2013-06-10T06:54:10-07:00 2012-09-30 CURTIS BLAKELY & CO PC PO BOX 5486 LONGVIEW TX 756085486 990 2011-10-01 750830462 PEOPLES TELEPHONE COOPERATIVE INC PEOP 9037632214 PO BOX 228 QUITMAN TX 75783 Steven Steele 2013-06-07 true Kathy Jackson CPA 9037580734 2011 2016-03-07 17:11:31Z Steven Steele 6505 Stewart Blvd The Colony TX 75056 12135366 false false X www.peoplescom.net X 1952 TX To provide dependable area-wide telephone service on the cooperative plan and at the lowest cost consistent with sound economy and good management. 9 9 85 276765 122169 0 12264625 12073580 31834 26036 26845 22069 12323304 12121685 14000 14000 0 6008398 5222234 0 0 8470585 9239905 14492983 14476139 -2169679 -2354454 52641339 73619708 39096009 57463569 13545330 16156139 To provide dependable area-wide telephone service on the cooperative plan and at the lowest cost consistent with sound economy and good management. false false Providing rural telephone service to approximately 10,755 members, which includes local and long distance service, installation, maintenance and equipment sales. false false false false false false false false false false true false false true true true false true false false false false false false false false false false true true false false false false false false false false false false false false false false false false true true true false false true 29 0 true 85 true true true false false false false false false false false false 3195459 155203 false false false false X 9 9 false false false false true true false true true false false false true false false false false false true true false false X Scott Thompson 9037632214 PO Box 228 Quitman TX 757830228 Rodney Whitter 1.00 X 1100 0 32101 Doug Cameron 1.00 X 1200 0 0 Johnny Ziegler 1.00 X 1200 0 0 JAMES PETE Gibson 1.00 X 1100 0 0 Bob Clopton 1.00 X 1200 0 22929 Mark Johnson 1.00 X 1100 0 32101 Mike Fowler 1.00 X X 900 0 0 Jeff Guthrie 1.00 X X 700 0 32101 Bill Galyean 1.00 X X 1200 0 0 Robbie Allen 40.00 X 152848 0 40895 Steven Steele 40.00 X 136785 0 48252 299333 208379 2 false true false TRIPLE L CONTRACTORS LLC PO BOX 986 EMORY TX 75440 CONSTRUCTION 117985 1 0 Texas USF 1811691 1811691 NECA Seetlement 1208646 1208646 Local & Long Distance 5855230 5855230 Federal USF 2898371 2898371 Directory Advertising 299642 44946 254696 12073580 26036 26036 0 0 35750 13681 22069 22069 22069 0 0 0 0 0 12121685 11818884 276765 26036 0 14000 0 0 507712 0 2822946 0 1672548 219028 0 37189 619543 0 0 0 0 0 0 0 0 430271 0 0 0 1065428 0 3152573 0 PLANT NONSPECIFIC 1453463 CORPORATE OPERATIONS 1770959 CUSTOMER OPERATIONS 2012944 PLANT SPECIFIC 3886783 -5189248 14476139 0 0 0 699 701 882819 2629342 0 19812114 19839000 0 0 25000 25000 322037 151836 257976 271361 68067615 44816087 25692489 23251528 0 0 0 0 5648205 27450940 52641339 73619708 9516806 11768959 70439 14705794 18008427 18550895 11500337 12437921 39096009 57463569 X 115600 112730 13429730 16043409 13545330 16156139 52641339 73619708 X -2354454 4965263 X false true true X false false 153877 153877 4656758 2859962 1796796 878857 878857 62378123 41077268 21300855 23251528 CONSTRUCTION IN PROGRESS 18349196 27450940 POSTRETIREMENT BENEFITS 12437921 12437921 Part X Part X : FIN48 Footnote Peoples Telephone Cooperative, Inc.'s financial statements do not include a footnote reporting a liability for uncertain tax positions under FIN 48. Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Change in FAS 158 $273406 SUBSIDIARY INCOME $4694727 Change in Memberships $ -2870 true X 0 0 Scholarship 14 14000 Cash Grantmaker's Description of How Grants are Used Peoples Telephone Cooperative, Inc. pays the individual scholarships it awards directly to the school attended by the scholarship recipient to be used only for approved educational purposes. false false false Steven Steele 136785 15457 32795 185037 Robbie Allen 152848 17272 23623 193743 Form 990, Schedule R, Part V, Line 2d (Transaction Type Q) In 2005, Peoples Telephone Cooperative, Inc. (PTC) purchased six wireless spectrum licenses for the benefit of its wholly owned subsidiary Texas RSA 7B3, Inc. (Wireless) at a cost of $539,400. Although beneficial ownership was immediately transferred to Wireless, bare legal title remained in the name of PTC.In 2012, PTC transferred legal title to the six wireless spectrum licenses to Wireless and recorded the original 2005 purchase on Wireless' books and records. The estimated value of the licenses at the date of transfer was $8.25 million based on the subsequent sale of four of the licenses. Form 990, Schedule R, Part V, Line 2d (Transaction Type A-P) The method used by Peoples Telephone Cooperative, Inc. to determine the value of the services, cash, and other assets reported in column (c): Peoples Telephone Cooperative, Inc. (PTC) operates in a regulated environment, and as such, is required to record transactions with related organizations according to Part 32.27 of Title 47 of the Code of Federal Regulations. Under these regulations, assets sold or transferred between the taxpayer and its affiliate pursuant to a tariff, including a tariff filed with a state commission, are valued at the tariffed rate. If no tariff exists, the transaction is valued at prevailing rates charged by the taxpayer to non-affiliate entities, as long as over 25% of the total output for that type of asset or service is with non-affiliates. All other sales (or transfers) of assets or services to nonregulated affiliates are valued at the greater of net book cost or fair market value. Purchases (or transfers) of assets or services from nonregulated affiliates are valued at the lower of net book cost or fair market value. The only exception to the above, is if PTC purchases from its affiliate services that are neither tariffed nor subject to prevailing company prices and such affiliate exists solely to provide services to members of PTC's corporate family, such services are valued at fully distributed cost.Fair market value is determined by PTC's geographical location and transactions with non-related entities. Form 990, Part XII, Line 2c The entire board of directors of Peoples Telephone Cooperative, Inc. assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. Form 990, Part IX, Line 24e Other Expenses:Federal Income Tax 41,000Nonregulated Service Expense 5,667Less: Wages/Benefits/Taxes -5,222,234 see belowLess: Rental Expenses -13,681 see below -5,189,248Peoples Telephone Cooperative, Inc. (PTC) prepares its books as required in Part 32 of Title 47 of the FCC Code of Federal Regulations. Under Part 32, salaries, other compensation, and employee benefits are spread among numerous accounts (plant specific, customer operations, corporate operations, plant nonspecific, and nonregulated service expense). PTC has separately stated these expenses in the various categories in Part IX, Column (A), Lines 5-10.Rental expenses associated with rental revenue are reported in Part VIII, Lines 6a-d. These are also spread among numerous accounts listed in Part IX. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Peoples Telephone Cooperative, Inc. makes its governing documents and financial statements available to its members upon request at the monthly board meetings. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees See Form 990, Part VI, Line 15a Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The Form 990 will be reviewed by all of the board of directors of Peoples Telephone Cooperative, Inc. at a board meeting before it is filed. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Peoples Telephone Cooperative, Inc. has approximately 10,755 members in the rural area of Wood, Franklin, and Rains Counties, Texas. Peoples Fibercom Corporation PO Box 228 Quitman TX 75783 752887111 Communications TX Peoples Holding Inc C -622065 7048465 1.00000 Texas RSA 7B3 LP PO Box 228 Quitman TX 75783 752295094 Cellular Telecommunications TX Peoples Holding Inc C 3968288 6792998 1.00000 Peoples Communication Inc PO Box 228 Quitman TX 75783 751831802 Telecommunications TX Peoples Holding Inc C 1148793 12895202 1.00000 Peoples Holding Inc PO Box 228 Quitman TX 75783 752959231 Holding Company DE N/A C 1 6915277 1.00000 true false false false false false false false false true false true false true false false true false Texas RSA 7B3 LP q 8250000 See Sch. O Texas RSA 7B3 LP n 334255 See Sch. O Texas RSA 7B3 LP a 13677 See Sch. O Peoples Communication Inc n 1257666 See Sch. O Peoples Communication Inc l 114416 See Sch, O Peoples Communication Inc j 1158369 See Sch. O Peoples Communication Inc a 22073 See Sch. O