Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: WIRELINE REVENUE

  total $29,269,667 · related or exempt $29,269,667

• 2b · Program service revenue: INTERNET REVENUE

  total $9,781,172 · related or exempt $9,781,172

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $1,197,053 · unrelated business $421,118 · excluded $775,935

• 6a · Gross rents

  real property $403,729

• 6c · Rental income or loss

  real property $403,729 · personal property $0

• 6d · Net rental income or loss

  total $403,729 · related or exempt $398,553 · unrelated business $5,176

• 7c · Gain or loss

  securities $0 · other assets $0

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $57,614 · excluded $57,614

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $57,614

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $13,426,759

• 5 · Compensation of officers, directors and key employees

  total $2,631,267

• 7 · Other salaries and wages

  total $5,090,483

• 8 · Pension plan contributions

  total $167,791

• 9 · Other employee benefits

  total $2,586,236

• 10 · Payroll taxes

  total $506,273

• 11b · Fees: legal

  total $49,624

• 11c · Fees: accounting

  total $701,002

• 11g · Fees: other

  total $0

• 12 · Advertising and promotion

  total $81,506

• 16 · Occupancy

  total $30,511

• 22 · Depreciation, depletion and amortization

  total $7,230,565

• 24a · Other expenses: PLANT SPECIFIC EXPENSES

  total $4,300,083

• 24b · Other expenses: BROADBAND SERVICES

  total $1,845,885

• 24c · Other expenses: OTHER OPERATING TAXES

  total $501,687

• 24d · Other expenses: CUSTOMER OPERATIONS

  total $336,294

• 24e · All other expenses

  total $297,846

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,559,517 · end of year $21,751,300

• 2 · Savings and temporary cash investments

  beginning of year $10,991,000 · end of year $6,350,046

• 4 · Accounts receivable

  beginning of year $2,929,364 · end of year $2,788,785

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $7,730,666 · end of year $5,747,848

• 9 · Prepaid expenses and deferred charges

  beginning of year $550,689 · end of year $688,036

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

  $132,698,527

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

  $67,258,719

• 10c · Land, buildings and equipment, net

  beginning of year $50,835,426 · end of year $65,439,808

• 12 · Investments: other securities

  beginning of year $36,273,765 · end of year $41,486,150

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $325,022 · end of year $400,000

• 15 · Other assets

  beginning of year $15,941,097 · end of year $13,381,256

• 17 · Accounts payable and accrued expenses

  beginning of year $3,939,636 · end of year $5,315,155

• 19 · Deferred revenue

  beginning of year $1,250,659 · end of year $1,172,572

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $328,186 · end of year $341,870

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

  beginning of year $80,704,434 · end of year $91,589,882

• 31 · Retained earnings, endowment or other funds

  beginning of year $50,913,631 · end of year $59,613,750

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions

LAMONT BLACK, BRENT GRIFFIN, VANYA HAMPTON, CRAIG LAUB, MERLIN ESPLIN, PAUL PACE, LANCE SYRETT, JON TORGERSON, AND WAYNE WISEMAN HAD SPOUSAL TRAVEL AND IT WAS NOT CONSIDERED TAXABLE INCOME. IT WAS NOT REPORTED ON THEIR 1099.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• SOUTH CENTRAL TELCOM SERVICES LLC

  COMMUNICATION · UT · income $1,242,054 · assets $964,634

  Directly controlled by SCUTA

• Z-FIBER LLC

  INTERNET SERVICES · UT · income $0 · assets $0

  Directly controlled by SCUTA

Related corporations and trusts

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

• SOUTH CENTRAL COMMUNICATIONS

  C Corporation · COMMUNICATION · UT · 100% owned · share of income $20,249,144 · share of assets $61,673,595 · controlled entity

  Directly controlled by SCUTA