Missouri Universal Service Fund Inc
- Assets
- $882.0k
- Revenue
- $360.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jefferson City, MO
- Founding
- 11/1998
- Data as of
- 06/2022
- EIN
- 43-1818855
Organization Overview
Missouri Universal Service Fund Inc, operating under the name Missouri Universal Service Board, is located in Jefferson City, MO. The organization was established in 1998. According to its NTEE Classification (W90) the organization is classified as: Consumer Protection, 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. Missouri Universal Service Board is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Missouri Universal Service Board generated $360.0 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 (67.1%) each year. All expenses for the organization totaled $823.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Missouri Universal Service Board has awarded 193 individual grants totaling $6,472,853. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RECEIPT AND DISBURSEMENT OF UNIVERSAL SERVICE FUNDS FOR THE PURPOSE OF PROVIDING TELEPHONE SERVICE TO LOW INCOME AND MISSOURI RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS FROM THE UNIVERSAL SERVICE FUND SHALL ONLY BE USED (1) TO ENSURE THE PROVISION OF REASONABLY COMPARABLE ESSENTIAL LOCAL TELECOMMUNICATIONS SERVICES THROUGHOUT THE STATE AT JUST, REASONABLE, AND AFFORDABLE RATES; (2) TO ASSIST LOW INCOME AND DISABLED CUSTOMERS IN AFFORDABLE ESSENTIAL TELECOMMUNICATIONS SERVICES; AND (3) TO PAY THE REASONABLE, AUDITED COSTS OF ADMINISTERING THE UNIVERSAL SERVICE FUND. FUNDS COLLECTED FROM CONTRIBUTORS BY THE ADMINISTRATOR, THROUGH A CARRIER SURCHARGE OF NET JURISDICTIONAL REVENUES, ARE RESTRICTED AS TO THEIR INTENDED USE RELATED TO THE LOW INCOME SUPPORT MECHANISMS ESTABLISHED PURSUANT TO 4 CSR 240-31.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maida J Coleman Chairman | OfficerTrustee | 1 | $0 |
Glen Kolkmeyer Secretary | OfficerTrustee | 1 | $0 |
Ryan Silvey Trustee | Trustee | 1 | $0 |
Scott T Rupp Trustee | Trustee | 1 | $0 |
Jason Holsman Trustee | Trustee | 1 | $0 |
Mark Poston Trustee | Trustee | 1 | $0 |
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 | $206 |
| Investment income | $154 |
| 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 | $360 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $745,037 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $63,204 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $823,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $882,014 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $882,014 |
| Accounts payable and accrued expenses | $73,189 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $73,189 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $808,825 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $882,014 |
Grants Awarded
Over the last fiscal year, Missouri Universal Service Fund Inc has awarded $702,334 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
CENTURYTEL OF MISSOURI LLC PURPOSE: PROVIDING TELE SERV. | $118,254 |
SPECTRA TELECOMMUNICATIONS LLCCENTURYLINK PURPOSE: PROVIDING TELE SERV. | $91,343 |
WINDSTREAM MISSOURI INC PURPOSE: PROVIDING TELE SERV. | $75,844 |
GRAND RIVER MUTUAL TEL CO PURPOSE: PROVIDING TELE SERV. | $57,664 |
EMBARQ MISSOURICENTURYLINK PURPOSE: PROVIDING TELE SERV. | $49,378 |
FIDELITY TELEPHONE COMPANY PURPOSE: PROVIDING TELE SERV. | $35,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Safe Skies Alliance Inc Louisville, TN | $472,651 | $4,638,557 |
Missouri Universal Service Fund Inc Jefferson City, MO | $882,014 | $360 |
Foundation For Information Accountability And Governance Little Rock, AR | $804,996 | $643,342 |
Nebraska Coalition Patient Safety Omaha, NE | $758,206 | $652,422 |
St Joseph Safety And Health Council Inc Saint Joseph, MO | $179,134 | $411,738 |
Illinois Pirg Education Fund Chicago, IL | $731,422 | $466,930 |
Community Service Center Of Wilmore - High Bridge Inc Wilmore, KY | $142,009 | $278,697 |
Cameron Missouri Veterans Home Assistance League Cameron, MO | $617,857 | $242,816 |
Public Action Foundation Chicago, IL | $57,035 | $0 |
Missouri Association For Persons With Intellectual Disabilities Inc Cape Girardeau, MO | $1,200,176 | $40,992 |
Kansas City Regional Transit Alliance Kansas City, MO | $46,733 | $0 |