2019-11-14T11:49:41-06:00 2018-12-31 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2018-01-01 930228760 MOLALLA TELEPHONE COMPANY AKA MOLALLA COMMUNICATIONS COMPANY MOLA 5038291100 211 ROBBINS STREET MOLALLA OR 97038 TERRY SIMMS VP/CFO 5038291100 2019-11-13 1 CHERI R BURNHAM CPA P00055324 2099556100 2019-11-13 12.129.4.210 2019-11-13 17:35:06 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 5C7DDF4DB5D450AC47B8022FAE3A848B90DE5F8D 2018 2020-04-17 16:48:07Z X STEPHEN LOUTZENHISER 211 ROBBINS STREET MOLALLA OR 97038 16995624 0 X WWW.MOLALLA.NET X 1958 OR COOPERATIVE TELEPHONE SERVICES 6 6 24 0 32848 15287 0 0 14074994 14640981 166422 237327 287990 170876 14529406 15049184 0 800000 1863402 1454781 0 987311 0 0 0 12666004 11636216 14529406 14878308 0 170876 45172143 45047752 16464457 15405621 28707686 29642131 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 26 0 1 24 1 1 1 0 0 0 0 5195997 475848 0 0 0 X 6 6 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 1 0 X TERRY SIMMS 5038291100 211 ROBBINS STREET MOLALLA OR 97038 MARCI MARSH CHAIRMAN 6.00 X X 17300 0 0 KAE WISE VICE CHAIRMAN 6.00 X X 17000 0 0 LORRAINE PETERS SECRETARY 6.00 X X 17000 0 0 RON JONES DIRECTOR 6.00 X 17000 0 0 DALE SETTJE DIRECTOR 6.00 X 17000 0 0 STEPHEN LOUTZENHISER PRESIDENT - CEO 58.00 X 325415 0 61225 LANCE EVES VICE PRESIDENT - COO 58.00 X 224743 0 55578 TERRANCE SIMMS VICE PRESIDENT - CFO 58.00 X 184932 0 50118 DAPHNE LISAC CONSUMER SERVICES MANAGER 48.00 X 112805 0 18320 JEFFREY STOCKETT SYSTEMS ADMINISTRATOR 48.00 X 109363 0 37522 1042558 0 222763 5 0 1 0 NORTH SKY COMMUNICATIONS PO BOX 87550 VANCOUVER WA 98687 OSP FIBER CONSTRUCTION 1376741 POWER & TELEPHONE SUPPLY CO PO BOX 1000 MEMPHIS TN 38148 FTTP PROJECT 291414 SALEM SEAL COATING PO BOX 418 TURNER OR 97392 PARKING LOT CONSTRUCTION 281018 CHR SOLUTIONS PO BOX 1450 MINNEAPOLIS MN 55485 CUSTOMER BILLING 137405 GTT COMMUNICATIONS PO BOX 842630 DALLAS TX 75284 IP TRANSIT 115247 5 TELEPHONE SERVICES 517000 14027225 14027225 NONREGULATED & OTHER OPERATING AC 517000 548530 548530 DIRECTORY ADVERTISING 541800 65226 32378 32848 14640981 210144 210144 1973623 1946440 27183 27183 27183 EQUITY INCOME-AFFILIATE 900099 170876 170876 170876 15049184 14608133 32848 408203 800000 1454781 987311 464124 262888 3620033 INCOME TAXES 29147 PLANT NONSPECIFIC 2733809 PLANT SPECIFIC 2376281 CUSTOMER OPERATIONS 1325512 824422 14878308 976326 2531071 650000 653068 1027746 973828 435413 184997 465121 625266 69613610 36865582 34114553 32748028 4553304 4310939 2949680 3020555 45172143 45047752 2064668 2001168 14399789 13404453 16464457 15405621 X 0 0 37078 37587 28670608 29604544 28707686 29642131 45172143 45047752 X 170876 -286456 1050025 X 0 1 X 1 0 431828 431828 4800965 2396205 2404760 64380817 34469377 29911440 32748028 2757524 C RTFC SUBORDINATED AND PAT. CAP. CERTIFICATES 164468 C ASSOCIATED NETWORK PARTNERS, INC 98563 C 3020555 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 INCOME TAX PURPOSES. THE COMPANY WAS TAX-EXEMPT IN 2018 AND TAXABLE IN 2017. FOR 2017, CONSOLIDATED TAX RETURNS WERE FILED FOR BOTH FEDERAL AND STATE. THE COMPANY RECORDS UNCERTAIN TAX POSITIONS IF THE LIKELIHOOD THE POSITION WILL BE SUSTAINED UPON EXAMINATION IS LESS THAN 50%. AS OF DECEMBER 31, 2018 AND 2017, 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) PF 800000 EDUCATION SCHOLARSHIPS 1 X 1 1 X X X X 0 0 0 STEPHEN LOUTZENHISER PRESIDENT - CEO 312015 0 6839 0 6561 0 42635 0 18590 0 386640 0 0 0 LANCE EVES VICE PRESIDENT - COO 208389 0 8856 0 7498 0 34743 0 20835 0 280321 0 0 0 TERRANCE SIMMS VICE PRESIDENT - CFO 162140 0 12726 0 10066 0 28581 0 21537 0 235050 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, STEVE LOUTZENHISER, FOR HIS REVIEW PRIOR TO FILING. THE BOARD OF DIRECTORS DOES NOT REVIEW FORM 990 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 2016. 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 509. PATRONAGE CAPITAL REDEMPTIONS & DISCOUNTS -496,528. RETIREMENT OF UNCLAIMED EQUITIES 67,335. FEDERAL EXCISE TAX REFUND 23,928. NET MARGIN 1,454,781. 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 145270 2720452 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 800000