2013-11-15T16:17:15-06:00 2012-12-31 910189318 Moss Adams LLP 601 W Riverside Suite 1800 Spokane WA 992010629 990 2012-01-01 810251379 Blackfoot Telephone Cooperative BLAC 4065415000 1221 N Russell Missoula MT 59808 Ted Otis 4065415000 2013-11-15 1 Emina O Cresswell P01217304 5097472600 2012 2016-03-07 17:11:31Z Ted Otis 1221 N Russell Missoula MT 59808 36398294 0 X www.Blackfoot.com X 1953 MT Named after the Blackfoot River, the Cooperative offers services to 22 rural exchanges within a 6,500-square mile, seven-county region in western Montana and Idaho. A non-profit corporation, Blackfoot Telephone Cooperative, Inc. is owned by its customers. 9 9 149 0 518538 107071 0 0 25352037 25030705 381903 1134456 823816 347057 26557756 26512218 0 50304 0 2300983 0 949939 0 0 0 20838842 20155326 20838842 23456552 5718914 3055666 71246086 73107828 27784339 26596519 43461747 46511309 Named after the Blackfoot River, the Cooperative offers services to 22 rural exchanges within a 6,500-square mile, seven-county region in western Montana and Idaho. A non-profit corporation, Blackfoot Telephone Cooperative, Inc. is owned by its customers. 0 0 Blackfoot Telephone Cooperative makes telephone service 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 37 0 1 149 0 1 1 0 0 0 0 13103396 2165505 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 1 0 MT ID X Ted Otis 4065415000 1221 North Russell Missoula MT 59802 Tom Eggensperger 2.00 2.00 X X 7238 4312 1662 John Teague 2.00 2.00 X 10738 4662 1662 Cynthia Lewis 4.00 X X 10150 0 1662 Jim Blush 2.00 2.00 X 6538 4662 1662 Ross Friede 4.00 X 7700 0 1662 Leslie Iverson 4.00 X 9450 0 1662 Stuart Morton 2.00 2.00 X 8288 3962 1662 James Newberg 4.00 X 10500 0 1662 Geoffrey Wilson 2.00 2.00 X X 8988 4662 1662 Joan Mandeville 30.00 10.00 X 84483 28161 19861 Bill Squires 30.00 10.00 X 205763 68588 59690 Ted Otis 30.00 10.00 X 144706 48236 37773 Frank Cresia 31.00 9.00 X 137725 38845 45515 Dave Martin 20.00 20.00 X 85692 85692 34183 Jason Williams 30.00 10.00 X 35625 11875 0 Joel Block 20.00 20.00 X 74291 74291 39513 Barak Longnecker 12.80 27.20 X 39374 83669 37485 S Ray Lynn 12.80 27.20 X 37603 79907 25567 Ryan Delaney 16.00 24.00 X 57966 86949 29957 James Steele 0.00 40.00 X 0 101189 31895 Mike Suderman 35.20 6.80 X 102936 14037 31895 1085754 743699 408292 22 0 1 0 RML Inc 3505 Clark Fork Way Missoula MT 89808 Construction 296953 Dakota Supply Group PO Box 86 SDS 12-2439 Minneapolis MN 55486 Communications Product Distributor 291237 Hanson Directory Service Inc PO Box 786 Newton IA 50208 Directory Publishing 286110 United Locating Services of Montana 2704 Brooks Street Ste D Missoula MT 59801 Underground Utility Locating 244016 CDW LLC PO Box 75723 Chicago IL 60675 IT Product and Service 227739 10 Wireline - Interstate USF 517000 6784415 6784415 Wireline - Customer 517000 5502881 5502881 Internet - Customer 517000 4977960 4977960 Wireline - Interstate 517000 3116213 3116213 Wireline - Interstate - End User 517000 1168057 1168057 3481179 3008374 472805 25030705 361821 45733 316088 312978 312978 0 10345733 9573098 772635 772635 772635 Income from Subsidiary 517000 339551 339551 Other Nonoperating Income 517000 7506 7506 347057 26512218 24904957 518538 1088723 X 50304 2300983 949939 796098 6151362 UBI Income 37600 Plant Specific Operatio 4612233 Corporate Operations 2525090 Customer Operations 2295872 3737071 23456552 5141005 10867006 3825888 2584255 2080001 445244 281528 113074819 70459706 44982495 42615113 14718719 12677393 2132735 2002532 71246086 73107828 3691970 4093386 19825684 18217939 4266685 4285194 27784339 26596519 X 0 0 0 0 43461747 46511309 43461747 46511309 71246086 73107828 X 3055666 -6104 X 0 1 X 0 0 879555 879555 10652306 4535834 6116472 101542958 65923872 35619086 42615113 Investment in Affiliates 4285743 C Investment in Nonaffiliates 1609344 C Investment in Certificates of Deposit 2050001 C Securities Available for Sale 4732305 F 12677393 Deferred Credits 2932829 Advanced Billings and Customer Deposits 1352365 4285194 X Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: For December 31, 2012, the Cooperative has accounted for uncertain tax positions whereby the effect of the uncertainty would be recorded if the likelihood the position will be sustained upon examination is less than 50%. As of December 31, 2012 and 2011, the Cooperative had no accrued amounts related to uncertain tax positions. 1 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: All requests for donations from the Cooperative are submitted via a Community Support Form that is available on our website at http://www.blackfoot.com/pdf/Blackfoot_Community_Support_Sponsorship_Form.p Organizations seeking donations must be a 501(c)(3) charitable organization, a civic organization, or a school/school group. Management screens applications for completeness and compatibility with Blackfoot's community support criteria. The requests are then presented to the Board of Trustees for action on a monthly basis. Recipients are notified in writing of any award, as are applicants that do not receive funding. Trustees from the various districts monitor events and activities in their respective communities, and are generally aware of the use of funds and adherence to Blackfoot policies. X X 0 0 0 Bill Squires 142124 47375 28545 9515 35094 11698 41739 0 17951 0 265453 68588 0 0 Ted Otis 100607 33536 23100 7700 20999 7000 29894 0 7879 0 182479 48236 0 0 Frank Cresia 90945 25651 23355 6587 23425 6607 27857 0 17658 0 183240 38845 0 0 Dave Martin 58110 58110 14080 14080 13502 13502 26428 0 7755 0 119875 85692 0 0 Joel Block 55421 55421 11458 11458 7412 7412 21955 0 17558 0 113804 74291 0 0 Barak Longnecker 12253 26038 0 0 27121 57631 20288 0 17197 0 76859 83669 0 0 Ryan Delaney 30423 45634 2349 3523 25194 37792 22613 0 7344 0 87923 86949 0 0 Form 990, Part VI, Section A, line 6 The Company has one class of members. Any person, firm, association, corporation or body politic or subdivision thereof may be a member upon receiving telecommunications and/or information services from the Company. No member may hold more than one membership interest. Each member is entitled to one vote upon each matter submitted to a vote at a meeting of the members, including election of Trustees, approve significant decisions, or receive a share of the organizations profits or excess dues upon dissolution. Form 990, Part VI, Section A, line 7a The Company has one class of members. Any person, firm, association, corporation or body politic or subdivision thereof may be a member upon receiving telecommunications and/or information services from the Company. No member may hold more than one membership interest. Each member is entitled to one vote upon each matter submitted to a vote at a meeting of the members, including election of Trustees, approve significant decisions, or receive a share of the organizations profits or excess dues upon dissolution. Form 990, Part VI, Section A, line 7b Decisions of the governing body that are subject to approval by the members include nomination, election, removal and compensation of trustees; sale, mortgage or encumbrance of cooperative property; alterations, amendments or cancellations of bylaws; and indemnification of board members, officers, employees or agents. Form 990, Part VI, Section B, line 11 A copy of the 990 is normally reviewed by the Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c Board policy requires disclosure of all conflicts of interest. All possible conflicts of interest must be discussed with the employee's supervisor/manager as they arise. Those conflicts are reviewed by the President and General Counsel when appropriate. Form 990, Part VI, Section B, line 15a The Board of Trustees reviews and approves the annual compensation of the Chief Executive Officer, who then determines the compensation of other officers and key employees based on an overall labor budget approved by the Board of Trustees. Form 990, Part VI, Section C, line 19 Tax return is filed with the IRS and available through site or by request. Additionally, a summary of the annual financial statements is mailed directly to each cooperative member with the annual report. All Other Functional Expenses Form 990, Part IX, line 24e Plant Nonspecific Operations: Total expenses 1,558,260. Cost of Goods Sold: Total expenses 1,406,027. Property Taxes: Total expenses 772,784. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Patronage Capital Retired -1,493,892. Donated Equity -19,174. Educational Services and Software Donations -245,802. Changes in Accumulated OCI -530,420. Other -17,799. Capital Credit Allocation to Patrons 2,300,983. BTC Holdings Inc and Subsidiaries 1221 North Russell Missoula MT 59802 810484507 Telecommunications MT C -150 303 1.00000 1 Blackfoot Communications Inc 1221 North Russell Missoula MT 59802 810499119 Telecommunications MT BTC Holdings Inc C 254469 8573341 1.00000 1 Telesphere Software Inc 1221 North Russell Missoula MT 59802 810102705 Telecommunications MT BTC Holdings Inc C 428721 850431 1.00000 1 1 0 0 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 BTC Holdings Inc and Subsidiaries A 495107 Book Cost BTC Holdings Inc and Subsidiaries D 7200000 Book Cost BTC Holdings Inc and Subsidiaries G 98807 Book Cost BTC Holdings Inc and Subsidiaries K 1734525 Book Cost BTC Holdings Inc and Subsidiaries N 449374 Book Cost BTC Holdings Inc and Subsidiaries O 5617114 Book Cost BTC Holdings Inc and Subsidiaries P 1099311 Book Cost