National Telecommunications Cooperative Association
- Assets
- $36.0m
- Revenue
- $14.7m
- Investments
- $0.0
- Employees
- 49
- Location
- Arlington, VA
- Founding
- 02/1959
- Data as of
- 12/2021
- EIN
- 52-0741336
Organization Overview
National Telecommunications Cooperative Association is located in Arlington, VA. The organization was established in 1959. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, National Telecommunications Cooperative Association employed 49 individuals. This organization is the central organization for a national or regional group of organizations. National Telecommunications Cooperative 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 12/2021, National Telecommunications Cooperative Association generated $14.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $15.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND SUSTAIN ADVANCED COMMUNICATIONS SERVICES IN RURAL AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND MEETINGS:NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION HOLDS A NUMBER OF MEETINGS, BOTH NATIONALLY AND REGIONALLY, WHERE EMPLOYEES OF THE MEMBER COMPANIES AND DIRECTORS OF THE MEMBER COMPANIES SHARE EXPERIENCES, ATTEND TRAINING SEMINARS, HEAR INDUSTRY LEADERS SUCH AS THE FEDERAL COMMUNICATIONS COMMISSION (FCC) AND RURAL UTILITIES SERVICE (RUS) REPRESENTATIVES, AND DISSEMINATE INFORMATION ON PROGRAMS AND NEW TECHNOLOGIES.
PUBLICATIONS:NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION SERVES ITS MEMBERS BY CONVEYING ITS MESSAGE AND PROMOTING THE POSITIONS AND OBJECTIVES IF SMALL INDEPENDENT RURAL SERVICE PROVIDERS ACROSS ALL INDUSTRY FRONTS. FOR THIS PURPOSE, IT PUBLISHES A QUARTERLY INFORMATION MAGAZINE AND A WEEKLY REPORT THAT KEEPS MEMBERS CURRENT ON INDUSTRY AND LEGISLATIVE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shirley Bloomfield Chief Executive Officer | Officer | 37.5 | $930,778 |
Michael Romano SVP Of Industry Affairs & Busi Dev. | 37.5 | $432,754 | |
Mano Koilpillai Chief Financial Officer | Officer | 37.5 | $216,958 |
Jill Canfield VP Of Legal | 37.5 | $216,308 | |
Joshua Seidemann VP Of Policy | 37.5 | $213,729 | |
Leif Oveson VP Of Legislative Affairs | 37.5 | $210,717 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Csg Creative Design Outsourcing | 12/30/21 | $497,866 |
Power Plus Program Equipment | 12/30/21 | $162,683 |
Association Consulting Group Inc Software Maintenance | 12/30/21 | $232,348 |
Conrad Inc Cybershare Consulting | 12/30/21 | $162,669 |
Leading Authorities Inc Consulting Services | 12/30/21 | $103,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,250 |
| Total Program Service Revenue | $13,339,392 |
| Investment income | $858,791 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $101,456 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $108 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,734,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,325,376 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,297,071 |
| Pension plan accruals and contributions | $1,090,837 |
| Other employee benefits | $1,028,498 |
| Payroll taxes | $388,848 |
| Fees for services: Management | $750,666 |
| Fees for services: Legal | $3,486 |
| Fees for services: Accounting | $45,359 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,749 |
| Fees for services: Other | $487,711 |
| Advertising and promotion | $36,339 |
| Office expenses | $193,479 |
| Information technology | $672,949 |
| Royalties | $0 |
| Occupancy | $1,299,635 |
| Travel | $173,427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,574,010 |
| Interest | $637 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,040 |
| Insurance | $85,807 |
| All other expenses | $381,793 |
| Total functional expenses | $15,253,287 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,391,209 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $411,561 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $506,185 |
| Net Land, buildings, and equipment | $877,479 |
| Investments—publicly traded securities | $27,132,887 |
| Investments—other securities | $0 |
| Investments—program-related | $212,200 |
| Intangible assets | $0 |
| Other assets | $3,447,398 |
| Total assets | $35,978,919 |
| Accounts payable and accrued expenses | $1,163,091 |
| Grants payable | $0 |
| Deferred revenue | $4,950,432 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,548,328 |
| Total liabilities | $9,661,851 |
| Net assets without donor restrictions | $26,054,606 |
| Net assets with donor restrictions | $262,462 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $35,978,919 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Municipal Securities Rulemaking Board Washington, DC | $78,531,119 | $35,699,202 |
American Gas Association Washington, DC | $54,599,533 | $35,694,026 |
National Association Of Corporate Directors Arlington, VA | $39,765,653 | $29,674,430 |
Association Of The United States Army Inc Arlington, VA | $92,353,784 | $27,615,070 |
National Association Of Counties Washington, DC | $110,279,270 | $28,057,928 |
American Public Power Assoc Arlington, VA | $27,597,409 | $24,009,237 |
American Public Transit Association Washington, DC | $25,928,823 | $18,627,373 |
National Association Of Federal Credit Unions Inc Arlington, VA | $31,185,033 | $18,837,903 |
National Telecommunications Cooperative Association Arlington, VA | $35,978,919 | $14,734,223 |
Nreca International Ltd Arlington, VA | $16,103,141 | $13,958,230 |
United States Telecom Association Washington, DC | $26,999,064 | $14,419,422 |
National Association Of Regulatory Utility Commissioners Washington, DC | $14,588,498 | $9,839,643 |