE CAUSE STATEMENT FOR LATE FILING PENALTY ABATEMENTTOLEDO INTEGRATED MEDIA EDUCATION INC.BACKGROUNDTOLEDO INTEGRATED MEDIA EDUCATION INC. HAS HISTORICALLY OPERATED WITH ANNUAL GROSS RECEIPTS BELOW $50,000, CONSISTENTLY QUALIFYING FOR SIMPLIFIED ANNUAL REPORTING (FORM 990-N). IN 2024, THE ORGANIZATION'S GROSS RECEIPTS EXCEEDED THIS THRESHOLD FOR THE FIRST TIME, THEREBY REQUIRING THE FILING OF FORM 990-EZ. IN ADDITION, 2024 IS THE FIRST TIME THE ORGANIZATION HAD UBTI (INCOME FROM ADVERTISING) AND A REQUIREMENT TO FILE FORM 990T.CIRCUMSTANCES LEADING TO LATE FILINGTHE ORGANIZATION IS MANAGED ENTIRELY BY UNPAID VOLUNTEERS.UPON DISCOVERING THE NEW FORMS 990-EZ AND 990-T FILING REQUIREMENTS, THE ORGANIZATION'S OFFICER PROACTIVELY ENGAGED AN EXTERNAL ACCOUNTING FIRM TO ENSURE COMPLIANCE.DESPITE THESE EFFORTS, BOTH THE ORGANIZATION'S VOLUNTEERS AND THE ACCOUNTING FIRM INADVERTENTLY MISSED THE ORIGINAL FILING DEADLINE AND THE DEADLINE FOR REQUESTING AN EXTENSION.ONCE THE OVERSIGHT WAS IDENTIFIED, ALL PARTIES ACTED PROMPTLY TO PREPARE AND SUBMIT THE 2024 FORMS 990-EZ AND 990-T AS QUICKLY AS POSSIBLE.ACTIONS TAKEN TO PREVENT FUTURE OCCURRENCESTHE ORGANIZATION HAS IMPLEMENTED NEW INTERNAL CONTROLS, INCLUDING:A COMPLIANCE CALENDAR WITH CRITICAL IRS DEADLINES.ASSIGNMENT OF A DEDICATED VOLUNTEER TO MONITOR FILING REQUIREMENTS AND COORDINATE WITH EXTERNAL ADVISORS.ANNUAL COMPLIANCE REVIEW MEETINGS WITH THE ACCOUNTING FIRM.COMPLIANCE HISTORYPRIOR TO 2024, THE ORGANIZATION HAS NEVER MISSED A FILING DEADLINE AND HAS ALWAYS COMPLIED WITH IRS REPORTING REQUIREMENTS.FINANCIAL IMPACTTHE ORGANIZATION'S MISSION IS SUPPORTED ENTIRELY BY LIMITED PUBLIC DONATIONS AND VOLUNTEER LABOR.IMPOSING A LATE-FILING PENALTY WOULD CAUSE SIGNIFICANT FINANCIAL HARDSHIP, DIRECTLY REDUCING FUNDS AVAILABLE FOR:MISSION-RELATED ACTIVITIES AND PROGRAMS THAT BENEFIT THE PUBLIC.NECESSARY ACCOUNTING AND COMPLIANCE SERVICES TO MAINTAIN ONGOING IRS COMPLIANCE.REQUEST FOR ABATEMENTBASED ON THE FACTS OUTLINED ABOVE, WE RESPECTFULLY REQUEST THAT THE IRS ABATE THE LATE-FILING PENALTY UNDER THE REASONABLE CAUSE PROVISIONS OF IRC SECTION 6652. THE LATE FILING WAS NOT DUE TO WILLFUL NEGLECT, BUT RATHER AN ISOLATED OVERSIGHT DESPITE PRUDENT MEASURES AND A HISTORY OF COMPLIANCE. THE ORGANIZATION HAS TAKEN CORRECTIVE ACTIONS TO PREVENT RECURRENCE AND ENSURE FUTURE COMPLIANCE. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.