2014-11-13T21:24:05-06:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 4250 N FAIRFAX DRIVE SUITE 1020 ARLINGTON VA 22203 990 2013-01-01 521889647 FOUNDATION FOR RURAL SERVICE FOUN 7033512000 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 SHIRLEY BLOOMFIELD FOUNDATION MANAGER 7033512000 2014-11-07 1 KAREN GRIES P00078514 5712279500 2013 2015-11-30 17:44:51Z SHIRLEY BLOOMFIELD 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 1224921 0 X WWW.FRS.ORG X 1994 VA TO INFORM AND EDUCATE THE PUBLIC ON THE TELECOMMUNICATIONS NEEDS OF RURAL AREAS. 15 15 3 24 0 0 433681 470064 156179 132368 36411 66485 -7522 109613 618749 778530 104940 88000 0 0 314775 316470 0 0 113360 316569 317205 736284 721675 -117535 56855 1106028 1252596 131028 163634 975000 1088962 X THE FOUNDATION FOR RURAL SERVICE, IN COOPERATION WITH THE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION SEEKS TO SUSTAIN AND ENHANCE THE QUALITY OF LIFE THROUGHOUT RURAL AMERICA BY ADVANCING AN UNDERSTANDING OF RURAL TELECOMMUNICATIONS ISSUES. 0 0 146003 0 114700 YOUTH TOUR - THE FOUNDATION SPONSORS AN ANNUAL TOUR OF WASHINGTON, D.C. APPROXIMATELY ONE HUNDRED HIGH SCHOOL STUDENTS FROM RURAL AMERICA VISIT THE NATION'S CAPITOL TO LEARN ABOUT THE TELECOMMUNICATIONS INDUSTRY AND THE LEGISLATIVE PROCESS. 112407 0 17668 AWARENESS CAMPAIGN - THE FOUNDATION SPONSORS AN ONGOING AWARENESS CAMPAIGN TO PROMOTE THE CONTRIBUTION THAT SMALL, INDEPENDENT TELEPHONE 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. 109626 88000 0 SCHOLARSHIPS - 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. SCHOLARSHIPS IN THE AMOUNT OF $2,000 ARE AWARDED TO THIRTY WINNERS SELECTED BY AN INDEPENDENT TEAM OF REVIEWERS IN THE EDUCATION FIELD. 43537 0 0 OTHER PROGRAM SERVICES 43537 411573 1 1 0 0 0 0 0 0 0 1 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 0 0 3 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 0 1 0 1 1 0 0 0 1 1 1 1 1 0 0 0 VA X X KELLIE LOWERY 7033512000 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 X LEE LOGAN PRESIDENT 1.00 0.00 X X 0 0 0 ROBERT WEST VICE PRESIDENT 1.00 0.00 X X 0 0 0 DALE MERTEN SECRETARY/TREASURER 1.00 0.00 X X 0 0 0 TOM CONRY DIRECTOR 1.00 0.00 X 0 0 0 ERIC CRAMER DIRECTOR 1.00 0.00 X 0 0 0 JULIE GOGEL DIRECTOR 1.00 0.00 X 0 0 0 TODD HENECKE DIRECTOR 1.00 0.00 X 0 0 0 RON HINDS 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 DANIEL RIAZZI 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 NANCY WHITE DIRECTOR 1.00 0.00 X 0 0 0 GEORGE WYATT DIRECTOR 1.00 0.00 X 0 0 0 SHIRLEY BLOOMFIELD CURRENT FOUNDATION MANAGER 1.00 58.00 X 0 586323 154497 ELIZABETH CROCKER EXECUTIVE DIRECTOR 40.00 0.00 X 101848 0 51965 101848 586323 206462 1 0 1 0 0 28106 80150 361808 470064 YOUTH TOUR 900099 114700 114700 INFORMATION MAILER 900099 17668 17668 132368 17799 17799 339013 290327 48686 48686 48686 264403 28106 156064 108339 108339 MISCELLANEOUS REVENUE 900099 1274 1274 1274 778530 132368 0 176098 5000 5000 83000 83000 221695 104046 51735 65914 33892 13313 12191 8388 45081 20787 13207 11087 15802 7437 3683 4682 13278 13278 1815 1815 65420 50890 10937 3593 62454 62454 10675 254 10421 539 539 5646 5646 FACILITY RENTAL/FOOD & 94243 94243 0 MISCELLANEOUS EXPENSES 56811 30788 6327 19696 BOARD EXPENSES 5106 5106 TAXES 1218 1218 721675 411573 196742 113360 26777 112390 2500 720 13838 12542 14191 10924 3806 3267 1017553 1039067 41554 84610 1106028 1252596 26427 12405 103557 127475 1044 23754 131028 163634 X 884449 977786 90551 111176 975000 1088962 1106028 1252596 56855 55332 1775 0 X X 0 1 X 1 0 X X X 0 0 0 NATIONAL TELECOMMUNICATION COOPERATIVE ASSOCIATION 520741336 6 1 1 1 411573 1 411573 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 639749 93213 732961 579512 60237 639749 565424 14088 579512 504535 60889 565424 419342 85193 504535 1.00000 0.00000 0.00000 0 0 14191 10924 3267 3267 DUE FROM AFFILIATED ORGANIZATIONS 84610 84610 DUE TO SAVINGS PLAN 3643 DEFERRED RENT 20111 23754 X 727827 55332 29309 156064 240705 487122 291408 291408 778530 700770 29309 156064 185373 515397 206278 206278 721675 PART V, LINE 4: THE ENDOWMENT ASSETS ARE INTENDED TO ENSURE THE LONG-TERM FINANCIAL STABILITY OF THE FOUNDATION. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(3) OF THE CODE. THE FOUNDATION EVALUATED ITS TAX POSITION AND DETERMINED THAT ITS POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. THE FOUNDATION'S 2010 THROUGH 2012 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 156,064. PART XI, LINE 4B - OTHER ADJUSTMENTS: SHORT PERIOD REVENUES NOT INCLUDED IN 10-MONTH AUDITED FINANCIAL STATEMENT 291,408. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 156,064. PART XII, LINE 4B - OTHER ADJUSTMENTS: SHORT PERIOD EXPENSES NOT INCLUDED IN 10-MONTH AUDITED FINANCIAL STATEMENT 206,278. ANNUAL MEETING 130225 14635 115590 0 541 1065 45667 6125 29177 FALL CONFERENCE 69910 8532 61378 0 723 6000 23418 0 797 3 69739 4939 64800 0 6555 23381 10969 0 1646 269874 28106 241768 7819 30446 80054 6125 31620 156064 85704 1 SCHOLARSHIPS 36 83000 0 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) OFFERS AN ANNUAL COLLEGE SCHOLARSHIP PROGRAM TO HELP FURTHER 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 REVIEWERS 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. 0 1 0 0 0 0 0 0 0 SHIRLEY BLOOMFIELD CURRENT FOUNDATION MANAGER 0 509672 0 76651 0 0 0 125876 0 28621 0 740820 0 0 ELIZABETH CROCKER EXECUTIVE DIRECTOR 100098 0 1750 0 0 0 19592 0 32373 0 153813 0 0 0 PART I, LINE 3 THE FOUNDATION RELIED ON A RELATED ORGANIZATION TO DETERMINE THE COMPENSATION FOR ITS TOP MANAGEMENT OFFICIAL. THE RELATED ORGANIZATION USES THE FOLLOWING PRACTICES TO DETERMINE COMPENSATION: INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B SHIRLEY BLOOMFIELD - $80,729 - 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 A, LINE 4 THE FOUNDATION'S BYLAWS WERE AMENDED TO REFLECT THE NEW COMPOSITION OF THE BOARD OF DIRECTORS: THE FOUNDATION'S BOARD OF DIRECTORS CONSISTS OF FIFTEEN DIRECTORS INCLUDING THE OFFICERS, ALL APPOINTED BY THE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION (NTCA) BOARD: REGION DIRECTORS - ONE DIRECTOR FROM EACH OF THE SIX NTCA REGIONS. REGION DIRECTORS SHALL BE ILEC MEMBERS. AT-LARGE DIRECTORS - FOUR AT-LARGE DIRECTORS WHO ARE ILEC MEMBERS ALL APPOINTED BY THE NTCA BOARD OF DIRECTORS. ASSOCIATE DIRECTORS - FIVE AT-LARGE DIRECTOR SEATS SPECIFICALLY DESIGNATED FOR ASSOCIATE MEMBERS OF NTCA. EX-OFFICIO - THE FOUNDATION MANAGER, THE EXECUTIVE DIRECTOR, AND AN NTCA BOARD LIAISON SERVE EX-OFFICIO AS NONVOTING MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION'S BOARD OF DIRECTORS CONSISTS OF FIFTEEN DIRECTORS INCLUDING THE OFFICERS, ALL APPOINTED BY THE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION (NTCA) BOARD: REGION DIRECTORS - ONE DIRECTOR FROM EACH OF THE SIX NTCA REGIONS. REGION DIRECTORS SHALL BE ILEC MEMBERS. AT-LARGE DIRECTORS - FOUR AT-LARGE DIRECTORS WHO ARE ILEC MEMBERS ALL APPOINTED BY THE NTCA BOARD OF DIRECTORS. ASSOCIATE DIRECTORS - FIVE AT-LARGE DIRECTOR SEATS SPECIFICALLY DESIGNATED FOR ASSOCIATE MEMBERS OF NTCA. EX-OFFICIO - THE FOUNDATION MANAGER, THE EXECUTIVE DIRECTOR, AND AN NTCA BOARD LIAISON SERVE EX-OFFICIO AS NONVOTING MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD DOES NOT REVIEW THE FORM 990 PRIOR TO FILING. A COPY OF THE FORM 990 IS REVIEWED BY THE FOUNDATION MANAGER WITH THE ASSISTANCE OF THE CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, AND DIRECTOR OF FINANCE OF NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION PRIOR TO FILING. AFTER APPROVAL, IT IS SIGNED BY THE FOUNDATION MANAGER. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND ANY OTHER PERSON WHO MAY REGULARLY EXERCISE GENERAL AUTHORITY TO MAKE ADMINISTRATIVE OR POLICY DECISIONS ON BEHALF OF THE FOUNDATION, INCLUDING THE MANAGER AND EXECUTIVE DIRECTOR. 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 FOUNDATION'S BEST INTEREST. ALL RELEVANT INFORMATION IS DOCUMENTED IN THE MEETING MINUTES. IF A PERSON VIOLATES THE FOUNDATION'S CONFLICT OF INTEREST POLICY, THEY INFORM THE BOARD CHAIR AND THE FOUNDATION'S GENERAL COUNSEL, WHO TAKE APPROPRIATE ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION'S GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE. 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. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTION AND OVERSIGHT OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR. NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION (NTCA) 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 520741336 TRADE ASSOCIATION VA 501(C)(6) N/A N/A 0 NTCA GROUP HEALTH PROGRAM 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 521043923 HEALTH AND WELFARE BENEFITS VA 501(C)(9) N/A NTCA 1 NTCA MASTER TRUST FOR DEFERRED COMP PLANS 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 566678513 DEFERRED COMPENSATION VA 501(C)(9) N/A NTCA 1 NTCA REGIONAL RETIREE MEDICAL FUNDING TRUST I 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 526737391 POST RETIREMENT BENEFITS DC 501(C)(9) N/A NTCA 1 NTCA REGIONAL RETIREE MEDICAL FUNDING TRUST II 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 521889144 POST RETIREMENT BENEFITS DC 501(C)(9) N/A NTCA 1 NTCA RETIREMENT AND SECURITY PROGRAM 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 521558805 DEFINED BENEFIT PLAN VA 501(C)(9) N/A NTCA 1 NTCA SAVINGS PLAN 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON VA 22203 521522857 DEFINED CONTRIBUTION PLAN VA 501(C)(9) N/A NTCA 1 TELEPHONE EDUCATION COMMITTEE ORGANIZATION 4121 WILSON BOULEVARD 10TH FLOOR 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 0 0 1 0 0 0 NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION C 55150 FAIR MARKET VALUE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION K 48862 FAIR MARKET VALUE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION P 34438 FAIR MARKET VALUE