2025-09-02T12:54:21-05:00 2024-07-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2023-08-01 370341210 ILLINI MEDIA COMPANY ILLI 2173378310 1001 SOUTH WRIGHT ST CHAMPAIGN IL 61820 JIM SCHLUETER BOARD CHAIR 2173378310 2025-08-28 1 1 ANDREW SMITH CPA P01518894 3096714500 2025-08-27 2023 2025-03-06 01:10:19Z JIM SCHLUETER 1001 SOUTH WRIGHT ST CHAMPAIGN IL 61820 725859 0 X HTTP://WWW.ILLINIMEDIA.COM X 1911 IL ILLINI MEDIA IS COMMITTED TO PROVIDING AN UNSURPASSED EDUCATIONAL OPPORTUNITY FOR ITS STUDENT EMPLOYEES AND TO KEEPING THIS MISSION AT THE FOREFRONT OF ALL OUR INTERNAL DECISION-MAKING. OUR WELL-RUN, SUCCESSFUL COMPANY ALLOWS US TO OFFER A PROFESSIONAL, HANDS-ON, STUDENT-RUN LEARNING ENVIRONMENT, AND TO PROVIDE HIGH-QUALITY COMMUNICATION VEHICLES FOR READERS, LISTENERS AND VIEWERS THROUGHOUT OUR CAMPUS AND COMMUNITY. 8 8 130 280 0 0 148531 135077 588438 590782 1600 0 0 0 738569 725859 0 0 0 0 347971 397064 0 0 9795 455020 422589 802991 819653 -64422 -93794 650031 895808 648204 970759 1827 -74951 X ILLINI MEDIA IS COMMITTED TO PROVIDING AN UNSURPASSED EDUCATIONAL OPPORTUNITY FOR ITS STUDENT EMPLOYEES AND TO KEEPING THIS MISSION AT THE FOREFRONT OF ALL OUR INTERNAL DECISION-MAKING. OUR WELL-RUN, SUCCESSFUL COMPANY ALLOWS US TO OFFER A PROFESSIONAL, HANDS-ON, STUDENT-RUN LEARNING ENVIRONMENT, AND TO PROVIDE HIGH-QUALITY COMMUNICATION VEHICLES FOR READERS, LISTENERS AND VIEWERS THROUGHOUT OUR CAMPUS AND COMMUNITY.BY OFFERING COMPREHENSIVE TRAINING, PROVIDING CURRENT TOOLS AND RESOURCES, AND CREATING A CHALLENGING, FAST-PACED ENVIRONMENT, ILLINI MEDIA HELPS CREATE HIGHLY SOUGHT AFTER JOURNALISTS, BROADCASTERS, AND MANAGERS. WHILE OUR STUDENTS LEAD OUR DAILY MEDIA OPERATIONS, THEY LEARN THE RESPONSIBILITY OF MAKING INDEPENDENT DECISIONS AND GAIN AN UNDERSTANDING AND RESPECT FOR CHERISHED FREEDOM OF EXPRESSION PRINCIPLES AND ETHICAL BUSINESS PRACTICES. 0 0 684069 590782 EDUCATIONAL EXPERIENCE FOR UNIVERSITY STUDENTS IN MEDIA PRODUCTION AND SALES CONSISTING OF A DAILY STUDENT NEWS WEBSITE, A MONTHLY NEWSPAPER, RADIO AND PODCAST BROADCASTING, AN ANNUAL YEARBOOK AND OTHER MULTIMEDIA OPPORTUNITIES. 684069 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 0 0 0 0 0 1 0 0 0 1 0 0 130 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 1 0 IL X MELISSA PASCO 2173378310 1001 SOUTH WRIGHT ST CHAMPAIGN IL 61820 BOB EPSTEIN DIRECTOR 1.00 X 0 0 0 CAROLINA GARIBAY SECRETARY 2.00 X X 0 0 0 CHRIS HARLAN PAST PRESIDENT 1.00 X X 0 0 0 ERIK RIHA DIRECTOR 1.00 X 0 0 0 JEN OWENS DIRECTOR 1.00 X 0 0 0 JIM SCHLUETER PRESIDENT 5.00 X X 0 0 0 JULIE WURTH ASMUSSEN DIRECTOR 2.00 X 0 0 0 JJ KIM STUDENT BOARD MEMBER 1.00 X 0 0 0 MELISSA PASCO GENERAL MANAGER 40.00 X 107875 0 0 JAKE WILLIAMS EXECUTIVE DIRECTOR/CEO 40.00 X 34167 0 0 142042 0 0 1 0 0 0 0 135077 6639 135077 MEDIA SALES 541800 376502 376502 UIUC STUDENT FEES 900099 192000 192000 OTHER REVENUE 900099 22280 22280 590782 725859 590782 0 0 X 142042 142042 209742 163526 36544 9672 30251 26277 3974 15029 13055 1974 11777 10835 942 17168 15795 1373 71134 71134 20223 15371 4836 16 40134 2057 38077 77381 75062 2319 30191 28991 1200 11311 11250 61 29808 29808 PRODUCTION & TECHNOLOGY 77821 77821 OTHER 25486 23670 1709 107 EDIT, PHOTO & NEWS 5868 5868 BANQUET 2972 2972 1315 1315 819653 684069 125789 9795 293467 256659 80354 126891 110645 96938 84571 37857 28071 12939 269049 224804 40598 44245 12325 320279 650031 895808 100603 115995 35376 30131 512225 824633 648204 970759 X -22681 -104521 24508 29570 1827 -74951 650031 895808 -93794 17016 0 X X 0 1 X 1 0 X X 1 UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN 376000511 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X SCHEDULE A, PART IV, SECTION D, LINE 3 THE PRIMARY EXEMPT PURPOSE OF ILLINI MEDIA COMAPNY IS TO PUBLISH AND DISTRIBUTE A NEWS MEDIA NETWORK, TO BROADCAST PROGRAMMING OVER AN FCC-ALLOCATED FREQUENCY, AND TO EDUCATE UNIVERSITY OF ILLINOIS STUDENTS IN THE FIELD OF MASS COMMUNICATIONS WITH REAL-WORLD WORK EXPERIENCE ON OUR STUDENT-LED PROPERTIES. SCHEDULE A, PART IV, SECTION E, LINE 1C THE PRIMARY EXEMPT PURPOSE OF ILLINI MEDIA COMAPNY IS TO PUBLISH AND DISTRIBUTE A NEWS MEDIA NETWORK, TO BROADCAST PROGRAMMING OVER AN FCC-ALLOCATED FREQUENCY, AND TO EDUCATE UNIVERSITY OF ILLINOIS STUDENTS IN THE FIELD OF MASS COMMUNICATIONS WITH REAL-WORLD WORK EXPERIENCE ON OUR STUDENT-LED PROPERTIES. ILLINI MEDIA COMPANY CONSISTS OF THREE DIVISIONS: DAILY ILLINI (STUDENT NEWSPAPER), ILLIO (YEARBOOK), AND WPGU (STUDENT RADIO STATION). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 269049 224804 44245 44245 OPERATING ROU ASSET 320279 320279 SBA LOAN 499900 CAPITAL LEASE OBLIGATION 324733 824633 X 745744 17016 2869 19885 725859 0 725859 822522 2869 2869 819653 0 819653 PART X, LINE 2: ILLINI MEDIA COMPANY IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, ILLINI MEDIA COMPANY IS REQUIRED TO PAY TAXES ON ANY UNRELATED BUSINESS INCOME. MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS OF THE COMPANY AT JULY 31, 2024 AND 2023. THE COMPANY FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND ONE STATE. ERIK RIHA BOARD DIRECTOR 25650 ADVERTISING OF THE ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE SECRETARY AND PRESIDENT, AS SIGNING OFFICERS, REVIEW FORM 990 PRIOR TO SIGNING AND FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C STUDENT STAFF MUST REVIEW THE POLICY ONLINE AND ACCEPT ELECTRONICALLY PRIOR TO THE START OF EMPLOYMENT. THIS IS TRACKED ELECTRONICALLY THROUGH A PORTAL. THE BOARD CONFLICT OF INTEREST POLICY IS DESCRIBED IN THE BYLAWS. THE BYLAWS ARE INSERTED INTO THE BOARD PACKETS. THE BOARD SPECIFICALLY ACCEPTS CHANGES WHEN MADE TO THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE APPROVED AT THE ANNUAL SUMMER MEETING DURING THE EXECUTIVE SESSION. EXECUTIVE DIRECTOR PREPARES PRESENTATION USING COMPILED MEDIA ASSOCIATION DATA REGARDING SIMILAR SIZED ORGANIZATIONS' REVENUE AND SUBSCRIPTIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUESTS ARE DIRECTED TO THE EXECUTIVE DIRECTOR. REQUESTS CAN BE WRITTEN OR VERBAL. THE DOCUMENTS ARE MAINTAINED IN THE STATION AS REQUIRED BY THE FCC. FORM 990, PART IX, LINE 24E PROGRAMMING: PROGRAM SERVICE EXPENSES 1,315. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,315. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. UNIVERSITY OF ILLINOIS AT URBANA-CHAMPAIGN 901 WEST ILLINOIS STREET URBANA IL 61801 376000511 UNIVERSITY IL 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0