Interbel Telephone Cooperative Inc
- Assets
- $50.1m
- Revenue
- $12.0m
- Investments
- $595.9k
- Employees
- 32
- Location
- Eureka, MT
- Founding
- 08/1965
- Data as of
- 12/2021
- EIN
- 81-6013157
Organization Overview
Interbel Telephone Cooperative Inc is located in Eureka, MT. The organization was established in 1965. 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 12/2021, Interbel Telephone Cooperative Inc employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interbel Telephone Cooperative Inc 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 12/2021, Interbel Telephone Cooperative Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $12.0m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TO OUR COMMUNITIES THE HIGHEST QUALITY, STATE-OF-THE-ART COMMUNICATIONS RELATED PRODUCTS AND SERVICES AT AFFORDABLE RATES; PROVIDE AN ENJOYABLE AND BENEFICIAL WORK ENVIRONMENT; AND OTHERWISE IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERBEL TELEPHONE COOPERATIVE, INC. CONTINUES TO PROVIDE BASIC PHONE SERVICE AND HIGH SPEED INTERNET ACCESS, SPECIFICALLY FOCUSING ON SUPPLYING FIBER OPTIC INTERNET SERVICES TO THE HOMES AND BUSINESSES, IN ADDITION TO SUPPLYING OTHER VARIOUS TELECOMMUNICATION SERVICES (UNIFIED COMMUNICATIONS AS A SERVICE).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Moothart General Manager/ceo | Officer | 40 | $175,587 |
Robert Little Plant Manager | 40 | $124,974 | |
Kevin Hodik CFO | Officer | 40 | $124,964 |
Craig Sands Trustee/secretary Treasurer | OfficerTrustee | 2 | $4,350 |
Vick Tisdell Trustee | Trustee | 2 | $4,050 |
Craig Eaton Trustee/vice President | OfficerTrustee | 2 | $3,900 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rocky Mountain Contractors Inc Construction | 12/30/21 | $3,663,082 |
Heberly & Associates Inc Engineering | 12/30/21 | $750,912 |
Vision Net Transport/dia/network Monitoring | 12/30/21 | $183,243 |
Moss Adams Llp Audit/consultant/tax | 12/30/21 | $135,260 |
Nisc Software | 12/30/21 | $207,954 |
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 | $11,539,541 |
| Investment income | $441,148 |
| 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 | $11,980,689 |
| 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 | $1,670,749 |
| Compensation of current officers, directors, key employees. | $448,022 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| 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 | $844,769 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,365,261 |
| Insurance | $0 |
| All other expenses | $896,859 |
| Total functional expenses | $11,980,689 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,334,591 |
| Savings and temporary cash investments | $199,448 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,177,812 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $496,521 |
| Prepaid expenses and deferred charges | $217,878 |
| Net Land, buildings, and equipment | $35,690,811 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $595,872 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,383,463 |
| Total assets | $50,096,396 |
| Accounts payable and accrued expenses | $1,031,969 |
| 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 | $27,130,356 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $836,924 |
| Total liabilities | $28,999,249 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $21,097,147 |
| Total liabilities and net assets/fund balances | $50,096,396 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Slope Cooperative Telephone Company Inc North Liberty, IA | $103,327,478 | $39,258,245 |
South Central Utah Telephone Association Inc Escalante, UT | $109,120,426 | $33,441,414 |
Canby Telephone Association Mt Angel, OR | $44,188,328 | $21,185,963 |
Molalla Telephone Company Molalla, OR | $51,519,806 | $19,104,786 |
Pioneer Telephone Cooperative Philomath, OR | $33,332,473 | $13,803,671 |
Interbel Telephone Cooperative Inc Eureka, MT | $50,096,396 | $11,980,689 |
West Central Telephone Association Sebeka, MN | $34,025,496 | $12,330,279 |
Instructional Telecommunications Foundation Inc Boulder, CO | $32,699,319 | $13,715,740 |
Runestone Telephone Association Hoffman, MN | $32,214,901 | $11,495,965 |
Beaver Creek Cooperative Telephone Company Mt Angel, OR | $10,445,522 | $8,019,128 |