SCOTT COUNTY TELEPHONE COOPERATIVE INC: Form 990, tax year 2012
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- Organization
- SCOTT COUNTY TELEPHONE COOPERATIVE INC (EIN 54-0557573)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-12
- IRS object ID
- 201303169349303500
- Schema version
- 2012v2.1
- 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) |
|---|---|---|
| Timestamp | 2013-11-12T10:25:11-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 631035228 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jackson Thornton & Co PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O Box 96 | AddressLine1 |
| City | Montgomery | City |
| State | AL | State |
| ZIP Code | 361010096 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540557573 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Scott County Telephone Cooperative | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SCOT | NameControl |
| Phone | 2764529119 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 149 Woodland Street | AddressLine1 |
| City | Gate City | City |
| State | VA | State |
| ZIP Code | 242510487 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Daniel E Odom | Name |
| Title | Chief Financial Officer | Title |
| Phone | 2764529119 | Phone |
| Date Signed | 2013-11-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PATRICK COOPER | Name |
| PTIN | P00856177 | PTIN |
| Phone | 3348347660 | Phone |
| Date Prepared | 2013-11-05 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | William J Franklin | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 149 Woodland Street | AddressLine1 |
| City | Gate City | City |
| State | VA | State |
| ZIP Code | 242510487 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8105303 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.sctc.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1951 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | To provide telecommunication services to its members. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 91 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 117189 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 8026306 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 7945709 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 26115 | InvestmentIncomePriorYear |
| Investment Income Current Year | 23719 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 235627 | OtherRevenuePriorYear |
| Other Revenue Current Year | 135875 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8288048 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8105303 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 323469 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 90279 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 465344 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 515302 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7499235 | OtherExpensePriorYear |
| Other Expenses Current Year | 7499722 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8288048 | TotalExpensesPriorYear |
| Total Expenses Current Year | 8105303 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 0 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 0 | RevenuesLessExpensesCY |
| Total Assets BOY | 31333025 | TotalAssetsBOY |
| Total Assets EOY | 35111212 | TotalAssetsEOY |
| Total Liabilities BOY | 16364466 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 20778711 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14968559 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14332501 | NetAssetsOrFundBalancesEOY |
| Mission Description | Scott County Telephone Cooperative makes telephone service and facilities available to the widest practical number of users on a non-profit, cooperative basis. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | Scott County Telephone Cooperative's service area included approximately 545 square miles in Scott County, 110 square miles in Russell County and 15 square miles in Wise and Dickenson County. The cooperative provided to its members, telecommunications services, that included dial tone, IP dial-tone, video and broadband services along with long-distance service. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 25 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 91 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Gross Income From Members | 2395220 | GrossIncomeFromMembers |
| Gross Income Other Sources | 167432 | GrossIncomeOtherSources |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Daniel E Odom | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2764529119 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 149 Woodland St | AddressLine1 |
| City | Gate City | City |
| State | VA | State |
| ZIP Code | 24251 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (14 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| John Kilgore | |||||||
| Director/President | 1.00 | X | 20277 | 0 | 0 | ||
| Toby Hilton | |||||||
| Director/Vice President | 1.00 | X | 10161 | 0 | 0 | ||
| John Ferguson | |||||||
| Director/Secretary | 1.00 | X | 20077 | 0 | 0 | ||
| William Johnson | |||||||
| Director/Treasurer | 1.00 | X | 24596 | 0 | 0 | ||
| Roy Egan | |||||||
| Director | 1.00 | X | 19377 | 0 | 0 | ||
| Edwin Dingus | |||||||
| Director | 1.00 | X | 19477 | 0 | 0 | ||
| Garry Hood | |||||||
| Director | 1.00 | X | 19127 | 0 | 0 | ||
| Phillip Osborne | |||||||
| Director | 1.00 | X | 19377 | 0 | 0 | ||
| Paul Kilgore | |||||||
| Director | 1.00 | X | 17727 | 0 | 0 | ||
| Billy Maness | |||||||
| Director | 1.00 | X | 24796 | 0 | 0 | ||
| Howard Davidson | |||||||
| Director | 1.00 | X | 1815 | 0 | 0 | ||
| William J Franklin | |||||||
| Chief Executive Officer | 40.00 | 132753 | 0 | 33813 | X | ||
| Daniel E Odom | |||||||
| Chief Financial Officer | 40.00 | 103395 | 0 | 38534 | X | ||
| John Brickey Jr | |||||||
| Director (Former) | 0.00 | 12057 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 445012 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 72347 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Edwards Telecommunications Inc | |||||
| 777 Old Clemson Road | Columbia | SC | 29229 | Fiber Installation | 2151814 |
| W Metts Engineering Co Inc | |||||
| 121 Bridge Street | Branchville | SC | 29432 | Engineering Services | 1432588 |
| Haverstock Fiber Splicing Inc | |||||
| PO Box 152 | Marengo | IN | 47140 | Splicing | 477690 |
| CHR Solutions | |||||
| PO Box 1450 | Minneapolis | MN | 55485 | Billing Services | 282000 |
| Jackson Thornton & Co PC | |||||
| PO Box 96 | Montgomery | AL | 36101 | Accounting/cost separations | 173325 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Network Access & Long | 517000 | 6167825 | 6167825 |
| Basic Local Network Se | 517000 | 1626895 | 1626895 |
| Other Telecom Revenues | 517000 | 150989 | 150989 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 7945709 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 23719 | TotalRevenueColumn |
| Exclusion | $23,719 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 16837 | Real |
| Personal | 1849 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 16837 | Real |
| Personal | 1849 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18686 | TotalRevenueColumn |
| Exclusion | $18,686 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Directory Revenues | Description |
| Business Code | 541800 | BusinessCode |
| Total Revenue Column | 117189 | TotalRevenueColumn |
| Unrelated Business Revenue | 117189 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 117189 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8105303 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7945709 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 117189 | UnrelatedBusinessRevenue |
| Exclusion | $42,405 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90279 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 515302 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 297546 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1994549 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| Plant Specific Operatio | 2207527 |
| Corporate Operations | 1324035 |
| Customer Operations | 827298 |
| Plant Non-Specific Oper | 641031 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 207736 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8105303 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2194650 | BOY |
| EOY | 2312836 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 407365 | BOY |
| EOY | 408795 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2567047 | BOY |
| EOY | 3443112 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100000 | BOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1064056 | BOY |
| EOY | 1084255 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33650 | BOY |
| EOY | 77143 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 44030952 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 20306624 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20929627 | BOY |
| EOY | 23724328 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 287362 | BOY |
| EOY | 306824 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3369590 | BOY |
| EOY | 3369590 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 379678 | BOY |
| EOY | 384329 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31333025 | BOY |
| EOY | 35111212 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2488408 | BOY |
| EOY | 4608072 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9660080 | BOY |
| EOY | 11270357 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4215978 | BOY |
| EOY | 4900282 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16364466 | BOY |
| EOY | 20778711 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113211 | BOY |
| EOY | 110761 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14855348 | BOY |
| EOY | 14221740 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14968559 | BOY |
| EOY | 14332501 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31333025 | BOY |
| EOY | 35111212 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 0 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 6913 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -642971 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 247996 | OtherCostOrOtherBasis |
| Book Value | 247996 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4444922 | OtherCostOrOtherBasis |
| Depreciation | 1321954 | Depreciation |
| Book Value | 3122968 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 39338034 | OtherCostOrOtherBasis |
| Depreciation | 18984670 | Depreciation |
| Book Value | 20353364 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 23724328 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Investment in SCTC Management Group, Inc. | 2150000 | C |
| Investment in T.I.T.G. | 1065556 | C |
| Investment in Virginia Independent Telephone Alliance | 154034 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 3369590 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Accumulated Post Retirement Benefits Liability | $4,863,158 |
| Customer Deposits | $37,124 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4900282 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of Uncertain Tax Positions Under FIN 48: | Identifier |
| Return Reference | Part X, Line 2: | ReturnReference |
| Explanation | Income taxes - The Cooperative accounts for income taxes in accordance with the Income Taxes Topic of the FASB Accounting Standards Codification. This topic requires companies to record deferred tax liabilities or assets for the deferred tax consequences of all temporary differences. Deferred taxes are provided on the liability method whereby deferred tax assets are recognized for deductible temporary differences and operating loss and tax credit carry forwards, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance, when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. Management evaluated the Cooperative's tax positions and concluded that the Cooperative had taken no uncertain tax positions that require adjustment to the financial statements. With few exceptions, the Cooperative is no longer subject to income tax examinations by the United States federal, state, or local tax authorities for years before 2009. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 0 | SubstantiationRequired |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| William J Franklin | ||||||||||||||
| Chief Executive Officer | 131756 | 0 | 0 | 0 | 997 | 0 | 16044 | 0 | 17769 | 0 | 166566 | 0 | 0 | 0 |
| John Brickey Jr | ||||||||||||||
| Director (Former) | 12057 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12057 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 6 | Scott County Telephone Cooperative operates on the cooperative basis having members with equal voting rights and are assigned margins in accordance with the cooperative's bylaws. | |
| Form 990, Part VI, Section A, line 7a | Members elect the governing body (Board of Directors) at the annual meeting, on an annual basis. The members of Scott County Telephone Cooperative also have the right to approve certain decisions of the Board of the Directors that are required to be approved by the Bylaws. | |
| Form 990, Part VI, Section A, line 7b | The membership must approve decisions that involve substantial transfers of cooperative assets, amendments to the cooperative's bylaws, as well as other decisions requiring approval of the membership by law, the articles of incorporation, and/or the cooperative's bylaws. | |
| Form 990, Part VI, Section B, line 11 | The Form 990 was reviewed extensively by the Chief Financial Officer before the return was filed. Each member of the board of directors was given notice before the Form 990 was filed with the Internal Revenue Service that a copy of the completed Form 990 was available for his/her review at the cooperative's headquarters. | |
| Form 990, Part VI, Section B, line 15 | Utilizing salary data from the NTCA as well as the cooperative's financial data, the board of directors determines and approves compensation as well as raises for the Chief Executive Officer. Compensation for other officers and employees is determined using a pay scale based on the NTCA Compensation and Benefits survey. The Human Resource Manager reviews the compensation for the other officers and employees. The board of directors approves the compensation of these individuals when it reviews and approves the annual budget. | |
| Form 990, Part VI, Section C, line 19 | These documents are available to the public upon request at the cooperative's office in Gate City, Virginia. | |
| Form 990, Part IX, Line 4 | The instructions to the 2012 Form 990 indicate that organizations exempt under Section 501(c)(12) should report patronage dividends paid to their members in Part IX, Line 4 of the Form 990. Scott County Telephone Cooperative has interpreted the words "patronage dividends paid" in the instructions to mean margins that are assigned or assignable to the members. Scott County Telephone Cooperative assigns the net margins to its members each year. Therefore, the amount listed in Part IX, Line 4 represents the net margins assigned/assignable to the members for the calendar year ended December 31, 2012. | |
| Form 990, Part XI, line 9: | Change in Memberships -2,450. Unrecognized net loss and transition obligation for postretirement benefits -730,800. Net margins assigned to members 90,279. | Changes in Net Assets or Fund Balances: |
| Form 990, Part XII, Line 2c | Scott County Telephone Cooperative did not change its processes of selection and oversight for the year ended December 31, 2012. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| Appalachian Broadband LLC | |||||||||
| PO Box 501 | Gate City | VA | 24251 | 364759123 | Broadband Operations | VA | 0 | 749566 | SCTC Management Group Inc |
| SW VA Fiber Network LLC | |||||||||
| PO Box 501 | Gate City | VA | 24251 | 141855709 | Fiber Network Operations | VA | 1140000 | SCTC Management Group Inc | |
Form990 Schedule R Part IV Form990ScheduleRPartIV (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Share Of Total IncomeShareOfTotalIncome |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SCTC Management Group Inc | |||||||||||||
| PO Box 487 | Gate City | VA | 24251 | 203890740 | Management Company | VA | N/A | C | 3873297 | 1.00000 | 1 | ||
| Scott County Long Distance Inc | |||||||||||||
| PO Box 487 | Gate City | VA | 24251 | 541955209 | Long Distance Provider | VA | C | 280703 | 1.00000 | 1 | SCTC Management Group Inc | 616577 | |
| Scott Telecom and Electronics Inc | |||||||||||||
| PO Box 489 | Gate City | VA | 24251 | 541541739 | Communications | VA | C | 2916229 | 1.00000 | 1 | SCTC Management Group Inc | 3236968 | |
| MountaiNet Inc | |||||||||||||
| PO Box 488 | Gate City | VA | 24251 | 541775307 | Internet Service Provider | VA | C | 943847 | 1.00000 | 1 | SCTC Management Group Inc | 2378598 | |
| MountaiNet Long Distance Inc | |||||||||||||
| PO Box 488 | Gate City | VA | 24251 | 541955342 | Long Distance Provider | VA | C | 65308 | 1.00000 | 1 | SCTC Management Group Inc | 122422 | |
| MountaiNet Telephone Company | |||||||||||||
| PO Box 488 | Gate City | VA | 24251 | 542001443 | Local Telephone Service | VA | C | 4280147 | 1.00000 | 1 | SCTC Management Group Inc | 1221765 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| MountaiNet Inc | ||
| R | 844535 | Cash |
| MountaiNet Telephone Company | ||
| R | 232049 | Cash |
| Scott County Long Distance Inc | ||
| R | 275770 | Cash |
| Scott Telecom & Electronics Inc | ||
| O | 809089 | Payroll Allocation |
| MountaiNet Inc | ||
| O | 482536 | Payroll Allocation |
| MountaiNet Telephone Company | ||
| O | 141737 | Payroll Allocation |