2025-11-17T12:43:54+00:00 2024-12-31 440160260 Forvis Mazars LLP 1401 50th Street Suite 350 West Des Moines IA 502665935 990 2024-01-01 420181770 Citizens Mutual Telephone Cooperative CITI 6416642074 114 WEST JEFFERSON BLOOMFIELD IA 52537 VINCE TYSON GENERAL MANAGER/ASSISTANT SECRETARY 2025-11-17 true true MATTHEW C HALL P01573021 5152230159 2025-11-17 2024 2025-03-06 01:10:19Z X VINCE TYSON 114 WEST JEFFERSON BLOOMFIELD IA 52537 8327907 false X mycmtech.com X 1903 IA Providing advanced telecommunications services in southern Iowa. 8 8 27 0 12690 0 0 0 7387444 7756868 357754 323359 226837 247680 7972035 8327907 0 0 0 522141 0 1914755 0 0 0 6349042 5138556 6349042 7575452 1622993 752455 28009300 39206760 2223868 12683193 25785432 26523567 Provide advanced telecommunications services in southern Iowa. false false Provide internet access to approximately 3,500 members. Provide telephone service to approximately 1,500 members. Provide television services to approximately 836 members. 0 false false false false false false false false false false true true false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true true false false false true 97 0 true 27 true true true false false false false 5304648 790021 false false false X 8 8 false false false false true true true true false false false false true false false false false false true true false false IA X VINCE TYSON 6416642074 114 WEST JEFFERSON BLOOMFIELD IA 52537 Dean Hougland Director, Vice President 1.0 0.0 X X 600 0 0 Gary Dunlavy Director, President 1.0 0.0 X X 2450 0 0 Sue Utt Director, Secretary & Treasurer 1.0 0.0 X X 1950 0 0 Angela Shipley Director 1.0 0.0 X 1000 0 0 David Rasmussen Director 1.0 0.0 X 1450 0 0 Gary French Director 1.0 0.0 X 1450 0 0 Jeff Greiner Director 1.0 0.0 X 1000 0 0 Randy Jones Director 1.0 0.0 X 500 0 0 Rick Krenz Director 1.0 0.0 X 800 0 0 Vince Tyson GENERAL MANAGER/ASSISTANT SECRETARY 45.0 0.0 X 199826 0 101994 Brett Warning Central Office Technician 45.0 0.0 X 149328 0 48168 Curtis C Benge Customer Experience Manager 45.0 0.0 X 101906 0 61705 James Schooley Central Office Technician 45.0 0.0 X 105451 0 64041 Trent Gregory Operations Manager 45.0 0.0 X 125962 0 62304 693673 0 338212 5 false true false Central Cable Contractors Inc W7435 County AW Waupun WI 539639706 Fiber Plant Construction 2253262 KLK Construction PO BOX 22 Pella IA 50219 Fiber Plant Construction 2217774 Cicco Construction LLC 1205 W Orchard Street Centerville IA 52544 Fiber Plant Construction 1590464 Archer Skid Loader Service LLC 206 East Main St Pulaski IA 52584 Fiber Plant Construction 1351657 Northern Lights Fiber Optic Splicing 31746 160th Ave SW Crookston MN 56716 Fiber Plant Construction 336474 6 0 TELECOM SERVICES 517000 7756868 7744178 12690 0 0 0 0 7756868 323359 323359 247680 0 247680 0 247680 247680 0 0 0 0 0 0 0 8327907 7744178 12690 571039 522141 313020 1044600 129280 281710 146145 3308 137547 0 185669 4755 501590 131515 3932 2197771 19653 PLANT SPECIFIC OPERATIONS 680251 COST OF SERVICES 635415 CUSTOMER OPERATIONS 280100 CORPORATE OPERATIONS 262680 94370 7575452 94745 593461 3833655 8234310 362781 281489 0 0 81170 161509 2705197 2824069 499044 599817 54052724 31194605 16719996 22858119 3510968 3495442 0 88016 88016 113728 70528 28009300 39206760 1845154 1899938 9985 10405664 0 368729 377591 2223868 12683193 X 63060 72000 14609899 17002768 11112473 9448799 25785432 26523567 28009300 39206760 X 752455 -14320 X false true true false 80560 80560 1371593 1371593 0 1584615 1584615 51015956 29823012 21192944 22858119 Closely-held equity interests Financial derivatives INVESTMENT IN AUREON 2074594 F INVESTMENT IN AFFILIATE 1420848 F 3495442 Federal Income Taxes REVOLVING LOAN FUND 300000 CUSTOMER DEPOSITS 40065 DEFERRED PAY 37526 377591 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS X X X X false false false Vince Tyson GENERAL MANAGER/ASSISTANT SECRETARY 199826 0 0 0 0 0 70196 0 31798 0 301820 0 0 0 Brett Warning Central Office Technician 149328 0 0 0 0 0 33244 0 14924 0 197496 0 0 0 Trent Gregory Operations Manager 125962 0 0 0 0 0 34965 0 27339 0 188266 0 0 0 James Schooley Central Office Technician 105451 0 0 0 0 0 31296 0 32745 0 169492 0 0 0 Curtis C Benge Customer Experience Manager 101906 0 0 0 0 0 28018 0 33687 0 163611 0 0 0 Form 990, Part VI, Line 6 Classes of members or stockholders Each customer is a member of the cooperative and have voting rights at the annual meeting. Each member has one vote (joint members share one vote). Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The board members are elected on a rotational basis by a vote of the members at the annual meeting. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders Changes to the Articles of Incorporation, electing directors, and selling the cooperative must be voted on by the members. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body The organization does not have any committees with the authority to act on behalf of the governing body. Form 990, Part VI, Line 11b Review of form 990 by governing body The manager will present the 990 to the directors before filing. Form 990, Part VI, Line 15a Process to establish compensation of top management official The board evaluates the manager/CEO performance and looks at industry standards for other telecommunications cooperatives of like size for a comparable salary range and approves salary adjustments based on the range. The approval process is documented in board minutes. This process described here was last completed in 2024. Form 990, Part VI, Line 15b Process to establish compensation of other employees Top management personnel are evaluated on an annual basis using the NTCA Compensation Study as a guideline. The board of the cooperative approves pay adjustments. This process is documented in the board minutes. This process described here was last completed in 2024. Form 990, Part VI, Line 19 Required documents available to the public Financial records of the cooperative are available to members upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances MEMBERSHIP TRANSACTIONS - 8940; PRIOR PATRONAGE ADJUSTMENT - -510016; OTHER ADJUSTMENTS - -19860; OTHER EQUITY LOSS - -15525; PATRONAGE CAPITAL ALLOCATED - 522141; Total - -14320; Form 990 EXEMPT STATUS CITIZENS MUTUAL TELEPHONE COOPERATIVE IS FILING FORM 990 FOR THE FIRST TIME AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(12). IN PRIOR YEARS, THE COOPERATIVE FILED FORM 1120 AS A TAXABLE ENTITY. THIS IS THE FIRST YEAR THE COOPERATIVE HAS MET THE 85% MEMBER INCOME TEST, QUALIFYING IT FOR EXEMPTION AS A TELEPHONE COOPERATIVE. CITIZENS COMMUNICATIONS COMPANY 114 West Jefferson Bloomfield IA 52537 421208036 COMMUNICATION IA CMTC C Corporation -11762 1436314 1 true false false false false false false false false false false false false false false false false false false false