CITIZENS TELEPHONE COOPERATIVE: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CITIZENS TELEPHONE COOPERATIVE (EIN 54-0169578)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202403189349303580
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T09:57:33-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 620647474 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLACKBURN CHILDERS & STEAGALL PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801B SUNSET DRIVE | AddressLine1Txt |
| City | JOHNSON CITY | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37604 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540169578 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITIZENS TELEPHONE COOPERATIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CITI | BusinessNameControlTxt |
| Phone | 5407452111 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 WEBBS MILL ROAD P O BOX 137 | AddressLine1Txt |
| City | FLOYD | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24091 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONNA SMITH | PersonNm |
| Person Title | CEO / GENERAL MANAGER | PersonTitleTxt |
| Phone | 5407452111 | PhoneNum |
| Signature | 2024-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ANDY CLARK | PreparerPersonNm |
| PTIN | P01895107 | PTIN |
| Phone | 4232824511 | PhoneNum |
| Preparation | 2024-11-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DONNA SMITH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 WEBBS MILL ROAD P O BOX 137 | AddressLine1Txt |
| City | FLOYD | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24091 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,608,356 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.CITIZENS.COOP | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1953 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | CITIZENS TELEPHONE COOPERATIVE PROVIDES TELECOMMUNICATIONS SERVICES, SUCH AS TELEPHONE, INTERNET, CABLE TELEVISION, TRANSPORT, HOME SECURITY, MEDICAL ALERT, AND WEB AND EMAIL HOSTING SERVICES, FOR MEMBERS OF THE COOPERATIVE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 74 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $80,781 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $6,819 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,756,142 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,783,314 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,133,418 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,583,566 | CYProgramServiceRevenueAmt |
| PY Investment Income | $47,287 | PYInvestmentIncomeAmt |
| CY Investment Income | $271,960 | CYInvestmentIncomeAmt |
| PY Other Revenue | $850,727 | PYOtherRevenueAmt |
| CY Other Revenue | $969,516 | CYOtherRevenueAmt |
| PY Total Revenue | $16,787,574 | PYTotalRevenueAmt |
| CY Total Revenue | $18,608,356 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $668,948 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $732,211 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,039,307 | PYOtherExpensesAmt |
| CY Other Expenses | $16,849,591 | CYOtherExpensesAmt |
| PY Total Expenses | $15,708,255 | PYTotalExpensesAmt |
| CY Total Expenses | $17,581,802 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,079,319 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,026,554 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $58,558,437 | TotalAssetsBOYAmt |
| Total Assets EOY | $60,890,554 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $28,356,395 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $30,029,092 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $30,202,042 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $30,861,462 | NetAssetsOrFundBalancesEOYAmt |
| Mission | CITIZENS' MISSION: TO PROVIDE QUALITY SERVICE, EXCELLENT SUPPORT, AND ADVANCED TECHNOLOGIES RELATED TO COMMUNICATIONS AND ENTERTAINMENT IN OUR SERVICE TERRITORY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | CITIZENS TELEPHONE COOPERATIVE AND ITS SUBSIDIARIES PROVIDE TELEPHONE, INTERNET, CABLE TELEVISION, TRANSPORT, HOME SECURITY, MEDICAL ALERT, AND WEB AND EMAIL HOSTING SERVICES FOR MEMBERS OF THE COOPERATIVE. ADDITIONALLY, THE COOPERATIVE PROVIDES, SELLS, AND LEASES COMMUNICATION EQUIPMENT. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 23 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 74 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Members And Shr Gross Income | $14,040,502 | MembersAndShrGrossIncomeAmt |
| Other Sources Gross Income | $840,280 | OtherSourcesGrossIncomeAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRIS J BOND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5407452111 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 WEBBS MILL ROAD P O BOX 137 | AddressLine1Txt |
| City | FLOYD | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 24091 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| WESLEY GOFF | ||||||||
| PRESIDENT (01.01.23-10.21.23) | 1.00 | 0.10 | Yes (X) | Yes (X) | $8,223 | $0 | $0 | |
| LYNWOOD ALLEN | ||||||||
| DIRECTOR | 1.00 | 0.14 | Yes (X) | Yes (X) | $6,630 | $275 | $0 | |
| SHELBY QUESENBERRY | ||||||||
| SECRETARY | 1.00 | 0.14 | Yes (X) | Yes (X) | $11,280 | $275 | $0 | |
| DANIEL GRIM | ||||||||
| DIRECTOR | 1.00 | 0.10 | Yes (X) | $17,964 | $0 | $0 | ||
| KEVIN HUBBARD | ||||||||
| DIRECTOR | 1.00 | 0.10 | Yes (X) | $12,048 | $0 | $0 | ||
| RHONDA TURPIN | ||||||||
| DIRECTOR | 1.00 | 0.10 | Yes (X) | $16,363 | $0 | $0 | ||
| JONATHAN VEST | ||||||||
| VICE PRESIDENT | 1.00 | 0.14 | Yes (X) | $10,108 | $275 | $0 | ||
| JOE ITALIANO | ||||||||
| DIRECTOR THRU 10.21.23; PRESIDENT BEG 10.22.23 | 1.00 | 0.10 | Yes (X) | Yes (X) | $13,193 | $0 | $0 | |
| DONNA SMITH | ||||||||
| CEO/GENERAL MANAGER | 45.00 | 0.10 | Yes (X) | $147,278 | $0 | $41,099 | ||
| CHRIS J BOND | ||||||||
| CFO | 45.00 | Yes (X) | $103,159 | $0 | $35,064 | |||
| MICHAEL HERRING | ||||||||
| NETWORK ENGINEER/R&D | 42.00 | $133,662 | $0 | $29,236 | Yes (X) | |||
| JASON VAUGHN | ||||||||
| WAN TECHNICIAN | 42.00 | $111,395 | $0 | $35,509 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $591,303 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $825 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $140,908 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WHITING CONSTRUCTION INC | |||||
| P O BOX 485 | TROUTMAN | NC | 28166 | LINE EXTENSION PROJECTS/ACAM PROJECT | $5,312,571 |
| CAMPBELLS UNDERGROUND INC | |||||
| 5974 TAURUS DRIVE | DENVER | NC | 28037 | LINE EXTENSION PROJECTS | $1,502,020 |
| ELECTRICOM LLC | |||||
| PO BOX 319 | PAOLI | IN | 47454 | CONSTRUCTION FOR ACAM FIBER PROJECT | $1,015,945 |
| CHR SOLUTIONS | |||||
| P O BOX 1450 | MINNEAPOLIS | MN | 554855494 | ENGINEERING FOR ACAM FIBER PROJECT | $397,293 |
| STAKE CENTER LOCATING INC | |||||
| PO BOX 769 | KERNERSVILLE | NC | 27285 | UTILITY LOCATING SERVICES | $184,544 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $2,783,314 | GovernmentGrantsAmt |
| Total Contributions | $2,783,314 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GROSS PROGRAM SERVICE REVENUE | Desc |
| Business | 517000 | BusinessCd |
| Total Revenue Column | $14,583,566 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,509,136 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $74,430 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,583,566 | TotalProgramServiceRevenueAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $34,501 | TotalRevenueColumnAmt |
| Exclusion | $34,501 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $237,459 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $237,459 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $237,459 | TotalRevenueColumnAmt |
| Exclusion | $237,459 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER GROSS NON-MEMBER INCOME | Desc |
| Business | 517000 | BusinessCd |
| Total Revenue Column | $969,516 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $963,165 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $6,351 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $969,516 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,608,356 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,472,301 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $80,781 | UnrelatedBusinessRevenueAmt |
| Exclusion | $271,960 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $732,211 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,403,534 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,110,628 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| NON-REGULATED EXPENSES | $5,762,049 |
| PLANT SPECIFIC EXPENSES | $2,186,629 |
| PLANT NON-SPECIFIC EXPE | $1,844,127 |
| CUSTOMER OPERATIONS | $841,304 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $701,320 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,581,802 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,442 | BOYAmt |
| EOY | $257,306 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,876,193 | BOYAmt |
| EOY | $556,361 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,430,369 | BOYAmt |
| EOY | $5,054,469 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,122,264 | BOYAmt |
| EOY | $1,867,881 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,239,697 | BOYAmt |
| EOY | $1,060,110 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $95,840,812 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $49,463,760 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,657,190 | BOYAmt |
| EOY | $46,377,052 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,432,767 | BOYAmt |
| EOY | $2,460,331 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,419,515 | BOYAmt |
| EOY | $3,257,044 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,558,437 | BOYAmt |
| EOY | $60,890,554 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,110,490 | BOYAmt |
| EOY | $1,892,001 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,395,228 | BOYAmt |
| EOY | $8,291,131 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,562,433 | BOYAmt |
| EOY | $19,506,777 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,244 | BOYAmt |
| EOY | $339,183 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,356,395 | BOYAmt |
| EOY | $30,029,092 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,245 | BOYAmt |
| EOY | $1,245 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,200,797 | BOYAmt |
| EOY | $30,860,217 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,202,042 | BOYAmt |
| EOY | $30,861,462 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,558,437 | BOYAmt |
| EOY | $60,890,554 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,026,554 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $40,622 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$407,756 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $425,314 | OtherCostOrOtherBasisAmt |
| Book Value | $425,314 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,842,440 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,400,775 | DepreciationAmt |
| Book Value | $441,665 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,552,179 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,378,796 | DepreciationAmt |
| Book Value | $1,173,383 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $87,020,879 | OtherCostOrOtherBasisAmt |
| Depreciation | $42,684,189 | DepreciationAmt |
| Book Value | $44,336,690 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $46,377,052 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CONSTRUCTION IN PROCESS | Desc |
| Book Value | $3,257,044 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $3,257,044 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER ACCRUED LIABILITIES | $216,301 |
| ACCRUED PAYROLL TAXES | $14,287 |
| ACCRUED INTEREST | $108,595 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $339,183 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | UNCERTAIN TAX POSITIONS: THE COOPERATIVE FOLLOWS THE PROVISIONS OF UNCERTAIN TAX POSITIONS AS ADDRESSED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION(ASC). THE COOPERATIVE DID NOT HAVE UNRECOGNIZED TAX LIABILITIES AS OF JUNE 30, 2024 AND 2023 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. THE COOPERATIVE WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX LIABILITIES AS A COMPONENT OF INCOME TAX EXPENSE. AS OF JUNE 30, 2024 AND 2023, THE COOPERATIVE HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DONNA SMITH | ||||||||||||||
| CEO/GENERAL MANAGER | $147,278 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $41,099 | $0 | $188,377 | $0 | $0 | $0 |
| MICHAEL HERRING | ||||||||||||||
| NETWORK ENGINEER/R&D | $133,662 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $29,236 | $0 | $162,898 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | WHEN A BOARD MEMBER TRAVELS, THE ORGANIZATION PAYS FOR THEIR SPOUSE'S AIRFARE AND MEALS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | CITIZENS TELEPHONE COOPERATIVE IS A MEMBER-OWNED TELEPHONE COOPERATIVE. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS ARE RESPONSIBLE FOR VOTING FOR THE BOARD OF DIRECTORS EACH YEAR AT THE COOPERATIVE'S ANNUAL MEETING. THE EIGHT BOARD MEMBERS EACH SERVE THREE YEAR TERMS, AND THEY ARE ON A ROTATING BASIS. THREE BOARD POSITIONS ARE UP FOR ELECTION ONE YEAR, THREE THE NEXT, AND THEN TWO, AND SO ON. |
| FORM 990, PART VI, SECTION A, LINE 7B | EXCEPT AS OTHERWISE REQUIRED BY THE VIRGINIA TELEPHONE COOPERATIVES ACT OR OTHER APPLICABLE LAW, THE MEMBERS SHALL HAVE ONLY THE FOLLOWING VOTING RIGHTS: (1) ANY CORPORATE ACTION, EXCEPT THE ELECTION OF DIRECTORS, A MERGER, SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE COOPERATIVE'S ASSETS OTHER THAN IN THE USUAL AND REGULAR COURSE OF BUSINESS OR DISSOLUTION, WHICH, UNDER APPLICABLE LAW, REQUIRES APPROVAL OF THE MEMBERS, SHALL BE APPROVED AT A MEETING AT WHICH A QUORUM OF THE MEMBERS IS PRESENT IF THE VOTES CAST IN FAVOR OF THE ACTION EXCEED THE VOTES CAST AGAINST THE ACTION. (2) DIRECTORS SHALL BE ELECTED BY A PLURALITY OF THE VOTES CAST BY THE MEMBERS ENTITLED TO VOTE IN THE ELECTIONS AT A MEETING AT WHICH A QUORUM IS PRESENT; AND (3) A MERGER, SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE COOPERATIVE'S ASSETS OTHERWISE THAN IN THE USUAL AND REGULAR COURSE OF BUSINESS, OR DISSOLUTION SHALL BE APPROVED BY MAJORITY OF THE VOTES PRESENT AND ENTITLED TO VOTE ON THE TRANSACTION AT A MEETING AT WHICH A QUORUM OF THE MEMBERS IS PRESENT. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COMPLETE COPY OF THE ORGANIZATION'S FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE, WAS PROVIDED TO EACH PERSON WHO WAS A VOTING MEMBER OF THE GOVERNING BODY, WHETHER IN PAPER OR ELECTRONIC FORM, BEFORE ITS FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | CURRENTLY THE CONFLICT OF INTEREST POLICY IS NOT SIGNED OFF ON BY THE BOARD OF DIRECTORS ON A ANNUAL BASIS. IT IS IN THE COOPERATIVE'S BYLAWS, WHICH ARE PRINTED IN THE COOPERATIVE'S DIRECTORY EACH YEAR AND IN THE BOARD MANUAL, WHICH EACH BOARD MEMBER RECEIVES. |
| FORM 990, PART VI, SECTION B, LINE 15 | CITIZENS TELEPHONE COOPERATIVE HAS AN ANNUAL PERFORMANCE REVIEW OF TOP MANAGEMENT. THE BOARD OF DIRECTORS DOES THE ANNUAL PERFORMANCE REVIEW OF THE GENERAL MANAGER, WHICH ENCOMPASSES COMPANY GOALS AND OBJECTIVES WHICH ARE SET FORTH IN THE GENERAL MANAGER'S CONTRACT, WHICH RUNS FROM JANUARY TO DECEMBER OF EACH YEAR. THE PERFORMANCE REVIEWS ARE NOTED IN THE BOARD OF DIRECTORS MINUTES. WHEN THE PREVIOUS GENERAL MANAGER RETIRED, THE BOARD OF DIRECTORS HAD ADVANCE NOTICE THAT THE PRIOR GENERAL MANAGER WAS PLANNING TO RETIRE. THE CURRENT GENERAL MANGER WAS ASSISTANT GENERAL MANAGER AT THAT TIME, AND HE WAS GROOMED FOR THE POSITION OF GENERAL MANAGER BY THE PRIOR GENERAL MANAGER. |
| FORM 990, PART VI, SECTION C, LINE 19 | CITIZENS TELEPHONE COOPERATIVE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | INCREASE (DECREASE) IN PATRONAGE CAPITAL ACCOUNTS -407,756. |
| FORM 990, PART XII, LINE 2C | THE COOPERATIVE'S PROCESS FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. THE BOARD OF DIRECTORS ALSO ACTS AS THE AUDIT COMMITTEE. BOTH THE COOPERATIVE AND EACH OF ITS TWO SUBSIDIARIES' YEAR ENDS ARE DECEMBER 31, 2023. HOWEVER, CONSOLIDATED, AUDITED FINANCIAL STATEMENTS FOR THE PARENT AND ITS TWO SUBSIDIARIES WILL BE PREPARED AS OF JUNE 30, 2024. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| CITIZENS CABLEVISION INC | ||||||||||
| 220 WEBBS MILL ROAD | FLOYD | VA | 24091 | 050572816 | CABLE TELEVISION, INTERNET, AND TELEPHONE TO NON-MEMBERS OF THE COOPERATIVE | VA | N/A | C | 1.00000 | 0 |
| SELECTEC INC | ||||||||||
| 220 WEBBS MILL ROAD | FLOYD | VA | 24091 | 541252852 | PROVISION, SALES, AND LEASING OF COMMUNICATION EQUIPMENT | VA | N/A | C | 1.00000 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | Yes (1) | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (9 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CITIZENS CABLEVISION INC | ||
| Q | $717,665 | A/P INVOICES PARENT PAID FOR SUB |
| CITIZENS CABLEVISION INC | ||
| O | $609,101 | LABOR PARENT PAID FOR SUB |
| CITIZENS CABLEVISION INC | ||
| S | -$3,506,619 | SUB'S REVENUE COLLECTED BY PARENT |
| CITIZENS CABLEVISION INC | ||
| R | $1,923,443 | AMOUNT PARENT PAID TO SUB |
| SELECTEC INC | ||
| A | $600 | RENT SUB OWES TO PARENT |
| SELECTEC INC | ||
| R | -$20,038 | MISC CASH PARENT OWES SUB |
| SELECTEC INC | ||
| S | -$6,739 | SUB'S REVENUE COLLECTED BY PARENT |
| SELECTEC INC | ||
| Q | $17 | A/P INVOICES PARENT PAID FOR SUB |
| CITIZENS CABLEVISION INC | ||
| H | $68,461 | ASSETS PURCHASED |