2023-10-25T09:12:49-05:00 2022-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2022-01-01 620526657 Bledsoe Telephone Cooperative Inc BLED 4234472121 PO Box 609 Pikeville TN 37367 Carrie Humble CFO 4234472121 2023-10-24 1 Carrie Humble XXX-XX-XXXX 1 Patrick Cooper P00856177 3348347660 2023-10-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Charlie Boring PO Box 609 Pikeville TN 37367 25131836 0 X www.bledsoe.net X 1953 TN To provide dependable, state of the art telecommunication service on the cooperative plan. 7 7 78 0 194529 184753 0 0 23163955 24119078 193112 97121 1537679 903233 24894746 25119432 0 0 4819647 3075631 862636 875251 0 0 0 19212463 21168550 24894746 25119432 0 0 52661532 55412445 8800796 10054144 43860736 45358301 X It is the aim of the Bledsoe Telephone Cooperative to provide dependable, state of the art telecommunication service on the cooperative plan and at the lowest cost consistent with sound economy and good management.In order to achieve this aim, Bledsoe Telephone Cooperative is committed to developing a courteous and dedicated staff of employees by providing quality training, opportunity for advancement, adequate compensation and a safe working environment. 0 0 Bledsoe Telephone Cooperative provided a variety of dependable telecommunication services to its cooperative members who were primarily located in Bledsoe, Sequatchie and Van Buren Counties. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 76 0 1 78 1 1 1 0 0 0 0 16644369 2122316 0 0 0 X 7 7 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X James Condra 4234472121 338 Cumberland Avenue Pikeville TN 37367 John Lee Downey Director/President 5.00 X 37415 0 0 Rufus Johnson Director 5.00 X 22520 0 0 James Condra Director/Vice President 5.00 X 37415 0 0 Danny Wallace Director 5.00 X 8649 0 0 Sandy Burnett Director/Secretary 5.00 X 41859 0 0 Richard Smith Director 5.00 X 44828 0 0 Dion Ault Director 5.00 X 38037 0 0 Marvin Price Director 5.00 X 16403 0 0 Charles Boring General Manager 40.00 X 313702 0 90541 Carrie Humble CFO 40.00 X 159031 0 66562 David Camp Information Systems Manage 40.00 X 148979 0 63544 Michael Stults Outside Plant Manager 40.00 X 161092 0 57366 Houston Thomas Network Operations Manager 40.00 X 236234 0 66576 Ruby Smith Administrative Assistant 40.00 X 181155 0 51172 Sherry Cartwright Customer Experience Manage 40.00 X 181145 0 58478 1628464 0 454239 8 0 1 0 Loftis Underground 1025 Green Meadow Rd Cookeville TN 38506 Outside Plant Contractors 6067459 IRIS Networks 211 Commerce Street Suite 610 Nashville TN 37201 Telecommunications Services 291808 Innovative Systems LLC 1000 Innovative Dr Mitchell SD 57301 Software 204692 EPB Broadband Solutions PO Box 182251 Chattanooga TN 37422 Electric & Telecommunications Services 121534 Eric Keith Scoggins 5888 Hendon Rd Graysville TN 37338 Outside Plant Contractors 115825 9 Cable/Internet/Video 517000 12261835 12261835 Telephone Service 517000 11857243 11662714 194529 24119078 63286 63286 33835 0 33835 33835 33835 58992 12404 46588 46588 Partnership Income 517000 856645 856645 856645 25119432 24827782 194529 97121 3075631 875251 28289 4047403 Plant Operations 6090873 Internet Service Operat 4690764 Video Service Operation 2471334 Corporate Operations 2366555 1473332 25119432 6518359 4846449 837712 1563573 2508081 3218260 1223615 762732 96989983 68200205 23487099 28789778 7012415 6932027 7830189 7778579 3244062 1521047 52661532 55412445 2831190 2412391 4366522 4730198 1603084 2911555 8800796 10054144 X 130717 135189 0 0 43730019 45223112 43860736 45358301 52661532 55412445 X 0 1497565 X X 0 1 X 1 0 250031 250031 96739952 68200205 28539747 28789778 Cellular Radio of Chattanooga 1904714 C NRTC Stock Certificates 55893 C Investment in T.I.T.G. 1990552 C Investment in TN Telecommunications 1610615 C Securities Investments 2216805 C 7778579 Post-retirement Benefits 2911555 2911555 X Part X, Line 2: Management has evaluated the Cooperative's tax positions and concluded that the Cooperative has taken no uncertain tax positions that require adjustment to the financial statements. X 1 1 X X 0 0 0 Charles Boring General Manager 312413 0 0 0 1289 0 60068 0 30473 0 404243 0 0 0 Houston Thomas Network Operations Manager 235052 0 0 0 1182 0 36958 0 29618 0 302810 0 0 0 Sherry Cartwright Customer Experience Manage 180260 0 0 0 885 0 28908 0 29570 0 239623 0 0 0 Ruby Smith Administrative Assistant 179849 0 0 0 1306 0 28325 0 22847 0 232327 0 0 0 Carrie Humble CFO 158607 0 0 0 424 0 34732 0 31830 0 225593 0 0 0 Michael Stults Outside Plant Manager 159863 0 0 0 1229 0 33016 0 24350 0 218458 0 0 0 David Camp Information Systems Manage 148376 0 0 0 603 0 31443 0 32101 0 212523 0 0 0 Part I, Line 1a Travel for companions: John Lee Downey - $369 James Condra - $369 Sandy Burnett - $369 Dion Ault - $369 Richard Smith - $938 Each amount above is reported as income on the Form W-2 or Form 1099 of the respective employee or director. Form 990, Part VI, Section A, line 6 Bledsoe Telephone Cooperative is a not-for-profit membership organization whose members have identical voting rights and are assigned margins in accordance with the cooperative's bylaws. Form 990, Part VI, Section A, line 7a Each member shall be entitled to only one vote upon each matter submitted to a vote at a meeting of the members. Members of the governing body are elected each year at the cooperative's annual meeting provided that a quorum is present. Form 990, Part VI, Section A, line 7b The membership must approve decisions that involve substantial transfers of cooperative assets and certain statutorily defined amendments to the cooperative's bylaws, as well as other decisions requiring approval of the membership by law, the charter of incorporation, and/or the cooperative's bylaws. Form 990, Part VI, Section A, line 8b There are no other committees that have to authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b Management reviewed the completed Form 990. A copy of the Form 990 was then provided to each of the members of the cooperative's governing body at a meeting prior to filing the form with the Internal Revenue Service by the tax preparer who assisted in the preparation of the form. Once the Form 990 was approved by the governing body, the President signed the E-file authorization form allowing the Form 990 to be transmitted to the Internal Revenue Service by the accounting firm who assisted in the preparation of the form. Form 990, Part VI, Section B, line 12c The General Manager is responsible for monitoring and enforcing the conflict of interest policy. Form 990, Part VI, Section B, line 15 Bledsoe Telephone Cooperative retains a third party expert, Mathis & Associates, to establish job descriptions, pay ranges, and to set matrices for job evaluations, which are then compared to similar industries in the nation. Mathis develops pay ranges based upon nationwide statistics. The Board of Directors determine compensation based on the data provided by Mathis & Associates. This process is reflected in the minutes of the board meetings. Form 990, Part VI, Section C, line 19 Bledsoe Telephone Cooperative makes these documents available by distributing personally or via mail, printed copies of the bylaws to members of the cooperative. Bledsoe Telephone Cooperative provides copies of the audited financials to all members attending the annual meeting and upon request by an individual member. Form 990, Part XI, line 9: Change in memberships 4,472. Deceased capital credits -11,735. Post-retirement benefit plan: Unrecognized loss -1,570,803. Allocation of margins to cooperative members 3,075,631. Form 990, Part XII, Line 2c Bledsoe Telephone Cooperative, Inc. did not change its processes of selection or oversight for the year. Form 990, Part IX, Line 4 The instructions to the Form 990 indicate that organizations exempt from tax under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. Bledsoe Telephone Cooperative, Inc. has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. The amount reported on Part IX, Line 4 of the Form 990 represents the portion of the current year net margins assigned to members. Tennessee Telecommunications Company 338 Cumberland Ave Pikeville TN 37367 825192625 Telecommunications TN Bledsoe Telephone Cooperative Inc C 479757 2563043 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Tennessee Telecommunications Company A 151640 Cash Cellular Radio of Chattanooga 1025 Lenox Park Blvd NE Suite 310 Atlanta GA 303195309 620526657 Telecommunications DE Related 0 1309540 266934 0 0 0.25000