Telephone Association
- Assets
- $179.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bangor, ME
- Founding
- 04/1966
- Data as of
- 12/2021
- EIN
- 01-6013593
Organization Overview
Telephone Association is located in Bangor, ME. The organization was established in 1966. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Telephone Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Telephone Association generated $143.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $130.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TAM'S EXTERNAL AFFAIRS MANAGER (EAR), BEN SANBORN REPRESENTS TAM AT THE LEGISLATURE AND WITH THE MAINE PUBLIC UTILITIES COMMISSION. TAM ALSO HAS THE LEGISLATIVE COMMITTEE THAT MAKES A PRESENCE AT EUT COMMITTEE MEETINGS AND HOLDS MEETINGS PERIODICALLY WITH THE STAFF AT THE COMMISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Holley Secretary | 1 | $0 | |
Beth Osler President | 1 | $0 | |
Megan Harvey Treasurer | 1 | $0 | |
Trina Bragdon Director | 1 | $0 | |
Kit Byer Director | 1 | $0 | |
Joel Dohmeier Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $143,712 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,738 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $124,271 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,884 |
| Total expenses | $130,155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $172,763 |
| Other assets | $0 |
| Total assets | $178,980 |
| Total liabilities | $6,210 |
| Net assets or fund balances | $172,770 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthinfonet New Gloucester, ME | $5,992,399 | $6,471,256 |
Manchester Public Television Service Inc Manchester, NH | $7,676 | $476,377 |
Telephone Association Bangor, ME | $178,980 | $0 |
Clearview Community Television Services Sanbornville, NH | $9,105 | $0 |
Old Town-Orono Fiber Corporation Orono, ME | $3,341 | $0 |