FORM 990, PART VI, SECTION A, LINE 6 |
THE COOPERATIVE'S MEMBERSHIP CONSISTS OF PERSONS RECEIVING RETAIL TELECOMMUNICATIONS SERVICES FROM THE COOPERATIVE, WHO RESIDE IN THE COOPERATIVE'S SERVICE AREA AND PROVIDE A CONTINUING OR PERIODIC TELECOMMUNICATIONS REVENUE STREAM FOR THE COOPERATIVE. |
FORM 990, PART VI, SECTION A, LINE 7A |
DIRECTORS ARE ELECTED FROM A POOL OF QUALIFIED CANDIDATES AS DEFINED AND DETERMINED BY THE COOPERATIVE'S BYLAWS AT THE COOPERATIVE'S ANNUAL MEETING BY A MAJORITY OF THE VOTING MEMBERS. MEMBERS' VOTES ARE CAST ORALLY UNLESS THE RESULTS ARE CONTESTED. IF THE RESULTS ARE CONTESTED, PAPER BALLOTS ARE THEN MAILED OUT TO MEMBERS. |
FORM 990, PART VI, SECTION A, LINE 7B |
(1) THE SALE, LEASE, EXCHANGE OR SUBSTANTIAL DISPOSITION OF ALL OF THE COOPERATIVE'S ASSETS, IF NOT IN THE ORDINARY COURSE OF THE COOPERATIVE'S BUSINESS, IS SUBJECT TO THE APPROVAL OF A TWO-THIRDS MAJORITY OF THE COOPERATIVE'S MEMBERSHIP. (2) AMENDMENTS TO THE COOPERATIVE'S BYLAWS ARE SUBJECT TO APPROVAL BY A MAJORITY OF VOTING MEMBERS IN ATTENDENCE OF ANY MEETING OF THE MEMBERS SUBSEQUENT TO PROVIDING MEMBERS WITH A NOTICE OF THE PROPOSED AMENDMENTS OR A SUMMARY OF THE CHANGES INCLUDED WITH THE NOTICE OF THE MEETING. |
FORM 990, PART VI, SECTION A, LINE 8B |
THERE WERE NO COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS IN THE CURRENT YEAR. |
FORM 990, PART VI, SECTION B, LINE 11 |
A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S CEO, STEVE LOUTZENHISER, FOR HIS REVIEW PRIOR TO FILING. THE BOARD OF DIRECTORS DOES NOT REVIEW FORM 990 PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
MCC HUMAN RESOURCES REVIEWS THE CONTENT OF THE CONFLICT OF INTEREST POLICY REGULARLY. ALL TEAM MEMBERS ARE REQUIRED TO READ AND ACKNOWLEDGE RECEIPT OF POLICIES. MCC ADDRESSES COMPLAINTS OR ALLEGED VIOLATIONS OF POLICY VIA INTERNAL INVESTIGATION IN COMPLIANCE WITH THIS, AND OTHER APPLICABLE POLICIES. |
FORM 990, PART VI, SECTION B, LINE 15 |
IN CONJUNCTION WITH EMPLOYING A HUMAN RESOURCES PROFESSIONAL TO DESIGN AND FACILITATE COMPENSATION STRUCTURE, MCC RETAINS AN INDEPENDENT CONSULTANT TO ASSIST WITH ANALYZING THE CHOSEN PAY DELIVERY SYSTEM FOR COMPENSATION PLANS. MARKET ANALYSIS IS REVIEWED ANNUALLY. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE COOPERATIVE'S BYLAWS AND ANNUAL FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THEIR WEBSITE. THEIR CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. |
FORM 990, PART XI, LINE 9: |
CHANGE IN MEMBERSHIPS 339. PATRONAGE CAPITAL REDEMPTIONS & DISCOUNTS -420,285. RETIREMENT OF UNCLAIMED EQUITIES 597,394. FEDERAL EXCISE TAX REFUND 23,453. |