BETA

COLTON TELEPHONE COMPANY: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
COLTON TELEPHONE COMPANY (EIN 93-0143500)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-14
IRS object ID
202421359349311572
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-14T16:30:24-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN930623286PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ALDRICH CPAS AND ADVISORS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1680 HAWTHORNE AVE SE 140AddressLine1Txt
CitySALEMCityNm
State AbbreviationORStateAbbreviationCd
ZIP97301ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN930143500EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COLTON TELEPHONE COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOLTBusinessNameControlTxt
Phone5038243211PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 68AddressLine1Txt
CityCOLTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97017ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGERI FRAIJOPersonNm
Person TitleGENERAL MANAGERPersonTitleTxt
Phone5038243211PhoneNum
Signature2024-05-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGERIPersonFirstNm
Person LastFRAIJOPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRYAN M JOHNSON CPAPreparerPersonNm
PTINP01048788PTIN
Phone5035857774PhoneNum
Preparation2024-05-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGERI FRAIJOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 68AddressLine1Txt
CityCOLTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97017ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,445,506GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.COLTON.COMWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Formation1930FormationYr
Legal Domicile StateORLegalDomicileStateCd
Activity Or MissionTO BE A COMMUNITY-MINDED, QUALITY-FOCUSED, SERVICE-CENTERED, AND VALUE-DRIVEN TELECOMMUNICATIONS PROVIDER.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$3,203,442PYProgramServiceRevenueAmt
CY Program Service Revenue$3,387,285CYProgramServiceRevenueAmt
PY Investment Income-$379,137PYInvestmentIncomeAmt
CY Investment Income$58,221CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,824,305PYTotalRevenueAmt
CY Total Revenue$3,445,506CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$383,174PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$295,313CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$353,786PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$331,260CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,261,631PYOtherExpensesAmt
CY Other Expenses$2,079,275CYOtherExpensesAmt
PY Total Expenses$2,998,591PYTotalExpensesAmt
CY Total Expenses$2,705,848CYTotalExpensesAmt
PY Revenues Less Expenses-$174,286PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$739,658CYRevenuesLessExpensesAmt
Total Assets BOY$12,174,339TotalAssetsBOYAmt
Total Assets EOY$12,679,999TotalAssetsEOYAmt
Total Liabilities BOY$5,607,465TotalLiabilitiesBOYAmt
Total Liabilities EOY$5,246,870TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,566,874NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,433,129NetAssetsOrFundBalancesEOYAmt
MissionTO BE A COMMUNITY-MINDED, QUALITY-FOCUSED, SERVICE-CENTERED, AND VALUE-DRIVEN TELECOMMUNICATIONS PROVIDER.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROVIDE TELECOMMUNICATIONS SERVICE TO COOPERATIVE MEMBERS. AT DECEMBER 31, 2023, 336 LINES WERE IN SERVICE.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document63IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Members And Shr Gross Income$684,082MembersAndShrGrossIncomeAmt
Other Sources Gross Income$58,221OtherSourcesGrossIncomeAmt
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GERI FRAIJOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5038243211PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120983 S HWY 211 PO BOX 68AddressLine1Txt
CityCOLTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97017ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
PETE DOSTERT
VICE PRESIDENT1.00Yes (X)Yes (X)$996$0$0
DAVID WALES
DIRECTOR1.00Yes (X)$1,999$0$0
KELLY STEPHENS
DIRECTOR1.00Yes (X)$1,999$0$0
NINA BAURER
PRESIDENT1.00Yes (X)Yes (X)$2,180$0$0
GRANT STANBRO
DIRECTOR1.00Yes (X)$2,180$0$0
DAVID LYONS
DIRECTOR1.00Yes (X)$3,943$0$0
JEREMY FRAIJO
SECRETARY1.00Yes (X)Yes (X)$1,385$0$0
STEPHANIE SAUVAGEAU
CFO40.00Yes (X)$105,577$0$73,318
GERI FRAIJO
COO28.00Yes (X)$97,010$0$40,670
DAVE CONDITT
CO/IT SUPERVISOR40.00$117,525$0$52,121Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$334,794TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$166,109TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other SrcsYes (1)CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MATTON UTILITY
20219 S SPRAGUE RDOREGON CITYOR97045CONDUIT AND FIBER INSTALLATION$244,266
HILL ARCHITECTS
1750 BLAKENSHIP RDSUITE 400WEST LINNOR97068ARCHITECTURE SERVICES FOR NEW OFFICE BUI$199,798
MONITOR TELEPHONE
15265 WOODBURN-MONITOR ROAD NEWOODBURNOR97071LABOR, SHARED EXPENSES$108,754
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTELECOMMUNICATIONSDesc
Business517000BusinessCd
Total Revenue Column$3,387,285TotalRevenueColumnAmt
Related Or Exempt Func Income$3,387,285RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,387,285TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$49,515TotalRevenueColumnAmt
Exclusion$49,515ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$8,706SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$8,706SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,706TotalRevenueColumnAmt
Related Or Exempt Func Income$8,706RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,445,506TotalRevenueColumnAmt
Related Or Exempt Func Income$3,395,991RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$49,515ExclusionAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$295,313TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$331,260TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$126,722TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$383,270TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PLANT SPECIFIC$636,713
CORPORATE$438,772
PLANT NON-SPEC, NON-REG$399,174
CUSTOMER$94,624

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,705,848TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,725,655BOYAmt
EOY$2,973,525EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$478,117BOYAmt
EOY$238,692EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$42,438BOYAmt
EOY$183,590EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$392,837BOYAmt
EOY$347,815EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$15,837,859LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,813,687LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$7,697,221BOYAmt
EOY$8,024,172EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$811,494BOYAmt
EOY$868,508EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$26,577BOYAmt
EOY$43,697EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,174,339BOYAmt
EOY$12,679,999EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$153,753BOYAmt
EOY$310,952EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$4,525,205BOYAmt
EOY$4,210,449EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$928,507BOYAmt
EOY$725,469EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,607,465BOYAmt
EOY$5,246,870EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$6,566,874BOYAmt
EOY$7,433,129EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,566,874BOYAmt
EOY$7,433,129EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,174,339BOYAmt
EOY$12,679,999EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$739,658ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$70,711NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$55,886OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$307,948OtherCostOrOtherBasisAmt
Book Value$307,948BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$983,441OtherCostOrOtherBasisAmt
Depreciation$760,386DepreciationAmt
Book Value$223,055BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,175,972OtherCostOrOtherBasisAmt
Depreciation$7,053,301DepreciationAmt
Book Value$7,122,671BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$370,498OtherCostOrOtherBasisAmt
Book Value$370,498BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,024,172TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
OTHER INVESTMENTS$13,653C
WILLAMETTE COMMUNICATIONS INC$118,953C
EDWARD JONES INVESTMENTS$735,902C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$868,508TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
PATRONAGE CAPITAL PAYABLE$562,680
WILLAMETTE COMMUNICATIONS PAYABLE$118,953
LEASE LIABILITY$43,836
FieldValueIRS element (for citing)
Total Liability$725,469TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,492,110TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$70,711NetUnrealizedGainsInvstAmt
Revenue Not Reported$70,711RevenueNotReportedAmt
Revenue Subtotal$3,421,399RevenueSubtotalAmt
Other Revenues Not Included$24,107OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$24,107RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,445,506TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,386,428TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,386,428ExpensesSubtotalAmt
Other Expenses Not Included$319,420OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$319,420ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,705,848TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE COMPANY FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE COMPANY RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE ARE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:REVENUE NETTED WITH EXPENSES
PART XII, LINE 4B - OTHER ADJUSTMENTS:REVENUE NETTED WITH EXPENSES PAYMENT OF CAPITAL CREDITS

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
STEPHANIE SAUVAGEAU
CFO$105,577$0$0$0$0$0$32,120$0$41,198$0$178,895$0$0$0
DAVE CONDITT
CO/IT SUPERVISOR$117,525$0$0$0$0$0$34,545$0$17,576$0$169,646$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, PART VII AND SCHEDULE J, PART IIFormAndLineReferenceDesc
ExplanationGERI FRAIJO, GENERAL MANAGER AND EMPLOYEE OF MONITOR TELEPHONE COOPERATIVE COMPANY, PROVIDES GENERAL MANAGER SERVICES TO COLTON TELEPHONE COMPANY THROUGH A MANAGEMENT SERVICES AGREEMENT BETWEEN THE TWO COOPERATIVES. THE AMOUNT OF COMPENSATION RELATED TO THE PERFORMANCE OF THESE SERVICES IS INCLUDED IN FORM 990, PART VII AND SCHEDULE J, PART II. MONITOR BILLS COLTON FOR THE SERVICES AND PAYS THEIR GENERAL MANAGER'S SALARY AND BENEFITS BASED ON PERFORMANCE OF BOTH POSITIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2BOARD MEMBER JEREMY FRAIJO IS THE SON OF GERI FRAIJO, GENERAL MANAGER BY CONTRACTUAL AGREEMENT WITH MONITOR COOPERATIVE TELEPHONE.
FORM 990, PART VI, SECTION A, LINE 3MONITOR TELEPHONE COOPERATIVE (UNDER A MANAGEMENT CONTRACT WITH COLTON TELEPHONE COMPANY) PROVIDES GENERAL MANAGEMENT SERVICES TO COLTON TELEPHONE COMPANY AS FOLLOWS: PERFORM DUTIES OF THE GENERAL MANAGER.
FORM 990, PART VI, SECTION A, LINE 6COLTON TELEPHONE IS A COOPERATIVE COMPANY WITH PATRONS THAT ARE ENTITLED TO RECEIVE PATRONAGE CREDITS FOR INCOME GENERATED BY COMPANY OPERATIONS.
FORM 990, PART VI, SECTION A, LINE 7ATHE COMPANY PATRONS ARE RESPONSIBLE FOR THE ELECTION OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BA CHANGE IN COMPANY BYLAWS, INITIATED BY THE BOARD OF DIRECTORS, MUST BE APPROVED BY THE PATRONS THROUGH A VOTING PROCESS.
FORM 990, PART VI, SECTION B, LINE 11BTHE GENERAL MANAGER TAKES RESPONSIBILITY FOR THE ACCURACY OF THE INFORMATION PRESENTED ON THE 990.
FORM 990, PART VI, SECTION B, LINE 12CTHE SEVEN MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DECLARE ANY POTENTIAL CONFLICTS OF INTEREST MONTHLY AT THE REGULAR SCHEDULED MEETINGS. THE DIRECTORS, EXCLUDING THE MEMBER DECLARING THE CONFLICT, DETERMINE WHETHER A CONFLICT EXISTS AND THE EXTENT OF THE CONFLICT. RESTRICTIONS RESULTING FROM A DECLARED CONFLICT MAY RESULT IN THE AFFECTED DIRECTOR ABSTAINING FROM THE VOTING PROCESS FOR ANY DECISION/RESOLUTION MADE BY THE BOARD ON THE CONFLICTING ISSUE.
FORM 990, PART VI, SECTION C, LINE 19THE COMPANY MAINTAINS A WRITTEN REQUEST FORM THAT IS COMPLETED BY ANY COOPERATIVE MEMBER WHO WISHES TO REVIEW THE BOARD MINUTES OR FINANCIAL STATEMENTS. THESE ITEMS ARE AVAILABLE FOR REVIEW AT THE COMPANY OFFICE WITHIN A REASONABLE AMOUNT OF TIME AFTER THE FORM IS SUBMITTED. ANY REQUEST BY A NON-MEMBER OF THE COOPERATIVE IS REVIEWED BY THE GENERAL MANAGER AND/OR BOARD OF DIRECTORS. THE REQUESTED INFORMATION IS AVAILABLE FOR REVIEW IN THE COMPANY OFFICE DURING NORMAL BUSINESS HOURS.
FORM 990, PART XI, LINE 9:RECLAIMED PATRONAGE CAPITAL 54,229. EXCISE TAX REFUNDS 1,657.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1WILLAMETTE COMMUNICATIONS INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 68AddressLine1Txt
CityCOLTONCityNm
State AbbreviationORStateAbbreviationCd
ZIP97017ZIPCd
FieldValueIRS element (for citing)
EIN611735896EIN
Primary ActivitiesTELECOMMUNICATIONSPrimaryActivitiesTxt
Legal Domicile StateORLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1COLTON TELEPHONE COMPANYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Share Of Total Income$99,810ShareOfTotalIncomeAmt
Share Of EOY Assets$118,953ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
WILLAMETTE COMMUNICATIONS INC
J$0FAIR MARKET VALUE
WILLAMETTE COMMUNICATIONS INC
K$118,953FAIR MARKET VALUE

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.