Hardy Telecommunications Inc
- Assets
- $35.7m
- Revenue
- $14.2m
- Investments
- $6.4m
- Employees
- 47
- Location
- Lost River, WV
- Founding
- Data as of
- 12/2022
- EIN
- 55-0398418
Organization Overview
Hardy Telecommunications Inc is located in Lost River, WV. As of 12/2022, Hardy Telecommunications Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hardy Telecommunications Inc 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HARDY TELECOMMUNICATIONS, INC. IS A CUSTOMER-OWNED PROVIDER OF COMMUNICATIONS AND INFORMATION SERVICES, COMMITTED TO INNOVATION, AND DEDICATED TO ENHANCING THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES COMMUNICATIONS SERVICES TO MEMBERS IN WEST VIRGINIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Zirk President | OfficerTrustee | 4 | $5,050 |
Phyllis Cook Vice President | OfficerTrustee | 3 | $2,400 |
Victoria Dyer Secretary | OfficerTrustee | 3 | $2,400 |
Harold Michael Treasurer | OfficerTrustee | 3 | $2,400 |
Ward Malcolm Member | Trustee | 3 | $5,900 |
Gerald Smith Member | Trustee | 3 | $2,400 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Er Excavating Llc Telecommunications | 12/30/22 | $2,083,809 |
Vivicast Media Llc Programming | 12/30/22 | $1,294,742 |
Cssa Equipment | 12/30/22 | $1,212,700 |
Nctc Telecommunications | 12/30/22 | $619,389 |
Goldfield Telecom Inc Equipment | 12/30/22 | $608,223 |
View All Vendors
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 | $14,495,787 |
| Investment income | $57,266 |
| 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 | $14,172,757 |
| 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 | $255,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,646,294 |
| Insurance | $0 |
| All other expenses | $30,000 |
| Total functional expenses | $11,366,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,327,841 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $732,217 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $935,522 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $21,030,801 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $6,419,272 |
| Investments—program-related | $197,392 |
| Intangible assets | $24,250 |
| Other assets | $1,027,509 |
| Total assets | $35,694,804 |
| Accounts payable and accrued expenses | $585,031 |
| Grants payable | $0 |
| Deferred revenue | $119,955 |
| 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 | $6,835,194 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $310,345 |
| Total liabilities | $7,850,525 |
| Net assets without donor restrictions | $0 |
| 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 | $27,844,279 |
| Total liabilities and net assets/fund balances | $35,694,804 |