2017-10-25T12:33:04-05:00 2016-12-31 631035228 Jackson Thornton & Co PC PO Box 96 Montgomery AL 361010096 990 2016-01-01 620526657 Bledsoe Telephone Cooperative Inc BLED 4234472121 PO Box 609 Pikeville TN 37367 John Lee Downey President 4234472121 2017-10-23 1 Patrick Cooper P00856177 3348347660 2017-10-17 97.65.8.162 2017-10-23 08:12:02 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 183123B44C980926B3971B345CDDF42C4CF6E756 2016 2021-01-29 14:40:06Z Charlie Boring PO Box 609 Pikeville TN 37367 22885334 0 X www.bledsoe.net X 1953 TN To provide dependable, state of the art telecommunication service on the cooperative plan. 7 7 67 0 0 0 0 0 15895900 16953626 119237 174927 1173988 936975 17189125 18065528 0 0 890028 1338105 715133 550655 0 0 0 15583964 16176768 17189125 18065528 0 0 34140054 33600536 5704995 3743088 28435059 29857448 X It is the aim of the Bledsoe Telephone Cooperative to provide dependable, state of the art telecommunication service on the cooperative plan and at the lowest cost consistent with sound economy and good management.In order to achieve this aim, Bledsoe Telephone Cooperative is committed to developing a courteous and dedicated staff of employees by providing quality training, opportunity for advancement, adequate compensation and a safe working environment. 0 0 Bledsoe Telephone Cooperative provided a variety of dependable telecommunication services to its cooperative members who were primarily located in Bledsoe, Sequatchie and Van Buren Counties. 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 83 0 1 67 1 0 0 0 0 0 11484138 1447618 0 X 7 7 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X James Condra 4234472121 338 Cumberland Avenue Pikeville TN 37367 John Lee Downey Director/President 5.00 X 20650 0 0 Rufus Johnson Director/Vice President 5.00 X 10220 0 0 James Condra Director/Secretary 5.00 X 19661 0 0 Randell Singleton Director 5.00 X 20650 0 0 Danny Wallace Director 5.00 X 20650 0 0 Sandy Burnett Director 5.00 X 24021 0 0 Richard Smith Director 5.00 X 25810 0 0 Charles Boring General Manager 40.00 X 151612 0 52599 Janie R Rothwell Controller/Business Manage 40.00 X 155734 0 49048 David Camp Information Systems Manage 40.00 X 117777 0 45296 Michael Stults Outside Plant Manager 40.00 X 111560 0 47581 Houston Thomas Network Operations Manager 40.00 X 109575 0 49116 787920 0 243640 5 0 1 0 Loftis Underground 1025 Green Meadow Rd Cookeville TN 35850 Outside Plant Contractors 863419 Innovative Sytems LLC 1000 Innovative Dr Mitchell SD 57301 Maintenance Computer Software 188621 TN Independent Telecommunications Group 211 Commerce St Suite 1610 Nashville TN 37201 Telecommunications Services 178885 Calix Inc 1035 N McDowell Blvd Petaluma CA 94954 Central Office Contractors 121727 4 Telephone Service 517000 9984616 9984616 Cable/Internet/Video 517000 6969010 6969010 16953626 56626 56626 4933022 4814721 118301 118301 118301 8543 5085 3458 3458 Partnership Income 517000 933517 933517 933517 18065528 17890601 0 174927 X 1338105 550655 51094 3884367 Plant Operations 3931867 Internet Service Operat 2848549 Video Service Operation 2607704 Corporate Operations 1043214 1809973 18065528 4980615 4506572 717020 648729 1530322 1686602 122289 2969 70915441 55496071 16951066 15419370 6766785 8343805 126484 62705 2945473 2929784 34140054 33600536 1677226 1855650 3109595 1574895 918174 312543 5704995 3743088 X 109072 111152 0 0 28325987 29746296 28435059 29857448 34140054 33600536 X 0 1422389 X X 0 1 X 1 0 174218 174218 70741223 55496071 15245152 15419370 Cellular Radio of Chattanooga 1904714 C NRTC Stock Certificates 128562 C Investment in T.I.T.G. 896508 C 2929784 Deferred Compensation 197009 Post-retirement Benefits 115534 312543 17804666 0 17804666 260862 260862 18065528 16466560 0 16466560 1598968 1598968 18065528 Part XI, Line 4b - Other Adjustments: Reclassification of expense items included in revenues on F/S 260,862. Part XII, Line 4b - Other Adjustments: Reclassification of expense items included in revenues on F/S 260,862. Allocation of margins to cooperative members 1,338,106. X 1 1 X X 0 0 0 Charles Boring General Manager 151364 0 0 0 248 0 30900 0 21699 0 204211 0 0 0 Janie R Rothwell Controller/Business Manage 154515 0 0 0 1219 0 31579 0 17469 0 204782 0 0 0 David Camp Information Systems Manage 117500 0 0 0 277 0 23375 0 21921 0 163073 0 0 0 Michael Stults Outside Plant Manager 111409 0 0 0 151 0 25707 0 21874 0 159141 0 0 0 Houston Thomas Network Operations Manager 109402 0 0 0 173 0 27221 0 21895 0 158691 0 0 0 Part I, Line 1a Travel for companions: John Lee Downey - $954 Randell Singleton - $954 James Condra - $365 Danny Wallace - $954 Sandy Burnett - $365 Richard Smith - $954 Each amount above is reported as income on the Form W-2 or Form 1099 of the respective employee or director. TITG LLC dba IRIS Networks The GM of BTC serves on the governing body of the interested party. 495215 T.I.T.G., LLC is a wholesale telecommunications carrier of which Bledsoe Telephone Cooperative, Inc. owns approximately ten percent of the profits, losses, and capital. The General Manager of Bledsoe Telephone Cooperative, Inc. serves as its representative to the governing body of T.I.T.G., LLC.During the year Bledsoe Telephone Cooperative, Inc. leased telephone circuits from T.I.T.G., LLC and also leased some circuits to T.I.T.G., LLC.The following are those amounts:Telephone Circuit Lease Payments to T.I.T.G., LLC $168,755Telephone Circuit and Fiber Lease Payments from T.I.T.G., LLC $254,745 0 Form 990, Part VI, Section A, line 6 Bledsoe Telephone Cooperative 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 Each member shall be entitled to only one vote upon each matter submitted to a vote at a meeting of the members. Members of the governing body are elected each year at the cooperative's annual meeting provided that a quorum is present. Form 990, Part VI, Section A, line 7b The membership must approve decisions that involve substantial transfers of cooperative assets and certain statutorily defined 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 A, line 8b There are no other committees that have to authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b Management reviewed the completed Form 990. A copy of the Form 990 was then provided to each of the members of the cooperative's governing body at a meeting prior to filing the form with the Internal Revenue Service by the tax preparer who assisted in the preparation of the form. Once the Form 990 was approved by the governing body, the President signed the E-file authorization form allowing the Form 990 to be transmitted to the Internal Revenue Service by the accounting firm who assisted in the preparation of the form. Form 990, Part VI, Section B, line 12c The General Manager is responsible for monitoring and enforcing the conflict of interest policy. Form 990, Part VI, Section B, line 15 Bledsoe Telephone Cooperative retains a third party expert, Mathis & Associates, to establish job descriptions, pay ranges, and to set matrices for job evaluations, which are then compared to similar industries in the nation. Mathis develops pay ranges based upon nationwide statistics. The Board of Directors determine compensation based on the data provided by Mathis & Associates. This process is reflected in the minutes of the board meetings. Form 990, Part VI, Section C, line 19 Bledsoe Telephone Cooperative makes these documents available by distributing personally or via mail, printed copies of the bylaws to members of the cooperative. Bledsoe Telephone Cooperative provides copies of the audited financials to all members attending the annual meeting and upon request by an individual member. Form 990, Part IX, line 24e Customer Operations 844,690. Other Expenses 396,603. Operating Taxes 340,833. Long Distance Exp 227,847. Form 990, Part XI, line 9: Change in memberships 2,080. Deceased capital credits -302,520. Capital credits retired -1,276. Post-retirement benefit plan: Unrecognized gain 386,000. Allocation of margins to cooperative members 1,338,105. Form 990, Part XII, Line 2c Blesoe Telephone Cooperative, Inc. did not change its processes of selection or oversight for the year ended December 31, 2016. Cellular Radio of Chattanooga 1025 Lenox Park Blvd NE Suite 310 Atlanta GA 303195309 620526657 Telecommunications DE Related 0 895223 2567894 0 1 0.25000