2019-11-15T13:18:24-06:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 901 N GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2018-01-01 521889647 FOUNDATION FOR RURAL SERVICE FOUN 7033512000 4121 WILSON BOULEVARD NO 10TH ARLINGTON VA 22203 SHIRLEY BLOOMFIELD PRESIDENT 7033512000 2019-11-12 1 AMY CHAPMAN P00843460 5712279500 67.137.57.251 2019-11-12 14:48:05 ES P 0514B758026FFB4303D1E4DFF3C58ED2768E19CE 1938324BD4D887D076751857843371B82258E98C 2018 2020-04-17 16:48:07Z SHIRLEY BLOOMFIELD 4121 WILSON BOULEVARD NO 10TH ARLINGTON VA 22203 1507425 0 X WWW.FRS.ORG X 1994 VA TO INFORM AND EDUCATE THE PUBLIC ON THE TELECOMMUNICATIONS NEEDS OF RURAL AREAS. 19 19 5 20 0 1528 614822 625143 160624 165539 194660 219256 -906 863 969200 1010801 175422 157449 0 0 333865 327978 0 0 100238 338802 318853 848089 804280 121111 206521 3791863 3651830 143339 253392 3648524 3398438 X THE FOUNDATION FOR RURAL SERVICE (FRS), IN COOPERATION WITH NTCA - THE RURAL BROADBAND ASSOCIATION, SEEKS TO SUSTAIN AND ENHANCE THE QUALITY OF LIFE IN AMERICA BY ADVANCING AN UNDERSTANDING OF RURAL ISSUES. OUR VISION IS TO HARNESS THE POWER OF THE RURAL COMMUNICATIONS INDUSTRY TO ENRICH LIVES IN AMERICA. 0 0 191298 0 154200 YOUTH TOUR:THE FOUNDATION SPONSORS AN ANNUAL TOUR OF WASHINGTON, D.C. FOR APPROXIMATELY ONE HUNDRED HIGH SCHOOL STUDENTS FROM RURAL AMERICA TO VISIT THE NATION'S CAPITAL TO LEARN ABOUT THE TELECOMMUNICATIONS INDUSTRY AND THE LEGISLATIVE PROCESS. 129197 107500 0 SCHOLARSHIP PROGRAM:RECOGNIZING THE DISPARITIES BETWEEN RURAL AND URBAN ACCESS TO HIGHER EDUCATION, THE FOUNDATION OFFERS AN ANNUAL COLLEGE SCHOLARSHIP PROGRAM TO HELP FURTHER HIGHER EDUCATION AMONG RURAL YOUTH. VARIOUS SCHOLARSHIPS ARE AWARDED TO APPROXIMATELY FIFTY WINNERS SELECTED BY AN INDEPENDENT TEAM OF REVIEWERS IN THE EDUCATION FIELD. 69651 0 8209 AWARENESS CAMPAIGN:THE FOUNDATION SPONSORS AN ONGOING AWARENESS CAMPAIGN TO PROMOTE THE CONTRIBUTION THAT SMALL, INDEPENDENT BROADBAND COMPANIES MAKE TO RURAL COMMUNITIES. THE PROGRAM INCLUDES THE PRODUCTION OF INFORMATIONAL MAILERS GEARED TOWARD EDUCATING RURAL TELECOMMUNICATIONS CUSTOMERS, AN IMAGE AND AWARENESS CAMPAIGN THAT AIMS TO EDUCATE STATE AND LOCAL DECISION MAKERS ON THE VALUE THAT COMMUNITY BASED TELECOM PROVIDERS BRING TO THE TELECOM AND ECONOMIC FUTURES OF THEIR COMMUNITIES AND A SERIES OF EDUCATIONAL PAPERS AIMED AT EDUCATING DECISION MAKERS. 103592 49949 3130 YOUTH APP CHALLENGE; RURAL YOUTH SURVEY; COMMUNITY GRANT PROGRAM; CONGRESSIONAL BROADBAND TOUR 103592 49949 3130 493738 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 14 0 5 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 VA X KELLIE LOWERY 7033512000 4121 WILSON BOULEVARD NO 10TH ARLINGTON VA 22203 X ERIC CRAMER CHAIR 1.00 0.00 X 0 0 0 CARRI BENNET VICE CHAIR 1.00 0.00 X 0 0 0 DAVID ADAMS SECRETARY & TREASURER 1.00 0.00 X 0 0 0 RICHARD SWARTZ DIRECTOR 1.00 0.00 X 0 0 0 RUTH CONLEY DIRECTOR 1.00 0.00 X 0 0 0 MELVIN MASSEY DIRECTOR 1.00 0.00 X 0 0 0 DAVID REDMAN DIRECTOR 1.00 0.00 X 0 0 0 CARISSA SWENSON DIRECTOR 1.00 0.00 X 0 0 0 MARK WASHINGTON DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN MILNER DIRECTOR 1.00 0.00 X 0 0 0 CHERYL RUE DIRECTOR 1.00 0.00 X 0 0 0 KEITH GABBARD DIRECTOR 1.00 0.00 X 0 0 0 JULIE GOGEL DIRECTOR 1.00 0.00 X 0 0 0 JOHN GRANGER DIRECTOR 1.00 0.00 X 0 0 0 STEVEN MELTZER DIRECTOR 1.00 0.00 X 0 0 0 DAVID MOULD DIRECTOR 1.00 0.00 X 0 0 0 ROBIN REED DIRECTOR 1.00 0.00 X 0 0 0 LENNIE BLAKESLEE DIRECTOR 1.00 0.00 X 0 0 0 GEOFF FEISS DIRECTOR 1.00 0.00 X 0 0 0 SHIRLEY BLOOMFIELD PRESIDENT 1.00 55.00 X 0 739333 267045 MICHAEL VIANDS CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 206563 80313 JESSICA GOLDEN EXECUTIVE DIRECTOR 45.00 0.00 X 116208 0 40446 116208 945896 387804 1 0 1 0 HYATT REGENCY CRYSTAL CITY 2799 RICHMOND HIGHWAY ARLINGTON VA 22202 LODGING 103203 1 132749 80000 412394 625143 YOUTH TOUR 900099 154200 154200 INFORMATION MAILER 900099 8209 8209 MISCELLANEOUS PROGRAMS 900099 3130 3130 165539 183834 183834 438037 402615 35422 35422 35422 94872 132749 94009 863 863 1010801 165539 0 220119 49949 49949 107500 107500 156654 71478 39612 45564 77610 35412 19625 22573 55372 25449 13395 16528 20775 9397 6663 4715 17567 8041 4338 5188 11524 11524 20433 20433 15279 8843 5667 769 53772 53772 15625 149 15476 539 539 5380 5380 FACILITY RENTAL / LODGI 117926 117926 0 TRANSPORTATION / EVENT 28669 28669 0 0 TAXES / DUES/ OTHER FEE 5980 0 5980 0 BOARD EXPENSES 3318 0 3318 0 40408 30925 4582 4901 804280 493738 210304 100238 80517 210944 635 5520 16289 22307 14191 13620 1110 571 3541706 3214330 151606 198158 3791863 3651830 27255 67558 99570 167550 16514 18284 143339 253392 X 1606813 1538000 2041711 1860438 3648524 3398438 3791863 3651830 206521 -456607 0 X X 0 1 X 1 0 X 427918 2611225 460553 614822 625143 4739661 427918 2611225 460553 614822 625143 4739661 191574 4548087 24182 109469 110357 144447 183834 572289 137825 6140 97012 0 0 240977 28531 2943 372 863 32709 5585636 754512 0.81420 0.81600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14191 13620 571 571 DUE FROM AFFILIATED ORGANIZATIONS 102022 R&S PREFUNDING 96136 198158 DEFERRED RENT 17519 DUE TO AFFILIATED ORGANIZATIONS 765 18284 X 638066 -456607 10296 -446311 1084377 20433 -94009 -73576 1010801 888152 10296 94009 104305 783847 20433 20433 804280 PART X, LINE 2: THE FOUNDATION EVALUATED ITS TAX POSITION AND DETERMINED THAT ITS POSITION ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES -94,009. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 94,009. ANNUAL MEETING 110982 65662 45320 23961 3500 10245 FALL CONFERENCE 68625 39645 28980 6900 21654 991 4640 6 48014 27442 20572 10468 5042 6608 227621 132749 94872 17368 50657 4491 21493 94009 863 1 SCHOLARSHIPS 53 107500 N/A N/A PART I, LINE 2: RECOGNIZING THE DISPARITIES BETWEEN RURAL AND URBAN ACCESS TO HIGHER EDUCATION, THE FOUNDATION FOR RURAL SERVICE (FRS) OFFER AN ANNUAL COLLEGE SCHOLARSHIP PROGRAM TO HELP FURTHER PROMOTE HIGHER EDUCATION AMONG RURAL YOUTH. AWARDS ARE GRANTED TO RURAL HIGH SCHOOL SENIORS ACROSS THE UNITED STATES. THE STUDENTS ARE SPONSORED BY A NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION (NTCA) MEMBER COMPANY AND, IF CHOSEN, ARE AWARDED $2,000 BY FRS IN ADDITION TO A $500 SCHOLARSHIP MATCH BY THEIR SPONSORING COMPANY. AN INDEPENDENT TEAM OF REVIEWES IN THE EDUCATION FIELD ARE SELECTED TO REVIEW THE APPLICATIONS AND SELECT THE WINNERS BASED ON SPECIFIED CRITERIA. FRS STAFF ACCEPTS AND PROCESSES ALL APPLICATIONS. HOWEVER, FRS STAFF AND FRS BOARD MEMBERS DO NOT REVIEW THE APPLICATIONS OR HAVE ANY INFLUENCE ON THE DECISION PROCESS. AS PART OF ITS ONGOING COMMITMENT TO RURAL COMMUNITIES ACCROSS THE COUNTRY, FRS OFFERS AID FOR COMMUNITIES SERVED BY NTCA MEMBERS THROUGH ITS ANNUAL COMMUNITY GRANTS PROGRAM. THESE GRANTS ARE DESIGNED TO PROVIDE SUPPORT TO A VARIETY OF LOCAL EFFORTS TO BUILD AND SUSTAIN A HIGH QUALITY OF LIFE IN RURAL AMERICA. APPLICATIONS FOR THESE GRANTS ARE ACCEPTED EACH SPRING RANGING FROM $250 TO $5,000. THE GRANTS AWARDED EACH DECEMBER SUPPORT A VARIETY OF PROJECTS CONCENTRATED IN FOUR MAJOR CATEGORIES: BUSINESS AND ECONOMIC DEVELOPMENT, COMMUNITY DEVELOPMENT, EDUCATION, AND TELECOMMUNICATIONS APPLICATIONS. X 1 1 X 0 1 0 0 0 0 0 0 0 SHIRLEY BLOOMFIELD PRESIDENT 0 656833 0 82500 0 0 0 236352 0 30693 0 1006378 0 0 MICHAEL VIANDS CHIEF FINANCIAL OFFICER 0 190563 0 16000 0 0 0 46835 0 33478 0 286876 0 0 JESSICA GOLDEN EXECUTIVE DIRECTOR 113208 0 3000 0 0 0 27941 0 12505 0 156654 0 0 0 PART I, LINE 1A SHIRLEY BLOOMFIELD - $744 - TRAVEL FOR COMPANIONS, THIS AMOUNT IS INCLUDED IN TAXABLE COMPENSATION. PART I, LINE 3 THE COMPENSATION PROCESS IS CONDUCTED BY A RELATED ORGANIZATION (NTCA) FOR THEIR OFFICERS (SHIRLEY BLOOMFIELD AND MICHAEL VIANDS) THAT SERVES ON THE BOARD OF FRS. THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS REVIEWED BY AN INDEPENDENT COMPENSATION CONSULTANT THAT DOES A COMPARISON OF LIKE POSITIONS IN THE AREA AND PRESENTS THE STUDY TO THE NTCA BOARD FOR APPROVAL. PART I, LINE 4B SHIRLEY BLOOMFIELD - $171,743 - 457(F) PLAN CONTRIBUTION FORM 990, PART VI, SECTION A, LINE 1 AN EXECUTIVE COMMITTEE MAY BE APPOINTED BY THE FOUNDATION'S BOARD OF DIRECTORS WITH THE AUTHORITY TO MANAGE THE AFFAIRS OF THE FOUNDATION BETWEEN MEETINGS OF THE BOARD. IF APPOINTED, THE EXECUTIVE COMMITTEE IS COMPRISED OF THE FOUNDATION'S OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL BOARD MEMBERS AND OFFICERS. WHEN A PERSON BECOMES AWARE OF AN ACTUAL OR POTENTIAL CONFLICT, THEY DISCLOSE ALL RELEVANT INFORMATION TO THE BOARD CHAIR OR VICE CHAIR, REMOVE THEMSELVES FROM ALL DISCUSSIONS OF THE MATTER, AND REMOVE THEMSELVES FROM ALL VOTES ON THE MATTER. THE BOARD MAY VOTE TO ENTER THE TRANSACTION IF IT DETERMINES THAT THE TRANSACTION IS IN THE ASSOCIATION'S BEST INTEREST. ALL RELEVANT INFORMATION IS DOCUMENTED IN THE MEETING MINUTES. IF A PERSON VIOLATES THE ASSOCIATION'S CONFLICT OF INTEREST POLICY, THEY INFORM THE PRESIDENT OF THE BOARD AND THE ASSOCIATION'S GENERAL COUNSEL, WHO TAKE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE TOP MANAGEMENT OFFICIAL'S COMPENSATION IS REVIEWED BY AN INDEPENDENT COMPENSATION CONSULTANT THAT DOES A COMPARISON OF LIKE POSITIONS IN THE AREA AND PRESENTS THE STUDY TO THE NTCA BOARD FOR APPROVAL. THIS APPROVAL IS DOCUMENTED IN THE BOARD MEETING MINUTES. THE PROCESS WAS CONDUCTED FOR THE LAST TIME IN 2018. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: THE COMPENSATED OFFICERS LISTED IN FORM 990, PART VII WERE COMPENSATED THROUGH NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION. THE HOURS PER WEEK INDICATED IN FORM 990, PART VII FOR THESE OFFICERS ARE FOR NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION AND ITS RELATED ENTITIES AND TRUST. PART XII, LINE 2C THERE IS NO CHANGE TO THE PROCESS OF OVERSIGHT OF THE SELECTION OF THE INDEPENDENT AUDITOR OR TO THE OVERSIGHT OF THE AUDIT NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION (NTCA) 4122 WILSON BLVD ARLINGTON VA 22203 520741336 TRADE ASSOCIATION VA 501(C)(6) N/A N/A 0 NTCA GROUP HEALTH PROGRAM 4122 WILSON BLVD ARLINGTON VA 22203 521043923 HEALTH AND WELFARE BENEFITS VA 501(C)(9) N/A NTCA 1 NTCA MASTER TRUST FOR DEFERRED COMP PLANS 4123 WILSON BLVD ARLINGTON VA 22203 566678513 DEFERRED COMPENSATION VA 501(C)(9) N/A NTCA 1 NTCA REGIONAL RETIREE MEDICAL FUNDING TRUST I 4124 WILSON BLVD ARLINGTON VA 22203 526737391 POST RETIREMENT BENEFITS DC 501(C)(9) N/A NTCA 1 NTCA REGIONAL RETIREE MEDICAL FUNDING TRUST II 4125 WILSON BLVD ARLINGTON VA 22203 521889144 POST RETIREMENT BENEFITS DC 501(C)(9) N/A NTCA 1 NTCA NATIONAL RETIREE MEDICAL FUNDING TRUST 4126 WILSON BLVD ARLINGTON VA 22203 526685526 POST RETIREMENT BENEFITS DC 501(C)(9) N/A NTCA 1 NTCA RETIREMENT AND SECURITY PROGRAM 4127 WILSON BLVD ARLINGTON VA 22203 521558805 DEFINED BENEFIT PLAN VA 501(C)(9) N/A NTCA 1 NTCA SAVINGS PLAN 4128 WILSON BLVD ARLINGTON VA 22203 521522857 DEFINED CONTRIBUTION PLAN VA 501(C)(9) N/A NTCA 1 NTCA PAC 4129 WILSON BLVD ARLINGTON VA 22203 521674218 VOLUNTARY, NON-PARTISAN POLITICAL ACTION COMMITTEE VA 527 N/A NTCA 1 SERVICES MANAGEMENT CORPORATION 30 TOWN SQUARE BOULEVARD SUITE 300 ASHEVILLE NC 28801 521200541 ADMINISTER BENEFIT PLANS NC NTCA C 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION C 50000 FAIR MARKET VALUE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION P 50919 FAIR MARKET VALUE