La Valle Telephone Cooperative
- Assets
- $13.1m
- Revenue
- $4.8m
- Investments
- $412.5k
- Employees
- 12
- Location
- La Valle, WI
- Founding
- 07/1963
- Data as of
- 12/2016
- EIN
- 39-0927042
Organization Overview
La Valle Telephone Cooperative is located in La Valle, WI. The organization was established in 1963. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2016, LA Valle Telephone Cooperative employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Valle Telephone Cooperative 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 12/2016, LA Valle Telephone Cooperative generated $4.8m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $4.4m during the year ending 12/2016. While expenses have increased by 9.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
LA VALLE TELEPHONE COOPERATIVE PROVIDES DEPENDABLE, AREA-WIDE TELEPHONE SERVICE ON THE COOPERATIVE PLAN AND AT THE LOWEST COST CONSISTENT WITH SOUND ECONOMY AND GOOD MANAGEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TELEPHONE AND REALTED TELECOMMUNICATIONS SERVICE TO 1,300 ACCESS LINES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bartz CEO | Officer | 16 | $55,439 |
Rodney Henke Secretary/treasurer | OfficerTrustee | 1 | $2,427 |
Paul Bodendein President | OfficerTrustee | 1 | $2,062 |
Don Douglas Director | Trustee | 1 | $1,940 |
Robert Roloff Director | Trustee | 1 | $1,755 |
Edmund Wafle Director | Trustee | 1 | $1,620 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,085,691 |
| Investment income | $2,952 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,020 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,810,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $267,234 |
| Compensation of current officers, directors, key employees. | $12,712 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $436,829 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $188,504 |
| Payroll taxes | $42,901 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,947 |
| Fees for services: Accounting | $51,918 |
| Fees for services: Lobbying | $2,504 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,542 |
| Office expenses | $0 |
| Information technology | $52,678 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $86,752 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $894,301 |
| Insurance | $0 |
| All other expenses | $317,097 |
| Total functional expenses | $4,424,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,139,821 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $158,777 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $194,428 |
| Prepaid expenses and deferred charges | $19,039 |
| Net Land, buildings, and equipment | $10,858,938 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $412,537 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $308,252 |
| Total assets | $13,091,792 |
| Accounts payable and accrued expenses | $377,180 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,856,170 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,233,350 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,000 |
| Total net assets or fund balances | $4,858,442 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vernon Communications Cooperative Inc Westby, WI | $43,756,692 | $18,296,533 |
Wabash Telephone Cooperative Inc Louisville, IL | $76,292,242 | $16,908,239 |
West Central Telephone Association Sebeka, MN | $34,025,496 | $12,330,279 |
Mid Century Telephone Cooperative -Inc- Fairview, IL | $76,982,945 | $10,851,505 |
Runestone Telephone Association Hoffman, MN | $32,214,901 | $11,495,965 |
Kalona Cooperative Telephone Company Kalona, IA | $16,733,268 | $7,276,052 |
Nelson Communications Cooperative Durand, WI | $35,266,110 | $8,238,356 |
Richland-Grant Telephone Cooperative Inc Blue River, WI | $18,746,059 | $6,374,669 |
Illnois Fiber Resources Group Nfp Sycamore, IL | $36,396,135 | $3,347,168 |
La Valle Telephone Cooperative La Valle, WI | $13,091,792 | $4,810,156 |
On Being Project Minneapolis, MN | $6,237,366 | $6,582,457 |
Emily Cooperative Telephone Company Emily, MN | $11,451,551 | $4,355,246 |