2021-11-10T15:22:37-06:00 2020-12-31 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2020-01-01 930228760 MOLALLA TELEPHONE COMPANY AKA MOLALLA COMMUNICATIONS COMPANY MOLA 5038291100 211 ROBBINS STREET MOLALLA OR 97038 TERRY SIMMS VP/CFO 5038291100 2021-11-09 1 TERRY SIMMS 999009999 CHERI R BURNHAM CPA P00055324 2099556100 2021-11-08 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEPHEN LOUTZENHISER 211 ROBBINS STREET MOLALLA OR 97038 17141719 0 X WWW.MOLALLA.NET X 1958 OR COOPERATIVE TELEPHONE SERVICES 5 5 24 0 28964 13674 0 0 15282806 16405234 211778 126579 363607 239752 15858191 16771565 650000 500000 2722819 3317035 1408695 1496836 0 0 0 10713068 11217942 15494582 16531813 363609 239752 46185682 47921359 14019137 13251963 32166545 34669396 MOLALLA TELEPHONE COMPANY AKA MOLALLA COMMUNICATIONS COMPANY IS AN OREGON COOPERATIVE CORPORATION PROVIDING TELEPHONE AND INTERNET SERVICES TO MEMBERS ON A COOPERATIVE BASIS. 0 0 PROVIDE TELEPHONE AND INTERNET SERVICES TO COOPERATIVE MEMBERS. 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 32 0 1 24 1 1 1 0 0 0 0 5921363 228500 0 0 0 X 5 5 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 OR X TERRY SIMMS 5038291100 211 ROBBINS STREET MOLALLA OR 97038 MARCI MARSH CHAIRMAN 6.00 X X 17700 0 0 RON JONES VICE CHAIRMAN 6.00 X X 17400 0 0 KAE WISE SECRETARY 6.00 X X 17400 0 0 DALE SETTJE DIRECTOR 6.00 X 17400 0 0 RICK DISHNER DIRECTOR 6.00 X 17400 0 0 STEPHEN LOUTZENHISER PRESIDENT - CEO 58.00 X 564875 0 63220 LANCE EVES VICE PRESIDENT - COO 58.00 X 346523 0 69386 TERRANCE SIMMS VICE PRESIDENT - CFO 58.00 X 296115 0 69416 DAPHNE LISAC CONSUMER SERVICES MANAGER 48.00 X 147619 0 25559 JEFFREY STOCKETT SYSTEMS ADMINISTRATOR 48.00 X 122672 0 43736 1565104 0 271317 5 0 1 0 0 TELEPHONE SERVICES 517000 15869358 15869358 NONREGULATED & OTHER OPERATING AC 517000 479361 479361 DIRECTORY ADVERTISING 541800 56515 27551 28964 16405234 152305 152305 344428 370154 -25726 -25726 -25726 EQUITY INCOME-AFFILIATE 900099 239752 239752 239752 16771565 16376270 28964 366331 500000 3317035 1496836 503922 233457 3577896 INCOME TAXES 3752 PLANT NONSPECIFIC 2750569 PLANT SPECIFIC 2542767 CUSTOMER OPERATIONS 1300322 305257 16531813 4309741 5546508 2030862 817283 1644508 3504242 199350 306171 683393 659098 72135327 43524651 30656001 28610676 3366911 4942713 3294916 3534668 46185682 47921359 1615018 1853716 12404119 11398247 14019137 13251963 X 0 0 38146 38758 32128399 34630638 32166545 34669396 46185682 47921359 X 239752 215470 2047629 X 0 1 X 1 0 431828 431828 4898219 2743500 2154719 66805280 40781151 26024129 28610676 3271637 C RTFC SUBORDINATED AND PAT. CAP. CERTIFICATES 164468 C ASSOCIATED NETWORK PARTNERS, INC 98563 C 3534668 X PART X, LINE 2: THE COMPANY, AS A COOPERATIVE, HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAX UNDER 501(C)(12) OF THE INTERNAL REVENUE CODE, EXCEPT FOR "UNRELATED BUSINESS INCOME". THE COMPANY IS ALSO EXEMPT FROM OREGON INCOME TAXES. HOWEVER, IN ANY YEAR FOR WHICH LESS THAN 85% OF GROSS REVENUE IS DERIVED FROM MEMBER SERVICES, THE COMPANY BECOMES A TAXABLE ENTITY FOR BOTH FEDERAL AND STATE PURPOSES. THE COMPANY WAS TAX-EXEMPT IN 2020 AND 2019. MCSI IS A TAXABLE ENTITY FOR BOTH FEDERAL AND STATE INCOME TAX PURPOSES. THE COMPANY RECORDS UNCERTAIN TAX POSITIONS IF THE LIKELIHOOD THE POSITION WILL BE SUSTAINED UPON EXAMINATION IS LESS THAN 50%. AS OF DECEMBER 31, 2020 AND 2019, THE COMPANY HAD NO ACCRUED AMOUNTS RELATED TO UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE RECORDED AS INTEREST EXPENSE AND OTHER EXPENSE, RESPECTIVELY. 0 MOLALLA COMMUNICATIONS EDUCATION FOUNDATION INC 211 ROBBINS STREET MOLALLA OR 97038 453983646 IRC 501(C)(3) 500000 EDUCATION SCHOLARSHIPS 1 0 PART II, LINE 1: THE GRANT PAID IS TO A RELATED TAX EXEMPT ORGANIZATION USED FOR EDUCATIONAL SCHOLARSHIPS, THEREFORE ALL FUNDS ARE USED IN THE UNITED STATES. X 1 1 X X X X 0 0 0 STEPHEN LOUTZENHISER PRESIDENT - CEO 406887 0 153600 0 4388 0 44173 0 19047 0 628095 0 0 0 LANCE EVES VICE PRESIDENT - COO 261098 0 78600 0 6825 0 44175 0 25211 0 415909 0 0 0 TERRANCE SIMMS VICE PRESIDENT - CFO 216536 0 68000 0 11579 0 44205 0 25211 0 365531 0 0 0 DAPHNE LISAC CONSUMER SERVICES MANAGER 111775 0 35000 0 844 0 22942 0 2617 0 173178 0 0 0 JEFFREY STOCKETT SYSTEMS ADMINISTRATOR 107099 0 14331 0 1242 0 18797 0 24939 0 166408 0 0 0 PART I, LINE 1A TRAVEL AND REGISTRATION EXPENSES FOR TELECOMMUNICATIONS INDUSTRY CONFERENCES ATTENDED BY OFFICERS OF THE COMPANY AND THEIR COMPANIONS ARE PAID FOR BY THE COMPANY. COMPANION TRAVEL COSTS ARE NOT TAXABLE TO THE OFFICER. FORM 990, PART VI, SECTION A, LINE 6 THE COOPERATIVE'S MEMBERSHIP CONSISTS OF PERSONS RECEIVING RETAIL TELECOMMUNICATIONS SERVICES FROM THE COOPERATIVE, WHO RESIDE IN THE COOPERATIVE'S SERVICE AREA AND PROVIDE A CONTINUING OR PERIODIC TELECOMMUNICATIONS REVENUE STREAM FOR THE COOPERATIVE. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS ARE ELECTED FROM A POOL OF QUALIFIED CANDIDATES AS DEFINED AND DETERMINED BY THE COOPERATIVE'S BYLAWS AT THE COOPERATIVE'S ANNUAL MEETING BY A MAJORITY OF THE VOTING MEMBERS. MEMBERS' VOTES ARE CAST ORALLY UNLESS THE RESULTS ARE CONTESTED. IF THE RESULTS ARE CONTESTED, PAPER BALLOTS ARE THEN MAILED OUT TO MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B (1) THE SALE, LEASE, EXCHANGE OR SUBSTANTIAL DISPOSITION OF ALL OF THE COOPERATIVE'S ASSETS, IF NOT IN THE ORDINARY COURSE OF THE COOPERATIVE'S BUSINESS, IS SUBJECT TO THE APPROVAL OF A TWO-THIRDS MAJORITY OF THE COOPERATIVE'S MEMBERSHIP. (2) AMENDMENTS TO THE COOPERATIVE'S BYLAWS ARE SUBJECT TO APPROVAL BY A MAJORITY OF VOTING MEMBERS IN ATTENDENCE OF ANY MEETING OF THE MEMBERS SUBSEQUENT TO PROVIDING MEMBERS WITH A NOTICE OF THE PROPOSED AMENDMENTS OR A SUMMARY OF THE CHANGES INCLUDED WITH THE NOTICE OF THE MEETING. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS IN THE CURRENT YEAR. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S CEO AND CFO TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MCC HUMAN RESOURCES REVIEWS THE CONTENT OF THE CONFLICT OF INTEREST POLICY REGULARLY. ALL TEAM MEMBERS ARE REQUIRED TO READ AND ACKNOWLEDGE RECEIPT OF POLICIES. MCC ADDRESSES COMPLAINTS OR ALLEGED VIOLATIONS OF POLICY VIA INTERNAL INVESTIGATION IN COMPLIANCE WITH THIS, AND OTHER APPLICABLE POLICIES. FORM 990, PART VI, SECTION B, LINE 15 IN CONJUNCTION WITH EMPLOYING A HUMAN RESOURCES PROFESSIONAL TO DESIGN AND FACILITATE COMPENSATION STRUCTURE, MCC RETAINS AN INDEPENDENT CONSULTANT TO ASSIST WITH ANALYZING THE CHOSEN PAY DELIVERY SYSTEM FOR COMPENSATION PLANS. MARKET ANALYSIS IS REVIEWED ANNUALLY AND WAS LAST DONE DURING 2020. FORM 990, PART VI, SECTION C, LINE 19 THE COOPERATIVE'S BYLAWS AND ANNUAL FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THEIR WEBSITE. THEIR CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN MEMBERSHIPS 612. PATRONAGE CAPITAL REDEMPTIONS & DISCOUNTS -1,370,830. RETIREMENT OF UNCLAIMED EQUITIES 79,070. FEDERAL EXCISE TAX REFUND 21,742. NET MARGIN 3,317,035. MOLLALA COMMUNICATIONS EDUCATIONAL FOUNDATION INC 211 ROBBINS STREET MOLALLA OR 97038 453983646 EDUCATIONAL TRUST FOUNDATION OR 501(C)(3) PF N/A 1 MOLALLA COMMUNICATIONS SYSTEMS INC 211 ROBBINS STREET MOLALLA OR 97038 931177226 INVESTMENT COMPANY OR MOLALLA TELEPHONE COMPANY C 288860 3393987 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MOLALLA COMMUNICATIONS EDUCATION FOUNDATION INC B 500000 FMV