2023-09-13T16:22:24-05:00 2022-12-31 450250958 Eide Bailly LLP 1730 Burnt Boat Loop Ste 100 Bismarck ND 585030886 990 2022-01-01 456022545 Broadband Association of North Dakota BROA 7016631099 PO Box 1144 Mandan ND 585541144 Carissa Swenson Executive Director 7016631099 2023-09-13 1 Carissa Swenson 999009999 1 Lisa Chaffee CPA P00193453 7012551091 2023-09-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Carissa Swenson PO Box 1144 Mandan ND 585541144 705692 0 X www.broadbandnd.com X 1966 ND To furnish services necessary to the operation of the Co-op telephone and communications systems in North Dakota. 12 11 4 10 0 0 0 0 598667 680439 2372 25253 0 0 601039 705692 0 0 0 0 445784 285882 0 0 0 166691 262470 612475 548352 -11436 157340 754213 1058854 153406 300707 600807 758147 To furnish services necessary to the operation of the Co-op telephone and communications systems in North Dakota. 0 0 To furnish services incidental and essential to the operation of Coop telephone and communications systems in North Dakota for the members and subsidiaries of such systems. 0 0 0 1 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 4 1 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 1 0 0 X Rebecca Kielpinski 7016631099 PO Box 1144 Mandan ND 58554 X Lorena Lambrecht President 1.00 X X 14200 0 0 Jan Stebbins 1st Vice President 1.00 X X 0 0 0 Jennifer Sorenson 2nd Vice President 1.00 X X 0 0 0 Stan Vangsness Secretary/Treasurer 1.00 X X 0 0 0 Shane Morris Director 1.00 X 0 0 0 Luke Kutz Director 1.00 X 0 0 0 Ralph Neu Director 1.00 X 0 0 0 Jeff Pattison Director 1.00 X 0 0 0 Brian Udby Director 1.00 X 0 0 0 Harlan Deike Director 1.00 X 0 0 0 Lorne Field Director 1.00 X 0 0 0 Jay Seibel Director 1.00 X 700 0 0 David Crothers Executive Vice President (Jan-Apr) 40.00 X 106049 0 36565 Carissa Swenson Executive Director (Aug-Dec) 40.00 X 46093 0 15692 167042 0 52257 1 0 0 0 0 Membership Dues 517000 631408 631408 49031 49031 680439 2253 2253 23000 0 23000 23000 23000 705692 680439 0 25253 219300 19823 9498 21126 16135 11061 26729 33185 46622 14503 8008 37134 53115 55 9541 5487 Contingency 3518 Subscriptions and Dues 1693 11819 548352 620006 948043 36405 0 78266 62808 71630 23627 19536 48003 754213 1058854 50737 8706 188972 102669 103029 153406 300707 X 600807 758147 600807 758147 754213 1058854 157340 0 X 0 1 X 0 0 0 0 0 631408 59550 9474 69024 59984 9040 0 1 X 71630 23627 48003 48003 X 705692 0 705692 0 705692 548352 0 548352 0 548352 Part IV, Line 2b: At December 31, 2022 and 2021, $103,029 and $102,669, respectively, is included in "funds held for others and "certificate of deposit restricted funds held for others" that represents the amount collected to establish a Universal Service legal defense fund. This fund will be used to aid all ND Telecom Companies. The amounts have been collected from North Dakota independent telephone companies and other industry providers throughout the nation and if not used for the above specific purpose will be returned on a pro rata basis. Part X, Line 2: The Association has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Association would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Form 990, Part VI, Section A, line 6 This Association consists of two types of members, Regular and Associate Members. Regular Membership: Regular membership in the North Dakota Association of Telephone Cooperatives shall be limited to telephone cooperatives providing exchange telecommunications services to end users in North Dakota. Associate Membership: Associate membership is divided into three different classes. The three classes are Cooperative Associate, Commercial Associate, and Supporting Associate. Cooperative Associate: Any telephone cooperative of another state providing local exchange telecommunications service to end users in states which are immediately adjacent to North Dakota may apply for and be invited to become a Cooperative Associate Member. Cooperative Associate Members shall be classified as voting members or non-voting members. Commercial Associate: Any person, partnership, association or corporation that provides telecommunication services in the state of North Dakota may apply for and be invited to become a Commercial Associate Member. Commercial Associate Members shall be classified as voting members or non-voting members. Supporting Associate: Any other person, partnership, association or corporation that supplies goods or services to members, Cooperative Associates, or Commercial Associates may apply for and be invited to become a Supporting Associate Member. Supporting Associate Members are non-voting members. Form 990, Part VI, Section A, line 7a The number of directors shall be one director from each Regular Member Cooperative. Prior to the annual meeting, each Regular Member of the Association shall elect one of its directors to serve as a director of this Association. Further, each Regular Member may elect an alternate director. The alternate director shall serve in the absence of the director, with full power of representation. In the event both the direct and alternate are unable to attend a board meeting, the director may designate a representative from the member's board or management to attend. This designee shall serve in their absence at the board meeting with full power of representation. Directors shall serve for a term of one year and/or until the director's successor has been elected and qualified. Form 990, Part VI, Section A, line 7b Adoption of resolutions and amendments to the bylaws must be approved by the Voting Associate Members at the annual meeting. Form 990, Part VI, Section A, line 8b No committees have the authority to act on behalf of the board. Form 990, Part VI, Section B, line 11b A draft of the Form 990 is provided electronically to the board prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The conflict of interest policy covers interested persons of the Association which include any director, principal officer or member of a committee with governing board delegated powers who has a direct or indirect financial interest. An interested person has the duty to disclose the existence of the potential conflicting financial interest and is given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers who are considering the transaction or arrangement. Upon disclosing all material facts and after any discussion with the interested person, he/she is asked to leave the governing board or committee meeting while determination of a conflict of interest is discussed and voted upon. The remaining board or committee members decide if a conflict of interest exists. When a conflict has been identified, the interested person is asked to leave the meeting during the discussion of, and vote on, the transaction or arrangement involving the possible conflict of interest. Form 990, Part VI, Section B, line 15a Independent members of the board of directors review and approve all employees' compensation, including that of the Executive Director. A new executive director was hired in July 2022 after compensation for similar executive director positions were reviewed. The results were recorded in the board minutes when the compensation package was offered and accepted. Form 990, Part VI, Section C, line 19 The Association's bylaws are made available on the organization's website. All other organization documents, the financial statements, and the conflict of interest policy are made available upon request. Form 990, Part VII, Section A, Column F: The Organization did not include in column "F" the estimated annual increase in the actuarial value of the defined benefit plan as they were not able to obtain the information. The current year expense for David for this defined benefit plan was $20,828.