FORM 990, PART VI, SECTION A, LINE 6 |
MUST BE A MEMBER TO RECEIVE TELEPHONE SERVICE. EACH MEMBER HAS 1 VOTE. MAY HAVE MORE THAN 1 SERVICE PER MEMBERSHIP |
FORM 990, PART VI, SECTION A, LINE 7A |
NOMINATING COMMITTEE MEETS EVERY YEAR THERE IS AN ELECTION TO SELECT A MEMBER TO RUN FOR DIRECTOR. ANY MEMBER WHO HAS LIVED IN THEIR DISTRICT FOR MORE THAN 240 DAYS AND WITH A PETITION SIGNED BY 10% OF ELIGIBLE MEMBERS, IF NOT NOMINATED BY THE COMMITTEE, MAY RUN FOR DIRECTOR. |
FORM 990, PART VI, SECTION A, LINE 7B |
ARTICLES OF INCORPORATION CAN ONLY BE CHANGED BY A 2/3 MAJORITY VOTE OF THE MEMBERS. BYLAWS MAY BE ALTERED, AMENDED, OR REPEALED AT ANY REGULAR OR SPECIAL MEETING BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. |
FORM 990, PART VI, SECTION B, LINE 11B |
DIRECTORS ARE FURNISHED A DRAFT COPY TO REVIEW PRIOR TO FILING. MAY MAKE INQUIRIES OF INFORMATION CONTAINED IN THE COPY. ADDITIONALLY, DIRECTORS MEET WITH THE INDEPENDENT AUDITOR AND ARE ABLE TO ASK QUESTIONS AT THAT TIME. |
FORM 990, PART VI, SECTION B, LINE 12C |
A STATEMENT IS SIGNED BY THE DIRECTOR ACKNOWLEDGING THE POLICY AND DISCLOSING ANY POTENTIAL CONFLICTS. |
FORM 990, PART VI, SECTION B, LINE 15 |
15A. CEO SALARY BASED ON CONTRACT AND SURVEY OF OTHER TELEPHONE COMPANIES AS COMPILED BY NATIONAL TELEPHONE ASSOCIATION. 15B. WAGE AND SALARY PLAN HAS BEEN DEVELOPED BASED ON STATE, REGIONAL, AND NATIONAL SURVEY OF TELEPHONE COOPERATIVES. WAGES ARE BASED ON JOB CLASSIFICATIONS AND RESPONSIBILITIES. |
FORM 990, PART VI, SECTION C, LINE 19 |
THE BYLAWS AND ANNUAL FINANCIAL INFORMATION IS GIVEN TO EACH MEMBER ON AN ANNUAL BASIS. EACH YEAR AN ANNUAL MEETING OF MEMBERS IS HELD. ANNUAL FINANCIAL INFORMATION IS ALSO AVAILABLE ON THE KENTUCKY PUBLIC SERVICE COMMISSION WEBSITE. |
FORM 990, PART XI, LINE 9: |
REFUND OF CAPITAL CREDITS -3,188,815. BENEFITS PAID TO MEMBERS 5,815,348. COMPREHENSIVE INCOME POST RETIREMENT BENEFITS 8,193,829. NET CHANGES IN MEMBERSHIPS 1,191. |