2017-09-07T11:29:15-05:00 2016-12-31 930623286 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2016-01-01 930134820 CANBY TELEPHONE ASSOCIATION CANB 5038454434 PO BOX 1189 MT ANGEL OR 97362 PAUL HAUER PRESIDENT/GENERAL MANAGER 5038454434 2017-08-31 1 RYAN M JOHNSON CPA P01048788 5035857774 2017-08-30 69.30.50.66 2017-08-31 09:47:11 PD P E75082BF85B43FD572435F38AF0B2EBBEB2F8392 D42261FBEAC633CDDE5B3F51A70AEB09AB167B66 2016 2021-01-29 14:40:06Z PAUL HAUER PO BOX 1189 MT ANGEL OR 97362 18476879 0 X WWW.CANBYTEL.COM X 1916 OR PROVIDE COOPERATIVE TELECOMMUNICATIONS SERVICE TO MEMBERS. 5 5 69 0 74103 26359 0 0 14023126 14103796 65422 -3970480 148323 126786 14236871 10260102 0 0 0 35982 271464 291472 0 0 0 14085724 13922589 14357188 14250043 -120317 -3989941 35393740 33755686 3417115 5166970 31976625 28588716 AS A TELECOMMUNCIATIONS COOPERATIVE WE STRIVE TO HELP OUR CUSTOMERS USE TECHNOLOGY TO IMPROVE THEIR PERSONAL AND PROFESSIONAL LIVES. 0 0 PROVIDE TELECOMMUNICATIONS SERVICE TO COOPERATIVE MEMBERS. AS OF DECEMBER 31, 2016, THE NUMBER OF ACCESS LINES TOTALED 7,095. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 76 0 69 1 1 1 0 0 0 0 8916582 588651 0 X 5 5 0 1 0 0 1 1 1 1 1 0 0 0 1 0 1 1 0 1 1 1 1 X CANBY TELEPHONE ASSOCIATION 5038454434 PO BOX 1189 MT ANGEL OR 97362 DEBORAH WADE BOARD VICE CHAIRMAN 1.00 X X 3675 0 0 JOHN ZIEG SECRETARY/TREASURER 1.00 X X 3250 0 0 SCOTT SCARBOROUGH DIRECTOR 1.00 X 3675 0 0 RAYMOND ROGER REIF BOARD CHAIRMAN 1.00 X X 4675 0 0 ERIK PETERSON DIRECTOR 1.00 X 4675 0 0 DEBRA JEWELL VP, MEMBER SERVICES 40.00 X 116817 0 29515 DERRICK MOTTERN VP, NETWORK OPERATIONS 40.00 X 154706 0 27884 PAUL HAUER GENERAL MANAGER 15.00 X 0 207099 14804 291473 207099 72203 2 0 1 0 CONSOLIDATED BUSINESS SERVICES 155 GARFIELD STREET MT ANGEL OR 97362 MANAGEMENT SERVICES 687070 PEAK INTERNET LLC 1600 SW WESTERN BLVD 180 CORVALLIS OR 97333 WHOLSEALE INTERNET / IT SERVICES 193202 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 BUSINESS CONSULTING 146087 3 TELECOM SERVICE 517000 14103796 14103796 14103796 56615 56615 52683 0 52683 52683 52683 1413932 2775750 1467402 6749375 -53470 -3973625 -4027095 -4027095 ADVERTISING 541800 74103 74103 74103 10260102 14103796 74103 -3917797 X 35982 291472 254 2739637 UNRELATED BUSINESS TAXE 7350 NON-REGULATED EXPENSES 4956261 PLANT SPECIFIC 2024851 CORPORATE 1504602 2689634 14250043 902644 1014270 1759176 217190 1509341 1663727 882383 1152050 507766 601499 68246474 43902102 17930681 24344372 11821947 4679645 79802 82933 35393740 33755686 1417405 2155741 1999710 3011229 3417115 5166970 X 47401 47401 0 0 31929224 28541315 31976625 28588716 35393740 33755686 X -3989941 153188 448844 X 0 1 X 1 0 802490 802490 5305577 3908941 1396636 55890 47007 8883 60471981 39640198 20831783 1610536 305956 1304580 24344372 CLOSELY-HELD CORPORATE STOCKS 3712929 C OTHER INVESTMENTS 850315 C MARKETABLE SECURITIES 116401 F 4679645 PATRONAGE CAPITAL PAYABLE 29577 POST-RETIREMENT BENEFITS 1096367 ADVANCE BILLINGS 1002352 DEFERRED COMPENSATION 82933 NOTE PAYABLE TO RELATED PARTY 800000 3011229 X 14598523 418639 418639 14179884 -3919782 -3919782 10260102 18139409 3974383 3974383 14165026 85017 85017 14250043 PART X, LINE 2: THE ASSOCIATION FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE ASSOCIATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE WERE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY INCOME 418,639. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE NETTED WITH EXPENSES 48,451. K-1 INCOME - NTCA DEFERRED COMPENSATION ASSETS 1,847. K-1 INCOME - CBS LLC 4,303. LOSS ON SALE OF SUBSIDIARY ASSETS - MATC -3,974,383. PART XII, LINE 2D - OTHER ADJUSTMENTS: MATC GOODWILL IMPAIRMENT AND DEFERRED TAX ADJUSTMENT 3,974,383. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED WITH REVENUE 48,451. K-1 EXPENSES - NTCA DEFERRED COMPENSATION ASSETS 451. K-1 EXPENSES - CBS LLC 133. BENEFITS PAID TO MEMBERS 35,982. 0 0 0 DERRICK MOTTERN VP, NETWORK OPERATIONS 145088 0 3000 0 6618 0 12754 0 15130 0 182590 0 0 0 PAUL HAUER GENERAL MANAGER 0 207099 0 0 0 0 0 0 0 14804 0 221903 0 0 FORM 990, PART VI, SECTION A, LINE 3 TAXPAYER DELEGATED MANAGEMENT DUTIES TO PAUL HAUER OF CONSOLIDATED BUSINESS SERVICES AND HE DIRECTLY SUPERVISES CANBY MANAGEMENT. FORM 990, PART VI, SECTION A, LINE 6 A MEMBER IS AN INDIVIDUAL WITH THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE, OR RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE COOPERATIVE HAS A VOTE. THE VOTE ALLOWS THEM TO ELECT THE BOARD AS WELL AS VOTE ON ANY ISSUE THAT COMES BEFORE THE MEMBERSHIP AT A SPECIAL OR ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B LIMITED TO APPROVING ANY CHANGES MADE TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED INTERNALLY BY THE DIRECTOR OF FINANCE AND CONTROLLER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES EMPLOYEES TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO HUMAN RESOURCES AND EACH IS DEALT WITH ON A CASE BY CASE BASIS. THE POLICY AS IT RELATES TO THE BOARD DOES NOT ALLOW A PERSON TO REMAIN A MEMBER OF THE BOARD IF A CONFLICT OF INTEREST IS DETERMINED. FORM 990, PART VI, SECTION B, LINE 15 DETERMINED BY THE BOARD OF DIRECTORS BASED UPON INDUSTRY AND REGIONAL SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF ALL ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E CUSTOMER 1,339,871. PLANT NON-SPECIFIC 902,351. OPERATING TAXES 372,837. CHARITABLE CONTRIBUTIONS 74,575. FORM 990, PART XI, LINE 9: FORFEITURES OF UNCLAIMED EQUITIES 35,736. NET INCOME FROM SUBSIDIARY 418,639. NTCA DEFERRED COMP PLAN -1,396. CBS LLC K-1 INCOME -4,170. OTHER ADJUSTMENTS 35. CONSOLIDATED BUSINESS SERVICES LLC PO BOX 1189 MT ANGEL OR 97362 460797674 MANAGEMENT SERVICES OR CANBY TELEPHONE ASSOCIATION RELATED 4303 134490 0 1 0.33330 DIRECTLINK OF OREGON INC PO BOX 1088 CANBY OR 97013 931029682 TELECOMMUNICATIONS OR WHOLLY-OWNED SUBSIDIARY C 142078 3715694 1.00000 0 MT ANGEL TELEPHONE COMPANY PO BOX 200 MT ANGEL OR 97362 930231400 TELECOMMUNICATIONS OR WHOLLY-OWNED SUBSIDIARY C 1639048 1.00000 0 0 0 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 MT ANGEL TELEPHONE COMPANY L 81597 FAIR MARKET VALUE DIRECTLINK OF OREGON INC E 800000 COST MT ANGEL TELEPHONE COMPANY H 2775000 FAIR MARKET VALUE