Buggs Island Telephone Cooperative

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

EIN: 546004683 ✦ Bracey, VA ✦ Designated as a 501(c)(12)

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Overview

What is Buggs Island Telephone Cooperative?

Buggs Island Telephone Cooperative is a nonprofit organization that primarily focuses on providing telecommunications services to its members exclusively. This cooperative operates under the mission of delivering public utility telecommunications to its member base. Although the information provided does not specify its scope or impact beyond this, it's clear that Buggs Island Telecommunications aims to connect and communicate with its members effectively through advanced telecommunications services.


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Is Buggs Island Telephone Cooperative legitimate?

Buggs Island Telephone Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. Buggs Island Telephone Cooperative 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: $77,622
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,083

For more financial information, click here


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What is the mission statement of Buggs Island Telephone Cooperative?

The mission of Buggs Island Telephone Cooperative, as stated, is centered around providing public utility telecommunications services exclusively to its members. This nonprofit organization's primary objective is to serve its member base with telecommunications services. Regrettably, due to the information provided, it is unavailable to elaborate further on the specifics of how they aim to achieve this mission or any additional details about their operations.


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Who is the CEO of Buggs Island Telephone Cooperative?

Michele Taylor is the General Manager/Asst Secretary of Buggs Island Telephone Cooperative.


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What is the revenue of Buggs Island Telephone Cooperative?

Buggs Island Telephone Cooperative's revenue in 2020 was $1,161,607.


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

The average compensation at Buggs Island Telephone Cooperative during 2020 was $15,514. There are 15 employees at Buggs Island Telephone Cooperative.


Here are 11 key members and their salaries:


Michele Taylor (General Manager/Asst Secretary)
  • Compensation: $29,871
  • Related: $0
  • Other: $8,531
Carolyn Piercy (Assistant Treasurer)
  • Compensation: $20,163
  • Related: $0
  • Other: $7,433
Joseph Hutson (Director)
  • Compensation: $1,916
  • Related: $0
  • Other: $0
Jason Hite (Secretary)
  • Compensation: $1,901
  • Related: $0
  • Other: $0
Jerry Jones (Director)
  • Compensation: $1,607
  • Related: $0
  • Other: $0
Cheryl Field (Treasurer)
  • Compensation: $1,265
  • Related: $0
  • Other: $0
Edsel Smith Jr (Director)
  • Compensation: $1,059
  • Related: $0
  • Other: $0
H Elizabeth Farrar-Clary (Director)
  • Compensation: $1,058
  • Related: $0
  • Other: $0
Melissa Hartmen (Director)
  • Compensation: $1,058
  • Related: $0
  • Other: $0
Randolph Hite (Vice President)
  • Compensation: $1,052
  • Related: $0
  • Other: $0
Linsey Carroll (President)
  • Compensation: $707
  • Related: $0
  • Other: $0


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Where can I find the form 990 for Buggs Island Telephone Cooperative?

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


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Mission Statement of Buggs Island Telephone Cooperative

Buggs Island Telephone Cooperative, as a nonprofit entity, was dedicated to providing telecommunications services exclusively to its members. Its mission, in simple terms, was to act as a public utility, delivering telecommunications capabilities to its member base. This mission was central to the cooperative's operations, ensuring that it catered to the communication needs of its members effectively and efficiently. Regrettably, it appears that this nonprofit is no longer active or in operation, preventing us from delving further into its specific initiatives and achievements.

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Impact




October, 2024

Buggs Island Telephone Cooperative had a significant impact on the local community by providing essential public utility telecommunications services exclusively to its members. Based in Bracey, Virginia, the cooperative played a vital role in keeping residents connected, facilitating communication, and enhancing access to information. By focusing on the needs of its members, the cooperative fostered a sense of community and supported local development. Its services contributed to the overall quality of life in the region, ensuring that residents had the necessary tools to engage with both local and broader markets. Even though it is no longer active, the legacy of Buggs Island Telephone Cooperative reflects the importance of accessible telecommunications in rural areas.




This information is meant to be a general summary of Buggs Island Telephone Cooperative. 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
$1,161,607 (2020)
Expenses
$925,350 (2020)
Efficiency

Other financial information:

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

  • Investment Income: $18,888
  • Program Service Revenue: $1,132,988
  • Gross Receipts: $1,163,524

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

LOCAL SERVICE REVENUE

Revenue

$177,189

NETWORK ACCESS REVENUE

Revenue

$409,467

INTERNET REVENUE

Revenue

$361,374

TOLL REVENUE

Revenue

$38,868

OTHER REVENUE

Revenue

$137,535

Organization Details

Founding Year

1950

Principal Officer

Michele Taylor

Main Address

100 NELLIE JONES ROAD PO BOX 129, BRACEY, VA, 23919

NTEE Category

Code: W50 - Public benefit

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