Grand Mound Cooperative Telephone Association

Grand Mound Communications

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

EIN: 420652325 ✦ Grand mound, IA ✦ Designated as a 501(c)(12)

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Overview

What is Grand Mound Cooperative Telephone Association?

Grand Mound Cooperative Telephone Association, operating under the name Grand Mound Communications, is a nonprofit organization situated in Grand Mound, Iowa. With a team of six dedicated individuals, they provide essential telecommunication services to over 1,000 residential and business customers in the areas of Clinton, DeWitt, and Grand Mound. Their mission is to meet the telecommunications needs of their cooperative members, utilizing cutting-edge technology, services, and value. The services they offer include high-speed internet, voice service, and video service, ensuring their customers remain connected in today's digital world.


Official website here: www.gmtel.net

What do the Facebook reviews say about Grand Mound Cooperative Telephone Association?

While the Grand Mound Cooperative Telephone Association has not yet received an official rating due to limited reviews, the existing comments provide some insights. One reviewer expressed dissatisfaction with the fiber optic internet service, citing difficulties in streaming even standard definition movies. This feedback suggests there may be concerns regarding the reliability and performance of their service.

Overall, it appears there is a level of frustration regarding the internet quality provided by the cooperative, indicating that improvements might be necessary to meet user expectations. As the organization continues to develop, gathering more diverse reviews will be crucial to forming a clearer picture of customer satisfaction and service effectiveness.


This AI summary has been generated from reviews found on Facebook.

Is Grand Mound Cooperative Telephone Association legitimate?

Grand Mound Cooperative Telephone Association is a legitimate nonprofit organization registered as a 501(c)(12) entity. Grand Mound Cooperative Telephone Association 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: $109,324
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.gmtel.net

What is the mission statement of Grand Mound Cooperative Telephone Association?

The Grand Mound Cooperative Telephone Association's mission is to cater to the telecommunications needs of its cooperative members, utilizing advanced technology, services, and offering value. They aim to serve over 1,000 customers in the regions of Clinton, DeWitt, and Grand Mound, providing them with residential and business services such as high-speed internet, voice service, and video service. The association's primary objective is to deliver leading-edge telecommunications solutions to meet the evolving needs of its members.


Official website here: www.gmtel.net

Who is the CEO of Grand Mound Cooperative Telephone Association?

Travis Ballou is the President of Grand Mound Cooperative Telephone Association.


Official website here: www.gmtel.net

What is the revenue of Grand Mound Cooperative Telephone Association?

Grand Mound Cooperative Telephone Association's revenue in 2022 was $2,486,757.


Official website here: www.gmtel.net

Who are the executives of Grand Mound Cooperative Telephone Association and what are their salaries?

The average compensation at Grand Mound Cooperative Telephone Association during 2022 was $18,221. There are 6 employees at Grand Mound Cooperative Telephone Association.


Here are 8 key members and their salaries:


Harry Slaymaker (President)
  • Compensation: $1,425
  • Related: $0
  • Other: $0
David Schnack (Vice President)
  • Compensation: $1,325
  • Related: $0
  • Other: $0
Greg Adams (Secretary/Treasurer)
  • Compensation: $1,225
  • Related: $0
  • Other: $0
Kurt Olson (Director)
  • Compensation: $915
  • Related: $0
  • Other: $0
Kurt Crosthwaite (Director)
  • Compensation: $1,255
  • Related: $0
  • Other: $0
Ashley Smith (Director)
  • Compensation: $1,255
  • Related: $0
  • Other: $0
Tom Michoski (Director)
  • Compensation: $1,165
  • Related: $0
  • Other: $0
Terri Bumann (Office Manager/Cfo)
  • Compensation: $75,803
  • Related: $0
  • Other: $24,956


Official website here: www.gmtel.net

Where can I find the form 990 for Grand Mound Cooperative Telephone Association?

Grand Mound Cooperative Telephone Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.gmtel.net

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

Mission Statement of Grand Mound Cooperative Telephone Association

The Grand Mound Cooperative Telephone Association, in its mission, aims to cater to the telecommunications requirements of its cooperative members. Employing cutting-edge technology and services, the association strives to deliver value beyond expectations. Their objective is to satisfy the needs of residential and business clients, providing them with high-speed internet, voice services, and video services. With a commitment to innovation and service excellence, the Grand Mound Cooperative Telephone Association serves over a thousand customers in the Clinton, DeWitt, and Grand Mound areas.

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Impact




October, 2024

Grand Mound Cooperative Telephone Association significantly enhances the telecommunications landscape for its members in Grand Mound, Clinton, and DeWitt, Iowa. By offering high-speed internet, voice, and video services, it caters to the diverse needs of over 1,000 customers. This commitment to providing leading-edge technology ensures that both residential and business clients have access to reliable and efficient communication tools. The organization's focus on delivering value and innovative solutions helps connect the community, fostering economic growth and improving the quality of life for its members. With a mission centered on meeting the telecommunications needs of the cooperative, Grand Mound Cooperative Telephone Association stands as a crucial asset in the region.




This information is meant to be a general summary of Grand Mound Cooperative Telephone Association. 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
$2,486,757 (2022)
Expenses
$2,638,706 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $108,267
  • Program Service Revenue: $2,354,345
  • Gross Receipts: $2,486,757

Assets and Liabilities:

  • Total Assets: $6,498,449
  • Total Liabilities: $1,147,750
  • Net Assets: $5,350,699

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Programs

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

TELEPHONE SERVICES

Revenue

$2,351,038

ADVERTISING INCOME

Revenue

$3,307

Organization Details

Founding Year

1947

Principal Officer

Travis Ballou

Main Address

705 CLINTON STREET, GRAND MOUND, IA, 52751

NTEE Category

Code: W50 - Public benefit

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