2025-10-14T23:41:42-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2024-01-01 620513986 DEKALB TELEPHONE COOPERATIVE INC DEKA 8003674274 PO BOX 247 ALEXANDRIA TN 37012 KASEY KRUEGER CEO 8003674274 2025-10-14 1 1 CHERI R BURNHAM P00055324 5097472600 2025-10-14 2024 2025-03-06 01:10:19Z DTC COMMUNICATIONS KASEY KRUEGER PO BOX 247 ALEXANDRIA TN 37012 27675081 0 X WWW.DTCCOM.NET X 1951 TN TO PROVIDE WORLD-CLASS BROADBAND AND TECHNOLOGY SOLUTIONS TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS AND THE REGIONS WE SERVE. 10 10 56 0 94311 0 0 0 24746842 26080020 149887 306582 1419637 1288479 26316366 27675081 0 0 0 1947405 1129597 1088852 0 0 0 24065579 23444873 25195176 26481130 1121190 1193951 122025044 125560661 69866192 68752648 52158852 56808013 TO PROVIDE WORLD-CLASS BROADBAND AND TECHNOLOGY SOLUTIONS TO IMPROVE THE QUALITY OF LIFE OF OUR MEMBERS AND THE REGIONS WE SERVE. 0 0 DEKALB TELEPHONE COOPERATIVE, INC. PROVIDED A VARIETY OF TELECOMMUNICATION SERVICES TO ITS MEMBERS THAT ARE PRIMARILY LOCATED IN ALEXANDRIA, AUBURNTOWN, GORDONSVILLE, LIBERTY, MILTON, NORENE, SMITHVILLE, TEMPERANCE HALL, WOODBURY, AND WOODLAND (TENNESSEE). THESE SERVICES INCLUDED WIRELESS SERVICE, INTERNET ACCESS, HIGH SPEED DATA SERVICES, SPECIAL CALLING FEATURES, VOICE MAIL, LONG DISTANCE AND DTC TV SERVICE. DEKALB TELEPHONE COOPERATIVE, INC. CONTINUED BUILD OUT OF ITS FIBER NETWORK, WHICH PROVIDES HIGH SPEED BROADBAND SERVICES TO COOPERATIVE MEMBERS. THE COMPLETION OF THE FIBER NETWORK IS PROJECTED FOR ALL COOPERATIVE MEMBERS BY 2025. 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 0 1 91 0 1 56 1 1 1 0 0 0 0 16515749 2762684 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOE MITCHELL 8003674274 111 HIGH STREET ALEXANDRIA TN 37012 BENNIE CURTIS DIRECTOR / PRESIDENT 5.00 X X 25954 14350 0 RANDY CAMPBELL DIRECTOR / TREASURER 5.00 X X 25295 11550 0 JAMES VINSON DIRECTOR 5.00 X 32190 13650 0 KATHY PUGH DIRECTOR 5.00 X 12680 13650 0 TERRY MCPEAK DIRECTOR / SECRETARY 5.00 X X 5824 14350 0 KURT BASS DIRECTOR 5.00 X 23109 9100 0 JAMES DILLARD DIRECTOR / VICE-PRESIDENT 5.00 X X 12180 10150 0 RONNIE GARRISON DIRECTOR 5.00 X 22388 8750 0 DAVID PARKER DIRECTOR 5.00 X 22588 8750 0 BRIAN ALEXANDER DIRECTOR 5.00 X 3002 14350 0 CHRISTOPHER TOWNSON CEO 65.00 X 363472 0 42702 STEVE JOHNSON PLANT MANAGER / INTERIM CEO 55.00 X 175611 0 39807 JOE MITCHELL DIRECTOR OF ACCOUNTING & FINANCE 55.00 X 128990 0 29374 ED MASSEY IT / CO MANAGER 55.00 X 149798 0 28785 JANNIE MULASKI MARKETING MANAGER 55.00 X 114041 0 35844 ANITA PATRICK HR MANAGER 55.00 X 139042 0 29697 BRENT ADCOCK ENGINEERING OPERATIONS MANAGER 55.00 X 121184 0 36741 SABRINA CARUTHERS CUSTOMER EXPERIENCE MANAGER 55.00 X 105638 0 19815 TIM CANTRELL OUTSIDE PLANT SUPERVISOR 55.00 X 102857 0 34657 1585843 118650 297422 9 0 1 0 RED STAG CONTRACTORS LLC 358 5TH AVE SOUTH BAXTER TN 38544 TELEPHONE LINE CONSTRUCTION 7318635 CMS TELECOM SERVICES LLC 11117 LEBANON RD MOUNT JULIET TN 37122 TELECOMMUNICATIONS EQUIPMENT INSTALLATIO 1559152 PALMETTO ENGINEERING LLC 3504 - 320 HIGHWAY 153 GREENEVILLE SC 29611 ENGINEERING CONSULTING 1410226 BILLY F HOUSE JR 804 NEW HOME ROAD DOWELLTOWN TN 37059 TELEPHONE LINE CONSTRUCTION 900832 INNOVATIVE SYSTEMS LLC 1000 INNOVATIVE DRIVE MITCHELL SD 57301 SOFTWARE AND CONSULTING 537568 19 TELECOMMUNICATION REVENUE 517000 25950345 25950345 POLE RENTAL INCOME 900099 129675 129675 26080020 124904 124904 217 0 217 217 217 181678 0 181678 181678 181678 AFFILIATE INCOME 523000 1193951 1193951 DIRECTORY REVENUE 541800 88822 88822 TECH TEAM REVENUE 541519 5489 5489 1288262 27675081 25950345 94311 1630425 1947405 1088852 1616350 7773964 PLANT SPECIFIC OPERATIO 5322351 CUSTOMER OPERATIONS 2614409 NONREGULATED 2466343 CORPORATE OPERATIONS 2413264 1238192 26481130 1179352 2061868 5178464 5222876 4202821 4875836 2783605 2552922 590708 565723 181108649 89470772 90514167 91637877 17056102 18147559 487847 487847 31978 8153 122025044 125560661 4824136 4377363 52323966 53357574 12718090 11017711 69866192 68752648 X 0 0 0 0 52158852 56808013 52158852 56808013 122025044 125560661 X 1193951 3455210 X 0 1 X 1 0 585563 585563 7574964 5786653 1788311 167931863 83684119 84247744 5016259 5016259 91637877 INVESTMENT IN FIRST CHOICE 321725 C INVESTMENT IN T.I.T.G. 2528351 C INVESTMENT IN ADVANTAGE CELLULAR SYSTEMS, INC. 15297483 C 18147559 POSTRETIREMENT BENEFITS OTHER THAN PENSION 10846613 CUSTOMER DEPOSITS 162945 OPERATING LEASE OBLIGATION 8153 11017711 X PART X, LINE 2: IN DECEMBER 31, 2024 AND 2023, THE COOPERATIVE QUALIFIED AS A TAX-EXEMPT ENTITY BECAUSE MORE THAN 85% OF GROSS REVENUES WERE FROM THE COOPERATIVE MEMBERS. TAXES ARE COMPUTED ON INCOME UNRELATED TO THE COOPERATIVE'S EXEMPT PURPOSE. THE COOPERATIVE'S SUBSIDIARIES ARE TAXABLE FOR BOTH FEDERAL AND STATE INCOME TAX PURPOSES AND FILE SEPARATE TAX RETURNS. DEFERRED TAXES ARE PROVIDED ON A LIABILITY METHOD, WHEREBY DEFERRED TAX ASSETS ARE RECOGNIZED FOR FUTURE DEDUCTIBLE TEMPORARY DIFFERENCES AND DEFERRED TAX LIABILITIES ARE RECOGNIZED FOR FUTURE TAXABLE TEMPORARY DIFFERENCES. TEMPORARY DIFFERENCES ARE THE DIFFERENCES BETWEEN THE REPORTED AMOUNTS OF ASSETS AND LIABILITIES AND THEIR TAX BASIS. DEFERRED TAX ASSETS ARE REDUCED BY A VALUATION ALLOWANCE WHEN, IN THE OPINION OF MANAGEMENT, IT IS MORE LIKELY THAN NOT THAT SOME PORTION OF ALL OF THE DEFERRED TAX WILL NOT BE REALIZED. DEFERRED TAX ASSETS AND LIABILITIES ARE ADJUSTED FOR THE EFFECTS OF CHANGES IN TAX LAWS AND RATES ON THE DATE OF ENACTMENT. THE COOPERATIVE RECORDS UNCERTAIN TAX POSITIONS IF THE LIKELIHOOD THE POSITION WILL BE SUSTAINED UPON EXAMINATION IS LESS THAN 50%. AS OF DECEMBER 31, 2024 AND 2023, THE COOPERATIVE HAD NO ACCRUED AMOUNTS RELATED TO UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE RECORDED AS INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. X 1 1 X X 0 0 0 CHRISTOPHER TOWNSON CEO 313472 0 50000 0 0 0 11499 0 31203 0 406174 0 0 0 STEVE JOHNSON PLANT MANAGER / INTERIM CEO 165389 0 10222 0 0 0 10289 0 29518 0 215418 0 0 0 ED MASSEY IT / CO MANAGER 136498 0 13300 0 0 0 6084 0 22701 0 178583 0 0 0 ANITA PATRICK HR MANAGER 118282 0 20760 0 0 0 7878 0 21819 0 168739 0 0 0 JOE MITCHELL DIRECTOR OF ACCOUNTING & FINANCE 118065 0 10925 0 0 0 5860 0 23514 0 158364 0 0 0 BRENT ADCOCK ENGINEERING OPERATIONS MANAGER 110910 0 10274 0 0 0 5295 0 31446 0 157925 0 0 0 PART I, LINE 1A THE FOLLOWING AMOUNTS WERE INCLUDED IN EACH OF THE RESPECTIVE DIRECTORS' COMPENSATION AS IT RELATES TO TRAVEL FOR COMPANIONS: BRIAN ALEXANDER - $828 RANDY CAMPBELL - $291 BENNIE CURTIS - $566 TERRY MCPEAK - $692 JAMES VINSON - $835 FORM 990, PART VI, SECTION A, LINE 6 DEKALB TELEPHONE COOPERATIVE, INC. 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 MEMBERS ELECT THE GOVERNING BODY (BOARD OF DIRECTORS) AT THE ANNUAL MEETING ON AN ANNUAL BASIS TO SERVE THREE YEAR TERMS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERSHIP MUST APPROVE DECISIONS THAT INVOLVE SUBSTANTIAL TRANSFERS OF COOPERATIVE ASSETS, 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 B, LINE 11B THE CHIEF EXECUTIVE OFFICER AND CONTROLLER REVIEWED A COMPLETED COPY OF THE FORM 990. A COPY OF THE FORM 990 WAS THEN PRESENTED BY A MEMBER OF THE DEKALB TELEPHONE COOPERATIVE, INC. STAFF TO THE BOARD OF DIRECTORS AT A BOARD MEETING PRIOR TO FILING THE FORM WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS REGULARLY REVIEWED BY KEY EMPLOYEES AND MANAGEMENT AND AMENDED BY BOARD AS NEEDED. DIRECTORS, OFFICERS, AND KEY EMPLOYEES ADHERE TO THE POLICY BY EXCUSING THEMSELVES FROM ACTION, INPUT, DISCUSSION, AND VOTE ON ISSUES WHEREIN THE POTENTIAL OF A CONFLICT EXISTS. ON AN ANNUAL BASIS, EMPLOYEES AND DIRECTORS ARE ASKED TO DISCLOSE ANY FORM OF STOCK OWNERSHIP FROM A LIST OF VENDORS. IF THE OWNERSHIP OF THE STOCK IS CONSIDERED TO BE A CONFLICT OF INTEREST, THE INDIVIDUAL WILL BE REQUIRED TO DISPOSE OF THE STOCK. IF THE OWNERSHIP IS NOT CONSIDERED A CONFLICT OF INTEREST, WRITTEN NOTIFICATION OF SUCH WILL BE GIVEN TO THE INDIVIDUAL. FORM 990, PART VI, SECTION B, LINE 15 IN CONSIDERING COMPENSATION RANGES FOR THE REFERENCED EMPLOYEES, THE BOARD OF DIRECTORS REVIEWED COMPARABILITY DATA AND RELATED INFORMATION IN THE INDUSTRY TO ASSIST THEM IN SETTING COMPENSATION. COMPENSATION RANGES ARE REVIEWED ANNUALLY THROUGH THE BUDGETING PROCESS. THE CEO'S COMPENSATION IS SET DIRECTLY AND ALL OTHER COMPENSATION IS APPROVED HOLISTICALLY THROUGH THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS OF THE COOPERATIVE ARE AVAILABLE UPON REQUEST. THE BYLAWS ARE ALSO AVAILABLE ON THE COOPERATIVE'S WEBSITE. FINANCIAL STATEMENTS ARE MAILED TO EACH MEMBER IN THE ANNUAL REPORT EACH YEAR. OTHER FINANCIAL INFORMATION IS MADE AVAILABLE FOR REVIEW BY MEMBERS UPON PROPER REQUEST. CONFLICT OF INTEREST POLICY IS MADE AVAILABLE FOR REVIEW BY MEMBER UPON PROPER REQUEST. FORM 990, PART XI, LINE 9: RETIREMENT OF CAPITAL CREDITS -377,696. INCOME OF SUBSIDIARY - EQUITY METHOD -819,093. ASSIGNMENT OF NET MARGINS TO MEMBERS 2,766,498. POSTRETIREMENT BENEFITS 1,987,995. BOOK TO TAX ADJUSTMENT FOR PASSTHROUGH ENTITY -102,494. ADVANTAGE CELLULAR SYSTEMS INC PO BOX 247 ALEXANDRIA TN 37012 621459553 CELLULAR SERVICE TN DEKALB TELEPHONE COOPERATIVE C 5186535 20855297 1.00000 1 FIRST CHOICE SECURITY INC PO BOX 247 ALEXANDRIA TN 37012 464642258 SECURITY SERVICES TN DEKALB TELEPHONE COOPERATIVE C 369644 456479 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1 ADVANTAGE CELLULAR SYSTEMS INC L 73732 ACTUAL