2013-11-15T15:29:42-06:00 2012-12-31 910189318 Moss Adams LLP 601 W Riverside Suite 1800 Spokane WA 992010629 990 2012-01-01 810243702 3 Rivers Telephone Cooperative Inc 3RIV 4064672535 PO Box 429 Fairfield MT 59436 Bradley C Veis 4064672535 2013-11-15 1 Emina O Cresswell P01217304 5097472600 2012 2016-03-07 17:11:31Z 3 Rivers Communications Bradley C Veis 205 5th Street South Fairfield MT 59436 40413696 0 X www.3rivers.net X 1953 MT To provide advanced communications services and gainful employment to enhance the quality of our member's and employee's lives while improving the economic well-being of the communities served. 9 9 178 0 841762 -33715 0 0 45422682 39897543 88873 50694 201286 465459 45712841 40413696 0 0 7949373 3363939 841923 982925 0 0 0 40896545 38319652 49687841 42666516 -3975000 -2252820 94116493 103137808 37369762 47412613 56746731 55725195 To provide advanced communications services and gainful employment to enhance the quality of our member's and employees lives while improving the economic well-being of the communities served. 0 0 3 Rivers Telephone Cooperative makes telephone, internet and video services and facilities available to the widest practical number of users on a non-profit, cooperative basis. 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 1 272 0 1 178 1 1 1 0 0 0 0 18091252 2400885 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 0 0 1 1 0 MT X Bradley C Veis 8007964567 202 5th Street South Fairfield MT 59436 Mary E Hill 8.00 X X 13550 0 5550 Tyler P Cobb 5.00 X X 12673 0 11041 Logan P Good 5.00 X X 7500 0 13888 Kirk R Dige 5.00 X 8599 0 5550 Harry R Barnes 5.00 X 11500 0 11041 William R Dringle 5.00 X 16054 0 11041 Kelly M McInerney 5.00 X 7385 0 13888 Kyle J Burgmaier 5.00 X 9341 0 11041 Blair R Patton 5.00 X 7160 0 1397 David Gibson 40.00 X 225584 0 26303 Brad Veis 40.00 X 154187 0 34968 Ron Warnick 40.00 X 137406 0 32551 Mike Lee 40.00 X 128015 0 34064 Sandi Oveson 40.00 X 116730 0 18363 Bonnie Mayer 40.00 X 97342 0 26890 953026 0 257576 6 0 1 0 Michels Corporation PO Box 95 Brownsville WI 53006 Construction 10100074 Sorensen Construction Inc 918 South 2000 W Syracuse UT 84075 Construction 4318395 Mid-State Consultants Inc 1475 N 200 W PO Box 311 Nephi UT 84648 Engineering 2144375 Falls Construction Company Inc 1001 River Drive North Great Falls MT 59401 Construction 398946 Moss Adams LLP 601 West Riverside Ave 1800 Spokane WA 99201 Accounting 208393 5 Wireline 517000 30017580 30017580 Internet 517000 6850006 6850006 Miscellaneous 511140 1950032 1108270 841762 Video 517000 1079925 1079925 39897543 50694 50694 AFUDC 517000 238944 238944 Other Income 517000 187924 187924 Gain From Affiliate 517000 38591 38591 465459 40413696 39521240 841762 50694 X 3363939 951263 31662 808846 9009525 Plant Specific Operatio 7840874 Nonregulated 6449231 Plant Nonspecific Opera 5053075 Corporate Operations 3064865 6093236 42666516 758726 407402 10039368 9621199 4921442 2181577 400000 400000 4608782 3870739 197701301 125120166 55978834 72581135 10805450 10631314 3926355 1198509 2677536 2245933 94116493 103137808 6605234 6839629 21873392 31836746 8891136 8736238 37369762 47412613 X 0 0 0 0 56746731 55725195 56746731 55725195 94116493 103137808 X -2252820 1231284 X X 0 1 X 1 0 1255341 1255341 9253271 5241254 4012017 187192689 119878912 67313777 72581135 Investment in Nonaffiliates 6212268 C Investment in Affiliates 4419046 C 10631314 Advanced Billing/Customer Deposits 854405 Deferred Credits 7881833 8736238 X Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The Cooperative records uncertain tax positions if the likelihood the position would be sustained upon exmination is less than 50%. As of December 31, 2012 and 2011, the Cooperative had no accrued amounts related to uncertain tax positions. X 0 1 X X X X 0 0 0 David Gibson 225584 0 0 0 0 0 17856 0 8447 0 251887 0 0 0 Brad Veis 154187 0 0 0 0 0 22676 0 12292 0 189155 0 0 0 Ron Warnick 137406 0 0 0 0 0 19871 0 12680 0 169957 0 0 0 Mike Lee 128015 0 0 0 0 0 18946 0 15118 0 162079 0 0 0 Sandi Oveson 116730 0 0 0 0 0 16941 0 1422 0 135093 0 0 0 Bonnie Mayer 97342 0 0 0 0 0 14619 0 12271 0 124232 0 0 0 Part I, Line 1a David Gibson, the General Manager, receives $6,177.31 in housing allowance which is included in his reportable compensation. Part I, Line 1b Board of Trustees approved the housing allowance reimbursement as part of his employment contract. Form 990, Part VI, Section A, line 6 The organization operates as a cooperative consisting of members who elect the governing body (Board of Trustees) and share in the organizations profits. Significant decisions are largely approved indirectly by the members through the Board of Trustees. However, the members do approve the audit / annual report. Form 990, Part VI, Section A, line 7a There is only one class of Cooperative members. All members have the same rights in electing the governing body. Form 990, Part VI, Section A, line 7b The members approve the audit/annual report. Form 990, Part VI, Section B, line 11 The CEO, Director of Finance/CFO and financial controller review the completed Form 990 prior to filing. Form 990, Part VI, Section B, line 12c The organization regularly monitors compliance with the conflicts of interest policy primarily by review during annual trustee elections. Form 990, Part VI, Section B, line 15 Compensation for the CEO is determined using a compensation survey and is reviewed and approved by consensus of the Board of Trustees. All other compensation is part of the annual budget process. Form 990, Part VI, Section C, line 18 Forms 990 and 990-T are available upon request by contacting the main office. Form 990, Part VI, Section C, line 19 The Cooperative's governing documents are available upon request by contacting the main office and is also published in the Cooperative's directory. The Cooperative's conflict of interest policy is available upon request by contacting the main office. The Cooperative's financial statements are available upon request by contacting the main office and are distributed at the annual meeting. All Other Functional Expenses Form 990, Part IX, line 24e Customer Operations: Total expenses 2,707,718. Goodwill Impairment: Total expenses 2,252,808. Other Operating Taxes: Total expenses 1,066,510. Income Tax Expense: Total expenses 66,200. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Patronage Capital Retired -1,432,224. Post Retirement Benefit Adjustment -875,459. Amortization of Initial Obligation and Prior Service Cost 95,736. Other 79,292. Capital Credit Allocation 3,363,939. The process has not changed from prior year. 3 Rivers Telecommunications Inc PO Box 429 Fairfield MT 59436 810420385 Telecommunications MT 3 Rivers Telephone Cooperative C 7641 4419046 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0