Cause IQ organization profile

Ben Lomand Rural Telephone Cooperative

Ben Lomand Rural Telephone Cooperative is a telephone co-op based in Mcminnville, TN that was founded in 1952. As of 2019 they had $28 million in revenue and $113 million in assets.

Ben Lomand Rural Telephone Cooperative is a progressive broad-band provider committed to maximum value through state-of-the-art communications services in a global environment for the benefit of its members. Ben Lomand Rural Telephone Cooperative is a...

EIN:

62-0532537

City:

Mcminnville

State:

Tennessee

Website:

benlomandconnect.com

Founded:

1952

Type:

501(c)(12)

NTEE:

W50: Telephone cooperatives

Revenue:

$28,588,278

Assets:

$113,624,695

Employees:

114

Fiscal year end:

December

Revenue trends:

Asset trends:

Program areas at Ben Lomand Rural Telephone Cooperative

To provide telecommunication services to the Cooperative members in Rural areas.

Form 990s for Ben Lomand Rural Telephone Cooperative

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Feb 3, 2020	990O	View PDF
2017-12	Feb 21, 2019	990	View PDF
2016-12	Dec 27, 2017	990O	View PDF
2015-12	Mar 22, 2017	990O	View PDF
2014-12	Feb 17, 2016	990O	View PDF
...and five more Form 990 PDFs

Financials for Ben Lomand Rural Telephone Cooperative

Field	2018	2017
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$0	$0
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$0	$0

Field	2018	2017	% Change
Total grants, contributions, etc.	$0	$0
Program services	$25,880,639	$24,613,354	5.1%
Investment income and dividends	$2,438,119	$2,470,971	-1.3%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$0	$0
Net rental income	$159,550	$319,758	-50.1%
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$109,970	$107,001	2.8%
Total revenues	$28,588,278	$27,511,084	3.9%

Field	2018	2017	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$691,216	$509,301	35.7%
Compensation of current officers, etc.	$659,111	$610,344	8.0%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$0	$0
Pension/retirement accruals and contributions	$0	$0
Other employee benefits	$0	$0
Payroll taxes	$0	$0
Management fees	$0	$0
Legal fees	$0	$0
Accounting fees	$0	$0
Lobbying fees	$0	$0
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$0	$0
Advertising and promotion	$0	$0
Office expenses	$0	$0
Information tech. expenses	$0	$0
Royalty expenses	$0	$0
Occupancy	$0	$0
Travel	$0	$0
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$0	$0
Interest	$118,380	$273,541	-56.7%
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$9,772,710	$9,488,167	3.0%
Insurance	$0	$0
All other expenses	$14,582,406	$14,045,876	3.8%
Total expenses	$25,823,823	$24,927,229	3.6%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$5,154,242	$8,727,998	-40.9%
Savings, short-term investments, etc.	$0	$0
Pledges and grants receivable	$0	$0
Accounts receivable	$2,347,497	$1,875,075	25.2%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$359,452	$238,076	51.0%
Inventories for use	$1,860,622	$1,659,316	12.1%
Prepaid expenses and deferred charges	$1,272,712	$1,079,601	17.9%
Buildings, equipment, etc. post-depreciation	$72,883,534	$69,925,101	4.2%
Investments, publicly traded securities	$0	$0
Investments, other securities	$0	$0
Investments, program-related	$24,931,830	$23,196,410	7.5%
Intangible assets	$0	$0
Other assets	$4,814,806	$5,777,561	-16.7%
Total assets	$113,624,695	$112,479,138	1.0%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$2,467,996	$2,258,984	9.3%
Grants payable	$0	$0
Deferred revenue	$0	$0
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$8,796,703	$9,722,185	-9.5%
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$2,807,216	$2,573,939	9.1%
Total liabilities	$14,071,915	$14,555,108	-3.3%

Field	2018	2017
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Vendors for Ben Lomand Rural Telephone Cooperative

Vendor	Services	Amount paid	Date
WordPress	Content management system software		2020-09-05
████████ █████ ███ █████ ████ ████	Tax accounting		2020-02-03
███ ████ ███████████ ███	Contract	$4,813,970	2018-12-01
████████ ██████ ██████	Contract	$353,125	2018-12-01
██████████ ████████████ ████████ ███	Contract	$649,505	2018-12-01
███ █████ ███	Contract	$814,668	2018-12-01
████ █ █████████████ ███████	Contract	$298,967	2018-12-01

Personnel at Ben Lomand Rural Telephone Cooperative

Name	Title	Compensation	Most recent data
Lisa Cope	General Manager and Chief Executive Officer	$168,162	March 24, 2020
Chad Dees	Operations Manager	$101,853	March 24, 2020
█████ ██████	District Operations Manager - Sparta Office	-	March 24, 2020
████ ██████	Operations Manager	-	March 24, 2020
█████ ██████	District Office Manager - Tracy	-	March 24, 2020
█████ ████	Marketing and Sales Manager	-	March 24, 2020
█████ ███████████	Information Systems Manager	-	March 24, 2020
███████ ████████	Customer Service Manager	-	March 24, 2020
█████ ████	Controller	-	March 24, 2020
████ █████	Secretary and Treasurer	$10,293	May 19, 2020
...and four more key personnel

Peer telephone cooperatives

	Name	Type	Revenue	Location
1	Dekalb Telephone Cooperative	501(c)(12)	$20 million	Alexandria, TN
2	Highland Telephone Cooperative	501(c)(12)	$20 million	Sunbright, TN
3	North Central Telephone Cooperative	501(c)(12)	$35 million	Lafayette, TN
4	Bledsoe Telephone Cooperative	501(c)(12)	$19 million	Pikeville, TN
5	Twin Lakes Telephone Cooperative Corp	501(c)(12)	$41 million	Gainesboro, TN
6	Citizens Telephone Cooperative	501(c)(12)	$16 million	Floyd, VA
7	Bulloch County Rural Telephone Cooperative	501(c)(12)	$18 million	Statesboro, GA
8	Palmetto Rural Telephone Cooperative	501(c)(12)	$23 million	Walterboro, SC
9	Canby Telcom	501(c)(12)	$10 million	MT Angel, OR
10	Beaver Creek Cooperative Telephone Company	501(c)(12)	$7.2 million	MT Angel, OR
11	Endeavor Communications	501(c)(12)	$27 million	Cloverdale, IN
12	3 Rivers Communications	501(c)(12)	$61 million	Fairfield, MT
13	Otz Telephone Cooperative	501(c)(12)	$10 million	Kotzebue, AK
14	New Hope Telephone Cooperative	501(c)(12)	$12 million	New Hope, AL
15	InterBel Telephone Cooperative (INC)	501(c)(12)	$10 million	Eureka, MT
16	Ninestar Connect	501(c)(12)	$51 million	Greenfield, IN
17	Planters Rural Telephone Cooperative	501(c)(12)	$14 million	Newington, GA
18	Copper Valley Telephone Cooperative	501(c)(12)	$22 million	Valdez, AK
19	Project Mutual Telephone Cooperative Association	501(c)(12)	$16 million	Rupert, ID
20	Sandhill Telephone Cooperative	501(c)(12)	$27 million	Jefferson, SC
21	Meriwether Lewis Electric Cooperative	501(c)(12)	$104 million	Centerville, TN
22	Blackfoot Telephone Cooperative	501(c)(12)	$26 million	Missoula, MT
23	Corn Belt Energy Corporation	501(c)(12)	$84 million	Bloomington, IL
24	Rural Electric Convenience Cooperative	501(c)(12)	$14 million	Auburn, IL
25	Pierce Pepin Cooperative Services (PPCS)	501(c)(12)	$18 million	Ellsworth, WI

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Cause IQ organization profile

Ben Lomand Rural Telephone Cooperative

Program areas at Ben Lomand Rural Telephone Cooperative

Form 990s for Ben Lomand Rural Telephone Cooperative

Financials for Ben Lomand Rural Telephone Cooperative

Vendors for Ben Lomand Rural Telephone Cooperative

Personnel at Ben Lomand Rural Telephone Cooperative

Peer telephone cooperatives

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