2025-11-14T16:42:30-06:00 2024-12-31 990 2024-01-01 383263675 Ave Maria Communications AVEM 7349305200 1 Ave Maria Drive C 1580 Ann Arbor MI 481060504 Michael Jones President & CEO 7349305200 2025-11-14 0 2024 2025-03-06 01:10:19Z Ave Maria Radio Michael Jones 1 Ave Maria Drive C 1580 Ann Arbor MI 481060504 3476076 0 X avemariaradio.net X 1995 MI Ave Maria Communications employs radio, internet and other media to offer news, analysis, teaching, devotions and music to demonstrate the good news that Jesus is Lord over all areas of life. Through these means and activities we show that the teaching of Christ, through His Church offers a rational view of the world, a deep sense of spirituality, a firm family life, enhanced human relationships, and the creation of a culture of life and love. 9 7 20 45 150695 0 1192913 2659974 790408 815659 2744 336 0 0 1986065 3475969 0 0 0 0 1303801 1416653 0 0 147198 1091797 1206048 2395598 2622701 -409533 853268 1539851 1956160 1173601 1045587 366250 910573 Ave Maria Communications (AMC)employs radio, internet and other media to offer news, analysis, teaching, devotion and music to demonstrate Catholic values. 0 0 2311524 664964 Ave Maria Communications(AMC) furthers the education of individuals in the Catholic religion by producing Catholic radio programming. This year AMC produced over 2,500 hours of original Catholic Radio programming. AMC finalized an agreement to receive the assets of Our Lady of Guadalupe, Inc DBA Annunciation Radio in Ohio, MI. AMC distributed to over 380 affiliate radio stations across the United States and other such notables as EWTN Sirius Channel 130 and hundreds of web streams. AMC produces videos for distribution on various social media platforms including the internet. 2311524 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 18 0 20 1 1 1 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X X George Forrest III 7349303210 24 Frank Lloyd Wright Dr Ann Arbor MI 48106 Al Kresta Director/Officer 40.00 X X 64017 0 14245 Michael Jones Pres/Trea/CEO/Director 40.00 X X 111194 0 23298 Richard Cronin Director 1.00 X 0 0 0 Paul Fransway Director/Secretary 1.00 X X 0 0 0 Stephen Ray Director 1.00 X 0 0 0 Sheila Patton Director 1.00 X 0 0 0 Doug Keck Director 1.00 X 0 0 0 Kathryn Nelson Director 1.00 X 0 0 0 David Vacheresse Director 40.00 X 103329 0 6953 Steve Pintar Director 1.00 X 0 0 0 278540 0 44496 2 0 0 0 0 2659974 310290 2659974 Program underwriting 611710 456093 456093 Advertising revenue 541800 150695 150695 Paid programing 611710 150000 150000 Event & Other Inc 611710 58871 58871 815659 443 443 107 -107 -107 -107 3475969 664964 150695 336 278540 244340 19880 14320 783974 703243 14696 66035 34674 31134 1087 2453 240307 215769 7534 17004 79158 71075 2482 5601 2764 2764 31136 31136 13481 11618 1863 35433 28346 3189 3898 142513 142513 24469 22456 734 1279 39712 39712 Contracted services 344557 344557 Miscellaneous Expenses 163078 94665 68380 33 Maintenance 139988 106284 33704 Signal Tower lease 54466 54466 214451 167446 45997 1008 2622701 2311524 163979 147198 92822 344364 20230 7151 89735 96271 700 694606 497266 159619 197340 19714 23278 1157731 1287056 1539851 1956160 114870 106031 6000 1052731 939556 1173601 1045587 X 366250 910573 366250 910573 1539851 1956160 853268 1345 -310290 0 X 0 1 X 0 0 X 1287104 1307086 1180511 1192913 2349684 7317298 689334 789469 784892 667350 664964 3596009 1976438 2096555 1965403 1860263 3014648 10913307 0 0 0 10913307 1367 2381 -174 4279 336 8189 1367 2381 -174 4279 336 8189 117391 184779 125689 123058 150695 701612 2095196 2283715 2090918 1987600 3165679 11623108 0.93890 0.93540 0.00070 0.00120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17856 1345 -1568 17633 15566 2290 17856 18483 -2917 15566 16529 1954 18483 15000 1529 16529 1.00000 0 0 150535 54916 95619 544071 442350 101721 197340 FCC License 335000 Value of Leased Property 939556 Good Faith Deposit 12500 1287056 Long term lease liability 939556 939556 X 3167024 1345 -310290 -308945 3475969 0 3475969 2622701 0 2622701 0 2622701 Part X, Line 2: The Organization is exempt from federal income taxes under section 501(a) of the Internal Revenue Code because it is an organization described in Section 501(c)(3) and therefore has made no provision for federal income taxes in the accompanying financial statements. In addition, the Internal Revenue Service has determined the Organization is not a "Private Foundation" within the meaning of Section 509(a) of the Internal Revenue Code. The Organization has adopted the provisions of FASB ASC 740-10. The adoption of FASB ASC 740-10 has not resulted in any known federal or state tax contingencies. Domino's Farm Office Park (DFOP) Thomas S. Monaghan, former director of Ave Maria Communications (AMC) 142513 Thomas S Monaghan is an officer and director of Domino's Farm Office Park(DFOP) which provides office space to AMC at or below fair market value. 0 The Ave Maria Foundation (TAMF) Thomas S. Monaghan, former director of Ave Maria Communications (AMC) 53690 Thomas S Monaghan is an officer and director of The Ave Maria Foundation (TAMF) which provides accounting, human resources and IT support to AMC at or below fair market value. 0 Domino's Farm Corporation (DFC) Thomas S. Monaghan, former director of Ave Maria Communications (AMC) 4602 Thomas S Monaghan is an officer and director of Domino's Farms Corporation (DFC) which provides maintenance support to AMC at or below fair market value. 0 X Radio studio Equip 1 310290 Book value transfer 0 0 0 Form 990, Part VI, Section B, line 11b Financial statements are reviewed monthly by the governing body of Ave Maria Communications. The annual audit and Form 990 is reviewed by the Financial Oversight Committee prior to filing. Form 990, Part VI, Section B, line 12c Board of Directors sign a document each year declaring their status regarding conflicts of interest. Employees are required to disclose any conflict of interests on page 14 of the Employee Manual. Form 990, Part VI, Section B, line 15 Salary and compensation for the CEO and key employee is determined by an independent three person Compensation Committee. Each year during the first quarter, the CEO's compensation is reviewed for competitiveness, goals met during previous year, performance and responsibilities, personnel succession planning, how long since last increase and are there sufficient resources to support the current or future increased compensation. Form 990, Part VI, Section C, line 18 Form 990 are available for public viewing during normal working hours at the office in Ann Arbor, Michigan. Form 990, Part VI, Section C, line 19 Governing documents that are required by law for public viewing are available at the Ann Arbor, Michigan office.