TY 2021 Form 990 Schedule O

efile Public Visual Render ObjectId: 202310519349300766 - Submission: 2023-02-20 TIN: 41-1320344

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

MINNESOTA CHRISTIAN BROADCASTERS

Employer identification number

41-1320344

Return Reference	Explanation
FORM 990, PAGE 6, PART VI, LINE 11B	THE FORM 990 IS PRESENTED FOR REVIEW TO THE CHAIRMAN AND THE SIGNING OFFICER OF THE ORGANIZATION BEFORE FILING WITH THE IRS. THE AUDIT REPORT AND FINANCIAL STATEMENTS ARE REVIEWED BEFORE THE FILING OF THE FORM 990 BY THE FINANCE COMMITTEE AND THE BOARD.
FORM 990, PAGE 6, PART VI, LINE 12C	A CONFLICT OF INTEREST POLICY HAS BEEN IN EFFECT FOR THE ORGANIZATION SINCE 2007. THIS POLICY COVERS ALL SIGNIFICANT PERSONS IDENTIFIED AS TRUSTEES, OFFICERS, AGENTS, AND EMPLOYEES. PER THIS POLICY, DISCLOSURE OF CONFLICTS OF INTEREST ARE REQUIRED TO BE DOCUMENTED BY EACH SIGNIFICANT PERSON. THE POLICY RECOGNIZES THE DUTY TO DISCLOSE AND PROMPT DISCLOSURE IS REQUIRED AS CERTAIN MATTERS MAY ARISE. THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF DISINTERESTED DIRECTORS WHETHER THE DISCLOSED INTEREST RESULTS IN A CONFLICT OF INTEREST. WHEN A CONFLICT OF INTEREST IS DEEMED TO EXIST, THE BOARD WILL DETERMINE BY MAJORITY VOTE OF DISINTERESTED DIRECTORS, AFTER EXERCISING DUE DILIGIENCE AND INVESTIGATION OF ALTERNATIVES, WHETHER THE TRANSACTION, CONTRACT, OR ARRANGEMENT IS FAIR AND REASONABLE AND SHOULD BE ENTERED INTO.
FORM 990, PAGE 6, PART VI, LINE 15A	THE GENERAL MANAGER'S COMPENSATION IS REVIEWED AND AUTHORIZED BY THE BOARD ANNUALLY, INDEPENDENT OF THE GENERAL MANAGER. THE GENERAL MANAGER'S COMPENSATION WAS LAST REVIEWED IN DECEMBEER AND DOCUMENTED IN THE ORGANIZATION'S MINUTES. ALL OTHER COMPENSATION IS ALSO APPROVED ANNUALLY BY THE BOARD. THE BOARD OF DIRECTORS ARE NOT COMPENSATED.
FORM 990, PAGE 6, PART VI, LINE 19	THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. INFORMATION ABOUT THE ORGANIZATION MAY BE FOUND AT HTTP/WWW.ECFA.ORG
FORM 990, PART IX, LINE 24E	FAITH PROMISES UNCOLLECTE 0 0 29,381 SATELLITE 17,455 0 0 DUES AND SUBSCRIPTIONS 9,508 4,754 1,585 TELEPHONE EXPENSE 2,099 2,099 9,796 REPAIRS AND MAINTENANCE 8,822 1,890 1,890 NEWS SERVICE 11,253 0 0 PROGRAM SERVICES 9,120 0 0 ENTERTAINMENT & PROMOTION 3,412 759 3,412 ENGINEERING 5,428 0 0 INTERNET STREAMING 3,139 1,046 1,046 APP EXPENSE 2,342 781 781 MISCELLANEOUS 680 1,632 408 RENT 1,500 0 0 AXIA PROJECT 92 0 0 INTEREST EXPENSE 0 70 0 TOTAL 74,850 13,031 48,299

Return Reference

Explanation

FORM 990, PAGE 6, PART VI, LINE 11B

THE FORM 990 IS PRESENTED FOR REVIEW TO THE CHAIRMAN AND THE SIGNING OFFICER OF THE ORGANIZATION BEFORE FILING WITH THE IRS. THE AUDIT REPORT AND FINANCIAL STATEMENTS ARE REVIEWED BEFORE THE FILING OF THE FORM 990 BY THE FINANCE COMMITTEE AND THE BOARD.

FORM 990, PAGE 6, PART VI, LINE 12C

A CONFLICT OF INTEREST POLICY HAS BEEN IN EFFECT FOR THE ORGANIZATION SINCE 2007. THIS POLICY COVERS ALL SIGNIFICANT PERSONS IDENTIFIED AS TRUSTEES, OFFICERS, AGENTS, AND EMPLOYEES. PER THIS POLICY, DISCLOSURE OF CONFLICTS OF INTEREST ARE REQUIRED TO BE DOCUMENTED BY EACH SIGNIFICANT PERSON. THE POLICY RECOGNIZES THE DUTY TO DISCLOSE AND PROMPT DISCLOSURE IS REQUIRED AS CERTAIN MATTERS MAY ARISE. THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF DISINTERESTED DIRECTORS WHETHER THE DISCLOSED INTEREST RESULTS IN A CONFLICT OF INTEREST. WHEN A CONFLICT OF INTEREST IS DEEMED TO EXIST, THE BOARD WILL DETERMINE BY MAJORITY VOTE OF DISINTERESTED DIRECTORS, AFTER EXERCISING DUE DILIGIENCE AND INVESTIGATION OF ALTERNATIVES, WHETHER THE TRANSACTION, CONTRACT, OR ARRANGEMENT IS FAIR AND REASONABLE AND SHOULD BE ENTERED INTO.

FORM 990, PAGE 6, PART VI, LINE 15A

THE GENERAL MANAGER'S COMPENSATION IS REVIEWED AND AUTHORIZED BY THE BOARD ANNUALLY, INDEPENDENT OF THE GENERAL MANAGER. THE GENERAL MANAGER'S COMPENSATION WAS LAST REVIEWED IN DECEMBEER AND DOCUMENTED IN THE ORGANIZATION'S MINUTES. ALL OTHER COMPENSATION IS ALSO APPROVED ANNUALLY BY THE BOARD. THE BOARD OF DIRECTORS ARE NOT COMPENSATED.

FORM 990, PAGE 6, PART VI, LINE 19

THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. INFORMATION ABOUT THE ORGANIZATION MAY BE FOUND AT HTTP/WWW.ECFA.ORG

FORM 990, PART IX, LINE 24E

FAITH PROMISES UNCOLLECTE 0 0 29,381 SATELLITE 17,455 0 0 DUES AND SUBSCRIPTIONS 9,508 4,754 1,585 TELEPHONE EXPENSE 2,099 2,099 9,796 REPAIRS AND MAINTENANCE 8,822 1,890 1,890 NEWS SERVICE 11,253 0 0 PROGRAM SERVICES 9,120 0 0 ENTERTAINMENT & PROMOTION 3,412 759 3,412 ENGINEERING 5,428 0 0 INTERNET STREAMING 3,139 1,046 1,046 APP EXPENSE 2,342 781 781 MISCELLANEOUS 680 1,632 408 RENT 1,500 0 0 AXIA PROJECT 92 0 0 INTEREST EXPENSE 0 70 0 TOTAL 74,850 13,031 48,299

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

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