STRATEGY STUDIO / PUBLIC DATA EXPLORER

CUBANET NEWS INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
CUBANET NEWS INC (EIN 65-0615598)
Tax period
2011-04-01 to 2012-03-31
Filed
2013-02-14
IRS object ID
201300459349301105
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-02-14T10:41:42-06:00Timestamp
Tax Period End Date2012-03-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN650643185EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1GARCIA ESPINOSA MIYARES & CO LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1100 ALMERIA AVENUE SUITE 230AddressLine1
CityCORAL GABLESCity
StateFLState
ZIP Code33134ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-04-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN650615598EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1CUBANET NEWS INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlCUBANameControl
Phone3057741887Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 ALMERIA AVENUE NO 202AddressLine1
CityCORAL GABLESCity
StateFLState
ZIP Code33134ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameHUGO LANDAName
TitlePRESIDENTTitle
Phone3057741887Phone
Date Signed2013-02-15DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRAFAEL A ESPINOSA CPAName
PTINP00236590PTIN
Phone3055290345Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonHUGO LANDANameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1100 ALMERIA AVENUE NO 202AddressLine1
CityCORAL GABLESCity
StateFLState
ZIP Code33134ZIPCode
FieldValueIRS element (for citing)
Gross Receipts328650GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1995YearFormation
State Legal DomicileFLStateLegalDomicile
Activity Or Mission DescriptionDISTRIBUTE EDUCATIONAL INFORMATIONActivityOrMissionDescription
Nbr Voting Members Governing Body3NbrVotingMembersGoverningBody
Nbr Independent Voting Members2NbrIndependentVotingMembers
Total Nbr Employees3TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year215634ContributionsGrantsPriorYear
Contributions Grants Current Year328650ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year8InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year215642TotalRevenuePriorYear
Total Revenue Current Year328650TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year128500SalariesEtcPriorYear
Salaries Etc Current Year137617SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year114945OtherExpensePriorYear
Other Expenses Current Year184644OtherExpensesCurrentYear
Total Expenses Prior Year243445TotalExpensesPriorYear
Total Expenses Current Year322261TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-27803RevenuesLessExpensesPriorYear
Revenues Less Expenses CY6389RevenuesLessExpensesCY
Total Assets BOY26202TotalAssetsBOY
Total Assets EOY40277TotalAssetsEOY
Total Liabilities BOY216TotalLiabilitiesBOY
Total Liabilities EOY7902TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY25986NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY32375NetAssetsOrFundBalancesEOY
Mission DescriptionDISTRIBUTE EDUCATIONAL INFORMATIONMissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense125761Expense
Revenue147000Revenue
DescriptionNED-MAKE AVAILABLE TO INTERNATIONAL COMMUNITY VIA INTERNET, INFORMATION FROM INDEPENDENT JOURNALISTS IN CUBADescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense196072Expense
Revenue181650Revenue
DescriptionDRL-PROVIDE INFORMATION TO INTERNATIONAL COMMUNITY VIA INTERNET ARTICLESWRITTEN BY INDEPENDENT JOURNALISTS IN CUBADescription
FieldValueIRS element (for citing)
Total Program Service Expense321833TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt1IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required0ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity0RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10961NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees3NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members3NbrVotingGoverningBodyMembers
Number Independent Voting Members2NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement0RegularMonitoringEnforcement
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledFLStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonRAFAEL ESPINOSA CPANamePerson
Telephone Number3055290345TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1100 ALMERIA AVENUE 230 CORALAddressLine1
CityGABLESCity
StateFLState
ZIP Code33134ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
HUGO A LANDA
EXECUTIVE DIRECTOR40.00XX4650000
JUAN A ESPASANDE
DIRECTOR0.00X000
ROLANDO D MORELLI
DIRECTOR0.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org46500TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation0TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K0TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
Government Grants328650GovernmentGrants
Total Contributions328650TotalContributions

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column328650TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total48450Total
Program Services48450ProgramServices

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total65850Total
Program Services65850ProgramServices

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total14247Total
Program Services14247ProgramServices

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total9070Total
Program Services9070ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total3509Total
Program Services3509ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total25626Total
Program Services25483ProgramServices
Management And General143ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total9900Total
Program Services9900ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total7503Total
Program Services7503ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total660Total
Program Services402ProgramServices
Management And General258ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total639Total
Program Services639ProgramServices

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
CONTRACT LABOR128684128684
COMMUNICATIONS20012001
BANK CHARGES17114427

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total5951Total
Program Services5951ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total322261Total
Program Services321833ProgramServices
Management And General428ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY25594BOY
EOY39016EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis3122LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec1861LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY608BOY
EOY1261EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY26202BOY
EOY40277EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY216BOY
EOY7902EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY216BOY
EOY7902EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY25986BOY
EOY1473EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
EOY30902EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY25986BOY
EOY32375EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY26202BOY
EOY40277EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses6389ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years302968CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years294136CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years244713CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year215634CurrentTaxYearMinus1Year
Current Tax Year328650CurrentTaxYear
Total1386101Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years302968CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years294136CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years244713CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year215634CurrentTaxYearMinus1Year
Current Tax Year328650CurrentTaxYear
Total1386101Total
FieldValueIRS element (for citing)
Public Support Total1701386101PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years215CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years75CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years30CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year9CurrentTaxYearMinus1Year
Total329Total
FieldValueIRS element (for citing)
Total Support1386430TotalSupport
Public Support Pertcentage1700.99980PublicSupportPertcentage170
Public Support Pertcent Prior Year0.99920PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis3122OtherCostOrOtherBasis
Depreciation1861Depreciation
Book Value1261BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings1261TotalOfBookValueLandBuildings
Total Revenue328650TotalRevenue
Total Expenses322261TotalExpenses
Excess Or Deficit For Year6389ExcessOrDeficitForYear
Excess Or Deficit Per FS6389ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt328650TotRevenueEtcAuditedFinclStmt
Revenue Not Rptd F9900RevenueNotRptdF990
Revenue Subtotal328650RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form990328650TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt322261TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F9900ExpensesNotRptdF990
Expenses Subtotal322261ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form990322261TotalExpensesPerForm990

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

FieldValueIRS element (for citing)
RegionCENTRAL AMERICARegion
Number Of Offices0NumberOfOffices
Number Of Employees50NumberOfEmployees
Type Of Activities ConductedPROGRAM SERVICESTypeOfActivitiesConducted
Specific Services ProvidedJOURNALISMSpecificServicesProvided
Total Expenditures78076TotalExpenditures
FieldValueIRS element (for citing)
Subtotal Number Of Offices0SubtotalNumberOfOffices
Subtotal Number Of Employees50SubtotalNumberOfEmployees
Cont Number Of Offices0ContNumberOfOffices
Cont Number Of Employees0ContNumberOfEmployees
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees50TotalNumberOfEmployees
Subtotal Amount Spent78076SubtotalAmountSpent
Cont Amount Spent0ContAmountSpent
Total Amount Spent78076TotalAmountSpent
Transfer To Foreign Corp0TransferToForeignCorp
Interest In Foreign Trust0InterestInForeignTrust
Own Foreign Corp0OwnForeignCorp
Passive Foreign Invest Co0PassiveForeignInvestCo
Foreign Partnership0ForeignPartnership
Boycott Countries0BoycottCountries

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained0RecordsMaintained

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION A, LINE 6ORGANIZED AS A NOT-FOR PROFIT CORPORATION WITH MEMBERS
FORM 990, PART VI, SECTION A, LINE 7AMEMBERS MAY ELECT THE GOVERNING BODY
FORM 990, PART VI, SECTION B, LINE 11OFFICERS RECEIVE A COPY OF FORM 990 AND REVIEW BEFORE FILING.
FORM 990, PART VI, SECTION C, LINE 18990 IS AVAILABLE UPON REQUEST
FORM 990, PART VI, SECTION C, LINE 19YES, UPON REQUEST.