2021-09-23T11:36:54-05:00 2020-12-31 BKD LLP 1401 50th Street Suite 350 West Des Moines IA 502665935 990 2020-01-01 420591540 WELLMAN COOPERATIVE TELEPHONE ASSOCIATION % JAYNE HOCHSTEDLER WELL 3196466075 305 8TH AVENUE PO BOX 170 WELLMAN IA 52356 DION SCHMINKE GENERAL MANAGER, COO 3196466075 2021-11-15 true JAYNE HOCHSTEDLER CFO 999009999 Joe R Lynn P01270416 5152230159 2021-11-15 2 2020 2022-09-23 18:48:47Z DION SCHMINKE 305 8TH AVENUE PO BOX 170 WELLMAN IA 52356 2830314 false X WWW.WELLMANTELEPHONE.COM X 1952 IA TO PROVIDE TELECOMMUNICATIONS SERVICES TO ITS MEMBERS. 7 7 7 10485 18 0 0 2484010 2533730 10461 83833 142876 180096 2637347 2797659 6244 4469 95529 197418 587182 819233 0 0 0 1937778 1755990 2626733 2777110 10614 20549 7531860 7588845 3809236 3177582 3722624 4411263 TO PROVIDE TELECOMMUNICATIONS SERVICES TO ITS MEMBERS. false false THE COOPERATIVE PROVIDES QUALITY SERVICES TO ITS MEMBER SUBSCRIBERS WE HAVE BUILT OUR ENTIRE SERVICE AREA WITH FIBER TO PROVIDE HIGH SPEED INTERNET, VIDEO, LOCAL EXCHANGE SERVICES AND TOLL SERVICES. WE PROVIDE EQUIPMENT FOR SALE OR LEASE AND INSTALLATION AND MAINTENANCE OF CUSTOMER PREMISE WIRING AND OTHER MISCELLANEOUS SERVICES. WE ALSO PROVIDE TRANSPORT FROM OUR TOWERS. false false false false false false false false false true true false false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 31 0 true 7 true true true false false false false 1723842 146636 false false false X 7 7 false false false false true true true true true false false true true true true true true true true false IA X JAYNE HOCHSTEDLER 3196466075 305 8TH AVENUE WELLMAN IA 52356 RANDALL KELLEY GENERAL MANAGER 50.0 0.0 X 202652 0 37342 JAYNE HOCHSTEDLER CHIEF FINANCIAL OFFICER 50.0 0.0 X 85455 0 39608 DION SCHMINKE GENERAL MANAGER/COO 50.0 0.0 X 66248 0 18875 EDWARD WHETSTINE PRESIDENT 0.5 0.0 X X 3240 0 0 DIANE ZAERR BRENNEMAN VICE PRESIDENT 0.5 0.0 X X 3180 0 0 LEROY POWELL SECRETARY-TREASURER 0.5 0.0 X X 3180 0 0 TONY STUTZMAN DIRECTOR 0.5 0.0 X 3060 0 0 JAMES PALMER DIRECTOR 0.5 0.0 X 2805 0 0 GEORGE MILLER JR DIRECTOR 0.5 0.0 X 2550 0 0 NICOLE SLABAUGH DIRECTOR 0.5 0.0 X 2550 0 0 JOHN YODER DIRECTOR 0.5 0.0 X 2040 0 0 JEREMY STATLER DIRECTOR 0.5 0.0 X 510 0 0 TERRA HUBER DIRECTOR 0.5 0.0 X 255 0 0 377725 0 95825 1 false true false BKD LLP 1401 50TH ST STE 350 WEST DES MOINES IA 502665935 CONSULTING 103514 1 0 TELECOM SERVICES 517000 2533730 2533730 2533730 49269 49269 0 0 74572 1146 73426 0 73426 56400 17026 34564 34564 34564 34564 0 0 0 0 0 0 3921 31509 -27588 -27588 DIRECTORY REVENUE 511140 22730 10485 12245 EQUITY IN AFFILIATE EARNINGS 900099 90886 90886 EARNINGS IN UNCONSOL. AFFILIATE 900099 -10978 -10978 31620 31620 134258 2797659 2562542 10485 224632 4469 0 0 197418 473550 0 197292 28178 81281 38932 0 769 89526 0 0 0 0 4453 0 0 0 0 0 0 0 89004 0 599548 0 PLANT SPECIFIC OPERATIONS 347492 COST OF VIDEO SERVICES 463300 PLANT NON-SPECIFIC OPERATIONS 74059 CUSTOMER OPERATIONS 58235 29604 2777110 976345 899472 304580 305306 0 0 54100 90175 0 0 0 0 0 0 19991 18084 56816 53611 10363361 5458297 5223302 4905064 0 0 316912 934047 0 0 10000 10000 569814 373086 7531860 7588845 200106 119741 0 0 1189 2648 0 0 0 0 0 0 3280062 2735724 0 0 327879 319469 3809236 3177582 X 0 0 0 0 3722624 4411263 3722624 4411263 7531860 7588845 X 20549 526227 141863 X false true X true false 35659 35659 528715 382293 146422 9798987 5076004 4722983 0 4905064 Investment in WKIJ 399852 C Investment in Iowa Video Group 7895 C Investment in Aureon 526300 F 934047 0 ASSET RETIREMENT OBLIGATION 16249 DEFERRED COMPENSATION 300774 OTHER LIABILITIES 2446 319469 SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. RANDALL KELLEY GENERAL MANAGER 202652 0 0 0 0 0 10492 0 26850 0 239994 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE COOPERATIVE IS RESTRICTED TO SUBSCRIBERS TO MEMBERSHIP-ELIGIBLE VOICE, VIDEO OR DATA SERVICE PROVIDED BY THE COOPERATIVE WHO ARE OTHERWISE ELIGIBLE FOR MEMBERSHIP, PURSUANT TO THE ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B MEMBER APPROVAL OF SIGNIFICANT BOARD DECISIONS THAT MAY ARISE, SUCH AS MERGERS AND ACQUISITIONS, AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S MANAGEMENT. ANY QUESTIONS OR CONCERNS THAT THE ORGANIZATION'S MANAGEMENT MAY HAVE ARE ADDRESSED, AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE ENTIRE 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO THE VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS DISCLOSE AND SIGN A CONFLICT OF INTEREST FORM. THIS FORM IS REVIEWED AND SIGNED ON AN ANNUAL BASIS. IF A CONFLICT IS FOUND, THE PERSON WITH A CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS OF THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF MANAGEMENT AND OTHER STAFF IS DETERMINED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE BOARD INCORPORATES A SALARY STUDY PUBLISHED BY NCTA, WHICH INDICATES COMPENSATION STATISTICS OF SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 15B THE COMPENSATION OF MANAGEMENT AND OTHER STAFF IS DETERMINED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE BOARD INCORPORATES A SALARY STUDY PUBLISHED BY NCTA, WHICH INDICATES COMPENSATION STATISTICS OF SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND CERTAIN GOVERNING DOCUMENTS ARE MADE AVAILABLE TO MEMBERS UPON REQUEST. FORM 990, PART XI, LINE 9 PATRONAGE CAPITAL PAID - ESTATES $ (56,803) EXCISE TAX REFUND 1,248 PATRONAGE CAPITAL ALLOCATED 197,418 ------------- TOTAL $ 141,863 WKIJ COMMUNICATIONS 305 8TH AVENUE WELLMAN IA 52356 421244226 INVESTMENT IA WELLMAN COOP C-CORP 202074 402701 1.00000 true false false false false false false false false false false false false false true true false true false false