2025-11-07T08:00:25+00:00 2024-12-31 440160260 Forvis Mazars LLP 1401 50th Street Suite 350 West Des Moines IA 502665935 990 2024-01-01 420819332 SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY SOUT 3196262211 980 NORTH FRONT STREET NORTH LIBERTY IA 52317 CHUCK DEISBECK CEO 3196262211 2025-11-07 true true Matthew C Hall P01573021 5152230159 2025-11-15 2024 2025-03-06 01:10:19Z SEE SCHEDULE O CHUCK DEISBECK 980 NORTH FRONT STREET NORTH LIBERTY IA 52317 43535639 false X WWW.SOUTHSLOPE.COM X 1958 IA TO PROVIDE COMMUNICATIONS SERVICES TO ITS MEMBERS 5 5 129 0 18515 50113 129188 367443 39764507 41607331 965484 844218 769166 669353 41628345 43488345 29109 132765 5172042 7027044 6488995 6846977 0 0 0 29937724 29488757 41627870 43495543 475 -7198 110874225 113338780 28226782 24922997 82647443 88415783 TO PROVIDE COMMUNCATIONS SERVICES TO ITS MEMBERS. false false THE COOPERATIVE PROVIDES QUALITY SERVICES TO ITS MEMBER SUBSCRIBERS THESE SERVICES INCLUDE LOCAL EXCHANGE SERVICES, TOLL SERVICES, TERMINAL EQUIPMENT FOR SALE OR LEASE, INTERNET SERVICES, INSTALLATION AND MAINTENANCE OF CUSTOMER PREMISE WIRING, VIDEO SERVICES, AND OTHER MISCELLANEOUS SERVICES. 0 false true false false false false false false false false true true false false true false true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false false false false true 123 0 true 129 true true true false false false false 41607331 1560865 false false false X 5 5 false false false false true true true true true false false false true true true true true true true true false false IA X CARLA MINER 3196262211 980 NORTH FRONT STREET NORTH LIBERTY IA 52317 BRIAN BUTZ SECRETARY/TREASURER 2.0 0.0 X X 10919 0 0 DAVID ROBERTS VICE PRESIDENT 2.0 0.0 X X 12759 0 0 MICHAEL SCHANZ PRESIDENT 2.0 0.0 X X 13119 0 0 BRAD MESKIMEN DIRECTOR 2.0 0.0 X 14727 0 0 GARY GRABE DIRECTOR 2.0 0.0 X 11269 0 0 BRIAN HAMACHER CHIEF OPERATING OFFICER 60.0 0.0 X 238257 0 93916 CARLA MINER CONTROLLER 55.0 0.0 X 148800 0 46468 CHARLES DEISBECK CEO 60.0 0.0 X 407917 0 117424 BRADLEY MEREDITH DATA ADMINISTRATOR 42.0 0.0 X 104534 0 45941 JAMES SPRINGSTEEN DATA ADMINISTRATOR 42.0 0.0 X 109451 0 31736 JASON URELL PLANT MANAGER 50.0 0.0 X 126962 0 51616 SHELLEY MASSELL ACCOUNTING SUPERVISOR 55.0 0.0 X 113579 0 39670 STEVEN SHERZER FACILITIES & MAINTEANCE SUPERVISOR 40.0 0.0 X 106196 0 37514 1418489 0 464285 9 false true false CENTRAL CABLE CONTRACTORS INC W7435 COUNTY AW WAUPUN WI 53963 FIBER CONSTRUCTION 10695428 MIDWEST UNDERGROUND CONTRACTORS 300 HWY 151E WALFORD IA 52351 FIBER CONSTRUCTION 1446371 VANTAGE POINT SOLUTIONS INC 2211 NORTH MINNESOTA STREET MITCHELL SD 57301 CONSULTING 1441805 ACME ELECTRIC COMPANY 1060 CAPITAL DRIVE SW CEDAR RAPIDS IA 52404 MULTI-DWELLING FIBER CONVERSIONS 727326 MP NEXLEVEL LLC 500 COUNTY RD 37 E MAPLE LAKE IA 55358 SERVICE INSTALLS 398021 30 0 0 0 0 367443 0 0 367443 Telecommunications Services 517000 41607331 41607331 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 41607331 844218 0 0 844218 0 0 0 0 0 0 0 0 647021 0 27481 0 619540 0 619540 0 0 619540 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30605 19813 10792 10792 0 0 NONMEMBER INTERNET/INSTALLS 517000 7234 0 2356 4878 DIRECTORY ADVERTISING 541800 16159 0 16159 0 OTHER DIRECTORY REVENUE 511140 15091 0 0 15091 537 0 0 537 39021 43488345 41618123 18515 1484264 132765 7027044 1115575 3969121 475302 835390 451589 37099 994042 0 1190212 415780 10604871 0 Cost of Services 11535076 PLANT SPECIFIC OPERATIONS 3319234 Plant Nonspecific Operations 751860 Corporate Operations 389143 251440 43495543 3777400 3076219 6216186 608574 0 0 779729 993596 0 0 0 0 0 0 2109313 1834212 369040 713382 205279953 108400156 88557830 96879797 0 0 9031293 9233000 0 0 0 33434 0 110874225 113338780 1952050 2709992 4080599 5483353 0 0 0 0 0 0 0 0 22155933 16687777 0 0 38200 41875 28226782 24922997 0 0 0 0 X 0 0 5555124 5555124 77092319 82860659 82647443 88415783 110874225 113338780 X -7198 7604 5767934 X false true true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2253691 2253691 0 16490461 2104919 14385542 0 0 0 0 0 171833188 106295237 65537951 0 14702613 0 14702613 96879797 Closely-held equity interests Financial derivatives I.N.S. 7933635 F PATRONAGE CAPITAL 84742 C PRINCIPAL FINANCIAL GROUP 110232 F MONARCH WIRELESS 394995 C CHERRY WIRELESS 469396 C EVERGREEN DIGITAL MEDIA INVESTMENT 200000 C PRINCIPAL FINANCIAL GRP-Retirement Plan 40000 C 9233000 Federal Income Taxes ACCRUED INCOME TAXES -14021 ADVANCED BILLINGS & PAYMENTS 13190 CUSTOMER DEPOSITS 25922 ASSET RETIREMENT OBLIGATION 6784 DEFERRED 457(F) PLAN 10000 41875 43671585 7604 176042 183646 43487939 406 406 43488345 36644541 176042 176042 36468499 7027044 7027044 43495543 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. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION - 134945 Bad Debt Expense - 13616 Rental Expenses - 27481 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Partnership Income - 406 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 ALLOWANCE FOR FUNDS USED DURING CONSTRUCTION - 134945 Bad Debt Expense - 13616 Rental Expenses - 27481 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Patronage Capital Allocated - 7027044 true North Liberty Community Pantry 350 W Penn St North Liberty IA 52317 934107271 501(C)3 107450 PROGRAM SUPPORT 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The organization has established procedures to ensure proper oversight of grant funds, which have exclusively supported fiber construction projects. For each project, we maintain detailed expense records and retain all related contracts, which are submitted to the Office of the Chief Information Officer (OCIO) or the Rural Utilities Service (RUS) as required. All grant-funded projects undergo review and approval by our Board of Directors. Similarly, any significant donations are also subject to board approval. Nonprofit organizations apply for grants through Aueron. If awarded, South Slope provides a matching contribution of up to $1,000 per grant. X true true X X X false true false BRIAN HAMACHER CHIEF OPERATING OFFICER 212745 0 20000 0 5512 0 65576 0 28340 0 332173 0 0 0 CHARLES DEISBECK CEO 338390 0 60000 0 9527 0 88752 0 28672 0 525341 0 0 0 CARLA MINER CONTROLLER 135816 0 7500 0 5484 0 28492 0 17976 0 195268 0 0 0 JASON URELL PLANT MANAGER 115724 0 7500 0 3738 0 24784 0 26832 0 178578 0 0 0 SHELLEY MASSELL ACCOUNTING SUPERVISOR 101759 0 7500 0 4320 0 21694 0 17976 0 153249 0 0 0 BRADLEY MEREDITH DATA ADMINISTRATOR 96489 0 5000 0 3045 0 20453 0 25488 0 150475 0 0 0 Schedule J, Part I, Line 1a Travel for companions THE ORGANIZATION PAID FOR SPOUSAL TRAVEL EXPENSES RELATED TO THE NTCA RURAL TELECOM EXPO FOR THE FOLLOWING INDIVIDUALS IN THE FOLLOWING AMOUNTS: GARY GRABE $419 MICHAEL SCHANZ $669 BRIAN BUTZ $669 BRAD MESKIMEN $877 DAVID ROBERTS $709 These spousal travel expenses have been included as taxable income on each individual's Form W-2. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan 457(f) plan contributions: CHARLES DEISBECK $25,000 BRIAN HAMACHER $15,000 Form 990, Part VI, Line 15 LINE 15A & 15B - PROCESS TO ESTABLISH COMPENSATION THE ORGANIZATION CONSULTED AN INDEPENDENT FIRM TO PREPARE A COMPENSATION DATA STUDY. THE BOARD TOOK THE INFORMATION FROM THE COMPENSATION STUDY AND USED IT TO REVIEW THE COMPENSATION OF THE ORGANIZATION'S CEO AND KEY EMPLOYEES FOR 2024. THE NTCA ANNUAL COMPENSATION SURVEY IS USED IN REVIEW OF COMPENSATION OF OTHER OFFICERS AND THE BOARD PRESIDENT IS NOTIFIED OF COMPENSATION CHANGES FOR OTHER OFFICERS. Form 990, Part VI, Line 6 Classes of members or stockholders ANY CUSTOMER THAT HAS A LANDLINE, INTERNET, SPECIAL ACCESS, OR VIDEO SERVICES HAVE A MEMBERSHIP WITH THE COOPERATIVE. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body MEMBERS OF THE COOPERATIVE ELECT THE GOVERNING BODY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders CHANGES TO THE COMPANY ARTICLES ARE SUBJECT TO MEMBER APPROVAL. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND ACCOUNTING PERSONNEL. ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. FORM 990 IS PRESENTED TO THE GOVERNING BODY PRIOR TO THE FILING. THE RETURN IS THEN SIGNED BY THE SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY'S CEO. Form 990, Part VI, Line 12c Conflict of interest policy A CONFLICT-OF-INTEREST POLICY EXISTS IN THE ORGANIZATION'S ARTICLES OF INCORPORATION STATING THAT ANYONE WITH A CONFLICT IS INELIGIBLE TO BE ON THE GOVERNING BOARD. Form 990, Part VI, Line 19 Required documents available to the public SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY'S FINANCIAL STATEMENTS ARE PROVIDED YEARLY TO THE MEMBERS OF THE COOPERATIVE WITH THEIR INVITATION TO THE ANNUAL MEETING. BYLAWS ARE PROVIDED TO THE NEW MEMBER WHEN THEY ESTABLISH SERVICE WITH THE COOPERATIVE. THE CONFLICT OF INTEREST POLICY IS PROVIDED DURING THE NOMINATION PROCESS. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue - Total Revenue: 537, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 537; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Patronage Capital Allocated - 7027044; Partnership Income - -406; Patronage Capital paid - -1216537; Federal Excise Tax Refund - 18984; POS Capital Credit Writeoff Recovery - -61151; Total - 5767934; FORM 990, BOX C THE ORGANIZATION HAS THE FOLLOWING DOING BUSINESS AS NAMES: SOUTH SLOPE COOPERATIVE COMMUNICATIONS COMPANY SOUTH SLOPE COMMUNICATIONS COMPANY