South Dakota Telecommunications Association
- Assets
- $686.5k
- Revenue
- $887.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Pierre, SD
- Founding
- 02/1974
- Data as of
- 12/2023
- EIN
- 46-0319642
Organization Overview
South Dakota Telecommunications Association is located in Pierre, SD. The organization was established in 1974. 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. South Dakota Telecommunications 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 12/2023, South Dakota Telecommunications Association generated $887.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $743.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE DEVELOPMENT OF TELECOMMUNICATIONS IN SOUTH DAKOTA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGAL REPRESENTATION AT THE SD PUBLIC UTILITIES COMMISSION, STATE COURTS, FCC AND FEDERAL COURTS REGARDING MATTERS IMPACTING RURAL COMMUNICATIONS (TELECOMMUNICATIONS AND BROADBAND). RESULTS ARE INTANGIBLE AND CANNOT BE MEASURED. SDTA MUST REACT TO INDUSTRY AND GOVERNMENT ACTION AND CANNOT PREDICT WHEN SUCH LEGAL INTERVENTION IS NECESSARY.
REGULATORY AND POLICY ADVOCACY WITHIN THE STATE LEGISLATURE, GOVERNOR'S OFFICE, PUBLIC UTILITIES COMMISSION, FEDERAL GOVERNMENT AND OTHER INDUSTRY GROUPS. RESULTS ARE INTANGIBLE AND CANNOT BE MEASURED.
TO PROVIDE EDUCATION TO MEMBER COMPANY DIRECTORS AND EMPLOYEES REGARDING REGULATORY AND LEGAL CHANGES. THE ORGANIZATION AIMS TO PROVIDE THE FOLLOWING SPECIALIZED EDUCATION EACH YEAR: (I) BOARD DIRECTORS (POLICY AND REGULATORY), (II) SUPERVISOR TRAINING, (III) OFFICE PROFESSIONALS TRAINING (ACCOUNTING, HR AND CUSTOMER SERVICE), (IV) MARKETING PROFESSIONALS TRAINING, (V) PLANT AND TECHNOLOGY WORKSHOP (TECHNICIAN TRAINING). IN ADDITION, EVERY SECOND YEAR (IN ODD YEARS) THE ORGANIZATION HOLDS A PUC FORUM. THE FORUM IS INTENDED TO ADDRESS REGULATORY AND LEGAL CHALLENGES, OPPORTUNITIES AND CHANGES WITH PUC COMMISSIONERS AND STAFF AS GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Mutziger President | OfficerTrustee | 5 | $0 |
Steve Meyer Vice President | OfficerTrustee | 3 | $0 |
Tracy Bandemer Secretary | OfficerTrustee | 3 | $0 |
Denny Law Treasurer | OfficerTrustee | 3 | $0 |
Ross Petrick Director | Trustee | 2 | $0 |
Scott Bostrom Director | Trustee | 2 | $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 | $60,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,000 |
| Total Program Service Revenue | $826,783 |
| Investment income | $830 |
| 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 | $887,613 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $204,760 |
| 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 | $10,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $145,654 |
| Fees for services: Accounting | $10,293 |
| Fees for services: Lobbying | $19,713 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $128,069 |
| Advertising and promotion | $6,099 |
| Office expenses | $16,183 |
| Information technology | $5,207 |
| Royalties | $0 |
| Occupancy | $22,533 |
| Travel | $20,176 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,445 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,322 |
| All other expenses | $0 |
| Total functional expenses | $743,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $621,848 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,646 |
| 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 | $52,041 |
| Total assets | $686,535 |
| Accounts payable and accrued expenses | $93,255 |
| 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 | $52,041 |
| Total liabilities | $145,296 |
| Net assets without donor restrictions | $541,239 |
| Net assets with donor restrictions | $0 |
| 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 | $686,535 |