2012-08-21T16:51:52-05:00 2011-12-31 930623286 AKT LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2011-01-01 930228976 MONITOR COOPERATIVE TELEPHONE COMPANY MONI 5036342266 15265 WOODBURN-MONITOR ROAD NE WOODBURN OR 97071 GERI FRAIJO 5036342266 2012-08-15 1 KATHY A GORDON CPA P00016213 5035857774 2011 2016-02-24 21:20:13Z GERI FRAIJO 15265 WOODBURN-MONITOR ROAD NE WOODBURN OR 97071 1737986 0 X WWW.MONITORCOOP.COM X 1959 OR THE COOPERATIVE PROVIDES TELECOMMUNICATIONS SERVICES TO ITS MEMBERS. 5 5 9 0 3854 -230 0 0 1734154 1731940 9747 2192 4832 3854 1748733 1737986 4176 4237 0 0 132822 134872 0 0 0 1372133 1381237 1509131 1520346 239602 217640 3726997 3732318 1060306 925931 2666691 2806387 TELECOMMUNICATIONS COOPERATIVE 0 0 THE COOPERATIVE PROVIDES TELECOMMUNICATION SERVICES TO ITS MEMBERS. AT DECEMBER 31, 2011, THERE WERE 521 ACCESS LINES. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 29 0 9 1 1 1 0 0 0 0 338784 36658 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 0 1 0 1 1 0 1 1 0 X GERI FRAIJO 5036342266 15625 WOODBURN-MONITOR RD NE WOODBURN OR 97071 BARBARA IVERSON 1.00 X X 2600 0 0 JOHN ANNEN 1.00 X 1950 0 0 KIRK METTEER 1.00 X X 4300 0 0 DEAN AUGUSTUS 1.00 X 3000 0 0 DEREK PAVLICEK 1.00 X X 1500 0 0 PATRICIA WALLACE 1.00 X X 2200 0 0 GERI FRAIJO 40.00 X 87195 0 32127 102745 0 32127 0 0 0 0 MATTON UTILITY INC 20219 S SPRAGUE RD OREGON CITY OR 97045 FIBER BUILD 243087 1 TELECOMMUNICATIONS 517000 1731940 1731940 1731940 2192 2192 DIRECTORY ADVERTISING 541800 3854 3854 3854 1737986 1731940 3854 2192 4237 134872 45736 360401 CORPORATE EXPENSE 385154 PLANT SPECIFIC 359353 CUSTOMER EXPENSES 73591 NON-REGULATED EXPENSES 67281 89721 1520346 4226 21204 738678 599184 134299 146409 28507 31391 24586 25326 7483992 4598537 2773599 2885455 23102 23349 3726997 3732318 77882 85900 939279 794072 43145 45959 1060306 925931 X 2784 2815 0 0 2663907 2803572 2666691 2806387 3726997 3732318 X 217640 -77944 X 0 1 1 X 0 327443 327443 1224755 625467 599288 5889127 3973070 1916057 42667 42667 2885455 PATRONAGE PAYABLE 42069 CUSTOMER DEPOSITS 3890 45959 1737986 1520346 217640 -77944 -77944 139696 1737986 0 1737986 0 1737986 1520346 0 1520346 0 1520346 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE COOPERTIVE 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 TAX AUTHORITY. MANAGEMENT HAS DETERMINED THAT THE COOPERATIVE HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2011 AND 2010. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED WITH REVENUES PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED WITH REVENUES PART XI, LINE 8 - OTHER ADJUSTMENTS OTHER COMPREHENSIVE INCOME = 683 ESTATE PAYMENTS = (16,403) PATRONAGE CAPITAL RETIRED = (56,750) EXCISE TAX REFUNDS = 1,544 NET MEMBERSHIP CHANGE = 31 PATRONAGE CAPITAL RECLAIMED = 3,072 TOTAL ADJUSTMENT = (67,823) FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A COOPERATIVE. ANYONE WHO RECEIVES SERVICE FROM THE COOPERATIVE IS AUTOMATICALLY AND INSTANTANEOUSLY A MEMBER. MEMBERS MUST ALSO COMPLETE A MEMBERSHIP APPLICATION, AGREE TO PURCHASE SERVICES AND PAY CHARGES FOR THOSE SERVICES FROM THE COOPERATIVE, BE BOUND BY THE GOVERNING DOCUMENTS AND RULES OF THE COOPERATIVE, AND PAY A NON-REFUNDABLE FEE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE COOPERATIVE HAVE VOTING POWER TO ELECT OFFICERS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER OF THE COOPERATIVE HAS A VOTE. THE VOTE ALLOWS THEM TO ELECT THE BOARD AS WELL AS VOTE ON ANY ISSUE THAT COMES BEFORE THE MEMBERSHIP AT A SPECIAL OR ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT/CEO REVIEWS A COPY OF THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE AWARE OF THE CONFLICT OF INTEREST POLICY. EACH EMPLOYEE MUST REVIEW AND SIGN THE POLICY. IT IS REVIEWED ANNUALLY AND CURRENTLY THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ALL SALARIES ARE REVIEWED ANNUALLY. THE BOARD OF DIRECTORS REVIEWS AND DETERMINES THE CEO/PRESIDENT SALARY, USING NTCA SALARY COMPARISONS AS A GUIDELINE. CONTEMPORANEOUS MINUTES ARE TAKEN DURING THIS PROCESS. THE CEO/PRESIDENT REVIEWS ALL EMPLOYEE SALARIES AND ALSO USES NTCA'S SALARY COMPARISON AS A GUIDELINE. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS PROVIDED TO THE PUBLIC UPON REQUEST, AND THE FINANCIAL STATEMENTS ARE PRESENTED DURING THE ANNUAL MEETING. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: OTHER COMPREHENSIVE INCOME, NET OF TAX 247. ESTATE PAYMENTS -11,848. PATRONAGE CAPITAL RETIRED -72,242. EXCISE TAX REFUND 2,134. CHANGE IN MEMBERSHIPS 31. PATRONAGE CAPITAL RECLAIMED 3,734. TOTAL TO FORM 990, PART XI, LINE 5: -77,944. MONITOR TELECOM INC 15625 WOODBURN-MONITOR ROAD NE WOODBURN OR 97071 931291708 TELECOMMUNICATIONS INVESTMENTS OR N/A C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0