Panora Cooperative Cablevision Association Inc

Organization Overview

Panora Cooperative Cablevision Association Inc, operating under the name Panora Telco, is located in Panora, IA. The organization was established in 1983. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Panora Telco 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 12/2022, Panora Telco generated $900.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $925.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY CATV SERVICE TO MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE CABLE TELEVISION SERVICE TO MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
David Ryan
President
$700
Kelvin Hafner
Vice President
$600
Leroy Oxley
Director
$600
Lynnea Andersen
Director
$600
Chris Argenbright
Secretary-Treasurer
$600
Ron Reynolds
Director
$600

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$911,971
Investment income -$15,152
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $900,575

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