Form 990 for tax year 2022
Filed by VAUGHNSVILLE TELEPHONE COMPANY.
Totals
- Total revenue
- $574,571
- Total expenses
- $519,115
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $569,237
- Investment income
- $4,236
- Other revenue
- $1,098
- Total assets, end of year
- $869,347
- Total liabilities, end of year
- $79,609
- Net assets or fund balances, end of year
- $789,738
- Program services expenses (Part IX)
- $246,828
- Management and general expenses
- $272,287
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $246,828
Program services were 47.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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: REVENUE FROM MEMBERS
total $569,025 · related or exempt $569,025
-
2b · Program service revenue: DIRECTORY REVENUE
total $212 · related or exempt $212
-
3 · Investment income
total $4,236 · related or exempt $4,236
-
11a · Other revenue: LATE FEE - NR
total $521 · related or exempt $521
-
11b · Other revenue: LATE FEE - BW
total $275 · related or exempt $275
-
11c · Other revenue: BROADBAND NETWORK GROUP, LLC
total $261 · related or exempt $261
-
11d · All other revenue
total $41 · related or exempt $41
-
11e · Other revenue, total
$1,098
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $53,524 · management and general $53,524
-
7 · Other salaries and wages
total $108,048 · management and general $108,048
-
8 · Pension plan contributions
total $12,515 · management and general $12,515
-
9 · Other employee benefits
total $35,444 · management and general $35,444
-
10 · Payroll taxes
total $12,808 · management and general $12,808
-
11b · Fees: legal
total $5,850 · management and general $5,850
-
13 · Office expenses
total $5,495 · management and general $5,495
-
16 · Occupancy
total $51,417 · program services $51,417
-
20 · Interest
total $2 · management and general $2
-
22 · Depreciation, depletion and amortization
total $42,617 · program services $42,617
-
23 · Insurance
total $8,289 · management and general $8,289
-
24a · Other expenses: NETWORK OPERATIONS
total $123,310 · program services $123,310
-
24b · Other expenses: CUSTOMER SERVICE
total $27,843 · program services $27,843
-
24c · Other expenses: MISC GENERAL & ADMIN
total $22,952 · management and general $22,952
-
24d · Other expenses: BANK CHARGES
total $4,217 · management and general $4,217
-
24e · All other expenses
total $4,784 · program services $1,641 · management and general $3,143
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $52,607 · end of year $222,732
-
2 · Savings and temporary cash investments
beginning of year $326,855 · end of year $325,945
-
4 · Accounts receivable
beginning of year $1,398 · end of year $1,272
-
8 · Inventories for sale or use
beginning of year $58,162 · end of year $36,527
-
9 · Prepaid expenses and deferred charges
beginning of year $7,895 · end of year $2,210
-
10a · Land, buildings and equipment: cost or other basis
$2,078,751
-
10b · Land, buildings and equipment: accumulated depreciation
$1,818,583
-
10c · Land, buildings and equipment, net
beginning of year $281,575 · end of year $260,168
-
12 · Investments: other securities
beginning of year $20,407 · end of year $20,493
-
17 · Accounts payable and accrued expenses
beginning of year $14,617 · end of year $13,609
-
25 · Other liabilities
end of year $66,000
-
29 · Capital stock, trust principal or current funds
beginning of year $2,915 · end of year $1,580
-
31 · Retained earnings, endowment or other funds
beginning of year $731,367 · end of year $788,158
Mission and programs · 2022
Mission
PROVIDE TELEPHONE SERVICE TO MEMBERS.
-
NETWORK OPERATIONS - NETWORK OPERATIONS AND DSL WHICH PROVIDES TELEPHONE AND INTERNET SERVICES TO THE MEMBERS.
Expenses $123,310
-
DEPRECIATION - THE EXPENSING OF ALL FIXED ASSETS WHICH INCLUDES ITEMS LIKE CABLE EQUIPMENT AND FIBER THAT PROVIDE THE DIRECT SERVICES TO THE MEMBERS.
Expenses $42,617
-
OCCUPANCY - TO REPAIR AND MAINTAIN ALL PLANT AND EQUIPMENT ASSETS WHICH ALLOW THE TELEPHONE COMPANY TO PROVIDE ITS SERVICES TO THE MEMBERS OF THE ORGANIZATION. OPERATING RENTS AND UTILITIES ARE ALSO INCLUDED BECAUSE THE CAPABILITY OF PROVIDING THESE SERVICES WOULD BE VERY LIMITED OR IMPOSSIBLE WITHOUT THE AVAILABILITY OF THESE FACILITIES.
Expenses $51,417
-
TO PROVIDE TELEPHONE SERVICES TO MEMBERS.
Expenses $29,484
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David NusbaumDAVID NUSBAUM
PRESIDENT
- Total calculated
- $1,400
- From this org
- $1,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
-
Bradley AndersonBRADLEY ANDERSON
VICE PRESIDE
- Total calculated
- $300
- From this org
- $300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
-
Martha J KaplanMARTHA J KAPLAN
SECRETARY/TR
- Total calculated
- $50,324
- From this org
- $50,324
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lori A OttoLORI A OTTO
DIRECTOR
- Total calculated
- $400
- From this org
- $400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
-
Robert HermonROBERT HERMON
DIRECTOR
- Total calculated
- $400
- From this org
- $400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
-
John MershmanJOHN MERSHMAN
DIRECTOR
- Total calculated
- $700
- From this org
- $700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.5
-
Amanda S MaagAMANDA S MAAG
SECRETARY/TR
- Total calculated
- $0
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202331359349306083
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