2025-10-30T09:13:04-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2024-01-01 816013157 INTERBEL TELEPHONE COOPERATIVE INC INTE 4068893311 PO BOX 648 EUREKA MT 59917 JASON MOOTHART GM / CEO 4068893311 2025-10-22 1 1 CHERI R BURNHAM P00055324 5097472600 2025-10-21 2024 2025-03-06 01:10:19Z JASON MOOTHART PO BOX 648 EUREKA MT 59917 16429765 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. 5 5 36 0 39813 8752 0 0 15700641 16138171 253265 291594 0 0 15953906 16429765 15600 17000 2242552 2217835 559442 648772 0 0 0 13136312 13546158 15953906 16429765 0 0 51117240 50225535 27096011 24729520 24021229 25496015 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 36 1 1 1 0 0 0 0 5340252 557606 0 0 0 X 5 5 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 MICHALE HEDGES BOARD PRESIDENT 2.00 X X 5650 0 0 CRAIG EATON BOARD VICE PRESIDENT 2.00 X X 6150 0 0 CRAIG SANDS BOARD SECRETARY/TREASURER 2.00 X X 6150 0 0 DOUG PURDY TRUSTEE 2.00 X 6450 0 0 AMY TRUMAN TRUSTEE 2.00 X 5400 0 0 JASON MOOTHART GM/CEO 50.00 X 214611 0 60169 KEVIN HODIK CFO 50.00 X 183226 0 54137 BRETT DAMASKOS DIRECTOR OF SALES & MARKETING 50.00 X 124740 0 43437 JARED SHERWOOD NETWORK OPERATIONS MANAGER 50.00 X 118584 0 67207 THOMAS RASMUSSEN IT & SECURITY MANAGER 47.50 X 112518 0 46624 TROY UNREIN OSP SUPERVISOR 40.00 X 155702 0 47974 SHANAN TRUMAN BUSINESS OFFICE SUPERVISOR 45.00 X 100291 0 49363 1039472 0 368911 8 0 1 0 ROCKY MOUNTAIN CONTRACTORS INC PO BOX 8688 KALISPELL MT 59904 CONSTRUCTION CONTRACTOR 4358095 HEBERLY & ASSOCIATES INC PO BOX 1311 HAVRE MT 59901 ENGINEERING CONTRACTOR 1136912 MOSS ADAMS LLP PO BOX 101822 PASEDENA CA 91189 ACCOUNTING SERVICES 309917 WIRELESS CONSTRUCTION SERVICES INC PO BOX 630 EUREKA MT 59917 CONSTRUCTION CONTRACTOR 262092 VISION NET TRANSPORT SERVICES PO BOX 3069 GREAT FALLS MT 59403 TRANSPORT SERVICE 257835 9 WIRELINE 517000 11914022 11914022 INTERNET 517000 4043012 4043012 MISCELLANEOUS 513140 157665 117852 39813 ALLOWANCE FOR CONSTRUCTION 517000 23472 23472 16138171 291594 291594 16429765 16098358 39813 291594 17000 2217835 648772 627077 3979744 NONREGULATED EXPENSES 3829831 PLANT SPECIFIC OPERATIO 2062615 CORPORATE OPERATIONS 1004788 CUSTOMER OPERATIONS 974556 1067547 16429765 4111122 2227229 1883454 2056841 1399143 1988235 1028219 944450 250251 309847 78747163 36688032 41821550 42059131 623501 639802 51117240 50225535 788668 1056251 25464568 22782916 842775 890353 27096011 24729520 X 0 0 0 0 24021229 25496015 24021229 25496015 51117240 50225535 X 0 1474786 X 0 1 X 1 0 112406 112406 2293062 1732428 560634 72942783 34849457 38093326 3398912 106147 3292765 42059131 ADVANCED BILLINGS AND CUSTOMER DEPOSITS 536570 OTHER DEFERRED CREDITS 353783 890353 X 16429765 0 16429765 0 16429765 14211930 0 14211930 2217835 2217835 16429765 PART X, LINE 2: IN 2024 AND 2023, 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, 2024 AND 2023, 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 2,217,835. 1 INTERBEL TELEPHONE COOPERATIVE EDUCATION FOUNDATION 300 DEWEY AVE EUREKA MT 59917 363684131 501(C)(3) 10000 0 HIGHER EDUCATION SCHOLARSHIPS 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 GM/CEO 185235 0 29376 0 0 0 29516 0 30653 0 274780 0 0 0 KEVIN HODIK CFO 161249 0 21977 0 0 0 30185 0 23952 0 237363 0 0 0 TROY UNREIN OSP SUPERVISOR 142725 0 12977 0 0 0 17924 0 30050 0 203676 0 0 0 JARED SHERWOOD NETWORK OPERATIONS MANAGER 108778 0 9806 0 0 0 37379 0 29828 0 185791 0 0 0 BRETT DAMASKOS DIRECTOR OF SALES & MARKETING 111763 0 12977 0 0 0 13886 0 29551 0 168177 0 0 0 THOMAS RASMUSSEN IT & SECURITY MANAGER 105291 0 7227 0 0 0 16993 0 29631 0 159142 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 -743,049. CAPITAL CREDITS ASSIGNED TO MEMBERS 2,217,835.