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Cenic California Middle Mile Broadband Initiative Llc
Also known as Goldenstatenet
Cenic California Middle Mile Broadband Initiative Llc reported $16.9 million in revenue and $15.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.45 went to program services, $7.55 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.8% of the total. Government grants made up 99.8%. The highest compensation it reported for one person was $658,727 (CEO). 19 people received more than $100,000 in reportable compensation. Revenue rose 64% between FY2022 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 185 covered public & societal benefit charities: $88.81 programs, $11.18 management, $0.01 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.5% | 84.9% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.5% | 10.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.8% | 83.8% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 99.8% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $658,727 | $357,133 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.33% | 1.52% |
| People paid over $100,000 Part VII, line 2 | 19 | 12 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.8 | 10.5 |
| Independent voting board members Part VI 1a–1b | 18 of 19 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseCenic formed goldenstatenet to build affordable open-access broadband connections through middle-mile infrastructure across california. The Middle Mile provides vital connections between the global internet and last mile providers. The effort prioritizes areas that have no access to the global internet or slow and ineffective connections. This leaves many households and community anchor institutions at a severe disadvantage as they are unable to take advantage of broadband-enabled services such as telehealth, remote work, and remote educational environments. Goldenstatenet intends to work…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Director/trustee, officer, 1.50 hrs/week | $0 | $588,804 | $69,923 | $658,727 |
| SVP TRIBAL RELATIONS Highest compensated employee, 40.00 hrs/week | $494,460 | $0 | $39,100 | $533,560 |
| PRESIDENT & COO Officer, 40.00 hrs/week | $447,000 | $0 | $30,500 | $477,500 |
| VP OF SALES & BD (THRU 2/21/25) Highest compensated employee, 40.00 hrs/week | $396,611 | $0 | $69,606 | $466,217 |
| DIRECTOR OF PRODUCT MGMT Highest compensated employee, 40.00 hrs/week | $227,145 | $0 | $51,465 | $278,610 |
| CIO Highest compensated employee, 40.00 hrs/week | $244,107 | $0 | $11,000 | $255,107 |
| MANAGER, PMO Highest compensated employee, 40.00 hrs/week | $171,861 | $0 | $20,612 | $192,473 |
19 people received more than $100,000 in reportable compensation from Cenic California Middle Mile Broadband Initiative Llc (Part VII, line 2). Compensation of current officers, directors and key employees totaled $460K (Part IX, line 5).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b19 · 18 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 523
- Volunteers Part I, line 618
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FRIEDMAN & SPRINGWATER Legal consulting | $2,686,333 |
| WEAVER TIDWELL LLP Accounting services | $216,942 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Cenic California Middle Mile Broadband Initiative Llc's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cenic California Middle Mile Broadband Initiative Llc, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Cenic California Middle Mile Broadband Initiative Llc spent in FY2025, $92.45 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Cenic California Middle Mile Broadband Initiative Llc's spending goes to programs?
In the fiscal year ending June 30, 2025, Cenic California Middle Mile Broadband Initiative Llc reported that 92.5% of its $15.2 million in expenses went to program services, 7.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Cenic California Middle Mile Broadband Initiative Llc pay its top executive?
The largest total compensation Cenic California Middle Mile Broadband Initiative Llc reported for one person in the fiscal year ending June 30, 2025 was $658,727, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Cenic California Middle Mile Broadband Initiative Llc get its money?
Of $16.9 million in revenue in the fiscal year ending June 30, 2025, 99.8% came from contributions and grants (including 99.8% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Cenic California Middle Mile Broadband Initiative Llc a registered charity?
The IRS lists EIN 87-2397970 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631349349308838 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349310986 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349311064 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202323479349301237 · read the filing
All filings for EIN 87-2397970: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.