Kentucky Telephone Association
- Assets
- $265.2k
- Revenue
- $391.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Frankfort, KY
- Founding
- 07/1958
- Data as of
- 12/2018
- EIN
- 61-6031739
Organization Overview
Kentucky Telephone Association is located in Frankfort, KY. The organization was established in 1958. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky 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 12/2018, Kentucky Telephone Association generated $391.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $374.3k during the year ending 12/2018. While expenses have increased by 0.0% per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE INFORMATION AND TRAINING TO MEMBER COMPANIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING- FORUMS AND PRESENTATIONS OFFERED INFORMATION ON THE LATEST TRENDS AND TECHNOLOGY IN TELECOMMUNICATIONS
SEMINARS- LARGELY TECHNICAL SEMINARTS OFFERED DETAILED TRAINING IN NEW TECHNOLOGY AS WELL AS ISSUES
KTA PROVIDES SERVICES SUCH AS A MONTHLY EVENTS CALENDAR, ANNUAL DIRECTOR NEWSLETTER, INFORMATION GATHERING ON ISSUES AFFECTING THE TELECOMMUNICATIONS INDUSTRY AND POSITION COORDINATION AND OVERSITE AND REPRESENTATION BEFORE REGULATORY AND LEGISLATIVE BODIES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Gabbard President | OfficerTrustee | 1 | $0 |
Johnny Mcclanahan Treasurer | OfficerTrustee | 1 | $0 |
Ruth Conley Vice President | OfficerTrustee | 1 | $0 |
Tyler Campbell Executive Dir. | Trustee | 55 | $0 |
Allen Gillum Director | Trustee | 1 | $0 |
Doug Updegraff Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $172,800 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,320 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,120 |
| Total Program Service Revenue | $212,534 |
| Investment income | $320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $390,974 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $124,914 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $9,630 |
| Other employee benefits | $19,624 |
| Payroll taxes | $9,465 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,643 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $810 |
| Office expenses | $2,792 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,800 |
| Travel | $11,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $166,283 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,848 |
| All other expenses | $4,293 |
| Total functional expenses | $374,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,082 |
| Savings and temporary cash investments | $245,247 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $5,824 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $265,153 |
| Accounts payable and accrued expenses | $3,528 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,528 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $261,625 |
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|---|---|---|
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