2011-11-11T15:20:28-06:00 2010-12-31 Moss Adams LLP 601 W Riverside Suite 1800 Spokane WA 992010629 990 2010-01-01 810251379 Blackfoot Telephone Cooperative BLAC 4065415000 1221 N Russell Missoula MT 59808 Ted Otis 4065415000 2011-09-29 1 Cheri R Burnham CPA 5097472600 2010 2016-03-07 17:11:31Z X Ted Otis 1221 N Russell Missoula MT 59808 25055663 0 X N/A X 1953 MT Named after the Blackfoot River, the Cooperative offers services to 22 rural exchanges within a 6,500-square mile, seven-county region in western Montana and Idaho. A non-profit corporation, Blackfoot Telephone Cooperative, Inc. is owned by its customers. 9 9 153 0 602409 111603 0 0 21499626 24681888 258856 362018 1078800 -175214 22837282 24868692 0 0 0 0 1713547 1428723 0 0 0 17249283 25947701 18962830 27376424 3874452 -2507732 76165692 70770502 31637044 29917062 44528648 40853440 Named after the Blackfoot River, the Cooperative offers services to 22 rural exchanges within a 6,500-square mile, seven-county region in western Montana and Idaho. A non-profit corporation, Blackfoot Telephone Cooperative, Inc. is owned by its customers. 0 0 Blackfoot Telephone Cooperative makes telephone service and facilities available to the widest practical number of users on a non-profit, cooperative basis. 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 206 0 1 153 0 1 1 0 0 0 0 0 0 13069490 1009259 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 1 0 MT X Joan Mandeville 4065415000 1221 North Russell Missoula MT 59802 Tom Eggensperger 4.00 X X 9107 3960 1517 William Teague 4.00 X X 4817 0 1517 Cynthia Lewis 4.00 X X 9437 0 1517 Jim Blush 4.00 X 10427 3960 1517 Ross Friede 4.00 X 7127 3630 1517 Leslie Iverson 4.00 X 10757 0 1517 Stuart Morton 4.00 X 11747 3630 1517 James Newberg 4.00 X 10427 0 1517 Geoffrey Wilson 4.00 X 10757 3960 1517 Joan Mandeville 40.00 X 165123 58016 48874 Bill Squires 40.00 X 157151 55215 50511 Ted Otis 40.00 X 127947 44955 40251 Connie Stevenson 40.00 X 103306 25827 22509 Frank Cresia 40.00 X 132994 39726 44015 Dave Martin 40.00 X 81144 81144 32614 Barak Longnecker 40.00 X 23957 84937 33693 S Ray Lynn 40.00 X 24921 88355 24385 Ryan Delaney 40.00 X 48403 72604 25788 James Steele 40.00 X 0 119295 31988 Thomas Domako 40.00 X 0 116750 35462 949549 805964 403743 17 0 1 0 Hickorytech Corp PO Box 3248 Mankota MN 56002 Software 669340 Optelian PO BOx 66512 Chicago IL 60666 Network 372304 CHR Solutions PO BOX 1450 Minneapolis MN 55485 Software 313057 Dakota Supply Group PO BOX 86 Minneapolis MN 55486 Network 293379 Martin Group PO BOX 1450 NW 5494 Minneapolis MN 55485 Software 210822 16 Wireline - Interstate 517000 9004522 9004522 Wireline - Customer 517000 5804968 5804968 Internet - Customer 517000 4426112 4426112 Long Distance - Custom 517000 1224577 1224577 Wireline - Interstate 517000 1215838 1215838 3005871 2430681 575190 24681888 344562 27219 317343 204427 204427 0 0 -17456 17456 17456 17456 Income from Subsidiary 517000 -175214 -175214 -175214 24868692 23948940 602409 317343 1428723 1005341 5499163 Goodwill Amortization 7023340 Plant Specific Operatio 4073958 Customer Operations 2019727 Corporate Operations 2018282 Cost of Goods Sold 1680041 2627849 27376424 70985 120658 6716311 6117922 4125026 4024094 357518 418277 106982988 60664918 45721786 46318070 8235294 10489811 10938772 3281670 76165692 70770502 3192825 3896710 25313396 22104796 3130823 3915556 31637044 29917062 X 0 0 0 0 44528648 40853440 44528648 40853440 76165692 70770502 X -2507732 -1167476 X 0 1 0 X 0 879555 879555 106103433 60664918 45438515 46318070 Investment in Affiliates 2210668 C Investment in Nonaffiliates 1411895 C Investment in Certificates of Deposits 780000 C Securities Available for Sale 6087248 F 10489811 Advanced Billing and Customer Deposits 1296449 Deferred Credits 2619107 3915556 24868692 27376424 -2507732 -1167476 -1167476 -3675208 Description of Uncertain Tax Positions Under FIN 48: Part X: For the December 31, 2010, the Cooperative has accounted for uncertain tax positions whereby the effect of the uncertainty would be recorded if the likelihood the position will be sustained upon examination is less than 50%. As of December 31, 2010 and 2009, the Cooperative had no accrued amounts related to uncertain tax positions. Part XI, Line 8 - Other Adjustments: Patronage Capital Retired -1,536,996. Donated Equity 158,217. Educational Services and Software Donations -79,256. Excise Tax Refunds 25,902. Changes in Accumulated OCI 264,657. X X 0 0 0 Joan Mandeville 165123 58016 0 0 0 0 26424 0 22450 0 213997 58016 0 0 Bill Squires 157151 55215 0 0 0 0 24884 0 25627 0 207662 55215 0 0 Ted Otis 127947 44955 0 0 0 0 20089 0 20162 0 168198 44955 0 0 Connie Stevenson 103306 25827 0 0 0 0 14917 0 7592 0 125815 25827 0 0 Frank Cresia 132994 39726 0 0 0 0 20220 0 23795 0 177009 39726 0 0 Dave Martin 81144 81144 0 0 0 0 18629 0 13985 0 113758 81144 0 0 James Steele 0 119295 0 0 0 0 14310 0 17678 0 31988 119295 0 0 Thomas Domako 0 116750 0 0 0 0 14280 0 21182 0 35462 116750 0 0 Form 990, Part VI, Section A, line 6 The organization operates as a cooperative consisting of members. Form 990, Part VI, Section A, line 7a The Board of Trustees are nominated and elected by the members. Form 990, Part VI, Section A, line 7b Decisions of the governing body that are subject to approval by the members include nomination, election, removal and compensation of trustees; sale, mortgage or encumbrance of cooperative property; alterations, amendments or cancellations of bylaws; and indemnification of board members, officers, employees or agents. Form 990, Part VI, Section B, line 11 A copy of the 990 is reviewed at the Board of Trustees meeting prior to being filed. Form 990, Part VI, Section B, line 12c Board policy requires disclosure of all conflicts of interest. All possible conflicts of interest must be discussed with the employee's supervisor/manager as they arise. Those conflicts are reviewed by the President and General Counsel when appropriate. Form 990, Part VI, Section B, line 15a The Board of Trustees reviews and approves the annual compensation of the Chief Executive Officer, who then determines the compensation of other officers and key employees based on an overall labor budget approved by the Board of Trustees. Form 990, Part VI, Section C, line 19 Tax return is filed with the IRS and available through site or by request. Additionally, annual financial statements are mailed directly to each cooperative member. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Patronage Capital Retired -1,536,996. Donated Equity 158,217. Educational Services and Software Donations -79,256. Excise Tax Refunds 25,902. Changes in Accumulated OCI 264,657. Total to Form 990, Part XI, Line 5: -1,167,476. BTC Holdings Inc and Subsidiaries 1221 North Russell Missoula MT 59802 810484507 Telecommunications MT C -632 466 1.00000 Blackfoot Communications Inc 1221 North Russell Missoula MT 59802 810499119 Telecommunications MT BTC Holdings Inc C -255246 7058087 1.00000 Telesphere Software Inc 1221 North Russell missoula MT 59802 810102705 Telecommunications MT BTC Holdings Inc C 103149 496652 1.00000 1 0 0 1 1 0 0 0 1 1 0 0 1 1 0 0 0 0 BTC Holdings Inc and Subsidiaries A 27219 BTC Holdings Inc and Subsidiaries I 303880 BTC Holdings Inc and Subsidiaries I 88752 BTC Holdings Inc and Subsidiaries I 1578539 BTC Holdings Inc and Subsidiaries J 686881