Peoples Rural Telephone Cooperative Corporation Inc

Organization Overview

Peoples Rural Telephone Cooperative Corporation Inc is located in Mckee, KY. The organization was established in 1961. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Peoples Rural Telephone Cooperative Corporation Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peoples Rural Telephone Cooperative Corporation Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2022, Peoples Rural Telephone Cooperative Corporation Inc generated $21.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $21.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 4 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

PROVIDE TELEPHONE SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 6,300 CUSTOMERS ON A MONTHLY BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE TELEPHONE SERVICE TO MEMBER OWNERS ON A PATRONAGE BASIS. SERVE AN AVERAGE OF APPROXIMATELY 6,300 CUSTOMERS ON A MONTHLY BASIS


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Board, Officers & Key Employees

Name (title)Compensation
Armel Davidson
Director
$7,132
Don Barrett
Director
$42,737
Patricia Henderson
Director
$14,371
Gary Cornett
Secretary
$6,058
Nelson Bobrowski
Treasurer
$32,631
Wendell Gabbard
Vice President
$29,506

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$19,081,044
Investment income $0
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 $21,635,112

Peer Organizations

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Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired
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New Hope Telephone Cooperative
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Sherwood Mutual Telephone Association Inc
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Glasford Telephone Co
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Virginia Cable Telecommunications Inc
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