Skip to content
Nonprofiteer
← PEMBROKE TELEPHONE COOPERATIVE

Form 990 for tax year 2023

Filed by PEMBROKE TELEPHONE COOPERATIVE.

Totals

Total revenue
$2,605,602
Total expenses
$2,045,548
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,530,674
Investment income
$25,338
Other revenue
$49,590
Total assets, end of year
$9,297,134
Total liabilities, end of year
$2,285,346
Net assets or fund balances, end of year
$7,011,788
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Network access and lon

    total $1,410,344 · related or exempt $1,410,344

  • 2b · Program service revenue: Video and other non-re

    total $545,589 · related or exempt $545,589

  • 2c · Program service revenue: Basic local network se

    total $500,854 · related or exempt $500,854

  • 2f · All other program service revenue

    total $73,887 · related or exempt $49,092 · unrelated business $24,795

  • 3 · Investment income

    total $25,338 · excluded $25,338

  • 6a · Gross rents

    personal property $49,590

  • 6b · Less rental expenses

    personal property $0

  • 6c · Rental income or loss

    personal property $49,590

  • 6d · Net rental income or loss

    total $49,590 · related or exempt $31,590 · unrelated business $18,000

Functional expenses

Part IX, the statement of functional expenses.

  • 20 · Interest

    total $19,491

  • 22 · Depreciation, depletion and amortization

    total $277,945

  • 24a · Other expenses: Plant specific operatio

    total $660,346

  • 24b · Other expenses: Corporate operations

    total $520,206

  • 24c · Other expenses: Plant nonspecific opera

    total $301,173

  • 24d · Other expenses: Customer operations

    total $240,325

  • 24e · All other expenses

    total $26,062

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $293,759 · end of year $702,145

  • 2 · Savings and temporary cash investments

    beginning of year $1,000,000 · end of year $1,125,000

  • 4 · Accounts receivable

    beginning of year $219,157 · end of year $239,689

  • 8 · Inventories for sale or use

    beginning of year $397,316 · end of year $171,903

  • 9 · Prepaid expenses and deferred charges

    beginning of year $95,576 · end of year $126,083

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

    $15,419,275

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

    $9,549,440

  • 10c · Land, buildings and equipment, net

    beginning of year $4,677,952 · end of year $5,869,835

  • 12 · Investments: other securities

    beginning of year $991,825 · end of year $991,825

  • 13 · Investments: program-related

    beginning of year $68,866 · end of year $67,966

  • 15 · Other assets

    beginning of year $1,452 · end of year $2,688

  • 17 · Accounts payable and accrued expenses

    beginning of year $678,786 · end of year $1,084,779

  • 23 · Secured mortgages and notes payable

    beginning of year $280,832 · end of year $951,336

  • 25 · Other liabilities

    beginning of year $224,442 · end of year $249,231

  • 29 · Capital stock, trust principal or current funds

    beginning of year $32,745 · end of year $36,020

  • 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 $6,529,098 · end of year $6,975,768

Mission and programs · 2023

Mission

Provides communications services to eastern Giles County, Virginia

  • Provides local and long-distance telephone services including DSL to customers in eastern Giles County, Virginia

As filed on the 2023 return.

Listed in Part VII

  • Leon Law

    President

    Total calculated
    $5,550
    From this org
    $5,550
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Giles Lester Jr

    Secretary/Treasurer

    Total calculated
    $4,450
    From this org
    $4,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Elaine Cook

    Director

    Total calculated
    $3,550
    From this org
    $3,550
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Matthew Little

    Director

    Total calculated
    $3,950
    From this org
    $3,950
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Brett Farmer

    Vice-President

    Total calculated
    $4,050
    From this org
    $4,050
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Michael Dudding

    General Manager

    Total calculated
    $95,801
    From this org
    $95,801
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

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

  • Giles-Craig Communications Inc

    C · Internet Provider, Toll Provider · VA · 100% owned

Provenance

Return type
form_990
Tax year
2023
Filed
29 October 2024
IRS schema version
2023v5.1
Source object
202403169349303015

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.