Cooperative Telephone Company

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

EIN: 420803307 ✦ Victor, IA ✦ Designated as a 501(c)(12)

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Overview

What is Cooperative Telephone Company?

Cooperative Telephone Company is a service-oriented organization, primarily dedicated to telecommunications. Based on the provided information, this nonprofit's primary role is to cater to its member subscribers, offering a range of telecommunication services such as local exchange, toll services, terminal equipment, internet, PCS, and cable television. Their mission is centered around ensuring quality in all these services, aiming to meet the diverse needs of their members effectively.


Official website here: www.cooperativetelephone.com

Is Cooperative Telephone Company legitimate?

Cooperative Telephone Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. 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: $141,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $418,479

For more financial information, click here


Official website here: www.cooperativetelephone.com

What is the mission statement of Cooperative Telephone Company?

The Cooperative Telephone Company's mission is centered around providing telecommunications services to its member subscribers. Their objective extends beyond basic communication, encompassing the delivery of high-quality local exchange, toll, and cable television services. They also offer terminal equipment for sale or lease, along with internet and PCS services. This company is committed to meeting its members' communication needs comprehensively.


Official website here: www.cooperativetelephone.com

Who is the CEO of Cooperative Telephone Company?

Scott Schabacker is the Director/President of Cooperative Telephone Company.


Official website here: www.cooperativetelephone.com

What is the revenue of Cooperative Telephone Company?

Cooperative Telephone Company's revenue in 2020 was $3,362,885.


Official website here: www.cooperativetelephone.com

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




Official website here: www.cooperativetelephone.com

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

Cooperative Telephone Company's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.cooperativetelephone.com

Learn more at the official website: www.cooperativetelephone.com

Mission Statement of Cooperative Telephone Company

Cooperative Telephone Company, a telecommunications service provider, is dedicated to fulfilling the needs of its member subscribers. Their mission is multifaceted, encompassing the provision of top-notch local exchange services, toll services, terminal equipment for sale or lease, internet services, PCS services, and cable television service. The company's ultimate goal is to ensure the delivery of high-quality telecommunications services to its valued members.

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Impact




October, 2024

Cooperative Telephone Company significantly enhances the telecommunications landscape for its member subscribers in Victor, Iowa. By providing a comprehensive range of services—including local exchange services, toll services, internet access, PCB services, and cable television—it ensures that the community has access to reliable and quality communication options. This commitment not only bridges connectivity gaps but also supports local economic development by enabling individuals and businesses to stay connected. Moreover, the company's focus on offering terminal equipment for sale or lease further empowers subscribers to optimize their telecommunications experience. Overall, Cooperative Telephone Company plays a vital role in fostering a connected, informed, and engaged community.




This information is meant to be a general summary of 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
$3,221,068 (2021)
Expenses
$2,678,195 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $141,521
  • Program Service Revenue: $3,070,080
  • Gross Receipts: $3,362,885

Assets and Liabilities:

  • Total Assets: $15,965,602
  • Total Liabilities: $7,050,891
  • Net Assets: $8,914,711

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Programs

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

TELECOM SERVICES

Revenue

$3,059,846

ADVERTISING

Revenue

$10,234

Organization Details

Founding Year

1956

Principal Officer

Scott Schabacker

Main Address

704 3RD STREET PO BOX H, VICTOR, IA, 52347

NTEE Category

Code: W50 - Public benefit

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