Minford Telephone Company

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

EIN: 314148227 ✦ Minford, OH ✦ Designated as a 501(c)(12)

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Overview

What is Minford Telephone Company?

Minford Telephone Company is a cooperative organization that provides essential telecommunication services to its members. Established with the primary purpose of catering to its members' telecommunication needs, the company's programs are solely dedicated to delivering these services. The organization's mission is deeply rooted in ensuring reliable and efficient telecommunication solutions for its members, thus improving their overall communication experience.


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Is Minford Telephone Company legitimate?

Minford Telephone Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Minford Telephone Company 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: $149,567
Professional Fundraising Fees: $0
Other Salaries and Wages: $743,314

For more financial information, click here


Official website here: www.falcon1.net

What is the mission statement of Minford Telephone Company?

The Minford Telephone Company, as a cooperative organization, is committed to providing telecommunications services to its members. Their mission, in essence, revolves around delivering telecommunication solutions to the individuals and entities that are part of their cooperative. The company's activities are solely dedicated to fulfilling this mission, focusing solely on the provision of telecommunication services.


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Who is the CEO of Minford Telephone Company?

David Seidel is the President of Minford Telephone Company.


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What is the revenue of Minford Telephone Company?

Minford Telephone Company's revenue in 2022 was $2,804,262.


Official website here: www.falcon1.net

Who are the executives of Minford Telephone Company and what are their salaries?

The average compensation at Minford Telephone Company during 2022 was $74,407. There are 12 employees at Minford Telephone Company.


Here are 10 key members and their salaries:


Paula Mcgraw (General Mana)
  • Compensation: $124,417
  • Related: $0
  • Other: $0
Richard Powell (Treasurer)
  • Compensation: $3,150
  • Related: $0
  • Other: $0
Mark Risner (Vice Preside)
  • Compensation: $3,150
  • Related: $0
  • Other: $0
Mary Jo Pritchard (Secretary)
  • Compensation: $2,925
  • Related: $0
  • Other: $0
David Seidel (President)
  • Compensation: $2,925
  • Related: $0
  • Other: $0
Jason Cottle (Board Member)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
Marcus Williams (Board Member)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
Shane Mougey (Board Member)
  • Compensation: $2,600
  • Related: $0
  • Other: $0
Craig Veach (Board Member)
  • Compensation: $2,600
  • Related: $0
  • Other: $0
Henry Collins (Board Member)
  • Compensation: $2,200
  • Related: $0
  • Other: $0


Official website here: www.falcon1.net

Where can I find the form 990 for Minford Telephone Company?

Minford Telephone Company's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.falcon1.net

Learn more at the official website: www.falcon1.net

Mission Statement of Minford Telephone Company

Minford Telephone Company, as a cooperative organization, is dedicated to delivering top-notch telecommunications services to its members. Their primary mission is centered around providing reliable telecommunication solutions, ensuring that each member can access these services effectively. The company's programs are solely focused on this mission, with a commitment to upholding the highest standards of telecommunications. By offering these services, Minford Telephone Company aims to enhance its members' communication capabilities and contribute to their overall well-being.

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Impact




October, 2024

Minford Telephone Company plays a crucial role in providing telecommunications services to its cooperative members in Minford, Ohio. By focusing exclusively on enhancing communication capabilities, the company ensures that its members have access to essential services that foster connectivity. This mission not only supports individual members but also strengthens the community by enabling better access to information and facilitating communication. The impact of Minford Telephone Company is evident in its commitment to delivering reliable telecommunications, which is vital for personal, educational, and business-related interactions within the region.




This information is meant to be a general summary of Minford Telephone Company. 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
$2,804,262 (2022)
Expenses
$2,741,433 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $76,961
  • Program Service Revenue: $2,727,301
  • Gross Receipts: $2,804,262

Assets and Liabilities:

  • Total Assets: $39,968,841
  • Total Liabilities: $23,399,572
  • Net Assets: $16,569,269

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Programs

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

S/A REV INTER-NECA

Revenue

$1,143,118

LOCAL SERVICE REVENUE

Revenue

$737,972

INTERSTATE BROADBAND LINE CHG

Revenue

$279,205

END USER REVENUE

Revenue

$274,702

OTHER INCIDENTAL REVENUE

Revenue

$96,018

Organization Details

Founding Year

1955

Principal Officer

David Seidel

Main Address

PO BOX 181, MINFORD, OH, 45653

NTEE Category

Code: W50 - Public benefit

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