TY 2019 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-1150

2019

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
THE CHARLOTTE NEWS

Number and street (or P. O. box, if mail is not delivered to street address)PO BOX 251
Room/suite

City or town, state or province, country, and ZIP or foreign postal code CHARLOTTE, VT05445

D Employer identification number

03-0370291

E Telephone number

(802) 425-4949

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? THE MISSION OF THE CHARLOTTE NEWS IS TO INFORM OUR READERS ABOUT CURRENT EVENTS, ISSUES AND TOPICS, AND TO SERVE AS A FORUM FOR THE FREE EXCHANGE OF VIEWS OF TOWN RESIDENTS AND COMMUNITY VOLUNTEER ORGANIZATIONS ON MATTERS RELATED TO CHARLOTTE AND THE LIVES OF ITS RESIDENTS.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 THE ORGANIZATION PUBLISHES A COMMUNITY BASED NEWSPAPER (CIRCULATION 3,000) DEDICATED TO INFORMING TOWNSPEOPLE OF CURRENT EVENTS AND ISSUES; SERVING AS A FORUM FOR THE FREE EXCHANGE OF VIEWS OF THE TOWN RESIDENTS; AND CELEBRATING THE PEOPLE, PLACES, AND HAPPENINGS THAT MAKE THE TOWN OF CHARLOTTE UNIQUE. (Grants $ 103,294) If this amount includes foreign grants, check here ...			28a
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	103,294

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
ROBERT BLOCH Director	1.00	0
CHRISTINA ASQUITH Director	1.00	0
CLAUDIA MARSHALL Director	1.00	0
GAY REGAN Director	1.00	0
TOM TILLER Director	1.00	0
LANE MORRISON Director	1.00	0
DAVE QUICKEL Director	1.00	0
JOHN QUINNEY Director	1.00	0
VINCENT CROCKENBERG President	1.00	0
JACK FAIRWEATHER Secretary	1.00	0
TED LEBLANC Treasurer	1.00	0

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? If “Yes," complete Schedule L, Part I

40b

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE


Name of organization THE CHARLOTTE NEWS	Employer identification number 03-0370291
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)


Name of organization THE CHARLOTTE NEWS	Employer identification number 03-0370291
Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

Return Reference	Explanation
Other Expenses.1002	Office Expenses $505
Other Expenses.1003	Information Technology $2766
Other Expenses.1009	Depreciation $29
Other Expenses.3	BANK SERVICE CHARGES $1459
Other Expenses.4	INSURANCE $1087
Other Expenses.5	DUES & SUBSCRIPTIONS $799
Other Expenses.6	TELEPHONE $563
Other Expenses.7	ARCHIVE PROJECT $420
Other Expenses.8	PAYROLL SERVICE $389
Other Expenses.9	STATE MINIMUM TAX $350
Other Expenses.10	BAD DEBTS $255
Other Assets.1002	Furniture and Fixtures - Beginning $166 Furniture and Fixtures - Ending $137
Other Assets.1005	Accounts Receivable - Beginning $2125 Accounts Receivable - Ending $4301
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $1957 Accounts Payable and Accrued Expenses - Ending $0
Total Liabilities.1	PAYROLL LIABILITIES - Beginning $1564 PAYROLL LIABILITIES - Ending $2328

Return Reference

Explanation

Other Expenses.1002

Office Expenses $505

Other Expenses.1003

Information Technology $2766

Other Expenses.1009

Depreciation $29

Other Expenses.3

BANK SERVICE CHARGES $1459

Other Expenses.4

INSURANCE $1087

Other Expenses.5

DUES & SUBSCRIPTIONS $799

Other Expenses.6

TELEPHONE $563

Other Expenses.7

ARCHIVE PROJECT $420

Other Expenses.8

PAYROLL SERVICE $389

Other Expenses.9

STATE MINIMUM TAX $350

Other Expenses.10

BAD DEBTS $255

Other Assets.1002

Furniture and Fixtures - Beginning $166 Furniture and Fixtures - Ending $137

Other Assets.1005

Accounts Receivable - Beginning $2125 Accounts Receivable - Ending $4301

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1957 Accounts Payable and Accrued Expenses - Ending $0

Total Liabilities.1

PAYROLL LIABILITIES - Beginning $1564 PAYROLL LIABILITIES - Ending $2328

1	Contributions, gifts, grants, and similar amounts received ....................	1	20,335
2	Program service revenue including government fees and contracts ................	2	79,098
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	99,433

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-3,861
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	8,414
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20	1,156
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	5,709

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	19009923
Software Version:	2019v5.0

Software ID:	19009923
Software Version:	2019v5.0

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	52,163
13	Professional fees and other payments to independent contractors ............	13	13,132
14	Occupancy, rent, utilities, and maintenance ...................	14	5,160
15	Printing, publications, postage, and shipping ...................	15	24,217
16	Other expenses (describe in Schedule O) ...................	16	8,622
17	Total expenses. Add lines 10 through 16 .................	17	103,294


Name of organization THE CHARLOTTE NEWS			Employer identification number 03-0370291
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.