Dekalb Telephone Cooperative
- Assets
- $122.0m
- Revenue
- $26.3m
- Investments
- $0.0
- Employees
- 49
- Location
- Alexandria, TN
- Founding
- 10/1962
- Data as of
- 12/2023
- EIN
- 62-0513986
Organization Overview
Dekalb Telephone Cooperative, operating under the name Dtc Communications, is located in Alexandria, TN. The organization was established in 1962. 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 12/2023, Dtc Communications employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dtc Communications 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 12/2023, Dtc Communications generated $26.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $25.2m during the year ending 12/2023. While expenses have increased by 5.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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 PROVIDE WORLD-CLASS BROADBAND AND TECHNOLOGY SOLUTIONS TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS AND THE REGIONS WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEKALB TELEPHONE COOPERATIVE, INC. PROVIDED A VARIETY OF TELECOMMUNICATION SERVICES TO ITS MEMBERS THAT ARE PRIMARILY LOCATED IN ALEXANDRIA, AUBURNTOWN, GORDONSVILLE, LIBERTY, MILTON, NORENE, SMITHVILLE, TEMPERANCE HALL, WOODBURY, AND WOODLAND (TENNESSEE). THESE SERVICES INCLUDED WIRELESS SERVICE, INTERNET ACCESS, HIGH SPEED DATA SERVICES, SPECIAL CALLING FEATURES, VOICE MAIL, LONG DISTANCE AND DTC TV SERVICE.
DEKALB TELEPHONE COOPERATIVE, INC. CONTINUED BUILD OUT OF ITS FIBER NETWORK, WHICH PROVIDES HIGH SPEED BROADBAND SERVICES TO COOPERATIVE MEMBERS. THE COMPLETION OF THE FIBER NETWORK IS PROJECTED FOR ALL COOPERATIVE MEMBERS BY 2025.
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 |
|---|---|---|---|
James Vinson Director | Trustee | 5 | $30,047 |
Randy Campbell Director / Treasurer | OfficerTrustee | 5 | $29,149 |
Bennie Curtis Director / President | OfficerTrustee | 5 | $25,467 |
Kurt Bass Director | Trustee | 5 | $21,825 |
Ronnie Garrison Director | Trustee | 5 | $21,504 |
David Parker Director | Trustee | 5 | $21,254 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Red Stag Contractors Llc Telephone Line Construction | 12/30/23 | $11,894,381 |
Palmetto Engineering Llc Engineering Consulting | 12/30/23 | $2,598,303 |
Billy F House Jr Telephone Line Construction | 12/30/23 | $881,712 |
E & E Fiber Llc Fiber Electronics Installations | 12/30/23 | $562,368 |
Crossconnect Engineering Engineering Consulting | 12/30/23 | $736,482 |
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 | $24,746,842 |
| Investment income | $149,887 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,604 |
| 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 | $26,316,366 |
| 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. | $1,129,597 |
| 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 | $1,852,387 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,769,603 |
| Insurance | $0 |
| All other expenses | $1,753,260 |
| Total functional expenses | $25,195,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,179,352 |
| Savings and temporary cash investments | $5,178,464 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,202,821 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,783,605 |
| Prepaid expenses and deferred charges | $590,708 |
| Net Land, buildings, and equipment | $90,514,167 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $17,056,102 |
| Intangible assets | $487,847 |
| Other assets | $31,978 |
| Total assets | $122,025,044 |
| Accounts payable and accrued expenses | $7,325,982 |
| 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 | $49,822,120 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,718,090 |
| Total liabilities | $69,866,192 |
| 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 | $52,158,852 |
| Total liabilities and net assets/fund balances | $122,025,044 |