2015-11-13T07:06:31-06:00 2014-12-31 521855942 TATE AND TRYON 2021 L STREET NW SUITE 400 WASHINGTON DC 20036 990 2014-01-01 530159345 UNITED STATES TELECOM ASSOCIATION UNIT 2023267300 607 14TH STREET NO 400 WASHINGTON DC 20005 WALTER B MCCORMICK JR PRESIDENT & CEO 2023267300 2015-10-29 1 FREDERICK LONGWOOD P00439715 2022932200 2014 2016-02-25 16:41:14Z USTELECOM WALTER B MCCORMICK JR 607 14TH STREET NO 400 WASHINGTON DC 20005 13739875 0 X WWW.USTELECOM.ORG X 1897 IL USTELECOM IS THE NATION'S LEADING TRADE ASSOCIATION REPRESENTING BROADBAND SERVICE PROVIDERS AND SUPPLIERS. OUR DIVERSE MEMBER BASE RANGES FROM LARGE PUBLICLY TRADED COMMUNICATIONS CORPORATIONS TO SMALL COMPANIES AND COOPERATIVES - ALL PROVIDING ADVANCED COMMUNICATIONS SERVICES TO MARKETS BOTH URBAN AND RURAL. PREVIOUSLY KNOWN AS THE UNITED STATES TELEPHONE ASSOCIATION, WE SERVE AS THE GO-TO SOURCE FOR BROADBAND NEWS AND INDUSTRY EVENTS. 17 17 35 17 0 0 0 0 13487853 13087967 698927 638522 23154 13386 14209934 13739875 114700 258600 0 0 8521665 8510587 0 0 0 2302448 6330748 10938813 15099935 3271121 -1360060 18858155 19241752 3336089 4691619 15522066 14550133 USTELECOM MEMBERS, COMPRISED OF COMPANIES OF ALL SIZES - URBAN AND RURAL, PUBLICLY-TRADED, PRIVATELY HELD, AND COOPERATIVES -- HAVE A LONG AND PROUD HISTORY OF SERVING AMERICA'S COMMUNICATIONS' NEEDS. (SEE SCHEDULE O FOR CONTINUATION) 0 0 GOVERNMENT RELATIONS -- THIS DEPARTMENT REPRESENTS THE ASSOCIATION'S INTERESTS IN THE HALLS OF CONGRESS AND THE ADMINISTRATION. IT ALSO MANAGES THE ASSOCIATION'S POLITICAL ACTION COMMITTEE. LAW, POLICY AND REGULATORY -- THIS DEPARTMENT REPRESENTS MEMBERS' INTERESTS BEFORE APPROPRIATE REGULATORY BODIES AT THE FEDERAL AND STATE LEVEL WHILE ALSO MANAGING THE ASSOCIATION'S GENERAL COUNSEL FUNCTION. COMMUNICATIONS & INDUSTRY AFFAIRS: THIS GROUP OVERSEES MEMBER COMMUNICATIONS AND EXTERNAL PRESS RELATIONS THROUGH THE USTELECOM WEBSITE AS WELL AS VARIOUS ELECTRONIC COMMUNICATIONS. IT ALSO PROVIDES EDUCATIONAL OPPORTUNITIES TO OUR MEMBERS. 0 0 0 1 0 0 0 0 0 1 1 0 0 1 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 0 0 1 48 0 1 35 1 0 0 0 0 1 1 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 2023267300 607 14TH STREET NO 400 WASHINGTON DC 20005 STEVE DAVIS CHAIRMAN 2.00 0.00 X X 0 0 0 ROBERT A HUNT VICE CHAIRMAN 2.00 1.00 X X 0 0 0 DARBY MCCARTY SECRETARY 2.00 0.00 X X 0 0 0 ROBERT CURREY TREASURER 2.00 0.00 X X 0 0 0 ANAND VADAPALLI BOARD MEMBER 2.00 0.00 X 0 0 0 ARNE L HAYNES BOARD MEMBER 2.00 0.00 X 0 0 0 CRAIG SILLIMAN BOARD MEMBER 2.00 0.00 X 0 0 0 DAN OVERLAND BOARD MEMBER 2.00 0.00 X 0 0 0 ERIC YEAMAN BOARD MEMBER 2.00 0.00 X 0 0 0 GARY C GILMER BOARD MEMBER 2.00 0.00 X 0 0 0 JACK W KEEN BOARD MEMBER 2.00 0.00 X 0 0 0 JAMES W CICCONI BOARD MEMBER 2.00 0.00 X 0 0 0 JEFF GARDNER BOARD MEMBER 2.00 1.00 X 0 0 0 KATHLEEN ABERNATHY BOARD MEMBER 2.00 0.00 X 0 0 0 MARTY RUBIN BOARD MEMBER 2.00 0.00 X 0 0 0 PAUL H SUNU BOARD MEMBER 2.00 0.00 X 0 0 0 RON B MCCUE BOARD MEMBER 2.00 0.00 X 0 0 0 ROYSTER M TUCKER III BOARD MEMBER 2.00 0.00 X 0 0 0 WALTER MCCORMICK PRESIDENT & CEO 40.00 1.00 X 1674771 0 45489 MARK KULISH SVP, ADMIN & CFO 40.00 1.00 X 301651 0 67330 JONATHAN BANKS SVP, LAW & POLICY 40.00 1.00 X 619506 0 161256 ALAN ROTH SR. EVP, GOV'T AFFAIRS 40.00 1.00 X 1175567 0 240652 ANNE VEIGLE SVP, COMMUNICATIONS 40.00 0.00 X 219076 0 66335 DAVID COHEN VP, POLICY (THRU 12/14) 40.00 0.00 X 297219 0 100922 MARC GONZALES VP, GOV'T AFFAIRS 40.00 0.00 X 201752 0 27795 ROBERT MAYER VP, INDUSTRY/STATE AFFAIRS 40.00 0.00 X 305649 0 50591 GLENN REYNOLDS VP, POLICY (THRU 7/14) 40.00 0.00 X 309559 0 29502 TOM SOROKA VP, ENGINEERING/TECH 40.00 0.00 X 189615 0 34311 5294365 0 824183 18 0 1 0 BECKIT SYSTEMS INC 22570 MARKEY COURT SUITE 200 DULLES VA 20166 IT CONSULTING 320407 LHD 920 MASSACHUSETTS AVENUE NW STE 1 WASHINGTON DC 20001 LOBBYING 240000 THE SIMMONS & RUSSELL GROUP LLC 601 PENNSYLVANIA AVE NW SUITE 900 WASHINGTON DC 20004 CONSULTING 240000 WILKINSON BARKER KNAUER LLP 2300 N STREET NW SUITE 700 WASHINGTON DC 20037 LEGAL SERVICES 192212 GMMB 3050 K STREET NW SUITE 100 WASHINGTON DC 20007 CONSULTING 178223 8 DUES AND ASSESSMENTS 900099 13067967 13067967 WEBINARS & CONFERENCES 900099 20000 20000 13087967 468382 468382 10690 10690 170140 0 170140 170140 170140 MISCELLANEOUS REVENUE 900099 2696 2696 2696 13739875 13087967 0 651908 258600 4601687 2612209 321200 661552 313939 492140 60570 126000 1499547 182871 29058 215327 1221943 90422 95959 153458 94838 PENSION BENEFIT EXPENSE 1559800 GOVERNMENT AFFAIRS 141989 MEMBERSHIP AND DUES 131317 PRINTING & PUBLICATIONS 130613 104896 15099935 1000 1000 2875216 2328497 11527 9943 249042 287387 2078277 1869356 341689 208921 15379681 16406004 18858155 19241752 395506 539190 166653 506522 2773930 3645907 3336089 4691619 X 15522066 14550133 15522066 14550133 18858155 19241752 -1360060 388127 0 X X 0 1 X 1 0 0 0 1 13067967 4453185 -531726 3921459 3272644 648815 567076 447338 119738 1511201 1422018 89183 208921 EQUITY AND FIXED INCOME MUTUAL FUNDS 16406004 F 16406004 DEFERRED RENT 500493 ACCRUED PENSION BENEFITS 1767011 SUPPLEMENTAL PENSION/RETIREMENT PLAN BENEFITS 1096849 LIABILITY FOR POST RETIREMENT HEALTHCARE BENEFITS 281554 3645907 X 14128002 388127 388127 13739875 0 13739875 15099935 0 15099935 0 15099935 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS IT HAS TAKEN. THEREFORE, MANAGEMENT HAS NOT IDENTIFIED ANY UNCERTAIN INCOME TAX POSITIONS. GENERALLY, THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS ONCE THEY HAVE BEEN FILED. 1 AMERICAN ENTERPRISE INSTITUE FOR PUBLIC POLICY RESEARCH 1150 SEVENTEETH STREET NW WASHINGTON DC 20036 530218495 501(C)(3) 25000 PROGRAM SUPPORT BRYCE HARLOW FOUNDATION P O BOX 75652 BALTIMOE MD 21275 521266620 501(C)(3) 5000 PROGRAM SUPPORT CAPITOL HILL CLUB FUNDRAISING 300 FIRST STREET SE WASHINGTON DC 20003 522061617 501(C)(3) 5000 PROGRAM SUPPORT CENTER FOR DATA INNOVATION 1101 K STREET NW SUITE 610 WASHINGTON DC 20005 204403497 501(C)(3) 10000 PROGRAM SUPPORT CITIZEN EDUCATION FUND 7278 15TH STREET NW SUITE 1200 WASHINGTON DC 20005 5000 PROGRAM SUPPORT CONGRESSIONAL BLACK CAUCUS FOUNDATION 1720 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 521160561 501(C)(3) 10000 PROGRAM SUPPORT CONGRESSIONAL HISPANIC CAUCUS INSTITUTE 911 2ND STREET NE WASHINGTON DC 20002 521114225 501(C)(3) 10000 PROGRAM SUPPORT CONSORTIUM OF CATHOLIC ACADEMIES 104 HUME AVENUE ALEXANDRIA VA 22301 522050972 501(C)(3) 10000 PROGRAM SUPPORT FRIENDS OF ADAM SMITH 6849 OLD DOMINION DRIVE SUITE 420 MCLEAN VA 22101 522321987 501(C)(3) 5000 PROGRAM SUPPORT GAY & LESBIAN VICTORY INSTITUTE 1133 15TH STREET NW SUITE 350 WASHINGTON DC 20005 521835268 501(C)(3) 10000 PROGRAM SUPPORT HORTON'S KIDS 100 MARYLAND AVE NE STE 520 WASHINGTON DC 20002 521755403 501(C)(3) 15000 PROGRAM SUPPORT INFORMATION TECHNOLOGY AND INNOVATION FOUNDATION 1101 K STREET NW SUITE 600 WASHINGTON DC 20005 204403497 501(C)(3) 25000 PROGRAM SUPPORT JOINT CENTER FOR POLITICAL & ECONOMIC STUDIES 805 15TH STREET NW 2ND FLOOR WASHINGTON DC 20005 521069070 501(C)(3) 10000 PROGRAM SUPPORT LAB SCHOOL OF WASHINGTON 5185 MACARTHUR BOULEVARD NW SUITE 250 WASHINGTON DC 20016 521261627 501(C)(3) 5000 PROGRAM SUPPORT MARCH OF DIMES FOUNDATION PO BOX 62770 BALTIMOE MD 21264 131846366 501(C)(3) 10000 PROGRAM SUPPORT MINORITY MEDIA & TELECOM COUNCIL 3636 16TH STREET NW STE B-366 WASHINGTON DC 20010 521880677 501(C)(3) 5000 PROGRAM SUPPORT NATIONAL MS SOCIETY 1800 M STREET NW SUITE 750 WASHINGTON DC 20036 251066473 501(C)(3) 10000 PROGRAM SUPPORT NEW YORK LAW SCHOOL 185 BROADWAY RM C405 NEW YORK NY 10013 135645885 501(C)(3) 10000 PROGRAM SUPPORT PHOENIX CENTER FOR ADVANCED LEGAL & ECONOMIC PUBLIC POLICY STUDIES 5335 WISCONSIN AVENUE NW SUITE 440 WASHINGTON DC 20015 522079266 501(C)(3) 20000 PROGRAM SUPPORT THE CHILDREN'S INN AT NIH 5910 GLOSTER RD BETHESDA MD 20816 521638207 501(C)(3) 15000 PROGRAM SUPPORT THE FUND FOR AMERICAN STUDIES 1706 NEW HAMSHIRE AVENUE NW WASHINGTON DC 20009 136223604 501(C)(3) 7500 PROGRAM SUPPORT THE GREATER WASHINGTON DC CHAPTER INTERNET SOCIETY 1840 PLYMOUTH STREET NW WASHINGTON DC 20012 541650477 501(C)(3) 5000 PROGRAM SUPPORT THE THIRD WAY FOUNDATION 1101 14TH STREET NW SUITE 1250 WASHINGTON DC 20005 521629221 501(C)(3) 10000 PROGRAM SUPPORT WASHINGTON BACH CONSORT 1010 VERMONT AVENUE NW SUITE 202 WASHINGTON DC 20005 521107948 501(C)(3) 7000 PROGRAM SUPPORT 24 0 PART I, LINE 2: USTELECOM MAKES CONTRIBUTIONS PRIMARILY TO CHARITABLE ORGANIZATIONS. AN ANNUAL BUDGET IS ESTABLISHED AND SENIOR MANAGEMENT PRIORITIZES WHICH CONTRIBUTIONS WILL BE MADE. RECORDS ARE MAINTAINED TO SUBSTANTIATE AMOUNTS OF CONTRIBUTIONS AND INVOICES ARE REVIEWED TO ASSURE CONTRIBUTIONS ARE NOT DEEMED POLITICAL, ARE MADE TO 501C3 ORGANIZATIONS, ETC. USTELECOM TYPICALLY DOES NOT ATTEMPT TO AUDIT ACTUAL USE OF CONTRIBUTIONS BY THE RECEIVING ORGANIZATION. X 1 1 X X X X X 0 0 0 WALTER MCCORMICK PRESIDENT & CEO 1017916 0 511523 0 145332 0 22382 0 26107 0 1723260 0 0 0 MARK KULISH SVP, ADMIN & CFO 235254 0 66397 0 0 0 60253 0 11521 0 373425 0 0 0 JONATHAN BANKS SVP, LAW & POLICY 414051 0 204999 0 456 0 138258 0 31415 0 789179 0 0 0 ALAN ROTH SR. EVP, GOV'T AFFAIRS 725408 0 449703 0 456 0 223816 0 25283 0 1424666 0 0 0 ANNE VEIGLE SVP, COMMUNICATIONS 188572 0 30048 0 456 0 43861 0 28220 0 291157 0 0 0 DAVID COHEN VP, POLICY (THRU 12/14) 237313 0 38318 0 21588 0 86050 0 21402 0 404671 0 0 0 MARC GONZALES VP, GOV'T AFFAIRS 185896 0 15400 0 456 0 13086 0 20066 0 234904 0 0 0 ROBERT MAYER VP, INDUSTRY/STATE AFFAIRS 261989 0 43660 0 0 0 33995 0 22713 0 362357 0 0 0 GLENN REYNOLDS VP, POLICY (THRU 7/14) 211885 0 69264 0 28410 0 16100 0 18089 0 343748 0 0 0 TOM SOROKA VP, ENGINEERING/TECH 175287 0 14161 0 167 0 14351 0 25210 0 229176 0 0 0 PART I, LINE 1A FIRST-CLASS BUSINESS TRAVEL WALTER MCCORMICK: $6,301 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL HAVE FULL POWER AND AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS ON ALL MATTERS EXCEPT THOSE EXCLUSIVELY RESERVED TO THE BOARD OF DIRECTORS BY THE BYLAWS OR THE OPERATION OF LAW. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE ASSOCIATION IS DIVIDED INTO THREE CLASSES: ACTIVE, INTERNATIONAL, AND ASSOCIATE. (A) ACTIVE MEMBERS OF THE ASSOCIATION SHALL INCLUDE COMPANIES THAT OWN OR OPERATE FACILITIES-BASED COMMUNICATIONS NETWORKS IN THE UNITED STATES AND/OR ITS TERRITORIES. (B) INTERNATIONAL MEMBERS SHALL INCLUDE COMPANIES THAT OWN OR OPERATE FACILITIES-BASED COMMUNICATIONS NETWORKS OUTSIDE THE BOUNDARIES OF THE UNITED STATES OR ITS TERRITORIES. (C) ASSOCIATE MEMBERS SHALL INCLUDE (I) COMPANIES ENGAGED IN PROVIDING VOICE, VIDEO, ENTERTAINMENT, CONTENT, OR BROADBAND SERVICES OR APPLICATIONS, (II) COMPANIES ENGAGED IN THE BUSINESS OF SOFTWARE OR EQUIPMENT DESIGN, SERVICING, MANUFACTURING, OR SUPPLY, AND (III) CONSULTANTS. THE RIGHT TO VOTE SHALL BE LIMITED TO THE REPRESENTATIVES OF ACTIVE MEMBERS. THESE MEMBERS SHALL HAVE THE RIGHT TO APPROVE NOMINATIONS TO THE BOARD OF DIRECTORS MADE BY THE LEADERSHIP COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A THE NUMBER OF DIRECTORS SHALL BE NO FEWER THAN 18 AND NO MORE THAN 25. EACH DIRECTOR SHALL BE AN EXECUTIVE OF STATURE OF A MEMBER OF THE ASSOCIATION. (A) THE SIX LARGEST ACTIVE MEMBERS (BASED ON REVENUES) THAT COMMIT TO HAVE THE ASSOCIATION REPRESENT THEM AS THEIR PRINCIPAL TRADE ASSOCIATION EACH SHALL HAVE THE RIGHT TO DESIGNATE AN EXECUTIVE OF STATURE TO SERVE AS A DIRECTOR. (B) SIX DIRECTORS SHALL BE ELECTED FROM AMONG EXECUTIVES OF STATURE OF ACTIVE MEMBERS THAT COMMIT TO HAVE THE ASSOCIATION REPRESENT THEM AS THEIR PRINCIPAL TRADE ASSOCIATION PURSUANT TO NOMINATION BY THE LEADERSHIP COMMITTEE. (C) SIX DIRECTORS SHALL BE ELECTED FROM AMONG EXECUTIVES OF STATURE OF ACTIVE MEMBERS THAT COMMIT TO HAVE THE ASSOCIATION REPRESENT THEM AS THEIR PRINCIPAL TRADE ASSOCIATION PURSUANT TO NOMINATION BY THE EXECUTIVE COMMITTEE. (D) UP TO SEVEN NON-VOTING DIRECTORS MAY BE ELECTED FROM AMONG EXECUTIVES OF STATURE OF INTERNATIONAL MEMBERS AND/OR ASSOCIATE MEMBERS PURSUANT TO NOMINATION BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS OF THE ASSOCIATION MAY BE ALTERED, AMENDED, OR REPEALED AND NEW BYLAWS MAY BE ADOPTED BY A MAJORITY OF THE MEMBERS OF THE BOARD OF DIRECTORS PRESENT AT ANY REGULAR OR SPECIAL MEETING AT WHICH A QUORUM IS PRESENT. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS INITIALLY PREPARED BY THE ASSOCIATION'S EXTERNAL AUDITORS, WITH DATA PROVIDED PRIMARILY BY THE USTELECOM FINANCE DEPARTMENT. A DRAFT IS THEN CIRCULATED FOR REVIEW TO THE GENERAL COUNSEL AND TO THE SENIOR VP OF ADMINISTRATION AND CFO. ONCE THESE PARTIES HAVE SIGNED OFF ON THE DRAFT, IT IS SENT TO THE PRESIDENT & CEO FOR HIS REVIEW. BEFORE THE 990 IS FILED, IT IS DISCUSSED AT AN EXECUTIVE COMMITTEE MEETING OF THE BOARD AND MADE AVAILABLE FOR REVIEW BY COMMITTEE MEMBERS. EXTERNAL AUDITORS THEN FINALIZE THE RETURN AND THE USTELECOM FINANCE DEPARTMENT VIA CERTIFIED MAIL SENDS IT TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C WE REQUIRE BOARD MEMBERS AND SENIOR STAFF TO ATTEST IN WRITING EACH YEAR THAT THEY ARE IN CONFORMANCE WITH OUR CONFLICT OF INTEREST POLICY. FURTHER, OUR EMPLOYEE HANDBOOK CONTAINS OUR CONFLICT OF INTEREST POLICY AND ALL STAFF MUST SIGN AN ACKNOWLEDGEMENT THAT THEY HAVE RECEIVED, READ AND UNDERSTAND THE MATERIAL CONTAINED IN THE EMPLOYEE HANDBOOK AND WILL ABIDE BY ITS GUIDANCE. WITH RESPECT TO ANY POTENTIAL CONFLICT OF INTEREST INVOLVING A MEMBER OF THE BOARD OF DIRECTORS OR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WILL DETERMINE WHETHER OR NOT A CONFLICT OF INTEREST EXISTS, AND WHETHER OR NOT SUCH CONFLICT MATERIALLY AND ADVERSELY AFFECTS THE INTERESTS OF USTELECOM. A COVERED OFFICIAL WHOSE POTENTIAL CONFLICT IS UNDER REVIEW MAY NOT DEBATE, VOTE, OR OTHERWISE PARTICIPATE IN SUCH DETERMINATION. IF THE BOARD OF DIRECTORS DETERMINES THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST DOES EXIST, THE BOARD SHALL ALSO DETERMINE AN APPROPRIATE REMEDY. SUCH REMEDY MAY INCLUDE, FOR EXAMPLE, THE RECUSAL OF THE CONFLICTED COVERED OFFICIAL FROM PARTICIPATING IN CERTAIN MATTERS PENDING BEFORE THE BOARD OR OTHER USTELECOM BODY. ONLY DISINTERESTED MEMBERS OF THE EXECUTIVE COMMITTEE MAY PARTICIPATE IN ANY REVIEW. THE EXECUTIVE COMMITTEE SHALL INFORM THE BOARD OF ITS DETERMINATION AND RECOMMENDED ACTION. THE BOARD SHALL RETAIN THE RIGHT TO MODIFY OR REVERSE SUCH DETERMINATION AND ACTION, AND SHALL RETAIN THE ULTIMATE ENFORCEMENT AUTHORITY WITH RESPECT TO THE INTERPRETATION AND APPLICATION OF THIS POLICY. WITH RESPECT TO ANY POTENTIAL CONFLICT OF INTEREST INVOLVING KEY EMPLOYEES, THE PRESIDENT AND CEO OF USTELECOM WITH APPROPRIATE CONSULTATION, SHALL DETERMINE WHETHER SUCH CONFLICT EXISTS AND WHAT IS THE APPROPRIATE REMEDY AND SHALL EXERCISE ITS AUTHORITY WITH RESPECT TO THE REVIEW OF THAT DECISION OR MAY REFER IT TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE PRESIDENT & CEO IS SET THROUGH A PROCESS OF THE EXECUTIVE COMMITTEE OF THE BOARD WHICH INCLUDES ESTABLISHMENT OF ANNUAL GOALS AND ASSESSMENT OF THEIR ACHIEVEMENT. THE PRESIDENT & CEO OPERATES UNDER THE AUTHORIZED EMPLOYMENT CONTRACT OF THE EXECUTIVE COMMITTEE OF THE BOARD. COMPENSATION OF STAFF HAS PREVIOUSLY BEEN REVIEWED BY AN INDEPENDENT CONSULTING PROCESS, WHICH INCLUDED MARKET COMPARABILITY STUDIES BASED ON POSITION REQUIREMENTS AT SIMILARLY SITUATED ORGANIZATIONS. ANNUAL INCREASES AND BONUSES ARE BASED ON PERFORMANCE AGAINST BOARD APPROVED GOALS AND ARE DETERMINED BY AN INTERNAL COMPENSATION COMMITTEE THAT IS COMPRISED OF MEMBERS OF THE SENIOR STAFF (NO INTERNAL COMMITTEE MEMBER PARTICIPATES IN HIS/HER OWN COMPENSATION DISCUSSION). FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. HOWEVER, THE ORGANIZATION DOES HAVE A PROCESS FOR PROVIDING COPIES ON A CASE BY CASE BASIS. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE AUDIT OVERSIGHT PROCEDURES FROM THE PRIOR YEAR. FORM 990, PART III, LINE 1 CONTINUATION: OUR MEMBER COMPANIES HAVE COMMITTED A CONSIDERABLE AMOUNT OF RESOURCES AND INVESTMENT TO DELIVER HIGH-SPEED BROADBAND TO U.S. HOUSEHOLDS, AND EXPAND SERVICE ACCESS ACROSS THE NATION. THEY ARE ALSO ACTIVELY ENGAGED IN DEVELOPING AND MAINTAINING INNOVATIVE PARTNERSHIPS TO BETTER SERVE CONSUMERS -- REDUCING BARRIERS AND BUILDING A NETWORK INFRASTRUCTURE THAT ENCOURAGES AND SUPPORTS BROADBAND CONNECTIVITY FOR ALL AMERICANS. IN ADDITION, USTELECOM MEMBERS HAVE LONG DEMONSTRATED THEIR MULTI-BILLION COMMITMENT TO WORKING WITH MINORITIES, WOMEN, SERVICE-DISABLED VETERAN-OWNED BUSINESS ENTERPRISES, AND SMALL BUSINESSES -- ENCOURAGING SUPPLIER RELATIONSHIPS WITH MINORITY-OWNED VENDOR SOURCES WHENEVER POSSIBLE THAT CAN PROVIDE COMPETITIVE PRICES, QUALITY AND SERVICE. BROADBAND TECHNOLOGY HAS ENRICHED THE NATION'S ECONOMY, EDUCATION, HEALTH CARE AND MORE, DRIVING A HIGHER QUALITY OF LIFE FOR ALL AMERICANS. AS A RESULT OF THE INDUSTRY'S COMMITMENT TO ONGOING INVESTMENT TO EXTEND HIGH-SPEED INTERNET SERVICES AND APPLICATIONS, A ROBUST BROADBAND INFRASTRUCTURE IS NOW AVAILABLE COAST-TO-COAST. OUR MISSION AT USTELECOM IS TO UNITE AMERICA'S BROADBAND SERVICE PROVIDERS ACROSS OUR MEMBERSHIP IN THE ADVOCACY OF PRO-INVESTMENT POLICIES THAT PROMOTE BROADBAND ACCESS AND EXPANSION, AND PROVIDE VALUABLE SERVICES AND PLATFORMS TO EVERY AMERICAN. THE TELECOM SECTOR HAS BEEN ACTIVELY ENGAGED IN A NUMBER OF EFFORTS TO ADVANCE BROADBAND ADOPTION AND EXPAND HIGH-SPEED INTERNET TO AREAS ACROSS THE COUNTRY. SINCE 1996, THE INDUSTRY HAS PROVIDED $1.4 TRILLION TOWARD BROADBAND INFRASTRUCTURE, WITH INVESTMENT REACHING $78 BILLION IN 2014. ADDITIONALLY, INTERNET TRAFFIC IN THE U.S. HAS QUADRUPLED IN THE PAST FIVE YEARS AND IS PREDICTED TO INCREASE 36 PERCENT OVER THE NEXT FIVE YEARS, DUE IN LARGE PART TO THIS MASSIVE INFRASTRUCTURE. USTELECOM IS ALSO COMMITTED TO PROVIDING PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND ONLINE TECHNICAL EDUCATION. IN ADDITION, WE STRIVE TO KEEP THE PUBLIC INFORMED AND UPDATED ON THE STATE OF THE COMMUNICATIONS MARKETPLACE, PROVIDING HIGH-QUALITY RESEARCH AND INFORMATION ON THE BROADBAND INDUSTRY. AND, THROUGH WEEKLY NEWSLETTERS AND STRATEGIC CEO MEMOS, OUR ASSOCIATION OFFERS ACCESS TO INVALUABLE INDUSTRY RESOURCES. UNITED STATES TELECOM ASSOCIATION FOUNDATION 607 14TH STREET NW 400 WASHINGTON DC 20005 521691824 PROVIDE EDUCATIONAL PROGRAMS ON TELECOMMUNICATIONS TECHNOLOGY. DC 501(C)(3) 509(A)(3) US TELECOM ASSOCIATION 0 UNITED STATES TELECOM ASSOCIATION POLITICAL ACTION COMMITTEE 607 14TH STREET NW 400 WASHINGTON DC 20005 PROVIDE FEDERAL CAMPAIGN CONTRIBUTIONS. DC 527(F) US TELECOM ASSOCIATION 0 UNITED STATES TELEPHONE ASSOCIATION 501(C)(9) TRUST 607 14TH STREET NW 400 WASHINGTON DC 20005 521851497 FUND HEALTH BENEFIT PLANS FOR ELIGIBLE EMPLOYEES, DEPENDENTS AND RETIREES. DC 501(C)(9) US TELECOM ASSOCIATION 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0