Nonprofit · EIN 04-2870379
NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION
Tax-exempt · NEEDHAM, MA 02492
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $930,495 | $871,687 | $58,808 | $5,486,967 | $13,000 | $5,473,967 |
| December 31, 2023 | 990 | $805,185 | $760,021 | $45,164 | $5,429,159 | $14,000 | $5,415,159 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $762,626
- Investment income
- $167,869
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $468,497
- Salaries, compensation and benefits (total)
- $594,008
- Professional fundraising fees
- $0
- Accounting fees
- $57,355
- Occupancy
- $55,134
- Depreciation
- $70,607
- Program services (functional)
- $690,122
- Management and general (functional)
- $181,565
Balance sheet and other
- Total assets, start of year
- $5,429,159
- Total assets, end of year
- $5,486,967
- Total liabilities, end of year
- $13,000
- Net assets, end of year
- $5,473,967
- Land, buildings and equipment
- $924,475
- Publicly traded securities
- $4,405,550
- Net assets without donor restrictions
- $5,473,967
- Gross receipts
- $930,495
- Employees
- 9
- Volunteers
- 50
- Year formed
- 1985
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC MANDEL | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $120,088 |
| MICHAEL FRAINI | DIRECTOR Trustee or director | 0.1 | $0 |
| VIPUL BHUSHAN | DIRECTOR Trustee or director | 0.1 | $0 |
| JONATHAN D TAMKIN | DIRECTOR Trustee or director | 0.1 | $0 |
| ARNOLD GOLDSTEIN | DIRECTOR Trustee or director | 0.1 | $0 |
| MICHAEL GREIS | PRESIDENT Officer | 4 | $0 |
| BILL DERMODY | VICE PRESIDENT Officer | 0.1 | $0 |
| PETER HESS | TREASURER Officer | 2 | $0 |
| RICHARD DOLLASE | CLERK Officer | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL FRAINI | DIRECTOR Trustee or director | 0.1 | $0 |
| DANIEL SCHWARTZ | DIRECTOR Trustee or director | 0.1 | $0 |
| JONATHAN D TAMKIN | DIRECTOR Trustee or director | 0.1 | $0 |
| ARNOLD GOLDSTEIN | DIRECTOR Trustee or director | 0.1 | $0 |
| WILLIAM DERMODY | DIRECTOR Trustee or director | 0.1 | $0 |
| MICHAEL GREIS | PRESIDENT Officer | 4 | $0 |
| THOMAS LOUGHRAN | VICE PRESIDENT Officer | 0.1 | $0 |
| PETER HESS | TREASURER Officer | 2 | $0 |
| RICHARD DOLLASE | CLERK Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 257 CHESTNUT ST, NEEDHAM, MA 02492-2442
- Principal officer (990 for 2024)
- PETER HESS, 257 CHESTNUT STREET, NEEDHAM, MA 02492
- Signed the 990
- PETER HESS, TREASURER
- Phone
- (781) 449-6964
- Website
- WWW.NEEDHAMCHANNEL.ORG
- Return prepared by
- RAFFOL AND COMPANY INC
Mission
THE ORGANIZATION PROVIDES PUBLIC, EDUCATIONAL AND GOVERNMENTAL PROGRAMMING THROUGH THE NEEDHAM CHANNEL FOR CABLE TELEVISION SUBSCRIBERS IN THE TOWN OF NEEDHAM, MASSACHUSETTS.
Program accomplishments
- PRODUCTION OF COMMUNITY NEWS AND EVENTS ON LOCAL CABLE TVExpenses $690,122 · revenue $762,626
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2870379
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A32)
- Assets (IRS master file)
- $5,486,967
- Income (IRS master file)
- $930,495
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $930,495 | $871,687 | $5,486,967 | XML |
| 990 | December 2023 | $805,185 | $760,021 | $5,429,159 | XML |
| 990 | December 2022 | $718,927 | $704,401 | $5,151,371 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2870379).
Questions about NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION
- What is the EIN of NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION is 04-2870379.
- Is NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names PETER HESS.
- Who are the officers and directors of NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $120,088 (MARC MANDEL, EXECUTIVE DIRECTOR).
- How much revenue does NEEDHAM COMMUNITY TELEVISION DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $930,495, expenses of $871,687 and total assets of $5,486,967 at year end.
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All nonprofits in NEEDHAM · Massachusetts · Arts, culture and humanities