Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: WIRELINE

  total $37,501,217 · related or exempt $37,501,217

• 2b · Program service revenue: INTERNET

  total $17,943,872 · related or exempt $17,943,872

• 2c · Program service revenue: MISCELLANEOUS

  total $1,268,116 · related or exempt $921,969 · unrelated business $346,147

• 3 · Investment income

  total $705,025 · excluded $705,025

• 7a · Gross sales of assets other than inventory

  securities $1,445,832

• 7b · Less cost or other basis and sales expenses

  securities $1,575,155

• 7c · Gain or loss

  securities -$129,323

• 7d · Net gain or loss

  total -$129,323 · excluded -$129,323

• 11a · Other revenue: AFUDC

  total $397,431 · excluded $397,431

• 11e · Other revenue, total

  $397,431

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $8,000

• 4 · Benefits paid to or for members

  total $6,444,328

• 5 · Compensation of officers, directors and key employees

  total $1,637,005

• 7 · Other salaries and wages

  total $718,688

• 20 · Interest

  total $1,156,174

• 22 · Depreciation, depletion and amortization

  total $17,362,200

• 24a · Other expenses: NONREGULATED

  total $10,565,366

• 24b · Other expenses: PLANT SPECIFIC OPERATIO

  total $9,406,881

• 24c · Other expenses: PLANT NONSPECIFIC OPERA

  total $3,696,324

• 24d · Other expenses: CORPORATE OPERATIONS

  total $2,497,617

• 24e · All other expenses

  total $4,193,755

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $22,527,444 · end of year $20,255,242

• 2 · Savings and temporary cash investments

  beginning of year $13,839,306 · end of year $4,276,610

• 4 · Accounts receivable

  beginning of year $7,098,199 · end of year $6,674,370

• 8 · Inventories for sale or use

  beginning of year $3,045,945 · end of year $5,772,176

• 9 · Prepaid expenses and deferred charges

  beginning of year $963,273 · end of year $1,142,539

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

  $300,101,549

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

  $180,587,991

• 10c · Land, buildings and equipment, net

  beginning of year $110,420,460 · end of year $119,513,558

• 12 · Investments: other securities

  beginning of year $7,606,107 · end of year $7,327,964

• 15 · Other assets

  beginning of year $23,105,768 · end of year $19,658,612

• 17 · Accounts payable and accrued expenses

  beginning of year $10,793,586 · end of year $14,176,717

• 23 · Secured mortgages and notes payable

  beginning of year $48,034,854 · end of year $43,799,208

• 25 · Other liabilities

  beginning of year $11,118,514 · end of year $11,184,942

• 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 $11,028,385 · end of year $11,333,347

• 31 · Retained earnings, endowment or other funds

  beginning of year $107,631,163 · end of year $104,126,857

The filer's explanations (Part III)

PART I, LINE 1A

SOME AIRFARE AND MEAL EXPENSES ARE PROVIDED FOR SPOUSES TO ACCOMPANY KEY EMPLOYEES ON BUSINESS TRAVEL. EMPLOYEES REIMBURSE THE COMPANY FOR THEIR SPOUSES' TRAVEL EXPENSES. THE BOARD HAS SPOUSAL TRAVEL PAID FOR BY THE COMPANY, FOR WHICH THEY ARE TAXED EACH YEAR.