New Hope Telephone Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300316192 ✦ New hope, VA ✦ Designated as a 501(c)(12)

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Overview

What is New Hope Telephone Cooperative?

New Hope Telephone Cooperative is a community-focused organization that aims to cater to the communication needs of its 701 members. Situated within its service area, this cooperative is dedicated to supplying top-notch telephone and broadband services. Their mission is to create and sustain a superior communications system, tailoring their offerings to meet their customers' requirements as efficiently as possible.


Official website here: www.newhopetel.net

Is New Hope Telephone Cooperative legitimate?

New Hope Telephone Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. New Hope Telephone Cooperative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $97,969
Professional Fundraising Fees: $0
Other Salaries and Wages: $114,191

For more financial information, click here


Official website here: www.newhopetel.net

What is the mission statement of New Hope Telephone Cooperative?

New Hope Telephone Cooperative is dedicated to establishing and sustaining a top-notch communications infrastructure for its customer base. By offering viable solutions to their communication requirements, the cooperative endeavors to meet as many of its customers' needs as possible. Serving a membership of 701 individuals within its service area, New Hope Telephone Cooperative provides both telephone and broadband services.


Official website here: www.newhopetel.net

Who is the CEO of New Hope Telephone Cooperative?

Timothy Harris is the President of New Hope Telephone Cooperative.


Official website here: www.newhopetel.net

What is the revenue of New Hope Telephone Cooperative?

New Hope Telephone Cooperative's revenue in 2022 was $2,140,904.


Official website here: www.newhopetel.net

Who are the executives of New Hope Telephone Cooperative and what are their salaries?

The average compensation at New Hope Telephone Cooperative during 2022 was $53,040. There are 4 employees at New Hope Telephone Cooperative.


Here are 11 key members and their salaries:


Larry Powell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Phillips (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Smiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Hepler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Wise (Director (Through March 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Crickenberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Deitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Flora (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Wymer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Harris (General Manager)
  • Compensation: $75,821
  • Related: $0
  • Other: $14,940
Laurie Hensley (Secretary/Treasurer)
  • Compensation: $51,487
  • Related: $0
  • Other: $13,564


Official website here: www.newhopetel.net

Where can I find the form 990 for New Hope Telephone Cooperative?

New Hope Telephone Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newhopetel.net

Learn more at the official website: www.newhopetel.net

Mission Statement of New Hope Telephone Cooperative

New Hope Telephone Cooperative is committed to establishing and preserving a superior communications infrastructure for its customer base. Their mission is to address the communication requirements of their 701 members in a practical manner, offering both telephone and broadband services. The cooperative strives to create and maintain a reliable communication system, aiming to fulfill as many communication needs as possible for its customers.

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Impact




October, 2024

New Hope Telephone Cooperative has a significant impact by enhancing communication accessibility and quality for its members in New Hope, Virginia. With a focus on creating and maintaining a reliable communications system, the cooperative serves 701 members, ensuring they have the necessary tools to meet their communication needs.

By providing telephone and broadband services, New Hope Telephone Cooperative plays a crucial role in connecting residents and businesses, fostering a sense of community and supporting local economic growth. The practical solutions offered by the cooperative make it possible for members to stay informed, connected, and engaged in an increasingly digital world. This commitment to quality communication helps bridge the digital divide, empowering individuals and businesses with the resources they need to thrive.




This information is meant to be a general summary of New Hope Telephone Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,140,904 (2022)
Expenses
$2,015,253 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $154,747
  • Program Service Revenue: $1,988,062
  • Gross Receipts: $2,273,014

Assets and Liabilities:

  • Total Assets: $10,490,010
  • Total Liabilities: $5,328,909
  • Net Assets: $5,161,101

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NETWORK ACCESS SERVICE

Revenue

$1,429,632

BROADBAND REVENUE SERV

Revenue

$373,688

LOCAL NETWORK SERVICE

Revenue

$107,375

MISCELLANEOUS

Revenue

$75,197

LONG DISTANCE NETWORK

Revenue

$2,170

Organization Details

Founding Year

1902

Principal Officer

Timothy Harris

Main Address

PO BOX 66, NEW HOPE, VA, 24469

NTEE Category

Code: W50 - Public benefit

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