Scio Mutual Telephone Association
- Assets
- $17.8m
- Revenue
- $4.5m
- Investments
- $744.9k
- Employees
- 8
- Location
- Scio, OR
- Founding
- 08/1943
- Data as of
- 12/2021
- EIN
- 93-0275980
Organization Overview
Scio Mutual Telephone Association is located in Scio, OR. The organization was established in 1943. 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 12/2021, Scio Mutual Telephone Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scio Mutual Telephone Association 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, Scio Mutual Telephone Association generated $4.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $4.4m 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
THE COOPERATIVE PROVIDES TELECOMMUNICATIONS SERVICES TO ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDED VARIOUS TELECOMMUNICATIONS SERVICES TO ITS MEMBERS.
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 |
|---|---|---|---|
Tom Barth General Manager | Officer | 40 | $206,075 |
Jim Nieuwstraten Chairman | OfficerTrustee | 2 | $2,775 |
Beau Buganski Director | Trustee | 2 | $2,460 |
Sandra Baggett Secretary | OfficerTrustee | 2 | $2,060 |
Jack Lowers Treasurer | OfficerTrustee | 2 | $2,060 |
Dean Schrunk Vice Chairman | OfficerTrustee | 2 | $1,260 |
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 | $4,407,683 |
| Investment income | $81,930 |
| 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 | $4,494,478 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,950 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $782,159 |
| Compensation of current officers, directors, key employees. | $307,539 |
| 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 | $3 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,189,640 |
| Insurance | $0 |
| All other expenses | $293,386 |
| Total functional expenses | $4,406,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,564,366 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $472,794 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $116,577 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $424,278 |
| Net Land, buildings, and equipment | $8,413,247 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $744,901 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,293 |
| Total assets | $17,845,456 |
| Accounts payable and accrued expenses | $524,310 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $467,863 |
| Total liabilities | $992,173 |
| 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 | $16,853,283 |
| Total liabilities and net assets/fund balances | $17,845,456 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Molalla Telephone Company Molalla, OR | $51,519,806 | $19,104,786 |
Pioneer Telephone Cooperative Philomath, OR | $33,332,473 | $13,803,671 |
Beaver Creek Cooperative Telephone Company Mt Angel, OR | $10,445,522 | $8,019,128 |
Clear Creek Mutual Telephone Company Oregon City, OR | $3,887,678 | $5,435,820 |
Oregon Fiber Partnership Portland, OR | $21,836,406 | $14,659,612 |
Scio Mutual Telephone Association Scio, OR | $17,845,456 | $4,494,478 |
Tor Project Inc Seattle, WA | $4,406,515 | $7,413,548 |
San Jose Community Media Access Corp San Jose, CA | $11,012,115 | $2,077,013 |
Monitor Cooperative Telephone Company Woodburn, OR | $6,810,177 | $2,101,129 |
Inland Development Corporation Boardman, OR | $11,852,572 | $2,300,003 |
Midpeninsula Community Media Center Inc Palo Alto, CA | $7,154,675 | $636,954 |
St Paul Cooperative Telephone Assn St Paul, OR | $3,035,100 | $1,009,678 |