Overview
What is New Hope Telephone Cooperative?
New Hope Telephone Cooperative is a nonprofit organization based in New Hope, Alabama. Their primary mission is to provide telecommunication services to the rural community within their service area. With a team of 38 employees, the cooperative is dedicated to connecting its members to essential communication services. The cooperative's purpose, as stated in the description, is to ensure that residents in the rural region have access to reliable telecommunication solutions.
Is New Hope Telephone Cooperative legitimate?
New Hope Telephone Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. New Hope 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: $455,098
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of New Hope Telephone Cooperative?
New Hope Telephone Cooperative is dedicated to delivering telecommunication services to its rural community members. Its primary goal is to ensure that its cooperative members have access to reliable telecommunication services. The cooperative's mission is to provide essential telecommunication services, enabling members to stay connected and engaged with the world. By focusing on this essential need, New Hope Telephone Cooperative plays a vital role in enhancing the quality of life for its rural community. The cooperative's commitment to its members extends beyond just providing services, as it strives to maintain a strong connection with the community and keep them informed about the latest advancements in telecommunication technology. Additionally, the cooperative offers customer support and assistance to help members make the most of their telecommunication services. Overall, New Hope Telephone Cooperative is dedicated to bridging the digital divide for its rural community members, ensuring they have access to essential telecommunication services.
Who is the CEO of New Hope Telephone Cooperative?
Garland Elders is the President of New Hope Telephone Cooperative.
What is the revenue of New Hope Telephone Cooperative?
New Hope Telephone Cooperative's revenue in 2022 was $13,040,075.
Who are the executives of New Hope Telephone Cooperative and what are their salaries?
The average compensation at New Hope Telephone Cooperative during 2022 was $11,976. There are 38 employees at New Hope Telephone Cooperative.
Here are 12 key members and their salaries:
- Compensation: $194,494
- Related: $0
- Other: $0
- Compensation: $130,421
- Related: $0
- Other: $0
- Compensation: $17,474
- Related: $0
- Other: $0
- Compensation: $17,175
- Related: $0
- Other: $0
- Compensation: $14,977
- Related: $0
- Other: $0
- Compensation: $13,733
- Related: $0
- Other: $0
- Compensation: $12,765
- Related: $0
- Other: $0
- Compensation: $12,089
- Related: $0
- Other: $0
- Compensation: $12,008
- Related: $0
- Other: $0
- Compensation: $11,600
- Related: $0
- Other: $0
- Compensation: $11,262
- Related: $0
- Other: $0
- Compensation: $7,100
- Related: $0
- Other: $0
Where can I find the form 990 for New Hope Telephone Cooperative?
New Hope Telephone Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Hope Telephone Cooperative
New Hope Telephone Cooperative, a notable nonprofit organization, is dedicated to delivering telecommunication services to its rural member base. With a mission to connect and communicate, the Cooperative goes above and beyond to ensure its members have access to essential telecommunication resources.
The organization's primary purpose is to facilitate seamless communication amongst its rural community members. By providing telecommunication services, New Hope Telephone Cooperative empowers its members to stay connected with their loved ones, conduct business transactions, and access vital information. This vital service is a lifeline for those living in remote areas where access to traditional telecommunication infrastructure may be limited or nonexistent.
New Hope Telephone Cooperative's commitment to its members extends beyond just providing telecommunication services. The Cooperative's team works tirelessly to ensure the services are reliable, efficient, and affordable for all. With a strong belief that everyone deserves the opportunity to be connected, New Hope Telephone Cooperative is an invaluable resource for its community. In essence, the Cooperative is more than just a telecommunications provider – it's a bridge that connects people, enabling them to build stronger relationships, thrive in their daily lives, and contribute to their communities.
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Impact
October, 2024
New Hope Telephone Cooperative plays a crucial role in enhancing connectivity and communication for its members in the rural service area of New Hope, Alabama. By providing reliable telecommunication services, it fosters access to essential communication tools that are vital for both personal and professional needs.
The cooperative addresses the unique challenges faced by rural communities in terms of telecommunication infrastructure, ensuring that residents can stay connected with each other and the wider world. This connectivity is essential for education, business opportunities, and emergency services, significantly improving the quality of life for its members.
Additionally, New Hope Telephone Cooperative's commitment to serving its rural community fosters local economic development. By enhancing access to digital communications, it empowers local businesses and residents to participate more fully in an increasingly digital economy. The cooperative's mission supports not only individual needs but also contributes to the overall growth and resilience of the New Hope area.
This information is meant to be a general summary of New Hope 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $161,482
- Program Service Revenue: $12,870,073
- Gross Receipts: $13,040,075
Assets and Liabilities:
- Total Assets: $39,373,996
- Total Liabilities: $4,303,626
- Net Assets: $35,070,370
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TELEPHONE SERVICE
Revenue
$12,870,073
Organization Details
Founding Year
1951
Phone
(256) 723-4211Principal Officer
Garland Elders
Main Address
PO BOX 452, NEW HOPE, AL, 35760
NTEE Category
Code: W50 - Public benefit
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