West Central Telephone Association
- Assets
- $34.0m
- Revenue
- $12.3m
- Investments
- $3.8m
- Employees
- 29
- Location
- Sebeka, MN
- Founding
- 09/1960
- Data as of
- 12/2020
- EIN
- 41-0722430
Organization Overview
West Central Telephone Association is located in Sebeka, MN. The organization was established in 1960. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2020, West Central Telephone Association employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Central Telephone Association is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2020, West Central Telephone Association generated $12.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $11.1m during the year ending 12/2020. While expenses have increased by 0.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EXCEPTIONAL, PROGRESSIVE TELECOMMUNICATION SERVICES TO ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WCTA IS ONE OF APPROXIMATELY 250 RURAL TELEPHONE COOPERATIVES IN THE UNITED STATES PROVIDING ITS MEMBERS STATE-OF-THE-ART TECHNOLOGIES WITH A PERSONAL HOME-TOWN TOUCH. ORIGINALLY FORMED TO IMPROVE RURAL TELEPHONE SERVICE OPTIONS IN THE AREA, THE COOPERATIVE NOW PROVIDES SEVERAL CUTTING-EDGE SERVICES INCLUDING IPTV, BROADBAND INTERNET SERVICE, AND ADVANCED PHONE FEATURES SUCH AS VOICE MAIL E-FORWARDING, WAKE-UP, AND FINDME. WCTA SERVES APPROXIMATELY 4,000 CUSTOMERS IN OUR 602 SQUARE MILE SERVING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Bullock CEO | Officer | 40 | $213,997 |
Jennifer Grewe Controller | Officer | 40 | $121,485 |
Travis Floyd Operations Manager | 40 | $101,306 | |
Robert Weaver Secretary/treasurer | OfficerTrustee | 1 | $29,053 |
Bruce Kinnunen President | OfficerTrustee | 1 | $20,504 |
Harvey Aho Director | Trustee | 1 | $19,877 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Calix Inc Circuit Equipment/electronics | 12/30/20 | $898,338 |
Lapointe Utilities Inc Construction Contractor | 12/30/20 | $1,091,551 |
National Cable Television Cooperative Video Programming | 12/30/20 | $818,596 |
Zenergy Llc Construction Contractor | 12/30/20 | $698,783 |
Cci Systems Electronics Equipment | 12/30/20 | $282,892 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,533,965 |
| Investment income | $46,514 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $396,933 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,330,279 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,502,757 |
| Compensation of current officers, directors, key employees. | $545,394 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $126,773 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,986 |
| Fees for services: Accounting | $379,266 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $89,350 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $370,318 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,734,293 |
| Insurance | $0 |
| All other expenses | $461,941 |
| Total functional expenses | $11,060,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,239,382 |
| Savings and temporary cash investments | $620,021 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,111,510 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,145,327 |
| Inventories for sale or use | $415,671 |
| Prepaid expenses and deferred charges | $211,453 |
| Net Land, buildings, and equipment | $21,612,756 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,823,191 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,846,185 |
| Total assets | $34,025,496 |
| Accounts payable and accrued expenses | $841,858 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,099,597 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $638,686 |
| Total liabilities | $9,580,141 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $16,197,062 |
| Retained earnings, endowment, accumulated income, or other funds | $8,248,293 |
| Total liabilities and net assets/fund balances | $34,025,496 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that West Central Telephone Association has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Initiative Foundation Little Falls, MN PURPOSE: SUPPORT BROADBAND RESOURCES FOR EDUCATIONAL NEEDS AND TELEHEALTH NEEDS RELATED TO COVID-19. | $10,000 |
Initiative Foundation Little Falls, MN PURPOSE: SUPPORT BROADBAND RESOURCES FOR EDUCATIONAL NEEDS AND TELEHEALTH NEEDS RELATED TO COVID-19. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Slope Cooperative Telephone Company Inc North Liberty, IA | $103,327,478 | $39,258,245 |
Vernon Communications Cooperative Inc Westby, WI | $43,756,692 | $18,296,533 |
West Central Telephone Association Sebeka, MN | $34,025,496 | $12,330,279 |
Runestone Telephone Association Hoffman, MN | $32,214,901 | $11,495,965 |
Kalona Cooperative Telephone Company Kalona, IA | $16,733,268 | $7,276,052 |
Nelson Communications Cooperative Durand, WI | $35,266,110 | $8,238,356 |
Richland-Grant Telephone Cooperative Inc Blue River, WI | $18,746,059 | $6,374,669 |
La Valle Telephone Cooperative La Valle, WI | $13,091,792 | $4,810,156 |
On Being Project Minneapolis, MN | $6,237,366 | $6,582,457 |
Emily Cooperative Telephone Company Emily, MN | $11,451,551 | $4,355,246 |
Lehigh Valley Co-Operative Telephone Association Lehigh, IA | $19,306,008 | $3,317,069 |
Cooperative Telephone Company Victor, IA | $13,828,846 | $3,362,885 |