2026-09-24T15:08:54-05:00 2025-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 601 W RIVERSIDE AVENUE STE 1800 SPOKANE WA 99201 990 2025-01-01 620513986 DEKALB TELEPHONE COOPERATIVE INC DEKA 8003674274 PO BOX 247 ALEXANDRIA TN 37012 KASEY KRUEGER CHIEF EXECUTIVE OFFICER 8003674274 2026-09-24 1 CHERI R BURNHAM P00055324 5097472600 2026-09-24 2025 DTC COMMUNICATIONS KASEY KRUEGER PO BOX 247 ALEXANDRIA TN 37012 27173906 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 44656 0 0 0 26080020 26825580 306582 105825 1288479 239875 27675081 27171280 0 0 1947405 2409627 1088852 1003574 0 0 0 23444873 23563004 26481130 26976205 1193951 195075 125560661 125108855 68752648 67354893 56808013 57753962 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. IN 2025, DEKALB TELEPHONE COOPERATIVE, INC. COMPLETED BUILD OUT OF ITS FIBER NETWORK, WHICH PROVIDES HIGH SPEED BROADBAND SERVICES TO COOPERATIVE MEMBERS. 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 90 0 1 56 1 1 1 0 0 0 0 16771450 2523788 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 16917 16450 0 KURT BASS DIRECTOR 5.00 X 22317 10850 0 JAMES VINSON DIRECTOR 5.00 X 22828 9800 0 RANDY CAMPBELL DIRECTOR/TREASURER 5.00 X X 16225 13650 0 RONNIE GARRISON DIRECTOR 5.00 X 16155 9450 0 DAVID PARKER DIRECTOR 5.00 X 14043 9450 0 KATHY PUGH DIRECTOR 5.00 X 9235 14000 0 TERRY MCPEAK DIRECTOR/SECRETARY 5.00 X X 5337 16450 0 JAMES DILLARD DIRECTOR/VICE-PRESIDENT 5.00 X X 8985 12250 0 BRIAN ALEXANDER DIRECTOR 5.00 X 3777 14700 0 KASEY KRUEGER CEO 65.00 X 238620 0 38417 STEVE JOHNSON PLANT MANAGER/INTERIM CEO (THRU 06/25) 55.00 X 187543 0 11909 JOE MITCHELL DIRECTOR OF ACCOUNTING & FINANCE 55.00 X 159102 0 23815 CHRISTOPHER TOWNSON CEO (THRU 01/25) 65.00 X 130910 0 4644 ANITA PATRICK DIRECTOR OF HR & ADMIN. SERVICES 55.00 X 169736 0 25867 ED MASSEY DIRECTOR OF TECH. & CYBERSECURITY 55.00 X 160392 0 30734 BRENT ADCOCK DIRECTOR OF OPERATIONS 55.00 X 137545 0 33223 JANNIE MULASKI MKTG. & COMMUNITY RELATIONS MANAGER 55.00 X 122215 0 27444 SABRINA CARUTHERS CUSTOMER EXPERIENCE MANAGER 55.00 X 123461 0 17466 1565343 127050 213519 10 0 1 0 RED STAG CONTRACTORS LLC 2987 SOUTH YORK HWY JAMESTOWN TN 35886 TELEPHONE LINE CONSTRUCTION 3955681 CMS TELECOM SERVICES LLC 11117 LEBANON RD MOUNT JULIET TN 37122 TELECOMMUNICATIONS EQUIPMENT INSTALLATIO 894795 BILLY F HOUSE JR 804 NEW HOME ROAD DOWELLTOWN TN 37059 TELEPHONE LINE CONSTRUCTION 882794 CBRSTELECOM LLC 1170 OLD STATESVILLE RD WATERTOWN TN 37184 TELECOMMUNICATIONS CONSULTING 739575 PALMETTO ENGINEERING LLC 3504 - 320 HIGHWAY 153 GREENEVILLE SC 29611 ENGINEERING CONSULTING 700703 15 TELECOMMUNICATION REVENUE 517000 26675692 26675692 POLE RENTAL INCOME 900099 149888 149888 26825580 108451 108451 2626 -2626 -2626 -2626 AFFILIATE INCOME 523000 195075 195075 DIRECTORY REVENUE 541800 25943 25943 TECH TEAM REVENUE 541519 18713 18713 144 144 239875 27171280 26675836 44656 450788 2409627 1003574 1733865 8539672 PLANT SPECIFIC OPERATIO 5433801 CORPORATE OPERATIONS 2346494 CUSTOMER OPERATIONS 2264463 NONREGULATED 2255234 989475 26976205 2061868 2050519 5222876 5231987 4875836 6132658 2552922 2136441 565723 612369 184915123 95055298 91637877 89859825 18147559 18501213 487847 487847 8153 95996 125560661 125108855 4377363 4037085 53357574 50681470 11017711 12636338 68752648 67354893 X 0 0 0 0 56808013 57753962 56808013 57753962 125560661 125108855 X 195075 750874 X 0 1 X 1 0 668868 668868 8255053 5980732 2274321 175673183 89074566 86598617 318019 318019 89859825 INVESTMENT IN FIRST CHOICE 293736 C INVESTMENT IN T.I.T.G. 2642032 C INVESTMENT IN ADVANTAGE CELLULAR SYSTEMS, INC. 15565445 C 18501213 POSTRETIREMENT BENEFITS OTHER THAN PENSION 12378567 CUSTOMER DEPOSITS 161775 OPERATING LEASE OBLIGATION 95996 12636338 X PART X, LINE 2: IN DECEMBER 31, 2025 AND 2024, 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, 2025 AND 2024, 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 KASEY KRUEGER CEO 228620 0 10000 0 0 0 22603 0 15814 0 277037 0 0 0 STEVE JOHNSON PLANT MANAGER/INTERIM CEO (THRU 06/25) 187543 0 0 0 0 0 3716 0 8193 0 199452 0 0 0 ANITA PATRICK DIRECTOR OF HR & ADMIN. SERVICES 149486 0 20250 0 0 0 9283 0 16584 0 195603 0 0 0 ED MASSEY DIRECTOR OF TECH. & CYBERSECURITY 145204 0 15188 0 0 0 7705 0 23029 0 191126 0 0 0 JOE MITCHELL DIRECTOR OF ACCOUNTING & FINANCE 143914 0 15188 0 0 0 7231 0 16584 0 182917 0 0 0 BRENT ADCOCK DIRECTOR OF OPERATIONS 122365 0 15180 0 0 0 10545 0 22678 0 170768 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: BENNIE CURTIS = $1,874 JAMES VINSON = $661 RANDY CAMPBELL = $1,582 RONNIE GARRISON = $484 TERRY MCPEAK = $1,856 BRIAN ALEXANDER = $1,561 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 -374,392. INCOME OF SUBSIDIARY - EQUITY METHOD -239,973. ASSIGNMENT OF NET MARGINS TO MEMBERS 2,649,600. POSTRETIREMENT BENEFITS -1,442,939. BOOK TO TAX ADJUSTMENT FOR PASSTHROUGH ENTITY 158,578. ADVANTAGE CELLULAR SYSTEMS INC PO BOX 247 ALEXANDRIA TN 37012 621459553 CELLULAR SERVICE TN DEKALB TELEPHONE COOPERATIVE C 9002349 22415065 1.00000 1 FIRST CHOICE SECURITY INC PO BOX 247 ALEXANDRIA TN 37012 464642258 SECURITY SERVICES TN DEKALB TELEPHONE COOPERATIVE C 608886 452608 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 79740 ACTUAL