Pembroke Telephone Cooperative
- Assets
- $7.2m
- Revenue
- $2.5m
- Investments
- $991.8k
- Employees
- 12
- Location
- Pembroke, VA
- Founding
- Data as of
- 12/2021
- EIN
- 54-0855602
Organization Overview
Pembroke Telephone Cooperative is located in Pembroke, VA. As of 12/2021, Pembroke Telephone Cooperative employed 12 individuals. Pembroke 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 12/2021, Pembroke Telephone Cooperative generated $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES COMMUNICATIONS SERVICES TO EASTERN GILES COUNTY, VIRGINIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES LOCAL AND LONG-DISTANCE TELEPHONE SERVICES INCLUDING DSL TO CUSTOMERS IN EASTERN GILES COUNTY, VIRGINIA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Eaton General Manager | Officer | 40 | $107,588 |
Leon Law President | OfficerTrustee | 5 | $4,750 |
Matthew Little Director | Trustee | 2 | $3,650 |
Giles Lester Jr Secretary/treasurer | OfficerTrustee | 2 | $3,200 |
Brett Farmer Vice-President | OfficerTrustee | 2 | $3,200 |
Elaine Cook Director | Trustee | 2 | $3,100 |
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 | $2,492,180 |
| Investment income | $4,347 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $50,232 |
| 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 | $2,546,759 |
| 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. | $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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $11,702 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $415,069 |
| Insurance | $0 |
| All other expenses | $25,448 |
| Total functional expenses | $1,942,121 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,353 |
| Savings and temporary cash investments | $1,000,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $197,369 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $342,060 |
| Prepaid expenses and deferred charges | $125,457 |
| Net Land, buildings, and equipment | $4,215,306 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $991,825 |
| Investments—program-related | $68,866 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,231,236 |
| Accounts payable and accrued expenses | $619,780 |
| 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 | $308,269 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $232,531 |
| Total liabilities | $1,160,580 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $31,255 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $6,039,401 |
| Total liabilities and net assets/fund balances | $7,231,236 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Results For America Washington, DC | $34,611,584 | $37,342,488 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Affinity Health Center Rock Hill, SC | $21,220,850 | $20,654,145 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |