Peoples Rural Telephone Cooperative Corporation Inc

Mckee, KY
Tax-exempt since July 1961
EIN: 61-0461840

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(4) Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Revenue

$21.6M (2023)

Expenses

$22.4M (2023)

Total Assets

$103M (2023)

Total Liabilities

$19M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$21,601,799

Expenses

$22,414,777

Net Income

-$812,978

Net Assets

$84,119,763

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$18,528,971	85.8%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,072,828	14.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$749,837	3.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,852,449	12.7%

Assets/Debt
Total Assets	$103,140,148
Total Liabilities	$19,020,385
Net Assets	$84,119,763

Compensation

Key Employees and Officers	Compensation	Related	Other
Keith Gabbard (Ceo)	$176,570	$0	$43,597
Jason Lamb (Software Engineer/It)	$136,971	$0	$59,541
Michael Stidham (Operations Mgr)	$123,929	$0	$59,594
Christine Duncan (Cfo)	$121,571	$0	$51,429
Don Barrett (Director)	$46,571	$0	$0
Wendell Gabbard (Vice President)	$41,565	$0	$0
Nelson Bobrowski (Treasurer)	$34,750	$0	$0
Patricia Henderson (Director)	$22,083	$0	$0
Brian Mccoy (Director)	$17,648	$0	$0
Kendell Norris (President)	$11,810	$0	$0
Armel Davidson (Director)	$8,612	$0	$0
Gary Cornett (Secretary)	$7,758	$0	$0

+ View more people

990

Filed on May 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$21,635,112

Expenses

$21,635,112

Net Income

Net Assets

$77,966,483

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,081,044	88.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,554,068	11.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$321,573	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,541,540	11.7%

Assets/Debt
Total Assets	$100,485,904
Total Liabilities	$22,519,421
Net Assets	$77,966,483

Compensation

Key Employees and Officers	Compensation	Related	Other
Keith Gabbard (Ceo)	$181,209	$0	$44,134
Jason Lamb (Software Engineer/It)	$135,286	$0	$58,298
Michael Stidham (Operations Mgr)	$124,134	$0	$58,652
Christine Duncan (Cfo)	$118,191	$0	$50,001
Don Barrett (Director)	$42,737	$0	$0
Nelson Bobrowski (Treasurer)	$32,631	$0	$0
Wendell Gabbard (Vice President)	$29,506	$0	$0
Patricia Henderson (Director)	$14,371	$0	$0
Kendell Norris (President)	$7,929	$0	$0
Armel Davidson (Director)	$7,132	$0	$0
Gary Cornett (Secretary)	$6,058	$0	$0

+ View more people

990

Filed on May 11, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$24,354,512

Expenses

$24,354,512

Net Income

Net Assets

$81,732,614

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,528,788	80.2%
Investment Income	$957,422	3.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,868,302	15.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$330,210	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,269,958	13.4%

Assets/Debt
Total Assets	$99,458,138
Total Liabilities	$17,725,524
Net Assets	$81,732,614

Compensation

Key Employees and Officers	Compensation	Related	Other
Keith Gabbard (Ceo)	$197,053	$0	$61,486
Jason Lamb (Software Engineer/It)	$130,099	$0	$53,541
Michael Stidham (Operations Mgr)	$122,505	$0	$53,645
Christine Duncan (Cfo)	$114,634	$0	$45,421
Don Barrett (Director)	$42,812	$0	$0
Nelson Bobrowski (Treasurer)	$32,819	$0	$0
Wendell Gabbard (Vice President)	$28,822	$0	$0
Armel Davidson (Director)	$7,939	$0	$0
Gary Cornett (Secretary)	$7,058	$0	$0
Kendell Norris (President)	$6,918	$0	$0
Patricia Henderson (Director)	$6,790	$0	$0

+ View more people

990

Filed on May 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$24,774,188

Expenses

$24,774,188

Net Income

Net Assets

$77,025,899

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$20,969,878	84.6%
Investment Income	$833,144	3.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,971,166	12.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$692,963	2.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,594,301	10.5%

Assets/Debt
Total Assets	$95,047,418
Total Liabilities	$18,021,519
Net Assets	$77,025,899

Compensation

Key Employees and Officers	Compensation	Related	Other
Keith Gabbard (General Manager)	$188,192	$0	$65,185
Jason Lamb (Software Engineer/It)	$130,990	$0	$54,147
Michael Stidham (Operations Mgr)	$119,079	$0	$53,438
Christine Duncan (Cfo)	$106,253	$0	$31,600
Don Barrett (Director)	$42,159	$0	$0
Nelson Bobrowski (Treasurer)	$33,078	$0	$0
Wendell Gabbard (Secretary)	$28,743	$0	$0
Donald Hughes (President)	$17,755	$0	$0
Armel Davidson (Director)	$8,397	$0	$0
Kendell Norris (Vice President)	$6,960	$0	$0
Patricia Henderson (Director)	$6,357	$0	$0
Gary Cornett (Director)	$5,000	$0	$0

+ View more people

990

Filed on Dec. 20, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$26,351,729

Expenses

$26,351,729

Net Income

Net Assets

$72,634,299

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$20,173,643	76.6%
Investment Income	$989,294	3.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$5,188,792	19.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$348,261	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,827,756	10.7%

Assets/Debt
Total Assets	$91,213,594
Total Liabilities	$18,579,295
Net Assets	$72,634,299

Compensation

Key Employees and Officers	Compensation	Related	Other
Keith Gabbard (General Manager)	$192,712	$0	$70,315
Michael Stidham (Operations Mgr)	$117,908	$0	$56,704
Don Barrett (Director)	$40,605	$0	$0
Donald Hughes (President)	$33,246	$0	$0
Nelson Bobrowski (Treasurer)	$31,031	$0	$0
Wendell Gabbard (Secretary)	$27,753	$0	$0
Armel Davidson (Director)	$8,552	$0	$0
Kendell Norris (Vice President)	$7,331	$0	$0
Patricia Henderson (Director)	$7,031	$0	$0

+ View more people

990

Filed on Dec. 20, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2018

Revenue

$20,628,408

Expenses

$20,628,408

Net Income

Net Assets

$67,304,942

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,522,071	94.6%
Investment Income	-$13,389
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,119,726	5.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$322,831	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,623,029	12.7%

Assets/Debt
Total Assets	$83,013,363
Total Liabilities	$15,708,421
Net Assets	$67,304,942

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Dec.
2017

Revenue

$30,068,689

Expenses

$23,980,383

Net Income

$6,088,306

Net Assets

$66,171,616

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,421,790	64.6%
Investment Income	$1,014,965	3.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$9,631,934	32.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$322,023	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,487,849	10.4%

Assets/Debt
Total Assets	$83,116,166
Total Liabilities	$16,944,550
Net Assets	$66,171,616

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Revenue

$33,737,979

Expenses

$25,280,470

Net Income

$8,457,509

Net Assets

$58,439,194

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$20,583,040	61.0%
Investment Income	$408,909	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$12,746,030	37.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$325,983	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,343,093	9.3%

Assets/Debt
Total Assets	$81,280,060
Total Liabilities	$22,840,866
Net Assets	$58,439,194

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2015

Revenue

$26,625,468

Expenses

$22,362,337

Net Income

$4,263,131

Net Assets

$49,673,211

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$20,940,915	78.6%
Investment Income	-$1,465
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$5,686,018	21.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$313,262	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,269,340	10.1%

Assets/Debt
Total Assets	$77,766,600
Total Liabilities	$28,093,389
Net Assets	$49,673,211

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$17,869,712

Expenses

$18,200,986

Net Income

-$331,274

Net Assets

$43,235,695

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$19,269,360	> 100%
Investment Income	$76,602	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$1,476,250

Notable Expenses		Percent of Total Expenses
Executive Compensation	$320,805	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,265,368	12.4%

Assets/Debt
Total Assets	$72,685,001
Total Liabilities	$29,449,306
Net Assets	$43,235,695

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$19,554,432

Expenses

$17,287,768

Net Income

$2,266,664

Net Assets

$43,472,888

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$17,724,951	90.6%
Investment Income	$135,162	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,694,319	8.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$294,367	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,417,044	14.0%

Assets/Debt
Total Assets	$77,250,459
Total Liabilities	$33,777,571
Net Assets	$43,472,888

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$18,058,812

Expenses

$15,694,291

Net Income

$2,364,521

Net Assets

$42,502,772

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$15,654,161	86.7%
Investment Income	$69,176	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,335,475	12.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$285,465	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,419,210	15.4%

Assets/Debt
Total Assets	$73,231,886
Total Liabilities	$30,729,114
Net Assets	$42,502,772

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$21,070,089

Expenses

$16,028,559

Net Income

$5,041,530

Net Assets

$40,029,088

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$16,056,285	76.2%
Investment Income	$192,323	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,821,481	22.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$255,199	1.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,395,956	14.9%

Assets/Debt
Total Assets	$66,041,341
Total Liabilities	$26,012,253
Net Assets	$40,029,088

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 2, 2024

Peoples Rural Telephone Cooperative Corporation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $21.6M (2023)

Expenses $22.4M (2023)

Total Assets $103M (2023)

Total Liabilities $19M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

Revenue

$21.6M (2023)

Expenses

$22.4M (2023)

Total Assets

$103M (2023)

Total Liabilities

$19M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004