2013-11-07T12:47:19-06:00 2012-12-31 930623286 AKT LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2012-01-01 930143500 COLTON TELEPHONE COMPANY COLT 5038243211 P O BOX 68 COLTON OR 97017 STEVEN R KROGUE 5038243211 2013-10-31 1 KATHY A GORDON CPA P00016213 5035857774 2012 2016-02-25 16:41:14Z STEVE KROGUE P O BOX 68 COLTON OR 97017 2725913 0 X WWW.COLTON.COM X 1930 OR TO BE A COMMUNITY-MINDED, QUALITY-FOCUSED, SERVICE-CENTERED, AND VALUE-DRIVEN TELECOMMUNICATIONS PROVIDER. 7 7 9 0 49120 0 0 0 2767579 2702998 935 834 13508 22081 2782022 2725913 0 0 0 0 197036 143668 0 0 0 2501854 2411462 2698890 2555130 83132 170783 4725888 4556659 1302484 1073994 3423404 3482665 TO BE COMMUNITY MINDED, QUALITY FOCUSED, SERVICE CENTERED, AND VALUE DRIVEN. 0 0 PROVIDE TELECOMMUNICATIONS SERVICE TO COOPERATIVE MEMBERS. AT DECEMBER 31, 2012, 950 LINES WERE IN SERVICE. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 9 1 1 1 0 0 0 0 0 0 1141693 49944 0 X 7 7 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 1 0 X STEVEN R KROGUE 5038243211 20983 S HWY 211 COLTON OR 97017 JEREMY FRAIJO 1.00 X X 0 0 0 PETE DOSTERT 1.00 X X 0 0 0 LARRY BENTHIN 1.00 X X 0 0 0 DENNIS CORWIN 1.00 X X 0 0 0 CARL MORGAN 1.00 X 0 0 0 ED STARR 1.00 X 0 0 0 JOSE RODRIGUEZ 1.00 X 0 0 0 STEVEN KROGUE 40.00 X 99628 0 44040 99628 0 44040 0 0 0 0 MATTON UTILITY 20219 S SPRAGUE RD OREGON CITY OR 97045 UTILITIES CONTRACTOR - FIBER TO THE HOME 220319 GVNW PO BOX 25969 COLORADO SPRINGS CO 80936 CONSULTING 112525 2 TELECOMMUNICATIONS SVC 517000 2702998 2702998 2702998 834 834 OTHER INCOME-EOT 517000 40241 40241 DIRECTORY ADVERTISING 541800 8879 8879 OTHER INCOME-OCG 517000 -27039 -27039 22081 2725913 2675959 49120 834 143668 51249 510652 CORPORATE 671084 PLANT SPECIFIC 480392 CABLE TV EXPENSES 292476 MISCELLANEOUS 288846 116763 2555130 469170 487366 134132 100990 111925 111925 58557 55286 41024 37642 9882865 6765551 3271252 3117314 116797 116797 523031 529339 4725888 4556659 93960 73463 1091763 862042 116761 138489 1302484 1073994 X 0 0 0 0 3423404 3482665 3423404 3482665 4725888 4556659 X 170783 -111522 X 0 1 X 1 0 307948 307948 683415 450433 232982 8891502 6315118 2576384 3117314 OREGON CABLE GROUP LLC 513542 C OTHER INVESTMENTS 15797 C 529339 CUSTOMER DEPOSITS 2814 OTHER LIABILITIES 51848 PATRONAGE CAPITAL PAYABLE 83827 138489 X 2712711 0 2712711 13202 13202 2725913 2555130 0 2555130 0 2555130 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COMPANY FOLLOWS ACCOUNTING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THESE STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THE COMPANY HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2012 AND 2011 . PART XI, LINE 4B - OTHER ADJUSTMENTS: PASSTHROUGH INCOME FROM EASTERN OREGON HOLDING COMPANY, LLC OTHER REVENUE - OREGON CABLE GROUP LOSS FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR, LARRY BENTHIN, IS THE GRANDFATHER OF DIRECTOR, JEREMY FRAIJO. FORM 990, PART VI, SECTION A, LINE 6 COLTON TELEPHONE IS A COOPERATIVE COMPANY WITH MEMBERS/PATRONS WHO ARE ENTITLED TO RECEIVE PATRONAGE CAPITAL CREDITS FOR REVENUES GENERATED BY COMPANY OPERATIONS IN EXCESS OF COSTS. FORM 990, PART VI, SECTION A, LINE 7A THE COOPERATIVE MEMBERS ARE RESPONSIBLE FOR THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B A CHANGE IN COMPANY BYLAWS, INITIATED BY THE BOARD OF DIRECTORS, MUST BE APPROVED BY THE MEMBERS THROUGH A VOTING PROCESS. FORM 990, PART VI, SECTION B, LINE 11 THE GENERAL MANAGER TAKES RESPONSIBILITY FOR THE ACCURACY OF THE INFORMATION PRESENTED ON THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE SEVEN MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DECLARE ANY POTENTIAL CONFLICTS OF INTEREST MONTHLY AT THE REGULAR SCHEDULED MEETINGS. THE DIRECTORS, EXCLUDING THE MEMBER DECLARING THE CONFLICT, DETERMINE WHETHER A CONFLICT EXISTS AND THE EXTENT OF THE CONFLICT. RESTRICTIONS RESULTING FROM A DECLARED CONFLICT MAY RESULT IN THE AFFECTED DIRECTOR ABSTAINING FROM THE VOTING PROCESS FOR ANY DECISION/RESOLUTION MADE BY THE BOARD ON THE CONFLICTING ISSUE. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS INCLUDES THE DEVELOPMENT OF A WAGE SCALE BASED ON MULTIPLE INDEPENDENT INDUSTRY SURVEYS. THE BOARD DETERMINES THE SALARY OF THE GENERAL MANAGER USING THE WAGE SCALE AS A GUIDELINE. THE PROCESS TAKES PLACE ANNUALLY. THE BOARD OF DIRECTORS ARE NOT PAID FOR THEIR SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THE COMPANY MAINTAINS A WRITTEN REQUEST FORM THAT IS COMPLETED BY ANY COOPERATIVE MEMBER WHO WISHES TO REVIEW THE BOARD MINUTES OR FINANCIAL STATEMENTS. THESE ITEMS ARE AVAILABLE FOR REVIEW AT THE COMPANY OFFICE WITHIN A REASONABLE AMOUNT OF TIME AFTER THE FORM IS SUBMITTED. ANY REQUEST BY A NON-MEMBER OF THE COOPERATIVE IS REVIEWED BY THE GENERAL MANAGER AND/OR BOARD OF DIRECTORS. THE REQUESTED INFORMATION IS AVAILABLE FOR REVIEW IN THE COMPANY OFFICE DURING NORMAL BUSINESS HOURS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: RETIREMENT OF PATRONAGE CAPITAL -71,505. PARTNERSHIP INVESTMENTS -40,412. FEDERAL COMMUNICATIONS EXCISE TAX REFUND 395.