Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: TELECOMMUNICATION REVENUE

  total $24,612,641 · related or exempt $24,612,641

• 2b · Program service revenue: POLE RENTAL INCOME

  total $134,201 · excluded $134,201

• 3 · Investment income

  total $149,887 · excluded $149,887

• 6a · Gross rents

  real property $2,604

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $2,604

• 6d · Net rental income or loss

  total $2,604 · excluded $2,604

• 11a · Other revenue: AFFILIATE INCOME

  total $1,121,190 · excluded $1,121,190

• 11b · Other revenue: TECH TEAM REVENUE

  total $197,151 · unrelated business $197,151

• 11c · Other revenue: DIRECTORY REVENUE

  total $98,692 · unrelated business $98,692

• 11e · Other revenue, total

  $1,417,033

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,129,597

• 20 · Interest

  total $1,852,387

• 22 · Depreciation, depletion and amortization

  total $7,769,603

• 24a · Other expenses: PLANT SPECIFIC OPERATIO

  total $5,548,066

• 24b · Other expenses: CUSTOMER OPERATIONS

  total $2,714,265

• 24c · Other expenses: NONREGULATED

  total $2,508,597

• 24d · Other expenses: CORPORATE OPERATIONS

  total $1,919,401

• 24e · All other expenses

  total $1,753,260

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $9,663,338 · end of year $1,179,352

• 2 · Savings and temporary cash investments

  end of year $5,178,464

• 4 · Accounts receivable

  beginning of year $3,800,048 · end of year $4,202,821

• 8 · Inventories for sale or use

  beginning of year $4,423,335 · end of year $2,783,605

• 9 · Prepaid expenses and deferred charges

  beginning of year $593,811 · end of year $590,708

• 10a · Land, buildings and equipment: cost or other basis

  $174,513,092

• 10b · Land, buildings and equipment: accumulated depreciation

  $83,998,925

• 10c · Land, buildings and equipment, net

  beginning of year $80,465,614 · end of year $90,514,167

• 13 · Investments: program-related

  beginning of year $16,009,196 · end of year $17,056,102

• 14 · Intangible assets

  beginning of year $487,847 · end of year $487,847

• 15 · Other assets

  beginning of year $54,882 · end of year $31,978

• 17 · Accounts payable and accrued expenses

  beginning of year $5,916,855 · end of year $7,325,982

• 23 · Secured mortgages and notes payable

  beginning of year $45,299,294 · end of year $49,822,120

• 25 · Other liabilities

  beginning of year $12,246,752 · end of year $12,718,090

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $52,035,170 · end of year $52,158,852

The filer's explanations (Part III)

PART I, LINE 1A

THE FOLLOWING AMOUNTS WERE INCLUDED IN EACH OF THE RESPECTIVE DIRECTORS' COMPENSATION AS IT RELATES TO TRAVEL FOR COMPANIONS: BRIAN ALEXANDER - $620 BENNIE CURTIS - $2,122 TERRY MCPEAK - $1,834 JAMES VINSON - $598

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• ADVANTAGE CELLULAR SYSTEMS INC

  C · CELLULAR SERVICE · TN · 100% owned · share of income $10,731,883 · share of assets $18,707,700 · controlled entity

  Directly controlled by DEKALB TELEPHONE COOPERATIVE

• FIRST CHOICE SECURITY INC

  C · SECURITY SERVICES · TN · 100% owned · share of income $355,982 · share of assets $383,635 · controlled entity

  Directly controlled by DEKALB TELEPHONE COOPERATIVE