Roosevelt County Rural Telephone Cooperative Inc

Organization Overview

Roosevelt County Rural Telephone Cooperative Inc is located in Portales, NM. As of 12/2018, Roosevelt County Rural Telephone Cooperative Inc employed 35 individuals. Roosevelt County Rural Telephone Cooperative 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.

For the year ending 12/2018, Roosevelt County Rural Telephone Cooperative Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $4.5m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOCAL TELEPHONE SERVICE TO MEMBERS AT COST ON A COOPERATIVE BASIS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COOPERATIVE PROVIDED LOCAL TELEPHONE EXCHANGE SERVICE AND OTHER TELECOMMUNICATIONS SERVICES TO 1,267 SUBSCRIBER ACCESS LINES AT YEAR END. ALL MEMBERS WERE SERVED AT COST ON A COOPERATIVE BASIS.


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Board, Officers & Key Employees

Name (title)Compensation
Ronald Fouts
President
$17,824
Jimmy Duncan
Vice President
$20,194
Randy Lieb
Secretary/treasurer
$16,590
Shelly Buzzard
Director
$3,188
Dave Sanders Jr
Director
$4,620
Scott Dickerman
Director
$3,100

Outside Vendors & Contractors

Vendor Name (Service)Compensation
N-com Inc
Engineering Services
$124,788
Gvnw Consulting Group
Cost Consulting
$120,563
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$4,395,482
Investment income $47,141
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $140,755
Net Gain/Loss on Asset Sales $6,831
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,594,858

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