2011-09-14T12:47:01-05:00 2010-12-31 AKT LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2010-01-01 930143500 COLTON TELEPHONE COMPANY COLT 5038243211 P O BOX 68 COLTON OR 97017 PEGGY TURNER 5038243211 2011-08-30 1 KATHY A GORDON CPA 5035857774 2010 2016-03-07 17:11:31Z PEGGY TURNER P O BOX 68 COLTON OR 97017 2739934 0 X WWW.COLTON.COM X 1930 OR TO BE A COMMUNITY-MINDED, QUALITY-FOCUSED, SERVICE-CENTERED, AND VALUE-DRIVEN TELECOMMUNICATIONS PROVIDER. 7 7 11 0 -4812 -29553 0 0 2815231 2756894 -1524 -28261 60091 11301 2873798 2739934 0 0 0 0 134605 134980 0 0 0 2576156 2515542 2710761 2650522 163037 89412 5383039 5032362 1930267 1522138 3452772 3510224 TO BE COMMUNITY MINDED, QUALITY FOCUSED, SERVICE CENTERED, AND VALUE DRIVEN. 0 0 PROVIDE TELECOMMUNICATIONS SERVICE TO COOPERATIVE MEMBERS. AT DECEMBER 31, 2010, 1,004 LINES WERE IN SERVICE. 0 0 0 0 0 0 0 0 1 1 0 0 1 0 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 0 1 12 0 1 11 1 1 1 0 0 0 0 0 0 1198663 24546 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 PEGGY TURNER 5038243211 20983 S HWY 211 COLTON OR 97017 CARL MORGAN 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 ED STARR 1.00 X 0 0 0 JOSE RODRIGUEZ 1.00 X 0 0 0 JEREMY FRAIJO 1.00 X 0 0 0 PEGGY S TURNER 40.00 X 106916 0 28064 106916 0 28064 1 0 0 0 MATTON UTILITY 20219 S SPRAGUE RD OREGON CITY OR 97045 CONSTRUCTION OF TELEPHONE PLANT 214691 1 TELECOMMUNICATIONS SVC 517000 2756894 2756894 2756894 -28261 -29092 831 DIRECTORY ADVERTISING 541800 24280 24280 OTHER INCOME 517000 -12979 -12979 11301 2739934 2743915 -4812 831 134980 94166 519985 CORPORATE 690839 PLANT SPECIFIC 496145 CABLE TV EXPENSES 281536 CUSTOMER 125200 PLANT NON-SPECIFIC 79207 228464 2650522 411956 309887 190406 154266 97132 116060 61123 61364 80992 42837 9470816 5769441 3881878 3701375 659552 646573 5383039 5032362 91856 128096 1753804 1309261 84607 84781 1930267 1522138 X 0 0 0 0 3452772 3510224 3452772 3510224 5383039 5032362 X 89412 -31960 X 0 1 1 X 0 307948 307948 683416 401226 282190 8479452 5368215 3111237 3701375 OREGON CABLE GROUP LLC 513980 C EASTERN OREGON HOLDINGS COMPANY LLC 116797 C OTHER INVESTMENTS 15796 C 646573 CUSTOMER DEPOSITS 3789 OTHER LIABILITIES 46548 PATRONAGE CAPITAL PAYABLE 34444 84781 2739934 2650522 89412 -31960 -31960 57452 2769026 0 2769026 -29092 -29092 2739934 2650522 0 2650522 0 2650522 PART XI, LINE 8 - OTHER ADJUSTMENTS: RETIREMENT OF PATRONAGE CAPITAL -97,439. RECLAIMED PATRONAGE CAPITAL 35,204. PARTNERSHIP INVESTMENTS 29,092. FEDERAL COMMUNICATIONS EXCISE TAX FUND 1,183. PART XII, LINE 4B - OTHER ADJUSTMENTS: PASSTHROUGH LOSS FROM EASTERN OREGON HOLDING COMPANY, LLC FORM 990, PART VI, SECTION A, LINE 2 THE SECRETARY OF THE BOARD OF DIRECTORS, 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 COMPANY PATRONS 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 PATRONS 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 5: RETIREMENT OF PATRONAGE CAPITAL -97,439. RECLAIMED PATRONAGE CAPITAL 35,204. PARTNERSHIP INVESTMENTS 29,092. FEDERAL COMMUNICATIONS EXCISE TAX FUND 1,183. TOTAL TO FORM 990, PART XI, LINE 5: -31,960.