Kalona Cooperative Telephone Company

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

EIN: 420650488 ✦ Kalona, IA ✦ Designated as a 501(c)(12)

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Overview

What is Kalona Cooperative Telephone Company?

Kalona Cooperative Telephone Company is a nonprofit organization situated in Kalona, Iowa. With a team of 24 dedicated individuals, its primary mission is to offer high-quality telecommunication services to its member subscribers. These services encompass local exchange services, toll services, terminal equipment sales or leases, internet services, PCS services, installation and maintenance of customer premise wiring, video services, and various other telecommunications-related services. The company is committed to providing reliable and comprehensive telecommunication solutions to its members, continually striving to meet their evolving needs.

Is Kalona Cooperative Telephone Company legitimate?

Kalona Cooperative Telephone Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Kalona Cooperative 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: $253,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kalona Cooperative Telephone Company?

The Kalona Cooperative Telephone Company's mission is centered around providing telecommunication services to its members. In pursuit of this goal, the cooperative offers a variety of services such as local exchange, toll services, terminal equipment, internet, PCS, installation and maintenance of customer premise wiring, video services, and other miscellaneous services for quality telecommunications. The company's objective is to deliver these services of high quality to its subscriber members.

Who is the CEO of Kalona Cooperative Telephone Company?

Casey Peck is the Vice President of Kalona Cooperative Telephone Company.

What is the revenue of Kalona Cooperative Telephone Company?

Kalona Cooperative Telephone Company's revenue in 2022 was $7,984,375.

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

The average compensation at Kalona Cooperative Telephone Company during 2022 was $10,572. There are 24 employees at Kalona Cooperative Telephone Company.


Here are 9 key members and their salaries:


Steve Rich (Vice President)
  • Compensation: $8,287
  • Related: $0
  • Other: $0
Atlee Yoder (Secretary)
  • Compensation: $10,867
  • Related: $0
  • Other: $0
Steve Yotty (President)
  • Compensation: $8,547
  • Related: $0
  • Other: $0
Curt Wyse (Director)
  • Compensation: $9,567
  • Related: $0
  • Other: $0
Keith Troyer (Director)
  • Compensation: $6,800
  • Related: $0
  • Other: $0
Jeremy Kuenster (Director)
  • Compensation: $6,800
  • Related: $0
  • Other: $0
Luke Horak (Director)
  • Compensation: $9,400
  • Related: $0
  • Other: $0
Casey Peck (Cfo/General Manager)
  • Compensation: $174,145
  • Related: $0
  • Other: $42,303
Jeremy Gugel (Assistant Manager)
  • Compensation: $115,055
  • Related: $0
  • Other: $31,890
Where can I find the form 990 for Kalona Cooperative Telephone Company?

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

Mission Statement of Kalona Cooperative Telephone Company

Kalona Cooperative Telephone Company, as a mission-driven organization, is committed to providing telecommunication services to its members. In essence, its primary objective is to ensure that its subscribers have access to a variety of quality telecommunication services, including local exchange services, toll services, terminal equipment for sale or lease, internet services, PCS services, installation, and maintenance of customer premise wiring, video services, and other miscellaneous services for reliable telecommunications. By offering these services, Kalona Cooperative Telephone Company aims to enhance the communication capabilities of its members, thereby facilitating their daily lives.

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Impact




October, 2024

Kalona Cooperative Telephone Company significantly enhances the quality of life in Kalona, Iowa, by delivering essential telecommunication services to its members. The cooperative is dedicated to providing a wide array of services, including local exchange and toll services, internet connectivity, portable communications services (PCS), and video services.

By facilitating reliable communication infrastructure, the company supports both personal connectivity and local businesses, fostering economic growth within the community. Its offerings also include terminal equipment sales or leases and comprehensive installation and maintenance of customer premise wiring, ensuring that members have access to high-quality, dependable telecommunication solutions. The cooperative's commitment to public benefit is evident in its mission to enhance connectivity and accessibility, making it a vital resource for residents and businesses alike in the region.




This information is meant to be a general summary of Kalona Cooperative 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
$7,984,375 (2022)
Expenses
$7,963,616 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $155,869
  • Program Service Revenue: $7,664,993
  • Gross Receipts: $7,987,174

Assets and Liabilities:

  • Total Assets: $19,410,393
  • Total Liabilities: $8,412,104
  • Net Assets: $10,998,289

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Programs

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

TELECOMMUNICATION SERV

Revenue

$7,664,993

Organization Details

Founding Year

1905

Principal Officer

Casey Peck

Main Address

510 B AVENUE, KALONA, IA, 52247

NTEE Category

Code: W50 - Public benefit

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