Grandview Mutual Telephone Co
- Assets
- $448.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paris, IL
- Founding
- 08/1953
- Data as of
- 12/2021
- EIN
- 37-6044772
Organization Overview
Grandview Mutual Telephone Co is located in Paris, IL. The organization was established in 1953. 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. Grandview Mutual Telephone Co is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending 12/2021, Grandview Mutual Telephone Co generated $161.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $104.8k during the year ending 12/2021. 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
PROVIDE TELEPHONE SERVICE TO MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Tate Treasurer | 15 | $13,732 | |
James H Tate President | 1 | $0 | |
Ray Gill Secretary | 1 | $0 | |
John W Parsley Vice-Preside | 1 | $0 | |
Name Not Listed Director | 1 | $0 | |
Ray Roberts Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $161,575 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,575 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $104,755 |
| Total expenses | $104,755 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $261,309 |
| Other assets | $0 |
| Total assets | $448,061 |
| Total liabilities | $4,945 |
| Net assets or fund balances | $443,116 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hancock Rural Telephone Corporation Greenfield, IN | $147,768,424 | $51,230,558 |
South Slope Cooperative Telephone Company Inc North Liberty, IA | $103,327,478 | $39,258,245 |
Foothills Rural Telephone Cooperative Corp Inc Staffordsville, KY | $122,987,128 | $34,205,893 |
Mountain Rural Telephone Cooperative Corporation West Liberty, KY | $142,216,155 | $30,956,573 |
Peoples Rural Telephone Cooperative Corporation Inc Mckee, KY | $99,458,138 | $24,354,512 |
Vernon Communications Cooperative Inc Westby, WI | $43,756,692 | $18,296,533 |
Telecommunication Facilities Corporation St Louis, MO | $37,705,343 | $20,079,070 |
Wabash Telephone Cooperative Inc Louisville, IL | $76,292,242 | $16,908,239 |
Mid Century Telephone Cooperative -Inc- Fairview, IL | $76,982,945 | $10,851,505 |
Kalona Cooperative Telephone Company Kalona, IA | $16,733,268 | $7,276,052 |
Daviess-Martin County Rural Telephone Corporation Montgomery, IN | $38,835,355 | $7,744,077 |
Nelson Communications Cooperative Durand, WI | $35,266,110 | $8,238,356 |