Telephone Association
- Assets
- $191.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norway, ME
- Founding
- 04/1966
- Data as of
- 12/2023
- EIN
- 01-6013593
Organization Overview
Telephone Association is located in Norway, ME. The organization was established in 1966. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Telephone Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Telephone Association generated $105.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $79.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TAM HIRED PRETI FLAHERTY TO REPRESENT TAM AT THE LEGISLATURE FOR PROFESSIONAL LOBBYING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trina Bragdon Vice President | 1 | $0 | |
Pamela Holley Secretary/treasurer | 1 | $0 | |
Angie Dickison Director | 1 | $0 | |
Karla Frederick Director | 1 | $0 | |
Maureen Hopkins Director | 1 | $0 | |
Heidi Mahoney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $105,000 |
| Investment income | $52 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $4 |
| Total Revenue | $105,056 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $77,730 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,031 |
| Total expenses | $79,761 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,087 |
| Other assets | $0 |
| Total assets | $191,078 |
| Total liabilities | $6,210 |
| Net assets or fund balances | $184,868 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthinfonet New Gloucester, ME | $4,882,369 | $4,705,265 |
Tor Project Inc Winchester, NH | $5,250,136 | $5,999,891 |
Manchester Public Television Service Inc Manchester, NH | $11,849 | $473,048 |
Telephone Association Norway, ME | $191,078 | $0 |
Clearview Community Television Services Sanbornville, NH | $11,020 | $0 |
Old Town-Orono Fiber Corporation Orono, ME | $3,341 | $0 |