Hemingford Co-Op Telephone Company

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

EIN: 470187450 ✦ Hemingford, NE ✦ Designated as a 501(c)(12)

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Overview

What is Hemingford Co-Op Telephone Company?

Hemingford Co-Op Telephone Company, based in Hemingford, Nebraska, serves as a vital communications provider in the northwestern region of the state. With a workforce of 21 dedicated individuals, this nonprofit organization is committed to delivering telecommunications services to local residents. By operating over a wireline network, they ensure reliable connections for subscribers, contributing to their daily lives and work in the community. This essential service is a testament to Hemingford Co-Op Telephone Company's dedication to enhancing connectivity and communication in the region.

Is Hemingford Co-Op Telephone Company legitimate?

Hemingford Co-Op Telephone Company is a legitimate nonprofit organization registered as a 501(c)(12) entity. Hemingford Co-Op 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $677,031

For more financial information, click here

What is the mission statement of Hemingford Co-Op Telephone Company?

Hemingford Co-Op Telephone Company is committed to providing telecommunications services to the residents in Western Nebraska. Their mission is to ensure reliable communication over a wireline network to their subscribers in Northwest Nebraska. The company's primary goal is to meet the telecommunications needs of its customers in the region. They strive to deliver high-quality services, enabling seamless communication within the community. Their operations aim to bridge the digital gap and enhance connectivity, contributing to a better-connected society.

Who is the CEO of Hemingford Co-Op Telephone Company?

Ryan Gasseling is the Secretary of Hemingford Co-Op Telephone Company.

What is the revenue of Hemingford Co-Op Telephone Company?

Hemingford Co-Op Telephone Company's revenue in 2022 was $2,761,583.

Who are the executives of Hemingford Co-Op Telephone Company and what are their salaries?

The average compensation at Hemingford Co-Op Telephone Company during 2022 was $32,240. There are 21 employees at Hemingford Co-Op Telephone Company.


Here are 7 key members and their salaries:


Brad Delsing (Secretary)
  • Compensation: $3,360
  • Related: $0
  • Other: $0
Greg Hansen (Vice Preside)
  • Compensation: $2,940
  • Related: $0
  • Other: $0
David Roes (Director)
  • Compensation: $2,940
  • Related: $0
  • Other: $0
Ryan Gasseling (President)
  • Compensation: $1,960
  • Related: $0
  • Other: $0
Jessica Davies (Director)
  • Compensation: $1,715
  • Related: $0
  • Other: $0
Ed Wernke (Director)
  • Compensation: $1,715
  • Related: $0
  • Other: $0
Bruce Winten (Director)
  • Compensation: $1,470
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hemingford Co-Op Telephone Company?

Hemingford Co-Op Telephone Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hemingford Co-Op Telephone Company

Hemingford Co-Op Telephone Company is an organization dedicated to providing telecommunications services to residents residing in western Nebraska. Their primary mission is to ensure that subscribers in northwest Nebraska have access to reliable and effective communication services through a wireline network. The company is committed to delivering these services in a manner that meets the varying communication needs of its customers, thereby enhancing their connectivity and overall quality of life.

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Impact




October, 2024

Hemingford Co-Op Telephone Company plays a vital role in enhancing the telecommunications landscape for residents in western Nebraska. By providing wireline communication services, the company ensures that subscribers in the region have access to reliable and efficient connectivity. This service is crucial for both daily activities and emergency situations, enabling effective communication for families, businesses, and local organizations.

With a focus on serving the northwest Nebraska community, Hemingford Co-Op Telephone Company contributes to bridging the digital divide, fostering economic growth, and enhancing the quality of life for its residents. Access to stable telecommunications services can drive business opportunities, improve access to education and healthcare, and strengthen community ties, making the company an essential player in the region's development and well-being.




This information is meant to be a general summary of Hemingford Co-Op 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
$2,761,583 (2022)
Expenses
$2,699,322 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $94,338
  • Program Service Revenue: $2,667,245
  • Gross Receipts: $3,296,140

Assets and Liabilities:

  • Total Assets: $15,824,477
  • Total Liabilities: $4,486,172
  • Net Assets: $11,338,305

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Programs

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

NONMEMBER SOURCED PATRONAGE

Revenue

$2,694,900

MEMBER SOURCED PATRONAGE

Revenue

$508,494

MEMBER SOURCED NONPATRONAGE

Revenue

$1,972

PATRONAGE DIVIDEND

Revenue

-$538,121

Organization Details

Founding Year

1930

Principal Officer

Ryan Gasseling

Main Address

523 NIOBRARA STREET, HEMINGFORD, NE, 69348

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