2024-10-22T11:37:42-05:00 2023-12-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2023-01-01 411245260 EMILY COOPERATIVE TELEPHONE COMPANY EMIL 2187633000 40040 STATE HIGHWAY 6 PO BOX 100 EMILY MN 564470100 JOSH NETLAND CEO 2187633000 2024-10-15 1 1 ALLISON L BOYD CPA P00535697 6514834521 2023 2024-10-15 13:58:12Z JOSH NETLAND 40040 STATE HIGHWAY 6 PO BOX 100 EMILY MN 564470100 4741111 0 X WWW.EMILY.NET X 1973 MN OUR PURPOSE IS TO CREATE VALUE FOR OUR MEMBER OWNERS BY PROVIDING LOCAL, AFFORDABLE, RELIABLE COMMUNICATIONS, ENTERTAINMENT AND SECURITY AS THEY CONNECT WITH FAMILY AND THE OUTSIDE WORLD. 5 5 28 0 16690 0 0 0 4337470 4318969 97214 110560 30949 32990 4465633 4462519 0 0 583651 54969 478128 505765 0 0 0 3254806 3793043 4316585 4353777 149048 108742 18223662 18171877 9897326 9359027 8326336 8812850 OUR PURPOSE IS TO CREATE VALUE FOR OUR MEMBER OWNERS BY PROVIDING LOCAL, AFFORDABLE, RELIABLE COMMUNICATIONS, ENTERTAINMENT AND SECURITY AS THEY CONNECT WITH FAMILY AND THE OUTSIDE WORLD. 0 0 ECTC PROVIDES COMMUNICATION PRODUCTS AND SERVICES TO OUR MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 51 0 1 28 1 1 1 0 0 0 0 0 0 2107983 278385 0 0 0 X 5 5 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 1 1 1 0 X THE ORGANIZATION 2187633000 40040 STATE HIGHWAY 6 PO BOX 100 EMILY MN 564470100 NORMAN HAWLEY PRESIDENT 1.00 X X 6600 0 0 PHIL YETZER VICE PRESIDENT 1.00 X X 4400 0 0 KATHY HACHEY SECRETARY/TREASURER 1.00 X X 5175 0 0 KENNETH J HERSEY JR DIRECTOR 1.00 X 3000 0 0 CHAD GENZ DIRECTOR 1.00 X 2800 0 0 JOSH NETLAND GENERAL MANAGER 40.00 X 223221 0 47225 245196 0 47225 1 0 1 0 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ROSEVILLE MN 55113 ACCOUNTING 177094 1 TELEPHONE & CATV SERVI 517000 4214121 4214121 PARTNERSHIP INCOME 517000 88158 88158 ADVERTISING INCOME 541800 16690 16690 4318969 124497 124497 32990 0 32990 32990 32990 261155 3500 278592 0 -17437 3500 -13937 3500 -17437 4462519 4338769 16690 107060 54969 292421 213344 211824 70026 1075735 374132 803735 REPAIRS & MAINTENANCE 357816 CORPORATE OPERATIONS 339882 NONREGULATED ACTIVITY E 286788 CUSTOMER OPERATIONS 183394 89711 4353777 4975511 171053 79102 21761 481316 205891 684674 787834 65633 70029 21415926 10552919 6769056 10863007 5052163 5736887 11196 11196 105011 304219 18223662 18171877 410255 363940 9485360 8970371 1711 24716 9897326 9359027 X 0 0 4664301 5058341 3662035 3754509 8326336 8812850 18223662 18171877 X 108742 147067 230705 X X 0 1 X 1 0 47793 47793 709470 348114 361356 20658663 10204805 10453858 10863007 INVESTMENT IN COOPERATIVE NETWORK SERVICES, LLC 647527 C INVESTMENT SECURITIES 1507289 C INVESTMENT IN BROADBAND VISIONS LLC 18033 C INVESTMENT IN EMILY TECHNOLOGIES 3560081 C INVESTMENT IN FIBER MN 3957 C 5736887 DEPOSITS AND ADVANCE PAYMENTS 24716 24716 X 4610804 147067 1218 148285 4462519 0 4462519 4300026 0 4300026 53751 53751 4353777 PART X, LINE 2: ASC 740 DISCLOSURE FROM ORGANIZATION FINANCIAL STATEMENTS: THE COMPANY REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THE COMPANY RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE COMPANY HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES NETTED AGAINST INCOME 1,218. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES NETTED AGAINST INCOME -1,218. ALLOCATION OF 2023 MARGINS REPORTED ON PAGE 10, PART IX, LINE 4 54,969. X 0 0 X X 0 0 0 JOSH NETLAND GENERAL MANAGER 223221 0 0 0 0 0 17329 0 29896 0 270446 0 0 0 PART I, LINE 1A THE BENEFIT IS OCCASIONALLY PROVIDED AND MAY NOT HAVE BEEN INCLUDED IN COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE SHALL BE WITHOUT CAPITAL STOCK AND MAY ADMIT APPLICANTS TO MEMBERSHIP IN THE COOPERATIVE ON SUCH UNIFORM CONDITIONS AS PRESCRIBED BY THE ARTICLES AND BYLAWS OF THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERSHIP OF THE COOPERATIVE ELECTS THE DIRECTORS ON THE BOARD. EACH TERM RUNS 3 YEARS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS MUST APPROVE SALES/DISPOSITION OF LARGE ASSETS. FORM 990, PART VI, SECTION A, LINE 8B THE COOPERATIVE HAS NO COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE GENERAL MANAGER AND THE BUSINESS MANAGER. THE FORM 990 IS DISCUSSED AT A BOARD MEETING AND THE BOARD MUST APPROVE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MONITORS ANY CONFLICTS OF INTEREST AND COMMUNICATES WITH EACH OTHER. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS MEETS ANNUALLY TO FORMALLY REVIEW THE GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST AND PRESENTED AT ANNUAL MEETING OF MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST, BYLAWS ARE GIVEN TO ANY NEW APPLICANT/MEMBER. FORM 990, PART XI, LINE 9: RETIREMENT OF PATRONAGE CAPITAL -189,611. ALLOCATION OF 2023 MARGINS REPORTED ON PAGE 10, PART IX, LINE 4 54,969. EQUITY INCOME IN SUBSIDIARY 365,347. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. TRI-CO TECHNOLOGIES LLC PO BOX 100 40040 STATE HWY 6 EMILY MN 56447 812496966 TELEPHONE COMMUNICATIONS MN EMILY TECHNOLOGIES LLC INVESTMENT 226537 2689068 0 1 0.33330 ZENERGY LLC PO BOX 304 SEBEKA MN 56477 462868500 ALTERNATIVE ENERGY EQUIPMENT MN EMILY TECHNOLOGIES LLC INVESTMENT 4605 596399 0 0 0.21000 EMILY TECHNOLOGIES LLC BOX 100 40040 STATE HIGHWAY 6 EMILY MN 564470100 815042114 TELECOMMUNICATIONS MN N/A C 313933 3780542 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 TRI-CO TECHNOLOGIES LLC Q 3460993 FAIR MARKET VALUE OF EXPENSES