Overview
What is Progressive Rural Telephone Cooperative Inc?
Progressive Rural Telephone Cooperative Inc is a nonprofit organization based in Rentz, Georgia. Situated in a five-county, 500-square-mile rural area, this cooperative serves its member subscribers primarily in unserved regions. As a qualifying rural telephone cooperative under IRC Section 500(c)(12), it derives at least 85% of its income from subscribers' contributions for covering operational losses and expenses. The Cooperative's mission is to excel as its members' complete communications provider, delivering high-quality services at competitive prices. They operate in a manner that ensures their members have reliable access to essential telecommunications services. With a workforce of 28, the Cooperative is dedicated to meeting its members' communication needs effectively.
Official website here: www.progressivetel.com
Is Progressive Rural Telephone Cooperative Inc legitimate?
Progressive Rural Telephone Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Progressive Rural Telephone Cooperative Inc 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: $283,758
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.progressivetel.com
What is the mission statement of Progressive Rural Telephone Cooperative Inc?
Progressive Rural Telephone Cooperative Inc's mission is centered around serving its members effectively. As their mission statement suggests, the cooperative aims to function as a comprehensive communications provider, delivering high-quality services at affordable prices. The cooperative's operations primarily focus on a rural area, serving its subscribers in a specific five-county region. The organization qualifies under IRC Section 501(c)(12), ensuring that a substantial portion of its income is dedicated to covering operational losses and expenses.
Official website here: www.progressivetel.com
Who is the CEO of Progressive Rural Telephone Cooperative Inc?
Larry Sanders is the Director of Progressive Rural Telephone Cooperative Inc.
Official website here: www.progressivetel.com
What is the revenue of Progressive Rural Telephone Cooperative Inc?
Progressive Rural Telephone Cooperative Inc's revenue in 2022 was $11,560,585.
Official website here: www.progressivetel.com
Who are the executives of Progressive Rural Telephone Cooperative Inc and what are their salaries?
The average compensation at Progressive Rural Telephone Cooperative Inc during 2022 was $10,134. There are 28 employees at Progressive Rural Telephone Cooperative Inc.
Here are 9 key members and their salaries:
- Compensation: $19,212
- Related: $3,600
- Other: $0
- Compensation: $19,212
- Related: $3,600
- Other: $0
- Compensation: $19,212
- Related: $3,600
- Other: $0
- Compensation: $19,212
- Related: $3,600
- Other: $0
- Compensation: $18,300
- Related: $3,600
- Other: $0
- Compensation: $18,300
- Related: $3,600
- Other: $0
- Compensation: $19,060
- Related: $3,600
- Other: $0
- Compensation: $18,300
- Related: $3,000
- Other: $0
- Compensation: $132,950
- Related: $0
- Other: $0
Official website here: www.progressivetel.com
Where can I find the form 990 for Progressive Rural Telephone Cooperative Inc?
Progressive Rural Telephone Cooperative Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.progressivetel.com
Learn more at the official website: www.progressivetel.com
Mission Statement of Progressive Rural Telephone Cooperative Inc
Progressive Rural Telephone Cooperative Inc, a rural telecommunications service provider, is dedicated to being its members' comprehensive communications solution. This mission is centered around delivering top-notch services at affordable prices. The cooperative, qualified under IRC Section 501(c)(12), primarily serves its subscribers in a five-county, spanning over 500 square miles, predominantly rural area in southeast Georgia. The cooperative's primary source of income is collected from its member subscribers, primarily for the purpose of offsetting losses and covering expenses.
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Impact
October, 2024
Progressive Rural Telephone Cooperative Inc has a significant impact on the communities it serves by delivering essential telecommunications services to a primarily rural population in southeast Georgia. Operating within a five-county, 500 square mile area, the Cooperative addresses critical connectivity gaps that are often overlooked in rural regions. By providing reliable phone and internet services, it enhances communication accessibility for its member subscribers, fostering economic development, education, and social engagement.
The Cooperative's commitment to offering quality services at competitive prices ensures that essential communication tools are affordable and available to its members, which is crucial in a digitally connected world. This dedication not only supports individual households but also contributes to the overall well-being of the community by promoting digital inclusion and enabling local businesses to thrive. Overall, Progressive Rural Telephone Cooperative plays a vital role in bridging the digital divide and empowering rural residents through improved communication services.
This information is meant to be a general summary of Progressive Rural Telephone Cooperative Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,292
- Program Service Revenue: $11,032,291
- Gross Receipts: $11,560,585
Assets and Liabilities:
- Total Assets: $35,185,220
- Total Liabilities: $8,060,972
- Net Assets: $27,124,248
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNREGULATED REVENUES
Revenue
$5,298,055
NETWORK ACCESS SERVICE
Revenue
$4,789,558
LOCAL NETWORK SERVICES
Revenue
$929,942
CARRIER BILLING & COLLECTION REV
Revenue
$14,736
Organization Details
Founding Year
1953
Phone
(478) 984-4201Principal Officer
Larry Sanders
Main Address
PO BOX 98, RENTZ, GA, 31075
Website
www.progressivetel.comNTEE Category
Code: W50 - Public benefit
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