2024-10-29T11:09:26-05:00 2023-12-31 910189318 MOSS ADAMS LLP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2023-01-01 816013157 INTERBEL TELEPHONE COOPERATIVE INC INTE 4068893311 PO BOX 648 EUREKA MT 59917 JASON MOOTHART GM / CEO 4068893311 2024-10-22 1 1 CHERI R BURNHAM CPA P00055324 5097472600 2024-10-22 2023 2024-10-15 13:58:12Z JASON MOOTHART PO BOX 648 EUREKA MT 59917 15953906 0 X WWW.INTERBEL.COM X 1962 MT 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. 4 4 38 0 42791 9481 0 0 13146589 15700641 366623 253265 0 0 13513212 15953906 0 15600 2052490 2242552 473106 559442 0 0 0 10987616 13136312 13513212 15953906 0 0 52339474 51117240 29840303 27096011 22499171 24021229 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. 0 0 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). 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 96 0 1 38 1 1 1 0 0 0 0 5193462 588034 0 0 0 X 4 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KEVIN HODIK 4068891076 PO BOX 648 EUREKA MT 59917 MICHAEL HEDGES BOARD PRESIDENT 2.00 X X 3300 0 0 CRAIG EATON BOARD VICE PRESIDENT 2.00 X X 3300 0 0 CRAIG SANDS BOARD SECRETARY/TREASURER 2.00 X X 3300 0 0 DOUG PURDY TRUSTEE 2.00 X 3000 0 0 STAN PLUID TRUSTEE (THRU 12/23) 2.00 X 2100 0 0 VICKI TISDELL TRUSTEE (THRU 1/23) 2.00 X 0 0 0 JASON MOOTHART GENERAL MANAGER / CEO 45.00 X 201548 0 50276 KEVIN HODIK CFO 50.00 X 150036 0 45930 TROY UNREIN DIRECTOR OF OPERATIONS 45.00 X 127330 0 37812 JARED SHERWOOD NETWORK OPERATIONS SUPERVISOR 45.00 X 110452 0 57370 LAURA COMPTON ENGINEERING SUPERVISOR 45.00 X 109325 0 30988 THOMAS RASMUSSEN IT & SECURITY MANAGER 45.00 X 100343 0 41648 BRETT DAMASKOS DIRECTOR OF SALES AND MARKETING 45.00 X 104333 0 34333 918367 0 298357 7 0 1 0 ROCKY MOUNTAIN CONTRACTORS INC PO BOX 8688 KALISPELL MT 59904 CONSTRUCTION CONTRACTOR 2024529 HEBERLY & ASSOCIATES INC PO BOX 1311 HAVRE MT 59901 ENGINEERING CONTRACTOR 818255 VISION NET TRANSPORT SERVICES PO BOX 3068 GREAT FALLS MT 59403 TRANSPORT SERVICE 269323 MOSS ADAMS LLP 999 THIRS AVENUE SUITE 2800 SEATTLE WA 98104 CONSULTING 211435 NISC PO BOX 1147 MANDAN ND 58554 SOFTWARE 197133 8 WIRELINE 517000 11983124 11983124 INTERNET 517000 3635632 3635632 MISCELLANEOUS 513140 66585 23794 42791 ALLOWANCE FOR CONSTRUCTION 517000 15300 15300 15700641 253265 253265 15953906 15657850 42791 253265 15600 2242552 559442 718228 3952270 NONREGULATED EXPENSES 3540253 PLANT SPECIFIC OPERATIO 2207737 PLANT NONSPECIFIC OPERA 817342 CORPORATE OPERATIONS 814800 1085682 15953906 4019918 4111122 1226971 1883454 1940060 1399143 1225366 1028219 176100 250251 76359385 34537835 43141260 41821550 608576 623501 1223 0 52339474 51117240 750400 788668 28346840 25464568 743063 842775 29840303 27096011 X 0 0 0 0 22499171 24021229 22499171 24021229 52339474 51117240 X 0 1522058 X 0 1 X 1 0 112406 112406 2261454 1728301 533153 72474481 32461940 40012541 1511044 347594 1163450 41821550 ADVANCED BILLINGS AND CUSTOMER DEPOSITS 543520 OTHER DEFERRED CREDITS 299255 842775 X 15953906 0 15953906 0 15953906 13711354 0 13711354 2242552 2242552 15953906 PART X, LINE 2: IN 2023 AND 2022, THE COOPERATIVE IS TAX-EXEMPT FOR FEDERAL AND STATE INCOME TAX PURPOSES BECAUSE MORE THAN 85% OF GROSS REVENUES WERE FROM MEMBERS. AS A TAX-EXEMPT COOPERATIVE, TAXABLE INCOME CONSISTS OF UNRELATED BUSINESS ACTIVITIES NOT DIRECTLY CONNECTED TO THE PROVISION OF COMMUNICATION SERVICES CONDUCTED BY THE COOPERATIVE. THE PROVISION FOR INCOME TAXES DIFFERS FROM THE AMOUNT COMPUTED BY APPLYING THE CURRENT STATUTORY FEDERAL AND STATE INCOME TAX RATES TO EARNINGS BEFORE INCOME TAXES DUE TO THE TAX-EXEMPT NATURE OF THE COOPERATIVE. THE COOPERATIVE RECORDS UNCERTAIN TAX POSITIONS IF THE LIKELIHOOD THE POSITION WILL BE SUSTAINED UPON EXAMINATION IS LESS THAN 50%. AS OF DECEMBER 31, 2023 AND 2022, THE COOPERATIVE HAD NO ACCRUED AMOUNTS RELATED TO UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE RECORDED AS INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. PART XII, LINE 4B - OTHER ADJUSTMENTS: CAPITAL CREDITS ASSIGNED TO MEMBERS 2,242,552. 1 EUREKA EARLY CHILDHOOD DEVELOPMENT FOUNDATION PO BOX 509 EUREKA MT 59917 881911588 501(C)(3) 7000 0 PROGRAM SUPPORT 1 0 PART I, LINE 2: THE ORGANIZATION GRANTS FUNDS TO ONLY LOCAL ORGANIZATIONS AND THEREFORE ALL FUNDS ARE USED IN THE U.S. X X 0 0 0 JASON MOOTHART GENERAL MANAGER / CEO 173232 0 20296 0 8020 0 27913 0 22363 0 251824 0 0 0 KEVIN HODIK CFO 137897 0 11119 0 1020 0 25159 0 20771 0 195966 0 0 0 JARED SHERWOOD NETWORK OPERATIONS SUPERVISOR 103378 0 6649 0 425 0 35007 0 22363 0 167822 0 0 0 TROY UNREIN DIRECTOR OF OPERATIONS 121414 0 5316 0 600 0 15450 0 22362 0 165142 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS COOPERATIVE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL COOPERATIVES MEMBERS HAVE THE SAME RIGHTS AND RESPONSIBILITIES. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ORGANIZATION ARE RESERVED TO MEMBERS, STOCKHOLDERS, OR PERSONS OTHER THAN THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B INFORMATION IS PROVIDED TO EXTERNAL TAX PREPARER WHO THEN SENDS COMPLETED 990 TO THE GENERAL MANAGER/CEO AND CHIEF FINANCIAL OFFICER OF THE COOPERATIVE FOR REVIEW. MANAGEMENT SHARES THE FORM WITH THE BOARD AT A REGULARLY SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS CONFLICT OF INTEREST ON A CASE BY CASE BASIS AND DISCUSSES ANY POTENTIAL CONFLICT OF INTEREST AT MONTHLY BOARD MEETINGS. IF A CONFLICT ARISES IT IS REVIEWED BY LEGAL COUNSEL, DEPENDING ON SEVERITY, RESULTS VARY. AT A MINIMUM, THE CONFLICT IS DISCLOSED IN AUDIT. TO DATE, NO KNOWN CONFLICTS EXIST. THE POLICY IS MONITORED BY THE CEO/GM, HR MANAGER, AND BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE GM/CEO USED AN INDUSTRY STANDARD COMPILED BY NTCA - THE RURAL BROADBAND ASSOCIATION, OF A WAGE AND BENEFITS SURVEY WHICH COMPARES SIMILAR POSITION TO LIKE COMPANIES NATIONWIDE TO ESTABLISH SALARIES OF MANAGEMENT. HE THEN SHARES THIS INFORMATION WITH TOP MANAGEMENT AND ASSIGNS THE ANNUAL SALARY. THE SURVEY DATA FOR THE GM/CEO MANAGEMENT POSITION IS PRESENTED TO THE BOARD WHO MAKES THE DETERMINATION OF THE SALARY FOR THE GM/CEO IN EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19 BYLAWS ARE AVAILABLE VIA THE COMPANY'S WEBSITE AND ITS PRINTER PHONE DIRECTORY. CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST AND HELD ON INTRANET SITE (SHAREPOINT). THE FINANCIAL STATEMENTS ARE PRESENTED TO MEMBERS AT THE ANNUAL MEETING AND ARE AVAILABLE TO MEMBERS UPON REQUEST AT THE COOPERATIVE'S BUSINESS OFFICE. FORM 990, PART XI, LINE 9: RETIRED PATRONAGE CAPITAL DISTRIBUTED TO MEMBERS AS A GENERAL RETIREMENT -720,494. CAPITAL CREDITS ASSIGNED TO MEMBERS 2,242,552.